The below information is based off the career of accountants and auditors. 

Median Pay: $78,000

Typical Entry-Level Education: Bachelor's

Number of Jobs: 1,538,400

Job Outlook: Employment of accountants and auditors is projected to grow 4 percent from 2022 to 2032, about as fast as the average for all occupations. About 126,500 openings for accountants and auditors are projected each year, on average, over the decade

Above information sourced from 2022 data from the U.S. Bureau of Labor Statistics

A minimum 2.0 GPA is the requirement for admission at Union Commonwealth University. 

Required Courses for all Accounting, Business Management, and Marketing Majors | 18 Credit Hours

ACTG 270 Accounting for Managers (3 Credit Hours)

This is an Accounting course for non-majors. It is a study of financial statements without the debits and credits. The study will emphasize analysis and use of financial statements rather than creation of them. This will be more beneficial for managers and investors than a course on bookkeeping.

Or 

ACTG 271 managerial Accounting (3 Credit Hours)

Introduction to analysis and interpretation of accounting data with emphasis on its use by managers in planning operations, controlling activities, and in decision making. ACTG 270 accepted as substitute.

BUAD 151 Business Essentials (3 Credit Hours)

A study of business functions, methods of business operation, types of business ownership, and the role of business organizations in contemporary society. The course covers the organization and role of business in the free enterprise system. The course is designed to provide an overview of the field of business and to provide a framework into which specialized fields may be studied.

BUAD 302 Business Communications (3 Credit Hours)

Methods of mastering writing, research, and presentation skills needed in business. The course emphasizes preparing, organizing, and communicating business information. Also enhances speaking, reading, and listening skills. Prerequisite: BUAD 151.

BUAD 310 Legal Environment of Business (3 Credit Hours)

This course provides a theoretical legal framework within which responsible decisions can be made. The course relates legal principles of the firm’s responsibility to society. The traditional legal environment topics, such as judicial reasoning, administrative law, antitrust law, contracts, torts, agencies, real and personal property, leases, bankruptcy, and business-related laws are discussed.

CIS 241 Intermediate Technology Applications (3 Credit Hours)

An intermediate level of office productivity applications, such as word processing, spreadsheet, presentation, database, and web-page design are presented. Students will gain an in-depth theoretical and practical knowledge of these applications. They will be capable of implementing the knowledge attained in this course to solve business problems. (Formerly COMP 241)

ECON 204 Principles of Microeconomics (3 Credit Hours)

This course will introduce the student to microeconomic theory, including demand and supply analysis, elasticity, the production function, price and output determination, costs of production, pricing and employment of resources, and market structures.

Accounting Major Requirements (33 Additional Credit Hours)

Requires 33 semester hours including:

ACTG 272 Financial Accounting (3 Credit Hours)

An introduction to accounting concepts and principles with emphasis on preparations and reporting of financial information.

ACTG 331 Cost Accounting (3 Credit Hours)

Concepts of cost and methods in developing information for use by management in decision making process. The course is an analysis of costing from products, projects, and management control. Prerequisites: ACTG 272.

ACTG 371 Intermediate Accounting I (3 Credit Hours)

Accounting topics include the income statement, balance sheet, and change in owners’ equity statements. Cash, receivables, inventories, plant, investments, and intangible assets are also covered. Prerequisites: ACTG 272.

ACTG 372 Intermediate Accounting II (3 Credit Hours)

Continuation of Accounting 371 covering current liabilities, contingent liabilities, long- term liabilities, accounting for income taxes, and owners’ equity. State of Change in Financial Position, financial statement analysis, and the impact of changing prices are also covered. Prerequisites: ACTG 272.

ACTG 376 Tax Accounting (3 Credit Hours)

This course is a fundamental study of the federal income tax structure with emphasis upon the taxation of individuals. Included is an introduction to taxation of corporations and partnership, as well as administrative procedures and research. This course is relevant for any student, in any major.

ACTG 433 Auditing (3 Credit Hours)

This course serves as a Capstone course for accounting majors. Topics covered include discussion of the ethics and liability of the verification, analysis, and interpretation of accounting records, and issuance of audit reports and other reports by CPAs. Prerequisites: ACTG 372 and BUAD 351. This course must be taken at Union College. Students must earn a grade of “C” or higher in this course.

ACTG 471 Advanced Accounting (3 Credit Hours)

This course is an advanced in-depth discussion of accounting for joint ventures, consolidated statements, and inter-company transactions. Prerequisite: ACTG 372.

