Why study Accounting and Finance?

Whether you’re an accountant working directly in a business, or you’re keen to join an accounting practice working with multiple clients, effectively managing money is key to the running of any successful organisation. And as countries around the world evolve, qualified accountants are in huge demand.

The accounting field offers several career options from auditing to tax accounting, from cost accounting to management accounting. There are also opportunities in public accounting, government agencies or corporations and entrepreneurship.

A degree in accounting and finance gives you an extremely valuable, versatile and in-demand qualification. It proves that you are fluent in the language of business to pursue careers that are financial in nature.

If you are looking to launch or progress your career in accounting, then carry on reading to hear more about pursuing a degree in accounting and finance.

What is Accounting?

Accounting is the process of recording and organising financial transactions in a business, putting that financial data to good use through analysis and strategy.

Accounting and finance play vital roles within any organisation. You’ll manage and use accounting systems designed to help decision-making and control. You’ll also have the financial management techniques and risk management capabilities to value projects, investments and controlling risk exposure.

Becoming an accountant or working in finance can be a secure and lucrative career path. As the industry is highly saturated, we really recommend boosting your employability with a degree and relevant qualifications, such as from the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA).

What is the ACCA?

The Association of Chartered Certified Accountants (ACCA) is a professional body for accountants based in the UK. It is one of the foremost accountancy organisations worldwide and has over 200,000 members and 500,000 students. The ACCA qualification is one of the most important and highly sought after in management, banking and consulting fields.

What is CIMA?

The Chartered Institute of Management Accountants (CIMA) is the world’s leading and largest professional body of management accountants offering the most relevant accounting qualification for a career in business. CIMA qualifications will equip you with knowledge of management, accounting, and financial accounting. On top of that, you will gain business skills, leadership, people skills and strategy.

If you are considering a career in finance or business, the ACCA and CIMA qualifications will open doors for you with top employers around the world. The addition of ‘ACCA and CIMA student’ to your CV gives you a huge advantage in the job market as it shows employers that you are dedicated, driven, commercially savvy and take your future seriously.

Studying Accounting and Finance at Bloomsbury Institute

Our BSc Accounting and Financial Management degrees are accredited by ACCA and CIMA. All enrolled students are ACCA and CIMA members, so many benefits are available to our students, free of charge.

Once you graduate from our course, you do not have to take all the exams to earn the qualifications. These are called exemptions, and this means that students who successfully pass any of our Accounting and Financial Management degrees can gain exemptions from 9/13 ACCA modules and 7/13 CIMA modules. So, you can save a lot of time and money.

On our degree programmes, you’ll start by learning the theory and practice of accounting and finance which you’ll put into practise throughout your degree to develop invaluable employability skills. Our accounting degrees have a vocational focus, meaning you’ll gain the practical skills and experience needed for world of work, such as through our internship module.

Studying at Bloomsbury Institute will also allow you to develop transferable skills suited to whatever path you decide to take after you graduate.

To find out more, take a look at our courses. Applications for our next intake are open, so if you’re interested in studying with us, speak to us today!