The University of Texas Rio Grande Valley

Accountancy with Concentration in Taxation (MACC)

CIP Code

52.0301.00

The Master of Accountancy (MACC) – Taxation concentration program is designed to enable students to compete for professional accounting positions in business and government as well as in public accounting firms. The degree supports the 150-hour requirements of the Texas State Board of Public Accountancy to sit for the Certified Public Accountant examination and permits specialization in accounting beyond that provided by the undergraduate accounting degree (Bachelor of Business Administration).

The MACC program provides a learning environment that develops a diverse set of skills in students (including technical, analytical, critical thinking, communication, and technological skills) to prepare them for professional careers in a dynamic world. The foregoing statement reflects the desired learning outcomes from both the undergraduate and graduate programs. The MACC program substantially enhances those learning outcomes.

The MACC program assumes that the student either has an undergraduate degree in accounting or has taken the foundation courses necessary to succeed in the program. It meets the needs of past graduates in accounting as well as those who may wish to retrain themselves to be accountants.

A student must have the permission of the Director of the School of Accountancy to enroll in more than nine hours of graduate work during a single semester regardless of the mode of delivery.

Admission Requirements

To be admitted to the graduate program in accountancy, prospective candidates must meet all the requirements for graduate admission to UT Rio Grande Valley. The decision to admit a student to the MACC program will be based on:

1.  GMAT score

2.  A letter of intent

3.  A curriculum vitae

4.  Undergraduate GPA of at least 3.0 in the last 60 semester credit hours.  

Application for admission must be submitted prior to the published deadline. The application is available at www.utrgv.edu/gradapply.

A waiver of the GMAT requirement may be granted to applicants who show proof of one of the following:

  • Have an active Certified Public Accountant (CPA) license
  • Hold a graduate degree from an Association to Advance Collegiate Schools of Business (AACSB) accredited university
  • Graduated with an undergraduate GPA of 3.25 or higher on a 4 point scale overall and in all their accounting course work

 

Program Requirements

Leveling Courses:

Students who do not have an undergraduate degree in accounting have to take (or must have taken) the following leveling courses before enrolling in MACC classes:

ACCT 6301Accounting for Managers

3

ACCT 3321Intermediate Accounting I

3

ACCT 3322Intermediate Accounting II

3

ACCT 3323Income Taxation

3

ACCT 3324Cost Accounting and Management

3

ACCT 3326Accounting Information Systems

3

ACCT 4327Auditing

3

Students can take ACCT 6301 or equivalent principles of accounting.

Required Courses - 12 Hours

ACCT 6321Advanced Accounting

3

ACCT 6333Business Law for Accountants

3

ACCT 6350Information Technology for Accounting and Control

3

ACCT 6380Professional Ethics

3

ACCT 6321: Students who have taken ACCT 4331 (or an equivalent undergraduate course) must take a graduate-level accounting elective instead.

ACCT 6380: Students who have taken ACCT 4350 (or an equivalent undergraduate, CPA-approved ethics course) must take a graduate-level accounting elective instead.

Taxation Concentration - 12 Hours

ACCT 6329Corporate and Partnership Taxation

3

ACCT 6330International Taxation

3

ACCT 6360Tax Research and Communication

3

ACCT 6362Wealth, Transfers, Trusts and Estates

3

ACCT 6329: Students who have taken ACCT 4329 (or an equivalent undergraduate corporate tax class) must take a graduate-level accounting elective instead.

Graduate Business Elective - 3 Hours

The Business Elective may include any graduate-level business course, excluding the foundation courses in the MBA program, subject to approval of the MACC Director/Coordinator.

Capstone - 3 Hours

ACCT 6341Accounting Research and Communication

3

Total Credit Hours: 30

Early Admission

Students with a declared BBA major in accounting who have completed at least 90 semester hours of coursework (including at least four upper-level accounting courses) and have a minimum GPA of both overall and in their upper-level accounting classes may apply for early admission to the Graduate College. These students will be admitted to the MACC program conditional on: (1) maintaining the 3.5 GPAs upon completing the 120-hour undergraduate accounting degree requirements; and (2) conferral of their undergraduate degree. Students conditionally admitted to the MACC program may take up to six hours of MACC classes in their senior year to facilitate a five-year completion time for both BBA and MACC degrees. In addition, the GMAT requirement is waived for these students. However, students must meet all other requirements of the Graduate College to receive a MACC degree.

Academic Standing

Three C Rule

A Master's degree candidate is ineligible to continue in the program if a grade of C or lower is received in any three courses taken to complete the requirements of the MACC degree. Receipt of a higher grade in a course that has been repeated does not cause the original grade to be disregarded in the application of this rule; all earned grades are included.

“F" Rule

A Master’s degree student who receives a grade of "F" will be automatically dismissed from the program. The student may appeal the dismissal from the MACC Program to the Dean of the College.