Accounting Degree Programs

MatnU is a non-profit institution which has kept its educational fees at the minimum needed for the provision of high quality education. It is the right of MatnU to change its fees at any time without prior notice

Students have to finalize the payment of their fees or special financial arrangements with the bank specified by the Office of the Comptroller before attending classes.

Application Fee

Application for Admission fee: 50,000 LL. is paid to the Comptroller’s Office at the time of application.

Registration Fee

Students have to pay yearly 150,000 L.L. registration fee. This fee covers students’ services and files maintenance.

Tuition

Tuition fee at MatnU is as follows:
DUT approximately $3000/year

Lab Fees: Courses marked with an * will be charged a Lab fee of $50

Payment of Fees

Students must finalize registration and payment of tuition and charges by the last week of September for the Fall semester and the first week of February for the Spring semester. After the announced deadline for late registration, a late registration fee of 50,000 L.L will be charged.

Refunds for Withdrawals

If justifiable reasons are given to a student’s withdrawal after registration, the following refund schedule becomes applicable for the semester or term:
· Before beginning of classes 75% of tuition
· During first week of classes 50% of tuition
· During second week of classes 25% of tuition
· After second week of classes Zero% of tuition

National Social Security Fund
All Lebanese students are required by law to register as members of the NSSF-Medical branch coverage at the cost of 90,000 L.L. for every academic year. Students whose parents are already registered with NSSF do not have to register under this program.

Chowan Merit Scholarships:
President’s Scholarship worth $26,280 over four years.
(That’s $6,570 a year!)
Alumni Scholarship worth $21,200 over four years.
(That’s $5,300 a year!)
University Scholarship worth $15,800 over four years.
(That’s $3,950 a year!)
Opportunity Award worth $10,600 over four years.
(That’s $2,650 a year!)

To apply:
Complete the application for admission
Submit the official high school transcripts
Submit SAT scores
Campus visit is strongly recommended, Click here to schedule
your visit.

Chowan Leadership Scholarship
Involved in a leadership role in your high school SGA, clubs or sports? Church youth group? In the community? You could be eligible for the Chowan University Leadership Scholarships!

Leadership Scholarship worth $24,000 over four years.
(That’s $6,000 a year!)
Dean’s Scholarship worth $12,000 over four years.
(That’s $3,000 a year!)
Trustee Scholarship worth $4,000 over four years.
(That’s $1,000 a year!)

All University and Graduate School requirements for admission to a degree program of the Graduate School at Illinois State University will apply.

Graduate students who have been admitted to the University will be admitted to the Master of Science in Accountancy program based upon their performance on the Graduate Management Admission Test (GMAT), on their previous academic performance, and other evidence of the student’s ability to successfully complete the program.

Before entering the program students will normally have had a Bachelor of Science in accounting degree based upon the study of the Financial Accounting Standards Board’s pronouncements, the AICPA’s Statements on Auditing Standards, the Public Company Accounting Oversight Boards’s (PCAOB) auditing standards, and the Internal Revenue Code. Otherwise, there may be deficiencies as determined by the department.

International students are required to submit a TOEFL score of 100 or more (internet-based test), 250 or more (computer version), or 600 or more (paper version) with their application for admission.
Admission Policy

See Graduate Admissions for further information and to obtain a graduate admissions application. Students will be considered for admission to the Master of Science in Accountancy program based upon their performance on the Graduate Management Admission Test (GMAT), previous academic performance, and other evidence of the student’s ability to successfully complete the program.

Admission recommendations are made by the MSA director and forwarded to the department chairperson, and then to the Graduate School. The director of the MSA program will review the background of each candidate after admission to determine their level of preparation for the program. Candidates with an undergraduate degree in accounting from an AACSB accredited institution will typically have the requisite background to begin graduate-level course work in accounting. Other candidates may be required to complete foundation/deficiency courses in addition to the MSA degree requirements.

The number of students admitted to the program and the grade point average and GMAT score required for admission may vary from semester to semester depending on program capacity and qualifications of the pool of qualified applicants. The department reserves the right to curtail admission, adjust requirements, and limit enrollment in the program because of space or budget restrictions.

Students admitted to the program who have completed a baccalaureate degree in accounting that reflects the study of the Financial Accounting Standards Board’s pronouncements, the AICPA’s Statements on Auditing Standards, the PCAOB’s auditing standards, and the Internal Revenue Code will usually be given credit for all, or most, of the undergraduate prerequisite courses. Students admitted to the program who have not completed a baccalaureate degree in accounting as described above can expect prerequisite deficiency courses to be added to their plan of study. Deficiency course requirements will be determined by the program director.

