The following guidelines are for students admitted to the program for the Summer 2007 term or subsequent terms.

For students admitted prior to the Summer 2007 term, you can view your concentration guidelines here.

The Professional Concentration will change beginning in the Fall 2007 semester. The Advanced and Tax Concentrations have remained the same. The Master of Accounting degree offers three concentrations. All concentrations are a 33 credit hour program of study:

• The Advanced Concentration is designed for individuals who have already earned a B.B.A. with a concentration in accounting. The Advanced Concentration consists of a minimum of 15 hours of graduate accounting courses and a maximum of 24 hours of graduate accounting coursework of which no more than 6 hours may be in taxation, plus a minimum of 9 hours of non-accounting electives at the graduate level.
• The Professional Concentration is designed for individuals who have a non-accounting undergraduate degree and wish to enter public accounting as a certified professional. The Professional Concentration requires two prerequisites: 1) an introductory financial accounting course, and 2) an introductory managerial accounting course prior to admission in the program. (If you do not take the prerequisites at the Anderson School of Management, then please visit with the graduate programs advisor for pre-approval of the prerequisite coursework prior to taking a course.) The program requires 27 credit hours of specified graduate accounting coursework, plus 6 credit hours of specified graduate non-accounting coursework.
• The Tax Concentration is designed for individuals who have already earned a B.B.A. with a concentration in accounting wishing to pursue advanced studies in taxation. The Tax Concentration consists of a minimum of 15 hours of graduate level taxation classes and up to an additional 9 hours of graduate level accounting and/or taxation classes, plus a minimum of 9 hours of graduate level non-accounting electives.

The Advanced Concentration is designed for individuals who have already earned a B.B.A. with a concentration in accounting. The Advanced Concentration consists of a minimum of 15 hours of graduate accounting courses and a maximum of 24 hours of graduate accounting coursework of which no more than 6 hours may be in taxation, plus a minimum of 9 hours of non-accounting electives at the graduate level.

Coursework:
Students may select from the following classes provided they have not taken the undergraduate equivalent.

• MGMT 544 – Assurance Services
• MGMT 546 – Financial Accounting III
• MGMT 548 - Seminar in International Accounting
• MGMT 549 – Accounting Information & Control Systems
• MGMT 550 - Professional Accounting
• MGMT 559 - Law for Accountants
• MGMT 594 - Special Topics
• MGMT 640 - Accounting for Not-for-Profit Organizations
• MGMT 641 - Forensic Accounting

Taxation Classes: (Maximum 6 hours)

• MGMT 542 - Seminar in Individual Tax Planning
• MGMT 543 - Seminar in Business Tax Planning
• MGMT 547 – Tax Research Procedures and Compliance
• MGMT 590 – Corporate Taxation
• MGMT 591 – Estate & Gift Taxation
• MGMT 592 – Partnership and LLC Taxation
• MGMT 593 – Real Estate Taxation

Program Admission Requirements:
Admission to the concentration will require an undergraduate accounting degree or concentration.

The GMAT is waived for students who have an undergraduate major in accounting from an AACSB-accredited school with a minimum of a 3.25 GPA in both upper-division classes and accounting classes.

The Professional Concentration has changed beginning in the Fall 2007 semester.

The Master of Accounting, Professional Concentration is 33 hours of graduate-level coursework. 27 Credit Hours of specified graduate accounting coursework plus 6 Credit Hours of specified non-accounting coursework:

27 Credit Hours of specified graduate accounting coursework:

• MGMT 540 - Financial Accounting I
• MGMT 541 - Financial Accounting II
• MGMT 542 – Seminar in Individual Tax Planning
• MGMT 543 – Seminar in Business Tax Planning
• MGMT 544 – Assurance Services
• MGMT 546 – Financial Accounting III
• MGMT 549 – Accounting Information & Control Systems
• MGMT 550 – Professional Accounting
• MGMT 640 – Accounting for Not-for-Profit Organizations

6 Credit Hours of specified non-accounting coursework:

• MGMT 559 – Law for Accountants
• MGMT 526 - Financial Management (2 prerequisites required)

For scheduling convenience, the program primarily offers courses once a week at 5:30pm. You can download a copy of scheduled courses here.

Program Admission Requirements:
Admission to the concentration will require completion of the following graduate prerequisite courses unless transferred in from an accredited institution approved by the program director or graduate programs advisor.

• MGMT 502 – Accounting Management Information Systems (Introductory financial accounting)
• MGMT 503 – Managerial/Cost Accounting (Introductory managerial accounting)

If you are not taking prerequisite coursework at the Anderson School, please visit with the graduate programs advisor before taking any prerequisite coursework to make sure it fulfills the prerequisite requirements.

If you have previously taken coursework you think will satisfy the prerequisite requirements, please include this information in your application, and the transcripts submitted during the application process will confirm that you have taken the coursework.

The 3 hours of introductory financial accounting and the 3 hours of introductory managerial accounting will not be included in the 33 hours of coursework required to complete the MACC degree. For this reason, students may take the prerequisites at the undergraduate course level. If students elect to take undergraduate courses to fulfill the prerequisites, students are advised that those hours cannot be used toward any graduate degree.

If you have scheduling conflicts, please visit with Ms. Mary Berger the graduate programs advisor to discuss alternative coursework that may satisfy these prerequisites. It is strongly recommended before taking any coursework other than MGMT 502 and MGMT 503 that you visit with the graduate programs advisor to ensure that the coursework meets the prerequisite requirements.

The Master of Accounting degree program requires 33 hours of study. The tax concentration consists of a minimum of 15 hours of graduate level taxation classes and up to an additional 9 hours of graduate level accounting and/or taxation classes, plus a minimum of 9 hours of graduate level non-accounting electives. This program is intended for students with an undergraduate degree in accounting wishing to pursue advanced studies in taxation.

Coursework:
Students may select from the following graduate level taxation classes providing they have not taken the undergraduate equivalent.

• MGMT 542 – Seminar in Individual Tax Planning
• MGMT 543 – Seminar in Business Tax Planning
• MGMT 547 – Tax Research Procedures and Compliance
• MGMT 590 – Corporate Taxation
• MGMT 591 – Estate & Gift Taxation
• MGMT 592 – Partnership and LLC Taxation
• MGMT 593 – Real Estate Taxation

Additional classes not to exceed 9 hours may be selected from the following graduate level accounting classes providing they have not taken the undergraduate equivalent:

• MGMT 544 – Assurance Services
• MGMT 546 – Financial Accounting III
• MGMT 548 - Seminar in International Accounting
• MGMT 549 – Accounting Information & Control Systems
• MGMT 550 - Professional Accounting
• MGMT 559 - Law for Accountants
• MGMT 594 - Special Topics
• MGMT 640 - Accounting for Not-for-Profit Organizations
• MGMT 641 - Forensic Accounting

Program Admission Requirements:
Admission to the concentration will require an undergraduate accounting degree or concentration.

Admission to the concentration will require an undergraduate accounting degree or concentration. The GMAT is waived for students who have an undergraduate major in accounting from an AACSB-accredited school with a minimum of a 3.25 GPA in both upper-division classes and accounting classes.