Makerere University Business School
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.
3 Student Reviews
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Accounting and ...6 months ago
NamalikeUGBalancing Academics, Networking and Student LifeStudying at Makerere University Business School (MUBS) has been a transformative experience for me as an economics finalist student. The university offers a wide range of programs in business that are practical and industry oriented. I particularly appreciated the exposure to experienced lecturers, PHD holders, who bring real world insights into the lecture rooms as well as the many opportunities for networking through clubs, associations and students dialogues and other activities.
One of the things I liked most about MUBS is its vibrant and dynamic campus life. There is always something happening and you just have to choose where you want to be, from academic workshops, to cultural galas and other extracurricular activities that keep students engaged beyond lecture rooms.
However like many large institutions, MUBS does face a big challenge of over crowded classes. The students enrolled per year are more than what the classrooms can contain so they resorted to splitting different class years into online weeks and physical weeks where some students in particular years study online for some weeks while others are at campus for physical lectures and vice versus.
Over all, I believe MUBS prepares students well for the professional world through internships and encourages independent thinking, creativity and resilience. I would recommend it to anyone looking for a business education in Uganda especially for those who want to combine academic growth with personal development.
View moreProgramme: Accounting and EconomicsDegree: Bachelor'sGraduation: 2027Delivery Type: BlendedCampus: Kampala -
Accounting and ...02 Jan, 2025
StudentUGInspirationalI recommend it because it’s educational and inspirational. U make alot of friends and many talents are enhanced and valued.The students aren’t segregated and regarded the same .Morals and values are also installed
View moreProgramme: Accounting and FinanceDegree: Short CourseGraduation: 2028Delivery Type: On CampusCampus: Kampala -
Accounting and ...18 Jan, 2024 NancyUGwell accredited university
The university has a strong reputation and is accredited by relevant professional bodies, ensuring the quality of education and programs offered. MUBS also has qualified faculty and access to study resources like the library and computer labs. sometimes the administrative processes are slow or inefficient, which can be frustrating at times. The university is affordable but even with the school’s reputable faculty members, it is often that the teaching quality is not consistent across different programs and courses.
View moreProgramme: Accounting and FinanceDegree: Bachelor'sGraduation: 2024Delivery Type: On CampusCampus: Kampala
