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Cost & Aid

International MBA in Accounting for Professionals, 2020-21

Typical cost and aid for 8 months of full-time academic on-campus study, followed by up to 2 years of credit-bearing, full-time accounting internships with companies in the USA (Curricular Practical Training, CPT). 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. An example is the table below showing the financial aid available to a student whose initial payment is $7,500:

Cost of Attendance and Typical Financial Aid
Tuition and fees$14,871
Health Insurance (estimate)$2,784
Housing (on campus, single room) and meals$7,400
Initial Payment-$7,500
Your Financial Aid-$17,555
Personal expenses, books, unexpected needs (estimate)$2,000

  • In order to be issued an I-20 form, applicants need to verify funds for the initial payment ($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.
  • 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. For more information, please email or call (641) 472-1110.