In the rapidly changing business world, the demand for finance professionals has never been greater. This challenging and stimulating Accounting and Finance degree will equip you with a strong strategic outlook, ensuring that you will be ready to inform and advise management decision-making at the highest level once you graduate. The variety of topics studied on this degree will give you a sound grounding in theoretical and practical areas of Accounting and Finance.
Research-active staff who are experts in their field ensure that when you graduate, you will have the skills and knowledge needed for a successful career in a number of competitive areas, including accountancy, banking, and finance.
During your degree, there will be a number of opportunities and initiatives to engage and network with local, national and international businesses, giving you the chance to raise your profile and make connections in the business before you have even graduated.
Teaching on this degree is structured into lectures, where all students are taught together, seminars of smaller groups of around 15-20 students, and tutorials which typically have no more than 10 students. Our emphasis on individual student attention means that class sizes are small, allowing the tutor to personally support you whenever you need. You will also have the opportunity to have a one-to-one meeting with your tutor each week.
If you are studying Accounting and Finance as a Single Honours degree, in your first year of study there are approximately 13 teaching hours per week, which decreases to approximately 11 teaching hours in your second year and approximately 10 teaching hours in your third year. If you are studying Accounting and Finance as a Combined Honours degree, in your first year of study there are approximately 7 teaching hours per week, which will decrease to approximately 6 teaching hours in your second year and to approximately 5 teaching hours in your third year.
On top of teaching hours, you are also expected to spend a number of hours each week studying independently, as well as studying in groups to prepare for any group assessments that you may have.
Our single honours Accounting and Finance degree programme is accredited by the Association of Chartered Certified Accountants (ACCA) to ensure you gain professional recognition and employability skills. Studying the single honours Accounting and Finance degree programme, you will have the opportunity to use your degree credits to apply for exemptions from ACCA.
There are a number of written assessments to complete throughout the year. These may include individual reports/analyses, group presentations supported by a report, in-class tests, and essays. There will also be two final exams at the end of each year.
You will be given written feedback on your assessments, and you will have the opportunity to discuss this with your tutor in more detail.
This Single Honours degree requires you to study nine compulsory themes that lead to exemptions from the ACCA accredited status. There are an additional five topics that you then study in practice, in order to gain the full, accredited status.
*Please note these topics marked with a * are only studied on the single honours degree.
In the first year you will study a common core (together with students studying Business Management and Marketing). This gives a sound introduction to the world of business; how businesses trade, how they function and how they understand and control their finances. Only with this appreciation of the relationship between business finances and the global business context can accountants and financiers contextualise theory and practice, and understand the dynamics of contemporary economic and financial management.
You will study a historical context of British trade, from the Industrial Revolution and birth of the Empire to the present globalised markets. You will understand financial statements and how financial managers use these to understand business strategy and competitive forces. You will be introduced to economics and trading blocks, before you begin to develop your knowledge of the underlying principles and concepts of finance and accounting.
This subject develops your critical understanding of the principles of costing and budgeting, as well as the ability to critically apply such principles in the derivation and analysis of costs and budgets in order to support management in planning and decision-making in a variety of business contexts.
Intermediate Financial Accounting gives you skills in understanding and applying international financial reporting standards and the theoretical framework in the preparation of financial statements of entities. It also addresses the analysis and interpretation of financial statements.
You will gain knowledge and understanding of research methodologies and their application in relevant and current accounting and finance academic research after studying this theme.
You will be introduced to the most influential economists, from Adam Smith, Karl Marx and John Maynard Keynes, to Milton Friedman, Jan Tinbergen, John Forbes Nash Jr. and Muhammed Yunus. You will learn of their contributions and set them within the historical and global contexts of the time.
After studying Corporate and Business Law, you will gain an understanding of, and be able to evaluate, the relevant rules and principles that comprise the legal framework within which businesses in England and Wales must operate. You will be able to apply those rules and remedies in order to identify the legal rights, restrictions and remedies available to those engaged in the operation of such businesses (recognising the desirability of seeking further specialist legal advice where necessary).
