School of Business
Concentrations in Business
The accounting curriculum prepares students for careers in auditing, corporate accounting and management services, governmental and nonprofit organizations, and taxation. In addition, it equips the prospective business executive with tools for analysis, prediction, decision-making, and control. It also provides an excellent background for students considering graduate work in business administration or law.
Career in Public Accounting (CPA)
To sit for the CPA Exam in Indiana, a minimum of 150 credit hours and certain specified courses are required. IU Kokomo’s degree with an accounting concentration satisfies all course specifications. You can sit for the CPA Exam as soon as you have earned 150 hours. Steps to a CPA: (1) Earn the 126-hour Baccalaureate Degree in Business with concentration in Accounting at IU Kokomo. (2) Ways to earn 150 hours of college work at IU Kokomo. Method #1. Earn a Master of Business Administration degree (only an additional 33 credit hours). A master’s degree will be worth much more in the way of prestige and lifetime earnings than merely achieving 150 hours of college work or taking a double major. Method #2. Earn the Post Baccalaureate Certificate. For students who already possess a bachelor’s degree in a field other than accounting. It requires 30 hours of accounting and 24 hours of non-accounting business courses. Careers in corporate, governmental, and not-for-profit accounting do not require 150 hours of college credits. A baccalaureate degree in accounting is sufficient. Students who do not wish to pursue a career in public accounting have many other career options, including corporate, governmental, and not-for-profit accounting. The 126-hour Baccalaureate degree will qualify the graduate to sit for some certification exams designed for these private sector careers, such as the Certified Management Accountant (CMA) and the Certified Internal Auditor (CIA) exams; however, no certification is required for a private sector career.
Sequencing toward the B.S. in Accounting degree
Freshman Year No Accounting Taken
- Fall BUS-A 201
- Spring BUS-A 202
- Fall BUS-A 311, BUS-A 325
- Spring BUS-A 312, BUS-A 337, BUS-L 303
- Fall BUS-A 328, BUS-A 422
- Spring BUS-A 339, BUS-A 424
Course Requirements: Sophomore Year: BUS-A 201, BUS-A 202, BUS-L 201. Junior and Senior Years: BUS-A 311, BUS-A 312, BUS-A 325, BUS-A 328, BUS-A 422, BUS-A 424, BUS-L 303, and one of the following accounting courses: BUS-A 339 or BUS-A 337. In addition, each student is required to complete an applied learning experience. See an advisor for options.
Finance and Economics
The concentration in finance and economics prepares students for management careers in banking, investing, manufacturing, and insurance. In addition, graduates will be attractive candidates for positions in government, utilities, communications, and nonprofit organizations. The finance and economics curriculum also provides an excellent background for students who desire to pursue graduate work in business administration, economics, finance, or law. The courses offered in this concentration are designed to equip students with the necessary background for interpreting data, forecasting, and decision making in a changing global economy. Course Requirements: Junior and Senior Years: BUS-F 302, BUS-F 420, ECON-E 303, BUS-F 494, any two 300-400 level Business and Economics courses. In addition, each student is required to complete an applied learning experience. See an advisor for options.
The management curriculum is designed with maximum flexibility to accommodate those students who have explicit career objectives and interests in several management areas including human resources. The courses offered in this concentration develop the student’s capacity as a decision maker in an organization. The student, working with a faculty advisor, can design a course of study that allows in-depth work in an area while attaining comprehensive understanding of managerial and processes associated with the human resource function in organizational settings. Course Requirements: Junior and Senior Years: BUS-L 406, BUS-W 430, BUS-Z 440, BUS-D 302 and any two 300-400-level business or economics courses. In addition, each student is required to complete an applied learning experience. See an advisor for options.
This concentration is concerned with activities related to the marketing of goods and services from the source of supply to the source of demand. Areas of study include buyer behavior, product and service development, pricing policies, institutions and channels of distribution, advertising and promotion, marketing research, personal selling, industrial marketing, Internet marketing, international marketing, and marketing strategy and policy. The marketing and international business curriculum focuses on the skills needed to plan, implement, and evaluate an organization’s programs related to marketing of goods and services. The curriculum helps students develop a clear understanding of marketing functions and how they interrelate with other functions of the firm. This concentration is particularly appropriate for careers in advertising, sales, brand management, retailing, wholesaling, market planning, industrial marketing, international marketing, marketing research, distribution, and marketing management in various types of organizations. Course Requirements: Junior and Senior Years: BUS-M 405, BUS-M 450, BUS-M 401, BUS-M 415, and any two 300-400-level business or economics courses. In addition, each student is required to complete an applied learning experience. See an advisor for options.
The Post-Baccalaureate Certificate in Accounting
This program is designed to prepare individuals for careers in public, industrial, or governmental accounting. Students will be prepared to sit for the Certified Public Accountant examination. Requirements (1) A baccalaureate degree from an accredited institution; (2) admission to Indiana University as a regular student; (3) completion of a minimum of 54 credit hours; 30 credit hours must be taken at Indiana University and 15 of the 30 credit hours must be taken at IU Kokomo; (4) a cumulative grade point average of 2.0 (C) or higher. Required Courses: BUS-A 201, BUS-A 202, BUS-A 311, BUS-A 312, BUS-A 325, BUS-A 328, BUS-A 422, BUS-A 424, BUS-L 201, BUS-L 303, BUS-K 201, BUS-S 302; 2 courses from: BUS-A 339, BUS-A 380, BUS-A 337. Elective Courses: 12 credit hours from any business courses.
By working with the undergraduate and graduate advisors and taking 15 credits a semester, it is possible to graduate in 5 years with both Bachelor of Science in Business and Masters of Business Administration (M.B.A.) degrees. Students interested in this program must be qualified to begin calculus their freshman year or must enroll in summer classes. Contact the undergraduate business advisor for more information.
Master of Business Administration
The IU Kokomo Master of Business Administration program, established in 1991, is designed to meet the needs of working professionals and employers in north central Indiana for high-quality graduate management education. IU Kokomo’s M.B.A. program fosters effective management of resources in diverse organizational units and settings. Attuned to the regional industry base, the M.B.A. program focuses especially on managing in a changing environment.
All required M.B.A. courses are offered in two formats: eight-week and sixteen-week. Each required course will be offered in both formats but in alternating years. A course that is offered as an eight-week course in the fall semester of 2012 will be offered as a sixteen-week course in the fall semester 2013 and vice-versa. This allows the student to take the required courses in their preferred format.