Schulich MAcc Viewbook 2024 by Schulich School of Business

MAcc 2024 MASTERS PROGRAMS

MASTER OF ACCOUNTING

Experience the Schulich Advantage

Prepare to Lead with a Schulich Masters Degree “Students today demand business degrees that have real-world relevance and strong industry ties. Schulich’s Master of Accounting program, taught by one of the leading accounting faculties in Canada, is accredited by CPA Ontario and our graduates have one of the highest CPA pass rates of any business school in Canada. As a significant talent pipeline for the Canadian accounting industry, our programs offer multiple pathways to a rewarding career.”

Detlev Zwick, PhD Dean, Tanna H. Schulich Chair in Digital Marketing Strategy, Schulich School of Business

On the cover: Dhivyan Richard (BBA ’22, MAcc ’23), Associate, Business Tax, RSM Canada View our alumni stories: schulich.yorku.ca/alumni-stories B

What’s Inside A Vibrant Graduate Journey Awaits

Discover the Master of Accounting

Your Student Experience

Sustainability

Admission Requirements

Feel at Home in Toronto

International Student Support

Financial Aid for Your Future Investment

Tuition Fees and Cost of Living

Career Development and Your Success

Schulich Global Alumni Network

Canada’s Top-Ranked Business School Schulich MBA: #1 IN CANADA (Economist) TOP 30 MOST POPULAR MBA Program in the World (mba.com) TOP 30 IN THE WORLD for careers in Finance, Technology & Information Management (QS TopMBA) Kellogg-Schulich Executive MBA: #1 IN CANADA (Financial Times, QS TopMBA) #9 IN THE WORLD (QS TopMBA Joint Programmes) Ranking results as of August 2023

A Vibrant Graduate Journey Awaits The Master of Accounting (MAcc) class represents a mix of students from different industries and academic backgrounds. Schulich offers a wealth of possibilities for personal growth, development, and engagement with students from diverse perspectives and countries through a variety of experiential learning opportunities.

We have one of the most global student bodies of any business school in North America, with international students from over 45 countries.

55%

of students are international

45+

countries represented in our student body

65%

of Schulich’s award winning faculty is international

35+

languages spoken by Schulich faculty

Accounting Case Method Our program is unique with its use of the Schulich Accounting Case Method to teach accounting from the introductory level onwards. In addition to covering the technical aspects of accounting, this case method of teaching emphasizes critical thinking, analytical, leadership, and oral and written communication skills.

Participate in Case Competitions Strengthen your presentation skills and master the case method with opportunities to compete in events such as the Hult Prize, Harvard Global Case Competition, and more.

“ Schulich’s MAcc program prepared me with the knowledge and tools required for the CFE. The supportive faculty and instructors helped to guide me through the steps to achieve my CPA designation and advance in my career.” May Gross (MAcc ’22) Manager, Finance, Bell View our alumni stories: schulich.yorku.ca/alumni-stories

Discover the Master of Accounting Benefit from a unique Masters program accredited by the Chartered Professional Accountants (CPA) of Ontario and designed for graduates of liberal arts, science, and business programs. Position Yourself for a Challenging Career in Accounting FULL-TIME MAcc

Start date options: TERM 0 (DIAc)*

TERM 1 (MAcc)**

TERM 2 (MAcc)

Graduates from non-business degrees or institutions outside of Canada

Business/Commerce Graduates from a Canadian Institution

Schulich BBA Graduates CPA-Accredited Stream

Start Date May

Start Date September

Start Date May

Program Length 8 months

Program Length 12 months

Program Length 8 months

What to Expect Depending on your academic background, the Schulich MAcc offers three distinct entry points, preparing you for success in the complex field of accounting while fast-tracking you through CPA Ontario’s Professional Education Program (PEP). Graduates with a four-year Canadian business degree may begin the MAcc in Term 1. Schulich BBA graduates from the CPA stream may start the MAcc in Term 2 of the program. Diploma in Intermediate Accounting – Keele and Hyderabad Campuses The Diploma in Intermediate Accounting (DIAc) provides non-business graduates as well as individuals that have graduated from non-Canadian institutions with the prerequisites required to enter seamlessly into the MAcc. Students may choose to pursue Term 0 of the DIAc in Toronto or Hyderabad, India. 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) with CPA Canada.

