Awards

Target Award

Award Description:Bachelor of Science with Honours (Fnd) - BSHF

Alternative Exit

Recruitable Target

Alternative Exit

Alternative Exit

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 technical data.
9.
Make decisions based on complex technical data.
10.
Develop rational and cogent arguments concerning complex accounting/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.

Opportunities for work related learning

Work-related learning (WRL) comprises four elements: 1. Learning about oneself 2. Learning and practising skills 3. Experiencing the world of work 4. Experiencing and learning how to manage oneself in a range of situations These are addressed within the programme by both the continuing development of graduate skills that are embedded within the programme, by campus-based WRL and by offering opportunities for off-campus WRL. The programme also delivers campus-based WRL through several modules. For example, at Level 4, 4103LBSAF Academic & Professional Awareness will expose students to skill development appropriate within accounting and finance and will provide students with opportunities to network with employers/professional accounting bodies. At Level 5 the 5103LBSAF Data Analysis for Accounting and Finance module will provide students with practical skills that are expected within the profession and the 5104LBSAF Developing Employability module provides students with opportunities to practice 'real-world' work related recruitment practice. At Level 6 module 6103LBSAF Contemporary Issues in Accounting and Finance will provide students with opportunities to identify and evaluate new and innovative topics within the industry and 6107LBSAF Financial Modelling and Valuation will provide students with the opportunity to prepare and present a pitch book. This is industry practice when advising client organisations. Students on the programme also have the opportunity to experience the world of work (off-campus WRL) via the Accounting and Finance Optional Sandwich Placement Year. Students who take the option of the placement year in a full-time job in industry for a minimum of 48 weeks in an accounting/finance role. They enter in to a learning agreement between themselves, their employer and LBS concerning their personal and professional skill development. Students complete regular learning logs which are assessed by both their LBS and workplace supervisors.

Programme Structure

Programme Structure Description

The programme is offered as a four-year full-time or five-year sandwich programme. The programme operates within the University Academic Framework and is divided into study units called modules. Modules at level 3 have a credit value of 20 credits. All modules on the programme from level 4 to level 6 … For more content click the Read More button below. Each 20 credit module represents 200 hours of student learning, study, revision and assessment. A 20 credit module would attract class contact hours in the range of 20-50 hours depending upon the nature of the subject being studied. A student studies for 120 credits in each academic year. 480 credits (four-year programme) or 600 credits(five-year sandwich programme, comprising of a year long industry placement or study abroad year), are needed for the award of BSc (Hons) Accounting and Finance. Students that take the five-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 five-year sandwich (comprising of a study abroad year) will be expected complete 5007LBSAF Study Abroad module following Level 5 study.  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 atranscript 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 420 credits (240 credits at Level 3 and Level 4 and 180 credits at Level 5 and Level 6 with 60 credits at Level 6) they can be awarded a BSc.  Students that achieve 540 credits (240 credits at Level 3 and Level 4 and 180 credits at Level 5 and Level 6 with 60 credits at Level 6 along with 120 credits for sandwich (placement or year abroad) they can be awarded a BSc Sandwich (SW).   If students achieve 360 credits (120 credits at Level 3, Level 4 and Level 5) they can be awarded the Diploma ofHigher Education (DipHE) as an alternative/exit award. Students that achieve 360 credits plus the completion of a Sandwich (placement or study abroad) can be awarded the Diploma of Higher Education Sandwich (DipHE SW). Students that achieve 120 credits at Level 3 and 120 credits at Level 4 can be awarded the Certificate of Higher Education (CertHE) as an alternative/exit award. Students who started Level 3 of the programme in September 2021 or later will complete the programme asstated below. Students who started Level 3 of the programme prior to September 2021 will follow the previously validated version of the programme.

Structure

Entry Requirements

A levels

Access awards

Alternative qualifications considered

BTECs

GCSEs and equivalents

IELTS

International Baccalaureate

Interview required

Irish awards

Reduced offer scheme

T levels

UCAS points

Welsh awards

Extra Entry Requirements

Is a DBS check required?

No

HECoS Code(s)

(CAH17-01) business and management