FINANCE AND ACCOUNTING 

BSc (Hons) / FdSc

Accredited by the University of Birmingham

Choose Award
Duration

3 years FT (4 years with placement)

UCAS Code

NN40

Placement

1-year placement (optional)

Entry

September

Fees

View Fees

Business School
Choose Award
Duration

2 years FT (3 years with placement)

UCAS Code

NN41

Placement

1-year placement (optional)

Entry

September

Fees

View Fees

Business School
Discover more at our next open day

Saturday 03 October 2020

Bookings will open soon

Access our brand new financial trading suite, providing real-time global market information

Optional 12-month paid work placement provides valuable industry experience before you graduate

Finance and accounting professionals are vital to all functions of a business. If you aspire to become a certified accountant or want to work in the finance sector, our Finance and Accounting degree will not only give you the essential tools to launch your career in the industry, but also a wealth of hands-on, practical experience that will put you ahead of the competition in the modern-day marketplace.

This accounting and finance course is about much more than just theory. You will be exposed to live and simulated trading in our state-of-the-art Financial Trading Suite – one of the biggest among all universities in the UK and the first to be powered by Infront Professional Terminal – giving you the chance to develop and demonstrate your practical skills alongside the knowledge you will gain. You will also have the chance to take on a paid 12-month work placement, gaining extensive real-world experience to give you the edge when you graduate.

Working in collaboration with professional bodies such as ACCA and CIMA, our Finance and Accounting course is designed to ensure you become a highly skilled graduate and can apply for exemptions from a range of professional exams in order to become a part or fully certified accountant.

Why choose this degree course?

  • INDUSTRY APPROVED – Complete our course and you can apply for seven CIMA and eight ACCA exemptions, as well as other finance and accounting qualifications
  • PRACTICAL APPLICATION – Get to grips with the markets through live consultancy cases and simulated investing in our Financial Trading Suite, with support from our in-house trader
  • WORK PLACEMENT – Gain further substantial real-world experience through the option of a paid 12-month placement, during which you won’t incur any tuition fees
  • SPECIALISE YOUR STUDIES – Choose a topic within the industry that interests you to study in depth for your final research project

Our facilities

Students on our accounting and finance degree courses at University College Birmingham enjoy a wealth of practical learning opportunities in our cutting-edge Financial Trading Suite on campus, while we also provide a range of support services for student entrepreneurs through our Enterprise Hive.

Course breakdown

Students on the FdSc have the option of progressing onto the final year upon completion of the foundation degree.

  • Year 1
  • Year 2
  • Year 3 - Work Placement (optional)
  • Year 4 (Year 3 without placement)

Core Modules

Management Accounting

This module aims to develop knowledge and understanding of the role of management accounting and its application in business. Accountants provide relevant financial information to managers and external stakeholders in the context of planning and controlling an organisation. This module introduces the principles and techniques to provide appropriate financial information for managers to enable them to make informed decisions on a regular basis. It provides you with the understanding of key concepts in management accounting including costing, cost-volume-profit analysis, break-even analysis, budgetary planning control, standard costing and decision-making techniques.

Accountants in Business

This module aims to develop your knowledge and understanding of business organisations and how organisations function ethically and effectively in such a competitive business environment. It covers the role and responsibility of a professional accountant in achieving an organisation’s objectives, while it will also explore the role of accounting and reporting systems to resolve organisations’ problems and offer information technology support for effective administration and internal control management of organisations. In addition, the module will develop your knowledge of the business environment, including legal, economic and social influences as well as organisational culture, governance and ethical behaviours.

Introduction to Business Analytics

In a data-driven world and as businesses increasingly strive to develop competitive strategies, they are looking out for more data to drive their business decisions. It is therefore essential for graduates to be equipped with analytical skills to make the most of the information and data available within the internal and external environment of the business. This module will explore the role of information and analytics in supporting the development of strategies, and the practical techniques managers can use to design effective information flows. This will in turn enable companies to more effectively identify which actions are achieving their goals, detect risk or opportunity, evaluate possible outcomes, allocate resources to achieve greatest returns, and measure the true impact of decisions.

Financial Accounting

This module aims to develop your knowledge and understanding of financial accounting principles, concepts and techniques used by financial accountants to record and present financial information to relevant stakeholders. It provides an introduction to the skills required to effectively analyse and interpret financial statements. The module covers the principles of double-entry book-keeping including year-end adjustments and teaching how to prepare basic financial statements for sole traders, partnerships and limited companies.

Accounting and Information Systems

Analytics and data are increasingly central to decision making in modern organisations. The increasing ease of gathering, storing, and processing data has led to a highly varied and growing set of data for analysis. Many employers want to hire people who can apply tools to analyse data and make sense of what analyses are needed and what the results mean. This module will develop your understanding of how financial and accounting data is analysed and applied in order to make effective business decisions. You will be exposed to various contemporary tools and techniques that are used in practice and study how analytical and computing tools can be applied in the business setting, to provide businesses with fresh insight and help tackle complex problems.

