Undergraduate Course

BSc Accounting and Finance

Now In Clearing
BSc Accounting and Finance

Overview

The details
Accounting and Finance
N420
October 2019
Full-time
3 years
Colchester Campus

How can finance professionals act responsibility, but still meet business objectives? How does accounting information inform business decision making?

Our BSc Accounting and Finance degree provides access to our virtual trading floor, where you make use of real-world Bloomberg Market Data Feed (B-PIPE), information and analytics to practice trading stocks and securities in the type of environment found in City finance firms.

You study a wide range of topics and develop your quantitative skills, giving you the flexibility to pursue a career in finance, accounting or business management after graduation.

You explore areas such as:

  • the preparation of financial statements and budgets
  • accounting standards and corporate governance
  • financial theory
  • portfolio management
  • options and futures markets
  • risk management

BSc Accounting and Finance includes an introductory first year to familiarise you with wider business topics, such as management, marketing and economics.

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.

Essex is one of just three UK universities to have received Q-Step Affiliate status, including for our BSc Accounting and Finance course, to support the way we develop the quantitative skills of our graduates.

This means we can provide work placement bursaries to develop your skills in evaluating numerical evidence, analysing data and designing research. We also offer the opportunity to follow a specialised degree path, where you graduate with enhanced quantitative skills. These are evidenced on your degree transcript, to help give you the competitive edge in the graduate job market.

BSc Accounting and Finance is taught at Essex Business School, ranked 25th in the UK for research quality (The Times and Sunday Times Good University Guide 2019). Our finance group is one of the largest and most respected in the country and our students and staff join us from all over the world.

We not only teach you how financial information underpins leadership, strategy and planning, but how financial decisions can impact society and the economy. We develop your understanding of governance and ethics, so you can take actions for the good of organisations and the wider world.

Essex Business School is an Investment Management Certificate (IMC) Advantage Partner and this course is aligned to the IMC syllabus, the industry’s benchmark entry-level qualification.

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

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.
  • 90% of our Accounting and Finance students expressed overall satisfaction with their course (NSS 2019).
  • Essex Business School is an IMC Advantage Partner
  • Q-Step Affiliate Status gives you the chance to follow a specialised pathway in Applied Quantitative Methods
THE Awards 2018 - Winner University of the Year

Study abroad

The four-year version of our BSc Accounting and Finance 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 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

Alternatively, you may decide to take on a placement year to gain relevant work experience within an external organisation. A placement year 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. We also offer a number of other employability opportunities during your studies. 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 and Finance 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

Today’s graduate job market is competitive, with employers looking for candidates who understand how business works. An Essex education prepares you for the world of work.

The Essex Business School Placements Team are winners of the National Undergraduate Employability Awards 2018: Best University Placement Service (Under 100 Placements).

“In a graduate labour market where you need more than just a good degree, I believe that Essex offers our student unparalleled opportunities to develop relevant, transferable skills and wither interests sought by today’s employers.” Vicki Doughty, Essex Business School Placements Manager.

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 and 2018 Alumnus of the Year, Aaron Jones BEM (who has since gone on to become CEO of AI Marketing company, See Fashion)
  • 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.

“I chose to study Accounting and Finance because at sixth form I studied accounting, business, economic, maths and further maths so all my subjects were linked to accounting and finance. I realised I liked the subject and chose to study further at university.

I love maths, however, enjoying and loving maths does not equal to being good at maths! But, you’ve got to do something you enjoy. I was doing just BSc Accounting at first but at the end of my first year I changed my degree to BSc Accounting and Finance because I really enjoyed the finance modules in my first year because there was loads of algebra and maths in it so I thought “why don’t I take that up?”. It adds a little more spice to my degree, it’s a dual degree so I can go to both branches and it gives me more options.”

Fia Almanda, BSc Accounting and Finance (2019)

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 2019 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 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

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

Financial Modelling

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.

View Financial Modelling 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

Financial Intermediaries, Instruments and Markets

At the heart of all modern economies lies a sophisticated network of financial intermediaries whose primary function is the collection of savings from households and their subsequent allocation to organizations that need this financing. About these financial intermediaries we ask (1) who are they? (2) what do they do? (3) why do they exist?

View Financial Intermediaries, Instruments and Markets on our Module Directory

Portfolio Analysis

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 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

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

Options and Futures

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.

View Options and Futures on our Module Directory

Risk Management and Financial Institutions

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.

View Risk Management and Financial Institutions on our Module Directory

Corporate Governance (optional)

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.

View Corporate Governance (optional) on our Module Directory

Finance Research Project (optional)

This module gives you the chance to critically investigate a contemporary financial issue. You put the knowledge gained on your course into practice by undertaking an independent, self-directed project or dissertation that develops your research and employability skills ready for graduate employment.

View Finance Research Project (optional) 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

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

£15,750

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.

2019 Open Days (Colchester Campus)

  • Saturday, September 21, 2019
  • Saturday, October 26, 2019

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

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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.

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.

 

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