Undergraduate Course

BSc Finance

BSc Finance

Overview

The details
Finance
N300
October 2018
Full-time
3 years
Colchester Campus

Are you interested in how financial markets operate? Do you want to learn about financial decision making and investment? Would you like to join one of the UK’s largest and most respected finance groups, with some of Britain’s most satisfied students?

This professionally accredited course prepares you for a fast-paced career in any area of finance. In your third year, you also have the opportunity to undertake a work placement or study abroad year.

You have access to our virtual trading floor, where you can trade multiple markets from a single screen with industry leading software, X_TRADER. You can also use real-world Bloomberg data, within minutes of it being released, so you can practise making business decisions in the same way you might in the workplace.

The course examines international financial markets, as well as how finance shapes leadership, strategy and planning within organisations.

Topics may include:

  • the pricing of securities in financial markets
  • risk management
  • corporate finance and financial decision making
  • business economics
  • quantitative methods
  • financial modelling
  • portfolio analysis

We use real-life examples to apply theory to practice and develop your capacity to analyse statistics. Ethics underpins all of our teaching, so you can graduate with the ability to make sound, responsible financial decisions for the benefit of organisations and their stakeholders.

Your first year ensures you receive a fully-rounded business education by introducing you to topics such as marketing, economics, management and accounting.

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 gives you the chance to further develop vital employability skills in areas of research, project management and critical thinking.

BSc Finance also 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 degree 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. This course is aligned to the Investment Management Certificate (IMC) syllabus, the industry’s benchmark entry-level qualification.

The University of Essex is also a member of the CFA Institute University Affiliation Program, enabling us to award up-to six exceptional students each year with a scholarship that goes towards the fees for the CFA Program Level One exam, so you can start your journey of becoming a Chartered Financial Analyst (CFA). Achieving this accolade is one way to enhance your CV if you're interested in pursuing a career in investment management.

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.

Recognised by the Chartered Financial Analyst Institute (CFA).

Why we're great.
  • This course gives you exemptions from some ACCA and CIMA exams.
  • Our finance courses have 90% student satisfaction (NSS, 2017).
  • This course is aligned to the IMC syllabus, the industry’s benchmark entry-level qualification.

Study abroad

Why not develop your international education by studying abroad at one of our exchange partners? You can study abroad in the United States, Europe, Canada, Australia, New Zealand, Latin America, the Middle East, Hong Kong and Japan.

With the four-year version of our BSc Finance, you spend your third year studying in another country. In all other regards, your course content will remain the same as the traditional three-year degree. By opting for this variant, you develop your language skills and demonstrate a range of employability skills, including a willingness to learn and take on new challenges.

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

Like our study abroad option, our placement year variant also extends your degree by a year. You gain valuable business contacts and work experience that can make your CV stand out from the crowd.

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.

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

Our expert staff

Essex Business School, is ranked 25th in the UK for research quality (The Times and Sunday Times Good University Guide 2019) and we have one of the largest finance groups in the country.

You learn from a mixture of industry practitioners and academics, all with wide-ranging research interests and proven academic track records. Their research informs your lectures and seminars, so you learn about the latest issues impacting the finance sector.

Our staff join us from all over the world and specialise in areas such as:

  • financial crises
  • behavioural finance
  • hedge fund performance
  • financial bubbles
  • growth and poverty

Specialist facilities

Our BSc Finance is based at our Colchester Campus.

You learn in the first zero carbon business school building in the UK. Not only is our building environmentally friendly, it provides superb facilities:

  • our winter garden and Eden-style dome maintains the building’s own micro-climate
  • gain in-depth knowledge in our cutting-edge lecture theatres
  • take advantage of our study pods and innovation booths for group working
  • grab a coffee or a bite to eat in our café with an adjacent sun terrace
  • maximise your academic performance with study skills workshops

Your future

We develop your employability skills throughout your course. In your first year, a specialist module develops your professional skills in analysis, critical thinking, presentation and communication. In your second year, our Successful Futures module introduces the graduate recruitment process, including practical advice to excel at interviews and assessment centres.

