Resource guide for the MACT degree

Why should I consider a MACT degree?

The Master of Accounting program was designed to prepare students to sit for the Texas Certified Public Accountant (CPA) exam. The Texas State Board of Public Accountancy (TSBPA) requires students to complete a minimum of 150 college-level hours and has specific course requirements that must be completed before you can sit for the CPA exam. If becoming a CPA is your goal, this program is a good fit for you.

Do I have to have an undergraduate degree in accounting in order to be considered in this program?

No. However, you must complete ACCT 2301, Principles of Accounting I (Financial), and ACCT 2303, Principles of Accounting II (Managerial), or equivalent with a grade of C or higher in order to apply for the MACT program. A minimum average of a “B-” (2.75 GPA) is expected for previously completed accounting hours.

How long will it take me to complete the program?

The MACT program is generally 30 graduate hours in length. However, students who do not have an undergraduate background in Accounting may be required to take up to 21 additional credit hours in order to meet TSBPA requirements to sit for the CPA exam. Upon admission, your academic advisor will review your academic history and make the determination regarding the total number of hours you’ll need to complete. Because of this necessary review, it is difficult to estimate how long it will take for you to complete the degree at the time of admission.

If I have all the required undergraduate accounting hours, how long will it take to complete the degree? 

Most MACT students choose to take six hours (two classes) per semester and attend school year round (fall, spring and summer terms). At this pace, students who come into the program having all required undergraduate hours typically complete the degree in 20 to 24 months.

I work full-time. How can I fit the MACT into my schedule?

Our MACT program is designed for working adults. Each three-hour class meets one night per week.

Can I complete my degree online?

No. The classroom experience is an important part of your MACT experience here at St. Edward’s University. Additionally, the TSBPA typically does not accept online classes for CPA exam requirements.

I started a graduate program at another school and want to transfer to St. Edward’s. Do you accept transfer hours? If so, how many?

The director of the MACT program may accept up to 9 credit hours earned at the graduate level of another regionally accredited university. In order to be eligible for transfer, the courses must be an exact content match, and grades of “B” or higher are required. The evaluation of transferability of hours will not occur until after a student is admitted to the MACT program and is at the sole discretion of the Dean of the School of Management and Business. We cannot estimate at the time of application how many transfer hours may or may not be accepted.

I’m not sure if the MACT program is right for me. How can I learn more?

We recommend that all prospective applicants attend an information session or speak with an Admission Counselor. If you live out-of-state or are not available to attend a session, you may schedule a phone appointment with the admission counselor as an initial contact by calling 512-448-8500.

Where are you located?

We have two campuses available in Austin. Our main campus is located on South Congress. We also have a campus located in North Austinnear the Arboretum.

Where should I mail transcripts and recommendation letters? 

Application materials can be mailed to:
St. Edward’s University
Attn: Office of Admission
3001 South Congress Avenue
Austin, Texas 78704

Can recommendation letters be sent electronically? 

Yes; the recommendation form and accompanying letter can be emailed as a scanned PDF to your admission counselor, Ross Nelson

What undergraduate GPA do I need to have in order to apply?

You should have a minimum 2.75 GPA in your last 60 undergraduate hours and a minimum 2.75 in all accounting hours previously taken.

When is the application deadline? 

The MACT program currently offers three start terms each year. Application deadlines are as follows:
Fall admission: June 1
Spring admission: October 1
Summer admission: March 1

Is the GRE/GMAT required for admission? 

To apply for unconditional admission, the GRE or GMAT is required. However, there are two scenarios in which we waive the GRE/GMAT requirement:

  1. If you have previously completed a graduate degree (or a minimum of 12 graduate-level semester hours) with a minimum GPA of a 3.0 and no individual grade below a B, the GRE/GMAT requirement is waived; OR
  2. If you have more than three years of consecutive, full time (40+ hours a week) work experience and a minimum 2.75 GPA on your last 60 credits, you may apply for conditional admission without a GRE/GMAT score. The three years of full time work experience does not have to be in the accounting field. However, it should be of a professional/continuous nature.

