Accountancy & Economics

Accountancy & Economics

Overview

An accountancy and economics degree comprises the core study of financial accounting and economic principles. This degree provides the necessary skills to understand and interpret financial data, manage budgets, assess economic trends, and more. This degree will open doors to various industries, including banking, government, organisations, and corporate sectors, as it is in high demand.

Objectives

  1. Develop expertise in financial reporting and accounting practices
  2. Build a strong foundation in economic theory and analysis
  3. Enhance analytical and quantitative skills
  4. Foster critical thinking and problem-solving abilities
  5. Prepare for professional certifications and career success
  6. Promote ethical and sustainable decision-making

Prerequisites

  1. A high school diploma or equivalent
  2. English proficiency
  3. Personal Statement (Tentative)

Curriculum Outline

  1. Introduction to Financial Accounting
  2. Introduction to Management Accounting
  3. Microeconomics
  4. Macroeconomics
  5. Quantitative Methods for Business
  6. Business Law
  7. Intermediate Financial Accounting
  8. Cost and Management Accounting
  9. Corporate Finance
  10. Econometrics
  11. Business Economics
  12. Audit and Assurance
  13. Advanced Financial Reporting
  14. Taxation
  15. Financial Statement Analysis
  16. International Economics
  17. Economic Policy
  18. Ethics in Accounting and Economics

Teaching Method

  1. Lectures
  2. Seminars and tutorials
  3. Case studies
  4. Workshops and practical sessions
  5. Group projects and teamwork
  6. Online and digital learning
  7. Research projects and dissertations
  8. Guest lectures and industry speakers

Modules

  1. Financial Accounting
  2. Management Accounting
  3. Microeconomics
  4. Macroeconomics
  5. Quantitative Methods for Business
  6. Business Law
  7. Cost and Management Accounting
  8. Finance
  9. Econometrics
  10. Business Economics
  11. Taxation
  12. International Economics
  13. Economic Policy

Assessment Methods

  1. Examinations
  2. Coursework and Assignments
  3. Practical Projects and Group Work
  4. Presentations
  5. Practical Assessments

Course Duration

The course duration can vary by country and institution. In the UK, it takes about 3/4 years if you study full-time and 4/5 years if you study part-time.

Facilities

  1. Libraries and Study Resources
  2. Computer Labs and Software
  3. Classrooms and Seminar Rooms
  4. Business and Finance Labs
  5. Research Facilities
  6. Career Services and Professional Development
  7. Online Learning Platforms
  8. International Student Support

Career Pathways

  1. Accountant
  2. Auditor
  3. Financial Analyst
  4. Tax Advisor
  5. Management Accountant
  6. Economic Analyst
  7. Policy Analyst
  8. Market Research Analyst
  9. Financial Economist
  10. Management Consultant
  11. Financial Consultant
  12. Economic Consultant
  13. Government Economist
  14. Public Sector Accountant
  15. Investment Banker

Fees and Fundings

The fees per annum for an accountancy and economics degree for international students can lie between £15,000 and £25,000 in the UK, but the amount can vary by country and university.

Entry Requirements

  1. A high school diploma or equivalent
  2. English Language Proficiency
  3. Personal Statement
  4. References

Field Work and Internships

  1. Practical Projects
  2. Research Projects
  3. Summer Internships
  4. Year-Long Placements
  5. Part-Time Internships
  6. Cooperative Education Programmes
  7. Career Fairs and Networking Events
  8. Workshops and Seminars

Certifications

Although accountancy and economics degrees are in high demand in various industries, some other related professional certifications won’t do you any harm; instead, they will amplify your overall career prospects.

  1. Certified Public Accountant (CPA)
  2. Chartered Accountant (CA)
  3. Certified Management Accountant (CMA)
  4. Certified Internal Auditor (CIA)
  5. Certified Financial Planner (CFP)
  6. Chartered Economist (CE)
  7. Professional Risk Manager (PRM)
  8. Financial Risk Manager (FRM)
  9. Certified Economic Development (CEcD)

Intakes

In the UK, the primary intake happens in September/October, and the secondary intake happens in January/February.

Student Testimony

"As the accounting modules and economics modules are different, I am exposed to various skills and experiences that undoubtedly help me stand out from others. When I was applying for graduate jobs in the Big 4, I was able to use the knowledge that I gained from my economics module, and this definitely eased the burden of preparing for the interview." [Michelle Chu from Queen's University Belfast]

Frequently asked questions

Accounting can land you a job after your graduation, while economics gives you a framework to gain in-depth knowledge about finance and decision-making. Each will impact the other intensively. Combined, it is a great degree to pursue.