University of North Carolina- Chapel Hill is also featured in our ranking 30 Top Affordable Master’s in Accounting/Master’s of Accountancy Degree Programs.
Earning a Masters in Accounting at the UNC – Chapel Hill
The Master of Accounting (MAC) at the University of North Carolina – Chapel Hill gives students the choice of earning their degree online or through traditional, on-campus classes. Students of all educational backgrounds are eligible to apply, and the school shares that 98 percent of its graduates find employment after completing the program in just one year. The program is offered through the Kenan-Flagler Business School and is designed to provide students with the opportunity to work as traditional “number crunchers,” as well as work as business owners, entrepreneurs, and in finance departments. Many of the graduates from the program are able to find work with the nation’s largest accounting firms, as well as corporations and middle-market firms.
Classes students will take in the program include three courses of Financial Reporting, Introductory Finance, Auditing & Assurance Services, Federal Income Tax, and Data Analytics for Accountants. Students will also take Professional Communication for Accountants and Managerial & Cost Accounting classes. Available concentrations in the program include Tax and Auditing. For students in the tax program, additional courses include Tax Research, Corporate Tax Strategy, International Tax, and Taxation of Flow-Through Entities. Students who choose to focus on auditing will take Advanced Auditing, Applied Audit, Information Management & Analytics Technology for Accountants, and Accounting for Mergers & Acquisitions.
Various elective courses are also available to students in areas like negotiations, securities regulation, governmental accounting, commercial transactions, and financial statement analysis. Students interested in learning more about the degree program can tune into regularly scheduled webinars and live events hosted by the school’s admissions teams. Students will learn about the benefits of earning the degree, the admissions criteria and process, and about the classes required by the program. When choosing between the online and traditional program, there are some requirements that exist for each format.
Students interested in the on-campus program may enroll if they’ve earned no more than 12 credits of coursework in accounting. For the most part, the on-campus program is designed for students without a background in accounting. The on-campus accounting program begins in June. Alternatively, students may choose the online program, which may be completed in 12 to 36 months with flexible scheduling. Students of all educational backgrounds are eligible to apply for entry into the program and may also start the program in several months including January, March, June, and September. Students also have the choice to participate in an internship if they wish.
About University of North Carolina – Chapel Hill
Known by students as UNC, the University of North Carolina – Chapel Hill is located in Chapel Hill and is the flagship institution of the state’s university system. The school was chartered in 1789 and lays claim to being one of the oldest public universities in the United States. Today, the school is one of more than 17 schools in the state system and has more than 29,000 students attending classes. Around 8,200 students are enrolled in undergraduate programs, and about 11,100 are taking postgraduate classes. The university is located on a campus of 729 acres, and the school’s official colors are white and Carolina Blue. Students who participate in sports do so in NCAA Division I games as the Tar Heels. Popular teams at the school include women’s soccer, men’s basketball, and women’s field hockey.
University of North Carolina – Chapel Hill Accreditation Details
The University of North Carolina – Chapel Hill receives its institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges. The university must submit to reaccreditation every ten years, as well as provide an interim report five years after each successful accreditation cycle. Various colleges and schools within the university, as well as specific programs, are also accredited by a variety of agencies. For example, the School of Business and its selection of programs are accredited by the Association to Advance Collegiate Schools of Business. The university’s Master of Accounting degree is offered by the School of Business. Other accreditations include The American Bar Association, which has accredited the JD program offered by the School of Law, and the American Chemical Society, which has accredited the Bachelor of Science degree in Chemistry.
University of North Carolina – Chapel Hill Application Requirements
To apply for undergraduate, first-year admission to the University of North Carolina – Chapel Hill, students must meet minimum course requirements, as well as show evidence of participation in extracurricular activities while in high school. The application process requires the official online application, a non-refundable application fee of $85, an essay, answers to two short questions, official transcripts, and standardized test scores. Students should also submit a letter of recommendation and a secondary school statement from a school counselor. For graduate school applicants, students must submit a non-refundable application fee of $87.50, official transcripts from all college courses taken, three letters of recommendation, a resume, standardized test scores, and supplemental information required by the student’s chosen program.
Tuition and Financial Aid
Students attending the University of North Carolina – Chapel Hill will pay $25,407 if they’re in-state students and $50,990 if they’re out-of-state students per year for tuition, fees, and all costs associated with attending the school. Tuition costs are $9,005 for residents and $34,588 for non-residents. The school expects students to pay approximately $1,442 for books & supplies and $3,404 for other expenses. For graduate school, students will pay $11,940 for tuition and fees and may choose to live on campus for an additional $12,964 in rooming costs and $5,074 for the food plan. Books and supplies will cost around $1,605, travel expenses will come to $2,344, and health insurance will cost $2,222.
With personal costs and loan fees, the school estimates the cost for graduate school to come to $37,862 for in-state students who live on campus and $23,206 for students who live off-campus. Out-of-state students are estimated to pay $55,072 for the year when living on campus and $40,416 when living off-campus. For financial aid, students are eligible for federal financial aid packages, as well as private loans and scholarships through independent sources. Students should submit their FAFSA form if they want to qualify for loans through the school’s financial aid department. The university reveals that around half of students who attend the University of North Carolina – Chapel Hill receive some sort of financial assistance.
