Bachelor in Accounting

General

Program Description

The accounting major provides students with a comprehensive, well-planned, and balanced learning experience designed to prepare graduates for success in the accounting profession and the business community. Students are prepared for many different career paths and graduate with a foundation well suited for advancement.

Accounting is often called the “language of business.” Businesses plan, assess, and report the results of operations, financial condition, and cash position using accounting principles to prepare financial statements that express business operations to both internal and external users of financial information. External users assess creditability, performance, risk, and investment potential while internal users assess the efficiency of resource allocation, performance, and achievement of strategic objectives in the daily management of a business. All organizations, whether large or small, rely on accountants to record and report the activities of the business.

Accounting Degree

The accounting major teaches students the language of business. The undergraduate program is tightly focused on core accounting concepts featuring financial, cost, systems, tax, and audit coursework. Accounting graduates are well-positioned to start their careers in accounting or continue their coursework with a lockstep “fifth year” Master in Accounting that completes the educational requirements for the CPA exam and ultimate certification. 

The accounting faculty encourages internships, and UT’s proximity to Tampa’s vibrant business core provides ample opportunity for internships with accounting firms, industry, government, and nonprofit enterprises. Undergraduate students participate in a service-learning experience, typically in the tax course, applying their learning in live client contact experiences. UT’s small classes and extensive research and writing opportunities provide accounting majors the opportunity to develop superior communication skills, making them highly sought after by employers and graduate programs.

Minor in Accounting

The minor in accounting provides a business student with technical knowledge concerning accounting principles and reporting, accounting systems, and decision making using accounting data. A minor in accounting requires the completion of 12 credit hours (four courses) in accounting after completion of the introductory courses in financial and management accounting. A typical minor might include two courses in intermediate accounting, accounting information systems, and cost accounting.

What Will You Learn?

The major in accounting offers a comprehensive curriculum designed to give graduates flexibility in their careers. Students benefit from small class sizes and personalized attention from professors, as well as regular exposure to real-world business environments. UT frequently partners with local companies and professionals for speaker events and other interactive activities.

Also available is a minor in accounting, which teaches accounting principles and reporting. Students study accounting systems and learn how to make business decisions using data. Skills and curriculum covered in the accounting major and minor include:

  • The science of accounting
  • Professional and ethical accounting standards and codes of conduct
  • How to formulate accounting responses
  • How to implement accepted accounting principles, domestically and internationally
  • How to select and apply appropriate tools and models for business problem solving
  • How to synthesize data, knowledge, and insight to analyze business problems
  • The preparation and communication of accounting proficiency in financial accounting, managerial accounting, auditing, and business law
  • The technological and research skills needed to resolve accounting, audit, tax and legal issues

Sample Courses

  • Managerial Accounting
  • Federal Tax Accounting
  • Auditing and Attestation
  • Financial Management
  • Cost Accounting
  • Government and Not-for-Profit Accounting
  • Accounting Information Systems
  • International Accounting

Internationally Recognized Program

The Sykes College of Business is accredited at the undergraduate and graduate levels by AACSB International (the Association to Advance Collegiate Schools of Business), an honor held by only six percent of business schools worldwide. It is rated a top-85 graduate business school in the U.S. by Bloomberg Businessweek, and since 2007 has been named among the best business schools in the world by The Princeton Review.

Practical Experience and Networking

Internship Program

In today’s challenging job market, companies and graduate schools seek candidates with real-world experience. UT’s accounting internship program enjoys the growing interest of local and national firms in recruiting students for internships.

Accounting internships challenge students to practice what they learn in class. Additionally, they allow students to experience a professional work environment prior to graduation and to make better career decisions. UT requires that accounting students be paid for their internships. Participating employers value the caliber of UT students and recognize that many are capable of performing the duties of a junior staff member.

Students interested in finding accounting internships should visit HIRE-UT. This website is hosted by the Office of Career Services and lists available internship opportunities. Visit www.ut.edu/hireut.

Companies that recruit and frequently hire UT students include:

  • Cohen & Grieb
  • EY
  • PwC
  • Citi
  • Florida Department of Revenue
  • Raymond James
  • Bankers Financial Corporation
  • KPMG
  • Warren Averett
  • Sunera
  • Crowe Horwath
  • Deloitte

Networking Opportunities

Accounting students can also gain real-world experience by interacting with the local business community through in-class consulting projects, guest speakers and field trips. UT’s proximity to downtown Tampa provides students with hundreds of networking opportunities within walking distance of campus.

