Accountancy (BACCY)
Description
The primary function of the school is to provide professional education required to prepare students for careers as professional accountants in public practice, financial institutions, industry, government, and nonprofit organizations. Emphasis is placed upon both theoretical principles and concepts and practical applications to fulfill the need for reliable financial information. Professional courses offered at both the undergraduate and graduate levels provide students with the accounting education required to commence and continue to develop in a wide range of accounting and business professional careers.
Minimum Total Credit Hours: 120
Degree Requirements
The academic regulations for this degree program, as entered in the University of Mississippi Catalog, are in effect for the current or selected academic year and semester. The University of Mississippi reserves the right to
- change or withdraw courses;
- change rules for registration, instruction, and graduation; and
- change other regulations affecting the student body at any time.
General Education
| Code | Title | Hours |
|---|---|---|
| Select one of the following English Comp I courses: | 3 | |
| Freshman Honors I | ||
| Introduction to College Writing | ||
| First-Year Writing I | ||
| Select one of the following English Comp II courses: | 3 | |
| First Year Seminar | ||
| First-Year Writing II | ||
| Freshman Honors II | ||
| Select six-eight hours of natural science courses with labs from the following: | 6-8 | |
Biology | ||
Chemistry | ||
Geology | ||
Physics | ||
Astronomy | ||
| Integrated Science I | ||
| Integrated Science II | ||
| Select at least two science laboratory courses from the following: | 2 | |
Biology | ||
Chemistry | ||
Biochemistry | ||
Geology | ||
Geological Engineering | ||
Physics and Astronomy | ||
| Integrated Science I | ||
| Integrated Science II | ||
| Select one of the following: | 3 | |
| Calculus for Business, Econ., & Accy. I | ||
| Unified Calculus & Analytic Geometry I | ||
| Calculus of Decision Making I | ||
| Select one of the following: | 3 | |
| College Algebra | ||
| Business Mathematics | ||
| Calculus for Business, Econ., & Accy. II | ||
| Unified Calculus & Analytic Geometry II | ||
| Calculus of Decision Making II | ||
| Select six hours of Humanities courses | 6 | |
Any classical civilization (CLSC) | ||
History (HIST) | ||
Philosophy (PHIL) | ||
Religion (RELG) | ||
| Humanities and the Environment | ||
| Interdisciplinary Humanities | ||
| Advanced Interdisciplinary Humanities | ||
| Freshman Honors I | ||
| Freshman Honors II ((if not being used to fulfill composition requirements) any AAS) | ||
| Introduction to Gender Studies | ||
| Introduction to Queer Studies | ||
SSTU 1000-level | ||
| Select three hours of Fine Arts from the following: | 3 | |
any Art History | ||
| Introduction to the Fine Arts | ||
| Interdisciplinary Arts | ||
| Advanced Interdisciplinary Arts | ||
| Introduction to Music Literature | ||
| Fundamentals of Music Theory | ||
| Introduction to Music | ||
| Introduction to World Music Cultures | ||
| Music Theory and Analysis I | ||
| Dance Appreciation | ||
| Appreciation of the Theatre | ||
| Introduction to Cinema | ||
| Required Courses | ||
| ECON 2020 | Principles of Microeconomics | 3 |
| ECON 2030 | Principles of Macroeconomics | 3 |
| ACCY 2010 | Introduction to Accounting Principles I 1 | 3 |
| ACCY 2020 | Introduction to Accounting Principles II 2 | 3 |
| BUSN 2300 | Economic Statistics I 3 | 3 |
| or ECON 2300 | Economic Statistics I | |
| BUSN 2910 | Legal Environment of Business | 3 |
| Select one of the following: | 3 | |
| Business Communication | ||
| Fundamentals of Public Speaking | ||
| Business and Professional Speech | ||
| Select six hours electives | 6 | |
| Total Hours | 56-58 | |
- 1
A minimum grade of B is required in ACCY 2010 Introduction to Accounting Principles I to take ACCY 3030 Financial Accounting I (a required course for accounting majors).
- 2
A minimum grade of B is required in ACCY 2020 Introduction to Accounting Principles II to take ACCY 3030 Financial Accounting I (a required course for accounting majors).
- 3
A minimum grade of C is required in ECON 2300 Economic Statistics I to take ECON 3020 Economic Statistics II (a required course for accounting majors).
Major Requirements
| Code | Title | Hours |
|---|---|---|
| ACCY 3020 | Fundamentals of Accounting Data Analytic | 3 |
| ACCY 3030 | Financial Accounting I 1 | 3 |
| ACCY 3040 | Financial Accounting II 2 | 3 |
| ACCY 3090 | Cost Control 3 | 3 |
| ACCY 3100 | Systems 3 | 3 |
| ACCY 4010 | Auditing 3 | 3 |
| ACCY 4020 | Advanced Accounting 3 | 3 |
| ACCY 4050 | Income Taxes I 3 | 3 |
| ACCY 4070 | Governmental Accounting 3 | 3 |
| ACCY 4110 | Business Law 3 | 3 |
| Total Hours | 30 | |
- 1
A minimum grade of C is required in ACCY 3030 Financial Accounting I to take ACCY 3040 Financial Accounting II (a required course for accounting majors).
