• A unique CPA-accredited Masters program for graduates of liberal arts, science and business programs

    Accredited by CPA Ontario (Chartered Professional Accountants of Ontario), the Schulich Master of Accounting (MAcc) is an academically rigorous and highly intensive full-time program using the renowned Schulich Accounting Case Method, that is designed to prepare students for a career in professional accountancy.

    Study with one of Canada’s best accounting faculties to master accounting functions and hone the ability to make effective decisions within legal, financial, regulatory and ethical frameworks. The Schulich MAcc is structured to prepare its graduates for the complex field of accounting while fast-tracking them through CPA Ontario’s Professional Education Program.

    Successful graduates of the program will be prepared to sit for CPA’s Common Final Examination (CFE). In addition to gaining in-depth knowledge of all sub-disciplines that constitute the broad field of accounting, students will have an opportunity to deepen their expertise in two of the three program areas of specialized electives: tax, assurance and performance management.

    Depending on your background and goals, the MAcc offers multiple pathways to success. Learn more about the MAcc program below, or visit the Admissions page to identify the path for you.

  • Shanker Trivedi
    Associate Professor of Accounting
    Program Director, Master of Accounting

“The academic rigour and industry connections of the Schulich Master of Accounting enabled me to advance towards my CPA designation and enrich my career.”

Faghya Shafiq (BBA ’16, MAcc ’17)CFE Gold Medal Winner
Senior Staff Accountant, EY
  • Career Opportunities

    The Schulich Master of Accounting program will provide you with the critical thinking and business acumen required to make informed accounting decisions. Whether you pursue the CPA designation or a career in accounting, this intensive program will allow you to launch your career in the field of accounting.

    Throughout the MAcc program you will also have access to the Centre for Career Design (CCD). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CCD offers  a wealth of innovative programs, resources and individualized coaching to help you launch your career. Meet alumni, recruiters and industry leaders at corporate information sessions and other CCD events and enjoy online access to the very best career tools available.

    Recruiters value the technical and accounting skills MAcc graduate possess, paired with their knowledge of legal, regulatory and governance frameworks. Accountants are hired in various functions, such as financial accounting, management accounting, cost accounting, tax planning, estate planning and auditing.

    Those pursuing the CPA designation could also work with the leading CPA firms, as well as controller type roles in all industries upon completion of the CPA designation.

  • Our MAcc could lead you to an exciting career in an organization such as...

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MAcc Program Details by Category

Admission Requirements

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Requirement Checklist

The admission requirements for the MAcc 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.

  1. A four year undergraduate degree from a recognized post-secondary institution with a minimum B average in the last two full years (or equivalent) of academic work;
    OR a three-year degree from an Indian institution with a National Assessment and Accreditation Council (NAAC) rating of at least an A, and who have achieved a first-class rating (60% and above) overall in their bachelor’s degree;
    OR students with a three-year non-Canadian degree (except degrees from India) are required to have their degree assessed by the World Education Services (WES) (to be the equivalent of a four-year degree in Canada).
  2. Prerequisite courses in Economics (Micro & Macro), Statistics and Corporate Finance or Canadian Business Law taken at the undergraduate level.
  3. Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) (waived for graduates of Canadian universities within the last five years)
    • Acceptable scores on all measures of the GMAT or GRE
    • To send your GMAT or GRE test scores to the Schulich School of Business, please use the following process:
      • GMAT: Use the search function within your GMAT/GMAC account to search for the Schulich School of Business when selecting your score recipients.
        • Example of how our name appears: York University, Schulich School of Business, Program Name (ie. Master of Business Administration, Master of Finance, Master of Supply Chain Management, etc.)
      • GRE: Send your score using the following code: 5697
  4. Work Experience
    • Post degree work experience is recommended but not required.
  5. Completion of the online application which requires:
  6.  Proof of English language proficiency if studies were not completed in English.

*Official copies of these documents will be required if an applicant receives an offer to the program.

Accepted Tests Minimum Score
IELTS (Academic Test) 7.0 overall (minimum 6.5 on each dimension)
TOEFL   100 iBT (minimum 23 on each dimension)
Schulich’s TOEFL code is B710 with Department Code 02

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.


Students who have graduated from Schulich within the last five years are eligible for the following:

  •  GMAT/GRE waiver
    • If the student achieved a B+ or better GPA during their last two years of undergraduate studies
  • Letters of recommendation
  • Essays
  • A $150 application fee waiver

*Also applicable for graduates of Canadian universities within the last five years

Please note: Your GMAT/GRE score and responses from your referees can be completed after your application has been submitted. A preliminary review of your application will still be done prior to receiving these items.

Students may only submit a single application. Students are not permitted to apply in multiple rounds or to multiple programs.

For more information please see our Application Tips.

