2019 – 2020 Masters Programs
Schulich School of Business
MAcc Master of Accounting
Earn the credentials you need for the career you want, with a highly specialized Masters program.
MAcc
MASTER OF ACCOUNTING
Position yourself for a challenging career in accounting with the CPA-Accredited MAcc, an intensive program that prepares graduates to write the Common Final Examination upon graduation.
ADDITIONAL MASTERS PROGRAMS AT SCHULICH
MBAN
MMKG
Become an expert in the booming field of Big Data and gain a competitive advantage by earning a SAS™ certification.
Equip yourself for the dynamic world of marketing as you master state-of-the-art tools and grow your literacy in analytics, advertising and consumer behaviour.
MASTER OF BUSINESS ANALYTICS
MF
MASTER OF FINANCE
Gain access to a career in investment banking, risk or asset management and cover a significant portion of the CFA body of knowledge.
MMAI
MASTER OF MANAGEMENT IN ARTIFICIAL INTELLIGENCE
Learn to develop, evaluate, refine and implement AI-related applications and technologies for business.
MMgt
MASTER OF MANAGEMENT
Build your knowledge of the major disciplines of management with this unique program designed for high-achieving graduates from non-business backgrounds.
MASTER OF MARKETING
MREI
MASTER OF REAL ESTATE & INFRASTRUCTURE Build your career on a solid foundation with this specialized program for leaders, entrepreneurs and city builders in both real estate and infrastructure.
MSCM
MASTER OF SUPPLY CHAIN MANAGEMENT Develop the analytical and managerial skills needed to design creative supply chain solutions in this rigorous, experiential program offered both full- or part-time. On the cover: Alpha Sow (MAcc ’17) Junior Associate, PwC Co-Founder, SendAlong
MESSAGE FROM THE DEAN
Shape Your Future
The global business landscape is hyper-competitive, turbulent and complex. Managing effectively requires a global mindset and multi-stakeholder thinking that tackles the social, economic and environmental challenges facing business today. It also requires the ability to explore a problem from multiple perspectives, to reframe it, and push through to actionable solutions. At the Schulich School of Business, we have developed eight distinct specialized Masters programs that will equip you to thrive in this new business paradigm – one that our School illustrated in the groundbreaking book Re-Imagining Capitalism published in collaboration with McKinsey & Company. Our Masters degrees are designed to deliver in-depth functional and industry knowledge, strengthen your technical expertise and give you a clearly defined career advantage. Gain hands-on experience at one of our cutting-edge labs and research hubs at our new Rob and Cheryl McEwen Graduate Study & Research Building. The building is home to our Centres of Excellence where we are global leaders in industries of the future, including business analytics, infrastructure and artificial intelligence. Chart a course to achieve your career objectives with a Schulich 12-month Masters degree.
Dezsö J. Horváth, PhD, CM Dean & Tanna H. Schulich Chair in Strategic Management Schulich School of Business
Canada’s Top-Ranked Business School Global Reach. Innovative Programs. Diverse Perspectives. Schulich MBA: #1 IN CANADA ( Forbes, CNN Expansión, Corporate Knights, América Economía) #3 IN THE WORLD (Corporate Knights) Kellogg-Schulich Executive MBA: #1 IN CANADA (Financial Times, The Economist, QS TopMBA) #6 IN THE WORLD (QS TopMBA) #8 IN THE WORLD (The Economist)
Global Reach. Innovative Programs. Diverse Perspectives.
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Master of Accounting (MAcc)
Benefit from a unique Masters program accredited by the Chartered Professional Accountants (CPA) of Ontario and designed for graduates of liberal arts, science and business programs. MULTIPLE PATHWAYS Depending on your academic background, the Schulich MAcc offers three distinct entry points, preparing you for success in the complex field of accounting while fast-tracking you through CPA Ontario’s Professional Education Program (PEP). The Diploma in Intermediate Accounting (DIAc) provides non-business graduates as well as individuals that have graduated from non-Canadian institutions with the prerequisites required to stream seamlessly into the MAcc. Business graduates from CPA-Accredited programs and Canadian business degrees begin the MAcc in Term 1. Schulich i/BBA graduates from the CPA stream may start the MAcc in Term 2 of the program. Applicants who are registered with CPA and are in the process of completing the Professional Education Program (PEP) may be eligible for advanced standing. GAIN THE OPPORTUNITY TO WRITE THE COMMON FINAL EXAMINATION (CFE) UPON GRADUATION Participate in meaningful dialogue with highly engaged instructors about relevant, real-world accounting applications. With a focus on case-based integrative learning, the broad curriculum will help you to accomplish two important objectives.
