MSAC Frequently Asked Questions – Asbury University
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MSAC Frequently Asked Questions

▾ What are the Application Requirements and Deadlines?

Application Deadlines

  • Fall Semester: August 1
  • Mid-Fall Semester: September 15
  • Spring Semester: December 1
  • Mid-Spring Semester: February 15
  • Summer Semester: April 15

*Including application, transcripts, recommendations, etc. Please see the complete list below or email GradAdmissions@asbury.edu for more information.

Student with a bachelor’s degree from an accredited institution:

Applicants should possess a four-year undergraduate degree (or its equivalent) with a minimum cumulative grade point average of 3.0 or higher on a 4.0 point scale.

MSAC Program Application Requirements

  1. MSAC Application. Students can apply online.
  2. Official Transcripts: Submit all official transcripts directly from the credit-granting institution to gradadmissions@asbury.edu or by postal mail to:
    Asbury University
    Attn: Graduate Admissions
    One Macklem Drive
    Wilmore, KY 40390
  3. Resume/CV: Submit your resume in your Application Portal https://start.asbury.edu/apply/status
  4. References: Provide 3 references (academic, character, and professional) as part of the application process. A reference form will be emailed to each reference listed in your application. Please ask for your references to watch for an email from Asbury. References must be from non-family members.

 

▾ What are the Admission Prerequisites?

Pre-MSAC Foundation Requirements

Generally, it is assumed that students have completed a program in accounting (major, minor, or undergraduate certificate). However, if the student does not have an undergraduate degree in accounting, it is expected that the following undergraduate courses were completed:

Earn at least a ‘C’ in these prerequisite courses at Asbury University, or equivalent courses at another accredited school online or via correspondence courses. These course credits will not be counted toward fulfillment of the MSAC degree.

  • ACA/ACC 201 Financial Accounting
  • ACC 202: Managerial Accounting
  • ACC 301: Intermediate Accounting
  • ACC 302: Intermediate Accounting II
  • ACC 305: Cost Accounting
  • ACC 307: Principles of Income Tax
  • ACC 361: Management Information Systems
  • ACC 402: Basic Auditing

▾ How long does the program take to complete?

Obtaining an MSAC from Asbury University can take as few as 18 months. If you follow the traditional cohort track the program will take 18 months; however, our program is designed for personal customization. Most classes are offered once each year, and some electives every two years, enabling you to choose your own pacing. For more information on how you can tailor a plan to accommodate your needs, please email us at GradAdmissions@asbury.edu.

▾ How many credit hours is the MSAC program?

The program is 33 credit hours.

▾ What is the format of the MSAC program?

Obtaining an MSAC from Asbury University can take as few as 18 months with the traditional cohort track. The majority of the courses are conducted in an online classroom in 8-week or 16-week sessions.

▾ How much does the program cost?

View current tuition and fees for the MSAC program.

▾ Is financial aid available?

View the current financial aid available.  Competitive graduate assistantships are available. Please email GradAdmissions@asbury.edu for Graduate Assistantship details. Graduate Assistantship applications are typically due May 31 and awarded by June 15 each year.

▾ What are the goals for MSAC graduates?

Asbury's community sets you up for success through knowledgeable professors who worked in the accounting industry and who help prepare you for the CPA exam, and through peers who encourage you both in and out of the virtual classroom. Our alumni routinely earn high passing scores on the CPA exam.

Financial Opportunities:

  • Preparation
  • Analysis
  • Auditing
  • Regulation
  • Consulting
  • Planning
  • Criminal investigation

Managerial Opportunities:

  • General accounting
  • Cost accounting
  • Budgeting
  • Internal auditing
  • Consulting
  • Controller
  • Treasurer
  • Strategy

Tax Opportunities

  • Preparation
  • Planning
  • Regulation
  • Investigations
  • Consulting
  • Enforcement
  • Legal services
  • Estate plans

Accounting-related opportunities:

  • Lender
  • Consultant
  • Analyst
  • Trader
  • Director
  • Underwriter
  • Planner
  • Appraiser
  • FBI investigator
  • Market researcher
  • Systems designer
  • Merger services
  • Business valuation
  • Forensic accountant
  • Litigation support
  • Entrepreneur

▾ Is the MSAC program accredited?

Asbury University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award associate, baccalaureate, master’s, and education specialist degrees. Contact the Commission on Colleges at 1866 Southern Lane, Decatur, Georgia 30033-4097 or call (404) 679-4500 for questions about the accreditation of Asbury University.

The Dayton School of Business is a member of The Accreditation Council for Business Schools and Programs (ACBSP).

▾ Are rising seniors qualified to apply for an MSAC?

Qualifying seniors in an undergraduate degree program

Rising seniors (students with 90+ credits) in Asbury's residential undergraduate program are eligible to apply to the +Grad MSAC program for conditional acceptance. Students must be classified as a senior (90 credit hours) when taking 500-level MSAC courses, must have a cumulative 3.0 GPA, and must satisfy all prerequisites for the graduate course. A guest student in the MSAC program can take 9 credit hours (3 courses) and no more than one graduate course may be taken at a time.

Students are able to include these credit hours in their semester load of up to a maximum of 18 total hours and not pay additional tuition*. MSAC courses may not be used to satisfy the requirements for the bachelor’s degree— they are not dual credit courses. A student must successfully complete a bachelor’s degree before full admission into the MSAC program.

*No additional tuition fees, when taken as part of undergraduate block tuition (12-18 credit hours). Other tuition rates apply, when graduate courses are taken outside of the tuition block. Please check with Financial Aid for specific account information.