Rakesh Rana - Undergraduate - University of Derby


Derby Business School Student Profile Rakesh Rana

“The degree taught me the foundations of accounting and finance and laid the foundations for my career”
Rakesh Rana

Rakesh studied Accounting and now works as a Gross Margin Accountant at Electrocomponents in Corby, Northampton. 

Accounting and Finance at Derby

The course taught me the foundations of accounting and finance and the relevant theories and vocational activities needed to be successful in the finance sector. It certainly laid the foundations for my entry into the 'real world'.

The financial modules were all relevant for today's financial markets, and many modules included management and accounting techniques such as forecasting, budgeting, cash flow management and reporting, all of which I use in my current role.

My career

After graduating I went straight in to employment with AGCO (Massey Ferguson) as a Strategic Business Analyst. I now work for Electrocomponents one of the worlds leading distributors of electronics and maintenance products, as a Gross Margin Accountant.

This involves providing an insight to our internal and external stakeholders and directing the business and senior management in making robust decisions with relevance to gross margins, with the aim of increasing our bottom line profitability. This year (2011) we achieved a ground breaking £1 billion in sales and phenomenal growth in the industry, making us one of the key players with a global presence.

Professional accreditation

I would absolutely recommend studying at Derby. The degree includes exemption from some elements of the ACCA and CIMA professional qualifications. This was useful as I went on to take my CIMA qualification at Derby to become a fully qualified Chartered Accountant, which I am still studying for.