Twin Cities campus

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Twin Cities Campus

Accountancy M.Acc

Accounting
Curtis L. Carlson School of Management
Link to a list of faculty for this program.
Contact Information
Master Programs in Accounting, 3-110 Carlson School of Management, 321 19th Avenue S, Minneapolis, MN 55455 (612-624-7511; fax: 612-626-7795)
Email: macct@umn.edu
Website: http://www.carlsonschool.umn.edu/degrees/master-accountancy
  • Program Type: Master's
  • Requirements for this program are current for Fall 2021
  • Length of program in credits: 30 to 44
  • This program does not require summer semesters for timely completion.
  • Degree: Master of Accountancy
Along with the program-specific requirements listed below, please read the General Information section of this website for requirements that apply to all major fields.
The Master of Accountancy (MAcc) program enables all students to understand technical accounting problems from an analytical approach, enhancing their critical thinking and management skills with graduate-level courses in accounting, data analytics, finance, taxation, information systems, management, and supply chain and operations. In addition, it provides non-accounting majors the opportunity to take the accounting courses required to sit for the CPA examination. The MAcc program offers two tracks, a 30-credit track for students with a degree in accounting or finance. The 44-credit track is for students with a bachelor's degree in an academic discipline other than accounting or finance. The additional required core courses include the necessary accounting courses needed to sit for the CPA exam. The curriculum has been designed and developed by Carlson School of Management faculty with extensive input and ongoing consultation with executives from the professional community. This ensures relevant, practical, and challenging courses that enhance the students' professional development. The program offers students the opportunity to delve more deeply into challenging financial reporting issues faced by organizations. Students develop complex computational analysis skills and analytical processes to better understand modern financial reporting issues. The 30-credit track can be completed in one year if going full-time. The 44-credit track can be completed in 1.5 years if going full-time. Students may also choose to go part-time. Many of the courses are offered in the evenings (Monday-Thursday, 5:45 – 9:05 p.m.) or online.
Program Delivery
  • via classroom (the majority of instruction is face-to-face)
Prerequisites for Admission
Other requirements to be completed before admission:
All applicants must have a bachelor's degree from an accredited college or university and a cumulative undergraduate grade point average of 3.0 (on a 4.0 scale) or higher. Applicants with a bachelor's degree in accounting (or equivalent coursework) or finance are generally eligible for the 30-credit MAcc track. Students who have a bachelor's degree in an academic discipline other than accounting or finance are eligible to apply for the MAcc program and take the 44-credit track. The following courses (or equivalents) are prerequisites to the MAcc courses: ACCT 2050 Financial Accounting, ACCT 3001 Management Accounting, ACCT 5101 Intermediate Accounting I, FINA 3001 Finance Fundamentals. If necessary, some of the prerequisite courses can be taken after being admitted to the MAcc program but credits would not apply to the 44-credit requirement. Coursework will be evaluated after applying.
Special Application Requirements:
Summer/Fall application deadline: February 1 priority, followed by rolling admission until program is full. Spring application deadline: October 1 priority, followed by rolling admission until program is full. Applicants must submit all application materials through the University's admission system. Application materials include: Three letters of recommendation from persons qualified to evaluate most recent work and potential for graduate study. A GMAT score that is not more than five years old is required. The GMAT score must be sent directly from GMAT to be considered official. Admitted Carlson School of Management undergraduate students will have the GMAT requirement waived. For international students, the results from one of the following English language tests are required: TOEFL, IELTS, MELAB. TOEFL scores must be received directly from TOEFL. IELTS and MELAB scores must be received directly from the testing center. For additional application details, review the M.Acc. admissions webpages.
For an online application or for more information about graduate education admissions, see the General Information section of this website.
Program Requirements
Plan C: Plan C requires 30 to 44 major credits and up to credits outside the major. There is no final exam.
This program may not be completed with a minor.
Use of 4xxx courses towards program requirements is not permitted.
A minimum GPA of 2.80 is required for students to remain in good standing.