“The Master of Accounting program is open to high-achieving individuals from across the globe and from both business and non-business backgrounds. While we create future business leaders, we also support our students all the way to the Common Final Exam of the CPA Institute of Canada. The consistently high pass rates of our graduates attest to the quality and rigor of our unique program.” Professor Shanker Trivedi BSc (Andhra, India); PhD (Arizona State); CA (India) Program Director, Master of Accounting; Associate Professor of Accounting View Professor Trivedi’s video: schulich.yorku.ca/shanker-trivedi

Accreditation & Advanced Standing Accredited by CPA Ontario, MAcc graduates are eligible to write the Common Final Examination (CFE) upon completion of the program. Graduates of the MAcc program may be eligible for up to one term of advanced standing in the Schulich MBA. * The DIAc program is not CPA Accredited. ** For MAcc Term 1, required courses for admission need to be CPA approved.

TO APPLY ONLINE scan the QR code or visit: schulich.yorku.ca/macc

Typical MAcc Program Course Structure WHICH TERM DO I APPLY FOR? I have an eligible 3-year University Degree from a recognized Indian Institution or a 4-year University Degree from a non-Canadian Institution: • Apply to the Diploma in Intermediate Accounting – TERM 0 I have a Canadian University Degree: • 4-year Non-Business Degree: Apply to the Diploma in Intermediate Accounting – TERM 0 • 4-year Business Degree: Apply to the Master of Accounting – TERM 1 • CPA-Accredited Business Degree from the Schulich School of Business (Accounting Specialization): Apply for Entry to the Master of Accounting – TERM 2

FULL-TIME STUDY

GRADUATION: OCTOBER

TERM 0

TERM 1

TERM 2*

TERM 3

DIPLOMA IN INTERMEDIATE ACCOUNTING (DIAc)

MASTER OF ACCOUNTING (MAcc)

Course work: (also offered in Hyderabad for DIAc in India Program)

and

Course work:

MASTER OF ACCOUNTING (MAcc)

• Integrative Case Analysis for Accountants

• Advanced Integrative Case Analysis

• Financial Accounting Fundamentals

Course work: • Intermediate Financial Accounting II

• Advanced Income Taxation (Students continuing from Term 1)

• Integrative Case Analysis: The Capstone

• Advanced Management Accounting

• Advanced Financial Accounting

• Auditing Standards & Applications

• Advanced Auditing

• Management Accounting Fundamentals • Intermediate Financial Accounting I • Management Information Systems PLUS: • Managerial Finance

• Introduction to Income Taxation

OR:

• Multi-Competency Case Analysis for Accountants

• Business Administration & The Law

• Financial Reporting & Analysis

• Managerial Tax Planning • Strategic Performance Evaluation (Direct-entry Term 2 students only)

• Management Accounting: Strategy and Performance • Strategic Leadership Planning & Case Analysis • Strategic Performance Evaluation (Term 0 and Term 1 Entry students only)

CPA TRACK

The Schulich MAcc follows the CPA Certification Program pathway Schulich serves as a liaison between you and CPA Ontario to facilitate registration and confirm your completion of the program

Common Final Examination**

CAREER TRACK

Introduction to the Centre for Career Design

On-campus recruiting

Just-in-time recruiting

Career coaching, networking events, alumni mentorship

Note: Both core and elective courses are listed. Course requirements and sequencing are subject to change. For specific course credit requirements, visit schulich.yorku.ca/programs/macc. * Students who are directly admitted to Term 2 can exit before the start of Term 3 and receive a Diploma in Advanced Accounting (DAAc). Graduates of this diploma can continue with CPA Ontario to complete Capstone 1 and 2. ** Students who complete the MAcc are eligible to write the Common Final Exam (CFE).

