Master of Accountancy

The Master of Accountancy (MAcc) program is designed to prepare students for careers in business, internal audit, government, and public accounting. The primary goals and objectives of the program are to develop competent accounting professionals who are knowledgeable in the various areas of professional practice and who possess:

• the ability to provide, interpret, and communicate financial and operating information essential to understanding the activities of an enterprise;
• the preparation to assume increasing levels of responsibility and leadership in the organizations they join; and
• the qualifications to enter advanced programs in business and/or accounting

The Graduates of the program are well received and perform well in their job assignments, according to employers of graduates of the program. A large percentage of students become CPAs, and recently there has been an increased interest in the Certified Management Accountant (CMA), the Certified Internal Auditor (CIA), and the Certified Information Systems Auditor (CISA) examinations.

Accreditation

The Master of Accountancy program is one of only 165 accounting programs worldwide that hold Accounting Accreditation from AACSB International—the hallmark of management education.

Faculty

Accounting faculty members bring significant business and work experience to the classroom and challenge their students to apply their accounting knowledge to business problems that they will encounter outside the classroom. In addition, faculty members have published numerous books and journal articles, including textbooks on computer auditing and control, cost accounting, financial accounting, and federal taxation.

Programs of Study:

CSU's Master of Accountancy allows the student to pursue one of two programs of study:

• Financial Accounting/Auditing Program
• Taxation Program

How to Apply

Students applying to the Master of Accountancy program apply to the College of Graduate Studies. They will be required to take the GMAT exam and submit results before being considered for admission. College of Business graduate applicants are not required to submit letters of recommendation.

Applicants to the Master of Accountancy program must meet the Admission Requirements for the Graduate College, as well as the Admission Requirements for the Master of Accountancy program.

Applicants should adhere to the detailed application procedure and recommended application schedule as outlined on the Graduate College Web site.

Applicants should note that GMAT test registration forms and fees must be received by the Educational Testing Service at least three weeks before the testing day selected. The GMAT test is given continuously throughout the year. Information and applications may be obtained from the CSU Testing Center, room UC 253b, (216) 687-2272. Alternatively, you may contact GMAT at 1-800-717-GMAT or visit their web site at http://www.mba.com/mba/TaketheGMAT.

Financial Assistance

The College of Business Administration has a limited number of tuition grants and graduate assistantships available each year. Tuition grant awards are generally reserved for first-year graduate students and require a 9-credit-hour course load, and 10 hours of service per week to the College. Graduate assistantships are generally reserved for second-year M.B.A. students and require a 9-credit-hour course load, and 20 hours of service per week. Application forms may be obtained in the Graduate Business Programs Office.

Admission Requirements

Applicants to the Master of Accountancy program must meet the admission requirements for the Graduate College, as well as the following additional requirements:

1. Students with an undergraduate GPA under 3.0 will be required to take the GMAT or GRE examination and will be admitted if they meet either of the following:

A total of at least 950 points based on the formula:
(200 x the overall GPA) + the GMAT score;

or at least 1,000 points based on the formula:
(200 x the upper-division GPA) + the GMAT score


The GMAT/GRE is not required for students with a 3.0 or better undergraduate GPA. Students not required to take the GMAT/GRE are evaluated based on their transcripts, plus letters of recommendation if provided.

2. Students who take the GMAT/GRE and score below the 20th percentile on the verbal section of the test are required to take the following remedial courses in business communication: GAD 502 (16th through 19th percentile); or GAD 501 and GAD 502 (below 16th percentile) Students scoring below the 25th percentile on the quantitative section of the GMAT/GRE are required to take a two-credit business mathematics course, OSM 500.
   
   
3. The GMAT is also waived for applicants holding an advanced degree (master’s, doctoral, MD, JD, Ph.D. or other equivalent degree).


4. An official transcript from each college or university previously attended must be sent to the Office of Graduate Admissions.


5. Letters of recommendation may also be provided but are optional.


6. For students who are not required to take the GMAT or GRE, OSM 500 may be required if average grades for college mathematics courses are less than 3.0 in grade point average.



International students' English language proficiency will be assessed with the University-mandated TOEFL test. Minimum scores for the Internet-based TOEFL (IBT) are as follows: reading, 20; speaking, 20; listening, 21; and writing, 17.

Apply Now: http://www.csuohio.edu/gradcollege/admissions/apply.html

Degree Requirements

The Master of Accountancy is awarded on the basis of successful completion of 33 credit hours of Professional Preparation (Level III). Preparation for taking Level III courses is through completion or waiver of all Level I and Level II course requirements. Students are not normally allowed to register for Level III courses until all Level I and Level II courses have been either taken or waived.

Level I: Basic Skill Proficiency (12 credits)

Courses in Level I have been specially designed to bring skills up to acceptable levels for completing graduate-level work. These courses may be waived on the basis of prior courses, work experience, or by examination:

Course      Name               (Class hrs.-lab hrs.-total credits)
GAD 501 Business English (4-0-4)
GAD 502 Intermediate Business English (3-0-3)
OSM 500 Mathematical Models for Business (2-0-2)
OSM 503 Statistical Methods for Business Decisions (3-0-3)

Level II: Accounting and Basic Business Knowledge (32 credits)

Courses in Level II are designed to provide knowledge of the basic business disciplines to prepare students for the upper-level graduate courses. These courses are waivable on the basis of recent undergraduate business course work.

ACT 501 Financial Accounting (3-0-3)
ECN 503 Economic Concepts (3-0-3)
FIN 501 Financial Management (3-0-3)
GAD 515 Communications for Managers (3-0-3)
MLR 501 Management and Organizational Behavior (3-0-3)
MKT 501 Marketing Theory and Practice (3-0-3)
OSM 511 Operations Management (3-0-3)
ACT 600 Managerial Accounting (3-0-3)
ACT 531 Intermediate Accounting I (4-0-4)
ACT 532 Intermediate Accounting II (4-0-4)
BLW 511 Business Law and Ethics I (3-0-3)

Level III: Professional Preparation (33 credits)

Level III course work is designed to prepare the student for successful entry into the profession. Students may choose between two programs--Financial Accounting/Audit and Taxation

Financial Accounting/Audit Program Requirements

ACT 621 Federal Income Taxation**
ACT 622 Attest Function*
ACT 631 Selected Topics in Accounting*
ACT 639 Accounting Policy
ACT 553 Information Systems Auditing*
ACT 688 Accounting Systems*
ACT Elective (500 or 600 level)
ACT Elective (500 or 600 level)
ACT Elective (500 or 600 level)
ACT Elective (500 or 600 level)
Business Electives (500 or 600 level)

* With successful completion of an equivalent course, this course will be waived and another graduate ACT course will be substituted

** With successful completion of an equivalent course, this course will be waived and another graduate taxation course will be substituted

Tax Program Requirements

ACT 621 Federal Income Taxation(3)**
ACT 636 Federal Income Taxation of Corporations and Shareholders (3)
ACT 637 Taxation of Partnerships (3)
ACT 638 Tax Research and Planning (3)
Tax Elective (600 level)
Tax Elective (600 level)
Tax Elective (600 level)
ACT or Tax Elective (500 or 600 level)
ACT or Tax Elective (500 or 600 level)
ACT, Tax or Business Elective (500 or 600 level)
ACT or Business Elective (500 or 600 level)

** With successful completion of an equivalent course, this course may be waived and another graduate taxation course may be substituted