Master of Accountancy
The master of accountancy degree program is a fifth-year professional program. The objective of the program is to provide students with a greater breadth and depth of understanding of accounting and business than is possible in an undergraduate program. The program prepares students for careers as professional accountants in financial institutions, government, industry, nonprofit organizations, and public practice. Graduates are prepared to research various databases related to troublesome accounting problems, and to exercise judgment in making accounting-related decisions by drawing on their integrated, comprehensive body of accounting knowledge.
The master of accountancy (M.Acc.) program is designed for students whose primary career interests are in accounting and auditing. The master's degree requires 30 semester hours of courses beyond undergraduate degree requirements. Undergraduate accounting prerequisite requirements or their equivalents must be completed before final admission to the master's programs.
What is a CPA worth?
Enrollment in the M.Acc. program is competitive, with a faculty review process determining admission. The M.Acc. and the M.T.A. are separate master's programs. The Graduate School application must indicate to which program the student is applying. Admission to one of the programs does not guarantee admission to the other program. The minimum admission requirements are:
Courses of full graduate-level credit earned in an accredited institution where a student was enrolled in the graduate school may be submitted for review for inclusion in a degree program. Evaluation of credit for transfer will not be made until the student has enrolled in the Graduate School of The University of Alabama. Acceptance of credit requires the approval of the program coordinator and the dean of the Graduate School. Credit will not be accepted for transfer from any institution at which the student failed to achieve a "B" average on all graduate work attempted.
Information about the graduate school and an electronic application are available at: www.graduate.ua.edu. Or you may request an application from:
Checksheet
* Students cannot receive graduate credit for a course if they have taken an equivalent course at the undergraduate level. Another accounting course should be substituted with the approval of the coordinator of the M.Acc. program. Students who have not taken AC 456 and AC 471 or their equivalents, must take AC 456 or AC 556 and AC 471 or AC 571.
Master of Accountancy FAQ
The master of accountancy (M.Acc.) program is designed for students whose primary career interests are in accounting and auditing. The master's degree requires 30 semester hours of courses beyond undergraduate degree requirements. Undergraduate accounting prerequisite requirements or their equivalents must be completed before final admission to the master's programs.
What is a CPA worth?
Admissions
Enrollment in the M.Acc. program is competitive, with a faculty review process determining admission. The M.Acc. and the M.T.A. are separate master's programs. The Graduate School application must indicate to which program the student is applying. Admission to one of the programs does not guarantee admission to the other program. The minimum admission requirements are:
- Admission to the Graduate School of The University of Alabama.
- An acceptable score on the Graduate Management Admissions Test (GMAT). The Graduate School requires a score of 500 for unconditional admission.
- The completion of an undergraduate degree in accounting, or the equivalent, at a four-year accredited institution.
Transfer of Credit for Graduate Programs
Courses of full graduate-level credit earned in an accredited institution where a student was enrolled in the graduate school may be submitted for review for inclusion in a degree program. Evaluation of credit for transfer will not be made until the student has enrolled in the Graduate School of The University of Alabama. Acceptance of credit requires the approval of the program coordinator and the dean of the Graduate School. Credit will not be accepted for transfer from any institution at which the student failed to achieve a "B" average on all graduate work attempted.
Graduate Application
Information about the graduate school and an electronic application are available at: www.graduate.ua.edu. Or you may request an application from:
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The University of Alabama
Manderson Graduate School of Business
College of Commerce & Business Administration
Box 870223
Tuscaloosa, AL 35487-0223
(800) 365-8583
Requirements
Checksheet
Undergraduate Accounting Prerequisite Requirements
- AC 310 and AC 311 Financial Reporting and Analysis of Business Activities
- AC 361 Cost Analysis for Planning and Control
- AC 371 Introduction to Taxation
- AC 389 Accounting Information Systems Development, Operation, and Control
- AC 432 Introduction to Corporate Governance, Risk Assessment, and Assurance Services
Degree Requirements
Students must take a minimum of 30 hours of graduate courses, including a minimum of 21 hours of accounting courses. Electives must be approved by the coordinator of the M.Acc. program.
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Required Accounting Courses* (21 hours)
- AC 512 Advanced Financial Reporting and Analysis
- AC 523 Business Valuation and Performance Measurement
- AC 532 Advanced Governance, Risk Assessment, and Assurance
- AC 534 Fraud Risk Management
- AC 554 Professional Certification
- AC 561 Accounting for Business Management
- AC 589 Systems Analysis and Control
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Other Required Course* (3 hours)
- LGS 504 Legal Issues in Accounting
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Electives
(up to 6 hours as approved by advisor, may be chosen from 500-level courses)
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* Students cannot receive graduate credit for a course if they have taken an equivalent course at the undergraduate level. Another accounting course should be substituted with the approval of the coordinator of the M.Acc. program. Students who have not taken AC 456 and AC 471 or their equivalents, must take AC 456 or AC 556 and AC 471 or AC 571.
Master of Accountancy FAQ