Master of Accountancy
The Shorter University Master of Accountancy (MAcc) program is designed to provide professional preparation for the accounting industry through online classes. Many states/jurisdictions now require or will require 150 semester hours of education for obtaining the CPA certification. Shorter University's MAcc is a 30-semester hour program designed for individuals with an undergraduate degree in accounting or a related discipline. The program can be completed in one year and the program is 100% online.
Benefits: Certified public accountants today not only need to have a high level of technical competence, but must also have good analytical, communication, and interpersonal skills. According to the American Institute of Certified Public Accountants, "in most cases the additional academic work needed to acquire the technical competence and develop the skills required by today's CPA is best obtained at the graduate level. Graduate-level programs are an excellent way to more fully develop skills such as communication, presentation, and interpersonal relations, and to integrate them with the technical knowledge being acquired.
In addition, studies show that students with a graduate education have substantially higher success rates on the Uniform CPA Examination. Further, master's degree holders receive starting salaries that are approximately 10 to 20 percent higher than the starting salaries of those with only bachelor's degrees. Finally, evidence shows that promotions to manager and partner and to corporate managerial positions are increasingly going to individuals with master's degrees. Job Opportunities: According to the Bureau of Labor Statistics the job outlook for CPA's is expected to be much faster than average employment growth over the next decade. The employment of accountants is expected to grow by 22 percent between 2008 and 2018.
The tuition for the MAcc is $500 per credit hour.