MSM-Finance Degree vs Master of Accountancy

Among the specialty master’s degree programs Weatherhead offers are two programs that may sound similar in name but serve different purposes. The Master of Accountancy (MAcc) and Master of Science in Management-Finance (MSM-Finance) degrees attract an audience with similar ranges of early career experience but arm them with different sets of skills.

The Weatherhead MAcc program is designed for students who are looking for an advanced degree that enhances the knowledge and skills they learned as an undergraduate in accounting. This program admits 50-55 highly qualified students each year, which allows for intimate class sizes and greater interaction between students and faculty.

The Weatherhead MSM-Finance program is a broader program that strives to enhance any undergraduate degree with the quantitative and analytical skills necessary to begin a career in finance. Key aspects of this degree include lessons in corporate finance, financial modeling, valuation, derivatives, risk management and financial econometrics.

Use this chart to help decide which Weatherhead master’s degree program is right for you.

Master of Accountancy

MSM-Finance

Length 3 semesters, full time As few as 2 semesters (longer when combined with additional departmental certification), full time
Avg. Work Experience 1.42 years 1.16 years
Avg. Student Age 24 23
Distinctive Admission Requirements
  • Bachelor’s degree in accounting is not required, but all admitted candidates must complete certain prerequisite courses in accounting before or during the MAcc program
  • GMAT
  • See the Admission Information page for complete application guidelines
  • No coursework or minimum test score requirements
  • GMAT or GRE
  • See the Admission Information page for complete application requirements
Key Curricular Elements In-depth study of accounting, taxes, reporting, analysis, practice and theory Finance core delivered in the first semester, after which students customize program according to their long-term goals and specific areas of interest. Students choose from two tracks: Corporate Finance or Risk Management
Curriculum Delivery All students are required to take 30 credit hours in accountancy courses. After taking the 18-credit-hour Finance core, students can choose from a variety of courses to develop expertise in their areas of interest. Students may also opt to extend their program by taking an additional 9 credit hours of electives into the second fall semester.
Career Strategy Prepares graduates for diverse paths in public or corporate accounting, taxation, financial analysis, management and consulting. Upon completion of the program, graduates will have satisfied the accounting educational requirements to sit for the CPA examination in the state of Ohio. Enhances undergraduate degrees with the quantitative and analytical skills to begin a career in the student’s field of interest or prepare the student for an entirely new direction.
Tuition $43,200 per year ($21,600 per semester)
Additional costs include a management fee, health insurance fee, books and supplies, and housing and living expenses, which vary based upon individual student’s spending habits.
$49,980 per year ($24,990 per semester)
Tuition covers the required 30 credit hours; after the first 30 credit hours, students have the option to take additional elective courses at $900 per credit hour until graduation.
Additional costs include a management fee, health insurance fee, books and supplies, and housing and living expenses, which vary based upon individual student’s spending habits.
Scholarship Availability Applicants are automatically considered for merit-based scholarships and graduate assistantships as part of the admission process.
For maximum scholarship availability, candidates should apply early to the program.
Applicants are automatically considered for merit-based scholarships and graduate assistantships as part of the admission process.
When merit-based scholarships are determined professional experience may be considered in addition to academic achievements.

Learn more about Weatherhead programs by requesting information, attending an open house event, or speaking with one of our knowledgeable and dedicated staff members.