Accounting & Financial Management Program

Hiram College offers a major and minor in accounting and financial management through the economics, management and accounting department. The accounting and financial management major is designed to develop the student's problem solving, research, and communication skills in order to reach the following program goals:

  1. Use an interdisciplinary approach in critically analyzing and solving business problems
  2. Be technically competent in GAAP, GAAS, Tax, and IFRS
  3. Effectively use and design financial models to calculate and evaluate financial data
  4. Demonstrate written and oral communication skills
  5. Apply accounting and financial skills to real world experiences through internships or creative classroom learning experiences
  6. Demonstrate an understanding of ethical standards and legal liability as applied to business situations
  7. Locate and extract relevant information to analyze and evaluate accounting guidance to apply to a given situation
  8. Participate fully in a group or individual setting to achieve consensus on a business strategy or issue. The coursework offered also prepares students for the CPA exam

The program

Accounting and financial management majors will complete 31 semester hours of required core accounting courses, and 16 semester hours of required correlative courses, which includes coursework in macroeconomics, statistics, corporate finance and organizational behavior. In addition to the core, students will successfully complete six or more semester hours of electives, which can be chosen in consultation with an adviser in the department and may focus on a specific career path including:

  1. Preparation for the CPA examination and graduate school
  2. Industry and managerial accounting
  3. Finance

All majors also are required to complete a capstone research project during the senior year. This project creates an opportunity for students to synthesize their knowledge of the principles of accounting and financial management and to critically examine a particular issue.

CPA preparation: 4 + 1

For students interested in becoming Certified Public Accountants, Hiram offers a distinctive program to ensure that state requirements for CPA certification are fulfilled. As of January 1, 2000, students who elect to sit for the CPA Exam in Ohio are required to have completed 150 semester hours of college credit. To meet this requirement, Hiram offers a 4 + 1 program with accredited Master of Accountancy programs at selected universities. Currently Hiram has articulation agreements with Case Western Reserve University, Bowling Green State University and Ohio Northern University.

Through the 4 + 1 program, students complete a four-year undergraduate program and earn a Bachelor of Arts degree in accounting and financial management from Hiram College. Qualified students are then admitted to the Master of Accountancy programs offered by the selected universities. After an additional year of study, students receive a Master of Accountancy and are eligible to sit for the CPA Exam.

Experiential learning

For students in Hiram's economics, management, and accounting department, learning extends beyond the traditional classroom setting. The department strongly encourages students to broaden their perspective and understanding of the theories of accounting and finance by participating in overseas study programs.

Department faculty lead study abroad trips to China, Turkey, Greece, Zimbabwe, Tanzania, Bhutan.

In addition to these international opportunities, the College offers a range of hands-on learning experiences that are closer to campus. Hiram houses an active Investment Club which is responsible for managing a portfolio of assets currently valued at over $50,000. Department faculty are also active advocates of students gaining real world and internship experiences. For example, students have worked directly with executives at Delphi on specific accounting and finance projects, and have participated in national finance competitions, specifically the Global Investment Research Challenge and the Oaks Associates Investment Challenge.  Many internship opportunities at diverse organizations have also come about as a result of faculty members serving as liaisons between students and institutions. In the past, students have interned with Ernst & Young, Progressive Insurance, Cohen & Company, National City Bank, Goldman Sachs, and Avery Dennison, among others.

After Hiram

The rigor and depth of Hiram's programs in economics, management and accounting help our students secure positions at the nation's top graduate programs and with some of the country's most well-respected organizations. Recent graduates have gone on to programs at Bowling Green State University, Case Western Reserve University, the University of Chicago, the Wharton School at the University of Pennsylvania, Cornell Law School, Carnegie Mellon University, the University of Notre Dame, Boston College, Cleveland State University College of Law and many others. New alumni have earned positions with international accounting firms such as PricewaterhouseCoopers, Ernst & Young, Deloitte & Touche, KPMG, with national accounting firms such as Crowe Horwath, Cohen & Company, and Plante Moran, with governmental agencies such as the Internal Revenue Service, Defense Financing and Accounting Services and the State of Ohio Auditors office, and with other private industry organizations such as Federal Reserve Bank of Cleveland, Goldman Sachs, Progressive Insurance, Eaton Corporation, Avery Dennison and other leading organizations.

See the College Catalog for specific course offerings.

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Required Courses

  • Financial Accounting
  • Managerial Accounting
  • Professional Responsibilities
  • Intermediate Accounting I
  • Intermediate Accounting II
  • Auditing
  • Taxation
  • Advanced Accounting
  • Accounting Information Systems
  • Auditing
  • Senior Capstone
  • For full descriptions, see the Course Catalog.


For more information

If you have specific questions about the Financial Management and Accounting Program at Hiram College or if you would like more information, please contact:

Amanda Armeni
Assistant Professor of Accounting, Department Chair
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Hinsdale 111