Frequently Asked Questions

Is the MACC program Accredited?

Yes. The Belk College of Business is accredited by AACSB International – The Association to Advance Collegiate Schools of Business, the premier accrediting agency for bachelor’s, master’s and doctoral degree programs in business administration and accounting. The Department of Accounting also has Accounting Accreditation from the AACSB.

 
Which track is right for me?

The Accountancy tracks, or academic programs, were designed with distinct groups of students in mind:

Professional Accounting: Students with an undergraduate degree in an area other than accounting (e.g. Biology, Business, etc.) who wish to become professional accountants and prepare for the CPA exam.

Financial Accounting/Auditing: Students with an undergraduate degree in accounting who wish to become professional accountants and prepare for the CPA exam.

Tax: Students with accounting or other backgrounds, such as law, who wish to specialize in taxation.

Must I have an undergraduate degree in accounting to get into the MACC program?

Generally, no. The Professional Accounting Track is specifically designated for those who do not have an undergraduate degree in accounting. Students can then customize their studies by adding Tax or Audit electives if they choose to do so. Additionally, the MACC program welcomes those with diverse educational backgrounds, including law, where students can customize their program with an emphasis on Tax.

When should I apply if I know I need the prerequisites?

The prerequisites are offered during the day in the summer semester and at night in the fall and the spring semesters so you'll need to plan accordingly.

 

 
If I have never had an accounting class, is preparation necessary for the prerequisite classes?

To prepare for the required MACC program prerequisites, it is recommended that candidates take Principles of Accounting I and II (Financial Accounting and Managerial Accounting) prior to admission. These courses are offered at UNC Charlotte, but may also be taken at any accredited two- or four-year college.

Can I take the prerequisites prior to being admitted into the program?

Intermediate Financial Accounting I and II (ACCT 3311, ACCT 3312) are restricted to admitted students only without permission from the Program Director, Jack Cathey.

Can I take the prerequisites at another college or university?

There is a strong preference that Intermediate Financial Accounting 1 & 2 be taken at UNC Charlotte.

 
If I am unable to complete the prerequisites in the summer, when should I apply to the program?

Admitted students can take the prerequisites in a fall/spring sequence. Fall application is recommended, but students should expect to add one year to their program.

 
What GMAT or GRE score do I need in order to be admitted to the MACC program?

We do not use a formula in admitting students; therefore there is no required minimum score. We consider all the application information, including undergraduate grades, undergraduate institution, relevant work experience, recommendations and the applicant’s statement of purpose. The average score of students admitted to the program is generally around 580 for the GMAT and 158 for each section of the GRE.

Does UNC Charlotte have preparation classes for the GMAT/GRE?

For information regarding GMAT preparatory courses and student discounts, please email belkgradprograms@uncc.edu.

Information on the GRE, administered by ETS.

I am an international student. What should my TOEFL score be?

International students must have a minimum TOEFL score of 83 on the Internet-based test or 600 on the paper-based test. Due to the language-intensive nature of accounting, students with higher TOEFL scores are preferred.

For detailed information for international applicants, visit the International Student Admissions Office website,intradmn.

Is an interview required for admission into the MACC program?

We encourage all potential students to visit the university and to talk with our advisors, students, and faculty to learn more about the program.  There are times, depending on a candidate's credentials, when an interview is required.

 

 
How long does it take to complete the MACC program as a part-time student?

The course of study consists of 30 semester hours (10 classes). It usually takes two years to complete the program if prerequisites are completed during the summer prior to the fall semester. Taking the prerequisites in a fall/spring sequence will add one year to the program. Students with full-time jobs usually take two classes in both the Fall and Spring and either one or two classes during the summer. Students with significant work commitments sometimes take a lighter schedule.

 
What about busy season?

As a number of students in the Tax Track are employed full-time in tax-related jobs, the courses in this track do not meet during the month of March or the first three weeks of April to accommodate busy season.

 
How long does it take to complete the MACC program as a full-time student?

The course of study consists of 30 semester hours (10 classes). With careful scheduling, a student could complete the program in one year by taking four classes in both the Fall and Spring semesters and two classes in the Summer. Students in the Professional Accounting track will add one year to complete the necessary prerequisites if they do not complete them in the summer prior to beginning MACC classes.

What is the tuition, and what fees are involved, for the MACC program?

Current tuition and fee information is available from the UNC Charlotte Financial Services website, Tuition and Fees.

For information on qualifying as a resident of North Carolina for tuition purposes, visit the Residency Determination Office.

Is financial assistance available for MACC students?

A limited number of Graduate Assistantships are available each year for full-time MACC students; contact the MACC Director, Dr. Jack Cathey, for information.

Additional information on financial aid and student loans is available on the UNC Charlotte Student Financial Aid website, Financial Aid.

Will I get a job when I graduate?

Recent developments in accounting have created additional opportunities for people entering the field. The Department of Accounting considers assisting students in locating part- and full-time employment to be an important service. This focus, combined with opportunities for on-campus recruiting, has allowed many successful job placements.

 

Will I be able to become a CPA if I complete the Master of Accountancy Program?

Students in the Professional Accounting and Financial Accounting/Auditing Tracks should be well on their way towards preparing for the CPA exam when they complete their degree. In most cases, students will have completed the 150 hour requirement.

Students pursuing the Tax Track will need to take a number of elective classes in accounting to prepare for the CPA exam.

For additional information about the requirements for becoming a North Carolina CPA, follow this link: CPA Board.

For additional information about the requirements for becoming a CPA in another state, follow this link: Nasba.