CAREER READY!

GAIN THE OPPORTUNITY TO WRITE THE COMMON FINAL EXAMINATION (CFE) UPON GRADUATION Participate in meaningful dialogue with highly engaged instructors about relevant, real-world accounting applications; with a focus on case-based integrative learning, the broad curriculum will help you to accomplish two important objectives. First, you will master key accounting functions and hone your ability to make decisions within legal, financial, regulatory and ethical frameworks. Second, you will deepen your expertise in the CPA competency areas preparing you for the Common Final Examination (CFE). To support and accommodate working professionals, Term 3 is offered on evenings and weekends to prepare you with the final tools you need to successfully complete the CFE and accelerate your career. 5

Your Student Experience Goes Beyond the Classroom Build lasting memories as part of an engaged and impressive student community. Develop your strengths, skills, and interests with a host of exciting co-curricular activities.

Collaborate with a supportive student network to examine and share diverse perspectives on complex academic topics during study sessions, case studies, and peer learning.

You Belong Right Here Schulich’s student community fosters platforms for empowerment, representation, and belonging. Cultivate leadership skills and celebrate a rich culture of diversity by participating in student-led clubs such as the Black Graduate Business Network and Women in Leadership.

The Graduate Business Council (GBC)

Choose from over

student-run clubs and organizations From investment banking to sustainable enterprise to the Schulich Accounting Society, you’ll have the ability to pursue a broad spectrum of interests alongside your studies.

The GBC is the representative student body for all Schulich graduate degree programs. The GBC hosts events including getaway weekends, an annual Graduate Formal, and social nights. Aside from social and athletic activities, the GBC serves as the student body’s voice to the faculty and administration.

Engage with Our Community @SchulichSchool | #SchulichMAcc

Where Learning Innovation Meets Sustainability Schulich is a thought leader in the field of Business and Sustainability and one of the world’s top-ranked business schools in sustainability research. We pride ourselves on graduating future business leaders that are committed to creating a better, more sustainable world.

Our Rob and Cheryl McEwen Graduate Study & Research Building has received the LEED (Leadership in Environmental Energy and Design) Gold Certification.

27m natural ventilation system driven by the glass solar chimney

Energy use intensity

71.4% BELOW THE MODEL NATIONAL ENERGY CODE OF CANADA

840 m2 of planted green roof area

RAINWATER RECAPTURE SYSTEM for green roof irrigation

7,500 m2 of new landscaped open area, including 3,800 m2 of planted green space

Students benefit from a variety of unique spaces to study, work and connect, including a graduate lounge, private group meeting rooms equipped with flatscreen monitors, research labs, and a media production centre.

Steps to the Subway The subway station is steps away from Schulich’s Seymour Schulich Building. Access the city’s vibrant downtown core in just 30 minutes.

FOR A VIRTUAL TOUR of the McEwen building, scan the QR code or visit: schulich.yorku.ca/mcewen-virtual-tour

Admission Requirements: Find Your Fit Pursuing an accounting degree is an important decision. At Schulich, we support you with an application experience that leaves you feeling informed and empowered. We take a holistic approach during the application review process and all components of the application are thoroughly evaluated.

CONNECT WITH OUR ADMISSIONS TEAM Scan the QR code or visit: schulich.yorku.ca/grad-inquiry

Alex Popa (MAcc ’21) Associate, Transaction Advisory, Richter View Alex’s story: schulich.yorku.ca/alex-popa 10

ADMISSION REQUIREMENTS

DIPLOMA IN INTERMEDIATE ACCOUNTING (DIAc)

GPA

PREREQUISITE COURSES IN FOUR-YEAR HONOURS PROGRAM

Prerequisite courses, taken at the undergraduate level, in: Microeconomics, Macroeconomics, Statistics, Canadian Business Law or Corporate Finance.1

GMAT/GRE

GMAT or GRE (the GMAT/GRE Online Exam is acceptable) (Waived for individuals who have graduated from Canadian universities within the last five years)

