Accounting Schools in the Minneapolis Area
Students in Minneapolis seeking degree programs in accounting have plenty of options. This article explores three institutions no more than 10 miles from downtown and the accounting programs they offer. Also included are statistics on important areas, such as each school's enrollment, tuition, graduation rate and acceptance rate, compiled into a table for easy comparison. At the end of the article is a lengthy list of other Minneapolis-area schools with accounting programs.
- Augsburg College is about two miles from the Minneapolis city center. It offers a bachelor's degree in accounting in addition to a minor option in the field.
- Five miles from downtown, Hamline University offers a Bachelor of Business Administration (BBA) in Accounting.
- University of Minnesota - Twin Cities, about two miles from downtown, offers a Bachelor of Science in Business (BSB) in Accounting and a Master of Accountancy, as well as a certificate program in accounting. Students can also minor in accounting at this school.
Comparison of Schools
The following table contains information that prospective students should know as they consider which school to attend.
|Augsburg College||Hamline University||University of Minnesota - Twin Cities|
|School Type||4-year, private not-for-profit||4-year, private not-for-profit||4-year, public|
|Total Enrollment (2017)||3,562*||3,734*||51,848*|
|Campus Setting||Large city||Large city||Large city|
|Undergraduate Tuition & Fees (2017-2018)||$37,615*||$40,332*||$14,417 in-state; $26,603 out-of-state*|
|% of First-Year Students Receiving Some Form of Financial Aid (2016-2017)||100%*||100%*||81%*|
|Acceptance Rate (2017)||65*||69%*||50%*|
|Retention Rate (2017)||77% for full-time students*||84% for full-time students*||93% for full-time students; 75% for part-time students*|
|Graduation Rate (for students beginning in 2011)||62%*||67%*||80%*|
Source: *College Navigator, National Center for Education Statistics.
Students prepare for entry-level accounting positions like an auditor or public accountant. Students also prepare for the Certified Management Accountant (CMA) and Certified Public Accountants (CPA) exams; however, additional study and job experience may be required to qualify for the CPA license since the undergrad degree requirements won't fulfill all 150 credit hours that are required for CPA licensing eligibility.
Minor in Accounting
In order to complete this minor, students need to take six courses in accounting. Students may learn about financial and managerial accounting, intermediate accounting, financial management and managerial cost accounting.
Bachelor of Arts in Accounting
Students in this undergraduate program take business core and accounting coursework. Required classes include tax accounting, auditing and advanced accounting. Juniors may apply to the school's joint Bachelor of Arts in Accounting/Master of Arts in Leadership degree program; upon completion of this 5-year program, students will have earned the required 150 hours necessary to qualify for the CPA certification.
This university offers a bachelor's degree program that focuses on both practical and theoretical accounting principles. Students will develop the communication and analytical skills beneficial in performing accounting work.
Bachelor of Business Administration in Accounting
Students learn about accounting topics like micro and macroeconomic analysis, intermediate accounting, cost accounting, business taxation, advanced accounting and auditing. Courses in public speaking and writing help students improve their communication skills. The program also includes classes in statistics, business law and finance.
University of Minnesota - Twin Cities
Students have several choices in accounting programs at this school. The minor and undergrad programs provide basic foundational business and accounting coursework; they are offered as one of several majors or minors within the Bachelor of Science in Business (BSB) degree program. The graduate program is designed for working accountants who want to fulfill the 150 semester hours required for the CPA licensing.
Minor in Accounting
In order to complete this minor, students must earn 12 credits. Two classes in intermediate accounting are required. The remaining class is a student-selected course from among choices in federal income tax, analysis of financial statements, consolidations and advanced reporting and international accounting.
Bachelor of Science in Business in Accounting
Students in this undergraduate major take 26 credits of required core courses in intermediate accounting, auditing principles, intermediate management accounting and federal income taxation. Students can also choose electives in subjects like internal auditing, business taxation, consolidations, international accounting and current topics in accounting.
This undergraduate certificate program requires 54-60 credits and educates students on a wide variety of accounting and business principles like taxation, financial reporting and economics. The program - offered on a daytime, evening or online schedule - can help students prepare for the CPA and CMA exams. Specific courses include intermediate accounting, auditing principles, finance fundamentals and more. Admission requirements include completion of a minimum of 60 semester college credits with a minimum GPA of 2.75, and students may begin during any term. Students with a bachelor's degree in a non-accounting field may complete this program as a prerequisite to applying to the Master of Accountancy degree program.
Master of Accountancy
This program provides coursework in the field of accounting, taxation, finance, supply chain and operations management, information systems and marketing, and it meets students' educational qualifications to sit for the CPA exam. The school offers two tracks to meet the needs of those with accounting or non-accounting undergraduate degrees. Students may take specific courses in internal control, Securities and Exchange Commission operations and accounting/information systems. Electives in general business, accounting and tax are also required.
Other School Options
There are several additional schools offering accounting programs in the Minneapolis area. Private not-for-profit schools include Concordia University - Saint Paul, about six miles away from downtown Minneapolis, as well as St. Catherine University and University of St. Thomas, about the same distance away. Northwestern College is about six miles from downtown Minneapolis. Area public schools include Metropolitan State University, a 4-year public school about 11 miles from Minneapolis and Hennepin Technical College, a 2-year public school about the same distance from the city.