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    Feb 06, 2023  
2012-2013 Undergraduate Catalog 
2012-2013 Undergraduate Catalog [ARCHIVED CATALOG]

Accounting Major, BS in Business Administration – Collateral Option

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The University of Tennessee has one of the leading accounting programs in the nation. The program emphasizes the conceptual and applied understanding of business information and prepares students for careers in accounting and business.

The faculty strongly encourages students who desire to become professional accountants, such as Certified Public Accountants (CPAs), to continue their formal education in UT’s full-time, eleven-month Master of Accountancy (MAcc) program, which is described in the University’s Graduate Catalog. 

The primary objective of the 30 semester-hour MAcc program, which typically includes 24 graduate-level semester hours of accounting and 6 hours of business, is to prepare students for careers as professional accountants. MAcc students select a specialty area in (1) audit/controls or (2) taxation. 

Taken together, the BS and MAcc programs provide graduates not only with two academic degrees, but also with the educational requirements to sit for the CPA exam as well as the academic preparation to begin successful careers as professional accountants. Most states, including Tennessee, require 150 semester hours of education to sit for the CPA exam. At UT, students may earn 120 semester hours in the undergraduate program and then 30 hours in the MAcc program, for a total of 150 semester hours. The accounting faculty strongly encourages MAcc students to take the CPA exam as soon as they qualify.

The UT undergraduate accounting program offers its majors an opportunity to participate in two full-time, highly-structured internship programs. The faculty strongly encourages accounting majors to participate in one or both programs. The first internship program (summer program) emphasizes internships in industry. The industry internship occurs during the summer between the student’s third and fourth year. The second internship program (spring program) emphasizes internships with public accounting firms. Public accounting internships occur during the spring of the student’s fourth year and are designed for those students who intend to enroll in UT’s MAcc program. Both internship experiences are full-time and offer relevant work assignments and significant compensation.

The undergraduate accounting curriculum prepares students for entry into the MAcc program. If taken alone without the MAcc program, the four-year undergraduate curriculum helps prepare students for business careers in which accounting knowledge is particularly important, such as internal auditing.

The undergraduate accounting curriculum introduces students to the major functional areas of accounting (financial, managerial, etc.).The curriculum also requires students to choose a three-course collateral area in one of four areas that closely complement a career in accounting — finance, information management, international business, or logistics. 

The UT accounting program has separate accounting accreditation from AACSB International and is one of the first accounting programs to have earned this designation. As an accredited program, the UT accounting program continuously meets or exceeds a rigorous set of international accreditation standards and is peer reviewed on a regular basis.

Requirements for the Bachelor of Science in Business Administration • Accounting Major • Collateral Option

First Year Hours Credit
1, 2Written Communication: ENGL 101 *, ENGL 102 * 6
3Quantitative Reasoning: MATH 123 *, MATH 125 * or MATH 141 *, MATH 142 * 6 or 8
Cultures and Civilizations : Intermediate Foreign Language* 6
Natural Sciences * 6-8
Social Sciences * 3
Oral Communication: CMST 210 *, CMST 217 *, CMST 240 *, or CMST 247 * 3
Second Year  
ACCT 200  3
Social Sciences: ECON 201 * 4
Written Communication: ENGL 255 *, ENGL 257 *, or ENGL 295 * 3
STAT 201 * 3
MGT 201  3
BUAD 242  2
2Arts and Humanities * 6
Electives 6
Third Year  
BUAD 331 , BUAD 332  4
BUAD 341 , BUAD 342  4
Ethics: PHIL 244 * or PHIL 252 * 3
ACCT 301  3
INMT 341  3
FINC 301  3
BUAD 353  3
BUAD 361  3
ACCT 311  3
4Collateral 3
Fourth Year  
BULW 301  2
ACCT 321  3
ACCT 411  3
ACCT 414  or ACCT 431  3
MGT 402  3
4Collateral 6
Electives 4-8
   Total 120
Accounting Collateral Options
FINANCE – FINC 425 , FINC 435 , FINC 455 .
INTERNATIONAL BUSINESS – Nine hours from: IB 409 , IB 429 , IB 439 , IB 449 , IB 459 , IB 492 , BUAD 400  or MGT 472 ; and IB 489 .
LOGISTICS – LOG 310 , LOG 411 , LOG 421 .
* University General Education Requirement .
1 Must be completed by the end of the First Year.
2 Students who complete ENGL 118 * with a grade of A or B will complete their first year composition requirement by choosing ENGL 102 *, a sophomore-level course in the English department, or ENGL 355 *. If the sophomore-level English course appears on the Arts and Humanities list , the course may also be counted toward the Arts and Humanities requirement.
3 MATH 125 * or MATH 141 * are prerequisites for STAT 201 *, which is taken during the second semester of the Second Year. As a result, either MATH 125 * or MATH 141 * must be completed by the end of the first semester of the Second Year. 
4 In the spring of their Third Year, students normally make the decision whether to enter the job market upon graduation or apply to the Master of Accountancy program. ACCT 414  and ACCT 431  are both prerequisites to the MAcc program; therefore, students planning to enter the MAcc program should take ACCT 414  or ACCT 431  (whichever was not taken to satisfy the major requirement) instead of FINC 455  in the finance collateral, instead of INMT 442  in the information management collateral, instead of LOG 421  in the logistics collateral, and instead of three of the required nine hours in the international business collateral.


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