Riphah’s BS Accounting and Finance program has an 85% job placement rate, helping graduates find jobs quickly after finishing their degree.
Imagine a world without financial experts and accountants. It would be impossible for businesses to file taxes, handle their finances, or make wise decisions without them. There would be financial chaos everywhere. Thanks to the accounting and finance industries, that this is not the reality in our world. Gaining a Bachelor’s Degree in Accounting and Finance is a way to a promising future. Read this piece of writing and get to know about the emerging trends that are impacting this dynamic field.
Why Do We Need Accounting and Finance Experts?
When anyone buys something, pays bills, or saves money. They are involved in basic financial activities. Now, think about these actions on a much larger scale in a business or corporate setting. This is where accounting and finance professionals are important. They guarantee the accuracy of all financial books, transactions, timely tax payments, and the ability of businesses to make good financial decisions. The companies would struggle to survive and grow without these experts. This is why a Degree in Accounting and Finance is worthy in 21st century as it is the pillar of any successful business.
What Is Accounting and Finance?
Accounting and finance work hand in hand to manage money at different organizations. Accounting is the process of recording, summarizing, and also reporting the financial transactions. Than consider it as keeping the detailed record of all financial transactions. On the other hand, finance focuses on managing and growing financial resources. This covers everything including investing, budgeting and planning to achieve future financial objectives.
They work together to ensure that money is used efficiently and effectively within an organization.
What Exactly Do These Experts Do?
Professionals in accounting and finance work in various environments, like financial institutions, government offices, non-profit groups, and corporate offices. They perform tasks such as:
Financial Reporting: They create reports and financial statements that provide a view of the financial health of an organization.
Auditing: They check financial records to ensure accuracy and fulfillment of legal requirements.
Taxation: They handle tax calculations. They also make sure companies pay their bills on schedule.
Planning your finances: They offer guidance on longer term financial strategies, budgeting, and investments.
Risk Management: They identify financial risks and also find ways to reduce them.
Institution offering BS Accounting and Finance
If you are looking for a place to study accounting and finance, Riphah International University is an excellent option.
Why should you choose Riphah International University?
The BS in Accounting and Finance program at Riphah is not only comprehensive but also has an impressive 85% employability rate after graduation. This indicates that a large percentage of graduates secure jobs faster compared to other institutions. Riphah’s program is accredited by the National Business Education Accreditation Council (NBEAC) of the Higher Education Commission (HEC). Moreover, the program is ACCA accredited since Jan 2024, for 70% exemption in ACCA. This guarantees that the education provided is fulfilling strong academic requirements. The university has over 40 national and international industrial partnerships. It provides students with essential networking opportunities and practical knowledge.
What About Salary Prospects?
Besides the learning outcomes financial benefits of this degree in accounting and finance are rewarding. In Pakistan, the graduates receive salary depending upon their qualifications and experience. If these students wish to explore careers in international market the scope is equally promising in United States. The amount of expected salary highlights the strong demand for this career path.
What Does the Future Hold for Accounting and Finance?
Accounting and finance degree holders have a bright future ahead of them, full of opportunities and challenges.
With technology advancements, professionals in this field should keep up with the most recent tools and trends.
Getting a degree in Bachelors in Accounting and Finance from a reputable institution like Riphah International University can provide a foundation for a successful career.
Whether to become a certified public accountant, financial analyst, or auditor, the abilities and knowledge gained from this field guarantee a brighter future.