General Program Information
Does the MACC program require work experience?
The MACC program does not have a work experience requirement. Students entering the MACC program typically do so immediately after completing their undergraduate degree.
Do I need to have an undergraduate degree in accounting to be accepted into the MACC program?
No. However, you must have a bachelor’s degree, and satisfy our business core and upper level accounting prerequisite courses. If you are missing prerequisite courses prior to entering our MACC program, you will be required to complete these courses in addition to the 10 MACC program courses. Please note that taking prerequisite courses may extend your MACC program beyond our traditional 10-month completion cycle. We also offer custom schedules for students without an accounting background wanting to complete our program in as few as 18 months.
What prerequisite courses are required for the MACC program?
Please visit our Curriculum page for a listing of all prerequisite courses.
If you are missing prerequisite courses prior to entering our MACC program, you will be required to complete these courses in addition to the 10 MACC program courses. Please note that taking prerequisite courses may extend your MACC program beyond our traditional 10-month completion cycle. We also offer custom schedules for students without an accounting background wanting to complete our program in as few as 18 months.
If I was not a business and/or accounting major, how can I complete the prerequisite courses?
It is preferred that you complete any prerequisite courses at the University of South Carolina. Alternatively, applicants in this category can take the prerequisites at another four-year institution prior to starting the MACC program. Your performance in these courses, along with your retaking of any required entrance exams (GMAT, TOEFL/IELTS) will be important factors for your admission in a future term.
How long does it take to complete the MACC program?
The MACC program consists of 10 courses. Most full-time students who enter the program with a full-time job offer complete the program in two regular (fall and spring) semesters of 15 hours each.
Students who start the program without a full-time job or job offer are only allowed to take 4 classes in the fall semester in order to participate in recruiting. This traditionally results in students taking a summer class to complete the program within one year.
Students completing prerequisite courses may take longer to complete the MACC program depending on the number of courses they are missing.
Are summer classes required?
Summer classes are not required, but may be necessary if you participate in fall recruiting. Students participating in recruiting (all students without a full-time job offer) are not allowed to take more than 4 classes during the fall semester.
If you do not have a summer internship, we recommend taking at least one class the summer before fall recruiting so that you can graduate in May. You may also take classes, and graduate, the following summer.
Can I attend the MACC program on a part-time basis or at another USC campus?
The MACC program is not offered online, as distance education, or at any other USC regional campus. The program was designed as a full-time program and the majority of the students attend on a full-time basis. All of the required MACC courses are only offered on the Columbia campus during the hours of 8 a.m. to 5:30 p.m.
We have had students complete the program on a part-time basis. However, if you want to take classes part-time and are currently employed, you need to have a very supportive employer to accommodate our class times. In-class attendance is mandatory.
What is the job placement rate for students who went through the MACC Program?
Past placement of MACC students has been excellent. Over the past several years, nearly 100 percent of UofSC MACC students have been placed by the time they graduate.
Some of the primary factors in job placement are:
Undergraduate and graduate grades
Willingness to relocate
The job market at the time of graduation
Service and work history
GMAT exam score
Your ability to communicate effectively and sell yourself to potential employers
Job placement rates for international students varies based on the student’s background and academic profile. International students who have attended and graduated from a four-year institution in the U.S. in combination with a MACC degree historically have had a better chance at domestic job placement. Due to immigration laws and market conditions, students who have completed an undergraduate degree outside of the U.S. have encountered greater challenges with domestic hiring.
What is involved in applying for the MACC program?
Do you offer a GMAT Waiver?
Yes! Waivers of the GMAT requirement are provided on a case-by-case basis after review by our admissions committee. Minimum requirements to request a waiver are:
3.50 Cumulative (or most recent 60 hour) GPA,
3.50 Upper Level Accounting GPA, AND
3.50 Business Core GPA
Meeting these minimum requirements does not guarantee the receipt of a waiver.
To request a waiver, please email unofficial copies of your transcript(s) and a current resume to email@example.com.
When is my application due?
We have various application deadlines for each entry term. View our deadlines and learn more on our Admissions Requirements page.
International students should apply at least 30 to 45 days earlier to allow additional time for processing immigration and visa documents.
What should my GMAT score be?
