What can I do with an accounting and finance degree? (2024)

As well as providing a route into financial professions, a degree in accounting and finance develops skills that are useful in a range of sectors

Job options

Jobs directly related to your degree include:

Jobs where your degree would be useful include:

Remember that many employers accept applications from graduates with any degree subject, so don't restrict your thinking to the jobs listed here.

Work experience

Gaining work experience is an important part of getting professional qualifications. Completing a finance internship or work shadowing opportunity will show potential employers that you have the skills and practical experience they're looking for.

If your course didn't include a work placement, you can instead seek out an opportunity to gain experience through some part-time work. Look for a role in a field that interests you and try approaching a local accountancy firm or finance department of an organisation. Experience that shows you have office and admin skills, as well as the ability to work with numbers and budgets, will be helpful.

Search for placements and find out more about work experience and internships.

Typical employers

There are lots of job opportunities across the finance sector, with major employers such as:

  • accountancy firms
  • building societies
  • high street banks
  • insurance companies
  • investment banks
  • management consultancies
  • public sector employers.

The main graduate recruiters are the very large multinational accountancy firms. They use large-scale recruitment campaigns to attract the most promising graduates and have high minimum requirements. There are also opportunities in small to medium-sized enterprises (SMEs) that specialise in a particular type of work or local area.

Public sector jobs are available across the UK, with a concentration in central London.

Many businesses have finance departments, and you can find opportunities to use your finance and accounting skills within those across most sectors.

Find information on employers in accountancy, banking and finance, business, consulting and management, and other job sectors.

Skills for your CV

Accounting and finance degrees provide you with specialist knowledge of accountancy practices, commerce, industry and finance.

In addition to gaining this subject-specific and technical knowledge, you’ll also develop more general skills, including:

  • knowledge and awareness of business organisations
  • numerical and quantitative skills
  • problem-solving and analytical ability
  • oral and written communication skills
  • ability to argue your case and negotiate
  • knowledge of global business issues and language skills, particularly if you study European or international finance
  • entrepreneurship.

Further study

Accounting and finance graduates often go into posts that require furtherfinance qualifications for progression.

Popular choices include:

  • Association of Accounting Technicians (AAT) qualification
  • Association of Chartered Certified Accountants (ACCA) qualification
  • Chartered Financial Analyst (CFA)
  • Chartered Institute of Management Accountants (CIMA) professional qualification
  • Professional Banker Diploma.

As an accountancy graduate, you may have an exemption from some of these examinations, depending on the modules and credits you've achieved in your degree.

Some postgraduate courses train you to work in a more specialised area of the financial industry, such as an MSc in actuarial science. It's also possible to study for a PhD in specific areas of finance, such as banking or trade statistics.

For more information on further study and to find a course that interests you, see Masters degrees and search for postgraduate courses in accountancy and finance.

What do accounting and finance graduates do?

Nearly two-thirds (61%) are working as finance professionals (39%), in administrative occupations in finance (20%) and as finance associate professionals (2%). Business, research and administrative professionals, sales, marketing and related associate professionals, business associate professionals and IT professionals were also among the top ten most common occupations reported.

DestinationPercentage
Employed68.7
Further study3.8
Working and studying15.9
Unemployed6
Other5.6
Type of workPercentage
Business, HR and finance51.9
Clerical, secretarial and administrative27
Retail, catering and customer service5.4
Marketing, PR and sales3.7
Other12

Find out what other accounting and finance graduates are doing 15 months after finishing their degrees in What do graduates do?

Graduate Outcomes survey data from HESA.

Find out more

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What can I do with an accounting and finance degree? (2024)

FAQs

What can I go into with an accounting and finance degree? ›

Jobs you could do with an accounting and finance degree
  • Accountant. Accountants handle financial records for companies across all sectors, so you can work in an industry you care about. ...
  • Chartered Accountant. ...
  • Tax Advisor. ...
  • Management Accountant. ...
  • Public Finance Accountant. ...
  • Forensic Accountant. ...
  • Investment Banker. ...
  • Retail Banker.
Sep 7, 2022

How useful is an accounting and finance degree? ›

You could work in any industry

Accountants record, classify, summarise, interpret and communicate the financial information about a business. You can apply this to any company, in any field, industry and sector.

