Recommended Academic Plan for ACCTG at University Park Program Year 2019

Effective Summer 2010

This major is under an administrative enrollment control. Please review the Entrance-to-Major requirements found at http://dus.psu.edu/students/etm/requirements.html

Semester 1

Course DetailsCredits
PSU 006 First Year Seminar

PSU 006 First Year Seminar

1
ENGL 015 Rhetoric and CompositionNotes for: ENGL 015

ENGL 015

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • † Course satisfies General Education and degree requirements.
or ENGL 030 Honors Freshman CompositionNotes for: ENGL 030

ENGL 030

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • † Course satisfies General Education and degree requirements.
3
MATH 110 Techniques of Calculus INotes for: MATH 110

MATH 110

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
  • † Course satisfies General Education and degree requirements.
or MATH 140 Calculus with Analytic GeometryNotes for: MATH 140

MATH 140

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
  • † Course satisfies General Education and degree requirements.
4
ECON 102 MicroeconomicsNotes for: ECON 102

ECON 102

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • † Course satisfies General Education and degree requirements.
3
Foreign Language 001Notes for: Foreign Language 001

Foreign Language 001

Students must complete 12th credit level in a foreign language. Credits vary based on skill level.
4
Total credits 15

Semester 2

Course DetailsCredits
MGMT 301 Basic Management ConceptsNotes for: MGMT 301

MGMT 301

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
3
SCM 200 Introduction to Statistics for BusinessNotes for: SCM 200

SCM 200

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
  • † Course satisfies General Education and degree requirements.
or STAT 200 Elementary StatisticsNotes for: STAT 200

STAT 200

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
  • † Course satisfies General Education and degree requirements.
4
Foreign Language 002Notes for: Foreign Language 002

Foreign Language 002

Students must complete 12th credit level in a foreign language. Credits vary based on skill level.
4
General Education Natural Science (GN)

GN

3
Total credits 14

Semester 3

Course DetailsCredits
MKTG 301 Principles of MarketingNotes for: MKTG 301

MKTG 301

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
3
ACCTG 211 Financial and Managerial AccountingNotes for: ACCTG 211

ACCTG 211

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
4
Foreign Language 003Notes for: Foreign Language 003

Foreign Language 003

Students must complete 12th credit level in a foreign language. Credits vary based on skill level.
4
ECON 104 Macroeconomics

ECON 104

or General Education (GH/GS/GA)

(GH/GS/GA)

3
General Education (GH/GS/GA)

(GH/GS/GA)

3
Total credits 17

Semester 4

Course DetailsCredits
FIN 301 Corporation FinanceNotes for: FIN 301

FIN 301

Requirements for this course
  • # Course is an Entrance-to-Major requirement.#
  • * Course requires a grade of 'C' of better.*
3
SCM 301 Supply Chain Management

SCM 301

or ENGL 202D Business WritingNotes for: ENGL 202D

ENGL 202D

Requirements for this course
  • * Course requires a grade of 'C' of better.*
  • † Course satisfies General Education and degree requirements.
3
3
General Education (GH/GS/GA)

(GH/GS/GA)

3
General Education Natural Science (GN)

GN

3
Total credits 15

Semester 5

Course DetailsCredits
ACCTG 471 Intermediate Financial Accounting INotes for: ACCTG 471

ACCTG 471

Requirements for this course
  • * Course requires a grade of 'C' of better.*
3
ACCTG 404 Managerial Accounting

ACCTG 404

or ACCTG 405 Principles of Taxation INotes for: ACCTG 405

ACCTG 405

Requirements for this course
  • * Course requires a grade of 'C' of better.*
3
ENGL 202D Business WritingNotes for: ENGL 202D

ENGL 202D

Requirements for this course
  • * Course requires a grade of 'C' of better.*
  • † Course satisfies General Education and degree requirements.
3
3
3
Total credits 15

Semester 6

Course DetailsCredits
ACCTG 472 Intermediate Financial Accounting IINotes for: ACCTG 472

ACCTG 472

Requirements for this course
  • * Course requires a grade of 'C' of better.*
3
ACCTG 404 Managerial Accounting

ACCTG 404

or ACCTG 405 Principles of TaxationNotes for: ACCTG 405

ACCTG 405

Requirements for this course
  • * Course requires a grade of 'C' of better.*
3
General Education (GH/GS/GA)

(GH/GS/GA)

