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BSc Accounting and Management - in Clearing

Why we're great

  • This course gives you exemptions from some ACCA, ICAEW and CIMA exams
  • You’re taught by world renowned academics and practitioners
  • You join a business school ranked in the UK’s top 25 for research excellence and intensity (REF, 2014)

Course options2016-17

UCAS code: NN24
Duration: 3 years
Start month: October
Location: Colchester Campus
Based in: Essex Business School
Fee (Home/EU): £9,000
Fee (International): £12,950

UCAS code: NN27
Duration: 4 years
Start month: October
Location: Colchester Campus
Based in: Essex Business School
Fee (Home/EU): £9,000
Fee (International): £12,950

UCAS code: NNK2
Duration: 4 years
Start month: October
Location: Colchester Campus
Based in: Essex Business School
Fee (Home/EU): £9,000
Fee (International): £12,950

Clearing enquiries

Telephone 01206 873666
Email clearing@essex.ac.uk

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About the course

Why are accounting standards important? How can a better understanding of business give you the edge in management accounting?

On this professionally accredited course, you develop your understanding of accounting and management in an increasingly complex business world. You gain an academic grounding in financial and management accounting and learn the processes of managing and coordinating today’s organisations. Case studies from real business situations help you to apply accounting theory to practice.

You study topics including:

  • quantitative techniques in accounting, finance and management
  • cost accounting and management accounting theory
  • management theory and practice
  • business strategy
  • organisational behaviour

In your first year, you are also introduced to topics such as finance, marketing and economics to provide you with a fully-rounded business education. As your course develops, you can choose from selected optional modules to tailor the programme to your career aspirations.

BSc Accounting and Management is taught at Essex Business School, ranked in the UK’s top 20 by the Chartered Association of Business Schools. More than two-thirds of our research is rated “world-leading” or “internationally excellent”, placing us in the top 25 in the UK for research excellence (REF 2014). We are an internationally diverse school, committed to sustainable and ethical business practices.

This course can also be taken with an optional study abroad or placement year.

Professional accreditation

Completion of our course provides you with accreditations and exemptions from the following professional bodies:

  • The Association of Chartered Certified Accountants (ACCA)
  • The Institute of Chartered Accountants in England and Wales (ICAEW)
  • The Chartered Institute of Management Accountants (CIMA)

This means that you are able to gain a professional qualification by taking fewer exams when you graduate, giving your career a head start.

Study abroad

BSc Accounting and Management can be taken with a study abroad year. On this four-year version of our course, you spend your third year studying at one of our partner universities in another country and do not pay tuition fees during this year. In all other aspects, your course remains the same as the standard three-year option.

Studying abroad allows you to experience other cultures and languages, to broaden your degree socially and academically and demonstrate to employers that you are mature, adaptable, and organised. We have exchange partners in the United States, Europe, Canada, Australia, New Zealand, Latin America, the Middle East, Hong Kong and Japan.

Placement year

Alternatively, on a placement year you can gain relevant work experience within an external business. A work placement can give you a competitive edge in the graduate job market and provide you with key contacts within the industry. You do not pay tuition fees during your placement year.

Our Placements Manager offers bespoke support through the process of researching, applying and interviewing for placements. Our students have gained placements with organisations such as BMW, Samsung and Cummins.

Our expert staff

You are taught by a highly qualified, enthusiastic team of academics and practitioners with wide-ranging research interests. Their research is used in lectures and seminars so you learn about the latest issues impacting the business world.

Our staff specialise in areas including: supply chain management; human resource management, accounting and economic development in the public and third sectors; regulation and corporate social responsibility; finance and banking; accounting and finance in developing economies; and contemporary financial markets and their participants.

Specialist facilities

Our BSc Accounting and Management is based at our Colchester Campus.

Our landmark new Essex Business School building is the first zero carbon business school in the UK. Set around a lush winter garden, the Eden-style dome gives the building its own micro-climate.

Our new building provides you with superb facilities:

  • a virtual trading floor with Bloomberg Terminals offering direct use of Bloomberg data, information and analytics
  • a light and spacious lecture theatre, with seating for 250 students
  • study pods and innovation booths for group working
  • a café with an adjacent sun terrace
  • study skills workshops and advice

Our business school is located on the University’s Knowledge Gateway, where you may be able to take advantage of networking and work experience opportunities with businesses located on site.