Students in the 30-credit MAcc track are required to have completed the following courses (or equivalent courses) in their undergraduate program or complete them in their MAcc program. If required to take any of these courses in the MAcc program, the number of elective credits is reduced by that number of credits. • ACCT 5102 Intermediate Accounting II, 4 cr • ACCT 5125W Auditing, 4 cr • ACCT 5135 Fundamentals of Federal Income Tax, 4 cr • ACCT 6604 Advanced Management Accounting, 2 cr
Required Courses (14 Credits)
All MAcc students must complete the following courses for 14 credits. If 5000 level course was taken in undergraduate program, replace with elective course.
ACCT 5161 - Financial Statement Analysis (2.0 cr)
ACCT 5181 - Consolidations and Advanced Reporting (2.0 cr)
ACCT 5236 - Introduction to Taxation of Business (2.0 cr)
ACCT 6601 - Internal Control (2.0 cr)
ACCT 6602 - Securities and Exchange Commission (SEC) and Standard Setting (2.0 cr)
ACCT 6606 - Financial Data Analytics (2.0 cr)
IDSC 6003 - Accounting and Information Systems (2.0 cr)
Additional Courses Required for the 44-Credit Track (14 Credits)
Students pursuing the 44-credit track must also complete the following courses for 14 credits:
ACCT 5102 - Intermediate Accounting II (4.0 cr)
ACCT 5125W - Auditing Principles and Procedures [WI] (4.0 cr)
ACCT 5135 - Fundamentals of Federal Income Tax (4.0 cr)
ACCT 6604 - Advanced Management Accounting (2.0 cr)
Elective Courses (16 credits)
MAcc students must complete at least 16 elective credits, selected in consultation with the advisor, from the following list. In some cases, other graduate-level courses may be taken with prior approval from the MAcc Director.
ACCT 5126 - Internal Auditing (2.0 cr)
ACCT 5311 - International Accounting (2.0 cr)
ACCT 6603 - Advanced Auditing (2.0 cr)
ACCT 6604 - Advanced Management Accounting (2.0 cr)
BLAW 6158 - The study of laws affecting private business and publicly-traded companies. (2.0 cr)
FINA 6121 - Debt Markets, Interest Rates, and Hedging (2.0 cr)
FINA 6123 - Financial Services Industry (2.0 cr)
FINA 6222 - Mergers and Acquisitions (2.0 cr)
FINA 6241 - Corporate Financial Decisions and Analysis (4.0 cr)
FINA 6242 - Advanced Corporate Finance Analysis and Decisions (4.0 cr)
FINA 6322 - Financial Modeling (2.0 cr)
FINA 6341 - World Economy (4.0 cr)
FINA 6522 - Introduction to Derivatives and Financial Risk Management (2.0 cr)
FINA 6621 - International Financial Management (2.0 cr)
IDSC 6423 - Enterprise Systems (2.0 cr)
IDSC 6444 - Business Analytics for Managers I (2.0 cr)
IDSC 6471 - Knowledge Management (2.0 cr)
MBA 6121 - Data Analysis and Statistics for Managers (3.0 cr)
MBA 6301 - Strategic Management (3.0 cr)
MBA 6315 - The Ethical Environment of Business (2.0 cr)
MBT 6201 - Tax Accounting Methods I (2.0 cr)
MBT 6202 - Tax Accounting Methods II (2.0 cr)
MBT 6221 - Tax Research, Communication, and Practice (4.0 cr)
MBT 6231 - Corporate Taxation I (2.0 cr)
MBT 6346 - ASC 740 Computations and Analysis (2.0 cr)
MBT 6347 - Tax Technology and Analytics Fundamentals (2.0 cr)
MBT 6371 - Taxation of Property Transactions (2.0 cr)
MBT 6383 - Transfer Pricing (2.0 cr)
MGMT 6004 - Negotiation Strategies (2.0 cr)
MGMT 6031 - Industry Analysis and Competitive Strategy (4.0 cr)
MGMT 6085 - Corporate Strategy (4.0 cr)
MGMT 6305 - The International Environment of Business (4.0 cr)
MGMT 6311 - Cross-Cultural Management: Developing Intercultural Compentence (2.0 cr)
MGMT 6411 - Corporate Responsibility (2.0 cr)
SCO 6041 - Project Management (2.0 cr)
 
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ACCT 5161 - Financial Statement Analysis
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Interpretation/analysis of financial statements. Introduces basic techniques of financial statement analysis and applies them in different settings (e.g., in investment/credit decisions). prereq: [5101]
ACCT 5181 - Consolidations and Advanced Reporting
Credits: 2.0 [max 2.0]
Course Equivalencies: Acct 5180/Acct 6160
Grading Basis: A-F or Aud
Typically offered: Every Spring & Summer
Theory underlying preparation of consolidated financial statements, as well as mechanical computations needed to prepare statements. prereq: 5101, 5102 recommended, or MBA 6031 (equiv. is also MBA 6030 before course number change in Fall 2022). MBA/Mgmt Sci MBA students must register A/F grade base.
