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University of Ghana - UG

speciality: Accounting & Finance

4.7

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 and ...
    Economics
    Selasi
    Cultural Immersion

    Beyond the confines of classrooms, the University of Ghana offered a cultural tapestry unlike any other. The campus was a melting pot of diverse cultures, languages, and traditions, where students from different backgrounds came together to create a vibrant community. From attending traditional festivals to participating in cultural exchange programs, I was fortunate to immerse myself in Ghanaian culture and forge lifelong friendships along the way.

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    Programme: Accounting and Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Online
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  • Accounting and ...
    Finance
    Henrietta
    Research work

    The University of Ghana, the top university in Ghana, was established by Ordinance on August 11, 1948 as the University College of the Gold Coast with the mission of delivering and advancing higher education, learning, and research. to develop into a top-tier, highly focused university.

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    Programme: Accounting and Finance
    Degree: Master's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Accra
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  • Accounting and ...
    Finance
    Ishmael
    Impression

    I am impressed with the University’s facilities on a personal level. The top facilities in the nation are at the university. The university has enough space for both the instructors and the students. I will strongly suggest the institution.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Accra
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  • Accounting and ...
    Finance
    avatar
    University of Ghana

    What I like about this university is the system
    If studies which is so free and also the means to lectures is very easy to access.Lecturers do provide us with appropriate slides for studies. What I do dislike is how strict invigoration is during exams time and I know it’s funny to mention that

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Accra
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  • Actuarial Science
    avatar
    Reasons I choose to attend UG

    Growing up as a child, I have always dreamt of attending the premier university that is the University of Ghana because of the good name it has proven to become and what I have heard about this prestigious institution.
    Looking at academic perspective I think University Of Ghana is at its top level, quality lecturers who make learning simple and easier for students.
    When you come to the entertainment aspect like hall weeks and SRC week celebrations, University of Ghana is the best.
    When you come to infrastructure, environment and sporting activities, University of Ghana tops all institutions in Ghana.
    Will recommend UG to all students willing to come to the University.

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    Programme: Actuarial Science
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Accra
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  • Accounting and ...
    Finance
    William
    Studying at the University of Ghana

    Deciding to study accounting at the University of Ghana (UG) has been one of the best decisions I have made career-wise and for personal growth. Not only did it provide me with the necessary theoretical knowledge in Accounting but it also equipped me with certain soft skills which proved useful in an office environment.
    Tutors and student life in UG are far above international standards as it has adequate facilities in every program being offered from biochemistry to drama and dance.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2019
    Delivery Type: On Campus
    Campus: Accra
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  • Accounting and ...
    Finance
    avatar
    Best Public University in Ghana by all standards

    University of Ghana, with its collegiate system, allows for a more decentralised decision making among the colleges and associated faculties to better tailor academic and extracurricular activities to students needs.

    The lecturers and administrators are committed to ensure that the university’s systems function properly. They use innovative strategies to manage and teach students to impart relevant knowledge, skills and abilities into students from all over the world through research and pure academic work so that they can also better impart their environments.

    I am proud to belong to this university that prides itself in and drills into students the values of hardworking, excellence, service and humility. These elements helped to establish and build upon my educational laurels, and better prepared me for the real world, amidst its ups and downs.

    To help prepare and position yourself in life after university, look no further than University of Ghana, Legon.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2015
    Campus: Accra
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