Masters of Accountancy

Program Overview

The M.Acc. program at Missouri State University is a 30-credit-hour program, typically consisting of 10 courses, and can be completed in approximately one year for full-time students. It offers flexibility through traditional on-campus, fully online, and accelerated options, accommodating a diverse range of student needs and backgrounds, including those without an undergraduate accounting degree (though prerequisites may apply). The program aims to move beyond traditional number crunching, focusing on developing critical thinking, data visualization skills, and ethical understanding crucial for modern accounting professionals. Graduates are prepared for licensure and possess the advanced competencies demanded by today's industry.

STEM-Designated: While the search results show that some universities offer STEM-designated Master of Accounting programs, there is no explicit mention of Missouri State University's M.Acc. program being STEM-designated. However, many accounting programs are increasingly incorporating data analytics and technology components, which can sometimes lead to a STEM designation. For the most accurate and up-to-date information regarding STEM designation and its benefits (such as extended OPT for international students), prospective students should directly contact the Missouri State University School of Accountancy or the International Services office.

AACSB Accredited: Yes, Missouri State University's College of Business, which houses the School of Accountancy, holds both business and supplemental accounting accreditation from the Association to Advance Collegiate Schools of Business (AACSB) International. This is a significant distinction, as less than 6% of business schools globally achieve AACSB business accreditation, and only 2% attain the supplemental accounting accreditation. This dual accreditation signifies the highest standard of achievement for business and accounting programs worldwide, assuring students of a high-quality curriculum, qualified faculty, and strong alignment with the needs of employers.

Curriculum: The M.Acc. curriculum at MSU is designed to provide a comprehensive and advanced accounting education. Core courses often include in-depth study in areas such as Financial Accounting and Reporting, Tax Planning and Research, Contemporary Auditing Issues, Controllership, and Ethics and Professional Responsibility. The program also incorporates an Integrative Accounting Seminar and emphasizes the development of research, writing, and presentation skills. Students typically choose an accounting elective, which can include options like a Professional Internship, a Seminar in Accounting Leadership, or an Independent Study in Accounting, allowing for some specialization or practical experience. For students without an undergraduate accounting degree, prerequisite business knowledge courses may be required.

Research Focus: As a professional master's degree, the M.Acc. program's "research focus" primarily involves the application of advanced accounting principles and contemporary issues, rather than extensive theoretical research. Students are expected to engage in in-depth analysis, critical evaluation of accounting standards, and the application of research techniques relevant to tax and financial reporting. Faculty members are often noted experts in their fields and contribute to developing the CPA exam content, ensuring that the curriculum is current and relevant. The program emphasizes preparing students to solve complex accounting problems and to stay abreast of industry changes, including the increasing role of data visualization and technology in accounting.

Industry Engagement: Missouri State University places a strong emphasis on preparing M.Acc. graduates for the professional world. The program incorporates opportunities for paid internships, allowing students to gain valuable field experience and study alongside industry professionals. The curriculum is designed to meet industry needs, with a focus on developing well-rounded accounting professionals prepared for diverse careers in public accounting, private industry, and governmental or non-profit organizations. The College of Business actively engages with employers through advisory boards to ensure the curriculum remains aligned with industry expectations. Faculty, many with real-world professional experience and connections, facilitate experiential learning opportunities and networking with accounting professionals. The program also highlights career placement services and the high success rate of its graduates in securing employment or pursuing further education.

Global Perspective: The M.Acc. program at Missouri State University integrates a global perspective within its curriculum, particularly through courses such as "Current Topics in Corporate and International Accounting." This ensures that students are equipped with knowledge of international financial reporting standards and global business practices, which are increasingly vital in today's interconnected economy. The university's commitment to public affairs also emphasizes cultural competence, preparing students to work effectively in diverse professional environments. The program's focus on ethical leadership and community involvement further contributes to developing professionals who can navigate and contribute to a globalized business landscape.