Why I chose to study Accounting and Finance

When I was choosing my A-level subjects like most students I wasn’t yet sure about what career I wanted to pursue, therefore didn’t know what degree I wanted to do or what university I wanted to go to. However, I was pretty sure that I wanted to go to university itself, I wanted to extend my knowledge, grow personally and improve my chances of having a better life overall. As I was unsure about the degree I wanted to do, my strategy towards picking my subjects was to not limit myself. I knew that certain subjects where compulsory prerequisites for certain courses, for example an A-level in Mathematics for a Mathematics degree.

I tried to reflect on the subjects that I both enjoyed and excelled at during my GCSE’s, I really enjoyed Mathematics, Religious Studies and English Literature. I considered doing a language because I did Spanish at GCSE and really enjoyed it, I was also told that doing a language at A – level would be great for university applications and that it could help me stand out.

At the end of the day the A-levels I took were Religious Studies, Mathematics and Economics. I decided not to go for English Literature because although I enjoyed it at GCSE, this might have greatly been down to the amazing teacher I had and I couldn’t see myself pursuing a career directly related to English Literature. I chose to study Economics because it was a fascinating new subject for me and it was well – respected. I actually also wanted to do Business Studies but I was warned against doing so because it was considered too similar to Economics and some universities openly discourage students from taking certain combinations of A-level subjects.
During the whole UCAS application process, I started to explore my degree options with the help of the career days my college would run and my own personal research. I quickly realised that there were many different degrees out there to choose from and also many different universities that had slightly different course structures for the same degree. I briefly entertained the idea of taking a degree in Mathematics but found that the requirements were very high and some universities even wanted me to have done Further Mathematics.

I eventually chose to go for an Accounting and Finance degree because it had excellent graduate prospects, from my research I found that Accounting and Finance graduates had a greater chance of being professionally employed within 6 months of leaving university. The degree also has a real-life application, I wanted to study something that could equip me with practical skills that I can then use to start my professional career. It was also very important for me to go for something that would enable me the chance to build a career rather than just get a job to pay the bills. For me a career is something long-term and that has the opportunity for progression.
There are also many Graduate schemes available for this degree, which I saw as a potential opportunity to work for an already established company with a structured training programme and clear career progression. I felt that it was a reliable degree option because there will always be demand for accountants as long as businesses exist and money is still a current medium of exchange. A degree in Accounting and Finance also opens the door to work in any industry, the skills acquired during the degree can be applied to any business. Likewise, there is the opportunity to work overseas, although there are some minute differences in accounting depending on the country, the general ideas are the same.

Overall, in a way Accounting and Finance is a joint honours degree and is treated as such at other universities. Finance is the science of planning the distribution of a business’ assets and Accounting is the art of the recording and reporting financial transactions. I believed studying an Accounting and Finance degree rather than simply an Accounting degree would widen my business knowledge and be useful in a global marketplace.