Professional Practice in Finance and Accounting I

You will have the opportunity to reflect on your personal and professional development to date, drawing on experience in education, extra-curricular activities and in the workplace, to consider how it relates to managing the professional finance and accounting environment. The inclusion of a personal and professional development plan will be incorporated to support your professional development.

Core Modules

Management and Organisations

This module is designed to introduce key theoretical aspects relating to managing people in the workplace. The module will enable you to understand individual behaviours, how they relate to engagement and ultimately to individual and team performance. The module aims to focus on a range of employee behaviours and attitudes to equip you with a deeper understanding of the role of effective people management in improving organisational performance.

Business Analytics

Stepping up from Introduction to Business Analytics, this module aims to give you a thorough grasp of modern business analytical tools and their applications to business management. The module will cover Predictive Analytics and Data Mining, Visual Analytics, Forecasting, Model Management and Monitoring, Quality Improvement, Text Analytics and Analytics for Microsoft Office. The focus of the module is on enhancing your problem formulation and solving skills.

Finance for Enterprise Start-up

Small business entrepreneurs are required to have an understanding of key business and financial concepts that are critical to a business organisation. This module will develop your understanding of the key financial and accounting elements that must be considered when looking to start up a new business. You will be required to identify a business opportunity and explore how you could create a successful enterprise start-up that is sustainable.

Financial Management

This module develops your understanding of the key principles underpinning the theory and practice of financial management. It begins with an exploration of the environment within which financial decisions are made with a particular focus on the nature, role and purpose of financial management. The module content broadly covers financing decisions and explores various sources of finance, cost of capital and capital structure.

Audit and Governance

This module aims to provide you with an understanding of the process of taking an audit engagement and elements of best practice concerning corporate governance. The module gives you the opportunity to understand the critical elements of the external audit process and the relevant ethical and regulatory framework. It discusses key aspects of audit planning and engagement including audit risk, internal control and computer-assisted audit techniques.

Professional Practice in Finance and Accounting II

Building on Professional Practice for Finance and Accounting I, this module will encourage you to identify and apply for opportunities and careers that are available to you. This will assist you to take responsibility for your own personal and professional development. You will identify opportunities for development via a training needs analysis and build upon the personal development plan formed in your first year to support you with your career development planning. This may extend to include recognising the potential to develop these skills through work experience, placement and study overseas and applying for such opportunities.

YEAR 3

Work Placement (optional)

You will gain valuable work experience on a 12-month work placement. This is an exciting opportunity to put what you have learned into practice, broaden your experience and demonstrate your abilities to potential employers.

Core Modules

Financial Reporting

This module aims to develop accounting standards and theoretical framework knowledge in the preparation of financial statements. The module addresses the key issues in international financial reporting and financial analysis. It covers the fundamentals required by managers and analysts to understand, interpret and use financial information. The module will help you understand the financial reporting challenges of multinational companies. It will aim to give you the tools and skills to compare accounting regulatory frameworks around the world as well as to prepare and interpret consolidated financial statements.

Leadership and Enterprise Strategy

Leadership and Enterprise Strategy aims to provide an understanding of strategic analysis, strategic decision-making and strategic processes within organisations. The module content comprises two complementary components: the first involves the understanding and learning of the main strategic management concepts and theories, while the second implies its application in organisations.

Performance Management

This module is about making decisions which ensure the most effective and efficient use of organisational resources. The module aim is to develop knowledge and skills required by performance managers. This provides you with a grasp of techniques used by performance managers in planning, control, decision making and overall performance evaluation of organisational activities. It focuses on information needs, technologies and systems necessary for efficient and effective performance management of organisations. This is followed by an examination of decision-making processes with particular emphasis on management of scarce resources and how this relates to performance, uncertainty and risk management. A key aim of performance management is to measure costs and revenues relating to specific operations divisions and products. Information gathered in this way is used to plan and control activities in order to ensure that key organisational objectives are achieved.

Research Project

The Business Research Project extends and develops your knowledge and ability in focusing upon and preparing for research. It introduces you to the disciplines of critical appraisal and research techniques as well as the design and execution of a research project. The aim is to develop your skills and expertise in the essential research tools you will need in the future. The emphasis of the project will be on secondary data in the main, as you will be expected to select an organisation or a contemporary topic of interest to research. You will be required to apply and integrate the tools, techniques and theoretical frameworks from a number of modules of the programme, and to draw on a wide range of sources.

Plus one option from:

Corporate Risk Management

Corporate Risk Management is a comprehensive, systematic approach for helping an organisation to identify, measure, prioritise and respond to risks, which is critical when developing a company’s strategy. The module gives you an opportunity to understand the implementation and application of corporate risk management and to develop skills which are applicable to a diverse range of organisations and scenarios.

Portfolio Management

This module introduces the latest methodologies used by professional portfolio managers. The module addresses both the theory and practice of portfolio management and aims to build on the techniques for portfolio selection. The theoretical part will examine the issues involved in constructing an investment portfolio, evaluating its performance, and adjusting its composition through time to ensure the performance remains optimal. It will also consider the use of derivatives in managing risk. The module will provide you with hands-on experience of constructing and managing an equity portfolio in our newly-built Financial Trading Suite.

