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MS in Accounting

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The key to your future success is a graduate degree.

Today's corporate and general business environment is fast paced and ever changing—and accounting is its foundation. The Liautaud Master of Science in Accounting program is designed to position you to excel at accounting, by having key insights into an industry rapidly changing with new technologies. This leaves you prepared for a secure career in accounting or other areas of business that realize that accounting is indeed the true language of business.

So whether you are looking to complete your accounting education and sit for the CPA exam, or move into another career field, the UIC Liautaud MSA puts you on the path to achieving your goals.

You already have an undergraduate degree in accounting or business? Great. The MSA will give you new knowledge and insight to progress further in your career. 

You have another non-business degree? The MSA is uniquely suited for those looking to move into a new career with outstanding growth potential.

Our curriculum is flexible. It takes into account the undergraduate courses you’ve already taken, allowing you to obtain your degree in 8-16 courses (32-64 credit hours) depending on your background.

 

Important Dates

International Applicants

Domestic Applicants

Curriculum

Our MSA program prepares highly qualified individuals for professional careers in accounting, regardless of their field of undergraduate study, in a one- to two-year program.  The program’s objective is to prepare graduates for professional examinations, such as the CPA (Certified Public Accountant) and the CMA (Certificate in Management Accounting) exams.  The CPA is a valuable professional certification and can open many career paths, and the Liautaud MSA satisfies all educational requirements for the CPA. 

Why Graduate Accounting? With so many new rules, laws and regulations, it can be hard to be fully prepared for the CPA with only an undergraduate degree. The MSA from UIC Business will fully prepare you to sit for the exam, as evidenced by our consistently high pass rates.

Flexible Curriculum: We take into account the classes you've already had, so you won't have to retake what you've already learned. 

Meeting the Demands of New Technology: According to the American Institute of CPAs, the increase in business demands for highly technical accounting services has changed the face of the accounting workforce. UIC Business keeps you in demand by integrating the newest technology and methods into your coursework.

More Information

Program Outcomes

Today, accountants are much more than just human calculators, they are business consultants. Today’s accountants interpret data and use it to provide financial advice. They are counted on to be the expert in how to reduce costs and increase revenue. Our program blends research with real-world applications to bring you a degree that gives you that edge sought by many firms as they identify future leaders, partners and executives.

Career outcomes: Certified Public Accountant, Certified Management Accountant, public accounting, management accounting, government accounting, internal audit in public accounting firms, private industry, financial institutions, government and nonprofit accounting.

 

View Degree Requirements

Required Courses (5 courses, 20 hours)
Select five courses from the following:
ACTG417
Advanced Financial Accounting
ACTG446
Federal Income Tax II
ACTG456
Business Law II: Business Organizations
ACTG465
Governmental and Non-Profit Accounting
ACTG475
Database Accounting Systems
ACTG484
International Accounting
ACTG509
Business Law: Commercial Transactions
ACTG515
Accounting Theory and Paradigms
ACTG516
Financial Statement Analysis
ACTG525
Management Control of Strategic Performance
ACTG535
Advanced Auditing
ACTG537
Fraud Examination
ACTG545
Taxes and Business Policy
ACTG570
The Legal and Ethical Environment of Business
ACTG585
Corporate Valuation and Accounting Information
ACTG593
Accounting Research: Methodology and Communication
ACTG594
Special Topics in Accounting - Graduate
At least two courses must be from:
ACTG516
Financial Statement Analysis
ACTG525
Management Control of Strategic Performance
ACTG585
Corporate Valuation and Accounting Information
ACTG593
Accounting Research: Methodology and Communication
Accounting/Business Electives
Select any approved LGSB courses to bring the total credit hours to 32.
Foundation, Breadth, and Background Courses (11 courses, 44 hours) a
Students without an approved U.S. undergraduate degree in Accounting must complete the following 11 courses in addition to the above requirements:
Foundation Courses:
ACTG500
Introduction to Financial Accounting
ACTG474
Accounting Information Systems
IDS570
Statistics for Management
Breadth Courses:
Select three business courses other than accounting.
Background Courses:
ACTG435
Auditing
ACTG502
Financial Accounting I
ACTG503
Financial Accounting II
ACTG506
Management Accounting
ACTG508
Federal Income Tax - Graduate
a

All these courses may be waived based on completion of prior satisfactory equivalent study.

Program Faculty

Professor Sudhakar (Sid) Balachandran

Sudhakar (Sid) Balachandran

Director of MBA Graduate Studies
Head and shoulder photo of Gary Chen

Gary Chen

Assistant Professor in Accounting
Jason Chen, Assistant Professor in Accounting

Jason V. Chen

Assistant Professor in Accounting
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“Student organizations are central to the UIC Business experience. All of my strongest professional relationships come from the Accounting Club, which helped get me through my MSA to where I am today.”

Geraldine Deliva, Grant Thornton LLP
MSA '16

Top Employers

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Frequently Asked Questions

How do I apply for a joint degree program?

Joint degree applicants are required to apply separately to both programs, making sure to follow the application procedures/requirements for each program. We strongly encourage applicants to apply to one program at a time. We recommend applicants apply to their second program upon gaining admission and enrolling in their first program. 

When applying to the second degree program, applicants are also required to submit the Change of Graduate Program form, with Section I completed.

We recommend that joint degree applicants work closely with academic advisors in both programs to insure proper sequencing of coursework and to assist in transferring application documents to the second application to avoid double submission of application documents.