The accounting courses involve detailed technical material to enable you to grasp key concepts necessary for analysing and preparing information to meet companies’ external financial reporting requirements.
The hands on experiences acquired during this course will allow you to gain strong skills in time management, resource management, qualitative decision making and analytical thinking. These are the essential competencies necessary for managers in any industry and/or company to make impactful and informative decisions which ultimately contribute to the success of the company.
We combine the practical aspects of finance with the business environment – as a student here, you will have the added advantage of being able to engage with and use case studies from real firms to aid you in understanding and appreciating finance first hand.
Based on your academic standing you have the option of spending your second year at our main Lancaster campus in the UK. This is great for those of you who would like to take a year to experience the British culture without putting your studies on hold. Other benefits of a year abroad is the opportunity to develop your cultural competence and to widen your global network. It broadens your education in a new teaching and learning context and provides you with different perspectives on your discipline.
Exemptions have been awarded by the Association of Chartered Certified Accountants (ACCA) for our BSc (Hons) Accounting and Finance programme (2020-2024).
Many of the modules studied for an Accounting and Finance degree at Lancaster will help our graduates gain up to 6 exemptions, should they decide to pursue chartered accountancy.
This means that graduates interested in becoming chartered accountants via the ACCA route, will have to write far fewer exams in order to do so.
Strong technical skills
Accounting and Finance degrees provide a solid foundation in financial analysis, financial reporting, auditing, taxation, and other technical skills. Graduates are equipped with the knowledge and expertise to handle financial transactions, analyse financial statements, and ensure compliance with accounting standards and regulations. These technical skills are highly valued in finance and accounting roles in various industries.
Numerical proficiency
Accounting and Finance degrees develop strong numerical and quantitative skills. Graduates are adept at analysing financial data, performing calculations, and interpreting financial information. This numerical proficiency is valuable in roles that involve financial analysis, budgeting, forecasting, and investment decision-making.
Attention to detail
Accounting and Finance require high attention to detail. Graduates with an accounting and finance background are trained to meticulously analyse financial records, identify discrepancies, and ensure accuracy in financial reporting. This attention to detail is essential in roles such as auditing, financial analysis, and risk management.
Understanding of financial systems and regulations
Accounting and Finance degrees provide a comprehensive understanding of financial systems and regulations. Graduates are familiar with accounting principles, financial reporting standards, tax laws, and regulatory frameworks. This knowledge is crucial in roles that involve financial compliance, risk management, and ensuring adherence to financial regulations.
Problem-solving and analytical skills
Accounting and Finance degrees develop strong problem-solving and analytical skills. Graduates are trained to analyse complex financial situations, identify issues, and propose solutions. These skills are valuable in roles that involve financial analysis, financial planning, and strategic decision-making.
Versatility in career options
An Accounting and Finance degree opens up a wide range of career options. Graduates can pursue careers in public accounting firms, corporate finance departments, investment banking, financial consulting, and government agencies. This versatility allows individuals to explore different industries and find roles that align with their interests and skills.
Professional certifications
Individuals completing a degree in accounting and finance can require professional certifications such as Certified Public Accountant (CPA) or Chartered Accountant (CA) or (ACCA). An Accounting and Finance degree provides a strong foundation for pursuing these certifications, enhancing career prospects, and demonstrating expertise in the field.
Overall, an Accounting and Finance degree provides individuals with strong technical skills, numerical proficiency, attention to detail, and a comprehensive understanding of financial systems and regulations. These skills and knowledge are highly sought after in finance and accounting roles, making graduates valuable assets in the job market.
Course Structure
| Year 1 | Year 2 | Year 3 |
| Introduction to Accounting and Finance | Accounting Information Systems and Auditing | Taxation |
| Quantitative Methods for Accounting and Finance | Principles of Financial Accounting | Financial Accounting 1 |
| Professional Skills in Accounting & Finance | Management Accounting for Business Decisions | Corporate Finance |
| Statistics & Computing for Management | Principles of Finance | Advanced Management Accounting |
| Principles Economics | Techniques for Management Decision Making | Career Skills in Accounting and Finance |
Assessments
- Coursework and Exams
- Form of assessment – report, presentation, portfolio, etc
- Exam periods: May and August
Employability is one of the key objectives of this course and the modules prepares you (as well as gives you an edge) to be able to get employed with the necessary skills needed in the industry you plan to practice in. It also prepares you if you intend on continuing this subject as a professional course.
We combine the practical aspects of finance with the business environment – as a student here, you will have the added advantage of being able to engage with and use case studies from real firms to aid you in understanding and appreciating finance first hand.
Your skills acquired during this course will allow you to gain strong skills in time management, resource management, qualitative decision making and analytical thinking. These are the essential skills necessary for managers in any industry and/or company to make impactful and informative decisions which ultimately contribute to the success of the company.