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 and above in IELTS or 65-79 in internet based TOEFL (iBT) are exempt from the first part of the placement test and are required to take the other part of the English language program (writing test).
- 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: 11,838 OMR