ESSAYS

2 video, 2 written, 1 timed written

REFERENCE LETTERS

2 reference letters2

WORK EXPERIENCE

Recommended but not required3

LANGUAGE PROFICIENCY

MASTER OF ACCOUNTING (MAcc)

CPA approved prerequisite courses, taken at the undergraduate level, in: Microeconomics, Macroeconomics, Statistics/Quantitative Methods, Corporate Finance, Canadian Business Law, Information Systems, Introduction to Financial Accounting, Introduction to Management Accounting, Intermediate Financial Accounting.1

Applicants must produce proof of language proficiency in one of the three ways listed: • Proof of study completed in English: 2 years minimum (must be full-time study) at an accredited university in a country (or institution) where English is the official language of instruction. • IELTS (academic test): 7.0 (minimum 6.5 on each dimension). The IELTS online Academic Test is acceptable. • TOEFL: 100 (minimum 23 on each dimension). The TOEFL iBT Special Home Edition test is acceptable.

ADMISSIONS DEADLINES

May 2024 Entry (TERM 0: DIAc*)

September 2024 Entry (TERM 1)

May 2025 Entry (TERM 2)

Graduates from non-business degrees or institutions outside of Canada

Business/Commerce Graduates with CPA approved courses from a Canadian institution

Schulich BBA CPA stream only

Round 1: July 26, 2023 Round 2**: September 6, 2023 Round 3: November 22, 2023 Round 4***: February 14, 2024

Round 1: September 6, 2023 Round 2**: November 22, 2023 Round 3: February 14, 2024 Round 4***: June 12, 2024

Round 1**: January 10, 2025 Round 2***: February 28, 2025

View MAcc Journey Map on page 5 to determine Term of entry. * Visit schulich.yorku.ca/diac-in-india for DIAc in India admission deadlines. ** International students are strongly encouraged to apply by Round 2 to allow for sufficient study permit processing time. *** Late applications may be accepted pending space availability. A four-year undergraduate degree or equivalent is required. Refer to the MAcc Admission Requirements website for specific criteria based on your entry point: schulich.yorku.ca/admissions/admissions-requirements/macc. 2 One academic reference is recommended. 3 Work experience is not required, but is recommended and considered for admission. Only applicants holding a 4-year degree are eligible for the CPA designation. 1

Note: Schulich BBA students/graduates with an accounting specialization, applicants with an accounting specialization from CPA accredited business programs, registered CPA students who have completed Core 2 of the PEP with a Canadian degree may be eligible for admission to Term 2 of the MAcc.

OUR RECRUITMENT TEAM IS HERE FOR YOU! • Meet one-on-one for a coffee chat • Attend one of our open houses offered during the year – Experience Schulich Virtual Open House – Experience Schulich In-Person Open House • Visit us at one of the 100+ local and global events we join annually • Drop-in virtually for Q&A, student panels, and application tip info sessions

Feel at Home in Toronto Study in one of the most diverse cities in the world and take advantage of all that Toronto has to offer. Access the vibrant downtown core in just 30 minutes by subway. Enjoy restaurants, theatres, and distinct neighbourhoods – there’s so much to explore in Toronto.

Most tech talent growth CRBE, 2022

largest tech sector in North America New York Times, 2022

51%

of Toronto’s population was born outside of Canada

#1 city for career women Toronto ranking, Bloomberg, 2021

Over 180 languages and major dialects spoken in Toronto Safest city in Canada, 2nd safest city in the World Economist Intelligence Unit, 2021

Our International Relations Team is Here to Support You Schulich provides in-house programs, services, and immigration support to help international students navigate the transition to Canada and plan for the future.

English Language Peer Support (ELPS) Need assistance with your written or verbal English language skills? Our ELPS program provides free one-on-one online support for both writing assignments and verbal presentations. We will help you build confidence in your English language skills.

