With increasing nationwide trends to regulate the accountancy field, graduate studies like those from accredited accounting degree programs in Illinois can build the professional competencies desired by employers.

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These competencies prepare accountants for 21st-century workplace demands in accountancy, auditing, financial and administrative positions while laying groundwork for them to take the Certified Pubic Accountant or Certified Management Accounting exams. Candidates can choose to earn a master’s with technical or business foundations depending on which best suits personal career aspirations. Regardless of the choice, credentials from accredited accounting degree programs in Illinois can lead to competitive career advantages. To see more accredited accounting degree programs in Illinois, visit Master of Accounting Degree Programs in Illinois (A-P).

Southern Illinois University Carbondale

College of Business, School of Accountancy

Since 1869, SIU Carbondale has provided student-centered, comprehensive academic studies with strong research foundations to attract diverse learners. The Carbondale campus stands as the flagship of the SIU system and earns the highest recognition from the Carnegie Foundations for the Advancement of Teaching for community engagement. This outreach philosophy offers students in programs like accountancy experiential learning opportunities through more than 3,000 community partnerships. SIU Carbondale earns consistent placement among top national and public universities in publications like U.S. News & World Report, Forbes and The Princeton Review.

Master of Accountancy (MACC)

Curricular studies develop understanding about trending accounting practices, professional work ethics and industry standards to prepare candidates for licensure exams and careers across accounting sectors. The 30-credit program allows candidates to concentrate in taxation, or auditing and accounting information systems. Both concentrations require the following core studies:

-Advanced managerial accounting
-Corporate taxation
-Government and non-profit accounting
-Business ethics
-Emerging accountancy issues
-Information technology auditing
-Advanced auditing

Additional studies consist of concentration courses and approved electives. Studies in concentration areas cover the following topics:

  • Taxation
    -Tax accounting principles
    -Tax research and procedures
    -Partnership and corporate taxation
    -Estate and gift taxation
    -State, local and federal income taxes
    -International taxation
  • Auditing and Accounting Information Systems
    -Information systems and design
    -Information systems management
    -Enterprise network communication
    -Advanced accounting information systems
    -Advanced auditing
    -Information technology auditing
    -Fraud and forensic auditing
    -Accounting research

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

School of Accountancy
Rehn Hall, Room 230A
Mailcode 4631
Southern Illinois University
Carbondale, Illinois 62901

Dr. Marc Morris
(618) 453-1405

http://business.siu.edu/academics/macc/index.html

Southern Illinois University Edwardsville

School of Business

As part of the Southern Illinois University system since 1965, SIUE maintains historical ties to the southwestern Illinois region while fulfilling its mission as a highly regarded metropolitan university. Academic programs encompass a comprehensive liberal arts education enhanced by hands-on learning and research opportunities that enable graduates to earn competitive positions in global professions. The university’s business programs, including accounting, consistently receive recognition for being among the top in the country by The Princeton Review. SIUE also comes in at No. 47 for regional universities in the Midwest and at No. 11 for public schools on U.S. News & World Report’s national rankings.

Master of Science in Accountancy

MSA candidates can expect to take 30 to 48 credits depending on their baccalaureate background and professional work experience. The degree can be taken as a generalist track or concentrated in taxation. Minimum course requirements cover nine credits in advanced accounting and 21 credits of approved electives in accounting, financial, taxation, auditing and computer systems courses. A research project and final examination round out the requirements. Graduates from this program can sit for the CPA exam and apply for mid-and-upper-level positions as auditors, tax specialists, consultants, managerial accountants or systems experts. The following topics represent some of the core and elective choices:

-Financial and managerial accounting practices
-Financial accounting theory
-Environmental and organizational influences on accounting practices
-Tax research
-21st-century accounting trends
-Taxes and business strategies
-Multinational taxation
-Tax planning for individuals and corporations
-Advanced auditing procedures
-Computerized accounting and information systems

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

Office of Business Student Services
Founders Hall, room 3301
P.O. Box 1186
Southern Illinois University Edwardsville
Edwardsville, Illinois 62026

Michael L. Costigan, Ph.D.
Professor and Chair
(618) 650-2657

University of Chicago

Booth School of Business

As a private university with strong research ties, the University of Chicago consistently attracts top-notch faculty and invests in innovative educational programs. Innovative practices include using interdisciplinary approaches to transform professional perspectives and develop leadership potential. This is especially true in the Booth School of Business, where students studying fields like accounting can tap into cutting-edge research opportunities and ideological trends that shape business practices. UChicago cross-categorically ranks at No. 4 for best national universities, business schools and accounting programs according to U.S. News & World Report. It also appears regularly on top school lists compiled by Forbes and Time Higher Education World University Rankings.

