Graduate Programs - M.S. in Accounting
The Master of Science in Accounting program is intended
to provide students with advanced training in accounting and other business
disciplines to begin or enhance careers in the accounting profession.
The University of Maine Business School is accredited by AACSB
International--The Association to Advance Collegiate Schools
of Business. It also satisfies the 150-hour requirement for sitting
for the CPA exam.
The program comprises 31 hours of graduate-level study: 7 required courses and 3 electives. The program will offer electives in business and public administration/not-for-profit/healthcare. It is anticipated that most students will elect the standard business electives. However, the faculty believe that some prospective students will also be strongly interested in pursuing the not-for-profit/health care electives. Recent discussions with partners and other employees from Maine's largest CPA firms have confirmed that these firms perform a significant amount of audit work and consulting for public, not-for-profit, and health care institutions in Maine. The Public Administration/Not-For-Profit/Healthcare electives will help prepare students for careers with CPA firms that audit these entities or for careers with governmental or other not-for-profit entities and health care providers. Students will select their elective courses in consultation with their advisors. Electives in other areas may be taken with the approval of the student's advisor.
For additional information, call or send e-mail to accounting@maine.edu.
Additional information is also available in the online graduate catalog.
Course Requirements
Required Courses:
(22 credit hours)
BUA 507 Advanced Accounting
BUA 515 Taxation of Business Entities
BUA 604 Residency Week
BUA 608 Accounting Theory/International Accounting
BUA 690 Advanced Auditing
BUA 622 Business Law for CPAs
BUA 651 Business Finance
Electives:
(9 credit hours)
BUA 409 Accounting for Government and Not for Profit Entities
BUA 601 Statistical Anyalysis & Modeling for Organizational Operations
BUA 605 Creating and Capturing Value in the Digital Economy
BUA 620 Political, Legal, Ethical Environment in Business
BUA 626 Behavior Analysis & Human Resources for Administrative Decisions
BUA 630 Industrial Relations & Personnel Management
BUA 631 Collective Bargaining
BUA 638 Model-based Decision Making
BUA 639 Contemporary Issues in International Business
BUA 645 Selected Advanced Topics in Business Administration
BUA 652 Management of Financial Institutions
BUA 653 Investment Management
BUA 654 Futures and Options
BUA 661 Knowledge Mangement & Decision Support Systems
BUA 664 Database and Data Mining in Industry
BUA 668 E-Commerce
BUA 676 Market Research and Analysis
BUA 697 Field Experience in Accounting - Cooperative Education
BUA 596 International Field Study (required for MBA program)
Public Administration/Not-for-Profit/Healthcare Electives:
PAA 540 Seminar in Public Financial Management I
PAA 600 The Environment of Public Administration
PAA 610 Methods of Analysis in Public Administration and Public Policy
PAA 615 Advanced Methods of Analysis in Public Administration and Public Policy
PAA 620 Program Analysis and Evaluation
PAA 625 Health Care and Human Services Policy and Administration
PAA 640 Seminar in Public Financial Management II
PAA 645 Financial Management in Health Care
PAA 655 Nonprofit Organization Management
Admission Requirements
Applicants must have a four-year bachelor's degree from a regionally- accredited institution. Applicants within 15 hours of graduation may be admitted on a tentative basis. Admission to the MS program is contingent upon completion of the undergraduate degree.
Applicants will be evaluated on the following criteria:
- Applicants must submit official GMAT or GRE scores taken within the last five years. Students are considered competitive with GMAT scores above 500. In addition, the Business School requires a 3.5 on the analytical writing portion of the exam. Students are considered competitive with GRE scores above 500 on each portion of the exam. In addition, the Business School requires a 4.0 on the analytical writing portion of the exam. Students who score below these standards will be asked to retake the exam before their application will be reconsidered.
- Applicants from non-English speaking countries must earn a score of 550 (213 on computer-based test) or above on the TOEFL exam. Students not meeting these requirements may be admitted on a conditional basis.
- A recommended GPA in accounting undergraduate courses of 3.0 or higher.
- Students are expected to have prior knowledge of management, finance, marketing, & statistics. This knowledge can be demonstrated by successfully completing college courses in these areas equivalent to BUA 325, BUA 350, BUA 370 & MAT 215. Students with out this knowledge can meet the requirement by completing on-line tutorials coordinated through the Business School Graduate Office and passing an assessment exam.
- Completion of the following University of Maine courses or their equivalent:
- BUA 201 Introduction to Financial Accounting
- BUA 202 Introduction to Managerial Accounting
- BUA 301 Intermediate Accounting 1
- BUA 302 Intermediate Accounting 2
- BUA 305 Cost Accounting
- BUA 310 Auditing
- BUA 312 Federal Taxation of Individuals
- ECO 410 Introduction to Economics or ECO120 Microeconomics and ECO 121 Macroeconomics
- Demonstrated computer proficiency (this requirement may be met by previous course work, by test or by taking appropriate courses during the masters program).
- A basic knowledge of college algebra and statistics is required.
Applicants should send the following to the Graduate School:
- Two copies of the completed application form with the fee.
- Three letters of recommendation.
- A current resume
- Two copies of official transcripts from all institutions attended.
- Official GMAT/GRE and TOEFL scores (for applicants whose native language is not English) from ETS
Apply
Online!
Download Application Forms
All
applications are in PDF format and require Adobe Acrobat Reader to view.
Arrangements for the Graduate Management Admission
Test may be made by contacting:
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