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Finance & Accounting

Optional focus in Business Administration

The focus for analytical and number-oriented merchants

 

In the dual study program of Business Administration with a focus on "Finance & Accounting," students are not only optimally prepared for a career in finance but also receive training specifically aimed at mastering the complex challenges in this field.

This specialized focus provides a comprehensive understanding of the financial processes, accounting, and financial management in companies of all sizes.

Students learn how to evaluate financial risks, make strategic investment decisions, and develop effective financial strategies aimed at sustainably increasing company value. Particular emphasis is placed on developing analytical skills and a critical understanding of financial decision-making processes.

The practical training at NORDAKADEMIE is characterized by a unique combination of solid theoretical foundations and the application of this knowledge in real business scenarios. Through this methodology, students are not only equipped with the necessary expertise but also with practical experiences that enable them to develop innovative solutions to complex financial problems. Furthermore, the practical phase in companies during the studies provides valuable insights into the current trends and challenges in Finance & Accounting.

Graduates of the Finance & Accounting focus are therefore ideally prepared for the diverse challenges and opportunities they will encounter in the Finance & Accounting sector. With their in-depth knowledge, practical experiences, and ability to analyze and solve complex financial issues, they are well-equipped to succeed in a dynamic and constantly evolving industry.

Aktenkoffer

Career

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Future

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Variety

Facts

Start of study

Usually on October 1 of the respective year

Duration of study

7 semesters regularly

Degree

Bachelor of Science in the chosen degree with focus in Finance and Accounting / total 210 ECTS credits

Cycle

13 weeks per term at the partner company, 10 weeks per term at NORDAKADEMIE

Tuition fee

Paid by the partner company during the standard period of study

Finance & Accounting

Information about the focus

Studying Finance & Accounting - what does it mean?

Finance & Accounting deals with managing a company's finances and the systematic recording, analysis, and reporting of financial transactions. The goal is to create a solid foundation for financial decisions that support liquidity, investments, and the company's long-term growth.

In the fourth semester, the focus is on the elementary foundations of international accounting, where students learn how global financial markets function and the role of international accounting in this process.

In the following fifth semester, students deepen their knowledge in the area of Financial Business Planning, engaging with complex financial strategies and planning techniques.

The sixth semester is dedicated to selected aspects of finance and accounting, with a special emphasis on the analysis and evaluation of financial information.

The seventh semester completes the education with a focus on Performance Measurement, where students learn how to measure and evaluate a company's performance to assess its financial health and efficiency.

Additionally, students specializing in this area write their bachelor's thesis in Finance & Accounting.

Overview of specialized modules:

4th Sem.: Foundations of International Accounting

5th Sem.: Financial Business Planning

6th Sem.: Selected Aspects of Finance and Accounting

7th Sem.: Performance Measurement

Graduates of the Financial Management & Accounting major are qualified for a variety of career paths. Thanks to their in-depth knowledge, they can work in areas such as controlling, external accounting and reporting, financial planning, financial engineering, auditing, investment management, and management consulting.

In these positions, they often act as business partners on par with top management. Their analytical skills and deep methodological knowledge enable them to support the executive management in important decision-making processes, thereby contributing to the management and success of the company.

Students specializing in "Financial Management & Accounting" acquire the competence to support companies in securing their economic viability and to advise management on financial future planning.

Specifically, students in the specialization Financial Management & Accounting develop the following skills:

  • You can analyze the financial situation of the company and take the right measures to ensure the company's financial stability in the long term.
  • You can measure, evaluate, and manage the company's performance in financial, ecological, and social terms.
  • You are familiar not only with the national accounting regulations but also become an expert in international accounting standards.
  • You acquire the competence to place financial aspects in the overall strategic context.
  • You acquire the competence to accompany company acquisitions and mergers.
  • You gain insights into the latest developments in finance and accounting practices.

What you should ideally bring:

  • Analytical skills
  • Communication skills
  • Business acumen
  • Openness to modern accounting tools
  • Resilience

dual bachelor's degree program

Your direct contact.

Would you like to find out more about the focus on Marketing or do you have any general questions? We will be happy to help you personally:

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AnetteRostock

Anette Rostock

Schülermarketing & Vertrieb