University of Nairobi
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.
5 Student Reviews
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Bachelor of ...02 Jan, 2025
StanleyKEBachelor of Business ManagementLikes.
Academic Excellence: Many students appreciate the quality of education and the commitment to academic excellence.Diverse Programs: The university offers a wide range of programs across various fields, providing students with numerous options to pursue their interests.
Research Opportunities: The University of Nairobi is known for its strong research programs and opportunities for students to engage in impactful research.
Dislikes
Facilities: While the university has many facilities, some students feel that certain areas, such as libraries and laboratories, could be better maintained or updated.
Bureaucracy: The administrative processes being slow and bureaucratic.
Infrastructure: The infrastructure, including roads and buildings, could be improved to better accommodate the growing student population.
View moreProgramme: Bachelor of Commerce in AccountingDegree: Bachelor'sGraduation: 2021Delivery Type: On CampusCampus: Nairobi -
Accounting and ...22 Apr, 2024
StudentKENetworking experienceThe University Of Nairobi gave me a satisfying networking experience with the privilege of meeting students from different ethnic groups.
View more
The opportunity to hangout with people of different professional and life goals gave me a nice experience hence I would highly recommend this institution.Programme: Accounting and ManagementDegree: Bachelor'sGraduation: 2023Delivery Type: On CampusCampus: Nairobi -
Accounting and ...20 Dec, 2023 StudentQABest
Best learning and promoting skills for future competence skills to venture into the world. Interaction bring about enrichment of knowledge and boost the results which is the key reason for building students
View moreProgramme: Accounting and TaxationDegree: Short CourseGraduation: 2023Delivery Type: Online -
Accounting and ...03 Apr, 2023 StudentKEThe amazing student and lecturers interaction
This is a really good university with a variety of programmes to choose from and the student life is just amazing, the culture festivals, colour festivals all festivals. It is a really fantastic university
View moreProgramme: Accounting and ManagementDegree: Bachelor'sGraduation: 2023Delivery Type: On CampusCampus: Nairobi -
Accounting and ...02 Apr, 2022 StudentChallenges faced in university
It’s a very good school the classes are great, the lectures are motivated and work hard ensuring they attend classes, give chats and assignments. As a student, it’s hard to cope with campus life due to the standard of living some students don’t come from well of families so they struggle a lot to cope with campus life resorting to engaging in crimes and immoral activities in order to survive.
View moreProgramme: Accounting and ManagementDegree: Bachelor'sGraduation: 2025Delivery Type: On CampusCampus: Nairobi
