Sofia university ST. Kliment Ohridski
speciality: Accounting & Finance
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.
3 Student Reviews
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Accounting and ...14 Jun, 2022
DimitarGood Times and Nice PeopleStudying at Sofia University was something I wanted to be because living in the capital would give me more opportunities to later look for work. Before that happened I studied on campus and was acquainted with the methods of a lot of professors. The only problem is that a lot of them are not adapted to the new needs of the students nowadays. I think it was a good start for higher education at a beautiful location and surrounded by some bright and interesting people with big dreams. Nevertheless, there were some problems with a blended type of education, and the technological equipment of the university is unfortunately not very advanced.
View moreProgramme: Accounting and Business FinanceDegree: Bachelor'sGraduation: 2020Delivery Type: BlendedCampus: Sofia -
Accounting27 May, 2022
StudentCompetence and responsible attitude towards studentsAfter studying economics for four years, I decided to upgrade my knowledge with a specialization in accounting. The teachers I met in the last year of my higher education were friendly and helpful and recommended me for a job as soon as I graduated. I still keep in touch with some of them. Overall, this was the best place to study economics and accounting professionals, and I still hear good reviews. I recommend it because of the central place of the faculty and the long experience of the teachers.
View moreProgramme: AccountingDegree: Master'sGraduation: 1983Delivery Type: On CampusCampus: Sofia -
Accounting and ...27 May, 2022 StudentGreat teachers
I graduated in accounting more than 30 years ago, after which I immediately started working on the recommendation of one of my dear teachers. Not one of the teachers of the time helped me and I had a good relationship with some of them and we have seen each other over the years. The times were different, but I judge from my children that competent professors still work at Sofia University.
View moreProgramme: Accounting and EconomicsDegree: Bachelor'sGraduation: 1981Delivery Type: On CampusCampus: Sofia
