Accounting, MAc
The Master of Accounting (MAc) is designed for students planning on professional careers in accounting or related financial professions. It complements the educational experience of the Bachelor of Business Administration (BBA) accounting major by providing the additional accounting and business knowledge needed by successful accounting professionals. Students who successfully complete the BBA Accounting and MAc degree meet the educational requirements for the Uniform CPA Exam in the state of Texas.
MAc Program
The MAc program is designed for students who have earned or expect to earn a bachelor's degree from an accredited college or university prior to enrollment and have completed coursework on U.S GAAP, U.S Tax Law, and PCAOB/AICPA auditing standards.
MAc Admission
The Neeley School MAc Program applies a holistic approach to the admissions process. Applicants must demonstrate academic proficiency as well as the ability to perform in a highly interactive, team-based environment. Academic records, relevant test scores, motivation, maturity and demonstrated leadership are all considered in the admissions decision. Students who have earned or expect to earn their BBA from TCU, are admitted to the Neeley Professional Program in Accounting (PPA), and have enrolled in (or expect to enroll in) in ACCT 30101 Professional Program in Accounting Seminar, may apply to the MAc by completing the Intent to Matriculate to graduate studies form.
Students who have not earned a BBA at TCU must provide evidence that they have completed a comparable program at an accredited university that is recognized by the Texas State Board of Public Accountancy. Except under extraordinary circumstances, students applying to the MAc Program must have or expect to earn a bachelor's degree from an accredited college or university prior to enrollment and have completed coursework on U.S GAAP, U.S Tax Law, and U.S. auditing standards. The following is an admission application checklist for those students who have not earned a BBA at TCU.
Admission Application Checklist
An application to the Neeley School MAc Program will not be considered by the Admissions Committee until all of the following materials are received:
1. Evidence of all accounting prerequisites
2. Completed application packet
3. Official transcript from each college or university previously attended
4. Two completed reference forms
5. Official GMAT scores
6. Official TOEFL scores (non-native English speakers only)
7. Personal interview (by invitation only)
Application packet and forms are available on the MAc website,
https://neeley.tcu.edu/Page/Requirements/27d245cf-a1b4-4bdc-8a57-99373764ed88
MAc Program Requirements
The degree consists of 30 semester hours of graduate-level classes. The 30 hours include 15 hours of courses required for all students. Students may also select from one of three concentrations. The taxation concentration consists of 9 prescribed credit hours; the audit and assurance and the advisory and valuation concentrations consist of 7½ prescribed credit hours. If a concentration is not selected, the program must be approved by the program director. Students can select from any of the graduate accounting MAc courses offered, any of the courses from any of the concentrations, and/or from a recommended list of graduate offerings to obtain the remaining credit hours.
Graduate students must maintain a GPA of at least 2.75 in accordance with the provisions described under Academic Warning. All grades will be included in the computation of the GPA, but no more than 6 hours of "C+" or lower may be utilized in satisfying degree requirements.
MAc Curriculum
MAc Curriculum Required (core) courses:
Financial Statement Analysis | 3 | |
Taxation of Business Entities | 3 | |
Moral Reasoning in Accounting | 1.5 | |
Business Combination and Advanced Topics | 3 | |
Business Intelligence and Accounting Analytics | 1.5 | |
Ethics for Accounting Professionals | 1.5 | |
Accounting and Global Perspectives | 1.5 | |
Total Credit Hours: | 15 |
Assurance Services Concentration:
Advanced Accounting Information Systems | 1.5 | |
Financial Reporting Research | 1.5 | |
Advanced Audit & Risk Assessment | 1.5 | |
Seminar in Current Assurance Topics | 1.5 | |
Advanced Assurance Services | 1.5 | |
Total Credit Hours: | 7.5 |
Taxation Concentration:
Seminar in Current Tax Topics | 1.5 | |
Tax Research | 1.5 | |
Corporate Taxation | 1.5 | |
Taxation of Flow-through Entities | 1.5 | |
Multi-Jurisdiction Tax | 1.5 | |
Tax Research II | 1.5 | |
Total Credit Hours: | 9 |
Advisory and Valuation Concentration
Financial Reporting Research | 1.5 | |
Valuation in Accounting Context I | 1.5 | |
Valuation in Accounting Context II | 1.5 | |
Seminar in Current Advisory Topics | 1.5 | |
Mergers & Acquisitions Accounting | 1.5 | |
Total Credit Hours: | 7.5 |
Additional accounting electives available to all MAc students (when offered):
Strategic Cost Analysis | 1.5 | |
Energy Accounting | 1.5 | |
International Financial Reporting and Global Markets | 3 | |
Professional Accounting Internship | 1-3 | |
Accounting and Public Policy | 1.5 | |
ESG Reporting & Assurance | 1.5 | |
Business Simulation | 1.5 | |
Managing Conflict for Results | 1.5 |
Students can select from any of the accounting electives that are part of each concentration as well as from a list of approved MBA courses to complete their 30 graduate credit hours.