benedictine-university

Chicagoland Finance and Accounting Degrees From BU

Benedictine University appears in our ranking of the 50 Best Online Master of Finance Degree Programs.

At Goodwin Hall since 2015, the College of Business awards an Accounting B.B.A. for Benedictine University undergrads seeking Catholic values-centered training to report the monetary standing of public or private organizations. Chaired by Dr. Deborah Cernauskas, the 120-credit sequence offers three concentrations: Business Analytics, Financial Accounting, and Management Accounting. Utilizing the Bloomberg Professional Lab, Goodwin’s Finance B.B.A. teaches daytime majors capital-raising investment tactics. The 120-credit curriculum led by Dr. Elizabeth Ritt covers courses from Risk Management to Currency Trading at an engaging 13:1 ratio. Transfers over age 21 with 60+ credits can instead take 10-week evening Lisle courses in the Accelerated Bachelor of Business Administration.

Surpassing its 40th year, the Finance M.B.A. prepares for advanced workplace responsibilities managing assets. In-person or on Desire2Learn, the 64-unit program headed by Dr. Ricky Holman ends with the Strategic Management capstone in just 18 months. Benedictine also confers the 64-unit Accountancy M.S. directed by Dr. John Draut on-campus for aspiring Certified Public Accountants in Forensic Accounting, Tax, or Auditing.

About Benedictine University

Benedictine University originated in 1887 when Order of Saint Benedict monks began St. Procopius College on Chicago’s Lower West Side to train Czech and Slovak men. In September 1901, it relocated to Benedictine Hall on today’s 108-acre Lisle campus near Argonne National Laboratory. First accredited in 1957, it became fully coeducational and added Benet Academy for high schoolers by 1968. Three years later, the Board of Trustees voted to rename it Illinois Benedictine College. The Benedictine University was adopted in 1996 to recognize the new Master of Science education. From 2003 to 2012, BEN expanded outward by acquiring Springfield and Arizona satellites plus reaching 43 states online. In 2004, Benedictine also partnered with Shenyang Jianzhu University to bring M.B.A. cohorts to China yearly. Endowed for $47.7 million, BEN now has 598 faculty teaching 5,101 Eagles from 15 countries with opportunities like the Volunteer Income Tax Assistance Program.

The U.S. News & World Report ranked Benedictine the 221st best national university and 261st top high school counselor pick. On Niche, BEN boasts America’s 99th best Catholic education, 384th best small classes, 509th safest campus, and 539th most diversity. Times Higher Education honored Benedictine University among its top 800 overall. Forbes declared BEN the 362nd best private school and 222nd most impactful research institution. College Factual noticed Benedictine for the 326th best accounting and 243rd top finance degrees. The Chronicle of Higher Education named BEN the eighth fastest-growing nonprofit. According to Crain’s Chicago Business, Benedictine University has the metro’s seventh biggest M.B.A. enrollment. Crowned an NOAA Weather-Ready Nation Ambassador, Benedictine posted the 453rd best PayScale ROI of $315,000. Washington Monthly also applauded BEN for the 180th highest graduation rate countrywide.

Benedictine University Accreditation Details

On July 19, 2021, Benedictine University will undergo the fifth-year assurance review by the Higher Learning Commission of the North Central Association (HLC-NCA) to retain Level VI accreditation via the AQIP Pathway through 2026 under its 12th president, Mr. Charles Gregory. Headquartered 28 miles east via Interstate 88 in Chicago, this mega 19-state Midwest accreditor is authorized by the U.S. Secretary of Education to evaluate BEN’s 59 baccalaureate, 22 master’s, four doctoral, and 46 certificate offerings. Benedictine is also an approved member of the Council for Independent Colleges (CIC) and American Council on Education (ACE).

Benedictine University Application Requirements

Starting at Benedictine University is considered “moderately difficult” by Peterson’s because only 3,318 of the 5,334 Fall 2017 applicants were okayed for 62 percent acceptance. First-year Eagles ascending into the Accounting or Finance B.B.A. must have completed at least the first semester of senior secondary curricula. Good college-prep courses include four years each of English and Math. Minimum GPAs of 2.5 on the 4.0 scale are strongly preferred. Freshmen at SOAR events typically have scored above 1060 on the SAT or 21 on the ACT. Accelerated Bachelor of Business Administration students must have junior-level college standing and 2+ years of work experience. Transferrable credits only come from accredited schools that are graded “C-” or better. The Daniel L. Goodwin College seeks master’s candidates with qualifying baccalaureate majors and cumulative 2.5 GPAs. Taking the Graduate Management Admission Test becomes optional with grades over 3.2.

Benedictine University has a priority freshman deadline of May 1st, but undergrad transfer admission is rolling year-round. Foreign students with minimum 79 TOEFL iBT results must apply before June 1st for Fall or October 1st for Spring starts. The School of Graduate & Professional Education has final deadlines of August 1st, January 1st, and March 1st. Interested Accounting and Finance majors submit the Common Application or BEN Application online for $40. Official documents like academic records are mailed to 5700 College Road in Lisle, IL 60532. For test scores, use the electronic institutional code of 1707. Don’t forget the 2-4 letters of recommendation, autobiographical statement, résumé, counselor report, and international certification of finances too. Please pose further questions to (630) 829-6300 or admissions@ben.edu.

Tuition and Financial Aid

For 2018-19, Benedictine University is charging traditional Accounting and Finance B.B.A. majors $16,350 per term or $34,290 annually full-time. Taking part-time day courses incurs $1,090 per credit. Student service fees add $795. Living at the Lisle campus’ dorms like Ondrak Hall costs $3,193 to $3,605 each semester. Unlimited meal plans for Krasa Center Dining Commons are $1,785. The Intensive English Program’s price is $6,060 by term. BEN budgets $1,510 for textbooks and $2,600 for personal necessities. Annual bachelor’s attendance is roughly $50,156 on-site and $39,690 with parents. The Accelerated B.B.A. bills adults $680 per credit or $40,800 total. Master of Science in Accountancy students pay $700 per credit or $44,800 combined. Online MBA courses are discounted to $600 per credit, which equals $38,400.

According to the NCES College Navigator, the Office of Financial Aid in Lownik Hall helps 83 percent of full-time BEN Eagles take flight with median assistance of $15,519 each or $40.92 million overall. Business funds include the Arthur J. Scmitt Future Leaders Scholarship, Dr. Margarete Roth Scholarship, Kapellas Entrepreneurial Scholarship, PNC Bank Endowed Scholarship, Christine Francis Rocco Memorial Scholarship, Margaret Mary Sullivan Memorial Scholarship, Robert Griesser Memorial Scholarship, and Sodexo International Scholarship. The St. Benedictine Outstanding Hispanic Award supports any Latinos/as with minimum 3.0 GPAs. The Lisle Savings Bank Scholarship has a January 31st deadline for all DuPage, Will, and Kane County residents. Benedictine Scholars Program recipients receive $22,400 annually for four years. Federal Pell and SEOG Grants provide need-based aid after FAFSA applications coded 001767. Illinois Monetary Award, Veteran Grant, National Guard Grant, and Aim High Grant money applies. Veterans after 1985 receive 36 months of Montgomery GI Bill benefits. Federal Work-Study positions also offer $2,500 on average for campus employment.

Continue reading about Benedictine University at the Daniel L. Goodwin College of Business website.