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Online Master of Accountancy

Northern Illinois University College of Business Online Master of Accountancy Program Structure

The Master of Accountancy (MAC) is designed to provide graduate students who have an undergraduate degree in a discipline other than accounting with a set of courses focused on the foundational areas within the accountancy discipline, enhancing students’ understanding of the role of accounting in business and other organizations. The MAC degree is designed to prepare candidates for a professional accountancy career and qualify them to sit for the Certified Public Accountant examination in Illinois.


The courses in this program are designed to provide graduate students with foundational knowledge for success in the accounting field. The MAC will help you develop industry-standard skill sets and enhance your understanding of accounting’s role in successful organizations. The curriculum was created alongside expert faculty to help students meet CPA exam requirements.

Required Courses (27)
ACCY 510 – Accounting Information Systems Credits: 3
ACCY 531 – Financial Reporting I Credits: 3
ACCY 532 – Financial Reporting II Credits: 3
ACCY 550 – Principles of Taxation Credits: 3
ACCY 560 – Assurance Services Credits: 3
ACCY 622 – Managerial Accounting Information Systems Credits: 3
ACCY 633 – Advanced Financial Reporting Credits: 3
ACCY 650 – Advanced Issues in Taxation Credits: 3
ACCY 670 – Accounting Research Credits: 3

Electives (6)
Electives totaling six semester credit hours to be selected from the following course offerings or from among relevant graduate offerings within the College of Business with approval from the Director of Graduate Studies (6)
ACCY 664 – Financial Statement Auditing Credits: 3
ACCY 675 – Data Analytics and Decision Making in Accounting Credits: 3
ACCY 679 – Seminar in Accounting Credits: 3

Class Profile

The Northern Illinois College of Business Online Master of Accountancy program has an average age range between 25-28 years of age.  In addition, the program has an even 50/50 percentage split of male to female students.

Tuition, Scholarships, and Financial Aid

The current estimated tuition for the Northern Illinois College of Business MS in Data Analytics program is $30,500 ($895 per credit). Students are eligible for the following sources of financial aid or tuition assistance:

Scholarships: Scholarships are awarded based on a variety of factors, including academic achievement and financial need. They do not need to be repaid. Many scholarships are awarded by NIU as well as private organizations.

Grants: Grants are offered by the federal and state governments, as well as by NIU, based on financial need. You need to file a FASFA to be considered for most grants. In general, grants do not need to be repaid.

Loans: You may choose to take out a federal loan and/or a private loan. To be considered for a federal loan you must file a FAFSA each year. Private loans may require a separate application and credit check. Loans must be repaid.


Applicants must complete an online application and provide the following:

Domestic Requirements:

  • Bachelor’s degree or higher from an accredited U.S. College or University
  • Strong record of academic achievement, demonstrated by cumulative GPA
  • Official transcripts
  • GMAT / GRE scores (optional, but may be submitted to supplement the academic record if GPA does not fully demonstrate academic ability)
  • Two (2) letters of recommendation
  • Resume
  • Completed application and fee

International Requirements:

  • International applicants must take GMAT or GRE and TOEFL or IELTS
  • Strong record of academic potential, demonstrated by GMAT or GRE score. Official transcripts from all institutions attended will be required.
  • An official IELTS (minimum 6.5 overall) or TOEFL (minimum 80) score must be sent directly from the testing agency.
  • Resume
  • Two letters of recommendation

The next application deadlines is August 14, 2020.

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