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York University - YU

speciality: Accounting & Finance

4.4

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.

8 Student Reviews

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  • Accounting and ...
    Business Finance
    Monika
    My Review

    Thriving at York University’s Business Administration program in Toronto has been transformative! Exceptional faculty, vibrant campus, and real-world insights make this journey truly enriching!

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    Programme: Accounting and Business Finance
    Degree: Short Course
    Graduation: 2023
    Delivery Type: Online
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  • BCom
    avatar
    The C4 Classroom experience

    I had a variety of opportunities and got to work on projects and clubs affiliated with the university. The program enabled me to find my career path and even work on it while focusing on my personal growth.

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    Programme: BCom
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: Blended
    Campus: Toronto
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  • Accounting
    Vaishali
    Customer service representative

    Amazing university with cooperative teachers. I am fairly new here but university is very welcoming and very gracious. They treat every student equally and very friendly staff. Although this is a big place but every area has calculated directions.

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    Programme: Accounting
    Degree: Short Course
    Graduation: 2023
    Delivery Type: Blended
    Campus: Toronto
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  • Actuarial Science
    avatar
    Faculty of Science

    York University is one of the best universities in Canada and offers very competitive courses. I did actuarial science in the faculty of science and I must confess I got the best. The lecturers here are top notch. It also provides students with networking opportunities making it easier for the students to get competitive jobs not only in Canada but anywhere in the world. This makes it a world class university and I highly recommend York University

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    Programme: Actuarial Science
    Degree: Bachelor's
    Graduation: 2014
    Delivery Type: On Campus
    Campus: Toronto
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  • Accounting and ...
    Finance
    Rojena
    Soft Skills > Technical Skills

    I was a part of the Schulich School of Business faculty at York University.
    Although the four-year undergraduate term was rigorous and dense, I was able to develop a career within the capital markets sector as a result of my post-secondary background.
    More importantly, the soft skills that I gained through collaborative group initiatives, participating in club-related activities (i.e. DECA, case competitions. etc.), and course-based presentations provided a good foundation for me to rely on when having interactions in the corporate world. I believe that although my technical aptitude may have helped me get my foot in the door, the people/soft skills gained throughout the 4 years helped me secure internships and subsequently full-time roles.
    Overall, I am a strong advocate for post-secondary and higher education. I plan to go back to school to pursue my Masters in Finance.
    In the meantime, I am working on attaining a CFA designation.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2019
    Delivery Type: On Campus
    Campus: Toronto
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  • BCom
    Muskan
    Courses

    The campus is beautiful and there are tons of resources available to students. The university could use better communication mediums and maybe better networking opportunities or career advisors for all kinds of programs and not just the very renowned ones.

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    Programme: BCom
    Degree: Bachelor's
    Graduation: 2022
    Campus: Toronto
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  • Accounting and ...
    Finance
    avatar
    Student life

    Amazing university, really happy with my choice. The campus and clubs are great. Teachers and students are very helpful. Its easy to make friends as their are a vast variety of students from different ethnicities

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Campus: Toronto
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  • Accounting
    avatar
    it was a very diverse community.

    I am almost in my last year of my bachelors and I have enjoyed my time here so far. Apart from the strike that took place in my first year I have had an overall smooth experience at this institution.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2021
    Campus: Toronto
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