Finance and Accounting at the University of Minnesota Crookston
The University of Minnesota Crookston is also featured in our ranking of the Top 35 Most Affordable Online Bachelor’s in Finance.
The University of Minnesota Crookston offers its finance and accounting programs through the Business Department. Degrees are available online and on-campus, and students can even attend some classes in a hybrid format. For accounting degrees, students can choose from a Bachelor of Science in Accounting or an accounting minor. In finance, students can earn a Bachelor of Science in Finance or a minor in finance.
Some of the benefits touted by faculty in the accounting program include small classroom sizes and a program designed to offer students effective instruction in both analytical and theoretical accounting. In the program, students will build skills in important areas like technology and communication, which will help them after graduation.
When students complete the 120-credit bachelor’s degree program in accounting, they may choose to become certified by taking the official CPA exam. Also available are certifications to become a Certified Internal Auditor or a Certified Management Accountant. Students are encouraged to learn more about certifications by visiting the website for the American Institute of Certified Public Accountants.
Classes students may take in the accounting program include Principles of Accounting, Intermediate Accounting, Income Tax, Auditing, and Accounting Systems. Some of the jobs students may qualify for when they graduate with a Bachelor of Science in Accounting include financial managers, tax accountants, independent auditors, and financial analysts.
Meanwhile, students interested in the Bachelor of Science in Finance program or the minor in finance will also learn within a program that teaches both theoretical and analytical concepts used in finance. Some of the classes a student will take in the finance program include Estate Planning, Investments, Intermediate Accounting, and Corporate Finance.
The finance and accounting programs both require that students complete several liberal arts classes in varied areas like economics, public speaking, psychology, and English. Program outcomes for the degree in finance include the ability to successfully examine the financial needs of consumers and fulfill those needs and evaluate and apply financial tools, concepts, and theories.
Similarly, students who exit the accounting program should be able to understand, perform, and apply standard accounting principles, as well as understand how to use accounting and tax software programs. While enrolled in the finance or accounting program at the University of Minnesota Crookston, students may want to join the Accounting & Finance Society.
About the University of Minnesota Crookston
The University of Minnesota Crookston is part of the state’s university system and is one of five campuses across the state. The university has a student population of approximately 1,800, and the rural campus in Crookston covers 108 acres. Crookston is located in the Red River Valley, which is in the midst of a large agricultural area. The school’s official colors are gold and maroon, and the mascot is the Golden Eagle.
The university was officially founded in 1966, but the site on which the university now stands was a large research site dedicated to experimental farming. The location would serve as the Northwest School of Agriculture for several years and would operate as part of the University of Minnesota system. The early 1960s would see the school transition into a two-year college and expand its educational offerings over the next few decades.
University of Minnesota Crookston Accreditation Details
Regional accreditation for the University of Minnesota Crookston comes from the Higher Learning Commission, which is part of the North Central Association of universities and colleges. The university most recently reaffirmed its accreditation in 2016 and will use the Academic Quality Improvement Program from the Higher Learning Commission to retain that accreditation. The next reaffirmation of accreditation will occur in 2026.
In 2019, the university secured a membership in the New Century Learning Consortium, which was founded by several universities to ensure high quality of degrees offered online. The Dietetic Technician Program is programmatically accredited by the Academy of Nutrition and Dietetics, Accreditation Council for Education in Nutrition and Dietetics.
University of Minnesota Crookston Application Requirements
Prospective students who want to attend the University of Minnesota Crookston must have a high school diploma earned in the year they wish to apply or in any year previous to that year. Application materials include a completed Application for Admission and official high school transcripts. Students with previous college experience must also submit transcripts from all college courses taken.
Students are also asked to take the SAT or ACT and have their scores sent directly to the university. All transcripts sent to the university must have been issued within the past year. Home school students are welcome to apply and will need to supply a transcript from a parent with the student’s cumulative GPA, as well as evidence of having taken the SAT or ACT.
Tuition and Financial Aid
The University of Minnesota Crookston recently modified its tuition and fee structure to accommodate flat-rate tuition where all credits above 13 are tuition-free. Students will pay $401.50 per credit from one to 12 credits. The flat rate for 13 or more credits is $5,219.00, and the yearly flat rate is $10,438.00. Students will also pay anywhere from $500 to $1,000 for books and supplies with the exact amount depending on whether the student attends online or on-campus classes.
Students who live in South Dakota, Wisconsin, North Dakota, and Canada’s Manitoba are eligible for in-state tuition rates through the university’s tuition reciprocity agreements. In addition to tuition costs, students may also need to pay fees like campus and durable goods fees, course fees, student services fees, and health insurance fees.
Students may qualify for financial aid and scholarships when they attend the University of Minnesota Crookston and should check with the Office of Financial Aid & Scholarships for information on applying for aid and qualifying for scholarships, grants, and money for college. Scholarships available to students include the Regents Scholarship, Children of Fallen Heroes Scholarship, and several specialty scholarships.
In addition to loans and scholarships, students who attend may also qualify for need-based Work-study awards that help students find employment while enrolled in college. Work-study awards may result in jobs on-campus or off-campus. Students who enroll in online classes at the University of Minnesota Crookston may qualify for financial aid through the federal loan program, as well as special scholarships offered directly from the university.