Deadlines

The MAcc program is offered on a full-time basis only. Full time studies start in May of each year.

Entry Round 1 Round 2* Round 3 Round 4**
May 2025 July 24, 2024 September 4, 2024 November 13, 2024 February 12, 2025
May 2025 (Accelerated)
Schulich i/BBA CPA stream only
January 15, 2025 February 12, 2025 N/A N/A

* International students are encouraged to apply as early as possible to have sufficient time to apply for a study permit should they receive an offer of admission.
** Round 4 is for Domestic applicants only.

Advanced Standing

Advanced Standing with a Business Degree

Students holding a four-year business degree from a Canadian institution may be eligible for Advanced Standing. Note that you must have a minimum B grade in all applicable courses that are required for Advanced Standing. Meeting these course requirements does not guarantee Advanced Standing. If granted, Advanced Standing would allow you to enter the program at Term 2 in September and complete your degree in twelve months (three terms) of full-time study.

Courses required for Advanced Standing completed at the undergraduate level include:

  • Microeconomics and Macroeconomics
  • Statistics/Quantitative Methods
  • Corporate Finance
  • Canadian Business Law
  • Information Systems
  • Introduction to Financial Accounting
  • Introduction to Management Accounting
  • Intermediate Financial Accounting I

Registered CPA students who have completed Core 1 of the PEP may also be eligible for Advanced Standing.

Advanced Standing for Schulich i/BBA

Schulich i/BBA in a non-accounting specialization may be eligible for Advanced Standing to the MAcc program. This program is 12 months in duration beginning in the fall term (September each year).

The general admission requirements for the MAcc are listed below. Meeting the minimum admission requirements does not guarantee admission, as space in the program is limited.

  1. A minimum B (6.0) average in your last two full years (60 credits) of academic work.
    • If you went on exchange in 3rd or 4th year, your exchange grades will be included in your GPA calculation.
    • If your degree is in progress, you must have all of your degree requirements complete, and be eligible to graduate by the end of the summer term prior to the term to which you are applying.
  2. Prerequisite courses:
    • ECON 1000/INTL 1200 and ECON 1010/INTL1210
    • MGMT 1050/OMIS 1050
    • ACTG 2010 and ACTG 2011
    • ACTG 2020
    • FINE 2000
    • MGMT 3100
    • ACTG 3110
    • OMIS 3710
Accelerated – Schulich BBA Accounting Stream students

Students who have graduated or expect to graduate from the Schulich i/BBA with the accounting specialization may be eligible for the Accelerated MAcc  program. If admitted to the Accelerated MAcc program you to enter the program at Term 3 in May. This program is 8 months in duration made up of two consecutive summer terms (May each year).

The admission requirements for entry to the Accelerated MAcc program are listed below. Meeting the minimum admission requirements does not guarantee admission, as space in the program is limited.

  1. A minimum B (6.0) average in your last two full years (60 credits) of academic work.
    • If you went on exchange in 3rd or 4th year, your exchange grades will be included in your GPA calculation.
    • If your degree is in progress, you must have all of your degree requirements complete, and be eligible to graduate by the end of the winter term prior to the term to which you are applying.
  2. A minimum B (6.0) average in all CPA courses
    • No individual mark less than C in any CPA-defined core courses. For a list of which courses are defined as core with CPA, click here.

Registered CPA students who have completed CPA-accredited Core 2 of the PEP may be eligible for admission to the Accelerated MAcc program.

 

Tuition & Fees

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Master of Accounting (MAcc) Program Fees

The MAcc is a full-time program consisting of four academic terms. A term is equivalent to one semester, or 12 weeks.

Fees below are based on the Summer 2024 fee framework, and are subject to change.

Student Status Full-Time Tuition per Term/Semester*

Charged in Fall, Winter, and Summer.

Estimated Program Total**

Current tuition fee multiplied by the typical number of terms required for program completion.

Domestic Students
Canadian Citizen, Landed Immigrant,
Permanent Resident
$9,033 $36,150
International Students
Visa/Study Permit
$21,862 $87,450

*Fees are rounded to the nearest dollar and include supplementary fees. For full details on all current tuition, supplementary fees, and student health plans refer to the Student Financial Services website: https://sfs.yorku.ca/fees/courses.

**Tuition fees have not yet been set for the Fall 2024-2025 academic year. Program totals are estimates only and subject to change. The Estimated Program Total is calculated by multiplying current Summer 2024 tuition fees by the standard number of terms required to complete the program. Program total estimates are rounded to the nearest $50.

Study Options

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The length of time required to complete the MAcc depends on students’ academic backgrounds.

Graduates of the Schulich BBA or iBBA program are  eligible for direct entry into Term 3 of the Master of Accounting and may complete the degree in 8 months.

