Offered by the Kogod School of Business, the MS in Accounting program provides advanced study for students with undergraduate accounting degrees who seek a fifth year of professional education to satisfy 150-hour CPA licensure requirements. The program is also sufficiently flexible to prepare both students with non-accounting undergraduate business degrees and those with non-business undergraduate degrees for accounting careers in a variety of organizational settings. The program may be completed on a full- or part-time basis.
Admission to the Program
In addition to meeting the minimum university requirements for graduate study, applicants must have earned an undergraduate bachelor's degree from an accredited institution with a satisfactory grade point average. Applicants may also need to submit a GMAT or GRE score; please visit http://www.american.edu/kogod/admissions/ for more information. Applicants whose first language is not English must have a satisfactory score on the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS).
- 30-37.5 credit hours of approved graduate work depending on the student's prior education, including a minimum 15 credit hours in graduate accounting courses and 15 credit hours in graduate business courses.
- Students entering the program with an undergraduate accounting degree ordinarily satisfy the degree requirements by completing a minimum of 15 credit hours in graduate accounting coursework and 15 credit hours in graduate elective courses that can be used to develop complementary expertise in a related field, such as taxation, assurance, or forensic accounting.
- Students with non-accounting undergraduate degrees may be required to complete both additional accounting courses and foundation courses in economics, finance, and applied statistics, up to a maximum of 37.5 credit hours.
- Academic advising and individualized program planning are critical steps in ensuring that students get the most from the MS in Accounting program. On admission to the program, students will consult with the program director to design an approved program of study that meets both program goals and individual academic and professional objectives.
Foundation (0-13.5 credit hours)
Across bachelor's and MS in Accounting degrees combined, student must complete the following. Students with undergraduate degrees from AACSB-accredited business programs are presumed to have satisfied this requirement. All or part of this requirement may be waived for other students who have completed comparable courses in accounting, economics, finance, and/or statistics.
- ACCT-607 Financial Accounting (3) 3
- ACCT-609 Management Accounting (1.5) 1.5
- FIN-614 Financial Management (3) 3
- ITEC-610 Applied Managerial Statistics (3) 3
- ECON-603 Introduction to Economic Theory (3) 3
- FIN-605 Managerial Economics and Corporate Strategy (3) 3
Accounting (27 credit hours)
Across bachelor's and MS in Accounting degrees combined, students must complete a minimum of 27 credit hours in accounting courses including the following or the equivalent. All students must complete a minimum of 15 credit hours in graduate accounting courses.
- ACCT-604 Tax Planning for Individuals (3) 3
- ACCT-611 Cost Accounting for Strategic Management (3) 3
- ACCT-623 Business Law (3) 3
- ACCT-641 Corporate Financial Reporting: Operations (3) 3
- ACCT-642 Corporate Financial Reporting: Financial Transactions (3) 3
- ACCT-649 Contemporary Assurance and Audit Services (3) 3
- ACCT-780 Seminar in Accounting Theory (3) 3
- 6 credits hours of additional approved accounting courses, which may include up to 3 credit hours from foundation accounting courses
Electives and Specialization (0-15 credit hours)
- 0-15 credit hours in graduate accounting and related business courses. Elective courses can be selected to develop expertise in a related field, or to develop specialized expertise in financial reporting and assurance, forensic accounting, or taxation. Any course taught outside of the Kogod School of Business must be reviewed and approved by the program director to determine applicability toward MS in Accounting requirements.
American University offers students the opportunity to earn both undergraduate and graduate degrees through its combined bachelor's/master's programs. Advanced undergraduates admitted to a combined degree program that includes a master's degree from Kogod are eligible to take graduate-level courses and may apply up to 9 graduate credit hours earned as an undergraduate toward the requirements for both degrees. See Combined Bachelor's and Kogod School of Business Master's Programs for more information.