ACCT 5236 - Introduction to Taxation of Business
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Introduction to the income tax laws governing the taxation of corporations, partnerships, limited liability companies, limited liability partnerships, and S corporations. Students will also increase their knowledge and skills related to tax research by writing research memorandums. prereq: 5135, acct major
ACCT 6601 - Internal Control
Credits: 2.0 [max 4.0]
Course Equivalencies: Acct 6601/Acct 8001
Grading Basis: A-F only
Typically offered: Every Fall
Internal control from management's perspective. Application of COSO Internal Control—Integrated Framework and Enterprise Risk Management—Integrated Framework. prereq: MAcc grad major
ACCT 6602 - Securities and Exchange Commission (SEC) and Standard Setting
Credits: 2.0 [max 4.0]
Course Equivalencies: Acct 6602/Acct 8002
Grading Basis: A-F only
Typically offered: Every Fall
Role/organization of Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB). Compliance with Securities Act of 1933, Securities and Exchange Act of 1934, and Sarbanes-Oxley Act of 2002. Setting/convergence of international/U.S. accounting/auditing standards.
ACCT 6606 - Financial Data Analytics
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall
The main learning objective of this course is to familiarize students with large-scale financial reporting and capital market information databases and to improve students' quantitative analytical skills in conjunction with these data. We will discuss financial reporting, consumer finance, and corporate governance topics. Students will gain hands-on data analysis experience using Tableau, Excel, and R. Students will learn how to apply scientific research methods to answer questions, present solutions, and discuss limitations. We will provide a brief overview of the concepts of probability and statistical inference. Relying on the above tools and methodology, students enhance their analytical skills and ultimately achieve deeper understanding on issues related to financial reporting, auditing, and capital markets.
IDSC 6003 - Accounting and Information Systems
Credits: 2.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Periodic Fall & Spring
IS/IT infrastructure assessment methods, technology solutions, management issues. Digital data sources. Systems design in accounting and financial reporting information systems. Internal control requirements of Sarbanes-Oxley Act of 2002. Experiential learning, hands-on use of accounting enterprise software other packages.
ACCT 5102 - Intermediate Accounting II
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Basic valuation problems encountered in financial reporting. Focuses on valuation of liabilities. Accounting for leases, pensions, and deferred taxes. Introduces consolidated financial statements. prereq: 5101[ mgmt or grad mgmt student]
ACCT 5125W - Auditing Principles and Procedures (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Concepts of auditing internal control/financial statements in accordance with generally accepted auditing/professional standards established by Public Company Oversight Board (PCAOB) and American Institute of Certified Public Accountants (AICPA). Writing Intensive course. prereq: [3101 or 5101 or 5100 or 6100], [acct major or grad mgmt student]
ACCT 5135 - Fundamentals of Federal Income Tax
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
U.S. federal system of taxation. Concepts of gross income, deductions, credits. Analysis of structure of Internal Revenue Code, its provisions with respect to specific areas of law. Interrelationships between legislative, judicial, and administrative authority. Methods, tools, and techniques to conduct tax research. prereq: [2050 and or 2051] or MBA 6030], [mgmt or grad mgmt student]
ACCT 6604 - Advanced Management Accounting
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall
Advanced Management Accounting will expose students to the application of management accounting from a strategic perspective. Students will deepen their knowledge and understanding of management accounting’s role in areas such as sustainability, environmental accounting, time-based accounting, including time-based activity-based costing, activity-based management, value chain analysis, business process re-engineering, benchmarking, target costing, product life cycle management, quantifying qualitative improvements and “big data”. Via cases and discussion of current articles, students will explore the most current and challenging issues facing management accountants.
