Loyola University Maryland Programs in Finance & Accounting
Loyola University Maryland appears in our ranking of the 50 Best Online Master of Finance Degree Programs.
Accounting and finance majors at Loyola University Maryland are offered within the university’s Sellinger School of Business. Degrees are available at the undergraduate and graduate levels. Majors in accounting include a Bachelor of Business Administration in Accounting and a Master in Accounting (MAcc). Finance major options include a Bachelor of Business Administration in Finance and a Master of Science in Finance. The Sellinger School of Business aims for students to reach five learning goals while enrolled in business programs. Those goals include building effective communication skills, gaining analytical and critical thinking skills, gaining valuable content knowledge, becoming ethical leaders, and building global awareness.
Degrees are offered on campus at Loyola University Maryland, but select classes are also offered via online learning. For example, a student in a finance or accounting program may be able to take classes like Financial Accounting, Intermediate Accounting, Management, or Business Statistics online. The classes offered online by the university are subject to change each semester, but the school is working to provide more classes online with each passing year. Students will usually have the opportunity to enroll in online study during the summer semesters.
The university shares that accounting is one of the most popular majors at the school because it supports a variety of career possibilities. Students who graduate with an undergraduate or graduate degree in accounting may enter careers as tax advisors, management consultants, or auditors, as well as work in high ranking management positions or areas of business that require technical expertise in accounting. Students in one of the accounting programs at Loyola University Maryland can join Beta Alpha Psi, which is the national accounting society for students in accounting programs. Students can also gain membership in the Institute of Management Accountants, which has a Loyola chapter available to students with an interest in accounting.
Classes a student may take while enrolled as an undergraduate student in accounting include Accounting Information Systems, Cost Accounting, and Advanced Accounting. Students may also participate in an accounting internship. Meanwhile, students who want to enter the graduate degree in accounting will need to complete several prerequisites to gain admittance that include Financial Accounting, Intermediate Accounting I, Intermediate Accounting II, Managerial Accounting, and Individual or Corporate Tax Auditing. Students who want to become a CPA should check with the National Association of State Boards of Accountancy (NASBA) to ensure they’re taking the best classes for licensure.
For students interested in majoring in finance, the Bachelor of Business Administration in Finance is available for students interested in the ethics and current trends of the world of finance. Students in the program have gotten to participate in internships with well-known companies like T. Rowe Price, Blue Cross-Blue Shield, AT&T, and Deutsche Bank. Topics under discussion in the finance program include Corporate Finance, Investments, International Finance, Analysis & Valuation, and Financial Markets & Institutions. Students who already have an undergraduate degree may consider the Master of Science in Finance, which offers convenient class times for working professionals. Most classes are offered on weeknights, and students can study at their own pace. There are hybrid and online course options available in the graduate finance program, and students will take their on-campus classes at the Columbia Graduate Center or Timonium Center in Maryland.
About Loyola University Maryland
Loyola University Maryland is affiliated with the Jesuits, which is an organization within the Catholic Church. The school is a member institution of the Association of Jesuit Colleges and Universities. It was founded in 1852 by a man named John Early, who was a member of the Society of Jesus, which is the full name for the Jesuits. The main campus for the university is located in Baltimore and offers classes to approximately 6,050 students at its 99-acre suburban campus. The school’s official colors are green and gray, and the teams at the school are nicknamed the Greyhounds. Students participate in NCAA Division I games within the Patriot League. Famous author Tom Clancy attended the school, as well as author Mark Bowden who wrote, “Black Hawk Down.”
Loyola University Maryland Accreditation Details
Regional accreditation for Loyola University Maryland comes from the Middle States Commission on Higher Education (MSCHE), which is located in Philadelphia and is a body recognized by the Council for Higher Education and the federal government’s Department of Education. Programs within the university that boast specialized and programmatic accreditation include the Bachelor of Science in Chemistry, which is accredited by the American Chemical Society, and the engineering program, which is accredited by the Engineering Accreditation Commission of ABET. The Association to Advance Collegiate Schools of Business has accredited the programs offered by the Sellinger School of Business and Management. The School of Education has met the Maryland Institutional Performance Criteria and is also approved by the State Department of Education in Maryland.
Loyola University Maryland Application Requirements
Application requirements for Loyola University Maryland for undergraduate students include submission of the official application, high school transcripts, a recommendation from a high school counselor, and a recommendation from a teacher. Students must also submit an essay through the Common Application, as well as standardized test scores from the SAT or ACT. Students can also apply without submitting standardized test scores by submitting an additional recommendation from a high school teacher or a personal essay. Students can also apply as non-degree applicants. Graduate admission varies based upon the program a student wishes to enter. Students will choose an application designed by the Loyola College of Arts and Sciences, the School of Education, or the Sellinger School of Business when they apply as graduate students.
Tuition and Financial Aid
Tuition for full-time undergraduate study is $48,700 at Loyola University Maryland. Students may also pay $10,470 for a spot in a residence hall or $11,800 for the year for one of the student apartments. Meal plans range from $4,240 per year to $5,800 per year for freshmen and sophomores and from $1,420 and $2,760 for juniors and seniors. For graduate students, the fees charged depend on the program in which a student wishes to enroll. For example, the Data Science program is $1,000 per credit, the Liberal Studies program is $550 per credit, and the Emerging Media program is $995 per credit.
Loyola University Maryland is a regionally accredited school, and students are eligible for many types of financial aid when they enroll in degree programs. Available types of aid include student loans, grants, scholarships, and Work-Study awards. For graduate students, the university offers some extra fellowships, grants, and scholarships to further assist with the costs of attending graduate school. Students interested in the finance and accounting programs at Loyola University Maryland should contact the School of Business for information on possible fellowships and aid.
