How many credits do I need to complete the Master of Accountancy Program?
The University of Vermont’s Master of Accountancy Program is comprised of 10 courses and 30 credits, helping you meet the 150 credit hour requirements for CPA certification.
How long does it take to complete the MAcc program?
Students who meet the prerequisite requirements can complete the MAcc program in one year. International students will likely require two years to complete the program. The capstone course must be completed in the final spring semester of study.
Can I start the MAcc program anytime?
Students should consider applying for the summer semester to take advantage of the courses offered before the start of the fall semester. Spring admission is only permitted for students who plan to spend at least three semesters in the program.
When will I hear whether I have been accepted into the Master of Accountancy program?
Applications are reviewed after all supporting materials are received by the Graduate College. Complete applications are reviewed on a weekly basis.
What are the prerequisites for the MAcc program?
To be considered by the Graduate Studies Committee, applicants to the Master of Accountancy must meet the following minimum requirements:
- 4-year Bachelor’s degree
- 2.75 (4.0 scale) overall GPA
- 500 score on the GMAT (or the GRE equivalent)
- International students only: TOEFL of 90 or IELTS of 7.0.
NOTE: UVM and St. Michael’s Accounting or Finance students with a GPA>3.2 are exempt from the GMAT. The GMAT is waived for all applications for fall 2020 admission because of complications related to the COVID-19 crisis.
Average GPA and GMAT scores for applicants admitted for the past three years are 3.3 and 616 respectively. Our average TOEFL is 94.
- Macro Economics
- Micro Economics
- Business Statistics
- Principles of Financial Accounting
- Principles of Managerial Accounting
- Corporate Financial Accounting 1
- Corporate Financial Accounting 2
Students with undergraduate business degrees have likely completed most of the 8 prerequisite requirements. All applicants must complete the first six prerequisite courses prior to beginning the program. Students may complete Corporate Financial Accounting 1 & 2 as part of the MAcc program. This adds six (6) credits hours to the 30-hour program. Students choosing this option will complete the program in two years.
Is financial aid available for this program?
Scholarship opportunities are limited to those included on the MAcc Tuition and Financial Aid web page