How is Smith's MS 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 Smith Master of Science 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, depending on the track selected and enrollment, focuses on such key issues such as compliance and financial reporting; 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; taxation; 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 (Association to Advance Collegiate Schools of Business) and your diploma will state your degree as Master of Science in Accounting.
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.
How much of the program is done online?
None of the course work is done online. While all teaching happens in the classroom, learning occurs in many environments. 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, the number of credits of electives depends on which track students choose. The tracks are, subject to enrollment, internal auditing, public accounting, general accounting, or tax.
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 students who are working professionals on the College Park Campus The MS in Accounting program can be completed in either 12 months or 16 months, depending on your track selection.
Where are classes held?
Classes are held at our campus in College Park, MD.
Is the application online, and is there an application fee?
Yes, the entire application process is online and the application is $75.
Do I need to submit an essay?
Yes, the written essay should articulate your qualifications and motivation for pursuing advanced education.
What is the video response?
The purpose of the video response is to assess your business communication skills and is a way for the admissions committee to get to know you in addition to your written essay. A link to the video with instructions and details are available once you select your program of interest. You do not need special software, just a computer or device that has a camera/webcam to create your video response.
Do I need to submit a transcript(s) for each college or university attended?
Yes, the online application allows you to upload a scanned official transcript(s) for each college or university attended. If the official transcript where you received your degree does not state the degree was conferred, please also upload an official diploma or official copy of your degree received (most schools already list the conferred degree on the transcript). If you are formally admitted to the University of Maryland, you will be required to submit an official transcript at new student orientation. If your transcript is not in English, please also an official transcript translated into English.
Who should provide my letter of recommendation?
A supervisor within your organization or from a professor familiar with your work.
Am I required to take the TOEFL or IELTS?
International applicants who have received an undergraduate or graduate degree from one of the countries listed here are waived of this requirement. You must have attended classes for at least 2 years and received the degree in one of these countries to be exempt from the TOEFL/IELTS requirement. If you earned your degree from a country not on the exemption list, then you must complete the TOEFL or IELTS. The minimum score required on the TOEFL is 100, and 7 on the IELTS.
Do I have to take the GMAT or GRE?
The Graduate Record Examination® (GRE®) and the Graduate Management Admissions Test® (GMAT®) are both accepted exams that are recommended but 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 Programs. For example, the communication course work has an immediate impact on participant's communication skills.
How much does the program cost?
Your tuition rate is dependent on your residency status in the State of Maryland. If you qualify for in-state tuition rates, your tuition and fees cost will be approximately $49,000. If you qualify for out-of-state tuition rates, your tuition and fees cost will be approximately $58,500. These amounts do not include books and additional course materials that are required to attend class. These tuition figures are based on Fall 2015 costs and may change for the Fall 2016 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 Accounting program?
Yes. International students can enroll in the MS in 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?
At the University of Maryland, graduates of the MS in Accounting program currently have the degree name Master of Science in Accounting listed on their diploma.