Students who wish to earn the Bachelor of Business Administration with a major in accounting must be admitted to the accounting program. Undergraduate accounting majors are subject to the probation and dismissal rules described in the Bachelor of Business Administration section of the Catalog and are governed by the Tippie Honor Code.
The B.B.A. is not sufficient preparation for CPA licensure in states that have passed a 150-hour law, including Iowa.
The Bachelor of Business Administration with a major in accounting requires a minimum of 120 s.h., including at least 25 s.h. of work for the major. Students must be admitted to the accounting program in order to major in accounting. Course work in the program provides concentrated coverage of professional accounting subjects and closely related topics in commercial law, business, and information systems.
To enter the program, undergraduates must be admitted to the Tippie College of Business. They must have a University of Iowa g.p.a. of at least 3.00 and a cumulative g.p.a. of at least 3.00, a g.p.a. of at least 2.67 (B-minus average) in ACCT:2100 Introduction to Financial Accounting and ACCT:2200 Managerial Accounting, and a passing score on the Department of Accounting writing assessment. Students who wish to declare accounting as a major but do not satisfy the automatic admission requirements may still apply to the professional program; applications are reviewed case-by-case.
Students usually spend the first and second year taking prerequisites and other course work required for all B.B.A. students. To view the common B.B.A. requirements, see Bachelor of Business Administration in the Catalog.
The major in accounting requires the following work during the third and fourth years.
These business core classes are prerequisites to major-level courses:
Students may not count ACCT:3020 Financial Accounting and Reporting toward the B.B.A. in accounting due to overlap in course content.
|ACCT:3100||Professional Accounting Seminar (must be taken by the second semester in the program)||1|
|ACCT:3200||Income Measurement and Asset Valuation||3|
|ACCT:3400||Introduction to Taxation||3|
|BUS:3000||Business Communication and Protocol (taken first year after admission to the college)||3|
|One business core requirement||3|
|ACCT:3300||Valuation of Financial Claims||3|
|ACCT:3600||Accounting Information Systems||3|
|Two business core requirements||6|
Summer: GMAT and Admission to the M.Ac.
Students who intend to continue in the accounting program after receiving the B.B.A. should take the Graduate Management Admission Test (GMAT) during the summer before their senior year, as preparation for applying to the Master of Accountancy program.
|One accounting elective||3|
|One business core requirement||3|
|ACCT:4200||Accounting for Management Analysis and Control||3|
|One accounting elective (if not taken fall semester)||3|
|Two or three electives||6-9|
Students must choose one of the following accounting electives during their fourth year.
|ACCT:3500||Advanced Tax Topics (offered fall only)||3|
|ACCT:4400||Advanced Financial Accounting (offered spring only)||3|
Optional Accounting Electives
|ACCT:3450||Tax Practicum (VITA) I||1|
|ACCT:3451||Tax Practicum (VITA) II||2|
|ACCT:4900||Academic Internship (consent of department required)||1|
Over 95 percent of students reported that they found permanent employment, were accepted to graduate school, or were not seeking employment within six months of graduation.