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University of Canberra

speciality: Accounting & Finance

4.3

What is an Accounting & Finance degree?

An Accounting & Finance degree focuses on the management of monetary resources available to an organization. Such a degree is aimed at students who want to pursue careers in investment analysis, management, banking, auditing, consulting and financial management. It teaches students how to assess the assets and liabilities of an organization financially and manage the financial risk of their activity.

Accounting & Finance covers the core areas of financial accounting, management accounting and finance but also includes other aspects of the business activity, such as financial management and control, corporate finance, company accounts, investment and business law. Optional module options provided by different universities around the world often allow students to specialize in a particular area such as auditing, taxation, etc.

Benefits of an Accounting & Finance degree

The completion of an Accounting & Finance degree comes along with numerous benefits. Students develop strong analytical, critical-thinking and problem-solving skills, which are highly demanded by employers in both the private and the public sector and result in graduates often finding employment in large multinational organizations that offer professional services such as PwC, KPMG and Deloitte. On top of that, established companies around the world offer excellent and well-structured graduate schemes, which help Accounting & Finance graduates to kick-start their careers.

Accounting & Finance degrees are mostly practically oriented. They allow students to put the knowledge and skills they acquire on a daily basis to practice through simulated and real-life business accounts management and work placement opportunities.

Most Accounting & Finance degrees are professionally accredited by professional bodies, such as ACCA, AIA, CIMA, ICAEW and CIPFA, which provides students with the opportunity to become chartered accountants. Students gain professional qualifications in accountancy, which eliminates the need for additional certifications after graduation.

Due to the nature of the Accounting & Finance Degree, which complements business-related subjects, students often have the opportunity to complete a joint honours degree.

Accounting & Finance Degree Structure

An Accounting & Finance degree’s duration varies depending on the country and degree level. In some countries, such as the United Kingdom, Bachelor’s degrees in Accounting & Finance can be completed in three years. However, universities also offer students the option to take a sandwich course, which allows them to undertake a year-long placement between their second and third year, which extends the course to four years. Four years is the regular time of completion of this degree in other countries, such as the United States.

The first year of a Bachelor’s degree in Accounting & Finance introduces the core principles of accounting and finance, including financial accounting, management accounting and finance as well as economics and business law. The second year’s focus is usually on managerial and business economics, financial control, corporate finance and company accounts, but optional modules might enable students to pursue their interests in other aspects of Accounting & Finance such as auditing or strategic business analysis. At this point, students studying at Higher Education Institutions in the UK could choose to take an industry placement in order to apply the theoretical concepts and the acquired knowledge to practice in the professional environment. The next stage of this degree is dedicated to further-developing students’ knowledge of financial and management accounting. Optional modules might enable students to specialize in a particular area of their choice such as auditing or taxation in some countries like the UK.

Masters’ degrees in Accounting & Finance usually take between 12 and 18 months to complete depending on the country that students choose for their studies. 

Research-based degrees, such as MPhil and PhD, can take anywhere between 1 and 7 years depending on the country and type of degree. MPhil degrees in Accounting & Finance in the UK usually take 12 months if it is studied full-time and 24 months for part-time studies. PhD degrees in the UK, on the other hand, take about 36 months to complete if studying full-time and 72 months for a part-time program. In the US, students may be required to dedicate between 4 and 7 years on their degree.

7 Student Reviews

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  • Accounting
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    The University of Canberra

    The University of Canberra is widely recognized for its demanding academic programs, outstanding faculty, and intimate learning environment. It offers a vast array of academic disciplines and majors, and its small class sizes create opportunities for deep learning and exploration. Its commitment to scholarly achievement would encourage me to push myself intellectually.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Canberra
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  • Accounting
    Jack
    I appreciate the University of Canberra

    As an international student at the University of Canberra, I’ve found the learning environment to be highly beneficial. The small class sizes and clear lectures have helped me to understand the material, and the opportunity to put theory into practice has reinforced my learning. I appreciate the university’s approach to considering multiple perspectives when tackling complex problems.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Canberra
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  • Accounting
    Jessica
    A special place

    The University of Canberra is truly a special place, with its stunning grounds and multitude of resources dedicated to supporting student success. I am so grateful for the dedicated staff and faculty who assisted me.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Canberra
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  • Accounting
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    Great lecturers

    The lecturers at the University of Canberra are a true asset to the university. They are passionate about their students’ success and work tirelessly to ensure that everyone is supported and able to learn. They are always available to answer questions, and they create a positive and encouraging learning.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Canberra
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  • Accounting and ...
    Business Finance
    Thomas
    The University of Canberra

    I would wholeheartedly recommend the University of Canberra to anyone considering a higher education institution. The lecturers are experts in their fields, and they provide valuable insights into the course material. I had the opportunity to form lasting friendships and connections with other students, and the staff was very friendly and helpful. The university also offers a variety of events.

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    Programme: Accounting and Business Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Canberra
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  • Accounting
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    The University of Canberra

    The University of Canberra is not only a top-notch institution, but also a welcoming and friendly place to be. The diverse student body adds an extra dimension to the experience, and I’ve felt a real sense of belonging from day one. Whether it’s staff, faculty, or fellow students, everyone here goes out of their way.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Canberra
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  • Accounting
    James
    My experience

    I couldn’t be happier with my decision to study at the University of Canberra. The first year was an enjoyable and successful experience, thanks to the warm and supportive atmosphere of the university, and the wonderful lecturers who have helped me to grow and learn.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Canberra
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