Accounting/Corporate Finance Major

This major provides students with basic competency in the functional areas of accounting and corporate finance. It provides students with the minimum requirements to obtain employment and to sit for professional examinations such as the CPA exam.

Students must obtain a 2.00 GPA in their (combined) business core and major courses as well as a 2.00 cumulative Northern Michigan University GPA.

For department information or additional degree requirements, go to the Business, College of department page.

For related information from the Bureau of Labor Statistics, http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm

Total Credits Required

150

General Education

30-40

Business Core*	32
ACT 230 Principles of Accounting I	4
ACT 240 Principles of Accounting II	4
FIN 351 Financial Management I	4
MGT 221 Business Law I: Legal Environment of Business	4
MGT 240 Organizational Behavior and Management	4
MGT 325 Operations Management	4
MGT 344 Managerial Communication	4
MKT 230 Introduction to Marketing	4

Accounting/Corporate Finance	60
Accounting	40
ACT 301 Financial Accounting I	4
ACT 302 Financial Accounting II	4
ACT 311 Cost Accounting	4
ACT 321 Federal Income Taxation	4
ACT 403 Accounting III	4
ACT 441 Auditing	4
ACT Electives** (ACT 431 required for CPA exam)	12
CIS 112 Microsoft Applications for Business Students	2
CIS 212 Computer Assisted Problem Solving for Business	2

Finance	20
Choose from the following:	20
FIN 352 Financial Management II (4 cr.)
FIN 354 Money and Capital Markets (4 cr.)
FIN 413 New Venture Finance: Capital Formation and Legal Issues (4 cr.)
FIN 420 Financial Statement Analysis (4 cr.)
FIN 458 International Financial Management (4 cr.)
FIN 460 Employee Benefits and Retirement Planning (4 cr.)
FIN 461 Management of Financial Institutions (4 cr.)
FIN 462 Investment Analysis (4 cr.)
FIN 463 Portfolio Management (4 cr.)
FIN 491 Internship in Finance (1 - 4 cr.)
FIN 495 Variable Topics in Finance (1 - 4 cr.)
FIN 498 Directed Study in Finance (1 - 4 cr.)

Other Required Courses	24
EC 201 Microeconomic Principles	4
EC 202 Macroeconomic Principles	4
MA 103 Finite Mathematics [QUAR] or	4
MA 104 College Algebra and Trigonometry with Applications in Science and Technology (4 cr.) [QUAR] or
MA 111 College Algebra for Calculus Preparation (4 cr.) [QUAR] or
MA 115 Precalculus (4 cr.) [QUAR] or
MA 161 Calculus I (4 cr.) [QUAR]
MA 171 Introduction to Probability and Statistics [QUAR]	4
PY 100 Introduction to Psychology [SCII]	4
SO 101 Introductory Sociology [PERS] or	4
SO 113 Social Problems (4 cr.) [PERS]

*Note: Courses in business core cannot be double counted toward another major or minor.

**Courses must include 400-level ACT courses (ACT 491 limited to 4 credits).

This major does not require a minor.

Bulletin Year: 2018 - 2019 Undergraduate Bulletin | View the current NMU Catalog.