Texas Tech University is also featured in our ranking 30 Top Affordable Master’s in Accounting/Master’s of Accountancy Degree Programs.
Texas Tech University is one of the top public institutions of higher learning in the state. Also called TTU and Texas Tech, it opened in 1923 as a tech college that provided opportunities for students who wanted to work in the growing number of tech fields in Texas. It also offered agricultural programs during its early years. Texas Tech expanded significantly in the 1930s as it added new residence halls and meeting spaces on its campus.
TTU is part of the Texas Tech University System and is the flagship campus in that system. The system includes campuses in other parts of the state that allow students to study medicine, computer science and hundreds of other programs. Students can now earn masters and doctoral degrees from the university too.
Washington Monthly ranked Texas Tech as the 141st best university in the entire country, and both Forbes and U.S. News & World Report rank TTU as one of the top in the nation. ARWU ranked Texas Tech on the global level, listing it within the top 500 of all colleges in the world today. Texas Tech offers opportunities for students to study abroad and allows students to do internships and other programs to gain professional experience. More than 6,000 graduate students and more than 30,000 undergrads take classes at Texas Tech every year.
Master of Science in Accounting
Texas Tech actually offers two different programs that help students earn a Master of Science in Accounting. The first of those is a 150-hour program designed for undergrads. They take accounting and business courses to earn a Bachelor of Business Administration (BBA) with an emphasis in accounting. Students who maintain a high grade point average can begin taking graduate courses in their junior years and take more of those classes in their senior years. Instead of spending two years to complete a Master of Science in Accounting (MSA) degree, these students can earn that degree after completing just one more year of study. They can graduate in five years instead of the full six years that it would usually take.
The other option is a more traditional MSA program. This program is only open to students who have a BBA degree from Texas Tech or another school with regional accreditation. Many graduates of this accounting program take the CPA exam as soon as they graduate and gain the right to work as CPAs. The program features several courses that go over the materials on that exam and help prepare students for that test. Students also work in small groups to prepare for the exam.
TTU boasts an almost 100% placement rate among its accounting graduates. Its placement rate includes both students who go to work in the accounting field and those who continue their studies at a higher level. The program features an accounting seminar that serves as an orientation for students studying at the graduate level. The university also hosts Meet the Firms events that allow students to network with accounting professionals and learn about available jobs in the field.
Texas Tech University Accreditation Details
The Southern Association of Colleges and Schools (SACS) granted regional accreditation to Texas Tech. This allows students to use financial aid that they get after completing the FAFSA and allows students to transfer credits earned at another college with regional accreditation to this university. Its accounting and business programs also have accreditation from the Association to Advance Collegiate Schools of Business (AACSB).
Texas Tech University Application Requirements
Texas Tech allows graduate students to start its MSA program in the fall, spring or summer. The deadline for those starting in the fall is July 1, and the university has a deadline of December 1 for students who want to start in the spring. Those hoping to start in the summer must submit their applications by January 15.
Like many schools today, Texas Tech has an online application that makes it easier for graduate students to apply. It typically takes students about an hour to complete the application, but they can create their own accounts and work on the application over a longer period of time. The university asks for a transcript from any college that the applicant attended. Once the university grants acceptance, it will ask students to submit an official transcript that shows the date the student finished his or her degree.
The Rawls School of Business requires other information for students applying to the MSA program. These students must submit two letters of recommendation that come from former professors or supervisors. The university wants to know more about the experiences that students have and their worth ethics. Students must also submit a transcript that shows all accounting courses they took at the undergrad level and the grades received in each class. Though most students must provide the university with an official GMAT score, those who took any graduate accounting classes at Texas Tech can skip this requirement.
Tuition and Financial Aid
Texas Tech charges a resident rate of $8,486 per year for graduate students who live in Texas. Students who live in a New Mexico or Oklahoma county that borders Texas qualify for this same rate. Residents of other states face a tuition rate of around $16,700 a year. The university estimates that students will pay more than $15,000 a year for room and board and all their other costs.
Prospective Texas Tech graduate students can apply for financial aid. They’ll use the FAFSA, which is now available at the beginning of October. The FAFSA determines if students qualify for financial aid based on how much they or their families can contribute to their overall costs. Many graduate students will receive financial aid in the form of loans, but some graduate students will also qualify for grants.
The university also offers two scholarships for accounting graduate students. Each one has a deadline in the late winter or early spring. The Texas Tech School of Accounting Scholarship awards funds to students who demonstrate high potential and those who do well in the accounting program. A second scholarship is available to students who took Intermediate Accounting and maintained a grade point average of 3.0 or higher in all accounting classes taken. Texas Tech University offers scholarships that help students graduate without taking out multiple student loans.
