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THE

master of accounting Program Invest in your future.


WHY GET a

MaSTER OF aCCOUNTING aT KU

PROGRaM OVERVIEW

Earning a Master of Accounting not only expands a student’s education and job options, it amplifies earning potential and career advancement. On average, 90 percent of MAcc graduates secure a job by graduation. From coast to coast, in every major metropolitan area of the country, even the world, KU MAcc graduates find success.

The MAcc program offers a challenging curriculum, acclaimed faculty and opportunities for experiential learning that provide a comprehensive graduate program.

For students who have never considered accounting, a MAcc can be an excellent gateway into a career they’re passionate about through a route they never thought to explore. The MAcc program welcomes students from many different backgrounds — from psychology to environmental geology — who are looking to enhance their professional options. The opportunities for accounting professionals are diverse and limitless. Graduates find employment in many different areas of accounting.

oPPortunities for accountants

Program length Students with undergraduate accounting degrees can complete the MAcc program in one year. Depending on required prerequisites, non-accounting undergraduates can finish the program in one and a half to two years.

Audit

Financial reporting

Curriculum specialization

Consulting

Internal audit

Tax

Risk assurance

IT audit

Contract compliance

The MAcc program offers four different tracks of coursework, allowing students to specialize in assurance, tax, advisory/consulting services or corporate accounting.

Forensic accounting

Performance improvement

Personal financial planning

Mergers and acquisitions

Business valuation

Sustainability

cover photo: Features MAcc students Maggie Kopp, who

accepted a position in Audit at KPMG in Kansas City, and Zaine Williams, who accepted a position within the National Tax Practice at EY in New York City.

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Alumni of the MAcc program have been successful in local, regional and international public accounting firms, as well as industry, government and academia.

Each track requires 30 credit hours, but the number and type of required courses and electives in each track varies. Dual accreditation The Association to Advance Collegiate Schools of Business (AACSB) awards the highest standard of achievement in business education worldwide. Not only is the School of Business as a whole AACSB-accredited, but the accounting program also holds the distinction. Less than 5 percent of the 15,000 business programs worldwide earn an AACSB accreditation, and even fewer programs are dually accredited. Attending an AACSB-accredited program ensures students receive relevant coursework taught by highly qualified faculty who are working on the most current issues in the profession.


Macc TRaCKS Within the MAcc program, students choose from one of four specialized areas of study, or tracks, including assurance, tax, advisory/consulting services, or corporate accounting. Students with a non-accounting undergraduate degree will take an additional set of classes prior to their track coursework. Detailed track curriculum can be found at macc.ku.edu/tracks.

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aSSURaNCE (aUDIT)

CORPORaTE

The Assurance (Audit) track curriculum prepares students for a career in external audit at public accounting firms. External auditors examine financial records and assess internal controls to ensure a company’s financial statements are presented fairly and in accordance with generally accepted accounting principles.

The Corporate track curriculum prepares students for a career outside of public accounting, including private industry, not-for-profit and government. Typical entry-level positions are in the areas of corporate accounting and internal audit.

Jack Chalfant Assurance Senior, EY, Chicago By auditing multiple companies in various industries, I’ve learned a lot about each individual company and industry, but more importantly about how businesses operate in general.

Erinn Schaiberger Colaianni Senior Financial Analyst, SiriusXM Satellite Radio, Washington D.C. I was interested in being on the ground floor of a public company. The vast range of knowledge from my MAcc degree helped me seamlessly transfer into the corporate world.

aDVISORY/CONSULTING SERVICES

TaX

The Advisory/Consulting Services track curriculum helps students develop the skills necessary to become successful advisors in a complex and diverse business world. Advisory and consulting services careers vary greatly and include risk management, IT audit, performance improvement, fraud and forensics, business valuation and mergers and acquisitions.

The Tax track curriculum prepares students to meet the demands of a career in taxation, including positions in public accounting or corporate tax. There are many opportunities to specialize as a tax professional, including state and local tax, international tax, transfer pricing and estate and trust planning.

David Sanchez Risk Assurance Director, PricewaterhouseCoopers, Kansas City I chose risk assurance because I had a strong interest in how businesses use systems and controls to support the financial and operational goals of an organization. I work on everything from IT to governance compliance.

David Dummermuth Tax Managing Director, KPMG, Kansas City I like the problem solving aspects of tax. I’ve worked my entire career in public accounting as a tax and business advisor to my clients.

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Macc COURSEWORK Each track requires coursework selected to support a particular career specialization. Depending on a student’s chosen track, coursework could include: non-accounting graDuates

courseWorK oPtions

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Advanced Auditing

Systems Analysis and Design

Risk and Internal Controls

Information Security

Advanced Accounting Problems

Contemporary IT Topics

Current Issues in Financial Reporting

Project Management

Advanced Managerial Accounting

Business Consulting

Fraud Examination

Advanced Tax

Governmental Accounting

Corporate Tax

Accounting for Not-for-Profits

Tax Research

International Financial Reporting Standards

Tax Planning

Internal Audit

Business Law

Business Valuation

New Venture Creation

The MAcc program is open to students who didn’t study accounting as undergraduates. For those considering a career change or wanting to obtain a skill set that is in high demand, earning a MAcc degree is possible in 2 years or less. Non-accounting undergraduates must complete a set of core business and accounting courses as a part of their MAcc program. Business core:

Managerial Economics Introductory Business Law Statistics Finance Operations Management/Supply Chain Marketing Organizational Behavior

Accounting core:

Fundamentals of Financial Accounting Fundamentals of Managerial Accounting Intermediate Financial Accounting Intermediate Managerial Accounting Taxation for Individuals Auditing

Rosalina Romero, BA in Psychology Senior Analyst, Capital Planning and Finance, Union Pacific, Omaha In the MAcc program, I learned basic tenets of business while developing a technical skill set that could be applied in many aspects of the business and accounting world.

