Florida Institute of Finance and Accounting Degrees Available
Florida Institute of Technology appears in our ranking of the 50 Best Online Master of Finance Degree Programs.
Bachelor of Science in Accounting
The Bachelor of Science in Accounting prepares individuals for positions as accountants, tax and audit professionals in a variety of industries. The program has a basis in business administration as well as accounting. Students are also provided with networking opportunities. During their senior year, students must complete a practicum which allows them to apply classroom learning to real-world experiences. Students who wish to sit for the CPA examination are well-prepared for the Master of Business Administration Accounting track which provides them with the credit hours necessary to sit for the exam. Some of the courses required include financial accounting, managerial accounting, cost accounting, corporate finance, internal audits and more.
Bachelor of Arts in Business Administration/Accounting
The Bachelor of Arts in Business Administration with an accounting specialization provides a broad understanding of business administration combined with accounting courses. The program is available completely online and is designed to improve business communication, decision-making and accounting principles that include auditing and federal income tax. Students learn to identify problems and interpret results using quantitative techniques. They gain an understanding of management as well as how to apply principles and procedures to internal and public accounting.
Bachelor of Science in Finance
The Bachelor of Science in Finance offered at the Florida Institute of Technology prepares individuals for positions in domestic or foreign-based businesses involved in trade or finance. Students develop critical-thinking skills designed to evaluate global financial issues. These may include the fluctuations in currency, investment on a global level as well as capital budgeting. Students also gain an understanding of risk analysis and foreign exchange hedging techniques. Courses include micro and macroeconomics, business law, personal finance, statistics, e-business and more.
Master of Science in Accounting and Financial Forensics
The Master of Science in Accounting and Financial Forensics at the Florida Institute of Technology gives students an understanding of the specialized field of accounting that identifies concerns in finance. The program provides students with an understanding of financial discrepancy, cybercrime, compliance concerns and other issues related to the complex financial world. Graduates of the program are on the front lines of tax fraud and money laundering while also conducting non-criminal investigations that may include evaluating a business or collecting data regarding a bankruptcy.
About the Florida Institute of Technology
In 1958, the Brevard Engineering College began in an effort to support NASA with classes originally held at the Melbourne Municipal Airport. The school moved to its current location in 1961 and it became the Florida Institute of Technology in 1966.
In 1970, the Aerospace Technical Institute merged with the school, creating the College of Aeronautics and, in 1972, the school acquired the Jensen Beach Campus. On this campus, the school began offering degrees in Oceanography and Ocean Engineering.
Today, FIT is one of the top 200 universities in the world according to Times Higher Education World University Rankings and is the only independent, technological university in the Southeast. It is also named as one of the top technological institutions by the Fiske Guide to Colleges.
Florida Institute of Technology Accreditation Details
Florida Institute of Technology is accredited by the Southern Association of Colleges and Schools Commission on Colleges. Regional accreditation indicates that the school has the resources necessary to meet their goals and objectives as well as meeting the criteria set forth by the Association to indicate excellence in education. The Association periodically reviews the school to confirm they continue to meet that criteria and the school agrees to address any areas identified as needing improvement during that review. In addition, specific degree programs are accredited by the following institutions and organizations:
- Accreditation Board for Engineering and Technology (ABET)
- Association for Behavior Analysis International
- Association to Advance Collegiate Schools of Business
- Aviation Accreditation Board International (AABI)
- American Chemical Society
- Commission on Accreditation of the American Psychological Association
- Global Accreditation Center for Project Management Education Programs
- International Accreditation Council for Business Education
Florida Institute of Technology Application Requirements
Freshman applicants must submit an application along with official high school transcripts as well as official ACT or SAT scores. They must also provide an essay and a letter of recommendation. Students who have earned college credit after high school graduation must provide official transcripts from all colleges and universities attended.
In order to apply for the Master of Science in Accounting and Forensic Finance, applicants must hold a bachelor’s degree or higher but the degree does not have to be in a business field. They must provide official transcripts from all colleges or universities attended. Although the GMAT is not required for admission, it is recommended for admission consideration. Applicants may substitute the GRE for the GMAT.
Florida Institute of Technology Tuition and Fees
Full-time undergraduate tuition is $18,730 while part-time tuition is $1,170 per credit hour. Graduate tuition for on-campus business programs is $600 per credit hour while online business programs are $896 per credit hour.
Financial aid is available and students must complete the Free Application for Federal Student Aid (FAFSA) in order to qualify. Scholarships may be offered which could include the Airport Minority Advisory Council Scholarship. This is one of the most common scholarships offered to students based on need. There are many other scholarships that may be offered as well. Students may also be offered grants or work-study programs. Financial aid packets could contain loans which must be repaid upon graduation. Work-study programs are available to on-campus students and offer employment to offset the cost of tuition. Students who feel their income does not make them eligible for assistance should still complete the FAFSA as some assistance is based on merit rather than need.
Florida Institute of Technology offers many accounting and finance programs. Some students have a strong focus on business while others deal mainly with accounting and finance. The undergraduate accounting degree requires additional credits beyond the degree for those who wish to sit for the CPA examination. Florida Institute of Technology also offers online programs with the flexibility that allows non-traditional students to achieve their higher education goals, allowing them to move into a new career or advance in a current career.
