According to a Carnegie Foundation study published in Rethinking Undergraduate Business Education: Liberal Learning for the Profession, “…Students need to develop intellectual perspectives that enable them to understand the role of business within the larger global society, as well as to gain technical knowledge and skills. They need an education that cultivates a sense of professionalism grounded in loyalty to the mission of business to enhance society’s prosperity and well-being.”
The Finance Accounting (FNAC) Major offers students the opportunity to learn finance and accounting practice and theory in the context of a liberal arts education. Liberal arts courses allow students to expound upon and further engage in the disciplines of finance and accounting. Through case study, collaborative projects, problem sets and journal readings, students develop strong critical thinking, communication, and analytical skills. Students learn to read and interpret financial statements, to prepare a financial analysis, the importance of budgets and variance analysis in management accounting, and about the role of money and banking in the economy. Through personal attention and small classes, students receive an education which allows them to successfully pursue entry positions in areas as corporate accounting, banking, brokerage, financial planning, trust and estate planning, as well as provide a solid foundation to enter graduate programs in business and accounting.
The Minor in Accounting is designed to supplement a student’s preparation in a major field. It provides additional depth in the field and background for further study. The minor is not open to students majoring in Finance/Accounting.
To be eligible to take the CPA exam, an individual must have earned a degree from an accredited college or university and complete a total of 150 semester hours with certain designated hours in accounting and in business. Several universities offer Master of Accountancy programs tailored for liberal arts college graduates; the admission standards of these programs require no additional accounting courses beyond what is offered through the accounting minor at Maryville College. Students interested in accounting, who have completed a Maryville College degree and accounting minor requirements may be eligible for the 15-month Master of Accountancy program available at the University of Tennessee, Knoxville upon completion of 3 additional accounting courses at UT in the summer following graduation.