also available in 2017
A Level Requirements
see all requirements
see all requirements
Full time 3 Year(s)
Our specialised Finance degree prepares you for the challenging and exciting world of professional finance. After gaining a solid grounding in finance theory and methodology, you’ll develop proficiency in areas such as International Financial Markets, Bond Markets and Financial Statement Analysis. You can also select further specialist options to tailor your degree to your future career path.
In your first year you will study Introduction to Accounting and Finance, Economics and a third subject. In the following year your modules include Advanced Principles of Finance; Statistical Methods for Business and Introduction to Econometrics. You will complete your degree with third-year courses such as Financial Statement Analysis; Corporate Finance, and Investments.
A Level AAB
GCSE Mathematics grade B, English Language grade B
IELTS 6.5 overall with at least 5.5 in each component. For other English language qualifications we accept, please see our English language requirements webpages.
International Baccalaureate 35 points overall with 16 points from the best 3 Higher Level subjects
BTEC Distinction, Distinction, Distinction
Access to HE Diploma in a relevant subject with 30 Level 3 credits at Distinction and 15 Level 3 credits at Merit
We welcome applications from students with a range of alternative UK and international qualifications, including combinations of qualification. Further guidance on admission to the University, including other qualifications that we accept, frequently asked questions and information on applying, can be found on our general admissions webpages.
Contact Admissions Team + 44 (0) 1524 592028 or via email@example.com
Many of Lancaster's degree programmes are flexible, offering students the opportunity to cover a wide selection of subject areas to complement their main specialism. You will be able to study a range of modules, some examples of which are listed below.
This course provides a comprehensive introduction to the basic concepts and techniques of Accounting and Finance, which include financial accounting, managerial finance, and financial statement analysis.
An important element of this course is that it provides exposure to the business and financial environment within which the discipline of Accounting and Finance operates, using real-world financial data for actual companies.
The course covers concepts, techniques and interpretive skills that relate to the external financial reporting of companies and their relationship to the stock market, and to the use of accounting information for internal management purposes.
Providing a thorough introduction to the discipline of Economics, this module is divided into two parts. The first part covers microeconomic analysis, including the theory of demand, costs and pricing under various forms of industrial organisation, and welfare economics. Many applications of theoretical models are examined. The second part focuses on macroeconomic analysis, including national income analysis, monetary theory, business cycles, inflation, unemployment, and the great macroeconomic debates.
This module will provide you with the opportunity to undertake a personal skills audit as part of the CV assignment. It will enable you to identify your current skills level and begin to collect evidence of skills acquisition. It will cover a detailed analysis of the individual in terms of personality, skills, goals, interests and career ideas, and self-development. It would include organisation recruitment processes, including consideration of what organisations are looking for, the nature of ‘transferable skills’ and how these can be developed, and how organisations can select and train people.
This module provides a detailed analysis of three key finance paradigms: decision-making under uncertainty, including utility theory; capital asset pricing and market equilibrium; and option pricing and hedging strategies. Emphasis is placed on financial concepts, theories and models such as portfolio theory, the efficient market hypothesis, and theories of capital structure.
This is the second component of three and consists of further employability skills such as applying for graduate jobs or postgraduate study; a 'refresh' of the application process; signposting to extra support, constructing a Personal Career Plan, plus an introduction to and preparation for the third component.
This module provides an introduction to the theoretical concepts and applications of econometrics.
Econometric techniques taught include bivariate regression, multiple regression and two stage least squares. The importance and relevance of statistical and diagnostic testing is emphasised in the context of econometrics applications. You will also learn how to use the statistical package SPSS, understanding of which is an integral part of the module.
This module covers project evaluation methods as well as risk, return and the cost of capital, including the capital asset pricing model. Corporate financing, including dividend policy and capital structure, options, and working capital management will also be investigated.
At the heart of many real management problems are data that needs to be described, analysed and interpreted. Statistical methods are important across the range of Management School subject areas (e.g. accounting and finance, marketing, economics, operations management and operational research). This module develops your ability to describe, analyse and interpret data soundly, making effective use of computer software.
