The Master of Accounting (MACCT) degree, a STEM-designated program, prepares college graduates for successful careers in a variety of industries including public accounting, finance, and major corporations. Through a comprehensive, industry-endorsed 30 credit hour curriculum, students develop technical and analytical skills to acquire the professional expertise for a professional accounting career.
Freeman also offers a joint Bachelor of Science in Management/Master of Accounting (BSM/MACCT) program. This course of study is designed to give students the knowledge, skills and preparation to immediately enter the accounting profession following graduation. Most joint students complete an internship for degree credit during the program. Typically completed in five years, students graduate with two degrees and the confidence and expertise to become an accounting professional. In addition, students may meet the eligibility requirements for the CPA exam in the jurisdictions of their choice.
Curriculum
Prerequisites
To be admitted to the MACCT program, a student must have an appropriate undergraduate background in accounting or business and have satisfactorily completed the following prerequisite courses:
Financial Accounting Principles [ACCN 2010 Financial Accounting (3 c.h.) or equivalent] - Concepts, techniques, and conventions for measuring and communicating the results of operations and the financial position of a business enterprise are introduced. Emphasis is placed on the development and use of publicly-reported financial information.
Managerial/Cost Accounting Principles [ACCN 3010 Managerial Accounting (3 c.h.) or equivalent] - The role of accounting information in management decision-making for profit-seeking organizations is emphasized. The importance of information to decision-relevance is developed through study of traditional cost accounting, managerial economics, operations research, and the behavioral sciences.
Intermediate Accounting I and II [ACCN 3100 Intermediate Accounting I (3 c.h.) and ACCN 4110 Intermediate Accounting II (3 c.h.) or equivalent] - These conceptually-oriented courses introduce intensive examination of financial reporting issues, financial statement categories, and the institutional environment of financial accounting. Students may complete the prerequisite courses in their undergraduate programs or prior to MACCT matriculation at a school accredited by The Association to Advance Collegiate Schools of Business (AACSB).
Degree Requirements
Students entering the MACCT program must complete the following 18 credit hours of required courses, plus a non-credit career development and management course. If a required course was completed at the undergraduate level, students must substitute an approved elective to meet the 30 credit hour requirement.
MCOM 6000 Corporate Communications (2 c.h.) is required for students who have not completed a similar course taught in English.
Note:Students are not required to meet the educational requirements to sit for the Certified Public Accountant (CPA) exam in any state or territory. However, they may elect to become eligible if they wish. In this case, they would work closely with their MACCT faculty adviser to develop an appropriate program plan. The final determination of whether a CPA exam applicant meets the educational qualifications necessary to sit for the exam in any given U.S. state or territory resides solely with the Board of Accountancy in that state or territory. All State Boards of Accountancy require evaluation and approval of a candidate’s academic credentials prior to sitting for the exam. See the National Association of State Boards of Accountancy (NASBA) website athttps://nasba.org/for more details including links to the state/territory jurisdictions as well as services that provide academic evaluations of coursework and credentials. Students who do not have an undergraduate business degree may need to take additional courses to qualify to sit for the CPA exam.
Concentrations
While all MACCT students earn a graduate degree in accounting, it is possible for students to pursue a variety of concentrations. While not required, completing a concentration provides valuable expertise that can help graduates stand out in the job market. Requirements for all concentrations within the MACCT program appear below. Students may not count the same course for multiple concentrations. However, if a course is required for two concentrations, students may substitute the required course with another approved course for the second concentration. No more than two concentrations may appear on the final transcript. Please note that concentration availability may vary by semester.
Other Law School course if approved by adviser and instructor
Total Credit Hours
12
1
1-3 credit hours
2
2 credit hours
Program String and Field of Study: BSMAC_GR, ACCN Concentration Codes: MSAL- Analytics, MSFS- Structured Finance, MRMS- Risk Management, MTXS-TaxationDelete Comment