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Curtis L. Carlson School of Management

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Twin Cities Campus

Accounting B.S.B.

Accounting
Curtis L. Carlson School of Management

• Requirements for this program are current for Spring 2010.
• Required credits to graduate with this degree: 120.
• Required credits within the major: 78.
• Degree: Bachelor of Science in Business.

Accounting is the process of gathering financial information and presenting it in a manner that will help others make better decisions. Accountants also are frequently called upon to analyze financial information and provide important business advice. The terms and definitions that have emerged from the discipline of accounting are used widely within industry. In fact, accounting is commonly described as the "language of business."

With increased automation over the years, the role of accountants has changed dramatically. Accountants have become recognized as valued business advisers and important members of an organization's management team.

The major areas of study within the accounting curriculum are financial accounting, management accounting, income taxation, auditing, and business law.

Admission Requirements

  Freshmen and transfer students are usually admitted to pre-major status before admission to this major.

A GPA above 2.00 is preferred for the following:
   3.0 for students transferring from another University of Minnesota college.
   3.0 for students transferring from outside the University.

Students in the school have no restrictions on declaring the major but must complete the tool courses before continuing with the major requirements. Students from outside of the school must meet overall admission standards to enter this major, including completion of the tool courses. Students entering as sophomores should complete microeconomics, macroeconomics and calculus prior to transfer. Students entering as juniors should complete microeconomics, macroeconomics, calculus, statistics, and accounting prior to transfer.

For information about University of Minnesota admission requirements, visit the   Office of Admissions Web site.

 Tool Courses
      ECON 1101 - Principles of Microeconomics, IP, SSCI (4.0 cr)
   or APEC 1101 - Principles of Microeconomics, SSCI (3.0 cr)
   or ECON 1101H - Honors Course: Principles of Microeconomics, IP, SSCI, H (4.0 cr)
   or APEC 1101H - Principles of Microeconomics, SSCI, H (4.0 cr)
   or ECON 1104 - Principles of Microeconomics, IP, SSCI (4.0 cr)
      ECON 1102 - Principles of Macroeconomics, IP, SSCI (4.0 cr)
   or APEC 1102 - Principles of Macroeconomics, IP, SSCI (3.0 cr)
   or ECON 1105 - Principles of Macroeconomics, IP, SSCI (4.0 cr)
   or APEC 1102H - Honors: Principles of Macroeconomics, IP, SSCI, H (4.0 cr)
      MATH 1142 - Short Calculus, MATH (4.0 cr)
   or MATH 1271 - Calculus I, MATH (4.0 cr)
   or MATH 1571H - Honors Calculus I, MATH, H (4.0 cr)
      OMS 2550 - Business Statistics: Data Sources, Presentation, and Analysis (4.0 cr)
   or OMS 2550H - Honors: Business Statistics: Data Sources, Presentation, and Analysis, H (4.0 cr)
      ACCT 2050 - Introduction to Financial Reporting (4.0 cr)
   or ACCT 2050H - Honors: Introduction to Financial Reporting, H (4.0 cr)

General Requirements

All students are required to complete general University and college requirements including writing and liberal education courses. For more information about University-wide requirements, see the liberal education requirements.

Program Requirements

Effective July 1, 2006: Students who wish to earn the Certified Public Accountant (CPA) certification will need to complete 150 credit hours of coursework.

 Lower Division Requirements
 Students entering the program as freshmen or sophomores take MGMT 1001. Students who transfer in as juniors complete MGMT 3001 instead.
     PSY 1001 - Introduction to Psychology, SSCI (4.0 cr)
     BA 3000 - Career Skills (1.0 cr)
      MGMT 1001 - Contemporary Management (3.0 cr)
   or MGMT 3001 - Fundamentals of Management (3.0 cr)

 Immersion Core
 Students complete the Immersion Core as a cohort.
     FINA 3001 - Finance Fundamentals (3.0 cr)
     MKTG 3001 - Principles of Marketing (3.0 cr)
     OMS 3001 - Introduction to Operations Management (3.0 cr)
     MGMT 3004 - Business Strategy (3.0 cr)

 Additional Core Requirements
     ACCT 3001 - Introduction to Management Accounting (3.0 cr)
     IDSC 3001 - Information Systems for Business Processes and Management (3.0 cr)
     HRIR 3021 - Human Resource Management and Industrial Relations (3.0 cr)
      MGMT 3033W - Business Communication, WI (3.0 cr)
   or MGMT 3033V - Honors: Business Communication, WI, H (3.0 cr)

 Major Courses
     ACCT 5101 - Intermediate Accounting I (4.0 cr)
     ACCT 5102 - Intermediate Accounting II, WI (4.0 cr)
     ACCT 5125 - Auditing Principles and Procedures (4.0 cr)
     ACCT 5135 - Fundamentals of Federal Income Tax (4.0 cr)
     ACCT 3201 - Intermediate Management Accounting (2.0 cr)
     BLAW 3058 - The Law of Contracts and Agency (4.0 cr)
  Take 4 or more credit(s) from the following:
    ·  ACCT 5160 - Financial Statement Analysis (2.0 cr)
    ·  ACCT 5180 - Consolidations and Advanced Reporting (2.0 cr)
    ·  ACCT 5236 - Introduction to Taxation of Business (2.0 cr)
    ·  ACCT 5310 - International Accounting (2.0 cr)
    ·  ACCT 5320 - Current Topics in Accounting (2.0 cr)
    ·  IDSC 4411 - Accounting Information Systems and IT Governance (2.0 cr)

 International Experience
 Students must complete an international experience as part of the program requirements. Short-term programs or semester-length programs may be used to meet this requirement. Students participate in International Experience (IE) 101 early in their program to begin planning.

Program Sub-plans

A sub-plan is not required for this program.

Honors UHP

This is an honors sub-plan.

Students admitted to the University Honors Program (UHP) must fulfill UHP requirements in addition to degree program requirements. For any course required in a degree program, UHP students must register for the honors version if one is offered. Honors courses used to fulfill degree program requirements will also fulfill UHP requirements.

CSOM students are encouraged to participate in the Emerging Leaders Program as one of their honors experiences.

 

More program views..

View college catalog(s):
· Carlson School of Management

View sample plan(s):
· Accounting
· Accounting with semester abroad
· Accounting with semester abroad
· Accounting with semester abroad
· Accounting with semester abroad

View checkpoint chart:
· Accounting B.S.B.
 
 
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