3
General Education Natural Science (GN)

GN

3
Health Science/KINES (GHA)

GHA

1.5
3
Total credits 16.5

Semester 7

Course DetailsCredits
3
ACCTG 4xx

ACCTG 4xx

or ACCTG 403W Auditing

Acctg 403W

3
Two-Piece Sequence

Two-Piece

3
General Education (GH/GS/GA)

(GH/GS/GA)

3
Elective

Elective

2
Total credits 14

Semester 8

Course DetailsCredits
ACCTG 4xxNotes for: ACCTG 4xx

ACCTG 4xx

See list below
3
ACCTG 403W Auditing

ACCTG 403W

or ACCTG 4xx

Acctg 4xx

3
Two-Piece Sequence

Two-Piece

3
Health Science (GHA)

GHA

1.5
General Education (GH/GS/GA)

GH/GS/GA

3
Total credits 13.5

Additional Notes

In order to promote student academic success, the Smeal faculty has designated the successful completion of specific "entrance-to-major" courses prior to the beginning of “major field” course work. In order to ensure all students are equally prepared for success, the Smeal College of Business requires that the following “entrance-to-major” courses must be completed at a Penn State campus: Accounting 211, Management 301, Marketing 301, and Finance 301.

Therefore, transfer courses or those designated as direct equivalent courses for the four courses above listed will not be credited toward Smeal entrance-to-major progress.

Please note that pursuant to AACSB accreditation standards, the Smeal College requires that all upper division courses within the departments sponsoring the major be completed in residence at University Park under the instruction of Smeal College faculty.

For example, students in the Accounting major must complete in residence with Smeal College faculty all 300 level and above Accounting courses. 

Petitions for hardship exceptions from this policy may be made to the Smeal College of Business Associate Dean for Undergraduate Education. 

Advising Notes:

  • It is highly recommended that students at University Park take SCM 301 in their 4th semester.
  • It is highly recommended that students at campuses that do not offer SCM 301 take ENGL 202D in their 4th semester.
  • GWS, GQ, GA, GH, GS, GN and GHA are codes used to identify General Education requirements.
  • US, IL, and US; IL are codes used to designate courses that satisfy University United States/International Cultures requirements.  All students are required to take one IL and one US course before graduation.  A course designated as US; IL may be used as a US OR an IL, not both.
  • W suffix signifies the course satisfies the University Writing Across the Curriculum requirement.

Accounting Notes:

Students interested in a career in public accounting should take ACCTG 406 and ACCTG 473 for their additional accounting courses.  Additionally, B LAW 444 is very useful for the CPA Exam.  Although none of these courses are specifically required for the CPA Exam, they are helpful in regards to learning the material. 

 

Accounting Degree Requirements (ACCTG)
Program Year 2019

Course Descriptions


________________________________________________________________________________
 

  1. Take all of the following Accounting courses (15 credits) - A grade of "C" or better is required in ACCTG 211, ACCTG 405, ACCTG 471, ACCTG 472 and ENGL 202D.
    1. ACCTG 471 (3) Intermediate Financial Accounting I [Prerequisite: ACCTG 211]
    2. ACCTG 404 (3) Managerial Accounting: Economic Perspective [Prerequisite: ACCTG 211, SCM 200 or STAT 200, ECON 102]
    3. ACCTG 472 (3) Intermediate Financial Accounting II [Prerequisite: ACCTG 471]
    4. ACCTG 405 (3) Principles of Taxation [Prerequisites: ACCTG 211, B A 301 or FIN 301]
    5. ACCTG 403W (3) Auditing [Prerequisite: ACCTG 471]

 

  1. Select two additional Accounting courses (6 credits)
    1. ACCTG 406 (3) Principles of Taxation II [Prerequisite: ACCTG 405] (SP only)
    2. ACCTG 432 (3) Accounting Information Systems [Prerequisites: ACCTG 471, MIS 204]
    3. ACCTG 440 (3) Advanced Management Accounting [Prerequisite ACCTG 404]
    4. ACCTG 473 (3) Advanced Financial Accounting [Prerequisite ACCTG 472]
    5. ACCTG 481 (3) Financial Statement Analysis: Accounting Based Evaluation and Decision Making [Prerequisite or Concurrenly: ACCTG 472] (SP only)
    6. ACCTG 483 (3) Forensic Accounting [Prerequisite or Concurrent: ACCTG 472; ACCTG 403W] (SP only)