Our students develop rewarding careers at some of the most recognised brands in the world, as well as exciting SMEs:

  • PWC
  • EY
  • Bank of England
  • 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:

  • 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

Our recent graduates have entered employment in a range of areas from financial analysis to management, public administration and accountancy.

Alongside the University’s Employability and Careers Centre, we work hard to support you on your path to your chosen career, offering you access to employability opportunities such as work experience, internships, placements, voluntary opportunities and employer talks.

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.

“My assignments involve using financial concepts, models and software to solve business challenges. I like that I get to apply my quantitative skills to real-life problems, but also improve my knowledge of IT ready for the workplace. I’ve joined the Trading and Investment Society, volunteered for Enactus Essex and gained work experience with Santander on campus. One of my proudest achievements so far has been securing a summer internship at Lloyds Banking Group; they’ve offered me a place on their graduate scheme after I finish my degree.”

Alina Boboc, BSc Finance (to be awarded 2017)

Entry requirements

UK entry requirements

A-levels: BBB
GCSE: Mathematics C/4

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/4 or above or 4 in IB Middle Years Maths.

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 & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

Sorry, the entry requirements for the country that you have selected are not available here.Please select your country page where you'll find this information.

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

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

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 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

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

Introduction to Banking (optional)

Explore both theoretical and practical issues related to the modern banking business. You consider the main characteristics and types of banks (e.g. commercial and mutual; retail and wholesale) and analyses recent trends and developments in relation to both domestic and international banking markets. You also explore the main items contained in banks' financial statements and discuss the main risks of banking, with particular reference to elementary risk management techniques.

View Introduction to Banking (optional) on our Module Directory

Financial Intermediaries, Instruments and Markets (optional)

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 (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

International Finance

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.

View International Finance on our Module Directory

The Pricing of Securities in Financial Markets

Investigate the theoretical foundations of some widely used pricing models for securities traded in financial markets – equities, options and bonds. You gain an understanding of the theoretical foundations of these models so that you can appreciate both the usefulness and/or the weakness of these models.

View The Pricing of Securities in Financial Markets on our Module Directory

Empirical Finance

Master the necessary skills to conduct econometric research. You consider the Ordinary Least Squares (OLS) method and time series analysis, the conditions under which OLS is employable, the pitfalls and caveats when using OLS and performing analyses on time series data using any estimation method, and prediction and forecasting.

View Empirical Finance on our Module Directory

Financial Markets and Monetary Policy (optional)

Explore the links between money, financial intermediaries, financial markets and the policies that affect them. In particular, you examine the effects of monetary policy on financial markets and on the economy as a whole. Gain an understanding of how interest rates, money supply and central bank actions affect the decisions of economic agents, financial markets and prices.

View Financial Markets and Monetary Policy (optional) 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

Finance Research Project

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 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, October 27, 2018
  • Tuesday, December 18, 2018
  • Tuesday, February 19, 2019

Applying

Applications for our full-time undergraduate courses should be made through the Universities and Colleges Admissions Service (UCAS). Applications are online at: www.ucas.com. Full details on this process can be obtained from the UCAS website in the how to apply section.

Our UK students, and some of our EU and international students, who are still at school or college, can apply through their school. Your school will be able to check and then submit your completed application to UCAS. Our other international applicants (EU or worldwide) or independent applicants in the UK can also apply online through UCAS Apply.

The UCAS code for our University of Essex is ESSEX E70. The individual campus codes for our Loughton and Southend Campuses are ‘L’ and ‘S’ respectively.

Applicant Days and interviews

Resident in the UK? If your application is successful, we will invite you to attend one of our applicant days. These run from January to April and give you the chance to explore the campus, meet our students and really get a feel for life as an Essex student.

Some of our courses also hold interviews and if you’re invited to one, this will take place during your applicant day. Don’t panic, they’re nothing to worry about and it’s a great way for us to find out more about you and for you to find out more about the course. Some of our interviews are one-to-one with an academic, others are group activities, but we’ll send you all the information you need beforehand.

If you’re outside the UK and are planning a trip, feel free to email visit@essex.ac.uk so we can help you plan a visit to the University.

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.

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