Six UML Degrees for Finance and Accounting
The University of Massachusetts-Lowell appears in our ranking of the 50 Best Online Master of Finance Degree Programs.
At Pulichino Tong Center, the Manning School of Business led by Dr. Sandra Richtermeyer grants the 120-credit BSBA in Accounting Concentration for University of Massachusetts-Lowell undergrads to practice analyzing monetary data with IMA certification, Beta Gamma Sigma membership, and Big Four internships. Chaired by Dr. Saira Latif, the BSBA in Finance Concentration follows a 120-credit, AACSB-accredited curriculum on market decision making with Bloomberg Trading Room experience managing a $140,000 Student Fund and Collegiate DECA competitions. Reporting a 59.7 percent first-time CPA pass rate, the MS in Accounting has a 30-credit Level 1 curriculum under Dr. Khondkar Karim for advanced careers at Deloitte, Ernst & Young, Grant Thornton, BDO, JPMorgan Chase, and more.
Online via Blackboard Learn 9.1, the University of Massachusetts-Lowell MBA customizes a 30-42 credit sequence directed by Dr. Stuart Freedman for Accounting or Finance by blending 18 months of courses like Taxation of Business Entities with Innovation Hub capstone projects. The MS in Finance builds a 30-credit, one-year track advised by Dr. Chan-Wung Kim toward CFA Institute certification for a median $119,309 salary either online or face-to-face in New England’s Knowledge Corridor.
Each August, the Ph.D. in Business Administration headed by Dr. Kimberly Merriman admits cohorts of 8-12 for intensive Accounting or Finance options that require 60 post-master’s credits, including dissertation research at the Data Analytics Lab.
About the University of Massachusetts-Lowell
The University of Massachusetts-Lowell was chartered in 1894 as the Bay State’s 10th Normal School delivering two-year teaching diplomas to the first class of 108 women. Four years later, its 125-acre riverfront campus in Middlesex County was designed by Stickney & Austin. In 1910, a three-year music program was added beyond education. By 1960, President Daniel O’Leary had introduced bachelor’s study and made it Lowell State College. In 1971, Lowell experimented with a College of Management Science. In 1975, the University of Lowell formed by its merging with the Lowell Technological Institute started by James T. Smith. In 1991, the University of Massachusetts-Lowell title was adopted. In 2011, the School of Business was named for the CEO of MFS Investment Management in Boston.
Endowed for $84.8 million total, the University of Massachusetts-Lowell now has 1,119 faculty teaching 28,790 River Hawks from 65 nations online and in-person with 250+ clubs like Accounting Society. In 2017, UML received two Collegiate Advertising Gold Awards. The year prior, UMass Lowell earned the APLU Innovation & Economic Prosperity Universities Award. The Commonwealth Institute named Lowell the state’s seventh top woman-led business. On Niche, UML boasted America’s 246th best business degrees and 334th best education. Washington Monthly named UMass Lowell the 163rd best university for social mobility.
The University of Massachusetts-Lowell Accreditation Details
In September 2023, the University of Massachusetts-Lowell is scheduled for its next in-depth evaluation visit from the New England Commission of Higher Education (NECHE) to reaffirm the 10-year Level VI accreditation according to nine standards under its Provost & Vice Chancellor of Academic Affairs, Dr. Michael E. Vayda, a Kellogg Foundation Fellow. Headquartered under 30 minutes away in Burlington, this elite six-state, 1,500-institution Upper Atlantic accreditor is recognized by the Council on Higher Education Accreditation (CHEA) to review UML’s 120 baccalaureate and 79 graduate offerings. Particularly, the Robert J. Manning School has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1987. The Accounting Department was approved by the Association of Certified Chartered Accountants (ACCA) in May 2018 too.
