Accounting and Finance BA (Hons)

Course length: 3 years full-time

Overview

Why study this course?

The BA (Hons) Accounting and Finance degree at Newman provides you with the skills, knowledge and resources relevant for a wide range of enterprises in the private and public sectors.

We focus on student-centred learning, and the development of the whole individual which will help you to develop into a successful accountant and financial professional with the capacity and vitality to make a difference.

Accounting and Finance at Newman is taught in smaller class sizes than many UK universities which enables discussion and debate to embed learning and view problems from a variety of perspectives, a vital skill for accountants. In this course you will study accounting and finance in a way that addresses values and ethics in a way not achieved in other institutions.

In the first year, the solid foundation for future study will be laid where you will gain an understanding of accounting and finance. You will also study important business issues such as business law, business environment and business economics.

Over the three year course a variety of modules are covered to equip you with the knowledge to go on to be successful. Some of the types of modules you can expect include financial accounting, management accounting and decision making, personal and business taxation, auditing and assurance, corporate financial management, financial analysis and financial reporting.

Newman provides excellent academic and individual support. Teaching is much more than just lectures, you will have the support of seminars, tutorials, group activities, study skills and fieldwork. Taught modules are assessed through a variety of different forms of coursework, such as reports, presentations, analysis tasks and reflective logs. Members of the department are always happy to give individual tutorials and advice on research and writing assignments.

What makes this course noteworthy?
  • In the second year as part of your course you will take part in a work placement. Newman has exciting connections with internationally known businesses where previous students have undertaken work placements. Alternatively there is the opportunity to complete your work placement abroad if you wish to do so. Students have travelled to the EU, Hong Kong, the USA and South Korea on work placements in the past.
  • Graduates from this course have a chance to gain exemptions from the professional Association of Chartered Certified Accountants (ACCA) qualifications and the Chartered Institute of Management Accountants (CIMA), the Chartered Institute of Public Finance, Accountants (CIPFA) examinations and ICAEW (Institute of Chartered Accountants of England and Wales).
What careers can I consider?

The skills, knowledge and resources you develop on the programme will be relevant for a wide range of organisations and industries in the private and public sectors. The department’s previous graduates have gained management roles in a broad range of areas.

The programme will give you the skills and knowledge that you need to be able succeed in the future. Graduates from Accounting and Finance are highly sought after and are able to use their skills and knowledge in a wide range of different areas. Graduates of Accountancy and Professional Services are regularly recruited by the `Big Four’ accounting firms - Ernst and Young, KPMG, Deloitte and PricewaterhouseCoopers, as well as other graduate level employers. As a graduate of Accounting and Finance, there are opportunities to work in both local government and central government departments such as the National Audit Office, FSA, HMRC, and HM Treasury.

At Newman, the Careers service also organises fairs and events throughout the year to give you a chance to meet graduate recruiters and ask your questions; These include the `Graduate Recruitment fair', `The Finance, Business and Management Fair' and the `Postgraduate Study fair'.

Depending on the course units that you have chosen during your degree you may be eligible for exemptions for professional examinations. For further information, you can find more information about the exemptions that could be obtained from:

The Institute of Chartered Accountants (ACA)

Association of Chartered Certified Accountants (ACCA)

Chartered Institute of Management Accountants (CIMA)

UNISTATS explanation

We currently have limited Key Information Set data as the course starts in September 2016, any statistics given above either relate to the University overall or are taken from an existing course within a related subject area.

View our Academic Regulations

Entry requirements

September 2017 Entry Requirements

You must achieve either at least 104 UCAS points (260 points on the old tariff) including a minimum of CC at A level or equivalent, or a total of 96 points from a maximum of 3 A levels or a BTEC Extended Diploma. Access Diploma students will need a completed diploma with a minimum of 39 level 3 units at merit or distinction.

5 GCSEs at grade C or above including English Language and Mathematics or a recognised equivalent, are also required.

September 2018 Entry Requirements

You must achieve either at least 96 UCAS points including a minimum of CC at A level or equivalent (e.g.MM at BTEC Diploma), or a total of 88 points from a maximum of 3 A levels. 

Access Students can achieve the requirements with the following combination of Distinction, Merit and/ or Pass grades at level 3 achieved from a completed Access course. 96 UCAS Points: D21-M3-P21; D18-M9-P18; D15-M15-P15; D12-M21-P12; D9 M27-P9; D6-M33-P6; D3-M39-P3; D0-M45-P0.

