Master of Accounting (MAcc) Programs
To be licensed as a certified public accountant (CPA) in most states, including Pennsylvania, individuals must complete 150 credit-hours of education. The Penn State Smeal College of Business offers two options for individuals to meet this educational requirement: the Integrated MAcc Program for Smeal accounting majors and the One-Year MAcc Program for students who have already earned a bachelor’s degree at Penn State or elsewhere.
Becoming a CPA opens doors to opportunities not only in accounting firms, but also across the business landscape. A master’s degree in accounting will prepare students to enter careers in public accounting, corporate accounting, management accounting, and governmental accounting, as well as corporate finance, financial analysis, and law enforcement. Combining graduate accounting coursework with a CPA certificate and any one of a number of undergraduate degree specializations facilitates entry to careers in consulting and advisory services.
The earliest opportunity to apply for the One-Year MAcc Program is in January of the undergraduate junior year. Offers of admission depend on satisfactory completion of remaining undergraduate coursework. The program spans the fall, spring, and summer semesters and culminates with the granting of a master’s degree in August.
The application period for the Integrated MAcc Program occurs early in the spring semester of the sophomore year during the undergraduate major selection period at Smeal. The program begins in the fall semester of the junior year and students graduate following the fifth year with both a master’s degree and bachelor’s degree in accounting.