Managerial Accounting vs Principles of Finance: accounting or finance?

Managerial Accounting (Accounting 210) looks inside a company: what things cost, how to budget, and how to judge performance and decisions. Principles of Finance (Finance 201) looks at money and value: financial statements and ratios, the time value of money, bond and stock valuation, and risk and return. Both cover financial statements.

Neither syllabus lists a prerequisite, so take the one your program asks for first. If you plan to go on to Financial Management, take Principles of Finance first: it covers the time value of money and valuation that Financial Management uses.

Yes. ACE recommends 3 semester hours for each: Managerial Accounting at the upper-division level (ACE ID UPIS-0020) and Principles of Finance at the lower-division level (ACE ID UPIS-0016). NCCRS recommends 3 semester hours for each as well.

Managerial Accounting: NCCRS recommends 3 semester hours, lower division, in Accounting among other subjects; ACE recommends 3 (ACE ID UPIS-0020). Principles of Finance: NCCRS recommends 3 semester hours, lower division, in Finance among other subjects; ACE recommends 3 (ACE ID UPIS-0016).

Managerial Accounting: Accounting, Business Administration, Finance, Management, Marketing, CIS, or Administration. Principles of Finance: Finance, Accounting, Business Administration, Marketing, Management, or Economics. Your college decides which requirement each one fills.

Principles of Finance is longer by its syllabus. Managerial Accounting: 12 chapters and 58 instructional hours. Principles of Finance: 15 chapters and 65 instructional hours. Both are self-paced, so you finish as fast or as slow as you want.

The format is the same in both: a final of 100 multiple-choice questions that counts for 50% of the grade.

Managerial Accounting: quizzes 20%, the assignment 30%, the final exam 50%. Principles of Finance: quizzes 20%, the assignment 30%, the final exam 50%. A pass is 70 or more.

Managerial Accounting: Goedl, Patricia. Principles of Managerial Accounting (open access), with other references. Principles of Finance: Dahlquist, Julie, et al. Principles of Finance. OpenStax, 2022, with other references.

Financial Management. In the “Economics and finance” order on the Business courses page, it follows Principles of Finance. Your program may set its own order.

No. Open-book is fine for the Managerial Accounting quizzes and assignment, but the final is proctored: lightly, with no camera, once you are at 70% or more, and fully otherwise.

Its NCCRS recommendation runs five years and its ACE listing (UPIS-0020) three; UPI Study renews listings as they end, and credit you have earned stays valid for 10 years.

ACE and NCCRS have over 2,100 cooperating colleges that will consider accepting credits; the final decision is with the universities. Search your school in Find My College and ask your registrar which courses Accounting 210 and Finance 201 would count as. It helps to name the subject: NCCRS recommends Managerial Accounting in Accounting and Principles of Finance in Finance.