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First, you will master key accounting functions and hone the ability to make decisions within legal, financial, regulatory
FULL-TIME
and ethical frameworks. Second, you will deepen your expertise in tax and assurance, preparing you for the Common Final Examination (CFE). To support and accommodate working professionals, Term 3 is offered on evenings and weekends to prepare you with the final tools you need to successfully complete the CFE and accelerate your career. CAREER OPPORTUNITIES Beyond the classroom, you’ll find opportunities to continue expanding your connections as you meet industry leaders at co-curricular and career networking events. MAcc graduates are highly marketable post-degree, with over 90% of students
START DATE OPTIONS
May – Term 0 (DIAc)* Graduates from non-business degrees or institutions outside of Canada
8 months September – Term 1 (MAcc) Business/Commerce Graduates from a Canadian Institution
12 months May – Term 2 (MAcc) Schulich i/BBA Graduates CPA-Accredited Stream
8 months ACCREDITATION
hired within three months of graduation, based on previous cohort data. Top firms from both the private and the public accounting sector hire Schulich MAcc graduates in a variety of functions, including financial accounting, cost accounting, tax planning, estate planning and auditing. The MAcc could lead you to an exciting career in an organization such as KPMG, CIBC, PwC, Citco, or EY.
Schulich School of Business | Master of Accounting (MAcc) 2019 – 2020
Accredited by CPA Ontario, MAcc graduates are eligible to write the Common Final Examination (CFE) upon completion of the program. * The DIAc program is not CPA Accredited.
“ The Master of Accounting helped me to develop the skill set and connections necessary to pursue the CPA designation and advance my career.” FAGHYA SHAFIQ (BBA ’16, MAcc ’17) CFE Gold Medal Winner Senior, EY
View Faghya’s story: schulich.yorku.ca/faghyas-story
PROFESSOR MARCIA ANNISETTE BSc Hons (West Indies); MSc (UMIST); PhD (Manchester); FCCA (UK); CPA, CGA
Director, Master of Accounting Program Associate Dean, Students, Student Services and International Relations Associate Professor, Accounting Teaches: • Financial Accounting Fundamentals “Professor Annisette is one of the greatest professors I have met at Schulich. She helped shape my strong passion for accounting in my first class of the MAcc. Her continuous support and guidance through both the academic program and the transition to my career have provided me with an excellent grounding in business and accounting in the workplace.” MICKY ZHANG (MAcc ’14) Global Reach. Innovative Programs. Diverse Perspectives.
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MASTER OF ACCOUNTING (MAcc)
YOUR MAcc JOURNEY DIPLOMA IN INTERMEDIATE ACCOUNTING (DIAc) WHICH TERM DO I APPLY FOR?
TERM 0
I have a University Degree from a non-Canadian Institution
BEGIN HERE
Business Degree from a Non CPA-Accredited Program: Apply to the Diploma in Intermediate Accounting (Term 0)
• Intermediate Financial Accounting I Orientation
Non-Business Degree: Apply to the Diploma in Intermediate Accounting (Term 0)
BEGIN HERE
I have a Canadian University Degree ACADEMIC TRACK
• Management Accounting Fundamentals
BEGIN HERE
Apply to the Diploma in Intermediate Accounting (Term 0)
• Financial Accounting Fundamentals
• Management Information Systems PLUS: • Managerial Finance OR: • Business Administration & The Law
Business Degree from a CPA-Accredited Program: Apply for Term 1 Entry to the Master of Accounting
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Introduction to the Career Development Centre
Schulich School of Business | Master of Accounting (MAcc) 2019 – 2020
Professional Development Activities
CAREER TRACK
CPA TRACK
CPA-Accredited Business Degree from the Schulich School of Business (Accounting Specialization): Apply for Term 2 Entry to the Master of Accounting
The Master of Accounting is a professional degree program designed to develop students’ academic and intellectual abilities in all fields of professional accountancy. Successful graduates will have acquired in-depth knowledge in all of the sub-disciplines that constitute the broad field of accounting and will have also deepened their expertise in assurance and tax. Successful completion of the MAcc allows students to sit for the Common Final Examination (CFE) after graduation.
