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Abia State University Uturu - ABSU

speciality: Accounting & Finance

5.0

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.

1 Student Reviews

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  • Accounting and ...
    Auditing
    Ifeanyi
    "Lifelong Lessons: My ASUU Story"

    Lifelong Lessons: My ASUU Story

    Embarking on my educational journey at Abia State University Uturu (ASUU) was more than just a pursuit of academic excellence; it was a transformative experience that left an indelible mark on my life. As a graduate of the class of 2010 with a Bachelor’s degree in Accounting, my time at ASUU was filled with valuable lessons, personal growth, and cherished memories.

    ASUU provided me with a nurturing environment where I had the opportunity to not only expand my knowledge but also discover my passions and strengths. The academic programs offered were rigorous and comprehensive, laying a solid foundation in accounting principles and preparing me for the challenges of the professional world. The dedicated faculty members at ASUU were instrumental in my academic journey, providing guidance, support, and mentorship every step of the way.

    Beyond the classroom, ASUU offered a vibrant campus life filled with opportunities for personal development and enrichment. Engaging in extracurricular activities, participating in community service initiatives, and connecting with fellow students from diverse backgrounds enriched my college experience and broadened my horizons. These experiences instilled in me a sense of social responsibility, leadership, and cultural appreciation that I carry with me to this day.

    However, like any educational institution, ASUU was not without its challenges. Limited resources in certain departments and occasional administrative inefficiencies presented obstacles along the way. Yet, it was through overcoming these challenges that I learned the importance of perseverance, resilience, and adaptability—qualities that have served me well in both my personal and professional life.

    Reflecting on my ASUU journey, I am filled with gratitude for the invaluable lessons learned and the lifelong friendships forged. ASUU not only equipped me with the knowledge and skills needed to succeed in my chosen field but also instilled in me the values of integrity, diligence, and continuous learning. My time at ASUU was more than just an academic experience; it was a journey of self-discovery, growth, and empowerment.

    Would I recommend ASUU to others? Without hesitation. ASUU has a long-standing reputation for academic excellence, a supportive community, and a commitment to holistic education. It is a place where dreams are nurtured, horizons are expanded, and lifelong connections are made. As I embark on the next chapter of my life, I carry with me the cherished memories and invaluable lessons learned from my ASUU story, knowing that they will continue to guide and inspire me in all my future endeavors.

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    Programme: Accounting and Auditing
    Degree: Bachelor's
    Graduation: 2010
    Delivery Type: On Campus
    Campus: Uturu
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