Undergraduate Degree & Course Catalog

Accounting - Degrees & Policies

Degrees Offered

Undergraduate: BS in Accounting
Graduate: MS in Accounting, MBA, MS, PhD
Minors: Management


Academic advisement is available in the Undergraduate Academic Programs Office in 204 Alfiero Center (716-645-3206). The office is open Monday through Friday from 8:30 a.m. to 5:00 p.m. (closed noon-1:00 p.m.)

Acceptance Information

Students may enter the accounting major at entry as freshmen, transfer students, or later in their academic careers. Academic performance in the freshmen and sophomore year courses is the main criterion for admission/continuation to the upper division accounting curriculum. In the first two years, students work on the UB Curriculum and the seven School of Management prerequisite courses required to enter the junior year major courses.

All students are reviewed for academic progress each semester to ensure good and timely academic progress toward the major is achieved. To remain in the accounting major and be permitted to take restricted upper division (300/400-level) School of Management courses, students must satisfy the prerequisite and GPA admission criteria in the accounting BS degree chart below. It is particularly important that accounting majors stay on track to enter the junior year accounting courses in a fall semester.

Current UB students who did not apply to the School of Management at entry to UB who wish to change majors to accounting will also need to satisfy these prerequisite and GPA admission/continuation criteria and may apply on-line. Students may visit 204 Alfiero Center to declare their interest in changing to accounting or in changing from accounting to business administration at any time. However, in order to best facilitate proper course registration, students ought to complete the change of major request on-line as soon as they are considering the accounting major.

Applications to the accounting program, or continuation in the accounting major, require that the following standards be achieve prior to entering the junior year major requirements:

  1. completion of MGA 201 and MGA 202 with minimum grades of B
  2. minimum GPA of 3.0 in the seven prerequisite courses
  3. an overall, transfer, and UB GPA minimum of 3.0. Accounting applications are available in 204 Alfiero Center, or online

Students who do not meet these requirements must explore other majors.

Transfer Policy

Students may apply for transfer from two-year and four-year colleges and enter the accounting program as majors; they are subject to the academic review and requirements previously stated, including a minimum transfer GPA of 3.0 at time of admission to UB. Transfer students who have completed a minimum of 60 credit hours and the seven management prerequisite courses (or approved equivalents) with a minimum GPA of 3.0, and minimum grades of B in MGA 201 and MGA 202 (or approved equivalents) are permitted to begin the upper division accounting program at entry provided entry is a fall start.

The following courses are prerequisites to upper level courses in the major and must be completed with a minimum GPA of 3.0: introductory psychology, introduction to statistics for analytics, introduction to financial accounting, introduction to management accounting, macroeconomics, microeconomics, and mathematical analysis for management (business calculus/calculus I). The normal requirements for a transfer student to petition for course equivalencies for MGA 201 and MGA 202, Financial and Management Accounting, is the successful completion of two semesters of accounting courses, including financial and managerial accounting. Upper level management related courses should be deferred until the junior or senior year at the university.

All admissions decisions and other policies and regulations established by the School of Management are subject to review by the written petition procedures.

Accounting - B.S.

Acceptance Criteria

Students may apply for admission to the accounting BS when they enter the university as freshmen, transfer students, or later in their academic careers. To remain in the accounting major and to be permitted to take restricted upper division (300/400 level) School of Management courses, students must satisfy the following requirements:

  1. Successful completion of the seven management prerequisite courses with a minimum cumulative GPA of 3.0 in the seven courses. If a course is repeated, the School of Management will only look at the grade earned the second time, even if the grade is lower than the grade earned the first time. Students may not enroll in any major-related (including prerequisite) course for a third attempt.
  2. Minimum transfer, overall, and UB GPA of 3.0.
  3. Minimum grades of B in Introduction to Financial Accounting and Introduction to Management Accounting.
  4. Junior standing (completion of 60 credits.)

