MSA Accounting

Admission to the M.S.A. program is available for those students who demonstrate high promise of success in a graduate program. All applicants are considered on the basis of their merit with weight given to the quality of prior academic achievement, GMAT test scores (if required), professional experience, and other relevant information. The following documents are required for admission to the program:

  1. Official transcripts from each post-secondary institution attended.
  2. Official GMAT scores sent directly from the Graduate Management Admissions Council (GMAC) to the College of Graduate Studies. The minimum GMAT score is 500, must be no more than five years old.
  3. The GMAT may be waived for applicant who have:
    1. Completed GRE or GMAT within the last five years; official GRE or GMAT scores must be sent directly to the College of Graduate Studies, or
    2. An undergraduate degree from the University of Toledo (or another college of business with AACSB accreditation) with a minimum 3.0 GPA or better within the last ten years,  or 
    3. An M.B.A or Master in Economics (minimum 3.00 GPA) within the last ten years, or 
    4. An active practicing CPA/CMA, or have passed the CPA/CMA exam within the last five years.
  4. Most recent resume or curriculum vitae including contact information for two references (name, title, place of employment, phone number and e-mail address).

In the case of students whose native language is not English, a score of at least 550 (paper based), 213 (computer based), or 80 (internet based) on the Test of English as a Foreign Language (TOEFL) or a 6.5 on the International English Language Testing System (IELTS) is mandatory.

Students interested in the pipeline joint BBA/MSA program must submit 1) BBA/Master of Science in Accountancy Letter of Intent. This letter requires authorization from your undergraduate advisor that your eligible to enroll in graduate courses and that you will continue to make progress toward your undergraduate degree, 2) a completed MSA graduate admission application. After successful completion of the application process, students will be considered for admission to the graduate program.

Applications for admission are considered on a rolling basis. However, students are encouraged to submit their applications by the following dates:

Domestic students:

Fall Semester August 1
Spring Semester November 15
Summer Semester April 15

International students:

Fall Semester May 1
Spring Semester October 1
Summer Semester March 1

Final admissions decisions will be withheld until the application for admission is complete. No materials submitted to the University will be returned to the applicant. The M.S.A. program admits students to the program on a rolling admissions basis.

The Master of Science in Accountancy degree is granted to students who satisfactorily complete a minimum of 30 semester hours at the 6000-level in the College of Business and Innovation.

Accounting Core Courses
ACCT 6130Advanced Financial Accounting 13
ACCT 6190Contemporary Accounting Problems3
ACCT 6250Corporate Taxation3
ACCT 6600Data Analytics for Accountants3
GENERAL MSA 212
Taxation of Pass-Through Entities
Tax and Business Strategy
Managerial Accounting and Decision Making
AIS Process, Technology, and Analytics
Governmental And Not-For-profit Accounting
Business Valuation And Analysis
Advanced Auditing
Fraud and Forensic Accounting
Regulation Capstone Taxation and Business Law Studies
Comprehensive Financial Accounting and Reporting
An Accounting Perspective of the Business Environment
Auditing Concepts and Applications
Independent Study In Accounting
Business Electives - 6 hours (2 courses):6
Two graduate business courses.
Corporate Finance
Strategic Marketing And Analysis
Results-Based Management
International Business
Supply Chain Management
Information Technology And E-Business
Essentials of Business Analytics
SPECIALIZED MSA TRACKS 3
AUDITING & IT TRACK 3
Accounting Electives (12 hours) - Choose 4 courses from the following:
Governmental And Not-For-profit Accounting
Advanced Auditing
Fraud and Forensic Accounting
AIS Process, Technology, and Analytics
Data Analytics for Accountants
Business Electives (6 hours) - Choose 2 courses from the following:
Business Intelligence Management
Information Integration and Data Management
Management of Information Systems Security
FINANCIAL REPORTING AND FINANCE TRACK 3
Accounting Electives (12 hours) - Choose 4 courses from the following
Corporate Taxation
Managerial Accounting and Decision Making
Governmental And Not-For-profit Accounting
Business Valuation And Analysis
Data Analytics for Accountants
Independent Study In Accounting
Business Electives (6 hours) - Choose 2 courses from the following:
Corporate Finance
Advanced Corporate Finance
Investments And Security Analysis
Derivative Securities
STRATEGIC MANAGERIAL ACCOUNTING AND OPERATIONS MANAGEMENT TRACK 3
Accounting Electives (12 hours) - Choose 4 courses from the following:
Managerial Accounting and Decision Making
AIS Process, Technology, and Analytics
Governmental And Not-For-profit Accounting
Business Valuation And Analysis
Data Analytics for Accountants
Independent Study In Accounting
Business Electives (6 hours) - Choose 2 courses from the following:
Corporate Finance
Supply Chain Management
Business Intelligence Management
Quality Management and Six Sigma
Supply Chain Resources Management
Total Hours30
1

ACCT 4130 at the undergraduate level

2

MSA 4 Core courses (12 hours) above required for all MSA students.

