Innovative Accounting and Finance Degrees at Boston University
Boston University appears in our ranking of the 25 Great Master of Financial Engineering Programs.
Most of Boston University’s accounting and finance programs are housed in the Questrom School of Business. The school awards undergraduate and graduate degrees, doctoral degrees and certificates.
The Bachelor of Science in Business Administration can be earned with one of twelve concentrations. Students can specialize in Accounting; Entrepreneurship; Finance; General Management; International Management; Law; Management Information Systems; Marketing; Operations and Technology Management; Organizational Behavior and Strategy and Innovation or they can customize a degree program within the adaptive Cross-Functional concentration. Within that concentration, students may choose between the Health and Life Sciences Sector; Real Estate; Retailing or Sustainable Energy. Sample courses in the curriculum are: Calculus for the Life and Social Sciences; Business, Society and Ethics and Managerial Accounting. The degree program contains 128 credit hours.
The Questrom School of Business says that what sets them apart from other schools is the number of choices students have in building their degree programs. The Full-Time MBA program contains 64 credit hours. Thirty-four of these are in core classes, and an internship is required. Concentrations within the degree program are: Energy and Environmental Sustainability; Entrepreneurship; Finance; Leadership and Organizational Transformation; Marketing; Operational and Technology Management and Strategy and Innovation.
The Full-Time MBA, Health Sector Track, has ten electives plus concentrations. Students take courses such as Health Sector Issues and Opportunities. The degree is also offered with a Social Impact Track, and students can also opt to complete a joint degree.
The Part-Time MBA at Boston University, earned through the Questrom School of Business, can be earned in the Health Sector or Social Impact Tracks as well. The degree is offered in evening sessions to accommodate working adults. There are three ways to earn the degree: cohort mode, Flex mode or the Accelerated Core mode which is designed for those without a business undergraduate degree. Each of the part-time programs has 52 credit-hours.
The following joint degrees are available: MBA plus MS in International Relations; MBA plus MA in Economics and MBA plus MS in Manufacturing Engineering; MA plus JD; MBA plus JD Accelerated; Health Sector MBA plus M.D.; Health Sector MBA plus M.P.H.; MBA plus MS in Product Design Management.
The EMBA at Boston University can be earned in 18 months of full-time study. It is taught in a cohort. Students who complete applications for the first or second rounds of admissions are eligible for a $2,000 tuition credit.
The Ph.D. is a five-year program that contains 48 to 64 credits over 17 courses and includes Research Methodology.
The MS in Financial Management is offered online or in a blended format. It contains 40 credit-hours and can be completed in 18 to 24 months. It is offered with two concentrations. Boston University offers a Bachelor of Science in Management Studies which is a broad program and extremely flexible.
About Boston University
This is a private, not-for-profit, non-sectarian school that is affiliated with the United Methodist Church. It began as the Newbury Bible Institute in 1839 and by 1869 had become Boston University. The University has campuses in London, Los Angeles, Paris, Washington, DC, and Sydney. Boston University is classified by the Carnegie Foundation as an R-1 Doctoral Institution, which means that there are many doctoral degrees that support a high level of research. Boston University is comprised of seventeen schools and colleges, among which is the Questrom School of Business.
The Questrom School prides itself on innovative learning programs such as the nine-month MS in Management Studies which is a highly customizable degree program for graduate students who do not have an undergraduate degree in business. The program allows these students to work on real-world business problems with well-known corporations. The Questrom School of Business also houses the Executive Leadership Center that features immersion programs for individuals and corporations.
Boston University’s online graduate business programs, excluding the MBA, are ranked by the U.S. News and World Report as number nine in their listing of Best Online Graduate Programs.
Boston University Accreditation Details
- Boston University is regionally accredited by the New England Association of Schools and Colleges.
- The Questrom School of Business is accredited through the Association to Advance Collegiate Schools of Business (AACSB).
Boston University Application Requirements
The university uses the Common Application form. Students applying as first-time freshmen should complete this application online, specifying a college or school, and pay the required non-refundable $80 application fee. They should also arrange for their high schools to send their official transcripts to the university along with their senior grades. The application form includes an area for a guidance counselor recommendation, a school report and a teacher evaluation. Official ACT or SAT scores must be submitted by the testing agency. Students applying to the College of Fine Arts must submit a portfolio.
Graduate students apply to the school that houses their desired degree. Requisites differ by department. The Questrom School of Business requires a $125 non-refundable application fee, an interview, letter of recommendation, reporting of the GMAT or GRE scores and an essay.
Tuition and Financial Aid
- Undergraduate tuition at Boston University is $52, 816 per year. Room and Board add $15,720 and fees add another $1,132. The cost of attendance figures in the cost of personal expenses as well and gives a figure of $72,575 per year.
- Graduate tuition is $51,716 on average and, allowing for room and board, brings the cost of graduate education at Boston College to $74,419 per year.
- All online students pay an average of $52,082 per year.
Because the cost of higher education is high, most students require some type of financial aid. The place to begin in getting this help is the FAFSA form. This application for governmental assistance is free to fill out. The program awards grants, loans and work-study opportunities to students based on financial need. After receiving their awards letters from FAFSA, students should apply for aid from the state and the school.
Massachusetts has a grant for full-time students who are state residents called the Gilbert Grant. There is also a Massachusetts grant for part-time students. Boston University awards scholarships and grants based on merit, on financial need or a combination of both. The individual activities and departments at the university also award scholarships such as athletic scholarships or assistance based on areas of study. Private individuals, service organizations and even corporations fund scholarships. These can be found through an online search.
If all free money (money that does not have to be repaid) is exhausted, students may apply for student loans that have lower interest rates than commercial loans and feature deferred payback options. Work-study programs and part-time jobs are options that have the added benefit of allowing students to build experience and add to their resumes. There are many ways to fund degree programs at Boston University.
