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A new report has found that "fast-track" degrees can have practical and financial benefits for students.

The concept of degrees lasting two years, rather than the normal three, has been well-received by many students who are keen to avoid huge student debts and who want to get into the job market as soon as possible.

The Sheffield Hallam University report said that such accelerated learning programmes were particularly prevalent in countries where students had to pay tuition fees.

As reported by the BBC, the research states: "In such cases, accelerated learning programmes are responding to the needs of an increasingly diverse and career-focused student body and the flexible and ever-changing demands of employers."

Students were generally positive about the affect shorter degrees could have on their financial circumstances and employment chances. Students on such courses felt that their costs were lower than those undertaking three-year degrees.

They also felt the intensive nature of the courses showed potential employers they were committed and could work hard.

Professional bodies and employers questioned also gave a largely positive response.

Bill Rammell, higher education minister, said: "I would… like to stress that Fast Track degrees are certainly no easy option.

"Students who can apply themselves to complete a full honours degree in two years will have the skills and attitude required to succeed in some of the most demanding professions."