Accounting and Finance BSc (Hons)

Course Content

• Course Details

  The Accounting and Finance BSc will begin by considering the practical techniques involved in accounting and finance and then continue to develop skills to critically analyse the theory behind these techniques. It will also develop the interdisciplinary nature of business and integrate accounting with broader subject areas such as economics, law and human resources.

  There is also the option to complete a year’s work placement to prepare you for your future career.

  Nationwide, MacIntyre Hudson and Mazars are examples of recent visits and are also some of the sponsors who provide prizes at our annual awards ceremony. Local sponsors include Grant Thorntons, Hawsons and Elsby. Elsby are a growing company who will be developing a ‘Young Professionals Networking Platform’ in conjunction with the university in the very near future.

  At the Accounting, Finance and Banking Awards, which were incorporated into our Graduation celebrations, £1,000 was given out in prize money to our students. Grant Thorntons, Hawsons Chartered Accountants, McIntyre Hudson and Mazars were amongst the companies sponsoring these awards.

  Industry Placement

  If you meet the entry criteria, and choose to take an accounting and finance placement year, you will find it an invaluable experience that helps you to apply your learning in your final year and prepares you for your career in finance. We offer support in helping you to find a placement, which can be in the UK or overseas.

  The Faculty of Business and Law have a dedicated Placements team who will support you through the process of taking a placement year. You can follow the Faculty of Business and Law Placements Team to hear more about their services.

  Modules

  The modules for the BSc Accounting and Finance course have recently been redesigned. The new structure means you will study fixed modules in Year 1 and Year 2 to ensure you develop the foundation knowledge and skills for both Financial Accounting and Management Accounting. As you progress to your final year, you will choose designated modules, allowing you to specialise and gain maximum exemption from professional bodies.

  The programme redesign incorporates CIMA and ACCA’s updated syllabus, which they think reflects the employability and critical skills employers are looking for in graduates. Our Accounting and Finance degree now has 6 streams, with each stream including 3 modules, that is taught from Year 1 to Year 3. The programme streams are:

  • Digital (Digital Economic Environment, Digital Business and Finance, Strategy and Leadership)
  • Responsible Practice (Responsible Accounting, The Professional Accountant, Corporate Governance or Practical Auditing)
  • Finance (Financial Skills for Business, Financial Management, Corporate Finance)
  • Compliance (Corporate and Business Law, Principles of Taxation, Taxation Practice and Advice)
  • Management Accounting (Fundamentals of Management Accounting, Management Accounting for Decision Making, Financial Business Partnering)
  • Financial Accounting (Practical Financial Accounting, Applied Financial Reporting, International Financial Reporting)

  List of modules

  • Stage 1

    In Year 1, all modules are compulsory. All modules are 20 Credits.

    ACC1025 Financial Skills for Business

    You will have the opportunity to collect, present, analyse and interpret numerical data. You will explore the basic concepts of business mathematics, financial models and statistical methods, which lay the foundation for application of quantitative techniques to support decision making.

    ACC1026 Fundamentals of Management Accounting

    You will apply current and emerging management accounting tools and techniques for controlling, planning and decision making in the modern competitive organisational environment.

    ACC1027 Practical Financial Accounting

    This module introduces you to terminology, concepts, principles, procedures and techniques of accounting. It provides an essential introduction to the preparation and presentation of financial statements and their relevance to stakeholders and other users.

    ACC1028 Responsible Accounting 

    You will explore the principles of responsible accounting built on the foundation of social and environmental justice to promote sustainability within organizations. By applying the sustainable development goals (SDGs), you will explore contemporary global issues related to the transition to responsible business within organisations at international and local levels.

    ACC1029 Corporate and Business Law   

    You will be introduced to the general legal framework related to a range of business activities and appreciate when to seek specialist legal advice.

    ACC1030 Digital & Economic Environment

    You will investigate the economic and digital environment within which accountants and other managers operate. The module equips you with the skills for the use of technology in the management of data and creation of value for organisations.

     

  • Stage 2

    In Year 2, all modules are compulsory. All modules are 20 Credits.

    ACC2001 Financial Management 

    This module introduces you to the financing decision and the role of the financial manager in modern corporations. Central to the achievement of the above is a sound knowledge of sources of finance (including capital markets) and a clear understanding and application of the techniques that lead to the justifiable investment and dividend decisions.

    ACC2038 Digital Business and Finance 

    You will explore the technologies that drive the digital world in which finance operates, and how finance professionals manage data to create and preserve value for organisations. You will examine the skills and competencies framework that finance professionals need to fulfil their roles and to interact with other business areas.

    ACC2040 Principles of Taxation    

    You will explore the impact of taxation on the financial strategy of individuals and organisations – commercial and non-commercial, national and international. You will apply taxation rules and regulations to assess the effect on financial decision-making.

