Charting your future with a degree in Accounting and Finance

Have you ever wondered what it would be like to be the one analysing a company's financial statements to determine its profitability? Do you want to advise business leaders on making sound investment choices? A Bachelor of Science (BSc) degree in Accounting and Finance opens career opportunities in various industries. So, let's explore what this exciting programme has to offer.

What are the perks of the three-year BSc (Hons) in Accounting and Finance?

The applied nature of the Accounting and Finance degree provides graduates with the perfect launch pad into a financially rewarding career. The global economy continues to change rapidly, but the need for economically savvy business leaders and advisors remains evergreen. This programme equips you with versatile skill sets that allow you to pursue your career goals anywhere in the world.

The U.S. Bureau of Labor Statistics anticipates a 4% growth in employment for accountants and auditors from 2022 to 2032, highlighting a steady demand for professionals in this field. So, by earning this in-demand degree, you can become a valuable asset that companies actively compete to hire. 

Key focus areas of the BSc (Hons) Accounting and Finance 

The BSc (Hons) Accounting and Finance degree aims to develop core competencies for succeeding in corporate financial roles. The primary focus areas include:

Building strong analytical expertise

You will learn to critically analyse financial data, recognise trends and inconsistencies, and provide recommendations. Courses like management accounting and financial analysis teach you methods and tools to evaluate risks versus rewards and make strategic business decisions.

Understanding global financial systems

Today's world economy functions as an interlinked system. Studying financial regulation principles and capital market operations will give you insight into banking, investments, and lending activities. These learnings can be applied across different countries' public and private sector organisations.

Mastering the latest accounting technology

You will become adept at using accounting software, data analytics, and visualisation tools for financial reporting, auditing, budgeting, and financial planning tasks. This equips you with in-demand accounting and finance skills for the modern workplace.

Developing communication and leadership skills

Finance roles require working effectively across teams and explaining complex financial information to non-experts. The curriculum emphasises written and verbal communication, presentation abilities, relationship building, and other soft skills.

Core BSc (Hons) Accounting and Finance Subjects

While the BSc(Hons) Accounting and Finance course offers flexibility in choosing certain electives, it has a rigorous core curriculum designed to build well-rounded expertise. Some major subjects you will study include:

• Financial Accounting: Understanding how to prepare, analyse, and evaluate financial statements such as balance sheets, income, and cash flow.

• Management Accounting: Focuses on internal accounting needs for managerial planning, control, and decision-making. 

• Taxation: Principles around direct and indirect tax and GST implications on companies

• Corporate Finance: Financial planning, funding sources, cost of capital, short and long-term investment decisions

• Decision Management: Examines how organisations make short- and long-term decisions and ensure that choices align with overarching strategy and goals.

Career opportunities in Accounting and Finance

A deep understanding of numbers, money flows, compliance, and economics is indispensable across private companies and government bodies. Here are some lucrative career options you can pursue with a Bachelor's degree in accounting and finance:

• Financial Analyst: As a financial analyst, you will assess market trends and financial reports to recommend profitable investment opportunities and company cost-saving strategies. Your analytical expertise helps organisations improve their financial health.

• Chartered Public Accountant (CPA): CPAs audit company accounts, prepare financial statements, file tax returns, manage budgets, and ensure legal compliance. You can work in public accounting firms serving multiple clients or specific industries. CPAs are invaluable advisors that keep companies financially viable.

• Management Accountant: Every organisation needs financial planning and control. You prepare internal accounts, monthly reports, and capital and revenue budgets as a management accountant. You advise department heads on spending and tactics to maximise profits and minimise risks.

• Fund/Asset Manager: Banks, insurance companies, pension funds, and more invest people’s money in various assets to grow wealth. As a fund manager, you analyse economic metrics and returns on investment options to build profitable portfolios of stocks, bonds, real estate, etc.

• Investment Banker: From small startups to billionaire conglomerates, every business needs capital infusion and wants to issue IPOs, bonds or shares. Investment bankers act as financial intermediaries, conducting these complex transactions and earning large commissions in return.

Chart your path to financial success

At DMU Dubai, our BSc(Hons) Accounting and Finance programme provides the core knowledge and real-world skills to set you on the path to career success. You will gain relevant insights and techniques to excel in the field through course modules in key areas like financial accounting, forensic accounting, advanced corporate Finance and advanced decision management.

With DMU Dubai's close industry ties and partnerships with professional accounting bodies, you can open doors to enhanced credentials and opportunities. Qualifying students may gain exemptions from certification exams with the Association of Chartered Certified Accountants (ACCA) - accelerating their career advancement.

So what are you waiting for? Kickstart your high-flying career today by applying to the BSc Accounting and Finance programme at DMU Dubai!