Master of Accountancy Degree
The Master of Accountancy (MACY) degree is designed to accommodate applicants with a degree in any field. Applicants must complete the equivalent of a B.B.A. degree in accounting from an accredited institution or must enroll in the MACY core courses plus certain accounting courses set out by the Coordinator of Graduate Programs in Accounting. Students whose background is in business but who have completed MACY core courses or their equivalents seven or more years before entering the program may be required by the MACY Admissions Committee to successfully complete or test out of the MACY core courses. MACY core courses may be taken simultaneously with the MACY requirements, subject to course prerequisites and approval of the Coordinator of Graduate Programs in Accounting.
Why a Master of Accountancy?
Accounting is a broad discipline offering a wide variety of career options in both private industry and the public sector. Practicing accountants may work in a specialized area such as external auditing, taxation or internal audit or across a wide range of issues as accounting managers or consultants. To be successful in practice, a sufficient understanding of accounting often includes study beyond the basic coverage provided to undergraduate students.
The Master of Accountancy (MACY) is a comprehensive graduate degree in accounting that provides a solid theoretical foundation as well as opportunities to focus on areas such as taxation, audit and financial reporting. The MACY degree incorporates both theoretical and applied components that prepare students well for their careers as professional accountants. There is a constant demand for well-trained accountants in both the private and public sectors. Increasingly, the masters degree is being seen not just as a preferred but a required credential for entry into the public accounting profession.
The Master of Accountancy is the most expeditious way for students to complete the 150-hour educational requirement to sit for the Certified Public Accountant Examination in Texas. A typical undergraduate student (120 hours), regardless of prior major, can reach the 150-hour limit and meet the accounting coursework requirements (30 hours) to sit for the exam by completing the MACY program.
Advising, Course Offerings:
The majority of UTSA’s MACY students are employed full-time while pursuing their graduate degrees. To meet the needs of these busy professionals, classes are offered in an evening format. Special scheduling of courses during spring semesters allow MACY students to complete internships and also maintain fulltime graduate student status. Also, when school is in session, our Advising Office is open Monday through Thursday until 7:00 p.m. to meet the needs of our current and prospective students. We are located in the Business Building, room 4.01.18. Please contact the Graduate Advising Office to make an appointment for advising.
Program Admission Requirements
In order to be unconditionally admitted to the MACY program, applicants must meet University-wide graduate admission requirements. In addition, applicants are considered on the basis of demonstrated potential for success in graduate study in accounting and/or taxation as indicated by a combination of prior academic achievement, Graduate Management Admission Test (GMAT) scores, a personal statement, and other relevant factors.
A completed set of application material will include the following:
- completed application form
- transcripts from all universities attended
- official Graduate Management Admission Test (GMAT) scores
- a personal statement
- a current résumé with data regarding employment and other relevant experience (optional)
- letters of reference (optional).
Applicants are evaluated by the MACY Admissions Committee based on the above set of application materials. Those who do not meet the requirements for unconditional admission may be considered for admission on a conditional basis. Admission deficiencies, which do not count toward degree requirements, must be removed before enrolling for the last semester before graduation.
The minimum number of semester credit hours required for this degree, exclusive of coursework or other study required to remove admission deficiencies, is 30.
All candidates must complete the following:
- Theoretical Foundations (6 semester credit hours)
- Disciplinary Focus. 12 semester credit hours of graduate electives in accounting or taxation, approved by the Coordinator of Graduate Programs in Accounting. Students may choose to focus their graduate study in one of four different areas through their choice of these 12 hours. Focus areas include taxation, audit services, financial accounting and managerial accounting. See the graduate advisors or the Coordinator of Graduate Programs in Accounting to discuss these options.
- Electives. 9 semester credit hours of graduate electives in accounting, taxation, finance, or information systems approved by the Coordinator of Graduate Programs in Accounting.
- Accounting Capstone (3 semester credit hours)