Programme Specification
BSc (Hons) Finance and Management (2019 entry)
Academic Year: 2020/21
This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided.
This specification applies to delivery of the programme in the Academic Year indicated above. Prospective students reviewing this information for a later year of study should be aware that these details are subject to change as outlined in our Terms and Conditions of Study.
This specification should be read in conjunction with:
- Reg. XX (Undergraduate Awards) (see University Regulations)
- Module Specifications
- Summary
- Aims
- Learning outcomes
- Structure
- Progression & weighting
Programme summary
Awarding body/institution | Loughborough University |
Teaching institution (if different) | |
Owning school/department | School of Business and Economics |
Details of accreditation by a professional/statutory body | |
Final award | BSc/ BSc DPS /BSc DInts |
Programme title | Finance and Management |
Programme code | BSUB22 |
Length of programme | The duration of the programmes is six semesters, plus one academic year, and has four streams. Candidates following the Placement Stream are required to spend the third academic year undertaking professional training leading to the Diploma in Professional Studies. In accordance with Senate Regulation XI. Candidates following the Study Abroad Stream or the Language Related Placement Stream are required to spend the third academic year at an approved academic institution. Candidates following the Split Stream are required to spend six months of the third academic year undertaking professional training, and the other half of the third academic year studying at an approved academic institution. The Study Abroad, the Language Related Placement and the Split Stream lead to the Diploma in International Studies (DIntS) in accordance with Senate Regulation XI. The third academic year (Part I) occurs between Part B and Part C. |
UCAS code | |
Admissions criteria | |
Date at which the programme specification was published | Mon, 13 Jul 2020 15:27:11 BST |
1. Programme Aims
The Finance and Management degree programme aims to produce high quality graduates with the knowledge, skills and understanding in the areas of finance, financial markets, economics, financial accounting and management for an effective and valued career in financial services or a related management function.
Within this general aim the programme specifically seeks to help students:
In Finance:
- To develop a deep understanding in areas of finance theory and its application; national and international financial markets; ethics; economics and financial systems; and financial accounting, by pursuing them over an extended period and in depth.
- To develop a critical awareness of the dynamics of the national and international environments affecting finance; financial markets and regulation; and financial reporting.
- To develop a full range of professional skills and personal qualities useful for managing in finance and financial institutions.
In Management:
- To develop knowledge, concepts and skills in the major academic disciplines of business and management as a sound basis for practice, study and training in the graduate’s chosen profession.
- To develop the concepts, analytical approaches, evaluative thinking and numeracy skills necessary for management problem solving and through individual experiences.
- To develop a positive attitude to change, a desire for excellence, a visionary and positive approach to future developments and an openness to new ideas.
Consequently the programme seeks to:
- provide a relevant, practical and constantly updated international programme through close links with leading financial institutions and professional bodies and through vocational experience in a professional placement.
- provide students with the opportunity to see ways in which theory can be applied in practice, both through taught content and through individual experience.
- provide the opportunity for students to examine critically and in depth key issues faced by finance professionals and financial managers including ethical concerns.
- provide a range of optional subjects that, in addition to core subjects, will enable graduates to pursue more general management careers.
- develop teaching and learning in response to advances in scholarship and the needs of the business community.
- enhance the employability of our graduates.
The School of Business and Economics at Loughborough University is distinctive amongst 'traditional' university business schools in incorporating a third year spent on professional placement. This is an integral element of the programme and something which we believe is of particular benefit in achieving these aims. It offers students on our Finance and Management degree additional and valuable opportunities to develop their knowledge, understanding and skills.
2. Relevant subject benchmark statements and other external reference points used to inform programme outcomes:
- Finance Subject Benchmark Statement (F)
- General Business and Management Benchmark Statement (B&M)
- The Framework for Higher Education Qualifications
- Requirements of the relevant professional bodies.
3. Programme Learning Outcomes
3.1 Knowledge and Understanding
The programme provides opportunities for students to develop and demonstrate knowledge and understanding, qualities, skills and other attributes in the areas shown below. These intended learning outcomes are set in the context of the QAA subject benchmark statements for Finance and General Business and Management. Those relating directly to the benchmarks are marked (F) and/or (B&M) below.
