IMAcc
(Integrated Master of Accountancy)

The fifth year of an integrated curriculum for business students majoring in Accounting at UW-Madison designed to meet the educational requirements for licensure as a Certified Public Accountant.

ATTEND THE IMACC INFO SESSION ON 10/19/09 FROM 4:30 - 6:00 PM IN 2080 GRAINGER. 

About the IMAcc

The integrated Master of Accountancy (IMAcc) degree is the fifth year of an
integrated curriculum designed to meet the educational requirements for
licensure as a Certified Public Accountant.

Students are admitted to the IMAcc in the spring of their junior year (Not an Accounting major? Our Graduate Master of Accountancy may interest you).

Admission is limited to students matriculating in the undergraduate program at the University of Wisconsin-Madison or nearby schools that have developed articulation agreements with the program (at the moment, Carthage College). The graduate year is designed to build on an internship experience through in-depth study of accounting issues. The graduate year also provides students with some flexibility to promote breadth of knowledge across a number of business disciplines (e.g., accounting theory, auditing, taxation, information systems, applications, policy and decision making). Careers as professional accountants in public accounting, financial institutions, government, industry or nonprofit
organizations are possible upon graduation.

About the IMAcc-Taxation

The Master of Accountancy degree allows for a major in taxation and is designed for students preparing for a career in tax. Only students admitted to the IMAcc or GMAcc program are eligible for this degree. The taxation program stresses in-depth study of tax law in a variety of areas, including business tax, individual and estate tax planning, multijurisdictional tax issues, and tax administration. The courses for the IMAcc-Taxation degree are closely integrated with law school tax offerings, and in many cases, are cross-listed with the law school. In addition, the IMAcc-Taxation degree requires additional courses in auditing, financial reporting theory or consulting.

Click here for additional IMAcc information. 

 

Internship Partners (Preferred Employers)

The attached list represents the Spring 2009 preferred employers for the AIS 600 Professional Internship Experience.  MAcc Preferred Employers NAMES

 

How do I apply to the IMAcc?

The application  process for the IMAcc program is two-fold. 

To apply for the IMAcc program in Spring 2010, you will submit an e-application, which can be obtained by emailing accountingdept@bus.wisc.edu with an e-application request.   If you are studying abroad in Spring 2010, your application is due on Monday, 10/26/09. The due date for all other students is the last Friday in January of your Junior year (this Spring, that date is 01/29/10).

Following your admission to the program as an IMAcc candidate and at the start of your Senior year, you will apply to the graduate school and complete a separate application process which includes taking the GMAT exam and preparing certain additional essays/writings.   The graduate school application is an online application and your contact for questions is Lynette Stolarzyk at lstolarzyk@bus.wisc.edu.

Prospective Students (Juniors) / Class Profile

You are strongly encouraged to attend Accounting Awareness (announced in AIS 100), The Future is Now (September of your Junior year), the IMAcc Information Session (October of your Junior year) and receive undergraduate advisement from the undergraduate office here at the School of Business.  Further, each student is encouraged to be registered and knowledgeable about the Business Career Center (the BCC). 

The average GMAT score of the 2010 IMAcc graduating class was 635.  The average GPA of the same class was 3.58. 

 

Timetable

Applications are taken during January of your Junior year.  Once applications are received, you will be scheduled for a half-hour interview with a faculty member(s).  The timetable is as follows:

Event	Date
Applications due to Departmental Office	Late January*
Admission Interviews with Faculty	February
Notification of Admittance	Early March
Interviews for Internship	Monday/Tuesday following finals
Notification of Internship Placement	Early June

 *If you plan on studying abroad, you need to contact the department early in the fall of your junior year and adhere to an alternate timetable.

Financial Aid

Financial aid is available from the following sources:

• Paid internship (spring of your senior year)
• Teaching Assistant (TA) appointments or Project Assistant (PA) appointments in the graduate year (competitive; 57% of all MAcc students received a TA or PA position in the last appointment period -- i.e., for the 2009-2010 academic year)
• Scholarships (several IMAcc students that started in Fall 2009 received scholarships in the graduate year totaling $53,500, in the range of $1,000 - $5,000)

The paid internships yield a salary of approximately $8,000. The competitive teaching assistantship and project assistantship appointments waive a semester of tuition (students teach for only one semester) and also pay a stipend of several thousand dollars.    For the IMAcc and GMAcc students combined, there are approximately 55 TA/PA positions available.

Tuition Information

The current tuition and fees per semester (for the 2009 - 2010 academic year)  for a Business Masters are as follows: 

$5986.88 Residents

$13,348.24 Non-Residents

Note:  No Minnesota Reciprocity  

The tuition and fees for the 2010-2011 academic year will be set in August 2010.

For additional information on tuition and fees please click here and you will be linked to the registrar's website. 

Questions?

All questions should be directed to Lynette Stolarzyk, Director, at lstolarzyk@bus.wisc.edu.