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Master of Accounting

Learn specialized skills to protect your organization

Automation and technology continue to transform the accounting field, presenting new opportunities to conduct business. By shifting focus from data entry to data analysis, accountants now have more flexibility to develop actionable strategies that add value to their clients’ financial interests. The ability to analyze and interpret financial information requires specialized skills that can help protect businesses from fraud, manage risk, and increase profitability.*

To prepare you to be an agent of change in this evolving field, the Norwich online Master of Accounting offers two program tracks that can help you to pursue accounting as a new career, or reinforce existing skills within the field.* Under expert faculty guidance, you’ll learn the theoretical base, practical skills, and competencies necessary to address complex accounting issues for organizations of every type, including corporations, government entities, nonprofits, and individuals.

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*Norwich University's Master of Accounting (MAcc) program extends student's knowledge of accounting theory, research, and practice, and offers the opportunity for significant educational credits towards various states' licensure requirements. It may lead some students to pursue a CPA license. Given the diverse educational backgrounds of our students and the variety of state laws governing CPA licensure, Norwich University has not determined whether its educational program is sufficient to meet the educational licensure requirements in every location in the United States. Additionally, further coursework, experience, fieldwork, or background checks may be necessary. Please review our Professional Licensure Disclosure.

*ACFE

Degree
  • Master of Accounting
Concentrations

Concentrations

Quick Info

1
Week Residency

Visit campus for culminating experience

15
Students

Maximum number per class

15-21
Months

Average time to program completion

7
September

First start date

10
August

Application deadline

Why Norwich

  • Learn from expert faculty members dedicated to your success, who provide one-on-one feedback, guidance, and a personal learning experience.
  • Apply for one of four start dates.
  • Benefit from a university recognized for academic excellence. U.S. News & World Report ranks Norwich University in the Top 100 for Regional Universities in the North (rankings based on undergraduate programs).

Accreditation and Recognition

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Norwich University is accredited by the New England Commission of Higher Education (formerly the Commission on Institutions of Higher Education of the New England Association of Schools and Colleges, Inc.).

logo, us news best colleges regional

Recognized for academic excellence, U.S. News & World Report ranks Norwich University in the top 100 for Regional Universities in the North. Rankings are based on undergraduate programs.

 


Scholarship Opportunities

Norwich University offers a range of opportunities to help you lower your overall tuition costs. Contact our admissions team today to learn more about the below options. Please note that scholarships are not additive. In addition to the below scholarships, students may also be eligible for discounts if their organization partners with Norwich University.

Achievement Scholarship

Recognizing your past academic and professional achievements, the Achievement Scholarship is for newly enrolled students. You could receive a $4,200 scholarship, which will be distributed equally over the courses of the program. To be considered for this scholarship opportunity, submit your application package (application form, resume, letter of intent, and essay (if applicable)) for your program of interest at least one week prior to the upcoming application deadline. The Scholarship Selection Committee will review all application materials and select the recipient. 

Norwich Alumni Scholarship

Norwich University alumni and their spouses, parents, and children are eligible to receive our Alumni Scholarship. The scholarship is award for each term of enrollment at $425 per term.

Active Duty Military Scholarship

Active duty, National Guard, and Reserve personnel are eligible to receive a $250 award for each term of enrollment in an online master’s degree program.

 

Help us learn more about your experience and see if you qualify for the Master of Accounting program.

Accounting Curriculum

Accounting Curriculum

Position yourself for career advancement and success through multiple pathways

The online Master of Accounting includes a Forensic Accounting concentration, or student may take the general path with no concentration chosen. Both feature two course tracks – Advanced Track and Full Track – based on educational experience.

Add education to your experience

The Advanced Standing Track is designed for career enhancers: students with an undergraduate degree in accounting, or who have professional experience with accounting, are eligible for advanced standing status.

The Advanced Standing Track offers an abbreviated timeline that proceeds directly into upper level coursework for students already working in the field.

