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Is BSc Accounting and Finance a good subject to take at Uni

I’ve been looking at different websites and posts and many people mentioned that accounting and finance course is not worth taking even if I want to be an accountant later on in life. Should I do a stem related subject for my bachelor’s degree and then take the ACCA exams later? If yes then what degrees do you recommend?
Thanks in advance
Original post by Wearetwins
I’ve been looking at different websites and posts and many people mentioned that accounting and finance course is not worth taking even if I want to be an accountant later on in life. Should I do a stem related subject for my bachelor’s degree and then take the ACCA exams later? If yes then what degrees do you recommend?
Thanks in advance

Hey! If you're certain about becoming an accountant, I'd recommend going for an accounting and finance degree. It will give you a direct path to your career goals. I think that If you want to become a certified accountant, it's more practical to study it as the specialized knowledge you get from the degree will prepare you directly for the ACCA exams and the responsibilities of an accounting career. While a STEM degree can provide a strong analytical background, it might not cover the specific knowledge and skills needed for accounting (depending on the major).
Also, there are few Accounting and Finance degrees in the UK offering exemptions for the ACCA exams. I am currently studying Accounting and Finance Richmond American University and will be exempted 9 ACCA examinations, meaning I'll only have to take 4 more exams to complete the certification. So I really recommend looking into these programs as this can save you a significant amount of time and effort compared to taking the ACCA exams from scratch after completing a different degree.

Good luck!!!

Hiba
RAUL Student Ambassador
Reply 2
Original post by Richmond Hiba
Hey! If you're certain about becoming an accountant, I'd recommend going for an accounting and finance degree. It will give you a direct path to your career goals. I think that If you want to become a certified accountant, it's more practical to study it as the specialized knowledge you get from the degree will prepare you directly for the ACCA exams and the responsibilities of an accounting career. While a STEM degree can provide a strong analytical background, it might not cover the specific knowledge and skills needed for accounting (depending on the major).
Also, there are few Accounting and Finance degrees in the UK offering exemptions for the ACCA exams. I am currently studying Accounting and Finance Richmond American University and will be exempted 9 ACCA examinations, meaning I'll only have to take 4 more exams to complete the certification. So I really recommend looking into these programs as this can save you a significant amount of time and effort compared to taking the ACCA exams from scratch after completing a different degree.
Good luck!!!
Hiba
RAUL Student Ambassador

Thank you for your reply! Would getting exemptions be seen as “lazy” or like “not hard working” by employers because I can take less exams? I’ve heard big 4 forces you to take all the exams without exemptions anyways?
(edited 2 months ago)
Original post by Wearetwins
Thank you for your reply! Would getting exemptions be seen as “lazy” or like “not hard working” by employers because I can take less exams? I’ve heard big 4 forced you to take all the exams without exemptions anyways?

You're welcome! I think the value of exemptions can vary depending on which exams are exempted. For instance, exemptions for fundamental exams in the ACCA qualification might be more beneficial, as they cover foundational knowledge. For the Big 4 firms and other major employers, the important factor is your overall competence and understanding of the field. They focus on looking at your practical experience, your performance in interviews, and access your knowledge in the field. If you have a strong academic background and relevant experience, you’ll be well-positioned regardless of the number of exemptions you have. The main focus for employers will be your overall capability and how you apply your knowledge practically. Plus, there's no strict policy at the Big 4 regarding ACCA exemptions, and having the ACCA qualification itself isn't a mandatory requirement for hiring.

Hiba
RAUL Student Ambassador
(edited 2 months ago)
Reply 4
Original post by Richmond Hiba
You're welcome! I think the value of exemptions can vary depending on which exams are exempted. For instance, exemptions for fundamental exams in the ACCA qualification might be more beneficial, as they cover foundational knowledge. For the Big 4 firms and other major employers, the important factor is your overall competence and understanding of the field. They focus on looking at your practical experience, your performance in interviews, and access your knowledge in the field. If you have a strong academic background and relevant experience, you’ll be well-positioned regardless of the number of exemptions you have. The main focus for employers will be your overall capability and how you apply your knowledge practically. Plus, there's no strict policy at the Big 4 regarding ACCA exemptions, and having the ACCA qualification itself isn't a mandatory requirement for hiring.
Hiba
RAUL Student Ambassador

Thank you for clarifying! Btw, which career do you think is better in terms of job security, salary, and workload? Accountant or Actuary?
(edited 2 months ago)
Reply 5
Original post by Wearetwins
I’ve been looking at different websites and posts and many people mentioned that accounting and finance course is not worth taking even if I want to be an accountant later on in life. Should I do a stem related subject for my bachelor’s degree and then take the ACCA exams later? If yes then what degrees do you recommend?
Thanks in advance

Hi. Which A levels are you taking and which STEM degrees are you considering?

Have you considered apprenticeships?
Reply 6
Original post by ajj2000
Hi. Which A levels are you taking and which STEM degrees are you considering?
Have you considered apprenticeships?

I’m thinking of taking economics, maths, FM, and Latin for a levels. I don’t really know what stem degrees I wanna take at uni, but if I take a stem degree then I probably will change my a-level choices. Also, do you think Bsc Actuarial Science is a good uni degree to take instead of accounting and finance?
Reply 7
Original post by Wearetwins
I’m thinking of taking economics, maths, FM, and Latin for a levels. I don’t really know what stem degrees I wanna take at uni, but if I take a stem degree then I probably will change my a-level choices. Also, do you think Bsc Actuarial Science is a good uni degree to take instead of accounting and finance?

Actuarial science sounds like a great degree to me. Well worth looking into. You could become an accountant with that degree (or pretty much any other you fancy) should you wish to in the future.

If you like the look of actuarial degrees look up some of the MORSE courses and see if these might appeal. Warwick, Cardiff, Southampton and Lancaster offer these degrees - some of which are in effect their actuarial degrees. Of course you could look to take maths at university which gives a load of great options.
Reply 8
Original post by ajj2000
Actuarial science sounds like a great degree to me. Well worth looking into. You could become an accountant with that degree (or pretty much any other you fancy) should you wish to in the future.
If you like the look of actuarial degrees look up some of the MORSE courses and see if these might appeal. Warwick, Cardiff, Southampton and Lancaster offer these degrees - some of which are in effect their actuarial degrees. Of course you could look to take maths at university which gives a load of great options.

Thank you! Which degree would you say is better in terms of job opportunities? Accounting and finance or actuarial science? I heard the actuarial science exams are very very hard…
Reply 9
Original post by ajj2000
Actuarial science sounds like a great degree to me. Well worth looking into. You could become an accountant with that degree (or pretty much any other you fancy) should you wish to in the future.
If you like the look of actuarial degrees look up some of the MORSE courses and see if these might appeal. Warwick, Cardiff, Southampton and Lancaster offer these degrees - some of which are in effect their actuarial degrees. Of course you could look to take maths at university which gives a load of great options.

Also, I’ve looked the the MORSE course, it seems quite similar to actuarial science! Which would you recommend more? Also, is MORSE degree a sought after degree by employers? It seems like not many uni offers this subject so I’m wondering if it’s an unpopular subject.

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