DIPLOMA IN INTERMEDIATE ACCOUNTING (DIAc)
MASTER OF ACCOUNTING (MAcc) TERM 2*
TERM 3
• Intermediate Financial Accounting II
• Integrative Case Analysis for Accountants
• Advanced Integrative Case Analysis
• Advanced Management Accounting
• Advanced Income Taxation (Students continuing from Term 1)
• Integrative Case Analysis: The Capstone
• Auditing Standards & Applications
• Integrative Tax: Case & Analysis
• Advanced Financial Accounting
• Introduction to Income Taxation
• Strategic Leadership Planning & Case Analysis
• Advanced Auditing
• Multi-Competency Case Analysis for Accountants
• Managerial Tax Planning
• Complex Financial Reporting Issues
• Complex Financial Reporting Issues (Direct-entry Term 2 students only)
BEGIN HERE
BEGIN HERE
• Financial Reporting & Analysis
Graduation: October Convocation
TERM 1
THE SCHULICH MAcc FOLLOWS THE CPA CERTIFICATION PROGRAM PATHWAY Schulich serves as a liaison between you and CPA Ontario to facilitate registration and confirm your completion of the program
On-campus recruiting
Common Final Examination**
Just-in-time recruiting
Career coaching, networking events, alumni mentorship
* Students who are directly admitted to Term 2 can exit before the start of Term 3 and receive a Diploma in Advanced Accounting (DAAc). Graduates of this diploma can continue with CPA Ontario to complete Capstone 1 and 2. ** Students who complete the MAcc are eligible to write the Common Final Exam (CFE).
Global Reach. Innovative Programs. Diverse Perspectives.
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Student Life Make Life-Changing Connections
Build lasting memories as part of an engaged and diverse student community. Develop your strengths, skills and interests with a host of exciting co-curricular activities.
Participate in Case Competitions Strengthen your presentation skills and master the case method with opportunities to compete in events such as the Hult Prize, Harvard Global Case Competition, and more.
Schulich students compete in a national case competition.
Discover New Interests and Passions Choose from over 25 student-run clubs and organizations. Network and grow within the professional accountancy industry with the Schulich Accounting Association, or diversify your focus by joining other clubs based on a region, culture, industry or topic of interest. Students connect with alumni at a Speed Mentoring event.
Enjoy New Social Activities Join a tightly knit group of students and connect through sports, pub nights and community engagement. Schulich brings you a world of opportunity to expand your interests with students from an array of different backgrounds and regions. Students participate in team activities at Schulympics.
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Schulich School of Business | Master of Accounting (MAcc) 2019 – 2020
Our Landmark Expansion The Rob and Cheryl McEwen Graduate Study & Research Building
Designed for Schulich graduate students, the McEwen building encourages interdisciplinary research in fields ranging from business ethics and big data, to real estate and infrastructure, and global enterprise. A NEW HOME FOR LEARNING AND INNOVATION
ALL ABOUT THE FUTURE
The new 67,000 square-foot Rob and Cheryl McEwen
Its unique technological and design features make the
Graduate Study & Research Building provides a variety of unique environments for learning, interaction, teamwork and innovation.
Rob and Cheryl McEwen Graduate Study & Research Building one of the most environmentally sustainable and socially responsible buildings in North America.
A HUB FOR COLLABORATION AND RESEARCH
Features include:
In addition to being an interdisciplinary space for Schulich’s newest academic programs and research facilities, the building is home to the Deloitte Cognitive Analytics & Visualization Lab, as well as Schulich’s
840 m2
27m
of planted green roof area
natural ventilation system driven by the glass solar chimney
Centres of Excellence, including the Centre of Excellence in Responsible Business, the Centre for Global Enterprise, and the Brookfield Centre in Real Estate and Infrastructure. A STUDENT-CENTRED SPACE
Energy use intensity
Students benefit from a variety of unique spaces to study, work and connect, including a graduate lounge, private group meeting rooms equipped with flat-screen monitors, research labs and a media production centre.
71.4% BELOW THE MODEL NATIONAL ENERGY CODE OF CANADA
7,500 m2 of new landscaped open area, including 3,800 m2 of planted green space
RAINWATER RECAPTURE SYSTEM for green roof irrigation
Global Reach. Innovative Programs. Diverse Perspectives.
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Career Development Shape Your Success
The Schulich Career Development Centre (CDC) offers a wealth of innovative programs and resources to help you accelerate your career and facilitate employment opportunities. Benefit from a variety of resources that have resulted in consistently high placement rates for graduating students.
Career Coaching & Workshops
Corporate Recruitment Events
Our CDC Advisors are certified career coaches who work closely to help you identify your strengths, determine career objectives and develop a tailored plan. Work together through a series of skill-enhancing workshops designed to train you in foundational career search tactics.
Connect with companies at industry events such as Schulich’s annual Accounting Mixer. Meet employers such as KPMG, TD Bank, RBC, Scotiabank, Moneris, BMO, PwC, EY, and Deloitte to learn about career opportunities in their organizations.