Students also interact with the business community through UT’s Centers and Institutes, which include the Center for Ethics, TECO Energy Center for Leadership, Naimoli Institute for Business Strategy, Florida Directors’ Institute, and Lowth Entrepreneurship Center. They offer both students and community members the chance to participate in conferences, attend development programs, engage in dialog with professors about their research, and many other activities.

What Can You Do With This Major?

All organizations, whether large or small, rely on accountants to record and report the activities of the business. Therefore, accounting graduates become an integral part of business management teams and leaders in organizational decision-making processes.

Accountants and auditors work throughout public accounting, private industry, and government. Diverse career paths include:

  • External auditing
  • Internal auditing
  • IS auditing
  • Tax and management consulting
  • Financial accounting and reporting
  • Strategic management accounting
  • Financial analysis and treasury/cash management
  • Fraud/forensic accounting

Graduates of UT’s accounting programs consistently secure excellent positions or are accepted to top graduate schools across the country. They work for corporations and organizations such as GTE, Coca Cola, and the American Cancer Society, as well as public accounting firms such as Deloitte, PwC, and EY.

CPA License and Graduate Studies

Most accountant and auditor positions require a bachelor’s degree in accounting or a related field. Many also require a CPA license. Florida and 40 other states require a fifth year of education to qualify to sit for the CPA examination. Students can complete this requirement in UT’s Master of Science in Accounting program.

With a qualifying GPA, UT undergraduates are not required to take the GMAT entrance exam, which is an admissions requirement for all other prospective master’s degree students.

Admissions

Local Freshman Admissions

  • Official high school or secondary school transcript or GED results
  • $40 nonrefundable application fee
  • SAT and/or ACT scores
  • Completed guidance counselor recommendation form or recommendation letter from a teacher (not required if you graduated from high school more than two years ago)
  • Essay
  • Official college/university transcripts for any credits completed

Undergraduate International Admissions

  • Official transcripts for all secondary school or college coursework, with grades translated into English ("Official" means that you must request your school to send your transcript directly to the UT Office of Admissions. If that is impossible, send a copy that has been certified by your school as a "true copy" of the original after it is copied. An official at your school should sign the document as "true copy of the original.")  
  • $40 nonrefundable application fee
  • Essay, written in English (not required if you already graduated from high school and have completed some college credits)
  • Completed guidance counselor recommendation form (first-year students only)
  • Proof of English proficiency (please submit one of the following):
    • TOEFL: the minimum acceptable score is 550 or 213 (computer-based) or 79 (Internet-based)
    • IELTS: International English Language Testing System – minimum grade of 6.5
    • DuoLingo: the minimum acceptable score is 105. The Duolingo English Test is an online English proficiency test that can be taken online, on-demand, in under an hour for only $49. The test is taken online via a computer with a webcam and microphone. The test includes a proficiency score, video interview, and writing sample which are shared with The University of Tampa when you send your results. Certified results are available within 48 hours of the test session.
    • Successful completion of the English 112 certificate offered by ELS Language Centers accompanied by a letter of recommendation from an administrator and a 500-word English writing sample.
  • Proof of available funds to cover expenses for the first year of study
  • Essay (first-year students only)
  • Copy of biographical page of your passport (if available)
  • International Student Clearance Form (if currently studying in the U.S.)

Note: For special circumstances, additional documentation may be required in all categories.

Admission deadlines

The deadlines for Bachelors are as follows:

  • November 15 - Early Action I deadline; decision by December 15
  • January 15 - Early Action II deadline; decision by February 15
  • March 1 - Regular Decision deadline; decision by April 1
  • March 2 - Applications completed after March 1 are evaluated on a rolling basis

The average cost for full-time undergraduate students

Tuition (12-18 credit hours per semester): $28,802
Mandatory Fees (required): $2,082
Room and Board (double room, 15 meals per week): $11,526
Average Cost of Books (per year): $1,500

Total:

$43,910
Last updated Jul 2020

About the School

The University of Tampa’s Sykes College of Business is a leading private institution focused on the development of tomorrow’s global leaders. Our commitment to excellence is reflected in our AACSB acc ... Read More

The University of Tampa’s Sykes College of Business is a leading private institution focused on the development of tomorrow’s global leaders. Our commitment to excellence is reflected in our AACSB accreditation — a recognition that places us among the top 5 percent of graduate business schools worldwide. Read less

Accreditations

AACSB Accredited