What skills do you gain from an accounting and finance degree? ›

Accounting allows you to develop skills such as leadership and strategic-thinking, valuable skills when it comes to working in the world of business and finance. They allow you to guide organisations with their financial decision-making and can also influence business growth.

Is finance and accounting a good combination? ›

Accounting and Finance are close companions. Finance is a deep dive into the right-hand side of the equation.

Is BS Accounting and Finance worth it? ›

Is a Bachelor's Degree in Accounting Worth It? To answer shortly, for the right person, yes, it is. Getting a Bachelor's Degree in Accounting might be the best decision you ever make if you're eager to learn and passionate about the field. There are many benefits that come with being an accountant.

Is it better to major in finance or accounting? ›

The field of finance offers more career choices but also less predictability. In some cases, careers in finance might offer higher pay. Careers in accounting can offer more predictable and stable work but less pay in many cases.

What is the highest paying job with a finance degree? ›

Top 5 Highest Paying Jobs in Finance
  • Chief financial officer (CFO)
  • Investment banking.
  • Hedge fund manager.
  • Private equity associate.
  • Actuary.
Feb 6, 2024

How hard is an accounting and finance degree? ›

Is an accounting and finance degree hard? Despite what many people say, a degree in accounting and finance is no more or less difficult than other subjects. A lot of people assume it is a hard degree just because it requires working with numbers! Like any other course, it involves a lot of work and study.

What accounting jobs pay the most? ›

Average annual salary for highest-earning accounting jobs
Job TitleAverage Annual Salary
Treasurer$199,750
Vice President of Finance$192,750
Corporate Controller$188,250
Finance Director$185,330
2 more rows

Which degree is best for accounting and finance? ›

  • Association of Chartered Certified Accountants (ACCA) ...
  • US Certified Management Accountant. ...
  • Chartered Institute of Management Accountant (CIMA) ...
  • Diploma in IFRS. ...
  • Cost Management Accounting Course. ...
  • US Certified Public Accountant Course. ...
  • MBA in Finance. ...
  • Master of Commerce in Accounting & Auditing.
Dec 7, 2023

Why choose a career in accounting and finance? ›

It's a highly respected profession and is also immensely satisfying – you'll draw on strategic, leadership and communication skills, work with a variety of teams and really make an impact on your workplace and the wider world.

What can I do with an accounting and finance degree? ›

Jobs where your degree would be useful include:
  • Actuary.
  • Arbitrator.
  • Business development manager.
  • Data analyst.
  • Economist.
  • Licensed conveyancer.
  • Management consultant.
  • Mortgage adviser.

What pairs well with an accounting degree? ›

An accounting degree coupled with an economics major balances accounting practices with relative ease. A student learns to apply logic and reason when attempting to identify complex accounting or economic issues in need of resolution. The need for this dual skill can be found in every industry.

How much math is in accounting and finance? ›

It's basic addition, subtraction, multiplication, and division. Possibly some light, entry-level algebra, but that's it. You don't have to understand calculus. You just need the mental ability to associate abstract information (numbers printed on a page) with real-world quantities (money and other valuables).

Is a finance and accounting degree good? ›

Both finance and accounting degrees offer a range of well-paying job prospects. That said, the average starting salary is slightly higher for finance vs accounting degrees.

Is finance and accounting a good career? ›

The scope of financial accounting in India today

Certified accountants are essential in every business sector across the corporate world, such as: Accountancy firms. Investment banks. Banks.

What is a good degree to pair with an accounting degree? ›

An accounting degree coupled with an economics major balances accounting practices with relative ease. A student learns to apply logic and reason when attempting to identify complex accounting or economic issues in need of resolution. The need for this dual skill can be found in every industry.

Can I do both finance and accounting? ›

At undergraduate level, it's possible to take a joint accounting and finance degree, in order to gain a more general knowledge of both accounting and finance professions.

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