Students entering through our Advanced Standing Track must complete 10 total courses — including six core courses and four concentration courses — for a total of 30 credits. You can complete advanced coursework in as few as 15 months.

No accounting background? No problem!

The Full Track is designed to accommodate the needs of career changers and others who are new to accounting or students with a bachelor’s degree in a non-business bachelor’s field.

Instead of requiring a set of bridge or prerequisite courses that must be taken before entering the degree track, the Full Track includes all relevant coursework in one convenient program.

Students entering through our Full Track must complete 14 total courses — including four foundational courses, six core courses, and four concentration courses — for a total of 42 credits. You can complete Full Track coursework in as few as 21 months.

Both the Full Track and Advanced Standing Track are designed from a real-world perspective and help to fulfill the 150 hours required to sit for the Uniform CPA Examination, in addition to meeting criteria for the CMA certification exam.

In addition, coursework emphasizes the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to interpret or produce financial statements for various types of organizations.

Our graduates can gain the ability to:

  • Understand the ethics of accounting on a personal, business, company, and international scope.
  • Demonstrate ethical knowledge of accounting practices adopted by professional accounting organizations such as the American Institute of Certified Public Accountants (AICPA) and the Institute of Management Accountants (IMA).
  • Utilize Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to interpret or produce financial statements for various types of organizations.
  • Perform advanced management accounting issues including cost behavior, activity-based costing, budgeting, pricing, cost management, capital investment, and inventory management.
  • Understand taxation as it applies to sole proprietorships, C and S corporations, partnerships, limited liability entities, and fiduciaries (based an advanced study).
  • Examine accounting theory within the context of policy setting and financial reporting.
  • Analyze, evaluate, and organize financial data to facilitate managerial decision-making.
  • Conduct in-depth analyses of an organization's financial information and provide written assessments of results.

Foundation Courses (Full Track Only)

The following courses are taken by students entering the full track only.

  • Introduction to Accounting Concepts and Practices
    AC500 3 credit hours

    This course provides an introduction to basic financial and managerial accounting concepts and practices. The course examines the role of accounting in producing information to support stakeholder decisions. Topics include transaction analysis and the accounting cycle, preparation and analysis of the financial statements. The course introduces several managerial accounting topics, such as cost definitions and behaviors, product costing and budgeting.

  • Intermediate Financial Accounting I
    AC501 3 credit hours

    This course provides further review of financial accounting topics introduced in AC500. The course discusses the development and structure of financial accounting theory.  Additional topics include a more in-depth review of the accounting cycle, the balance sheet, income statement, statement of cash flows and revenue recognition. An introduction to time value of money concepts as well as MS Excel applications in accounting is provided.

  • Intermediate Financial Accounting II
    AC502 3 credit hours

    This course focuses on entities that prepare financial statements, guided by principles of financial reporting practices and in accordance with Generally Accepted Accounting Principles (GAAP). These standards adhere to global practices and standards as well. To increase student knowledge and skills concerning these standards, the course begins with expanded explanations of income statements and balance sheets. As the course progresses, students will learn more complex accounting skills and applications such as leases, postretirement benefits and accounting for income taxes. The course includes advanced applications for the statement of cash flows.

  • Federal Income Taxation
    AC503 3 credit hours

    This course provides an introduction to general theory and fundamentals of federal income taxes as applied to individuals with an emphasis on individuals engaged in business activities. In addition, a brief review of tax laws applicable to business entities such as partnerships, S-Corporations, LLC, and corporations will be provided.

Core Courses

The following courses are completed by all students. Upon completion of the core courses, students enter the concentration of choice or take the general pathway.

  • Tax Planning and Research
    AC510 3 credit hours

    This course will prepare students to engage in tax planning and research activities. Students will utilize the Internal Revenue Code, regulations, rulings, and interpretations to research topics related to individuals and entities. Students will also focus on communicating results.

