Master of Financial and Managerial Accounting I at Carnegie Mellon University

Carnegie Mellon University

United States of America, Pittsburgh

University Rank:#52

Carnegie Mellon University offers the Master of Financial and Managerial Accounting I as a full-time degree delivered on campus at its main campus in Pittsburgh , United States of America. Taught in English and completed over 2 years, the program equips students with the theoretical knowledge and practical skills required for financial and managerial accounting i and related professional fields. The next available intake begins on August 22, 2026.

About Master of Financial and Managerial Accounting I

This course is the first of two required accounting courses, designed to provide MBA students with a solid foundation in accounting. The course introduces students to (1) corporate financial statements and (2) basic cost concepts and their uses. By the end of the course, students will have an improved ability to analyze the information content of financial statements and data from managerial accounting systems. The course will be a mixture of practical, conceptual, and critical approaches. From a practical viewpoint, the course will cover the relationship between accounting data and a firm's underlying operating, investing, and financing activities. At a more conceptual level, the course will focus on the principles and concepts that underlie common reporting practices. The critical approach will focus on the limitations of accounting data, arising from sensitivity to estimation methods as well as from possible manipulations. There are three related parts of the course. The first introduces and reviews double-entry bookkeeping and the procedures that generate the balance sheet, income statement, and statement of cash flows. The second part considers in more detail measurement and disclosure issues associated with these financial statements. The third part introduces the concepts of cost economic and accounting costs and their uses in managerial decision making. (JS, CC 6/13)

Requirements and Admission Criteria for Master of Financial and Managerial Accounting I at Carnegie Mellon University

Entry Requirements

GPA

3.41 Average

3.43 Median

3.03-3.76

Middle 80%

English Requirements

IELTSMin 7.5
TOEFLMin 102

English Program Requirements

Candidates are required to demonstrate a level of competence in English to meet the admissions requirements of the university. You are required to take a TOEFL, IELTS, or Duolingo exam unless:

You attended an undergraduate institution, earning a bachelor’s degree, where the sole language of instruction was English.
You earned a graduate degree where the sole language of instruction was English. (Although not required, we do recommend that you take the English Language Proficiency exam.)

You must request that the official score be sent from the testing agency to our program for us to verify the score entered into the application. Request that the official score be sent to us using the following codes:

TOEFL Program Code: Institutional Code = 2074; Departmental Code = 02
- Pro Tip: The recommended TOEFL score is 25 on each section of the Internet-based test. The minimum TOEFL scores required to apply for admission are: Reading: 20, Listening: 20, Speaking: 20, Writing: 20
IELTS Program Code: Select Carnegie Mellon and the Tepper School of Business
- Pro Tip: The recommended IELTS score is 7 overall and 7 in each band. The minimum IELTS scores required to apply for admission are: Listening: 7, Reading: 7, Writing: 7, Speaking: 7, Overall Band: 7
Duolingo Program Code: Select Carnegie Mellon University – Tepper School of Business
- Pro Tip: The recommended Duolingo English Test (DET) score is 120 overall

Pro Tip: TOEFL and IELTS scores are valid for two years and must be valid at the time you submit your application.

Pro Tip: If you earned a degree from a non-U.S. institution, your academic documents should state that the sole language of instruction for the entire university was English in order to be eligible for a TOEFL/IELTS/Duolingo waiver. If your academic documents don’t include this, you should upload an official letter from the University Registrar indicating English as the mode of instruction for the entirety of the degree.

Fee Information

Application Fee 75

Master of Financial and Managerial Accounting I at Carnegie Mellon University

Carnegie Mellon University

United States of America, Pittsburgh