Combined Degree Accounting Majors

The university created combined degree programs to provide academically talented students with an opportunity to complete a bachelor’s and a master’s degree in a shorter period of time. The program allows you to “double-count” graduate courses toward both degrees, reducing the time it would normally take to graduate by one semester. The combined degree program reduces the cost of both degrees and enhances your marketability for career advancement.

Students should apply during their second year on campus. Once accepted, they will begin MSF courses during their third year, simultaneously working to complete the undergraduate and graduate degrees within four years.


Courses and Curriculum

The MSF degree requires 32 graduate credits. For students with two undergraduate years remaining:

Undergraduate Accounting students are required to successfully complete the following courses (and their prerequisites) prior to fall of their third year to be eligible for the MSF Combined Degree Program.

  • ACG 3401 Business Processes & Accounting Information Systems, 4 credits
  • ACG 3101 Financial Accounting and Reporting 1, 4 credits
  • ACG 4111 Financial Accounting and Reporting 2, 4 credits
  • ACG 4341 Cost and Managerial Accounting, 4 credits

The above listed courses are the four necessary to acquire an Accounting Minor for non-Accounting undergraduate students. Non-Accounting undergraduate majors working towards an Accounting minor are not required to complete the above listed courses before MSF eligibility. First and second year Accounting students interested in the MSF degree may want to meet with an undergraduate advisor regarding eligibility to change their undergraduate major to participate in the MSF Combined Degree Program, while also working simultaneously on both their undergraduate degree and an Accounting minor.

When deciding on a degree change, neither undergraduate nor graduate advisors will be able to speculate on the student’s likelihood of MSF admission. The decision to change from Accounting to any other major should be made carefully and after settling on career goals desirable and obtainable regardless of MSF acceptance.

14 graduate credits are taken as an accounting undergraduate student.

8 graduate credits will be used to satisfy both the undergraduate and graduate degrees. Undergraduate Accounting students will take these graduate level courses towards their undergraduate degree and will be able to apply them to the MSF degree:

  • Graduate level alternatives to ACG 4632 Introduction to Accounting: ACG 5637 (2 credits) and ACG 5647 (2 credits)
  • Graduate level alternatives to TAX 4001 Introduction to Federal Income Tax: TAX 5025 (2 credits) and TAX 5027 (2 credits)

Note that there are undergraduate majors (Finance, Economics) that allow 12 graduate credits worth of substitutions, rather than 8, reducing the number of graduate credits to be taken in the final semester at UF.

6 additional graduate credits should be taken during the undergraduate semesters. These additional credits may not be used to satisfy undergraduate degree requirements. They will be transferred to the graduate degree once the undergraduate degree is complete.

  • FIN 6785 Investment Banking and Corporate Financial Modeling part I, 2 credits
  • FIN 6786 Investment Banking and Corporate Financial Modeling part II, 2 credits
  • FIN 6545 Fixed Income Security Valuations, 2 credits

Third and Fourth Years

Fall and spring graduate semesters are divided into halves, called modules (mods).

3rd year, Fall Mods 1 & 2

Complete all undergraduate degree requirements according to timeline recommended by the Accounting advisor.

These courses apply to the MSF degree only, and will help to prepare for summer internship.

  • FIN 6785 Investment Banking and Corporate Financial Modeling part I
  • FIN 6786 Investment Banking and Corporate Financial Modeling part II
  • FIN 6545 Fixed Income Security Valuations
3rd year, Spring Mods 3 & 4

Complete all undergraduate degree requirements according to timeline recommended by the Accounting advisor.

It is recommended MSF students take FIN 6936 Special Topics in Investment Finance during mod 3 of the junior year. Accounting MSF Combined Degree students will be exempt from this recommendation since they will exceed the number of graduate credits they may take as undergraduate students.

Summer

Internship at the firm you want to return full time upon graduation.

4th year, Fall Mods 1 & 2

Complete all undergraduate degree requirements according to timeline recommended by the Accounting advisor.

Apply online to UF Graduate School. So that graduate credit limits are not exceeded while classified as an undergraduate, students will participate fully (attendance, homework and exams) for the entire semester in the Finance Professional Speaker Series course and the Asset Management Project course, but not register for them this semester. The Asset Management Project Course is required by all MSF students.

Receive undergraduate degree in December.

4th year, Mods 3 & 4

18 credits are registered for as a graduate MSF student during the final semester at UF.

As a full time Graduate Student 14 graduate credits plus:

  • 1 credit FIN 6535 Finance Professional Speaker Series
  • 1 credit FIN 6525 Asset Allocation–required course.
  • 1 credit for participation in the Fall Speaker Series
  • 1 credit for participation in the Fall Asset Management Project course

Each of the above is a full semester course.

Total graduate credits: 32