Accountancy, M.S.

The Master of Science in Accountancy is designed to provide students with the competencies necessary to begin careers as outstanding professional accountants. The program is primarily designed for students with an undergraduate major or minor in accounting.

Graduates of the program will demonstrate competency in financial accounting, tax accounting, and in other skills needed to enter the profession. MACC students will also use their technical skills to provide valuable community service to local residents through the Volunteer Income Tax Assistance program. Students will complete intensive and challenging coursework to prepare them for careers in assurance, tax, financial accounting, and advisory services. MACC graduates will also be well prepared to sit for the CPA examination.

CPA exam eligibility and licensing criteria vary on a state by state basis, and can be found at www.nasba.org. Ohio requirements can be found at http://acc.ohio.gov/CPAExam.aspx. See Xavier’s Professional Licensing Disclosure at https://www.xavier.edu/professional-licensure/.

Curriculum

Students with an undergraduate degree in accounting will be required to complete 30 credit hours from the three primary program components:

MACC 515 Nonprofit & Governmental Accounting
MACC 529 Advanced Financial Accounting
MACC 612 Volunteer Income Tax Review and Advising
MACC 616 Taxation of Flow-Through Entities
MACC 620 Law and Professional Ethics
MACC 641 Capstone Seminar I
MACC 642 Capstone Seminar II
Three other graduate course electives from MACC 500 or above, BAIS 600 or above, and FINC 600 or above
Students who have taken equivalent courses will substitute graduate-level electives.

Students with an undergraduate degree other than accounting will be required to complete from 30-45 credit hours, depending on prior coursework. This includes the seven required MACC-designated courses listed above (21 credit hours).

The following courses or their equivalents must also be taken (up to 24 hours, depending on the student’s prior coursework). Up to three of these courses may be taken to fulfill the graduate course electives.

MACC 504 Analysis of Accounting Systems
MACC 507 Financial Accounting and Reporting I
MACC 508 Financial Accounting and Reporting II
MACC 511 Introduction to Taxation
ACCT 550 Managerial Accounting
MACC 590 Auditing
FINC 550 Fundamentals of Finance
BAIS 500 Business Statistics

Concentration

Optional concentrations are available:

Business Analytics concentration: 3 courses (9 credit hours) from the following:
- BAIS 630 Robotic Process Automation
- BAIS 655 Business Intelligence
- BAIS 659 Foundations of Security
- BAIS 665 Business Analytics for Managers
- BAIS 674 Database Management
- BAIS 680 Intro to Data Mining
- BAIS 689 Data Visualization
Finance concentration: 3 courses (9 credit hours) from the following:
- FINC 600 Managerial Finance
- FINC 602 Investment Management
- FINC 621 Options and Futures Markets
- FINC 640 Purchase, Sale and Valuation of Closely-Held Firms
- FINC 645 Mergers and Acquisitions
- FINC 663 Fixed Income & Debt Management
- FINC 664 Bond Portfolio Management
- FINC 684 Financial Modeling