  • Contemporary Auditing Theory and Practice
    AC511 3 credit hours

    This course provides an in-depth study of auditing and other assurance services and rules for engagement. The course will review legal, regulatory, and other requirements imposed on the accounting profession. In addition, the course examines the auditing process, including risk assessment, gathering evidence, sampling as well as auditor communication and reporting.

  • Advanced Cost and Managerial Accounting
    AC512 3 credit hours

    This course examines the compilation and use of information to support management decisions. The course examines cost definitions, classifications, and behaviors. Topics examined in this course include product costing, activity-based costing, budgeting, pricing, incremental analysis, capital budgeting and other decision costing.

  • Accounting Information Systems and Control
    AC514 3 credit hours

    This course provides an examination of the use of information systems in the accounting process, with an emphasis on the design, implementation, operation, control, security, and audit of such systems.

  • Ethics and Professional Responsibilities for Accountants
    AC515 3 credit hours

    The course will discuss the relationship of ethical reasoning, objectivity, independence, and other core values into the development of the professional accountant. The course will review the ethical standards of the profession as issued by the AICPA and other regulatory bodies. The course will explore ways to integrate ethical behavior into professional life.

  • Advanced Financial Accounting, Reporting and Analysis
    AC522 3 credit hours

    The course examines selected topics in advanced financial accounting theory and applications. Topics include business combinations, interim reporting, and partnership accounting. The course reviews financial statement disclosure practices under US GAAP with an emphasis on how management choices affect the quality of earnings and financial position and overall financial statement analysis.

General Path Courses

  • Development of Financial Accounting Thought
    AC513 3 credit hours

    This course examines contemporary financial reporting issues in terms of the institutional, ethical, and regulatory environment and provides a framework for exercising judgment when literature provides no direct prescription for correct reporting. The course provides students the opportunity to identify, organize and integrate diverse sources of information to reach a conclusion or make a decision, and to analyze accounting issues by reviewing information and data.

  • Accounting and Reporting for Governmental and Not-For-Profit Entities
    AC521 3 credit hours

    The course examines accounting and reporting standards for governmental and non-profit entities. The course will specifically address how generally accepted accounting principles are applied to state and local governments and other non-governmental not-for-profit organizations. Other topics include fund accounting, the creation and use of non-financial performance measures and governmental auditing standards and reports.

  • Contemporary Topics in Accounting
    AC523 3 credit hours

    This course will explore various current issues in accounting and auditing. Topics that may be discussed include international accounting, forensic accounting, sustainability accounting, accounting for cryptocurrency and Block-chain transactions.

  • Data Analytics and Communications for Accountants
    AC532 3 credit hours

    This course provides an understanding of data analytic terminology and structure as well as use of available technologies. In addition, the course will review the foundations of communications in business accounting. Students will demonstrate effective business writing principles, prepare documents and presentations that are concise and accurate and supportive of the subject matter and the conclusions drawn. The course will include an intensive writing component.

Forensic Accounting Concentration

Those interested in specific career paths such as law enforcement or government service may be interested in the Forensic Accounting concentration, which provides students with practical, applicable knowledge to succeed in this specialized area. Skills include fraud investigation, mergers and acquisitions, bankruptcies, contract disputes, and other complex financial topics.

  • Forensic Accounting and Fraud Examination I
    AC530 3 credit hours

    This course discusses the skills need to the forensic accountant including investigation, dispute resolution, and litigation support. Emphasis is placed on theories, practice and methods of fraud prevention and detection. Interviewing techniques are discussed. The course provides an overview of the legal environment relevant to forensic investigations. Cases will be used throughout this course.

  • Forensic Accounting and Fraud Examination II
    AC531 3 credit hours

    The course is a continuation of AC530. This course examines occupational abuse and other specialized areas of fraud. Other forensic accounting services, such as cybercrime and business valuations and dispute resolutions, such as bankruptcy and divorce are examined.