We do not have a minimum GMAT score. Generally, your GMAT score should be 570 or above. Applicants with GMAT scores lower than 570 may be required to take the exam at least twice before being considered for admissions. The GRE exam will not be accepted.
What should my undergraduate GPA be?
The average undergraduate GPA for students admitted to the MACC program is typically around 3.6. On a 4.0 scale your overall GPA should be 3.0 or above and your upper level accounting GPA should be 3.0 or above. It is highly unlikely that an applicant with an upper level accounting GPA of less than 3.0 will be admitted. In addition, applicants must have no more than two C's in their upper level accounting courses.
What should my IBT, TOEFL or IELTS score be?
International students must have a minimum TOEFL score of 100 on the IBT version, including the following minimum scores for each section:
If the IELTS is taken in lieu of the TOEFL exam, a minimum score of 7.0 is required overall AND at least a 7.0 on each section of the exam.
Exam scores must be no more than two years old. International students graduating from a U.S. institution with at least three years of studying within the United States may qualify for an exemption of this requirement.
Is an interview required for acceptance into the MACC program?
Yes. An admissions interview is required of all qualified MACC applicants. Interviews will be conducted either on campus or online. You will receive notification of your interview status after all required application components are received and evaluated.
How do I know if I am a competitive applicant?
Competitive applicants typically have an overall (or last 60 hrs) GPA of 3.35+ and a GMAT score of 570+. If you would like to have a pre-application review performed to provide you a personalized view of your admissions potential, please email us a copy of your unofficial transcript(s) and exam scores to firstname.lastname@example.org.
Financing Your Degree
What fees are involved in the MACC program?
The MACC program uses a program fee instead of tuition. The 2018-2019 MACC program fee is:
$528 per credit hour ($15,840 for the 30 credit hour program of study) for South Carolina residents
$1,031 per credit hour ($30,930 for the 30 credit hour program of study) for nonresidents
Students who need prerequisite courses will be charged the same per credit hour fees for these additional courses.
Is merit-based financial aid available?
Yes. Visit Financing Your MACC for more information regarding merit-based financial awards.
Merit-based awards are quite competitive. Finalists for these awards generally have GPA's and GMAT scores that are substantially above the program averages.
Your application for admission is your application for merit-based aid. There is no additional application. All qualifying applicants will be considered.
What is the MACC Scholars Program?
The MACC Scholars program rewards students for their excellent performance in their undergraduate studies. Qualifying students receive an award package of a $1,500 fellowship plus in-state tuition rates for non-residents. MACC Scholar recipients can also qualify for a GMAT waiver.
How much do the fellowships and graduate assistant positions pay?
Decision in a Day award packages from the 2017 events ranged from $1,500 to $30,426. Our largest financial award packages are given at this event.
Other financial awards begin at $250 per semester. Graduate assistants receive a stipend of $2,000 per semester. MACC Scholars recipients receive a fellowship of $1,500 plus an additional award to bring them to the in-state tuition rate if they are not residents of SC. Most other nonresidents also qualify for awards reducing the standard nonresident rate.
Are student loans available to MACC students?
Yes. Currently graduate students may borrow from several student loan programs. For specific program requirements and application materials, contact the Office of Student Financial Aid and Scholarships:
International students generally do not qualify for U.S.-based student loans.
Is the MACC program accredited?
Yes. The Moore School and the School of Accounting are both accredited by the Association to Advance Collegiate Schools of Business (AACSB International).
AACSB Accreditation is the hallmark of excellence in business education, and is earned by less than five percent of the world's business programs. The Darla Moore School of Business is one of only 716 business schools globally that maintains AACSB Business Accreditation, and one of only 181 institutions in the world to also maintain a specialized AACSB Accreditation for accounting.
Are there opportunities to visit the MACC program?
Yes! Visit our MACC Events page to learn more about our events, both in person and virtual.
How do I find out more about CPA hour requirements?
We recommend the following sources for information about CPA hour requirements:
American Institute of CPASs (AICPA): A wealth of information about the profession, including links to the various state CPA exam and license requirements.
South Carolina Association of CPAs (SCACPA): Student and Educators section contains useful information for aspiring and new CPAs -- including scholarship opportunities.
Institute of Management Accountants (IMA): A great source of information about corporate accounting.