Northern Illinois University

College of Business - NIU

Frequently Asked Questions

Admission

Who should I talk to about the MAS program?

Rowene Linden is the MAS advisor. Her office is in BH 345. You may contact her via phone, 1(815) 753-6200; email, rlinden@niu.edu; or fax, 1(815) 753-8515. Please call 1(815) 753-1637 to make an appointment with her.

Criteria 1: The minimum criteria are a 2.75 cumulative GPA, 3.00 GPA in Accountancy courses including 206 and 207, 475 GMAT score, and appropriate leadership and communication skills as evidenced by letters of recommendation and goals statement.

Criteria 2: In addition students must have a composite score of 1100 or higher. The composite score is calculated by the following formula: (cumulative GPA x 200) + GMAT score = 1100 or higher.

Criteria 3: There are a limited number of students who can be admitted to the program. Admission to the program is competitive and limited to candidates who demonstrate high promise of success. Final admission decisions will be based on GPA (cumulative and Accountancy), GMAT score, composite score, and leadership and communications skills as documented in a goals statement and letters of recommendation.


What if I do not meet the minimum admission criteria of either option?

You will not be admitted to the MAS program.


When should I apply?

 
M.A.S.
Deadline
All Documents to
Grad School Deadline
International
Students Deadline
SummerFebruary 1stJune 1st-------*
FallApril 1stJuly 15thMay 1st
SpringSeptember 15thDecember 10thOctober 1st

* International students can not apply for summer term.


What documents do I need to complete and submit?

  1. Complete the following M.A.S. Information Admission Form. This is in addition to filing all documents with the Graduate School. It is the student's responsibility to make sure all documents are on file with the Graduate School by the deadline listed above. NIU students need to submit an unofficial NIU transcript to the Department of Accountancy. The unofficial NIU transcript may be obtained at the Office of Registration and Records, on the second floor of Williston Hall.
  2. The following documents need to be submitted to the Graduate School, along with the nonrefundable $30 application fee:
    • Application for graduate school including a goals statement. The online application website is: www.xap.com/applications/niu_graduate_school/apply.html;
    • Official GMAT score; It takes approximately 4-5 weeks for the official GMAT score to reach NIU.
    • Two letters of recommendation; Preferably from an academic source rather than from a work-related source. You may use the NIU Graduate School recommendation form.
    • Official transcripts (both English and native language copies if you are an international student); Transfer students who submit official transcripts before a bachelor's degree is earned, will need to send another official transcript with the degree posted. NIU students do not need to submit transcripts to Graduate School for admission purposes or to verify the degree confirmation. Transfer students must submit an official transcript from each school attended, if you wish courses to be evaluated for Phase I requirements.
    • TOEFL score (if you are an international student).
    • After your application has been up-loaded into the student database by the Graduate School, you will be able to track your progress through the admission process via the self-service area of MyNIU. Any outstanding documents which are necessary to process your application will be on your "To Do List" on your MyNIU page.

      MyNIU will ask for a NIU Z-ID and a password. If you do not have a Z-ID, you need to go to http://www.newstudents. Niu.edu/its/audience/newstudents.shtml for obtaining your login information. To check your admission status go to http://www.niu.edu/myniu/.

When is the latest I can decide to apply to the MAS?

The Graduate School deadline for each term is the latest that you can apply. We begin to review applications once the Accountancy Department's recommended deadline has passed. You should apply by the accounting application deadline date to have the best chance of acceptance into the program.


When will I know if I'm admitted?

After the Graduate School has received and processed all of your documents, it will send a decision sheet to Rowene Linden. The department's admission committee meets after the department deadline and considers all complete applications for admission. The decisions are sent back to the Graduate School, which then will send you a letter indicating the decision. The Department of Accountancy will also send you a letter of acceptance to the MAS program within 6 weeks of the department deadline.


Admission Term
Accountancy Department
Admission Decision
Graduate School Admission
Decision Sent to Student
SummerMid-FebruaryBeginning of March
FallMid-AprilBeginning of May
SpringBeginning of OctoberEnd of October

Where do I get an application for Graduate School?

Applications may be obtained online at www.grad.niu.edu/apply or via email (type "application request" in the subject line).


Where do I get information about the GMAT?

Office of Testing Services, 128 Adams Hall or see the Department of Accountancy in BH 345.


How do I register for the GMAT?

You may register for the GMAT by phone (1-866-706-0403), mail, or web site www.gmac.com. The GMAT is a computer-adaptive test that is available, year-round, at test centers throughout the United States. The fee is $250. It is possible to schedule your test within a few days of registering, but popular dates (weekends, especially) book quickly. Consider admission deadlines, then call early to increase your chances of getting your preferred test date at the center most convenient to you. Check the web site for specific locations.


When should I take the GMAT?

