In this course, students demonstrate their knowledge of the skills learned in the program, applying learnings from their finance and accounting courses as well as complementary disciplines such as organizational behavior and management information systems.
Experiential learning encourages students to collaborate with industry professionals to explore a particular accounting or finance topic. This weekly real-world collaboration reinforces the academic concepts learned in the classroom. According to the Bureau of Labor Statistics BLS , the growing need for accounting and financial professionals is largely due to the growing economy, globalization, and the continued complexity of taxes and regulations.
Rather than being limited to choosing an accounting OR finance role, having an educational background in finance and accounting prepares you for a variety of in-demand business careers including:. Ready to take the next step toward your business career? Doing so will prepare you for a range of potential careers that fall under the broader category of finance and accounting, like those listed above. It can also be beneficial to aspiring entrepreneurs, who will need a solid understanding of business including accounting and finance in order to turn their dreams into a reality.
Neither prior industry work experience nor college coursework is required to take advantage of the learning opportunities available with a Bachelor of Science in Finance and Accounting Management degree. Get in touch with our enrollment team today about fall, spring, or summer entry terms.
Return to Blog Homepage Finance vs. Email Address:. Phone Number:. Enroll Now Complete the form below to get started today and take the next step in your educational journey. Complete the form below to get started today and take the next step in your educational journey. Career Categories. Finance vs. Accounting: The Basics While there are many similarities between accounting and finance, they are two distinct disciplines. What is Finance?
According to Investopedia , the finance industry consists of three sub-categories: Personal finance involves financial planning for individuals. This can include long-term financial management plans, such as retirement, purchasing of financial products, such as mortgages, and banking. Corporate finance involves the financial activities for running an organization, which can include investment strategy and budgeting. Public government finance includes the tax, spending, budgeting and other policies that relate to how the government allocates resources.
Careers in Finance Finance is a broad field involving the management of money that can encompass anything from corporate finance to personal financial planning.
Careers in finance may include jobs such as: Investment banker Financial broker Financial manager or planner Financial advisor Financial analyst Those who work in finance often deal with others outside the organization, such as government agencies, banks, investment firms and services, stockholders and suppliers. Finance Required Skills According to staffing agency Robert Half, soft skills are just as critical for finance professionals as technical knowledge. What is Accounting?
There are different areas of specialization in accounting, according to Investopedia : Financial accounting includes the generation of financial statements that typically involve a balance sheet, income statement and cash flow statement.
At Birmingham City University, we offer a BA Hons Accounting and Finance course, providing students with practical knowledge, theory and accreditations in both fields. Additionally, if you wanted to specialise on a particular subject area, there are a wide range of courses available to you here in both accounting and finance; from BSc Hons Finance and Investment through to BA Hons Business Accounting and the industry standard Association of Chartered Certified Accountants ACCA course.
Our Open Day provides you with the perfect opportunity to discover just what we have to offer. We won't record your recent searches as you have opted out of functional cookies. You can change this on our Manage Privacy page should you wish to. Cookies and Privacy. Saved courses. Search website. School of Business. You have no saved courses. Accounting can be broken into three categories of public accounting, tax accounting, and auditing. And finance can be divided into two categories of traditional finance and financial planning.
A major in accounting perhaps offers the most different directions to go. In the field, it is generally divided into three major categories:. A major in finance will generally land you in one of three career areas:.
Do a little sleuthing. Shadowing is a perfect way for you to learn the day-in-and-day-out of the job. You might also want to conduct some online research to understand the earning potential:. Be thorough in your research. Once you choose your profession, It may not be easy to switch. If you choose your major correctly, you can more wisely spend your time in school by earning the credit hours you need. You pay for your education, so you should spend your education dollars wisely. Accounting and finance will always be necessary positions of importance and influence.
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