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Degree Overview: Master of Accountancy (M.Acc.) Degree with a Controllership Focus

Majors Overview May 12, 2015

Get information about Master of Accountancy (M.Acc.) degree programs with a controllership focus and their educational requirements, coursework, job and wage outlook, and certification and continuing education choices.

Master of Accountancy (M.Acc.) Programs with a Controllership Focus

Students enrolled in a Master of Accountancy (M.Acc.) degree program are imparted a basic grasp of business finance. They may opt for a concentration in controllership or choose to complete elective coursework in the subject area. Basic courses in accounting are first completed, followed by controllership and finance.

Graduates of the program typically gain the knowledge they would need in order to take the Certified Management Accountant (CMA) or Certified Public Accountant (CPA) exams. Individuals can typically complete the program in 30 credit hours over the course of three semesters.

Educational Requirements

Admission criteria typically require incoming students to hold an accredited bachelor’s degree, preferably in accounting or a similar field. Students without a suitable undergraduate degree may also gain admittance provided they complete prerequisite courses in economics, accounting, and finance.

Coursework

Coursework includes corporate finance and preparation of financial reports, including income statements and balance sheets. Additionally, students are also taught the ethical values and critical-thinking skills they would need in order to make sound financial decisions. The curriculum may include taxation, macroeconomics, ethics and communications. Core coursework relating to the controllership concentration may include subject areas such as:

•Management accounting
•Accounting information systems
•Risk-taking and decision-making
•Cost analysis
•Forensic accounting

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth of 9% has been predicted for financial managers, including controllers (U.S. Bureau of Labor Statistics). In May 2012, these professionals brought in an average annual wage of $109,740 (BLS). Individuals who hold professional certification, in addition to a master’s degree can expect to enjoy the best opportunities in this competitive field.

Certification and Continuing Education Choices

Over the whole duration of accountants’ careers, skills may be updated through graduate courses and conferences. Those who seek careers in research or academia may choose to earn a Ph.D. in Accounting. CPA certification is mandatory for accountants that file reports with the Securities and Exchange Commission.

The CPA designation is obtainable through the passage of the American Institute of Certified Public Accountants’ CPA exam administered by the State Board of Accountancy. The CMA designation, offered by the Institute of Management Accountants, can be gained through the passage of a two-part, eight-hour examination.

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Searching Searching ...

Matching School Ads
1 Program(s) Found
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Online bachelor's and master's level Business programs are available.
  • Courses are designed to teach practical business solutions, with a career-focused curriculum.
  • Students can study in areas such as business, applied management, and business administration.
  • Experienced professionals equip students with a working knowledge of marketing, financing, accounting, and sales.
  • Students who have graduated high school in or before 2015 are eligible to apply.
  • Online Courses
5 Program(s) Found
  • Average class size is 25, allowing for more one-on-one time with instructors.
  • Has a 97% employment rate among available graduates.
  • All  graduates receive Lifetime Employment  Assistance—free and forever.
  • Michigan's largest independent college.
  • Most instructors are working professionals in the fields they teach.
  • Programs are continuously updated to ensure classes are career-relevant and in sync with what's needed in the industry
Show more [+]
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses

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