5 GCSEs at grade C or above including maths and English at 4/C or above or recognised equivalents are also required. 

Fees

Fees per academic year: 2017/18 

Full-time UK/EU Students: £9,250*

Please note for 2018/19 the University reserves the right to increase fees broadly in line with increases in inflation, or to reflect changes in government funding policies or changes agreed by Parliament.

Finance and Scholarship information

Year 1 modules


INTRODUCTION TO QUANTITATIVE METHODS


MODULE TITLE : INTRODUCTION TO QUANTITATIVE METHODS

MODULE CODE : AFU402


MODULE SUMMARY :

The module introduces a number of quantitative techniques and the use of statistical computer software. The importance of quantitative methods in informing analysis and good decision making and in the effective running of organizations cannot be underestimated. The module provides the opportunity for all to build and improve numerical, mathematical and statistical skills, and apply these to practical problems in the context of finance, economics and business.

CONTACT HOURS :

Scheduled : 36.00
Independent : 164.00
Placement :
Total :  200.00

MODULE CURRICULUM LED OUTCOMES :

This module aims to:

  • Develop the basic appreciation and understanding of Quantitative Methods to critically appraise concepts
  • Develop competence in numerical, mathematical and statistical skills necessary to further study
  • Develop competence in statistical software
  • Develop numerical, mathematical and statistical skills useful in a number of different occupations and in personal financial planning and management

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have the opportunity to:

  • Apply mathematical and algebraic methods to solve problems
  • Identify the nature and position of turning points for simple polynomial functions
  • Analyse and interpret appropriate statistical and mathematical computer output which arises from the solution of certain planning decision
  • Carry out and interpret the results of basic statistical tests
  • Calculate and interpret correlations and autocorrelations
  • Calculate simple and compound interest, equivalent rates of compound interest, and present and future values

METHOD OF ASSESSMENT :

Component 1 - 60% Exam (2 Hour Closed Book)

Component 2 - 20% Exam (On-line - 1000 words equivalent)

Component 3 - 20% Group Assignment (1000 Words Equivalent)

FUNDAMENTALS OF FINANCIAL ACCOUNTING


MODULE TITLE : FUNDAMENTALS OF FINANCIAL ACCOUNTING

MODULE CODE : AFU404


MODULE SUMMARY :

This module aims to give students a thorough grasp of the basics of financial reporting (context, purposes, regulatory framework) and build towards a proficiency in the recording of business transactions, and the preparation and interpretation of the primary financial statements (income statement, balance sheet and cash flow statement). It also aims to build proficiency in the use of accounting computer software. This module, together with the level 5 module Financial Reporting, and the level 6 module Advanced Financial Reporting, provides a strong basis for further study and should equip students with up-to-date knowledge of use in employment.

CONTACT HOURS :

Scheduled : 36.00
Independent : 164.00
Placement :
Total :  200.00

MODULE CURRICULUM LED OUTCOMES :

This module will provide the students with:

 

  • The skills to apply numerical data to problem solving with care and accuracy
  • Ability to assess the reasonableness of and interpret numerical solutions support
  • Competence in applying numerical data to problem solving with care and accuracy
  • Ability to develop confidence in and clarity of oral communication
  • Competency in producing a simple set of accounts.
  • Ability to use, apply and understand double-entry book-keeping.
  • Competence in producing a set of accounting books from source data manually and also through the use of computerised accounting software

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have the opportunity to:

 

  • Describe and explain the conventions which underpin financial accounting
  • Describe, compare and contrast the different forms of UK business organisations
  • Explain, apply and illustrate rules by which assets, liabilities, income and expense are determined for insertion into financial accounts
  • Describe and evaluate the financial recording procedures followed by organisations
  • Interpret a trial balance and thence prepare a set of accounting statements
  • Prepare partnership accounts
  • Describe, explain, apply, interpret and criticise the common simple methods of financial statement analysis
  • Use accounting computer software to record business transactions

 

Indicative content

 

  • Context and purpose of financial reporting in the UK and internationally
  • Recording business transaction data
  • Preparation of financial statements
  • Partnership accounting
  • Interpretation and analysis of financial statements
  • Computerised accounting software

METHOD OF ASSESSMENT :

Component 1 - 60% Exam (Closed Book - 2 1/2 hours)

Component 2 - 20% Group Assignment (1000 Words Equivalent)

Component 3 - 20% Multiple Choice Questions (On-line examination)

