Our Lady of the Lake University


Accounting and Finance Degree Programs at Our Lady of the Lake University

Our Lady of the Lake University appears in our ranking of the Top 10 Online Master’s in Accounting Degree Programs.

Our Lady of the Lake University is home to many organizations for business majors who want to learn more about the opportunities available to them. The Accounting Association allows students to talk about trends in the accounting profession and hear about new changes in the industry. Students with a GPA of 3.25 or higher can join Delta Mu Delta, which is the honors society for business majors. This society also accepts graduate students with a GPA of 3.85 or higher.

The university offers a Bachelor of Business Administration (BBA) program with concentrations in both accounting and finance. Students in both programs must take the same 36 credits of courses in the business core, but they will also take courses relating to their concentrations. Accounting majors will take 39 credits of courses that include Individual Income Taxation, Intermediate Financial Accounting I and II, Cost Accounting, Advanced Financial Accounting, and Financial Institutions and Markets. Finance majors will take 33 courses of classes, including Investment Analysis, Research Methods, Productions and Operations Management, and Information Systems and Information Technology.

Also available from the university is a Master of Science (M.S.) in Accounting. This advanced program includes an accounting core that is worth 24 credits. That core includes courses such as Internal Auditing, Managerial Control System, Federal Tax Research, Business Income Taxation, and Forensic Accounting and Fraud Examination. Students must also take Contemporary Topics in Accounting and Professional Ethics for Accountants. The university designed this program as a way to help students prepare for the licensing examinations that they’ll take once they graduate such as the Certified Public Accountant (CPA) exam.

About Our Lady of the Lake University

Our Lady of the Lake University is a private university affiliated with the Roman Catholic Church through its Congregation of Divine Providence. Established in 1895, the university opened with a curriculum that included a small number of high school programs. It added its first college programs in 1911, which were originally only available for women. The college added coeducational programs at the end of the 1960s and introduced graduate programs a few years later. It also added something called the Weekend College, which offered weekend classes for adult students. A version of this program is still available on the university’s Houston campus.

Also called OLLU, it now has a small campus in Houston and a large campus in San Antonio. Students can enroll in two doctoral programs, 14 graduate programs and more than 30 programs designed for undergrads. OLLU was the first university in San Antonio to receive regional accreditation from a major organization, which helped its enrollment grow. The university now has an enrollment that includes more than 3,000 students. Roughly half of those students are in its graduate and post-graduate programs.

Our Lady of the Lake University Accreditation Details

All the accounting and finance programs offered by OLLU have accreditation from the Accreditation Council for Business Schools and Programs (ACBSP). Those programs received accreditation because they prepare students for the future exams they will take and the work they will do and because the programs offer practical learning experiences for students. OLLU also has institutional accreditation from the Southern Association of Colleges and Schools (SACS), which is why it can accept credits from other schools and grant financial aid to any student in need.

Our Lady of the Lake University Application Requirements

OLLU asks that undergrads pick the campus they want to attend when filling out the application. Though most students apply to the San Antonio campus, some will want to take classes on the university’s Houston campus. Undergrads applying to more than one school can use the Apply Texas website to save some time, but students can also use the OLLU application. Students with a GPA of 2.5 or higher need to score a minimum of 840 on the SAT or 15 on the ACT. Those with a GPA of between 2.0 and 2.49 need to score 880 on the SAT or 17 on the ACT. The university asks that students submit their transcripts and test scores after completing the application.

The requirements for the M.S. program are stricter, but the university offers conditional acceptance for those who don’t meet all the requirements. Conditional students will need to take prerequisite classes and maintain a minimum GPA of 3.0 to remain in the program. OLLU asks for an application and a small application fee and asks that students do not apply to the program until they are in their final years of a bachelor’s degree program at a school with regional accreditation. Students will need to submit a GMAT or MAT score, two letters of recommendation, their official transcripts and a resume that makes note of any management or professional experience they have. The university also asks that prospective graduate students have a minimum GPA of 2.5 in their majors or a cumulative GPA of at least 3.0 in the final 60 credits of classes taken.

Tuition and Financial Aid

The total cost that undergrads pay to attend OLLU is $43,500 a year. This includes nearly $10,000 for room and board. Students who live at home and commute to the campus pay $30,400 a year. The university offers ways for students to save money, including letting them skip the charge for health insurance if they already have coverage and opting for a different type of dorm room or meal plan. OLLU charges graduate students $907 per credit hour for each class they take in the accounting program. All students face added costs for their textbooks.

Students who need extra time paying their costs can sign up for one of the four payment plans offered by the university. These plans allow students to make up to four payments each semester to pay off their costs over 16 weeks. Students can take classes and get credit as long as they follow the requirements of those plans. They can also apply for financial aid through the FAFSA. This is what helps students get grants and scholarships as well as loans, though they can also apply for alternative loans if needed. Financial aid packages from Our Lady of the Lake University provide funding to both undergrads and graduate students with an interest in finance and/or accounting.