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Department of
Business

Accounting

The Accounting Minor is a valuable addition to any major(s) you choose at MMC. Your major provides strong liberal arts and/or pre-professional training in a specific area of study. The Accounting Minor provides knowledge and skills to support you in the workplace.

LEARNING GOALS FOR THE MINOR IN ACCOUNTING

  • Business functions: Students will demonstrate a basic knowledge of generally accepted financial accounting principles. They will identify a publicly traded company’s choice among alternative accounting methods and analyze how the choice affected the financial results as presented in the financial statements.
  • Quantitative and technological skills: Students will record financial transactions and prepare financial statements.
  • Critical thinking skills: Students will analyze financial transactions and articulate whether the presentation of the transactions are in accordance with generally accepted accounting principles. They will support their conclusion with examples of proper presentation as provided by the accounting regulations.
  • Communication skills: Students will communicate their basic knowledge of financial statement analysis using proper business terminology. 

REQUIREMENTS FOR THE MINOR IN Accounting

ACCT 215 Principles of Accounting I 3
ACCT 217 Principles of Accounting II 3
Elective Courses (select three of the following):
ACCT 319 Intermediate Financial Accounting I 3
ACCT 321 Intermediate Financial Accounting II 3
ACCT 324 Intermediate Managerial Accounting 3
ACCT 325 Income Taxation of Individual 3
ACCT 326 Advanced Income Taxation 3
ACCT 328 Financial Statement Analysis 3
ACCT 329 Taxes and Business Management Decision 3
ACCT 332 Forensic Accounting 3
Total Credits
15


Note: since some courses have prerequisites, the specific program should be arranged in close collaboration with an accounting faculty advisor.