Students whose native language is not English must score at least 100 points (internet-based test), 250 points (computer version), or 600 points (paper version) on the Test of English as a Foreign Language (TOEFL) in order to be considered for admission into the master’s program.

Applicants are encouraged to submit admission applications, transcripts, and necessary test scores early. All applications will be pooled, with admittance decisions made shortly after the dates published below.

For Semester of Admission Submit all Application Materials to the Admissions Office by:
Fall semester - February 1
Spring semester - October 1
Summer session -February 1

Due to an overwhelming response and increase in applications for admission, Indiana University is no longer awarding Automatic Academic Scholarships to newly admitted students for the fall of 2009. Students admitted on or before January 15th may continue to submit updated academic information for further scholarship consideration to the Office of Admissions through February 2nd, at which time all Automatic Academic Scholarship awarding will cease.

We understand that costs and financial aid are an important part of your college decision. IU is committed to keeping our tuition as affordable as possible, while offering more than $225 million in financial aid each year. To get an estimate of the cost of an IU education, see our Tuition and Fees information.

Financial Aid

Close to 60 percent of our students receive some form of financial assistance, and they’re not just straight-A students, star athletes, or low-income students. We offer a variety of scholarships, grants, loans, and employment opportunities to help you finance your IU education. Applying is free, and aid is awarded both to students with a demonstrated financial need and to those with a record of high achievement.
Determining Residency Status and Tuition Rates

IU is a state-funded public university. As a result, in-state students and out-of-state students pay different rates for tuition.

Initial residency status (for tuition purposes) is determined by the information you provide on your application for admission. In general, U.S. citizens or permanent residents who are under 21 years of age are eligible for resident student status (and in-state tuition rates) if their parents or legal guardians reside in Indiana. In cases of separation or divorce, if one parent resides in Indiana, the student may qualify for Indiana residency and therefore in-state tuition.

Students who are 21 years of age are eligible for resident student status (and in-state tuition rates) after they have been physically present in Indiana for at least 12 months without the predominant purpose of higher education, and therefore have established their own residency.

For detailed information regarding residency classifications, refer to the IU Bulletin.

The Master of Accounting program (MAcc) is offered on the non-thesis option. A minimum of 30 semester hours is required for the degree, of which a minimum of 15 hours must be at the 200-level. In addition, there can be no more than 12 credit hours of UNI g-level courses included in the program of study and all transfer credit must be at the graduate level (i.e., equivalent to UNI’s 200-level courses).

Students desiring entry into this degree program must have: a minimum Graduate Management Admission Test (GMAT) score of 500, a cumulative grade point average (GPA) of B- or better on all upper division (junior/senior) accounting courses, and satisfactory completion of Intermediate Accounting I 120:129 and Intermediate Accounting II 120:130. In addition, a minimum admission score of 1150 (computed by multiplying the undergraduate GPA by 200 and adding the GMAT score) is required. Students may be admitted on a probationary basis if their GMAT score and/or their average grades on upper division accounting courses fall below 500 and/or B-, respectively.

International students and/or individuals without English as a first language are required to take the TOEFLR iBT. Applicants must earn a minimum score of 89 on this test to be admitted. If the TOEFLR iBT is not offered in the applicant’s country, then the applicant must take the TOEFLR and Test of Spoken English (TSER). Minimum scores on these tests for admission are 575 (or 230 on the computerized version) on the TOEFLR and 50 on the TSER.

UNI undergraduate accounting students interested in the MAcc Integrated Program may apply for admission to the program during the semester they are completing Intermediate Accounting II (120:130). An Application for Admission to Graduate Study must be completed and the student=s interest in the MAcc Integrated Program must be indicated on the application itself. The GMAT will be waived for UNI undergraduate students applying to the integrated program if they have a GPA of 3.00 or higher after 75 UNI credits and at the end of the semester in which Intermediate II is taken. If accepted into the MAcc Integrated Program, the student will receive both the B.A. and MAcc degrees upon completion of the respective programs of study.

Once admitted into the integrated program, UNI undergraduate accounting students (who are classified as seniors) may register for a maximum of 12 hours of graduate credit as a senior, with the approval of the department head. The student must present a signed Student Request form (with the appropriate signatures), when registering for graduate credit as a senior. Students earning this type of credit are classified as seniors but will pay graduate tuition for the semester hours for which they will receive graduate credit. The maximum tuition will be the full-time graduate rate for the student=s residence classification. The combined total number of hours, both undergraduate and graduate, may not exceed 15 hours in a semester, or 8 hours in a summer session. Graduate work completed on the early admission basis will be counted as graduate credit only if the student actually earns the bachelor=s degree within two years from the time the student took the course and will not be counted toward the undergraduate degree.

