Heres a quick overview of the BSc degree in Management Sciences and Accounting offered by the Management School at the University of Southampton for prospective students.
The management sciences component of this BSc degree in Management Sciences and Accounting applies a rational, analytical approach to management, to improve organisational performance.
Using modelling, simulation and other analytical techniques, a management sciences approach can identify alternative strategies and guide practical action.
The accounting component of the BSc Management Sciences and Accounting degree course is concerned with the provision and analysis of information for a variety of purposes.
These include: regulation, resource allocation, and a range of other decision making tasks, both within and outside an organisation.
It is informed by a range of perspectives including those from economics, mathematics, behavioural and political science, psychology and sociology.
Both the management sciences and accounting components of the BSc Management and Accounting degree course carry equal weight in terms of assessment.
At the University of Southampton we have a great track record for producing high-calibre professionals who move into good careers soon after graduation.
A recent survey of Management School graduates showed that 89 per cent were employed or undertaking further study within six months.
This degree in Management Sciences and Accounting is recognised by the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA), and the Association of International Accountants (AIA).
This recognition means that graduates from the BSc Management Sciences and Accounting degree course will receive exemption from some professional accountancy examinations, depending on what modules they elected to undertake.
It is possible to find out more information about the BSc degree in Management Sciences and Accounting at the University of Southampton by visiting the Management Schools website.
All you have to do is go to www.southampton.ac.uk/management
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If you are thinking about applying to enrol on the MSc Accounting and Finance masters degree at the Management School at the University of Southampton, then here is a quick overview of the course.
The Accounting and Finance MSc course is designed to meet the needs of students who have some knowledge of accounting and finance and who wish to extend their knowledge to an advanced level.
Students who have studied very little accounting or finance and have little relevant work experience are likely to find the programme very challenging indeed.
This MSc Accounting and Finance masters degree course consists of a core covering the main areas of accounting and corporate finance, and a research methods course that supports the dissertation.
Options available on this programme of study allow students to study particular aspects of accounting or taxation in more depth.
For example, there is a pathway within the programme that allows students to concentrate on research-oriented training and more advanced aspects of accounting and finance.
Your understanding of the subjects covered and your ability to use the knowledge and skills gained will be enhanced through a variety of methods and strategies on the MSc Accounting and Finance masters degree.
If you wish to apply to study this MSc in Accounting and Finance you should complete a University of Southampton application form and return it to the Academic Registrar.
Your application to study MSc Accounting and Finance will be carefully considered by a specialist member of the academic staff who will weigh up many factors; not only your academic achievements, interests and aptitudes, but also your motivation and your referee’s confidential report.
At the Management School we make our decisions in most cases on the application form and supporting documents alone. However, candidates who require special consideration, e.g. on grounds of age, disability or non-standard entry qualifications may be interviewed.
As long as there is business, the field of accounting will exist and thrive as an accompanying necessity. The relationship between accounting and the business is one that mirrors the relationship between a doctor and patient. Like doctors, accountants are instrumental in diagnosing and communicating the financial health of a business.
While the perception of accounting involves the meticulous crunching numbers, accounting is actually the language of business. Learning to speak the language of business requires some type of accounting training or business training, which opens the door to a nearly infinite amount of career opportunities.
Before you jump into an accounting training course head first, the best way to propel your second career is by specializing in one specific area of accounting. The following areas explain the major sectors within the accounting field.
Public accounting refers to the general type of accounting that serves public entities, such as businesses, consumers, government agencies, and nonprofit agencies. Management accounting encompasses the use of accounting information and provisions by management to make vital decisions. Commonly, this information is used to make day-to-day transactions and decisions regarding purchases and every other facet of business.
Forensic accounting involves the investigation of white collar financial crimes through the analysis of the number trail. Very often, forensic accountants are summoned to court to testify in trials and hearings. Government accounting refers to the accounting system used in governments to record and report the various transactions. While public accounting is concerned with profits, government accounting involves the recording, classifying, summarizing, and to court to testify in trials and hearings.
Internal auditing involves the analysis of internal transactions to identify processes that are wasteful, fraudulent, or those that are very efficient. This branch of accounting training generally focuses on impactful internal practices and prevention.
If none of the areas of accounting genuinely interests you, an even wider world of business awaits you. The field of business includes several areas such as marketing, management, information systems, administrative support, human resources, sales, and customer service. Business training teaches prepares you with the essential skills and hands on experiences that will propel your second career in business. A few areas that are commonly offered in business training are listed below. Customer service is a form of business training that involves learning the best practices, methods, and techniques that are used to consistently diffuse irate customers and deliver stellar service.
Human resource training covers the legal matters surrounding the profession along with best interviewing practices and other issues surrounding people management. Sales training involves the communication of the most effective sales techniques and practices. This training also includes subjects such as reading body language, the importance of building trust or rapport with the customer, and active listening.
Professional communication entails the best practices, grammar skills, and various types of communications used for both internal and external business communications. In addition, this business training also covers niche areas such as technical writing.
Visit Academy of Learning College for other career paths like IT training.
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Accounting as a career, has been gaining huge prominence among the masses for the vast career opportunities it provides. Accountancy is a very diverse field and almost every firm requires professionals who are proficient in this field. However, one needs to follow some essential steps to start a career in accounting.
To begin with, one needs to zero in on the field of accounting, that you have chosen to enter. There are many facets to an accounting career and candidates must be sure of the field that they want to venture in to. In the field of accountancy, candidates have a myriad of options to choose from. One can become an auditor, a management consultant, a financial officer, an analyst, and Tax Accountant. All of these fields are considered highly lucrative in today’s job market.
It is also essential to research as much as possible about the information related to your chosen field of accountancy, such as the college or university thoroughly. It is also important to understand the importance of picking the right college for your course. You should consider the placement records of the university, which highlights the quality of education being provided.
It is possible to start off as a junior accountant or as a trainee in an organisation after graduation. This will provide you with valuable experiences as well as knowledge about accounting. Moreover, this will give you the opportunity to start your career in accounting and grow in this field. In addition, one must try consulting accounting professionals and teachers who are knowledgeable about this specialised field and who can offer you a lot of information from their own experiences.
Being a freelancer in this field is also considered a promising career. However, you will be required to have more experience along with a good network of contacts, in order to bring in clients. Interested clients can also try other specialisations in accounting, such as forensic auditing. In forensic auditing, one will be responsible for investigating crimes associated with company’s finances and also detect tax fraud. Furthermore, becoming a teacher of accounting is also a highly sought after and widely demanded profession in accounting.