MAC Full Form

MAC Full Form


What is MAC (Master’s in Accounting)?

A master’s degree in accounting is a graduate degree that deepens your knowledge of accounting and finance. Whether you’re seeking to advance in your current role or move into a new career, you can pursue either goal with a master’s in accounting degree. 

About Master’s Degree in Accounting (MAC):

At the master’s level, accounting programs often focus on helping you develop a greater knowledge of accounting and finance. More than mastering spreadsheets and other accounting software, you may also be expected to deepen your analytical abilities with in-demand data skills, such as statistical analysis, coding, and more. You can earn your master’s in accounting in-person or online, and program lengths vary: from eight months to two years of full-time study. It’s worth noting that accelerated programs, such as those that take less than a year to complete, can require a more significant time commitment to ensure you finish on time. It will also prepare you to take the CPA exam, if you so choose.

Common MAC coursework includes:

  • Federal taxation
  • International taxation
  • Corporate taxation
  • Cost systems
  • Auditing and assurance 
  • Ethics and negotiations
  • Tax practice and procedure

Master's in accounting concentrations:

As a graduate student in accounting, you may have the opportunity to specialize in an area of accounting that best suits your career goals. Programs may offer different concentrations, so it’s best to review the ones you’re interested in attending for more information. 

Some common MAC concentrations are: 

  • Assurance
  • Audit and control
  • Financial reporting
  • Accounting information systems
  • Public accounting
  • Business administration
  • Managerial accounting 

 

Career in MAC (Master’s in Accounting):

With a master’s in accounting, you can work in numerous industries performing an array of accounting, financial, tax, or managerial duties. You can also explore careers related to business in general, including management and leadership. 

MAC degree programs or Master of Professional Accounting programs both prepare you to take the CPA exam.

The best master’s in accounting program for you depend on your resources, your career goals, and your preferred way of learning.