The modules listed above for this course are regularly reviewed to ensure they are up to date and informed by industry as well as the latest teaching methods. On occasion, we may need to make unexpected changes to modules – if this occurs, we will contact all offer holders as soon as possible.

Entry requirements

Finance and Accounting BSc (Hons)

A-levels: Grade profile of BBC - CCC.

BTEC: Grade profile of DMM-MMM. This can be achieved from either an Extended Diploma or a combination of smaller BTEC qualifications.

Tariff: Other Level 3 qualifications are accepted at University College Birmingham for entry. A minimum of 112-96 UCAS Tariff points will be required.

Access to Higher Education Diploma: 112-96 UCAS Tariff points including a minimum of 15 Level 3 credits at Distinction.

GCSEs: GCSE/IGCSE maths grades A*-C (grade 9-4) or equivalent.

Finance and Accounting FdSc

A-levels: An A-level grade profile of CD-DD.

BTEC: A BTEC grade profile of PPP-PP. This can be achieved from either an Extended Diploma or a combination of smaller BTEC qualifications.

Tariff: Other Level 3 qualifications are accepted. A minimum of 56-48 UCAS Tariff points will be required for entry.

Access to Higher Education Diploma: 56-48 UCAS Tariff points.

Non-tariff: Non-UCAS Tariff-based Level 3 qualifications are also considered for entry. Please contact admissions@ucb.ac.uk to check your eligibility.

Work-based: We also give equal consideration to applicants who are currently in work and wish to apply to University College Birmingham. To apply, you must have a minimum of 3 years’ relevant work experience, demonstrating management or supervisory duties. Your application must also include a reference from your line manager supporting your entry to higher education. For further details, please contact Admissions.

GCSEs: GCSE/IGCSE maths grades A*-C (grade 9-4) or equivalent.

EU/international students

For entry requirements for EU and international students, please visit the Country Specific Information page.

Key information

Teaching and assessment

Note: Indicative information only – actual timetables and assessment regimes will be issued at your induction.

Teaching

Learning strategies include:

  • Lectures (including guest lectures)
  • Small group seminars
  • Workshops
  • One-to-one tutorials
  • Group projects
  • Virtual Learning Environment (VLE)
  • Self-directed study

You will need to commit around 20 hours per week for individual study time.

Assessment

Assessment formats include:

  • Examinations
  • Coursework (including presentations, essays, reports, multiple choice tests and numerical computations)

Our teaching and assessment is underpinned by our Teaching, Learning and Assessment Strategy 2015-2020.

Additional qualifications and training

  • Upon completion of this course, you can apply for a number of exemptions from professional bodies (including seven ACCA and seven CIMA exemptions) in order to become a part or fully certified accountant, while you will also be able to apply for the CIMA Gateway examination.
  • You will have the opportunity to complete the Infront Professional Terminal (trading) certificate as part of your course at no additional cost.

Kick-Start

As a new student studying this degree full-time, you will receive £300 per year via our Kick-Start Scheme (eligibility criteria applies). This scheme will support your studies and future career by contributing to course-related materials, uniform or selected items on campus. You might even qualify for an additional £500 per year.

Tuition fees

UK/EU students

If you are a UK/EU student enrolling on a full-time foundation degree or a BA/BSc in 2020/21, your fee for this academic year will be £9,250 per each full year. A half year tuition fee is £4,625. UK/EU students do not pay tuition fees for any placement periods.

International students

If you are an international student enrolling on a a full-time foundation degree or a BA/BSc in 2020/21, your fee for this academic year will be £11,500 per year.

If you complete a placement year, your tuition fee would be £500 for a full year (£250 for half year placement).

Percentage
70%

of graduate employers say relevant experience is essential to getting a job with them

Work placements

 

Work placements are vital for gaining real-life experience and for building your confidence and skills before you finish your course – and they may even lead to a job when you graduate. Our hired@UCB team can help find the ideal placement for you.

Our FdSc and BSc Finance and Accounting courses both offer you the option of a paid 12-month work placement, during which you will not incur any tuition fees.

As institutions become more diverse, it's important to embrace and celebrate the skills that students are bringing. The fact that we are integrating practical skills allows students to home in on what they're good at. This training is built into the assessment to ensure that every student develops the practical skills they need.

Dilshad Sheikh Dean of The Business School

Career opportunities

Retail banker

Average Salary: £30,500

Financial reporting analyst

Average Salary: £29,978

Assistant controller (financial)

Average Salary: £30,200

Financial coordinator

Average Salary: £22,000

Accounts receivable analyst

Average Salary: £25,000

Budget analyst

Average Salary: £43,217

Want to take your studies to the next level? Completing the BSc (Hons) degree will enable you to move onto our Finance and Accounting MSc/PGDip course.

hired@UCB

We are here to support your career goals every step of the way. 

 

Find out more

Asif’s Story

An expert in the development of this degree explains how it is designed to set students up for rich careers.

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