MBA in Accounting

Accounting professionals can earn a UChicago MBA in Accounting via full-time, evening or weekend programs. This program flexibility allows candidates to access studies based on work and personal schedules. Curricular studies incorporate aspects of psychology, economics, accounting, sociology, and statistics for a broad-based degree that prepares graduates for many higher-level positions across accounting platforms. Program requirements encompass 63 credits that come from the following MBA foundation courses, advanced business and management studies, leadership training and electives in the concentration of accounting:

  • Foundation Courses
    -Financial accounting
    -Microeconomics
    -Business statistics
  • Business and Management Studies
    -Introductory and corporate finance
    -Marketing strategies
    -Operations management
    -Managerial accounting and decision-making
    -Organizational and human resource management
    -Business policy and competitive strategies
  • Accounting Concentration Elective Categories
    -Cost analysis and internal controls
    -Advanced accounting and financial analysis
    -Financial statement analysis
    -Taxes and business strategies

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

Booth School of Business
University of Chicago
Gleacher Center
450 North Cityfront Plaza Drive
Chicago, Illinois 60611

(773) 702-7369 or (312) 464-8787

Overview: http://www.chicagobooth.edu/programs/full-time/academics/curriculum
Full-time: http://www.chicagobooth.edu/programs/full-time/academics/curriculum/accounting#tabContent1
Evening: http://www.chicagobooth.edu/programs/evening/academics/curriculum/accounting#tabContent1
Weekend: http://www.chicagobooth.edu/programs/weekend/academics/curriculum/accounting#tabContent1

University of Illinois at Urbana-Champaign

College of Business

The University of Illinois at Urbana-Champaign promotes rigorous academics, research, economic development and public service that enable graduates to succeed in 21st-century professions. UIUC offers master’s accountancy programs for candidates from all baccalaureate backgrounds. The accounting program receives particular notice by leading publications and industry leaders supplying the Big-Four CPA firms with leaders for the accountancy profession. UIUC garners recognition from U.S. News & World Report for being among the best national universities and public schools in the nation and additionally ranks at No. 47 for best graduate business schools and at No. 3 for graduate accounting programs.

Master of Accounting Science in Accountancy

The UIUC campus offers an MAS degree for undergraduates who are earning or have earned an accounting baccalaureate from U of I. The one-year, 32-credit degree can be concentrated in taxation, information technology and control, business and public policy, finance, corporate governance and international business, or supply chain management. MAS graduates are eligible to take the CPA exam and go on to establish careers with the Big-Four CPA firms and other employers across public and non-public platforms. Required classes include risk measurement, reporting, and financial statement analysis. Concentration and elective studies fall under these categories:

-Managerial accounting
-Advanced auditing and assurance standards
-Federal taxation
-International taxation
-Tax policy, procedures and research
-Information systems and accounting practices

Master of Science in Accountancy

The 32-credit MSA provides a pathway for individuals to pursue accountancy careers who hold baccalaureate degrees in non-accounting fields or non-UIUC accounting degrees from accredited institutions. Curricular and degree outcomes mirror those of the MAS program while ensuring that candidates have the appropriate foundations necessary to earn competencies qualifying them to practice and sit for the CPA exam. The following fundamental courses are required prior to taking concentration or approved electives:

-Accounting analysis I and II
-Managerial accounting
-Auditing procedures and practices
-Federal taxation

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

University of Illinois
College of Business, Graduate Programs
360 Wohlers Hall
1206 South Sixth Street
Champaign, Illinois 61820

Jon Davis
(217) 333-0857

MAS: https://business.illinois.edu/accountancy/programs/mas/
MSA: http://catalog.illinois.edu/graduate/graduate-majors/accountancy/accountancy-ma/

University of Illinois at Chicago

Liautaud Graduate School of Business

The Chicago campus of U of I offers academic excellence supplemented by experiential learning opportunities across dynamic urban settings. Students in professions such as accounting especially benefit from established partnerships with Chicago corporations at all levels that provide internships and networking platforms. According to U.S. News & World Report and Forbes, UIC compares favorably with institutional peers regionally and nationally for universities and public schools.

Master of Science in Accounting

Applicants for this degree can come from any baccalaureate background. Those with non-accounting degrees can expect to take additional business and accounting prerequisites. The minimum 32-credit program covers broad foundational topics in business, finance and accounting alongside approved accounting and business electives that personalize the MSA. Graduates are prepared for taking CPA or CMA exams and for landing competitive accountancy positions. Courses build advanced competencies in the following curricular areas:

-Financial accounting and statement analysis
-Federal taxation
-Business law and ethics
-Government and non-profit accounting
-Database accounting and information systems
-International accounting
-Accounting theory and paradigms
-Taxes and business policies
-Fraud examinations and forensic auditing
-Strategic performance management
-Corporate valuation

MBA in Accounting

This 54-credit MBA combines core business courses with electives in accounting. Core concepts tap into business principles concerning finance, accounting, corporations, organizational behavior, marketing and operations management. Required accounting courses cover financial accounting theories, management accounting and approved electives such as business law, income tax at all levels, financial statement analysis, fraud examination and case-based accounting research. The MBA in Accounting does not necessarily prepare graduates for taking the CPA exam but does enhance career advancement opportunities in corporate settings.