- 2
A minimum grade of C is required in ACCY 3040 Financial Accounting II to take ACCY 4010 Auditing and ACCY 4020 Advanced Accounting (required courses for accounting majors).
- 3
Accounting majors may repeat this course only once for credit.
Overall Major GPA
A 2.0 is required for Overall Major GPA.
Resident Major GPA
A 2.0 is required for Resident Major GPA.
The B.Accy. degree requires a minor, which may be fulfilled by completing the
requirements as defined by any department that formally grants a minor (excluding
the general business minor) or a concentration owned by the School of Accountancy
that is approved by the dean. A student may use any of the required courses of
the B.Accy. program to meet a minor requirement so long as the student has 120
unique credit hours. Concentrations may not share with degree requirements.
Major Requirements II
| Code | Title | Hours |
|---|---|---|
| MGMT 3000 | Principles of Management | 3 |
| MKTG 3072 | Intro. to Operations & Supply Chain Mgmt | 3 |
| FINA 3000 | Business Finance I | 3 |
| ECON 3020 | Economic Statistics II | 3 |
| or BUSN 3020 | Business Statistics II | |
| MKTG 3000 | Marketing Principles | 3 |
| BAIS 3000 | Business Analytics & Info Systems | 3 |
| WRIT 4400 | Writing for Accountancy | 3 |
| MGMT 4930 | Management of Strategic Planning | 3 |
| or ACCY 5200 | Accounting Internship | |
| Total Hours | 24 | |
Concentration - Economics
| Code | Title | Hours |
|---|---|---|
| Select six hours of Econ 3000+, excl ECON 3020 | 6 | |
| Select six hours of ACCY emphasis electives | 6 | |
| Total Hours | 12 | |
Concentration - General Finance
| Code | Title | Hours |
|---|---|---|
| Select at least 9 hours of finance coursework at the 300 level or above, excluding FINA 3000 | 9 | |
| Select three hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Insurance & Risk Management
| Code | Title | Hours |
|---|---|---|
| FINA 3410 | Risk Management and Insurance | 3 |
| Select six hours of Ins & Risk electives from the following: | 6 | |
| Life and Health Insurance | ||
| Commercial Insurance | ||
| Insurance Company Operations | ||
| Enterprise Risk Management | ||
| Select three hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Management
| Code | Title | Hours |
|---|---|---|
| MGMT 3920 | Organizational Behavior | 3 |
| MGMT 3910 | Human Resource Management | 3 |
| Select three hours of Mgmt 4000+ | 3 | |
| Select three hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Management Information Systems
| Code | Title | Hours |
|---|---|---|
| 9 hours of 3000+ level BAIS courses | 9 | |
| 3 hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Managerial Finance
| Code | Title | Hours |
|---|---|---|
| FINA 3340 | Investments | 3 |
| Select six hours of EM Fin emphasis electives from the following: | 6 | |
| Intermediate Financial Management | ||
| Financial Decision Making | ||
| Security Analysis and Portfolio Mgmt | ||
| Managing Financial Institutions | ||
| International Finance | ||
| Futures, Options, and Swaps | ||
| Select three hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Marketing
| Code | Title | Hours |
|---|---|---|
| MKTG 3411 | Consumer Behavior | 3 |
| Select six hours of Mktg 3000+, excl 3000, 3072 | 6 | |
| Select three hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Real Estate
| Code | Title | Hours |
|---|---|---|
| FINA 3510 | Principles of Real Estate | 3 |
| Select six hours of Real Estate emphasis electives from the following: | 6 | |
| Real Estate Valuation and Appraisal | ||
| Real Estate Investment Analysis | ||
| Select three hours of ACCY emphasis electives | 3 | |
| Total Hours | 12 | |
Concentration - Investment Analytics
| Code | Title | Hours |
|---|---|---|
| Choose 9 hours from the following: | 9 | |
| Must receive a B or better on first attempt. | ||
| Investment Analytics Internship | ||
| Predictive Models, Accy Analytics, & AI | ||
| Financial Statement Valuation Analytics | ||
| Investments, Markets, & Infrastructure | ||
| Select three hours of ACCY emphasis electives | 3 | |
| Failure to meet grade requirements will result in removal from the concentration. | ||
| Total Hours | 12 | |
Other Academic Requirements
To qualify for the B.Accy., a student must earn a minimum grade-point average of 2.0 on the cumulative hours attempted at the university and a minimum grade-point average of 2.0 on 300-level or above accountancy courses completed through the university and must comply with general university requirements for graduation. A student must complete in residence at least 30 semester hours of courses above the 300 level in accountancy or business.
Students pursuing the Bachelor of Accountancy must earn a B or better in ACCY 2010 and 2020, and a C or better in ACCY 3030 and 3040.