M.A. in Music
The MA in Music at Truman State University is a selective program that prepares graduat...
Master of Accountancy
Kirksville, Missouri
INTAKE: Jan & Aug
Program Overview
The Master of Accountancy at Truman State University can be completed in as little as one year and is offered both on campus and online. The program is tailored for individuals seeking to deepen their expertise in accounting beyond the undergraduate level, preparing them for advanced positions in public accounting, corporate finance, governmental accounting, and non-profit organizations. It offers two distinct tracks: Audit and Tax, allowing students to specialize their studies according to their career aspirations. The program is known for its high CPA Exam pass rate among its graduates, indicative of its rigorous preparation.
AACSB Accredited: A distinguishing feature of Truman State University's Master of Accountancy program is its prestigious accreditation by AACSB International – The Association to Advance Collegiate Schools of Business. Truman is notably one of only a few universities worldwide to hold AACSB accreditation for both its Business and Accounting programs. This dual accreditation is a testament to the highest standards of quality in curriculum, faculty qualifications, educational outcomes, and continuous improvement, ensuring that graduates receive a globally recognized and highly respected degree that enhances their credibility and marketability in the accounting profession.
Curriculum: The 30-credit MAc curriculum is designed to provide an in-depth understanding of advanced accounting principles and practices. It consists of 18 core graduate-level accounting courses, 9 credits from the chosen track (Audit or Tax), and a 3-credit elective. Core courses common to both tracks typically include "Advanced Financial Accounting," "Advanced Accounting Information Systems," "Managerial Accounting Seminar," "Forensic Accounting and Fraud Examination," "Commercial Law," and "Data Science for Business." The Audit Track includes courses like "Accounting for Nonbusiness Entities" and "Seminar in Auditing," while the Tax Track focuses on "Corporate Taxation," "Tax Research/Selected Tax Topics," and "Taxation of Pass-Through Entities." Electives offer flexibility, including options like "Business Analytics," "International Management," or "International Financial Management."
Research Focus: While the Master of Accountancy program at Truman State University is professionally oriented, it deeply integrates a research focus into its curriculum. The program aims to provide students with an "increased conceptual understanding of the body of accounting and business knowledge and provides professional research opportunities within the framework of advanced topics." Courses like "Tax Research/Selected Tax Topics" directly engage students in research methodologies relevant to the accounting field. The curriculum emphasizes analytical thinking, problem-solving, and critical thinking skills, which are fundamental to conducting effective accounting research and applying evidence-based practices in professional settings. Faculty members, who often hold doctoral degrees and professional certifications, bring current scholarly insights and practical research into the classroom.
Industry Engagement: Truman State University's School of Business, including the Master of Accountancy program, is committed to robust industry engagement to enhance student learning and workforce readiness. The program explicitly aims to "engage with business professionals, civic leaders, and community members to enhance student learning and readiness for the workforce." This commitment manifests through various activities such as "Meet the Firms" events and "Career Week," which bring employers directly to campus for recruitment of internships and jobs. Faculty members, many with extensive professional experience, maintain strong ties with accounting firms and corporations, providing valuable networking opportunities and insights into current industry practices and challenges.
Global Perspective: Truman State University's Master of Accountancy program incorporates a global perspective by addressing the international dimensions of accounting and business. The curriculum includes courses that deal with "reporting international operations" within "Advanced Financial Accounting." Furthermore, students have the option to choose electives such as "International Management" or "International Financial Management," which broaden their understanding of global business environments, cross-border transactions, and multinational financial considerations. The AACSB accreditation itself provides international recognition, and the program's emphasis on preparing professionals for diverse roles ensures graduates are equipped to navigate the complexities of global accounting standards and practices.
Location
Kirksville, Missouri
Score
IELTS 6.5
Tuition Fee
USD 17520
Postgraduate Entry Requirements
Application Fee: $40
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% or above in their bachelor's degree.
English Language Proficiency:
- IELTS: Overall band score of 6.5 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 100.
Standardized Test Requirements
- GMAT (Graduate Management Admission Test): Minimum score of 450 required.
Truman State University offers a variety of scholarship opportunities specifically designed to support international students in pursuing their academic goals while easing the financial burden of studying in the United States. These scholarships recognize academic excellence, leadership qualities, and special talents.
Merit-Based Scholarships: International students are automatically considered for merit-based scholarships during the admissions process. These awards are primarily based on academic achievements such as high school GPA, standardized test scores (SAT/ACT), and other scholastic credentials. Scholarships can cover a significant portion of tuition fees and are renewable each year, provided students maintain satisfactory academic performance.
Presidential Scholarships: The university offers prestigious Presidential Scholarships to outstanding international students who demonstrate exceptional academic records and leadership potential. These scholarships provide generous tuition discounts and additional funding for academic enrichment.
Foundation and Departmental Scholarships: Beyond merit scholarships, Truman State University provides access to various foundation-funded and department-specific scholarships. Many of these awards are targeted toward students in particular fields of study or those who demonstrate community involvement and leadership skills.
Graduates of Truman State University's Master of Accountancy (MAc) program are highly sought-after professionals, equipped with the advanced accounting knowledge and skills essential for success in today's complex financial landscape. The program's dual AACSB accreditation for both Business and Accounting programs signifies a commitment to the highest quality of education, ensuring that alumni are well-prepared for the CPA exam and for leadership roles.
Certified Public Accountant (CPA): This is a primary career path. MAc graduates are well-prepared to pass the CPA Exam, enabling them to work in public accounting firms specializing in audit, tax, or advisory services for a wide range of clients.
Auditor: Whether in public accounting, corporate internal audit departments, or government agencies, auditors examine financial statements and internal controls to ensure accuracy, compliance, and to detect fraud or inefficiencies.
Tax Accountant/Tax Specialist: Graduates from the Tax Track are highly qualified to prepare complex tax returns for individuals and corporations, provide tax planning advice, and assist with tax compliance in public accounting firms or corporate tax departments.
Forensic Accountant/Fraud Examiner: Leveraging coursework in forensic accounting and fraud examination, these professionals investigate financial irregularities, fraud, and embezzlement, often working for law enforcement, consulting firms, or corporate investigation units.
Financial Manager/Controller: With an MAc, graduates can advance into leadership roles within corporations, overseeing financial planning, budgeting, reporting, and managing the overall financial health of an organization.
Accounting Manager: These roles involve supervising accounting departments, ensuring accurate and timely financial reporting, managing teams of accountants, and establishing internal accounting policies and procedures within a company.
Government Accountant/Auditor: Graduates can work for federal, state, or local government agencies, managing public funds, auditing government expenditures, ensuring compliance with governmental accounting standards, or working as tax examiners.
Management Accountant/Cost Accountant: Within corporations, these professionals focus on internal reporting, cost analysis, budgeting, and performance measurement to help management make strategic decisions and improve operational efficiency.
Business Analyst (with Accounting Focus): Combining strong analytical skills with accounting expertise, graduates can analyze business processes and data to identify areas for improvement, implement new financial systems, or optimize operational workflows.
Compliance Officer (Financial/Regulatory): In industries like banking or healthcare, MAc graduates can ensure organizations adhere to a complex web of financial regulations and laws, developing compliance policies and conducting internal audits.
