Accountancy, MS

for the degree of Master of Science in Accountancy

department office: 360 Wohlers Hall, 1206 South Sixth, Champaign, IL 61820

phone: (217) 333-0857

department catalog page: Accountancy

department website:

overview of graduate college admissions & requirements: Graduate Admissions

overview of college admissions & requirements: Gies Catalog

college website:

The University of Illinois at Urbana-Champaign has consistently ranked among the top accountancy schools in the United States. The Public Accounting Report and Accounting Degree Review have rated the Illinois graduate accounting program as one of the top accountancy masters programs in the United States.

The MS in Accountancy (MSA) program offers a one year accounting degree. Our students include those with limited prior accounting education as well as students with an undergraduate degree in accounting. The MSA core curriculum applies to all of our students. However, for those students who have previously taken significantly equivalent courses to any of those in our core curriculum, we will work with our students to find a suitable replacement to recognize the sufficiency of their prior accounting education. Our MSA program prepares students for success in accounting careers and provides the academic prerequisites for candidates who wish to take the United States Uniform Certified Public Accountant (CPA) exam.

The MSA program begins in June each year with Summer Session II.


ACCY 501Accounting Analysis I4
ACCY 502Accounting Analysis II4
ACCY 503Managerial Accounting4
ACCY 504Auditing4
ACCY 505Federal Taxation4
or substitute graduate accountancy courses approved by a program advisor
Graduate electives with at least 4 hours credit in a non-accountancy graduate course12
Total Hours32

Other Requirements1

Other requirements may overlap
Minimum 500-level Hours Required Overall: 20 (of the total 32 required)
Students shall earn at least 24 of the 32 total graduate hours while enrolled in the Graduate College at Urbana-Champaign.
Electives shall form a coherent program of study approved by a program advisor.
Minimum MSA program coursework cumulative GPA, both by semester and program overall 3.0
Minimum MSA accountancy coursework cumulative GPA, both by semester and program overall 3.0

An optional CPA Review course (ACCY 398) is available. The credit hours for the CPA Review Course do not count towards the 32 credit hours required to graduate.

International students with TOEFL scores below 613 (paper-based), 257 (computer-based), or 103 (internet-based), or IELTS score below 7.0, are required to take the English Placement Test (EPT) when they arrive on campus. After taking the EPT, most students are required to take a Business English course sequence. For these students, completion of the ESL course sequence is mandatory but does not count towards the 32 hour degree requirement.