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MAcc Class Profile
Application Deadlines and Requirements
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Application review is conducted on a rolling basis and early applications are encouraged.
Spring Entry Term Application Deadlines
|Application Round||Application Open||Admission Decision|
|Early Notification||June 1 - July 31||Rolling|
|Round 1||August 1 - October 15||Rolling|
|Round 2||October 15 - December 15*||Rolling|
*Applications received after December 15 are reviewed on a rolling basis through January 1, as seats are available in the Spring Class.
Fall Entry Term Application Deadlines
|Application Round||Application Open||Admission Decision|
|Round 1||September 1 - December 1*||Rolling|
|Round 2||December 2 - February 1||Rolling|
|Round 3||February 2 - April 1**||Rolling|
*International applicants will be notified if they have been selected for an admission interview.
**Applications received after April 1 are reviewed on a rolling basis through June 1 as seats are available in the Fall Class.
Want to know more? Contact Midori Juarez at 757-221-2934.
Admission to the MAcc Program requires completion of the following steps:
GRE/GMAT waivers are available for domestic and international candidates who graduated or will graduate from a US four year institution with a 3.25 or higher GPA.
If you plan to enroll after your senior year, we strongly recommend taking the GMAT in the spring of your junior year or in the summer between your junior and senior year. You may submit an unofficial GRE or GMAT score report to the MAcc Admissions office by email at MAcc@mason.wm.edu or indicate your score in your application to expedite the processing. However, if required, official test scores must be received prior to admission approval. Test scores are only valid for five years. Test scores must be forwarded directly to William & Mary Raymond A. Mason School of Business by Educational Testing Services (ETS); our GMAT school is 9DDX743.
- WES Evaluation: We do not require a WES evaluation at the time you submit your application. So long as the candidate's official transcript is provided in English from the university or the transcript is in English you will not have to submit a WES evaluation prior to enrollment.
- Grades/GPA: We receive applications from students located all around the world and understand that the 4.0 or A-F scale favored by American universities is not always applicable. If this applies to your school, please leave those questions blank on the application. Do not attempt to recalculate or translate your GPA. We will take these cultural differences into consideration when evaluating your application.
- Test Score Reports: Unofficial and self-reported test scores will be used for application review however coinciding official scores will be required for all matriculated students.
English Language Proficiency Applicants must have a fluent command of rapid, idiomatic English and be able to express thoughts clearly in speech and in writing. If your native language is not English and you have not studied extensively in an English-speaking country, you must submit scores from the Test of English as Foreign Language (TOEFL), or the International English Language Test System (IELTS). Scores should be sent to the Graduate Management School. For additional information:
- TOEFL www.toefl.org
- IELTS www.ielts.org
- Educational Testing Service TOEFL/TSE Services (609)771-7100 (School code 7873)
Academic Preparation of International Applicants Applicants must have successfully completed the equivalent of a four-year U.S. bachelor's degree plus 12 years at the elementary and secondary levels to be eligible for admission. Please see below for country specific information:
- Australia, New Zealand and South Africa: Bachelor's honours degree or bachelor's degree where standard of completion is four or more years of full-time study.
- Bangladesh, India, Myanmar, Nepal, Pakistan and Sri Lanka: All three-year Bachelor's degrees are accepted. Transcripts must include a photocopy of the diploma and/or degree conferral showing the date, location, and institution from which the official degree was received.
- Canada: Three-year bachelor's degree from Quebec; four-year bachelor's degree from all other provinces.
- France or French-patterned education system: Degree or Diplome requiring four years of post-baccalaureate study from a university or a grand ecole.
- Germany: University Diplom, Magister Artium or Staatsexamen. Graduates of Fachhochschulen and Berufakademien are not eligible. The Vordiplom by itself is not sufficient.
- Indonesia: Sarjana (five years) or SI, awarded after four years of university study.
- Mexico, Spain, Central and South America: Completion of all courses and thesis or professional exams required for the title or degree of Bacharel or Licenciado/Licenciatura.
