Undergraduate Course

BSc Accounting

Now In Clearing
BSc Accounting

Overview

The details
Accounting
N400
October 2018
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, where this course is taught, accounting means more than cutting costs and managing transactions. It’s vital for ensuring accountability by encouraging sound, ethical decision making.

Our BSc Accounting is accredited by professional accounting bodies and provides the essential knowledge and skills for a rewarding, fast-paced career.

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.

You study 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 career aspirations.

In your final year, 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, and Essex is top 15 in England for overall student satisfaction (NSS 2018, mainstream universities*)

BSc Accounting can also be taken with either a placement or study abroad year.

* Non-specialist higher education institutions with a survey population of at least 500.

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.

Why we're great.
  • This course gives you exemptions from many ACCA, ICAEW and CIMA exams
  • You’re taught by industry renowned academics and practitioners
  • We're ranked in the UK's top 25 for research quality (The Times and The Sunday Times Good University Guides 2018)

Study abroad

The four-year version of our BSc Accounting gives you the opportunity to spend your third year studying abroad. 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 skills in organisation and flexibility, which are sought-after by employers.

If you spend a full year abroad you'll only pay 15% of your usual tuition fee to Essex for that year. You won't pay any tuition fees to your host university

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

If you complete a placement year you'll only pay 20% of your usual tuition fee to Essex for that year.

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

We are home to industry renowned figures, including Emeritus Professor Prem Sikka, whose work on tax avoidance is frequently cited in The Guardian, The Huffington Post and The Independent.

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

Specialist facilities

Our BSc Accounting is based at our Colchester Campus.

Our Colchester building is the first zero carbon business school in the UK, set around a lush winter garden and Eden-style dome that gives the building its own micro-climate.

We provide excellent learning and socialising facilities:

  • a virtual trading floor with Bloomberg Financial Market Labs; use Bloomberg data, information and analytics to learn about trading stocks and securities
  • a state-of-the-art lecture theatre, with seating for 250 students
  • study pods and innovation booths for group working
  • a café with an adjacent sun terrace
  • 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

An Essex education prepares you for employment; 81% of Essex Business School undergraduates (UK, EU and International) were in professional employment or postgraduate study within six months of graduating (DLHE 2016).

Your course develops your transferable employability skills in analysis, critical thinking, presentation and communication. Specialist modules foster your professionalism and introduce you to the graduate recruitment process, including practical advice to excel at interviews and assessment centres.

Our graduates can develop rewarding careers in a range of disciplines including financial analysis, management, public administration and accountancy. Many work at high-profile organisations and innovative SMEs across the globe, such as:

  • PWC
  • EY
  • AVIVA
  • 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 ventures. Recent examples include:

  • ethical fashion range Fikay Fashion, by EBS graduate Aaron Jones BEM
  • the Nordics’ largest entrepreneurial jobs portal, startupmatcher.com
  • crowdfunded Zizzy Bar, a mobile events service with more than 10,000 Instagram followers

You benefit from a range of career support and employability opportunities from the School, including access to employer talks. The University’s Employability and Careers Centre can also provide information about further work experience, internships, placements, and voluntary opportunities.

Entry requirements

Clearing entry requirements

If you have already received your results, use our Clearing application form to apply for 2018 entry through Clearing. 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 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.

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

Example structure

We offer a flexible course structure with a mixture of compulsory and optional modules chosen from lists. Below is just one example structure from the current academic year of a combination of modules you could take. Your course structure could differ based on the modules you choose.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore all modules listed are subject to change. To view the compulsory modules and full list of optional modules currently on offer, please view the programme specification via the link below.

Introduction to Accounting

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.

View Introduction to Accounting on our Module Directory

Quantitative Methods and Finance

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.

View Quantitative Methods and Finance on our Module Directory

Introduction to Management and Marketing

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.

View Introduction to Management and Marketing on our Module Directory

Economics for Business

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

Research and Study Skills for Professional Development

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.

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

Student Success Tutorial

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.

View Student Success Tutorial on our Module Directory

Financial Reporting and Analysis

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

Management Accounting I

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

Management Accounting II

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

Corporate Finance

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

Quantitative Foundations of Finance (optional)

Would you play the lottery? Should you buy smartphone insurance? When are car insurance premiums too expensive? This module further examines key concepts in modern finance theory and explores how they help to make better investment decisions. You explore probability concepts and learn how they are used to describe the risks and consequences of financial decisions. You explore how individuals decide whether risks are worth taking and how investment companies use software to minimise financial risks and maximise rewards. You explore important concepts used by investment banks and fund managers, including mean-variance analysis, net present value and pricing models.

View Quantitative Foundations of Finance (optional) on our Module Directory

Audit Principles and Practice (optional)

This module focuses on the practice of auditing and will be of specific interest if you intend to take professional accounting examinations after you graduate. You cover basic auditing concepts, including the tests and procedures auditors undertake to accumulate evidence. You explore the importance of independence in auditing and how auditors evaluate internal control systems. You examine the verification of assets and liabilities and learn about the different types of audit reports.

View Audit Principles and Practice (optional) on our Module Directory

Portfolio Analysis (optional)

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.

View Portfolio Analysis (optional) on our Module Directory

Successful Futures

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

Student Success Tutorial

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

Organisational Behaviour (optional)

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.

View Organisational Behaviour (optional) on our Module Directory

Current Issues in Financial Reporting

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

Advanced Management Accounting

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

Issues in Management Accounting

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 Issues in Management Accounting on our Module Directory

Applying E-Commerce in Business (optional)

This module evaluates the opportunities and challenges of conducting businesses online. You develop your critical and analytical skills by exploring key concepts in ecommerce and electronic business and examining their effects on society and the economy. Topics include e-business infrastructure, online revenue, payment systems, digital marketing and online security. You also debate the ethical, moral and legal issues of trading online, including areas such as spatial unboundedness, ‘the digital divide’, privacy and security breaches.

View Applying E-Commerce in Business (optional) on our Module Directory

Elements of Corporate and Business Law

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

Auditing (optional)

What are the key concepts and issues in auditing? You are introduced to the role of the auditor, followed by an analysis and evaluation of the two main audit approaches: audit risk-based auditing and business risk-based auditing. You then discover key auditing concepts such as the true and fair view, evidence and independence.

View Auditing (optional) on our Module Directory

Accounting Project

This module gives you the chance to apply the knowledge and skills gained on your course by undertaking an independent research project on an accounting topic of interest to companies, organisations, government or society. Topics may include areas such as: accounting standards, audit and risk; regulation; governance; financial markets; taxation and financial management. Workshops guide you towards the selection of a problem or question to investigate and you attend two one-day Accounting Project Conferences to learn how to prepare, plan and complete your research. By undertaking the project, you develop research skills, competencies and knowledge vital for the professional world of accounting post-graduation.

View Accounting Project on our Module Directory

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/EU fee

£9,250

International fee

£14,020

Fees will increase for each academic year of study.

Home and EU fee information

International fee 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.

2018 Open Days (Colchester Campus)

  • Saturday, September 15, 2018
  • Saturday, October 27, 2018

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.

Find out more about Clearing

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
  • 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
Colchester Campus

Visit Colchester Campus

We want you to throw yourself in at the deep end, soak up life and make the most of those special Essex moments.

Home to over 13,000 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.

 

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.

The University makes every effort to ensure that this information on its course finder 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 a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or 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 prospective 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.

Related courses

Two women looking at a PC screen
Ask us a question

Want to quiz us about your course? Got a question that just needs answering? Get in touch and we’ll do our best to email you back shortly.