Developing these skills will also help you demonstrate to prospective employers that you have practical skills that can immediately be put to good use to solve problems for organisations either in the public or private sector.
The lecture materials, and the problems you are asked to solve in workshops, reflect the problems that organisations have to solve in practical situations where data analysis skills are required.
The third component of a thrre part module taught throughout your studies and consists of a project utilising basic skills required by most employers, e.g. report writing, presentations, IT skills, etc. within the context of a topic related to the student's probably employment sector target, e.g. finance, auditing, accounting, etc..
Fixed income securities are one of the major asset classes, and recent developments in debt markets (bankruptcies and reorganisation of key global players) call for deeper understanding of this key area of the financial spectrum.
This module develops your intellectual and practical understanding of the organisation and structure of bond markets, introducing you to the main problems and issues relevant in the management of interest rate risk and the principles governing the valuation of fixed income securities and their derivatives.
This module examines corporate financing and investment decisions, focusing in particular on settings where companies’ assets and liabilities contain embedded options. Topics covered include valuation of options, investment appraisal, valuation of warrants and convertibles, capital structure, and mergers and restructuring.
This module provides knowledge that is important to those concerned with financial management in a multinational setting. Areas covered include the relationships between exchange rates, interest rates and inflation rates, forward, futures and options markets, and corporate exchange rate risk management.
This module covers the fundamental concepts and techniques of modern investment theory and practice. Topics include security analysis, equity and bond portfolio management, asset allocation, performance evaluation, estimation of risk measures and hedging. There is also an emphasis on some of the practical issues in portfolio management.
Lancaster University offers a range of programmes, some of which follow a structured study programme, and others which offer the chance for you to devise a more flexible programme. We divide academic study into two sections - Part 1 (Year 1) and Part 2 (Year 2, 3 and sometimes 4). For most programmes Part 1 requires you to study 120 credits spread over at least three modules which, depending upon your programme, will be drawn from one, two or three different academic subjects. A higher degree of specialisation then develops in subsequent years. For more information about our teaching methods at Lancaster visit our Teaching and Learning section.
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
All our Accounting and Finance degrees prepare you for a wide variety of careers in business, with many of our graduates working with professional firms and financial institutions, as well as large commercial and local government organisations. Roles include trainee accountants, finance managers and banking advisors.
Your degree will also equip you with highly desirable transferable skills which have helped recent graduates find work in the fields of financial customer service, IT support and marketing and communications. Several graduates have also continued their academic studies and embarked on Masters degrees.
Lancaster Management School has an award winning careers team to provide a dedicated careers and placement service offering a range of innovative services for management school students. Our high reputation means we attract a wide range of leading global employers to campus offering you the opportunity to interact with graduate recruiters from day 1 of your degree.
We set our fees on an annual basis and the 2018/19 entry fees have not yet been set.
As a guide, our fees in 2017 were:
Some science and medicine courses have higher fees for students from
the Channel Islands and the Isle of Man. You can find more details here:
Lancaster University's priority is to support every student to make the most of their life and education and we have committed £3.7m in scholarships and bursaries. Our financial support depends on your circumstances and how well you do in your A levels (or equivalent academic qualifications) before starting study with us.
Scholarships recognising academic talent:
Continuation of the Access Scholarship is subject to satisfactory academic progression.
Students may be eligible for both the Academic and Access Scholarship if they meet the requirements for both.
Bursaries for life, living and learning:
Students from the UK eligible for a bursary package will also be awarded our Academic Scholarship and/or Access Scholarship if they meet the criteria detailed above.
Any financial support that you receive from Lancaster University will be in addition to government support that might be available to you (eg fee loans) and will not affect your entitlement to these.
For full details of the University's financial support packages including eligibility criteria, please visit our fees and funding page
Please note that this information relates to the funding arrangements for 2017, which may change for 2018.
Students also need to consider further costs which may include books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation it may be necessary to take out subscriptions to professional bodies and to buy business attire for job interviews.
BSc Finance, 2011
What I really liked about LUMS was the friendly atmosphere between lecturers and students.
BSc Finance, 2010
We were provided with excellent lecturers and tutors who have a lot of professional knowledge in finance.