Programme Specification
BSc (Hons) Accounting and Financial Management (2013 entry)
Academic Year: 2015/16
This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided.
This specification applies to delivery of the programme in the Academic Year indicated above. Prospective students reviewing this information for a later year of study should be aware that these details are subject to change as outlined in our Terms and Conditions of Study.
This specification should be read in conjunction with:
- Reg. XX (Undergraduate Awards) (see University Regulations)
- Module Specifications
- Summary
- Aims
- Learning outcomes
- Structure
- Progression & weighting
Programme summary
Awarding body/institution | º¬Ðß²ÝÊÓƵ |
Teaching institution (if different) | |
Owning school/department | School of Business and Economics |
Details of accreditation by a professional/statutory body | The programme is accredited by professional accounting bodies. Exemptions from some professional accounting examinations are available from: The Association of Chartered Certified Accountants (ACCA); The Chartered Institute of Management Accountants (CIMA), The Chartered Institute of Public Finance and Accountancy (CIPFA), The Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Chartered Accountants of Scotland (ICAS). In order to qualify for the professional institutes’ examination exemptions offered to graduates from this degree, candiates must achieve minimum module marks stipulated by these bodies which, in some cases, exceed the minimum marks required for progression and degree award. Up to date information may be obtained from the relevant professional bodies. |
Final award | BSc / BSc + DIS/ BSc + DInts |
Programme title | Accounting and Financial Management |
Programme code | BSUB10 |
Length of programme | The duration of the programmes is six semesters, plus one academic year, and has four streams. Candidates following the Placement Stream are required to spend the third academic year undertaking professional training leading to the Diploma in Professional Studies. In accordance with Senate Regulation XI. Candidates following the Study Abroad Stream or the Language Related Placement Stream are required to spend the third academic year at an approved academic institution. Candidates following the Split Stream are required to spend six months of the third academic year undertaking professional training, and the other half of the third academic year studying at an approved academic institution. The Study Abroad, the Language Related Placement and the Split Stream lead to the Diploma in International Studies (DIntS) in accordance with Senate Regulation XI. The third academic year (Part I) occurs between Part B and Part C. |
UCAS code | NN34 |
Admissions criteria | http://www.lboro.ac.uk/study/undergraduate/courses/departments/business-economics/accountingandfinancialmanagement/
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Date at which the programme specification was published | Fri, 27 Nov 2015 16:12:31 GMT |
1. Programme Aims
The Accounting, Finance and Management degree programme aims to produce high quality graduates with the knowledge, skills and understanding for an effective and valued career in the accounting and financial management professions or more general management situations.
Within this general aim the programme specifically seeks to encourage students
- To develop knowledge, concepts and skills in the major academic disciplines of business and management as a sound basis for practice, study and training in the graduate's chosen profession.
- To develop a deep understanding in the areas of accounting and financial management by pursuing them over an extended period and in considerable depth.
- To develop the concepts, analytical approaches, evaluative thinking and numeracy skills necessary for management problem solving, including through individual experience on placement.
- To develop a positive attitude to change, a desire for excellence, a visionary and positive approach to future developments and an openness to new ideas.
Consequently the programme seeks
- To provide a relevant, practical and constantly updated programme through close links with industry, professional firms and accounting bodies, through vocational experience in a professional placement and through accreditation by the major professional accounting bodies.
- To provide students with the opportunity to see ways in which theory can be applied in practice, both through taught content and through individual experience on professional placement.
- To allow students to examine critically and in depth the evolving nature and role of accounting and financial management theory and practice.
- To provide a range of optional subjects in accounting, financial management and other management disciplines to complement the core of the programme and to allow students to explore and develop their own interests and strengths.
- To develop teaching and learning in response to advances in scholarship and the needs of the business community.
- To enhance the employability of our graduates.
The School of Business and Economics at º¬Ðß²ÝÊÓƵ is distinctive amongst 'traditional' university business schools in incorporating a third year spent on professional placement. This is an integral element of the programme and something which we believe is of particular benefit in achieving these aims. It offers students on our Accounting and Financial Management degree additional and valuable opportunities to develop their knowledge, understanding and skills.
2. Relevant subject benchmark statements and other external reference points used to inform programme outcomes:
- Accounting Subject Benchmark Statement
- General Business and Management Benchmark Statement (B+M)
- The Framework for Higher Education Qualifications
- Requirements of the professional accounting bodies
3. Programme Learning Outcomes
3.1 Knowledge and Understanding
The programme provides opportunities for students to develop and demonstrate knowledge and understanding, qualities, skills and other attributes in the areas shown below. These intended learning outcomes are set in the context of the QAA subject benchmark statement for Accounting and those relating directly to this benchmark are marked (A) below.
