Dong Zhen/Shanghai Daily news

A group of 65 accountants became the first masters of accounting students in the city last Friday, when Fudan University kicked off classes in the new course.
The students, all of whom have several years experience working as accounts, will spend two and a half years studying part-time, either on the weekend or during the evening.
The State Council officially approved the opening of master degree programs for accounting last year and more than 3,600 accountants across the country have taken entrance exams, which were set up by individual universities.
Fudan's MPAcc course is unique among all of the masters programs offered in China as it is the only one allowing students to major in embezzlement auditing and legal-affairs accounting.
Fudan officials said 111 students sat the entrance exam to enter the course. The 65 students enrolled in the program have each worked as accountants for 7.4 years on average.
About 69 percent of the students work in the manufacturing industry while 31 percent are employed in the financial, insurance and consulting fields. The program costs 70,000 yuan (US$8,434), the school said.