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Master of Accounting

What is the MAcc?

The Master of Accounting (MAcc) program is a 30 credit hour program designed to provide the knowledge and skills necessary to build a successful career in the multifaceted, dynamic practice of accounting. 

The MAcc provides an advanced education in taxation, financial accounting, auditing, and data analytics necessary for students to pursue leading positions in public practice, business, government, and related fields. CPA Review preparation, internship, career development services, and other opportunities further enrich and support your graduate accounting studies. 

Reasons to earn a MAcc 

The accounting profession has a high demand for graduates who are ready and able to handle new developments, changing markets, and emerging technologies. Business and accounting environments are changing at unprecedented rates. Students master a broad range of accounting topics, while also gaining the knowledge and skills you need to become a CPA.

The MAcc was designed to help students acquire knowledge of concepts which underlie current processes and develop research skills. This can better prepare them to adapt in the future and make sound business decisions. The MAcc provides a proven path to career advancement, financial rewards, and global opportunities in accounting and business.

A growing trend is that new accountants working in both private and public sectors have earned a Master’s degree. This MAcc is especially ideal for recent grads and students with little work experience, while providing the opportunity for students in various majors to obtain a successful career in accounting without necessarily having earned an undergraduate degree in accounting.

While a MAcc degree typically results in higher salaries, it also enables one to more quickly advance to a higher level position and opens doors that are more fulfilling for most professionals. Through advanced work one becomes proficient in the cutting-edge topics that will shape our profession moving forward. The MAcc helps to position yourself for success in your career. 

Reasons to attend UH-Manoa's School of Accountancy for a MAcc

Five reasons to earn a MAcc from UH-Manoa's School of Accountancy (SOA) are acquiring a high quality accounting education, UH's low cost tuition results in a great investment, the MAcc prepares one for the CPA exam, convenient schedule of evening courses, and excellent career placement. 

1. Receive a High Quality Accounting Education

  • MAcc students are taught through a combination of lectures, case studies, discussions, and research projects. Students can choose a course concentration and benefit from personalized professional development, paid internship opportunities, and courses that help pass the CPA exam.
  • The curriculum is influenced by the SOA's Advisory Board made up of a cross-section of Hawaii's leaders in public accounting, business, and government. 
  • Graduate programs generally provide a high return on investment. The MAcc integrates excellent classroom learning experiences with exposure to current events in the accounting profession, providing an edge over other graduates.

2. UH's Low Cost Tuition results in a Great Investment 

  • See web pages on Tuition & Fees and About SOA.
  • The Shidler College of Business is the only AACSB International accredited institution in Hawai‘i that offers a Master of Accounting program.

3. MAcc Prepares one for the CPA Exam

  • The revisions to the MAcc program for students starting Fall 2018 have electives which now includes CPA preparation coursework (1 credit hour for each of the four parts of the CPA exam). 
  • Completion of the MAcc fulfills the 150 credit hour requirement for becoming a CPA.

4. Convenient Evening Schedule for Courses

  • MAcc classes are mostly taught on weekday evenings (Monday through Thursday), allowing students to work or participate in internships during the day. 

5. Excellent Career Placement

MAcc Degree Requirements

The MAcc is a 30 credit hour program, half of which is comprised of required core courses. The other half of the program consists of elective courses, with concentrations in Taxation or Financial Reporting/Auditing, and data analytics (for students starting Fall 2018).

Revisions to the MACC curriculum for students starting Fall 2018 have two goals in mind:

  •  Align the MAcc more closely with CPA exam enrollment and success                                                                           (Adding 1 credit elective courses [credit/ no credit] tied to CPA Preparation)
  • Update the MAcc program for current trends in
    • CPA Exam revisions for 2017 (now 50% simulations; requiring application of knowledge and skills)
    • Professional environment changes (data analytics, stronger ethics ...
    • Technological changes (mobile devices; cybersecurity …
    • Typical offerings MAcc (forensic accounting, financial statement analysis)

MAcc Core Curriculum (see webpage on Core-Curriculum), (for students starting Fall 2018)

Accounting Electives (see webpage on MAcc Electives) (new courses expected in 2018)

Students are required to complete 15 credit hours of accounting electives, 9 hours of accounting, of which 6 should be in a concentration (Taxation, Financial Reporting and Assurance, or Data Analytics). Elective courses supplement the core classes with detailed study into a particular area of accounting and provide some individual focus. The MAcc requires 6 hours of 400 level courses in the core curriculum, so electives from 400 level courses are limited to 6 hours.

MAcc (Traditional Program)

The MAcc program admits students in both the fall and spring semesters. One can complete it on either a part-time or full-time basis. Typically, a full-time student with no undergraduate accounting deficiencies can complete the MAcc in 12-18 months, while non-accounting majors usually take two years to complete the MAcc.

The MAcc program offers the following benefits and opportunities:

  • Acquire a high-quality accounting education with access to internationally recognized faculty
  • Prepare for the Certified Public Accountant (CPA) exam and earn a master’s degree at the same time
  • Pay low-cost tuition (with extensive scholarship support) making a great investment
  • Meet the 150 credit-hour CPA licensing requirement in a very useful manner for one's professional career
  • Strong placement and link into the UH alumni network – about half of the CPAs in the State of Hawai‘i are Shidler College alumni and many more hold leading positions on the U.S. mainland and around the world.

3/2 MAcc (BBA + MAcc)

The 3/2 MAcc program is designed for current undergraduate students enrolled at the Shidler College of Business. You are eligible to apply if you:

  • Currently, have at least two semesters remaining prior to graduation from the Shidler College of Business,
  • Have taken at least two upper-division accounting courses, and
  • Have a 3.4 overall or 3.4 accounting GPA.

No automatic admission is granted if meeting these requirements; the final admission decision is determined by the SOA admission committee.

The 3/2 MAcc offers the benefits of the MAcc, plus:

  • Pay the lower undergraduate tuition rates for up to six credits towards the MAcc degree.
  • GMAT is not required for admission to the 3-2 program.
  • Smoothly transition into a high-quality graduate program while finishing your undergraduate degree.

MAcc Admission Guidelines

MAcc admission can occur either through the traditional MAcc or 3/2 program.

  • GPA 3.0 (3.4 for 3/2 MAcc)
  • GMAT or GRE taken within the last five years. GMAT (or GRE equivalent) score of at least 500
  • TOEFL or IELTS (International applicants)
  • Statement of Objectives

In order to apply for the MAcc, the candidate must have taken introductory accounting courses, such as:

  • ACC 201 — Introduction to Financial Accounting
  • ACC 202 — Introduction to Managerial Accounting

Application Deadlines

The deadline for scholarship consideration and international applicants is October 1st and March 1st. The regular review deadline for all MAcc applicants is November 15th and May 1st.

Foundation Courses

Students who do not hold an undergraduate degree in accounting must complete the following foundation courses while enrolled in the MAcc program:

Students with an accounting degree must complete any missing foundation courses prior to graduation from the MAcc program.

If you have any questions regarding the information above, please contact the College Office of Student Academic Affairs, specifically Marc Endrigat at endrigat@hawaii.edu.

For more information, see the webpage on How to Apply.