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Varsity College

speciality: Accounting & Finance

4.0

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.

7 Student Reviews

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  • BCom
    avatar
    The service overall

    The school is not so bad it’s just a few minor things that need to be fixed with regards to the customer care service it’s a bit slow and they take time to respond to queries but overall it’s a good school and I would recommend it to other students.

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    Programme: BCom
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Cape Town
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    3 months ago
    Sahl
    Sahl
    Intending to start at vc -is it worth it? Iv seen some concerning reviews so I just wanted to know I did do 1 year at a public university and really struggled so I'm interested in changing but also concerned considering the high fees! Will appreciate advice
  • BCom
    avatar
    Campus

    One of the most scariest experience as a student after Covid and everything, one can be very scared of interacting with others. But varsity college makes it so much easier to communicate and engage with people as the environment of the campus is very welcoming and warm. The lecturers and school staff are very welcoming. They make you feel at home and comfortable.

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    Programme: BCom
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: Blended
    Campus: Cape Town
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  • BCom
    avatar
    It’s very interesting

    Well the school has very good and passionate lecturers they are very kind and friendly and take a lot of pride in their work which is shown through the results the students produce. One think I could say I dislike is lack of communication

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    Programme: BCom
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Cape Town
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  • BCom
    avatar
    Bcom

    It is an interesting program, but the communication is bad from lecturers, and the school system as a whole. The school is in a good location, it is hard to get help around the campus and the student advisors just sell you a dream.

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    Programme: BCom
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Cape Town
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    11 months ago
    Saeed
    Saeed
    Can i ask by what do you mean when you say that student advisors sell you a dream?
  • Financial Management
    avatar
    Excellent education, worst admin staff I've ever come across.

    The education and individual attention was very effective and made an immense difference. Varsity College excels in its academics, however, the administrative staff are pathetically disgusting.
    I had almost been in a situation of being pushed back an entire year of my degree due to a lazy incompetent and lifeless staff member in student services who could not assist me with a technical error on the varsity’s behalf until I had to unfortunately call my parents in and magically it was sorted out in a matter of 2 minutes. Furthermore, it is almost close to impossible to liaise with anyone over the phone at varsity college, they will not be bothered until you physically have to go on to the premises.

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    Programme: Financial Management
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Cape Town
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  • Financial Management
    avatar
    Private Universities in SA remain the most stable and safest choice.

    Varsity College is in my view a good university to step into studies for the first time. You are dispatched in classes of 25-30 students where it is easy for a student to ask questions and explain his arguments. The education level is decent and the degree I did was very challenging. Varsity is very accessible even if English is not your first language.

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    Programme: Financial Management
    Degree: Bachelor's
    Graduation: 2019
    Campus: Cape Town
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  • Financial Management
    Romain
    Varsity College is stable and reliable

    Varsity College is a private South African institution that offers various programmes, degrees, and diplomas. They provide studies into many different fields such as art, law, education, and management. Varsity College currently holds a stability advantage compared to public institutions that have been a little bit disturbed the last years due to several protests and degradation of premises.
    I really encouraged people who want to pursue commerce/management studies to register themselves at Varsity. It will be even more helpful to the non-english speaking student to improve their language skills in restricted classes of 20-30 students. Finally, thanks to the partnership with the IIE, students from Varsity College, that are graduated with BCom studies, will have the opportunity to apply for a postgraduate in every UK universities that are affiliated to Open University UK.

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    Programme: Financial Management
    Degree: Bachelor's
    Graduation: 2019
    Campus: Cape Town
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