Faces of MMC

  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/854-brandon-waters"><img src="/live/image/gid/125/width/215/src_region/20,26,193,199/4099_brandon.rev.1472490809.jpg" alt="Brandon Waters" title="Brandon Waters" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p> “There’s no better city to be in for business majors. The people I was able to surround myself with, the internships I was able to attain, and the accessibility were all invaluable. MMC takes ‘NYC as your campus’ seriously, and I always felt supported in learning outside of the 71<sup>st</sup> street campus. “</p></div><div class="lw_profiles_name"><a href="/live/profiles/854-brandon-waters">Brandon Waters</a></div><div class="lw_profiles_104"><p> Class of 2011, Major in Marketing</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1643-kristina-aasheim"><img src="/live/image/gid/125/width/215/src_region/0,0,2048,1365/13037_kristina_aasheim.rev.1461611474.jpg" alt="Kristina Aasheim" title="Kristina Aasheim" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p> ” I can say that my studies and my internship have prepared me well for a career. “</p></div><div class="lw_profiles_name"><a href="/live/profiles/1643-kristina-aasheim">Kristina Aasheim</a></div><div class="lw_profiles_104"><p> Double major: Business and Theatre Arts, 2016</p><p> Minor: Musical Theatre</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/2072-sindelt-flores"><img src="/live/image/gid/125/width/215/src_region/0,0,750,1000/15810_umbra-institute--marymount-manhattan-in-italy_flores_lo-res.rev.1500668583.jpg" alt="Sindelt Flores" title="Sindelt Flores" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“Being a liberal arts school, they don’t want you to just study for your specific Major, they want you to explore and learn from other things,” explained Sindelt before describing the study abroad office as being helpful and encouraging. As a result, she feels she has been able to take an interdisciplinary approach to her education, enabling her to confidently relate to people of diverse backgrounds. In conclusion, Sindelt shared that she felt Marymount Manhattan played a significant role in her decision to go abroad. She now feels more prepared for her future career in the business field.”</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/2072-sindelt-flores">Sindelt Flores</a></div><div class="lw_profiles_104"><p> Class of 2018, Business Major with concentration in Media and Arts Management</p><p>  </p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/845-sofija-gligorov"><img src="/live/image/gid/125/width/215/src_region/0,0,1100,1100/4551_sofija_gligorov.rev.1472490809.jpg" alt="Sofija Gligorov" title="Sofija Gligorov" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p> “The amazing classes taught by brilliant professors gave me the knowledge needed to step into a full-time role at a company. Furthermore, the fact that the college was in NYC made me independent, courageous, and open-minded. Being an RA (Resident Advisor) developed my communication, organization, and prioritization skills, which are crucial to my current role. Also, the peer-to-peer relationships that I developed with my professors gave me the confidence and support for the future.” </p></div><div class="lw_profiles_name"><a href="/live/profiles/845-sofija-gligorov">Sofija Gligorov</a></div><div class="lw_profiles_104"><p> Class of 2013 Valedictorian, Major in International Business and Economics</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1311-megan-odonnell"><img src="/live/image/gid/125/width/215/src_region/0,0,204,212/9884_megan_france.rev.1472490810.jpg" alt="Megan O’Donnell" title="Megan O’Donnell" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>Megan graduated with a degree in International Business and loved her study abroad experience in Paris.</em></p><p>  </p></div><div class="lw_profiles_name"><a href="/live/profiles/1311-megan-odonnell">Megan O’Donnell</a></div><div class="lw_profiles_104"><p> Class of 2015</p><p> B.S. in International Business, minors in Economics and French</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1517-brooke-czoski"><img src="/live/image/gid/125/width/215/src_region/0,0,1463,1463/12287_brookeczoskiheadshot.rev.1457019601.jpg" alt="Brooke Czoski" title="Brooke Czoski" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p> “The professors at MMC are what really made my experience enjoyable. The passion, dedication, and expertise that they projected created an environment where everyone wanted to succeed.”</p></div><div class="lw_profiles_name"><a href="/live/profiles/1517-brooke-czoski">Brooke Czoski</a></div><div class="lw_profiles_104"><p> 2015, BS Marketing</p><p> Minor: Fashion Studies</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/849-sharmin-kazi"><img src="/live/image/gid/125/width/215/src_region/101,0,447,346/4552_utilivisor.rev.1472490809.jpg" alt="Sharmin Kazi" title="Sharmin Kazi" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“For anyone considering attending Marymount, I would highly recommend choosing a Business major; the faculty members in the Business division are excellent and the courses are challenging. The small class sizes, the faculty expertise and the myriad opportunities that the Business department has to offer is invaluable for any student looking to expand their skill set and pursue a rewarding career.”</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/849-sharmin-kazi">Sharmin Kazi</a></div><div class="lw_profiles_104"><p> Class of 2009, Major in Accounting and Minor in Philosophy</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1335-blake-balsamo"><img src="/live/image/gid/125/width/215/src_region/0,0,213,320/10160_image001.rev.1472490809.jpg" alt="Blake Balsamo" title="Blake Balsamo" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p> “I was in the class of 2015 and graduated Summa Cum Laude with a double major in Accounting and Finance, and a minor in Economics. The business program at Marymount is a hidden jewel with professors who are both excellent professionals and dedicated mentors. I was encouraged to constantly challenge myself and explore career paths. My advisors and professors helped me obtain scholarships and internships and were great counselors when it came to selecting a job that I loved. I received six job offers as I was getting ready to graduate and my professors helped guide me through the decision making process.Upon graduation, I decided to take a position as a Global Commercial Risk Analyst with Citigroup.”