Master of Arts in Accounting

Accounting major student studying with a tablet and notebook while seated at an outdoor table on the Hendrix campus.
A student with open books and a laptop computer studying in an indoor lobby space.

Program Overview & Goals

Building on our successful undergraduate Accounting major, the Master of Arts in Accounting program at Hendrix provides the technical, theoretical, and interpersonal skills that today’s students need for successful careers in industry, public accounting, not-for-profit organizations, financial institutions, governmental organizations, education, and consulting.

Our program prepares students to sit for the Arkansas CPA examination and may enable graduates to waive certain MBA and other graduate program courses.

With a broad perspective beyond traditional accounting, our program includes learning opportunities in economics, statistics, finance, and law.  Our courses develop and enhance quantitative problem-solving and decision-making skills, while extensive use of computer applications, business simulations, and real-world data prepares students for the rigorous requirements of the business world. Small class sizes and a low student-to-faculty ratio provide individualized and specialized instruction.

Admission

Admission Requirements

Completion of a bachelor’s degree with a major in Accounting, Economics, or Economics and Business is required for admission to the master’s program.

Recommended undergraduate course preparation includes:

  • Accounting Principles I & II
  • Business Statistics
  • Corporate Finance
  • Macroeconomics
  • Microeconomics

At least three upper-level Accounting courses such as:

  • Accounting Information Systems
  • Auditing
  • Cost Accounting
  • Federal Tax Accounting
  • Intermediate Accounting I & II

CPA Exam Requirements

Because CPA exam requirements vary by state, students should be informed of the prerequisites required by the state in which they plan to take the exam. The state of Arkansas requires 150 semester hours for licensure. The Hendrix M.A. in Accounting program will provide 32 semester hours toward that total.

How to Apply

To apply you will need to submit the following items. Admission preference will be given to applicants who submit their applications prior to February 15.

  • Application for Admission
  • Official transcripts from each and all colleges or universities attended*
  • Dean of Student Affairs Recommendation*
  • Three (3) letters of recommendation or recommendation forms (available in the application portal). Hendrix students only need two (2) recommendations.
  • An official copy of your GMAT scores sent directly from Educational Testing Service*
  • Application fee of $50 payable to Hendrix College*

* denotes items waived for Hendrix students

Items should be emailed to Gina Bergfeld, bergfeld@hendrix.edu, or mailed to:

Gina Bergfeld, CPA, Chair
MA in Accounting Program
Hendrix College
1600 Washington Avenue
Conway, AR 72032

Campus Visits

The best way to picture yourself at Hendrix is to experience it in person. During your campus visit, you’ll have the chance to explore campus, connect with current students and faculty, and even sit in on a class to get a feel for the Hendrix experience.

We recommend scheduling your visit at least one week in advance. To plan your visit, contact Gina Bergfeld at 501-336-5068 or bergfeld@hendrix.edu.

Transfer Credits

Transfer credit for graduate courses may be accepted subject to the following conditions and restrictions:

  • Courses offered for transfer must be taken at an accredited institution.
  • The courses must be comparable in academic quality to Hendrix courses.
  • Transfer credit will be considered only for courses in which the grade of “C” or better is recorded.
  • “Credit” or “Pass” grades will not be accepted in transfer.
  • If a course is accepted for credit, it will be counted as transfer credit. No grade points from such transfer courses will be calculated in the Hendrix grade point average.
  • No more than two graduate courses may be transferred.
  • Hendrix baccalaureates who obtain special permission may take a maximum of two courses at the 500 level for later use in the master’s program.
  • Correspondence school transfer work is not accepted.

More details about transfer credits can be obtained from the Hendrix College catalog.

Careers & Outcomes

Accountants are analysts, problem-solvers, and strategic thinkers, as reliant on creativity as they are on logic. By blending the liberal arts with a professional focus, you build the quantitative and critical thinking skills employers value.

Salary Projections

According to the U.S. Bureau of Labor Statistics, the median pay for accountants is $81,680.

Top Industries

  • Accounting Firms
  • Banking and Financial Services
  • Consulting
  • Government and Public Sector

Career Options

An Master of Arts in Accounting prepares you for a wide range of jobs that involve tracking income and expenses or developing strategies to put money to work. Career options for Accounting majors include fields such as:

  • Auditor
  • Financial Analyst
  • Staff Accountant
  • Tax Analyst

Featured Classes

As part of the Master of Arts in Accounting program gives you a comprehensive look at how organizations operate, make decisions, and grow.

Econ 530

Management Science

A study of mathematical modeling and problem solving applied to business issues. Topics include linear programming, integer programming, decision making under uncertainty, game theory, and inventory modeling.

busi 510

Advanced Cost Accounting

A study of cost-benefit analyses and other management science techniques used in economic decision-making. Specific topics include management control systems, cost-volume-profit analysis, budgeting, cost estimation and allocation, capital budgeting, and linear programming.

BUSI 570

Auditing

Financial statements are only as good as they are accurate. Learn how auditors work in a class that covers professional ethics, auditing standards, reports, internal control, and the selection, scope, and application of auditing procedures.

Econ 550

Managerial Economics

Study the accounting systems and tools used for product costing, organizational planning, control, and management decision-making.

Meet the Faculty

The full-time faculty in the Department of Economics and Business includes three CPAs, reflecting their expertise and close connection to the trends and evolving regulations in the accounting profession. But they’re not just experts. They are also skilled teachers who are deeply committed to your success and helping you find the path that is right for you.

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Gina Bergfeld

Associate Professor of Economics and Business

Chair, Department of Economics and Business

Chair, Master of Arts in Accounting Program

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Keith Berry

Professor of Economics and Business

Lyle Rupert

Lyle Rupert, PhD, CPA

C. Louis and Charlotte Cabe Distinguished Professor of Economics and Business

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Ralph Scott

Professor of Economics and Business

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Steve Crenshaw

Assistant Professor of Economics and Business

Take the Next Step

An M.A. in Accounting from Hendrix College is more than a ticket to an in-demand career. It also delivers experience, confidence, and purpose—assets you can draw on wherever your career takes you.

Your Way Forward Via Hendrix