Bachelors of Actuarial Science
The Actuarial Science program at Franklin College provides a comprehensive foundation i...
Bachelors of Accounting
Franklin, Indiana
INTAKE: Jan & Aug
Program Overview
The Accounting major at Franklin College prepares students to be proficient in the core areas of financial reporting and analysis, managerial accounting and cost management, tax accounting, auditing, and accounting ethics. The curriculum is structured to ensure graduates understand how to process financial information and effectively communicate it. A key highlight is the college's unique four-year plan that can enable students to graduate with the 150 credit hours typically required to sit for the CPA exam, often including two paid internships within that timeframe. This accelerated, yet comprehensive, approach distinguishes Franklin's program and aims to provide graduates with a significant head start in their careers.
Curriculum: The curriculum for the BA in Accounting at Franklin College is comprehensive, built upon a strong liberal arts foundation. Core accounting courses include Principles of Accounting I & II, Intermediate Accounting I & II, Managerial-Cost Accounting, Introduction to Taxation, Auditing, and Advanced Accounting. Students also take foundational courses in Economics (Principles of Economics, Intermediate Microeconomics, Intermediate Macroeconomics) and Business (Business Law I, Business Finance, Introduction to Computing). A distinctive feature is "Data Management and Analysis" (ACC 235), which uses tools like Microsoft Excel and Tableau for data visualization. The program culminates in a "Strategic Implementation Project" (ACC 475) and a "Senior Competency Practicum" (ACC 499), emphasizing problem-solving, strategic thinking, and the synthesis of knowledge from across their business, economics, and accounting courses.
Research Focus: Franklin College's Accounting program integrates a practical research focus through its problem-based learning and capstone experiences. Students are expected to "solve problems, think strategically and critically, and propose and/or implement solutions to business issues" using tools like Microsoft Excel and Tableau. The "Strategic Implementation Project" (ACC 475) involves students working in teams to address and solve real-life business challenges presented by Franklin College alumni or external businesses, requiring them to synthesize material, conduct research, and present formal oral and written reports. This direct engagement with real-world problems serves as a strong form of applied research, training students to investigate, analyze, and formulate data-driven solutions.
Industry Engagement: Franklin College places a very strong emphasis on industry engagement for its Accounting students, ensuring they are "real-world ready." Every accounting major is required to complete at least one internship, with two internships being highly recommended and feasible within the four-year plan. These internships provide invaluable supervised professional training in certified public accounting firms, private industry, and government. The faculty members themselves have significant professional experience in "Big 4, local CPA firm, Fortune 500 company, and local private business," bringing practical insights into the classroom. The program incorporates case studies, simulations, and opportunities for "consulting projects working with real clients." Additionally, the Office of Professional Development and student clubs frequently bring executives to campus, fostering networking and professional development.
Global Perspective: While not explicitly detailing specific global accounting courses or mandatory international experiences within the accounting curriculum, Franklin College's Bachelor of Accounting, grounded in a liberal arts education, inherently encourages a broader perspective. The curriculum prepares students for a "rapidly changing marketplace that is often filled with uncharted opportunities and challenges," implicitly acknowledging a global context for business and finance. The emphasis on adaptability and continuous learning means graduates are poised to navigate the complexities of international accounting standards (e.g., IFRS mentioned in related course descriptions from a similarly named university), global financial markets, and diverse business practices. The overall liberal arts environment at Franklin College also offers general study-away opportunities that can further broaden a student's global understanding.
Location
Franklin, Indiana
Score
IELTS 6.5
Tuition Fee
USD 40010
Undergraduate Entry Requirements
Application Fee: $40
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 or 6.5 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 105.
Franklin College offers a range of scholarship opportunities to support international students in pursuing their academic goals. These scholarships are designed to recognize outstanding academic achievement, leadership qualities, and extracurricular involvement, making higher education more accessible and affordable for students from around the world.
Merit-Based Scholarships: International students are automatically considered for merit-based scholarships upon admission. These awards are competitive and primarily based on academic performance, standardized test scores, and personal achievements. Scholarships can significantly reduce tuition costs and may be renewable each year based on satisfactory academic progress.
Specialized Scholarships: In addition to general merit awards, Franklin College provides targeted scholarships for students excelling in specific fields such as science, arts, athletics, or community service. Some scholarships also focus on promoting diversity and inclusion by supporting students from underrepresented regions or backgrounds.
Franklin College's Bachelor of Arts in Accounting is a highly practical and career-focused program designed to equip students with a robust understanding of financial, managerial, tax, and auditing principles.
Staff Accountant: This is a common entry-level position in various organizations. Staff accountants are responsible for preparing financial statements, reconciling accounts, managing accounts payable and receivable, and assisting with budgeting and forecasting.
Auditor (Public Accounting): Working for CPA firms, auditors examine financial records and statements to ensure their accuracy, compliance with regulations, and identify any discrepancies or fraud. This often involves working with diverse clients in various industries.
Tax Accountant: Specializing in tax laws, these professionals prepare tax returns for individuals and businesses, provide tax planning advice, and ensure compliance with federal, state, and local tax regulations. They can work in public accounting firms or corporate tax departments.
Financial Analyst (Entry-Level): Leveraging their understanding of financial statements and data analysis, accounting graduates can work in finance departments to analyze financial performance, evaluate investment opportunities, and assist with financial planning and forecasting.
Forensic Accountant (with further specialization/certifications): This specialized field combines accounting and investigative skills to uncover financial discrepancies, fraud, or other illegal financial activities. It often involves working with law enforcement or in corporate fraud departments.
Cost Accountant: In manufacturing or production companies, cost accountants analyze and track the costs associated with producing goods or services. They help management make informed decisions about pricing, budgeting, and efficiency.
Government Accountant/Auditor: Graduates can work for federal, state, or local government agencies, managing public funds, conducting audits of government programs, or ensuring compliance with government accounting standards.
Internal Auditor: Within an organization, internal auditors assess the effectiveness of internal controls, risk management, and governance processes. Their goal is to improve operational efficiency and ensure adherence to company policies and regulations.
Bookkeeper/Accounting Clerk: For those seeking immediate employment, these roles involve recording financial transactions, maintaining ledgers, processing invoices, and assisting with payroll, providing essential support to accounting departments.
Graduate Student (Master of Accountancy/MBA/Law School): The rigorous accounting curriculum and emphasis on critical thinking at Franklin College provide an excellent foundation for pursuing advanced degrees, such as a Master of Accountancy (often required for CPA licensure in many states), an MBA with a finance or accounting specialization, or even law school, given the strong analytical and logical reasoning skills developed.
