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Queen Mary University of London - QMUL
speciality: Accounting & Finance

4.2

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.

10 Student Reviews

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  • Accounting and ...
    Management
    Omshree
    My Journey at Queen Mary University of London

    I wanted to take a time to tell you about my experience studying for my MSc in Management at Queen Mary University of London. It was initially an impulsive choice for me to go straight from earning my Bachelor of Business Administration to starting my Master’s program. But as I’ve been more involved in Queen Mary’s dynamic academic community, I’ve realized how many opportunities are at my disposal. I am really impressed by the university’s commitment to supporting both academic performance and comprehensive personal development. I’ve found that the Careers and Enterprise team’s resources and support have been quite helpful in determining my future course. I’ve been able to clarify my career goals and acquire critical skills for navigating the workplace thanks to their advice and mentoring.
    My educational experience has been especially enriching in that there are a lot of thought-provoking events available. Every event has given me priceless insights and networking chances, from taking part in Q hack to networking events. In addition to broadening my knowledge, these experiences have given me insights and useful abilities that I think will be helpful in my future activities.

    All in all, my experience at Queen Mary University of London has changed me, and I am appreciative of the chances it has given me to advance intellectually, professionally, and personally. The voyage ahead and the possibility of more research and discovery among the vibrant academic community at the institution inspire me.

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    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: London
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  • Accounting and ...
    Finance
    avatar
    My experience at Queen Mary

    My experience at Queen Mary has been underwhelming, to say the least. It is a decent facility that gives you a pretty basic education. It’s not a bad institution, I just personally think I want more out of the University experience than the blandness of it all.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: London
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  • Accounting and ...
    Finance
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    My experience at Queen Mary

    I have attended Queen Mary for a couple of months and so far I can say I have had a very welcoming experience.

    Coming into university, I wasn’t too sure what I wanted to study or really what I wanted to do at Queen Mary, I was able to switch my courses around, and experience taking different classes before settling upon Accounting and Finance. As someone who was torn between what to study, having that opportunity and guidance really helped me make the best and most informed decision.

    I am giving Queen Mary a 4/5 because I am still fairly new and in my first year, which most people say is a lot better and easier than the second year. By the end of my second year, I will be more able to give a much more accurate encapsulation of the holistic university experience and QMUL may gain the final star.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: London
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  • Accounting and ...
    Management
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    Life at university

    Overall teachers are so good. They are very helpfull. Overall the programs offered are very well explained and knowledgeable. Teachers are very much qualified and helps you alot in your studies. Moreover libraries and rest of the cafe and IT labs are very well maintained. And easily accessible to all. I will highly recommend this university.

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    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: London
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  • Accounting and ...
    Management
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    Amazing student support services

    This programme did not only help me learn what I required to know to get into the accounting industry but it also provided me with the tools and assistance in ensuring my mental well-being was looked after as university can be a stressful time for many.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: London
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  • Accounting and ...
    Management
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    Top university

    Queen Mary is a very good university with good professors, decent facilities and in between two of the biggest economic hubs of the world. Friendships created at this university, I’d say, are friends that you will have to the rest of your life.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2020
    Campus: London
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  • Accounting and ...
    Management
    avatar
    Education

    The uni is very good. Its education system is perfect because it is done through real case studies. That enables me to turn theories I have learned from school into practice. Also, the instructors are also helpful, experienced and knowledgeable.

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    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Accounting and ...
    Management
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    The affect of strike

    The right of students is not really protected from strike. We spent £25000 a year to study but ar least 4-5 weeks of this year is striking. We are not able to acquire the study we paid for and we are not being refund.

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    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Accounting
    avatar
    Library

    Library has accessible facilities. The lecture rooms are spacious and recordings help with exam revision. Lecturers are always willing to help and respond quick to emails and try to guide us to get the best grade possible.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2021
    Campus: London
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  • Accounting and ...
    Finance
    Zhansaya
    Overall, Queen Mary University is a good option to study in London

    This university has a very comfortable and big campus, it is equipped modernly. It is very convenient to have all the lectures in the same place. Although there are some gaps between the classes daily and some of them are in the evening, i like my university.

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    Programme: Accounting and Finance
    Degree: Master's
    Graduation: 2020
    Campus: London
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