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Minor in
Accounting

The Minor in Accounting will give you a valuable insight into financial accounting and management accounting, whilst giving you the flexibility to study other more senior courses in Accounting, at your choice.

Please note, this minor is not available for students majoring in Business Management.

Goes well with

  • Business Management: Entrepreneurship (BA)
  • Digital Marketing (BA)
  • Fashion Management and Marketing (BA)
  • Psychology (BA)

Related minors

  • Minor in Accounting and Finance
  • Minor in Economics
  • Minor in Finance
  • Minor in Mathematics

Programme Structure

An undergraduate may complete the requirements of one major and one minor and receive one US degree. A minor is an optional subject of specialisation within the undergraduate degree, which must be outside of the undergraduate major course of study and consist of at least 18 US /72 UK credits. A minor may not be completed independent of an undergraduate degree.

Undergraduates who add a minor to their major degree programme will normally need to complete more than the minimum 120 US/480 UK credits required for graduation. The normal course load for a full-time undergraduate student is 15-16 US/60-64 UK credits a semester. The minimum full-time undergraduate course load is 9 US/36 UK credits a semester.

Minor in Accounting Programme Specification

US Credits

UK Credits
  • MGT 3200 Foundations of Business

    An introductory survey course designed to introduce students to the principles and functions of a business. The various functional areas of business will be discussed, including economic systems, small business, management, human relations, marketing, accounting and finance. The course will also review the role of businesses in society and business ethics.

 3 12
  • ACC 4200 Financial Accounting

    An introduction to the accounting model, the measurement and classification of data and terminology essential to effective interpretation and use of financial statements, balance sheets and income statements. Underlying concepts are stressed and they are made concrete with illustrations. While mechanical and procedural details are explored, measurement and communication of data to external parties are emphasized.

 3 12
  • ACC 4205 Managerial Accounting

    This course introduces students to the generation of cost data for the preparation of proper, representative financial statements, and for optimal planning and control of routine operations and long range organizational goals. It focuses on the uses of formal cost accounting systems and quantitative techniques to make managerial decisions. Topics include: direct absorption income statements, job and process costing, allocation and proration, pro-forma and capital budgeting.

 3 12
plus THREE Level 5 / 6 with ACC prefix Minimum of 9 Minimum of 36
Minor Requirements 18 72

The University reserves the right to cancel or replace programmes and/or courses for which there is insufficient enrolment or concerns about academic standards, or for which the University cannot provide adequate teaching resources. Reasonable and appropriate effort is made to ensure that the content of courses corresponds with the descriptions in the University’s Programme and Course Listings.

For more detailed information on each of the course specifications, please visit our webpage here.

What is the Liberal Arts?

We understand that not everyone is familiar with the Liberal Arts education system. That is why we have produced a short guide explaining the structure at Richmond as well as the benefits.

THE LIBERAL ARTS
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What our students say

“I am a rising senior and interned for the Finance Department at The International Transport Workers’ Federation.

Working for the ITF was a revealing experience; I learned about the scope of my interests and if those interests coincide with a future in Finance or Accounting. This internship has provided me with the necessary skills of working efficiently without error and maintaining a strong focus throughout the day that will help me to be successful after Richmond.

I mostly am enjoying the positive relationships that I am building with my co-workers, which I hope will persist after I leave in August.

Working at the ITF is both challenging and comforting, and I am grateful for this experience.”

– Marlene Dieckert, Finance Intern at AGC Partners

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