Qualifications

No! The program is designed for non-accounting majors and all Rice undergraduate majors are eligible. The Rice MAcc trains future leaders in the accounting profession in critical and analytical thinking, objectivity, a global perspective, an ethical mindset, exemplary oral and written communication skills and computing skills. We embrace students who are from varied academic backgrounds and who possess the ability to synthesize ideas across disparate disciplinary areas.

Yes, before applying to the MAcc program, you must have completed Rice’s BUSI 305: Financial Accounting.

No, current Rice undergraduates are welcome to apply as early as the summer before your junior year. Before applying, however, you must have completed BUSI 305: Financial Accounting.

Yes, in addition to BUSI 305: Financial Accounting, there are two other accounting prerequisites:

  • BUSI 405: Issues in Financial Reporting I
  • BUSI 440: Auditing

BUSI 405 is offered in spring semesters and BUSI 440 is offered in fall semesters. You must complete BUSI 305 before taking BUSI 405 or BUSI 440. Note that you do not have to have completed BUSI 405 and BUSI 440 to apply to the MAcc.

Some students may be unable to complete these courses prior to admission. Those students can be conditionally accepted to the program, but must agree to satisfy the prerequisites by electing to take a focused pre-term equivalent of these courses on campus in the summer immediately prior to the start of the MAcc program.

Yes. The Texas State Board of Public Accountancy (TSBPA) requires CPA candidates to have completed 24 credits of related business subjects. Nine of these 24 credits will be taught through the MAcc program (subject to the TSBPA’s final approval), leaving 15 credits that you need to have completed before beginning the MAcc:

Note that Rice’s business minor curriculum satisfies the needed 15 credits of “related business.” Therefore, pursuing the business minor is a good idea for many MAcc-bound students.

Rice students who are not minoring in business can use our interactive tool to determine their progress toward meeting the 15 credit related-business requirement. Contact Prof. Ben Lansford, MAcc program director, with any questions regarding the “related-business” requirement.

No, we waive the standardize test requirement for Rice undergraduates and alumni.

Admissions to the Rice MAcc is competitive. However, because we invite applications from students from varied academic backgrounds, we do not specify a minimum GPA. We evaluate applications in their entirety, searching for strengths in all areas.

No, full-time work experience is not necessary. Many students will enter the MAcc program directly after completing their bachelor’s degree.

Program Structure and Cost

The Rice MAcc is a 10-month program. Coursework begins in August and students graduate in May of the following year.

The program is comprised of 36 credit hours. There are four half-semester academic terms (Fall I, Fall II, Spring I and Spring II). Students also take Intensive Learning Module (ILM) courses, which are held between terms and are designed for content that is better delivered in a concentrated seminar format.

No, our MAcc does not have tracks or electives; each academic year, the cohort of MAcc students takes the same classes. The curriculum includes coursework in the core areas of financial accounting, audit, tax and managerial accounting. Additionally, students will take classes in finance, economics, data analysis, ethics, business law, accounting theory, public policy and emerging issues in business.

The breadth of the Rice MAcc coursework positions students to pass the CPA exam and enables graduates to pursue careers in audit, tax, advisory, consulting and finance.

All students begin the program in the fall semester. It is not possible to begin the program in the spring semester.

No. We offer the Rice MAcc program in a full-time, traditional classroom format.

No. Classes are held during the day, and the rigorous nature of the program does not make it feasible to work simultaneously.

Tuition for the 2016-2017 MAcc program will be $49,500. Students will be financially responsible for providing their own room and board.

Students who have not completed the accounting prerequisite courses BUSI 405-Issues in Financial Reporting I and/or BUSI 440-Auditing have the option to take one or both courses in the summer preceding their matriculation in the fall. The tuition cost of each course is $3,000.

Yes, scholarships will be awarded on a competitive basis. Applicants who wish to be considered for a scholarship will submit an additional essay that describes the unique background, talents, experiences, or skills that set them apart from other applicants. Note that requesting consideration for a scholarship award will not affect the Admission Committee’s evaluation of your application for admission to the program.

Application Process and Deadlines

We invite current Rice undergraduates who have completed the course BUSI 305-Financial Accounting to apply. Rice sophomores, juniors and seniors interested in the MAcc are encouraged to apply immediately to receive a prompt conditional admittance decision. Knowing whether you have been conditionally admitted will greatly assist you in choosing courses for the rest of your undergraduate studies. Conditional admits will be given a list of courses to complete as part of their undergraduate studies. If you are currently a Rice student who is potentially interested in the program, you are encouraged to contact Prof. Ben Lansford, the MAcc program director. Prof. Lansford will discuss the program with you prior to applying and assist you in mapping out the coursework for your remaining semesters. Rice alumni are welcome to apply as early as 18 months before their desired start of the MAcc.  

 

Rice alumni are welcome to apply as early as 18 months before your desired start of the MAcc. 

You will find the online application website at https://apply.business.rice.edu/apply/.

The $40 application fee is waived for Rice undergraduates and alumni.

The application deadline is March 31 for entry into the program in August of that same year. Because the Admissions Committee considers applications on a rolling basis, we encourage you to submit your application before the deadline.

Applicants who are Rice undergraduates or alumni are required to submit:

  1. A completed online application, which includes
    1. three personal essays
    2. your professional résumé

     

  2. One confidential evaluation, submitted directly to us

We do not require a GMAT or GRE test score from applicants who are Rice undergraduates or alumni.

