The University of Illinois at Urbana-Champaign Finance & Accounting Programs
The University of Illinois at Urbana-Champaign is also featured in our ranking of the Top 35 Online Master’s in Accounting Degree Programs.
The University of Illinois at Urbana-Champaign awards a variety of bachelor’s and graduate degrees in accounting and finance, as well as a few doctoral degrees in those areas. The university also offers executive education programs and online degrees to students interested in accounting and finance, as well as other areas relating to business and the Gies College of Business. The college has operated for more than 100 years within the University of Illinois at Urbana.
Students who pursue undergraduate degrees at the University of Illinois at Urbana will choose from a Bachelor of Science in Accountancy or a Bachelor of Science in Finance. Graduate programs include a Master of Accounting Science, a Master of Science in Accountancy, and a Master of Science in Finance. Students who want to attend online classes can enroll in the online Master of Science in Accountancy. For doctoral programs, students may choose from a Ph.D. in Accountancy or a Ph.D. in Finance.
Students who choose the Bachelor of Science in Accounting will enjoy a highly-regarded program with a top-five rank in a list published by U.S. News & World Report of the nation’s best undergraduate accounting programs. While enrolled in one of the university’s accounting programs, students will have access to the Deloitte Foundation Center for Business Analytics. Not only are classes offered by the foundation, but students may also participate in conferences and symposiums.
Some of the courses students may take in one of the university’s accounting degree programs are Accounting Control Systems, Accounting Measurement & Disclosure, Principles of Taxation, Advanced Income Tax Problems, and Accounting Institutions & Regulation. For majors in finance, classes include those like Advanced Corporate Finance, Financial Markets, and Investment & Portfolio Management.
Further opportunities for studying finance and accounting are available online in individual courses and brief programs. The online courses are usually self-paced and last about three weeks with a few live sessions offered for each course. A recently offered course in accounting and finance was the Principles of Managerial Accounting, which was an executive-level introductory course to managerial accounting.
About University of Illinois at Urbana-Champaign
The University of Illinois at Urbana-Champaign was established in 1867 and was originally known as Illinois Industrial University. The university is the public flagship institution of the state’s university system, and it’s also a land-grant, sea-grant, and space-grant school. The research expenditures at the school reach more than $640 million each year, and the university’s library is the second-largest in the nation.
More than 51,000 students attend the university, and its campus covers an expansive 6,370 acres in the cities of Urbana and Champaign. The official colors of the university are blue and orange, and there is a popular student-led newspaper at the university called The Daily Illini. The university’s sports teams play as the Fighting Illini, and they participate in the Big Ten Conference of NCAA Division I games.
The University of Illinois at Urbana-Champaign Accreditation Details
The University of Illinois at Urbana is accredited by the Higher Learning Commission (HLC), which is responsible for approving the overall operations of the university. The HLC approves operations for colleges and universities in 19 different states around the country. On the university’s campus, the Office of the Provost is responsible for working with the HLC to maintain institutional accreditation.
There are some individual programs that are also programmatically accredited. A few of the agencies that have approved programs at the university include the American Bar Association, the American Psychological Association, and the American Veterinary Medical Association. Additional approvals have been earned from the American Speech-Language-Hearing Association, the Council on Education for Public Health, and the Commission on English Language Program Accreditation.
The University of Illinois at Urbana-Champaign Application Requirements
Future applicants to the University of Illinois at Urbana should pursue a rigorous high school curriculum, which may help them qualify for admission to the university when they eventually apply. Students should take at least four years of English, and the university also recommends four years of math, social science, and lab science. During the application process, students are also graded on their extracurricular activities and their test scores on the ACT or SAT.
Students who are interested in graduate school at the University of Illinois at Urbana will need to meet minimum requirements for admission to the university, as well as submit all required materials for the student’s chosen program of study. Minimum requirements include having a bachelor’s degree from an accredited university and a minimum GPA of 3.0 on a 4.0 scale.
Tuition and Financial Aid
Tuition and fees for Illinois residents are between $16,862 and $21,956 per year. Non-residents will pay between $34,312 and $39,406 per year. Room and board charges add an estimated $12,252, books are estimated to cost $1,200, and students can expect to pay personal expenses of $2,500 to $2,840. In all, the total for residents attending the University of Illinois at Urbana is $32,814 to $37,908, and the total for non-residents is $50,604 to $55,698.
Graduate programs at the University of Illinois at Urbana vary from $12,266 to $38,000 per year for residents and $24,072 to $37,000 for non-residents. International students pay the same rate as non-residents. Some graduate programs are charged via a total program cost. For example, the total cost of the bioinstrumentation program is $39,850.
Students may receive financial assistance from the Office of Student Financial Aid, which recommends that students fill out a Free Application for Federal Student Aid (FAFSA) even if they’re not sure if they have been accepted by the university. The FAFSA must be filled out each year for students that want to maintain their financial aid awards. Once a student is admitted to the university, the Office of Student Financial Aid will determine what financial aid a student will receive.
There are some state programs that Illinois residents may qualify for that may offer money or grants to help cover tuition costs. For example, the Illinois Promise program pays for tuition, fees, room, board, and books as long as the student works 10 to 12 hours a week. Students who decide to attend the University of Illinois at Urbana-Champaign only need to submit a FAFSA form to see if they qualify for the Illinois Promise program.