Accounting & Information Management

Admissions

Applications for the Master’s of Accountancy are submitted through the University of Tennessee’s Graduate School. However, Haslam has application requirements specific to the MAcc.

Requirements

The admission decision is based on all factors that make up the total application, with consideration given to factors such as:
1. Academic record
2. Scores on the GMAT (unless waived), and TOEFL/IELTS for non-native English speakers 
3. Internships and/or work experience 
4. Recommendations

Prerequisite Coursework: Students with an accounting degree from an accredited baccalaureate degree program normally meet the prerequisite requirements. Students with outstanding undergraduate records in other areas may qualify by completing prerequisite course work in accounting, information management and business. All prerequisites must be completed prior to the start the MAcc program.

Prerequisite courses include:
Accounting 301 Introductory Financial Reporting
Accounting 311 Financial Reporting and Analysis
Accounting 321 Cost Management
Accounting 411 Financial, Compliance, and Operational Auditing
Accounting 414 Advanced Financial Reporting
Accounting 431 Federal Income Taxation
Finance 301 Financial Management
Information Management 341 Business Process Analysis

Additional courses may be required depending on the student’s academic background.

GMAT/GRE: Haslam undergraduate accounting majors are exempt from the GMAT requirement. This waiver also applies to students who take the prescribed accounting prerequisites above the principle level at Haslam.

English Language Proficiency: For applicants whose native language is not English, the MAcc requires submission of a TOEFL or IELTS score.

Tuition & Financial Aid

U.S. News & World Report recently ranked the University of Tennessee among the top 10 best buys in higher education. Forbes also ranked Knoxville as having the second lowest cost of living of all U.S. cities. An up-to-date schedule of tuition and fees for in- and out-of-state students can be found on UT’s Graduate School website.

Tuition and fees listed on the graduate school’s website do not include room, board, books and supplies or other living expenses. Estimates for other costs include:

MAcc Program Fee $4,500 total (payable $1,800 in fall/spring, $900 summer)
Becker CPA Exam Prep Fee $3,000
School Supplies $600 total
Computer $1,500-2,000 total
Recommended parking pass $182 per year
Rent $400-$900 per month
Health Insurance $2,222 total

Merit Aid 
Students will be expected to have a laptop computer for use in the program. Additional details concerning the hardware and software configurations required are posted on the departmental website. (We need to include this here. It’s not on the DEPT anyway.)

The Department of Accounting and Information Management awards scholarships on the basis of academic achievement and professional promise. Additional assistantships and fellowships offered through the university have varying eligibility requirements. No additional paperwork is required for these assistantships, fellowships or departmental scholarships, simply check the appropriate boxes on your admissions application.

Students also should apply for scholarships provided by the Tennessee Society of CPAs.

Financial Aid 
Learn about federal student loans and other need-based financial aid for graduate students at the UT Office of Financial Aid & Scholarships. Complete the FAFSA (Free Application for Federal Student Aid) by February 15.

Deadlines

Applications are accepted for fall semester only. The application deadline for international students and the priority deadline to be considered for graduate assistantships, fellowships and scholarships is February 1. All applications must be received before March 1.