Accountancy
The Accountancy knowledge domain serves the needs of students who want strong financial skills. This concentration will be recorded on the student's transcript and will attest to a concentrated study of the accounting discipline.
Suggested tracks within Accountancy
Financial Statement Analysis
- ACCY 225: Financial Reporting Standards
- ACCY 266: Corporate Reorganization and Affiliation
- ACCY 291: Financial Statement Analysis
- One additional ACCY Class of the student’s choice
Public Accounting
- ACCY 225: Financial Reporting Standards
- ACCY 261: Federal Income Taxation
- ACCY 266: Corporate Reorganization and Affiliation
- ACCY 275: Contemporary Auditing Theory
Controllership
- ACCY 221: Cost and Budget Analysis
- ACCY 282: Accounting Information Systems
- ACCY 291: Financial Statement Analysis
- One additional ACCY Class of the student’s choice
Taxation
- ACCY 261: Federal Income Taxation
- ACCY 263: Federal Income Taxation of Corporations
- ACCY 211: Business Law: Contracts, Torts, and Property
- ACCY 290: International Gift and Estate Taxation
Some students choose not to follow any of the four tracks indicated above. ANY FOUR classes in ACCY are sufficient for a concentration.
CPA requirements
- Each state has different requirements to become a CPA.
- The CPA exam requires credit hour prerequisites.
- See the Institute of Management Accountants for a summary of each state’s requirements.
- Credit hours that can be counted toward the CPA exam (State rules apply)
- 4 credits of Accountancy are taken in the core: MBAD 210 and MBAD 211
- 12 credits are taken as a concentration.
- 3 additional credits can be taken as an elective.
- ACCY 211 and 212 (Business Law) can be taken as electives.
- 25 possible credits during the MBA.
Recommended electives for non-accountancy students
- ACCY 225: Financial Reporting Standards
- ACCY 291: Financial Statement Analysis
- ACCY 211: Business Law, Contracts,
- ACCY 212: Business Law Enterprise Org.
- ACCY 251: International Accounting
- ACCY 261: Federal Income Tax
Career Objectives for MBAs in Accountancy
- Investment analysis demands a comprehensive understanding of financial statements.
- Financial management makes use of principles of management control, product costing and budgeting.
- Banking employs lending officers who make decisions that rely on a thorough understanding of financial business plans based on accounting information.
- Management information systems specialists focus on financial planning, control and reporting systems, forensic accounting.
Possible Job Titles for MBAs in Accountancy
- Chief Financial Officer
- Controller
- Financial Analyst
- Finance Director
- Business Analyst
A Selection of Companies Hiring MBAs in Accountancy
- Deloitte and Touche
- Ernst and Young
- KPMG
- Fannie Mae
- GAO
- Independent CPA firms and partnerships