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MAcc Valuation

Events, application deadlines, class stats, tuition, financial aid, scholarships, admissions requirements and more

The Essentials Guide | 2012-13

“go-to” pr

Only one the entry-level talent ne valuation service lines. You’ Demand for young valuation services professionals—people with the specialized expertise to assess the value of a client’s business assets and obligations—is growing rapidly. And Vanderbilt offers the only one-year program that specifically prepares you for careers at this dynamic intersection of finance and accounting. Developed to meet the rising demand for talent, our MAcc Valuation program gives you exceptional preparation—including opportunities for paid, 10-week internships with one of our partner firms (Deloitte, Ernst & Young, Grant Thornton, KPMG and PricewaterhouseCoopers) that typically lead to careerlaunching positions after you graduate.

Russ Aiken

Ask those who know Russ and they will tell you spending time with people. Whether that mea his family, coaching football or working on a te loves it all. His current career goal? Working as valuation group after graduation.

MAcc Val

rogram meets eeds of today’s

’ve just found it.

“When you come in and meet the people–it’s surprising how close everyone is in the MAcc program after only knowing each other for a year. This is a place dedicated to helping individuals learn and grow in order to help us land our dream jobs.”

u how much he enjoys ans hanging out with eam project—Russ s an associate for a

luation

2013

Class

All Vanderbilt Business students have one thing in common: They’re different. But while there’s no risk that we’ll ever reduce students to statistics and averages, here are a few figures that may give you a picture of who your classmates might be.

List of Undergraduate Institutions n n n n n

Brigham Young University Davidson College Duke University Furman University Lipscomb University

n n n n n

Southern Methodist University University of Florida University of Texas University of Washington Vanderbilt University

Inaugural Class of 2013 Profile Class Size . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Average Age . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Undergraduate GPA Average . . . . . . . . . . . . . 3.7 GMAT Average . . . . . . . . . . . . . . . . . . . . . . . . . . . . 705 Women . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38%

Partial List of Undergraduate Majors* n n n n n n

Accounting Business Administration Economics Finance Financial Markets History

*For a complete list please visit owen.vanderbilt.edu/macc-valuation

MAcc valuation Cu FALL

S

Mod 2

Financial Modeling (2)

Financial Reporting II (2)

Financial Reporting I (2) Investments (2) Audit Institutions (1) Audit Engagement Documentation (1)

Taxation of Business and Investment Transactions (2) Research in Financial Reporting (2)

Mod 3

Winter Break

Mod 1 Immersion Week Audit Institutions (Continued)

Pre-Mod 1 Financial Economics (2) Communication, Leadership and Ethics in Accounting (1)

In just one year, the Vanderbilt MAcc Valuation program prepares r graduates for a career in the valuation service line of an internatio accounting firm. The rigorous curriculum balances the need for tec competence in finance and accounting with opportunities for prof development of client-facing skills.

Accounting Valuation Internship (8)*

Corporate Value Management (2)

Schweser CFA Exam Review and Level I Exam

(x) = credit hours * Students not participating in an internship will instead take electives Curriculum and course information is updated annually and is subject to change.

Schweser CFA

urriculum at a Glance

recent onal public chnical fessional

SPRING

SUMMER

5

Partner Firms

Advanced Management Accounting (2)

Deloitte. Ernst & Young. Grant Thornton. KPMG. PricewaterhouseCoopers. Vanderbilt’s five partner firms for the Master of Accountancy programs. These firms are recognized worldwide as “best places to launch a career.”

Introduction to Law and Business (2) Strategic Management (2) Advanced Financial Reporting (2)

A Level II Exam Review

Commencement

Mod 4 Schweser CFA Exam Review and Level II Exam

Becker CPA Review Course and CPA Exam

CFA CPA and

The professional exams you will prep for and take during the MAcc Valuation program.

Successful candidates will have strong academic performance in prior university studies, with significant, proven quantitative experience and aptitude. They will be able to demonstrate integrity and exhibit exceptional communication skills and carry themselves with professional composure and a mature professional presence. To be considered, all applicants will provide the following: n

Online application Undergraduate transcript n Graduate transcript (if applicable) n GMAT or GRE score (you may submit your application prior to taking the exam) n Essays n Two letters of recommendation n Resume n Interview (by invitation only) n

1st round interviews Select applicants are invited to interview with one of the MAcc Valuation program directors, via video call, phone or in person.

