Accountancy

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Contact MAS


Cindy Wood
Department of Accountancy
University of Illinois
360 Wohlers Hall
1206 South Sixth Street
Champaign, Illinois 61820
Phone: 217-333-4572
Fax: 217-244-0902
Email: accy-mas@illinois.edu



MAS for Students from an illinois Program Other Than the Accountancy BS/MS Program


The MAS program accepts applications for admission twice per year, with September 1 and February 1 deadlines.  Applications can be processed on-line through the Graduate College.

Background Requirements

UIUC students applying for admission from a program other than the Accountancy BS/MS program must complete the UIUC accountancy curriculum (i.e., ACCY 301, 302, 303, 304, and 405) and the equivalent of the College of Business core curriculum prior to enrolling in the MAS program.  Currently enrolled undergraduates should verify their graduation status with their College Undergraduate Office.

Admission requirements

Admission is competitive.  Applicants should have a minimum score in the 50th percentile on the verbal and quantitative portions of the GMAT, a 4.0 on the analytical writing portion of the GMAT, and a B (3.0) average for the last two years of course work (last 3 semesters if applying during senior undergraduate year).

Original transcripts for all undergraduate and graduate schools attended must accompany the application form along with three letters of recommendation.

Applicants whose native language is not English are required to take the TOEFL Internet-Based Test (iBT). The Department requires a total test score ≥ 103 to be exempt from the English Placement Test requirement. In addition, the Department requires a speaking score ≥ 24 for purposes of admission and ≥ 26 for purposes of graduate assistantship and financial aid awards. There are no exemptions from the TOEFL-iBT.

Call 1-800-GMAT-NOW to register for the GMAT or on the web at www.gmac.com for additional information.

Application Checklist

Below is a list of the materials the Department must receive for a complete file.

Graduate College Admission Application
Graduate College Application Fee
Accountancy Scholarship Application (if you wish to be considered for financial aid)
All transcripts
Personal Statement
Resume
3 letters of recommendation
GMAT Score
TOEFL iBT or IELTS Score (only required for applicants whose native language is not English)

Degree Requirements

The course requirements for the MAS program are:

Grad Hours
Courses
4
4
8
8
8
ACCY 511 - Concepts and Principles
ACCY 512 -  Management Accounting
Accountancy electives
Non-accountancy electives
Electives (either accountancy or non-accountancy)
32 Total for MAS

 

The electives, both accountancy and non-accountancy, shall form a coherent program of study, approved by a program advisor.  At least 20 of the 32 total graduate hours must be in 500-level courses and at least 24 of the 32 total graduate hours must be earned while enrolled in the UIUC Graduate College.

Students must maintain a minimum grade point average of 3.0 (A = 4.0) to continue in, and graduate from, the MAS program.  All courses applied toward the 32 graduate hours required for graduation must be taken for grade and not on a credit-no credit basis.

The structure and content of the UIUC undergraduate accountancy curriculum emphasizes concepts rather than procedures.  Thus, to complete your preparation for the profession we recommend that you elect ACCY515: Auditing and Assurance Standards and ACCY510: Financial Reporting Standards, as part of your MAS program of study.  These two courses emphasize procedures not covered in the undergraduate Accountancy core.

UIUC College of Business Department of Accountancy