Master of Accounting (MAcc)

Frequently asked questions

• How much does Master of Accounting (MAcc) cost?

  CAD 75,408 / year.

• What English score does it need?

  Step 1 - Apply: submit your transcript, statement of interest, and two academic references (plus English proficiency if required). Step 2 - Review: applications are evaluated holistically, with emphasis on readiness for advanced professional contribution. Step 3 - Decision. Step 4 - Begin. Waterloo directs students entering the MAcc in Winter 2027 to the admission requirements in the University of Waterloo Academic Calendar. · English test waiver: Exempt from submitting an ELP test score if any one applies: three or more years of post-secondary education at a Canadian institution or university; a completed graduate degree at a Canadian university; three or more years of post-secondary education or a completed graduate degree in an exempt country (list includes Australia, Ireland, New Zealand, Nigeria, Singapore, South Africa, UK, USA and others); at least three years' employment in a position where English was the language of business in a listed country; or three or more years of post-secondary education / a graduate degree at a university where English is the only language of instruction per the IAU WHED (this WHED exemption expires two years after graduation). Letters from a university stating the medium of instruction is English do NOT satisfy the requirement. Source: https://uwaterloo.ca/future-graduate-students/admissions/admission-and-english-language-proficiency-requirements · Application fee: CAD 150.00 per program, non-refundable (Graduate Studies Applicant Portal)

• How long is it?

  8 courses. 8 months., as listed by the university.

• What are the entry requirements?

  Step 1 - Apply: submit your transcript, statement of interest, and two academic references (plus English proficiency if required). Step 2 - Review: applications are evaluated holistically, with emphasis on readiness for advanced professional contribution. Step 3 - Decision. Step 4 - Begin. Waterloo directs students entering the MAcc in Winter 2027 to the admission requirements in the University of Waterloo Academic Calendar. · English test waiver: Exempt from submitting an ELP test score if any one applies: three or more years of post-secondary education at a Canadian institution or university; a completed graduate degree at a Canadian university; three or more years of post-secondary education or a completed graduate degree in an exempt country (list includes Australia, Ireland, New Zealand, Nigeria, Singapore, South Africa, UK, USA and others); at least three years' employment in a position where English was the language of business in a listed country; or three or more years of post-secondary education / a graduate degree at a university where English is the only language of instruction per the IAU WHED (this WHED exemption expires two years after graduation). Letters from a university stating the medium of instruction is English do NOT satisfy the requirement. Source: https://uwaterloo.ca/future-graduate-students/admissions/admission-and-english-language-proficiency-requirements · Application fee: CAD 150.00 per program, non-refundable (Graduate Studies Applicant Portal)

• Is there a scholarship?

  Course-based (coursework) program. Waterloo publishes that course-based programs "are typically self-funded, which means that you are expected to cover the costs of tuition and incidental fees associated with your program throughout the duration of your studies", that "some course-based programs offer entrance awards of varying value for full-time students based on academic merit and achievement" and that others "offer paid co-op or internship opportunities" - check with the program. Waterloo's guaranteed minimum funding, the International Master's Award of Excellence (IMAE - awarded to international master's students "normally entering a research-based graduate program") and the International Doctoral Student Award (IDSA - doctoral) are scoped to research-based programs. University-wide award open to course-based students: the Ontario Graduate Scholarship (OGS), CAD 5,000 per term to a maximum of CAD 15,000 - Waterloo states "OGS awards are open to applicants in all disciplines of academic study (research-based AND course-based programs)", but for the international competition "prospective graduate students are not eligible to apply and must be current graduate students" View scholarship page