Accounting
Mailing Address:
UIC Liautaud Graduate School of Business
110 Douglas Hall, MC 077
705 South Morgan Street
Chicago, IL 60607
Campus Location: 110 Douglas Hall
Program Code: 20FS1000MS
Main Phone: (312) 996-4573 or (877) 622-8421 (toll free)
E-mail: lgsb@uic.edu
Web Site: go.uic.edu/msa
Head of the Department of Accounting: Somnath Das
Director of Graduate Studies: Ram Ramakrishnan
The Department of Accounting through the Liautaud Graduate School of Business offers work leading to the Master of Science in Accounting degree and participates with the MBA Program in the MBA/MS in Accounting joint degree program.
Admission Requirements
Applicants are considered on an individual basis. Transcripts for all undergraduate and any graduate work must be submitted to the Liautaud Graduate School of Business Program Office. In addition to the Graduate College minimum requirements, applicants must meet the following program requirements:
Master of Science
- Baccalaureate Field No restrictions.
- Grade Point Average At least 3.00/4.00 for the final 60 semester (90 quarter) hours of undergraduate study. Applicants possessing a master’s degree in business or an equivalent degree from a program accredited by the AACSB-International must have maintained a grade point average of at least 3.00/4.00 in that program.
- Tests Required GMAT; minimum score of 500 or qualify through GAMSA.
- GAMSA
- UIC accounting undergraduates who (1) have completed 90 hours overall and 12
hours in accounting courses at 300- or 400-level and (2) have an overall GPA of 3.25 and a GPA of 3.00 from all accounting courses taken. - Other UIC undergraduates who (1) have completed 90 hours overall and (2) have an overall GPA of 3.25 and a GPA of 3.00 from any accounting courses taken.
- If already a graduate of UIC, a UIC undergraduate degree must have been received in the 16 months prior to the intended start of the MSA.
- UIC accounting undergraduates who (1) have completed 90 hours overall and 12
- Minimum English Competency Test Score
- TOEFL 570 (paper-based); 81, with subscores of Reading 20, Listening 20, Speaking 20, and Writing 21 (iBT Internet-based), OR,
- IELTS 6.5, with subscores of 6.0 for all four subscores.
- Letters of Recommendation Two required. None for GAMSA applicants.
- Personal Statement Required.
- Resume Required.
- Deadlines The application deadline for this program is the Graduate College deadline. There is no summer admission for the Accounting program.
MBA/MS in Accounting
Applicants to the joint degree program must satisfy the admission requirements of both the MBA and MS programs.
Degree Requirements
In addition to the Graduate College minimum requirements, students must meet the following program requirements:
Master of Science
- Minimum Semester Hours Required 32.
- Course Work Degree candidates must present a cumulative grade point average of at least 3.00/4.00 for all 400- and 500-level courses.
- Required Courses (5 courses, 20 hours): Select five courses from the following: ACTG 516, 525, 585, 593, 417, 446, 456, 465, 475, 484, 509, 515, 516, 525, 535, 537, 545, 570, 585, 593, and 594. At least two courses must be from ACTG 516, 525, 585, and 593.
- Accounting/Business Electives: Select any approved LGSB courses to bring the total credit hours to 32.
- At least 5 of the courses used toward the MSA degree must be at the 500-level.
- Foundation, Breadth, and Background Courses (11 courses, 44 hours): Students without an approved undergraduate degree in Accounting must complete the following 11 courses in addition to the above requirements.
- Foundation Courses: ACTG 500 and 474 and IDS 570.
- Breadth Courses: Three business courses other than accounting.
Background Courses: ACTG 435, 502, 503, 506, 508. - All these courses may be waived based on completion of prior satisfactory equivalent study.
- Comprehensive Examination None.
- Thesis, Project, or Course-Work-Only Options Course work only. No other options are available
MBA/MS in Accounting
- Minimum Semester Hours Required 68.
- Course Work Students must maintain a cumulative grade point average of at least 3.00/4.00 for all course work.
- Required Courses (20 courses, 80 hours)
- MBA Core Courses (6) : ACTG 500; ECON 520; FIN 500; IDS 532; MGMT 541; MKTG 500.
- MBA Electives (4): A 3‐course concentration within the MBA program, excluding accounting; and one 500‐level business course from a department other than accounting and the MBA concentration field.
- Required Accounting Courses (5 courses, 20 hours): Select five courses from the following: ACTG 516, 525, 585, 593, 417, 446, 456, 465, 475, 484, 509, 515, 516, 525, 535, 537, 545, 570, 585, 593, and 594. At least two courses must be from ACTG 516, 525, 585, and 593.
- Accounting Background Courses (5 courses): ACTG 435, 502, 503, 506, 508.
- Any of the accounting background courses can be waived with prior credit and ACTG 500 can be waived with a competency examination. However, a minimum of 68 hours must be completed by taking additional accounting or business electives. No more than two 400-level courses can be counted toward the MS portion of the degree.
- Comprehensive Examination None.
- Thesis, Project, or Course-Work-Only Options Course work only. No other options are available.
