Clearing 2021
Undergraduate Course

BSc Accounting

Now In Clearing
BSc Accounting

Overview

The details
Accounting
N400
October 2021
Full-time
3 years
Colchester Campus

What’s the difference between financial and management accounting? How can accountants help improve business for the better?

Accounting informs almost all areas of business, from strategy to outsourcing and operational planning to environmental policies. At Essex Business School, accounting means more than cutting costs and managing transactions. It’s vital for ensuring accountability by encouraging sound, ethical decision making so that you can make a positive impact in the workplace.

From an undergraduate accounting degree at Essex you gain a firm understanding of the financial drivers underpinning business leadership, strategy, planning, governance and ethics. You explore both financial and management accounting and use case studies to apply theory to practice, skills which will be in an increasingly high demand from employers over the coming years.

You’ll gain a broad understanding of accounting and benefit from academic expertise in a range of areas, studying topics such as:

  • preparation and analysis of financial statements
  • regulation in governing accounting practice
  • principles of cost accumulation
  • financial and management accounting theory
  • providing information to managers to assist their decision making

We ensure you gain a fully-rounded business education by introducing you to subjects such as finance, management, marketing and economics in your first year. In your second and final years, you can choose from selected optional modules to tailor the programme to your accounting career aspirations.

In your final year of your accounting degree, you have the opportunity to put your knowledge into practice by completing an in-depth, independent research project or dissertation. This will give you the chance to further develop vital employability skills in areas of research, time management and critical thinking.

You join an international community of students and staff, working to make organisations better places to do business.

Introduction to Accounting at Essex

Watch as Dr Jacob Agyemang, senior lecturer in Accounting at Essex Business School discusses how study at university differs to that at college level from an accounting perspective, he also goes on to outline what makes our undergraduate degrees unique.

Professional accreditation

Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Accredited by the Institute of Chartered Accountants England and Wales (ICAEW) for the purpose of exemption from some professional examinations.

Completion of this course gives you accreditation exemptions from up to nine professional examination papers with The Association of Chartered Certified Accountants (ACCA).

Depending on the module options you choose during your studies, you can currently obtain up to seven exemptions from professional examinations awarded by the Chartered Institute of Management Accountants (CIMA).

This course also enables you to take up to five exemptions for certificate level examinations offered by the Institute of Chartered Accountants in England and Wales (ICAEW).

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

Why we're great.
  • This course gives you exemptions from many professional exams, giving your career a head start
  • You’re taught by industry renowned academics and practitioners
  • We teach you to be accountable, act ethically and make financial decisions that positively impact both organisations and society
THE Awards 2018 - Winner University of the Year

Study abroad

The four-year version of this course enables you to study abroad during your third year. In all other areas, this version of the course remains identical to the standard three-year variant.

You can study abroad with one of our exchange partners in the United States, Europe, Canada, Australia, New Zealand, Latin America, the Middle East, Hong Kong and Japan. In doing so, you experience other cultures and languages, meet new people, and gain intercultural skills that are sought-after by employers.

Placement year

You may decide to opt for a placement year, where you develop your professional skills and build a network of business contacts. A placement year can give you a career advantage by showing future employers that you are a dedicated and experienced professional.

The Student Development Team 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. Most recently, our students have gained placements with organisations such as BMW, Samsung and Cummins.

Our expert staff

You learn from academics and industry practitioners whose research continues to have a real-world impact. Many of our highly qualified and enthusiastic team are published in world-leading journals and publications.

Our staff specialise in areas including:

  • accounting and economic development in the public and third sectors
  • regulation and corporate social responsibility
  • finance and banking
  • accounting and finance in developing economies
  • contemporary financial markets and their participants
  • corporate governance in developing countries

Dr Silvia Gaia, Lecturer in Accounting at Essex Business School, researches the fields of Corporate Governance, financial and social-environmental reporting. She has publications in academic journals such as Accounting, Auditing and Accountability Journal, British Accounting Review, Journal of Business Ethics and International Business Review.

Our staff embed the latest research into your course, so you learn about real-world issues affecting accounting right now.

Specialist facilities

Our BSc Accounting is based at our Colchester Campus.

In our landmark Essex Business School building, the first zero carbon business school in the UK, you’ll see our sustainable approach to business first-hand. Set around a lush winter garden, are a wealth of inspiring teaching and study zones.

Our custom designed building provides you with superb facilities:

  • a virtual trading floor with Bloomberg Terminals offering direct use of Bloomberg data, information and analytics
  • access to X_TRADER, industry-leading software for trading multiple markets from a single screen
  • light and spacious lecture theatres with ‘listen again’ recording to aid your study
  • study pods and innovation booths for group working
  • a café and adjacent foyer to enjoy on-site fresh food and drink
  • study skills support provided by the EBS Learning Team

Our Colchester building is located on the Knowledge Gateway, an innovation park housing some of the East of England’s most exciting science, technology and creative businesses. Parkside Office Village sits on the site, providing potential opportunities for networking, internships and work experience directly on campus.

