Get A UK Degree When Studying Accounting & Finance at VNU-IS

Let’s take a look at our distinctive Bachelor program of Accounting & Finance awarded by the University of East London (UK)

Sc: Kelly Sikkema from Unsplash

Making up for half of the FAME subjects (Finance, Accounting, Management and Economics), many students choose an Accounting & Finance program because of its lucrative field and higher chance of employability, as almost every field in business is influenced and controlled by monetary issues and financial activities. Vietnam National University, Hanoi – International School, proudly provides you with our distinctive Bachelor program of Accounting & Finance awarded by the University of East London (UK).

Outline:

1. What is Accounting & Finance? 

2. What will I gain from studying Accounting & Finance?

3. What can I do with an Accounting & Finance degree?

4. Where should I study Accounting & Finance? 

5. Admission

 

1. What is Accounting & Finance?

Most of the time, Accounting is considered to be a science that is utilized to analyze and maneuver financial data for businesses and the public. It involves recording, classifying, summarizing, and interpreting financial information. They are also the key parts of a procedure called “accounting process” or “accounting cycle”.

How important is Accounting in Business? Accountants have to check the details and the accuracy of data and paperwork such as financial transactions, records, statements for individuals or businesses. They make sure that their organizations or their clients are implementing the law and taxation policies. They prepare financial documentation and present their findings to individuals or the management of the company. Sometimes, with the overlooking viewpoint, they can be a trustworthy business consultant. Therefore, Accounting is likely to be the most vital aspect of any business.

Sc: Markus Spiske from Unsplash

Besides, Finance refers to the management of money, including with some related activities to maintain and raise funds to the best in interest while handling with underlying risks or uncertainties. In short, a finance department of any business or institution has to look at a broader view of the operation and the enhancing potentials in order to carry out innovative strategies & solutions. As accountants focus on dealing with the past transactions, their work will support the financial specialist to make better decisions with informed reports and statements. In other words, a financial worker looks at the whole, while an accountant looks in detail.

2. What will I gain from studying Accounting & Finance?

During and after studying Accounting, Analyzing and Auditing at VNU-IS, students will be able to:

• obtain the basic knowledge of accounting & finance and many supporting skills, especially the proficiency in dealing with numerical issues; technical skills for using office softwares; and research skills

• acquire an in-depth understanding of industry practices and principles and up-to-date knowledge of modern business practices

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• improve critical thinking, problem-solving skill and an excellent analytical skill

• demonstrate interpersonal skills, or customer service skills particularly when accountants often have to work with their clients to focus on dealing with their issues, paperwork and building strategies to develop a sustainable business

3. What can I do with an Accounting & Finance degree?

3.1. In Financial Department

Accounting & Finance graduates can seek chances in many organizations, businesses or entrepreneurs as their knowledge & skills in the field of finance play a vital role in every department of a company/organization. Often, they’re responsible for checking the paperwork such as financial statements, analyzing the collected information and implementing new strategies to reach a business’s goal. Their career paths often are moving through jobs vertically, that is, seeking a new title, status and a higher income.

Finance is majorly divided into three segments: Personal Finance, Corporate Finance, and Public Finance. If you’re hesitating among variety choices in this field, you can have a glance at the basic types of work in Finance.

Finance Job Titles Hierarchy (Sc: blog.ongig.com)

• Personal Finance: Personal Finance focuses on managing the finance or funds of an individual and giving them financial advice to reach their goals, often are about personal savings or small investments.

  • Financial Advisor

  • Investment Consultant

  • Wealth Management Planner

• Corporate Finance: Corporate Finance has to find better ways to maintain the asset, oversee the risks & potential and come up with effective solutions to raise revenue with the least probability of precedent risks

  • Finance Clerk

  • Trust Officer

  • Stockbroker

  • Investment Banking Manager

  • Director of Financial Aids

  • Market Risk Analyst

  • Pricing Coordinator

  • Expense Analyst

• Public Finance: When working with the government, financial workers will have to handle long-term problems with a very different viewpoint and strategies with working in private entities. They often conduct research to make investment decisions with insightful reports and a high rate of feasibility.

  • Administrative Review Specialist

  • Policy Analyst

  • Finance Operation & Global Functions Analyst

  • Research Analyst

However, Finance is an enormous field with many job titles and functions that can be modified and flexible in some specific companies and corporations. For further reference, you can search for the job descriptions posted by the company you want to apply to have a clear imagination of your future career.