On successful completion of this programme, students should be able to demonstrate knowledge and understanding of:
- Foundational disciplines of management, including economics, business mathematics and statistics;
- Business organisations in their technological, economic, fiscal, legal and political contexts;
- The behaviour of people in organisations;
- The processes of management and decision making;
- Accounting and financial management in its major contexts, including the legal and social environments, the business entity and capital markets (A) and the integral nature of the accounting function in the successful management of organisations;
- Current technical language, developments, methods, practices and issues in accounting and financial management;
- Selected alternative techniques and practices in accounting and financial management (A);
- Methods of recording and summarising economic events and preparation of financial statements (A);
- Analytical tools for the effective financial management of business operations (A);
- Contemporary theories of accounting and financial management and their related research evidence (A);
- The development, management and exploitation of information systems and their impact on organisations;
- A range of contemporary issues in management.
3.2 Skills and other attributes
a. Subject-specific cognitive skills:
On successful completion of this programme, students should be able to:
- Analyse, model and solve structured and unstructured problems (A);
- Evaluate and assess alternatives in complex scenarios;
- Gather relevant data and evidence from various sources, integrate them appropriately and reference sources adequately (A);
- Critically evaluate arguments and evidence (A);
b. Subject-specific practical skills:
On successful completion of this programme, students should be able to:
- Record and summarise transactions and other economic events (A);
- Prepare financial statements (A);
- Use appropriate analytical tools for accounting and financial management tasks (A);
c. Key transferable skills:
On successful completion of this programme, students should be able to:
i) Organise themselves personally and independently to be a valued contributor through time management, self-direction, self-motivation, tenacity and proactiveness (B&M);
ii) Learn (A) and work independently;
iii) Work well in a team, using appropriate skills, including leadership, team building and project management (B&M);
iv) Interpret numerical information, reason numerically and apply appropriate mathematical and statistical techniques (B&M);
v) Use communication and information technology appropriately in acquiring, analysing and communicating information (A);
vi) Communicate quantitative and qualitative information, analysis, argument and conclusions using a variety of styles, in effective ways (A);
vii) Make oral and written presentations appropriate to the audience (A).
4. Programme structure
4.1 Part A - Introductory Modules
Semester 1
i) COMPULSORY MODULES (total modular weight 60)
Code |
Title |
Modular Weight |
BSA005 |
Organisational Behaviour |
10 |
BSA007 |
Skills for Study, Placement and Employment (weight 20) continued in Semester 2 |
10 |
BSA017 |
Financial Accounting |
20 |
BSA020 |
Microeconomics for Financial Studies |
10 |
BSA080 |
Quantitative Methods for Business A |
10 |
|
Or |
|
BSA085 |
Quantitative Methods for Business B |
10 |
Semester 2
i) COMPULSORY MODULES (total modular weight 60)
Code |
Title |
Modular Weight |
BSA007 |
Skills for Study, Placement and Employment (weight 20) continued from Semester 1 |
10 |
BSA019 |
Accounting in Context |
10 |
BSA022 |
Macroeconomics for Financial Studies |
10 |
BSA025 |
Introduction to Law |
10 |
BSA110 |
Business Modelling A |
10 |
|
Or |
|
BSA115 |
Business Modelling B |
10 |
BSA053 |
Organisations in the International Context |
10 |
4.2 Part B - Degree Modules
MODULE TITLE | Modular Weight |
SEMESTER 1 and 2 COMPULSORY MODULES | |
BSB005 Management Accounting | 20 |
SEMESTER 1 COMPULSORY MODULES | |
BSB010 Business Information Management | 10 |
BSB015 Company Law | 10 |
SEMESTER 2 COMPULSORY MODULES | |
BSB007 Financial Reporting | 10 |
BSB012 Information Systems Development | 10 |
BSB025 Financial Management | 10 |
SEMESTER 2 OPTIONS (Select THREE) | |
BSB030 Marketing | 10 |
BSB040 Human Resource Management | 10 |
BSB050 International Business | 10 |
BSB100 Operations Management | 10 |
BSB120 Decision Making Analysis | 10 |
SEMESTER 2 OPTIONS (Select TWO) | |
BSB024 International Economics | 10 |
BSB046 Organisation Studies | 10 |
BSB052 International Management | 10 |
BSB087 Vocational Psychology | 10 |
BSB105 Brand Management | 10 |
BSB110 Data Analysis for Management | 10 |
BSB135 Consumer Behaviour | 10 |
4.3 Part I
Candidates pursue one of the following streams:
i) Placement Stream
Candidates will undertake an appropriate business placement.
ii) Study Abroad Stream
Candidates will study at one of the School of Business and Economics approved academic institutions.
iii) Split Stream
Candidates will undertake an appropriate business placement for half the year and will study at one of the School of Business and Economics approved academic institutions for the other half of the academic year.
