The University of Memphis is also featured in our ranking Top 25 Most Affordable Online Bachelor’s in Accounting.
Bachelor of Business Administration in Accounting
The University of Memphis is home to the School of Accountancy, which is part of its Fogelman College of Business and Economics. This school offers a Bachelor of Business Administration Degree with a Major in Accounting. It is one of the only BBA in Accounting degree programs in Tennessee that is available online. Students can also enroll in a traditional version of this program that is available on the Memphis campus. The program prepares students for enrolling in graduate programs and for completing the five years of classes needed to sit for the Certified Public Accountant exam. Those who successfully pass this exam can work as a licensed CPA.
This program requires that students complete the general education core, which is worth 41 credits, and that they take both upper and lower division business courses. Business classes such as International Economics, Global Information Technology, Introduction to Microeconomics and Business Analytics provide students with the strong business background that they will need in the higher level accounting classes. The 24 credits of required accounting classes that all students take include Audit and Assurance Services, Intermediate Accounting, Federal Income Tax and Cost Accounting. The university provides accounting majors with a four-year plan that goes over all the courses they need to take and when they should take those classes.
About University of Memphis
The University of Memphis is one of the largest schools in Tennessee. Founded in 1912 as the West Tennessee Normal School, it offered programs that helped future teachers learn the fundamentals that helped them start their teaching careers. This school also used the names of the West Tennessee State Teachers College and Memphis State College before becoming Memphis State University. It chose this name to set its campus apart from a large school that operated in the city under the name of the University of Memphis. This school consisted of multiple professional campuses that offer law and medical programs. It wasn’t until 1994 that Memphis State University became the University of Memphis. It also uses the name U of M.
Its campus has a convenient location just five miles away from downtown Memphis, which makes the university popular with working adults and traditional students who live in the city. The university owns and operates several campuses around Memphis and in other cities like Jackson. Its School of Law moved to a new location in Memphis after the university constructed a brand new campus for that school.
The U of M is home to an authentic Native American village. Guests can visit the on-site museum to learn more about those Native Americans and tour some of the archaeological sites around the campus. The University of Memphis has an enrollment of more than 21,000 students across its multiple campuses.
University of Memphis Accreditation Details
Many students take classes in the summer months at campuses close to their homes, which lets them take fewer classes during the school year. Those who want to transfer their college credits must make sure that the university has regional accreditation. The University of Memphis has its regional accreditation from the Southern Association of Colleges and Schools (SACS), which also lets students apply for federal grant money and other types of financial aid. Its accounting and business programs have accreditation from the Association to Advance Collegiate Schools of Business (AACSB). Other programs available from the university that have accreditation include those in nursing, art, design, electric engineering and psychology.
University of Memphis Application Requirements
The U of M offers different applications for first year students, graduate students, transfer students and those who attended the school in the past but took some time off. Students applying to an online program must use the University of Memphis Global application. This application consists of just three sections. The first section asks students to pick their status and list their contact information, including a full name, date of birth and social security number. This section also asks students to list an emergency contact.
Once a student fills out the first section, he or she can click a button to save that information and proceed to the next section. This is the education section. It asks the student to list his or her grade point average, the name and address of the high school attended and class ranking. Students can also list any colleges they attended in this section. Many high school students today either attend college in their junior or senior years or take advanced placement classes to earn college credit.
Students applying for a spot in one of the university’s traditional undergrad programs must also use an online application, but they will use a different one than online students use. The U of M asks for a high school transcript to verify the information shared on the application and for a standardized test score. Students can submit a score from the ACT or an official score from the SAT.
Tuition and Financial Aid
With all fees factored in, U of M students pay $434 per credit hour as Tennessee residents. The cost for nonresidents increases to $922 per credit hour. Full-time students taking 12 credit hours of classes will pay between $4,600 and $10,500 a semester. Students enrolled in an eCampus program will also pay a rate based on whether they are Tennessee residents or residents of another state. Residents pay $448 per credit hour, while nonresidents pay $936 per credit hour. These rates include all the fees that the university charges too.
Both online and traditional students qualify for some form of financial aid. More than half of the students attending the University of Memphis every year receive at least one type of financial aid. Students will need to fill out the FAFSA and either file that document online or via the mail. This form determines the contribution that the student’s family can make towards his or her education and shows the amount that the student will need to pay after that contribution.
Students often qualify for grants that come from both the federal and state government. They can also take out loans that they will pay back once they graduate. As the university participates in the federal work-study program, students can work in positions on the campus. The University of Memphis offers scholarships to worthy students too.