Group of students in outside in a row

Assistantship, Fellowship, and Scholarship Opportunities

When you join the MAS program at Gies Business, you make a financial commitment to your future. Our commitment, in return, is to provide opportunities for financial assistance.

Teaching Assistantships

Teaching assistantships provide a resident-base-rate tuition waiver ($6,588 per semester) plus a monthly stipend (ranging from $988 - $1,304 per month for 2020-2021) in exchange for 10-13 hours of work per week. Teaching assistantships can be a cornerstone of your graduate experience as they provide connections and opportunities to work with faculty, students, and professionals.

The Department of Accountancy offers both non-classroom teaching assistant (NCTA) and teaching assistant (TA) positions. NCTA’s assist faculty in class preparation, grading, and other instructional responsibilities, but do not have any teaching responsibilities.

TAs on the other hand lead small, weekly discussion sections for ACCY 201 and ACCY 202. Within your assistantship application, you will have the opportunity to list your preference of an NCTA or TA position.

  • To apply for a NCTA or TA position, select "Yes" under the program tab in your Graduate College application. Applicants will be required to answer two short questions regarding their commitment and skills.
  • Assistantship decisions are based on academic performance in accounting and other university courses, as well as an evaluation of leadership and time management skills.
  • The resident base-rate tuition for 2020-2021 is $6,588 per semester. Initial appointments are for the fall semester only. Students will be notified if they have been re-appointed for the spring semester in December of each year.
  • An updated TOEFL score is REQUIRED for all non-native English speakers to apply for an assistantship. A minimum speaking score of 26 is required.
  • Click here for more information on assistantships and the Graduate Employee Organization (GEO).

Diversity Fellowships

The Department of Accountancy and MAS program seeks a mix of students with varying backgrounds and experiences. To that end, the department provides financial support, in the form of fellowships, to students who help further our diversity objectives. This award consists of a full tuition waiver, plus a $10,000 stipend.

  • To apply for a Diversity Fellowship, select "Yes" under the program tab in your Graduate College application. Applicants will be required to provide a personal statement describing how they believe their diversity will help contribute to the diversity of the Department of Accountancy graduate student body. Applicants will also be required to submit two letters of recommendation.
  • Approximately 10 Diversity Fellowships are awarded per year. Decisions are based on academic performance in accounting and other university courses, leadership skills, and diversity objectives.
  • Diversity factors include ethnicity, cultural heritage, recent immigration and citizenship, educational attainment of parents and grandparents, significant life experiences and challenges, special talents, and community service.

Department of Accountancy Scholarships

Thanks to the generous donations of alumni and friends, the MAS program has funds available for student scholarships. Most scholarships are awarded in the amount of $5,000.

  • To apply for a Department of Accountancy Scholarship, select "Yes" under the program tab in your Graduate College application. No additional information is required.
  • Scholarship decisions are based on academic performance in accounting and other university courses, as well as an evaluation of leadership skills demonstrated within an applicant’s resume.

Gies News and Events

news item picture

Five professors named ORMIR Fellows

Five professors from the University of Illinois at Urbana-Champaign have been chosen as fellows for the Office of Risk Management & Insurance Research (ORMIR) at Gies College of Business.