Since the GMAT does not test you on your accounting and business knowledge, you should take the GMAT at least seven to twelve months before the start of Graduate School. By taking the exam early, you will have time to retake the exam if necessary. GMAT requires you to wait one month between test dates. If you take the test more than once, your highest score will be used. Note that a score of at least 475 does not guarantee admission into the M.A.S. program.


Should I take a review course for the GMAT?

Whether to take a review course or not is up to you. You can purchase review manuals, such as Kaplan and Princeton. These manuals contain CDs that provide you with a simulated exam.


What does early admission to Graduate School mean? Can I take two undergraduate courses and one graduate course during the summer?

When an NIU undergraduate student has only one or two courses to complete for the B.S. degree, the student may also take graduate courses during the same semester if he or she has been admitted to the Graduate School. See Rowene Linden if you wish further details of how this would fit into your academic program.


Scheduling

Where will the program be offered?

The MAS program will be offered in DeKalb.


Will all courses be in DeKalb?

All Accountancy courses will be offered in DeKalb. It is possible that one or more of the three business electives may need to be taken at an off-campus location if courses in DeKalb are full. There is an additional off-campus fee added to tuition for off-campus courses.


When are courses going to be offered?

Most classes are offered during the day, while a few are offered early evening.


Can I start the program at any term?

Yes.


Can I go part-time at NIU?

Yes, see Rowene Linden to discuss further.


Can I take 15 hours in the fall and 15 hours in the spring and be done?

Taking 15 hours in a fall or spring semester is not recommended. A normal course load for a fall or spring semester is 12 hours, and a normal course load for summer is 6 hours. You should consult with Rowene Linden if you plan to take more than a normal load.


Can I work and go to school full time?

A full-time master's program is very challenging and we recommend you do not work.


Curriculum

How does the MAS program differ from a baccalaureate program?

The MAS program at Northern Illinois University is a challenging program which prepares students for successful careers in professional accounting. Our graduate faculty are dedicated to insuring that your experience at NIU will help you to develop the technical and career skills to be successful in today's complex business environment. Success in this program requires a higher level of commitment than that needed to be successful in our undergraduate degree program.


What 400-level Accountancy electives should I take as an NIU undergraduate?

You should definitely take ACCY 480, Governmental and Not-For-Profit Accounting if you plan to sit for the CPA exam. If you are interested in Internal Audit, you should take ACCY 462. If you are interested in Forensic Accounting/Fraud Examination, you should take ACCY 465. Otherwise, you should take ACCY 421, Advanced Cost Management. Students pursuing the MAS Taxation area of study may choose ACCY 433, Financial Reporting III.


What if I don't take the suggested Advanced Accountancy electives my undergraduate advisor has suggested?

If you take ACCY 433 (Financial Reporting III) as an undergraduate advanced Accountancy elective, then you will need to substitute another graduate course for ACCY 633. The department cannot guarantee that substitute courses will be offered each semester or when you will need them to complete your MAS degree in a timely fashion.

Area of Study Required Elective Courses
Financial Reporting and Assurance A633  
Managerial Accounting Systems A633 (Not required) A633 (Not a choice)
Taxation A633 (Not required) A633

Where do the areas of study come into play in this program? When do I need to know which area I want to do?

Students can select from the financial reporting and assurance, managerial accounting systems or taxation areas of study. You should contact Rowene Linden if you need any assistance in selecting an area of study.


How does the taxation area of study differ from financial reporting and assurance area of study?

In the taxation area of study, four of the seven Accountancy classes will be tax classes.


Can I do the Master of Science in Taxation (MST) program instead?

The MST program will meet the 150-hour requirement. However, it will not provide you with some of the classes you will need for the CPA exam.


What if I want to eventually do the MST program? Should I do financial reporting or taxation area of study in the MAS program?

You can do either. If you do the tax area of study, nine hours of the tax classes can also count towards the MST degree.


Will an M.B.A. meet the 150-hour requirement?

Yes. However, the M.B.A. program is only offered at Hoffman, and Naperville sites, and all courses are in the evening. The M.B.A. program is not set-up to accommodate spring internships.


Internship

What are the MAS internship criteria? Are there requirements beyond the undergraduate criteria?

If a student with a NIU undergraduate Accountancy degree is admitted to the MAS program, you also meet the MAS internship criteria. For other students the completion of college and department Phase One requirements is needed. Questions about internships should be directed to Tamara Phelan (815-753-6208).


What if I don't want to do an internship? Can I take 12 hours in the spring term? What course would I take instead of the internship in the spring?

A graduate internship is not required for the MAS program. You may take 12 hours during the spring if you are not in an internship. Other Accountancy electives will be offered for students who do not have an internship. However, you should consider that many full-time job opportunities result from internships.


What if I don't get an internship?

