A student must complete 30 semester hours of graduate level coursework to earn a Master of Arts in Accountancy.
It is important for accountancy students to meet with their academic adviser and set up a degree plan to make sure that they have met their undergraduate prerequisite requirements.
Students are also required to access the Degree Audit Reporting System (DARS) throughout their college career to verify that degree requirements are being met.
Applicants must have taken the following coursework: introductory courses in financial and managerial accounting, college math through business calculus, and principles of economics (micro and macro), statistics, and computer applications (recommended). A course in computer applications is recommended.
Students interested in sitting for the Illinois CPA examination should be aware of the Illinois Board of Examiners’ requirement of 24 hours of business courses. Further information about the exam can be found at http://www.illinois-cpa-exam.com.
Students can be admitted conditionally until all admissions requirements are met. Students receiving financial aid must be fully admitted after one year in order to maintain their eligibility.
The following undergraduate accountancy courses or the equivalent are also required.
ACC 321, 322 and 324 Intermediate Financial Accounting I, II and III (or equivalent)
ACC 335 Accounting Information Systems (or equivalent)
ACC 433 Intermediate Managerial Accounting (or equivalent)
ACC 443 Federal Income Taxation (or equivalent)
ACC 464 Auditing Concepts and Responsibilities (or equivalent)
An overall GPA of 2.70 in Accountancy prerequisite courses is required for full admittance into the master’s degree program.
Major Requirements (30 Hrs.)
Accounting Topics Courses: 21-24 hours required, and
Business and Administrative Topics*: 3-6 hours required, and
ACC 583 Accountancy Capstone: 3 hours required.
* We recommend that you take either an MBA or an MIS elective since these are three hour courses. All BUS 500-level courses are acceptable as elective credit except BUS 501. If you wish, you may take a 500-level PAD course as an elective, but remember that these are still four hour courses.
An overall GPA of 3.00 is required to earn the master’s degree in Accountancy.
CHANGES IN THE MAJOR REQUIREMENTS EFFECTIVE FALL 2013:
Required Accounting Courses: 15 hours
- ACC 511 Research and Analysis in Accounting: 3 hours
ACC 523 Advanced Financial Accounting: 3 hours
ACC 544 Advanced Corporation and Partnership Taxation: 3 hrours
ACC 563 Commercial Law: 3 hours
ACC 583 Accountancy Capstone: 3 hours
ACC Graduate Accountancy Electives: 9-12 hours
Business and Administrative Topics: 3-6 hours
Graduation Requirements/Master’s Closure
Students must satisfy all UIS requirements and complete ACC 583 Accountancy Capstone. University policy requires students who do not complete ACC 583 in one semester to enroll in ACC 584 Accountancy Capstone Continuing Enrollment (zero credit hours, one billable hour) each fall and spring semester until the capstone course requirements are met.