Catalog 2010-2012

Master of Accounting Degree

Students interested in this program must submit a completed Application for Admission to Graduate Study and should contact the Department of Accounting for any other admission requirements.  Graduate information and application for graduate admission can be found at

Students desiring entry into this degree program must have: a minimum Graduate Management Admission Test (GMAT) score of 500, a verbal GMAT score in the 40th percentile or higher, a cumulative grade point average (GPA) of B- or better on all upper division (junior/senior) accounting courses, and satisfactory completion of Intermediate Accounting I (120:129) and Intermediate Accounting II (120:130). In addition, a minimum admission score of 1150 (computed by multiplying the undergraduate GPA by 200 and adding the GMAT score) is required. At the discretion of the Accounting Department, students may be admitted on a probationary basis if their GMAT score and/or their average grades on upper division accounting courses fall below 500 and/or B-, respectively.

International students and/or individuals without English as a first language are required to demonstrate English language proficiency.  Applicants must earn a minimum score of 100 on the TOEFL iBT to be admitted. If the TOEFL iBT is not offered in the applicant=s country, then the applicant must take the TOEFL and Test of Spoken English (TSE). Minimum scores on these tests for admission are 600 (or 250 on the computerized version) on the TOEFL and 50 on the TSE.  The University of Northern Iowa also accepts the IELTS.  If a student takes the IELTS, a minimum score of 7 is required, with no sub-score less than 6.

UNI undergraduate accounting students interested in the MAcc Integrated Program may apply for admission to the program during the semester they are completing Intermediate Accounting II (120:130). An Application for Admission to Graduate Study must be completed and the student=s interest in the MAcc Integrated Program must be indicated on the application itself.  The GMAT will be waived for UNI undergraduate students applying to the integrated program if they have a GPA of 3.00 or higher after 75 UNI credits and at the end of the semester in which Intermediate II is taken. If accepted into the MAcc Integrated Program, the student will receive both the B.A. and MAcc degrees upon completion of the respective programs of study.

Once admitted into the integrated program, UNI undergraduate accounting students (who are classified as seniors) may register for a maximum of 12 hours of graduate credit as a senior, with the approval of the student=s advisor, the instructor of the course(s), and the head(s) of the department(s) offering the course(s).  See policies and procedures on page xxx, xxx. Graduate credit completed on the early admission basis will not be counted toward the undergraduate degree.  The MAcc is a full-time program.  Accordingly, students are expected to carry a credit load sufficient to qualify as a full-time student for each semester during the program (excluding summers).

The Master of Accounting program (MAcc) is offered on the non-thesis option. A minimum of 30 semester hours is required for the degree, of which a minimum of 15 hours must be at the 200/6000-level. In addition, there can be no more than 12 credit hours of UNI 100g-level (refer to page xxx for number system) courses included in the program of study and all transfer credit must be at the graduate level (i.e., equivalent to UNI=s 200/6000-level courses).


  Accounting: 120:201; 120:214; 120:229.....9 hours

  Information technology component from the following.....3 hours

    Accounting: 120:236.

    Management: 150:249.

Electives.....18 hours

  Accounting: 120:135, 120:139, 120:145, 120:240, 120:242, 120:263,120:269, 120:280, 120:285, 120:289, 120:299.

  Communications: Management: 150:114.

  Ethics: Management: 150:174.

  International Business:

    Marketing: 130:177.

    Finance: 160:158.

    Economics: 920:136, 920:175.

  Other electives:

    Economics: 920:117, 920:125, 920:148.

    Political Science: 942:153, 942:173.

    History: 960:225.

    Any other graduate level course approved by the MAcc program director. 

30 hours


Students will be required to satisfy an Experiential Component with a pre-approved experience. Ways in which this component might be satisfied include enrollment and satisfactory completion of 120:144 or 120:169 or 120:179 or 120:269. Non-academic credit work experience may also satisfy this requirement. Students will be required to prepare a written report summarizing their experience. Supervising faculty will determine whether the experience goals have been satisfied.