<p>What is considered a high/average/low GPA for someone studying Accounting or Finance or both? </p>
<p>Depends on the stage in your career. If you look at summer auditing classes, (only graduating seniors can enroll) the average GPA is around a 3.3. If you look at A311 (many student’s first upper-level accounting class) the average is closer to a 3.5. </p>
<p>Anecdotally, many accounting/finance students do well in the pre-icore classes and have GPAs in the 3.7+ range entering freshman year. Accounting & Finance upper level classes are curved on a 2.7-3.0 scale, so the GPAs typically fall throughout the final three semesters. </p>
<p>I would say graduating Accounting/Finance with a 3.7+ is high. 3.3-3.7 is average. 3.0-3.3 is low. Below a 3.0 would be very low and disqualify you from many jobs. </p>
<p>Build your gpa as high as possible going into icore. Icore will likely hurt your gpa, and as hkem says, the upper level finance and accounting classes will be tough. A high gpa going into Icore will be a buffer for the later tough grading classes. Use the grade distribution for the upper levels. There is usually a preferred prof for just about every accounting/finance class. Problem is, if you don’t have tons of credits going into registration, you might not be able to get those profs, as all the students who came to IUB with lots of AP credit will sign up for them first.</p>
<p>Decide if you are going to graduate with 150 credits. If you are, and you are doing it in four years, you can take a lot of classes at cc prior to starting Icore and transfer them to IUB without hurting your gpa. Probably 70-85% of people looking for accounting jobs senior year have also double majored in finance. A large proportion of these are on pace for the 150 credits, and you need to be on pace for the 150 for Big Four firms and many regional firms to even interview you. (Also, most Big Four hires will be after post-junior year summer internships; so you need to get their attention before senior year to have you best chance of being hired.) This translates into going into Icore (fall semester of junior year) with about 90 credits, as you want your post-junior year to be free for an internship. Also, Kelley has the residency requirement that the last 30 credits be taken on the IUB campus, although I don’t know that they enforce it. Also, you can do one P/F course per semester at IUB to help get to your 150. Look for something you can get at least a “D” in without much effort, and you will get the P grade and be closer to the 150 at graduation.</p>
<p>At a school like Kelley IUB, I think the Big Four interviewees at the ugrad level need at least a 3.6 with lots of ECs to even begin to be competitive for interviews. Remember that you will be competing against the top ugrads (out of four or five hundred accounting majors), eighty or so MSAs, and many 3.2 MBAs. That is a lot of potential hires, especially considering that companies like to take new hires from a lot of different schools for various reasons. You can look at the class profile for the Kelley MSA students and see the program growth there (from 44 in 2010 to 84 in 2013), probably because IUB accounting ugrads could not get good jobs and had to go into the MSA program.
<a href=“http://kelley.iu.edu/GAP/MS%20in%20Accounting/Class%20Profiles/page29994.html”>http://kelley.iu.edu/GAP/MS%20in%20Accounting/Class%20Profiles/page29994.html</a>
Remember, too, that you will have to put your “accounting major gpa” on your resume, along with your overall gpa. You want both of these to be as high as possible.</p>
<p>ok great. I just finished my first year as a transfer student with a 3.72 and will be entering Kelley this fall. (B or higher in every class). I have 1 more semester before I-Core but it looks like my fall semester may be a tough one. Just wanted to know where I stand at compared to the rest. What are some tips for preparing to take BUS-A 311 (intermediate accounting 1) and BUS-A 325 (cost accounting)? I will be taking those 2 during the Fall along with the rest of my I-Core pre-reqs</p>
<p>Will refreshing myself on Financial Accounting be my best bet? Should I bother with Managerial Accounting as well? </p>
<p>Did you take A201 and A202 at IU? </p>
<p>A311: Make sure you fully understand all the asset and current liability topics covered in A201. A311 essentially just covers each of those accounts in more detail. If there was a topic in particular you struggled with in A201, don’t wait until it comes up in 311 to try to learn it, do it beforehand. </p>
<p>I took A 201 and A 202 at a community college. I got an A in both courses even though it probably wasn’t as intense as IU’s curriculum. I also took Financial Accounting in high school and got an A but I didn’t receive any college credit for it since my teacher wasn’t a CPA or something like that. </p>
<p>I took A 100 at IU and didn’t struggle at all but that probably wont help too much with Intermediate. </p>
<p>I think I’m going to scoop up a Financial Accounting textbook and go through it as if I was learning it in the class room setting again. Is it possible to get the textbook IU uses online?</p>
<p>Good advice bthomp1. Thank You. I have 73 credit hours now and am going to aim for the 150. Completing my second accounting internship at a smaller firm this summer so hopefully that will give me an edge when interviewing comes around for the bigger places. </p>
<p>Going to tutor A 100 this Fall on top of my K201 tutor position. Also going to continue Judicial Board and hopefully pick up one more EC that won’t take up too much time. A 100 tutors only have to go in twice per 8 week session to help the students prepare for the midterm and final so that wont be too much of a killer on the time. </p>
<p>If you like tutoring and want to make a little extra cash on the side, you can tutor for the athletic department</p>
<p>Souccergurl7988,</p>
<p>Do you know how much you get paid for being a tutor for the athletic department? What are the hours like?</p>
<p>Thanks, nico. So glad your transfer worked out!</p>