School of Business
MBA in Business Administration, Accounting Concentration
The scope of services performed by accountants is continually broadening as business activities become more complex. The USM MBA with an accounting concentration provides a means to obtain an expanded foundation of core business concepts with a self-selected deepening of accounting knowledge.
The accounting concentration is intended for students who have completed an undergraduate degree in accounting or equivalent accounting coursework, such as in our Certificate of Study in Accounting program. (See undergraduate catalog for details.)
The master of business administration program at the University of Southern Maine is composed of twenty-seven credit hours of core courses and nine credit hours of elective or concentration courses. In addition, up to fifteen credit hours of foundation courses and fifteen credit hours of accounting foundation courses may be required depending on the student's previous academic background.
Foundation Courses (0-30 credits)
M.B.A. courses numbered below MBA 610 are not applicable toward the thirty-six credits needed for graduation. Admitted students whose educational background is lacking the foundation courses are required to satisfactorily complete each of these courses or their equivalents as stipulated in their letter of admission.
Grades earned in M.B.A.-level foundation courses are included in the student's grade point average. Any foundation courses in which a student earns less than a C grade (2.0) must be repeated.
Faculty strongly recommend that students, who do not have a solid recollection of foundation course content, retake or, at a minimum, review content material independently prior to enrolling in core courses. Students may consult the School of Business web site or faculty for information on course content.
A minimum grade of C (2.0) from a regionally accredited institution of higher education or successful completion of an equivalent CLEP exam or departmental exam (if available) is needed to meet a foundation course requirement. Coursework from non-accredited institutions will be evaluated on an individual basis. After admission students needing foundation courses are expected to enroll in the graduate courses to meet the requirement. In extenuating circumstances a student may petition the director for permission to enroll in undergraduate equivalent courses to meet M.B.A.-level foundation course requirements. Any undergraduate courses taken will not be included in the computation of the student's graduate grade point average.
EDU 671 Organizational Behavior
MBA 501 Economics Analysis
MBA 502 Accounting Concepts
MBA 504 Probability and Statistics for Business Decision Making
MBA 505 Financial Management
To be admitted to the accounting concentration, a student must successfully complete the following University of Southern Maine undergraduate accounting courses or their equivalent, including any prerequisite courses:
ACC 301 Financial Reporting I
ACC 302 Financial Reporting II
ACC 329 Accounting Information Systems
ACC 410 Auditing and Assurance
ACC 413 Concepts and Strategies of Taxation
Computer application skills
All students are expected to have basic computer skills in word processing and spreadsheet usage, either through prior experience or education. Students lacking in computer application skills are responsible for seeking coursework that will fulfill these expectations.
Core Courses (27 credits)
Alpha Course: MBA 611 Introduction to Organizational Change
Accounting (Select one)
ACC 630 Management Accounting Systems
MBA 631 Financial Accounting
Ethical and Legal Issues: MBA 615 Ethical and Legal Issues in Business
Finance (Select one)
MBA 623 Financial Engineering
MBA 625 International Finance (may not double count in International)
MBA 626 Strategic Valuation
MBA 627 Investment Management
MBA 628 Financial Markets and Institutions
MBA 629 Financial Modeling
Information Systems: MBA 674 Strategic Management of Technology and Innovation
International (Select one)
MBA 612 Topics in International Business
MBA 625 International Finance
Marketing: MBA 660 Managerial Marketing
Operations: MBA 672 Supply Chain Management
Capstone: MBA 698 Practicum
Electives (nine credits; select three courses)
ACC 630 Management Accounting (if not used in MBA core)
ACC 631 Current Issues in Accounting
ACC 633 Taxation for Business and Investment Planning
ACC 634 Advanced Business Taxation
ACC 635 Advanced Individual Taxation
ACC 641 Advanced Financial Accounting Topics
ACC 695 Internship in Accounting
ACC 699 Special Topics in Accounting
MBA 631 Financial Accounting (if not used in MBA core)
As of September 1, 2019, USM has placed a hold on admissions to the Master of Business Administration program. At that point applications will be accepted through the University of Maine for an MBA offered in Portland, Orono and online. Review of applications after September 1, 2019, for Spring and Fall 2020 will be conducted at the University of Maine. For more information, please see Maine MBA or contact Maine Business School at 207-581-1968 or email@example.com.