Prerequisite Courses

ECO 181 Introduction to Macroeconomics
ECO 182 Introduction to Microeconomics
MGA 201 Introduction to Financial Accounting (minimum grade of B required)
MGA 202 Introduction to Management Accounting (minimum grade of B required)
MGQ 201 Introduction to Statistics for Analytics
MTH 131 Mathematical Analysis for Management*
PSY 101 Introductory Psychology

*Transfer students who have successfully completed a Calculus I (MTH 121, MTH 141, or MTH 153 equivalent) prior to entering UB will be waived from MTH 131. UB students who began their studies in a major outside of the School of Management who completed MTH 121, MTH 141, or MTH 153 as part of their prior academic program will also be waived from MTH 131. Entering freshmen who have earned AP credit for MTH 141 will also be waived from MTH 131. All intended or approved School of Management majors are required to complete MTH 131.

Required Courses

MGA 301 Intermediate Financial Accounting I: Assets and Income Determination*
MGA 302 Intermediate Financial Accounting II: Equities*
MGA 311 Accounting Systems*
MGA 314 Cost Accounting*
MGA 402 Auditing**
MGA 403 Introduction to Federal Income Taxes**
MGA 404 Advanced Financial Accounting**
MGB 301 Organizational Behavior and Administration
MGE 302 Applied Economics
MGF 301 Corporation Finance
MGG 298 Career Connections I
MGG 303 Communication Literacy for Business
MGG 398 Career Connections II
MGI 301 Human Resources Management and Labor Relations for Managers
MGM 301 Principles of Marketing
MGO 302 Production and Operations Management
MGO 403 Fundamentals of Strategic Management
MGQ 301 Statistical Decisions in Management
MGS 351 Introduction to Management Information Systems
MGT 403 Business Law I
Finance elective (3 credits): choose from MGF 401 Financial Institutions, MGF 402 Investment Management, MGF 403 International Financial Management, MGF 405 Advanced Corporate Finance, MGF 407 Financial Derivatives and Their Markets, MGF 420 Special Topics in Finance, or MGF 439 Security Trading and Exchange Design

* MGA 301, MGA 302, MGA 311, and MGA 314 must be completed with grades of C or better to continue in the accounting program. No repeating is allowed.
** No more than two 400-level accounting courses can be taken in the same semester.

Undergraduate Credit Requirements Chart
Credits Required for Major 85
Additional Credits Required for UB Curriculum 36
Total Credits Required for Degree 121

Students should consult with an academic advisor to determine how any transfer or exam credit might be utilized in meeting UB Curriculum, prerequisite, or major requirements.

See Baccalaureate Degree Requirements (UB Curriculum) for UB Curriculum and remaining university requirements.

Recommended Sequence of Program Requirements

View the Finish in Four Curricular Plan for Accounting BS which is a recommended sequence of courses to help achieve this degree in four years.

Advising Notes

To graduate with a degree in accounting, students must have a minimum GPA of 2.0 in upper division (300 and 400 level) management classes, as well as meet the University Degree Requirements.

Students entering UB in the spring semester should be aware of possible course sequence problems that will necessitate registration in summer school or waiting additional semesters to take specific courses. Please be aware that admission to the junior year in accounting occurs only in fall semesters.

A BS degree in accounting does not qualify students to sit for the CPA exam. Students interested in the CPA should visit the NYS CPA website to investigate MS programs that meet the 150 credit hour requirement.

If you are an undergraduate accounting major and you wish to enhance your technical and professional skills through completion of an advanced degree in accounting or plan to pursue licensure as a certified public accountant (CPA), our Master of Science in Accounting is for you.

Created in response to demand by public accounting firms, the Master of Science in Accounting program enhances students' technical training and critical thinking skills while building expertise in a particular area of practice. Our program will strengthen your professional marketability, give you a broad array of employment options and help you make an immediate contribution to any organization.

The program offers admission in the fall only. International students are not eligible for this program unless they have completed an undergraduate accounting program at a U.S. institution. The one-year full-time curriculum, together with most undergraduate accounting programs, should satisfy the 150-hour educational requirement for certification and licensure as a certified public accountant (CPA). This is the educational standard advocated by the American Institute of Certified Public Accountants (AICPA) that is required in most states.

More information on our MS in Accounting.

Last updated: February 22 2022 21:08:39