Accounting


Whether you dream to direct the finances of a business, guide tax planning, audit the operations of government, or dissect a trail of numbers as a forensic expert, SAU has a program that will prepare you to get to the bottom line. 

Our graduates work at Caterpillar, Deere & Company, Deloitte, RSM Global, HNI Corporation, and many others.


Ambrose Advantages

  • Intern At Fortune 500 Firms
  • Exceptional Student Outcomes
  • Grow Your Skills & Service To Others

student studying

student at library desk

Allison Ambrose in front of class

Small class sizes, expert faculty with real-world experience, and internship and networking opportunities you won't get at a larger university. Our location and relationships with Fortune 500 companies give you a big edge in the business world.

Check Out the Accounting Program Fact Sheet (pdf)


More Information on the Accounting Program

What will I learn?

As an accounting major, you will learn U.S. and international accounting standards and be able to plan, coordinate, and control the financial activities of businesses at a bottom-line level.

Internships in your junior or senior year will place you directly in the business world, where you apply what you've learned. The Quad Cities supports many world-class accounting firms and companies including Deloitte, RSM, Modern Woodmen, and HNI (HON). Our students have grown their skills as interns at Deere & Company's worldwide headquarters and been hired for its elite career development program.

What's more is that at SAU, you get an education based in the Liberal Arts, and your general education courses help you develop strong inquiry, communication, and writing skills – something employers tell us they love about our student interns and graduates.

What makes SAU's accounting program unique?

At SAU, our location is a huge advantage and gives you opportunities to intern with world-class accounting and Fortune 500 firms. We have established relationships with firms and companies including Deloitte, RSM, Modern Woodmen, and HNI (HON). Our students have grown their skills through internships at Deere & Company's worldwide headquarters and some were hired for the company's elite career development program. You can participate in internships during the spring, summer, or fall.  

As an Ambrosian, you can gain practical accounting skills and help others. In the spring of 2018, students taking Accounting seminar provided free tax preparation for low-income tax filers through the Volunteer Income Tax Assistance (VITA) program. This is just one of many service learning and volunteer opportunities you have as an SAU student.

We are proud of our 12:1 student-to-faculty ratio, which means you will enjoy small class sizes and a lot of attention from accounting professors, not teaching assistants. In fact, at SAU you can expand your learning by working individually with faculty through work-study positions.  

At SAU, you can major in accounting and earn your master's degree in just five years. If you maintain a 3.0 undergraduate GPA, that automatically qualifies you for admission to the MAcc program. Even in graduate school, you will continue to enjoy small class sizes and learn from professors you know (and who know you, too).

What are some possible job outcomes?

You have abundant choices. Accountants can specialize in public accounting, conducting audits and tax planning for CPA firms. You can work for corporations such as Deere & Company doing cost, financial or international accounting or internal auditing. Others choose governmental accounting positions at the federal, state or city level, taking on roles with the FBI, IRS, or as a bank examiner.

Some accountants use their expertise in nonprofit agencies such as United Way or Red Cross. Other career options include working as a tax specialist, forensic accountant, controller, chief financial officer, financial planner, and international accountant.

Our Career Center will help prepare you for life after college, and that includes lots of job prep such as creating a résumé, writing a cover letter, learning how to have a successful interview, and more.

If it's graduate school you're aiming for, preparing an application and interview are also part of their services.

What have alumni of this program done?
  • After earning his undergraduate accounting degree in 2008, John Hammar stayed at SAU for a master's degree in accounting in 2009. He is now an audit manager at Deloitte in Cedar Rapids, Iowa.
  • Katie Zorn '15 was a rare triple-major in Accounting, International Business, and Theology. She works as a Cost Accountant for HNI in Cedartown, Georgia.
Faculty

Allison Ambrose, PhD, Professor and Chair

Michael Cipriano, PhD, Assoc. Professor
Janene Finley, PhD, Assoc. Professor

Degree Requirements

Bachelor of Arts Degree in Accounting (29 credits)

Required: 
ACCT 201 Financial Accounting
ACCT 202 Managerial Accounting
ACCT 300 Accounting Fundamentals and Professionalism
ACCT 301 Intermediate Accounting I
ACCT 302 Intermediate Accounting II
ACCT 305 Income Tax Procedures I
ACCT 307 Cost Accounting
ACCT 312 Accounting Information Systems
ACCT 415 Auditing

