Department of Accounting, Finance, and Information Systems
Accounting and Management Information Systems majors are required to complete a three-credit practicum experience while enrolled in the professional program. This requirement prepares the student for the accounting or management information systems world through practical experience in their primary area of study. Students must consult with their academic adviser and obtain approval prior to enrolling in the practicum.
Accounting is a profession that deals with providing financial information used in making business decisions. Accounting involves a range of skills that includes collecting, measuring, interpreting, analyzing, and communicating financial activity. A major in Accounting focuses on the development of such skills along with an understanding of the legal, social, and ethical responsibilities involved in the accounting profession.
Financial accountants prepare financial statements used in investing and lending decisions. Auditors examine financial statements and attest to their status. Management accountants evaluate and communicate internal financial information used by managers to operate a business. Forensic accountants specialize in the investigation and detection of, and protection against, fraud and abuse. Accountants also provide tax advisory services to firms, clients, and governmental agencies. With their specialized knowledge concerning the internal operation of a business, many accountants provide management advisory services. Also, because of the specialized knowledge, many accountants advance into management positions.
Students majoring in Accounting are required to learn how to apply technology in business and must take courses in many other aspects of business to understand how an accountant’s work relates to marketing, management, finance, and production.
This four-year program leads to a Bachelor of Science degree with a major in Accounting. Completion of this program qualifies students to take the examinations required to become a Certified Management Accountant (CMA), Certified Internal Auditor (CIA), and Certified Fraud Examiner (CFE).
Students interested in sitting for the Certified Public Accounting (CPA) exam need an additional 28 credit hours beyond the 122 credit hours required for the Accounting major. Students are encouraged to satisfy the additional credit hours through the Master of Accountancy (M.Acc.) degree.
Students earning majors in other fields may select a minor in Accounting. A minor includes Elements of Accounting I and II (ACCT 200 and 201), Intermediate Accounting I (ACCT 311), Cost Management Systems (ACCT 320), plus six credits in approved accounting courses. In addition, students must earn a 2.50 cumulative grade-point average in the accounting courses to be awarded a minor. A minor approval form is required. Completion of a minor in Accounting provides students with additional depth in accounting that many employers prefer.
The Finance major provides an academic experience sufficient to prepare students for employment in financial services, which includes banking, investment banking, investment management, financial planning, insurance and financial management. It also benefits students interested in pursuing finance-related professional certifications such as the Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA).
Fraud Investigation Minor
Students in this interdisciplinary minor will study the causes of fraud, as well as the detection, investigation, and prevention of fraud. See Interdisciplinary Programs section for further information.
Management Information Systems Major
Management Information Systems concerns the collection, organization, analysis, and dissemination of information for the planning and control of business/organizational operations. The Management Information Systems (MIS) program is designed for students who wish to prepare for professional careers in information processing or information systems in business and government. The program is designed to develop technical skills and administrative insights required for design, development, implementation, maintenance, and management of organizational information systems.
The MIS program at NDSU is a collaborative effort by the faculty of two disciplines: Management Information Systems and Computer Science. The objective is to provide students with both theoretical knowledge and hands-on experience. In addition to the required courses in management information systems and computer science, majors must complete a practicum in the management information systems area. Students pursuing an MIS major typically earn a Computer Science minor.
The Bachelor of Science (B.S.) degree provides sufficient background and skills to support a successful career in technical computing (for example, programmer, systems analyst, or systems designer), systems or network administration, database administration, information technology management, sales, or technical sales support.
Management Information Systems Minor
The Management Information Systems minor is intended for students who are planning careers that involve more active roles as computer users and evaluators, designers, and/or builders of information systems. The minor will provide exposure to issues relevant to the management of information technologies and the means to achieve organizational goals.
Contact the Department of Accounting, Finance, and Information Systems for specific course and minimum grade point average requirements. A minor approval form is required.
The Master of Accountancy (M.Acc.) is available. See the Graduate Bulletin for more information.