Campuses:
This is archival data. This system was retired as of August 21, 2023 and the information on this page has not been updated since then. For current information, visit catalogs.umn.edu.
Twin Cities Campus
Accountancy M.AccAccounting
Curtis L. Carlson School of Management
Link to a list of faculty for this program.
Contact Information
MBA & MS Programs Office
321 19th Avenue S, Suite 1-110
Minneapolis, MN 55455
612-625-5555
Email:
macct@umn.edu
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
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 2051 Financial Accounting, ACCT 3001 Management Accounting, ACCT 5101 Intermediate Accounting I, FINA 3001 Finance Fundamentals (or be required to take MBA 6231 Financial Management in the MAcc program). 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:
Applicants must submit all application materials through the University's online application system. Application materials include:
- Online Application Form
- Personal Statement
- Unofficial Transcripts
- Resume
- Three letters of recommendation from persons qualified to evaluate most recent work and potential for graduate study
- International students and domestic applicants whose first language is not English must provide proof of English language proficiency by submitting results from one of the following English language tests: TOEFL, IELTS. TOEFL scores must be received directly from TOEFL. IELTS scores must be received directly from the testing center.
- Video Essay
For additional application details, review https://carlsonschool.umn.edu/degrees/master-accountancy/admissions/admission-requirements.
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 5201 Intermediate 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 (17 Credits)
Students pursuing the 44-credit track must also complete the following courses for 17 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 5201 - Intermediate Management Accounting
(2.0 cr)
MBA 6231 - Financial Management
(3.0 cr)
Elective Courses (16 credits)
MAcc students must complete at least 13 - 16 elective credits to reach their total credits required (30 or 44), selected in consultation with the advisor, from the following list. In some cases, graduate-level courses from outside this list 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 5420 - MAcc directed study
(1.0-4.0 cr)
ACCT 6603 - Advanced Auditing
(2.0 cr)
BLAW 6158 - The study of laws affecting private business and publicly-traded companies.
(2.0 cr)
FINA 6111 - Financing over a Firm?s Lifecycle
(1.0 cr)
FINA 6112 - Private Equity
(1.0 cr)
FINA 6113 - Public Equity
(1.0 cr)
FINA 6121 - Debt Markets, Interest Rates, and Hedging
(2.0 cr)
FINA 6123 - Financial Services Industry
(2.0 cr)
FINA 6125 - Cryptocurrency, Blockchain, and Their Business Applications
(2.0 cr)
FINA 6211 - Cash Flows and Project Selection
(1.0 cr)
FINA 6212 - Working Capital Management
(1.0 cr)
FINA 6213 - Financial Capital Structure
(1.0 cr)
FINA 6214 - Business Valuation
(1.0 cr)
FINA 6215 - The CFO Mindset: Finance, Strategy and Operations
(1.0 cr)
FINA 6222 - Mergers and Acquisitions
(2.0 cr)
FINA 6322 - Financial Modeling
(2.0 cr)
FINA 6323 - Advanced Financial Modeling
(2.0 cr)
FINA 6325 - Behavioral Finance
(2.0 cr)
FINA 6511 - Options for Corporate Finance
(1.0 cr)
FINA 6611 - Finance for Multinationals
(1.0 cr)
FINA 6623 - Economic Booms and Busts
(2.0 cr)
FINA 6624 - Growth in the Global Economy
(2.0 cr)
IDSC 6423 - Enterprise Systems
(2.0 cr)
IDSC 6444 - Business Analytics for Managers I
(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 6084 - Management of Teams
(2.0 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 6345 - Powerful Problem Solving
(2.0 cr)
MGMT 6411 - Corporate Responsibility
(2.0 cr)
SCO 6041 - Project Management
(2.0 cr)
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Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | Acct 5180/Acct 6160 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring & Summer |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 4.0] |
Course Equivalencies: | Acct 6601/Acct 8001 |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 4.0] |
Course Equivalencies: | Acct 6602/Acct 8002 |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 4.0] |
Grading Basis: | A-F only |
Typically offered: | Periodic Fall & Spring |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 1.0 -4.0 [max 4.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 2.0 [max 4.0] |
Course Equivalencies: | Acct 6603/Acct 8006 |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 4.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring & Summer |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 1.0 [max 1.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Spring Odd Year |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | HRIR 6484/Mgmt 6084 |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |