CAPITOL UNIVERSITY

College of Business and Accountancy

B A C HEL O R O F S C I EN C E I N
MA N A G EMEN T A C C O UN TI N G

CHED MEMORANDUM ORDER 28, SERIES OF 2017

Nature of the Field of Study

This is the program that provides general accounting education to

students wanting to pursue a professional career in management
accounting. Further, this is the program complies with the latest
competency framework for professional accountants issued by
the International Federation of Accountants (IFAC) thru their
International Education Standards. Thus, this qualifies the
graduate of this program to take assessments leading to
certifications in management accounting given by global
professional management accounting organizations.

BSMA Orientation 1
 Nature of the Field of Study

As a field of study, management accounting is a

profession that involves partnering in management
decision-making, devising planning and performance
management systems, and providing expertise in
financial reporting and control to assist management
in the formulation and implementation of an
organization’s strategy.

Nature of the Field of Study

Management accountants are expected to: (a) apply accounting

and finance skills; (b) ensure these skills are applied in the
context of the business; (c) to influence the decisions, actions
and behaviors of others; and (d) lead the organization at
different levels.
A combination of accounting and financial expertise, business
understanding and analytical skills and appropriate business
experience means that management accountants are practical
and grounded in operational reality.
Most commonly, management accountants are expected to
contribute to planning, controlling and performance evaluation.

BSMA Orientation 2
 Program Goals

The primary goal of accounting education is to produce

competent and ethical professional accountants capable
of making a positive contribution over their lifetimes to
the profession and society in which they work. In the
face of increasing changes that they will meet later as
professional accountants, it is essential that students
develop and maintain an attitude of learning to learn,
to maintain their competence later as professional
accountants.

Program Goals

The BSMA program should provide a foundation of

professional knowledge, professional skills, and
professional values, ethics and attitudes that enable
them to continue to learn and adapt to change
throughout their professional lives. These capabilities
will enable professional management accountants to
identify problems, know where to find this knowledge
and know how to apply it in an ethical manner to
achieve appropriate solutions.

BSMA Orientation 3
 Specific professions/careers/occupations for
BSMA graduates

The BSMA program seeks to prepare the student for a

management accounting career.
a. Entry-level jobs.
1. Public Practice: Junior Analyst, Consulting staff
2. Commerce and Industry: Cost Analyst, Investment Analyst,
Management Accounting Staff, Tax Accounting Staff, Financial
Analyst, Budget Analyst, Credit Analyst, Cost Accountant.
3. Government: State Accounting Examiner, NBI Agent, Treasury
Agent, State Accountant, LGU Accountant, Revenue Officer, Audit
Examiner, Budget Officer, Financial Services Specialist
4. Education: Junior Accounting Instructor

Specific professions/careers/occupations for

BSMA graduates

b. Middle-level positions
1. Public Practice: Senior Consulting Manager/Financial Advisory
Manager
2. Commerce and Industry: Controller/Comptroller, Senior
Information Systems Auditor, Senior Loan Officer, Senior Budget
Officer
3. Government: State Accountant V, Director III and Director IV,
Government Accountancy and Audit, Financial Services Manager,
Audit Services Manager, Senior Auditor
4. Education: Senior Faculty, Accounting Department Chair

BSMA Orientation 4
 Specific professions/careers/occupations for
BSMA graduates

c. Advanced positions
1. Public Practice: Partner, Senior Partner, Senior
Consultant/Financial Advisor
2. Commerce and Industry: Finance Director/Chief Financial Officer,
Chief Information Officer
3. Government: National Treasurer, Vice President for Finance/CFO
(for GOCCs), Commissioner, Associate Commissioner, Assistant
Commissioner, (COA, BIR, BOC)
4. Education: Vice President for Academic Affairs, Dean

Program Outcomes

Common to all programs in all types of schools

The graduates have the ability to:
1. articulate and discuss the latest developments in the specific
field of practice. (PQF level 6 descriptor)
2. effectively communicate orally and in writing using both
English and Filipino
3. work effectively and independently in multi-disciplinary
and multicultural teams. (PQF level 6 descriptor)
4. act in recognition of professional, social, and ethical
responsibility
5. preserve and promote “Filipino historical and cultural
heritage” (based on RA 7722)

