business : Accounting Major

Accounting Major

Accounting concerns the collection, processing and reporting of information about the financial performance of economic organizations. The demand for this information arises from many sources. These sources include the need of management to report to owners and shareholders, the need to make decisions, which promote the success of the organization, the need to comply with tax laws and other legal requirements, the need to offer information periodically to watchdog organizations and the need to hold manangers accountable to the public interest.

The accounting program at Wilmington College is designed to prepare students for a wide variety of career options in public accounting, industry, institutions, and government. In recognition of the role of accountants in today’s economy, the program emphasizes the development of both the ability to use the outputs of the accounting process and the skills necessary to design, operate and manage accounting information systems. Students completing the program can choose to demonstrate their proficiency in accounting by seeking to achieve professional designation as one or more of the following: Certified Public Account (CPA), Certified Management Account (CMA), and Certified Internal Auditor (CIA).

The broad academic curriculum in the accounting major and the highly interactive co-curriculum of student organizations and internships is infused with the core values of Wilmington College. These Core Values include Peacemaking, Social Justice, Respect for Self and Others, and Humanitarian Service. These values not only enhance the prospect of becoming an effective citizen, they also are important career builders. Firms increasingly seek executives who are accomplished at consensus decision- making, team building, mediation, and conflict resolution. Firms desire executives who comprehend issues of social justice, and appreciate the worth to business organizations of diversity training, community service, social responsibility, and highly refined business ethics. The Accounting program prepares students for a life of success and a life of service.

Student Organizations

Wilmington College Business Association (WCBA)

Founded by and presided over by students, the Wilmington College Business Association (WCBA) is a campus organization created for the purpose of introducing students to the world of business. Through company tours, guest speakers, and on-campus recruiters, students have the exciting opportunity to explore the current business environment and network with those who can impact their career most. Membership is open to all students and there is no cost to join.

Omicron Delta Epsilon

The honorary society for economics, Omicron Delta Epsilon is internationally known and widely respected. Membership is by invitation only for students who have taken four economics classes, carry a 3.0 overall, a 3.0 in Economics and possess a demonstrated appreciation for the economic perspective. The society offers opportunities for collaboration between students and faculty interested in Economics at Wilmington College and other institutions. There are also opportunities for undergraduate students to publish in the journal called The American Economist, as well as to enter Essay Competitions sponsored by ODE. Membership entitles the student to a free subscription to The American Economist for one year.

Ralph J. Stolle Entrepreneurship Program

In honor of Ralph J. Stolle and through a generous endowment from the Stolle family, Wilmington College is honored to have the Ralph J. Stolle Entrepreneurship program. The late Stolle was an inventor and industrialist and is known throughout the world for his invention of machinery that manufactures "pop-tops" for metal cans as well as his research and development of bovine immunization procedures. The Ralph J. Stolle Entrepreneurship Program seeks to work with area entrepreneurs in developing business plans, conducting marketing analysis, crafting strategy, and so forth. The business students of Wilmington College carry out this effort, garnering them invaluable experience as well as assisting budding entrepreneurs in the surrounding community.

ACCOUNTING MAJOR (MAIN CAMPUS AND TRI-COUNTY BRANCH): A total
of 54 hours is required.
Required courses:
ACC201 Principles of Accounting I (3)
ACC202 Principles of Accounting II (3)
ACC300 Intermediate Accounting I (3)
ACC301 Intermediate Accounting II (3)
ACC309 Tax Accounting (3)
ACC350 Cost Accounting (3)
ACC360 Computerized Accounting Systems (3)
ACC401 Auditing (3)
ACC425 Advanced Accounting (3)
ECO101 Principles of Economics I (3)
ECO102 Principles of Economics II (3)
ECO341 Business Statistics I (3)
MGT211 Introduction to Management (3)
MGT407 Business Law (3)
MGT409 Corporate Finance (3)
MKT205 Introduction to Marketing (3)
PSY329 Organizational Behavior (3)
Required: one course from the following.
ACC430 Issues in Contemporary Financial Reporting (3)
ACC431 Financial Statement Analysis (3)