Accelerated Master of Accounting and Accelerated Master of Science in Taxation
The Accelerated Master of Accounting (MAcc) and Accelerated Master of Science in Taxation (MST) programs are designed specifically for University of Miami undergraduate business students. These programs enables high achieving accounting students who have accelerated their education by taking advanced courses in high school, testing out of classes, taking increased course loads or going to summer school, to start their graduate work while seniors so that they can complete both their bachelor and master degrees, and make significant progress on the CPA exam (if not complete it entirely) within 4½ years.
Please see the other pages of this website including the frequently asked questions and contact the Director of Accounting Master’s Programs, Michael Werner at email@example.com for additional information.
Offered in Three TracksThe Accelerated Program is offered in three tracks and students select their track during the spring semester of their senior year of undergraduate study. Each track requires distinct elective coursework:
- Master of Accounting - Assurance Track - for those planning to go into public accounting
- Master of Accounting - Corporate Accounting Track - for those planning careers as controllers/CFOs or financial analysts
- Master of Science in Taxation- for students planning a career in taxation, whether in public accounting, private industry, or government
- Apply to accelerated program by September 30 of junior year
- Fall semester of junior year, apply for summer internship
- Internship in summer after junior year
- Twelve credits of work in senior year will count towards the graduate degree (only students in the accelerated programs will be permitted to take these classes during their senior year).
- In the spring semester of the senior year, apply to graduate school.
- In summer after senior year take one graduate course, CPA review course, and CPA exam.
- Complete remaining credits of graduate work in fall semester after senior year.
The curriculum for the senior year is the same for all tracks (except that students selecting the MAcc-Corporate track before the spring semester of their senior year will take a finance course instead of ACC 643) and includes the following graduate courses in addition to the undergraduate courses needed to complete the undergraduate degree:
Graduate Courses – Fall Semester Senior Year
ACC 524 Accounting for Governmental and Not-for-profit Entities (2 credits)
ACC 530 International Financial Reporting Standards (1 credit)
BSL 691 The Public Corporation (2 credits)
BUS 602 Critical Thinking and Effective Writing (1 credit) (May be offered in the spring semester instead of the fall.)
Graduate Courses – Spring Semester Senior Year
ACC 522 Advanced Issues in Auditing (3 credits)
ACC 643 Tax Research (2 credits)
BUS 603 Critical Thinking and Effective Presentations (1 credit)
Students must select their track (MAcc-Assurance, MAcc-Corporate, or MST-Taxation) by the spring semester of their senior year before registering for their final fall classes. Note that students selecting the MAcc-Corporate track must have taken FIN 303 in order to take the graduate finance courses required for the track.
Admission to the Accelerated Master Programs
- Prospective students apply to the accelerated program when they apply for admission to the University of Miami.
- SAT scores should meet or exceed 1400; high school unweighted GPA should meet or exceed 3.75.
- Students are required to have an overall and accounting GPA of 3.0 or higher by their junior year in college and to maintain this GPA after their junior year.
- Students will need to have completed 102 credit hours by the start of their senior year.
Current University of Miami Undergraduate Accounting Majors
- Students apply to the accelerated program by February 1 of their junior year.
- Admission to the program will be primarily based on GPA, and letters of recommendation. It is expected that the students admitted to the program will have GPAs exceeding 3.5, but students with these scores are not guaranteed admission. The decision will depend on the quality and size of the application pool.
- After admission, students must maintain an overall GPA of 3.0 or higher and an accounting GPA of 3.0 or higher to remain eligible.
- Students will need to have completed 102 credit hours by the start of their senior year including ACC 301, ACC 311, ACC 312, ACC 402, ACC 403, and BSL 301.
Students in each of the Accelerated MAcc tracks have the opportunity to add an International Designation to their program of study. Requirements for this program include one semester of study abroad while an undergraduate, an international internship, additional courses in international business, and fluency in a foreign language. This emphasis will be highly selective because of the limited number of available international internships.
International Designation Requirements
Admission to this accelerated program is expected to be more competitive given the small number of international internships that will be available.
Incoming Freshman Admission Requirements
Applicants must meet the freshman admission requirements of the accelerated program as well as:
- Maintain an overall GPA of 3.00 or higher and an accounting GPA of 3.25 or higher,
- Demonstrate proficiency in a second language.
Current University of Miami Undergraduate Accounting Major Admission Requirements
Applicants must meet accelerated program admission requirements as well as:
- Have an overall and accounting GPA of 3.5 or higher,
- Demonstrate proficiency in a second language,