- Switzerland: Licence, Diplome or Diplom; four to five years of university study.
- United Kingdom and school following British pattern of education: Honours Bachelor's degree.
Each candidate is required to create an account and submit an online application form. In addition, a $100 non-refundable application fee is required. The fee is payable by credit card, personal check, cashier's check drawn from a U.S. bank or subsidiary, or wire transfer. William & Mary undergraduates and alumni, active-duty military, veterans, and those who have served in humanitarian organizations such as the U.S. Peace Corps, AmeriCorps, etc. are eligible for an application fee waiver. Please contact MAcc Admissions to receive a waiver prior to submitting your online application.
*Please note that if you have started an application prior to the Fall 2019 season, you will need to create a new application, as we have moved application systems. Our online application does not work with Internet Explorer. We suggest using Chrome, Edge, Firefox, or Safari.
The Admissions Committee requires official transcripts from each of the colleges and universities you have attended as a registered student (regardless of the number of courses taken), including summer school, study abroad, evening classes, etc. To expedite the application review process, applicants have the option of submitting nonofficial university transcript(s) as part of the online application. All matriculated students must provide official transcripts from all colleges and universities attended as a registered student prior to enrollment in the program.
We prefer electronic official transcripts, but also accept hard-copy official transcripts. Electronic transcripts must be sent directly from the institution to MAcc@mason.wm.edu. Hard-copy official transcripts should arrive in a sealed envelope with the signature of the Registrar across the seal. Do Not Open Official Transcripts. The sealed envelope must be sent to the MAcc Admissions office unopened.
Two professional and/or academic written recommendations specific to your intellectual and professional abilities are required and can be submitted anytime in the application process. In the online application, you will be given the option to provide email contact information for your recommenders so that they can complete your recommendation online using our template (preferred method).
If one of your recommenders is unable or chooses not to complete the online recommendation form, you may print out a Recommendation Form to be mailed to our office or returned to you in a sealed envelope with a signature across the seal. Letters should be written on letterhead stationery and must include a signature and full contact information for the recommender.
We require a response to the first essay question and offer you the opportunity to submit an optional personal statement.
At the top of each page, please put your full name and a complete statement of the question being answered.
- What qualities do you have that will make you a good accountant? What are you hoping to achieve during your studies in the MAcc program? (Approximately 800 words)
- Is there any additional information that you would like to share with the Admissions Committee, which would assist in reviewing your application? (250 words)
Work experience is not required for admission into the MAcc program. However, previous professional experience is considered when evaluating your application. Candidates with limited professional experience must be strong in other aspects of their MAcc application, including academic performance, demonstrated leadership achievement and campus or community involvement, and possess clearly articulated goals to offset the lack of experience.
We encourage you to limit your resume to two pages - one page resumes are preferred.
All students must complete the courses listed below prior to enrolling into the Master of Accounting program. However, it is not necessary to have them completed when you apply for admission.
Preparation and use of financial statements to communicate information about a variety of economic events to both internal and external users. At most schools, this is a two-semester 6 credit sequence. Applicants with less than six credits of Principles must demonstrate that their Principles course is substantively similar to the William & Mary Principles course.
This course focuses on the financial reporting environment: analyzing reporting choices, preparing financial statements, evaluating the quality of the reported information and assessing the role of financial information in resource allocation. Topics traditionally included in intermediate accounting are covered by tracking the effect of key business transactions on the financial statements and by analyzing key measures of performance evaluation such as profitability, competitiveness, financial flexibility, liquidity and operating efficiency. The class also examines the role of incentives on reporting choices and the link between financial statements and investment decisions.
This course focuses on an advanced study of topics in financial reporting that are traditionally considered in intermediate accounting. Reporting issues related to topics such as pensions, stock options, and deferred taxes are considered with reference to original source materials and accounting research.
This course focuses on the application of risk assessment procedures, statistical analysis, and other auditing techniques within the framework of generally accepted auditing standards. Ethics, judgement, and case studies are emphasized.