On successful completion of this programme, students should be able to demonstrate relevant knowledge and understanding of:
K1: Foundational disciplines of management, including economics, business mathematics and statistics;
K2: Business organisations in their technological, economic, fiscal, legal and political contexts (B&M);
K3: The behaviour of people in organisations (B&M);
K4: The processes of management and decision making (B&M);
K5: The contexts in which finance plays a part, including an understanding of the roles, operation and functions of domestic and international financial markets and financial institutions and ethical considerations (F)
K6: The major theoretical tools and theories of finance, their relevance and application to theoretical and practical problems and application of this knowledge to the appraisal of empirical evidence. (F)
K7: The structures, financing arrangements and governance mechanisms of business organisations, and an appreciation of how theory and evidence can be combined to assess the effectiveness and efficiency of such arrangements and the factors affecting investment decisions. (F)
K8: The interpretation of financial reports from accounting statements prepared following international accounting standards and data generated in financial markets (F)
K9: Analytical tools for the effective financial management of single-market and international business operations (F);
K10: Contemporary theories of finance and financial management and their related research evidence (F);
K11: The development, management and exploitation of information systems and their impact on organisations (B&M);
K12: A range of contemporary issues in international management (B&M).
3.2 Skills and other attributes
a. Subject-specific cognitive skills:
On successful completion of this programme, students should be able to:
C1: analyse and solve theoretical and practical problems in single-market and international finance;
C2: synthesise important issues and themes from the professional and academic literature in finance;
C3: critically evaluate arguments and evidence related to finance and ethical issues;
C4: critically evaluate arguments and evidence related to investment practice and treasury management;
C5: interpret financial statements.
b. Subject-specific practical skills:
On successful completion of this programme, students should be able to:
P1: prepare and interpret financial reports suitable for a professional audience;
P2: collect and analyse relevant financial data using appropriate techniques;
P3: use appropriate analytical and professional tools in complex financial scenarios.
c. Key transferable skills:
On successful completion of this programme, students should be able to:
T1: Organise themselves personally and independently to be a valued contributor through time management, self-direction, self-motivation, tenacity and proactiveness;
T2: Analyse and assess their own personality, needs and abilities and be proactive in managing their personal development;
T3: Deploy appropriate interpersonal skills to achieve the best from others, including effective communication, listening, influencing and conflict resolution;
T4: Display a positive attitude to change, with a desire for excellence and a visionary and positive approach to future developments;
T5: Accept and analyse new ideas and assess alternatives when presented with a range of possible interpretations and/or solutions;
T6: Learn and work independently;
T7: Interpret numerical information, reason numerically and apply appropriate mathematical and statistical techniques;
T8: Communicate clearly and persuasively, both orally and in writing;
T9: Use information and communication technologies effectively and efficiently;
T10: Work well in an international team, using appropriate skills, including leadership, team-building and project management.
4. Programme structure
4.1 Part A Introductory Modules
SEMESTER 1 and 2 COMPULSORY MODULES
Code |
Subject Title |
Modular Weight |
BSA007 |
Skills for Study, Placement and Employment |
20 |
SEMESTER 1 COMPULSORY MODULES
BSA005 |
Organisational Behaviour |
10 |
BSA013 |
Principles of Financial Accounting |
10 |
BSA020 |
Microeconomics for Financial Studies |
10 |
BSA025 |
Introduction to Law |
10 |
BSA080/085 |
Quantitative Methods for Business A or B |
10 |
SEMESTER 2 COMPULSORY MODULES
BSA014 |
Financial Accounting and Analysis |
10 |
BSA019 |
Finance and Accounting in Context |
10 |
BSA022 |
Macroeconomics for Financial Studies |
10 |
BSA053 |
Organisations in the International Context |
10 |
BSA110/115 |
Business Modelling A or B |
10 |
Students will be required to select one or other of BSA080/085 in Semester 1 and again to one or other of BSA110/115 in Semester 2 based on their level of maths education at entry.