Accounting Electives (6 credits):
ACCT 314 Internal Auditing
ACCT 402 Accounting Seminar
ACCT 406 Income Tax Procedures II
ACCT 410 Advanced Accounting
ACCT 414 Financial Statement Analysis and Valuation

Electives (at least 3 credits):
ECON 307 Money and Banking
ECON 312 Intermediate Macroeconomic Theory
ECON 313 Intermediate Microeconomic Theory
FNCE 301 Financial Valuation in the Corporation

Business Core electives (12 credits):
BUS 201 Legal Environment in Business
ECON 201 Principles of Macroeconomics
ECON 202 Principles of Microeconomics
FNCE 300 Principles of Finance
MKTG 209 Principles of Marketing
MGMT 210 Principles of Management
MGMT 449 Strategic Management and Policy
INTL 400 International Experiential Portfolio
STBE 137 Quantitative Reasoning in Business
STBE 237 Statistics for Business and Economics
PHIL 305 Business Ethics

Accounting Minor

Choose 18 credit hours in ACCT courses, excluding ACCT 101

View Accounting courses in the online course search

Plan to Graduate

This is the suggested plan of study to graduate in four years with a degree in Accounting. This plan assumes the student has not taken three years of foreign language in high school.

Year One

Fall CoursesCreditSpring CoursesCredit
ENGL 101 Composition 3 COMM 129 or 132 3
PHIL/THEO 100-200 Level 3 PHIL/THEO 100-200 Level 3
ACCT 201 Financial Accounting 3 MKTG 209 Principles of Marketing 3

STBE 137 Pre Stats Business
(Co-Req for ACCT 201)

3

ACCT 202 Managerial Accounting 
(ACCT 201 prereq)

3
Foreign Language 101 3 Foreign Language 102 3
IL 101 Information Literacy 1 Gen Ed 1
Total 16 Total 16

Year Two

Fall CoursesCreditSpring CoursesCredit
ACCT 300 Intermediate I* 3 ACCT 301 Intermediate II 3
ACCT 307 Cost Accounting* 3 ACCT 312 Acct
Information Systems
3
ECON 201 or 202 3 ECON 201 or 202 3
Natural Science 3 MKTG 209 Principles of Marketing 3
BUS 201 Business Law 3 MGMT 210 Principles of Management 3
KIN Activity 1-2
Total 16-17 Total 15

Year Three

Fall CoursesCreditSpring CoursesCredit
ACCT 302 Intermediate Accounting III 3 ACCT Internship or Study Abroad 3
ACCT 305 Income Tax I 3 Humanities 3
STBE 237 Stats for Business and Economics 3 Elective 3
FNCE 300 Principles of Finance 3 Business Core Class 3
PHIL/THEO 3 Creative Arts 2
INTL 400 Experiential Portfolio  1
Total 16 Total 14

Year Four

FallCreditSpringCredit
Accounting Electives** 6 MGMT 449 Strategic Mgmt & Policy 3
Electives 6 ACCT 415 Auditing 3
PHIL 305 Business Ethics 3 Electives 9
Total 15 Total 15

Read Course Descriptions in the Online Course Search

*Needs prerequisite. Check the Course Catalog for details.
**Accounting Electives: ACCT 306, ACCT 314, ACCT: 402, ACCT 410

Scholarships and Grants

Undergraduate Scholarships

For academic/merit-based awards, eligible students are matched to the qualifying award; some of them are listed below.

For need-based support, eligibility is determined by the Free Application for Federal Student Aid (FAFSA). The SAU school code is 001889.

You may also qualify for a scholarship or grant due to your talent in the fine arts or athletics. Give us a call or send an email so we can get to know you and find the best package for you. (You're also encouraged to seek outside scholarships and begin that search early.)

First-Year Scholarships

Amounts are for first-year students entering St. Ambrose in the 2019-20 academic year. There is no need to apply for the scholarships or grants below; students automatically are eligible if they meet specific criteria. The Admissions Office calculates the award amount by using unweighted high school GPA and ACT/SAT scores.

Your scholarship will automatically renew each year of your undergraduate studies, for up to four years, as long as you maintain satisfactory progress toward an undergraduate degree, a minimum 2.0 GPA, and remain a full-time student. 

