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Accountancy

EIU's MBA with Accountancy Concentration prepares you for a career in public accounting, corporate accounting, or government accounting while meeting Illinois' educational requirements to sit for the CPA exam. Delivered through EIU's Lumpkin College of Business in Charleston, the program pairs core MBA coursework with advanced accounting courses in auditing, financial standards, and taxation — all in small classes taught by faculty with real industry experience.

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Accountancy

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Degree Level
Master of Business Administration
Delivery
Hybrid / In Person / Fully Online
Time to Degree
3 Semesters
Credit Hours
33 Total, 33 in Major
Careers
Executives, Officers, General, Managers
Accountancy students at EIU

Why Study Accountancy at EIU?

  • Built around Illinois Board of Examiners requirements, so you graduate having met the state's educational path to CPA licensure
  • Courses taught by faculty who bring industry and research experience into the classroom, not graduate teaching assistants
  • Small class sizes mean real mentorship and one-on-one attention from professors who know your name and your goals
  • Non-accounting undergrads can complete prerequisite accounting courses alongside MBA coursework
  • Designed to sharpen the financial reporting, auditing, and analytical skills that translate into higher earning potential and long-term job security
"My experience at EIU could not have been better. While in the classroom, I got to learn from amazing, engaging faculty who helped build my skills and confidence, and outside of the classroom, I got to be part of an amazing community and make lifelong memories."
Joshua Northam
Accountancy | Class of 2026
Joshua Northam, Accountancy at EIU

Hands-On Experience

  • Internships at organizations like State Farm, CliftonLarsonAllen, and other regional and national accounting firms
  • Through Beta Alpha Psi and the Student Accounting Society, you'll connect regularly with practicing accountants and attend firm presentations
  • Accounting Day puts you in the room with dozens of professionals from 20+ firms actively recruiting accounting talent
  • Classes like the MBA Management Simulation and Data-Driven Storytelling elective let you practice real business and accounting decision-making
  • Tour places like the Federal Reserve and the Illinois CPA Society and get first-hand exposure to professional institutions
Hands-On Experience, Accountancy students at EIU

What You'll Learn

Eastern Illinois University's MBA with Accountancy Concentration is designed for students who want to build a career in public accounting, corporate accounting, or government accounting, and who want to walk away meeting Illinois' educational requirements to sit for the CPA exam.

View in Catalog
$95,880
Median Salary 4 Years After Graduation

Career Outcomes

  • Chief Executives
  • Chief Sustainability Officers
  • General & Operations Managers
  • Sales Managers
  • Administrative Services Managers
  • Facilities Managers
  • Security Managers
  • Industrial Production Managers
  • Quality Control Systems Managers
  • Geothermal Production Managers

Career Insights

Job Outlook ★ Bright Outlook Openings · Grow Rapidly
Preparation Needed Considerable (4/5)
Personality Fit Enterprising

Financing Your Degree Under the 2026 Rules

Federal graduate lending changed on July 1, 2026 - Grad PLUS loans ended for new borrowers and new federal borrowing caps now apply to graduate students. Here's why the math still works at EIU:

Estimated total for this degree: ~$15,147 (tuition and fees)

  • ✓ That's only about 15% of the new $100,000 lifetime graduate borrowing limit - leaving room for whatever comes next in your career.
  • ✓ A typical full-time year here runs about $8,262 - well under the new $20,500 annual federal loan limit. Annual limits are reduced in proportion for part-time enrollment.
  • ✓ Working? If your employer offers it, they can provide up to $5,250 per year tax-free toward your education.

Estimates use 2026-2027 Illinois-resident tuition and fees and typical full-time enrollment. Your actual costs and aid depend on your program, enrollment, FAFSA, and prior borrowing. Students who borrowed for the same program before July 1, 2026 may have different limits.

Talk to EIU Financial Aid → Read about the 2026 federal aid changes
15% of lifetime limit

$15,147 total, just 15% of your $100,000 federal graduate borrowing limit

Connect With Us

Nichole Hugo
Professor Hospitality and Tourism, Graduate Coordinator of Sustainability, MBA Graduate Coordinator
nhugo@eiu.edu
3625 Lumpkin Hall
217-581-8595
Nichole Hugo Message Nichole

Message Nichole

or email nhugo@eiu.edu directly
Farhad Sadeh
Chair, School of Business & Associate Professor of Marketing
fsadeh@eiu.edu
4025
Farhad Sadeh Message Farhad

Message Farhad

or email fsadeh@eiu.edu directly
Billy Panther
Head of Panther Pride
Old Main
217-581-2223
Billy the Panther Message Billy

Message Billy

or email billy@eiu.edu directly

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