Nov 21, 2024  
2022-2023 Undergraduate Catalog 
    
2022-2023 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 is to prepare students for careers as professional accountants. MAcc students select a specialty area in (1) audit/controls or (2) information management or (3) 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 and/or CISA 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 and CISA exams 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 first internship program emphasizes internships in industry. The second internship program emphasizes internships with public accounting firms. Both internship experiences are full-time and offer relevant work assignments and significant compensation.

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 five areas that closely complement a career in accounting – business analytics, finance, information management, international business, or supply chain management. 

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.

uTrack Requirements

Universal Tracking (uTrack) is an academic monitoring system designed to help students stay on track for timely graduation. In order to remain on track, students must complete the minimum requirements for each tracking semester, known as milestones. Milestones include successful completion of specified courses and/or attainment of a minimum GPA. uTrack requirements only affect full-time, degree-seeking students.

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


Term 1 Hours Milestone Notes
1,2ENGL 101 * or ENGL 118 * 3 2.5 cumulative GPA
4MATH 123 *, MATH 141 *, or MATH 147 * 3-4  
3Natural Sciences  Elective* 3-4  
CMST 210 *, CMST 217 *, CMST 240 *, or CMST 247 * 3  
5Unrestricted Elective 3  
10BUAD 100  or BUAD 210   1  
Term 2
1,2ENGL 102 * 3 2.5 cumulative GPA
3Global Citizenship – International  Elective* 3  
MATH 125 *, MATH 142 * or MATH 148 * 3-4  
3Natural Sciences  Elective* 3-4  
MGT 202   3  
Term 3
7ACCT 203  or ACCT 208   3 2.5 cumulative GPA
3Arts and Humanities  Elective* 3  
ECON 211 * or ECON 217 * 3  
ENGL 255 *, ENGL 257 *, or ENGL 295  3  
3Global Citizenship – US  Elective* 3  
Term 4
11Expanded Perspectives  Elective* 3 2.5 Cumulative GPA and completion of following courses with C or better: MATH 123 *-MATH 125 * or MATH 141 *-MATH 142 *; CMST 210 * or CMST 240 *; ENGL 255 * or ENGL 295 *; ACCT 203 ; ECON 211 *; ECON 213 *; STAT 201 * or STAT 207 *; MGT 202  
INMT 242 * 3  
7ECON 213 * or ECON 218  3  
7STAT 201 * or STAT 207  3  
ACCT 204   3  
8BUAD 200   1  
Term 5
ACCT 311   3 INMT 242 *
7BUAD 331   2  
7BUAD 332   2  
BUAD 341   2  
BUAD 342 * 2  
INMT 341   3  
8BUAD 300 * 1  
Term 6
ACCT 414   3 2.5 cumulative GPA
Collateral 3 ACCT 311  
7,9FINC 301  or FINC 306   3  
5Unrestricted Elective 2  
ACCT 431   3  
Term 7
ACCT 411   3 ACCT 414  
Collateral 3 INMT 341  
5Unrestricted Elective 3  
BULW 301   2  
7BUAD 453 * 4  
Term 8
BUAD 205  or ECON 305  or MGT 311  or PHIL 244 * or PHIL 252 *   3 No milestones
Collateral 3  
8BUAD 405   1  
5,6Unrestricted Electives 7  
TOTAL 120  

Accounting Collateral Options
BUSINESS ANALYTICS – BAS 320 , BAS 474 , INMT 342 .
FINANCE – FINC 420 , FINC 425 , FINC 450 .
INFORMATION MANAGEMENT – INMT 342 , and two of the following: INMT 441 , INMT 442 , INMT 443 , INMT 499 .
INTERNATIONAL BUSINESS – Nine hours from: IB 407 , IB 409 , IB 429 , IB 439 , IB 449 , IB 492 IB 499 , BUAD 400 * or MGT 472 ; and IB 489 .

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 Chosen from the Volunteer Core  list.
4 Students who have already completed MATH 132 * with a C or better may substitute that for MATH 141 *.
5 Any courses not already required for the major. Students admitted to Smith Global Leadership Scholars will fulfill 10 hours of electives with the following courses – BUAD 217 , BUAD 317 , BUAD 417 , BUAD 427 , and BUAD 497 .
6 Students who plan to enter the Master of Accountancy program are encouraged to take ACCT 481  to fulfill three hours of unrestricted electives.
7 Students admitted to Smith Global Leadership Scholars will complete the honors versions of these courses: ACCT 208 , BUAD 337 , BUAD 338 , BUAD 457 , ECON 218 *, FINC 308 , and STAT 207 *.
8 Students admitted to Smith Global Leadership Scholars will not take these courses due to content being covered elsewhere in their curriculum.
9 Students pursuing a collateral in Finance must choose FINC 306 .
10 First-semester freshmen should take BUAD 100 ; transfer students should take BUAD 210 .
11 At least three hours from courses among the Volunteer Core  - Applied Arts and Humanities , Arts and Humanities Global Citizenship – International , Global Citizenship – US , or Social Sciences  lists.

* Meets Volunteer Core Requirements .

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