Undergraduate Study2015 Prospectus

Courses

BSc (Hons)

Accounting and Financial Management

School of Business and Economics

Year of entry: 2015

This course sets accounting and finance in a management and organisational context as well as giving its graduates a clear understanding of the challenges facing accountants in a global business environment. It offers the opportunity to study current issues of theory and practice in a range of areas which reflect contemporary research.

Course information

Why Choose Us?

  • 1st in the UK for Employability of Business and Management graduates
    (Guardian University Guide 2013)
  • 7th for Finance and Accounting
    (The Times/Sunday Times Good University Guide 2015)
  • Consistently rated as a Top-10 UK Business School

This course aims to produce high quality graduates with the knowledge, skills and understanding needed for an effective and valued career in the accounting and financial management professions, as well as management or consultancy.

We develop teaching and learning in response to advances in academic theory and the needs of the business community. Our links with industry, professional firms and accounting bodies ensure that the course is relevant, practical and constantly updated.

The course is distinctive in that, alongside the in-depth coverage of accounting and financial management, it seeks to develop knowledge and understanding of the foundational disciplines of management and business in a variety of contexts.

This course is accredited by major professional accounting bodies in the UK and graduates of our course receive exemptions from various examinations of these bodies.

Teaching and Learning Methods

We are committed to helping you stand out in the increasingly competitive graduate job market and many of our graduates go on to enjoy rewarding careers with major international companies.

Our high quality courses develop skills valued by employers including independent learning and research, analytical skills, group work, presentation skills, project work, computer skills and numeracy. Our wide variety of optional modules enables students to focus on areas related to their career aspirations.

Lectures are supported by online resources, tutorials, workshops, seminars and discussion groups. Some tutorials are streamed according to prior qualifications in mathematics.

Assessment

Depending on the nature of the material, some modules are assessed by a mixture of coursework and examination (for example 50% coursework and 50% examination), whilst other modules are assessed by 100% coursework or 100% by examination.

Coursework is based on a variety of tasks including individual essays, projects, contribution in tutorials, group work, presentations, business reports, problem-sheets and computer-based exercises.

Professional Placements

The third year of the degree is spent on a salaried professional or business placement. This could be with a firm of chartered accountants or in an accounting or financial management position with a commercial, industrial or public sector organisation. In most cases, the experience will be eligible to be counted towards your professional qualification after graduation.

Our dedicated placements office has contacts with over 400 companies worldwide who regularly target our students to recruit for salaried placement positions, many of whom are offered a job after their degree.

On successful completion of the placement year, you will be awarded a Diploma in Professional Studies in addition to your degree.

Study Abroad

All of our students can also choose to develop their language skills by spending the year between their second and final year studying abroad at one of our partner universities around the world. This results in a Diploma in International Studies in addition to your degree. Additionally, you could combine a shorter business placement abroad with one semester studying in a partner university taught in English.

Professional Recognition

Examination exemptions from professional accountancy bodies including ACCA, AIA, CIMA, CIPFA, ICAEW and ICAS. 

Enterprise Ethos

Enterprise is a key part of the Loughborough experience and can really boost your job prospects. All our business degrees include a module to develop our students’ enterprise and employability skills. There are also specific modules in entrepreneurship for those with aspirations to start their own businesses.

Student Enterprise thrives on campus with a range of extra-curricular activities including business planning competitions, events, and support services for students with real business ideas.

Selection

Selection interviews are not normally held, and offers of places are made on the basis of your UCAS form, particularly your referee’s report and previous examination performances. Candidates who are offered a place are invited to visit the School and meet staff and current students on one of several Visit Days.

Career Prospects

Most graduates from this course follow careers and professional qualifications in accounting and financial management, either in industry, commerce, the public services or professional practice, whilst some move into other management areas, including consultancy.

Graduates from Loughborough are in great demand and many are quickly given high levels of responsibility. Our graduates hold senior positions in major companies and firms of chartered accountants.

*Diploma in Professional/International Studies
**Examination exemptions from accountancy professional bodies

Course structure

Year 1
  • Financial Accounting
  • Accounting in Context
  • Micro and Macroeconomics 
  • Organisational Behaviour
  • Introduction to Law
  • Skills for Study and Work 
  • Quantitative Methods for Business
  • Business Modelling
  • Organisations in the International Context
Year 2
  • Financial Reporting
  • Management Accounting
  • Financial Management 
  • Business Information Management
  • Company Law
  • Information Systems Development


Plus five modules from a list of options including:

  • International Business
  • Human Resource Management
  • Marketing
  • Operations Management
  • International Economics and Data Analysis for Managers
Year 3
  • Salaried professional placement
Year 4
  • Advanced Financial Reporting
  • Management Accounting and Control 
  • Financial Management and Corporate Policy


Plus a number of modules from a wide range of options including:

  • Auditing
  • Further advanced accounting subjects
  • Financial management subjects
  • General management subjects including modules in international business

Please note that optional modules are subject to availability and timetable permitting.

UCAS codes and entry requirements

The entry requirements for each course should be read alongside the University’s general entrance requirements, which give further details on acceptable subjects, alternative qualifications and minimum English language requirements.

UCAS code: NN34BSc (Hons) DPS/DIntS 4 years full-time sandwich

A-Level
AAB normally at the same sitting (General Studies, Critical Thinking and Communication and Culture not usually accepted). In some circumstances we may ask applicants to achieve specific grades in certain subjects
SQA AH
A2 B1, plus Highers at A2 A2 A2 B1 B1
IB
36 points minimum
Other
BTEC Level 3 Extended Diploma: DDD profile
Additional
Strong GCSE profile including minimum grade B in Maths and English Language (or equivalent)

SQA AHScottish Qualifications Authority Advanced Highers IBInternational Baccalaureate Diploma DPSDiploma in Professional Studies DISDiploma in Industrial Studies DIntSDiploma in International Studies

Department / School Key Information Sets

BSc (Hons) DPS/DIntS 4 years full-time sandwich

UCAS code: NN34