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University of York

speciality: Accounting & Finance

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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.

3 Student Reviews

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  • Accounting and ...
    Business Finance
    avatar
    Bad University

    Wish I hadn’t gone, crap place in the world, bad people, bad racist university staff, bad course, bad organisation. The whole thing was a waste of time. I got my 2:1 in Accounting (ABFM) without going to a lecture, and then threw it straight in the bin.

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    Programme: Accounting and Business Finance
    Degree: Bachelor's
    Graduation: 2017
    Delivery Type: On Campus
    Campus: York
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  • Finance, Accounting ...
    and Management
    avatar
    Opinion on ABFM

    I feel very honoured to study at the University of York, as it is a Russell Group institution and the management school is prestigious. I enjoy the different modules associated with my course because there is a variety in the different content that is covered throughout the year. However, I do feel that in some of the modules the way that the content is taught could be improved upon as the interest in the course for students like myself can feel like it can be reduced. Therefore, if the lecturers were more passionate and enthusiastic in the way they teach certain modules, this would improve the overall experience. My career prospects are bright as I feel that by being able to go to a prestigious institution after graduating and applying for jobs could give me an extra advantage when employers are considering my application for a particular job because I have studied at one of the top universities in the UK.

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    Programme: Finance, Accounting and Management
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: York
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  • Finance, Accounting ...
    and Management
    avatar
    Poor organisation, communication and consistency

    Since the start of my course, it’s been nothing but chaos and stress. Granted, we started during the pandemic which made things difficult for everyone however I know some friends that attend other universities that had a much more pleasant experience. I was hoping things would massively improve when I started my second year due to the lockdown lifting and in-person classes being re-introduced, however, that wasn’t the case. Lecturers didn’t respond to emails or if they did, questions and feelings were disregarded. Lessons were uploaded late which affected working schedules, mock exams were cancelled, we were given false promises, lecture slides were poorly displayed making them hard to follow, and when asking for more support we were told ‘it’s our own problem if we don’t understand by this point’… On a positive note, our careers advisor and placements officers went above and beyond for us in regard to mentally supporting and guiding us through. They took time out of their own lives to check up on many of us on the course, they sent over resources that may help with our worries and helped us raise our concerns to the right people so we were properly heard. It felt like since the pandemic, people (lectures) thought it was acceptable to use ‘lockdown circumstances’ as an excuse for executing themselves poorly and putting in minimum efforts.

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    Programme: Finance, Accounting and Management
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: York
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