Accounting (MAC)

Admissions Requirements

• 4 year bachelor's degree
• A minimum 3.0 GPA (on a 4.0 scale)
• Proof of English Proficiency for some international candidates. TOEFL score of 85 internet based, 563 paper based taken before 2017, or IELTS composite score of 7 (with no subject area below a 6.5)
• An acceptable GMAT score
• 1 letter of recommendation
• Resume

GMAT & Letter of Recommendation Waiver

If you are a University of Arizona, Arizona State, or Northern Arizona University student majoring in accounting, you may qualify for a requirements waiver. The criteria are as follows:

1. The student is one semester away from earning their undergraduate degree in Accounting or has earned their Accounting degree within the past 12 months, AND
2. The student achieved an overall GPA of 3.2 (or higher), including courses taken at all institutions attended and an upper division accounting GPA of 3.0 (or higher) at the time the application is reviewed by the admissions committee.

If you meet the criteria above, you will not need to submit the following materials:

• Official GMAT score.
• Letters of recommendation.

GMAT Only Waiver

For other applicants, a waiver for the GMAT may be requested if you meet the following criteria:

• A cumulative undergraduate GPA of 3.3 or higher from a regionally accredited U.S. college or university AND
• A major in Business, Math, Statistics, or another STEM-designated program

Please note, you will still need to submit a letter of recommendation if you meet this GMAT waiver criteria.

Prerequisites

The following prerequisite courses should be completed prior to starting the MAcc program and may be satisfied by taking comparable courses at an acceptable accredited institution. All prerequisites must be taken at an institution that teaches United States Generally Accepted Accounting Principles (GAAP) and U.S. taxation.

• Introduction to Financial Accounting
• Introduction to Managerial Accounting
• Intermediate Financial Accounting I & II
• Principles of Federal Taxation
• Cost Accounting

If you have not completed these prereqsuites, consider applying to the Master of Science in Accounting (MSA) program which allows you to complete prerequisites during the program.

Required test(s): GMAT, Proof of English Proficiency for some international candidates.  See Admission Requirement for more details.
 

Please refer to our website for detailed information about financial aid, scholarships, and teaching assistantships:  https://eller.arizona.edu/programs/masters/accounting/master-of-accounting/roi/funding

Financial Aid: Many students choose to take out a loan to pay for all or part of the costs associated with attending the Master in Accounting program.  Eligibility for loans and scholarships is determined by completing a Free Application for Federal Student Aid (FAFSA) form available on line at www.fafsa.ed.gov. Many funds are limited, so those students who have their FAFSA completed by March 1st each academic year receive priority processing.  Applicants must have been admitted to the MAcc program before The University of Arizona Office of Student Financial Aid(OSFA) will make financial aid awards. Graduate students must be enrolled at least halftime in order to receive federal loans.

School of Accountancy Scholarship: Scholarship for in-person MAcc students are available on a limited basis.  See our webpage for more information: https://eller.arizona.edu/programs/masters/accounting/master-of-accounting/roi/funding#scholarship

Teaching Assistantships: Teaching assistantships are offered on a semester by semester basis to students enrolled in the Master of Accounting program at the University of Arizona. These positions involve working with professors teaching undergraduate accounting courses and providing overall support to School of Accountancy programs. Positions are limited and will be provided to applicants who are most qualified. Qualifications include GPA, GMAT score, recommendations from professors, demonstration of skill in the courses for which you are seeking a TA position, and other qualitative factors.  To be considered for a TA position, students must apply to the MAcc program by the TA consideration deadline of March 1 (fall semester) or October 1 (spring semester). Applicants should indicate on the application that they want to be considered for a TA position.  

Students must have a minimum GPA of 3.0.  If at any time the GPA drops, they lose their assistantship. Students will be required to work 10 hours per week on average (at .25 FTE).  Accepting a TA position indicates that you agree to not hold an outside job during the regular semester.  All TA's must attend a mandatory training session before classes start.  Benefits for TAs include an out-of-state tuition waiver, 50% in-state tuition waiver, medical insurance, and a stipend of approximately $3,000 per semester.
 

• March 1 for Fall applicants for TA consideration
• May 15 for Fall applicants that are Int'l students
• August 1 final Fall application deadline
• September 27 for Spring applicants that are Int'l students
• October 1 for Spring applicants for TA consideration
• December 15 final Spring application deadline

Aside from the strict TA consideration deadlines and international application deadlines indicated above, the admissions committee continues to accept applications on a rolling basis until program capacity has been reached.

International applicants will not be considered for conditional admission by this program.

ETS Major Field Code(s) for this program: 4001,4002,4003