This course focuses on cost analysis for inventory valuation and income determination, as well as planning and control of routine operations and non-routine decisions. The relevance of cost concepts to modern decision tools is emphasized. There is substantial use of problems and cases.
This course focuses on the framework of the U.S. income tax system as it applies to individuals and businesses. The economic, political, social, and ethical issues involved in the creation and application of federal income tax policy is analyzed. Students will develop the ability to identify solutions to problems confronting the individual taxpayer.
FLEXIBLE PROGRAM OPTIONS
Both accounting and non-accounting majors can customize their degree-seeking timeline by applying earned credit hours to the MAcc degree requirements. Seven prerequisites must be completed prior to beginning the program but can be fulfilled by taking them during your undergraduate studies or in our Summer Boot Camp.
3+1 / 3.5 + 1 Years
Summer Boot Camp
Don't have your prerequisites completed? Take advantage of our Summer Boot Camp to complete the program in one year. All prerequisites are offered in an accelerated two-week format with the exception of Statistics. Boot Camp courses are $2,625 per course for in-state students and $3,825 per course for out-of-state students
Spring & Fall Start Dates
Tuition, Scholarships and Financial Aid
William & Mary provides our students with exceptional academic programs, comparatively low tuition and fees, and a compelling return on investment.
Please note that several expenses are one-time expenses and are not incurred during the spring semester. The cost of a laptop, books and supplies will vary greatly depending on individual needs. If you are currently serving as active duty military or think that you might qualify for in-state residency, please visit the William & Mary Domicile site to determine if you are eligible for Virginia residency for tuition purposes.
|2019-2020 Tuition and Fees||In-state||Out-of-state|
|Tuition and Fees||$34,848||$45,818|
|Miscellaneous (transportation, medical, etc.)||$3,000||$3,000|
|Books and Supplies (estimated)||$2,000||$2,000|
|* If you are an international candidate, please account for a one-time expense of $130 for International Student Orientation and an additional $65 per semester for ongoing International Student Services.|
With over 90,000 living alumni across the globe, William & Mary's alumni network continues to be one of its largest resources. William & Mary's Raymond A. Mason School of Business wants to put that resource to work to help continue to recruit top applicants to the Masters of Accounting (MAcc) Program.
To participate in this new program, William & Mary alumni can refer an interested student to the Masters of Accounting program by completing the online form. Students who are referred and apply will receive a $5,000 Alumni Referral Scholarship upon acceptance. To be eligible for the scholarship award, the Alumni Office must receive the alumni referral before the student submits an application.
Students who are referred and apply will receive a $5,000 Alumni Referral Scholarship upon acceptance.
Participating alumni can refer up to three students per academic term (spring and fall).
Accepted students can only receive one scholarship per year, regardless of the number of referrals they receive.
A student cannot receive a referral by a close family member (parent, grandparent or sibling) or a faculty member who teaches in the William & Mary MAcc Program.
To be eligible for the scholarship award, the Alumni Office must receive the alumni referral before the student submits an application.
The Office of Admissions will keep referrals on file only for the academic term to which the student applies.
For questions about the referral program, contact Matt Rheinecker, Director of Development, Accounting and Marketing at (757) 221-7847 or email@example.com.
For questions about MAcc Admissions, candidates are invited to contact Midori Juarez, Associate Director of Admissions at Midori.firstname.lastname@example.org or at (757) 221-2934.
The MAcc program at W&M focuses on the big picture, going beyond the debits and credits to talk about real-world cases, current issues in the profession, and challenges that we will face in independence and professional judgment. This program will prepare you well for the CPA exam, but it does not teach to the CPA exam. It goes beyond, preparing you not just for one exam, but for real practice as a CPA.
"It is a nice balance of individual and collaborative work with the latter being how students develop such long-lasting relationships."
"I thought William & Mary was the best option because no other school really had something like Boot Camp."
