Wonder Blog

Blog Details

Accounting vs Finance


Accounting vs Finance

Accounting focuses on the day-to-day management of financial reports and records across the business world, finance uses this same information to project future growth and to analyze expenditure in order to strategize company finances.

So finance degree students will likely be more interested in financial strategy and control, while accounting degree students will be more focused on professional principles and processes, used in order to manage numbers rather than influence them.



Typical course content


  • Auditing
  • Budget analysis
  • Business strategy
  • Financial accounting
  • Financial reporting
  • Forensic accounting
  • Information systems
  • International accounting
  • Macro/microeconomics
  • Management accounting
  • Professional standards and ethics
  • Quantitative analysis
  • Risk management
  • Tax accounting



  • Advanced derivatives
  • Asset markets
  • Behavioural finance
  • Corporate finance
  • Economics/econometrics
  • Financial mathematics
  • Financial management
  • Financial markets
  • Financial planning
  • Financial engineering
  • Financial accounting
  • Financial reporting
  • International finance
  • Private equity
  • Risk management
  • Venture capital




If you like accounting, then you should pursue B.com(Hons). Otherwise, BSc (Finance) is the best undergraduate degree for finance. If you want to get into Investment banks, then Bsc(Finance) will really help. You can pursue NSE certifications + FRM and CFA L1 in the final year simultaneously as it will be the best combination.


The Bottom Line

While degrees in BCom and finance differ in their details, both can lead to lucrative careers with both small and large companies. A bachelor's degree in Commerce offers a broad grounding in the world of Commerce, Accounting and Taxation while a bachelor’s degree in finance tends to be more specialized, placing greater emphasis on investments and financial institutions.