September 2021

Accounting and Finance BA (Hons)

Honours Degree, Undergraduate, September 2021

Key Details

  • N400 Course Code
  • 3 Years
  • 96 Typical UCAS Tariff


The BA (Hons) Accounting and Finance programme aims to:

  • Enable you to undertake a rigorous study of the theories and techniques related to accounting and financial management
  • Acquire and develop the practical skills essential within an accounting and financial environment
  • Develop and enhance transferable skills relevant to a range of employment opportunities in both private and public sector organisations including the third sector
  • Enable you to develop competence in accounting and finance, alongside wisdom in its application sufficient for you to enhance your employability and possibly progress to postgraduate study

12 modules on our degree have gained accreditations from the three leading professional accounting bodies: ICAEWACCA and CIMA. As a result of these accreditations and on successful passing of the modules concerned, you would be exempt from a number of external accountancy exams you would need to undertake upon graduation, should you wish to gain professional qualifications in accountancy, which could save you time and could give you a competitive advantage against graduates from unrelated courses applying for accountancy roles. Dependant on the modules that you chose, you could expect to be a qualified accountant within one to two years of graduation, as opposed to the three to four years it might take a graduate from an unrelated degree. (See our Accreditations and Exemptions section of the Overview block for more information).

As well as focusing on the area of Accounting, our degree also explores key financial theories, which could give you an advantage against those who have studied other accountancy qualifications. By studying a university degree in Accounting and Finance, as opposed to other routes into the profession, you will be able to take advantage of the full university experience, developing a toolkit of vital transferable skills that can be applied to a wide range of careers. 

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 accounting 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 always achieved in other institutions.
  • 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 does the course cover?

The solid foundation for future study will be laid in the first year of this course. You will study the basic elements of Accounting and Finance and develop spreadsheet and numerical skills, research, referencing and academic writing skills. You will also learn more about the role of the accountant in business and the fundamental aspects of Business and Corporate Law.

Your second year will further develop the core area of Accounting and Finance. This level will use the concepts and skill-based tools from Level 4 for more applied learning activities. The range of learning activities will increase to facilitate different learning styles. For example, you will take on specialist modules to map onto a chosen career pathway which may lead to some exemptions from the professional bodies. This part will examine personal and business taxation, corporate financial management, financial reporting, and management accounting.

In the final year of study you will be involved in using the conceptual tools and experience developed in the first two years.  Final year modules may lead you towards partial exemptions being granted by the professional bodies. You will cover some core areas such as advanced management accounting, financial analysis, advanced financial reporting and audit and assurance. These modules in particular will help to develop skills of critical analysis and synthesis which will help you to reflect on your career aspirations.

How will I be assessed?

You will be assessed via a combination of options including coursework, class tests, and formal examinations.

What careers can I consider?

  • Financial accountant
  • Management accountant
  • Financial analyst
  • Investment banker
  • Tax consultants
  • Internal/External auditor

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 from other business programmes 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 in 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 in 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’.

Accreditations and Exemptions

Depending on the modules that you have chosen during your degree you may be eligible for exemptions for professional examinations from the following accountancy bodies:*

Institute of Chartered Accountants of England and Wales (ICAEW)

A number or our modules have gained exemptions from ICAEW, including all six modules on the ICAEW’s certificate level and one on the ICAEW’s professional level. Successful Students can claim prior learning with ICAEW upon completion of the degree from Newman towards being qualified in the ICAEW Certificate in Finance, Accounting and Business (CFAB).

These exemptions will save you time when applying for professional qualifications.

For more information about ICAEW’s Credit for Prior Learning please visit

Association of Chartered Certified Accountants (ACCA)

Certain modules are accredited by ACA and ACCA and thus students completing these modules may gain exemptions from professional exams as part of postgraduate accountancy training. We were awarded seven exemptions from the ACCA.

This means that students could save up to one to two years of further study before they are fully qualified with ACCA.

Chartered Institute of Management Accountants (CIMA)

We have gained eight exemptions from CIMA and students will be able to claim prior learning and award designation after graduating from Newman.  The award designations are listed below:

CIMA Diploma in Management Accounting (CIMA DIP MA)

CIMA Certificate in Business Accounting (CIMA CERT BA) 

This means that students could save up to two years of further study, to be qualified as a chartered management accountant.

* Please note that if you have a conviction for fraud the above professional bodies may not agree to exempt you.