Your future

In 2014, 88% of all of our full-time undergraduates and 96% of our overseas undergraduates were in work or further study within six months of graduating. Our recent graduates work for organisations such as:

  • AVIVA
  • PWC
  • IBM
  • Deloitte
  • EY
  • Bank of England
  • Hiscox
  • John Lewis Partnership

From the day you join us, we prepare you for a rewarding career after graduation. We understand the skills and knowledge modern employers want to see in their graduates and give you opportunities to develop these throughout your course and through a range of employability opportunities. You also take a module in career development as part of your studies.

The University’s Employability and Careers Centre can also help you find out about further work experience, internships, placements, and voluntary opportunities.

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Example structure

Studying at Essex is about discovering yourself, so your course combines compulsory and optional modules to make sure you gain key knowledge in the discipline, while having as much freedom as possible to explore your own interests. Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.

For many of our courses you’ll have a wide range of optional modules to choose from – those listed in this example structure are just a selection of those available. The opportunity to take optional modules will depend on the number of core modules within any year of the course. In many instances, the flexibility to take optional modules increases as you progress through the course.

Our Programme Specification gives more detail about the structure available to our current first-year students, including details of all optional modules.

Year 1

Discover the nature and role of accounting, discussing who uses accounting information and for what purposes. You learn about the processes used to record, summarise and present accounting data, using the computerised accounting package MyAccountingLab. You also investigate the development and role of regulation in governing accounting practice.

Discover the applications of quantitative techniques in accounting, finance and management. You explore maths revision, the time value of money, rates of change, probability and statistics, making extensive use of Excel for applying statistical techniques. You also study the financial system, instruments and markets and ideas about finance concepts and problems. The topics covered include investment companies, return and risk, and behavioural finance.

Explore the most significant issues in management theory and practice. You draw out some of the connections and disjunctures between management theory and management practice. You also consider the ethics of managing, and how to balance a business’s priorities with the organisation's wider responsibilities to society and other stakeholders.

How are firms organised? What are the economic implications of this? And how does it affect the markets in which they operate? Develop an understanding of the central concepts of economics, then learn how to apply these principles to economic problems.

This module encourages you to become an active, independent learner, with the ability to reflect on business situations and form your own opinions. We cover areas designed to help you adjust to a university business education so you can perform to your full academic and professional potential. We explore the importance of referencing, constructing a coherent argument and developing writing skills for a variety of purposes, such as academic essays, exams and reports. We develop your analytical skills, critical thinking, presentation and communication skills to help you get the most from your time at university.

Year 2

Extend your knowledge of financial accounting by mastering the preparation and analysis of the published financial statements of limited companies operating on their own, or within group structures. You investigate the regulation of financial reporting, the function and content of the main published statements, and problems connected with the treatment of taxation, depreciation, and specific aspects of the asset-expense distinction.

Management accounting enables you to provide three key areas of information to any business: costing, decision-making, and planning and control. In this module you focus on costing, but also see how this area overlaps with the other two, as all three areas always interact. You also develop your knowledge and understanding of management accounting and the context in which it operates.

This module builds on your understanding of management, work and organisation, exploring how these concepts have evolved over time and how they are understood now. You look at how management theory relates to organisational practice, examine the social dynamics underpinning the field of organisation studies and analyse some of the most important themes affecting management today.

Gain a more advanced understanding of the international context which helps to shape the strategies and operations of organisations, and explore some of the current issues and challenges facing organisations within the international business environment. In particular, you focus on international political economy, covering the major economic systems in the world, and tracing the historical evolution of the global order.

Develop your understanding of the role of management accounting in organisational decision-making and control. You explore the uses of management accounting information in facilitating planning, control and decision making by managers.

This module links subject understanding to employability, ensuring you’re prepared to take advantage of graduate opportunities at the point they’re advertised. You gain an understanding of the graduate labour market and recruitment processes, as well as timelines for recruitment and interview and assessment centre techniques. You also learn about options for postgraduate study.

This application-driven course teaches you how to formulate and solve real-world problems concerned with decision-making in modern management. You learn how to build simulation models, how to run simulations using simple Excel spreadsheets, and, to evaluate and interpret output results.

This module provides an introduction to the practices and design of computerised accounting (e-accounting). Laboratory-based classes introduce you to a range of accounting software and provide hands-on experience of doing e-accounts. You address important issues, such as transaction processing, documentation techniques, computer fraud and information security.

Final year

What does accounting do and why, and what is done in the name of accounting but might not be accounting? Does accounting enable us to talk or does it erect barriers around issues so that the debate is silenced or limited? Who should make accounting standards? Should it be the state, professional bodies or some private interests? These are some of the key issues facing producers, consumers, and regulators of corporate financial reports.

