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Master of Accountancy

Master of Accountancy at Carroll College

The Field

Nationwide, demand and wages for professional accountants are higher than average and are projected to remain high through 2024. Changes in the educational requirements for individuals to become licensed as a CPA have made master of accounting degrees more desirable. All 55 U.S. jurisdictions require individuals to have earned 150 credit hours before becoming certified as a CPA. Some jurisdictions require the 150 credit hours to be earned prior to sitting for the CPA exam while some states require accounting credits to be taken at the master’s level in order to sit for the CPA exam.

The Program

The skills currently in demand for CPAs are technical accounting skills along with interpersonal and communication skills. The specialized curriculum at Carroll College is designed not only to prepare students to sit for the CPA exam, but also provides a specialized, forward-thinking curriculum focused on ethics, forensic accounting, and integrated or sustainability reporting. Integrated reporting evidences how value is created for organizations and their many stakeholders by disclosing financial results in addition to environmental and social impacts. The degree also includes specialized curriculum in not-for-profit accounting, designed to assist future CPAs in the increasingly complex and vibrant not-for-profit world.

Today’s business environment demands that organizations cultivate ethical cultures and accountants, in particular, are held to an extraordinarily high ethical standard. In addition to other coursework, Carroll graduates complete a certification in Ethical Leadership from the National Association of the State Boards of Accountancy.   

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Why MACC at Carroll?

Carroll's Master of Accountancy (MACC) program is uniquely designed to fulfill the needs of both full-time students and part-time students, including those who are already professionals in their communities. Our program is delivered in a hybrid format (online combined with face-to-face residencies), providing a rigorous program that is flexible for students in all geographic locations. Courses are offered in a block format allowing students to focus on only one or two courses at a time.

The Possibilities

The outlook for accounting students is overwhelmingly positive. Demand for accountants and accounting salaries have remained high and both the U.S. Department of Labor and the Bureau of Labor Statistics expect the trend to continue. According to the human resource consulting firm of Robert Half, the CPA designation continues “to inspire confidence in employers and remains the most frequently requested and versatile credential” in accounting and finance. In 2017, CNNMoney included CPA in the 100 Best Jobs in America.