Study Accounting and Finance in the UK
➝
Intake: January, September
➝
Mood of Study: Full time
➝
Course Length: BSc (3 years), MSc (1- 2 years)
➝
Fee Range: Up to £25000 on an average (approximately)
2
Making the decision to leave your native
country to study abroad is a major move. Every
year, students from all over the world pack their
belongings and travel to another nation to study
at a university. Moreover, studying abroad is a
tried-and-true approach to expand one's
horizons, improve one's education, and obtain
valuable real-world experience. The United
Kingdom is one of the best and most
well-known foreign student destinations in the
world. Every year, a considerable number of
international students go to the United Kingdom
to pursue higher education. The United
Kingdom is well-known not only for its
educational institutions, but also for its rich
heritage and tradition, environment,
multicultural atmosphere, level of life, and so
on. The question is, what makes the UK so
special that it attracts a large number of
international students each year.
3
Accounting and finance
degrees provide outstanding
graduate prospects as well as
opportunity to work in some
of the most prestigious firms
and accounting practices.
Finance studies help you train
and prepare for a business
profession, as well as create
business awareness. Financial
accountants provide all of the
skills required by firms and
are in high demand, making
accountancy a rapidly
increasing career option.
Accountancy graduates
frequently have the abilities
and expertise to move into
other areas of business and
advance their careers.
4
Reasons to Study Accounting and Finance
Reasons to pursue a degree in accounting and finance can be found
below:
➔ Accounting and finance degrees are excellent choices for anyone
looking to join some of the best graduate training programmes.
Joining a well-established organization as a graduate trainee
provides a more organized training programme as well as more
prospects for professional advancement and personal improvement.
➔ The accounting profession is unlikely to decline in popularity.
Accountants and finance experts are required by every business in
order to comply with relevant legislation and business procedures.
You just need to stay up to date on changes in the finance industry to
guarantee that you remain a highly valued and marketable member
of staff.
➔ Accountants are the backbone of any commercial or corporate
organization. Graduate accountants can work in any industry or
sector because their skills and knowledge are transferable.
5
➔
➔
➔
➔
Accounting and finance degrees complement a wide range
of other degree areas, the redditionl skills and information
that can be applied in the job..
Accounting and finance degrees complement a wide range
of other degree areas, therefore it is possible to pursue a
joint honors degree in accounting and finance as well as
another subject, such as business or languages. Studying for
a dual honors degree provides additional skills and
information that can be applied in the job
Accountancy and finance studies have a very practical
approach, providing relevant experiences in business
accounting and finance in both simulated and real-life.
Many accounting and finance degrees include an optional
placement year, which allows you to work in the business
and gain expertise in all elements of an accounting job.
6
International
Admission Intake and
Tuition Fees
A large number of UK universities offer both BSc and
MSc in Accounting and Finance. A full time Bachelor
programme in Accounting and Finance costs £18525£23079. On the other hand, the tuition fees of the MSc
programme are £16000- £28900 for foreign students.
7
Benefits of Studying Accounting and Finance
Accounting and finance combine monetary principles with those of business
and management. They encompass a wide range of institutional and
organizational reporting, calculation, and assessment activities. Benefits to
pursue a degree in accounting and finance can be found below:
1.Great Career Path: After graduating from university with a degree in
accounting and finance, you will have a number of professional options. You
may become a chartered accountant, stockbroker, or forensic accountant, or
you could take an entirely other path and utilize your degree to become a
business development manager, data analyst, or mortgage advisor.
2.Earn handsome Wage: Accounting and finance graduates have the potential
to earn high-paying salaries depending on the career path they choose. If you
decide to work as a public or private accountant, you can expect to start at
roughly £18,000. With further experience and the necessary qualifications, you
may make up to £100,000 per year (National Careers Service).
8
3.Can Access Every Industry: Choosing a career in accounting
and finance means you will have the abilities to work in a field
that is always in great demand. Accountants and finance
specialists are needed by businesses of all sizes to handle their
money. Because accounting and finance degrees are in high
demand, you will have many work opportunities.
4.Numerical Skills: A degree in accounting and finance will
provide you with a lot of transferable skills that will help you
improve your CV and make you a desirable employee to a
variety of organizations. You will get strong numerical and
quantitative talents, as well as superior analytical and
problem-solving ability. You will master the following abilities,
which are often in high demand by employers:
➔
Communication
➔
Organization and time management
➔
Business organization knowledge and awareness
➔
The ability to argue and negotiate your argument
9
Career after Studying Accounting and Finance
With a degree in accounting and finance, you will
be able to explore a wide range of professional
opportunities. Accounting can lead to a variety of
jobs, including:
➔
Chartered Accountant: As a chartered
accountant, you can work in practically any
industry, which means you can combine your
profession with something that interests you.
You will provide advice, audit accounts, and
provide accounting and financial assistance.
Typically, you will concentrate on one
organization and manage all of its financial
needs. As a chartered accountant, you will
have
numerous
options
for
career
advancement and a great earning potential.
➔
Financial Manager: Financial managers are
in charge of an organization's financial health.
They create financial reports and devise
strategies to assist their firm in meeting its
long-term financial objectives.
10
➔
➔
Financial Advisor: Financial advisors assist
their clients in understanding their financial
situation and making customized investment
decisions. They keep track of their customers'
investments and finances and can advise them
on insurance, mortgages, college savings, estate
planning, taxes, and retirement.
Forensic Accountant: Forensic accountants,
one of the most in-demand career options for
accounting and financial graduates, specialize
primarily on fraud, scams, embezzlement, and
identity theft. With the majority of financial
services being available online, the risk of any
of these events occurring has dramatically
increased. As a forensic accountant, you'll
conduct record audits to assess liability, fraud,
and valuation. To be successful, you'll need an
investigative attitude and exceptional attention
to detail, but you'll have good career options
with the ability to make high incomes that are
often supplemented with additional company
advantages.
11
UK Universities for Accounting and Finance
1. Newcastle University: Students will learn about the academic theory that
underpins professional accounting and finance practice. Accounting and finance
are supported by technical brilliance and ethical behavior. This university's
degree combines academic theory with real-world problem solving.
Professional practice backs them up. They will provide students with a head
start in their careers by providing:
• Industry -recognized certifications
• Insight from a research
• Informed teaching practitioner
2. Northumbria University: Accounting and finance is a fluid and
ever-changing industry, with innovations and best practices evolving to meet
the world's concerns on both a local and global scale. Through business-relevant
and research-rich learning, this course will assist you in developing
employability skills. You'll learn how global economic and financial difficulties
affect business activity, as well as how organizations interact within the
business environment. You will learn how to critically assess current accounting
and financial processes, business ethics rules, and corporate governance
frameworks in order to offer solutions to global concerns
12
3. University of Portsmouth: Accounting and finance
professionals are constantly in demand, so if you studied a
business subject at undergraduate level and have an eye for
detail and the will to thrive in a demanding corporate climate,
our MSc Accounting and Finance degree course is the route to
advance your objectives. The university will assist you in
identifying volunteer roles and opportunities to supplement
your study. When students complete this course, the
institution's Careers and Employability programme can assist
them in finding a job that utilizes their talents in the
accounting and financial sectors.
•In the end, Accounting and finance professionals play critical
roles in all sorts and sizes of organizations, both in the UK and
around the world. This degree is suitable if you want to pursue
a career in accounting or if you are currently professionally
certified and want to pursue a degree.
13
Thanks!
www.ahzassociates.co.uk
14