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British Columbia Institute of Technology - BCIT

speciality: Accounting & Finance

4.2

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.

6 Student Reviews

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  • Accounting
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    BCIT EXPERIENCE

    The campus is quite large, but it is easy to get around. If you are having trouble with your schooling, there are numerous options available to aid you. In terms of lectures, I’d say that they are not that effective. Students, for instance, complain about lectures being too long. In addition, as a student for whom English is a second language, it is difficult to understand the lessons if the professor discusses them quickly. It’s quite a struggle to catch up, but I’m gradually adapting to the system. I particularly appreciate that students at BCIT have access to U-Pass BC, a student transportation programme sponsored in conjunction with the BCIT Student Association, Translink, and the Province of British Columbia that allows students to ride the bus, skytrain, and seabus anywhere in Metro Vancouver. The library is a comfortable space to concentrate and study. Despite some of those things, I feel that this school is accommodating to all students. The school itself feels safe and homely, just right for the course I’m studying. As a new student at BCIT, I am glad I chose it. I have gained valuable knowledge and skills that will benefit me in my future career.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Vancouver
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  • Accounting
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    accounting is good

    As a student at BCIT (British Columbia Institute of Technology), I have been thoroughly impressed with the quality of education I have received. The institute offers a range of programs in areas like technology, business, and health sciences, and the classes are taught by industry professionals who bring their real-world experience into the classroom. The hands-on, practical approach of the programs has provided me with valuable skills that are highly sought after by employers. The campus is modern and equipped with the latest technology, and the supportive atmosphere has been instrumental in my academic and personal success.

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    Programme: Accounting
    Degree: Short Course
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Vancouver
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  • Accounting
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    Engaging

    One of the key factors that contribute to BCIT’s engagement is its hands-on approach to education. With a strong emphasis on practical skills, students are able to apply what they learn in the classroom to real-world situations, making the learning experience more relevant and impactful. This practical focus also allows students to develop valuable hands-on skills and work experience, which can be extremely beneficial in their future careers.

    In addition to its hands-on approach, BCIT is also known for its supportive and inclusive atmosphere. The faculty and staff are highly dedicated to helping students succeed, and the school offers a range of support services, including academic advising, counseling, and career services. This supportive environment helps to foster a sense of community and engagement among students, encouraging them to stay involved in the school and get the most out of their education.

    Finally, BCIT’s diverse range of programs and flexible scheduling options make it an ideal choice for students from a variety of backgrounds and with different learning styles. Whether you prefer full-time study, part-time study, or online learning, BCIT has a program that will meet your needs and keep you engaged in the learning process.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Vancouver
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  • Accounting
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    Insights into BCIT

    The British Columbia Institute of Technology (BCIT) offers a diverse range of programs across a variety of fields. As a former student of BCIT, I can confidently say that it is a fantastic school that provides students with an excellent education and prepares them for the workforce. One of the things that sets BCIT apart from other institutions is its hands-on, experiential learning approach.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2019
    Delivery Type: On Campus
    Campus: Vancouver
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  • Accounting
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    alright

    The university program offers a comprehensive education in a dynamic and challenging environment. With experienced faculty, cutting-edge facilities and a diverse student body, it provides students with the tools and opportunities to succeed in their careers and make a positive impact on the world. Whether you’re pursuing a degree in the arts, sciences, or any other field, this program is designed to help you reach your full potential.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Vancouver
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  • Accounting
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    Program Highlights

    I enjoy that this institute is able to allow me to get my bachelors in 3 years instead of 4. It is very welcoming and easy to make friends as you are placed in designed “sets” of anywhere between 10-30 students.

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    Programme: Accounting
    Degree: Short Course
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Vancouver
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