ACCT 5126 - Internal Auditing
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Financial/operational auditing. Standards. Managing the function. prereq: 2050
ACCT 5311 - International Accounting
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
Causes/history of international differences in design of financial accounting/reporting systems, efforts to harmonize them into worldwide system. Role/impact of currency translation on financial statements. International Accounting Standards, conceptual framework. prereq: 5101; [5102 or concurrent registration is required (or allowed) in 5102] recommended
ACCT 6603 - Advanced Auditing
Credits: 2.0 [max 4.0]
Course Equivalencies: Acct 6603/Acct 8006
Grading Basis: A-F only
Typically offered: Every Fall
Auditing of derivatives, business combinations, fair value instruments, and other accounting topics. Evaluating the discipline of forensic accounting.
ACCT 6604 - Advanced Management Accounting
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall
Advanced Management Accounting will expose students to the application of management accounting from a strategic perspective. Students will deepen their knowledge and understanding of management accounting’s role in areas such as sustainability, environmental accounting, time-based accounting, including time-based activity-based costing, activity-based management, value chain analysis, business process re-engineering, benchmarking, target costing, product life cycle management, quantifying qualitative improvements and “big data”. Via cases and discussion of current articles, students will explore the most current and challenging issues facing management accountants.
BLAW 6158 - The study of laws affecting private business and publicly-traded companies.
Credits: 2.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring
This course highlights topics that are important to any business manager, with particular emphasis on areas of interest for those aspiring to high level executive/management positions with publicly-traded companies. General topics include: contracts, real estate law, the law of agency, employment law, certain discrimination laws (including Minnesota's fairly recent protections for women in the workplace), and forms of business entity. Public company subjects include: pros and cons of going public, the IPO process, federal securities laws and SEC regulations regarding public company reporting requirements, insider trading, the Sarbanes-Oxley Act of 2002 and its impact on corporate governance, trends in shareholder democracy rights and shareholder activism, and the role of boards and audit committees. Throughout the course, we will examine the impact of the Supreme Court on American business. prereq: MBA or Mgmt Sci MBA student
FINA 6121 - Debt Markets, Interest Rates, and Hedging
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This class introduces the tools and concepts needed to analyze fixed income securities. Topics include the pricing and hedging of fixed-rate Treasuries, floating rate bonds, bonds with embedded options, defaultable bonds, mortgage-backed securities and their derivatives, inflation-indexed bonds, duration analysis, and the Federal Reserve?s impact on interest rates. This course is extremely computationally intensive. Most of the assignments entail statistical modeling via regression analysis on historical data such as the term structure of interest rates, credit spreads, and other fixed income instruments. We also investigate how well future interest rates can be forecasted using forward rates and other observables. Advanced mathematical techniques such as principal component analysis and attribution analysis are investigated. Stochastic modeling of interest rate dynamics via Brownian Motion and Monte Carlo analysis is also introduced. Every class begins by discussing current headline news regarding fixed income markets, and how they relate to the concepts being taught. prereq: MBA student, MBA 6231 (previously MBA 6230)
FINA 6123 - Financial Services Industry
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring
This course gives an overview of the U.S. financial services industry, emphasizing the overall environment, key institutional details, and underlying economic functions. After introducing financial markets and institutions and their functions, we look at the biggest sectors of this industry (banking, insurance, securities dealing, money management, etc.) in more depth. We conclude with a discussion of the impact of "fintech" on this sector.