On Campus (Merit-Based Scholarships)

Trustee Scholarships
Criteria: unweighted 4.0 GPA and minimum 30 ACT or 1390 SAT score
Award: $23,000/year and invited to compete for a full tuition scholarship

Presidential Scholarships
Criteria: minimum unweighted 3.8 GPA and 28 ACT or 1310 SAT score
Award: $20,000/year

Academic Scholarships
Criteria: based on unweighted GPA and ACT/SAT score
Award: $14,000/year, $15,000/year, $16,000/year, or $17,000/year

University Grants
Criteria: based on unweighted GPA and ACT/SAT score
$12,000/year

On Campus (Additional Institutional Scholarships)

Fr. Welch Alumni Scholarships
Criteria: parent is a St. Ambrose graduate
Award: $1,000/year

Fr. Menke Catholic Parish Scholarships
Criteria: member of a Catholic parish in the Diocese of Davenport
Award: varies

Freeman Pollard Diversity Awards
Criteria: diverse student
Award: $1,000/year

Off Campus (Merit-Based Scholarships)

Academic Scholarships
Criteria: based on unweighted GPA and ACT/SAT score
Award: $11,000/year, $12,000/year, $13,000/year, or $14,000/year

University Grants
Criteria: based on unweighted GPA and ACT/SAT score
Award: $10,000/year

Off-Campus (Additional Institutional Scholarships)

Fr. Menke Catholic Parish Scholarships
Criteria: member of a Catholic parish in the Diocese of Davenport
Award: varies

Freeman Pollard Diversity Awards
Criteria: diverse student
Award: $500/year

International Student Scholarships

At SAU, our international students can qualify for university scholarships and grants based on academic achievement, merit, and their performance and abilities in fine arts and athletics.

Below, you'll find a quick summary of financial awards, and we continually look for ways to make an Ambrosian education even more affordable and attainable. Recently, we began offering athletic scholarships for Marching Band and Esports.

If you have any questions or want to apply, please contact the International Student Admissions office. 

Institutional Scholarships (2018-19)
There is no need to apply for the scholarships or grants below; students are automatically are eligible if they meet specific criteria, although some may require a certain GPA to stay eligible.

Academic Scholarship
$14,000-17,000/year

Athletic Scholarships
We have many international student-athletes who are contributing and growing their skills as valued team players. As a member of the National Association of Intercollegiate Athletics (NAIA), St. Ambrose can award athletic scholarships to student-athletes. The amount varies and is based on performance and ability. These scholarships allow you to earn a college education while competing in the sport that you love. At Ambrose, we embody the value of developing both the mind and body.

To qualify for an athletic scholarship you must be eligible to play a sport at St. Ambrose. You can read about those qualifications here. The NAIA also has a complete website on how to register for eligibility at playNAIA.org

To learn more about all of our athletic teams and opportunities – including Esports – click here

Fine Art Scholarships

These scholarships are based on your performance and ability in art, music, or theatre, and you may qualify for the Michael Kennedy Theatre Scholarship. Audition or portfolio required. Contact the Admissions office to apply or for more information. 

See below to learn more about outside scholarships and we encourage you to begin your search early.

Transfer Scholarships

Amounts are for transfer students entering St. Ambrose in the 2019-20 academic year. 

St. Ambrose scholarships are awarded for fall and spring semesters only and renewable up to 120 credits of undergraduate study, which includes credits transferred to St. Ambrose from prior attendance. For example: If you transfer in with an AA/AS degree, you would receive a scholarship for two additional years at St. Ambrose.

Scholarships

Phi Theta Kappa
Criteria: awarded to all Phi Theta Kappa National Honor Society members transferring from a community college
Award: $14,000

OR

Transfer Academic Scholarships
Criteria: based on GPA
Awards:
3.5-4.00 GPA $13,000 
3.0-3.49 GPA $12,000
2.5-2.99 GPA $11,000 
2.0-2.49 GPA $9,000 

Out-of-State Grants
Criteria: non-Iowa resident
Award: $2,000 per year

Fr. Welch Alumni Scholarships
Criteria: parent is a St. Ambrose graduate; on-campus students only
Award: $1,000 per year

Dual Admission Scholarships
Criteria: participant in SAU/community college dual admission program
Award: $1,000 per year

Freeman Pollard Diversity Awards
Criteria: diverse student
Award: $1,000 per year on-campus; $500 per year off-campus

