The Master of Science in Accounting provides specialized training for successful careers in corporate accounting, controllership, and public accounting.
Students in the MS-Accounting at UM-Dearborn can complete the CPA exam preparation course through CPAexcel® at a significant discount, and even qualify to receive a 100% reimbursement. The MS-Accounting is open to students from all undergraduate majors and does not require previous accounting coursework.
The program is offered on campus, and a few of the courses are also occasionally available on-line. You may enroll on a full- or part-time basis during the fall and winter semesters, and some courses are often available during the summer. The program usually can be completed within 12 months of full-time study.
Admission is rolling, and you may begin the program in September or January. May admission is also usually possible for part-time students.
Students eligible to pursue the Accounting 4+1 option may count 3 courses/9 credits in the graduate program toward their undergraduate accounting major. All other University of Michigan-Dearborn students who have been admitted to the MS-Accounting may take up to 6 graduate credits during the final semester of their undergraduate program.
The Master of Science in Accounting requires 10 courses or 30 credit hours.
(7 courses/21 credit hours)
ACC 505 - Developing and Interpreting Financial Information^
ACC 514 - Financial Reporting
ACC 516 - Advanced Financial Accounting I*
ACC 555 - Cost Management
ACC 557 - Auditing*
ACC 560 - Introduction to Federal Income Taxation*
ACC 580 - Accounting Information Systems
^If you have not previously completed an acceptable course in financial accounting, we may advise you to complete ACC 505 before planning to complete the remainder of the program. ACC 505 (or equivalent) is a prerequisite to subsequent accounting courses.
*Simultaneous credit toward the BBA Accounting major and MSA for students admitted to the Accounting 4+1 program
(3 courses/9 credit hours)
ACC 539 - Not-For-Profit Accounting^
ACC 601 - Information Technology Auditing^
ACC 603 - Controllership^
ACC 604 - Auditing and Forensic Examinations
ACC 605 - International Accounting
ACC 608 - Financial Statement Analysis
ACC 614 - Advanced Financial Accounting II^
ACC 657 - Advanced Auditing and Assurance Services^
ACC 660 - Advanced Federal Income Taxation^
LE 510 - Commercial Transactions^
^Recommended for students who intend to take the CPA exam
Transfer Credit and Course Exemptions
Previous undergraduate or graduate coursework deemed substantially similar to the MSA core courses may qualify to exempt students from those courses. Exempt courses must be replaced with elective courses within the degree program.
In addition, up to 6 transfer credits for previous equivalent graduate coursework can be applied to the degree if those credits have not been counted toward a degree.
Exemptions and transfer credit are granted at the discretion of the program faculty.
Course Scheduling and Time to Completion
Nearly all of the courses in the MSA are taught on campus; a few are offered on-line. You may enroll on a full- or part-time basis, but course availability is greatest during the fall and winter semesters. The program usually can be completed within 12 months of full-time study.
Students who lack previous accounting coursework may be advised to enroll in ACC 505 (Financial Accounting) on campus or online before starting the remainder of the program.
Students with an undergraduate degree in accounting who wish to exempt the core courses should plan to enroll on a part-time basis.
CPA Exam Preparation
The College of Business has partnered with CPAexcel® to offer CPA exam preparation at a significant discount to our eligible Accounting students. In addition, eligible students who pass all 4 parts of the CPA exam within 12 months of graduation can receive a 100% reimbursement of the discounted cost of the CPAexcel® Gold review course. Alternatively, eligible students who complete at least one section of the CPA exam within 6 months of graduation can receive a 50% reimbursement of the discounted cost of the review course.
Students must meet specific accounting and general business course requirements in order to qualify for the CPA examination in Michigan. See the National Association of State Boards of Accountancy for the official policies.
Program Goals and Objectives
Goal: MS in Accounting students will be able to integrate theory and applications in a wide variety of business situations.
Objectives: MS in Accounting students will:
- Effectively communicate ideas orally, in writing, and using computer technologies.
- Integrate multiple sources of information to formulate solutions to complex business issues.
- Analyze standards and regulations that affect multinational businesses.
- Apply the professional standards of practice to business situations.