University of Liverpool - UOL
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.
2 Student Reviews
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Accounting and ...28 Nov, 2022
MonirBDBusiness Management BA (Hons)The city is fantastic, the big life, culture and people make it a very welcoming and made me feel instantly at home. The campus is great and easy to navigate. However, to improve the student support needs to be so much better, it is very hard to get ahold of the right people which makes students like myself try go through situations by themselves as it feels like the university doesn’t care. But when you do get ahold of them they can help but the task to get them is too difficult.
View moreProgramme: Accounting and ManagementDegree: Master'sGraduation: 2022Delivery Type: On CampusCampus: Liverpool -
Accounting and ...17 Jun, 2020 StudentValuable Teaching
Hello, I am a 3rd-year Finance and Accounting International student at the University of Liverpool. Currently, doing a placement year at a prestigious accounting firm.
University experience: It was a great start to my career as UoL is one of the top-ranked Russell group universities in the UK. Firstly, as it was an undergraduate course there were not many international students for this course. Although, Professors and other peers helped me felt like a home and this boosted me in my studies. Professors are very experienced when it comes to explaining and sharing knowledge.
They always guided me in learning new topics and encouraged me to attend many events that helped me in networking with people in the accounting field.Universities facilities: Library timings vary accordingly but you have a wide range of materials available to study and research. Staff are very helpful in terms of guiding within library activities.
University Guild- The student union is a great organisation in solving issues raised by students and not only that they always organise events according to everyone’s priority. We have many societies like Indian society, Language society, Vegan society and many more.
They always organise socials and events accordingly.Accommodation: University accommodation is quite expensive and there are other accommodation providers who provide for a lower rate and it is quite far from the University’s location.
Career services: We all had training sessions on how to make a CV, Interview questions and Mock Interviews to make us prepared for the Placement year process. This helped me a lot to practice before my placement interview.
Overall it was a great experience and the University offers a lot for international students.
View moreProgramme: Accounting and ManagementDegree: Bachelor'sGraduation: 2021Campus: Liverpool
