Master of Accountancy
The Master of Accountancy program at LSU (MAcc) is a fifth-year professional program, the objective of which is to provide students with a greater understanding of accounting and business than is possible in an undergraduate program. The MAcc student will develop superior technical accounting knowledge, strong analytical skills, strong written and oral communication skills, and highly developed interpersonal skills. The program prepares students for careers as professional accountants in public practice, industry, financial institutions, government, and nonprofit organizations.
The MAcc requires 30 hours of non-thesis course work. The program is primarily designed for those with undergraduate preparation in accounting; however, exceptional candidates from other disciplines may be considered. Upon completion of the program, you should have completed Louisiana's 150-hour educational requirement for the CPA license.
Enrollment in the MAcc program is competitive with a faculty review process determining admission. The minimum admission requirements are:
- Admission to the LSU Graduate School.
- Admission requirements are a minimum overall GPA of 3.2 and a minimum score on the Graduate Management Admissions Test (GMAT) of 500 and a minimum Total Score of 1150 or a minimum GPA of 3.2 in the most recent 60 hours of completed coursework and a minimum GMAT score of 500 and a Total Score of 1200. Total Score is determine with the following formula: (GPA x 200) + GMAT.
- Applicants must have a minimum GPA in their accounting courses of 3.0.
- LSU accounting majors with an overall GPA of 3.7 or higher will be admitted into LSU’s MAcc Program without having to take the GMAT Exam.
- The completion of an undergraduate degree in accounting, or the equivalent, at a four-year accredited institution.
- Each applicant should either have an undergraduate degree in accounting (or the equivalent),
or an undergraduate degree other than accounting, but have completed the following
(or equivalent to the following) pre-requisite courses:
- Accounting 3001 - Intermediate Accounting Part 1 (has pre-requisites)
- Accounting 3021 - Intermediate Accounting Part 2 *
- Accounting 3221 - Income Tax Accounting *
- Accounting 3121 - Cost Analysis and Control *
- Accounting 3122 - Accounting Information Systems *
- Accounting 3222 - Auditing **
* Intermediate Accounting Part 1 is a pre-requisite for these courses
** Accounting Information Systems is a pre-requisite for this course
Application to the MAcc program begins with an application to the LSU Graduate School. You may apply online or contact the LSU Graduate School at 225-578-2311 for more information. The LSU Graduate School will forward your completed application to the Department of Accounting for admission consideration. The Department of Accounting does not require a writing sample or a statement of purpose.
The deadline for submitting an application for consideration into the MAcc program is October 15 for Spring entry and March 15 for Summer and Fall entry. The application must be complete, including the GMAT score and all letters of recommendation, to be considered. No applications will be evaluated before these dates. After these dates, applications may be considered on a rolling basis.
Letters of Recommendation
Three letters of recommendation are required from applicants who are not undergraduate accounting majors at LSU. Letters of recommendation do not have to be on any particular form and may be submitted online at the LSU Graduate School or sent directly to the MAcc Program Advisor. Applicants who are undergraduate accounting majors at LSU may submit letters of recommendation if they wish.
Students must take a minimum of 30 hours of graduate courses, including a minimum of 15 hours of accounting courses. Electives must be approved by the advisor of the MAcc program. An outline of the course requirements can be found under curriculum.
Students interested in concentrating their focus in certain specializations can do so. The MAcc program offers specializations in:
- Internal Audit
- Financial Reporting and Assurance Services
- Taxation Services
Please see curriculum for more information on the specializations.
A limited number of graduate assistantships are available for full-time students, which require 10 hours of work per week. If you wish to be considered for an assistantship, you may complete and return the application that will be included with your notification of acceptance into the MAcc program.
In an effort to prepare our students for the world of professional accounting, the Department of Accounting is offering its accounting majors the option of earning both a bachelors and masters degree and completing a spring internship in a five-year period. For more information on internships, see Employment & Internships.
Eligibility for CPA License
The LSU BS in Accounting program meets the Louisiana educational requirements to take the CPA exam. To apply for a Louisiana CPA license, students must also complete an additional 30 hours beyond the accounting BS program. Many students choose to earn the additional 30 hours by enrolling in LSU’s Master of Accountancy (MAcc) program. The State Board of CPAs of Louisiana will evaluate each applicant in its entirety to make a final decision regarding licensure. Additional non-educational requirements such as work experience and character references may apply. For more information, visit the Louisiana state board’s website at http://cpaboard.state.la.us.
The LSU Department of Accounting offers the accounting research and ethics courses that are required by the Texas State Board of Public Accountancy. Students completing both BS and MAcc degrees can meet the educational requirements to take the CPA exam as a Texas candidate as long as the required accounting research and ethics courses are taken as part of the coursework. The Texas State Board of Public Accountancy will evaluate each applicant in its entirety to make a final decision regarding licensure. Additional non-educational requirements such as work experience, fingerprinting, and character references may apply. For more information, visit the Texas state board website at http://www.tsbpa.state.tx.us.
Students who are interested in being licensed as a CPA in any other state besides Louisiana or Texas should contact the respective state board before enrolling in LSU’s accounting program. LSU has not determined whether this program meets the educational requirements for licensure in other states. Please contact email@example.com for more information.