Accounting and finance involves learning and understanding mathematical approaches in the accounting and finance sector. A degree programme will usually include accounting practices, such as tax, corporate finance and legal requirements, as well as understanding finance in business and e-commerce.
Ready to find Accounting courses? Pick your desired level below:
A BA Accounting and Finance degree is an undergraduate degree in which students will be taught a variety of topics that will help them to understand accounting and financial practices within a global business environment. Year 1 involves several core modules, such as business economics, financial accounting, business law and ethics and marketing principles. Year 2 includes corporate finance, human resources and taxation, while year 3 offers several optional modules, some of which must be accounting or finance based like financial risk management and auditing.
These courses take three years of full time study to complete and course modules are normally completed via coursework, project work and examinations. Some universities offer students the choice of taking a three year basic course or a four year sandwich course, in which they can undertake a yearlong work placement during the third year of academic study. During the placement year students will be based in the industry of their choice putting their academic knowledge into practice, and this can even be taken abroad at some universities.
A Masters in Accounting is a postgraduate degree that is studied over the course of twelve months full time, or two years part time. The most popular degree taken is the MSc Accounting and Finance, although, other degrees are on offer such as accounting and Management, Accounting and Economics, and International Accounting.
Those who wish to study an accounting degree at the postgraduate level will come across the principles of accounting and its surrounding subjects as well as the more advanced and specialist areas of accounting. The degree will equip students with a variety of knowledge and skills necessary to enter a senior accounting job role upon completion.
Throughout the course of a Masters in Accounting you will study various modules related to accounting and finance. Depending on the type of degree you chose you could also study various other areas of business and economics.
Core modules for masters in accounting could include:
- Principles of accounting
- Financial analysis
- International accounting standards
- Corporate finance
- Quantitative methods
- Management accounting
Students will also have the opportunity to specialise their accounting degree by being able to choose elective modules. Modules on offer will differ depending on the university chosen. Some examples of elective modules are:
- Investment analysis
- International finance
- Risk management
- Capital markets
- Corporate governance
- Research in finance
- Security analysis
- Forensic accounting
Students normally require 300 UCAS points, AAA – AAB, including A Level Mathematics, to gain entry to a BA Accounting and Finance Degree. GCSE grade A-C in Maths and English is also necessary. Generally, the best courses in Accounting and Finance will have higher entry requirements due to the high demand and quality of teaching. The best universities for BA Accounting and Finance degree are the University of Warwick, University of Surrey, Heriot-Watt University, University of Strathclyde and University of Leeds. However, there are over 100 institutions that offer a BA Accounting and Finance Degree.
You are advised to contact the university you are applying to for a full breakdown of entry requirements.
Students wishing to gain entry to masters in accounting degree should usually hold a 2:1 bachelors degree or above in a related subject area such as finance, business, economics, mathematics or science. If the applicant does not have previous academic experience then experience in the industry is desired.
Some postgraduate degrees in Accounting may require students to attend an entrance interview. To help you understand postgraduate interviews we have put together an article for the top 10 questions that are likely to pop up and the best ways that you can answer them: Top 10 Postgraduate Interview Questions.
Graduates of a BA Accounting and Finance Degree often choose to work directly in the field of accounting, economics, management and business. However, there is also the opportunity for accounting graduates to gain roles within journalism, education and legal sectors.
Some graduates choose to pursue a postgraduate degree in accounting upon completion of their undergraduate degree, within the same area of study. Normally, these degrees require students to have gained a 2:1 honours undergraduate degree in a relevant area of study, and take around 12 months of full time study to complete.
Those who have completed a Masters in accounting degree can use their knowledge and skills in a range of industries, however, the most popular job roles are obtained in:
- Corporate finance
- Security analysis
- Portfolio management
- Treasury management
- Financial decision making