FUNDAMENTALS OF MANAGEMENT ACCOUNTING


MODULE TITLE : FUNDAMENTALS OF MANAGEMENT ACCOUNTING

MODULE CODE : AFU406


MODULE SUMMARY :

This module aims to provide students with the basic knowledge of cost and management accounting practices and concepts and their applications within an organization. This involves the provision and interpretation of information to assist managers in planning, controlling, making decisions and appraising performance. It explores the underlying concepts and techniques of management accounting and serves as a prerequisite for the pathway of management accounting in the following two years. The module will cover theory and practice in the key areas of costing, budgeting and accounting for decision making. The module is anticipated to contribute to the achievement of accreditation from professional accountancy bodies.

CONTACT HOURS :

Scheduled : 36.00
Independent : 164.00
Placement :
Total :  200.00

MODULE CURRICULUM LED OUTCOMES :

This module aims to:

 

  • Develop the basic appreciation and understanding of Management Accounting in appraising concepts
  • Demonstrate a range of professional and transferable skills including numeric and written communication skills including the ability to present quantitative and qualitative information together with analysis, argument and commentary in an appropriate form

 

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have the opportunity to:

  • Describe, explain and illustrate the context, importance, purposes, techniques and processes of management accounting, budgeting and working capital management
  • List, describe, explain, illustrate, compare and contrast alternative approaches to accounting, costing, profit determination and budgeting
  • Cite, explain, select and apply appropriate theory and models to solve related questions and numerical problems

METHOD OF ASSESSMENT :

Component 1 - 20% Multiple Choice Questions

Component 2 - 20% Class Test (1 hour closed book)

Component 3 - 60% Examination (2 hour closed book)

BUSINESS ECONOMICS AND LAW


MODULE TITLE : BUSINESS ECONOMICS AND LAW

MODULE CODE : AFU407


MODULE SUMMARY :

The module will provide a theoretical and practical introduction to students regarding the nature and characteristics of business behaviour under conditions of certainty and uncertainty. Students will also explore how decisions affecting prices, production constraints, and output, wages and market forces are made, and will be introduced to fundamental elements of management accounting. While business modelling and analytical techniques form the backbone of the module, the central aspects of business law are introduced as they impact on decision-making and strategy formulation. Students will gain an appreciation and understanding of the workings of the legal system, the law of tort, contract law, the law of agency, employment law and other areas of law that effect businesses.

CONTACT HOURS :

Scheduled : 36.00
Independent : 164.00
Placement :
Total :  200.00

MODULE CURRICULUM LED OUTCOMES :

This module aims to achieve the following objectives:

 

  • To enable students to evaluate the causes and consequences of macroeconomics phenomena and the policies necessary to achieve macroeconomics objectives

  • To equip students with understanding of a range of legal business structures

  • To enable students to understand and demonstrate knowledge of the legal systems in the UK and the principle features of business law

  • To appreciate the advantages and disadvantages of the various available forms of legal business structures

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have the opportunity to be able to do the following tasks:

 

  • To identify, analyse, and offer solutions to given microeconomic problems        

  • Be able to contrast and compare the application of different approaches to given microeconomic problems, and to justify a specific approach to a given case study

  • To evaluate the microeconomic management of a selected business organisation over a given timescale

  • To identify and assess legal issues and apply knowledge to legal problems affecting business and reach appropriate conclusions

  • To evaluate the range of legal business structures, and offer practical advice to a hypothetical new business venture

     

    Indicative Content

     

  • The operation of markets: supply, demand and price determination and adjustments, including market interventions by government.
  • The competitive environments and the impact that these have on the behaviour and profitability of firms.
  • The causes and consequences of domestic and international macroeconomic phenomena and the policies necessary to achieve macroeconomic objectives.
  • Business and corporate law concepts and issues
  • Ethical Issues

 

 

METHOD OF ASSESSMENT :

Component 1 - 20% Report (1500 Words)

Component 2 - 80% Closed Book Examination (2 hours)

SELF-LEADERSHIP AND ACADEMIC SKILLS


MODULE TITLE : SELF-LEADERSHIP AND ACADEMIC SKILLS

MODULE CODE : BEU401


MODULE SUMMARY :

Students will be introduced to theories of academic writing and presentation skills, learning and reflective practice, contextualised within a management and leadership business setting.  The following key transferable skills – leadership, communication, problem solving, working with others and improving own learning – will be introduced, practiced and applied to work-based tasks, as will the range of activities associated with information skills. Students will audit their own skills, identify aspects that require enhancement and produce action plans for self-development in those areas.   One of the key components of this module is the provision of a experiential outdoor activity self-leadership day.

