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University of Birmingham

speciality: Accounting & Finance

4.1

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.

8 Student Reviews

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  • Accounting and ...
    Finance
    Joshua
    A very welcoming uni

    This university is regarded as one of the best in the world. They provide a welcoming environment that enhances the lives of the students because each one of them has a sense of community and a desire to study.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Birmingham
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  • Accounting and ...
    Finance
    Sam
    Good experience

    A wonderful university with a lovely campus.
    I’m a huge fan of UOB! My course is interesting, and the campus is quite pleasant and wide. There aren’t enough study areas, and the library is almost always crowded, but the institution recognizes this and is striving to address it.
    Overall, it is a good university, and the city is not too horrible. Although there are large numbers of Chinese students in some faculties, the majority of them do not actively participate in lecture discussions, which made group work difficult for me.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Delivery Type: Blended
    Campus: Birmingham
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  • Accounting and ...
    Finance
    VIVEK
    University of Birmingham: Accounting and Finance BSc

    The course, on the whole, is well taught, and has the content is balanced between accounting, finance and other similar topics. There is good support from the business school and careers network for extracurricular activities and career opportunities as well. On the other hand, the course and business school both have issues with communication and online teaching, especially during Covid.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Birmingham
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  • Business Enterprise
    Maria
    Amazing lectures highlighting the most important stuff you need to learn

    What I really love about this University is that all the lectures are really engaged with the modules they are teaching us. We have a mixed delivery of lectures, which allows us to think more analytically. I also love the thing that they are not giving all the information on a table, but they are expecting us to do our research and consider all the sides of the subject. What I don t like, is that now, maybe because of brexit, they are struggling with the organisation of the lectures and all the staff. But I really think this is a temporary situation and it will be solved soon.

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    Programme: Business Enterprise
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Birmingham
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  • Accounting and ...
    Finance
    avatar
    Student Review

    It is very specialized for the future career that I’m targeting on with well-schemed modules and it provides various opportunities for career development and diverse experience outside of major studies.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Birmingham
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  • Accounting and ...
    Finance
    Maham
    University Review

    The university is filled with great facilities. The faculty is friendly and helps you with any issues you have. The student life here is great too as there are many people from diverse cultures and backgrounds. The only concern is how we are in one building however the new campus is opening up soon so looking forward to that.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Birmingham
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  • Accounting and ...
    Finance
    Mashal
    University Review

    I have enjoyed my first year at the Univeristy so far. We have about 500-600 students on campus but I think the advantage we have over here in Dubai is the personalized touch we get from professors as we’re not many in one class compared to the 100-200 students in one lecture back in the Birmingham branch. We have the faculty from the Birmingham branch fly over here and teach which is a delight. Also, the environment is pretty chill and very social, you get to meet so many people form different backgrounds. The University facilities are great too.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Birmingham
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  • Accounting and ...
    Finance
    avatar
    Campus life

    Red bricks university and modern facilities. Plenty of extracurricular activities and active student unions. The uni also provides career planning programme and internship opportunities for students.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Campus: Birmingham
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