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The MSA program welcomes students with a bachelors’ degree in any academic discipline, subject to certain business background prerequisites specified under Admissions Requirements.

Admission to the MSA program is highly competitive. Decisions are based on the individual's composite file, including previous academic accomplishments, test scores, demonstrated potential for graduate and professional success, and references. Work experience is not required for admission but may be beneficial to the student in the classroom.

Questions regarding admission should be directed to the MSA Program at 217.244.9201 or email

Admission Decison

Applicants are notified in writing and through e-mail as soon as the admission decision is made. Applicants who receive an offer of admission will be asked to return an acceptance form along with a non-refundable $1,250 deposit to reserve their space in the program. The deposit will be credited to the student’s account during the fall semester.     

Admission Requirements

Candidates are required to have a business background and the equivalent of a U.S. bachelor's degree from an accredited institution. They must have earned a minimum grade average of "B," or the equivalent, in the last two years of undergraduate study. In addition, applicants must have completed two Principles of Accounting courses and one course in each of the following areas: finance, management, statistics, microeconomics, and macroeconomics.

All applicants, domestic or international, are required to take the Graduate Management Admissions Test (GMAT). This test should be taken early enough to ensure that the results will be available to the department before action must be taken on admission.

In addition, all international applicants must take the Internet-Based Test of English as a Foreign Language (TOEFL iBT) or the International English Language Testing System (IELTS) test, regardless of educational background. There are no exemptions from the TOEFL iBT or IELTS exam. For information on the University English proficiency, minimum score requirements go to

Application Materials and Deadlines

The MSA application consists of several items.  Please review all of the admission application instructions carefully before you start the online application.

Application Checklist

Unless specified otherwise, please upload all application checklist items as part of the online application.

Please visit the International Student & Scholar Services website for additional information and resources for international students.


Tuition and Fees

Program tuition and fees are set annually by the University Board of Trustees and are subject to change without notice. Rate changes are usually effective at the start of the fall term of each academic year. The 2013-2014 rates are listed below.

In addition, university fees are listed at

University Tuition7,40014,80014,80037,000
Accountancy Fee9001,8001,8004,500


Financial Assistance