The exemptions listed above are for future Newman University students. Current or past students should check with the Course Leader about the exemptions applicable to them. 

Studying and living in Birmingham

Newman University is located in Britain’s second city – Birmingham. With one of the youngest city populations in Europe, it is a vibrant and dynamic place to study.

Studying at Newman University, you have the advantage of being near to the city, but living in, or commuting to peaceful and comfortable surroundings on campus.

Dining out

Birmingham has lots of wonderful places to dine out with a range of different cuisines. Places where you can dine out include; Brindley Place, Mailbox and Hagley Road (just 10 minutes’ from Newman).


Whether you like to go to; the theatre, gigs or clubs, or enjoy: sports, shopping visiting art galleries or exhibitions – Birmingham will not disappoint and you will be spoilt for choice!


Getting around Birmingham is easy via train, bus or by car. Birmingham has excellent transport links to the rest of Britain, making it easy for those weekend getaways!

Why not explore the city for yourself by visiting one of our Open Days?

Want to find out more about Birmingham? Then take a look at some Birmingham City Secrets.

Ask Us a Question

Summer Open Days

Join us for of our summer Open Days where you can find out more about our courses and speak directly to academics from each subject area.

The format of these events will be subject to easing of Government restrictions, more information can be found via the link below.

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Entry Requirements

You must achieve at least 96 UCAS points including a minimum of CC at A level or equivalent (e.g.MM at BTEC Diploma; MPP at BTEC Extended Diploma) towards the total tariff.

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.

Five GCSEs at grade 4 (or C) or above (or recognised equivalents), including English Language and Mathematics are also required.

For applicants who are unsure that they will achieve the above UCAS tariff, Newman University offers Accounting and Finance (with Foundation Year) which enables such applicants to access a university degree via a four year route. Upon successful completion of their foundation year, students will progress to Year 1 of a named degree. Whilst not a condition of entry onto the Foundation Year, students wishing to follow particular named routes with additional entry requirements, will need to meet these requirements before they make the transition from their foundation year to year 1.

International Students
The University is not licensed by the UK Government to sponsor migrant students under the Student route and is therefore unable to accept applications from international students at present.

Applying Direct Option

You can apply direct to Newman University for this course if you have not previously applied to Newman University through UCAS and you are not applying to any other universities.

Simply click on this Direct Application link to do this.

N.B. will need to enter ‘New User’ account details when first accessing this portal.

If you have any questions regarding entry onto this course please contact our friendly and helpful admissions team via our Admissions Enquiry Form

Course Fees

Fees per academic year:
Full-time UK students: £9,250 *

* Fees shown are for 2021/22 academic year. The University will review tuition fees and increase fees in line with any inflationary uplift as determined by the UK Government, if permitted by law or government policy, on enrolment and in subsequent years of your course. It is anticipated that such increases would be linked to RPI (the Retail Price Index excluding mortgage interest payments).


Additional Costs

Find out more about the other additional costs associated with our undergraduate degrees. 