3

MSA Elective courses for the "General MSA" and the "Specialized MSA Tracks": 18 hours (6 courses) - at least 12 credit hours (4 courses) of Accounting Electives.

Other UT graduate courses are allowed as electives with pre-approval from the MSA academic advisor. If a student takes one of the courses above at the undergraduate level (specifically ACCT 4130, ACCT 4250 and ACCT 4410), these courses may not be taken at the graduate level. This does not reduce the number of credit hours or courses required to earn the MSA degree. The student will select a different option with the Accounting Department Chair and MSA Program Advisor. Other courses from the College of Business and Innovation (or, in the case of a JD/MSA student, a course from the College of Law) may also be approved for the three areas above, with good cause shown, by the Accounting Department Chair and/or MSA Program Advisor.

MSA Common Body of Knowledge

Based on the candidate’s prior course work, any or all of the MSA Common Body of Knowledge may be waived (each course is three semester hours):

If a student can demonstrate that he/she has completed equivalent course work at the undergraduate level prior to admission to the M.S.A. program and has earned a grade of C (2.0) or better in the course(s), the corresponding course below may be waived. The undergraduate and graduate equivalents are below.

ACCT 5000Financial And Managerial Accounting 13
ACCT 3100/5100Data Analytics in Accounting3
ACCT 3110/5110Intermediate Financial 13
ACCT 3120/5120Intermediate Financial 23
ACCT 3210/5210Individual Taxation3
ACCT 3310/5310Accounting Information Systems And Controls3
ACCT 3320/5320Cost Accounting3
ACCT 4420/5420Auditing3
FINA 5210Economics For Business Decisions 23
FINA 5310Managerial Finance 33
OSCM 5510Business Statistics With Computer Applications 43
Total Hours33
1

BUAD 2040 or ACTG 1040; and BUAD 2050 or ACTG 1050

2

ECON 1150 and ECON 1200

3

BUAD 3040

4

 BUAD 2060 or MATH 2600

Students must have an average GPA of 3.0 or higher in the common body of knowledge courses in order to proceed into 6000 level accounting classes.

Early admission/bridge program - BBA - MSA

Undergraduate students accepted in the BBA-MSA option will be admitted to the Master of Science in Accountancy program and allowed to complete up to three graduate level classes (nine credit hours) during their final academic year of undergraduate studies. Students admitted into the pipeline program must apply for admission to the College of Graduate Studies for the semester that they intend to matriculate. They will then continue in the MSA program upon completion of the undergraduate degree requirements. The graduate coursework (up to nine hours) may be applied to completion of both undergraduate and MSA degree requirements. The following provisions apply for classes taken for graduate credit: 1) graduate classes taken at The University of Toledo only after the student is accepted in the pipeline program, 2) only BUAD 6200, BUAD 6300, BUAD 6400, BUAD 6500, BUAD 6800, ACCT 6130, ACCT 6190, ACCT 6250, OSCM 6250 may be included in the approved nine semester hours of graduate credit taken as an undergraduate. Students must have at the time of application 1) a minimum of 3.0 cumulative undergraduate grade point average that will include undergraduate credits earned at other institutions and transferred to UT, 2) undergraduate advisor's approval, and 3) graduate advisor’s approval.

  • PLO 1: Propose a well-formulated solution, including its contingencies and future implications to a professional or enterprise
  • PLO 2: Apply advanced concepts to prepare the general purpose financial statements\\n
  • PLO 3: Evaluate business risks, related to data collection, storage and use\\n
  • PLO 4: Demonstrate ability to collect, clean, analyze and interpret data for decision-making\\n
  • PLO 5: Identify ethical implications of accounting decisions on firm and capital markets\\n
  • PLO 6: Locate areas of risk within an enterprise and suggest appropriate responses\\n
  • PLO 7: Identify and evaluate current accounting issues