Internships are not guaranteed. Internship offers are made by the company/firm through the internship interview process.


Can I get my own internship and turn it into an Accountancy internship for graduate credit?

Yes, see Tamara Phelan for details.


Can I do my graduate internship during the summer between the spring BS program and the fall MAS program?

Yes, most public accounting firm internships will be during the spring term. Most corporate firms will continue to offer internships in the summer. You must be accepted by the Graduate School in order to enroll in the academic graduate internship, ACCY 673.


When will graduate internship interviews be? Is the process the same as it was for undergraduates?

The internship interviewing process begins with a mandatory meeting in September. Please contact Tamara Phelan (815) 753-6208 or email tphelan@niu.edu) for more information.


If I've had an internship experience as an undergraduate, do I have to go to the fall internship meeting?

In the fall, there will be separate required meetings; one for students who have not attended a previous internship informational meeting and one for those students who participated in the internship interview process previously.


CPA

Is the CPA Review part of the Masters Program?

No.


Will the CPA Review course coordinate in time scheduling with taking MAS courses?

Yes.


Who do I talk to about where and when the review courses are offered?

Debra Hopkins is Director of the NIU CPA Review courses. She may be reached at 815-753-6207. Please visit the CPA Review website at www.cpareview.niu.edu/.


Can I take the CPA exam once I have earned 150 hours, even if I have not completed the MAS program?

Yes.


Will I have all the courses I need to successfully complete the CPA exam at the beginning of the MAS program?

No.


Monetary Information

What is the cost of the MAS program?

While the NIU Department of Accountancy has a national reputation for quality and excellence, the program is reasonably priced. The NIU tuition and fee schedule may be reviewed at www.niu.edu/bursar/tuition/graduate.shtml.

For 2008-2009 there is an additional $525 (per 3 hour course) MAS fee for all courses except Phase I business and accountancy core requirements. A general cost summary is provided below:

2008-20091
DeKalb Campus
(Totals Without Health Insurance)
(In State)
Phase One Cost

Tuition
General Fees
Technology Surcharge (7 hours or more)
 

$254.00 per hour
 $66.00 per hour
$100.00 per semester
Phase Two Course Cost

Tution
General Fees
M.A.S. Program Fee
Technology Surcharge (7 hours or more)
 

$254.00 per hour
 $66.00 per hour
$175.00 per hour
$100.00 per semester

Major medical insurance is an additional $350.00 per semester if you are enrolled in 9 or more credit hours.

1 All amounts are rounded. Tuition and fees are subject to change by the Board of Trustees at any time without notice. Program cost does not include textbook, ancillary expenses, and specific course fees.


Are there department scholarships for MAS students?

Yes. We hope to increase the number in the future.


If I want to be a Graduate Assistant, what does it pay, what does it entail, and how does it affect my schedule? How many min/max hours can I take?

Please see Rowene Linden for further information. During FY2009, graduate assistants will be paid $804 per month plus a tuition waiver (fees must still be paid by the student). A Graduate Assistant must take at least 9 semester hours during the fall and spring terms. Summer graduate assistantships are rare. If you have a graduate assistantship in summer, you must take 6 semester hours in summer.


When will I know if a company will be paying for my 5th year?

Depends on the firm, but generally by the end of your senior year.


If a firm/corporation offers to pay for my fifth year, does this guarantee my admission to the MAS program?

No, you must meet the MAS admission criteria.


I didn't get an internship during the undergraduate program; does that mean external financial support is not available for me?

No, interviewing for graduate internships will be in the week following finals in December of your senior year.


Other

When do I interview for a job if I'm a MAS student?

The process is the same as for undergraduate students. Career Services brings many companies and firms to campus that are looking specifically for Accountancy majors. The initial interviews take place on campus and in the past few years, have been scheduled at the end of September. Companies/firms are looking to hire December, May and August (of the following year) graduates. You will want to have your resume ready because Career Services has a campus interviewing orientation meeting as soon as school begins in August. At this meeting, the Campus Recruiting Coordinator will inform you about the process that needs to be completed to register for and to participate in campus interviews. There is also a university-wide Job Fair in the spring. Log on to www.niu.edu/CareerServices for more information about campus interviews.


Do I need to apply for graduation?

Yes, the Graduate School has definite deadlines to apply for graduation and to attend commencement ceremonies.

Graduation Date
Deadline to Apply
 
MayNovember 1 
AugustApril 1Summer grads who wish to attend the spring ceremony need to apply for graduation by November 1.
DecemberJuly 7 

You must get a graduation application from Rowene Linden. The graduation application plus a $30 fee must be submitted to the Graduate School by the deadline. If you do not graduate the term you declared, you must submit a "Reactivation Application for a Degree" form with the Graduate School. See Rowene Linden for this form.