Accounting (Great Valley)

Admission Requirements

Applicants apply for admission to the program via the Graduate School application for admission. Requirements listed here are in addition to Graduate Council policies listed under GCAC-300 Admissions Policies.

Students who apply for admission should have completed course work substantially equivalent to an undergraduate degree in Business (or a business discipline) from Penn State University. Applicants to the Penn State Great Valley M.P.Acc. program should also have a grade-point average of at least 3.0 (on a 4.0 scale) in their final 60 credits of undergraduate course work, both overall as well as in accounting courses. If the undergraduate major is not Accounting, an applicant must have completed the following minimum core of accounting course work (or its equivalent) with a final grade of B- or better:

ACCTG 211Financial and Managerial Accounting for Decision Making4
ACCTG 310Federal Taxation I3
ACCTG 340Cost Accounting3
ACCTG 403Auditing3
ACCTG 471Intermediate Financial Accounting I3
ACCTG 472Intermediate Financial Accounting II3

All applicants to the Penn State Great Valley M.P.Acc. program are required to submit GMAT or GRE scores. A waiver will be considered if the applicant has an advanced degree (e.g., master’s degree or higher) from a regionally accredited university with AACSB accredited programs OR one or more professional business certifications including a CFA, CPA, FRM, and/or CMA, or doctoral degree (e.g., Ph.D., M.D., J.D.).

Degree Requirements

Master of Professional Accounting (M.P.Acc.)

Requirements listed here are in addition to Graduate Council policies listed under GCAC-700 Professional Degree Policies.

Students must complete a minimum of 30 credits at the 400, 500, or 800 level, with at least 18 at the 500 or 800 level, and a minimum of 9 credits at the 500 level. This includes 24 credits in the required core courses:

Required Courses
ACCTG 512Financial Accounting Theory and Reporting Problems3
BLAW 444Advanced UCC and Commercial Transactions3
ACCTG 806Taxes and Business Planning3
ACCTG 873Advanced Topics in Financial Reporting3
ACCT 532Accounting Information and Decision Systems3
ACCTG 462Governmental and Not-for-Profit Accounting3
ACCT 550Professional Responsibilities and Ethics in Accounting3
Electives
The remaining 6 credits of electives may be chosen from a list of approved electives maintained by the program office. Note that one of the electives must be a 500-level graduate course.6
Culminating Experience
ACCTG 831Advanced Auditing (Capstone Course)3
Total Credits30

ACCTG 831 serves as the capstone course for this degree. This capstone course taken at the end of the program uses all the knowledge gained from prior coursework and applies them through presentation and analysis of case studies. Students will study investigative accounting, consulting, and litigation support activities undertaken in forensic accounting engagements through the use of case studies. This capstone course includes a final capstone project which emphasizes case analysis to develop critical thinking and analytical skills in the use of accounting reports for broad-based business analysis. In this capstone project, students examine a current issue in accounting and regulation. Through this comprehensive capstone project, students acquire a big-picture understanding of accounting trends and regulatory issues, along with the critical-thinking skills to evaluate and debate them.

Student Aid

Graduate assistantships available to students in this program and other forms of student aid are described in the Tuition & Funding section of The Graduate School’s website. Students on graduate assistantships must adhere to the course load limits set by The Graduate School.

Courses

Graduate courses carry numbers from 500 to 699 and 800 to 899. Advanced undergraduate courses numbered between 400 and 499 may be used to meet some graduate degree requirements when taken by graduate students. Courses below the 400 level may not. A graduate student may register for or audit these courses in order to make up deficiencies or to fill in gaps in previous education but not to meet requirements for an advanced degree.

Accounting (ACCT) Course List

Accounting (ACCTG) Course List

Business Law (BLAW) Course List

Professional Licensure/Certification

Many U.S. states and territories require professional licensure/certification to be employed. If you plan to pursue employment in a licensed profession after completing this program, please visit the Professional Licensure/Certification Disclosures by State interactive map.

Contact

Campus Great Valley
Graduate Program Head James A Nemes
Director of Graduate Studies (DGS) or Professor-in-Charge (PIC) Bo Ouyang
Program Contact

Leanne J Wallace
30 East Swedesford Road
Malvern PA 19355
lxw31@psu.edu
(610) 648-3336

Program Website View