Accounting

Minor

PROGRAM SNAPSHOT

Get started with budgeting. Learn Generally Accepted Accounting Principles (GAAP). Enhance your financial knowledge.

Why Study Accounting at Winona State?

Accounting is more than just bookkeeping and reporting. From setting a budget to filing taxes to analyzing financial performance, accounting is part of our everyday lives.  

And that’s why accountants are in high demand in the workforce. They’re the ones who help individuals, businesses, and organizations achieve their financial goals.  

The Accounting minor through Winona State’s Accounting Department is meant for anyone who wants to complement a business major or intends to start their own business someday. This minor is also a good fit for students who are passionate about using data to inform decisions. 

The Accounting minor is accredited by the Association to Advance Collegiate Schools of Business (AACSB). 

Beating Ivy Leagues Globally

Four Winona State Business students—including Aanuoluwapo “Favour” Ogunwole ’26, an Accounting and Management Information Systems double major—developed a plan for a non-profit to offer mentorship and job training to refugees, impressing judges at an international contest.

Read Their Story
WSU Business students on Team Synergy, aimed at helping refugees

What Will You Learn as an Accounting Minor?

As an Accounting minor, you’ll learn the fundamentals of accounting and tailor your studies to your personal interests—from budgeting to filing taxes to using accounting systems. 

You’ll also: 

  • analyze customer profitability 
  • study the basic accounting cycle and the environment of accounting 
  • use product costing systems and standard costing systems to aid managerial decision making 
  • know how to account for cash, receivables, inventories, plant and equipment, and intangible assets 
Graduation Requirement

Aside from major- or minor-specific requirements, you’ll need to complete additional requirements through the General Education Program (GEP) to earn your degree from Winona State University.

Learn More about the GEP

Program Highlights

Real-World Training

Engaging Learning Spaces

The College of Business Engagement Center is your hub for experiential learning.

This space includes the Winona National Bank Financial Markets Lab, Strauss Center for Sales Excellence, Federated Insurance Role Play Room, and an event area dedicated to collaborating with guest business partners.

Personalized Advising

You’ll receive personalized business student advising services and other support from when you enroll in this program to when you graduate.

There are also business-focused career advising services to help match you with a local organization in need of new talent.

Beyond the Classroom

Hear from Alumni

The Accounting minor was a good way to get my foot in the door and keep my career options open. The transition into WSU’s MPA program was smooth, and it was the main reason I continued to pursue the CPA license.
Declan Walsh ‘21 | Accounting minor

Careers & Outcomes

Although an Accounting minor alone can’t guarantee you a job in the field, it can take your business major to the next level.

Learn more about what careers are possible with this minor and where our alumni have gone after graduation.

Program Admission

To become a College of Business student, you’ll need to be accepted to Winona State first.

Once you’ve been accepted to Winona State, you must meet the following admissions criteria before you can be admitted into the College of Business and apply to your business-specific program.

Admissions Criteria

To be admitted into the College of Business, you must:

  • have earned 30 credits or more at the time of your application. Most students have 30 credits after their first 2 semesters at Winona State.
  • have a cumulative GPA of 2.5 or higher.
  • have completed all prerequisite courses at Winona State (or course equivalents at another institution) prior to starting your chosen program. You must have a grade of “C” or better in all 3-credit college level prerequisites.

Prerequisite Courses

Course CodeCourse TitleAlternative(s)
ACCT 211Financial Accounting Principles
CMST 191Introduction to Public SpeakingYou can substitute CMST 191 by completing CMST 192 (Introduction to Effective Communication). Marketing majors are encouraged to take CMST 192.
ECON 201Principles of MicroeconomicsYou can substitute ECON 201 by completing ECON 202 (Principles of Macroeconomics).
ENG 111College Reading and Writing
MATH 110Finite MathematicsYou can substitute MATH 110 by completing any of the following courses: MATH 112 (Applied Precalculus), MATH 115 (College Algebra), MATH 120 (Precalculus), MATH 140 (Applied Calculus), or MATH 212 (Calculus I). Math requirements vary by business major, but any of these math courses will be used for College of Business admission.
STAT 110Fundamentals of StatisticsYou can substitute STAT 110 by completing any one of the following courses: STAT 210 (Statistics) or ECON 222 (Statistics for Business and Economics). Statistics requirements vary by business major, but any of these statistics courses will be used for College of Business admission.

Completing Prerequisite Courses at Other Institutions

If it would be better for your schedule to complete these prerequisites at another institution, make sure your credits will satisfy the requirements.

If you decide to complete any College of Business prerequisite courses at an institution within the Minnesota State Colleges & Universities System, you must use eServices to confirm whether the institution offers course equivalents that Winona State will accept.

If you choose to complete any of these prerequisites at an institution outside the Minnesota State Colleges & Universities System, you can use Transferology to understand how your credits may transfer to Winona State.

You can also meet with a counselor who specializes in transfer admissions to confirm you’ve got your bases covered.

Application Process

After you complete the prerequisite courses and meet the admissions criteria, you can be admitted into the College of Business with 2 applications.

Declare Business Program(s)

Declare your business major or minor using Winona State’s Declaration/Change of Major/Minor form.

Your business program must appear on your Degree Audit Report (DARS) before you can move on to the final step.

Declaration/Change of Major/Minor Form

Apply to the College of Business

Submit your College of Business application—and you’re in!

You can now begin taking upper-level business courses for your selected program(s).

College of Business Application

Have Questions?

Learn more about College of Business program admission requirements.

If you still need assistance, you can meet with the College of Business Advisor by scheduling an online or in-person appointment.

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