INTERNATIONAL BENEFITS

• Study permit and pre-arrival webinars • Mentorship program • English language peer support • New to Canada orientation • Immigration information sessions • 1:1 international student advising • Social events

Plan Your Life, Post-Degree in Canada For more information scan the QR code or visit: schulich.yorku.ca/internationalstudent-services

A Schulich masters degree gives you the option of launching a career internationally, or the opportunity to work in Canada after graduation. Upon completing your degree, you can explore Canada’s advantageous immigration pathways available to assist you in building your ideal career. Attend information sessions to learn more about relevant work permits and permanent residence options, or book individualized advising sessions with Schulich’s International Student Support Specialist.

Financial Aid for Your Future Investment We welcome the opportunity to discuss ways to finance your education and the return on investment our programs offer. Visit: schulich.yorku.ca/financial-aid.

LINE OF CREDIT FOR DOMESTIC STUDENTS*

Visit schulich.yorku.ca/financial-aid/loans for a list of partnered banks and preferred rates for domestic students in professional programs.

*Please contact the bank to get the maximum loan amount and to confirm the interest rate for your program of choice.

LOANS FOR INTERNATIONAL STUDENTS

To learn more about funding opportunities for international students, please visit: schulich.yorku.ca/financial-aid/loans. Partnerships with:

MAcc SCHOLARSHIPS

Scotiabank Global Scholars Award – Canada Value: $15,000 | Available: 1 The Scotiabank Global Scholars Award – Canada is offered to a domestic student who is entering into a full-time Masters program at the Schulich School of Business. Recipients must have a minimum GPA of 6.0 or B+ and must demonstrate financial need.

Sonja I. Bata Legacy Award Value: $10,000 | Available: 1

“ At the Schulich School of Business, student success is one of our top priorities. Understanding that pursuing a business degree is never easy, we are dedicated to supporting our students in their academic journey through a wide range of scholarships, awards, and bursaries that not only promote diversity and inclusivity, but also to help ensure that a lack of financial resources is never a barrier for current and future Schulich students.” Doris Mak Assistant Director, Admissions & Financial Aid

Thanks to the generosity of the late Sonja I. Bata, the Sonja I. Bata Legacy Award will support an incoming Masters student who demonstrates academic excellence and exceptional leadership potential in either social entrepreneurship or responsible business. The recipient will be well-rounded and bring great experience in collaborating with teams from diverse backgrounds and with different mindsets. For additional scholarship information please refer to the Schulich Awards publication at: schulich.yorku.ca/financialawards.

Tuition Fees and Cost of Living Figures are based on the currently approved fee framework. Fees listed below include tuition and supplementary fees. For full details on all current tuition, supplementary fees, and student health plans, visit the York Student Financial Services website: https://sfs.yorku.ca/fees. Fees are subject to change.

DOMESTIC STUDENTS

INTERNATIONAL STUDENTS

Canadian Citizen or Permanent Resident

Visa/Study Permit

TUITION PER TERM

$ 9,011*

$ 20,824*

ESTIMATED PROGRAM TOTAL**

$ 27,050

$ 62,400

All fees are in Canadian dollars (CAD)

MAcc DIAc

* Total program length is dependent on entry point. ** Estimated total is based on Term 1 Entry. The MAcc is a full-time program consisting of three academic terms. Estimated Program Total is calculated by multiplying current tuition fees by the average number of terms required to complete the program. Estimates are rounded to the nearest $50 CAD. Subject to change. Tuition and fees reassessed annually.

LIVING EXPENSES IN TORONTO 1 (1 Term = 4 months) Books /Course Materials

750

Rent (on campus) 2

5,000

Food

1,500

Personal Expenses

3,000

Health Insurance: UHIP (international students only) 3 GSA 3

$ $

252 125

APPROXIMATE COST PER TERM

$ 10,627 4

1 Figures are approximations and intended only as a budget guide for students studying full-time. Costs are listed in Canadian dollars. 2 On-campus housing varies in price from $1,096 – $1,979 per month depending on the location and options. For more information on housing on campus, please visit yorku.ca/housing. On-campus housing is available on a first come, first served basis. Students who are seeking accommodation on campus are strongly encouraged to submit their housing application after accepting their offer of admission. 3 Participation in the University Health Insurance Plan (UHIP) is mandatory only for international students (and their accompanying dependents) while in Toronto. The Graduate Student Association (GSA) plan is for dental and drug coverage (mandatory for all domestic and international full-time students unless student has alternative coverage). Cost shown is based on the plan rate for a single individual. Coverage for spouse/ family is available. Health/Drug/Dental plan rates are subject to change. 4 Subtract UHIP cost for domestic student total.

