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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 i-$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 intadmis@miu.edu or call (641) 472-1110.