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University of Nottingham - UoN

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.

6 Student Reviews

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  • Finance, Accounting ...
    and Management
    avatar
    Good teachers but bad staff service experience

    The British and female Chinese teachers and staff are very nice.💗Other than that some Malaysian teachers and staffs are very not helpful and friendly. Not replying emails and not providing enough informations for new and international students.

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    Programme: Finance, Accounting and Management
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Semenyih
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  • Finance, Accounting ...
    and Management
    avatar
    The diverse community

    The staff are very friendly and are always read to help. If they are not available, you can still reach out to the via email and they will respond as soon as possible. For my course, Finance Accounting and Management, they were students from different cultural backgrounds, beliefs and it was really fun getting to know them through lectures, or small group seminars. The business school campus is beautiful, with peaceful places to sit around the lakeside. They have a number of libraries available as well.

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    Programme: Finance, Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Nottingham
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  • Accounting and ...
    Finance
    avatar
    Life studying at UoN

    Overall, the facilities in my course (business school) are really modern and excellent. Lecture rooms have easy access to charging ports for laptops, but it’s a shame that the tutorial rooms aren’t really accessible and some plugs in the café, etc. don’t work.The course structure (accounting and finance) is Excellent. The Student unionhas good dining options and plenty of shops, but the nightlife inside the Student union isn’t great and it’s pretty cramped.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: Blended
    Campus: Nottingham
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  • Accounting and ...
    Finance
    Imad
    Student Life

    In my opinion, this university has a really good student life, the Student Association is well equipped with staff and equipment. They have recently renovated the Sports Complex which includes two gyms, a multipurpose court as well as four outdoor basketball courts. For those students who are interested in other activities such as rock climbing, archery, charity work etc, the students association have clubs and societies of all sorts.

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    Programme: Accounting and Finance
    Degree: Bachelor's
    Graduation: 2022
    Campus: Semenyih
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  • Finance and ...
    Investment Management
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    Notts review

    I had a great experience. Just need to improve on student life for MSc students. All else good. Accommodation was good. Nottingham itself as a city is great. I am looking forward to visiting my university again in the near future.

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    Programme: Finance and Investment Management
    Degree: Master's
    Graduation: 2019
    Campus: Nottingham
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  • Finance, Accounting ...
    and Management
    avatar
    Great community feeling and amazing city!

    I have thoroughly enjoyed my time at this uni so far! The course is interesting and there is a wide range of opportunities to get involved in extracurricular activities.

    The city is amazing for students full of great shopping areas and plenty of clubs!

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    Programme: Finance, Accounting and Management
    Graduation: 2019
    Campus: Nottingham
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