Career Development to Shape Your Success The Centre for Career Design (CCD) empowers students for lifelong career success and self-reliance with advice, tools, and training. MAcc Student Success Report CLASS OF 2022 EMPLOYMENT AT A GLANCE*

96%

CLASS OF 2022 DEMOGRAPHICS AT A GLANCE Student Demographics

Average Age

of students were hired within 6 months of graduation**

Number of firms that hired Schulich MAcc students

$60,369 Average starting salary***

Years of Work Experience

0–9

Male Students

37%

Female Students

63%

Prior Degrees

94%

Business

Other

* 89% of students participated in the survey. ** As per MBACSEA Guidelines. *** Salary quoted reflects the training period. With CPA designation salary increases.

SELECT FIRMS

SAMPLE ROLES

INDUSTRY COVERAGE

BDO Canada

Accounting

Bell Canada

Associate, Assurance & Accounting

Canada Revenue Agency

Associate, Risk Assurance Forensic Consultant

Financial Services

Deloitte Ernst & Young

Intermediate Accountant

KMPG MNP

Senior Accountant, Private Enterprise

PwC

Staff Accountant

RBC

Tax Associate

Scotiabank

US Tax Associate

TD Walmart

For more information, visit: schulich.yorku.ca/ccd

OUR TEAM CAN HELP YOU:

• Identify strengths • Determine career objectives • Develop and implement career plans • Hone skills for career management • Apply for jobs • Prepare for interview and salary negotiations

Corporate Recruitment Events Connect with leading organizations such as KPMG, TD Bank, RBC, Scotiabank, Moneris, BMO, PwC, EY, and Deloitte to learn about career opportunities. Networking Mixers Engage with Schulich alumni and industry specialists at events such as Schulich’s annual Accounting Mixer.

Consulting Retail

MAcc Advising Program Our customized industry advising program is designed to help you navigate a career in Professional Accountancy. Enjoy 1-on-1 training, advice from industry leaders, and the opportunity to network with alumni and hiring managers.

Gain Access to the Schulich Global Alumni Network When you graduate from Schulich, you become part of one of the largest business alumni networks in Canada.

UPON GRADUATION, JOIN A GLOBAL NETWORK OF OVER

35,000 active alumni in

Enjoy exclusive access to Schulich’s Alumni Hub, which includes

90+ global alumni chapters in over 60 countries

countries

Participate in the Schulich Alumni Mentorship Program As a student you can engage with alumni at events and conferences to gain key insights into the industries and careers that you’re passionate about.

“Your program here at Schulich is just the beginning! Our Global Alumni Network is a tremendous asset -opening up connections, knowledge sharing, and opportunities that extend far beyond graduation.” Pamela Laycock (MBA ’89) President, Schulich Global Alumni Network 17

Learn more about the Schulich Advantage NEXT STEPS • Visit us online: schulich.yorku.ca • Join us for an event or information session. Register at: schulich.yorku.ca/events • Connect with our Admissions Team at: schulich.yorku.ca/grad-inquiry

Additional specialized Masters programs offered at Schulich

MBAN

MMgt

MMKG

MHIA

MREI

MMAI

MSCM

Master of Business Analytics

Master of Finance

Master of Health Industry Administration

Master of Management in Artificial Intelligence

Master of Management

Master of Marketing

Master of Real Estate & Infrastructure

Master of Supply Chain Management

Driving Positive Change schulich.yorku.ca