The accounting major is designed to prepare students for careers as professional certified public accountants, corporate controllers, financial officers, internal auditors, governmental accountants, or accountants in charitable organizations. The degree is granted upon completion of 136 credits as specified in the catalog (40 credits must be in 3000- or 4000-level courses).
What will I study?
As an accounting major, you will study broad areas of accounting such as the accounting information system, financial statements, the accounting cycle, corporate accounting, present value techniques, long-term debt, investments, financial statement analysis, managerial accounting principles and systems, the techniques and methods of job order costing, standards, ethics, and legal responsibilities of an auditor.
Many accounting classes take a case study approach that involves a less-structured classroom environment that utilizes small groups and discussion. The approach is interactive, requiring students to take responsibility for investigating aspects of the case. Accounting students are regularly exposed to interesting resources, literature and accountants in the field. The department keeps up with current trends and advancements in accounting while maintaining its roots in more traditional areas, allowing for a well-rounded education.
What makes Northwestern College a great place to study Accounting?
Small class settings
One-on-one teacher-student approach
Christian environment
Excellence in education based in biblical ethics
Internship and excellent job opportunities in organizations such as:
Christian organizations
Banking and financial Institutions
Business (all types)
Consulting firms
Corporations
Federal Bureau of Investigation (FBI)
Government agencies
Insurance companies
Nonprofit organizations
Public accounting firms
On-campus involvement: Investment Club
Degree Requirements
Accounting Major – 150 Credit Rule
The State of Minnesota requires the completion of 150 credits to be licensed as CPA. A 150-credit major is not required. One option would be to complete 18 additional credits at NWC. It is suggested that FIN3225 Investments and FIN3226 Money and Banking be included in these 18 additional credits.
Philosophy course in core curriculum: BUS4435 [WCE].
Natural World mathematics course in core curriculum: one of MAT2035, MAT2121.
Social Science course in core curriculum: ECO2201.
Students must receive a grade of "C" or better in all business core courses. Courses with grades below "C" must be repeated.
Business Core
33 cr
ACC2101
Principles of Accounting I
4
ACC2102
Principles of Accounting II
4
BUS1635
Community Service
0
BUS3331
Business Law - Contract and Agency
3
BUS4435
Business Ethics (see Philosophy requirement above)
ECO2201
Principles of Economics I (see Social Science requirement above)
ECO2202
Principles of Economics II
4
MAT2055
Statistics
4
MGT2271
Management I
4
MIS1115
Introduction to Databases and Spreadsheets
2
MIS2125
Business Information Systems
4
MKT1085
Principles of Marketing
4
Accounting Requirements
35 cr
ACC3201
Intermediate Accounting I
4
ACC3202
Intermediate Accounting II
4
ACC3206
Cost Accounting
4
ACC4305
Auditing
4
ACC4306
Income Taxation
4
ACC4307
Advanced Accounting
4
BUS3835
Professional Experience Seminar
1
BUS4332
Business Law-Partnerships and Corporations
3
BUS4995
Professional Experience
0
BUS4998
Professional Experience Assessment
1
FIN3222
Finance II
2
MGT4855
Corporate Strategies and Policies (OCE)
4
Note: WCE=Written Communication Emphasis; OCE=Oral Communication Emphasis. See the catalog for explanation and prerequisites.
What interesting classes might I take?
Auditing
Business Ethics
Business Law – Partnerships and Corporations
Corporate Strategies and Policies
Investments
Money and Banking
Trust, Wills, and Estates
What can I do with this major?
Certified Public Accountant (CPA)
Corporate Controller
Financial Officer
Internal Auditor
Government or non-profit accountant
Budget Analyst
Personal Financial Planner
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