"I think the Executive Partner program is a great because you have access to a variety of business professionals with a wealth of experience. The networking events the program holds are helpful because the William & Mary network is very strong."
"The DC Trek was one of my highlights because we went up to Washington, DC and met with the SEC, the PCAOB, and the National Tax Office. It was first-hand experience seeing what they do every day and learning the different regulations and rules."
"I liked that a lot of the professors here have real-world experience working in the field because that’s something that was really important to me. When you’re learning in the classroom, the professors know the material from both an academic standpoint and how it takes shape in the real world."
"William & Mary makes sure that you’re going to come out of here as a well-rounded person with strong morals and work ethic and make sure that you’re competitive in the job market. I found that to be evident within two months of being in the program."
"I was drawn to William & Mary because of the competitive nature. Everyone is always pushing themselves to learn more and everyone's really smart, and I like that culture. It's not people being competitive against each other but coming together to push each other to be their best."
"They really want to get to know you – you’re not just a number, you’re not just a statistic."
"In order to understand business, you have to know the language of business, and that’s accounting."
"I think it really set us up for a lot of success. The professors are top tier, the student-to-teacher ratio is phenomenal, the facilities are top notch. I can't imagine anything better."
"William & Mary set us up academically. It's a top tier institution where we graduated with very strong degrees, learned from great professors and had very collaborative classroom environments."
"[The] staff, faculty and partners dedicated a lot of time and energy on my behalf. They provided career coaching events and one-one-one advising… I cannot imagine that I would be where I am today without their help."
“It is clear that when you graduate from William & Mary you are joining an elite network of successful individuals who truly care about giving back however they can.”
“The program teaches you a variety of valuable skills that you normally do not learn as an undergrad," he said. "The MAcc program helps mature you into a marketable employee.”
"The enthusiasm for the program and enumeration of the many internship and employment opportunities convinced me that this would be a great fit"
“I never thought of accounting as career. What really made me decide to go for it was William & Mary’s accounting boot camp. I didn’t realize I could go straight into a Master of Accounting program without having taken a single accounting class."
Something that I noticed that was different between William & Mary and other programs was that it was a very hands-on experience, they were really helpful.
Graduate Assistantships (GA)
Integrated Winter Field Experience
MAcc Admissions FAQ
Here are answers to some of the questions we hear most often during the application process.
No. We are delighted to have students from both accounting and non-accounting backgrounds. We have admitted students with undergraduate degrees in Finance, Economics and general Business as well as students with degrees in Engineering, International Relations, Government, Religious Studies and Art History, among others.
Everyone who enrolls must have had at least the seven prerequisite courses but an accounting degree is not required. Students with non-accounting backgrounds will have the opportunity to pick up the majority of the prerequisites during our summer boot camp.
GMAT or GRE score reports are required for all international candidates and strongly recommended for domestic candidates with a GPA below 3.25. We do accept both GMAT and GRE scores and show no preference to one score over the other.
You can complete and submit the online application form prior to your test date, but if upon review the committee requests a test score your application will be held until a score has been submitted.
Everyone who applies to the program is automatically considered for merit scholarships and no separate application is required. Scholarships are based primarily on a candidate's previous academic and work experience.
In addition, to merit scholarships, the MAcc program does assign a limited number of Assistantships every year. These roles do not reduce your tuition in any way but are paid positions.
IELTS exam. To receive full consideration candidates should score at least 100 on the TOEFL or 7.0 on the IELTS. Candidates that have completed at least four consecutive years of study in the US will not be required to submit an exam report.
So long as your international transcript can be delivered in English, we will not require a WES evaluation at the time you submit your application.
We offer a Principles of Accounting, Intermediate Accounting I & II, Cost Accounting, Auditing and Introduction to U.S. Federal Tax in the summer boot camp.
All the boot camp classes are fast-paced and require substantial work from the students. There is an additional charge for each class. None of the courses can be taken for MAcc program credit although all courses past the introductory Principles of Accounting class will help students complete the credits they need to sit for the CPA exam in the state of Virginia.