Nov 24, 2024  
2021-2022 Graduate Catalog 
    
2021-2022 Graduate Catalog [ARCHIVED CATALOG]

Accountancy, MA (52-504) (30 hours) [Also available as an accelerated program]


The Master of Arts in Accountancy is designed to prepare students for professional careers in accountancy. The program includes a common core of study in financial reporting and analysis, taxation, and data analytics. In addition, the degree offers two Emphasis Areas of study that provide graduate level exposure to competencies included in the examinations for Certified Public Accountant (CPA) and Certified Management Accountant (CMA). The Master of Arts in Accountancy is also offered as part of an Accelerated Bachelor’s/Master’s Program.

UCM’s accountancy program is one of only 190 accountancy programs accredited by the Association to Advance Collegiate Schools of Business (AACSB). The School of Accountancy has identified the following graduate student learning outcomes:

  1. Students will be able to competently solve and evaluate complex accounting problems.
  2. Students will be able to design, execute, and interpret effective data analysis.
  3. Students will be able to communicate professionally.

M.A. in Accountancy Admission Requirements - Beyond the University and College admission requirements, applicants for the Accountancy program must meet the following additional admission requirements:

  1. A student who has earned a B.S.B.A. in Accountancy from the University of Central Missouri is automatically eligible for admission.
  2. A student who has earned a B.S.B.A. degree (any major) from an AACSB-International accredited school with a GPA of 3.50 or higher is automatically eligible for admission.
  3. If the criteria for admission in #1 or #2 above is not met, the following criteria apply:
    1. A minimum undergraduate grade point average of 2.65, and
    2. A minimum score of 400 on the Graduate Management Admission Test (GMAT), and
    3. A minimum “admission score” based on one of the following criteria: (200 x undergraduate cumulative grade point average) + GMAT score > 1000. OR (200 x grade point average on last 60 hours of undergraduate credit) + GMAT score > 1050.

Note: In lieu of a GMAT score, a predicted GMAT score, based on GRE Verbal and Quantitative scores, may be used.

Required Undergraduate Foundational Courses: 0-46 Semester Hours

  • ECON1010     Principles of Macroeconomics (3)
  • FIN2801         Business Statistics I (3)
  • FIN3850         Principles of Finance (3)
  • BLAW2720    Legal Environment oAf Business (3)
  • ACCT1101     Foundations of Financial Reporting (3)
  • ACCT2000     Accountancy Majors Practicum (1)
  • ACCT2102     Principles of Managerial Accounting (3)
  • ACCT2920     Cost and Managerial Accounting (3)
  • ACCT2901     Intermediate Financial Accounting I (3)
  • ACCT3102     Intermediate Financial Accounting II (3)
  • ACCT3103     Intermediate Financial Accounting III (3)
  • ACCT2960     Accounting Information Systems (3)
  • ACCT2930     Introduction to Income Tax (3)
  • ACCT4130     Advanced Income Tax (3)
  • ACCT4105     Auditing (3)
  • ACCT4200     Governmental Accounting (3)                                                                                                          

Choose an emphasis area: 21 Semester Hours


Elective Courses


Select 12 semester hours of electives.  Must be ACCT and selected with guidance from the School of Accountancy Graduate Coordinator.  May not include more than 3 cr. hrs. of ACCT 5135 .

Elective Courses


Select 12 semester hours of electives.  To be selected with guidance from the School of Accountancy Graduate Coordinator. Must include at least four of the following areas: ACCT (except ACCT 5135 ), BLAW, CIS, FIN, MGT, ECON, BADM, MKT, PR, RMI.

Minimum Graduate Hour Total: 30 Semester Hours


Note:


All courses in the degree must be completed with a C or better, with no more than two C’s allowed.

Accelerated Program Notes:


The Accelerated model for this program is designed for the BSBA Accountancy.

Students should apply for admittance to the Accelerated Program at the beginning of the junior year, after earning at least 60 hours of undergraduate college credit that includes the 24 semester hours of BSBA pre-admission courses, ACCT 1101, ACCT 2000, ACCT 2102 and ACCT 2901.  The application must be made prior to the student earning senior status in the BSBA in Accountancy, through School of Accountancy Graduate Coordinator.

Students must meet specific academic criteria for acceptance into the Accelerated program.  The minimum criteria for acceptance are:

  • Cumulative GPA of 3.00 (4.00 scale) or higher for the first 60 hours of undergraduate college credit.
  • GPA of 3.00 (or above) on the 24 semester hours of BSBA pre-admission courses.
  • Grade of B or higher in ACCT 1101, ACCT 2000, ACCT 2102 and ACCT 2901. 

In order to remain in good standing, students must:

  • Maintain an overall cumulative GPA of 3.00/(4.00 scale), and
  • Earn a C or better in all accounting coursework taken in the senior year.

In any semester, if either condition is not met, students will become ineligible to continue in the Accelerated program.

Courses that an accelerated student may be eligible to include as overlap between the undergraduate and graduate programs:

ACCT 5030 - Advanced Income Tax (3)  (ACCT 4130)

ACCT 5101 - Managing Decision Making Using Excel (3)  (ACCT 4101)

ACCT 5115 - Financial Reporting and Analysis (3)  (ACCT 4114)

ACCT 5120 - Financial Accounting and Reporting I (3)  (ACCT 4121)

ACCT 5135 - Internship in Accounting (1-6)  (ACCT 4135)

ACCT 5137 - Partnership Taxation (3)  (ACCT 4137)

ACCT 5138 - Corporate Taxation & Tax Research (3)  (ACCT 4138)

ACCT 5140 - Financial Accounting and Reporting II (3)  (ACCT 4140)

ACCT 5155 - Fraud Examination (3)  (ACCT4155)

ACCT 5160 - Data Analytics for Accountants (3)   (ACCT 4161)