Master of Accountancy

Application Fees : US$ 80

Postgraduate Programs:

• Minimum academic requirement: Applicants must hold a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% or above.
• English language proficiency: International students are required to demonstrate English language proficiency. The accepted English language tests and minimum scores are the same as for undergraduate programs (IELTS: 6.5, TOEFL: 79, PTE: 59, DET: 105).
• Standardized Test Requirements : A  GRE Score of overall 300 is required.
• Some postgraduate programs may also require relevant work experience in the field of study. 

Scholarships are awarded based on various criteria, including academic merit, leadership qualities, extracurricular involvement, and community service. 

1. International Presidential Scholarship: This highly competitive scholarship is awarded to a limited number of outstanding international students. It covers the full cost of tuition for up to four years of undergraduate study. Recipients are selected based on academic achievement, leadership potential, and involvement in extracurricular activities.

2. Capstone International Scholarship: This scholarship is available to undergraduate international students who demonstrate exceptional academic performance. It provides a partial tuition waiver, reducing the overall tuition expenses. The scholarship is renewable for up to four years, subject to maintaining the required GPA.

3. Global Ambassador Scholarship: This scholarship is awarded to undergraduate international students who actively promote cross-cultural understanding and engagement on campus. Recipients receive a partial tuition waiver and are expected to serve as cultural ambassadors by participating in university events and activities.

4. Competitive Merit Scholarships: The University of Alabama offers a range of merit-based scholarships to international students, such as the National Merit Scholarship, Collegiate Scholars Award, and Crimson Achievement Scholarship. These scholarships are awarded based on academic achievements and standardized test scores.

5. College-Specific Scholarships: Various colleges and departments within the university offer scholarships specific to their respective fields of study. International students are encouraged to explore scholarship opportunities within their intended major or program of study.

6. External Scholarships: The University of Alabama also provides guidance and resources to international students seeking external scholarships. The Office of Undergraduate Scholarships and Prestigious Awards assists students in identifying and applying for scholarships from external organizations, foundations, and government agencies.

To be considered for these scholarships, international students must submit their application for admission by the specified deadlines. Some scholarships may require additional materials, such as essays or letters of recommendation. It is important to review the eligibility criteria and application requirements for each scholarship opportunity.

Graduates of the Master of Accountancy program at the University of Alabama have excellent career prospects in various accounting and financial management roles.  

1. Certified Public Accountant (CPA): Many graduates pursue careers as CPAs, working in public accounting firms. They may provide audit, tax, or consulting services to clients in diverse industries. A CPA license is highly valued and can open doors to a wide range of career opportunities.

2. Corporate Accountant: Graduates may work as corporate accountants in organizations of all sizes and industries. They are responsible for financial reporting, budgeting, internal controls, and analyzing financial data to support decision-making.

3. Financial Analyst: Graduates can pursue careers as financial analysts, working in corporations, investment firms, or financial institutions. They analyze financial data, conduct risk assessments, and provide insights to guide investment decisions or financial planning.

4. Tax Specialist: Some graduates specialize in taxation and work as tax specialists or tax consultants. They assist individuals or organizations in navigating complex tax regulations, optimizing tax strategies, and ensuring compliance with tax laws.

5. Management Accountant: Graduates may work as management accountants, providing financial analysis and insights to support managerial decision-making. They are involved in budgeting, cost analysis, performance evaluation, and strategic planning within organizations.

6. Forensic Accountant: Graduates with an interest in forensic accounting can pursue careers as forensic accountants, investigating financial fraud, conducting forensic audits, and assisting in legal proceedings related to financial crimes.

7. Consultant: Graduates may work as consultants, providing accounting and financial management expertise to clients in consulting firms. They may work on projects related to financial restructuring, process improvement, risk management, or mergers and acquisitions.