BSMA Orientation 5
 Program Outcomes

Common to the Business and Management discipline

A graduate of a business or management degree should be able
to:
1. Describe the basic functions of management such as planning,
organizing, leading and controlling.
2. Identify and describe the basic concepts that underlie each of
the functional areas of business (marketing, finance, human
resources management, production and operations
management, information technology, and strategic
management) and employ these concepts in various business
situations.
3. Select the proper decision making tools to critically,
analytically and creatively solve problems and drive results

Program Outcomes

Common to the Business and Management discipline

4. Expresses oneself clearly and communicates effectively with
stakeholders both in oral and written forms.
5. Apply information and communication technology (ICT)
skills as required by the business environment.
6. Able to work effectively with other stakeholders and manage
conflict in the workplace
7. Organize and lead groups to plan and implement business
related activities.
8. Demonstrate corporate citizenship and social responsibility
9. Exercise high personal moral and ethical standards

BSMA Orientation 6
 Program Outcomes

Specific to the sub-discipline and major

A graduate of BS in Management Accounting should be
able to:
1. Resolve business issues and problems, with a global and
strategic perspective using their knowledge and technical
proficiency in the areas of financial accounting and
reporting, cost accounting and management,
management accounting and control, taxation and
accounting information systems.
2. Conduct management accounting research through
independent studies of relevant literature and
appropriate use of accounting theory and methodologies.

Program Outcomes

3. Employ technology as a business tool in capturing financial

and non-financial information, generating reports and making
decisions.
4. Apply knowledge and skills that will enable them to
successfully respond to various types of assessments
(including professional licensure and certifications).
5. Confidently maintain a commitment to good corporate
citizenship, social responsibility and ethical practice in
performing functions as an accountant.

BSMA Orientation 7
 Program Educational Objectives

The BS in Management Accounting program should be able

to:
1. Provide students with a foundation of professional
knowledge, professional skills, and professional values,
ethics and attitudes that enable them to continue to learn
and adapt to change.
2. Equip students with technical and strategic skills for
entry into the business industry and for employment in
commerce and industry, public practice, government and
education sectors.

Program Educational Objectives

3. Prepare students for a successful long-term career in

management accounting and related professions.
4. Instill lifelong learning and continuous professional
development.
5. Prepare students for plausible Certified Management
Accountant (CMA), Chartered Institute of Management
Accountants (CIMA), and Certified Public Accountant
(CPA) certification and licensure exams.

BSMA Orientation 8
 Curriculum Description

The curriculum for BS in Management Accounting (BSMA)

Program is designed to support aspiring professional
accountants to develop the appropriate entry-level technical
competence, professional skills, values, ethics and attitudes to
successfully complete their studies, pass their professional
certification assessment/examination and the practical
experience period. It is composed of
191 units, including the required General Education, or GE
curriculum, and covers all major areas required by the
profession such as:
1. Accounting, finance and related knowledge;
2. Organizational and business knowledge; and
3. Information technology, knowledge and competencies.

Curriculum Description

The 191 units are broken down into the following components:
Courses Units
1. General Education (GE) Courses 36
2. General Education Elective Courses 9
3. Physical Education (PE) courses 8
4. NSTP 6
5. Business and Mgmt. Education Courses 12
6. Accounting Education Courses 87
7. Professional Courses 30
8. Institutional Courses 3
Total 191

The subjects under the General Education (GE) Courses are as per CHED Memorandum No.
20 series of 2013 and the curriculum meets the minimum requirement set by CHED as per
CHED Memorandum No. 28 series of 2017.
This curriculum is also vertically aligned with the Accounting and Business Management
(ABM) strand of the senior high school academic track.

BSMA Orientation 9
 Bachelor of Science in Management Accounting
FIRST YEAR – FIRST SEMESTER
HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
Orient 1 General Orientation 1 0 1
DRR 101 Disaster Risk Reduction 1 1 0 1
GEC 1 Understanding the Self 3 0 3
AE 101 Financial Accounting and Reporting 6 0 6
AE 102 Managerial Economics 3 0 3
BA 101 Human Resource Management 3 0 3
PE 101 (PATH-FIT 1) Movement Competency Training (MCT) 0 2 2
NSTP 1 National Service Training Program 1 3 0 3
TOTAL 20 2 22

