Masters of Accountancy

Entry Requirements for Postgraduate Programs

Application Fees: US$75

Academic Requirements:

1. Bachelor's Degree: Student should hold a bachelor's degree or its equivalent from an accredited institution. This degree should be relevant to the postgraduate program Student intend to pursue.

2. Academic Achievement: Student should have a minimum undergraduate GPA of 3.0 on a 4.0 scale or the equivalent, which translates to approximately 60% and above.

English Language Proficiency Requirements:

1. IELTS: A minimum overall score of 6.5 with no individual band score less than 6.0 is often required.

2. TOEFL iBT (Test of English as a Foreign Language - Internet-Based Test): A minimum overall score of 79 is accepted.

3. DET (Duolingo English Test): A minimum score of 115 or higher is required.

4. PTE (Pearson Test of English): Some programs may accept a minimum score of 58 or higher.

Standardized Tests (GRE/GMAT):

1. GRE (Graduate Record Examination): A  GRE score of around 290 is accepted.

2. GMAT (Graduate Management Admission Test): A minimum GMAT score of 500 is required.

Wichita State University (WSU) offers several scholarships to international students to help them pursue their academic goals. These scholarships recognize academic achievement, leadership potential, and contributions to the WSU community. 

1. International Student Merit Scholarships: These scholarships are awarded to outstanding international undergraduate and graduate students based on their academic achievements. The amount of the scholarship varies depending on factors such as GPA and standardized test scores.

2. International Excellence Scholarships: WSU offers competitive scholarships to international undergraduate students who have a strong academic record and demonstrate leadership and community involvement. These scholarships can significantly reduce tuition costs.

3. Graduate Teaching Assistantships: Graduate students may have the opportunity to work as teaching assistants in their respective departments. These positions often come with a stipend and tuition waiver, helping graduate students finance their education.

4. Athletic Scholarships: WSU provides athletic scholarships to international student-athletes who excel in sports such as basketball, track and field, and tennis. These scholarships cover various expenses, including tuition, books, and accommodation.

5. Graduate Research Assistantships: Some graduate programs offer research assistantships that provide financial support to students in exchange for their research contributions. These positions may also include a tuition waiver.

6. Private Scholarships: WSU encourages international students to explore external scholarship opportunities, including those from governments, organizations, and foundations. The Office of International Education can assist students in finding relevant scholarships.

7. Departmental Scholarships: Some academic departments within WSU offer scholarships to students majoring in specific fields. These scholarships may be based on academic merit, leadership, or other criteria related to the student's chosen field of study.

8. Cultural Diversity Scholarships: These scholarships are designed to promote diversity and inclusion on campus. They are available to students from underrepresented backgrounds who contribute to the cultural diversity of WSU.

9. Conditional Scholarships: Conditional scholarships may be offered to students who meet academic requirements but require additional English language support. These scholarships often include language training as part of the package.

It's essential for international students to check the specific eligibility criteria, application deadlines, and scholarship amounts for each scholarship opportunity.

Wichita State University offers a highly regarded Master of Accountancy (MAcc) program that equips students with the skills and knowledge needed to excel in the field of accounting. Graduates of this program are well-prepared to pursue a wide range of career opportunities in accounting and related fields.  

1. Certified Public Accountant (CPA): The MAcc program at Wichita State provides students with the educational requirements needed to sit for the CPA exam. Many graduates choose to become CPAs, which opens doors to various accounting roles in public accounting firms, corporations, and government agencies.

2. Audit and Assurance Services: Graduates can specialize in audit and assurance services, working for public accounting firms like the Big Four (Deloitte, PwC, Ernst & Young, and KPMG) or regional firms. They examine financial statements, assess internal controls, and ensure compliance with accounting standards.

3. Taxation: Career opportunities in taxation are abundant. Graduates can work as tax consultants, tax accountants, or tax advisors, helping individuals and businesses navigate complex tax regulations and optimize their tax strategies.

4. Financial Analysis: Some graduates choose to become financial analysts, analyzing financial data, conducting investment research, and providing recommendations to clients or employers regarding investment decisions.

5. Management Accounting: Graduates can pursue careers as management accountants, working within organizations to manage budgets, analyze financial performance, and provide strategic financial guidance to executives.

6. Forensic Accounting: For those interested in investigative accounting, forensic accounting offers an exciting career path. Graduates can help uncover financial fraud, embezzlement, and financial misconduct.

7. Financial Planning: Graduates can become certified financial planners (CFPs), helping individuals and families plan for their financial futures, including retirement, investments, and estate planning.

8. Corporate Finance: Opportunities in corporate finance include financial analysis, treasury management, and financial planning and analysis (FP&A) roles within corporations.

9. Government and Nonprofit Accounting: Graduates can work in governmental agencies or nonprofit organizations, managing their financial operations and ensuring compliance with relevant regulations.

10. Risk Management: Risk management professionals assess financial risks and develop strategies to mitigate them. Graduates can work in various industries, including banking, insurance, and corporate risk management departments.

11. Internal Audit: Internal auditors evaluate an organization's internal controls and risk management processes. Graduates may work within corporations or government entities to ensure efficiency and compliance.

12. Consulting: Consulting firms hire MAcc graduates to provide financial and strategic consulting services to businesses. Consultants may focus on areas such as financial strategy, mergers and acquisitions, or process improvement.

13. Academia: Graduates interested in teaching and research can pursue careers in academia, becoming professors or researchers in accounting departments at universities and colleges.

14. Entrepreneurship: Some graduates choose to start their own accounting firms or businesses, offering accounting and financial services to clients.

15. Regulatory and Compliance Roles: Graduates can work in roles related to regulatory compliance, ensuring that organizations adhere to financial and accounting regulations and reporting requirements.

16. International Accounting: With globalization, there is a growing demand for accountants with expertise in international accounting standards and practices. Graduates can work for multinational corporations or global accounting firms.

17. Data Analytics: As data becomes increasingly important in accounting, graduates can specialize in data analytics, using technology and data analysis skills to extract valuable insights from financial data.

18. Professional Associations: Graduates can become active members of professional accounting associations like the American Institute of CPAs (AICPA) or state CPA societies, which offer networking opportunities and career resources.

19. Career Advancement: The MAcc degree can lead to career advancement opportunities, including leadership roles such as controller, chief financial officer (CFO), or partner in an accounting firm.

20. Lifelong Learning: The accounting field is ever-evolving. Graduates are encouraged to engage in lifelong learning, staying updated on accounting standards, regulations, and emerging trends.