Federal and State Aid

Federal Pell Grant
Criteria: based on financial need; file FAFSA as soon as possible after Oct. 1
Award: $6,095 maximum

Federal Supplemental Education Opportunity Grant (FSEOG)
Criteria: based on financial need, priority to Pell Grant recipients. File FAFSA as soon as possible after Oct. 1.
Award: $400 maximum

Federal Work Study
Criteria: based on financial need. File FAFSA as soon as possible after Oct. 1
Award: $1,850

Iowa Tuition Grant
Criteria: based on financial need, Iowa residents only. File FAFSA as soon as possible after Oct. 1, deadline July 1.
Award: $5,650

Athletic Scholarships

As a member of the National Association of Intercollegiate Athletics (NAIA), St. Ambrose can award athletic scholarships to student-athletes. These scholarships allow you to earn a college education while competing in the sport that you love. At Ambrose, we embody that value of developing both the mind and body.

How do I qualify for an athletic scholarship?
You must first be eligible to play a sport at St. Ambrose. You can read about those qualifications here. The NAIA also has a complete website on how to register for eligibility at playNAIA.org

With more than 25 varsity athletic teams and 12 state-of-the-art facilities in which to play them, the Fighting Bees of SAU are bold contenders on any field. Watch this video

Fine Arts Scholarships

How do I qualify for a fine arts scholarship? 
Scholarships are awarded based on performance and ability in art, music and theatre. Review the various requirements below:

Outside Scholarships

There are many opportunities to receive scholarships from outside sources, here are a few websites to begin researching your options:

Another tip: Next time you're on campus, check out the bulletin board outside Bee Central where we post more flyers and applications for outside scholarships.

Accounting Scholarships

Our accounting majors are eligible for several special scholarships and financial aid – more than $40,000 in scholarships are awarded each year. Students must re-apply every academic year.

Click here to apply for one of the Accounting Scholarships below:

  • Derrek Drexler Accounting Scholarship – available to full-time (at least 12 hours) accounting majors with at least a 3.0 GPA on a 4.0 scale. Preference given to graduates of Wahlert Catholic High School (or any Catholic high school); college juniors or seniors; and those involved in student activities and/or Wellness and Recreation.
  • Edward R. Frick Accounting Scholarship – available to full-time undergraduate and graduate accounting majors with at least a 3.25 GPA on a 4.0 scale. The scholarship is based on financial need with the preference that applicants be Hispanic and/or active in athletics and/or student activities.
  • Shapley Accounting Scholarship – for graduate and undergraduates.
  • George Till Scholarship – available to full-time students with at least a 3.5 GPA on a 4.0 scale. The Scholarship is based on financial need, academic ability, and varies from $500 to $4,000 per year.
  • Van de Voorde Accounting Scholarship – available to accounting majors who have financial need.
  • Wahl Accounting Scholarship – available to undergraduate accounting majors who have a GPA of 3.0 on a 4.0 scale.

There are also jobs and work study opportunities throughout campus. Work study will be indicated on your financial aid award letter, and you can apply for campus jobs through the Career Center. Keep in mind that 98% of First-year students receive financial aid from St. Ambrose!

Questions?
Check with Financial Aid


Meet One of Our Alumni


"I grew in many ways within the SAU community. Intellectually, I learned the knowledge and skills to excel in my profession. My spiritual life was deepened by Sunday mass and the retreats I attended. Socially, I met many friends with whom I believe I will have lifelong friendships. St. Ambrose made me a well rounded person and I don't think I'll ever be able to give back as much as SAU gave me." –Katie Zorn '15

Katie Zorn

Bachelor of Arts in Accounting, International Business, and Theology,Cost Accountant at HNI Corporation in Cedartown, Georgia,Class of 2015


When Katie talks about her Ambrosian experience she describes a community that values academics, professionalism, spiritual life, and personal growth. With us, you will get an education rooted in the liberal arts and Catholic Intellectual Tradition, and so many opportunities to discover your path in life.

See My Story

Apply Visit Info

Contact


Allison Ambrose, PhD, Program Chair

Accounting Department
Ambrose Hall
518 W. Locust St.
Davenport, IA 52803
563-333-6155
AmbroseAllisonS@sau.edu

So, what's next?

Are you ready to take the next step? St. Ambrose offers more than 60 programs and 27 athletic teams and sports to join on campus. Become an Ambrosian today!