Accountancy & Finance

Accountancy & Finance

Overview

The Accountancy and Finance BA (Hons) course is a comprehensive study programme designed to equip students with a deep understanding and successful careers in accounting, finance, and related fields. This course focusses on developing analytical skills, problem-solving abilities, and ethical considerations in the financial world. It’s a course that combines theoretical with practical applications to prepare students for careers in finance, accounting, auditing, and financial management.

Objectives

  1. Build a solid foundation in accounting principles, financial analysis, and business management.
  2. Prepare students for successful careers in accounting, finance, and related industries.
  3. Cultivate students' ethical understanding and professional conduct in the financial field.
  4. Develop students' analytical and problem-solving skills for financial data evaluation to make informed decisions.

Prerequisites

  1. High school diploma or equivalent.
  2. Basic understanding of mathematics and business concepts.

Curriculum Outline

  1. Introduction to Financial Accounting
  2. Principles of Microeconomics
  3. Business Mathematics
  4. Introduction to Business
  5. Introduction to Managerial Accounting
  6. Principles of Macroeconomics
  7. Business Law
  8. Information Systems for Business
  9. Intermediate Financial Accounting (i)
  10. Corporate Finance
  11. Cost Accounting
  12. Business Communication
  13. Intermediate Financial Accounting (ii)
  14. Investment Analysis
  15. Auditing
  16. Quantitative Methods for Finance
  17. Advanced Financial Accounting
  18. Financial Statement Analysis
  19. Taxation
  20. Elective 1
  21. Accounting Information Systems
  22. Derivatives and Risk Management
  23. Ethics in Accounting and Finance
  24. Elective 2
  25. Capstone Project
  26. Strategic Financial Management
  27. Advanced Auditing or Accounting Research
  28. Elective 3
  29. Internship/Work Placement
  30. Global Financial Markets
  31. Financial Modeling and Valuation
  32. Final Elective
  33. Soft Skills Development
  34. Professional Certification Preparation

Teaching Method

  1. Lectures and seminars
  2. Interactive tutorials
  3. Case study analysis
  4. Group discussions and projects
  5. Hands-on practice with financial software

Modules

  1. Foundations of Accountancy and Finance
  2. Intermediate Studies
  3. Advanced Topics and Specialisations
  4. Capstone and Practical Experience

Assessment Methods

  1. Written exams
  2. Quizzes and assignments
  3. Group projects and presentations
  4. Case study analysis
  5. Practical exercises

Course Duration

  1. Typically 3-4 years for undergraduate programmes
  2. 1-2 years for postgraduate programmes

Facilities

  1. Modern classrooms equipped with audio-visual aids
  2. Access to computer labs with financial software
  3. Library resources with finance and accounting journals
  4. Online learning platforms
  5. Study groups and peer support

Career Pathways

  1. Financial analyst
  2. Accountant
  3. Auditor
  4. Investment banker
  5. Financial consultant
  6. Corporate finance manager

Fees and Fundings

  1. Tuition fees vary by institution.
  2. Scholarships, grants, and financial aid are available.

Entry Requirements

General requirement:

High school diploma or equivalent: Students must complete secondary education with strong performance in mathematics and related subjects.

Minimum GPA: Normally, a minimum GPA requirement is set (e.g., 3.0 on a 4.0 scale).

Standardised test scores: Some programmes may require SAT, ACT, or equivalent standardised test scores.

English language proficiency: For non-native speakers, proof of proficiency (e.g., IELTS, TOEFL) may be required.

Application materials: This usually includes transcripts, a resume or CV, personal statement, and letters of recommendation.

Additional requirements:

Interview: Some programmes might require an interview or assessment.

Prerequisite courses: Certain programmes may require completion of specific high school courses.

Field Work and Internships

Field work:

Field work prepares practical experiences integrated into the curriculum, such as case studies, simulations, and project works with real-world applications.

Practical experience: To apply classroom knowledge to real-world situations.

Networking experience: Networking events with industry professionals.

Internships:

It involves opportunities for internships in accounting firms, financial institutions, and corporations.

Timing: Often undertaken in the final year or summer between years 3 and 4.

Purpose: To gain hands-on experience, apply theoretical knowledge, and build professional networks.

Placement: Usually facilitated by the university’s career services or through partnerships with businesses.

Duration: Typically, internships last for 8–12 weeks, though this can vary.

Certifications

Association of Chartered Certified Accountants (ACCA): Widely recognised and respected internationally, broad accounting and finance knowledge with a global perspective.

Certified Public Accountant (CPA): Widely recognised credential for accountants. It requires passing the CPA exam and meeting educational and experience requirements.

Chartered Financial Analyst (CFA): Focusses on investment management and financial analysis. It requires passing exams and gaining relevant work experience.

Certified Management Accountant (CMA): Specialises in financial management and strategic planning.

Certified Internal Auditor (CIA): For professionals focussing on internal auditing.

Intakes

Fall intake (United States of America):

Timing: Typically begins in late August or early September.

Application deadlines: Generally, applications are due between November and March of the preceding academic year, though some institutions may have rolling admissions.

Spring intake (United States of America):

Timing: Usually starts in January.

Application deadlines: Often due between June and October of the preceding year, with some schools offering rolling admissions.

Summer intake (United States of America):

Timing: Starts in May or June.

Application deadlines: Applications are usually due between January and April

Autumn intake (United Kingdom):

Timing: Typically starts in late September or early October.

Application deadlines: Most universities require applications by January 15th of the year the program begins, though some may accept applications until June 30th.

Spring intake (United Kingdom):

Timing: Occasionally available, usually starting in January.

Application deadlines: Applications are generally due between June and October of the preceding year.

Summer intake (United Kingdom):

Timing: Some universities offer summer intakes starting in June.

Application deadlines: Application deadlines vary but are typically between January and April.

NOTE:  It's important to check specific university deadlines and application requirements, as they can vary between institutions.

Student Testimony

“From a young age, I had an interest in finance and accounting, as I was taught to keep track of my finances and be prudent,” says Anson Tan from University of California, Berkeley.

Frequently asked questions

Graduates can pursue careers in accounting, finance, auditing, and consulting.