 

  1. Select one Two-Piece Sequence from the following list (6 credits)

Business Sustainability Take the following two courses

B A 441 – Strategies for Enterprise Sustainability (3) [B A 497A – Fall 2013]

B A 442 – Sustainable Behavior of Consumers, Firms and Societies (3) [B A 497B – Spring 2014]

Economics Select two courses from the following

Select 3 credits of 300/400 level Economics

Select 3 credits of 400 level Economics

Entrepreneurship Select courses based on the following

a. Take the following course

MGMT 425 – New Venture Creation (3)

b. Select one of the following courses

MGMT 426 – Invention Commercialization (3)

MGMT 427 – Managing an Entrepreneurial Start-Up Company (3)

Finance Select two courses from the following

FIN 305 – Financial Management of the Business Enterprise (3)

FIN 406 – Security Analysis and Portfolio Management (3)

FIN 408 – Financial Markets and Institutions (3)

Information Systems Management Take the following two courses

MIS 301 – Business Analytics (3)

MIS 446 – Information Technology and Business Strategy (3)

International Business – Select two courses from the following

I B 303 – International Business Operations (IL) (3)

I B 403 – International Business and National Policies (3)

I B 404 – Contemporary Issues in International Business (3)

I B 450 – Business Environment of Europe (3)

I B 460 – International Business in Emerging Nations (3)

I B/R M 480 – International Real Estate Markets (3)

Management Select courses based on the following

a. Take the following course

MGMT 326 – Organizational Behavior and Design (3)

b. Select one of the following courses

MGMT 461 – International Management (3)

MGMT 471 – Strategic Management (3)

MarketingSelect courses based on the following

a. Select one of the following courses

MKTG 330  – Consumer Behavior Design (3)

MKTG 327 - Retailing (3)

b. Select one of the following courses

MKTG 445 – Global Marketing (IL) (3)

MKTG 422 – Advertising and Sales Promotion (3)

Real Estate Take the following two courses

R M 303 – Real Estate Fundamentals (3)

R M 450 – Contemporary Issues in Real Estate Markets (3)

Risk Management – Take the following two courses

R M 302 – Risk and Insurance (3)

R M 440 - Risk, Strategy and Decision Making (3)  (Beginning Fall 2016)

Supply Chain and Information Systems Select two courses from the following

SCM 404 – Demand Fulfillment (3)

SCM 405 – Manufacturing and Services Strategies (3)

SCM 406 – Strategic Procurement (3)

Please Note:

In lieu of completing a two-piece sequence, students may complete one of the designated University minors listed below provided the minor has a minimum of six credits of 400-level coursework that can be used in the two-piece category according to the course layout in the degree audit system. 

            Smeal College Minors
                
Information Systems Management (ISM)
                 International Business (I B)
                 Legal Environment of Business (LEBUS)
                 Supply Chain and Information Sciences & Technology (SCIST)

Liberal Arts Minor or Concurrent Major
       Economics (ECON)

College of IST Minor or Concurrent Major
       Information Sciences and Technology (IST)

Eberly College of Science Minor or Concurrent Majors
      Mathematics (MATH)
      Statistics (STAT)

World Language Minors and Concurrent Majors
    
Arabic Language (ARAB)
     Chinese Language (CHNS)
     French and Francophone Studies (FR)
     German (GER)
     Greek (GREEK)
     Hebrew (HEBR)
     Italian (IT)
     Japanese Language (JAPNS)
     Korean Language (KORLG)
     Latin (LATIN)
     Russian (RUS)
     Spanish (SPAN)


Additional University approved minors for Accounting (ACCTG)
      Labor Studies and Employment Relations (LER)
       
   


 

The University may make changes in policies, procedures, educational offerings, and requirements at any time.  Please consult a Penn State Academic Advisor for more detailed information.

 

Legend

# Course is an Entrance-to-Major requirement.
* Course requires a grade of 'C' or better.
† Course satisfies General Education and degree requirements.

Footnotes

Foreign Language 001
Students must complete 12th credit level in a foreign language. Credits vary based on skill level.
Foreign Language 002
Students must complete 12th credit level in a foreign language. Credits vary based on skill level.
Foreign Language 003
Students must complete 12th credit level in a foreign language. Credits vary based on skill level.
ACCTG 4xx
See list below