Missouri Southern State University has received approval from the Missouri Department of Higher Education to offer its first independent graduate program. MSSU will begin offering the Master of Accountancy (MAcc) degree in the fall 2014 semester.

The MAcc program will be a “stand-alone” program, operating out of Missouri Southern’s Robert W. Plaster School of Business. MSSU already offers graduate degrees in Teaching, Business Administration, Criminal Justice Administration, Dental Hygiene, Early Childhood Education, Instructional Technology and Nursing.  However, each is offered in cooperation with other universities in the state.

Dr. John Groesbeck, Dean of the Robert W. Plaster School of Business on the MSSU campus, said the program will prepare students for the field of public accounting and provide the number of credit hours required by most states to allow students to take the Uniform Certified Public Accountant Examination.

“Providing this master’s degree for our students is a major step forward,” Dr. Groesbeck stated. “We are pleased that the degree will benefit so many future CPAs and will round out educational opportunities in this discipline for students in the region served by Missouri Southern State University.”

The degree will include a special accelerated option for those working on bachelor’s degrees. The on-campus program is designed to be one year in length for a full-time student with a total of 30 hours of graduate work required.    Accounting majors who meet higher requirements can apply for the accelerated degree option during their junior year and complete the requirements for their Bachelors of Science in Business Administration and Masters of Accountancy degree at the same time within five years.

Accountants lead the way in overseeing accurate financial records, ensuring that taxes are paid and helping with financial planning. While a master’s degree is not required, almost every state mandates that prospective accountants graduate with a large number of credit hours.  For that reason, many choose to obtain a master’s degree.

“We look forward to providing this option for Accounting students at Missouri Southern,” said Dr. David Smith, head of the Accounting & Finance Department at MSSU.

“We think the accelerated degree option will be especially attractive to students.”