Program Educational Objectives
Accounting majors are increasingly taking and passing the Certified Public Accountant (CPA) Certified Management Accountant (CMA) and Certified International Audit (CIA) examinations through training in Accounting and related fields. It provides the practical and theoretical background needed to succeed in the dynamic and fascinating world of Accounting.
The accounting major highlights four (4) areas where students along with their respective advisors can develop their business elective courses in a way to meet their potential job/career requirements. The following four areas are:
- 1.Accounting Information Systems (AIS);
- 2.General Accounting (GA);
- 3.Management Accounting & Control (MA&C);
- 4.Auditing (A).
The Accounting Information Systems (AIS) field was developed in response to employers indicating an increased need for accounting majors with computer expertise. The AIS program prepares students for career opportunities in the field of accounting systems design, accounting systems management and accounting systems auditing and other systems - related areas of accounting. Electronic processing of financial transactions is now the norm in small and large businesses alike. Accountants must be prepared to design, select, install and configure numerous accounting applications such as accounts receivable and billing systems, human resources management systems, and financial reporting systems.
Other Accounting majors may choose business elective courses meeting the track of General Accounting (GA). This field is designed to provide graduates with the knowledge and skills necessary to enter professional careers leading to an accounting designation or entry-level positions in accounting. Students can expect to develop conceptual and technical accounting competence and analytical abilities.
The Management Accounting & Control (MA&C) field of concentration was established to better serve the needs of students interested in industry or government. Typically, careers begin in one area of a company but soon involve work in a number of different functions within the organization such as the Controller’s Department, Internal Audit, Treasury and Finance, Cost Accounting, planning and budgeting, etc. The purpose of the required courses in this track is to give students an understanding of these areas and the basic skills required to successfully enter the organization in any of these positions.
This track is distinct, because it gives an increased emphasis on understanding the role of Accounting and in assisting management with decision making and organizational control as well as producing necessary information for external reporting.
The Auditing (A) field of concentration is designed for students who desire to reach the top levels in public accounting. It provides the students with a strong technical and theoretical background which is helpful in solving today’s complex auditing and reporting problems.
The BBA –ACO is an ACCA * accredited program.
*ACCA stands for the Association of Charted Certified Accountants.
Applicants must pass the Lebanese Baccalaureate Part II (any strand) or its equivalent as identified by the Lebanese Ministry of Education. An applicant is accepted if he or she fulfills all the NDU admission requirements. In addition, there are three states of selection to the B.B.A., acceptance, conditional acceptance, and rejection. Students may be assigned MAT 105 as a remedial course in light of their composite scores.
Students seeking the degree of Bachelor of Business Administration - Finance, Accounting, and Financial Engineering must complete a total of 106 credits. An overall average of at least 2.0/4.0 and a minimum average of 2.3/4.0 in the common core and major requirements. These credits are divided into: General Education Requirements, Common Core Requirements, Major Requirements, Faculty Electives, and Free Electives. In addition, the passing grade for Principles of Accounting I and II, Principles of Microeconomics and Macroeconomics, and Principles of Financial Management I, is “C”. The passing grade for remedial Math courses is “C”. Students are strongly advised to plan their courses in advance for the entire program.
All Accounting majors must complete an internship course which provides field experience prior to graduation.