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College of Business and Management

THE ACCOUNTING MAJOR
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Accounting is the language of business — employees of small and large organizations must understand basic accounting principles. Knowledge of debits and credits, financial statements, and accounting information systems is basic for all business activities. Accounting majors must, of course, be well grounded in general business as well as in accounting theory and practice.

Prerequisites for all business major and minor programs include completing eight Foundation courses with a grade point average of 2.5 or higher and a grade of "C' or better in each course, and a minimum 2.0 cumulative grade point average for all course work at NEIU.

The program components leading to a Bachelor of Science degree with a major in Accounting are:

CORE
COURSES
REQUIRED
MAJOR COURSES
ELECTIVES
ACTG 201

Introduction to Financial Accounting (also in Foundation)

ACTG 301 Cost Accounting I

There are no elective requirements for the Accounting major.

 

ACTG 202

Introduction to Managerial Accounting (also in Foundation)

ACTG 307 Auditing Theory and Problems
BLAW 285 Legal Environment of Business (also in Foundation) ACTG 310 Federal Income Tax (Individual)
ECON 215 Principles of Macroeconomics ACTG 321 Intermediate Financial Accounting I
ECON 217 Principles of Microeconomics (also in Foundation) ACTG 322 Intermediate Financial Accounting II
ABF 350 Management Information Systems ACTG 324 Advanced Financial Accounting
FINA 360 Principles of Financial Management I ACTG 325 Contemporary Financial Accounting Issues
MNGT 370 Principles of Management BLAW 280 Business Law I
MKTG 350 Principles of Marketing BLAW 281 Business Law II
MNGT 368 Business Statistics MNGT 393 Strategic Management
MNGT 377 Production/Operations Management    
MNGT 379 Operations Research    
 
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