What is a Master of Accountancy (MAcc) Degree?
Posted: May 06, 2020 | Author: Madalyn Bushman | Read Time: 3 minutes
The Dixie L. Leavitt School of Business at Southern Utah University offers a Master of Accountancy degree accredited by the AACSB that is designed to help graduate students expand their accounting knowledge, prepare for the CPA exam, obtain their CPA license, and accelerate opportunities for careers in accounting and other business roles.
Let’s take a look at what a Master of Accountancy is, how the program is structured and why it’s important.
What is a Master of Accountancy?
A Master of Accountancy (MAcc) degree adds important credentials. It helps students develop a deeper technical understanding of important accounting concepts and gain specialized expertise and in-demand skills that will set them apart.
Designed to prepare students for high-level careers in accounting, it is a vital part of becoming a Certified Public Accountant by satisfying the 150-credit hour requirement for CPA licensure. Graduates can expect to pursue successful careers in accounting firms, high-level financial roles in private companies, government agencies, non-profit organizations, large financial firms or their own businesses.
Importance of a MAcc Degree
Learning Outcomes
Graduates in the MAcc program at SUU learn to:
- Use quantitative analysis and information technology to support decision-making.
- Effectively communicate information relevant to accounting.
- Develop resolve to have moral courage in accounting.
- Prepare for a professional career in accounting.
Job Opportunities
According to the Bureau of Labor Statistics, jobs for accountants and auditors are expected to grow 4% by 2031. With that growth comes higher paying job opportunities - especially for those who have the right credentials like a master’s degree.
One benefit to SUU’s MAcc program is that we enjoy a strong relationship with dozens of employers. We have a nearly 100% placement rate with many students having job offers a year or more before graduation. This can be attributed largely to the combined efforts of the Professional Accountancy Club in partnership with SUU’s Business Career Center located in the Dixie L. Leavitt School of Business, where dedicated career coaches for business students focus on employer outreach to coordinate internships and employment opportunities for students.
Our employers consist of the Big Four accounting firms (the largest accounting firms in the world), national firms, regional firms and local firms, as well as private companies and government organizations. Our Professional Accountancy Club (PAC) holds over 25 professional events with employers each year for students to interact with employers. In addition, students can take career exploration trips to visit employers' offices. The PAC also partners with the Business Career Center for Career Fairs Nights with accounting firms and businesses hiring in accounting, finance and similar roles.
With SUU’s placement rates, the most common jobs occupied by MAcc graduates include taxation, auditing and controllership positions. Listed below are several career opportunities for which graduates may qualify for:
- Managerial Accountant
- Financial Analyst
- Tax Preparer
- Auditor
- Forensic Accountant/Fraud Examiner
- Corporate Controller
- Consultant
- Compliance Risk Manager
How is SUU’s MAcc program structured?
SUU’s MAcc program is structured to offer maximum flexibility for students, where they can self-select to take 1-4 courses each semester. Courses for the MAcc program are offered both online and live/on-campus and are offered every semester - fall, spring and summer - enabling students to take classes whenever it works best with their schedules.
SUU’s MAcc program is AACSB Accredited, the highest level of accreditation available to business schools worldwide, and is the hallmark of excellence in business education.
Tuition waivers
Students can apply for Graduate tuition waivers selected annually by the Dixie L. Leavitt School of Business and Scholarship Committee. To qualify, students must be enrolled in classes full-time (at least 6 graduate credit hours) for the semester they applied to attend.
In addition to applying for funding from the School of Business, students should also check other financial aid resources and consult with a financial aid advisor for funds that may be available.
Learn more about SUU’s MAcc program and apply today.
Produced by SUU Graduate Studies
SUU's Graduate school draws from a prestigious heritage and allows students to pursue a quality education. The master's degree programs offer students the chance to further their professional and educational careers on campus or online.
This article was published more than 3 years ago and might contain outdated information or broken links. As a result, its accuracy cannot be guaranteed.
Tags: School of Business Accounting Graduate Programs
