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General Questions

If you are not a current University of Illinois student, you may have a few questions about the MAS program. Please find a list of the most common questions below. If you are currently a student at the University of Illinois, most of these answers will not apply to you.

Is the MAS program STEM designated?

Yes! 

Is there a benefit to applying early for the MAS program or financial aid?

While final decisions will typically not be made until after the February 1 deadline, early admissions and financial aid decisions may be made in some cases.

What if my university does not offer an undergraduate accounting degree but instead offers a business administration degree with an accounting concentration or an accounting focus?

You can apply to the MAS program as long as the accounting coursework you will have taken upon graduation, at a minimum, includes the following classes (equivalent to Gies College of Business core accountancy classes listed below):

  • ACCY 301 - Accounting Measurement and Disclosure
  • ACCY 302 - Decision Making for Accounting
  • ACCY 303 - Accounting Institutions and Regulations
  • ACCY 304 - Accounting Control Systems
  • ACCY 312 - Principles of Taxation
  • ACCY 405 - Assurance and Attestation or ACCY 415 Auditing Standards and Practice
  • ACCY 410 - Advanced Financial Reporting or ACCY 451 Advanced Income Tax Problems
Can I have my unofficial university transcript reviewed prior to applying to the MAS program to determine if I am eligible?

Due to the significant number of requests, we are unable to provide pre-application reviews of transcripts to determine individual eligibility. If, after a full committee review, a student is determined not eligible for the MAS program, the MAS program can refer applicants to one of our other two master's level accountancy programs.

How many students are in the MAS program?

Approximately 220 students.

GMAT

Is there a minimum GMAT score required for acceptance to the MAS program?

There are no minimum requirements for GMAT scores. We use the GMAT score details to assess student analytical skills, as our program is data analytics heavy and the focus on communication skills is increasing.

Should I apply for a GMAT waiver?

It is highly recommended that all applicants take the GMAT, as waivers will only be granted in rare cases where applicants have clearly demonstrated their qualification through work experience and/or academic record. Prior academic performance, post undergraduate degrees, certifications such as the CPA, and professional work experience are all considered when evaluating GMAT waiver requests to determine a strong quantitative and verbal background.

Please note that a GMAT is required for all applicants who will be applying for scholarships or teaching assistantships.

Does my overall GPA need to be a 3.0 or just my accounting GPA?

Both your overall GPA and your GPA for your Accounting courses must be a 3.0 to be considered for the MAS program.

Does the 3.0 accounting GPA include both my lower division (introductory) and upper division (advanced) classes?

An ACCY GPA of 3.0 in all accountancy classes is required as well as an overall GPA of 3.0.

Does this include the accounting classes that I am currently taking or will be taking next semester?

The ACCY GPA requirements include all accountancy classes taken during your undergraduate program, including those taken after the application is submitted. Should your GPA drop below 3.0 after acceptance, there is a high probability that your admission may be denied due to failure to make the minimum ACCY GPA.

Requirements for International Students 

If English is not my first language, do I have to take the TOEFL or IELTS exam?

As long as you have completed a minimum of two years of your undergraduate education in the United States, a TOEFL or IELTS score is only required if you apply for an assistantship. Please note a GMAT score is also required to apply for any type of financial aid.

When do I have to complete these exams?

In order for your application to be considered, the scores must be submitted by the February 1 deadline.

Does all of my undergraduate coursework have to be taken at an accredited US institution?

Yes, a four-year undergraduate degree in accounting from an accredited US institution is required.

Can you share the demographics of the MAS program?

Because we just opened enrollment to students from outside the University of Illinois for the first time in 2018, we do not have these statistics. Our program is a mix of both domestic and international students.

If my undergraduate institution is located outside of the United States but is accredited/affiliated with a US institution, am I eligible for the MAS program?

At this time, the MAS program is not accepting applicants from institutions not physically based in the United States. The MAS program will refer applicants to one of our other two master's level accountancy programs.

Application-Related Questions

Program Tab
  • Program: Select Accountancy from the drop down menu
  • Degree: Select Accountancy MAS from the drop down menu
  • If you do not hold an undergraduate degree in accountancy, or if you obtained your degree outside of the US, you are not eligible for the MAS program and must apply for the MSA or iMSA program
  • Both Field of Specialization and MAS Concentration must be selected.
Financial Aid

A GMAT score is required for all applicants who will be applying for scholarships or teaching assistantships.

Application Fee Waiver

This section only applies to students who have been previously notified of their eligibility. If you have not been notified that you are eligible for a fee waiver, you must pay the application fee.

Financial Aid Application

Please be sure to rank your preferences for the types of assignments and courses – there should be no ties.

Letters of recommendation for Diversity Fellowships must be mailed to the address provided by February 1 or the application will not be considered.

Is there a minimum GMAT score required for acceptance to the MAS program?

There are no minimum requirements for GMAT scores. We use the GMAT score details to assess student analytical skills, as our program is data analytics heavy and the focus on communication skills is increasing.

Please note that a GMAT is required for all applicants who will be applying for scholarships or teaching assistantships.

If English is not my first language, do I have to take the TOEFL or IELTS exam?

As long as you have completed a minimum of two years of your undergraduate education in the US, a TOEFL or IELTS score is only required if you apply for an assistantship. Please note a GMAT score is also required to apply for any financial aid.

Resume

A resume showing past academic and professional experience is required.

Personal Statement

A personal statement is required and it is encouraged for you to focus on any areas of your application which you would like to give more background or context. There is no character limit for the personal statement.

References

Three references are required and they will be notified as soon as you submit the contact information.

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