Accountancy (ACCT-AAS-BU), A.A.S.

Location(s): Ferris Main Campus

Associate of Applied Science

The Associate of Applied Science in Accountancy can lead to a highly respected and rewarding career. It can prepare you for a variety of entry-level jobs in industry, government, not-for-profit organizations, and many professional service organizations that require an understanding of the language of business. The program provides a solid basis in accounting as well as the related computer skills that are critical to employers. While some students complete the program as a step towards further study, the degree also prepares students for entry-level positions such as accounting/payroll clerks, bookkeepers or accounting assistants. The degree can open doors for business positions that provide solid earnings potential.

The Associate of Applied Science in Accountancy is accredited by the Accreditation Council for Business Schools & Programs (ACBSP).

Program Outcomes

Summarize the economic consequences of business activities to inform decision makers in complex economic environments supported by generally accepted accounting principles.
Adhere to the ethical requirements of the profession and be able to make value-based decisions by identifying ethical issues and formulating well founded ethical judgments in the practice of accounting.
Evaluate economic effects of business transactions and identify assumptions, extraneous information, reasoning, and evaluation of arguments.
Present and defend their interpretations through formal and informal, written, and oral presentation using appropriate technology.

Admission Requirements

New Student Admission Requirements

2.50 High School GPA (on a 4.00 scale)
SAT Scores Two of the Three Criteria:
1. ERW SAT score of 450 or higher.
2. Math SAT score of 500 or higher. Placement in MATH 109 or MATH 110 will be considered (Math SAT score of 480 or higher).
3. Composite SAT of 900 or higher.
ACT Scores Two of the Three Criteria:
1. English ACT score of 16 or higher.
2. Math ACT score of 19 or higher.
3. Reading ACT score of 19 or higher.

Transfer Student Admission Requirements

Combined college or university GPA of 2.35 (on a 4.00 scale) from all institutions attended. GPA based on completion of 12 credit hours or more. Developmental courses will not be considered in computing the GPA requirement.
Transfer equivalency for Ferris State University’s ENGL 150 or placement during the first semester at Ferris State University which would require an English ACT score of 16 or higher; or ERW SAT score of 450 or higher; or English Accuplacer score of 6 or higher.
Transfer equivalency for Ferris State University’s MATH 114 or MATH 115 or placement during the first semester at Ferris State University which would require a Math ACT score of 19 or higher; Math SAT of 500 or higher; or Math Accuplacer scores: Elementary Algebra score 75 or higher and College Level Math 0 to 49.

University Requirements - 25 to 26 Credits Required

First Year Seminar Requirement (FSUS 100 or Equivalent) - 0 to 1 Credit Required

All First-Time-In-Any-College Freshmen (FTIACs) must complete a one-credit FSUS 100 course, or its equivalent. Additional information and the definition of FTIAC for FSUS purposes can be found in the: Ferris State University Academic Affairs FSUS Policy

University General Education Requirements - 25 Credits Required

Courses in this section are required to satisfy the University General Education Requirements for an associate degree. The University General Education requirements can be found on the: Ferris State University General Education Requirements Webpage

Communication Competency - 6 Credits Required (or Their Equivalent)

ENGL 150 - English 1 Credit Hours: 3
ENGL 250 - English 2 Credit Hours: 3

Quantitative Literacy Competency - 4 Credits Required (or Their Equivalent)

MATH 114 - Quantitative Reason for Pro 2 Credit Hours: 4
Official Pre-2016 Math SAT Score of 560 or Higher
Official Post-2016 Math SAT Score of 580 or Higher
Official Math ACT Score of 24 or Higher

Natural Sciences Competency - 3 Credits Required

One course is required with a minimum of 3 credits: must be a lab course.

Cultural Competency - 9 Credits Required

Three courses are required with a minimum of 9 credits: must be from two different disciplines, have at least one 200 level or higher course, and have no more than 5 credits from Cultural Competency Activities.

Self and Society Competency - 3 Credits Required

ECON 201 - Principles of Microeconomics Credit Hours: 3

Additional General Education Requirements - 6 Credits Required

These courses are additional General Education courses to meet the requirements for this specific program.

COMM 121 - Fundamentals-Public Speaking Credit Hours: 3
ECON 202 - Principles of Macroeconomics Credit Hours: 3

College Requirements - 36 Credits Required

Professional Component - 15 Credits Required

These courses are used to calculate the major 2.00 GPA requirement.

ISYS 105 - Introduction to Microcomputer Systems and Software Credit Hours: 3
ACCT 201 - Princ. of Financial Accounting Credit Hours: 3
STQM 260 - Introduction to Statistics Credit Hours: 3
Choose 1 of 2
BLAW 301 - Legal Environment of Business Credit Hours: 3
BLAW 321 - Contracts and Sales Credit Hours: 3
MGMT 301 - Applied Management Credit Hours: 3

Major Courses - 15 Credits Required

These courses are used to calculate the major 2.00 GPA requirement.

ACCT 202 - Princ of Managerial Accounting Credit Hours: 3
ACCT 241 - Computerized Accounting Credit Hours: 3
ACCT 310 - Intermediate Accounting 1 Credit Hours: 3 (May Be Taken Concurrently with MATH 114 )
Choose 1 of 3
ACCT 312 - Intermediate Accounting 2 Credit Hours: 3 (Required for the Accountancy Bachelor’s Degree)
ACCT 321 - Cost Accounting 1 Credit Hours: 3 (Required for the Accountancy Bachelor’s Degree)
ACCT 322 - Adv Managerial Accounting Credit Hours: 3
ACCT 350 - Fed Income Tax-Individual Credit Hours: 3

Directed Electives - 6 Credits Required (Advisor Approval)

These courses are used to calculate the major 2.00 GPA requirement.

Notes

Students who return to the university after an interrupted enrollment, not including summer semester, must normally meet the requirements of the curriculum which are in effect at the time of their return, not the requirements which were in effect when they were originally admitted.
Accountancy students must be able to demonstrate competency in ISYS 105 topics or take ISYS 105 .
Credit Variance - Credits required may vary based on course placement, prerequisites, etc. If you have questions, contact your advisor.

Graduation Requirements

In order to graduate from Ferris State University, students must meet both University and Programmatic Graduation Requirements.

University Graduation Requirements

These are the minimum graduation requirements for an associate degree at Ferris State University:

All requirements as specified in the University Requirements section must be met.
A minimum of 60 credits must be earned.
A 2.00 or higher cumulative Ferris State University GPA is required.
A minimum of 15 credits must be earned from Ferris State University to meet the Residency requirement.

Programmatic Graduation Requirements

These are the additional graduation requirements mandated by the program:

All requirements as specified in the College Requirements section must be met.
A 2.00 or higher cumulative GPA is required in the Major Courses and Professional Component sections.