Northwood University's Master of Science in Accounting (MSA) provides the groundwork for graduates to excel in dynamic career opportunities afforded to accounting professionals. Organizations are seeking accountants who do more than just analyze numbers - people who know the intricacies of corporate financials and can act as skilled and ethical advisors. The curriculum also assists students who desire the CPA (Certified Public Accountant) or the CMA (Certified Managerial Accountant) designation.

PROGRAM FORMAT

Our MSA courses are offered in a variety of learning modalities during Spring, Summer, and Fall semesters at our Troy, Michigan campus. These classes utilize leading edge technology as support. Northwood University classes are taught by faculty members who bring real-life executive experience and application-based scholarship into the classroom.

TOTAL COURSES

The Master of Science in Accounting can be completed in as few as 30 credit hours (10 courses) depending on the student's undergraduate degree and prior coursework.

Students who have earned an undergraduate degree in accounting prior to admission will have the opportunity to complete the program in as few as ten courses (30 credit hours). The curriculum includes two core courses; two courses chosen from the fields of accounting, taxation and business law; a capstone course; and five courses in an area of specialization. Specializations are available in applied economics, finance and taxation.

In order to support student success in the program, individuals who do not have an undergraduate degree in accounting will be required to take prerequisites at the undergraduate level in the field of accounting. Upon admission to the program, students without a baccalaureate degree in business will be required to complete two additional graduate level courses in the fields of analytics and finance. Once the above coursework is complete, students will take ten courses (30 credit hours): two core courses; seven courses chosen from the fields of accounting, taxation and business law; and a capstone course. Students will work with faculty advisors to determine the appropriate degree plan.

Students with an undergraduate degree in accounting:

Course Summary
Accounting courses 5 Courses 15 total credit hours
Select either Applied Economics, Finance or Taxation courses 5 Courses 15 total credit hours
Program Totals 10 Courses 30 total credit hours
Course Details
Accounting Core (2 required courses):
ACC 5001 - Comprehensive Concepts in Financial Accounting3 credit hours
ACC 5004 - Accounting Fraud, Discovery and Analysis3 credit hours
Capstone (1 required courses):
ACC 6000 - Financial Statement Disclosure and Analysis3 credit hours
Electives (choose 2 courses):
ACC 5003 - Governmental and Not for Profit Accounting3 credit hours
ACC 5005 - Advanced Financial Accounting3 credit hours
ACC 5006 - Accounting Information Systems3 credit hours
ACC 5007 - Auditing3 credit hours
ACC 5008 - Advanced Managerial Accounting3 credit hours
ACC 5015 - Taxation of U.S. Individuals3 credit hours
ACC 5020 - Taxation of Business Entities3 credit hours
BL 5100 - Business Law for the Accountant3 credit hours
Elective Total6 credit hours
Accounting Total15 credit hours
 
Applied Economics Specialization Courses
BUS 5000 - Strategic Business Analysis3 credit hours
ECN 5100 - Microeconomics3 credit hours
ECN 5110 - Macroeconomics3 credit hours
ECN 5120 - Economic Analysis and Modeling3 credit hours
ECN 5130 - American Business and Economic History3 credit hours
Applied Economics Specialization Total15 credit hours
 
-OR-
 
Finance Specialization Courses
BUS 5000 - Strategic Business Analysis3 credit hours
FIN 5110 - Corporate Finance3 credit hours
FIN 5250 - Global Finance3 credit hours
FIN 5230 - Risk Management and Derivatives3 credit hours
FIN 5210 - Mergers and Acquisitions3 credit hours
Finance Specialization Total15 credit hours
 
-OR-
 
Tax Specialization Courses
TAX 5100 - Introduction to Tax Research and Analysis of Tax Authorities3 credit hours
TAX 5110 - Advanced Tax Research and Writing for Tax Professionals 3 credit hours
TAX 5220 - Taxation of Pass-Thru Entities, S-Corporations and Partnerships 3 credit hours
TAX 5230 - Taxation of Corporations, Single-Entities and Consolidated Groups3 credit hours
TAX 5250 - Tax Practice and Procedure3 credit hours
Tax Specialization Total15 credit hours
 
Total MSA Degree30 credit hours

Students with an undergraduate degree in a field other than accounting:

Course Summary
Accounting courses 3 Accounting Courses 9 credit hours
Elective courses 7 Courses 21 credit hours
Program Totals 10 Courses 30 total credit hours
Course Details
Accounting Core (2 required courses):
ACC 5001 - Comprehensive Concepts in Financial Accounting3 credit hours
ACC 5004 - Accounting Fraud, Discovery and Analysis3 credit hours
Capstone (1 required courses):
ACC 6000 - Financial Statement Disclosure and Analysis3 credit hours
Electives (choose 7 courses):
ACC 5003 - Governmental and Not for Profit Accounting3 credit hours
ACC 5005 - Advanced Financial Accounting3 credit hours
ACC 5006 - Accounting Information Systems3 credit hours
ACC 5007 - Auditing3 credit hours
ACC 5008 - Advanced Managerial Accounting3 credit hours
ACC 5015 - Taxation of U.S. Individuals3 credit hours
ACC 5020 - Taxation of Business Entities3 credit hours
BL 5100 - Business Law for the Accountant3 credit hours
Elective Total21 credit hours
 
Total MSA Degree30 credit hours
 
An additional elective offering will be for a qualified student to obtain no more than three credits by working as an accounting intern. This internship can substitute one 3 credit course from accounting only ACC 5003, 5005 or 5020.
ACC 5299 - Accounting Internships3 credit hours
In order to support student success in the program, individuals who do not have an undergraduate degree in accounting will be required to take prerequisites at the undergraduate level in the field of accounting. Upon admission to the program, students without a baccalaureate degree in business will be required to complete two additional graduate level courses in the fields of analytics and finance.

APPLICATION REQUIREMENTS

  • Current Verifiable Resume or Curriculum Vitae (CV)
  • Official Undergraduate Transcripts: Official transcripts are required from all undergraduate institutions attended, including the institution from which the baccalaureate degree was earned. An undergraduate cumulative grade point average (GPA) of at least a 3.00 on a 4.00 scale is required.
  • Professional Graduate Information Session: Consists of an interview with a DeVos Graduate School Admissions Representative and a writing sample exercise.
  • Prerequisites: Vary based on undergraduate degree and prior coursework.
See also: Admission Requirements.

EMPLOYMENT IN ACCOUNTING

Dynamic changes over the past two decades has created strong demand for talented accounting graduates. An increasingly sophisticated business and regulatory environment creates a need for graduates who possess thorough technical skills combined with an ability to creatively think through accounting issues and their financial implications. Accounting graduates can expect to find employment opportunities in public accounting, both large and small private sector businesses, and governmental entities.