Studying Finance & Accounting at the University of Missouri
The University of Missouri appears in our ranking of the Top 10 Master’s in Financial Planning Online Degree Programs.
The University of Missouri offers many paths for studying finance and accounting through its Robert J. Trulaske, Sr. College of Business and its School of Accountancy. Available degrees include an online Master of Science in Finance, an online Master of Accountancy, and an online Bachelor’s Degree in Accounting that will award a Bachelor of Science or Bachelor of Arts degree. A degree in Finance & Banking is also available as a concentration for the Bachelor of Science in Business Administration, and students can also earn a Ph.D. in Finance or Accountancy. Students can also enter the combined Bachelor of Science in Accountancy and Master of Science in Accountancy to satisfy the 150-hour CPA requirement. The College of Business at the University of Missouri is part of the Federation of Schools of Accountancy.
One of the valuable facets of study at the University of Missouri and its accounting programs is the opportunity the school gives for students to study online. Not only can students live anywhere and earn degrees like the Bachelor of Science in Accountancy or the Bachelor of Arts in Accountancy, but they can also earn their degree in just two years of “focused study” in the program. Throughout the bachelor’s degree program and the other degree options at the university, students have the chance to participate in internships to gain real-world experience, as well as take part in workshops and attend speaking events through the university’s Professional Development Program.
Conveniently, the university also offers its graduate degrees in accountancy and finance through their online school, which means students can take their classes from any location and eventually graduate with enough credits to satisfy the 150-credit hour requirement of the Certified Public Accountant exam. Some of the courses a student will take in the Online Master of Accountancy program include Auditing Theory and Practice and Accounting & Business Strategic Analysis. Available electives include Financial Accounting Theory, International Accounting, and Fraud Examination. For the Online Master of Science in Finance program, students will take classes like Financial Databases & Financial Modeling, International Financial Markets, and Multicultural & Global Finance.
Students who already have a master’s degree and want to participate in research or become teachers in finance or accounting may wish to investigate the Ph.D. program available from the Trulaske College of Business. The program requires that students complete 18 hours of accounting research courses, 15 hours of coursework in accounting theory, 18 hours of coursework in areas like statistics and quantitative methods, and at least 14 hours of enrollment in Research in Accounting.
About the University of Missouri
The University of Missouri was founded in 1839 and holds the distinction as the first college established west of the Mississippi River. Over its existence, the school has claimed many “firsts” like the first homecoming game for an American football team and the first university-owned television network. Today, the university has more than 30,000 students enrolled and boasts an endowment of a billion dollars. The university has a high rate of research activity, and it’s one of only a few dozen universities to claim membership with the Association of American Universities. The school’s athletic teams play in NCAA Division I games as the Tigers, and the school’s mascot is named after President Harry S. Truman, who was from Missouri.
University of Missouri Accreditation Details
The University of Missouri was first accredited in 1915 and has been continuously accredited since that time. The Higher Learning Commission most recently reaffirmed the university’s accreditation in 2015. Academic affiliations held by the university include membership with Oak Ridge Associated Universities, the Association of Public and Land-Grant Universities, and the Association of American Universities. Programs, schools, and colleges within the university that are accredited by other organizations include the College of Business, which has earned accreditation by the Association to Advance Collegiate Schools of Business for its bachelor’s and master’s degree programs, and the computer science program, which is accredited by the Computing Accreditation Commission of ABET. Other accreditations come from the Accreditation Commission for Programs in Hospitality Administration and the Accreditation Council for Occupational Therapy Education.
University of Missouri Application Requirements
The university requires a modestly different application process for each type of student, so first-year students, transfer students, international students, military students, and others should check with the school to make sure they’re aware of all required materials. Successful application to the university requires that students earn minimum scores on the SAT and ACT based on their graduating high school GPA. For example, a student in the top 52 percent of their graduating class must earn a 23 on the ACT and between 1130 and 1150 on the SAT. A student in the top six percent of their class must earn a 17 on the ACT and between a 920 and 950 on their SAT. Students who wish to enter graduate programs at the University of Missouri should check with the specific program they want to enter since application requirements vary.
Tuition and Financial Aid
Undergraduate tuition for Missouri residents attending the University of Missouri is $11,252 with a total estimated cost of $28,046 per year when costs like housing, food, books, and supplies are added. Non-residents of Missouri will pay $27,090 for tuition with an estimated total yearly cost of $43,884 when other expenses like housing and transportation are included. Some courses may also have additional course fees, or laboratory fees added. Tuition for graduate students who are Missouri residents is $7.702, and non-residents pay an extra fee on tuition of $11,434. The university estimates that Missouri residents will pay $26,012 for tuition and non-Missouri residents will pay $37,446 for tuition. Some programs may also have additional fees required for supplies, laboratory time, or other costs.
Students will submit a Free Application for Federal Student Aid (FAFSA) if they wish to qualify for loans, grants, or scholarships through the University of Missouri. The schools and colleges of the university offer various scholarships when students enter certain programs. For example, students enrolled in School of Education programs may qualify for Teacher Education Assistance for College and Higher Education Grants or the Carolyn A. Dorsey Scholarship. Students applying for any of the accounting and finance programs offered by the School of Accountancy may qualify for additional aid based on their chosen program, and students should inquire with the financial aid office at the University of Missouri for more information.