Accounting versus finance: which course should you study?

Accounting versus finance which course should you study

Both accounting and finance play a vital role in the world of business and are sometimes leveraged interchangeably when solving business problems.

But the primary difference lies in the wide-ranging specialisations that the accounting and finance divisions handle as part of supporting the global economy.

If you are confused about whether you should study finance or accounting, then reading this blocked in the end can help you gain clarity on both subjects and ultimately make a decision.

Read on to find out how accounting and finance courses in Singapore can help you attain the dream career that you have always wished for.

What can accounting degrees teach you?

Accounting degrees are typically designed to offer you a solid foundation offer real-time career in business, making you proficient at bookkeeping as well as managing and analysing all records produced by an organisation.

What can finance degrees teach you?

A finance degree can help you kick start a career in diverse fields of financial services including the banking, commerce and consultancy sectors, typically focusing on the current figures of a company and predicting future outcomes.

What are some of the specialisations covers in the accountancy programme?

  • International and management accounting
  • Risk assessment
  • Forensic accounting
  • Bankruptcy and corporate ethics
  • Electronic crime and fraud
  • Insurance claims
  • Auditing
  • Tax management

What are some of the specialisations covered in the finance programme?

    • Behavioural finance
    • Derivatives and the capital markets
    • Financial modelling
    • Investment management
    • International finance
    • Financial engineering
    • Quantitative finance
    • Financial evaluation
  • Corporate finance
  • Financial reporting
  • Financial management and planning

What should you know about accounting and finance careers?

Both finance and accounting graduates are highly sought after among employers worldwide, within the management scientific and technical consulting services.

Early career opportunities within the field of accountancy and finance involve general investment activities and payroll services, especially focusing on job roles that deal with the forecasting of the companies group.

No matter the type of graduate programme you choose to pursue, either accountancy or finance, specialised degree as these are likely to be a major asset when it comes to your professional advancement.

Likewise, both the subjects can help you keep pace with the new processes, changing markets, emerging technologies and continuous development in the business world.

This is why, a good grounding of the models and theories of accountancy and finance can help you kick start your career path by taking charge of surface-level processes, moving on to acquiring management level positions where you get to make sound business decisions.

What are the entry requirements for pursuing an accountancy and finance undergraduate degree?

The study accountancy and finance at the undergraduate level, candidates are expected to showcase their numerical proficiency along with their passion in the finance and accounting sectors.

A few years of relevant professional work experience is always considered a perk when it comes to securing your admission to the programme and demonstrating your analytics and quantitative capabilities during the course curriculum.

Log on to our website and apply to the accountancy and finance programme today.