M.P.Ac. in Professional Accountancy

The Master of Professional Accountancy provides relevant accounting education for those with an undergraduate major in accounting who plan to take the C.P.A. examination and be licensed in Rhode Island, or any state requiring five years of education for the C.P.A. license.

The M.P.Ac. program also prepares individuals for careers in personal financial planning and can be custom designed to meet a variety of career and professional goals.

Our graduates are well grounded in all aspects of personal financial planning, including income tax and estate planning, retirement planning, investment allocation, and risk management.

Our program is a CFP Board-Registered Program - Outside Linkhttp://www.cfp.net.

For information contact M.P.Ac. Program Director

Lisa Church
Associate Professor
Alger Hall 204
(401) 456-9593
(401) 456-8036
lchurch@ric.edu

Learning Objectives

  • Graduates will be well grounded in all aspects of personal financial planning, including income tax and estate planning, retirement planning, investment allocation and risk management
  • Graduates will have the ability to perform basic research on tax planning issues.
  • Graduates will have the ability to prepare a comprehensive personal financial plan for an individual.

Admission Requirements

  1. Completed application form accompanied by a fifty-dollar nonrefundable application fee.
  2. A bachelor's degree from an accredited college or university.
  3. Two courses in principles of accounting or equivalent.
  4. Official transcripts of all undergraduate and graduate records.
  5. Completion of the Graduate Management Admissions Test (GMAT), unless the applicant is a CPA or has passed a state bar examination. Applicants will also be exempt from the GMAT if they have earned a B.S. degree in accounting from Rhode Island College or the University of Rhode Island, with a 3.00 grade point average in the major.

Students must complete 18 credit hours (six courses) in foundations and 12 credit hours (four courses) of graduate electives. Only 9 credit hours may be at the 400-level. Accounting 661 is a requirement for all students.

Course Requirements for M.P.Ac. in Professional Accountancy

M.P.Ac. in Professional Accountancy With Concentration in Personal Financial Planning

Course No. Course Title Credits

Foundations Component

ACCT 661Financial Planning Capstone Course3
Five courses from
ACCT 553Fundamentals of Financial Planning3
ACCT 543Personal Income Tax Planning3
ACCT 554Estate Planning3
ACCT 555Retirement Planning and Employee Benefits3
FIN 432Theory of Investment3
FIN 559Insurance Planning and Risk Management3

Electives

Six credit hours of courses at the graduate level in accounting appropriate to career plans6
Six credit hours of courses at the graduate level appropriate to course of study6

Total Credit Hours

30

Certified Financial Planner Board of Standards, Inc. owns the trademarks CFP®, Certified Financial Planner™ and Picture (Device Independent Bitmap) certification marks in the U.S., which it awards to individual who successfully complete CFP Board’s initial and ongoing certification requirements.

Rhode Island College does not certify individuals to use the CFP®, Certified Financial Planner™ and Picture (Device Independent Bitmap) certification marks. CFP® certification is granted solely by Certified Financial Planner Board of Standards, Inc. to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience and examination requirements.

Page last updated: September 12, 2013