Accounting (MAcc in Accounting)

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, and nonprofits.

Academic Calendar

To view specific dates for the Academic Calendar, please refer to the Residential MAcc Blackboard 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 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 prerequisite courses.

Format

Full-time, two semesters; additional summer classes may be required for students who have not completed the pre-requisite courses. Fall and Spring admission available. Spring admission is limited.

Admissions Requirements

The MAcc program is designed for individuals who want to work in the field of accounting or other professional careers where advanced accounting and analytical skills are crucial. Please visit our website for more information on specific admissions requirements:  https://mason.wm.edu/graduate/macc/residential/admissions/

Prerequisites

Prior to enrollment into the MAcc program, coursework is required in: Principles of Accounting, Auditing, Cost Accounting, Statistics, 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 prerequisite course offerings in an accelerated format. Prerequisite coursework 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://mason.wm.edu/graduate/macc/residential/admissions/

Tuition

Please visit the William & Mary Student Accounts website for information about residential MAcc tuition and fees.

The Raymond A. Mason School of Business offers a one-year, full-time program leading to the degree of Master of Accounting (MAcc). In order to earn the MAcc degree, students must satisfactorily complete thirty (30) credit hours of approved graduate coursework comprised of core/required courses and electives.

This program is designed for students to complete all or most of their core coursework in the Fall semester. Students starting the program without the requisite prior coursework in financial reporting will need to take one core course in the Spring semester. In the Spring semester, all students have the flexibility to choose from a set of electives.

Note: The process of having coursework approved for the W&M MAcc degree is separate from satisfying the educational requirements set by Virginia and other states for CPA licensure eligibility. Students need to contact their respective State Board of Accountancy for specific requirements to sit for the CPA exam.

Core Courses (17 credits)
Complex Transactions
Bus Skills for Prof Accountant
Corp Fin & Fin Instruments
Adv Auditing & Audit Research
Accounting Analytics
Adv Federal Taxation
In addition, all students are required to select two courses from the following:
MAcc Sprint
DC Financial Markets Trek
Bus. Research Seminar: MAcc
Elective Courses (9-13 credits): 1
Other MBA or Law School courses may be taken and counted toward the MAcc degree elective requirements with the approval of the Chair of the Accounting Department. Such electives vary year-to-year based on availability and may be restricted based on demonstrated prerequisite coursework.
Business Law
Nonprofit & Govt Fin St
Integrated Winter Field Exp
Driving Org Performance
Taxation & Business Strategy
Estate & Financial Planning
Financial Statement Analysis
Forensic Accounting
Total Fall Semester Credits: 15-18
Total Spring Semester Credits: 12-15
1

Other MBA or Law School electives may be taken and counted toward the MAcc degree requirements with the approval of the Chair of the Accounting Department.  Such electives vary year-to-year based on availability, and may be restricted based on demonstrated prerequisite coursework.

Total Required Credits: 30

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://mason.wm.edu/graduate/macc/residential/admissions/

Prerequisites

Prior to enrollment into the MAcc program, coursework is required in: Principles of Accounting, Intermediate Accounting I and II, Auditing, Cost Accounting, Statistics, and Introduction to (US) Federal Taxation. Applicants must receive a grade of C or higher in all prerequisites. These prerequisites, with the exception of statistics, may be completed during our summer prerequisite course offerings in an accelerated format. Prerequisite coursework 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://mason.wm.edu/graduate/macc/residential/admissions/

Tuition

Please visit the William & Mary Student Accounts website for information about tuition and fees.

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 five prerequisite courses for admission. Principles of Accounting, Statistics, and Cost Accounting are fulfilled by courses taken by all MBA students during the first-year curriculum. The remaining prerequisites –Auditing and Introduction to US Federal Taxation - may be taken in 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.