2nd round interviews Successful applicants will be invited to join us in Nashville for a second round interview and campus visit during an on-campus interview event.* *For dates see Admissions Events

Prerequisites: Students must have completed introductory courses in financial accounting, managerial accounting, statistics, corporate finance, microeconomics and macroeconomics; intermediate courses in statistics and microeconomics; and Calculus 1 and Calculus 2 from an accredited school, with a grade of ‘B’ or better. Additional prerequisites may be required on a case-by-case basis. Students may be admitted to the program before these requirements are met.

admissions

a

application deadlines We encourage you to apply as early in the admission cycle as possible.

Application Round

Deadline to Apply

Decision Deadline

1

October 8, 2012

November 16, 2012

2

November 5, 2012

December 20, 2012

3

January 14, 2013

February 20, 2013

4*

February 25, 2013

April 3, 2013

*U.S. citizens and permanent residents only Applications are accepted and reviewed after the 4th round on a rolling basis. Application fee of $50 is non-refundable and due at time of submission.

All on-campus events are by invitation only and are associated with the round in which you apply. Discover Weekends

A Discover Weekend is held Friday evening through Saturday and provides an opportunity to learn more about the program, hear from and network with representatives from the partner firms, and interact with current MAcc and MAcc Valuation students, faculty and staff. This weekend also offers joint social activities with prospective students for the MS Finance and MBA programs.

n n

Discover Weekend I (Application Round 1) – November 9-10, 2012 Discover Weekend II (Application Round 3) – February 8-9, 2013

MAcc and MAcc Valuation Open Houses

Open Houses are second round interview events scheduled from Thursday evening through Friday afternoon. Participants will learn more about the program and hear from representatives of our partner firms as well as interact with other applicants, current students, faculty and staff of the MAcc and MAcc Valuation programs.

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Open House I (Application Round 2) – December 6-7, 2012 Open House II (Application Round 4) – March 21-22, 2013

Welcome Weekend

Welcome Weekend is open only to those who receive an offer of admission and is an opportunity for admitted students to get to know their classmates and immerse themselves into the Nashville and Vanderbilt communities. Students will also have the opportunity to meet members of the MAcc partner firms during a reception and panel discussion.

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Welcome Weekend for the Class of 2014 – April 12-13, 2013

TUITION AND FINANCIAL AID Vanderbilt is pleased to offer ready access to financial aid. Additionally, merit-based scholarships may be awarded based on achievement and potential. With exceptional job placement made possible through our unparalleled network with the top professional services firms, the typical “payback� for the program is less than two years.

Estimated Expenses Tuition. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 45,000 Books/Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,788 Rent/Utilities (divide if shared). . . . . . . . . . . . . . . . . $ 9,468 Meals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,872 Personal* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,548 Transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,934 Loan Fees**. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,136 * Includes Vanderbilt recreation facilities and health insurance ** U.S. citizens only

2013

10,000

$

The number ofyear different majorsThe of Vanderbilt MAccearned The graduation for theundergraduate inaugural average income graduates. When building our class each year, we specifically class of the MAcc Valuation program. during a MAcc seek internship. students from diverse majors, so you will enjoy classmates from This program was designed by faculty in varyingfrom academic backgrounds response to a request our five partner and perspectives. firms to help develop entry-level talent for their growing valuation services lines.

VANDERBILT

vanderbilt business tm

the Vanderbilt MAcc Valuation Vanderbilt University | Owen Graduate School of Management 401 21st Avenue South | Nashville, TN 37203-2422 Telephone: 615.322.6509 | Fax: 615.343.1175 Email: maccvaluation@owen.vanderbilt.edu Hours: 8:30 AM – 5:00 PM, U.S. Central Time

08-2012

owen.vanderbilt.edu /macc-valuation

Š2012 Vanderbilt and the Vanderbilt logo are registered trademarks and service marks of Vanderbilt University. REV. 08/12 Vanderbilt University is committed to principles of equal opportunity and affirmative action. Visit owen.vanderbilt.edu for Vanderbilt University’s complete EEO and affirmative action statement.

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MAcc Valuation Essentials