3.2. In Accounting Department

Accounting graduates can choose among a wide range of positions in this industry because of their flexible skills and thorough grounding. There are some typical accounting job titles which are classified below:

• Accountant: Accountants often work as employees in business organizations, sometimes they work independently as a public accountant. Typically, they will record, manage and analyze the financial reports of a business or an individual client. There are different types of accountants, however all of them have the same basic requirements and demand for good accounting skills.

  • Accounting Officer

  • Accounting Clerk

  • Accounting Supervisor

  • CPA (Certified Public Accountants)

• Auditor: Generally, an auditor’s task is checking the performance, profitability and growth potential of a business through financial statements worked by accountants. They share many similarities in work requirements and background knowledge with accountants. As we have mentioned above, they work in the same process.

  • Internal Audit Director

  • Financial Auditor

  • Revenue Tax Specialist

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• Finance Manager: A Finance Manager prepares and directs budget plans, supporting the head/managing directors with insightful advice for business operation and development in the future. They can do many accounting tasks such as collecting data for financial reports, making an annual statement and so on.

  • Director of Finance

  • Finance Manager

  • CFO (Chief Financial Officer)

Keep in mind that skills gained from studying Accounting & Finance are very flexible and applicable into many fields of business. There are some specific positions you can take into consideration, for example, accounting clerk, financial analyst, investment analyst, etc.

Take a look at our Accounting, Analyzing & Auditing Program at VNU-IS

4. Where should I study Accounting & Finance? 

According to Vietnamnews, Foreign Direct Investment (FDI) pledged to Vietnam surpassed the United States $38 billion in 2019, marking a 10-year high and representing a year-on-year increase of 7.2 per cent. Also, Vietnamese firms have invested into 32 countries and territories during the previous year. This is proof that Vietnam is a healthy, growing economy, captivating many foreign investments into this country. While studying abroad in Vietnam in an Accounting, Analysing and Auditing program, students will receive an energetic environment, have the chance to enhance their skills and broaden their knowledge through practical lectures.

 

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. KPMG is recognised by the Ministry of Finance and VACPA as the leading audit firm in Vietnam in terms of revenue,

number of clients and number of qualified accountants. VNU-IS has an honor to be in close collaboration with one of the biggest foreign corporations in Vietnam, giving our students a valuable experience to work in a professional and globalized environment.

At Vietnam National University, Hanoi – International School, students will attend updated lectures, comprehensive study materials with a lot of chances to intern for multinational corporations in collaboration with our school. As a #1st ranked university in Vietnam, VNU-IS is a pioneer in activities to maintain and develop strong cooperation relationships with many domestic enterprises as well as FDI enterprises.

5. Admission

In order to apply for the Accounting & Finance undergraduate program awarded by the University of East London at VNU-IS, students have to gain one of these qualifications:

• Baccalaureate qualification or equivalent with minimum high school GPA of 2.5 (on a 4.0 scale); or A-Level grade C (PUM range >=60); or minimum SAT reading and writing aggregate score of 1100/1600 or 1450/2400

• Appropriate English Proficiency Certifications including a minimum IELTS score of 5.5 or Level 4 of Vietnamese Standardized Test of English Proficiency (VSTEP)*

• Appropriate medical examination report for overseas study

• Sufficient finance evidence for overseas study in Vietnam

(*) Without required English proficiency certificate, students who meet other qualification and requirements will be offered to study intensive English preparation course at VNU-IS. Click here for details

When studying Accounting & Finance at Vietnam National University, Hanoi – International School, you will not only receive an open environment, enthusiastic teachers and respectable professors from Vietnam and other countries but also a promising potential for your dream career with well-prepared knowledge gained after this program.

According to the result of an independent survey from Vinatest in 2018, more than 40% of VNU-IS students get employed before graduation. What could you expect more? Explore your potential and seize the moment while studying abroad in Vietnam with us!

For admission inquiries, please contact:

Ms.Linh Dang

Email: linhdd@isvnu.vn, admission@isvnu.vn

Hotline: 024. 3555 3555 | 0983 372 988 | 0379 884 488 | 0989 106 633 or inbox directly to VNU – IS fanpage.

Website: https://admission.isvnu.vn/