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Aston University

speciality: Accounting & Finance

3.7

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 ...
    Finance
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    Help team

    This university isn’t the kindest and talks to their students very degrading. The professors and team don’t try to empathise with their students and priortise their money. They are good at teaching and the quality of education is good

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Birmingham
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  • Accounting and ...
    Finance
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    Review from an Accounting Perspective

    I have now spent 3 years at Aston Univeristy, the first being remote, as the pandemic was still very relevant, my second year was more on campus and the prior year was in London due to my work placement.
    In terms of actual studying in regards to my degree which is Accounting and Finance – I would say that the experience has been very good, the modules included gel very well with the ICAEW exemptions and in specifc the Careers in Accounting module was very helpful in getting me ready for my work placement year in a corporate setting.
    The teaching staff is very kind and understanding, in sepcific, the teacher for the tax module was very informative in her manner of teaching.
    In terms of bad things, I would say, that some of the tasks required to be done for the placement year, seemed quite redundant and unnecessary, specifc module teachers were not that informative.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Birmingham
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  • Accounting and ...
    Finance
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    An array of amazing facilities!

    As a student who is living on campus pre-and post Covid restrictions I have found my experience to have exceeded all expectations. The on campus accommodation was close to supermarkets and offered amazing scenery. What I found to be the biggest challenge, feeling alone, was very quickly diminished as Aston members of staff stayed interactive during online lectures and seminars and offered lots of mental health services and call ups regularly. Post restrictions I was so excited to have a dive into the many facilities. The library was a staple part of my day where I was able to use the computers and print for free. It also gave me a chance to become active again as I brought a membership to the university gym which also has a swimming pool and gave me a chance to join the Islamic society and the cricket club. The student union was a place to meet new people and bond through pool, and listen to music on the speakers and speak in the many booths. The student union offered a prayer space, a halal food court and Astons very own shop to purchase food and drink as well as a starbucks to keep me awake during the day! The main building Is so modern and offers many rooms which can be booked to study and having a person tutor was very helpful when unsure on study and non study related topics. The location of the university is perfect being only a 5 minute walk from Moor Street station and 15 from New street station. The bullring is great for shopping and exploring new cuisines and meeting other students.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Blended
    Campus: Birmingham
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