Accounting (ACCT)

Opus College of Business 
Department of Accounting 
Davis (chair), AsdemirBlazovich, Chui, Gallagher, Gao, Grimm, Ishaug, Matson, Mortenson, Radermacher, Sathe, Shapiro, Stallings, Vician, White, Yu 

The University of St. Thomas accounting program meets the current education requirements set by the Minnesota Board of Accountancy to take the Certified Public Accountant (CPA) Examination, and for CPA licensure, in Minnesota. CPA licensure in Minnesota requires the applicant to have completed 150 semester hours of college or university education, passed the CPA Examination, passed an ethics examination, and completed relevant work experience. (Most other states have similar requirements.) The University of St. Thomas offers alternatives by which students can meet the 150-hour requirement, including master’s degrees (Master of Science in accountancy or Master of Business Administration) and baccalaureate coursework. Questions should be directed to the chair of the Department of Accounting or to a department faculty member.  

Concentration in Accounting

Business Core Course:

  • BUSN 100: Business for the Common Good (2 credits)  
  • ENTR 100: Introduction to Entrepreneurship & Innovation (2 credits)  
  • ACCT 100: Principles of Accounting I (4 credits)  
  • BUSN 200: Business Learning Through Service (0 credit)  
  • ACCT 200: Principles of Accounting II (2 credits)  
  • OPMT 300: Operations & Supply Chain Management (2 credits)  
  • FINC 310: Core Financial Management (2 credits)  
  • MKTG 200: Introduction to Marketing (2 credits)  
  • MGMT 200: Working Skillfully in Organizations (2 credits)  
  • BLAW 300: Law for Business Leaders (2 credits)  
  • BETH 300: Ethical Principles in Business (2 credits)  

Note: The required core business courses (BUSN 100, ENTR 100, ACCT 100, ACCT 200, BUSN 200, FINC 310, OPMT 300, MKTG 200, MGMT 200, BETH 300, BLAW 300) must be completed by the end of the sophomore year. Transfer students who have not had an equivalent course must complete these courses by the end of their first semester, junior year. 

Elective Courses in Business Core:  
  • Eight credits from undergraduate courses with designations ACCT / BETH / BLAW / ENTR / FINC / MGMT /MKTG / OPMT / REAL. These credits may be taken in courses within the department of the student’s business concentration. Transfer credits with these designations must be at the 300 level or above. 

Concentration Courses:

  • ACCT 311 Intermediate Accounting I (4 credits)
  • ACCT 312 Intermediate Accounting II (4 credits)
  • ACCT 314 Tax Accounting (4 credits)
  • ACCT 316 Auditing (4 credits)
  • ACCT 317 Cost Accounting (4 credits)
  • ACCT 410 Advanced Accounting (4 credits)
  • BLAW 311 Advanced Business Law for Accounting (2 credits)

Allied requirements:

  • ECON 251 Principles of Macroeconomics (4 credits)
  • ECON 252 Principles of Microeconomics (4 credits)
  • CISC 200 Introduction to Computer Technology and Business Applications (4 credits)
  • CISC 419 Accounting Information Systems (4 credits)
  • STAT 220 Statistics I (4 credits)

Note: STAT 220 should be completed by the end of the sophomore year. Transfer students who have not had an equivalent course must complete this course by the end of their first semester, junior year.

Plus four credits from the following:
  • MATH 101 Finite Mathematics (4 credits)
  • MATH 109 Calculus with Review II (4 credits)
  • MATH 111 Calculus for Business and Social Science (4 credits)
  • MATH 113 Calculus I (4 credits)

Note: The math requirement must be completed by the end of the sophomore year.

Course Number Title Credits
ACCT  100 Principles of Accounting I 4
ACCT  200 Principles of Accounting II 2
ACCT  210 Intro to Financial Accounting 4
ACCT  215 Managerial Accounting 4
ACCT  243 Individual Study 2 OR 4
ACCT  269 Research 2 OR 4
ACCT  295 Topics 2
ACCT  296 Topics 2
ACCT  311 Intermediate Accounting I 4
ACCT  312 Intermediate Accounting II 4
ACCT  314 Tax Accounting 4
ACCT  315 Individual Income Tax 4
ACCT  316 Auditing 4
ACCT  317 Cost Accounting 4
ACCT  389 Research 2 OR 4
ACCT  393 Individual Study 2 OR 4
ACCT  410 Advanced Accounting 4
ACCT  476 Experiential Learning 2
ACCT  478 Experiential Learning 2 OR 4
ACCT  488 Topics 2
ACCT  491 Research 2 OR 4
ACCT  495 Individual Study 2 OR 4