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Universidad Nacional Autónoma de México - UNAM

speciality: Accounting & Finance

4.8

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
    Fernanda Victoria
    Infrastructure and academic level

    The National Autonomous University of Mexico is one of the best universities in the country. It has several campuses throughout the Mexican Republic; It also has excellent academics who provide students with an excellent learning system. Its facilities are very beautiful and modern. They also have research modules that allow students to expand their horizons to other countries. UNAM is an important part of our country, why many academics have left this prestigious university, such as some presidents (Andrés Manuel López Obrador) and even filmmakers (Alfonso Cuarón).

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Online
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  • Actuarial Science
    avatar
    Great

    I really liked the university in general, the course I studied had excellent teachers, a very good academic level, what I didn’t like very much was that there was a lack of teachers, since there were very saturated classes. The facilities were also good, I really liked that the faculty had many green areas and a tennis court. The library also had a high repertoire.

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    Programme: Actuarial Science
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Mexico City
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  • Actuarial Science
    avatar
    The best teachers

    UNAM has the best teams of professors, all of them with extensive knowledge and an attitude that is always at the forefront. Education goes beyond books, touching points of professional maturity prior to graduation. Without a doubt, UNAM is the highest educational institution in Mexico.

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    Programme: Actuarial Science
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Mexico City
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  • Accounting and ...
    Business Finance
    avatar
    Unam greatest mexican university

    As a student at UNAM, I’ve had a mixed experience. The university has a rich history and diverse academic programs, which is a definite plus. The campus is stunning and full of opportunities to meet talented peers and engage in extracurricular activities. However, the university’s size can be overwhelming and make navigation challenging. Administrative processes often feel bureaucratic and cumbersome, which can be frustrating. Some facilities might be outdated, impacting the learning experience. In conclusion, UNAM is a place of both great potential and unique challenges. I recommend it with the understanding that you’ll need to adapt to its environment and be patient with its shortcomings.

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    Programme: Accounting and Business Finance
    Degree: Master's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Mexico City
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