  • Computer Forensic Investigations I
    AC534 3 credit hours

    This course focuses on various tools and techniques used to investigate digital incidents whether in a civil or criminal environment. Information assurance professionals are expected to have a broad understanding of digital incidents, their management, investigation and analysis.

  • Computer Forensic Investigations II
    AC535 3 credit hours

    This course builds on the materials issues and practices covered in AC534.

Residency

The in-residence graduate experience is one of our online students' favorite Norwich traditions. During the residency, you’ll take part in a variety of seminars and activities designed to strengthen the knowledge and skills developed in your coursework—including valuable demonstrations of real-world case studies and presentations designed to reinforce what you’ve learned. Other activities during the week include seminars, campus and area tours, and networking events where you can build professional relationships that can aid you throughout your career.

Residency week concludes with the conferral of your degree in front of your friends and family, cementing your place as a member of the Norwich family.


Admissions

At a Glance

  • No GMAT or GRE required
  • Undergraduate GPA of 2.7 or better preferred

Admissions Requirements »

Eligibility Requirements

  • A bachelor's degree from a regionally or nationally accredited U.S. institution, or an equivalent degree from a foreign institution, as evaluated by WESIERFSpanTran, or CED.
  • If English is not your first language, proof of English language proficiency is required. This can be demonstrated in one of three ways:
    • TOEFL - a minimum score of 550 (paper-based test) or 80 (Internet-based test) is required.*
    • IELTS – a minimum composite score of 6.5 is required.*
    • The applicant holds a baccalaureate or master’s degree from a college/university/institution in which the primary language of instruction was English.

Please Note:  All eligibility requirements are expected to be met unless noted in specific articulation agreements or memoranda of understand (MOUs).

Application Process

We encourage you to contact an admissions advisor (see below) if you need help at any stage of the application process. You will be required to submit the following items:

  • Application form
  • Resume that includes 3 professional references with contact information
  • Official transcript of your undergraduate degree from a regionally or nationally accredited university
  • Letter of intent
  • Proof of English language proficiency if applicable (TOEFL)
  • One letter of recommendation* (professional or academic)

*This requirement is being temporarily waived. Instead, applicants will be required to list three professional references on their resume, including contact information (phone and/or email) for each reference. Letters of recommendation can be reinstated without notice.

Professional Licensure Disclosure

Norwich University's Master of Accounting (MAcc) program extends student's knowledge of accounting theory, research, and practice, and offers the opportunity for significant educational credits towards various states' licensure requirements. It may lead some students to pursue a CPA license. Given the diverse educational backgrounds of our students and the variety of state laws governing CPA licensure, Norwich University has not determined whether its educational program is sufficient to meet the educational licensure requirements in every location in the United States. Additionally, further coursework, experience, fieldwork, or background checks may be necessary. Please review our Professional Licensure Disclosure.

To contact an admissions advisor:

Phone: 1-877.348.8153

Email: info@online.norwich.edu

Next Start Date

Monday, March 8, 2021

Application Deadline

Monday, February 8, 2021

Contact Admissions

Mon - Fri: 9 a.m. to 5:30 p.m. EST

 

Call: 1-877-348-8153
Email: info@online.norwich.edu

  • student writing in notebook
    Transfer Credits
    A maximum of nine graduate credits is transferable to this program. Transfer credits only are awarded for seminars that cover the same subject areas as a Norwich Master of Accounting seminar and are less than ten years old.
  • student at commencement
    International Admissions
    Norwich University welcomes students from all countries who want to study through our online programs. You must complete all the steps in the admission process.
  • norwich alum, Ben Bragdon
    Norwich Alumni Benefits
    Reconnect with Norwich to complete your master's degree. As apart of our alumni community, you are eligible for a $2,500 scholarship and other benefits.

Non-Discrimination Statement

Norwich University, in compliance with Title IV of the Civil Rights Act of 1964, Title IX of the Education Amendment of 1972, and Section 504 of the Rehabilitation Act of 1973, does not discriminate on the basis of race, religion, color, national origin, age, sex, or physical handicap in any of its policies, practices, or procedures.