(iv) Language Related Placement
Candidates will undertake a year abroad in employment, for example as an English language assistant in a school or other educational establishment, approved by the School of Business and Economics.
4.4 Part C - Degree Modules
MODULE TITLE | Modular Weight |
SEMESTER 1 COMPULSORY MODULES | |
BSC005 Financial Reporting: Theory and Practice | 10 |
BSC008 Strategic Management Accounting: structures, processes and roles | 10 |
BSC015 Financial Management and Corporate Policy | 10 |
SEMESTER 2 COMPULSORY MODULES | |
BSC009 Strategic Management Accounting and Performance | 10 |
SEMESTER 1 OPTIONAL MODULES, with a total credit weighting of 30 from the approved list of options* | |
GROUP 1* | |
BSC020 Corporate Reconstruction and Turnaround | 10 |
BSC030 Corporate Governance | 10 |
GROUP 2 | |
BSC051 International Corporate Governance and Firms. | 10 |
BSC056 Exploring Political Risks in the Asia-Pacific and Emerging Markets | 10 |
BSC058 The Business and Politics of Intelligence and Espionage | 10 |
BSC062 Analytics for Management | 10 |
BSC070 Technology in Business and Society | 10 |
BSC097 Knowledge Management | 10 |
BSC100 Advanced Interpersonal Skills | 10 |
BSC105 International Human Resource Management | 10 |
BSC110 Marketing Strategy and Planning | 10 |
BSC115 International Marketing | 10 |
BSC130 Business Programming | 10 |
BSC132 Small Business Issues | 10 |
BSC165 Business Forecasting | 10 |
SEMESTER 2 OPTIONAL MODULES, with a total credit weighting of 50 from the approved list of options* | |
GROUP 1* | |
BSC016 Financial Risk Management | 10 |
BSC018 Behavioural Finance | 10 |
BSC025 Auditing | 10 |
BSC042 Corporate and Wholesale Banking | 10 |
GROUP 2 | |
BSC053 International Negotiations | 10 |
BSC057 The Business of Crisis and the Crisis of Business | 10 |
BSC059 Business and Entrepreneurialism in Postconflict Spaces | 10 |
BSC064 Business Optimisation | 10 |
BSC067 Business Dynamics and Simulation | 10 |
BSC068 Consulting Practice and Decision Making | 10 |
BSC072 Strategic Information Management | 10 |
BSC080 Analysing Careers | 10 |
BSC085 The Changing Work Organisation | 10 |
BSC117 Services Marketing | 10 |
BSC124 Marketing Communications | 10 |
BSC134 Business Planning for New Ventures | 10 |
BSC136 Enterprise Resource Planning | 10 |
BSC140 Lean Operations | 10 |
BSC144 Project Management | 10 |
BSC150 Business Ethics | 10 |
BSC175 Retail Location | 10 |
*Over Semester 1 and Semester 2 at least 20 credits must be chosen from Group 1. Various Semester 2 modules in the final year have a pre-requisite module in Semester 1 of the final year. Students must carefully check their preferred modules' pre-requisites before making selections as all pre-requisites will be rigorously enforced. |
5. Criteria for Progression and Degree Award
In order to progress from Part A to Part B and from Part B to C and to be eligible for the award of an Honours degree, candidates must not only satisfy the minimum credit requirements set out in Regulation XX but also:
- To progress from Part B to the period of professional training or study at an approved institution abroad, candidates must accumulate at least 100 credits in Part B as well as achieving at least 30% in all modules taken in Part B.
Provision will be made in accordance with regulation XX for candidates who have the right of re-assessment in Part A or Part B of the programme to undergo re-assessment in the University’s special assessment period.
6. Relative Weighting of Parts of the Programme for the Purposes of Final Degree Classification
Candidates’ final degree classification will be determined on the basis of their performance in degree level Module Assessments in Parts B and C, in accordance with the scheme set out in regulation XX. The average percentage marks for each Part will be combined in the ratio Part B 25: Part C 75, to determine the final overall percentage mark for the Programme (the Programme Mark).