The University of Massachusetts-Lowell Application Requirements
Getting into the U.S. News & World Report’s 80th top public college is labeled “more selective” because the Fall 2017 acceptance rate was 68.7 percent for 11,181 applicants. The BSBA seeks University of Massachusetts-Lowell River Hawks who’ve finished a high school diploma or GED equivalent. The Navitas Global Student Success Program helps non-U.S. freshmen after Year 12 with minimum 3.0 GPAs. On average, the Robert J. Manning School admits a 3.54 GPA, 1224 SAT, and 26 ACT mark. Navitas scholars need at least 1080 SAT and 21 ACT scores. Test of English as a Foreign Language results should be 550 or higher. Accounting or Finance BSBA transfers are judged by GPAs above 2.0 in 24+ credits, including College Algebra. The Graduate School requires a four-year bachelor’s major GPA of 3.0 or higher. Online MSA cohorts need five prerequisites, such as Auditing and Intermediate Accounting. The MBA only approves online students with two years of full-time business experience. Unless GPAs are over 3.5, the GMAT minimum of 500 is enforced. Most Ph.D. candidates have business master’s and four years of experience.
The University of Massachusetts-Lowell has rolling freshman admission through June 1st with a November 8th Early Action date. Manning School of Business transfers or post-grads can apply until August 15th for Fall or January 7th for Spring starts. International deadlines move up to August 2nd and December 12th respectively. Ph.D. in Business Administration candidates must file by February 1st yearly. Accordingly, complete the UML Application online with a $60 non-refundable fee by credit/debit card. Official transcripts are sent to 72 University Avenue in Lowell, MA 01854. For testing, select SAT/GRE code 3911, GMAT code 0C5-V3-55, or ACT code 1924. Supplemental materials include the 2-3 references, business experience résumé, research proposal, GMAT waiver, 500-word personal essay, and financial affidavit. Inquire more by contacting (978) 934-2850 or ManningSchoolofBusiness@uml.edu.
Tuition and Financial Aid
For 2018-19, the University of Massachusetts-Lowell charged in-state BSBA students $7,590 by term or $15,180 annually. Out-of-state undergrad tuition was $16,413 each semester or $16,413 each year. The New England Regional Program drops the rate to $13,220 every term. Studying part-time incurs $632 to $1,367 per credit. Residing at the Merrimack River Valley campus’ housing like Concordia Hall costs $8,400 for yearly rent. The 100 Block meal plan for McGauvran Center adds $4,348. UML budgets $1,200 for books and $1,424 for personal expenses. Annual bachelor’s study is $30,552 in-state and $48,199 out. Online MBA pricing is $655 per credit. The MS in Finance bills $575 per online credit. Traditional Graduate School cohorts spend $14,590 to $26,370 each year. The Southern New Hampshire Proximity Program shaves off $4,000 for post-grads.
The NCES College Navigator states that the Office of Financial Services at University Crossing Suite 131 gets 91 percent of new UML River Hawks enrolled with average aid of $9,817 for $12.64 million overall. Business funds include the Ada & Stuart Mandell Scholarship, Altman Family Scholarship, Ashwin Mehta Endowed Scholarship, Ardito-Caffray Scholarship, Edward Gallagher Endowed Scholarship, Forziati Scholarship, Geanakos Family Scholarship, Kathryn Carter Scholarship, Michael & Donna Beers Scholarship, Narendra Kumari Puri Scholarship, Reader Family Scholarship, Sangphill Kim International Scholarship, and Robert Karam Scholarship. The Chancellor’s Scholarship gifts full tuition of $14,710 for freshmen in the top 5 percent academically. Until March 1st yearly, Lowell legacies can apply for the $10,000 Celebrate the Past, Build the Future Scholarship. Filing FAFSA forms coded 002161 determines Federal Pell Grant, SEOG Grant, Work-Study Program, and Stafford Loan amounts. Ph.D. in Business Administration entrants with 3.0 GPAs or better receive assistantships. New Englanders also pursue the MASS Grant, Christian Herter Memorial Scholarship, Paul Tsongas Scholarship, Stephen Phillips Memorial Scholarship, and others.
Continue reading about the University of Massachusetts-Lowell at the Robert J. Manning School of Business website.