Are recommendation letters required?

Recommendation letters are optional, but recommended. Recommendations can come from a professor, supervisor or colleague. You should choose a recommender who can speak to either your professional or academic ability to complete a rigorous graduate program. 

Is there a required recommendation form? 

We do offer a recommendation form that you can give to your recommenders, which offers more structure. The recommendation form is posted on our website under “Additional Resources”

How many recommendation letters should I send? 

We prefer between one and three recommendation letters.

I am an international student. Can I apply to the MACT program?

Yes; while the program is designed as a part-time program, it is possible to attend full-time in order to comply with F-1 Visa requirements. In addition to the standard MACT admission requirements, international students must submit:

-An official TOEFL or IELTS score dated within two years. We require a minimum score of 79 on the computer based TOEFL and 6.0 on the IELTS.

-An official course-by-course Foreign Credential Evaluation (FCE) dated within one year.

I am an international student and I took college-level accounting classes in my home country. Will these classes count towards my CPA requirements or will I have to retake them here?

You must submit an Application of Intent with the TSBPA before we can make this determination. The Board will review your foreign accounting hours and determine which, if any, foreign hours they will accept and notify you. You must submit this notification to us before we are able to advise you regarding the number of hours and courses you will be required to take as part of the MACT program.

While this report is not a requirement to apply for admission to the MACT program, it must be on file before you meet with an academic advisor to discuss your degree plan.

How much is tuition?

Graduate tuition for the 2014-2015 academic year is $1,246 per credit. The MACT program is a 30 credit hour program. The graduate tuition is inclusive, as we do not charge additional fees for advising, career services, the library, the recreation center, etc. However, there is a separate technology fee ($50 per term) and a $240 annual parking charge. 

Are there scholarships, fellowships or other types of aid available to help me pay for my degree?

We do not offer institutional scholarships or fellowships to incoming graduate students. However, after completing six credit hours with our program, graduate students are eligible to apply for a Presidential Fellowship if they have at least a 3.5 GPA. This fellowship is equivalent to the cost of one credit hour.

U.S. citizens and permanent residents can apply for federal financial aid in the form of student loans to help pay their tuition and fees. Students will be assigned a designated financial aid advisor upon admission to help answer questions about financing their education.

We also recommend that you research outside scholarship opportunities, such as the ones listed on our Student Financial Services page.

What is the St. Edward’s school code for the FAFSA form?


How will I know if my application is complete?

Once you submit your application, you will receive an e-mail within 48-72 hours that contains directions to "claim your account" and obtain access to the online status checker. The status checker will allow you to see when we receive documents, which items are missing, and when your file goes to the Admission Committee for review.

How long will it take for the admission committee to review my application?

Once all required application materials have arrived, your application will go to the committee for review. The review process generally takes 3-4 weeks. You may be contacted by email if the committee has additional questions or a request for more information, in which case your file would be placed on “hold” status. Once the requested information is received, your application will return to committee review and will be reviewed within 2-4 weeks. It is best to apply early to ensure that the committee has plenty of time to review your application.

I’ve been admitted! What is my next step?

Congratulations! Students who have been admitted will receive a Statement of Intent (SOI) form with their acceptance letter. To secure your place in the class, you will need to return the SOI form along with a deposit of $150. The $150 deposit will be credited to your student account and can go toward the payment of tuition or parking, etc. Once we receive the SOI and your deposit, your academic advisor will contact you to set up an advising appointment, go over your degree plan and clear you for registration.

My application was denied. Can I reapply?

In order to re-apply to the MACT program, the committee asks that you submit new information for them to review along with your second application. New information could take the form of a new GRE/GMAT score, new/additional recommendation letters, more work or volunteer experience and should include a new or updated essay. If denied, you may contact your admission counselor to ask for feedback from the committee.