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The information on this page pertains to students who were admitted to Drake during the 2018-2019 academic year or were admitted to Drake prior to the 2018-2019 academic year and declared a change to the 2018-2019 catalog requirements.

Students can view the catalog year to which they belong by viewing MyDUSIS > Student Services & Financial Aid tab > Student Records link > View Student Information link. Students who do not belong to the 2018-2019 academic catalog should use the navigation menu on the left of this page to consult the requirements of their particular catalog.


School of Accounting web site


The School of Accounting provides an education in accounting and business law that prepares graduates to assume entry-level positions in public, private, governmental, and not-for-profit accounting. Its program establishes a foundation for future growth and development for the accounting student. Students learn how to develop, analyze, interpret and present business data and information that enable effective business decision-making. The curriculum prepares graduates to sit for professional examinations in accounting that lead to such designations as Certified Public Accountant (CPA), Certified Management Accountant (CMA), and Certified Internal Auditor (CIA). Finally, the accounting major is excellent preparation for law school and a legal career.

Graduates are prepared to assume responsibilities in a wide range of professional positions and in diverse employment situations. For example, positions are available for graduates as auditors, tax and business and consultants in public accounting; cost control, budgeting, internal auditing, financial reporting and tax planning in both industry and the not-for-profit sector; and as auditors and financial managers in the public sector.

Requirements for Accounting Major

The School of Accounting awards both graduate and undergraduate degrees in accounting. The undergraduate degree, a Bachelor of Science in Business Administration (B.S.B.A.), requires 124 semester hours and is typically completed in four years on a full-time basis. A student may pursue either the accounting major itself or a joint major in accounting and another discipline within the College of Business and Public Administration (CBPA). 

The accounting major requires completion of 27 credit hours of accounting courses, beyond introductory accounting (ACCT 041 and 042).  The graduate degree in accounting, Master of Accounting (MAcc), requires an additional 30 hours of graduate study beyond the B.S.B.A. degree and is typically completed in one year. However, with careful planning, both the bachelor’s and master’s degrees can be completed in as little as four and one-half years. A student may choose to earn the B.S.B.A. degree or both the B.S.B.A. and MAcc degrees depending upon his/her career interests.

Almost all of the 54 jurisdictions in the United States that confer the CPA certificate require 150 hours of collegiate study comprising an accounting major for certification. Drake’s MAcc degree provides the additional study in accounting, business law, and related subjects necessary to earn the CPA designation in those jurisdictions requiring 150 hours of study. Details of the MAcc are available in Drake’s Graduate Catalog.

The accounting major is integrated with courses in the liberal arts and in other business disciplines throughout both the B.S.B.A. and MAcc programs. From the first year through the fourth or fifth year of study, each student is involved in the major through a minimum of two accounting and/or business law courses per academic year. This integrated curriculum of accounting, business law, liberal arts and business provides the educational foundation needed for a successful professional career and success in completing the professional certification examinations.

To graduate with an undergraduate accounting major, a student must maintain a cumulative GPA of 2.00 for all Drake University work attempted, a cumulative GPA of 2.00 for all courses taken in the College of Business and Public Administration that carry a number of 100 and above, and a cumulative grade-point average of 2.00 or above for all 100-level accounting courses required to complete the major.

Course Credits
ACCT 041 - Introduction to Financial Accounting 3
ACCT 042 - Introduction to Managerial Accounting 3
ACCT 105 - Accounting Information Systems 3
ACCT 110 - Managerial Accounting 4
ACCT 120 - Advanced Managerial Accounting 3
ACCT 165 - Financial Accounting I 4
ACCT 166 - Financial Accounting II 4
ACCT 175 - Auditing Principles 3
ACCT 185 - Individual Taxation 3
BLAW 060 - Business Law I 3
Select one of the following:
ACCT 167 - Advanced Financial Accounting 3
ACCT 186 - Business Entity Taxation 3
BLAW 120 - Business Law II 3
BLAW 180 - Business Organizations 3
IS 114 - Advanced IT Applications for Business 3


Requirements for Joint Majors

The purpose of the joint major in accounting is to provide the opportunity for students to complete an in-depth study of both accounting and another business discipline within the 124 credits needed to obtain an undergraduate degree. This is not possible if the student pursues a double major in accounting and another business discipline. The accounting joint major requires completion of 18 credit hours of accounting courses, beyond introductory accounting, along with additional credit hours in another CBPA discipline.  The following accounting joint majors are offered

  • Accounting/Actuarial Science
  • Accounting/Finance
  • Accounting/International Business
  • Accounting/Information Systems
  • Accounting/Management
  • Accounting/Marketing

Unlike a double major, a joint major is a single major that incorporates coursework in both accounting and another business discipline.  At the completion of a joint accounting major, a student meets the education requirement to sit for the Certified Management Accountant (CMA), and Certified Internal Auditor (CIA) examinations.

The joint major enables graduates to seek accounting positions in industry, government and the not-for-profit sector. In addition, it provides students who are not interested in accounting as a career, a strong foundation in financial reporting, cost accounting, taxation, and the auditing of operations. The joint accounting major still provides the undergraduate student with the accounting courses needed to enter the Master of Accounting degree program, if a student should decide later to pursue CPA professional certification.

A joint accounting major requires:

  1. Acceptance of the student into the School of Accounting.
  2. Completion of ACCT 105, 110, 165, 166, and either 175 or 185 with a cumulative GPA for these courses of 2.00 or higher.
  3. Completion of the requirements of another discipline in the College of Business and Public Administration.  See the description of the non-accounting disciplline to identify its joint major requirements.

2018-2019 Drake University Undergraduate Catalog
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