Bachelor of Liberal Studies – Accounting Minor

Your pathway to online degree completion

Next Session Start Date:

Apply by: 06/11/24

Document Deadline: 06/14/24

Confirmation Deadline: 06/21/24

Start Session: 07/01/24

Program Overview

Get to know our online Bachelor of Liberal Studies – Accounting Minor program

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 your academic advisor and faculty to determine if your work history and previous college experience count toward your UMPI online degree.

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 online liberal studies 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

Accounting career opportunities include:

  • Bookkeeper
  • Accounting Technician
  • Manager in Accounting
  • Accounting Supervisor

Also available:

$1,500* per session

Flat-Rate Tuition

12 months**



Credit Hours

UMPI is ranked among the Top 10 Regional Colleges in the North for graduates with the least debt. – U.S. News & World Report, 2023.

“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 Student


Email us at

Or call 207-768-9433


Our budget-friendly tuition can be paid as you go

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!

*Tuition and fees are subject to change

Tuition breakdown:

$1,500* per session

Flat-Rate Tuition


Dates you need to know

There are six opportunities throughout the year to begin our YourPace online program. Find the start date below that works best for you and apply before the application deadline. Please note, application and document deadlines are the same. UMPI must receive all documents including official transcripts by the document deadline to be considered. Transcripts can often take 10 or more business days from the request date to be received by UMPI, please plan accordingly.

TermApp DeadlineDocument DeadlineConfirmation DeadlineRegistration DeadlineTuition DeadlineStart DateClass End DateTerm Length
Spring 202/06/2402/09/2402/16/2403/05/2403/07/2403/11/2405/03/248 weeks
Summer 104/02/2404/05/2404/12/2404/30/2405/02/2405/06/2406/28/248 weeks
Summer 206/11/2406/14/2406/21/2406/25/2406/27/2407/01/2408/23/248 weeks
Fall 107/26/2408/02/2408/09/2408/27/2408/29/2409/03/2410/25/248 weeks
Fall 209/20/2409/27/2410/04/2410/22/2410/24/2410/28/2412/20/248 weeks

Have questions or need more information about online programs?

Ready to take the next step toward earning your degree online from UMPI?


Read the details of our online BLS – Accounting program

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.

Admission Requirements:

No Application Fee

Minimum 1.75 GPA

Admissions Requirements and Guidelines for Undergraduate Programs

  • Students must be 20 years of age at the time of application.
  • High school diploma or equivalent (e.g., HiSet, GED)
  • Minimum cumulative college of GPA 1.75 from most recently attended institution
    • Submission of all official transcripts:Transcripts are only considered official if they are sent directly to UMPI from the granting institution or their electronic ordering service. Student-submitted transcripts are not accepted.
    • College credits with a cumulative GPA of less than a 1.75 must also submit a resume to indicate activities and experience post high school diploma (or equivalent). An interview may be required.
  • Students who do not have any college credits must submit the following:
    • Provide high school transcript, high school equivalency test (HiSet), or GED
    • A resume to indicate activities and experience post high school diploma (or equivalent)

Instructions for international students:

  • All international transcripts will only be accepted if the student provides them through an evaluation service. The evaluation agency must be a member of NACES or AICE. We will not accept unofficial copies (e.g., from the student)
  • Canadian schools and universities from a French-only institution (mostly in the province of Quebec) must be evaluated
  • International students are required to demonstrate English proficiency by submitting scores from an English language proficiency test taken no more than two-years prior to date of application

Additional guidelines for international applicants may be found here.

**Student under 20 years of age do not meet the requirements for the YourPace programs. We do offer other programs that may meet your needs. If you would like more information about our traditional programs, please visit You can also reach out to the Admissions Office at or by calling 207.768.9433.

Institutions and third-party vendors may submit official documents such as official transcripts and English proficiency exam score reports to:

Mailing Address:

Application Processing Center
PO Box 412
Bangor, ME 04402-0412


Take a look at the online Bachelor of Liberal Studies – Accounting Minor curriculum

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. Using our personalized learning model, we look at your past college credit, prior learning, and work experience to create your custom degree plan.

The program includes 40 credit hours of general education courses, 18 credit hours of Accounting Minor core courses, and 62 credit hours of electives.

Duration: 8 weeks | 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. Must be taken before BUS 220.

Duration: 8 weeks | 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 325.

Duration: 8 weeks | 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.

Duration: 8 weeks | Credit Hours: 3

Accounting for liabilities, stockholders’ equity, intangible assets, and long-term investments. Accounting for leases, income taxes, and pension obligations. Prerequisite: BUS 361.

Duration: 8 weeks | Credit Hours: 3

Determination of individual income taxation including income inclusions and exclusions, deductions, sales, exchanges, and other dispositions of property: Prerequisite: BUS 220.

Duration: 8 weeks | Credit Hours: 3

This course teaches the complex tax concepts of corporate, partnership, and estate and trust taxation. Prerequisite: BUS 220.

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Submit the form below, and an Enrollment Specialist will contact you to answer any questions.

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Start your application today!

Email us at

Or call 207-768-9433

for help with any questions you have.

*Tuition and fees are subject to change.

**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.