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MBA for Accounting Professionals

The MBA for Accounting Professionals program addresses the needs of international accounting professionals who want to deepen their knowledge of US accounting and audit practices used in multi-national companies and international non-government organizations (NGOs).

Many of our graduates become fully-licensed Certified Public Accountants (CPA) or Certified Management Accountants (CMA).


How It Works

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Students in this track start with an 8-month, full-time academic intensive on campus followed by up to 2 years of credit-bearing, full-time accounting internships with companies in the U.S.

Students engage in ongoing academic coursework to complete their degree requirements. International students can take advantage of training opportunities by means of authorized Curricular Practical Training (CPT).

The entire program is 2.5 years in length.


FAQ

Our next entries are in August and February.
Our students usually make between $45,000 and $70,000 per year.
In the past two years, 97% of our students have been placed in U.S. companies.
Eight months are spent on our campus and then up to two years are spent in Curricular Practical Training.
We are located in Fairfield, Iowa, five hours from Chicago.

Courses & degree requirements

Students can graduate with an MBA in SAP Enterprise Resource Planning for Professionals by completing a minimum of 53 credits. Courses may include:

  • MGT 5150 Financial Accounting Analysis
  • MGT 5160 Managerial Accounting
  • MGT 5043 Financial Accounting Analysis
  • MGT 5131 Business Law and Taxation
  • MGT 5141 Intermediate Accounting I
  • MGT 5142 Intermediate Accounting II
  • MGT 5151 CPA 1: Business Environment and Concepts
  • MGT 5152 CPA 2: Auditing & Attestation
  • MGT 5153 CPA 3: Financial Accounting & Reporting
  • MGT 5154 CPA 4: Regulation
  • MGT 5161 CMA 1: Financial Planning
  • MGT 5162 CMA 2: Financial Decision-Making
  • MGT 5514 Enterprise Performance Management
  • MGT 5910 Practicum
  • FOR 500 The Science of Creative Intelligence or STC 508 Exploring Consciousness

Current class schedule for the MBA in Accounting for Professionals

Featured faculty

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William Graff

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William Graff has extensive experience in teaching internationally. He has been teaching at the University’s partner institution in China and has previously been director of the Maharishi School of Management in Limuru, Kenya. Professor Graff has consulted with the World Bank on finance and accounting systems for the government of Uganda.


College of Business Administration Faculty

Cost & Aid, 2022-23

International MBA Professionals

Typical cost and aid for 8 months of full-time academic on-campus study, followed by up to 3 years of full-time, paid Curricular Practical Training (CPT) with companies in the USA. Program costs are typically covered by an initial payment ($3,500, $5,000 or $7,500) and then a loan for the remaining tuition. The amount of the initial payment will vary according to the qualifications and experience of the applicant. The lowest initial payment ($3,500) would be accorded to those applicants with professional credentials (ACCA, CPA) and years of professional experience.

Cost and Typical Financial Aid
Tuition and fees$28,730
Health Insurance (estimate)$3,506
Housing (on campus, single room) and meals$7,400
Initial Payment*-$3,500 – $7,500
Your Financial Aid-$32,136 – $36,136
Personal expenses, books, unexpected needs (estimate)$2,000
*Initial payment varies according to your qualifications.

  • In order to be issued an I-20 form, applicants need to verify funds for the initial payment ($3,500 – $7,500) and personal expenses ($2,000).
  • Additional living expenses may be incurred while seeking your CPT position.
  • Students who pay the total program cost within 6 months of their entry date will receive a $1,000 tuition reduction.
  • Students who choose an elective extension – third year of CPT – will pay an extra $2,000 per semester or $4,000 per year
  • Total program cost does not include the cost of instruction in the Transcendental Meditation technique ($190) for those who take this instruction at MIU


Tuition, other fees, scholarships, and financial policies are subject to change prior to the entry date.

Entrance requirements

  • 4-year undergraduate degree in business, accounting or information technology; or equivalent
  • At least two years of full-time paid professional work experience. If you do not have this experience, consider our MBA in Accounting which requires no prior experience.
  • Grade point average of B as shown in the US system as 3.0 on a 4.0 scale, or second division rank or higher in India and Nepal.

Graduate Management Aptitude Test (GMAT) is optional.

English language verification

International applicants must submit official English proficiency test scores within the past 2 years of at least 110 on Duolingo, 6.5 on IELTS Academic, 90 on TOEFL iBT or 58 on PTE.


English proficiency tests may also be waived for those who have completed Chartered Accountancy examinations from the United Kingdom (becoming ACCA affiliates or members), India, and Nepal because of the extensive study and testing in English that is required for these certifications. MIU will confirm English fluency through direct interviews and correspondence.

English language verification.

Transcendental Meditation (TM) technique

Before your first class

All MIU students practice the Transcendental Meditation® technique. If you have not learned it yet:

  • Once accepted as a student, the cost of TM instruction is covered through a grant offered by MIU
  • Students can either learn TM upon arrival or prior to enrolling
  • Contact your admissions counselor for details
  • Find information on the TM technique or search for a TM teacher at TM.org

Next Steps

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Our next entries:
Apr 2024Aug 2024Feb 2025

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