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Master of Accountancy (MAcc) Program: Trends and Some Thoughts on the Future

Master of Accountancy (MAcc) Program: Trends and Some Thoughts on the Future. BY: Terry J. Ward, Ph.D., CPA Program Director. Review of Current Program: Admissions Requirements. Admissions Requirements Undergraduate business degree from AACSB accredited School of Business

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Master of Accountancy (MAcc) Program: Trends and Some Thoughts on the Future

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  1. Master of Accountancy (MAcc) Program: Trends and Some Thoughts on the Future BY: Terry J. Ward, Ph.D., CPA Program Director

  2. Review of Current Program: Admissions Requirements • Admissions Requirements • Undergraduate business degree from AACSB accredited School of Business • 3.00 overall average • Other applicants • 400 minimum GMAT and • 950 composite score calculated as: 200 X Undergraduate GPA plus GMAT score • Rare exceptions and basically no conditional admissions

  3. Review of Current Program: Prerequisites

  4. Review of Current Program: General MAcc Program

  5. Review of Current Program: Tax Specialization Program

  6. MAcc Trends: Students Entering Program by Year

  7. MAcc Trends: Students Entering Program by Year

  8. Regression: Factors Impacting Performance in MAcc Program • Gender not significantly different • Type of undergraduate degree not significantly different • Undergraduate GPA most significant predictor of success • Have interaction effect though • Good predictor if student has degree from AACSB College of Business • Not a good predictor for students with undergraduate degree from international university

  9. Empirical Results Continued • GMAT score significant predictor of success in MAcc program • However, another interaction effect exists • GMAT scores not relevant for students with undergraduate degrees from AACSB schools • GMAT most important measure if student has an undergraduate degree from an international university

  10. Factors Impacting Program in the Future • New Dean • New Chair • Increased competition from other universities • Hiring and keeping good faculty • Keeping curriculum current and creative

  11. How MAcc Program can Continue to be Successful • Identify Niches • Continue emphasize on development of communication, critical thinking and problem solving skills • Continue developing each student’s use of technology and research skills • Identify goals of department and then • Faculty • Hire and reward faculty that are creative and willing to discuss change

  12. Tenure and reward faculty that care (not necessarily those easy on students) • Expect research consistent with the goals of the department • Have fair expectations of faculty, and expect faculty to meet those expectations • Find funding and support for faculty • Give faculty the time and facilities to be creative • Assess desired outcomes regularly • Students and Curriculum • Develop curriculum meeting demands of today’s work place • Assess performance of students • Assess satisfaction of employers of students

  13. THE END

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