4.2 Part B Degree Modules
SEMESTER 1 and 2 COMPULSORY MODULES
Code |
Subject Title |
Modular Weight |
ECB015 |
Economics of the Financial System |
20 |
SEMESTER 1 COMPULSORY MODULES
Code |
Subject Title |
Modular Weight |
BSB006 |
Ethics in Finance and Accounting |
10 |
BSB010 |
Business Information Management |
10 |
BSB025 |
Financial Management |
10 |
BSB120 |
Management Science Methods |
10 |
SEMESTER 2 COMPULSORY MODULES
BSB009 |
Corporate Finance |
10 |
BSB027 |
Financial Markets and Derivatives Fundamentals |
10 |
BSB070 |
Accounting for Management Decisions |
10 |
Semester 1 Options (Choose ONE)
BSB007 |
Financial Reporting |
10 |
BSB030 |
Marketing |
10 |
BSB040 |
Human Resource Management |
10 |
BSB046 |
Organisational Studie |
10 |
BSB050 |
International Business |
10 |
University-wide Language Programme |
10 |
Semester 2 Options (Choose TWO)
BSB012 |
Information Systems Development |
10 |
BSB024 |
International Economics |
10 |
BSB052 |
International Management |
10 |
BSB100 |
Operations Management |
10 |
BSB110 |
Data Analysis for Management |
10 |
BSB127 |
Digital Marketing |
10 |
University-wide Language Programme |
10 |
4.3 Part I
Candidates pursue one of the following streams:
i) Placement Stream
Candidates will undertake an appropriate business placement.
ii) Study Abroad Stream
Candidates will study at one of the School of Business and Economics approved academic institutions.
iii) Split Stream
Candidates will undertake an appropriate business placement for half the year and will study at one of the School of Business and Economics approved academic institutions for the other half of the academic year.
4.4 Part C Degree Modules
Note: Students must take modules giving 120 credits in total for the year of which 60 credits must be taken in each semester, at least 20 credits must come from Group 1 modules and no more than 60 credits from Group 2 modules.
SEMESTER 1
COMPULSORY MODULES
BSC014 |
Portfolio Management |
20 |
OPTIONAL MODULES
GROUP 1 MODULES
BSC017 |
Financial Risk Management |
10 |
BSC030 |
Corporate Governance |
10 |
BSC051 |
International Corporate Governance and Firms |
10 |
GROUP 2 MODULES
BSC063 |
Decision and Efficiency Analysis |
10 |
BSC068 |
Consulting for Decision Making (suspend 2020) |
10 |
BSC070 |
Technology in Business and Society |
10 |
BSC071 |
Managing Big Data |
10 |
BSC100 |
Advanced Interpersonal Skills |
10 |
BSC132 |
Small Business Issues |
10 |
BSC165 |
Business Forecasting |
10 |
University-wide Language Programme |
10 |
SEMESTER 2
COMPULSORY MODULES
BSCxxx |
Financial Trading |
20 |
GROUP 1 MODULES
BSC018 |
Behavioural Finance |
10 |
BSC019 |
Multinational Financial Management |
10 |
GROUP 2 MODULES
BSC059 |
Business and Entrepreneurialism |
10 |
BSC064 |
Business Optimisation |
10 |
BSC067 |
Business Simulation for Decision Support |
10 |
BSC072 |
Strategic Information Management |
10 |
BSC085 |
The Changing Work Organisation |
10 |
BSC130 |
Business Programming |
10 |
BSC136 |
Enterprise Resource Planning |
10 |
BSC194 |
Project Management |
10 |
University-wide Language Programme |
10 |
Various semester 2 modules in the final year have a pre-requisite module in semester 1 of the final year. Please check choices carefully.
5. Criteria for Progression and Degree Award
In order to progress from Part A to Part B and from Part B to C and to be eligible for the award of an Honours degree, candidates must not only satisfy the minimum credit requirements set out in Regulation XX but also:
- to progress from Part B to Part I, candidates must accumulate at least 100 credits in Part B as well as achieving at least 30% in all modules taken in Part B.
Provision will be made in accordance with regulation XX for candidates who have the right of re-assessment in Part A or Part B of the programme to undergo re-assessment in the University’s special assessment period.
6. Relative Weighting of Parts of the Programme for the Purposes of Final Degree Classification
Candidates’ final degree classification will be determined on the basis of their performance in degree level Module Assessments in Parts B and C, in accordance with the scheme set out in regulation XX. The average percentage marks for each Part will be combined in the ratio Part B 25: Part C 75, to determine the final overall percentage mark for the Programme (the Programme Mark).