Dr Androniki Triantafylli, Specialism Convenor of the Accountancy pathway, speaks about her interest in accounting, the situation in Greece, and how the Global MBA is tailored to your local knowledge wherever you are in the world.
It’s a family tradition – my father used to be an accountant. That was my first contact with accountancy.
But I don’t think that’s the main reason that I became an academic. I think it’s because accounting gives me the opportunity to see through the whole picture of a business, not only to see the financial aspect of accounting but also to consider qualitative aspects of accounting that play a very important role in a business.
On the financial crisis in Greece
The crisis has been a very hot topic. Currency devaluation is not possible because of the Eurozone. Abandoning the Euro is a risky approach. A country in this position should always weigh the pros and cons, and apply what we refer to in accounting as a cost-benefit approach.
The problem is that the government can’t know how much the currency would be devalued. History has shown us cases where this has been successful, but also some recent cases – like Argentina, for example – where the currency has not managed to recover.
At the moment, the IMF has proposed the reduction of the debt as being a more viable option, rather than exiting the Euro and devaluation.
On the Global MBA
The international character of accounting that we want to introduce will enable students to tailor their study, and their dissertation, to their own experience and environment.
At the same time, they will gain knowledge which they can apply to their specific work context.
We take an international approach. So, for example, we don’t just teach western-based accounting, which cannot be applied in Africa or Asia. Quite the opposite. We present ideas from around the globe, which can be adapted to students’ environments.
Androniki Triantafylli is a Lecturer in Accounting and Finance at Queen Mary University of London. She received her PhD with Distinction from Athens University of Economics and Business in 2009. See the full interview on London Connection.