MACC - Master of Accountancy: Taxation Concentration
Full admission to the MACC professional curriculum requires:
- An undergraduate degree in accounting, or the functional equivalent of an undergraduate degree in accounting from an AACSB-accredited institution.
- An overall grade point average (GPA) of 3.200 on a 4.000 scale.
- A grade of B (3.000) or better in all undergraduate accounting courses.
Applicants not meeting these criteria will be required to take the GMAT and obtain a satisfactory score. A satisfactory GMAT score is considered to be in the 25th percentile or higher for each section and for the overall score.
International applicants may have to complete significant additional foundational coursework beyond what may appear on a student’s transcript. This can include, but is not limited to, (re)taking business law, financial accounting, taxation, accounting information systems and auditing courses at Wichita State University.
Total degree requirements will vary and depend upon the specific course content of the undergraduate degree program. At a minimum, the candidate’s program must total 30 graduate-level credit hours beyond the bachelor’s degree, including 15 credit hours of accounting courses numbered 800 or above and a total of 21 credit hours in courses numbered 800 or above.1
In general, an undergraduate degree in business and an accounting major, equivalent to that offered at WSU is presumed. The following courses, or their graduate equivalents, must be included as part of the MACC degree program if not covered in the student’s bachelor’s degree:
Undergraduate Accounting/Business Curriculum
|ACCT 210||Financial Accounting||3|
|ACCT 220||Managerial Accounting||3|
|ACCT 310||Financial Accounting and Reporting: Assets||3|
|ACCT 360||Accounting Information Systems||3|
|ACCT 410||Financial Accounting and Reporting: Equities||3|
|ACCT 420||Intermediate Cost Accounting||3|
|ACCT 430||Introduction to Federal Income Tax||3|
|ACCT 580||Data Analytics for Accountants||3|
|ACCT 610||Financial Accounting and Reporting: Special Entities and Complex Issues||3|
|ACCT 630||Taxation of Business Entities||3|
|ACCT 640||Principles of Auditing||3|
|BADM 161||Business Software: Word||1|
|BADM 162||Business Software: Excel||1|
|BADM 163||Business Software: Access and PowerPoint||1|
|Select one of the following:||3-6|
|Legal Environment of Business|
|Business Law for Accountants I|
and Business Law for Accountants II
|DS 350||Introduction to Production and Operations Management||3|
|MIS 395||Management Information Systems||3|
|ECON 201||Principles of Macroeconomics||3|
|ECON 202||Principles of Microeconomics||3|
|ECON 231||Introductory Business Statistics||3|
|FIN 340||Financial Management I||3|
|MGMT 360||Principles of Management||3|
|IB 333||International Business||3|
|MGMT 681||Strategic Management||3|
|MATH 111||College Algebra||3|
|MATH 144||Business Calculus||3|
|Total Credit Hours||75-78|
Students electing a concentration in taxation must take the following courses:
|Accounting Core Courses|
|ACCT 815||Financial Accounting and Reporting: Contemporary Issues||3|
|ACCT 825||Management Control Systems||3|
|ACCT 835||Tax Research and Selected Topics||3|
|ACCT 840||Advanced Auditing||3|
|ACCT 860||Advanced Accounting Information Systems||3|
|ACCT 830||Taxation of Business Entities - Advanced Topics||3|
|ACCT 831||Taxation of Estates & Trusts||3|
|Select graduate electives, all outside of accounting 1||9|
|Total Credit Hours||30|
Note: all electives must be taken from within the Barton School of Business.
Electives must be selected to conform to AACSB standards for Master of Accountancy programs. MBA 802, MBA 803 and ACCT 801 are not eligible for the MACC elective credit. See the graduate coordinator of the School of Accountancy for more information.