Accountancy/Finance

Why Choose Accountancy/Finance?

Finance is becoming an increasingly complex and critical area in the overall management of alltypes of institutions - business and others - as well as individuals. The dual major ofAccountancy and Finance provides students with an understanding of financial definitions,concepts, and relationships coupled with knowledge of the major concepts and practices ofaccounting. This unique combination of skills prepares students for a wide array of careers inaccounting and finance positions in industry, government, or not-for-profit agencies, andenhances opportunities for career advancement.

Career Opportunities

Graduates of this dual major possess an excellent foundation for future growth and careerdevelopment. They're highly marketable and in high demand. Graduates qualify for careers asaccountants, financial analysts, credit analysts, stock brokers, real estate agents or brokers,bankers, and financial planners or counselors. They're prepared to assume responsible entry-level managerial positions in accountancy or finance.

Admission Requirements

New students: 2.5 high school GPA (on a 4.0 scale) and two of the three following criteria: (1)English ACT score of 16 or higher, or SAT Writing score of 370 or higher; (2) Math ACT score of19 or higher, or SAT Math score of 460 or higher; (3) Reading ACT score of 19 or higher, or SATReading score of 430 or higher.

Transfer students: Combined college or university GPA of 2.35 (on a 4.0 scale) from allinstitutions attended. GPA is based on completion of 12 credit hours or more. Transferequivalency for FSU's ENGL 150 or placement during the first semester at FSU which wouldrequire an ACT English score of 16 or higher; Compass score 70 – 100. Transfer equivalency forFSU's MATH 115 or placement during the first semester at FSU which would require an ACTMath score of 19 or higher; Compass Algebra score 46 - 74 and high school Algebra with 2.0.

Exceptions for new and transfer students: Applicants not meeting the above criteria but having a2.35 high school GPA and at least a 16 ACT in Math and Reading and a 13 ACT inENGLISH (2.00 overall GPA for transfer students) can be considered for conditional admissioninto a College of Business pre-program. Any mitigating circumstances will be considered on anindividual basis by the College of Business dean’s office.

Pre-program students must complete a minimum of 12 FSU credits (excluding developmentalcourses) with a 2.35 GPA; courses must include ENGL 150 and MATH 115 before being

considered for admission into their program of choice. Students must meet admission criteria fortheir chosen degree program by the time they have earned 30 credits.

More information: Additional guidance can be found on the College of Business web page underthe Admissions tab.

General Education Requirements

All general University General Education requirements can be foundhere: http://www.ferris.edu/htmls/academics/gened/courses/GenEd-bachelor.pdf

Please consult this link for a complete listing of General EducationElectives: https://wwws.ferris.edu/academics/gened/courses/

Graduation Requirements

The Accountancy/Finance program at Ferris leads to a Bachelor of Science degree. Graduationrequires a minimum 2.0 GPA in core classes, in the major and overall.

More Information

Accountancy, Finance, & Info Systems119 South Street, BUS 212Big Rapids, MI 49307-2284231-591-2434AFIS@ferris.edu

The College of Business is accredited by the Accreditation Council for Business Schools andPrograms (ACBSP). Next accreditation review is February 2018.http://www.acbsp.org

Required Courses Credit Hours

ACCT 310 Intermediate Accounting 1 3

ACCT 312 Intermediate Accounting 2 3

ACCT 321 Cost Accounting 1 3

ACCT 350 Fed Income Tax-Individual 3

ACCT 431 ACCT Systems and Controls 1 3

ACCT 441 Auditing 3

ACCT 450 Federal Income Tax-Corp 3

ACCT 461 Governmental Accounting 3

FINC 300 Mathematics of Finance 3

FINC 312 Financial Markets-Institutions 3

FINC 323 Financial Management 2 3

FINC 375 Fin Analysis & Forecasting 3

FINC 451 Investment Principles 3

FINC 452 Financial Modeling 3

FINC 465 Problems in Finance 3

STQM 322 Inferential Statistics 3

Directed Business Elective (300 level or above) - advisorapproval required 5-6

Directed Business Elective (200 level or above) - advisorapproval required 3

Major Courses - 21 Credits Required

Internship highly recommended (ACCT 491 or FINC 491) - consult with the internshipcoordinator.

ACCT 201 Princ. of Financial Accounting 3

ACCT 202 Princ of Managerial Accounting 3

BLAW 321 Contracts and Sales 3

BUSN 499 Integrating Experience 3

FINC 322 Financial Management 1 3

ISYS 321 Business Information Systems 3

MGMT 301 Applied Management 3

MGMT 370 Quality-Operations Mgmt 3

MKTG 321 Principles of Marketing 3

STQM 260 Introduction to Statistics 3

COMM 121 Fundamentals-Public Speaking 3

ENGL 150 English 1 3

ENGL 250 English 2 3

ENGL 325 Advanced Business Writing 3

Business Core

University General Education Requirements

The following courses are required as part of the University's General EducationRequirements, but they also count toward degree requirements.Communication Competence

Lab Science Elective3 - 4

Science Elective3

MATH 114 OR Quantitative Reason for Pro 2 4

MATH 115 Intermediate Algebra 3

MATH 122 Math Analysis for Business 3

Cultural Enrichment Electives (one must be 200 level or higher,one must meet race, ethnicity, gender requirement) 9

Elective (non-economics)3

ECON 221 Principles of Macroeconomics 3

ECON 222 Principles of Microeconomics 3

Scientific Understanding

Quantitative Skills

If MATH ACT 24 or SAT 560 or higher, Student must substitute General EducationElective.

Cultural Enrichment

Social Awareness

ECON 321 Money and Banking 3

ECON 331 Labor Economic Labor Relations 3

ECON 431 Economics of Public Finance 3

COMM 221 Small Group Decision Making 3

COMM 310 Nonverbal Communication 3

COMM 332 Persuasive Speaking 3

Minimum credit hours required for Accountancy/Finance Bachelordegree

135

College of Business Additional General Education

Choose one:

Choose one:

Be sure to evaluate the requirements for any professional certification with the appropriatestate board.Accountancy and Finance students must be able to demonstrate competency in ISYS105 topics or take ISYS 105.