FINA 6222 - Mergers and Acquisitions
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring
How corporate managers achieve growth through mergers/acquisitions. Examine buyer/seller motivations in context of M&A transactions/strategic alliances. Private equity, especially in context of corporate M&A transaction. prereq: MBA or Mgmt Sci MBA Student; MBA 6231 (previously MBA 6230), FINA 6241 OR (FINA 6213 & FINA 6214)
FINA 6241 - Corporate Financial Decisions and Analysis
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Theoretical/applied understanding of corporate financial decisions. Adjusted present value, economic value added options. Impact of financing decisions on real asset valuation, managerial incentives, corporate strategy. prereq: MBA 6230, MBA student
FINA 6242 - Advanced Corporate Finance Analysis and Decisions
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall
Theory/practice of efficiently managing working capital, fixed assets. Emphasizes mergers/acquisitions, corporate restructuring, real options. Use of derivatives as financing tools, in deal structure. prereq: 6241, MBA student
FINA 6322 - Financial Modeling
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring & Summer
Financial modeling tools to access financial data warehouses to build, estimate, maintain, and interpret comprehensive financial models that provide the framework for understanding businesses and their historical performance, plans/strategies, and market values. Financial analytics/modeling skills, including data mining of large standard financial databases (warehouses) (e.g. Capital IQ), and a manageable introduction to Excel VBA programming. prereq: MBA 6231 (previously MBA 6230), MBA or Mgmt Sci MBA student
FINA 6341 - World Economy
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Tools to predict/understand ramifications of major economic events. Financial crises. Changes in monetary, fiscal, financial policies. Strategies for promoting long-run economic growth. Examples from U.S., Europe, Japan, developing countries. prereq: MBA 6231 (previously MBA 6230), MBA or Mgmt Sci MBA student
FINA 6522 - Introduction to Derivatives and Financial Risk Management
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Periodic Fall & Spring
This class provides an introduction to derivatives pricing models and their applications. Building on the insights from the binomial model and the Black-Scholes model, it covers dynamic replication and optimal risk management strategies. It also combines tools from derivatives pricing and the CAPM model to develop investment strategies that achieve the optimal risk and return trade-off. Students are required to use Excel, Matlab or other programming languages to build replicating portfolios and to construct optimal investment and risk management strategies. They are also required to use historical data to evaluate the effectiveness of these investment strategies. prereq: 6121, MBA or Mgmt Sci MBA student
FINA 6621 - International Financial Management
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring
Applying finance theory to multinational corporations' investment, financing, risk management, decisions. International financial system. Spot, forward, swaps, option markets for foreign exchange. Interest rate arbitrage, parity. Exchange rate risk analysis/forecast. Measuring/managing currency exposure. Long term financing with swaps. Multinational capital budgeting. Cost of capital for international projects. prereq: MBA 6231 (previously MBA 6230), MBA student
IDSC 6423 - Enterprise Systems
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Enterprise Systems are the information core of diverse organizations and play a major role in their management and performance. This course provides the context of Enterprise Systems role in organization's journey of Digital Transformation. It examines Enterprise System's structural aspects such as governance, program & change management, sourcing, development (programming), testing, operations, and regulatory compliance. Business cases provide real world examples across these subjects and focus on specifics such as labor multi-sourcing and A/B testing strategies.
