iMSA Program Requirements

The iMSA was developed by top accounting faculty to build expertise in leading analytics methods, financial reporting, audit and control, and US federal taxation. This degree helps prepare you to sit for the CPA exam. The 20 accountancy hours required are ACCY 501 through ACCY 505 (each of the five courses awards 4 hours credit).

For successful completion of this program, all iMSA students must:

  • Complete 32 Credit Hours
    Of which at least 20 hours are in accountancy (ACCY) courses, and at least 4 hours are in a non-accountancy course.
  • Earn a Cumulative GPA of 3.0
    This is the minimum term GPA required to maintain good academic standing in each term and to graduate.

 

Course Information

iMSA accounting courses are offered once a year. You can view the Annual Course Offering List for information on both accountancy and non-accountancy course offerings. If you have any questions on degree planning or course information, please visit the Advising & Planning section.

Core Accounting Courses

 

Accounting Elective Courses

    Non-Accounting Elective Courses

    Most non-accountancy electives are 8-week, 4-credit hour courses and can be taken year-round (fall, spring, and summer semesters). We've provided a few non-accountancy electives below. You'll find the full list of non-accountancy electives on the course offerings page

    Transcriptable Concentrations and Graduate Certificates

    iMSA degree-seeking students have the option to earn one additional transcriptable credential while in pursuit of their MSA degree. The addition of a concentration or Graduate Certificate is optional based on your coursework and your personal and professional goals. Learners can only select either the Accountancy Analytics concentration or one embedded graduate certificate during their iMSA program.

    Accountancy Analytics Concentration

    The iMSA Program currently offers one transcriptable concentration, the Accountancy Analytics Concentration. Students who wish to have this concentration appear on their transcript must complete 12 hours of approved courses. The recommended course completion of this concentration is:

    • ACCY 569
    • ACCY 576
    • ACCY 577
    • MBA 565
    • Two sections of ACCY 578     

    A Graduate Student Petition is required to request the concentration be added to your record. The concentration will be listed on your transcript, but will not appear on your diploma. No coursework substitutions are allowed to complete the concentration.  

    If you are interested in completing the Accountancy Analytics concentration as part of your degree, please work with our student and academic success specialists.   

    Required Coursework:

    • ACCY 569: Data Driven Decisions in Accounting (2 credit hours)
    • ACCY 576: Data Preparation for Accounting (2 credit hours)

    Select 8 hours of approved electives below. MBA 561 should be completed prior to taking MBA 563 or MBA 564 in order to be successful.

    • ACCY 577 Machine Learning
    • ACCY 578 Accounting Analytics Applications
    • MBA 563 Data Toolkit: Business Data Modeling & Predictive Analytics
    • MBA 564 Special Topics 1 and 2
    • MBA 565: Infonomics

     

    Embedded Graduate Certificate

    To earn a graduate certificate as part of the iMSA, you must complete all 12 credit hours of graduate certificate coursework during your degree program. iMSA learners can elect to earn one graduate certificate during their degree program. 

    The following Graduate Certificates are available to iMSA learners: 

    • Accounting Data Analytics (ADA) 
    • CPA Pathways 
    • Business Analytics 
    • Digital Marketing 
    • Entrepreneurship and Strategic Innovation 
    • Financial Management
    • Global Challenges in Business
    • Managerial Economics & Business Analysis
    • Mergers and Acquisitions
    • Strategic Leadership & Management
    • Taxation
    • Value Chain Management


    How to earn an Embedded Graduate Certificate

    To earn a graduate certificate as you must complete the two-step process of adding the certificate to your record through a Curriculum Change Petition and then applying to graduate through self-service to officially confer your graduate certificate. It is highly recommended that you add your intended certificate to your record early in your degree program.

    Please refer to the University Calendar to identify academic deadlines to add to your record and confer a degree each semester. You may add to your record and confer in different semester. 

    Fall Deadlines  l   Spring Deadlines   l    Summer Deadlines  

    Step 1: Add to your Academic Record

    Follow these instructions to successfully submit your petition: 

    1. Login to the Graduate Student Portal using your NetID and password 
    2. Under the "Forms and Resources" section, click on the "Graduate Student Petition" link and "Start a new petition" 
    3. Select "Curriculum Change" and "Other" as your request type and complete all fields on the form 
    4. Are you currently on an upcoming degree list? Select "Yes" or "No" to indicate if you have already applied to graduate from the iMSA. You can verify this by clicking on the “View Graduation Application” in the UIUC Self-Service “Graduation” section
    5. Enter the effective Term: Enter the term you wish to desire to add this to your academic record
    6. Select Curriculum Change Category: "Current doctoral or master's student adding a secondary certificate program curriculum" 
    7. Add the certificate you are requesting in the "New Degree Program" option from the drop-down list 
    8. Please provide a detailed explanation of your request.
      "Please add the {list focus area} Graduate Certificate to my academic record effective in {list term}"
    9. Click "continue" when you have completed these steps and to submit your petition. 

    It may take up to one week to see this added to your academic record after submitting the petition. The Graduate College will send you an email confirming the certificate has been added to your academic record.

    Step 2: Confer your Graduate Certificate

    After your petition has been approved and added to your record, you can continue to the next step of conferring your graduate certificate. You must submit your application to graduate in Student Self-Service by the University deadline for that semester to officially earn your graduate certificate. You must be either enrolled in the final course of the certificate or have all coursework completed to confer your graduate certificate. 

    Degree Planning

    Your degree plan is an important step that will give you a road map toward graduation. Our dedicated Student & Academic Success Specialists will work with you throughout your iMSA journey to help you plan a degree path that will meet your professional and personal needs. Because you will need to budget 10 to 15 hours per week per course to complete the work, you should not take more than 1 to 2 courses at a time. Additionally, there are certain courses we recommend you not take together. For this reason, it is always a good idea to contact a specialist to review your plans.

     

    iMSA Resources

    Annual iMSA Course Offerings
    iMSA students can follow the basic accounting or tax path. The Data Analytics concentration is transcriptable. Students must submit a Graduate Student Request form. For your convenience, we provide you with an Annual View of the iMSA Course Offerings to provide an overview of when our courses are offered throughout the year.