CONTACT HOURS :

Scheduled : 48.00
Independent : 152.00
Placement : 0.00
Total :  200.00

MODULE CURRICULUM LED OUTCOMES :

This module will provide the students with: 

  • Appropriate study skills strategies
  • A critical ability to write and present work at NQF Level 4
  • Critical ability to identify personal development in line with academic and professional management and leadership aspirations
  • Insight and experience into how to plan, set and meet personal and work related objectives

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have the opportunity to: 

  • Write a reflective piece of work that demonstrates an understanding of the importance reflective practice and planning play in the pursuit of their academic and workplace aspirations
  • Analyse and evaluate their personal, academic and professional strengths and areas of development and produce a Personal Development Plan based upon their findings
  • Recognise the different leadership approaches and continuum of skills, qualities and ethical behaviours required of a junior to middle manager
  • Write and present work that demonstrates an understanding of academic writing and referencing conventions, within their scholarly work

METHOD OF ASSESSMENT :

Component 1 - 100% Portfolio (4000 word equivalent)

THE BUSINESS ENVIRONMENT


MODULE TITLE : THE BUSINESS ENVIRONMENT

MODULE CODE : BEU405


MODULE SUMMARY :

The module will provide a theoretical and practical introduction to students regarding the nature and legal framework of voluntary, public and private organisations.  It will also consider the impact of external influences on the way an organisation does business as well as the need to manage the overall activities and focus of the different service areas within its structure.

CONTACT HOURS :

Scheduled : 36.00
Independent : 164.00
Placement : 0.00
Total :  200.00

MODULE CURRICULUM LED OUTCOMES :

This module aims to: 

  • Demonstrate an understanding of the nature and associated legal frameworks of voluntary, public and private organisations
  • Recognise the importance of considering external influences when planning business goals and activities
  • Identify the need to plan, monitor and control the activities of departments to ensure the ability to meet business goals is optimised.

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have the opportunity to:

  • Examine the nature and functions of voluntary, public and private sector organisations and associated legal frameworks
  • Conduct and analysis of the external economic environment, technology and competition when planning business goals, structure, culture and activities
  • Differentiate between the functions of different service areas within a business and to appreciate co-ordinating the activities across functional areas.

METHOD OF ASSESSMENT :

Component 1 - 30% External Factor Analysis (1000 words)

Component 2 - 70% Internal Factor Analysis (2000 words)

INTRODUCTION TO WORK RELATED LEARNING


MODULE TITLE : INTRODUCTION TO WORK RELATED LEARNING

MODULE CODE : PLU404


MODULE SUMMARY :

This module aims to equip students with the knowledge and self-management skills to make informed choices in preparing for work placement and the transition to employment or further study on graduation.  

Learners will be provided with the opportunities to develop awareness of the workplace, identify different career and study options, recognise and articulate their own experience, accomplishments and talents and plan and implement career management strategies for the short and long term.

CONTACT HOURS :

Scheduled : 12.00
Independent : 88.00
Placement :
Total :  100.00

MODULE CURRICULUM LED OUTCOMES :

This module aims to:

  • Support students in developing informed choices about the career pathways available to them, in relation to their subject choices.
  • Prepare students for work-based learning and the application / exploration of subject knowledge in the workplace.

  • Encourage students to make connections between their learning, placement choice, future job aspirations and contribution to society.

  • Enable students to build confidence in securing work placements and future employment.

  • Support students in reflecting upon their preparation for their work placement and future employment.  

LEARNING OPPORTUNITIES :

Students will, by the end of the module, have had the opportunity to:

  1. Examine how their experiences, accomplishments, and abilities relate to employer expectations.

  2. Demonstrate engagement with, and an understanding of, graduate employment pathways and employability issues relating to their own career aspirations.

  3. Research organisations for the purposes of securing a work placement.

  4. Reflect upon their learning and development.

METHOD OF ASSESSMENT :

Component 1 - 100% WORK PLACEMENT E-PORTFOLIO (1500 EQUIVALENT)

Year 2 modules


ALL YEAR 2 MODULES

Year 3 modules


ALL YEAR 3 MODULES

Course code

UCAS course code: N400

Newman UCAS reference: N36

For all enquiries relating to admissions or entry requirements, email us at admissions@newman.ac.uk

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