  1. 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.
  2. 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.
  3. 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.
  4. 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 quantitative techniques and the use of statistical computer software are introduced as they impact on decision-making and strategy formulation. 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.
  5. 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.
  6. This module introduces core concepts in finance. It is designed to give students sufficient discipline based knowledge to undertake more advanced finance modules. This module will allow the students to use a range of financial mathematical methods and appreciate their uses in both academic and applied contexts related to accounting and finance. The concepts and techniques of compound interest and discounting are fundamental to financial mathematics. As such topics covered will include: Time value of money; Financial market instruments and their functions; Discounted cash flow approaches to decision making; Evaluation of different sources of finance; Cost of capital and elementary financial management; Impact of dividend and capital structure policies.
  7. The module will provide a general overview of law relevant to students working in business and finance, and develop knowledge and skills in the understanding of the general legal framework. It will also identify the essential elements of different legal systems including the main source of law, and apply the appropriate legal rules relating to the law of obligations. 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.
  1. The module is the first of two modules which prepare students for the Level 6 final project. In this module students will be introduced to the aims, methodologies, research strategies and methods used in qualitative and quantitative research in Business and Management including practice based research methods.  Students will consider ethical guidelines in research and their importance. This module will enable students to develop understanding, skills and knowledge to aid progression into research at undergraduate dissertation level as they will be introduced to the knowledge and understanding necessary for the design of a research proposal.
  2. This year-long module offers learners the opportunity to apply and explore knowledge within a work-based context, through the mode of work place learning. The placement supervisor in the work place will negotiate the focus for the learner’s role on placement, with the learner. Students complete 100 hours in the work setting. The learner will reflect critically on different dimensions of the work place setting. This module provides an opportunity for students wishing to attain National Professional recognition with the Teaching and Learning Academy (TLA) to complete an AMTLA project. The module will also provide the opportunity for those students interested in going on to the PGCE programme to gain support and guidance with the PGCE application process.  
  3. This module builds on the foundations provided at Level 4 and develops the capacity to conceptualise problems and create reasoned value judgments and opinions and to solve practical problems. Critical reasoning and rational analysis is developed throughout this module. It will develop technical accounting knowledge whilst contextualising it within a broader regulatory framework. It will provide knowledge on the role of financial reporting and its use to stakeholders and the application of accounting standards in the preparation of financial statements. It will enable students to calculate, present and interpret accounting reports with regard to current regulatory requirements and apply current and relevant accounting standards in the preparation of financial statements.
  4. The module will provide students with an understanding of the operation of the UK tax system. Students will develop technical skills to produce income and corporation tax computations. The module will also help to develop the technical skills needed to produce tax computations for companies and individuals. During the module, students will study systems for self-assessment, payment of tax and penalties and overseas aspects such as operating abroad, taxation of foreign income, transfer pricing provisions and double tax relief.
  5. This module will enable students to develop understanding, skills and knowledge to aid progression into research at undergraduate dissertation level which will be focused on their development of a specific topic within the Business and Management discipline.  Students will be introduced to the knowledge and understanding necessary for the design of a written research proposal and further develop skills appropriate for the development of a research proposal including proposal focus, aims and objectives, literature evaluation, research planning and academic writing.
  6. The module enables students’ to gain more understanding of advanced costing techniques using Activity Based Costing to make informed decisions focused on financial resources.  Students will be required to analyse budgets to inform management decision making, and identify the variances in the budgets. Students will be required to analyse working capital management for effective strategic management decision.
  7. This module is designed to give students a deeper knowledge of theory and practice in the key aspects of corporate finance, and allows them to explore how various aspects of corporate finance are inter-related. Students will assess the impact of financial decisions with respect to investments, financing and the management of risk and develop skills in critical analysis and evaluation.
  1. The final project and critical evaluation will be structured to assess the knowledge and understanding by means appropriate to individual students, though all approaches will lead to the production of a significant piece of work that involves the demonstration of advanced practice in business management and/or original small research. All approaches will be accompanied by a critical self- evaluation of the outcomes achieved.
  2. This module offers students the opportunity to build on their level 5 work placement through the more developed application of a negotiated work-based research project. Students will agree with their placement tutor and workplace mentor a brief for a project which addresses a need within the organisation. Learners should complete a minimum of 100 hours in the work place. It is in the spirit of this module that wherever possible, the focus will be on social or community / sustainable development.
  3. The module aims to develop from previous studies a comprehensive understanding of theory and best current practice of financial reporting, with particular emphasis on current and controversial issues in financial reporting. It will also develop a capacity for critical reasoning and rational analysis, the ability to conceptualise problems, create reasoned value judgments and opinions and the ability to solve practical problems.
  4. During this module students will learn about the role of the auditor and develop an understanding of modern audit from both an internal and external perspective. They will be introduced to forensic accounting as a discipline, studying the role and procedures of forensic accounting and the impact of auditing standards on those who undertake assurance engagements. The module will develop understanding of current issues relating to the provision of audit and assurance services to enable the identification of the work required for, and the evaluation of the findings of audit and assurance engagements.
  5. This module aims to equip the students with the knowledge and skills expected of the financial manager in relation to investment, financing and dividend policy decisions. It will provide students with the necessary managerial tools and techniques required in order to undertake a strategic analysis and review of their organisational environment and develop a suitable plan to lead the organisation into the future.
  6. This module will give students a deeper and more integrated understanding of how management accounting theory and practice can help management teams make decisions of strategic importance. Students will critique the role of traditional management accounting techniques and evaluate the use of strategic management accounting models. They will also develop critical analysis skills and learn how management accounting information can contribute to the development and implementation of effective strategic decisions.