Accounting and Finance Degree Programs Available at the University of Miami
The University of Miami appears in our ranking of the Top 40 Best Online MBAs in Finance.
Through the Department of Accounting and the Department of Finance, the University of Miami offers several finance and accounting degree programs. Undergrads can choose a major or a minor in accounting. The university offers a Bachelor of Business Administration in Accounting that includes 27 credits of accounting courses such as Cost Accounting, Intermediate Accounting I and II, Fundamentals of Taxation and The Law of Financial Transactions. Students can also earn a Bachelor of Science in Business Administration (BSBS) with a concentration in accounting. They’ll need to complete an extensive business core group of classes that include Fundamentals of Business Technology and Innovation, Principles of Microeconomics, Operations Management and Foundations of Marketing.
Finance majors can choose between the university’s BSBA and BBA programs too. In addition to the business core, they’ll take classes such as Fundamentals of Finance, Intermediate Financial Management and Investment and Security Markets. The University of Miami offers internships at accounting and financial firms and institutions too. There is also a five-year accounting program that lets students meet the requirements for the Florida CPA exam and finish their undergraduate and graduate degrees in just five years. Another program allows students to major in real estate and learn about developing and investing in property.
The university designed three graduate programs for accounting majors: a Master of Science in Accounting, a Master of Science in Taxation and a Master of Business Administration in Accounting. Students in the MS Accounting program take 14 credits of required classes, including Introduction to Accounting Analysis, Advanced Issues in Auditing, Financial Reporting Implication of Income Taxes and Critical Thinking and Persuasion for Business. They’ll pick from different electives to complete the 30 credits needed to graduate. Taxation majors will take courses to learn about nonprofit and corporate taxation, while students in the MBA program will need to take general and advanced business classes. The MBA is also offered online with concentrations in corporate finance, accounting, and financial decision making.
Students can enroll in the university’s Master of Science in Finance program too. Students will take a three-week class that the university calls a finance boot camp and then take seven-week classes. This allows them to graduate in under a year. The university also offers this program for those who want to take evening and weekend classes, which requires that they spend four semesters working on their degrees. The University of Miami has a Doctor of Business program with concentrations in finance and accounting too.
About the University of Miami
The University of Miami is a private university known as The U and U of M. Established in 1925, the U of M sits in Coral Gables, Florida, which ranks as one of the nation’s best college towns. That campus is home to six different residence halls that allow students to live in apartments and traditional dorm rooms. U.S. News and World Report ranks U of M as the 53rd best American university and the 155th best university in the world. Times, QS and ARWU all rank the university as one of the best in the world, and it ranks on a national scale, according to Washington Monthly and Forbes. U of M operates several campuses and has a total enrollment across all of them of more than 17,000 students.
University of Miami Accreditation Details
The business school at U of M oversees all its accounting and finance degree programs. This school has full accreditation from the Association to Advance Collegiate Schools of Business (AACSB). To make sure that it maintains the standards necessary for accreditation, the university established a review committee that keeps an eye on these standards. That committee helped the university receive and renew its regional accreditation from the Southern Association of Colleges and Schools (SACS).
University of Miami Application Requirements
The U of M admits less than 40% of the future freshmen who apply. Students must pay a $70 application fee or apply for and receive a fee waiver. They’ll use the Common Application, which has a spot where they can enter the waiver code. The university asks for official or unofficial high school transcripts and official test scores from each student as well as a school report and two letters of recommendation. Students must apply by the early decision deadline of November first or the final deadline of January first.
Though U of M does not have a set deadline for applications from accounting majors, it recommends that graduate and doctoral students submit their applications by March 15 when applying for the fall semester and May 1 when applying for the spring semester. The programs only have a specific number of spots available, and those who apply earlier in the year may take up all those spaces. Future accounting grad students must complete the U of M application with their essays included, pay an application fee and submit a resume, two letters of recommendation and their official transcripts. The graduate finance program has an early deadline of November 15. As long as the program has space available, the university will process applications that arrive by January 15 and then the end of April.
Tuition and Financial Aid
All graduate and doctoral students studying finance or accounting at the U of M pay $1,960 in tuition for each credit hour of classes they take. The university also charges an activity fee of $42, a student center fee of $156 and a health and wellness fee of $172. Students can decline to pay some fees if they agree not to use the wellness center or recreation centers. Those who need health insurance can purchase a university plan for $2,306 each year too. Eight types of scholarships are available for graduate students who need financial help. Students can get scholarships in the fifth year of the combined accounting program or when they’re in any year of a graduate program.
The university offers even more financial aid for undergrads, including institutional scholarships and government grants and loans. Students who have a low household income can participate in the work-study program too. The cost for undergrads is $2,030 per credit hour for part-time students and $24,360 per year for full-time students. Full-time undergrads also pay $753 each semester in fees, which drops to $260 for part-time students. The University of Miami encourages all future students to look at their financial aid options and apply for aid after they submit their applications.
