Program Overview
The Bachelor of Liberal Studies - Accounting Minor YourPace online program is for those who want a well-rounded education with a focus on numbers. Courses are 100% online and prepare you for roles involving budgeting, inventory, pensions, and taxation. You will work closely with an academic advisor to ensure your work history and previous college experience count toward your UMPI degree.
$1,400 per session
Flat-Rate Tuition
As few as 12 months*
Duration
120
Credit Hours
$1,400 per session
Flat-Rate Tuition
As few as 12 months*
Duration
120
Credit Hours
Prepare for roles in accounting and increase your earning potential with this accredited YourPace online program. Qualify for positions that require an accounting background with the help of this flexible and affordable degree. You will learn theories of accounting, including analysis and preparation of financial statements, stockholder equity, and valuation of inventories. Topics also cover federal taxation, dispositions of property, and an examination of corporate, partnership, and estate taxation. Coursework is 100% online and includes the opportunity to establish and maintain an accounting system for a simulated business.
What Is Competency-Based Education?
Designed to leverage your previous knowledge, college coursework, and work experience, competency-based education enables you to earn your degree at your pace as you demonstrate mastery of relevant academic content.
How our YourPace online programs save you time and money:
- Prove your knowledge, move ahead—the faster you advance, the more you save
- Flat tuition rate per 8-week session, no matter how many courses you complete
- With no weekly deadlines, you control the speed of completion
The University of Maine at Presque Isle is accredited by the New England Commission of Higher Education (NECHE).
As a graduate of this YourPace online program, you will be able to:
- Analyze and prepare financial statements, statements of income and retained earnings, balance sheets, and statements of cash flow
- Develop the skills to effectively communicate financial and non-financial results
- Operate QuickBooks®
- Apply the principles and tools of accounting and finance to real-world challenges
Career opportunities include:
- Bookkeeper
- Accounting Technician
- Manager in Accounting
- Accounting Supervisor
Also available:
“The beauty of this learning format is I can start another CBE while finishing up the final for another, therefore not slowing down my progress or pace.”
– David Falls, UMPI YourPace Online Student
Tuition
Our BLS - Accounting Minor online program offers highly affordable tuition with a flat rate regardless of how many courses you complete each session, with no hidden fees or extra textbook costs. The faster you finish, the more you save!
UMPI is ranked in the Top 10 Regional Colleges in the North for graduates with the least debt. – U.S. News & World Report, 2019.
Calendar
There are six opportunities throughout the year to begin the BLS - Accounting Minor YourPace online program. Find the start date below that works best for you and apply before the application deadline.
| Session | Program Start Date | Application Deadline | Registration Deadline | Tuition Deadline | Last Class Day |
|---|---|---|---|---|---|
| Spring 1 | 01/21/20 | 01/11/20 | 01/15/20 | 01/16/20 | 03/13/20 |
| Spring 2 | 03/16/20 | 03/04/20 | 03/08/20 | 03/09/20 | 05/08/20 |
| Summer 1 | 05/11/20 | 04/27/20 | 05/05/20 | 05/06/20 | 07/03/20 |
| Summer 2 | 07/06/20 | 06/20/20 | 06/28/20 | 06/29/20 | 08/28/20 |
| Fall 1 | 08/31/20 | 08/17/20 | 08/25/20 | 08/26/20 | 10/23/20 |
| Fall 2 | 10/26/20 | 10/12/20 | 10/20/20 | 10/21/20 | 12/18/20 |
Admissions
We’ve made the admission process simple and streamlined so it’s easier for you to get started. Those interested in earning their BLS - Accounting Minor should have the equivalent of a high school diploma and possess some prior college credit and/or work experience.
View full admission requirements [+]
- Submit your free application online
- Provide high school transcript, high school equivalency test (HiSet), or GED
- Provide official transcripts from all colleges and universities attended
- Prior college and/or work experience:
- If you have 0-11 earned credit hours, you will need to have 3 years of post-high school work experience
- If you have 12+ earned credit hours, you will need to have 2 years of post-high school work experience
Submit documents electronically to: edocs@maine.edu
Mailing Address:
Application Processing CenterPO Box 412
Bangor, ME 04402-0412
Fax: 207-581-5456
Applicants may also authorize UMPI to request transcripts on their behalf, at no additional cost, by completing the Transcript Request Form and submitting it via email to umpi-yourpace@maine.edu.
Courses
To earn your BLS - Accounting Minor, you need to complete 120 credit hours of coursework. Each course is built around a series of competencies. Once you have mastered the series, you complete the course. The program includes general education, management minor core, and general elective courses. Using our personalized learning model, we look at your past college credit, prior learning, and work experience to create your custom degree plan.
Students must complete a minimum of 40 credits hours of general education courses.
BUS 150: Introduction to Financial Accounting
Duration: 8 weeks, Self-paced | Credit Hours: 3
Topics include transaction analysis, recording accounting information, and preparation of financial statements. Additional topics include accounting for sales, cost of sales, inventory, and other assets. The emphasis is on communicating financial information to external users. Students use accounting software to establish and maintain an accounting system for a simulated business. Prerequisite: MAT 17 or equivalent.
BUS 220: Managerial Accounting
Duration: 8 weeks, Self-paced | Credit Hours: 3
Accounting for internal decision-making, planning, and control purposes. The manufacturing environment is emphasized. Topics include cost behavior and analysis, relevant costs, job order and process cost systems, budgeting, and standard costs. Prerequisite: BUS 150.
BUS 361: Intermediate Accounting I
Duration: 8 weeks, Self-paced | Credit Hours: 3
Financial accounting and its basic theory. Analysis and preparation of financial statements, statements of income and retained earnings, balance sheet, and statement of cash flows. Accounting treatment of current assets, valuation of inventories, accounting for property, plant and equipment, and depreciation. Prerequisite: BUS 150.
BUS 362: Intermediate Accounting II
Duration: 8 weeks, Self-paced | Credit Hours: 3
Accounting for liabilities, stockholder’s equity, intangible assets, and long-term investments. Accounting for leases, in-come taxes, and pension obligations. Prerequisite: BUS 361.
BUS 377: Federal Taxation I
Duration: 8 weeks, Self-paced | Credit Hours: 3
Determination of individual income taxation including income inclusions and exclusions, deductions, sales, exchanges, and other dispositions of property: Prerequisite: BUS 220.
BUS 378: Federal Taxation II
Duration: 8 weeks, Self-paced | Credit Hours: 3
This course teaches the complex tax concepts of corporate, partnership, and estate and trust taxation. Prerequisite: BUS 220.
Students must take 62 credit hours of general elective courses.
*Time to completion varies by student and is based on several factors including prior college coursework, relevant work experience, amount of time dedicated to studying, and the number of courses completed each session.
