Accounting/Financial Planning Major (currently not accepting students)

New students will not be accepted into the program at this time. Contact the department for more information.

This major provides students with basic competency in the functional areas of accounting and financial planning and provides students with the minimum requirements to obtain employment and to sit for professional examinations such as the CPA and CFP exams.

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/financial-analysts.htm

Total Credits Required

152

Liberal Studies	30-40
Health Promotion Requirements	2

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/Financial Planning	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

Financial Planning	20
FIN 324 Personal Insurance and Financial Planning	4
FIN 450 Estate Planning	4
FIN 460 Employee Benefits and Retirement Planning	4
FIN 462 Investment Analysis	4
FIN 491 Internship in Finance ** (1 - 4 cr.) or other finance elective	4

Other Required Courses	24
EC 201 Microeconomic Principles	4
EC 202 Macroeconomic Principles	4
MA 103 Finite Mathematics [Div II] or	4
MA 104 College Algebra and Trigonometry with Applications in Science and Technology (4 cr.) [Div II] or
MA 111 College Algebra for Calculus Preparation (4 cr.) [Div II] or
MA 115 Precalculus (4 cr.) [Div II] or
MA 161 Calculus I (4 cr.) [Div II]
MA 171 Introduction to Probability and Statistics [Div V]	4
PY 100G Psychology as a Social Science [Div II] or	4
PY 100H Honors Psychology as a Natural Science (4 cr.) [Div II] or
PY 100L Psychology as a Natural Science with Laboratory (4 cr.) [Div II] or
PY 100S Psychology as a Natural Science (4 cr.) [Div II]
SO 101 Introductory Sociology [Div II] or	4
SO 113 Social Problems (4 cr.) [Div II]

General Electives Outside the College of Business	10

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

**Course must have adviser approval.

This major does not require a minor.

Bulletin Year: 2016 - 2017 Undergraduate Bulletin | View the current NMU Catalog.