Master of Accounting 3+1 Program Pathway
A 3+1 Program Pathway is available for Loyola's Master of Accounting (MAcc) program. This pathway lets you earn both a business undergraduate degree and a Master of Accounting (MAcc) in just four years.
Here’s how it works:
- Accelerated Pace: Complete your undergraduate degree coursework during your first three years.
- FourthYear Graduate-Level Classes: Complete your the Master of Accounting program during your fourth year at Loyola.
- Same Sellinger Curriculum: Complete the same undergrad and grad courses as our traditional programs, just faster!
Undergraduate Degree Credits |
First Year |
30-39 credits |
Second Year |
30-45 credits |
|
Third Year |
36 credits |
|
Graduate Degree Credits |
Fourth Year |
30 credit MAcc program |
Through the 3+1 pathway you will:
- Save time and money: Complete two degrees—a bachelor's and a Master's—in just four years for the cost of a typical Loyola undergraduate degree.
- Position yourself for success: Enter the workforce with a graduate degree, and the opportunity to sit for some or all of the CPA exam during the fourth year.
- Receive personalized advising: Your dedicated program advisor will ensure that you stay on track to meet program requirements for both degrees.
- Increased your earnings potential: Data from the National Association of Colleges and Employers (NACE) shows that the average starting salary for graduates with a master’s degree in accounting is significantly higher than graduates with a bachelor's degree.
Admission
Students who are admitted to Loyola University are automatically considered for entry into the accelerated dual-degree program in accounting, and those who meet the qualifications will be invited into the program during their first year. Students can indicate their interest in the program on the common application. Any intended major is eligible for the program, though business majors will have certain advantages in terms of CPA licensure.
Continuation
Accepted students must meet the following requirements in order to continue in the accelerated 3+1 accounting program:
- Be prepared to take a full load--typically 18 credit hours--each semester in order to remain on track with the program’s curricular requirements.
- Maintain a minimum cumulative undergraduate GPA of 3.0.
- Meet the continuation standards of the MAcc program once beginning graduate work.
- Demonstrate commitment to and progress towards completion of the program.
Year/Semester |
Course Name |
1st Fall
|
Introductory Language I |
Effective Writing |
|
Microeconomic Principles |
|
Business Statistics |
|
Financial Accounting |
|
1st Spring
|
Introductory Language II |
Encountering the Past |
|
The Art of Reading |
|
Macroeconomic Principles |
|
Managerial Accounting |
|
Data Analytics & Info Systems |
|
1st Summer
|
Free elective 1 |
Free elective 2 |
|
2nd Fall
|
Intermediate Language I |
Intermediate Accounting I |
|
Cost Accounting |
|
Management |
|
Calculus |
|
Foundations in Philosophy |
|
2nd Spring
|
Intermediate Language II |
Intermediate Accounting II |
|
Auditing of Accounting Info Systems |
|
Financial Management |
|
Marketing |
|
Theology Matters |
|
2nd Summer
|
Free elective 3 |
Free elective 4 |
|
Free Elective 5/Likely AC 499, Accounting Internship |
|
3rd Fall
|
Intermediate Accounting III |
Taxation of Business Entities |
|
Commercial Law |
|
Upper-level History or English |
|
Upper-level Philosophy or Theology |
|
Supply Chain & Ops Management |
|
3rd Spring
|
Ethics |
Advanced Accounting |
|
Auditing |
|
Strategic Management |
|
Natural Science |
|
Fine Arts |
|
4th Fall |
Audit Analytics |
Advanced Finance |
|
MAcc Elective 1 |
|
4th Spring |
Ethics for Accounting Professionals |
SEC Reporting |
|
MAcc Elective 2 |
|
4th Summer |
Advanced Financial Accounting |
Professional Communications |
|
Seminar in Accounting Practice |
|
MAcc Elective 3 |
Students in our 3+1 program pathway in accounting pay the undergraduate tuition rate for four years of study. Students who require additional time beyond four years will be charged the per credit rate for the MAcc program.
Loyola merit scholarships will continue to be awarded for the 4th year graduate degree portion of the accelerated dual degree program. They will not be awarded beyond the 4th year for any student that requires additional time to complete the program. Please note that any other institutional aid (i.e. Loyola Grant, non-need based grants, etc.) awarded does not carry over to the graduate portion of the 3+1 program pathway.
Course overload fees are waived during the fall and spring semesters for students in the accelerated dual degree program in accounting.
Some summer courses may be required to earn the accelerated graduate degree and are offered at no cost to students in the 3+1 program pathway.
MAcc 3+1 program pathway students have access to Loyola residential housing options and meal plans for both the undergraduate and graduate portion of their accelerated program.
Robert J. Callens, ’81, Partner, RSM US LLP
RSM has a long and very successful relationship with Loyola - supporting its programs, its faculty and staff, and its students. Over the years, we have recruited many of our most successful professionals from Loyola’s undergraduate and graduate programs. As a Loyola alumnus myself, I’m always proud when another Loyola student or alumnus joins the Firm.
John Peter Krahel, Ph.D., Assistant Professor of Accounting
While earning a Masters will almost certainly qualify a student to earn his or her CPA license, the true benefit such programs provide comes from a truly increased depth of knowledge.
Christine Aspell, BBA & Partner, KPMG LLP
As chair of the Accounting Advisory Board and a future employer of accounting students, I’m excited this new program will offer a clear path to completion of the 150-hour requirement, in addition to building a pipeline of very qualified CPAs for years to come.
Bob Jirsa, BA ’77, Partner, RSM US LLP
The new MAcc curriculum is focused on developing deeper technical, communication and decision making skills, providing graduates crucial tools for successful careers in public accounting and beyond.
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