Master of Professional Accountancy

The demand for newly trained accountants is vast.

• More than 2,000 new accounting graduates are hired by private companies each year in California alone.
• The State of California hires several hundred new accountants annually across its various divisions (Franchise Tax Board, State Board of Equalization, CalPERS, CalSTRS).

To meet this growing need, the UC Davis Graduate School of Management has a new, one-year Master of Professional Accountancy degree (M.P.Ac) program to start in fall 2012.

The Master of Professional Accountancy program will admit students from broad backgrounds in economics, statistics, engineering, and other degrees that fulfill the prerequisites. The program will be open to students with any bachelor’s degree from an accredited (by local or national accrediting agencies) college or university, and who meet the minimum entrance requirements.

The program is a one-year program in classroom instruction. There are no labs or experiential credit hours.

The degree incorporates three distinguishing features:

• University of California professional degree that meets California’s new requirement beginning in 2014: Those seeking a CPA license in the State of California must complete five years of post-secondary education at an accredited college or university.
• Understanding professional responsibilities and ethics.
• Learning international accounting standards that apply to publicly traded firms, and U.S. standards that will still apply to many smaller corporations and businesses.