How to Apply to the IMAcc Program
The IMAcc program at the Wisconsin School of Business is open to students who are currently enrolled in the Wisconsin BBA Program and pursuing an accounting degree from the University of Wisconsin–Madison. The program may accept high school students who come to UW–Madison with the intention of pursuing the Master of Accountancy degree, but they must be accepted by UW–Madison and the Wisconsin School of Business before entering the IMAcc program.
Students who have already completed an undergraduate degree in something other than accounting, at any institution, may wish to consider the Graduate Master of Accountancy (GMacc) program.
“The flexibility that the MAcc program provides is second to none. Through the program I was able to tailor my internship based on time of the year, practice, location, and company.”
—Rob Loke, BBA, MAcc
When considering applications to the IMAcc program, we look for the following characteristics:
- Academic excellence, including an academic profile that will lead to graduate school admission
- Oral and written communication skills
- Demonstrated leadership and teamwork skills
- Demonstrated knowledge of the profession and why it is a good fit for you
The admissions committee places some emphasis on a student’s involvement in activities outside the classroom, as those activities help develop the personal and professional characteristics that will support academic and career success.
Average GMAT score
IMAcc 2016 graduating class
Average undergraduate GPA
IMAcc 2016 graduating class
Late January (junior year): Admissions application due*
February: Interviews with faculty members
Early March: Admissions decisions announced
Following Finals: Interviews for internships
Early June: Internship placements announced
Spring Semester (senior year): Internships conducted
* The annual application deadline is the Friday of the first week of classes each spring semester. If you plan on studying abroad in the spring, you are asked to contact the department early in the fall of your junior year. Your application process will use an alternate timetable, with the application itself due the prior October.
The application process to the IMAcc program has two parts.
Program Tuition and Fees for 2016–2017 Academic Year
Exact tuition and fees are set each August by the state legislature; tuition may vary from year to year.
*Segregated fee rate is updated each summer pending decision by the University of Wisconsin Board of Regents.
Additional information is available from the Office of the Registrar. In the dropdown menu for “Student Career,” please refer to the “Business Masters” category.
Many students receive financial support that can assist with the costs of the MAcc degree program. Financial assistance is available from several sources.
- Each student completes a paid internship in the spring of the senior year. This typically provides a total salary of approximately $6,000–$8,000.
- Teaching assistant (TA) positions are available on a competitive basis. About 40 percent of all MAcc students receive a TA appointment each academic year. Students teach for only one semester. Compensation includes a full tuition waiver for the semester and a stipend of approximately $7,000.
- Scholarships are available to selected MAcc students in their graduate year. These average about $1,800 per year. There is no application process for scholarships; all MAcc students will be considered for scholarships in their graduate year.
- Many students have the opportunity to work one-on-one with a faculty members, providing research support and/or help with grading. These positions pay an hourly rate.
Additional resources are available from the Office of Student Financial Aid at the University of Wisconsin–Madison.
Frequently Asked Questions
- How can I learn more about the IMAcc program while I’m an undergraduate?
As an undergraduate student in accounting at the Wisconsin School of Business, you will have several opportunities to learn about the application process for the IMAcc program and get answers to your questions. These include information sessions and one-on-one meetings with an advisor.
The schedule for IMAcc events will be announced in your accounting classes and at student organization meetings. You are encouraged to attend these events to learn more about the integrated IMAcc curriculum, the admissions process, and career opportunities for licensed certified public accountants.
- Why is the admissions application deadline earlier if I plan to study abroad?
The IMAcc program includes an internship that is an important part of your preparation for a career as a licensed certified public accountant. Typically, this internship takes place in the spring of your senior year. Study abroad is also a valuable experience that will complement and enhance your business education. Applying to the IMAcc program early enables your advisors to work with you on a degree plan. We want to ensure that all your IMAcc requirements are met and your interviews with employers for internships are scheduled appropriately while accommodating your study abroad.
- What if I am unable to complete my undergraduate degree requirements without taking classes in the spring semester of my senior year?
If this is your situation, we’ll help you make arrangements to complete your internship in the summer.
- I transferred to UW–Madison from another undergraduate program or switched majors. Can I still enter this program?
Yes! If this is your situation, you may need more than five years to graduate from both the BBA and MAcc degree programs at the Wisconsin School of Business. We’ll work with you to make arrangements to complete the Integrated Master of Accountancy program in six years if that works better for you. If you are committed to this program and feel it is a good fit for you, we will gladly work with you to accommodate your circumstances.
- I will be ahead of my credit requirements in accounting courses before I enter the IMAcc program. Is that a problem?
Not at all. This situation can occur when students made a commitment to pursuing accounting early in their undergraduate studies. If you have already met some of the course requirements, we’ll work with you to modify the program so that it is completed in four or four-and-a-half years.
- What are my options if I am not accepted into the IMAcc program at the Wisconsin School of Business?
If you are not accepted into the IMAcc program, you still have the opportunity to complete an undergraduate degree in accounting at the Wisconsin School of Business and obtain the necessary education requirements to sit for the CPA exam. If this is your situation, we encourage you to schedule an appointment with your academic advisor; he or she can help you restructure your course plan to achieve your objectives.