Faculty of Management courses required for professional accountancy designations

F of M CGA CMA CA
Introductory Financial 9.110 FA1 111 Required
Introductory Managerial 9.111 241
Information Systems 9.200 MS1 Required or 74.126
Intermediate - Assets 9.201 FA2 229 Required
Intermediate - Equities 9.202 FA3 339 Required
Corporate Finance 9.220 FN1 442 Required
Accounting I. S. 9.302 451
Advanced Financial ** 9.303 or 9.731 502 * Required
Cost Accounting 9.304 MA1 342 Required
Taxation Accounting ** 9.305 TX1 424 Required
Finance 2 9.341 and 9.348 FN2
Auditing 9.401 or 9.736 AU1 504 Required
Accounting Theory 9.403 502 * Required
Advanced Managerial 9.404 or 9.732 MA2 501 Required
Advanced MIS 9.425 or 9.733 MS2
Communications 27.200 Required
Organizational Behaviour 27.207 123 Required or 27.203
Organization Theory 27.208 Required or 27.203
Commercial Law 27.330 LW1 122 Required
Administrative Policy 27.401 ST1
* Note that both 9.303 (or 9.731) and 9.403 are required to receive credit for 502.
** These courses are also available from University of Athabaska or from Continuing Education at the University of Manitoba.

Click here for more information on

  • CGA courses
  • CA courses

    SMAM Entrance Exam Results

    Pass rates for and numbers of successful and total first-time writers by university standing

    Degree 1995 1994
    B. Comm. 88% 23/26 60% 15/25
    MBA included above 100% 2/2
    M. Acc. 0/0 included above
    Other degrees 17% 2/12 59% 10/17
    Other (i.e. no degree) 41% 18/44 61% 27/44
    Total 52% 43/82 61% 54/88

    ICAM UFE Results

    Pass rates for and numbers of successful and total first-time writers by university standing

    Degree, grade point 1997 1996 1995 1994
    B. Comm. (Accounting), >3.5 93% 13/14 89% 8/9 71% 5/7 78% 7/9
    B. Comm. (Accounting), 3.0-3.5 71% 12/17 88% 15/17 44% 4/9 50% 8/16
    B. Comm. (Accounting), <3.0 45% 5/11 50% 2/4 50% 3/6 33% 2/6
    B. Comm. (Accounting) total 71% 30/42 83% 25/30 55% 12/22 55% 17/31
    M. Acc. 69% 9/13 81% 13/16 78% 14/18 86% 12/14
    Other U of M 67% 2/3 60% 3/5 57% 4/7 83% 5/6
    U of M total 71% 41/58 80% 41/51 64% 30/47 67% 34/51
    Other 56% 5/9 75% 3/4 64% 7/11 57% 4/7
    Total 69% 46/67 80% 44/55 64% 37/58 66% 38/58

    Other advantages of M. Acc.
    Avoid studying and articling at the same time
    Write the UFE 16 months after graduating rather than 28.

    But if you take 9.404 and 9.303 (from Athabaska), you can write the UFE 16 months after graduating without taking the M. Acc.

    Disadvantages
    Give up a year's salary.
    Start your articles a year later and therefore receive your C.A. a year later.

  • But note that if you register as a student and work after receiving your B.Comm. but before entering the M.Acc. program, that period counts as part of your articles. Registration effectively costs only $125, for which you receive a CICA Handbook and a subscription to CA Magazine.

    Questions to ask:

    1. What is the salary of a M.Acc. graduate compared to the salary of:
      Someone who graduated with a B.Comm. the same year?
      Someone who graduated with a B.Comm. the year before?
    2. Same question regarding promotion.
    3. Is a M.Acc. graduate expected to work more overtime than someone still preparing for the UFE?
    4. Does a M.Acc. graduate receive more responsibility and/or more interesting assignments than someone still preparing for the UFE?
    5. Will your employer hold your position while you take the M.Acc.?
    Time line
    M.Acc. Not
    1999 B. Comm. graduation B. Comm. graduation
    2000 Write UFE Study
    2001 Article Write UFE
    2002 Article Receive CA
    2003 Receive CA Promoted to Supervisor?

    9.110 HomePage.
    9.305 HomePage.
    Faculty of Management courses.
    Department of Accounting & Finance HomePage.