Accounting

Ramona Nelson (department head)

The accounting major prepares students for career opportunities in public accounting, corporate finance, manufacturing, government service, health care, and nonprofit organizations. Students are also encouraged to design their Luther College curriculum to support future graduate studies.

Required for the major: The foundation courses which include ECON 130; MATH 115 or MGT 150; ACCTG 150; INSYS 250; MATH 141 or MATH 151. Also required are ACCTG 250, 353, 354, 358, 365, 467, 468, 490. The ACCTG 490: Senior Project course is required to complete an accounting major. Writing requirement completed with ACCTG 467. Suggested electives include ECON 247, 248, MGT 353 and MGT 361. Students must achieve at least a C average (2.0 GPA) in the foundation courses. Courses in which grades below C- are earned will not count toward filling the foundation requirements. These foundation requirements should be completed by the end of the sophomore year. (Accounting courses numbered above 300 are intended for students with junior standing.)

Students majoring in this area are urged to consider the following courses as electives: COMS 132 and COMS 252, ENG 210, PHIL 100 and PHIL 120, SOC 101, POLS 130, PSYC 130. Students planning on graduate study should consider MATH 240, 321, and MATH 322.

The credit hours required for the accounting major must be earned in regular classroom courses. Credits earned through directed readings, independent study, internships and the senior project may not be counted toward the total hours required for the major.

Students interested in specific professional exams, e.g., CPA, CMA, CIA, should seek the advice of an accounting faculty member.

States require 150 credit hours of postsecondary education prior to licensing as a CPA. Because of the state-by-state variation in these requirements, students interested in the CPA certification should consult with an accounting faculty member to plan their program of study.