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Northumbria University
speciality: Accounting & Finance

3.9

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.

8 Student Reviews

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  • Accounting and ...
    Business Finance
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    My thoughts

    Northumbria University is without a doubt one of the UK’s more affordable universities. I am pursuing my master’s degree here, and each time, I learn more. Any questions I have about the academic aspect are always answered by the student support team. The library offers a vast array of resources. The university is located in a student neighbourhood where numerous cultural groups coexist together. It helps me gain knowledge and experience. Everything is good, but some of the lecturers really extend the time spent in class studying. While I have no doubts about their credentials and expertise, it would be helpful if they could condense it for us so that we could learn more. Students might choose to purchase this University for study in the end.

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    Programme: Accounting and Business Finance
    Degree: Master's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Newcastle
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  • International Financial ...
    Management
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    I like everything except

    Hey there! Being a Master’s student here is such an exciting journey. I’m constantly learning and expanding my knowledge and skills. The best part is that whenever I have any academic questions, the student support team is always there to lend a hand. They’re super dedicated and helpful. And let me tell you about the library—it’s massive! So many resources at my fingertips, which is a game-changer for my studies. Overall, my experience has been really positive, but there’s just one little thing. Some of the teachers tend to make the class sessions go on for a bit too long. Now, don’t get me wrong, they’re highly qualified and knowledgeable. But it would be great if they could keep the lessons more concise. I think it would help us learn even better.

    All in all, if you’re looking for a university that offers a supportive environment for research and academic pursuits, Northumbria University is definitely a top choice. It ticks all the boxes and provides a fantastic setting for your educational journey.

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    Programme: International Financial Management
    Degree: Master's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Newcastle
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  • Business and ...
    Finance
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    Overall quality

    To be very frank, I love Northumbria University and this is because of it’s huge number of facilities. Like: huge number of library resources, 24/7 student support team, multi faith room, career counseling team, and others. The low tution fee and huge number of courses can help any student to take admission in Northumbria University easily. If the library resources are updated more then it would be a lot more better. I seriously recommend it.

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    Programme: Business and Finance
    Degree: PhD
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Newcastle
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  • Accounting and ...
    Business Finance
    avatar
    Excellent world of learning

    Northumbria University has fulfilled my learning needs. I feel like my professionalism is increasing day by day because of incredible teachers. I always take the help from student support team if I don’t get any help from anywhere. Even, this team helps me regarding my academic work. I have made many international friends here and this is possible because of Northumbria University’s multicultural diversity characteristic. Students who seek to have Lower tuition fee can easily study here and this is the best thing about Northumbria University. I want to say to my fellow students to study here.

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    Programme: Accounting and Business Finance
    Degree: Master's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Newcastle
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  • Accounting and ...
    Business Finance
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    Best place for students

    My experience in Northumbria University is superb. First of all its outstanding faculty members with professional behavior can satisfy the learning needs of thousands of students around the world. Also, the best location of Northumbria University can help students to meet with driver cultural groups and this helps them to grow their network and experience more. At the same time, Northumbria University offers low tution fee compared to others in the UK. If someone asks me about downside, then I expect to have large campus size as thousands of students altogether are taking the tution in the smaller place. Overall, I suggest to my friends and other scholars to join Northumbria University.

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    Programme: Accounting and Business Finance
    Degree: Master's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Newcastle
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  • Accounting and ...
    Business Finance
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    Quality of teaching and campus life

    For me Northumbria University has been one of the great places to learn. Overall I am satisfied with study in here. The open communication between teachers and students is very amazing. Teachers are helpful and always kind to the students. I like their teaching style, although some of the teachers make their teaching style very complicated for students. I think these teachers especially the finance department needs some training for teaching students. The most good side about Northumbria University is that it’s location in the center of the London, although Northumbria University has the main campus in Newcastle. Because of its location in the center of the city, I can meet a huge number of cultural group from different nations which is a great chance to increase my knowledge and network of communication. I like the career support club of Northumbria University and because of this club I have been able to prepare my CV well for Job market. Besides, this club helped me to look for the internship in UK’S leading companies. Overall, I want to recommend this University to my friends and other people. Good luck.

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    Programme: Accounting and Business Finance
    Degree: Master's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Newcastle
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  • Accounting and ...
    Business Finance
    avatar
    Teaching quality and Campus

    My overall opinion is average about Northumbria University. I am not fully satisfied with the lecture delivery style of tutors as most of the teachers fail to make the lessons easier for the students. However, there are some teachers who makes their lectures and lessons very much understandable and easier for students. I like the career club of Northumbria University as this club helps the students to be prepared for real life jobs after graduation. Besides, I like the 24/7 student support center which helps students with academic and non-academic related supports properly. The campus size is big and it makes students more enjoyable. There are many students from different nations and this becomes for the opportunity for a student to learn from other cultures. The thing which I dislike most is those teachers who fail to make make their teaching easily for all. I think this should be improved. If I have to recommend it to others, I would say it is good place to learn something new and being prepared for the future.

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    Programme: Accounting and Business Finance
    Degree: Master's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Newcastle
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  • Accounting and ...
    Business Finance
    avatar
    Modules

    Some enjoyable and interesting modules. My favourite modules were the Human Resources management and managing people at work as I could easily relate to them in real life perspective due to my experiences.

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    Programme: Accounting and Business Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: Blended
    Campus: Newcastle
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