The admissions process begins during December each year for the following fall semester’s admission. The next class to apply for admission is the class to start in fall 2012. To apply for the GMAcc class to start in Fall 2012, you will have access to complete an online application through our Online Application.

You have from December 1, 2012 – January 6, 2012 to complete and submit your online application. (Only applications started and submitted during this window will be considered.) Do not start or submit applications before this time. All materials which need to be sumitted along with the online application (any paper recommendations, paper transcripts, etc.) must be received by our offices no later than January 27, 2012. No paper materials will be accepted after this date.

Recommendations – all applicants are required to have two recommendations completed via the “Apply Yourself” online application system. These recommendations must be completed no later than January 6 for your consideration for the fall 2012 class.

International Applicants – TOEFL score minimum is 100. International financial statements are not required unless you are admitted to the program.

All Applicants – It is not necessary to send me official transcripts if you were able to scan and upload your transcripts to the “Apply Yourself” system. If you are later admitted to the program, you will be asked to send the official transcripts.

The mailing address for supplemental materials is as follows:
Kristen Fuhremann
Director, Professional Programs in Accounting
School of Business
The University of Wisconsin – Madison
4171D Grainger Hall
975 University Avenue
Madison, WI 53706-1323
Phone 608/262-0316

At present, the application fee is $56 and we are only accepting credit card payments. No checks will be accepted.

Note for international applicants: A financial statement will not be required until such time that you are admitted to our program. Please skip this portion of the application.

Please note that a GMAT score is required to apply. Our GMAT code is 79K-2S-23. We do not share minimum GMAT score requirements. The last day to take the GMAT exam for consideration of your fall 2012 application is January 6, 2012.

GRE scores will NOT be accepted in lieu of a GMAT score.

Our TOEFL code is 1846. TOEFL is required for international applicants. We do not accept IELTS. The TOEFL will not be waived unless you have completed three years of study in English.

In advance of the online application becoming available, you can prepare your essay questions.

Download the essay questions
• No more than six type-written pages in total (double spaced; 12 pt Times New Roman font recommended) for all four required questions.
• Combine your essays in one document and label each question clearly.
• Include your name on the top of each page.

Class Profile
For the GMAcc class starting in fall 2011, we admitted 12 students with an average GMAT score of 650 and undergraduate GPA of 3.5.

Faculty selects the candidates for interviews in late January. An in-person interview is recommended, but telephone interviews may be undertaken where necessary. Admissions decisions will be made in early March 2012. For those students who do not satisfy the prerequisite of AIS 100 Introductory Financial Accounting or equivalent (as determined by our faculty), a summer course prior to the start of your fall semester will be available here on campus.

Financial Aid
Financial aid is available from the following sources:
• Paid internship (during the summer between the first and second year of the GMAcc program)
• Teaching Assistant (TA) appointments or Project Assistant (PA) appointments in the second year of the GMAcc program (competitive; approximately 50% of all MAcc students received a TA or PA position in the last appointment period — i.e., for the 2010-2011 academic year)
• Scholarships (several GMAcc students that started in Fall 2009 received scholarships in the second year of the GMAcc program totaling $19,000, in the range of $1,000 – $5,000)

There will be no financial aid available to GMAcc students in the first year of the program. The paid internships yield a salary of approximately $6,000 – $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.

Tuition Information
The current tuition and fees per semester (for the 2010 – 2011 academic year) for a Business Masters are as follows:

$6,198.00 Residents
$13,366.00 Non-Residents

Note: No Minnesota Reciprocity

The tuition and fees for the 2011-2012 academic year will be set in August 2011.

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 Kristen Fuhremann, Director, at kfuhremann@bus.wisc.edu.

The first year of the GMAcc program emphasizes accounting and core business knowledge necessary to work in the accounting profession.
The first year’s curriculum is as follows (24 total credits):
AIS 340 Accounting Systems (fall)
AIS 620 Fundamentals of Taxation (fall)
AIS 701 Intermediate Financial Reporting I(fall)
AIS 710 Intermediate Managerial Accounting (fall)
AIS 630 Auditing & Assurance Services (spring)
AIS 702 Intermediate Financial Reporting II (spring)
GB 301 Business Law (spring)
Business Elective (spring)

Students are encouraged to complete a paid internship during the summer
between the first and second year of the program.

The second year of the program is designed to build on the internship experience through in-depth study of accounting issues.

The second year’s curriculum is as follows (30 total credits):

A minimum of 3 of the courses listed below —
AIS 603 Financial Statement Analysis
AIS 621 Corporate Taxation
AIS 631 Information Technology, Risk & Assurance Services
AIS 706 Advanced Financial Reporting
AIS 770 Seminar in Financial Accounting
+ A minimum of 5 and a maximum of 7 elective graduate courses
The second year also provides students with some flexibility to promote breadth of knowledge across a number of business disciplines.

Chair-Professor Karla Johnstone, kjohnstone@bus.wisc.edu