Open doors to a rewarding business career in professional accountancy.
The Schulich Diploma in Intermediate Accounting (DIAc) is an 8-month graduate diploma program designed to provide a foundation in the field of Professional Accountancy in Canada. Students will gain a thorough understanding of financial and management accounting fundamentals and grow their understanding of the sub-disciplines of the field.
The core curriculum is designed to thoroughly introduce students to accounting concepts such as reporting, analysis, capital structure and financial planning. Topics incorporate key principles for management and ethical considerations in a wider global context, and prepare students to pursue their next steps in a professional accountancy career.
Upon completion, students are equipped to enter Term 2 of the Master of Accounting (MAcc) program if they so choose, and then proceed to write the Common Final Examination (CFE).
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Whether your goal is to become a professional accountant or pursue another career in business, Schulich’s Diploma in Intermediate Accounting will provide you with the introductory knowledge that will help differentiate you from other business professionals. For those looking to further their professional accounting education, graduates of the DIAc program are able to complete the Schulich Master of Accounting in an additional 8 months.
Students also have access to the Career Development Centre (CDC). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CDC offers a wealth of innovative programs, resources and individualized mentoring and coaching to help you launch your career. Meet alumni, recruiters and industry leaders at corporate information sessions and other CDC events, and receive online access to the very best career tools available.Visit the Career Development Centre
DIAc Program Details by Category
Admission RequirementsView details Hide details
The Diploma in Intermediate Accounting (DIAc) provides students with a core curriculum designed to thoroughly introduce them to financial and management accounting concepts. Students with a non-business or non-Canadian degree interested in the Master of Accounting (MAcc) program must first complete the DIAc.
Please refer to the MAcc Journey Chart for a full description of how the DIAc leads to the MAcc.
The general admission requirements for the DIAc are listed below. Meeting the minimum admission requirements does not guarantee admission, as space in each program is limited. A holistic approach is taken during the application review process and all components of the application are thoroughly reviewed.
- An undergraduate degree from a recognized post-secondary institution with a minimum B average in the last two full years (or equivalent) of academic work.
- PLEASE NOTE: While students with 3-year degrees may apply for admission to this program, a 3-year degree will not qualify a student to be eligible for the CPA designation as the professional accrediting body requires a 4-year degree. Therefore, it is strongly recommended that applicants to the program complete the equivalent to a 4-year undergraduate degree prior to application.
- Prerequisite courses in Economics (Micro & Macro), Statistics and Corporate Finance or Canadian Business Law taken at the undergraduate level.
- Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE)
- Acceptable scores on all measures of the GMAT or GRE
- To send your scores for these tests to us please use the following codes: GMAT code Z75-X8-38 or GRE code 5697
- Work Experience
- Post degree work experience is recommended but not required.
- Completion of the online application which requires:
- Essays (2 written, 1 timed written, 2 video)
- An up-to-date resume
- Two references
- Unofficial copies of transcripts from all previously attended post-secondary institutions*
- Unofficial copies of GMAT or GRE scores*
- *Official copies of these documents will be required if an applicant receives an offer to the program
- Proof of English language proficiency if studies were not completed in English.
|Accepted Tests||Minimum Score|
|IELTS||7.0 overall (minimum 6.5 on each dimension)|
|TOEFL (Schulich’s TOEFL Code is B710)||100 iBT (minimum 23 on each dimension)|
- Applicants who have completed at least two years of full-time study at an accredited university in a country (or institution) where English is the official language of instruction are not required to submit an English proficiency test.
- Strong applicants whose first language is not English and do not meet the above language requirements may be considered for admission with the condition of completion of the MBA/Specialized Master’s Preparation Program offered by the York University English Language Institute.
For more information please see our Application Tips.
The DIAc program is offered on a full-time basis only. Full time studies start in May of each year.
Please note that applications for May 2019 entry are not yet open. Applications typically open eight weeks prior to the Round 1 application deadline, unless otherwise noted.
|Entry||Round 1*||Round 2||Round 3**|
|May 2019||November 1, 2018||December 13, 2018||February 28, 2019|
*International students are encouraged to apply no later than the Round 1.