Your future

Skilled and agile accountants are in high demand in the graduate job market.

Many of our graduates go on to work as trainee accountants straight after graduation as Essex Business School prepares you for the world of work from day one.

The BSc Accounting curriculum taught here embeds transferable employability skills in analysis, critical thinking, presentation and communication across all modules.

The Study Skills module in year one will develop your academic skills, while the Student Success modules in year two will build on what you learned in year one and so that you can easily step up to meet the growing academic demands of your second and final years. The Successful Futures module in year two will foster your professionalism and introduce you to the graduate recruitment process, including practical advice to excel at interviews and assessment centres.

Recent graduate destinations include:

  • Junior Tax Consultant at Deloitte – the multinational and financial services network
  • Treasury Analyst at Hiscox, a multinational business insurance and home insurance provider
  • Junior Consultant - Valuation & Advisory at Cushman & Wakefield – commercial property and real estate consultants
  • Private Client Tax Senior Associate at PwC - a multinational professional services network
  • Global Finance & Business Analyst at J.P. Morgan – global financial services provider
  • Audit Associate at EY - a multinational professional services firm
  • Executive at PwC - a multinational professional services network

The School will support you with a range of skills and careers opportunities, including: skills development workshops; employer talks; skills events and careers conferences.

BSc Accounting students can also take advantage of the services offered by the Student Development Team, including: careers advice; work experience; internships; placements; and voluntary opportunities.

Entry requirements

Clearing entry requirements

Specific entry requirements for this course in Clearing are not published here but for most of our degree courses you will need to hold a Level 3 qualification. If you are interested in applying and have already received your results, use our Clearing application form to apply for 2021 entry and find out if you are eligible. You will be asked to provide details of your qualifications and grades.

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 Student 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 Student 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.

Additional Notes

If you’re an international student, but do not meet the English language or academic requirements for direct admission to this degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College here.

Structure

Course structure

The course structure is designed to cover everything a future accountant would need to know, as well as taking a wider look at the industry. Some modules will focus mainly on the numbers whilst others will put these into perspective and teach you how managers use accounting information to make decisions.

In the first year you’ll also cover wider business topics that every manager needs to know. In second and third year you’ll have optional modules and by picking certain modules you’ll be able to maximise the number of exemptions available to you from bodies such as ACCA, helping you on the way to achieving chartered status. There’s also flexibility to study non-accounting modules through your options.

We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The course content is therefore reviewed on an annual basis to ensure our courses remain up-to-date so modules listed are subject to change.

Teaching and learning disclaimer

Following the impact of the pandemic, we made changes to our teaching and assessment to ensure our current students could continue with their studies uninterrupted and safely. These changes included courses being taught through blended delivery, normally including some face-to-face teaching, online provision, or a combination of both across the year.

The teaching and assessment methods listed show what is currently planned for 2021 entry; changes may be necessary if, by the beginning of this course, we need to adapt the way we’re delivering them due to the external environment, and to allow you to continue to receive the best education possible safely and seamlessly.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

Status What this means
Core
You must take the set module for this component and you must pass. No failure can be permitted.
Core with Options
You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.
Compulsory
You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Compulsory with Options
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Optional
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

HR 100  4  FY

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number. 

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

  • AU: Autumn term
  • SP: Spring term
  • SU: Summer term
  • FY: Full year 
  • AP: Autumn and Spring terms
  • PS: Spring and Summer terms
  • AS: Autumn and Summer terms

COMPONENT 01: CORE

Introduction to Accounting
(30 CREDITS)

Accounting has a lot to do with numbers, however it isn’t just about keeping track of money coming into and out of a firm. In this introductory module you’ll discuss the true nature and role of accounting and will consider who uses accounting information and for what purpose. You’ll also be introduced to the role of regulation in governing accounting practice. This module provides essential skills and information you need to know whether you want to become an accountant, be a manager or start your own company.

View Introduction to Accounting on our Module Directory

COMPONENT 02: CORE

Quantitative Methods and Finance
(30 CREDITS)

Throughout your career you’ll likely need to make use of a wide variety of quantitative techniques, particularly those related to accounting, finance and management. In this module you’ll revise your previous maths knowledge whilst also considering the time value of money, rates of change, probability and statistics and 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.

View Quantitative Methods and Finance on our Module Directory

COMPONENT 03: CORE

Introduction to Management and Marketing
(30 CREDITS)

When studying management and marketing you’ll often find out that it is all about people. An organisation isn’t made up of buildings and equipment, but of individual people. In this introductory module you’ll consider a wide variety of important management issues, and in line with our Essex beliefs, you’ll consider ethical implications and the responsibilities which organsiations have to society and other stakeholders. You’ll also begin to consider how there may be significant gaps between management theory and real life.

View Introduction to Management and Marketing on our Module Directory

COMPONENT 04: COMPULSORY

Economics for Business
(30 CREDITS)

Join experts from our Department of Economics for your essential introduction to economics that business managers and leaders need to know. 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.

