As an accountant, you are trained to speak the language of business to ensure that the nation's businesses operate efficiently and that business records are kept accurately.

Outstanding Preparation
A Master of Science in Accounting degree points the way for you to succeed in a field where qualified professionals are increasingly in demand. As an accounting student, you acquire technical knowledge, the ability to analyze complex accounting and business issues, and the skills to effectively communicate with all levels of management. You will be expert in preparing, analyzing, and verifying financial documents for clients, as well as providing services ranging from budget analysis to financial planning.

As recently noted in Crain's,  accounting is the hottest job sector in Chicago.

This graduate accounting degree program satisfies the eligibility requirements to take the CPA exam in Illinois.

Although a bachelor's degree in accounting is not required for admission to the M.S. in Accounting program, if you have earned a baccalaureate degree in another academic area you will be required to complete appropriate preparatory courses in business and accounting in addition to those required for the master's degree.

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  • Supplemental Application Requirements


    In addition to university admission requirements, applicants must submit the following documents as part of their application package:

    1. a GMAT or GRE score from tests administered within five years of the date of admission*;
    2. two confidential letters of recommendation from professional references (e.g. current or former college faculty member, current or former work supervisor, community leader);
    3. a two-page, double-spaced statement of intent which discusses personal short and long term career goals and reasons for pursuing a MS in Accounting degree at this time and what about this particular program is going to help reach those goals. Please give specific personal examples of leadership and provide other pertinent information to help the committee select candidates who can benefit from and contribute to the program. The statement of intent offers applicants the opportunity to demonstrate writing and communication skills and supports your candidacy for the MS in Accounting; and
    4. a current resume.

    *The GMAT or GRE may be waived for applicants who meet one of the following:

    1. a G.P.A. of 3.5 or higher for the last 60 hours, from a regionally accredited college or university, or
    2. a graduate degree from a regionally accredited college or university; or
    3. meet the requirement for Guaranteed Admission to the MSA (GAMSA) program for GSU undergraduate students including:
      1. having completed 12 hours (4 courses) in core accounting courses (ACCT-3111; ACCT-3151; ACCT-3152; ACCT-3252; ACCT-4251; or ACCT-4354) at GSU with a minimum of 3.25 from those accounting courses taken at GSU; and
      2. having or maintaining a 3.0 GPA or higher in last 60 hours of the undergraduate degree.

    Current undergraduate students may only apply for GAMSA if they have met requirement (a) and completed at least 90 hours of their undergraduate degree program with at least an overall GPA of 3.25. Approved GAMSA students may waive the letters of recommendation special admission requirement.

    Items may be submitted separately; however, the application will not be considered for admission by the College of Business Graduate Admission Committee until all items have been received.

    The supplemental documents listed above should be sent to:

    College of Business Graduate Admissions Committee
    Governors State University
    1 University Parkway, G281
    University Park, IL 60484
    You may also send these as attachments to via email


    View College of Business Graduate Admission Checklist  

  • Foundation Coursework


    Applicants must complete preparatory course work for the MSA program if necessary. Required preparation coursework may be completed prior to admission to the MSA program or upon admission into the program. A bachelor's degree in accounting from an ACBSP or AACSB accredited accounting program typically satisfies all or most of the required preparation requirement, although an undergraduate accounting degree is not required to enter the MSA program. Academic advisors will evaluate transcripts to determine prior coursework that meets required preparation for the MSA program. Students must meet a "B" grade average across the following prerequisite coursework:

    With permission of the dean, students can enroll in graduate level courses for which they have completed the prerequisites before completing all of the preparatory courses.

  • MS in Accounting Curriculum


    Accounting Core Courses (12 Hours)
    ACCT 6201 Seminar in Financial Accounting Theory and Practice (3)
    ACCT 6252 Advanced Tax (3)
    ACCT 6355 Seminar in Auditing Standards and Contemporary Topics (3)
    ACCT 6331 Accounting Information Technology and Systems (3)

    Business Courses (6 Hours)
    Select two
    of the following courses:
    ECON 7500 Managerial Economics and Forecasting (3)
    FIN 7101 Financial Management (3)
    MGMT 7500 Organizational Behavior in the Global Context (3)
    MGMT 7600 International Business
    MGMT 7400 Operations Management: Strategies and Techniques (3)
    MKTG 7100 Strategic Marketing (3)

    Accounting Selective Courses (6 Hours)
    Select two
    of the following courses:
    ACCT 6253 Federal Income Taxation of Partnerships and Corporations (3)
    ACCT 6461 Governmental and Nonprofit Accounting (3)
    ACCT 7815 Financial Statement Analysis (3)
    ACCT 7254 Advanced Tax Research (3)
    ACCT 7111 Managerial Accounting Theory and Applications (3)
    ACCT 8260 Estate Planning (3)
    ACCT 8265 Employee Benefits and Retirement Planning (3)

    Career Selectives (6 Hours)

    Select six hours from any approved College of Business courses numbered 7000 or above. Courses must be approved by an academic advisor. Students may not count ACCT - 7101 Strategic Management Accounting (3) toward the Master of Science in Accounting degree program.

    Master's Final Project (3 Hours)
    ACCT 8965 Integrative Perspective on Accounting Issues (3)

    Total - 33 Graduate Hours