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Indiana University Bloomington

Graduate Accounting Programs

Alumni Spotlight

Mary Hanneman 3/2 MBA 2008

Audit Senior, Deloitte & Touche, LLP, Chicago

"Aside from accounting and finance knowledge, the 3/2 MBA program helped form me into a business professional   before joining the work force. There are certain non-technical skills which set certain professionals apart from others. I believe the 3/2 program provided me a solid foundation of soft skills, professional skills, and interpersonal business relationship skills that some of my colleagues did not have so fully formed when beginning at Deloitte. These skills have been identified by my managers and mentors."

3/2 MBA


The 3/2 MBA is an intensive two-year program designed to prepare you for a fast-paced career with a world-class corporation. With ample opportunities for experiential learning—think field study and field consulting—and a requirement to participate in at least one internship during your two years, all 3/2 MBA students will work for at least three companies while earning their degree.

The first year focuses on learning integrative business skills along with accounting as you attend a set of core classes with your classmates. At the end of the first year, your student team will be given the opportunity to apply what you've learned in the classroom during a valuable experiential on-location assignment. Some of these assignments may be abroad.

In the second year, you will take specialized courses for in-depth knowledge of accounting skills as well as courses in advanced business skills and career success skills. During the field consulting component, teams of students work on real projects for actual companies.

Year One

As a first-year student, you will be taking 36 credit hours (18 each semester). Much of your work will be based on teamwork. At the conclusion of your second semester (first year), you'll engage in a project-based assignment (often an international assignment) for valuable "hands on" experience.

Fall Semester

The fall semester focuses on giving students a functional background in graduate-level tools. The courses taken during this semester include:

  • Career Success Skills
  • Auditing Theory and Practice
  • Financial Accounting Concepts
  • The Firm in the Capital Market
  • Managerial Economics
  • Game Theory/Business Strategy
  • Strategic Planning & Management Process
  • Critical Thought and Practical Wisdom

As part of the course work in this semester, students will have many guest speakers from various corporate, governmental, and public accounting backgrounds. Typically these speakers are CFOs, chairmen, vice chairs, partners, or hold other senior-level positions.

Spring Semester

The second semester of the first year will focus on highly integrated classes vital to the success of any business. Courses include:

  • Field Study
  • Financial Analysis & Firm Valuation
  • Integrative Capstone Simulation
  • International Financial Reporting Standards (IFRS)
  • International Monetary Systems & Hedging
  • Introduction to Spreadsheet Modeling
  • Managing the Produce Offering Process
  • Supply Chain Operations
  • Enterprise Resource Planning
  • Management of Information Technology

Student groups in the second semester also spend time on two challenging and innovative projects. Near the end of the spring semester, teams compete in a Capstone Business Competition. At the end of the spring semester, the student teams engage in a Field Study Experience - in some cases an international assignment.

Year Two

This is when students begin to hone in on a particular area of interest to them and gain the skills and knowledge that will really make them marketable to employers. Each fall, 3/2 MBA student teams (co-mingled with MSA students) engage in a semester-long field consulting project for an area business. Some of the courses taken in this year are also good previews for material covered on the CPA Exam.

During the second year of the program, you will have the opportunity to choose courses consistent with your career goals, specializing in either finance or accounting (audit, tax). This flexible curriculum (30 credit hours) will allow you to further differentiate yourself in the marketplace.

Upon earning your 3/2 MBA degree, you'll have achieved the following goals:

  • Goal 1, Basic Principles of Accounting: A thorough command of the basic principles and operations of accounting.
  • Goal 2, Internal Structures and Operations: A complete understanding of the internal structures and operations of businesses ranging in size from small to multinational corporations.
  • Goal 3, External Environments: Learn, in depth, the relationship between a business and relevant external environments including governmental, legal, competitive and others
  • Goal 4, Integration of Tools and Techniques of Business: Integrate and apply the tools and techniques of business drawing on a broad-based knowledge of the major functional areas, as well as specific technical knowledge of accounting, to analyze and recommend solutions to complex business problems.
  • Goal 5: Legal and Ethical Considerations: Identify, interpret, and apply legal and ethical principles as they affect business decisions, strategies and outcomes in general and specifically as they relate to accounting.
  • Goal 6: Professional Skills: Be able to use appropriate processes to identify, select, and demonstrate effective management skills and attributes including, but not limited to:  
      1. Oral and written communication
      2. Leadership skills
      3. Emotional intelligence
      4. Teamwork and collaboration
      5. Reflective self-assessment
      6. Inclusivity