The accounting major is designed to provide entry-level knowledge, skills, and concepts for careers in accounting. These careers are generally divided into four broad areas, corresponding to particular employment environments: management accounting, government accounting, accounting education, and public accounting. The career can include such activities as auditing, budgeting, data processing, controlling costs, providing tax advice, meeting tax requirements, and designing and analyzing financial systems.
Practicing accountants generally acquire one or more certifications available to members of the profession. The most common certification is the Certified Public Accountant (CPA), conferred by the State Board of Public Accountancy of the state in which the individual maintains his or her license. Other certifications include the Certified Management Accountant (CMA), the Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), and others.
The Texas State Board of Public Accountancy has set the minimum educational requirements for taking the CPA examination at 150 semester hours. Students aspiring to an accounting career should give serious consideration to pursuing advanced studies at the graduate level to enhance their potential for a successful accounting career. Accounting students should be aware that requirements to sit for the CPA examination in Texas may change at any time. CPA requirements are determined by the Texas State Board of Public Accountancy (TSBPA). Students should frequently visit the TSBPA website at http://www.tsbpa.state.tx.us/> and check with their advisor on a regular basis to ensure that the courses they are taking will qualify them to sit for the CPA exam.
For students who have received their undergraduate degrees, the Department of Accounting, Business Law, and Finance offers an avenue to pursue graduate studies to meet the State qualifications for professional certification through the Master of Accountancy (MAcc). This option is described in the College of Business section of the Graduate Catalog. Students are encouraged to contact the Director of Master’s Programs in the College of Business for more information and answers to specific questions.
Student Learning Goals
- To Be Effective Communicators
- To Be Competent in Business Practices
- To Be Good Decision Makers
- To Be Good Citizens
Major Field Test
As an integral part of the College of Business’ Assurance of Learning program, the Major Field Test (MFT) is a nationally-normed, standardized multiple-choice test developed by the Educational Testing Service and administered to senior-level business students at many AACSB International accredited institutions in the United States. It is designed to measure students’ academic achievement through demonstration of their basic knowledge and understanding of key concepts, theories, and analytical methods in the functional areas of business. This test covers the areas of accounting, economics, finance, international issues, legal and social environment of business, management, marketing, quantitative business analysis, and information systems.
The MFT is required for all students pursuing the Bachelor of Business Administration degree. Students register for the MFT in BUSI0088, Major Field Test in Business. To prepare for this test, business majors are advised to retain their class notes, textbooks, and other relevant materials from their business core courses in the areas referenced above. Completion of all College of Business core courses except MGMT 4388 is required. BUSI 0088 is CR/NC.
Student Learning Outcome: Students will demonstrate an understanding of the principles and practices common to the major areas of accounting.
Complete the Business Foundation Curriculum in the freshman and sophomore years.
General Requirements for BBA Degree
All students seeking BBA must complete:
*Full-time, first time in college students are required to take the first-year seminars.
University Core Curriculum Requirements
Business Core Requirements
Course prerequisites are strictly enforced.
*Higher level mathematics course may be accepted as a substitute with approval.
Accounting Major Courses (18 sem. hrs.)
Accounting Electives (6 sem. hrs.)
Additional Electives Required for all Business Majors:
- Upper-level Business Elective 3 sem. hrs.
- Business Elective 3 sem. hrs.
- Non-Business Elective 3 sem. hrs.
Pathway to the Master of Accountancy
Students who have been admitted into Master of Accountancy program and have fifteen or less student credit hours to complete the Bachelor of Business Administration degree in Accounting may enroll in graduate accounting coursework with the approval of the Director of Masters Programs.
Alternatives for Students Planning to take the CPA Examination - The 150-Hour Requirement for CPA Examination:
- Complete a BBA degree, majoring in Accounting, and complete the Master of Accountancy (MAcc).
- Complete a BBA degree, majoring in Accounting, and complete a Master of Business Administration (MBA). A minimum of 30 semester hours in accounting coursework is required.
- Complete a BBA degree, majoring in Accounting, take 6 or 9 semester hours of additional accounting courses as part of the business electives, and additional coursework to satisfy the 150 total semester credits requirement.
- Additional education requirements:
- Communication education requirement:
- MGMT 3315, Communicating in Business, or
- ACCT 5341, Advanced Auditing and Assurance Services, or
- ACCT 5381, Accounting Theory.
- Research education requirement:
- ACCT 3321, Federal Income Tax I, and ACCT 4311,Auditng Principles and Procedures, or
- ACCT 5371, Tax Consulting, Planning, and Research
- Ethics education requirement:
- ACCT 4345, Ethics for Accountants and Business Executives, or
- ACCT 5345, Ethics for Accountants and Business Executives
- Note: ACCT 4345 and ACCT 5345 do not count toward the 30 semester hours in upper level accounting requirement and a student may not take both ACCT 4345 and ACCT 5345.
See the College of Business section of the Graduate Catalog for details on these programs. (An advanced degree is not currently required to meet the 150-hour standard for becoming a candidate for the CPA examination.) See the Texas State Board of Public Accountancy website for more information: https://www.tsbpa.state.tx.us.