Students who wish to earn the Bachelor of Business Administration with a major in accounting must be admitted to the Professional Program in Accounting. 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 College Undergraduate 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 Professional Program in Accounting 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 Professional Program in Accounting, 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 B.B.A. common requirements, see Bachelor of Business Administration in the Catalog.

Accounting Major

The major in accounting requires the following work during the third and fourth years.

Third Year

The business core requirements (FIN:3000 Introductory Financial Management, MGMT:2000 Introduction to Law, MGMT:2100 Introduction to Management, MSCI:3000 Operations Management, and MKTG:3000 Introduction to Marketing Strategy) may be taken in any sequence, preferably before the fourth year; MGMT:2000 Introduction to Law is a prerequisite to ACCT:4300 Business Law, so it should be taken before spring semester of the fourth year. Students must complete BUS:3000 Business Communication and Protocol during their first year after admission to the Tippie College of Business.

Due to overlap in course content, accounting majors may not count ACCT:3020 Financial Accounting and Reporting toward the B.B.A. degree.

Fall Semester
ACCT:3100Professional Accounting Seminar (must be taken by the second semester in the professional program)1
ACCT:3200Income Measurement and Asset Valuation3
ACCT:3400Introduction to Taxation3
BUS:3000Business Communication and Protocol (taken first year after admission to the college)3
One business core requirement3
Elective3
Spring Semester
ACCT:3300Valuation of Financial Claims3
ACCT:3600Accounting Information Systems3
Two business core requirements6
Elective3

Summer: GMAT and Admission to the M.Ac.

Students who intend to continue in the Professional Program in Accounting 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.

Fourth Year

Fall Semester
ACCT:4100Auditing3
One accounting elective3
One business core requirement3
Two electives6
Spring Semester
ACCT:4200Accounting for Management Analysis and Control3
ACCT:4300Business Law3
One accounting elective (if not taken fall semester)3
Two or three electives6-9

Students must choose one of the following accounting electives during their fourth year.

ACCT:3500Advanced Tax Topics (offered fall only)3
ACCT:4400Advanced Financial Accounting (offered spring only)3

Optional Accounting Elective

All undergraduates, whether admitted to the M.Ac. program or not, may take ACCT:4900 Academic Internship for 1 s.h. in fall, spring, or summer. Department consent is required.

Sample Plan of Study

Accounting (B.B.A.)

Plan of Study Grid
First Year
FallHours
RHET:1030 Rhetoric 4-5
MATH:1380 Calculus and Matrix Algebra for Business 4
GE: Social Sciences (excluding ECON:1100 and ECON:1200) 3
GE: Historical Perspectives 3
 Hours14-15
Spring
ENGL:1200 The Interpretation of Literature 3
STAT:1030 Statistics for Business 4
ECON:1100 Principles of Microeconomics 4
MSCI:1500 Business Computing Essentials 2
Non-business elective course 2
 Hours15
Second Year
Fall
GE: Values, Society, and Diversity 3
ECON:2800 Statistics for Strategy Problems 3
ECON:1200 Principles of Macroeconomics 4
ACCT:2100 Introduction to Financial Accounting 3
GE: Natural Sciences without a lab 3
 Hours16
Spring
ACCT:2200 Managerial Accounting 3
MSCI:3005 Information Systems 3
MGMT:2000 Introduction to Law 3
BUS:3000 Business Communication and Protocol 1 3
Non-business elective course 3
 Hours15
Third Year
Fall
ACCT:3200 Income Measurement and Asset Valuation 3
ACCT:3400 Introduction to Taxation 3
ACCT:3100 Professional Accounting Seminar (fall only) 1
FIN:3000 Introductory Financial Management 3
GE: International and Global Issues 3
Non-business elective course 2
 Hours15
Spring
ACCT:3300 Valuation of Financial Claims 3
ACCT:3600 Accounting Information Systems 3
MGMT:2100 Introduction to Management 3
MKTG:3000 Introduction to Marketing Strategy 3
Non-business elective course 3
 Hours15
Fourth Year
Fall
ACCT:4100 Auditing 3
Accounting elective course 3
MSCI:3000 Operations Management 3
Non-business elective course 3
Non-business elective course 3
 Hours15
Spring
ACCT:4200 Accounting for Management Analysis and Control 3
ACCT:4300 Business Law 3
Accounting elective course (recommended for CPA exam prep) 3
Non-business elective course 3
Non-business elective course 3
 Hours15
 Total Hours120-121
1

BUS:3000 Business Communication and Protocol must be taken in the first semester after admission to the Tippie College of Business. Direct admits take BUS:3000 their second year.

Over 90 percent of students reported that they found permanent employment, were accepted to graduate school, or were not seeking employment within six months of graduation.

The Pomerantz Career Center offers multiple resources to help students find internships and jobs; for more information about careers, visit What Can I Do with a Major in Accounting on the Pomerantz Career Center website.