A Level Requirements
see all requirements
see all requirements
Full time 3 Year(s)
Our Accounting and Finance degree provides you with a sound technical knowledge and a broad understanding of the role of accounting and finance in the business world.
Your core courses cover Financial and Managerial Accounting, Accounting Information Systems, Finance and Quantitative Methods. You can also focus on your interests with optional modules including Financial Statement Analysis, Business Law, Taxation, Corporate Finance and International Financial Management.
You’ll begin your degree with the Introduction to Accounting and Finance module, plus Economics and a third subject of your choice. In your second and third years you’ll study subjects such as Principles of Financial Accounting; Statistical Methods for Business; Bond Markets; and Financial Accounting.
Lancaster University offers a range of scholarships, recognising academic excellence. These include an Academic Scholarship of £2000 and an Access Scholarship of £1000. For more information, go to the course pages and click on “Fees and Funding”. Please note, the EY Scholarship is no longer available.
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 firstname.lastname@example.org
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 an overview of the design and main features of accounting information systems (AIS). It introduces methods used by business to meet the financial information needs of external parties and management and includes systems used for collecting, recording and storing transactions data, internal controls and effective design of AIS. It also provides an introduction to auditing, including the regulatory framework, audit planning, systems auditing and substantive testing.
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 use of management accounting information for management purposes. This includes an examination of cost-volume profit analysis, the concepts of direct and indirect costs, and various costing methods. The importance of budgets to organisations and their impact on performance are also discussed.
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.
This module examines the main features of financial reporting by UK companies as well as the regulatory requirements and conceptual bases associated with these, with attention given to the UK Companies Acts and international accounting standards. Time will also be devoted to inflation accounting, group accounts, and problem areas and to specific reporting topics of current interest and concern.
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..
This module deals with accounting for complex entities, addressing concepts, issues and techniques.
It examines accounting for business combinations, goodwill and strategic investments, and other aspects of consolidation, foreign currency translation, segmental reporting, and accounting for financial instruments, all within the context of modern accounting theory.
This module develops your ability to critically evaluate advanced financial accounting issues, placing this within the international accounting context. It focuses on International Financial Reporting Standards (IFRS), with appropriate and relevant comparisons to US GAAP.
Other topics covered include the accounting treatments of taxation, leases, pensions, provisions and contingent liabilities. The module also looks at empirical research on issues of relevance to accounting practitioners and accounting regulators.
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:
For full details of the University's financial support packages including eligibility criteria, please visit our fees and funding page
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 Accounting and Finance, 2015
The LUMS Careers Team host a variety of careers events throughout the year, which provide a great insight into the companies that attend them.
This programme enabled me to complete 15 months at EY’s London Office as a paid placement student.
Average time in lectures, seminars and similar
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