MBA/MS in Accounting

This joint degree allows candidates to complete MBA and MSA degrees simultaneously and requires 80 combined credits of accounting and business courses. Candidates with accounting backgrounds may receive approved waivers for some courses. Graduates can sit for CPA or CMA exams and enter upper-level executive positions. Minimum components from each discipline cover these areas:

  • Business
    -Financial accounting
    -Business microeconomics
    -Corporate finance
    -Organizational behavior
    -Operations management
    -Marketing
  • Accounting
    -Strategic performance management control
    -Corporate valuation and accounting information
    -Financial statement analysis
    -Accounting research and methodology

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

Graduate College
University of Illinois at Chicago
601 South Morgan Street (MC 192)
Chicago, Illinois 60607

(312) 413-2550

MSA and Joint MBA/MS: http://business.uic.edu/home-uic-business/liautaud-programs/master-of-science-in-accounting
MBA program page: http://business.uic.edu/home-uic-business/liautaud-programs/mba
MBA Accounting Concentration Courses: http://business.uic.edu/home-uic-business/liautaud-programs/mba/mba-concentrations#6b3c1436-e06c-419f-8a25-5d26b15aeaea

University of Illinois at Springfield

Department of Accountancy

Originally founded as Sangamon State University in 1969, SSU joined the U of I system in 1995 to bring greater educational opportunities to its student body and the region. Some of its prized qualities remained, however, such as high-quality academics and personalized instruction supported by experiential learning in cutting-edge career tracks like accounting. To that end, UIS offers an accountancy master’s that prepares students for professional licensing exams and rising careers across industry sectors. U.S. News & World Report ranks UIS at No. 8 for top public school and at No. 36 among regional universities in the Midwest.

Master of Arts in Accountancy

Candidates with any undergraduate degree can enter the 30-credit MA in Accountancy program after satisfying business and accounting prerequisites. Degree requirements encompass advanced accountancy core and elective classes, studies in business and administration, and a capstone project. The following accountancy trends are examined:

-Commercial law
-Advanced corporation and partnership taxation
-Advanced financial accounting
-Accounting research and analysis
-Fraud examination
-Advanced auditing principles
-Business contexts of accounting
-Accounting for government and non-profits
-Business ethics for accountants
-International accounting

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

Department of Accountancy
College of Business and Management
University Hall Building 4093
University of Illinois at Springfield
One University Plaza
Springfield, Illinois 62703

(217)206-6541

http://www.uis.edu/accountancy/curriculum/masters/

Western Illinois University

College of Business and Technology

Established in 1899 as a normal and training school, Western Illinois expanded into a regional institution currently serving more than 11,000 students. One of its 12 signature career programs is accounting, which offers a master’s that prepares graduates for the CPA exam and trending careers in public and private settings in finance, business and government. WIU comes in at No. 10 for top public schools and at No. 39 for best regional universities in the Midwest for U.S. World & News Report. It also regularly appears on top school lists for the region in Forbes and The Princeton Review.

Master of Accountancy

Curricular studies for this MAcc encompass 30 credits in accounting and related business courses. Core accountancy concepts cover topics in finance, management, international accounting, advanced accounting principles and advanced auditing. Meanwhile, approved electives provide breadth of knowledge across subject areas such as economics, marketing, decision sciences and information systems. Professional development is further enhanced by networking opportunities offered through internships with area corporations and businesses such as Caterpillar, Deloitte, McGladrey & Pullen, BDO Seidman, Accenture, John Deere & Co., and Clifton-Larson-Allen. Internship participation frequently leads to employment upon graduation.

Accreditations

  • Higher Learning Commission of the North Central Association of Colleges and Schools
  • AACSB International — The Association to Advance Collegiate Schools of Business

Contact

Western Illinois University
School of Graduate Studies
Sherman Hall 116
Macomb, Illinois 61455

(309) 298-1806 or 1(877) WIU Grad (toll free)

http://www.wiu.edu/graduate_studies/programs_of_study/acct_profile.php

While accountants can practice their craft without a CPA or master’s degree, those who do obtain these higher credentials can experience expanded career opportunities. A graduate degree solidifies competencies, builds knowledge about cutting-edge accountancy trends, and prepares candidates for passing the important licensing exams. With these facts in mind, earning the right credentials from reputable institutions such as accredited accounting degree programs in Illinois can lay the foundations that lead to career success.