Accounting and Finance (Industry) BSc Hons - 2020 Entry

UCAS Code
N401

Entry Year
2020 also available in 2019

A Level Requirements
AAB see all requirements see all requirements

Duration
Full time 4 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 understanding of accountancy and finance alongside workplace experience, this could be your ideal degree.

We encourage you to pursue your interests, develop your strengths, and move towards your ideal career. Your third year is spent on a paid placement in industry. This gives you the priceless opportunity to gain practical business skills and experience to add to the theory and academic skills obtained in the rest of your degree.

Accredited by British accountancy bodies, this four-year long 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 is spent in industry. You’ll be supported in securing a UK placement, with previous students joining companies such as Deloitte, Lloyds Bank, PwC and Samsung. Roles on offer range from finance, auditing and accounting to operations, consulting and risk.

Your final 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.

  • Course Overview

    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 understanding of accountancy and finance alongside workplace experience, this could be your ideal degree.

    We encourage you to pursue your interests, develop your strengths, and move towards your ideal career. Your third year is spent on a paid placement in industry. This gives you the priceless opportunity to gain practical business skills and experience to add to the theory and academic skills obtained in the rest of your degree.

    Accredited by British accountancy bodies, this four-year long 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 is spent in industry. You’ll be supported in securing a UK placement, with previous students joining companies such as Deloitte, Lloyds Bank, PwC and Samsung. Roles on offer range from finance, auditing and accounting to operations, consulting and risk.

    Your final 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

    Entry Requirements

    Grade Requirements

    A Level AAB

    GCSE Mathematics grade B or 6, English Language grade C or 4

    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

    Course Structure

    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.

    Year 1

      Core

    Year 2

      Core

      Optional

    Year 3

      Core

    Year 4

      Core

      Optional

    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.

  • 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, but that you also graduate with 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/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 and Funding

    Fees

    We set our fees on an annual basis and the 2020/21 entry fees have not yet been set.

    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 details here: Island Students.

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

Further details about accreditations Learn More

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.

Future Global Leaders

The graduate jobs market is a rapidly-changing place, so we’re committed to helping you stay one step ahead. During your first year, you will complete our unique Future Global Leaders module which is designed to develop your professional skills and build your confidence in preparation for the future. You will be supported to step outside your comfort zone, and empowered to grow your leadership skills through a blend of online learning, inspirational guest speakers and dedicated events.

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