Management accounting serves the purpose of identifying, measuring and communicating economic information to permit management and workforce make informed judgements and decisions. Investigate the technical issues in cost management and performance measurement systems, and wider issues concerning the role of management accounting in shaping management structures and decisions in manufacturing and service contexts.

This module aims to develop your understanding of leadership in organisations. You explore a range of traditional and current leadership theories and relate these to business and managerial practice. You also examine business ethics and develop your team working, critical thinking and problem solving skills.

Since the 1980's, Human Resource Management (HRM) has promoted the view that it is the people (rather that the technology, products or marketing strategies) of the organisation that are the key to organisational success. You question the assumptions made within HRM as a philosophy and practice, and how this approach has implications for the way that employees are conceptualised, managed and treated within organisations.

Gain an understanding of the main quantitative and qualitative methods used in business, management and marketing research, and an appreciation of the practical application of these skills within a variety of research settings. You explore the methodological, ethical and practical considerations in the design of business research, and the collection, analysis and dissemination of research data.

Consider accounting and financial analysis in a global context, exploring the accounting practices of a wide range of countries. Discover the benefits and costs associated with recent initiatives to promote international harmonisation of accounting practices, the emergence of International Accounting Standards Board (IASB), the organisation of the IFRS Foundation, and the standards setting procedures.

Discover the psychology of organising. You investigate the role of the individual in the organisation, the construction of meaning, bureaucratic and technological consciousness, organisational socialisation and secondary adjustments, and the significance of organising principles such as time, gender and motive. Use film and video material to explore the issues raised and to provide contextual support for the ideas, including feature films such as GI Jane, She Stood Alone and Vertigo.

Placement

On a placement year you gain relevant work experience within an external business or organisation, giving you a competitive edge in the graduate job market and providing you with key contacts within the industry. The rest of your course remains identical to the three-year degree.

Year abroad

On your year abroad, you have the opportunity to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised. The rest of your course remains identical to the three-year degree.

Teaching

  • Teaching includes a combination of lectures, seminars and computer-based lab sessions
  • Modules delivered by experts in the field as well as guest speakers
  • Contribute and interact in lectures through the use of smart technology
  • Lecture presentations and notes are uploaded online beforehand to help you prepare in advance
  • Complete your final-year project in consultation with a personal supervisor

Assessment

  • Assessed through traditional methods of end-of-year exams and multiple choice questions in class tests and essays
  • Plus more innovative and creative assessments include laboratory work, poster presentations, real-business case problems and group presentations
  • Your first year marks do not count towards your final degree

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Qualifications

If you already have your results and want to apply for 2016 entry through Clearing, complete our Clearing application form and we’ll get back in touch with you or give us a ring to discuss your grades.

IELTS entry requirements

English language requirements for applicants whose first language is not English: IELTS 6.0 overall. (Different requirements apply for second year entry.)

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

If you are an international student requiring a Tier 4 visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.

Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels required. Please note that date restrictions may apply to some English language qualifications

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Visit us

Clearing Open Day

Tours of our campus and accommodation will be running throughout the day and will be led by our current students, allowing you a real insight into life at Essex. Academics from subjects that had Clearing vacancies at our Colchester Campus will be available in the Ivor Crewe Lecture Hall from 12-2pm to discuss your course with you and answer any burning questions you might have.

You don't need to book before attending the Open Day - just drop-in.

Campus tours

If you're unable to attend the Open Day, you can always come to one of our organised informal tours on Sunday 21 August.

Can't get to Campus?

Don’t worry – our interactive virtual tours and videos allow you to explore our campuses, accommodation and facilities in Colchester and Southend. You can even take a look at our Colchester Campus using Google Streetview.

Applying

How to apply during Clearing

Once you’ve checked that we have the right course for you, applying couldn’t be simpler. Fill in our quick and easy Clearing application form with as much detail as you can. We’ll then take a look and get back to you with a decision. There’s no need to call us to apply; just do it all online.

Interviews

We don’t interview all applicants during Clearing, however, we will only make offers for the following course after a successful interview:

  • BA Multimedia Journalism

The interview allows our academics to find out more about you, and in turn you’ll be able to ask us any questions you might have.

Further details will be emailed to you if you are shortlisted for interview.

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Although great care is taken in compiling our course details, they are intended for the general guidance of prospective students only. The University reserves the right to make variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses, if such action is reasonably considered to be necessary by the University.

The full procedures, rules and regulations of the University are set out in the Charter, Statues and Ordinances and in the University Regulations, Policy and Procedures.