Accountancy, MAcc
30-69 credit hours
The Master of Accountancy program is intended for students who have completed an undergraduate degree in accounting. The program is designed to provide the last 30 hours of the Lindenwood accountancy program; the program presumes that students have completed the undergraduate portion of the accountancy program or its equivalent. Completion of the Master of Accountancy, when added to the Bachelor of Science or Bachelor of Arts with a major in accounting, may satisfy the 150 credit hour requirement for the Uniform CPA Exam. Students whose undergraduate education is not equivalent to the Lindenwood accountancy undergraduate program may become eligible to complete the Master of Accountancy by taking additional courses as outlined by this program. (Students who aspire to become CPAs will be required to complete a total of 150 credit hours before sitting for the Uniform CPA exam. Any student who has not completed a Bachelor of Science or Bachelor of Arts with a major in accounting may be required to complete additional coursework at the graduate level in order to accrue sufficient credit hours before taking the Uniform CPA Exam.) Please consult an advisor in the Plaster School of Business & Entrepreneurship for further information on this option.
Note: This program is not yet accredited by ACBSP, as new business programs and cannot be considered for ACBSP accreditation until the program has been in place for at least two years.
Requirements
Foundation Courses
When a Master of Accountancy student’s undergraduate degree was not in business or the student’s undergraduate and/or post-graduate work did not contain at least 27 credit hours in sufficient business coursework, the student may be required to take additional courses in order to meet the 27 credits hours in non-accounting business courses. For those students who need to take additional coursework to meet this 27 credit hour rule, any of the following courses can be taken to satisfy this requirement:
Note: Courses are three credit hours unless otherwise indicated. It is also recommended that students avoid taking courses that may be equivalent to any previously completed coursework when fulfilling the 27 credit hour requirement.
Prerequisite Courses
In addition to the courses listed above, the following prerequisite courses may be required for (1) Master of Accountancy students who have not completed sufficient academic coursework in accounting or (2) students who have not earned a grade of B or better in courses previously taken from a regionally accredited institution in these content areas: financial accounting, managerial accounting, accounting cycle analysis, financial accounting and reporting I (upper-level intermediate), and financial accounting and reporting II (upper-level intermediate). For those students who need to take additional coursework, any of the following courses can be taken to satisfy these requirements:
Degree Requirements
To earn a Master of Accountancy, the student must complete the following degree requirements:
Foundation and prerequisite courses (0-39 credit hours)
Seven core courses (21 credit hours)
Three elective courses (nine credit hours), of which one shall be selected from the following options:
The remaining two electives shall be selected from among the following options:
Notes: 1) Either ACCT 51050 or ACCT 51055, whichever course was not already used to fulfill the first elective requirement, may be selected to fulfill this option. 2) Students can only earn credit for one internship as an elective.