Assumption College

Academics - Assumption College: Accounting - Degree Requirements

 
Accounting
 
Degree Requirements

The accounting major requires that students take 9 accounting courses (27 credits) and 9 interdisciplinary courses (27 credits) as part of their core accounting curriculum. To earn a minor in accounting, students must take 6 accounting courses (18 credits) and 1 management or marketing course (3 credits).


Major in Accounting


Required courses:

  • ACC 125 Principles of Accounting I

  • ACC 126 Principles of Accounting II

  • ACC 200 Intermediate Accounting I

  • ACC 201 Intermediate Accounting II

  • ACC 320 Advanced Accounting

  • ACC 210 Cost Accounting

  • ACC 211 Accounting Information Systems

  • ECO 110 Microeconomics

  • ECO 111 Macroeconomics

  • MAT 117 Calculus I

  • CSC 113 Introduction to Computer Science

  • MGT 100 Management and Organizational Behavior

  • MKT 101 Principles of Marketing

  • ECO 115 Statistics

  • BUS 215 Business Law I

  • ACC 310 Federal Income Taxes

  • ACC 420 Auditing (may be taken with Auditing Lab for 4 credits - seniors only)

  • ECO 325 Corporate Finance

Electives:

  • BUS 316 Business Law II

  • ACC/MGT 331 Fraud Examination

  • ACC 350 Personal Financial Management

  • ACC 399 Internship in Business

  • ACC 430 Ethics and Professional Responsibilities for Accountants

  • IDS 250 Individual Income Tax Assistance

  • Other business studies courses

To qualify for CPA certification in Massachusetts you must take:

  • ACC/MGT 331 Fraud examination or IDS 250 Individual Income Tax Assistance

  • BUS 316 Business Law II OR ACC 350 Personal Financial Management OR ACC 430 Ethics and Professional Responsibilities for Accountants

Minor in Accounting


Required courses:

  • ACC 125 Principles of Accounting

  • ACC 126 Principles of Accounting II

  • MGT 100 Management and Organizational Behavior OR MKT 101 Principles of Marketing

Electives (Students choose 4):

  • ACC 200 Intermediate Accounting

  • ACC 201 Intermediate Accounting II

  • ACC 210 Cost Accounting

  • ACC 211 Accounting Information Systems

  • IDS 250 Individual Income Tax Assistance

  • ACC 310 Federal Income Taxes

  • ACC 320 Advanced Accounting

  • ACC 330 Fraud Examination

  • ACC 350 Personal Financial Management

  • ACC 420 Auditing

  • ACC 430 Ethics and Professional Responsibilities for Accountants

CPA candidates should note that most states, including Massachusetts, require 150 college credit hours to become certified public accountants (CPAs). A traditional undergraduate degree provides 120 hours. Students planning to take the Uniform Certified Public Accountant (CPA) examination should consult with an accounting advisor in the fall of your junior year regarding requirements to sit for the exam and to qualify for CPA licensing.


BA/MBA Program


Assumption’s BA/MBA program is designed to enable accounting majors who are likely CPA candidates to begin their graduate studies during their senior year. They satisfy the additional 30-hours requirement and receive both a BA and MBA degree in 5 years.


To be considered for this program, students must have an overall GPA of 2.75 and a GPA of 3.0 in accounting.


In the spring semester of their junior year, students obtain written permission from the Dean of the College and the director of the MBA program to enroll in graduate MBA courses. Candidates formally apply to the program no later than November 1 of their senior year. Senior accounting majors who are accepted into the program may substitute two MBA courses to meet graduation requirements.


 

 

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Leslie Lupien

Pomfret, CT

Leslie balances basketball, majoring in Biology, and minoring in Sociology