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Royal Holloway - RHUL

speciality: Accounting & Finance

4.0

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 ...
    Finance
    avatar
    RHUL IS THE BEST

    Not gonna lie, at first I was nervous because it was a new place, with new people and I did not know any of them. But at the same time, I was excited because I had the opportunity to meet new people. When I came here and started meeting everyone I could see that I was not the only one feeling this way. Everyone in my flat was just as excited as me. We had the same fears and the same emotions controlling our brains – “Will I make new friends? Will I survive on my own?” And the answer is YES. The first night when I met everyone in my accommodation was one of the most exciting nights. That is the time when you meet everyone and decide which one of them you like the most. But even if you miss the first “social” night, do not worry, I met my best friend in university on the next day over a cup of tea. Overall do not worry, here you will find the right people for you.
    The lecturers are extremely helpful. They know that they are there to teach you and are ready to help us with everything you need, you only have to ask them for help. One of my lecturers gave me her personal phone number and told me to call her if I need help, and when I did she explained to me everything in a way I could understand it perfectly.
    The university has a big variety of resources in the library and along with subscriptions to different websites that you will be able to use for your assignments. In the library, you can book a group study and work with your friends.
    Along with that if you want to work while studying our careers center is there to help you during your whole application process. They can help you with your CV, Cover letter, all types of interview and psychometric tests. Just like the lecturers, they are here to help you.
    One of the main reasons for choosing this university was the location, my mum wanted it to be close to London but not in London and Royal Holloway gave her exactly what she wanted. Egham is a very calm and town close to Windsor and Virginia waters.
    Overall I love my time at this university. I can say that all of my hard work was worth it and I am extremely proud to be part of the RHUL family. It gives me a lot of opportunities to join different societies, sports teams and learn different skills that I can use for my CV. The people here are amazing, everyone is really helpful and friendly. Here I managed to meet some of the best people in my life and I am really happy to be with them every day. Everyday we are doing something different and one of our favorite activities is spending time together in the events organised by the university, going to karaoke and quiz nights in the pubs or just drinking tea together. Everything here is awesome and you will not regret your decision if you choose this university.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Campus: London
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  • Accounting
    avatar
    Not in London

    You will get a really good education from experienced and diverse teaching staff – albeit content predominantly about the west. Not too far from London but far enough to keep you focused. There is Staines and Windsor nearby if you need a breather from the small town of Egham. I kinda felt the international community wasn’t that versatile especially if you aren’t from Europe, you stand out like a sore thumb. Activities are the easiest and best way to find a home and meet your people.

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    Programme: Accounting
    Degree: Bachelor's
    Graduation: 2018
    Campus: London
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