For students wishing to exit the MAcc program, diploma options are available after the completion of Term 2 or Term 3. Click below to learn more about these diploma programs.

 

Available delivery options

  • (Accelerated MAcc Full-time, May entry) Business Graduates from the Schulich School of Business, CPA Accredited Stream 8 months
  • (Advanced Standing MAcc Full-time, September entry) 12 months
  • (Full-time, May entry) 16 months

Location(s)

  • Keele Campus Toronto, Canada
Graduation Requirements

Exit Options

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If you are unable to complete the full MAcc program Schulich offers two exit diploma options. Please see details below. 

 

Diploma in Intermediate Accounting (DIAc) 

The Diploma in Intermediate Accounting (DIAc) is an 8-month exit diploma for Master of Accounting (MAcc) students who elect to graduate after completion of Term 2 of the MAcc program.   

Students opting to graduate after Term 2 with the DIAc will have a solid foundation in the field of Professional Accountancy in Canada and a thorough understanding of financial and management accounting fundamentals. 

If you are considering this option, please connect with Student & Enrolment Services, SSB W263 or studentservices@schulich.yorku.ca for more information. 

 

The Diploma in Advanced Accounting (DAAc) 

The Diploma in Advanced Accounting (DAAc) is an exit diploma for Master of Accounting (MAcc) students who elect to graduate after completion of Term 3 of the MAcc program.  

DAAc is accredited by CPA Ontario. Successful graduates of the program will have completed the CPA Electives and be eligible for entering the capstone phase of CPA’s accreditation program. Completing the Diploma in Advanced Accounting allows you to be exempt from the CPA PEP Elective modules. 

 

If you are considering either of these options, please connect with Student & Enrolment Services, SSB W263 or studentservices@schulich.yorku.ca for more information.  

Curriculum Overview

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The Master of Accounting (MAcc) is a full-time only program. To accommodate working professionals, Term 4 is offered in a bi-weekly weekend format to prepare students with the requisite skills to successfully complete the CFE.

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  • 51.00 credits of core courses
  • 9.00 credits of elective courses from three sets of electives
  • C- or greater grade in each course

Click on the course code to view the full description.

Please note that course sequencing is subject to change.

Term 1 (Summer)

  • FINANCIAL ACCOUNTING FUNDAMENTALS
  • MANAGEMENT ACCOUNTING FUNDAMENTALS
  • INTERMEDIATE FINANCIAL ACCOUNTING I
  • MANAGEMENT INFORMATION SYSTEMS

 

PLUS

  • MANAGERIAL FINANCE

 

or

  • BUSINESS ADMINISTRATION AND THE LAW

Term 2 (Fall)

  • INTERMEDIATE FINANCIAL ACCOUNTING II
  • FINANCIAL REPORTING AND ANALYSIS
  • ADVANCED MANAGEMENT ACCOUNTING
  • AUDITING STANDARDS & APPLICATIONS
  • INTRODUCTION TO INCOME TAXATION
  • MULTI-COMPETENCY CASE ANALYSIS FOR ACCOUNTANTS

Term 3 (Winter)*

*Recent graduates who are admitted directly to Term 3 will begin in Summer.

  • INTEGRATIVE CASE ANALYSIS FOR ACCOUNTANTS
  • ADVANCED INCOME TAXATION

Elective Options (12.00 credits)

Students must choose any three of the four sets of electives. Please note students pursuing public accountancy must complete Assurance and Tax.

Assurance
  • ADVANCED FINANCIAL ACCOUNTING
  • ADVANCED AUDITING
Performance Management
  • STRATEGIC MANAGEMENT
Tax
  • MANAGERIAL TAX PLANNING

Term 4 (Summer)

  • ADVANCED INTEGRATIVE CASE ANALYSIS
  • INTEGRATIVE CASE ANALYSIS - THE CAPSTONE
  • MANAGEMENT ACCOUNTING: STRATEGY AND PERFORMANCE
  • STRATEGIC PERFORMANCE EVALUATION
  • STRATEGIC LEADERSHIP PLANNING AND CASE ANALYSIS

Faculty

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  • Schulich's Accounting faculty have been consistently recognized for their teaching excellence, with several faculty members nominated for the prestigious Seymour Schulich teaching awards each year.

    In addition to outstanding teaching credentials, faculty members include industry practitioners, editors of highly respected international and Canadian accounting journals and members of editorial boards of premier research journals.

    Teaching & Learning Online

Student Clubs

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Schulich Accounting Association (SAA)

The SAA targets students who are pursuing their Accounting designation, as well as students who are interested in Accounting or networking opportunities. The club meets its objective by hosting accounting related events that supplement Schulich’s graduate curriculum.

Email: saa@schulich.yorku.ca

Professional Designations

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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.

Connect with Admissions

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