View Economics for Business on our Module Directory

COMPONENT 05: COMPULSORY

Research and Study Skills for Professional Development
(0 CREDITS)

Studying at university may be very different to your previous experiences. This module encourages you to become an active, independent learner, with the ability to reflect on business situations and form your own opinions, ensuring 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.

View Research and Study Skills for Professional Development on our Module Directory

COMPONENT 06: COMPULSORY

Student Success Tutorial
(0 CREDITS)

At Essex Business School we offer all our students a wide variety of support throughout your time with us. In this module we’ll introduce you to effective study techniques and tools, including letting you know about the study skills support and resources available to you. 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.

View Student Success Tutorial on our Module Directory

COMPONENT 01: COMPULSORY

Financial Reporting and Analysis
(30 CREDITS)

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.

View Financial Reporting and Analysis on our Module Directory

COMPONENT 02: COMPULSORY

Management Accounting I
(15 CREDITS)

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.

View Management Accounting I on our Module Directory

COMPONENT 03: COMPULSORY

Corporate Finance
(15 CREDITS)

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.

View Corporate Finance on our Module Directory

COMPONENT 04: COMPULSORY

Management Accounting II
(15 CREDITS)

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.

View Management Accounting II on our Module Directory

COMPONENT 05: OPTIONAL

2nd year EBS (Colchester Campus) option(s) from list
(30 CREDITS)

COMPONENT 06: OPTIONAL

2nd year EBS (Colchester Campus) option from list
(15 CREDITS)

COMPONENT 07: COMPULSORY

Successful Futures
(0 CREDITS)

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.

View Successful Futures on our Module Directory

COMPONENT 08: COMPULSORY

Student Success Tutorial
(0 CREDITS)

This compulsory module equips you with effective study practices to excel in your second year at Essex Business School. It gives your guidance on how to use feedback effectively to improve and develop your academic skills and improve your performance. It provides the opportunity to create an action plan for your personal and professional development whilst at university.

View Student Success Tutorial on our Module Directory

COMPONENT 01: COMPULSORY

Current Issues in Financial Reporting
(30 CREDITS)

What does accounting do and why, and what is done in the name of accounting but might <i>not</i> 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.

View Current Issues in Financial Reporting on our Module Directory

COMPONENT 02: COMPULSORY

Advanced Management Accounting
(15 CREDITS)

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.

View Advanced Management Accounting on our Module Directory

COMPONENT 03: COMPULSORY

Critical Debates in Accounting
(15 CREDITS)

In this module, you evaluate contemporary developments and research in the field of management accounting, using real-life business case studies. You explore management accounting within economic, political, social and cultural contexts, exploring issues such as deregulation, globalisation and increasing customer demands. You examine strategic issues such as cost management, performance measurement and management controls and explore how organisational and technological changes are impacting the discipline both nationally and internationally.

View Critical Debates in Accounting on our Module Directory

COMPONENT 04: COMPULSORY

Elements of Corporate and Business Law
(15 CREDITS)

Develop your legal knowledge by studying Partnership Law, followed by various aspects of Company Law (including professional negligence), together with the rules of Agency, Insolvency principles, the offence of Insider Dealing and Employment Law.

View Elements of Corporate and Business Law on our Module Directory

COMPONENT 05: COMPULSORY WITH OPTIONS

BE936-6-FY or CS316-6-FY
(30 CREDITS)

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

Fees and funding

Home/UK fee

£9,250

International fee

£17,700

EU students commencing their course in the 2021-22 academic year will be liable for the International fee.

Fees will increase for each academic year of study.

Home/UK fees and funding information

International fees and funding information

What's next

Open Days

Our events are a great way to find out more about studying at Essex. We run a number of Open Days throughout the year which enable you to discover what our campus has to offer. You have the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

Check out our Visit Us pages to find out more information about booking onto one of our events. And if the dates aren’t suitable for you, feel free to book a campus tour here.

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.

Find out more about Clearing

Interviews

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

  • BA Multimedia Journalism
  • BSc Nursing (Adult)
  • BSc Nursing (Mental Health)
  • BA Social Work

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.

 

Apply now

Please note that the following courses are no longer open to applicants who require a Student visa to study in the UK: BSc Nursing (Adult), BSc Nursing (Mental Health), BA Stage and Production Management, Cert HE in Theatre Arts, BA World Performance and BA Creative Producing.

Colchester Campus

Visit Colchester Campus

Home to 15,000 students from more than 130 countries, our Colchester Campus is the largest of our three sites, making us one of the most internationally diverse campuses on the planet - we like to think of ourselves as the world in one place.

The Campus is set within 200 acres of beautiful parkland, located two miles from the historic town centre of Colchester – England's oldest recorded town. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.

 

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tours allows you to explore our University from the comfort of your home. Check out our Colchester virtual tour and Southend virtual tour to see accommodation options, facilities and social spaces.

Exhibitions

Our staff travel the world to speak to people about the courses on offer at Essex. Take a look at our list of exhibition dates to see if we’ll be near you in the future.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.


Find out more

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of 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. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

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