Accounting is the analyzing and recording of financial transactions, the summarizing of financial data in financial statements and reports, the interpretation of financial data for decision making, the development of budgets for future planning, the determination of taxes and tax planning, the auditing of records and development of systems to verify financial activity, and the internal control of the activity being examined. Accounting provides relevant information to decision makers, managers, investors, creditors, labor unions, government regulators and others interested in the financial well-being and future of an entity of economic activity.
First-year business students admitted to the Columbus campus enter the college through the Fisher pre-major program or are directly admitted to the major program. Find additional admission information at at fisher.osu.edu/undergraduate/admissions.
Those students not eligible to directly enroll in business may enroll in the Management and Industry Exploration Program.
- Accounting Principles
- Economics Principles
- Business Skills and Environment
- Business Law
- International Business
- Management Sciences
- Management and Human Resources
- Strategic Management
Required major courses
- Financial Accounting I and II
- Cost Accounting
- Tax Accounting
- Introduction to Accounting Information Systems
- Advanced Accounting
- Auditing Principles and Procedures
- Selected Topics in Accounting
Additional electives to total a minimum of 121 hours are needed for graduation. Oral and written communication courses and additional computer science are recommended. Eligibility to sit for the CPA certification in several states including Ohio requires a minimum of 150 semester hours.
The Fisher College of Business International Programs Office offers several undergraduate exchanges specifically for business students interested in studying abroad.
Though internships are not required for business students, 85 percent of students registered with the Office of Career Management have some kind of internship experience before they graduate. Many students receive an offer of full-time employment from their internship employer.
The Fisher Honors Program includes the Accounting Honors Program, the Business Administration Honors Cohort Program and the Business Administration Honors Contract Program. The Accounting Honors Program consists of a specific sequence of accounting courses that students complete beginning in their sophomore year and continuing into their senior year. The Business Administration Honors Cohort Program consists of a set of sequenced business honors courses that students follow beginning in the junior year. The Honors Contract Program consists of an academic plan designed by the student and detailed in an honors contract.
Students who successfully complete program requirements will graduate with honors. Honors students can also pursue the degree with distinction, a program of research during the senior year culminating in a thesis and oral defense.
The Business Scholars Program is a community of talented students that participate in programs and activities designed to offer insight into business practice and environment. Business Scholars learn to understand the vital role of collaboration through teambuilding, leadership training and workshops. Additionally, Business Scholars can develop partnerships with Fisher College of Business faculty and alumni.
Accounting students may participate in student organizations such as the Accounting Association and The National Association of Black Accountants (NABA).
Accountants have careers in CPA firms which audit corporations, banks, governments, charities and other economic entities. CPA firms also do considerable income tax work and management advisory services for clients. Positions are available as staff auditors, supervisors, managers and partners. Federal, state and local governments also employ many accountants in a variety of positions.
Businesses employ large numbers of accountants as treasurers, controllers, financial vice presidents, internal auditors, budget analysts, cost accountants, systems designers and staff accountants.
Starting salaries for accountants with a bachelor’s degree vary and are affected by the type of industry or organization involved. Among the undergraduate business program graduates placed in public accounting firms in 2014–2015, the starting salary averaged $50,978.
At graduation, Fisher College of Business graduates:
- will have a working knowledge of accounting theories, concepts and methods and be able to explain how accounting is done and why it is done
- will be able to solve problems by applying fundamental principles to a variety of issues
- will exhibit the oral and written communication skills needed by successful accounting professionals.
- will be able to research issues and business decision problems by finding, analyzing and interpreting accounting, tax and other financial data
- will recognize ethical dimensions in accounting issues and practice in order to become responsible professionals and citizens
The Fisher College of Business undergraduate accounting program was recently ranked 13th in the nation (U.S. News & World Report, 2016).
Interested in a business career?
Check out the Business Pathway to discover the many majors Ohio State offers that can lead to a career in business.