Kellstadt Graduate School of Business

Master of Accountancy

The Master of Accountancy Program provides the competencies, skills and abilities necessary for a career in accounting. It is offered through the School of Accountancy and Management Information Systems (M.I.S.) whose alumni form one of the largest accounting networks in Chicago. The school's full-time faculty holds virtually every relevant degree and credential; includes nationally and internationally known authors, scholars and researchers; and considers teaching its chief mission. Individuals with an MBA degree or students currently enrolled in the MBA program may have up to five of their MBA courses count toward the requirements of the Master of Accountancy degree. The exact number of courses that can be double-counted in this manner depends upon the specific coursework of each individual.

The Master of Accountancy will prepare you for a career in accounting by giving you:

  • an understanding of the major technical, conceptual and research topics in accounting through advanced study in the field of accounting and related disciplines;
  • an understanding of the ethical and legal considerations of the accounting profession and of the professional judgment and independent attitude necessary to deal objectively with these considerations; and
  • a broad education in the graduate business disciplines in order to provide the communication and management skills necessary to succeed in a highly competitive environment.

    Only students with an undergraduate degree in business with a major in accounting are eligible for admission to this program. 

Curriculum

To complete the Master of Accountancy degree, 11 courses are required.  Students must take the following six required courses: 

  • ACCOUNTING INFORMATION SYSTEMS (ACC 610)
  • ADVANCED AUDITING THEORY (ACC 620)
  • ACCOUNTING THEORY AND POLICY FORMULATION (ACC 640) - 5 QTR. HOURS
  • ADVANCED TOPICS IN ACCOUNTING THEORY (ACC 545)
  • TAX TREATMENT OF INDIVIDUALS AND PROPERTY TRANSACTIONS (ACC 548)
  • TAX TREATMENT OF CORPORATIONS AND PARTNERSHIPS (ACC 551)

Students must also complete five courses in one of the following areas of specialization:

  • TAXATION
  • MANAGERIAL ACCOUNTING 
  • FINANCIAL MANAGEMENT AND CONTROL 
  • FINANCE
  • INTERNATIONAL BUSINESSS
  • MANAGEMENT INFORMATION SYSTEMS 
  • E-BUSINESS 
  • ANOTHER FIELD AS APPROVED

    M.ACC DEGREE REQUIREMENTS

    A minimum of 45 graduate quarter hours required. The minimum course requirements for the M.Acc degree are completion of 11 classes, including the six required courses, or approved substitutes,plus five courses from an area of emphasis as approved by the program administrator.  All courses for credit toward the degree must be completed within six calendar years after the candidate's first term of enrollment in the Kellstadt. Kellstadt Graduate School of Business.  After a lapse of six years a course is expired.  An expired course is not acceptable for the purpose of satisfaction of degree requirements and is not applicable to the degree without written permission of the program director or the Kellstadt Graduate School of Business.  Course descriptions and prerequisites.