The Master of Accountancy (MACC) is a professional graduate degree that prepares students for a career in accounting. The program typically takes two years to complete and is designed to provide students with an extensive knowledge of accounting principles and practices, as well as an understanding of current business issues. Coursework typically includes financial accounting, auditing, taxation, business law, cost management, and business analytics. Students often also gain skills in communication, critical thinking, and problem–solving. Graduates of the program are prepared to pursue professional certifications such as the Certified Public Accountant (CPA) or Certified Management Accountant (CMA).
Master of Accountancy (MACC) Eligibility Criteria
In order to be eligible for the Master of Accountancy (MACC) program, applicants must have a bachelor‘s degree in accounting or a related field. Additionally, applicants should have a minimum GPA of 3.0 and a minimum of two years of accounting–related work experience. Depending on the university, applicants may have to provide additional materials such as letters of recommendation, a personal statement, and/or a resume.
Master of Accountancy (MACC) Colleges In India
1. Indian Institute of Management, Ahmedabad
2. Institute of Chartered Financial Analysts of India (ICFAI), Hyderabad
3. Indian School of Business, Hyderabad
4. Indian Institute of Technology (IIT), Delhi
5. Institute of Management Technology (IMT), Ghaziabad
6. Management Development Institute (MDI), Gurgaon
7. Xavier School of Management (XLRI), Jamshedpur
8. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
9. Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune
10. Institute of Public Enterprise (IPE), Hyderabad
Master of Accountancy (MACC) List of Stream
1. Accounting
2. Taxation
3. Auditing
4. Financial Reporting
5. Managerial Accounting
6. Corporate Finance
7. Financial Statement Analysis
8. Business Law
9. Risk Management
10. Fraud Examination
11. Data Analytics
12. Mergers and Acquisitions
13. International Accounting
14. Performance Measurement and Control
Master of Accountancy (MACC) Syllabus
The Master of Accountancy (MACC) syllabus includes a wide range of topics related to the financial management of an organization.
1. Financial Reporting: Introduction to financial reporting standards and the preparation of financial statements.
2. Managerial Accounting: Introduction to managerial accounting concepts, including responsibility accounting, budgeting, cost–volume–profit analysis, and performance measurements.
3. Taxation: Principles and procedures for federal, state, and international taxation.
4. Auditing: Principles and procedures for auditing financial statements for accuracy and completeness.
5. Corporate Finance: Principles and procedures for financial planning, capital budgeting, and investment decision making.
6. Accounting for Decision Making: Introduction to decision–making tools and techniques in accounting.
7. Accounting Information Systems: Introduction to how accounting information systems are used to support decision making.
8. Advanced Financial Reporting: Advanced topics in financial reporting and analysis.
9. Business Law: Introduction to business law and its impact on decision making.
10. Professional Ethics: Introduction to professional ethics and the ethical dilemmas that arise in the practice of accountancy.