IDSC 6444 - Business Analytics for Managers I
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring
Use of information technologies to organize and analyze data to help managers make decisions about their business and the way they serve customers. Focused on data mining, the course also provides an orientation to statistical modeling, programming, and the design and testing of prototype systems and evaluation models, and an introduction to basic techniques in visualization, association rules, clustering, classification, regression, and elementary natural language processing. prereq: [IDSC 6041 or IDSC 6051 or MBA 6241], MBA student
IDSC 6471 - Knowledge Management
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall
Design, evaluation, use of knowledge in organizations. Leveraging knowledge in workers, structures, processes. Assessment of knowledge needs. Evaluation of key decision processes, information demands, usage patterns, content requirements. Behavioral/cultural barriers. Use of technology for knowledge management. prereq: MBA student
MBA 6121 - Data Analysis and Statistics for Managers
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Concepts/ principles of business statistics, data analysis, and presentation of results. Topics: exploratory data analysis and graphics, basic inferential procedures including estimation and hypothesis testing, correlation, bivariate and multiple regression analysis, forecasting and predictive modeling using regression, and introduction to the design of experiments. These methods are selected for their relevance to managerial decision making and problem solving. prereq: MBA or Mgmt Sci MBA student
MBA 6301 - Strategic Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course focuses on the competitive strategy of the firm, examining how firms achieve and maintain superior profitability relative to their competitors in the long run, and the firm's role in building a more just and sustainable world. Starting from overall industry analysis, we cover how firms position themselves to succeed in various competitive contexts based on their resources and capabilities. We then analyze how firms innovate and adapt their capabilities over time, especially in the digital age. We extend our analysis to the scope choices of the firm and discuss how firms can successfully compete across multiple countries and businesses. Throughout the course, case discussions examine and simulate the process through which strategic decisions are made and carried out. Students are placed in the role of decision-makers and frequently asked to analyze the key choices they must make to define, reinforce, and successfully implement the firm's strategy. prereq: MBA or Mgmt Sci MBA student
MBA 6315 - The Ethical Environment of Business
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Understanding the ethical environment within which business and managers operate. Focus is on the ethical expectations surrounding organizational activities, firm responsibilities to shareholders and stakeholders, and providing a comprehensive framework for ethical decision-making by individuals. The goal of the class is two-fold. First, to help people in business find a voice and advance a point of view as they go forward with their career. Second, to prepare managers to successfully navigate and manage this critical component of a firm?s competitive environment. prereq: MBA student
MBT 6201 - Tax Accounting Methods I
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
This course covers the federal income tax rules for when income and expense should be recognized. The purpose of this course is to provide students the statutory and regulatory framework for analyzing and explaining the federal income tax consequences of tax accounting methods and periods issues. prereq: ACCT 5135, MBT student - NOTE: Previous course number was MBT 5200.
MBT 6202 - Tax Accounting Methods II
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
This course covers special topics within the tax accounting methods area, including changes in accounting methods, accounting periods, installment sales, and inventory concepts. The purpose of this course is to provide students statutory and regulatory framework for analyzing and explaining the federal income tax consequences of special tax accounting methods issues. prereq: MBT 5200/6201 NOTE: Previous course number was MBT 5201
MBT 6221 - Tax Research, Communication, and Practice
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Tax questions. Locating/assessing potential authority. Communicating research results. Sources of IRS policy. Processing/auditing returns. Rulings, determination letters. Closing agreements. Assessments, collections. prereq: ACCT 5135 NOTE: Previous course number was MBT 5220
MBT 6231 - Corporate Taxation I
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Federal income taxation of corporations/shareholders. Organization of a corporation. Establishment of capital structure. Determination of tax liability. Dividends, non-liquidating distributions. Stock redemptions, liquidations. prereq: ACCT 5135 NOTE: Previous course number was MBT 5230
MBT 6346 - ASC 740 Computations and Analysis
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Financial accounting/reporting standards for effects of income taxes from corporate activities. Computation of current/deferred tax expense/benefit. Temporary differences, carryforwards. Computation of deferred tax assets/liabilities, valuation allowances, business combinations. Investments in subsidiaries, equity method investments. Foreign operations, tax allocations, interim period tax calculations. NOTE: Previous course number was MBT 5346.
MBT 6347 - Tax Technology and Analytics Fundamentals
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
Tax technology is transforming the way tax departments are doing business in many amazing ways. Both public accounting firms and businesses are investing in people, process, data, and technology at a rapid pace. This course provides the student with relevant background on current technologies and associated challenges, managerial approaches, systems design, process, data challenges and risk assessment methods that are specific to the tax technology arena. Additionally, it will focus on the fundamental concepts of project management, business requirements, data analytics, implementation choices, and the necessary business cases that are being conducted in both the public and private sector. prereq: ACCT 5135 NOTE: Previous course number was MBT 5347.
