Why Study Accounting, Business, and Economics at Juniata?
Juniata College
Master of Accounting (MAcc)
The Master of Accounting program is designed to prepare students for entry into a world where individuals must have a command of relevant knowledge about accounting, management, and economics, and have a capacity to apply that knowledge in addressing problems and making decisions. The program will emphasize the development of skills necessary for a productive long‑term career along with a firm understanding of accounting theories and concepts. This understanding and development of skills will give students the knowledge they need to do well on the CPA Examination and achieve their career goals. Additionally, accounting skills are highly valued in the marketplace and can lead to career possibilities in corporate, non-profit sector, and governmental work. The Masters Application can be mailed to Professor Dominick Peruso.
- Students can complete this 32-credit graduate program in one year.
- MAcc program faculty have considerable experience in both professional and academic work environments.
- Class sizes are small and allow for lively discussion and personalized attention.
- Course work is unique in that the program includes financial economics as a requirement. Accounting professionals should understand the increasing complexity of financial market transactions in order to present transparent financial statements. The use of derivatives and securitizations has been at the root of recent stock and credit market trouble. Study of financial economics provides added expertise not found in traditional accounting curricula.
- The MAcc is also distinct in that it contains a course in accounting research, a rare requirement in master’s programs in accounting.
The MAcc program is designed to develop the following seven capabilities of our graduates:
- Having technical capabilities means understanding and using the technical methods, processes, procedures, and techniques of accounting and related disciplines.
- Decision-making capabilities involve the use of quantitative and qualitative decision techniques to design and implement a practical solution to a problem.
- Having communication capabilities means using spoken, written, non‑verbal and visual processes correctly and with sensitivity to the appropriateness and timeliness of the message or medium.
- Having conceptual capabilities means seeing the whole organization as a system, recognizing how the various components of the system depend upon one another, and how a change in any one part affects all the others.
- To work effectively as a group member, whether as a leader or a participant, requires human interaction capabilities. These capabilities involve correctly perceiving the interrelationships within a group of persons and controlling one's own behavior so as to make conscious, effective interventions in the group process.
- Information capabilities mean the student can locate, collect, and transform data into information using modern technologies.
- International capabilities involve the comprehension of the international environment in which business and economic activities take place. Students develop openness to multi-cultural experiences and the knowledge of the complexities which such experiences bring to managerial and economic activities.
Degree Plan for the Master of Accounting
Below are the courses by semester for the MAC program.
Fall Semester
Course |
Title |
Credits |
AC 535 |
Auditing |
4 |
AC 537 |
Cost Accounting |
4 |
AC 532 |
Corporate Taxation |
4 |
AC 534 |
Advanced Accounting |
3 |
AC 539 |
Accounting Research |
1 |
Total Credits |
16 |
Spring Semester
Course |
Title |
Credits |
AC 533 |
Governmental & Nonprofit Accounting |
4 |
AC 536 |
Federal Taxation of Individuals |
3 |
AC 538 |
Forensic Accounting |
3 |
AC 539 |
Accounting Research |
2 |
EB 563 or 565 |
Financial Markets & Institutions or Financial Theory & Analysis (offered alternating years) |
4 |
Total Credits |
16 |
Entry to the MAC program requires completion of the following courses or equivalents.
Prerequisites
Course |
Title |
Credits |
EB 131 |
Financial Accounting |
3 |
EB 232 |
Intermediate Accounting I |
4 |
EB 233 |
Intermediate Accounting II |
4 |
EB 203 or EB 204 |
Introduction to Business Law or Legal Regulations of Business |
3 |
EB 223 |
Principles of Microeconomics |
3 |
PL 230 |
Business Ethics |
3 |
EB 211 |
Business Statistics or approved statistics course |
3 |
MA 130 |
Calculus |
4 |
Total Credits |
27 |
Applicants to the program from outside Juniata College will have to have taken equivalent classes at another college/university. All applicants must have earned a bachelor degree from an accredited institution before being admitting into the program. Also, applicants are required to take the Graduate Management Admissions Test (GMAT). Personal data from the application will also be taken into consideration.
Tuition and Fees
Tuition for the MAcc program is $750 per credit. The total for the 32-credit program equals $24,000. On-campus housing and meal plans are available as space permits. Students are also required to pay technology and activity fees.
To apply to the program, complete the application form and send to:
Dominick Peruso, Chair, Accounting, Business, and Economics
Master of Accounting Program
Juniata College
1700 Moore Street
Huntingdon, PA 16652.