ACTG 472 Not-for-Profit & Fund Accounting (3 Credit Hours)

This course covers governmental and not-for-profit accounting, interim and segmental reporting, multi-national accounting, and insolvency. Prerequisite: ACTG 372.

BUAD 303 Business Statistics (3 Credit Hours)

This course is designed to familiarize basic concepts of statistics and statistical methods used in business. This course aims to equip students with the capability for applying statistical methods and interpreting the meaning of the result. It includes topics such as: organizing and interpreting data; probability; hypothesis testing; correlations and regressions; Chi square and F-distributions; and nonparametric statistics. Prerequisite: MATH 110 or MATH 131.

BUAD 351 Principles of Finance (3 Credit Hours)

This course introduces managerial finance as a functional area of business, including financial analysis, working capital practices, capital budgeting, corporate valuation, and cost of capital and capital structure, while building upon the quantitative analysis associated with the managerial financial activities of an organization. Financial analysis will require expanded use of Excel. Prerequisite: ACTG 271.

ECON 203 Principles of Macroeconomics (3 Credit Hours)

This course will introduce the student to macroeconomic theory including a study of the economizing problem, pure and mixed economics systems, demand and supply, the economic functions of government, national income accounting, the business cycle, employment theory, money and banking, and fiscal policy.

Accounting Minor Requirements (21 Credit Hours)

Requires 21 semester hours including:

ACTG 331 Cost Accounting (3 Credit Hours)

Concepts of cost and methods in developing information for use by management in decision making process. The course is an analysis of costing from products, projects, and management control. Prerequisites: ACTG 272.

ACTG 371 Intermediate Accounting I (3 Credit Hours)

Accounting topics include the income statement, balance sheet, and change in owners’ equity statements. Cash, receivables, inventories, plant, investments, and intangible assets are also covered. Prerequisites: ACTG 272.

ACTG 372 Intermediate Accounting II (3 Credit Hours)

Continuation of Accounting 371 covering current liabilities, contingent liabilities, long- term liabilities, accounting for income taxes, and owners’ equity. State of Change in Financial Position, financial statement analysis, and the impact of changing prices are also covered. Prerequisites: ACTG 272.

ACTG 376 Tax Accounting (3 Credit Hours)

This course is a fundamental study of the federal income tax structure with emphasis upon the taxation of individuals. Included is an introduction to taxation of corporations and partnership, as well as administrative procedures and research. This course is relevant for any student, in any major.

BUAD 351 Principles of Finance (3 Credit Hours)

This course introduces managerial finance as a functional area of business, including financial analysis, working capital practices, capital budgeting, corporate valuation, and cost of capital and capital structure, while building upon the quantitative analysis associated with the managerial financial activities of an organization. Financial analysis will require expanded use of Excel. Prerequisite: ACTG 271.

Choose 6 hours from the following:

ACTG 471 Advanced Accounting (3 Credit Hours)

This course is an advanced in-depth discussion of accounting for joint ventures, consolidated statements, and inter-company transactions. Prerequisite: ACTG 372.

ACTG 472 Not-for-Profit & Fund Accounting (3 Credit Hours)

This course covers governmental and not-for-profit accounting, interim and segmental reporting, multi-national accounting, and insolvency. Prerequisite: ACTG 372.

ACTG 481 Special Topics in Accounting (3 Credit Hours)

This is an advanced course on selected topics of interest in the field of Accounting. Prerequisites: Business Department major/minor with junior or senior standing and 21 credit hours in business courses or permission from instructor.

ACTG 433 Auditing (3 Credit Hours)

This course serves as a Capstone course for accounting majors. Topics covered include discussion of the ethics and liability of the verification, analysis, and interpretation of accounting records, and issuance of audit reports and other reports by CPAs. Prerequisites: ACTG 372 and BUAD 351. This course must be taken at Union College. Students must earn a grade of “C” or higher in this course.

ACTG 485 Accounting Internship (3 hours maximum) (3 Credit Hours)

Supervised practical field experience at approved business site is combined with an academic component to strengthen the student’s theoretical background. To be considered for a placement, the student has attained junior or senior status with 15 hours of completed Union College Department of Business courses, a Department of Business GPA of 3.0, and approval from School Dean. Students work 40 hours for each hour of credit and may earn up to a maximum of six (6) credit hours for successful performance. Course will be taken on a credit/fail basis only.