The Walker College of Business, through the Department of Accounting, offers the Master of Science (M.S.) in Accounting and course work at the graduate level in support of the Walker College of Business degree programs.

Prerequisite to enrollment in a graduate course offered by the Department of Accounting is admission to a graduate program of study, or permission of the instructor and the departmental chair. In addition, enrollment in MBA courses requires permission of the MBA Program Director. A non-degree student must obtain permission from the Graduate School to enroll in 5000-level courses.

The basic educational objective of the M.S. in Accounting is to provide advanced education to meet the needs of persons planning careers in accounting at the professional level. The M.S. in Accounting program offers courses of study which greatly enhance success in completing certifying examinations needed for designation as Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA), and other professional designations. Additionally, the program broadens the general business knowledge and intensifies accounting knowledge of its graduates so as to improve their performance beyond the entry/certification stage in their professional careers.

Application for admission to the M.S. program will be open to any graduate of an accredited four-year baccalaureate program. Admission is competitive, with admission granted only to students showing high promise of success in graduate business study. Admission to the M.S. program is based on a balanced appraisal of the applicant’s total record and overall excellence. The foundation for the admission decision is the GMAT score and undergraduate academic performance. The trend of grades during undergraduate schooling, the GPA in the undergraduate major, and relevant work experience may also be considered in the admission process.

For students without adequate preparation in accounting and business, the following undergraduate equivalent courses that are prerequisite to graduate study must be completed: Accounting Principles, Economics, Statistics, Behavioral Science, and Finance.

In addition, the undergraduate preparation must include the following accounting courses: Intermediate Accounting sequence; Cost Accounting; Accounting Systems; Individual Income Taxation; Auditing

Any or all of these courses may be waived if the student has taken equivalent work. Prerequisite courses may also be waived through written examination or, if the student feels academically prepared, through appropriate business experience. There is a fee for such examinations. Students lacking some or all of the prerequisites, if otherwise qualified, may be admitted to the graduate program with the understanding that the prerequisites will be completed as part of the program.

The program requires a minimum of 30 semester hours of graduate study and allows the student to follow a general concentration or a tax concentration. A student needing no prerequisites will usually complete the program in two semesters and a summer. For students with majors in other academic disciplines, it will take longer, depending on the required prerequisites.

PROGRAM OF STUDY FOR THE MASTER OF SCIENCE IN ACCOUNTING (Major code: 302*/52.0301)

Admission Requirements: Baccalaureate degree from an accredited college or university; complete application to the Cratis Williams Graduate School (http://www.graduate.appstate.edu), including resume, three letters of recommendation, official GMAT exam scores, and official transcripts from all colleges attended; undergraduate course work in Accounting Principles, Economics, Statistics, Behavioral Science, and Finance; undergraduate accounting courses in Intermediate Accounting, Cost Accounting, Accounting Systems, Individual Income Taxation, and Auditing. In extenuating circumstances, an applicant may obtain permission to remove deficiencies in course work after entering the graduate program.

Basic Criteria for Unconditional Admission: (Undergraduate GPA x 200) + GMAT = 1100; Minimum GMAT of 450 is recommended.

Location: On Campus

Course Requirements for the Master of Science in Accounting

Required Courses
ACC 5590 Advanced Accounting Topics (3)
Three semester hours outside the Department of Accounting approved by the Program Director (3)
6

Concentration (CHOOSE ONE)
General (302C):
ACC 5210: Advanced Managerial Accounting (3)
ACC 5270: Current Issues in Technology and AIS (3)
ACC 5390: Contemporary Issues in Accounting (3)
ACC 5xxx: Elective (3)

OR
Taxation (302B):
ACC 5280: Partnerships and S Corporations (3)
ACC 5580: Tax Planning and Research (3)
ACC 5xxx: Tax Electives approved by the Program Director (6)
12

Thesis Option (CHOOSE ONE)
With Thesis
ACC 5999: Thesis (6)
6 s.h. of graduate electives (ACC, College of Business (COB), or outside COB) approved by the Program Director (6)

OR
Without Thesis
12 s.h. of graduate electives (ACC, College of Business (COB), or outside COB) approved by the Program Director (12)
12

Total Semester Hours Required for the Master of Science in Accounting
30