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London School of Economics and Political Science - LSE
speciality: Accounting & Finance

3.8

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.

26 Student Reviews

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  • Accounting and ...
    Finance
    avatar
    a wonderful experience in LSE

    I think LSE quite satisfies my imagination of a leading university in the world, it is international, highly diversified( I haven’t met so many students who are from different countries once at a time) rigorous but also full of freedom. The campus is quite small but it is located in one of the most vibrant and lively places of london. LSE IS AWESOME!

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    Programme: Accounting and Finance
    Degree: Master's
    Graduation: 2019
    Campus: London
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  • Accounting and ...
    Finance
    卿硕
    The quality of teacher, some services or extra resources provided by LSE

    __The quality of the teacher in LSE is very good, all the teachers are professional. Although some of they have accent, if you listen to them carefully, it won’t be a matter. What’s more, some lecturers also connect the recent news with the knowledge we have learned. In my opinion, the best things that LSE does is it provides us with the recording of every lecture, which means we can see the recordings if we cannot go the lecture because of the personal emergency. And also, LSE provides us with some extra resources. For example, in LSE life, if we have some trouble in writing essays, we can book a one to one session. LSE life also provide some small lectures for students to perform better in their study life. If we have trouble in understanding the lecture, we can book the lecturers’ or class teachers’ office hour to have a one to one help session. Moreover, the library of LSE provides us with a wonderful environment for students to studying, searching for resources. The IT department provide services to students if they have some troubles with their computer. The location of LSE is the best in London, you can find whatever you want around this university. Transportation is also convenient. Near the holborn underground station and many bus station.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Campus: London
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  • Accounting and ...
    Finance
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    Uni

    It’s a great school! I’ve enjoyed the life here since I entered the school. I cam choose the course I’m interested in not only from my major, but also from a range of other subjescts. I have also participated in several fun societies.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Campus: London
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  • Accounting and ...
    Finance
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    A Life Changing Experience

    LSE is an amazing experience. It transformed me into a different, more mature individual and taught me lessons that would be beneficial throughout my career. I would definitely recommend the use of LSE’s library and its facilities in particular due to the immense help

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    Programme: Accounting and Finance
    Degree: Master's
    Graduation: 2019
    Campus: London
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  • Accounting and ...
    Finance
    avatar
    Campus life

    Campus life is different at LSE compared to a campus university. Living in central London, there is a lot to learn, especially how to hustle and survive busy city life. However, the LSE campus has everything required by a student: a library that meets every student’s requirement, a student service center and a wellbeing center for any issue a student has and a faculty that can solve any academic issue that students are going through.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Campus: London
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  • Accounting and ...
    Finance
    Nas
    Great Environment

    It’s a great environment, an amazing library and a good location to be a student. You can’t really complain.

    It’s motivating to be a student here as you feel looked after by the staff and it’s very friendly.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Online
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  • Accounting and ...
    Finance
    avatar
    Amazing people with thriving environment

    LSE is a really career-focused university with really competent people residing in it. With constant networking sessions or career fairs or companies giving talks or external speakers invited to either give lectures or talks, you will definitely get an insight on any financial industry you want to work in next time.

    LSE will entail a lot of self studying but at the same time, more than sufficient guidance will be provided, either in the form of peer-to-peer sessions, academic support or drop-in sessions with lecturers. In a way, it really prepares you for the real life environment where you will have to be self-motivated to thrive.

    I really like this university as you will really get to meet people of different nationalities and backgrounds, but at the same time have somewhat a common goal. To be successful. But really putting in the work and effort in, with the never-ending pressure to apply for spring weeks or summer internships or joining a society that is work-related. Along with, the networks that you would be able to build up and the pressure to always continue improving.

    I would recommend LSE if you’re really looking to succeed in the financial industry and willing to put in the work for it.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Campus: London
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  • Accounting and ...
    Finance
    avatar
    recommend

    Generally, courses are well prepared and the content is clearly explained. We can find the video recordings on Moodle to review courses and teachers have their available office hours published so that we can see them and discuss questions. __ But what I really appreciate is the service that LSE provides. Staffs in the career center and language center are very nice and helpful. I have booked several appointments with them to talk about my essays and career interests and I am always satisfied. Besides, we can also find useful resources on their website, such as how to write a good CV and how to improve language skill. To sum up, I will highly recommend it to my friends.

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    Programme: Accounting and Finance
    Degree: Master's
    Campus: London
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  • Accounting and ...
    Finance
    Xiaohe
    Great location and abundant sources of study

    The campus is located in the center of London. It is convenient for students to experience the city while studying.

    The university provides very useful facilities and students have lots of space either for individual study or group discussions. Various study resources are also easily accessible.

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    Programme: Accounting and Finance
    Degree: Master's
    Graduation: 2019
    Campus: London
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  • Accounting and ...
    Finance
    avatar
    Overall good, but can be better.

    The campus is small and compact, easy to access, while the library is too small for a bookish society. Teachers are friendly and knowledgeable, but some of them are poor at teaching and making things easy to understand. IT service is poor, with slow computers and multiple intranets. Accommodations are affordable and nice. Students are all perfect and kind of hard to approach. Peer pressure is severe.

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    Programme: Accounting and Finance
    Degree: Master's
    Graduation: 2019
    Campus: London
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