MAcc Advising Program Our customized industry advising program is designed to help you navigate a career in Professional Accountancy. Enjoy 1-on-1 training, advice from industry leaders, and the opportunity to network with alumni and hiring managers.
Just-in-Time Recruiting Access job and internship postings from companies around the globe, for roles such as Staff Accountant, CPA Audit, CPA Assurance and CPA Tax.
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Schulich School of Business | Master of Accounting (MAcc) 2019 – 2020
“ I chose the MAcc program to help me earn my CPA designation, and I got more than I ever expected. The preparation and support to write the CFE has been tremendous, with amazing and very knowledgeable instructors guiding me.” ESTHER TAIWO (MAcc Candidate ’19) Associate, McGovern Hurley LLP
Global Reach. Innovative Programs. Diverse Perspectives.
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Schulich Global Alumni Network Notable Alumni are Leading by Example
When you graduate from Schulich, you become part of one of the largest business alumni networks in Canada. Here’s a brief look at the scope of the Schulich alumni network and a sampling of those who are leading by example. Connect and benefit from access to the Schulich Global Alumni Network
UPON GRADUATION, JOIN A GLOBAL NETWORK OF OVER
31,000
90
active alumni in
As a student, participate in the
countries
Enjoy exclusive access to Schulich’s Alumni Online Community, which includes
SCHULICH ALUMNI MENTORSHIP PROGRAM
93
or engage with alumni at events and conferences to gain key insights into the industries and careers that you’re passionate about.
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Colleen M. Johnston (BBA ’82, Hon LLD ’18, FCPA, FCA) Corporate Director Retired Executive, TD Bank Group Member, Dean’s Advisory Council
global alumni chapters in
countries
Take advantage of life-long professional development activities, career management resources, and alumni events.
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Schulich School of Business | Master of Accounting (MAcc) 2019 – 2020
Michael S. Rousseau (BBA ’81, FCPA, FCA) Deputy Chief Executive Officer & CFO Air Canada Member, Dean’s Advisory Council
Diversity. Community. Opportunity. Build a Life and a Career
Feel at Home in Canada
The Toronto Advantage
51%
of Toronto’s population was born outside of Canada
CAD $ 332 billion economy Ranks among the
TOP TEN MOST LIVABLE CITIES IN THE WORLD Economist Intelligence Unit, 2018
Ranked in the
TOP 5
nd
2 LARGEST Financial centre in North America
Access the city’s vibrant downtown core in just
30 MINUTES BY SUBWAY
Our campus is enriched by international students from over
44
DIFFERENT COUNTRIES
Plan Your Life, Post-Degree Come to Schulich for your Masters degree and have the option to launch either an international career, or stay in Canada to build a life and career through favourable immigration pathways. Attend sessions on work permits and permanent residence options, or book individualized advising with Schulich’s International Student Support Specialist.
cities in the world to do business
International Student Support Schulich provides in-house programs, services, and immigration support to help international students navigate the transition to Canada and plan for the future. Benefit from a pre-arrival webinar, buddy programs, English Language Peer Support, and New to Canada Orientation.
Source (unless specifically indicated): Toronto Global
Global Reach. Innovative Programs. Diverse Perspectives.
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Admission Requirements What’s Required to Begin Your Journey REQUIREMENTS
GPA
DIAc
Diploma in Intermediate Accounting
MAcc
Master of Accounting
B Microeconomics, Macroeconomics, Statistics, Finance, Canadian Business Law, Intro to Financial Accounting, Introduction to Management Accounting, Intermediate Financial Accounting and Information Systems
PREREQUISITE COURSES IN HONOURS PROGRAM
Microeconomics, Macroeconomics, Statistics, Canadian Business Law or Finance
GMAT/GRE
GMAT or GRE
ESSAYS
2 video, 2 written, 1 timed written
REFERENCE LETTERS
2 reference letters
WORK EXPERIENCE
Recommended but not required
1
2
PROOF OF STUDY COMPLETED IN ENGLISH:
2 years minimum (must be full-time study) at an accredited university in a country (or institution) where English is the official language of instruction
LANGUAGE PROFICIENCY*
* Applicants must produce proof of language proficiency in one of the three ways listed.
