The College of William & Mary is also featured in our ranking 30 Top Affordable Master’s in Accounting/Master’s of Accountancy Degree Programs.
The Master of Accounting at the College of William & Mary is offered within the Raymond A. Mason School of Business with options for those who already have experience in accounting, as well as students who have an undergraduate degree in another area. The Master of Accounting (MAcc) degree is described as “rigorous” and a degree program that allows students to focus on Valuation & Advisory Services, Auditing & Assurance, or Taxation. Students interested in taxation may wish to explore the Master of Tax Equivalent while those looking into making a teaching career out of accounting may wish to enroll in the Accounting Research Emphasis option.
Classes students will take in the Audit & Assurance Emphasis include Government & Non-Profit Accounting, Advanced Auditing & Audit Research, Auditing Information Systems, and Forensic Accounting and Fraud Examination. The Academic Research Emphasis includes classes like Data & Analysis in Accounting Research, Current Research in Accounting, and Introduction to Academic Research in Accounting. Students who choose the Valuation & Advisory Services Emphasis will take Valuation & Fair Value Accounting, Taxation & Business Strategy, and Driving Organizational Performance, as well as other classes in areas like tax, finance, and data analysis.
All applicants to the program must have an accredited degree from a college or university. The typical student enrolled in the Master of Accounting program is a graduate of William & Mary, a returning student or new graduate, an accounting major, or a non-accounting major. The program welcomes everyone no matter their religion, age, race, nationality, sexual orientation, or color. Students who are accepted into the program may accelerate their time in the program by spending seven weeks in an accounting internship within the Experiential Emphasis option where real-world experience is inserted into the degree program. Students will even earn a salary while in the internship program.
At the start of the program, students will experience a five-day orientation that will introduce students to local recruiters, the program, and regional accounting firms. During the program, students will get to participate in mock interviews and special events designed to help students gain the information and tools they need to advance their careers after graduation. The program takes just one year to complete and offers a flexible curriculum for students interested in many different accounting environments.
About the College of William & Mary
First established in 1693, the College of William & Mary was the second college established in what would eventually become the United States. The school was created by Queen Mary II and King William III and was a royal college until 1776 after which it became a private institution. It would become a public college in 1906 and would remain so throughout the present. The school has around 8,400 students enrolled and is located in Williamsburg, Virginia. The suburban campus covers 1,200 acres, and the school’s official colors are green and gold. The school is considered a “Public Ivy,” which is a public university or college that offers educational programs of the same quality as schools like Harvard and Yale.
The College of William & Mary Accreditation Details
The Southern Association of Colleges & Schools Commission on Colleges has given institutional accreditation to the College of William & Mary. Additional accreditation has been given by the Association to Advance Collegiate Schools of Business (AACSB), the American Bar Association (ABA), and the Council for the Accreditation of Educator Preparation (CAEP). There are also some individual programs accredited by organizations like the National Association of School Psychologists (NASP), which has accredited the programs offered by the School of Education. The Council for Accreditation of Counseling and Related Educational Programs (CACREP) has also given accreditation to the programs offered by the School of Education.
The College of William & Mary Application Requirements
When applying to the College of William & Mary and its MAcc program, students may submit application materials before finishing all prerequisites, but they must complete those prerequisites before completing enrollment and beginning the program. Domestic students who have a GPA below 3.25 must submit GMAT or GRE scores and all international applicants must also submit standardized test scores. The college recommends that undergraduate students who are interested in applying to the program take their GMAT during their junior or senior year. To apply, students will also need to submit two academic or professional recommendations, as well as official transcripts from the student’s undergraduate degree. The application fee costs $100, and students must also complete the official online application. Students must complete an interview after submitting application materials. Students who don’t live close to the university may complete this requirement via a telephone or video call.
Tuition and Financial Aid
Tuition costs for students with in-state status at the College of William & Mary will pay $17,434 in tuition while out-of-state students will pay $38,735 for tuition. Students will also pay various fees, and room & board costs, as well as purchase books, incidentals, and purchase travel. Graduate degree tuition at the College of William & Mary varies based on the program in which a student is enrolled. Student in law school will pay in-state tuition of $34,000 and out-of-state tuition of $43,000. Those in programs within the Arts & Sciences, Education, and Marine Science areas will pay $15,760 for in-state tuition and $33,354 for out-of-state tuition. Students in the business school will pay $33,108 for in-state tuition and $44,480 for out-of-state tuition. Students enrolled in the Master of Accounting program will pay $34,008 for tuition if they’re in-state students and $44,730 if they’re out-of-state students. Exact costs for books, supplies, various fees, and living costs will vary based on the student’s program and living choices.
The Financial Aid Office at the College of William & Mary offers award letters with a variety of financial aid options like grants, Federal Work-Study, and student loans. The financial aid office determines a student’s financial aid need and creates an award designed to cover the entire amount of demonstrated need. Virginia students benefit from additional grant money offered by the school, and out-of-state students also have the opportunity to receive grants for up to 25% of the cost of attending their program. Students must fill out a FAFSA form before receiving a financial aid award letter and must submit the form each year thereafter while enrolled in a college degree program. Students interested in the Master of Accounting program at the College of William & Mary may wish to explore additional financial aid in the form of outside scholarships and private student loans.
