The Comprehensive MPA Exam is administered on the third Saturday in April, July, and November. MPA candidates must have an overall graduate GPA of 3.0 at the beginning of the semester in which they plan to take the MPA Exam.
The MPA Exam has three sections, as described below:
Section 1: Breadth requirement, covering all undergraduate accounting courses; i.e., ACCOUNT 244, 249, 261, 343, 451, 454, 456, 461, and 465. As a breadth assessment, the design is biased towards a wide variety of topics instead of great detail in any given topic. This section uses multiple-choice questions (MCQs) submitted by accounting instructors and supplemented with CPA Exam questions. Each course is covered by 10 MCQs. Time estimate: 2.5 hours; point value = 120.
- Financial Accounting: ACCOUNT 244, 261, 343, and 461
- Managerial/Cost Accounting: ACCOUNT 249 and 456
- Information Systems and Auditing: ACCOUNT 454 and 465
- Individual Taxation: ACCOUNT 451
Confidence grading is used for this section. This allows the MPA candidates to weight the questions according to how confident they feel that they answered correctly.
- On the first answer sheet, candidates will mark their answers to each MCQ.
- On a second answer sheet, candidates will mark their answers to the 20 MCQs that they feel "confident" about. This double-weights these questions.
- On a third answer sheet, candidates mark their answers to five (5) MCQs that they feel "most confident" about, effectively triple-weighting these questions. Important: These questions must be different than the MCQs that were double-counted or no questions will be double- or triple-weighted.
Section 2: Depth requirement, focusing on the six required graduate accounting courses; i.e., ACCOUNT 751, 756, 757, 767, 781, and FNBSLW 542). Like section 1, this section uses MCQs submitted by course instructors to survey the topics covered in their respective courses, supplemented with CPA Exam questions. Each course is covered by 10 MCQs. Time estimate: 2.5 hours; point value = 120.
- ACCOUNT 751 (Governmental & Not-for-Profit Accounting)
- ACCOUNT 756 (Corporate & Special Entities Taxation)
- ACCOUNT 757 (Issues in Financial Accounting)
- ACCOUNT 767 (Forensic Accounting & Professional Ethics)
- ACCOUNT 781 (Advanced Accounting Theory I)
- FNBSLW 542 (Advanced Business and Commercial Law)
Section 3: Elective requirement, focusing on either ACCOUNT 783 (International Accounting) or ACCOUNT 748 (Financial Statement Analysis). Like sections 1 and 2, this section uses MCQs submitted by the course instructors. MPA candidates will select one of the two courses and answer 10 MCQs designed to survey the topics covered in the course. Time estimate = 30 minutes; point value = 20.
The MPA Exam is pass/fail exam with 70% being a minimum passing score for each section. All three sections must be passed at the same sitting in order to pass the MPA Exam and graduate at the end of the semester.
MPA candidates who receive a score between 50% and 70% on one or two sections can retake that section of the MPA Exam upon consultation with the MPA Program Coordinator.
Students who receive a score less than 50% on all three sections will have to retake the MPA exam in the following semester.