**For domestic applicants only.
Please note: Your GMAT/GRE score and responses from your referees can be completed after your application has been submitted.
Students may only submit a single application. Students are not permitted to apply in multiple rounds or to multiple programs.
Tuition & FeesView details Hide details
Diploma in Intermediate Accounting (DIAc) Program Fees
The full-time Diploma in Intermediate Accounting is completed over two terms. For students who continue on to do the Master of Accounting (MAcc), the program will require an additional two terms of full-time study (see Master of Accounting tuition fees).
Canadian Citizen, Landed Immigrant,
|Cost Per Term: 2017-2018*
(Fall 2017, Winter 2018, Summer 2018)
Including supplementary fees
|Estimated Total Tuition Fee**||$19,800||$36,000|
Study OptionsView details Hide details
Curriculum OverviewView details Hide details
Click on the course code to view the full description.
- ACTG 6120 3.00 INTERMEDIATE FINANCIAL ACCOUNTING I
- MACC 5101 3.00 FINANCIAL ACCOUNTING FUNDAMENTALS 3.00
- MACC 5211 3.00 MANAGEMENT ACCOUNTING FUNDAMENTALS
Plus one of:
- ACTG 6140 3.00 INTERMEDIATE FINANCIAL ACCOUNTING II
- ACTG 6250 3.00 FINANCIAL REPORTING AND ANALYSIS
- ACTG 6550 1.50 ADVANCED MANAGEMENT ACCOUNTING
- ACTG 6600 3.00 AUDITING STANDARDS & APPLICATIONS
- ACTG 6710 3.00 INTRODUCTION TO INCOME TAXATION
- MACC 6201 1.50 MULTI-COMPETENCY CASE ANALYSIS FOR ACCOUNTANTS
Upon successful completion of the DIAc (Terms 0 and 1) students are eligible to enter Term 2 of the Master of Accounting (MAcc).
FacultyView details Hide details
Accounting faculty members have a wide variety of backgrounds and extensive professional experience. Canada’s leading advanced and intermediate accounting textbooks have been written by Schulich faculty members. Recent research includes topics such as accounting education, applied ethics, executive compensation, accounting for nonprofit organizations, international accounting harmonization, audit judgement, taxation of employee stock options, personal tax planning and policy, pension accounting, social accountability, accounting regulation and standard setting, performance metrics and incentive plans, strategic cost management, management decision-making, strategic performance measurement systems, and the translation of management ideas, as well as a substantial body of critical research on the role of accounting in society and in organizations.
Program faculty members
Associate Professor of Accounting; Associate Dean, Students; Program Director, Master of AccountingView profile
Instructor of AccountingView profile
Adjunct Professor of AccountingView profile
Professor of AccountingView profile
Career OpportunitiesView details Hide details
- Successful graduates of the 30 credit program will be eligible for entry into Term 2 of the Master of Accounting (MAcc), which would complete the graduate’s accounting education. Schulich's innovative MAcc program will equip you to succeed in today's increasingly complex and global business environment.
The Schulich Career Development Centre
Your career is top priority at Schulich. To make career decisions that are right for you, the CDC will help you identify strengths, determine career objectives, develop career plans, hone skills for career management and put your professional development plan into action.
- Our highly experienced CDC Advisors bring a unique combination of first-hand knowledge, experience and diverse perspectives in a wide variety of businesses and industry sectors.
- Take advantage of a series of proven career-building modules, including up-to-date Job Search Techniques, Self-Assessment, Resume and Cover Letter Writing, and Interview Skills to help you stand out from the competition.
- Corporate Information Sessions offer you an opportunity to meet top level recruiters, alumni and executives.Visit the Career Development Centre
Professional DesignationsView details Hide details
Graduates of the Master of Accounting program are eligible to write the CPA Common Final Examination (CFE) and pursue a designation as a Chartered Professional Accountant.