GMAcc: Graduate Master of Accountancy

The Graduate Master of Accountancy (GMAcc) degree is a two-year graduate degree designed to prepare students with limited or no accounting background for licensure as a certified public accountant. The program is not appropriate for students with an undergraduate degree in accounting (from a U.S. or international school). The degree helps students develop strong technical and professional accounting skills that qualify them to sit for the CPA exam.

Careers as professional accountants in public accounting, financial institutions, government, industry, or nonprofit organizations are possible upon graduation.

About the GMAcc: Taxation

The Master of Accountancy degree allows for a major in taxation and is designed for students preparing for a career in tax. Only students admitted to the IMAcc or GMAcc program are eligible for this major. The taxation program stresses in-depth study of tax law in a variety of areas, including business tax, individual and estate tax planning, multijurisdictional tax issues, and tax administration. The courses for the GMAcc:Taxation degree are closely integrated with law school tax offerings and in many cases, are cross-listed with the law school. In addition, the GMAcc-Taxation degree requires additional courses in auditing, financial reporting theory, or consulting.

The admissions process begins during December each year for the following fall semester’s admission. The next class to apply for admission is the class to start in fall 2013. To apply for the GMAcc class to start in fall 2013, you will have access to complete an online application through our Online Application.

You have from December 1, 2012 through January 6, 2013 to complete and submit your online application. (Only applications started and submitted during this window will be considered.) Do not start or submit applications before this time. All materials that need to be submitted along with the online application (any paper recommendations, paper transcripts, etc.) must be received by our offices no later than January 27, 2013. No paper materials will be accepted after this date.

Recommendations: All applicants are required to have two recommendations completed via the “Apply Yourself” online application system. These recommendations must be completed no later than January 6, 2013 for your consideration for the fall 2013 class.

International Applicants: TOEFL score minimum is 100. International financial statements are not required unless you are admitted to the program.

All Applicants: It is not necessary to send official transcripts if you were able to scan and upload your transcripts to the “Apply Yourself” system. If you are later admitted to the program, you will be asked to send the official transcripts.

Financial Aid

Financial aid is available from the following sources:

• Paid internship (during the summer between the first and second year of the GMAcc program)
• Teaching assistant (TA) appointments or project assistant (PA) appointments in the second year of the GMAcc program (competitive; approximately 50% of all MAcc students received a TA or PA position in the last appointment period—i.e., for the 2012-2013 academic year)
• Scholarships (several GMAcc students that started in fall 2011 received scholarships in the second year of the GMAcc program totaling $19,000, in the range of $1,000–$5,000)

There will be no financial aid available to GMAcc students in the first year of the program. The paid internships yield a salary of approximately $6,000–$8,000. The competitive teaching assistantship and project assistantship appointments waive a semester of tuition (students teach for only one semester) and also pay a stipend of several thousand dollars.

Tuition Information

The current tuition and fees per semester (for the 2012–2013 academic year) for a business master's degree are as follows:

• $7,631.00 residents
• $14,594.00 non-residents