ADMISSIONS DEADLINES
IELTS (ACADEMIC TEST):
7.0 (minimum 6.5 on each dimension) TOEFL:
100 (minimum 23 on each dimension)
MAY 2020 ENTRY (Term 0: DIAc)
SEPTEMBER 2020 ENTRY (Term 1)
MAY 2020 ENTRY (Term 2)
Graduates from non-business degrees or institutions outside of Canada
Business/Commerce Graduates from a Canadian Institution
Schulich i/BBA CPA stream only
Round Round Round Round
Round Round Round Round
1: Aug. 16, 2019 2*: Oct. 16, 2019 3: Nov. 30, 2019 4**: Feb. 14, 2020
1: Nov. 15, 2019 2*: Jan. 15, 2020 3: Mar. 12, 2020 4**: Apr. 30, 2020
Round 1*: Jan. 10, 2020 Round 2**: Feb. 28, 2020
View MAcc Journey Map on pages 4–5 to determine Term of entry. * International students are strongly encouraged to apply by Round 2 to allow for sufficient study permit processing time. ** Late applications may be accepted pending space availability.
One academic reference is recommended. Work experience is not required, but is recommended and considered for admission. For applicants holding a 3-year degree, one year of full-time, post-graduate work experience is required.
1 2
Note: Schulich i/BBA students/graduates with an accounting specialization, applicants with an accounting specialization from CPA accredited business programs, registered CPA students who have completed Core 2 of the PEP and ACCA members with a Canadian degree may be eligible for admission to Term 2 of the MAcc.
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Schulich School of Business | Master of Accounting (MAcc) 2019 – 2020
Tuition Fees Figures are based on the currently approved fee framework. Fees listed below include tuition and essential supplementary fees. For details on student health plans and non-essential fees, visit the York Student Financial Services website: sfs.yorku.ca/fees. Fees are subject to change. All fees are in Canadian dollars (CAD)
MAcc DIAc
TUITION PER TERM*
DOMESTIC STUDENTS
INTERNATIONAL STUDENTS
Canadian Citizen or Permanent Resident
Visa/Study Permit
$ 8,901
$ 17,947
* Total program length is dependent on entry point.
Cost of Living LIVING EXPENSES IN TORONTO 1 (1 Term = 4 months) Books /Course Materials
$
750
Rent (on campus) 2
$ 5,000
Food
$ 1,500
Personal Expenses
$ 1,000
Health Insurance: UHIP (international students only) 3 GSA 3
$ 210 $ 160
APPROXIMATE COST PER TERM
$
8,620 4
Figures are approximations and intended only as a budget guide for students studying full-time. Costs are listed in Canadian dollars. Off-campus housing varies in price from $500 – $ 1,200 per month depending on the location and options. For on-campus accommodation visit: yorku.ca/stuhouse. 3 Participation in the University Health Insurance Plan (UHIP) is mandatory only for international students while in Toronto. The Graduate Student Association (GSA) plan is for dental and drug coverage (mandatory for all domestic and international full-time students unless student has alternative coverage). Coverage for spouse/family is available. Health/Drug/Dental plan rates are subject to change. 4 Subtract UHIP cost for domestic student total. 1 2
Financial Aid We welcome the opportunity to discuss ways to finance your education and the return on investment our programs offer. Send us an email at: finaid@schulich.yorku.ca or visit: schulich.yorku.ca/financial-aid. LINE OF CREDIT FOR DOMESTIC STUDENTS Visit schulich.yorku.ca/financial-aid/loans for a list of partnered banks and preferred rates for domestic students in professional programs. LOAN PROGRAMS To learn more about funding opportunities for domestic and international students, please visit: schulich.yorku.ca/financial-aid/loans.
ADDITIONAL FINANCIAL AID • Support for case competitions • Partnerships with:
Schulich Masters Programs provide students with the technical skills and career preparation they need to pursue dynamic roles across a broad spectrum of industries. schulich.yorku.ca
LEARN MORE ABOUT THE SCHULICH EXPERIENCE 1. Visit us online: schulich.yorku.ca 2. Join us for an on-campus event or online information session. Register at: schulich.yorku.ca/events 3. Meet one-on-one with our admissions team, in person, on the road or online to discuss your profile. Register at: schulich.yorku.ca/grad-inquiry
SCHULICH SCHOOL OF BUSINESS Seymour Schulich Building Rob and Cheryl McEwen Graduate Study & Research Building York University, 4700 Keele Street Toronto, Ontario, Canada M3J 1P3
CONNECT WITH US Learn about us at: schulich.yorku.ca Follow us on Twitter: @SchulichSchool Watch us on YouTube: youtube.com/user/SchulichSchool Connect with us on LinkedIn: linkedin.com/company/schulichbusiness Like us on Facebook: facebook.com/SchulichSchool Email us at: admissions@schulich.yorku.ca
Global Reach. Innovative Programs. Diverse Perspectives.
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