Awards
Target Award
Award Description:Bachelor of Science with Honours - BSH
Alternative Exit
Alternative Exit
Alternative Exit
Recruitable Target
Alternative Exit
Alternative Exit
Accreditation
Association of Chartered Certified Accountants (ACCA)
Chartered Institute of Management Accountants (CIMA)
Chartered Institute of Public Finance and Accountancy (CIPFA)
Institute of Chartered Accountants in England and Wales (ICAEW)
Programme Offerings
Full-Time
F2F-JMU-SEP
Sandwich Year Out
F2F-JMU-SEP
Educational Aims of the Course
The specific aims of the Accounting and Finance degree programme are to enable the student to:
1. Undertake a rigorous study of the theories and techniques related to accounting and financial management.
2. Acquire and develop the practical skills that are essential within an accounting and financial environment.
3. Define a course of study in accounting, finance and related subject areas that reflects their particular interests.
4. Develop the personal and key skills that will improve their ability to work effectively on their own and within teams, and to be able to meet the challenges of working in a changing environment.
5. Prepare either for a career in accounting, finance and related business disciplines or for further relevant academic study.
6. Engage with the development of employability skills by completing a self-awareness statement.
Learning Outcomes
1.
Explain the legal, social and economic environment underpinning the subject areas.
2.
Apply basic and more complex accounting techniques in both financial and management accounting.
3.
Apply the Regulatory Framework of Accounting to various situations.
4.
Explain the theory underpinning accounting and finance.
5.
Identify and use current research in technical and theoretical areas of accounting and finance.
6.
Apply decision-making techniques in the corporate environment with regard to investment appraisal, risk management and financial structure.
7.
Identify and apply decision making tools to review organisational performance.
8.
Critically evaluate, analyse and interpret complex data.
9.
Make decisions based on complex technical data.
10.
Develop rational and cogent arguments concerning complex accounting or financial situations.
11.
Critically assess accounting and finance theory and practice in the context of the social, economic and political environment.
12.
Through independent research, find and select appropriate information from a variety of sources.
13.
Apply specific IT software packages relevant for accounting and finance.
14.
Apply basic quantitative techniques and statistical analysis.
15.
Communicate effectively both orally and in writing, in manners appropriate to the target audience.
16.
Participate effectively in a group and make group presentations.
17.
Work independently.
18.
Manage time effectively, plan and prioritise work and meet deadlines.
Teaching, Learning and Assessment
Acquisition of knowledge is through lectures, workshops, seminars and online VLE content. Within workshops and seminars the use of individual exercises, group based work, case study work and IT based work is utilised. The use of online VLE content is used to further reinforce knowledge and understanding. Throughout the programme, students are encouraged to undertake independent reading both to supplement and consolidate what is being taught and to broaden their individual knowledge and understanding. The use of online VLE content is used to further reinforce knowledge and understanding and consolidate learning. Testing of the knowledge base is through a combination of unseen written examinations and assessed courseworks. There is a mix of courseworks across the programme which include: reports, portfolio, presentations, IT-based coursework and in-class tests. Throughout the programme teaching involves group discussions, case study work and scenario based work which are specifically designed to encourage students to think critically, to consider alternative points of view and to apply knowledge. Unseen written examinations and courseworks are designed to provide opportunities for students to demonstrate their intellectual skills. These assessments will also allow students to demonstrate their individual wider reading and research application. The acquisition of practical skills will be developed within individual modules via workshop, seminar and online VLE activities. Transferrable skills will be developed throughout the programme. The programme will provide students the opportunity to develop a range of skills and attributes appropriate for a career within accounting and finance. Transferrable skills will be assessed through a number of modules. The nature of the discipline will mean that students will have to deal with complex information within assessments. This information will often be numerical in nature with students applying the correct problem solving techniques to achieve the learning outcome. Oral presentations will also play an integral role across a number of modules. Formative assessment will be used to encourage students "to think on their feet" and evaluate performance. Summative assessments will further develop and enhance skills in research and IT application.
Programme Structure
Programme Structure Description
The programme is offered as a three-year full-time or four-year sandwich programme.
The programme operates within the University Academic Framework and is divided into study units called modules. All modules on the programme from level 4 to level 6 have a credit value of 20 credits. Each 20 credit module … For more content click the Read More button below.
A student studies for 120 credits in each academic year. 360 credits (three-year programme) or 480 credits (four-year sandwich programme), comprising of a year long industry placement or study year abroad, are needed for the award of BSc (Hons) Accounting and Finance. Students that take the four-year sandwich (comprising of a year long industry placement) will be expected to complete 5006LBSAF Placement Year module whilst on placement.
Students that take the four year sandwich (comprising of a study year abroad) can take up this opportunity following their Level 5 study at LJMU. Students will be enrolled on a 480 credit programme. Of those 480 credits, 120 will be taken via a Level 5 study abroad module (5007LBSAF). The modules to be studied in the host institution must be agreed in advance. The grade for this module will be determined by the Faculty Recognition Panel upon receipt of a transcript from the host institution. The Level 5 mean for the final award mark will be calculated based upon the 240 credits at Level 5.
Students can choose either the study year abroad or the year long industry placement.
Alternative/Exit awards.
If students achieve 300 credits with 120 credits at Level 4 and a further 180 credits at Level 5 and Level 6 of which at least 60 credits must be at Level 6, students can be awarded a Bachelor degree (BSc) as an alternative/exit award. If students achieve 420 credits with 120 credits at Level 4 and 300 credits at Level 5 and Level 6 including 120 credits of either placement year or study abroad, students can be awarded a Bachelor degree Sandwich (BSc S/W) as an alternative/exit award. 60 credits of the 300 credits must come from Level 6.
If students achieve 240 credits (120 credits at Level 4 and Level 5) they can be awarded the Diploma of Higher Education (DipHE) as an alternative/exit award. Students that achieve 240 credits plus the completion of a year long industry placement or study year abroad can be awarded the Diploma of Higher Education Sandwich (DipHE S/W).
Students that achieve 120 credits at credits at Level 4 can be awarded the Certificate of Higher Education (CertHE) as an alternative/exit award. This programme structure applies to students starting the programme from September 2022 onwards. The programmes previously validated programme rules apply to existing students.