MS in Business: Accounting
Frequently Asked Questions
How is Smith's MS in Business with a focus in Accounting Program different
from other accounting programs?
Unlike many typical MS programs, Smith's accounting program produces well-rounded
accounting professionals who have highly-developed leadership, teamwork, negotiating,
and communications skills. The program also enables students to tackle real-time
accounting issues facing companies through Action Learning Projects. Teams of students
and faculty work together to identify, analyze and solve current business issues,
while organizations receive expert consulting services. The Smith MSB in Accounting
program was designed by Smith faculty in consultation with a number of public accounting
firms to provide the skills needed by accounting professionals in today's challenging
legal and regulatory business environment.
What are the key accounting areas covered in the program?
Smith's curriculum is relevant and practical from day one. The program focuses
on such key issues such as internal audit application and practice; current trends
in corporate governance; the role of managerial accounting in overall management
planning and control structure; fraud prevention, deterrence, detection, and control;
and IT security, controls and auditing.
Is this an accredited degree I'll receive?
Yes. The Smith School of Business is accredited by the AACSB (American Association
of Collegiate Schools of Business) and your diploma will read Masters of Science
in Business and Management.
Are the program professors Smith School faculty?
Yes, the program is taught by many of the same world-class faculty who teach
in Smith's top-ranked MBA programs, along with industry practitioners.
What kind of access will I have to professors?
All professors will be available online and through scheduled appointments. You
will work in small groups with a Smith faculty member for your Action Learning Project.
How much of the program is done online?
None of the course work is done online. All teaching happens in the classroom.
Groups, however, may choose to work virtually between classes. Virtual team interaction
and group collaboration are facilitated through an online course management tool.
Are there electives?
Yes, on a limited basis. Depending on which track students choose, Internal Audit
or General Accounting. For example, students electing the General Accounting track
can replace Internal Audit courses with Master’s electives, pending approval from
the academic director.
How can I learn more about the program?
Please fill out the
Information Request Form.
When do classes meet?
The program accommodates both full-time students and working professionals, with
daytime/evening options (College Park campus), and weekend options (Shady Grove
campus). Classes at Shady Grove meet on Saturdays over four 14-week semesters. Completion
of the program takes 15 months. A typical Saturday class session begins at 9:00
a.m. and ends at 3:45 p.m.
Where are classes held?
Classes are held at two of our campus locations in Maryland – College Park and
Rockville (Shady Grove). The address for the Shady Grove campus is:
9640 Gudelsky Drive
Rockville, Maryland 20850
Learn more about the facilities at the Shady Grove campus.
Do I have to take the GMAT or GRE?
No. Because the school limits the size of each class, applicants are evaluated
on an individual and very personal basis. Therefore, a quantitative screening device
such as the GMAT or GRE is not required.
What is the deadline for application?
Go to the admissions page for the most up to date information on deadlines.
Who in my company should I talk to about sponsoring me and how do I explain
the program benefits to my company?
Seek out support at the highest levels - not just your immediate supervisor -
and be ready to point out the extra benefits of the Smith Accounting Program, specifically
the Action Learning Project. The Action Learning Project allows participants to
tackle real-time accounting and auditing issues facing their companies as part of
the coursework. In addition, the communications and management and organization
coursework has an immediate impact on participants' business communications and
How much does the program cost?
The tuition is approximately $46,000 for the Shady
Grove location. At the College Park location only, your tuition rate is
dependent on your residency status in the state of Maryland. If you qualify for
in-state tuition rates, your cost will be approximately $46,000. If you qualify
for out-of-state tuition rates, your cost will be approximately $54,000 for the
College Park location. These amounts do not include books and additional course
materials that are required to attend class. These tuition figures are based on
fall 2012 costs and will change for the fall 2013 term.
Is financial aid available?
Financial aid assistance is available through the
University of Maryland Office
of Financial Aid.
Can international students enroll in the MS in Business: Accounting program?
Yes. International students can enroll in the MS in Business: Accounting program.
Those requiring student visas must enroll in at least 8 graduate level credits to
be considered full-time.
What degree will my diploma list?
Each school calls various degree programs
differently, even if they have a commonly used name. At the University of
Maryland, graduates of the MSB program will have the degree name Masters of
Science in Business and Management listed on their diploma. You may list your
specialization (Accounting, Finance, Information Systems, Supply Chain
Management, or Marketing Analytics) on your resume.