Frequently Asked Questions
Can you explain the program to me?
The Master of Accountancy program is designed to empower students to achieve a successful career in accounting. This accelerated program consists of ten advanced accounting and business courses for a total of 30 credits to complete the program. This includes a required core of five accounting courses (15 credits) and five elective courses (15 credits). For students who want to specialize their degree, students may opt to pursue a three-course track in tax or data analytics.
Where does Stetson offer the Master of Accountancy program?
The MAcc program is available wherever you are. Our program is offered completely online. Courses include weekly synchronous sessions, which are recorded. There is no residency requirement.
When are Master of Accountancy classes normally offered?
All MAcc courses are offered consecutively in accelerated five-week sessions. Other graduate business courses are offered in seven- or eight-week sessions. Courses are offered back to back, and you will take one course at a time. Live-online weekly synchronous sessions are held throughout the program at the discretion of the instructor.
Online course materials are available online 24 hours a day, seven days a week.
Is the program available for working professionals?
The program may be taken on a part-time or full-time basis. This online program is ideal for working professionals because it is offered in a flexible online format, although work experience is not required for admission to the program.
How long does it take to complete the program?
The program can be completed in as little as one calendar year of full-time study. If you prefer a slower pace, you can speak with your advisor about a plan for completion on a part-time basis.
When can I start?
The MAcc program has three start dates throughout the year. You can start the program in the fall, spring or summer semester.
What are the admission requirements?
Successful candidates generally have a 3.0 minimum undergraduate GPA (overall and in accounting) and a 520 minimum on the GMAT (including scoring at the 30th percentile or above on both the quantitative and verbal sections and at least a 4 on the Analytical Writing Assessment section) or the equivalent GRE scores. The GMAT/GRE is generally required of all applicants, although it may be waived under certain circumstances.
- Online Application Form
- Application fee ($50)
- Official Transcripts
- Professional Resume
- Two Letters of Recommendation
- Professional Statement
- GMAT or GRE Scores
- TOEFL (90+)/IELTS (7.0+) Scores- required for all International Students
What if my GMAT is below 520?
Admission to the program is competitive. As such, students should consider retaking the GMAT to achieve the most competitive score possible. We take a holistic approach to the application review and look at all aspects of your application, including GPA, GMAT score, work experience and recommendation letters to facilitate a well-rounded, unbiased decision. As an alternative to the GMAT, you can consider taking the GRE, which may be better aligned with your strengths.
What is required for a GMAT/GRE waiver?
GMAT/GRE waivers may be granted for the following reasons:
- passage of the U.S. Uniform CPA examination prior to admission
- possession of a graduate degree in a business or related/equivalent field (graduate business degrees must be earned from an AACSB-accredited institution)
- significant, meaningful accounting-related or business-related work experience at the management level
For Stetson University accounting majors, candidates graduating with an undergraduate degree in accounting from an AACSB-accredited institution*, or candidates from an official “partner” institution*, a 3.25 or higher undergraduate GPA (overall and on all upper-division accounting courses completed) is required for waiver consideration.
*These candidates will only be considered for provisional admission.
Can I take MAcc classes while taking foundation classes?
Business foundation courses must be completed prior to entry into the program. Accounting foundation courses must also be completed prior to completion of the program. Certain accounting foundation courses are prerequisites for advanced accounting courses and must be completed before enrolling in the advanced course.
Do I need to have an undergraduate degree in accounting or business administration?
It is not a requirement, but you must have met the foundation requirements in business and accounting courses.
What if I don't have all the foundation courses?
You must take the foundation courses at a regionally-accredited school either through regular courses, distance learning courses or online courses. Stetson University offers a post-baccalaureate program to complete the missing foundation requirements.
After completing the MAcc, will I meet CPA certification requirements?
Courses completed in the MAcc program, coupled with your accounting and foundation courses, will typically allow you to meet the CPA educational requirements in most states. To become certified, you must pass the CPA exam and in many states also meet an experience requirement. The MAcc program can be helpful in preparing you to take the CPA exam.
After I apply, how long will it take to receive notification on admission?
Once your application for admission and all of the required supplemental materials have been received, you should receive notification within approximately two weeks.
Can I transfer graduate credit from another university?
You may transfer up to six credit hours of coursework completed at an AACSB-accredited university before admission to the program. The earned grade must be a B (not B-) or better to be eligible for transfer. The coursework cannot be transferred from a previously completed graduate degree program. Transfer credit is subject to review and approval by the Director of the Master of Accountancy Program.
Is financial aid available?
Financial aid information may be found online at the Stetson University Office of Student Financial Planning, by emailing the office at [email protected] or by calling 386-822-7120 or 800-688-7120. You should also check with your employer to learn if tuition reimbursement benefits are offered. If you plan on utilizing your company's tuition reimbursement plan, please notify us so that we may better facilitate that process.
Where do I send the application?
The application for admission can be submitted online.
Certain supplemental materials (e.g., transcripts and GMAT/GRE/TOEFL scores) should be sent directly to Stetson University’s Graduate Admissions office from the originating institution or testing center; other materials (e.g., essay, recommendations, resume) are submitted electronically during the application process. Your graduate admissions recruiter can help answer any questions about the admissions process and can assist with documents.