</p></div><div class="lw_profiles_name"><a href="/live/profiles/1335-blake-balsamo">Blake Balsamo</a></div><div class="lw_profiles_104"><p> Class of 2015, Double Major in Finance and Accounting</p><p> Minor: Economics</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1310-nicole-marlin"><img src="/live/image/gid/125/width/215/src_region/0,0,1080,1920/9947_professional_photo.rev.1472490810.jpg" alt="Nicole Marlin" title="Nicole Marlin" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“As a rising junior, Nicole interned at IBM, where she accepted a position after graduation.”</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/1310-nicole-marlin">Nicole Marlin</a></div><div class="lw_profiles_104"><p> Class of 2017, Double major in Entrepreneurship and Marketing </p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/2285-kathryn-grubb"><img src="/live/image/gid/125/width/215/src_region/0,0,1080,810/16628_16992032_1357845027630908_7674796536310894653_o.rev.1518562312.jpg" alt="Kathryn Grubb" title="Kathryn Grubb" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p> My semester abroad at Seoul, South Korea is one of the most exciting, treasured experiences of my life. I had the opportunity to visit ancient Korean temples, explore a nearly deserted island, learn a new language,and gain a broader understanding of the world and the diverse people living in it.</p><p> On top of the classes I took on Korean culture, communications, politics, and more, every single day was a learning experience. I never thought I would feel so proud and excited to successfully order a cup of coffee by myself! </p></div><div class="lw_profiles_name"><a href="/live/profiles/2285-kathryn-grubb">Kathryn Grubb</a></div><div class="lw_profiles_104"><p> Kathryn Grubb, Class of 2019, Major in Marketing</p><p> Minor in Asian Studies</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/2031-katelyn-kelly"><img src="/live/image/gid/125/width/215/src_region/0,0,1536,2048/15078_img_7552.rev.1493229748.jpg" alt="Katelyn Kelly" title="Katelyn Kelly" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“Spending a semester abroad was a life changing opportunity. I adjusted to an entirely different culture, enhanced my marketing major and fashion studies minor by taking intriguing courses, and was able to travel to eight other countries.”</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/2031-katelyn-kelly">Katelyn Kelly</a></div><div class="lw_profiles_104"><p> Class of 2017, Marketing major</p><p> Minor in Fashion Studies</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1434-kylie-whitehouse"><img src="/live/image/gid/125/width/215/src_region/0,0,1927,1872/11531_kylies_picture.rev.1472490809.jpg" alt="Kylie Whitehouse" title="Kylie Whitehouse" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“Marymount has given me the opportunity to combine my interest in Business Management with my favorite magazine, to create the perfect internship.</em><em>“</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/1434-kylie-whitehouse">Kylie Whitehouse</a></div><div class="lw_profiles_104"><p> 2018, BA Business, concentration in social entrepreneurship</p><p> Economics minor</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/857-elizabeth-tuvblad"><img src="/live/image/gid/125/width/215/src_region/116,0,375,260/4864_tuvblad_ericsson_studio.rev.1472490809.jpg" alt="Elizabeth Tuvblad" title="Elizabeth Tuvblad" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“In summer (2013), I interned with the Ericsson Group, as a team member in the Sustainability and Corporate Social Responsibility department of the Verizon Customer Unit at Ericsson. Ericsson is a business-to-business multi-international corporation in the telecommunication sector, poised to be the prime driver in an all-communicating world.”</em></p><p>  </p></div><div class="lw_profiles_name"><a href="/live/profiles/857-elizabeth-tuvblad">Elizabeth Tuvblad</a></div><div class="lw_profiles_104"><p> Class of 2014, Major in Business Management</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/1309-gabriel-skaarland"><img src="/live/image/gid/125/width/215/src_region/0,0,297,353/9860_gabriel.rev.1472490810.jpg" alt="Gabriel Skaarland" title="Gabriel Skaarland" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em> ” During my summer internship, I worked on analyzing currency risk exposure, hedging activities, and presenting macroeconomic projections for Granberg AS. I was also involved in conducting marketing research by creating in-depth questionnaires, collecting responses and utilizing SPSS software to evaluate and present results and suggestions on which direction the company should take in the future. “</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/1309-gabriel-skaarland">Gabriel Skaarland</a></div><div class="lw_profiles_104"><p> Class of 2016, B.S. Finance and International Business major</p></div>
  • <span class="lw_profiles_image" style="float: left;"><span class="lw_item_thumb"><a href="/live/profiles/2043-bruce-zhou"><img src="/live/image/gid/125/width/215/src_region/0,0,404,381/15490_bruce.rev.1497035090.jpg" alt="Bruce Zhou" title="Bruce Zhou" class="lw_image" width="215"/></a></span></span><div class="lw_profiles_103 styled-link"><p><em>“I really enjoyed my time at MMC because I fully utilized my time at school and learned as much as possible, even as I worked and gained experience.”</em></p></div><div class="lw_profiles_name"><a href="/live/profiles/2043-bruce-zhou">Bruce Zhou</a></div><div class="lw_profiles_104"><p> Class of 2017, Double major in Finance and International Business</p><p> Double minor in Economics and Accounting</p></div>