The Master of Science in Accountancy degree provides a formal integrated sequence of courses at the graduate level, which emphasize intensive study of the topics relevant to the work of a professional accountant, including the competence required for successful preparation for the CPA Examination. The program is designed for non-Accountants.

The Master of Science in Accountancy is part of our Portfolio of Masters degrees. Please click here to learn more about the Portfolio.

Careers
A Master of Science in Accountancy degree permits you to move into the following career areas: advanced accounting positions; auditing or tax in a CPA firm; government careers with the Internal Revenue Service or Securities Exchange Commission; corporate careers in internal auditing and accounting; consulting.

Objectives of the Program
The Master of Science in Accountancy program is designed to provide you with:

• A understanding of the graduate business disciplines that are an integral part of the accounting discipline;
• The ability to critically analyze information, make decisions, and solve problems;
• Business writing, oral communication, and research skills; and
• Exposure to the technical knowledge required to pass the Certified Management Accountant Examination and the Certified Public Accountant Examination.

Curriculum
The number of quarter (10 weeks with a week of exams) courses required to obtain the Master of Science in Accountancy is fifteen unless the student has not had the equivalent of two quarters of principles of accounting. In that case, the student is required to take ACC 500 which leads to a 16-course MSA.

Students are waived from any course that duplicates prior coursework. For example, a person with a Finance undergraduate major would be waived from FIN 555 and most likely ECO 501 assuming the student had taken micro and macro economics as part of their finance degree. The minimum number of courses is eleven.

Required Courses (15) include:

• ECO 501 Concepts of Micro and Macro Economics
• FIN 555 Financial Management
• GSB 420 Applied Quantitative Analysis
• MIS 555/ACC 610 Accounting Information Systems
• ACC 541 Financial Accounting Theory and Practice I
• ACC 542 Cost and Managerial Accounting I
• ACC 543 Financial Accounting Theory and Practice II
• ACC 545 Advanced Topics in Accounting Theory
• ACC 547 Audit and Regulation of Corporate Financial Reporting
• ACC 548 Tax Treatment of Individuals and Property Transactions
• ACC 550 Advanced Topics in Auditing
• ACC 551 Tax Treatment of Corporations and Partnerships
• ACC 552 Legal and Ethical Environment of Accounting Practice
• ACC 640 Accounting Theory and Policy Formation
• _______ Director approved elective

Annual Schedule

Master of Science in Accountancy		autumn	winter	spring	summer
541	Financial Accounting Theory and Practice I	X	X
542	Cost and Managerial Accounting I		X	X
543	Financial Accounting Theory and Practice II		X	X
545	Advanced Topics in Accounting Theory	X		X
547	Audit and Regulation of Corporate Financial Reporting	X	X		X
548	Tax Treatment of Individuals and Property Transactions	X	X		X
550	Advanced Topics in Auditing		X	X	X
551	Tax Treatment of Corporations and Partnerships		X	X
552	Legal and Ethical Environment of Accounting Practice	X	X
610	Accounting Information Systems	X		X
640	Accounting Theory and Policy Formulation	2009		X

Undergraduate Preparation and Prerequisites
Students entering our master's programs are expected to have ethical understanding and reasoning abilities; analytic skills; proficiency with information technology; an understanding of diversity and multiculturalism; reflective thinking skills and communication abilities. These are general education requirements based on the accreditation standards of AACSB International - the Association to Advance Collegiate Schools of Business. Many bachelors degree programs cover these topics.

Undergraduate courses in financial accounting and managerial accounting are required. If this course was not taken as an undergraduate, it will be added to the list of required courses. Students should also have an adequate background in calculus, statistics and basic computer skills.

The Master of Science in Accountancy may appeal to undergraduates who majored in business, mathematics, computer science and the natural sciences.

Admissions Requirements/Deadlines
A prospective student may apply to begin this program at the start of any quarter.

To be considered for admission, complete an application for admission; provide two letters of recommendation; resume, GMAT score report (no more than five years old); transcripts from universities attended indicating conferral of a bachelor's degree; work experience (not required); international students are required to submit a recent TOEFL score (not more than two years old).

The Kellstadt Graduate School of Business supports a self-managed application process. Prospective students are required to submit the completed application together with all supporting documentation and the $60 application fee. The GMAT score report is to be sent directly from the Educational Testing Service. The self-managed application process supports an efficient processing of applications and enables us to provide the applicant with a prompt and timely decision.

The Admissions Committee may request a phone or personal interview with an applicant to discuss the applicant's academic and professional goals.

Application Deadlines:
July 1st for the Autumn Quarter
October 1st for the Winter Quarter
February 1st for the Spring Quarter
April 1st for the Summer Quarter

International students and applicants educated outside the United States must submit their applications two months prior to the above deadlines.

Tuition / Financial Aid
Tuition for all courses in our Master's programs is currently $2600 per course. Consult with our Financial Aid office to explore financial aid options. Internships are unavailable for this program. DePaul participates in a tuition reimbursement program. For more information, contact our Financial Accounts office.

Career Placement Services
Graduates of the Master of Science in Accountancy program obtain positions with firms such as Abbott Labs, City of Chicago, British Petroleum and KPMG to name a few. Our Career Management Center will provide you with assistance in career consulting, career management seminars, networking events, and job posting.

Class Schedule/Location
The program is designed for the part-time student who works during the day. However, you can attend full-time by taking a full-load of courses in the evening. DePaul is on the quarter system (10 weeks) and most classes take place in the evening at our Loop campus in Chicago.

With an appropriate undergraduate education, it is possible to complete a specialized master's degree in three to four quarters of full-time evening study (where "full-time" is defined as four courses per academic quarter) or six to eight quarters of part-time evening study (where "part-time" is defined as two courses per academic quarter).

View our academic calendar for quarter beginning and ending dates.

Contact Us
Admissions: Christopher Kinsella, kgsb@depaul.edu 312-362-8810
Faculty Advisor: Dr. Mark Alford, ralford@depaul.edu 312-362-5633