About the course
Do you want to widen your career options by studying both finance and business management? Do you want to join one of the largest and most respected finance groups in the UK, with some of Britain’s most satisfied students?
This professionally accredited course is designed to give you career flexibility after graduation. You may seek to lead a finance team within an organisation, pursue a career as a financial analyst or use your business knowledge to work in any area of management. In your third year, you also have the option to undertake a paid work placement to develop your professional skills and further enhance your CV.
You learn about how businesses make financial decisions and study international financial markets. Your management modules also develop the necessary skills and knowledge to be an effective leader.
We use real-life examples to apply theory to practice and you regularly have access to our virtual trading floor. Here, you can learn how to use real-world Bloomberg data, information and analytics to make better business decisions and practise trading stocks and securities using X_TRADER. This industry leading software enables you to trade multiple markets from a single screen.
Management topics may include:
- organisational behaviour
- business strategy
- human resource management
- management psychology
- corporate governance and business ethics
Finance topics may include:
- corporate finance
- financial management
- portfolio analysis
- risk management
- financial markets and trading
Your first year introduces you to finance, management, marketing, accounting and economics so you receive a fully-rounded business education. As your course progresses, you can tailor your studies to your career aspirations by choosing from a selection of optional modules.
In your final year, you have the opportunity to put your knowledge into practice by completing an in-depth, independent research project or dissertation (subject to approval). This will give you the chance to further develop vital employability skills in areas of research, time management and critical thinking.
BSc Financial Management gives you the option to follow a specialised pathway in Applied Quantitative Methods (AQM).
With employers looking for graduates with data analysis skills, The University of Essex is one of just three UK universities to have received Q-Step Affiliate status. By completing necessary AQM modules, your quantitative skills are evidenced on your transcript to give you the competitive edge in the jobs market. We can also provide work placement bursaries to develop your skills in evaluating numerical evidence, analysing data and designing research.
Essex Business School, where this course is taught, is an IMC Advantage Partner. BSc Financial Management is aligned to the Investment Management Certificate (IMC) syllabus, the industry’s benchmark entry-level qualification.
Completion of our course provides you with accreditations and exemptions from the following professional bodies:
- The Association of Chartered Certified Accountants (ACCA )
- The Chartered Institute of Management Accountants (CIMA)
This means you are able to gain a professional qualification by taking fewer exams when you graduate, giving your career a head start.
As well as our standard three-year course, we also offer four-year options with either a study abroad year or a work placement. These additional years are offered at no extra tuition fee cost (2017 entry), with the course content otherwise remaining the same as the standard three-year variant.
Making the decision to study abroad can provide you with the opportunity to develop language skills, experience another culture and develop competencies valued by employers, such as flexibility. Our exchange partners are located in the United States, Europe, Canada, Australia, New Zealand, Latin America, the Middle East, Hong Kong and Japan.
Alternatively, on a placement year you can gain relevant work experience within an external business. This can give you a competitive edge in the graduate job market and provide you with key contacts within the industry.
The Essex Business School Placements Manager can offer bespoke support throughout the process of researching, applying and interviewing for placements. However, it is your responsibility to apply, prepare for and secure your own role. Our students have gained placements with organisations such as BMW, Samsung and Cummins.
Our expert staff
Our finance group is one of the largest and most respected in the UK. We’re proud to be ranked in the UK’s top 20 for finance and our finance courses have 91% student satisfaction (NSS, 2016).
This course is taught at Essex Business School, ranked in the UK’s top 20 by the Chartered Association of Business Schools and the in top 25 in the UK for research excellence (REF 2014).
You learn from leading academics and business practitioners from across the globe. They use research in their teaching to ensure you receive a highly relevant, real-world and engaging education inspired by cutting-edge thinking.
Our staff specialise in areas including:
- behavioural finance
- financial bubbles
- the management of organisational space and architecture
- psychoanalytics of management
BSc Financial Management is based at our Colchester Campus.
Our landmark Essex Business School building is the first zero carbon business school in the UK, set around a lush winter garden and an Eden-style dome that provides the building with its own micro-climate.
You benefit from an inspirational learning environment, facilities and services such as:
- spacious lecture theatres
- ample areas for group working, including study pods and innovation booths
- a café with an adjacent sun terrace
- study skills workshops and resources
- a virtual trading floor
Essex Business School in Colchester is located on the Knowledge Gateway, a technology and research park which builds on the University’s reputation for data science and analytics. The site is home to Parkside Office Village, where you may be able to access networking and work experience opportunities with businesses based there.
