2022 - 2023 Graduate Catalog [ARCHIVED CATALOG]
Master of Accounting
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Program Description
The two-semester Master of Accounting (MAcc) program prepares students of varied backgrounds for careers in public accounting professional/financial services, corporate accounting, not for profits, and university teaching and research. Students have the option of graduating with a general degree or to include an emphasis in one of the following areas: Accounting Analytics, Audit & Assurance, Experiential, Taxation, or Valuation & Advisory Services. Students interested in pursuing a Ph.D. have the option to take part in the Ph.D. Preparation Program.
Academic Calendar
To view specific dates for the current Academic Calendar, please refer to the program website for current calendar dates.
Fact Sheet
The MAcc program is designed for high-caliber students committed to achieving individual success by contributing their knowledge, integrity and skills to the business world. Problem-solving ability and intellectual acuity are fostered via teamwork with student colleagues as well as via extensive interaction with faculty and leading experts in the accounting field today.
Website: https://graduate.mason.wm.edu/macc
Length of program
Nine months with additional summer study sometimes required for students who have not completed the pre-requisite courses.
Format
Full-time, two semesters; additional summer classes may be required for non-accounting undergraduate majors who have not completed the pre-requisite courses. Fall and Spring admission available. Spring admission is limited.
MAcc Emphases
Enhance your career options by taking a deeper dive into a particular area of accounting by choosing an emphasis: Accounting Analytics, Audit & Assurance, Experiential, Taxation, or Valuation & Advisory Services. Students who choose to participate in the Integrated Winter Field Experience cannot choose another emphasis even if they meet the requirements for another emphasis. Any course with the prefix of BUAD 6951 are topics courses and change every semester.
Accounting Analytics Emphasis - Students who pursue this emphasis take 9 credits of the following:
Required courses (6 credits):
Additional credits (3 credits):
Audit & Assurance Emphasis - Students who pursue this emphasis take 9 credits of advanced auditing courses.
Required course (3 credits):
Additional courses (6 credits):
Experiential Emphasis - Students who pursue this emphasis must take 10 credits from qualifying courses, and secure an internship during the first half of spring semester. BUAD 6129 is taken simultaneously with the winter internship.
Required course (4 credits):
Additional courses (6 credit):
Taxation Emphasis - Students who pursue this emphasis take 9 credits of advanced taxation courses.
Required course (3 credits):
Additional courses (6 credits):
Other Law School tax electives may be taken and counted toward the Taxation Emphasis with the approval of the Chair of the Accounting Department
Valuation & Advisory Services Emphasis - Students who pursue this emphasis must take 9 credits from qualifying courses.
Required course (3 credits):
Additional courses (6 credits):
Other electives may be taken and counted toward the Valuation & Advisory Services Emphasis with the approval of the Chair of the Accounting Department.
Ph.D. Preparation Program
Students interested in pursuing a Ph.D. have the option to take part in the Ph.D. Preparation Program. Students in this program take the following 1 credit courses (for a total of 4 credits).
After completing these courses, students consult with accounting faculty to design a program of study that will prepare them for future Ph.D. studies.
Admissions Requirements
The MAcc program is designed for individuals who want to work in the field of accounting. Please visit our website for more information on specific admissions requirements https://graduate.mason.wm.edu/macc/admissions/
Prerequisites
Prior to enrollment into the MAcc program, coursework is required in: Principles of Accounting, Intermediate Accounting I and II, Auditing, Cost Accounting, and Introduction to (US) Federal Taxation. Applicants must receive a grade of C or higher in all prerequisites. These prerequisites may be completed during our summer boot camp. Boot camp courses carry extra fees and students will be billed for the applicable credit hours at the summer tuition rate. For more information on how to fulfill the MAcc prerequisites visit: https://graduate.mason.wm.edu/macc/admissions/
Tuition
Full-time Graduate Business Tuition rates for the 2022-2023 academic year are available on this site. The Full-time MAcc program offers limited financial assistance through scholarships. MAcc students may also be eligible for student loans. The cost of room, board, a laptop, books, and supplies will vary depending on individual needs. For information about financial aid, scholarships, or Graduate Assistantships, please contact the Office of Student Financial Aid at 757-221-2420 or W&M Student Financial Aid Office.
The MBA-MAcc Combined Degree Program
MBA/MAcc candidates must meet the admission requirements for each program. Programs will share test score reports, recommendations and transcripts but applicants must file a separate application for In-State tuition privileges for each program.
The combined degree program requires 45 credit hours of coursework in the MBA program and 30 credit hours of coursework in the MAcc program. The MAcc and MBA degrees will both be awarded at the conclusion of both degrees. Students will participate in graduation at the end of the second year.
The MAcc program requires eight prerequisite courses for admission. Principles of Accounting, Statistics, Financial Management, and Cost Accounting are fulfilled by courses taken by all MBA students during the first-year curriculum. The remaining prerequisites – Intermediate Accounting I and II, Auditing and Introduction to US Federal Taxation - may be taken as summer “boot camp” intensive classes during either the summer preceding matriculation into the MBA program or the summer preceding matriculation into the MAcc program. These courses carry extra fees and students will be billed for the applicable credit hours at the summer tuition rate.
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