FIRST YEAR – SECOND SEMESTER

HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
DRR 102 Disaster Risk Reduction 2 1 0 1
GEC 2 Readings in Philippine History 3 0 3
GEC 3 Contemporary World 3 0 3
AE 103 Conceptual Framework and Accounting Standards 3 0 3 AE101
AE 104 Partnership and Corporation Accounting 3 0 3 AE101
AE 105 Economic Development 3 0 3 AE102
AE 106 IT Application Tools in Business 1 2 3
PE 102 (PATH-FIT 2) Fitness Training (FT) 0 2 2 PE 101
NSTP 2 National Service Training Program 2 3 0 3 NSTP 1
TOTAL 20 4 24

Bachelor of Science in Management Accounting

SECOND YEAR – FIRST SEMESTER
HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
GEC 4 Math in the Modern World 3 0 3
GEC 5 Purposive Communication 3 0 3
GECE 27 Gender and Society 3 0 3
AE 107 Management Science 3 0 3
AE 108 Financial Markets 3 0 3
AE 109 Cost Accounting and Control 3 0 3 AE101
AE 111 Intermediate Accounting 1 3 0 3 AE101
Mgt 5 Human Behavior in Organization 3 0 3
PE 103 (PATH-FIT 3) Dance, Sports (Individual/Dual), Martial Arts 0 2 2 PE 101
TOTAL 24 2 26

SECOND YEAR – SECOND SEMESTER

HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
GEC 6 Art Appreciation 3 0 3
GEC 7 Science, Technology, and Society 3 0 3
GECE 24 Living in the IT Era 3 0 3
GECE 30 Philippine Popular Culture 3 0 3
AE 110 Strategic Cost Management 3 0 3 AE109
AE 112 Intermediate Accounting 2 3 0 3 AE111
AE 114 Accounting Information System 1 2 3 AE101
BA 109 Law on Obligations and Contract 3 0 3
PE 104 (PATH-FIT 4) Sports (Team) 0 2 2 PE 101
TOTAL 22 4 26

BSMA Orientation 10
 Bachelor of Science in Management Accounting

THIRD YEAR – FIRST SEMESTER

HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
GEC 8 Ethics 3 0 3
GEC 9 The Life and Works of Rizal 3 0 3
GEC 10 Wika, Lipunan at Kultura 3 0 3
AE 113 Intermediate Accounting 3 3 0 3 AE112
AE 116 Business Laws and Regulations 3 0 3 BA109
FM 101 Financial Management 3 0 3
BA 104 International Business and Trade 3 0 3
BA 106 Operations Management and TQM 3 0 3 AE107
BA 107 Entrepreneurial Management 1 3 0 3
TOTAL 27 0 27

THIRD YEAR – SECOND SEMESTER

HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
GEC 11 Berbal at Di-berbal na Komunikasyon sa Filipino 3 0 3
AE 117 Regulatory Framework and Legal Issues in Business 3 0 3 AE116
AE 118 Statistical Analysis with Software Application 1 2 3
AE 119 Governance, Business Ethics, Risk Management & Internal 3 0 3
Control
AE 121 Project Management 3 0 3
AE 122 Accounting for Business Combination 3 0 3
AE 123 Valuation Concepts and Methods 3 0 3 FM101
BA 108 Entrepreneurial Management 2 3 0 3 BA107
BA 110 Income Taxation 3 0 3 AE101
TOTAL 25 2 27

Bachelor of Science in Management Accounting

FOURTH YEAR – FIRST SEMESTER

HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
GEC 13 Contemporary Philippine Literature 3 0 3
AE 124 Strategic Business Analysis 3 0 3
AE 125 Business Taxes 3 0 3 BA110
AE 126 Strategic Tax Management 3 0 3 BA110
AE 127 Accounting for Government & Not-for-Profit Entities 3 0 3
AE 128 Sustainability and Strategic Audit 3 0 3
AE 129 Performance Management Systems 3 0 3
AE 131 Updates in Management Accounting 3 0 3
AE 132 Accounting Research Methods 3 0 3 AE118
BA 113 Strategic Management 3 0 3
TOTAL 30 0 30

FOURTH YEAR – SECOND SEMESTER

HOURS PRE-
COURSE NO. COURSE TITLE LEC LAB UNITS REQUISITES
AE 133 Management Accounting Internship (400hrs) 0 6 6 Graduating
AE 134 Management Accounting Research 3 0 3 AE132
TOTAL 3 6 9

BSMA Orientation 11