    ACC2041 Applied Financial Reporting

    In this module you apply accounting standards and the theoretical framework to the preparation, presentation, and interpretation of financial statements. of companies and groups.

    ACC2042 Management Accounting for Decision Making  

    You will apply and evaluate current and emerging management accounting tools and techniques for managing performance to achieve organisational objectives.

    ACC2043 The Professional Accountant

    You will explore the role of professional accountants in organisations, applying relevant professional standards. There is a strong emphasis on the role of governance and accountability on efficient, effective and ethical management of an organisation.

  • Stage 3

    In Year 3, there is a mix of compulsory and designated modules. All modules are 20 Credits.

    ACC3009 Corporate Finance (Compulsory)

    The purpose of this module is to equip you with theoretical and practical skills in contemporary corporate finance. You explore the complexities of corporate financial management, investment decision making and financial risk.

    ACC3040 Financial Business Partnering (Compulsory)

    You will analyse and manage costs to support the implementation of the organisation’s strategy and to control the performance of the organisation. You will be able to apply investment appraisal techniques to evaluate capital investments, and evaluate the risks associated with such decisions.

    ACC3041 International Financial Reporting (Compulsory)

    This module equips you to become skilled preparers, analysts and interpreters of published accounts in light of the IFRS. This includes a synthesis of the accounting policies, contemporary developments in accounting regulation and changes in financial reporting standards.

    ACC3042 Practical Auditing (Designated)

    You will critically explore the legal and regulatory environment of assurance engagement. They will apply professional and ethical considerations to critically identify, analyse and conclude on best practice of accountability and transparency.

    ACC3043 Strategy and Leadership (Designated)

    In this module you adopt a holistic and integrated approach to organisational leadership, from external and internal perspectives. The module is centred on the concept of business and financial strategy and how it can be implemented through people, projects, processes and relationships.

    ACC3044 Taxation Practice and Advice (Designated)      

    You will complete complex tax calculations, syntheise and communicate these into professional advice. You will explore taxation regulation and strategies in both public and private sector. You will develop an appreciation of taxation, its effects and interconnectedness to financial decision- making at individual, business, corporate, national and international levels.

    ACC3017 Corporate Governance (Designated)

    The purpose of this module is to examine the practice and key issues of governance within organisations in the national and multinational context.  The module combines theories, codes and regulations, corporate social responsibility and ethics in addressing how modern corporations could adopt effective governance to manage their role and place in the society.

    ACC4010 Project (Compulsory) 

    In this module you will analyse organisational performance, examining core areas of accounting and finance to evaluate strategic decision making. You will further enhance their independent research skills through the investigation of real world scenarios to identify trends and propose responsible and sustainable solutions to challenges faced by organisations.

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• Entry Requirements

  A typical offer for Accounting and Finance would be:

  • BBC at A Level or
  • DDM at BTEC or
  • M at T Level.

  Standard university Accounting and Finance entry requirements apply. In addition, you should hold Mathematics GCSE at grade C/4 or above or equivalent.

  We welcome international applicants.

  We accept AAT Level 3 in Accounting for entry into the first year and applicants will not require GCSE Maths.

  ACCA modules F1, F2 & F3, (ACCA Diploma) will be considered for entry into Y2 and applicants with AAT Level 4 can also be considered for Y2.

  Other professional qualifications such as IFA, AIA or CAT will be considered.

  English Language Requirements

  All International and EU students applying for a course with us must meet the following minimum English language requirements:

  • IELTS 6.0 (or equivalent) with a minimum of 5.5 in all bands for study at undergraduate level

  For information regarding English language requirements at the University, please see our IELTS page.

  For information on how to apply to study with us as an International student, please see our How to apply for International Study page.

   

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• Fees and Funding

  23/24 Tuition Fees
  

  Fees quoted relate to study in the Academic Year 23/24 only and may be subject to inflationary increases in future years.

  • UK Full Time: £9,250
  • UK Part Time: £1,550 per 20 credit module
  • International Full Time: £14,750
  • Optional Work Placement Year: £1,200

  For information on the scholarships available to you, please see our scholarships page.

  Additional costs

  There are no additional costs for this course for students beginning their studies in September 2023. Should this change, applicants and students will be contacted by the university with details of the costs.

  22/23 Tuition Fees
  

  Fees quoted relate to study in the Academic Year 22/23 only and may be subject to inflationary increases in future years.

  • UK Full Time: £9,250
  • UK Part Time: £1,500 per 20 credit module
  • International Full Time: £14,000
  • Optional Work Placement Year: £1,100

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• Accreditation

  The Division has accreditations from ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants), ICAEW (Institute of Chartered Accountants in England and Wales) and AIA (Association of International Accountants). Representatives from these bodies and visiting speakers from a variety of businesses attend the university regularly. You will be invited and encouraged to attend these useful finance events and engage in the debates.

