College of Business

Accounting & Finance

IACBE AccreditationBachelor of Science
(Integrated Degree)

About This Program

Purpose

The Bachelor of Science degree program in Accounting and Finance is designed to provide students with a unique blend of insights into financial information. Accountants and finance professionals often view the same data from different vantage points and with different goals. This often leads to a lack of communication between these two sets of professionals within the same organization. Conflicts between preparation and usefulness can arise and while neither side is wrong, a more careful understanding of the other's position will lead to better information being provided to the decision makers of the organization. This program integrates both disciplines with a carefully selected flow of courses that enables the student to interrelate the information provided to make both tactical and strategic decisions. The program provides a competitive advantage for students pursuing careers in either accounting or finance.

Program of Study

This program in the area of accounting and finance gives the student flexibility in both course offerings and career choices. The program of study provides a firm foundation in both accounting and finance. It differs from the University's traditional accounting or finance programs in two ways. It does not require the student to complete courses in advanced accounting (typically required for those pursuing the CPA); however, it provides the option to integrate those courses easily into the program. Similarly, FIN 301 Available Online, Personal Finance is not required in this program as the emphasis is more in the organizational arena; however, by using a free elective, the student can easily fit this course into her or his course of study.

Program Competencies

In addition to achieving the Wilmington University undergraduate graduation competencies given in the Academic Information and Procedures section of this catalog, graduating students will:

  1. Demonstrate effective information literacy and communication with valid and reliable research.
  2. By analysis apply ethical standards as required by accounting and finance professionals.
  3. Prepare a complete financial statement package presented in a professional format in conformity with generally accepted accounting principles (GAAP).
  4. Complete a consolidation worksheet to prepare a consolidated balance sheet, including elimination of inter-corporate investments as of the date of acquisition.
  5. Integrate financial terms, concepts and theories affecting corporations, brokerage firms, insurance companies and financial institutions (banks, credit unions, pension funds, etc.).

Minimum Grade Policy

Students pursuing a degree in Accounting and Finance are required by College of Business policy to attain a minimum grade of “C” for “all program core courses”. For the purpose of this policy “program core courses” are all accounting courses and finance courses. These courses are designated by the prefix “BAC” and “FIN” and are identified by “*” in the Suggested Program Sequence section.

This information applies to students who enter this degree program during the 2011-2012 Academic Year. If you entered this degree program before the Fall 2011 semester, please refer to the academic catalog for the year you began your degree program.