Accountancy and finance degrees are varied, interesting and practical and they require a range of different skills, some of which you may already have. If you’re thinking about accounting study, here’s our guide to the top skills that you need to make a first rate accountancy degree student.
Obviously, a proficiency for numbers is an important skill when studying accountancy and finance, and it’s worth paying attention in maths. A clear, analytical mind is hugely important, being able to analyse a problem from different perspectives and come up with the best solution is a brilliant skill, and an accountancy degree will help you to develop and fine tune this.
You’ll need to be able to work as part of a team, as well as take initiative for your own learning and self-study, and these skills will be vital as you look for work after your degree. Communication is another important skill for accountancy students as you’ll be asked to explain complex ideas clearly and knowledgeably. It’s important you can communicate clearly and confidently as you give reports and presentations.
Accounting study can be demanding and a strong work ethic is essential for successful students. If you are happy to take on new challenges and work really hard to achieve your goals, accountancy might be the perfect degree for you.
Accountants often have lots of different tasks at the same time and your ability to balance these will be important. An organised mind and an ability to evaluate which tasks are important and in what order you’ll do them are key. If you made and stuck to a study schedule or your notes are in alphabetical order, accountancy will suit you perfectly.
It’s important to be interested in the wider world of business and finance when you accounting study, as this is where you’ll be working. At Mont Rose, in your degree final year you’ll study International Finance and UK Taxation so it’s important that you maintain an interest in the business world. Make sure you keep an eye on the business news or read the business section in the newspaper, so you can see how what you’re going to learn fits into the wider world.