BS Accounting

Overview

The Bachelor of Science in Accounting is an undergraduate degree program that provides students with comprehensive knowledge and skills in the field of accounting.

It equips students with a solid foundation in international accounting principles and practices through the study of International Financial Reporting Standards (IFRS).

The combination of accounting and business courses in the BS Accounting program helps the students develop skills in book-keeping, preparing and analyzing financial statements, besides establishing emphasis on financial reporting under the International Financial Reporting Standards (IFRS) covering the areas of recognition, measurement, and disclosure decisions. Specialization in Accounting provides students with a wide range of business administration skills while also enriching the students’ knowledge in accounting practices, financial reporting, tax planning and auditing..

The courses have been designed and subject to constant modification to ensure that the gap between accounting theory and practices is appropriately bridged. Graduates will be capable of planning and providing accounting systems and services relating to taxation and the financial dealings of organizations and individuals and advise on associated record-keeping and compliance requirements.

Admission Criteria

A recognized general education diploma or its equivalent
Students joining MCBS must go through an English placement test to determine the appropriate English level
Students presenting a valid score of 5-5.5 in IELTS or 65-79 in internet based TOEFL (iBT) are exempted from the English program
Students will need to go through Mathematics and IT placements tests to determine their levels of proficiency in these subjects as they are part of the GFP or possible exemption
Mathematics placements tests will determine whether Basic Mathematics (MATH 10) and Pure Mathematics (MATH 21) can be exempted, or students will be given both or one of them
IT placement test will determine whether students will require to take the Information Technology foundation course (COSC 10)

Program Structure

Duration: Bachelor’s degree requires about 8 semesters or 4 years

Program delivery: 12-15 credits per normal semester and 6 credits per summer semester

Internship: Placement on a 3-month internship

Courses: Apart from courses closely related to the program, students take general education courses.

Courses	Credits
Core Courses	33
Communication skills	09
Humanities	09
Social Sciences	18
Math/Computer skills	09
Natural Science	03
Non-Business electives	06
General Business requirements	33
Total	120

Core Courses (42 Credits)

Course Code	Course Name	Credits
ACT 140	Fundamentals of Financial Accounting	3
ACT 145	Managerial Accounting	3
ACT 340A	Financial Accounting and Reporting I	3
ACT 340B	Financial Accounting and Reporting II	3
ACT 341	Financial Accounting and Reporting III	3
ACT 342	Advanced Financial Accounting	3
ACT 343	Accounting for Governmental and Non-Profit Organizations	3
ACT 344	Computer Applications in Accounting	3
ACT 345	Cost Accounting	3
ACT 348	Auditing	3
ACT 349	Business Income Taxation	3
ACT 436	Financial Statement Analysis [ Advanced]	3
ACT 4399	Accounting Projects (Major)	3
FIN 204	Financial Management	3

Career Opportunities

Graduates of this program have diverse opportunities in various sectors, including public accounting firms, corporations, government agencies, and nonprofit organizations.

Graduates may find employment in the following roles:

Staff Accountant
Financial Analyst
Tax Accountant
Auditor
Budget Analyst
Cost Accountant
Financial Planner
Internal Auditor
Forensic Accountant
Corporate Accountant

Additionally, some graduates may choose to pursue professional certifications such as Certified Public Accountant (CPA), Certified Management Accountant (CMA), Association of Chartered Certified Accountant (ACCA), or Certified Internal Auditor (CIA) to enhance their career prospects and increase earning potential.

Ready to take the next step?

Info

Duration: 4 years full-time

Semester Starts: Fall, Spring, Summer I and Summer II

Fee: 11,508 OMR

Required English Prerequisites

IELTS (academic): 6.0 (with no band less than 6.0)

TOEFL (internet) min overall score 60

MCBS Placement Test

Applicants who do not have official IELTS or TOEFL scores are required to take MCBS English Placement Test.

Students will need to go through Mathematics and IT placement tests to determine their levels of proficiency in these subjects as they are part of the GFP or possible exemption.

Department Contact

Contact Program Chair Dr. Rene Paquibut for more information.