This topic gives you a detailed understanding of business taxation, individual taxation and corporation taxes. You will also study how government taxation policies can affect the wealth of a country.
You will consider some of the ethical issues in business, in Accounting and Finance in particular. Companies examined include Enron, Arthur Andersen, Goldman Sachs, BHS, Tyco, Parmalat, Global Crossing Ltd, Barclays, Barings, and others, whose names have been associated with unethical practices.
Analysing risk management techniques, as well as Business and Asset evaluation, you will consider corporate restructures and working capital management techniques.
A research piece or project in an area of your choice.
This topic involves critically examining the functions of Internal Audit and Assurance and understanding the broader context of financial statements and financial controls operating in a business, as well as the audit environment and audit regulation. You will also examine internal control mechanisms to identify and communicate control risks.
This theme builds on your knowledge of Management Accounting and develops your understanding of how to analyse the performance of businesses using both financial and non-financial data.
A research dissertation in an area of your choice.
During the August/September admissions period we are able to offer some flexibility in our entry requirements for courses that still have vacancies.
We are also offering a Foundation Year on many of our courses for students who have the ability and enthusiasm to study for a degree, but do not yet have the qualification level to enter directly onto our degree programmes.
Please call us to discuss the options available to you: 0151 291 3111
Graduates of this degree will be well prepared for a rewarding career in accountancy, credit control, financial services, investment analysis, purchasing, business consulting, and other related financial and business professions.
A job in accountancy and finance can help you gain an attractive salary and pursue a challenging career as a Chief Financial Officer, Director or Partner in an accounting firm, Forensic Accountant or Business Adviser.
Some of our recent graduates found employment in a variety of different organisations such as Deloitte, Jaguar LandRover, Grant Thornton and the Liverpool City Council. Some graduates have also gone on to start their own business.
Throughout the degree, you will meet a range of professionals at networking events, award dinners, guest lectures and career workshops. You will also have the opportunity of undertaking work placements at local and national businesses and organisations, as well as having dedicated professionals and mentors offering guidance and advice in the job application process.
The Service and Leadership Award is offered as an extra-curricular programme involving service-based experiences, development of leadership potential and equipping you for a career in a rapidly changing world. It enhances your degree, it is something which is complimentary but different and which has a distinct ‘value-added’ component. Find out more on our Service and Leadership Award page.
As part of your degree, you can choose to spend either a semester or a full year of study at one of our partner universities as part of our Study Abroad programme. Find out more on our Study Abroad page.
The tuition fees for 2018/19 are £9,250 for full-time undergraduate courses.
If you are a student from the Isle of Man or the Channel Islands, your tuition fees will also be £9,250.
The University reserves the right to increase Home and EU Undergraduate and PGCE tuition fees in line with any inflationary or other increase authorised by the Secretary of State for future years of study.
We advise you to consider the cost of the books that will be suggested as key reading/reference books. All books will be available in the library, but in limited numbers. We suggest setting aside around £200 for purchases.
If after graduating you want to pursue professional accreditation with the Association of Chartered Certified Accountants (ACCA), you will be required to pay ACCA a registration fee and a fee for each exemption requested. More details about these fees are available on the ACCA website.
You will also need to consider the cost of your accommodation whilst you study at university. Visit our accommodation webpages for further details about our Halls of Residence.
We have a range of scholarships to help with the cost of your studies. Visit our scholarships page to find out more.
The International tuition fees for 2018/19 are £11,400 for full-time undergraduate courses.
Visit our International fees page for more information.
This course is also available as a Combined Honours degree with the following subjects:
|Accounting & Finance and Business Management|
|Accounting & Finance and Computer Science|
|Accounting & Finance and Drama|
|Accounting & Finance and Early Childhood|
|Accounting & Finance and Education|
|Accounting & Finance and English Language|
|Accounting & Finance and Film & Visual Culture|
|Accounting & Finance and Information Technology|
|Accounting & Finance and International Relations|
|Accounting & Finance and Mathematics|
|Accounting & Finance and Media & Communication|
|Accounting & Finance and Politics|
|Accounting & Finance and Psychology|
|Accounting & Finance and Tourism|