  Nationwide, MacIntyre Hudson and Mazars are examples of recent visits and are also some of the sponsors who provide prizes at our annual awards ceremony. Local sponsors include Grant Thorntons, Hawsons and Elsby. Elsby is a growing company which will be developing a ‘Young Professionals Networking Platform’ in conjunction with the university in the very near future.

  At the Accounting, Finance and Banking Awards, which were incorporated into our graduation celebrations, £1,000 was given out in prize money to our students. Grant Thorntons, Hawsons Chartered Accountants, McIntyre Hudson and Mazars were amongst the companies sponsoring these awards. Further information about the Accounting, Finance and Banking Awards can be found on our News section of the website.

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• Student Perks

  At the University of Northampton, everything we do, from funded trips to paid internships, is to give you everything you need to make a difference when you leave.

  If you join our full-time BSc Accounting and Finance degree at Northampton, you will receive a laptop when your course begins*. The laptops are built to a bespoke custom specification ideal for use in the seminar room, collaborative group work or studying at home.

  Whatever your ambitions, we’re here to help you to achieve them. We’ll support you to identify the skills you’re learning during your course, find your strengths and secure practical experience so that when it comes to applying for jobs or further study you’ll feel confident in standing out from the crowd. We’ve created the Northampton Employment Promise because we are so confident that if you focus on your studies and complete one of our awards you’ll be highly employable by the time you graduate. Putting you in a great position to secure employment or continue your studies.

  To check out the full list of perks, visit our Student Perks page or dedicated International Perks page.

  *UK fee payers only (see Terms and Conditions for further details).

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• FAQs

  Why study BSc Accounting and Finance?

  There are many benefits of studying for an Accounting and Finance degree, including a wide scope of options to work across multiple sectors, from economics to business law and management. You’ll learn through a highly practical approach and will be able to get first-hand accounting and finance work experience through optional placements and opportunities. You’ll also have the added advantage of excellent prospects and graduate schemes to help propel you into your career, with joint honours and postgraduate degrees allowing for further specialisation and knowledge advancement.

  What do you learn in an Accounting and Finance degree?

  University Accounting and Finance courses on finance and accounting are highly vocational, putting a huge emphasis on career prospects within financial industries. This means you will learn through a practical approach, giving you valuable experience of accounting and finance through simulated situations, real-life scenarios and placements.

  Alongside these practical techniques, you will also develop a critical understanding of the theories behind them. You will learn the concepts of business, management and money, and will be able to apply your accountancy skills across a broad range of business subjects, including law, economics and human resources.

  How will I learn?

  On this BSc Accounting and Finance degree, you can expect taught study to be a combination of lectures, seminars and workshops which usually consist of 14 contact hours per week. We recommend that you spend 20 hours per week in self-directed study time, as a full-time student, or usually seven contact hours and ten hours per week in self-directed study time if you are studying part-time.

  How will I be assessed?

  A wide variety of assessment strategies are used, including examinations, simulations, spreadsheet activities, presentations and group activities.

  Will I have to do exams on this Accounting and Finance course?

  Yes, there are exams for most of the modules on this course. However, exams do not make up the total grade for the modules and you will do a number of different assignments during your studies. We teach in semesters, which means the exam period is more spread out so you will only be doing 3 exams during an exam period, rather than 6. We offer a lot of support for exams during your module workshops; we do practice questions, mock exams, and prepare you as much as possible for the exams so you feel confident going into them.

  How big will the teaching groups be?

  The teaching groups will be typically around 20 – 25 students. There are more across the whole cohort but we split you up into smaller groups which allows more active learning.

  What are the benefits of the exemptions that I will get by studying BSc Accounting and Finance?

  The exemptions to the professional bodies such as ACCA, CIMA and ICAEW will enable you to qualify as an accountant a lot quicker after you graduate, as you will not need to go through the process of sitting the exams required by the professional bodies. You will have covered all the elements of these exams during your modules and assignments. This means that 1-2 years after graduating you will be much closer to being a fully qualified accountant. There are other requirements to becoming fully qualified, all of which will be explained to you during your studies.

  Who are the Student Support Team?

  The Student Experience Support Team are a team of previous graduates of the University of Northampton, they are here to support all Faculty of Business and Law students by offering a friendly listening ear and ensuring students are aware of the numerous support systems that the University has to offer. The team provide confidential 1-1 meetings in person and online where they will signpost the students to the relevant support teams to ensure they are aware of the support available for them throughout their studies. You can follow the Student Experience Support Team to see the services they offer.

  Are there any special features on this course?

  • Optional work-based learning placement year
  • Proven student support system
  • Specialised pathway
  • Significant exemptions from professional body exams

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