BA (Hons) Accounting and Finance

Year 1

• Introduction to the business world of accountancy and finance. Learn how to control company finances and report company performance. Understand the important role that economics and data analysis play in the success of every business.

Core modules

• Introduction to Accounting (ACF4001)

This module gives you an introduction to accounting. It focuses on the double entry bookkeeping system and how transactions are recorded in businesses. You will learn how to record transactions and events, formulate a trial balance, create basic financial statements and interpret financial information using ratio analysis.

• Principles of Economics and Finance (ECN4001)

This module provides an introduction to core principles of both economics and finance. It explores some basic concepts and techniques involved in economic and financial analysis at an introductory level and considers the relevance of economics and finance to broad areas such as business decision-making and risk management.

• Data Analytics for Business Decision Making (ECN4003)

The module introduces the area of data analytics and the role of data in business decision making. You will explore the use of accounting, economic and financial data and common decision making/analytical frameworks in informing business decisions. You will go on to examine major themes of management decision making (i.e. processes, models and analytical methods) and basic statistical analysis in the context of supporting and informing a number of key business decisions (e.g. pricing, investment).

• Business Law (LAW407)

This module will introduce you to the legal framework and key areas of law which affect business, including basic principles of contract and tort; company law; the impact of criminal law on business and professional services; and the impact of law in the professional content, such as for example, key elements of employment law and the protection of information.

Year 2

• Learn how to create and manage budgets and develop your core accounting skills. Choose to examine stock markets in our Bloomberg Interactive Learning Suite or learn about key aspects of taxation for businesses. Discover how to manage a company’s finances to maximise its performance and how to manage a business responsibly and ethically.

Core modules

• Management Accounting (ACF5001)

This module provides you with a comprehensive coverage of management accounting. You will study areas such as budgeting, costing and variance analysis before progressing onto strategic management accounting, financial planning and control in modern organisations.

• Financial Accounting and Reporting (ACF5004)

This module explores the presentation and interpretation of an organisation's financial statements, including consideration of the UK financial reporting regulatory framework and current reporting issues. Further financial reporting topics such as accounting for foreign currency transactions and accounting for business combinations will be covered. Students will also explore current developments in financial and non-financial reporting.

• Challenge Module (ACF5005)

Through this module you can select from a choice of topics related to the big challenges business and society are facing today. These might be drawn from the UN Sustainable Development Goals or a country’s industrial strategy.

• Careers and Professional Development (PBS500CPD)

This module is aimed at enhancing students employability skills and knowledge especially those who will be undertaking an industrial placement in the third year of their degree. It is designed to build on skills learned in Stage 1 and helps students in their search for a placement, and in their preparation for the placement itself.

Optional modules

• Financial Institutions and Markets (ACF5002)

This module deals with financial markets, instruments, and institutions. You will examine the bond market, the stock market and the foreign exchange market and explore investment banking and mutual funds.

• Taxation (ACF5003)

The module introduces you to the UK tax system, providing you with the necessary technical skills and underpinning knowledge to be able to prepare tax computations for UK companies and individuals. Alongside the technical focus, you will explore the principles and rationale behind the functions of the tax system and discuss current issues in taxation.

• Academic Skills for International Direct Entry Second Year Students (DEAS200)

The short, not for credit module will teach academic skills (including, but not limited to, time management, groupwork, information literacy and some basic critical thinking) to second year IDES. It is based in the middle of the first term.

• Optional placement year

• In your third year, you can choose to do a placement year, taking the opportunity to earn a salary while getting hands-on work experience. You’ll develop your financial flair and build confidence to help you in your future career.

Core modules

• Placement Year (PBS600PLC)

The placement year consists of an extended period of appropriate professional experience in a business or organisation. It allows the student to gain relevant experience to consolidate their studies and prepare for final stage study and employment after graduation. Students on BA International Business may also or alternatively undertake a study placement at an approved partner institution.

Final year

• Apply core knowledge to decide whether a business should undertake a major investment project. Learn how a company is financed and how cash is managed effectively. Undertake a business-specific research project and choose to learn about auditing or financial modelling.

Core modules

• Business Research (ACF6001)

In this module you will carry out empirical research of an accounting or finance related topic using appropriate analytical and statistical techniques.

• Investment Management (ACF6002)

In this module, you will develop a broad understanding of equities and bonds as investments, considering their pricing and use in investment management along with that of derivatives. In addition, you will explore core concepts in finance including market efficiency, diversification, risk, portfolio building and evaluation.

• Corporate Financial Management (ACF6005)

This module provides a comprehensive coverage of management accounting. You will study areas such as budgeting, costing and variance analysis before progressing onto strategic management accounting, financial planning and control in modern organisations.

• Credit Management: Theory and Practice (ACF6006)

You will gain an in-depth knowledge of how to manage trade, consumer and export credit, exploring the economic importance of credit and the contribution it can make as a competitive device to add value to organisations.

• Continued Careers and Professional Development (PBS600CPD)

The Continued Career and Professional Development module is a development scheme designed to enhance students’ employability and builds on the stage 2 module. The stage 3 module focuses on providing students with information on graduate options and equips them with the knowledge and skills necessary for articulating and recording achievement and applying for graduate positions. The module also includes a number of workshops and events designed to develop students’ skills and knowledge, with the purpose of filling gaps in their CV’s and enhancing their employability.

Optional modules

• Auditing (ACF6003)

In this module, you will consider and discuss the need for audit in society as well as the views of those critical of today’s audit function. Studying auditing scandals will help you to understand and appreciate not only the challenges faced by the auditing profession but also how current auditing standards and regulation has been developed. You will learn how to audit through studying the theory behind the audit process and then how to apply the theory using practical examples.

• Financial Modelling (ACF6004)

The module covers financial modelling for bonds and rates, equities, currencies and options. While analysing and modelling each category of securities with specific and pertinent approaches, it stresses the underlying principles governing all valuation processes. The module also equips the students with the skills to use software, such as Excel, for implementing models and perform analysis.

• Academic Skills for International Direct Entry Final Year Students (DEAS300)

This module focuses on the study skills required for the study of business in UK HE for international direct entry final year students, it provides generic skills for students who are new to UK HE, such as information literacy, criticality, different types of assessment, assignment briefs, preparation and planning, and marking rubrics.