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University of Warwick

speciality: Accounting & Finance

4.3

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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  • Banking
    avatar
    Equipped Laboratory

    The University’s laboratory is equipped with all the essential resources for effective learning and practical training. I have been fortunate to work with equipment that I was not previously familiar with and have received exceptional supervision on utilizing and managing these tools. This experience has been pivotal in advancing my professional development, and I am confident that I will be well-equipped to enter the workforce upon completing my studies.

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    Programme: Banking
    Degree: Bachelor's
    Graduation: 2027
    Delivery Type: On Campus
    Campus: Coventry
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  • Accounting and ...
    Finance
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    Lifetime experience

    Met students from all around the world and helped me to broaden my perspective and make friends for life.
    The campus is amazing, with lots of areas to explore with a lake walk to the arts centre (which hosts great shows)

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: Blended
    Campus: Coventry
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  • Business and ...
    Finance
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    Great facilities

    I have had such a great experience at this university, and I thoroughly enjoyed my course. The faculties were great and really supported our learning. They had state-of-the art computers, and the library was full of resources that any of us could use.

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    Programme: Business and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Coventry
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  • Accounting and ...
    Finance
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    Accounting and Finance BSc at the University of Warwick

    I think the course is very intellectually stimulating! I love the diverse range of modules both in terms of required and optional modules. The majority of the professors are fantastic and really helpful with any queries or questions related to the course modules during office hours and generally through the cohort forums. I have particularly enjoyed Business Law and feel that it matched my skillset quite closely. Overall, thoroughly enjoyed the course and would highly recommend it to any prospective applicants!

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Coventry
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  • Accounting and ...
    Finance
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    Group Projects and Online Lecture Facility

    Really liked online lecture facility, really helped me throughout the year. Group projects can be avoided since I do not like that my grade is based on someone else’s work especially in second and third year.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Campus: Coventry
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  • Accounting and ...
    Finance
    Parth
    Life at WBS

    A target university for major Employers worldwide with an immense student life and facilities. The university staff is super friendly and easy to communicate. The campus is easily accessible with 24/7 study centres for late-night grind. On-campus cafes and bars are perfect spot for a break.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Campus: Coventry
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  • Business and ...
    Finance
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    Opportunistic

    The University offers great opportunities for getting involved in extracurricular activities, especially leadership roles and sports. There are a wide range of campus jobs and ambassador roles on offer and an extremely high number of established societies to be a part of, both as a member and an executive. Career prospects too are extremely lucrative and a dedicated careers team provides great support.

    On the whole, with excellent campus facilities and developments prospects, the university offers a great academic experience. However, the location could be a downside for some.

    Definitely recommend this place for prospective students.

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    Programme: Business and Finance
    Degree: Bachelor's
    Graduation: 2021
    Campus: Coventry
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  • Financial Management
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    Very modern facilities in a beautiful countryside

    Uni of Warwick is a good place to study in!!! The teachers are generally very responsible and the teaching quality is very good. Students here work hard so be prepared for a certain level of competition. WBS not only focuses on knowledge but also on skills training for students. Teamwork ability is very important here. If you don’t have that, the uni will build it in you.
    There are not many places to hang out and visit near the uni, only countryside, so you have few temptations. Food is ok, but not very good. Generally you will live in beautiful countryside but using very modern facilities and database with high-quality teachers and hard-working classmates here!

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    Programme: Financial Management
    Graduation: 2018
    Campus: Coventry
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