The University of Toledo

Master of Science in Accountancy (M.S.A.)

The Master of Science in Accountancy (M.S.A.) is a 30 semester hour program.  It would typically include 21 semester hours of accounting classes and 9 hours of diversification electives.  The MSA program is designed to prepare students for a professional career in accounting and to fulfill the requirements to sit for the uniform CPA exam in the state of Ohio.

MSA Core Courses (Required of all students)
15 hours, 5 classes

Acct 6130 External Financial Reporting III *
Acct 6190 Financial Contemporary Problems
Acct 6210 Research in Accounting and Taxation
Acct 6310 Advanced Managerial Accounting
Acct 6420 Auditing *

* For students who have taken External Financial Reporting III and/or Auditing previously as a UT undergraduate or an equivalent course (check with your advisor) somewhere else and received a C (2.0) or better, these courses may not be taken at the graduate level.  If this applies to you, then increase the number of MSA Electives to a maximum of four (preferred) and/or increase Diversification Electives up to a maximum of four. You must take a total of ten courses beyond the MSA Common Body of Knowledge.

M.S.A. Electives
9 - 12 hours, 3 - 4 classes

Acct 6150 International Accounting and Taxation
Acct 6220 Corporate Tax
Acct 6320 Cost Analysis & Control
Acct 6330 Advanced Topics in Accounting Information Systems
Acct 6430 Business Valuation
Acct 6410 Governmental & Not-for-Profit *
Acct 6960 Independent Study

* For students who have taken Governmental & Not-for-Profit previously as a UT undergraduate or an equivalent course (check with your advisor) somewhere else and received a C (2.0) or better, this course may not be taken at the graduate level.

Diversification Electives
6 - 12 hours, 2-4 classes

Buad 6200 Financial Systems
Buad 6300 Strategic Marketing & Analysis
Buad 6400 Results Based Management
Buad 6500 International Business
Buad 6600 Supply Chain Management
Buad 6800 Information Technology & E-Business

MSA Common Body of Knowledge
0 - 30 hours, 0 - 10 classes
The common body of knowledge required for the MSA program includes a maximum of 30 hours (or 10 classes).  Based on the candidate's prior course work, any or all of the common body of knowledge may be waived:

Acct 5000 Financial and Managerial Accounting
Acct 3100 Financial Accounting and Systems
Acct 3110 External Financial Reporting I *
Acct 4120 External Financial Reporting II *
Acct 3310 Accounting Information Systems and Controls*
Acct 3210 Individual Taxation *
Acct 4310 Internal Reporting *
Bans 5210 Economics for Business Decisions
Fina 5310 Corporation Finance
Opmt 5510 Statistics for the MBA

* Students must have an average GPA of 3.0 or higher in these five courses in order to proceed into 6000 level accounting classes.