Program Overview

Master of Accounting MAcc

The Master of Accounting (MAcc) program is designed to provide students with the necessary skills and knowledge to succeed in the field of accounting. The program is comprehensive and career-focused, with a strong emphasis on professional accreditation.

Comprehensive

The MAcc program is designed to fulfill the CPA academic prerequisites, up to 16 months of the required 30 months of relevant CPA practical work experience, the 2 CPA core integration modules, 2 professional areas of study, and the 2 CPA capstone modules.

Career Focused

The MAcc program prepares students for professional accreditation and provides them with the opportunity to gain depth in career areas such as business valuations, forensic accounting, taxation, and finance. Students can take advantage of their MAcc courses to explore and discover potential career interests that will open doors to their financial management career.

PhD & Academic Career Mentorship Program

The PhD & Academic Career Mentorship Program is designed to provide undergraduate and MAcc students with an opportunity to learn more about an academic career in audit & assurance, cybersecurity, accounting information systems (AIS), or related fields. The program exposes students to the research and teaching responsibilities of accounting professors and provides them with valuable information about the benefits and costs of pursuing a PhD in the applicable area(s).

Admission Requirements

To be considered for admission to the MAcc program, students must meet the following minimum requirements:

• Successful completion of any of the following University of Waterloo four-year Honours undergraduate degrees, with at least a 75% average across all courses taken in the last two years of the program:
  • Bachelor of Accounting and Financial Management, with completion of the Professional Accountant Specialization
  • Bachelor of Math/Chartered Professional Accountancy Studies
  • Bachelor of Science/Chartered Professional Accountancy Studies
• Completion of the following set of courses, with a grade of at least 60% in each course and with at least a 70% average across all courses:
  • AFM 273 Financial Instruments and Capital Markets or AFM 272 Global Capital Markets
  • AFM 274 Introduction to Corporate Finance or AFM 372 Corporate Finance
  • AFM 291 Intermediate Financial Accounting I
  • AFM 311 Professional Ethics
  • AFM 321 Personal Financial Planning
  • AFM 341 Accounting Information Systems
  • AFM 362 Taxation 1 - Corporate Taxation
  • AFM 373 Cases and Applications in Corporate Finance or AFM 476 Corporate Financial Decision Making
  • AFM 382 Cost Management Systems
  • AFM 391 Intermediate Financial Accounting II
  • AFM 433 Business Strategy
  • AFM 451 Audit Strategy
  • AFM 462 Advanced Taxation
  • AFM 482 Performance Measurement and Organization Control
  • AFM 491 Advanced Financial Accounting