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Admissions

The Master of Science in Accounting program only admits students during the fall semester.

Learn more about: Financing Your Education | Tuition and Fees | Application Deadlines

Requirements

The following are required to be considered for admission into the program:

  • The equivalent of a US bachelor's degree
  • Completion of undergraduate managerial and financial accounting courses with a B or better
  • GMAT or GRE exam
  • Transcripts
  • One letter of recommendation
  • Professional resume
  • Essay
  • Video response
  • TOEFL or IELTS official scores — if you do not have a 4 year or advanced degree from a country where English is the official language

TOEFL or IELTS Scores

For TOEFL scores, contact www.toefl.org to request an official copy of your TOEFL test score to be sent to the University of Maryland at College Park. For IELTS, the University of Maryland downloads scores that have been transmitted to our e-download account. IELTS test takers should contact their IELTS test center directly to request electronic test scores be sent to the following IELTS e-download account:

University of Maryland — The Graduate School
The Graduate School
2123 Lee Building
College Park, Maryland 20742-1815

Please note we cannot accept paper IELTS forms.

  TOEFL Minimum
Required Score
IELTS Minimum
Required Score
Overall 100 7
Speaking 22 6.5
Listening 24 7
Reading 26 7
Writing 24 7

Institutional Codes

  • TOEFL - institutional code 5814
  • GRE - institutional code is 5814
  • GMAT - SQT - N8 - 88

Please visit our FAQ page if you have additional questions regarding the admissions requirements.

Application Deadlines

October 16, 2018

November 15, 2018

January 10, 2019 — Priority deadline for merit award consideration for international applicants

February 15, 2019 — Priority deadline for merit award consideration for domestic applicants

March 15, 2019

Applications completed by these deadlines will be informed of a decision within eight weeks.

Financing Your Education

Several financial aid options exist for students wishing to pursue a specialty masters program at the Smith School. There are assistantship opportunities as well as federal and private loans.

Smith Specialty Masters Alumni

Students who successfully complete one specialty masters degree at the Smith School and who enroll in a second master's for fall 2019 will enjoy a $15,000 tuition reduction in their second specialty masters program!

University of Maryland High Performing Seniors

Graduating seniors from the University of Maryland are eligible for an application fee waiver, exemption of GMAT or GRE exam, video submission waiver and merit award. Students must meet the following criteria below. Please email your UMD transcript to masters@rhsmith.umd.edu with the subject "High Performing Seniors". The admissions team will review your transcript to determine if you meet the high performing seniors criteria.

UMD Colleges and Schools GPA Requirement Statistical Analysis or Quantitative Research Methods Course
College of Agriculture and Natural Sciences 3.5 B or better
School of Architecture, Planning and Preservation 3.5 B or better
College of Arts and Humanities 3.5 B or better
College of Behavioral and Social Sciences 3.5 B or better
Robert H. Smith School of Business 3.5 B or better
College of Computer, Mathematical and Natural Sciences 3.2 B or better
College of Education 3.5 B or better
A. James Clark School of Engineering 3.2 B or better
Philip Merrill College of Journalism 3.5 B or better
College of Information Studies 3.5 B or better
School of Public Health 3.5 B or better

Merit-Based Awards

There is no separate application for these awards - applicants to the Smith specialty masters program are automatically considered. The Smith School of Business awards scholarships based on scholastic merit, evidence of leadership, GMAT/GRE scores, etc. All applicants whose applications are complete by the priority admission's deadline receive automatic consideration.

Scholarships

The Smith School of Business is fortunate to receive numerous applications from bright and talented graduates of the University System of Maryland, the District of Columbia metropolitan area and Big Ten institutions. Applicants who demonstrate notable academic achievements may be eligible for a half-time Graduate Assistantship or $10,000 scholarship.

Graduate Assistantships

Financial assistance through college and university graduate assistantships are widely available to academically qualified students. Students awarded graduate assistantships receive a partial tuition waiver, a stipend for 180 hours of work per semester, and also pay the equivalent of in-state tuition rates. Assistantships offer students the opportunity to develop skills in a variety of areas including technology, communications, business research, teaching, small business counseling, and project management.

Specialty masters students not awarded graduate assistantships through the Smith school may apply for a Graduate Assistantship (GA) throughout the University of Maryland at College Park. GA positions are handled independently by each department throughout the university, therefore, students are encouraged to contact departments directly.

US Military Members and Veterans

The University of Maryland has a Veterans Program Office to assist military service members and veterans in their educational pursuits. Scholarship and VA benefits information can be found online. Find out more about military at Smith.

Federal Student Loans

Students who are U.S. citizens or permanent residents may apply for Federal Student Loans through the Office of Student Financial Aid by completing the Free Application for Federal Student Aid (FAFSA). The application is available online at www.fafsa.ed.gov; UMD-College Park's FAFSA code is 002103. After the FAFSA is received by the Office of Student Financial Aid, additional information specific to the individual student may be requested. When all application materials are received, federal loans are certified, and the student is notified. This notification process typically begins mid to late June. An application for aid has no bearing on the application for admittance to the program.

International Student Loan Options

International student loans not requiring a co-signer who is a US citizen or US permanent resident can be difficult to find. In order to assist international students, here is a sampling of possible loan options with more flexible co-signer requirements. 

Tuition & Fees

Tuition is billed per credit hour in the specialty masters program and determined by your state of residence.

Estimated tuition & fees for the entire program

  In-state Out-of-state
Credits 30 30
Tuition $46,980 $59,850
Fees $2,912 $2,912
Total $49,892 $62,762

Tuition: Based on $1,566 per credit hour for in-state and $1,995 per credit hour for out-of-state.
Fees: Based on a technology fee, MS Association fee and university fee per semester.

Tuition and fees are estimated for the fall 2018 academic year and are subject to approval by the University System of Maryland Board of Regents.

TERP Payment Plan

The best way to avoid lump-sum payments and cover the gap between financial aid and the cost of education without resorting to additional borrowing from alternative sources is to enroll in the interest-free TERP Payment Plan.

By enrolling in this plan, you can spread your payments over either eight or ten months. The annual enrollment fee is $50 for the ten-month plan or $80 for the eight-month plan. You can include most university charges: tuition, fees, and parking permits. You can also arrange to have your monthly payments debited directly from your checking or savings account.

In-State Classification

Applicants are granted in-state status if they have been domiciled in Maryland for at least 12 months prior to the last day of registration for the forthcoming semester, and have been financially independent for the previous 12 months. For a complete list of residency requirements, please contact Residency Reclassification Services.

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