University of Memphis
speciality:
Accounting & Finance
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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Accounting30 May, 2024
StudentUSWell-kept and comfortable campusThe University of Memphis is a fantastic school that offers lots of great programs for students to choose from, like business and music. The campus is well-kept and comfortable for learning and making new friends. The teachers are really good, too! The student body is diverse, which means students get to learn from lots of different people. There are also lots of clubs to join. Overall, the University of Memphis is a good choice for students who want to learn and grow in a friendly environment.
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2025Delivery Type: On CampusCampus: Memphis, Tennessee -
Accounting30 May, 2024 StudentUSFantastic community
The university is an ideal place to be. Everything is conveniently located, whether it’s on campus or off. The community is fantastic, and the campus is stunningly beautiful, with friendly and supportive faculty. The facilities are modern and clean, which makes studying and living here a pleasure. I couldn’t be happier with my choice to attend this university
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2025Delivery Type: On CampusCampus: Memphis, Tennessee -
Accounting29 May, 2024 StudentUSRich campus life
As a student at the University of Memphis, I’ve been truly blessed with the incredible opportunities and connections I’ve made. From the passionate professors to the diverse student body, every day is a new chance to learn, grow, and explore my interests. The university has offered me a well-rounded education, with ample opportunities to engage in extracurricular activities and find my niche. The welcoming community, rich campus life, and quality academics make the University of Memphis an excellent choice for anyone looking for a rewarding college experience.
View moreProgramme: AccountingDegree: Bachelor'sGraduation: 2025Delivery Type: On CampusCampus: Memphis, Tennessee
