Accounting and Finance BSc Hons - 2019 Entry

UCAS Code
N400

Entry Year
2019 also available in 2020

A Level Requirements
AAB see all requirements see all requirements

Duration
Full time 3 Year(s)

Course Overview

Why do some companies soar and others go bust? How can profits go up while the share price comes down? Accountancy gets to the heart of these questions. If you love numbers and variety, and want a sound technical knowledge and understanding of the business world, accountancy and finance could be your ideal degree.

We encourage you to pursue your interests, develop your strengths, and move towards your ideal career. Accredited by British accountancy bodies, this degree provides graduates with exemptions from many core professional examinations. It even includes Institute of Chartered Accountants in England and Wales (ICAEW) exams. This means, on graduation you’ll be further along the Chartered Accountants route than many of your contemporaries.

In your first year, you’ll study accountancy and finance using real-world data from actual companies. You will also discover more about economic issues such as inflation, cost and pricing. You will also get advice on how to build your CV.

Second year core subjects include auditing, financial accounting, risk, corporate finance and management accounting for business decisions. You can also select from courses such as law, management decision making and advanced finance strategies like hedging. Your third year builds on this knowledge while offering specialist options such as ethics, investment and taxation.

Whether it’s a tech start-up or a multinational industrialist, every company needs an accountant. Your studies can also be a route into corporate finance and business. Many Chief Executive Officers (CEOs) began their careers as accountants.

Entry Requirements

Grade Requirements

A Level AAB

GCSE Mathematics grade B or 6, English Language grade B or 6

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.

Other Qualifications

International Baccalaureate 35 points overall with 16 points from the best 3 Higher Level subjects

BTEC Distinction, Distinction, Distinction

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 ugadmissions@lancaster.ac.uk

Course Structure

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 to complement your main specialism. 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 please visit our Teaching and Learning section.

The following courses do not offer modules outside of the subject area due to the structured nature of the programmes: Law, Physics, Engineering, Medicine, Sports and Exercise Science, Biochemistry, Biology, Biomedicine and Biomedical Science.

Information contained on the website with respect to modules is correct at the time of publication, and the University will make every reasonable effort to offer modules as advertised. In some cases changes may be necessary and may result in some combinations being unavailable, for example as a result of student feedback, timetabling, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes and new research.

Year 1

    Core

Year 2

    Core

    Optional

Year 3

    Core

    Optional

Careers

Careers

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 University is dedicated to ensuring you not only gain a highly reputable degree, you also graduate with the relevant life and work based skills. We are unique in that every student is eligible to participate in The Lancaster Award which offers you the opportunity to complete key activities such as work experience, employability awareness, career development, campus community and social development. Visit our Employability section for full details.

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.

Fees and Funding

Fees

Our annual tuition fee is set for a 12-month session, starting in the October of your year of study.

Our Undergraduate Tuition Fees for 2019/20 are:

UK/EU Overseas
£9,250 £19,500

Undergraduate tuition fees

For students starting at the University for the 2020 session, subsequent year’s fees may be subject to increases. UK fees are set by the UK Government annually. For international applicants, any annual increase will be capped at 4% of the previous year’s fee. For more information about tuition fees, including fees for Study Abroad and Work Placements, please visit our undergraduate tuition fees page.

Applicants from the Channel Islands and the Isle of Man

Some science and medicine courses have higher fees for students from the Channel Islands and the Isle of Man. You can find more information about this on our Island Fees page.

Funding

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. 

Degrees in Accounting and Finance provide a number of exemptions from professional exams

Further details about accreditations Learn More

ICAS Foundation Bursary

The ICAS Foundation is pleased to offer a bursary award to potential undergraduates who wish to study this programme at LUMS. Our bursary scheme aims to support students from family backgrounds that have limited resources, who wish to attend Lancaster University but may not have the means to do so without additional financial support. The ICAS Foundation will consider making an additional award to those who are eligible for the Lancaster £1,000 Bursary.

Read More
ICAS logo

Student Insights

In her blog, Paul Robezniece talks about her experience on the course and Lancaster "LUMS is great, not only with providing excellent education but also with giving extensive support for career-orientated students."

Read Blog

Professional Route in Accounting and Finance

As part of our Accounting and Finance and Accounting and Management courses (including industry degrees), you may be eligible to take professional courses in financial accounting and taxation as part of the 'professional route' in Accounting and Finance. 

These courses offer the opportunity to sit two professional level exams for the Institute of Chartered Accountants in England and Wales (ICAEW) whilst studying for your undergraduate degree. These courses integrate the theory and practice of accounting to fast-track your career as a professional accountant.

ICAEW logo

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Alumni Profiles

Joanna Townsend

BSc Accounting and Finance, 2018

The careers advice service really had a good impact on my career. At this point, with three young children and a fourth due in a few months, the careers advisor gave me some excellent advice to help me get started with seeking flexible work from home.
Alumni Profile for Joanna Townsend
Portrait photograph of Joanna Townsend

Dominykas Sventickas

BSc Accounting and Finance, 2015

The three weeks in China was probably the best time of my life so far.
Alumni Profile for Dominykas Sventickas
Portrait photograph of Dominykas Sventickas

Important Information

The information on this site relates primarily to 2020/21 entry to the University and every effort has been taken to ensure the information is correct at the time of publication. The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses.

In the event of a course being withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to withdraw your application. You are advised to revisit our website for up-to-date information before you submit your application. Further legal information.

Our Students’ Charter

We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies.