Online Master's of Accounting (iMSA)

University of Illinois Urbana-Champaign



At a cost well below other top accounting programs, our iMSA is one of the most affordable gateways to one of the fastest growing occupations.

Students can complete the degree in as few as 4 semesters (18 months) or as many as 8 semesters (36 months).

At $850 per credit hour for a specific iMSA accounting course, a 4-credit-hour accounting course would cost $3,400 and a 2-credit-hour course would cost $1,700. At $307 per credit hour for a non-accounting elective course, a 4-credit-hour course would cost $1,228 and a 2-credit-hour course would cost $614.

Estimated Expenses:

  • Credit hours required: 32
  • Cost per credit hour: $850 for accounting and accounting Electives, $307 for non-accounting electives
  • Total tuition: $20,684 – $27,200 depending on elective course choices*

*Annual inflation rate adjustments to tuition possible. Additional costs for case packets may be incurred. Student participation in immersion, alumni, and networking events are not included.


You won’t be billed up front for the whole degree. Instead, you’ll pay as you go - each time you take a course, you’ll pay the tuition just for that course. If something comes up due to work, family, or other life commitments, and you need to take a term off, you won’t be charged during that term.

Scholarship Opportunities

Gies College of Business and Coursera have partnered to offer a limited number of competitive scholarships covering 70% of tuition for qualified students. Recipients will be selected based on need, academic standing, and essay submissions. The scholarship application can be completed within your graduate college application. Scholarship applications are only open throughout certain periods of the year. Please check the iMSA admissions page to see which deadlines you can apply for scholarship consideration.

Financial Aid

To learn more about financing your degree, visit the Degrees Financial Resources Hub.

Tuition Reimbursement

Students are encouraged to seek tuition reimbursement through their employer. We recommend that you speak with your manager or HR department to see what’s available to you as an employee.

Payment Plans

All students are eligible for university payment plans that allow you to break up tuition costs into monthly payments.

Student Loans

Federal financial aid is available for domestic (U.S.) students. If you are a U.S. citizen or permanent resident, you may qualify for federal student aid. Please visit the Office of Student Financial Aid for more information.

To apply for federal student loans, complete your Free Application for Federal Student Aid (FAFSA) at

Read more about Federal Direct Loans at the Department of Education website. To qualify for federal student loans a student must be enrolled in at least 4.5 credits per semester.

Your total financial aid (scholarships, fellowships, and all education loans) cannot be more than the estimated expenses plus tuition and fees.

Additional Resources

The Illinois Office of Student Financial Aid offers the following information on different ways to pay for your degree:

Grants Scholarships Waivers Loans International Students Veterans Tax Credits

Coursera does not grant credit, and does not represent that any institution other than the degree-granting institution will recognize the credit or credential awarded by the institution; the decision to grant, accept, or transfer credit is subject to the sole and absolute discretion of an educational institution.

We encourage you to investigate whether this degree meets your academic and/or professional needs before applying.