LSBU banner

BA (Hons) Accounting and Finance

Southwark Campus

Mode: Full-time

Overview

Count on success

Successful money management is key to personal and professional success. So join this unique, top-ranked course and set yourself on the path towards a major professional accountancy qualification.

We offer the opportunity for all undergraduate Home/EU students to undertake a work placement, internship or work experience while studying a full-time course starting in September 2020.

Why Accountancy at LSBU?

No. 7 overall in UK for Accounting and Finance (Guardian University League Tables 2020).

Joint 2nd in Accounting and Finance for career prospects among London universities (Guardian University League Tables 2020).
Professional certification: become a part-qualified accountant with exemptions from ACCA, CIMA and ICAEW.
Great potential: senior chartered accountants can earn up to £135,000.
Software skills: you’ll learn industry-standard software including Bloomberg, Thomson One Banker, SAGE, Blueprint, FAME, Nvivo and SPSS.
Top 5 in London for satisfaction with teaching in Accounting and Finance (Guardian University League Tables 2020)

Accreditations

Key course information - ordered by mode
Mode Duration Start date Location
Mode
Full-time
Duration
4 years (sandwich)
Start Date
January; September
Location
Southwark Campus
Mode
Full-time
Duration
3 years
Start Date
January; September
Location
Southwark Campus
Mode
Part-time
Duration
4 years
Start Date
September
Location
Southwark Campus

Modules

This course covers a broad range of areas including auditing, taxation, corporate finance, company law and economics, practical skills and professional body accreditation. Take a look at the detail below.

Year 1

  • Concepts of Management You’ll be introduced to personal development planning, which will help you to identify your goals and, ultimately, to achieve your aims. You’ll accomplish this by taking part in a structured coaching process, developing key skills, mathematical techniques and acquiring the knowledge you will need to succeed on an academic economics course or in a professional business environment.
  • Financial accounting fundamentals This module will introduce you to the fundamentals of the regulatory framework of accounting, together with the qualitative characteristics of useful accounting information. It will also develop your knowledge and understanding of the underlying principles and methods used in the recording of financial data, and the preparation and presentation of financial statements. Assessment methods: 50% coursework, 50% exam.
  • People and organisations This module will give you an appreciation of the complexities of understanding people and behaviour within organisations. The module will cover theories of organisational behaviour and people management practices. You'll develop an understanding of how and why individuals behave in specific ways in the workplace. Assessment method: 100% coursework.
  • Business economics This module will introduce a range of essential economic concepts and methods and show how these can be applied to understand the world around us. The emphasis of the module is upon the business applications of economics in facilitating the decisions of managers, entrepreneurs in a variety of situations including pricing, advertising, financing, market entry, and product developments. The module will also consider the implications of the macro economy on the operations of modern firms. Assessment method: 100% coursework.
  • Management accounting This module will introduce you to the basic principles and practices of management accounting. It will enable you to identify how management accounting techniques can be used to support the management processes of planning, controlling and decision-making. This module will cover cost accounting principles, conventions and practices as applied to the ascertainment of costs, and the analysis, interpretation and presentation of cost information. Assessment methods: 50% coursework, 50% exam.
  • Principles of marketing This module will introduce you to the theories and practices of marketing, providing you with an underpinning in the subject for further studies at Levels 5 and 6. It acts as an introduction to the basic principles of marketing from which other modules can develop. These principles include the marketing environment, the marketing mix, marketing research and buyer behaviour. Assessment method: 100% coursework.  

Year 2

  • Advanced management accounting
    This module builds on the Business Economics modules at level 4. This module, while describing the macroeconomic world around us, places far more emphasis on conveying the theoretical underpinnings for what is observed. 
  • Employability skills for accountants
    This module covers two key but different areas related to employability. Firstly, this module will enhance your employability prospects by developing your career management skills. Secondly, it will give you the opportunity to work with and develop skills in accounting software and apply the fundamental technique of bookkeeping. It will also help prepare you to apply for and carry out a placement year in industry. Assessment method: 100% coursework.
  • Business and company law
    This module will give you the opportunity to study the general principles of Business and Corporate Law. It will also introduce you to the English Legal System and the general principles of English Law, which have a major impact in the business environment in which accountants operate. Assessment methods: 40% coursework, 60% exam.
  • Fundamentals of finance
    This module is an introduction to the basic principles of finance and financial decision-making. It will provide you with an elementary knowledge of finance, as well as highlighting the essential links between accounting and finance concepts. You'll thus be provided with a firm foundation in the theoretical and practical aspects of financial decision-making. Assessment methods: 40% coursework, 60% exam.
  • Taxation fundamentals This module focuses on the computation of tax liabilities of individuals, including employees and self-employed persons, as well as unincorporated businesses, companies, and groups of companies. Assessment methods: 40% coursework, 60% exam. 
  • Financial accounting and analysis This module will build upon the fundamentals of accounting studied at Level 4 to develop your ability to prepare and present published financial statements, applying current International Financial Reporting Standards for a single entity and simple business combinations. The module will also develop your knowledge and understanding of the interpretation of financial statements. Assessment methods: 40% coursework, 60% exam.