A degree from Essex Business School is good for your career; in 2015, 84% of Essex Business School undergraduates and 98.6% of our international (non-UK/EU) undergraduates were in graduate level work or study within six months of graduating (DLHE 2015 leavers). Our graduates work in roles from financial analysis to financial management, business management, public administration and accountancy.
Our recent graduates have gone on to work for a wide range of high-profile companies and innovative SMEs including:
- Bank of England
- John Lewis Partnership
- WeFarm, a social enterprise helping farmers out of poverty
- Footprint Digital, a fast-growing digital marketing agency
Many have also started their own successful businesses. Recent examples include:
In addition to employability opportunities provided by the School, we also work with the University’s Employability and Careers Centre to help you find out about further work experience, internships, placements, and voluntary opportunities. You take a career development module as part of your course to further nurture you employability skills and there is access to employer talks on campus.
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 and optional 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.
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.
This compulsory module aims to help you excel in your academic studies by introducing you to effective study techniques and tools, including the study skills support and resources available to you within Essex Business School. You receive guidance on your academic progress, as well as your personal and professional development. These sessions offer you the opportunity to meet and develop networks and connections within the School and provide key support throughout your first year by helping you to develop the skills and learning strategies needed throughout your degree.
Explore how financial theory can aid financial decision-making in corporations. You discover how to apply the value maximization principle to corporate decisions, such as investment decision, borrowing decisions, and dividend decisions.
What is the appropriate measure of risk for a particular security? How might an investor decide on the weightings of different assets in his/her portfolio? How can we identify mispriced stocks? Should you invest your savings in an actively managed fund or in a passive fund? You consider the main theories of risk and return and explore the implications of these theories for investors' decisions.
Making extensive use of Excel spreadsheets, you use real data to analyse different financial models. Applications will include models of portfolio selection, asset pricing and risk management, as you learn to use basic statistical concepts to test hypotheses relating to financial models.
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.
The business world is increasingly global, complex and fast changing. While some organisations are consistently successful over a long period of time, many fail and are forgotten forever. In theory it should become consecutively easier to imitate the strategies of winning companies and dissipate their profits. In practice, however, only a few firms become long-term leaders. In this course, you explore why that is.
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.
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.
Gain a thorough understanding of the basic international arbitrage relationships of some basic models of exchange rate determination. You then explore topics in economics such as models of currency crisis, and the South American and East Asian Crisis, and investigate international markets from the perspective of a multinational firm, where topics such as the international cost of capital and foreign direct investment are covered.
In this module you study the derivative market, in particular, futures and options markets. You explore various futures markets including the stock index, FX, commodities and interest rate contracts, how they are priced and hedged, and different trading strategies; as well as considering different option positions, the relationship between call and put option prices, and trading strategies.
The (mis)use of financial derivatives can potentially have catastrophic consequences for those who acquire them. And yet in recent years derivatives have become increasingly important, both for the financial sector and for the wider economy. On this course you discover how risk can be managed with the use of derivative instruments.
This module develops your understanding of how modern financial management techniques work in practice and how they can be used to support corporate decision making. We explore the nature and purpose of financial management, the role of financial institutions and the money market and how stakeholders affect corporate objectives. You explore the technical aspects of financial management and explore techniques used for business and asset valuation, investment appraisal and managing capital.
This module introduces you to key concepts, theories and issues in corporate governance. You explore issues of corporate governance regulations, the relationship between accounting and corporate governance, board structure and managerial opportunism, corporate social responsibility and the politics of corporate governance.
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.
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.
This module builds on your understanding of management and organisation by considering the ethics of business activity. You are introduced to the origins, practice and theory of business ethics and corporate social responsibility (CSR). You consider a range of perspectives and use business literature to critically examine organisational ethics and analyse its constraints.
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.
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 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
- 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
UK entry requirements
GCSE: Mathematics C
IB: 30 points, including Standard Level Mathematics grade 4, if not taken at Higher Level. We are also happy to consider a combination of separate IB Diploma Programmes at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information. Please note that Maths in the IB is not required if you have already achieved GCSE Maths at grade C or above.
Entry requirements for students studying BTEC qualifications are dependent on units studied. Advice can be provided on an individual basis. The standard required is generally at Distinction level.
International and EU entry requirements
We accept a wide range of qualifications from applicants studying in the EU and other countries.
for further details about the qualifications we accept. Include information in your email about the
high school qualifications you have already completed or are currently taking.
English language requirements
English language requirements for applicants whose first language is not English: IELTS 6.0 overall. Different requirements apply for second year entry, and specified component grades are also required for applicants who require a Tier 4 visa to study in the UK.
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 listed above. Please note that date restrictions may apply to some English language qualifications
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.
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.