Accounting

The Quinlan School of Business' BBA in Accounting degree program is both rigorous and flexible. Students who major in accounting pursue careers in auditing, taxation, systems, consulting, and management accounting. Coursework prepares students for the CPA, CMA, CFM, and CIA examinations. In addition, qualified students may enter and graduate with a Master of Science in Accountancy (MSA) in as little as one additional year of study.

The Basics

Explore Accounting

About the Accounting and Business Law Department

Loyola University Chicago's Accounting and Business Law (ABL) Department is accredited by the Association to Advance Collegiate Schools of Business (AACSB). AACSB International accreditation represents the highest standard of achievement for business schools, worldwide.

Brian Stanko
Chair, Accounting and Business Law Department

Faculty members in the Accounting Department are dedicated to excellence in teaching and scholarship. Accounting faculty at Loyola strive to:

Enable students to apply financial and managerial accounting concepts in decision making
Convey the technical knowledge and understanding of accounting necessary to begin a successful career in the field
Encourage students to seek internships to provide on-the-job experience
Develop students' communication, intellectual and interpersonal skills
Create a learning environment where students reach their greatest potential in moderate-sized classes taught by professors who excel in both teaching and research
Foster a professional orientation, emphasizing the ethics and values necessary for accounting professionals

The department also offers scholarships for accounting majors interested in public accounting.

In addition to Core Curriculum and Business Core Curriculum requirements, students pursuing the BBA degree in accounting must complete 24 credit hours in the following courses:

ACCT 301. Managerial Accounting
ACCT 303. Intermediate Accounting I
ACCT 304. Intermediate Accounting II
ACCT 311. Auditing and Internal Control Systems
ACCT 328. Concepts in Taxation
Three additional 300-level accounting courses

Accounting majors must take COMM 103 or ENGL 210 in place of COMM 101.

Important Details:

At the discretion of the Quinlan School of Business assistant dean, a maximum of one transfer course, taken prior to matriculating at Loyola University Chicago, may be allowed. A 2.0 average GPA is required for all attempted business courses. Quinlan School of Business undergraduate program students are limited to double dipping one course between majors/minors, while non-business school students are limited to double dipping two courses between business school minors.

A student who is an accounting major may be administratively removed as an accounting major if the student earns a grade below "C-" in two or more upper level accounting classes (ACCT 301 and beyond).

CPA Exam Requirements

Students taking the CPA examination in Illinois are required to have earned 150 semester hours of college credit. The additional credit hours can be earned at Loyola at either the undergraduate or at the graduate-level MSA.

Accounting majors planning to take the CPA exam are required to take ACCT 301, 303, 304, 311, 328, and at least three of the following: ACCT 306, 307, 308, 323, and 341. Legal Environment of Business (LREB) 315 is also required, and LREB 362 is encouraged.

For more information about the CPA examination, visit the CPA Exam page.