Finance and Accounting Degrees Offered at University of Maine – Augusta
The University of Maine-Augusta appears in our ranking of the 20 Most Affordable Online Bachelor’s in Accounting.
The University of Maine – Augusta offers a Bachelor of Science in Business Administration (BSBA) – Accounting. Students admitted to this program can choose one of the three specializations that are offered, which are financial accounting, management accounting, and governmental accounting. The BSBA in Accounting program requires the completion of 121 credit hours. Students will learn how to conduct financial accounting for the use of making critical business decisions. In addition, students will also be taught how to use accounting for management positions and roles within a company as well as how to read and analyze important financial reports. This degree program can be completed entirely online or in traditional classes on campus. The following are some of the frequently chosen courses in this program: Intermediate Financial Reporting, Financial Accounting for Management & Decision Making, Accounting for Management Decisions, Taxation, Macroeconomics, Microeconomics, and more. Depending on which concentration the student selects, they will be required to complete certain courses related to their selection.
The university also offers a minor in accounting for students who are majoring in a different subject. The 18-credit minor consists of courses that teach individuals how to make crucial decisions regarding the operations and finances of businesses and companies. Students will also learn how to manage accounting practices. Two core courses, Financial Accounting for Decision Making and Accounting for Management Decisions, are required to complete this minor. In addition, students will also be required to complete two elective courses in accounting. All courses for this minor can be accessed online or on campus.
Additionally, the University of Maine – Augusta features a certificate in accounting for individuals that are interested in learning about accounting but do not want to pursue a degree. Graduates of the 30-credit certificate program will know how to make vital decisions regarding finances and accounting, be able to process and analyze financial reports, and comprehend the practices and regulations of taxation and auditing. The following courses are required to earn this certificate: Financial Accounting for Management Decision Making, Accounting for Management Decisions, Intermediate Financial Reporting, Taxation, Accounting Information Systems, Auditing, and more. The certificate can be earned completely online or on campus.
About University of Maine – Augusta
University of Maine – Augusta is a public university that was established in 1965. It is located in Augusta, Maine and is known for providing students with on-campus and online educational opportunities. This university is the third-largest public college in the state of Maine.
According to U.S. News & World Report, the University of Maine – Augusta ranked seventh for best undergraduate teaching, 26th for top performers on social mobility, and 36th for best regional colleges in the north. On Niche, the university ranked 2nd for the safest college campuses in the state of Maine and 27th for the safest college campuses in the United States. Students attending this university can obtain a certificate, associate degree, or a bachelor’s degree. The university has multiple campus locations to provide convenience and accessibility to its students. The locations include Augusta, Bangor, Brunswick, East Millinocket, Ellsworth, Houlton, Lewiston, Rockland, Rumford, Saco, and South Paris.
University of Maine – Augusta Accreditation Details
The University of Maine – Augusta has received its accreditation from the New England Commission of Higher Education (NECHE). NECHE is a regional accreditation agency that is responsible for providing accreditation to colleges and universities in its specific region. The following six states are in the NECHE’s region: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
University of Maine – Augusta Application Requirements
This school possesses a 100 percent acceptance rate to help all individuals earn a high-quality education. The application process consists of filling out an application form and turning in high school or college transcripts. There is no application fee, and test scores are optional.
Tuition and Financial Aid
The University of Maine – Augusta is known to be one of the most affordable colleges in the state of Maine. In-state students can expect to pay $239 per credit hour, and out-of-state states can expect to pay $578 per credit hour. Out-of-state, online students are required to pay $299 per credit hour.
There are numerous scholarships available to students that need financial assistance. The University of Maine – Augusta hands out over $1 million dollars in scholarships to its students each year. Individuals that are enrolled in an accounting program may be qualified to earn one of the following scholarships:
- The Augusta Kiwanis Club Scholarship is awarded to non-traditional students that have demonstrated leadership skills and exceptional academic performance.
- The Cony High School Scholarship is provided to admitted students that have graduated from Cony High School, which is located in Augusta, Maine.
- The Bruce Collier Memorial Scholarship is given to admitted students that are attending classes on UMA’s Bangor campus.
- The General Edmund W. Hill Scholarship is awarded to outstanding students that demonstrate academic excellence.
- The Maine Higher Education Assistance Foundation Scholarship is received by graduates of a high school located in Maine. Students that usually earn this scholarship are in good academic standing and attend the Augusta or Lewiston-Auburn campus. This scholarship is only provided to full-time students that are majoring in a business program such as accounting.
- President’s Scholarship – General Awards is granted to high school seniors applying to UMA that are in the top 25 percent of their class.
- Richard J. and Mary Elisabeth Randall Scholarship is given to students that are pursuing a degree and maintaining a 3.25 grade point average (GPA) or higher.
- Lila and Vernon Segal Fund is provided to students from the cities of Augusta, Manchester, or Winthrop.
- Martin & Molly Schwartz Scholarship is presented to single parents with a certain amount of income.
- Dean’s Academic Scholarship is offered to full-time freshman students that have maintained excellent academic performance throughout high school.
- Adult Learner Scholarship Fund is awarded to students that meet one of the following: over the age of 25, work at least 35 hours a week while attending college, have dependents other than a spouse, financially independent from parents, did not receive a high school diploma (earned a GED), or enrolled in college later in life for a reason.
- Unified Fee Grant is presented to full-time freshman students that maintained academic excellence throughout high school. Students must also earn a 3.0 GPA each semester to continue earning this grant.
For more information on finance and accounting programs, please visit the website of University of Maine – Augusta.
