Loyola University Chicago

searchform
This siteLUC.edu

Accounting

The Basics
Admission
Business Core Curriculum
Core Curriculum
Course Offerings
Financial Assistance
Transfer Credit
Tuition

The School of Business Administration's B.B.A. 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 (M.S.A.) in as little as one additional year of study.

About the Accounting Department

Accredited by AACSB

Loyola University Chicago's Accounting 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.

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.

the accounting and business law Newsletter

The ABL bi-annual publication, The Rambler Street, highlights the exciting accomplishments of our students, alumni and faculty and recognizes their outstanding contributions that "help others lead extraordinary lives".

Rambler Street 06-07 Rambler Street 07-08

Degree Requirements

In addition to Core Curriculum and Business Core Curriculum requirements, students pursuing the B.B.A. degree in accounting must complete 21 credit hours in the following courses:

  • ACCT 231. Managerial Accounting
  • ACCT 303. Intermediate Accounting I
  • ACCT 304. Intermediate Accounting II
  • ACCT 311. Auditing and Internal Control Systems
  • ACCT 328. Concepts in Taxation
  • Two additional 300-level accounting courses

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 M.S.A.

Accounting majors planning to take the CPA exam are required to take ACCT 231, 303, 304, 311, 328 and at least two 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.