Northwood University


Flexible Finance and Accounting Degrees at Northwood

Northwood University appears in our ranking of the Top 35 Most Affordable Online Bachelor’s in Finance.

Ranked Michigan’s 19th best value by PayScale, Northwood University confers a 123-credit BBA in Accounting led by Dr. Patricia Hart Timm for Timberwolves to take Midland or online courses like Business Valuation, find Big Four internships, join Delta Mu Delta, and pursue the Four-Year BBA/MBA. Chaired by Dr. Dennis Witherspoon, the BBA in Finance builds a 123-credit, ACBSP-accredited curriculum where undergrads take the Series 7 exam for 87 percent job placement at Titan International, Dow Chemical, Plante & Moran, JPMorgan Chase, and more. Celebrating its 25th year, the DeVos Graduate School of Management headed by Dr. Lisa Fairbairn grants a 30-credit, 24-month Master of Science in Finance online on Blackboard for aspiring CFAs to take rigorous 600-level courses like Mergers and Acquisitions anywhere. Directed by Dr. Todd Thomas, the 36-credit Master of Business Administration has a 12-month accelerated Midland and 24-month online format that requires hands-on capstone case study projects.

About Northwood University

Northwood University originated on March 23, 1959, when Drs. Arthur Turner and Gary Stauffer opened the Northwood Institute in Alma for 100 coed adults to study business. In 1961, Northwood made the move to Midland and the Lower Peninsula’s famed Tri-Cities Region. In 1964, Northwood was donated the former West Baden College to build its first satellite campus. Two years after, the Northwood Institute expanded beyond Michigan for a 350-acre extension outside Dallas, Texas. On March 27, 1974, Northwood successfully earned regional accreditation. In 1982, President David Fry further broadened Northwood by buying land in West Palm Beach, Florida. In 1993, the Northwood University name was adopted. The next year, the Richard DeVos Graduate School of Management was launched in honor of the Amway co-founder. In 2001, NU partnered with Switzerland’s Hotel Institute Montreux.

Endowed for $99.5 million, Northwood University now employs 126 faculty teaching 3,050 undergrad and 495 post-grad Timberwolves from 26 countries online, on its 468-acre Midland campus near Saginaw, or at 21 national locations with 50+ clubs like the Finance Association. In 2018, NU received the Alpha Sigma Phi Chapter Silver Cup Award. In 2019, Northwood had the YWCA Emerging Leader Award recipient. Northwood University accepted a 2016 LEAD Leadership Excellence and Development Award too. The U.S. News & World Report ranked Northwood 102nd for online business education and 138th for online MBA courses. On Niche, NU boasts America’s 265th safest campus, 293rd top business school, and 333rd most diversity. The Institute of International Education placed NU 17th for studying abroad. College Factual named Northwood the 106th best business value and 205th top finance program.

Northwood University Accreditation Details

On March 30, 2018, the Higher Learning Commission of the North Central Association (HLC-NCA) Institutional Actions Council mailed formal notification to Northwood University about the Level III accreditation being renewed through the next 2027-28 evaluation under Provost Kristin Stehouwer, Ph.D., who earned a Michigan ACE Women’s Leadership Network Award. Located 331 miles west via Interstate 69 in Chicago, this giant 19-state Great Lakes Region accreditor is authorized by the U.S. Education Department to review NU’s two associate, 20 bachelor’s, and three master’s programs. Particularly, the Accreditation Council for Business Schools and Programs (ACBSP) approved Northwood on January 20, 2014.

Northwood University Application Requirements

Enrollment at Northwood University is classified “moderately difficult” by Peterson’s because 976 of the 1,445 Fall 2018 applicants were chosen for competitive 68 percent acceptance. First-year Timberwolves seeking the BBA in Accounting or Finance must be graduates of accredited high schools and GED equivalency programs. The Class of 2022 presented an average GPA of 3.16. The middle 50th percentile had ACT scores of 900-1130. Mid-range admitted ACT scores were 20-24. The Four-Year BBA/MBA track only admits freshmen with a minimum 3.25 GPA, 23 ACT, and 1140 SAT mark. Current undergrads can transfer up to 90 college-level credits graded C or better. Foreign learners from non-English countries need at least 500 TOEFL, 6.0 IELTS, 50 PTE, 1126 GTEC, or 18 ACT scores. The DeVos Graduate School of Management considers a four-year U.S. bachelor’s or equivalent degree prerequisite. Cumulative GPAs below 3.0 require a 30-minute writing sample. Accelerated MBA cohorts must achieve a 3.25 or better GPA.

Northwood University offers rolling admission with no regular deadlines. It’s recommended that students apply by August 1st for Fall, December 1st for Spring, or April 1st for Summer starts. International students should file at least six weeks before planned enrollment. March 1st is the priority date for scholarship consideration. The DeVos Graduate School of Management has two current start dates of August 26th and January 13th. Accordingly, complete the $30 Northwood Undergrad or $50 DeVos Application online. Have official transcripts mailed to 4000 Whiting Drive in Midland, MI 48640. Send testing results via SAT/TOEFL code 1568 or ACT code 2041. Attach supplemental items, such as the proof of financial support, current visa, verifiable resume or CV, writing sample, $250 commitment deposit, and two recommendation letters. Contact (989) 837-4273 or with questions.

Tuition and Financial Aid

For 2019-20, Northwood University is charging full-time BBA in Accounting and Finance majors $13,345 by term or $26,690 annually. Traditional part-time study costs $1,027 per credit. Undergrads cover the $980 student fee and $410 technology fee each year. Living at the Midland campus’ housing like Dubois Hall adds $5,620 for yearly rent. Standard meal plans for Dow Commons Cafeteria are $5,170 extra. NU budgets $1,240 for books and $1,050 for transportation. Annual bachelor’s attendance equals about $41,670 on-site or $32,650 if commuting. Distance and online students spend $455 per credit or $1,365 per undergrad course. Uniformed service members receive a discount to $235 per credit. The DeVos Graduate School bills MBA cohorts $1,030 per credit or $3,090 by course. Online MS in Finance students spend $799 per credit or $2,397 each class.

According to the NCES College Navigator, the Financial Aid Office on Miner Hall’s Lower Level connects 99 percent of new full-time NU Timberwolves to tuition assistance averaging $17,327 apiece for $4.48 million combined. University funds include the Free Enterprise Scholarship, Liberty Scholarship, Entrepreneur Scholarship, Freedom Transfer Scholarship, Athletic Scholarship, Business Professionals of America Scholarship, DECA Scholarship, Enactus Scholarship, Phi Theta Kappa Scholarship, Family Tuition Scholarship, DeVos Leadership Scholarship, Early Decision Scholarship, and International Freshman Merit Scholarship. The $20,000 Patricia and Robert Naegele Competitive Scholarship has a January 10th deadline for full-time BBA majors to submit 500-word essays. The Presidential Scholarship gifts $15,000 annually to freshmen meeting the 3.0 GPA and 1360 SAT score minimum. Federal programs, such as the Pell Grant or SEOG Grant, require FAFSA applications coded 004072. Michiganders also claim the Tuition Grant, Competitive Scholarship, Chamber of Commerce Scholarship, Horatio Alger Scholarship, Rosa Parks Scholarship, and more.

Keep reading about Northwood University at the Richard DeVos Graduate School of Management website.