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THE

Macc EXPERIENCE Award-winning faculty MAcc faculty consistently win prestigious awards for their research and teaching. The faculty’s commitment to research not only means students are learning the most current information, they’re learning from the researchers who’ve created it. Faculty have received numerous teaching awards given by the School of Business and the University, reflecting their dedication to teaching. Classroom environment Small class sizes facilitate an interactive, discussion-oriented classroom experience. Although the majority follow a traditional in-class model, limited online and hybrid classes provide flexibility and convenience to student schedules. Teaching assistantships MAcc students contribute to the program as research, graduate and teaching assistants. These roles provide students opportunities to connect with faculty and fellow students as well as develop leadership and professional skills. XPlore Program For students interested in pursuing careers outside of the Kansas City area, the XPlore program gets their foot in the door. These sponsored trips to major markets, such as New York City, San Francisco and Seattle, give students a chance to meet employers and learn about career opportunities in person.

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Community service Giving back to the community is an important part of the accounting profession, and the MAcc program makes it an important part of student life, too. From the MAcc orientation to graduation, students volunteer with local organizations such as Lawrence Humane Society, Hidden Valley Girl Scout Camp and Toys for Tots. Social events The KU MAcc program isn’t all work and no play. From basketball watch parties to alumni mixers, students enjoy participating in many social activities to build relationships with classmates and alumni that will last a lifetime. MAcc Ambassadors From planning social events to providing input on new initiatives, MAcc Ambassadors volunteer their time to share the student perspective. As student leaders, they represent the MAcc program and build a strong student community. Study abroad KU MAcc students travel the world in graduate short-term study abroad programs that focus on global business practices. Recent program locations include Costa Rica, China, India, Israel, France and Panama.


THE JaYHaWK BRaND EGREE REQUIREMENTS MAcc students have access to a powerful worldwide alumni base. With a high placement rate by graduation, MAcc graduates are employed in major metropolitan areas across the country and world.

Recent MAcc

graduates placed coast to coast

Notable alumni

add to rich KU accounting program history

Diane Yetter Founder of YETTER sales tax and technology consulting firm, founder of The Sales Tax Institute think tank, named one of Accounting Today’s Top 100 Most Influential People in accounting Tony Batman Founder and CEO of 1st Global, named one of Accounting Today’s Top 100 Most Influential People in accounting, named one of Investment Advisor’s Top 25 people in financial services, KU School of Business Distinguished Alumni Howard Cohen Deloitte audit lead client service partner, KU School of Business Distinguished Alumni, KU Endowment Board of Trustees, KU Capital Campaign Organizing Committee More notable alumni

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%

Averaging more than 90 percent placement by graduation

Frank Friedman CFO and Managing Partner of Finance and Administration, Deloitte, 2011 - Present Ed Kangis Global Chairman and CEO, Deloitte, 1989-2000 Larry Horner Chairman and CEO, KPMG, 1984-1990 Bill Kanaga Chairman, Arthur Young (now EY), 1979-1985 Chester Vanatta Vice Chairman, Arthur Young (now EY), 1980 -1985 Terry Putney Vice President, H&R Block, 1998-2004 Hearld Ambler CEO and Managing Partner, BKD, 1976-1986

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LAWRENCE & KU

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University of Kansas

Living in Lawrence

A member of the prestigious Association of American Universities since 1909, KU consistently earns high rankings for its academic programs. KU is a major public research and teaching institution of 28,000 students and 2,600 faculty on five campuses (Lawrence, Kansas City, Overland Park, Wichita and Salina).

Lawrence boasts art galleries, museums, performance halls, global cuisine, lakes, trails, Division I athletics and proximity to Kansas City. The University of Kansas lies at the center of the community and infuses an already vibrant city with vitality and diversity.

Considered one of the most beautiful campuses in the nation, KU’s central campus occupies 1,000 acres on and around historic Mount Oread in Lawrence, a community of about 90,000 in the forested hills of eastern Kansas. Ten of KU’s 13 schools are based here, as are internationally recognized research centers and laboratories.

Lawrence is ranked No. 8 on the list of the 75 Best College Towns.

— American Institute for Economic Research

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FOR

SETTING YOU UP SUCCESS Career services The majority of MAcc students find employment through the school’s Business Career Services Center (BCSC). In addition to career advising and support, the BCSC provides MAcc students with career fair preparation, employer roundtables, mock interviews and resume reviews. Passing the CPA exam CPA certification is a prestigious professional credential recognized worldwide. And although MAcc graduates may not need the certification for their first job, it may very well be necessary to advance within their accounting career. The KU MAcc program supports passing the CPA exam before starting work so there’s no impediment to career advancement. The MAcc coursework fulfills the requirements to sit for the CPA exam in Kansas, Missouri and most other states. A Becker review course, taught by KU faculty, is integrated into the spring semester, helping students consistently achieve a high pass rate on the CPA exam.

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aDMISSIONS Admission to the MAcc program is competitive based on the following criteria: 1. Overall GPA 2. Accounting GPA (if applicable) 3. GMAT score 4. Internship/work experience 5. Activities/leadership 6. Letters of recommendation 7. Essays Find out more about the application process at macc.ku.edu/admissions. Scholarships are available based on academic merit and financial need. Learn more about funding a MAcc degree at macc.ku.edu/fees.

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master of accounting 1300 sunnyside ave. 350 SummerďŹ eld Hall Lawrence, Ks 66045-7601 Phone: (785) 864-7558

bschoolmacc@ku.edu macc.ku.edu Follow us at @KUMaccProgram


The Master of Accounting Program