University of Lagos - UNILAG
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.
14 Student Reviews
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Banking and ...10 months ago
MayowaNGThe quality of educationThe university is one of the best in the Country. It’s a university with loads of opportunities for students and extra curricular activities are incorporated in the educational system. Students are well groomed in the School. Though there are few inconveniences but it is still a wonderful experience.
View moreProgramme: Banking and FinanceDegree: Bachelor'sGraduation: 2023Delivery Type: On CampusCampus: Lagos -
Accounting28 Nov, 2022 BenNGBest Higher Institution in the Country
This university is the absolute best in the country as it has the best and most conducive environment for learning and our professors are the best the country has got. It is in a very locatable area and its just too perfect for education.
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2023Delivery Type: On CampusCampus: Lagos -
Accounting16 Nov, 2022
StudentNGExperience as a Unilag studentI think it is a very good environment. I don’t like the fact that the classrooms are not always enough for students and so, some students have to stand throughout the lectures. In all, it is a very interesting school and the students are disciplined.
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2024Delivery Type: Online -
Accounting22 Jul, 2022 MaryUpdated facilities
The infrastructure is lovely and is occasionally renovated based on the needs of the students. It offers modern classrooms, a modern library, a sports field, etc. The hostel is also run with great manners. Additionally, the cuisine at the canteen is of high quality
View moreProgramme: AccountingDegree: Short CourseGraduation: 2022Delivery Type: On CampusCampus: Lagos -
Accounting14 Jul, 2022 StudentMy opinion
The atmosphere here is very much serene and peaceful. I love the classes here, it’s a fun place to come and learn and also the student life experience I have here is got to be the best. My programme has alot of exciting prospects in career
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2023Delivery Type: BlendedCampus: Lagos -
Accounting10 Jul, 2022 StudentReview
University of Lagos is a stand out institution in Nigeria as a whole with decent facilities and serene surroundings and environment, great and hardworking lecturers and also my program is sort for and has good career prospects
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2025Delivery Type: BlendedCampus: Lagos -
Banking and ...05 Jul, 2022 StudentSecurity
The university has in recent times faced tough security challenges but presently speaking that is no longer a problem, the management has come up with better and good ways to targle the issue, with this the life’s of the students are safe.
View moreProgramme: Banking and FinanceDegree: Bachelor'sGraduation: 2026Delivery Type: On CampusCampus: Lagos -
Actuarial Science27 Jun, 2022 StudentThe best course ever!
The program I’m currently studying is a very good and prospective course. The classes have been going on well before the strike started sadly. So I can’t say that I’ve enjoyed the program well.
View moreProgramme: Actuarial ScienceDegree: Bachelor'sGraduation: 2022Delivery Type: BlendedCampus: Lagos -
Accounting25 May, 2022 GloryUniversity of First Choice
Ever wondered why the university of Lagos I called university of first choice? Well it is because it is the Best federal university in Nigeria and also the first from Nigeria in Africa according to educational ratings, not only do their students gets the best education they are also top notch when it comes to lifestyle, fashion and recreational activities.
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2023Delivery Type: Online -
Banking and ...17 May, 2022 OpeyemiNice learning experience
The university of LAGOS learning for me was a game changer as I gained the required knowledge in my field which has further helped me to advance my career. Although, I had some challenges with student accommodation in my second year. Over all, university of LAGOS is a good to study.
View moreProgramme: Banking and FinanceDegree: Bachelor'sGraduation: 2010Delivery Type: On CampusCampus: Lagos
