McCombs School of Business – University of Texas at Austin - Master in Professional Accounting
UT Austin Master in Professional Accounting Program Structure
The UT Austin Master in Professional Accounting program (MPA) can be earned through three distinct, separate tracks: the traditional, one-year MPA (tMPA); an integrated MPA (iMPA) built for undergraduates that are also looking to earn a BBA; and an ECON-MPA for students attempting to earn a degree in Economics at UT Austin. Those in the traditional path must have an accredited Bachelor’s degree. However, no work experience is required.
The MPA curriculum at McCombs features customization to the preferences of the student’s desired career path, with tracks and MBA elective options in: finance; information technology; strategy; management; international business; business law; real estate; and more. Certificate programs are also available as options.
The most recent tMPA class at McCombs featured 62 students, 53 percent of which were female and 47 percent of which were male. The majority of the class, 57 percent, enrolled as non-state residents, with 43 percent Texas residents. There were 234 students enrolled in the iMPA class, with 47 percent female students and 53 percent male students. The majority of iMPA students, however, did come from Texas, at 86 percent.
The average GMAT score of the tMPA class was 668, the GPA was 3.7, and 53 percent of students in the program studied accounting as undergraduates. For the iMPA class, the GPA was 3.68.
About 84 percent of graduates from the various McCombs MPA programs earned careers in various divisions of the public accounting industry, with less than seven percent earning roles in consulting and finance combined.
The average salary per year varied from $55,000-85,000 for the most recent class, with those in finance typically earning the highest annual salary and signing bonuses.
Tuition, Scholarships, and Financial Aid
The estimated tuition rate for the University of Texas MPA program at the McCombs School of Business is currently $10,053 per semester (nine credit hours) for in-state residents. For out-of-state residents, that nine-credit tuition rate is $15,458. Because of the variance in MPA programs, the total tuition costs can range from $25,352 to $39,191.
All admitted applicants from the U.S. are automatically considered for merit-based scholarships, in addition to the $10,000 Terri L. Holbrook Scholarship in Accounting (for students in the taxation track), the Fifth Year Accounting Scholarships (for Texas residents intending to complete their CPA in Texas), and more. Teaching assistantships are also available for select applicants, who can work on-campus for up to 10 hours per week.
Federal loans are available for select U.S. applicants, with private loans options also available for both domestic and international residents.
To apply to the University of Texas MPA programs at the McCombs School of Business, students are advised to have previously completed the following courses: Principles of Macroeconomics; Principles of Microeconomics; Introduction to Statistics; Introduction to Financial; Accounting; and Introduction to Managerial Accounting. These courses can either be completed in-person or online, depending on preference.
No formal work experience is required in order to apply, but it is strongly advised. An accredited undergraduate degree is, however, required in order to apply (or a three-year equivalent degree). The minimum advised undergraduate GPA for applicants is 3.0.
In addition to a completed application, the following must also be submitted:
• Official transcripts
• A one page résumé
• Two letters of recommendation
• Statement of purpose essay
• GMAT/GRE scores (no minimum score required)
• IELTS or TOEFL test scores (if necessary for English-speaking requirement)
• $125 fee
Application deadlines are as follows:
U.S. Early – Dec. 1
International – Jan. 5
U.S. Final – March 31