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  • Finance, accounting and economics

Finance, accounting and economics

Finance, accounting, and economics form the backbone of the global financial system. Accounting involves the broader analysis of business accounts, while finance looks at fund management. Economics covers how goods and services are produced and distributed within global market systems. 

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ON THIS PAGE

  • -Types of degrees
  • -Average entry requirements
  • -What subjects do you need?
  • -What students say about finance, accounting and economics
  • -Finance, accounting and economics specialisations
  • -Typical topics in finance, accounting and economics
  • -What will you learn studying finance, accounting and economics?
  • -Professional accreditations
  • -What alternatives are there to a finance, accounting and economics degree?
  • -What can you do with a finance, accounting and economics degree?
  • -Top five universities for accounting and finance

Types of degrees

Single Honours 

  • Finance 

  • Accounting 

  • Economics 

Joint Honours 

  • Finance and Accounting 

  • Economics and Mathematics 

  • Economics and Politics 

  • Accounting and Business Management 

 SOURCE: COMMON DEGREE TITLES FROM WHATUNI

Alternative options 

  • Foundation years A foundation year provides a pathway for students who may not meet the entry requirements for traditional undergraduate courses. It offers an introduction to financial principles, economic theories, and analytical methods, as well as an opportunity to improve key english skills. 

  • Sandwich degrees You can extend your undergraduate studies by taking a ‘sandwich’ year to gain practical experience through internships and industry placements or take part in a study abroad experience. 

  • Integrated Master’s An integrated Master's degree is a great way to deepen your knowledge and skills by extending your course by one year and gaining a postgraduate degree in the process, without spending as much money as you would with a traditional Master’s course. 

  • Degree apprenticeships Degree apprenticeships combine academic study with paid practical work experience. They offer excellent professional development opportunities, while gaining skills alongside a qualification, and your employer will even cover your tuition fees, meaning less student debt after course completion. 

FIND OUT MORE
  • Different types of undergraduate degree
  • You can find out what unis are offering clearing places for Economics courses here

Average entry requirements

QUALIFICATION

REQUIREMENTS

UCAS points

96–160

A-levels

A*AA–CCD

BTECs

DDD–MMP

Scottish Highers

AAABB–BBBB (Advanced Highers: AAA–BBB)

International Baccalaureate

37–28

SOURCE: WHATUNI

FIND OUT MORE
  • What you need to know to apply to university through UCAS
  • UCAS points calculator

What subjects do you need?

You’ll need a strong foundation in mathematics, and most universities will require three A-levels (or equivalent), with subjects like mathematics, economics, business studies, or accounting preferred. 

FIND OUT MORE
  • How to choose your A-level subjects

Whatuni Student Choice Awards

The WUSCAs are the largest annual uni awards in the UK voted for exclusively by students, ranking unis on the features that students really care about.

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Finance, accounting, and economics specialisations

There is a complex network of specialisms which affects many aspects of the global economic ecosystem. Whether you’re looking at the academic side of things or thinking about your future career, there are hundreds of areas in which you can focus on. Specialised areas of study include: 

  • Econometrics By applying statistical methods to economic data, professionals can test strategies and forecast trends to make good financial decisions. The field combines financial theory, mathematics, and statistical analysis to better understand economic relationships and phenomena. 

  • Taxation The intricacies of the laws and regulations surrounding the collection of taxes are quite sophisticated. Tax specialists advise people and businesses on how to navigate the world of liabilities and compliances which govern the field of taxation. 

  • Corporate finance Corporate finance focuses on managing financial resources and investment decisions within corporations. Professionals in this field analyse investment opportunities and financial risks to maximise shareholder value and support strategic business objectives. 

  • Auditing Auditing entails examining financial records to make sure information is accurate and complies with the relevant laws. Auditors assess financial statements to look for errors, instances of fraud, and inefficiencies. 

  • Risk management Risk managers develop strategies and implement control measures to manage risks within business and their operations, such as credit risk, operational risk, and regulatory compliance. They help organisations navigate uncertainties and safeguard against financial danger. 

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  • View all courses

Typical topics in finance, accounting, and economics

  • Financial analysis  

  • Budgeting 

  • Macroeconomics 

  • Microeconomics 

  • Financial accounting  

  • Business law 

  • Banking and investment  

  • International trade 

What will you learn studying finance, accounting, and economics?

Studying finance, accounting, and economics provides students with a strong foundation in financial principles, economic theories, and analytical methods, essential for building a successful career. 

 Underpinning each of these three disciplines is mathematics, and you can expect to learn advanced numeracy skills, being able to plot and read different types of graphs, interact with databases, and use statistics to interpret financial information.  

You’ll also keep up to date with current trends and develop an intuition about how different professional sectors are connected, and how world events affect global markets.  

Moreover, you’ll build a versatile set of transferable skills that can be used at different types of business organisations. These skills can include: 

  • Numeracy 

  • Report writing 

  • Data analysis 

  • Presentation skills 

  • Decision making 

Professional accreditation in finance, accounting, and economics

Most accounting, business and finance degrees will offer you the opportunity of gaining professional accreditations and part-exemption from professional accounting exams, including those from the:  

  • Association of Chartered Certified Accountants (ACCA)  

  • Chartered Accountants Ireland (CAI)  

  • Chartered Institute of Management Accountants (CIMA)  

  • Chartered Institute of Public Finance and Accountancy (CIPFA)  

  • Institute of Chartered Accountants in England and Wales (ICAEW)  

  • Institute of Chartered Accountants Scotland (ICAS) 

What alternatives are there to a finance, accounting, and economics degree?

There are many alternative subjects that overlap with finance, accounting, and economics which may offer more of what you’re specifically interested in. If you’re unsure about your degree choice, then it’s worth checking them out before making a final decision: 

  • Business management 

  • Political science 

  • Mathematics and statistics 

  • International relations 

  • Computer science  

Careers

As a graduate of finance, accounting, or economics, you should have success finding a job in many different financial service industries including banking, insurance, marketing, and investments.  Your quantitative skills will be a huge asset, and your data fluency means that you can apply your skills to a wide range of career roles. Your ability to make informed and timely decisions will stand you in good stead for thriving in a professional environment. 

"Economics is everywhere. A huge varieties of social and economic phenomena can be analyzed combining formal mathematical modelling and data analysis. In this way, you will learn solid and rigorous ways to understand and inform economic and social policy. "

DR EMANUELA LOTTI, DEPARTMENT OF ECONOMICS HEAD OF DEPARTMENT AT UNIVERSITY OF SOUTHAMPTON

Graduates can pursue roles such as: 

  • Financial analyst 

  • Accountant 

  • Auditor 

  • Investment banker 

  • Economist  

  • Stockbroker  

  • Tax advisor 

  • Actuary 

These are just a few of the most common job roles. You'll find plenty of other options available to you, and you can also continue your studies by completing a postgraduate degree in finance, accounting, and economics, or a related subject. 

FIND OUT MORE
  • Career guides

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