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The University of Manchester

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.

10 Student Reviews

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  • Financial Management
    avatar
    Positive Remarks from past and present students

    The commitment of the university to cultivating a culture of academic excellence and student well-being is reflected in the positive experiences shared by individuals associated with the institution. Through initiatives aimed at promoting academic success and personal growth, the university demonstrates its dedication to nurturing a supportive and inclusive community for all students. The sense of security and belonging fostered by the institution plays a crucial role in shaping the academic journey and overall satisfaction of students, highlighting the university’s efforts to provide a comprehensive and enriching educational experience.

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    Programme: Financial Management
    Degree: Bachelor's
    Graduation: 2027
    Delivery Type: On Campus
    Campus: Manchester
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  • Accounting and ...
    Finance
    Mara
    Access to Resources

    It’s great that I can access the books, assignments, and syllabus two weeks before the start of the class. I’ve been able to maintain my class lead thanks to this arrangement. I appreciate having free electives because it enables me to enroll in classes in areas of interest like criminology, drawing, and photography.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Blended
    Campus: Manchester
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  • Banking and ...
    Finance
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    The university and the city

    In Finance, the degree is quite difficult and the standards are very high to enter this degree, it is noticeable that the classmates have a high level in this area, also since they study a lot, you want to study too. The professors are quite good, compared to other universities it asks you if you need to change the way you speak or the way you explain the class, all the class content and class recordings are on blackboard, so you don’t have to worry about missing a class or two. The only thing that needs better schedules is a bit of a disaster to have one hour of class in the morning and one in the afternoon, I would like classes in a row, to be able to return home as soon as possible.

    It should also be mentioned that this year the cost of living in the city has increased, the university has realized that and is going to give us a little money to compensate for that.

    I like the atmosphere of the city a lot, especially in Christmas seasons. In the center there is a place with booths where you can buy food and Christmas things, I really like it. Although in these times crime increases and some parts are dangerous.

    It’s hard to find a flat in Manchester, it took me quite a while to find a decent one. You have to be watching all the time, and with at least a few months of alteration.

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    Programme: Banking and Finance
    Degree: Master's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Manchester
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  • Banking and ...
    Finance
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    Accommodation

    The location was good, the accommodation was very close to the university. Located in a green park, I liked it better. It was very basic accommodation. The room was really nice and at the same time had all the amenities

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    Programme: Banking and Finance
    Degree: Bachelor's
    Graduation: 2020
    Delivery Type: Blended
    Campus: Manchester
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  • Accounting and ...
    Finance
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    Missing Lectures

    The program overall is decent, but some lecturers are missed due to some issues, as well as some seminars. They have to improve the performance of the teachers and collaboration in general. Little support on the essays and projects, while the students are friendly and helpful to overcome the difficulties. Hope the next year will be full F2F, looking forward to it.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Manchester
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  • Accounting and ...
    Finance
    avatar
    Program

    The program is great and has a lot of transferable skills. The career service is also great as they help out every step of the way. I think the course can be touched up a bit in terms of having more interactive projects for people who need that type of work to really understand the material.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Manchester
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  • Banking and ...
    Finance
    William
    Excellent University In Every Aspect

    In-depth feedback from lecturers when marking work. This has helped me to really develop my skills as a student. Despite being a big uni, there is lots of staff, so the student-staff ratio is just as with any other uni. UOM has a world-renowned reputation ranking 27th in the world, and 4th in the UK. Love it here

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    Programme: Banking and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Manchester
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  • Business and ...
    Finance
    Manan
    Student life

    The university really emphasises on growing outside the realms of your lectures by providing various opportunities to interact with industry leaders and get involved in projects with them. It also encourages you to step outside your comfort zone by through various initiatives.

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    Programme: Business and Finance
    Degree: Bachelor's
    Graduation: 2021
    Campus: Manchester
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  • Business and ...
    Finance
    Evita
    Great facilities and people

    The Manchester campus is modern and attractive, the buildings and surrounding areas are kept clean and there is constant renovation going on (new buildings being built).There are many social opportunities with hundreds of societies to join and you can find people from all over the world. However, the teaching quality could be improved and more one to one tutor/ progress sessions could be implemented to fully aid the students with difficulties with their degree. The Careers service offers great support as well by organizing lots of events and providing one to one sessions with students. Also my experience from the halls of residence was very good- in my first year I stayed in Denmark Road, one of the newest student residences of the university. Manchester itself as city is extremely vibrant offering something for every linking! I definitely recommend coming here to study!

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    Programme: Business and Finance
    Degree: Bachelor's
    Graduation: 2020
    Campus: Manchester
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  • Accounting and ...
    Finance
    avatar
    Business school is the best in UK

    The professors, student services and everything is really helpful! I would really recommend it to someone planning to study in UK. It has the best business school and social science studies with over 25 Nobel laureates.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2019
    Campus: Manchester
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