MBT 6371 - Taxation of Property Transactions
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Determining realized gain or loss and recognized gain or loss, and tax treatment of that gain or loss on property dispositions. Consequences of property transactions including depreciation, depletion, basis, and capital gains problems. prereq: Acct 5135 NOTE: Previous course number was MBT 5370.
MBT 6383 - Transfer Pricing
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Spring Odd Year
This course provides an introduction to transfer pricing issues facing multinational businesses. The discussion will focus on the application of the arm?s length standard as described in US Treasury Regulations 1.482, and application of transfer pricing legislation and regulations in other countries, largely through the transfer pricing guidelines published by the Organization for Economic Cooperation and Development (OECD). The course examines economic models, pricing policies, global intangible property, and controversy involving transfer pricing. Prereq: ACCT 5135. NOTE: Previous course number was MBT 5382.
MGMT 6004 - Negotiation Strategies
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
At its core, negotiation is the art and science of getting what you want in a world of innumerable interests, possibilities, and standards of fairness---a world in which we must often compete or cooperate with others to do anything from picking a restaurant to transforming markets. The objective of this course is to equip students with a simple, ready-to-use framework from which we can prepare for and engage in negotiations. Topics include interest-based bargaining, psychological biases, multiparty negotiations, and hard tactics. Regular cases and exercises reinforce our negotiation framework and provide students a safe forum to thoughtfully reflect on their experiences and improve. prereq: MBA or Mgmt Sci MBA student
MGMT 6031 - Industry Analysis and Competitive Strategy
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring
Processes by which firms maximize long-term returns in face of competition, uncertainty, changing market/technological conditions. Resource commitments to gain sustainable advantage. Choices to leverage resources. prereq: MBA 6301 (previously MBA 6300), MBA student
MGMT 6085 - Corporate Strategy
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall
Case for/against insourcing vs outsourcing, and corporate diversification. Managing a multi-business firm. Role of acquisitions/mergers in corporate diversification. Contrasting mergers with strategic alliances. Corporate restructuring and divestitures. prereq: MBA or Mgmt Sci MBA student
MGMT 6305 - The International Environment of Business
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Introduction to international trade/finance theory and political economy. Institutional governance of international trade/monetary policy, differences in political-economic/sociocultural systems, implications for managerial decision-making. prereq: MBA or Mgmt Sci MBA student
MGMT 6311 - Cross-Cultural Management: Developing Intercultural Compentence
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring
The emphasis of this course is on people-related (i.e., psychological and behavioral) issues that arise when managing across cultures. Through the use of cases and interactive experiential activities, this course will develop your intellectual ability to critically examine, analyze, and deal with cross-cultural problems in business contexts, while also cultivating a tolerance for ambiguity that is necessary in the global workplace. The combination of materials and experiences will allow you to evaluate your cross-cultural savvy, understand and appreciate the nuances of cultural identities and the impact these have on work relationships, and create a plan to increase your intercultural competence. Prior to Spring 2023 course number was: MBA 6310.
MGMT 6411 - Corporate Responsibility
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall
Managing with appreciation for corporate responsibility. Corporate responsibility/how executives think about it. Factors that make assessing corporate responsibility complex. Need for business leaders to understand/make choices with respect to corporate responsibility issues. prereq: MBA 6301 (previously MBA 6300), CSOM grad student
SCO 6041 - Project Management
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Companies in a wide-range of industries (such as agri-business, aerospace, construction, manufacturing, and medical technology) use Project Management for New Product Development, implementing strategic initiatives, and other business objectives. In the course of your career, those in business, government, and even non-profit organizations will spend a significant amount of their professional career either participating in, or leading projects. While every project is by definition unique in scope, some concepts and tools are considered industry best practices and are internationally recognized via the certification programs of the Project Management Institute. The course will focus on scheduling and critical path analysis, time management, cost estimating, resource utilization, and risk management. Specific tools will include Earned Value Management and the quantitative techniques for estimating schedule risk. The latter will include estimating task durations and the probabilities for project completion by specific time periods. The course will conclude an introduction of Agile Methodologies and Scrum.