MSU Undergraduate Catalog

Accounting & Finance

Bachelor of Science with a Major in Accounting
Accounting Minor
Fraud Examination Minor
Accounting Concentration
Bachelor of Science with a Major in Finance
Finance Minor
Personal Finance Concentration (for non-business majors)

Bachelor of Science with a Major in Accounting (128 cr)
The accounting major is designed to provide a basic level of expertise in accounting theory and practice. The student can complete additional courses in fraud examination, cost accounting, business law, auditing, not-for-profit accounting, and accounting information systems. The student may elect courses in anticipation of sitting for various professional examinations in the field of accounting or to provide additional background for a specific career track. Internships are also available to provide practical experience in diverse accounting fields.

ND law requires persons sitting for the CPA professional examination to have completed 150 semester hours, (to include a baccalaureate degree) of college education. Students interested in becoming CPAs should be prepared to extend their programs of study by at least 22 semester hours at the undergraduate or graduate levels to meet this requirement.

General Education (38 cr)

College of Business Core Requirements (40 cr)

ACCT 200 Elements of Accounting I (3)
ACCT 201 Elements of Accounting II (3)
ACCT 300 Legal Environment of Business (3)
BADM 226 Quantitative Methods for Business(3)
BADM 301 Fundamentals of Management (3)
BADM 321 Marketing (3)
BIT 318 Business Communication (3)
BIT 320 Management Information Systems (3)
BOTE 247 Spreadsheet Applications (3)
ECON 201 Principles of Microeconomics* (3)
ECON 202 Principles of Macroeconomics* (3)
FIN 353 Corporation Finance (3)
MATH 240 Applied Statistics (4)

*These courses may be taken as a part of the General Education requirement.

Accounting Courses (30 cr)

ACCT 301 Intermediate Accounting I (3)
ACCT 302 Intermediate Accounting II (3)
ACCT 303 Intermediate Accounting III (3)
ACCT 321 Managerial Accounting (3)
ACCT 331 Business Law I (3)
ACCT 401 Advanced Accounting I (3)
ACCT 411 Taxation of Individuals (3)
ACCT 412 Taxation of Business Entities (3)
ACCT 430 Auditing/Assurance Concepts (3)
ACCT 480 Controllership (3)
Elect at least 11 credits from the following (11 cr)

ACCT 315 Government/Non-Profit Accounting (3)
ACCT 322 Advanced Managerial Accounting (3)
ACCT 330 International Business Law (3)
ACCT 332 Business Law II (3)
ACCT 351 Fraud Examination (3)
ACCT 360 Accounting Information Systems (3)
ACCT 402 Advanced Accounting II (3)
ACCT 431 Auditing/Assurance Practices (3)
ACCT 497 Internship (2 maximum)
ACCT 499 Special Topics
ECON 318 Money and Banking (3)

Electives (Non-accounting/business courses recommended) (9 cr)

Accounting Minor (21 cr)

ACCT 200 Elements of Accounting I (3)
ACCT 201 Elements of Accounting II (3)
ACCT 301 Intermediate Accounting I (3)
ACCT 302 Intermediate Accounting II (3)
ACCT 321 Managerial Accounting (3)
Elect two from the following (6 cr)

ACCT 303 Intermediate Accounting III (3)
ACCT 315 Government/Non-Profit Accounting (3)
ACCT 411 Taxation of Individuals (3)
ACCT 412 Taxation of Business Entities (3)

Fraud Examination Minor (24 cr)

ACCT 200 Elements of Accounting I (3)
ACCT 201 Elements of Accounting II (3)
ACCT 351 Fraud Examination (3)
ACCT 360 Accounting Information Systems(3)
CJ 226 Introduction to Criminal Investigations (3)
CJ 230 Criminal Law (3)
CJ 330 Criminological Theory (3)
CJ 450 White Collar Crime (3)

Accounting Concentration (12 cr)

ACCT 200 Elements of Accounting I (3)
ACCT 201 Elements of Accounting II (3)
Elect two from the following (6 cr)

ACCT 301 Intermediate Accounting I (3)
ACCT 315 Government/Non-Profit Accounting (3)
ACCT 321 Managerial Accounting (3)
ACCT 411 Taxation of Individuals (3)

Bachelor of Science with a major in Finance (128 cr)
The finance major prepares students for a wide variety of careers in business and government, including corporate financial management, financial analysis, financial institutions, entrepreneurship, investments, real estate, financial planning, and international business. It provides students with knowledge and decision-making skills for acquiring, investing, and managing capital. The concepts, methods, and techniques equips the students with a thorough understanding of the financial process in order to add value to any organization.

General Education (38 cr)

College of Business Core Requirements (40 cr)

ACCT 200 Elements of Accounting I (3)
ACCT 201 Elements of Accounting II (3)
ACCT 300 Legal Environment of Business (3)
BADM 301 Fundamentals of Management (3)
BADM 321 Marketing (3)
BADM 226 Quantitative Methods for Business (3)
BIT 318 Business Communication (3)
BIT 320 Management Information Systems (3)
BOTE 247 Spreadsheet Applications (3)
ECON 201 Principles of Microeconomics* (3)
ECON 202 Principles of Macroeconomics* (3)
FIN 353 Corporation Finance (3)
MATH 240 Applied Statistics (4)

*These courses can be taken as a part of the General Education requirement.

Courses required for Finance Major (24 cr)

ACCT 321 Managerial Accounting (3)
BADM 409 International Business (3)
FIN 355 Investments (3)
FIN 357 Advanced Corporate Finance (3)
FIN 360 Entrepreneurial Finance (3)
FIN 454 Portfolio Theory (3)
FIN 455 Financial Institutions and Markets (3)
FIN 458 Cases In Finance (3)
Select three courses from the following (9 cr)

ACCT 301 Intermediate Accounting I (3)
ACCT 302 Intermediate Accounting II (3)
ACCT 303 Intermediate Accounting III (3)
ACCT 411 Taxation of Individuals (3)
ACCT 412 Taxation of Business Entities (3)
BADM 496 Business Consulting (3)
ECON 318 Money and Banking (3)
ECON 410 Managerial Economics (3)
FIN 443 Real Estate Finance (3)
FIN 451 Insurance and Risk Management (3)
FIN 457 International Corporate Finance (3)
FIN 497 Internship (3 maximum)
FIN 499 Special Topics*

*Requires advisor approval for meeting program requirements.

Electives (17 cr)

Finance Minor (21 cr )

FIN 353 Corporate Finance (3)
FIN 355 Investments (3)
FIN 357 Advanced Corporate Finance (3)
FIN 360 Entrepreneurial Finance (3)
FIN 455 Financial Institutions & Markets (3)
Select two courses from the following (6 cr)

FIN 443 Real Estate Finance (3)
FIN 451 Insurance and Risk Management (3)
FIN 457 International Corporate Finance (3)
FIN 458 Cases In Finance (3)
FIN 499 Special Topics
ACCT 301 Intermediate Accounting I (3)
ACCT 302 Intermediate Accounting II (3)
ACCT 303 Intermediate Accounting III (3)
ACCT 411 Taxation of Individuals (3)
ACCT 412 Taxation of Business Entities(3)
ECON 318 Money and Banking (3)
ECON 410 Managerial Economics (3)

Personal Finance Concentration
(for non-business majors) (12 cr)

FIN 251 Personal Finance (3)
FIN 355 Investments (3)
FIN 443 Real Estate Finance (3)
FIN 451 Insurance and Risk Management (3)