Tuition & Fees

About

Norwich’s online Master of Accounting provides a top-notch educational experience. We work hard to help make it affordable. Financial aid and several strategies can help finance your education. Norwich is committed to making this often-difficult process easier for you.

Tuition at a Glance

  • Credit Hours: 42 (Full Track); 30 (Advanced Standing Track)
  • Cost Per Credit Hour: $850

2020-21 Tuition and Fee Schedule

Rate Per Credit
Term
Tuition
Additional Expenses Total
$850
$5,100 (advanced track); $7,140 (full track)
  • Technology - $300/term
  • Library - $75/term
  • Graduation - $150/one time
$27,525 (advanced track); $37,725 (full track)

Careers & Outcomes

The demand for accountants and auditors is projected to add 140,000 new positions to the job market by 2026. As accountants from the baby boomer generation retire, the supply of younger accountants entering the field isn’t enough to keep pace.** This creates greater opportunity for those seeking career advancement or enhancement. Professionals in the field earn a median salary of $70,500, according to the U.S. Bureau of Labor Statistics.

Graduates of the program can obtain accounting skills crucial to individuals in the public and corporate setting, with positions as:

  • Auditors
  • Financial Planners
  • Financial Managers
  • Accountants
  • Budget Managers
  • Budget Directors
  • C-level positions (i.e. CFO)

 

**Norwich University's Master of Accounting (MAcc) program extends student's knowledge of accounting theory, research, and practice, and offers the opportunity for significant educational credits towards various states' licensure requirements. It may lead some students to pursue a CPA license. Given the diverse educational backgrounds of our students and the variety of state laws governing CPA licensure, Norwich University has not determined whether its educational program is sufficient to meet the educational licensure requirements in every location in the United States. Additionally, further coursework, experience, fieldwork, or background checks may be necessary. Please review our Professional Licensure Disclosure.
**Accounting Today


Faculty & Staff

Program Director

Byron Henry
Byron Henry, PhD

Byron K. Henry is serving as the interim program director for the Accounting program. He earned his Ph.D. in accounting from Texas A&M University and his master’s degree in accounting from George Washington University. Henry has various field experience in accounting, including working with the Office of the State Auditor in Austin, Texas, and the international accounting firm, Ernst & Whinney. Henry has over 20 years of academic experience – most recently, Henry served as an associate professor at Stevenson University. He has taught multiple courses in accounting, which include accounting principles, financial accounting, managerial accounting, government and non-profit accounting, international accounting, and financial management. Henry has also served on multiple accounting associations in several leadership roles. He currently serves on the American Accounting Association.

Meet Byron »

Program Staff

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Kelli Sutton-Bosley, MAH, MMH
Associate Program Director
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Jennifer  West, M.S.
Associate Director of Advising & ADA Coordinator

Frequently Asked Questions

For what types of jobs would the Master of Accounting prepare students?

Norwich's online Master of Accounting prepares students to take on leadership and management positions in the industry as an Internal auditor, management accountant, budget director and chief cost accountant.

Do you have to choose a concentration before starting the MACC program?

Prospective students must select a concentration before beginning the program. However, the Program Director may make exceptions on a case-by-case basis. 

Will the MACC help with gaining the CPA credential?

The MACC coursework is designed to help fulfill the 150-hour requirement for the Uniform CPA Examination.

Are scholarships available?

Norwich University offers several scholarships. They are awarded based on merit, talent, or financial need. Learn more about available scholarship opportunities.

Are there tuition discounts?

If your company is a Norwich partner, you may be eligible for 10% discounted tuition. Ask your human resources department or check the current list of Norwich partners to find out. 

Does Norwich accept transfer credits?

Transfer credits, up to a maximum of one-third of the total credits of the graduate degree, may be awarded to those students who have successfully completed graduate-level seminars at other regionally- or nationally-accredited. Learn more about Norwich University’s transfer credit policy.