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University of Ottawa

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.

4 Student Reviews

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  • Accounting
    Rita
    The professors

    Professors at the University of Ottawa are incredibly useful and helpful in various ways. They bring a wealth of knowledge and expertise to their classrooms, enriching students’ learning experiences. Their open-door policies and willingness to engage in one-on-one discussions foster a supportive and collaborative environment. Professors readily provide guidance on academic and career matters, mentor students in research projects, and encourage critical thinking. Their dedication to student success extends beyond the classroom, making the University of Ottawa a place where students can thrive academically and personally with the invaluable support of their professors.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Ontario
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  • Accounting and ...
    Finance
    avatar
    Course Requirements

    The University of Ottawa is a great institution and I have been enjoying my time studying. I lived on campus for two years and had some issues but overall had a great experience. I studied a Bachelor of Commerce Specializing in Accounting. The course requirements were easy to find online and the website also provided a clear way to visualize it by year. Almost all of my classes were in the same building which made them easy to find and helped me save time by not having to walk around so much. There are multiple sections for each course which offers different professors, days of the week, time of day and locations to give students the options that work best for their schedule. My course requirements made me take many courses that I originally thought were going to be useless but they ended up being very helpful and informative. They helped me realize that there is so much to my program and there is so much more to it than I could’ve realized. The issue I have with my program is that there was no room for electives. With my course requirements, I only have one elective in my four years. I wish there could’ve been more room for electives so I could explore and do some courses that I could choose and to expand and explore.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Ontario
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  • Accounting and ...
    Finance
    avatar
    Awesome

    I love UOttawa. It’s awesome. If I were to recommend a university to anyone, it would be this one. Everyone is so kind and helpful and the campus is beautiful in every season. Profs are super helpful too.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Ontario
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  • Accounting and ...
    Finance
    avatar
    Telfer Student

    Honestly the program gives you great career opportunities through their co-op program. The courses are sometimes outdated, but mostly relevant to my field of study. However, the first two years can be rough taking the mandatory courses ie an HR student has to take stats 1

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Ontario
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