Quizzes & Puzzles1 min ago
Business Studies / Economics
4 Answers
What is the difference between the two subjects?
and which is the most suitable for a career in Accountancy?
and which is the most suitable for a career in Accountancy?
Answers
Best Answer
No best answer has yet been selected by Bubblegum. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Business studies is based on businesses and economics is based on the economy as a whole although there is some overlap hence many degrees are combined business economics. Most suitable for accountancy? Neither- skip the uni part and go straight into a trainee accountant position - you have to do at least a 3 year accountancy qualification regardless of whether you have a degree or not - so why not avoid all that student debt!
Thats what i did anyway!
Thats what i did anyway!
I'd look at websites for the following: AAT, ACCA, CIPFA, CIMA as they all offer accountancy qualifications which you can study part time while working. They are basically all practical, vocational qualifications for an accountancy career, while a degree in accounting doesn't actually train you to double-entry bookkeeping (for example!)
Do the Diploma in Certified Accountancy. Its a 2 year course run by some Universities, which you do after A'Levels fulltime and this will get you exempted up to the last 4 exams of ACCA (Certified Accountants exams).
You will then have the 1st of the last 4 exams to sit by itself.
The ACCA exams are now pass one keep one basis I think, therefore you wont have to pass final exams altogether. Any you pass you keep.
Therefore you could get a job after the 2 year fulltime diploma and then qualify in a further year.
Rather than doing a 3 year degree then having to do professional exams after that.
You will then have the 1st of the last 4 exams to sit by itself.
The ACCA exams are now pass one keep one basis I think, therefore you wont have to pass final exams altogether. Any you pass you keep.
Therefore you could get a job after the 2 year fulltime diploma and then qualify in a further year.
Rather than doing a 3 year degree then having to do professional exams after that.