You do not need to submit your Rice academic transcripts; we will pull your Rice transcript ourselves. You only need to submit transcripts from any other institution you attended whose credits were transferred to Rice. It is not necessary to submit transcripts from summer coursework or study abroad if those courses were not required for your degree, they total fewer than 9 credit hours and completion of those courses is already reflected on your Rice transcript.

Have any needed non-Rice official transcripts mailed directly to:
MAcc Program Admissions
6100 Main St., MS-531
Houston, TX 77005

Yes, you may submit your application before our office has received all of your application materials, but your application will not be evaluated until all materials are received.

We consider applications in their entirety. We seek students who possess strong academic and analytical aptitude, leadership potential and a variety of extracurricular involvement.

All applicants will submit three essays. You may also submit a fourth, optional essay. The essay topics are:

  1. Required – Describe your short-term and long-term career goals, and how the MAcc will help you achieve those goals. Include in your discussion: Where do you see yourself in one, five and 10 years after completing the MAcc, and why are you interested in earning a MAcc degree from Rice? (Maximum 750 words)
  2. Required – Describe an ethical dilemma you have experienced. How did you approach the situation, and what course of action did you take? If you could go back in time, how would you do things differently? (Maximum 500 words)
  3. Required – What are you passionate about and why? Do you envision integrating this passion into your professional career? (Maximum 500 words)
  4. Optional – Is there anything that you would like the Admissions Committee to know about you when considering your application? (Maximum 500 words)

You will have the opportunity to upload your résumé as you complete the online application. Your uploaded résumé should be one page in length and in the PDF format. The résumé should highlight your academic, extracurricular and professional achievements.

Select one person who, based on their relationship with you, can evaluate your potential to succeed in a rigorous master of accounting program and in your subsequent professional business career. Rice students often select their BUSI 305 professor. If you feel it is necessary, you may submit a second recommendation. Note that recommendations from personal friends, relatives, academic advisers, or family acquaintances are not appropriate.

All evaluations will be submitted electronically via the application system. You will be asked to provide the email address for your referee during the application process. Let your reference writer know that they will be contacted via e-mail to submit their evaluation of you. Please verify that the email addresses you provide are valid and correct. Emails to referees are not sent by the application system until you have submitted your application. Please do not mail or email copies of your evaluations.

Yes, you may opt to submit a second evaluation, if you choose.

Once an application is completed, the admissions committee may request an evaluative interview. Interviews are by invitation only after all materials have been received and initially reviewed.

Submitted Application Status and Decisions

Yes, an automated email will be sent to you upon your submission of the application.

Once you submit your application, the online application system will be updated automatically to show which materials we have received. Please check your application periodically to see if your application is complete.

The Admissions Committee will review your application after it is complete. Applications are reviewed on a rolling basis. Once a decision has been made, the online application will be updated with your admission status. Please login to your application periodically to check your status.

After an offer of admission has been extended, a non-refundable tuition deposit is due within thirty days or May 15, whichever is earlier, to secure your seat in the program. If the deposit is not paid on time, you forfeit your offer of admission.

Information Specific to International Students

The Rice MAcc will admit highly qualified international students who demonstrate superior communication and writing skills. The strongest international applicants typically have an undergraduate degree from an English-speaking institution or have worked in an English-speaking country.

International students follow the same application process as domestic students. International students, however, are also required to submit an English proficiency exam test score.

No. However, we cannot assure that graduates who are non-U.S. citizens and F-1 or other temporary visa holders will be eligible to work in the U.S. after graduation.

To be considered for admission, your degree must be equivalent to a U.S. four-year bachelor's degree. If you earned a three-year degree, we require that the degree be evaluated by one of the two recognized credential evaluation services listed below. Your evaluation should include your degree equivalency as well as a course-by-course conversion of marks/grades. You should request that the evaluator send the translated version directly to Rice at:

MAcc Program Admissions
6100 Main St., MS-531
Houston, TX 77005

Note that if you have completed a three-year Bachelor of Commerce (BComm) degree, we also require a Master of Commerce (MComm) degree.

If you have completed an equivalent four-year degree but your GPA is not in the 4.0 GPA format, you must convert it to the 4.0 scale to enter your GPA accurately into the online application. To obtain an English credential translation or evaluation, please contact one of the two following companies:

Educational Credential Evaluators
SpanTran Educational Services

International applicants who did not earn a bachelor’s degree from an institution where the primary language of instruction was English must submit a valid score report from one of the following:

  1. Test of English as a Foreign Language (TOEFL)
  2. Pearson Test of English Academic (PTE)
  3. International English Language Testing System (IELTS)

All test scores are valid for two years. Please allow at least four weeks for your test results to reach us.

Additional information about each may test be obtained from the following:

TOEFL: www.toefl.org
PTE: www.pearsonpte.com
IELTS: www.ielts.org  

No. International students are required to submit an English proficiency exam score, unless they have already earned their bachelor's degree in the U.S.

We grant waivers only on an infrequent, case-by-case basis. You must have a GMAT test score if you wish to be considered for such a waiver. For more information, please contact Prof. Ben Lansford, the MAcc program director.
 

Ben Lansford

Professor in the Practice of Accounting