Year 3 (optional placement year)

When you complete a placement year, you'll be awarded a differentiated degree entitled BA (Hons) Accounting and Finance (with Placement). The assessment of the placement is designed to support and accredit your experience by formalising your personal development outcomes, and by contextualising your prior learning. The production of evidence to a relevant professional body, which includes a minimum of two workplace visits over the year, will provide you with a supportive structure to work in. Regular online contact with tutors, peer-contact and placement support will be maintained throughout the year. Assessment method: 100% coursework.

Year 4

  • Accounting and finance theories and issues
    This module will give you an appreciation of the relevant issues that describe and underpin the modern accounting profession. In the context of Accounting and Finance, you'll develop your skills in critical thinking, creativity and the use of information technology to identify and effectively present information. You'll also develop your skills in accurate and complete referencing of the work of other authors, and in learning through reflection on your own practices and experiences. Assessment method: 100% coursework.
  • Managerial finance
    This module is about managing the finance function in a business enterprise by making value-maximising strategic financial decisions. Financial value is a function of cash, time and opportunity cost – all key factors that financial managers need to consider when allocating scarce resources to competing uses. Since value maximisation requires the optimum balance of return and risk, the management of risk will be an important theme of this module. The module will adopt an international perspective throughout. Assessment methods: 40% coursework, 60% exam.
  • Financial reporting
    This module develops your skills in understanding and applying accounting standards in the preparation of financial statements. The module covers the preparation of financial statements for individual reporting entities. It covers the key technical aspects of corporate reporting and addresses theoretical issues such as earnings management and the arguments for and against regulation of corporate reporting. Assessment methods: 40% coursework, 60% exam;
  • Audit and assurance
    This module will allow you to develop your knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of the professional regulatory framework. This module will also allow you to explain the nature and purpose of internal audit, and describe its role as part of overall performance and its relationship with external audit. In addition, this module will explore the evaluation of information systems, internal controls, audit evidence, audit planning and the audit report. Assessment methods: 40% coursework, 60% exam. 

Plus two modules from:

  • Advanced corporate reporting
    This is an elective module. The first part of the module looks at the use of accounting information to predict corporate failure, and will expose you to some of the techniques used by researchers to measure the value relevance of corporate disclosures and announcements. The second part of the module covers the advanced aspects of accounting for business combinations, and will introduce you to some of the contentious areas of financial reporting, such as accounting for financial instruments, employee benefits, and share options.
    By completing this module you'll be able to access and utilise relevant information sources available in electronic form, including websites dedicated to providing financial data, and write reports based on your analysis of such data. In addition, you'll be able to use spreadsheets and other relevant software, and to manipulate and analyse financial data. Assessment methods: 60% coursework, 40% exam.
  • Advanced personal taxation
    This elective module focuses on the advanced aspects of the computation of the tax liabilities of individuals, including employee or self-employed persons. The module emphasises the ability to plan the tax affairs of an individual so as to minimise their liabilities. Assessment methods: 60% coursework, 40% exam.
  • Corporate finance and risk management
    This is an advanced module that covers the theories and applications of corporate and international financial management techniques from a strategic perspective. It deals with the planning and implementation of financial strategies relating to the acquisition and management of resources for the creation of corporate value, and its translation into value for shareholders and other stakeholders. Since financial value is a function of both return and risk, the optimal management of risk is a core part of the module. Ethical considerations will be woven into the fabric of the module. Assessment methods: 60% coursework, 40% exam.
  • Enterprise strategy
    This module builds on your ability to apply financial management techniques, financial accounting analysis and management accounting forecasting. Having studied this module, you'll be able to assess an organisation's current environment, make strategic decisions on the direction of the organisation, implement strategy and evaluate the impact of strategic decisions on the organisation's stakeholders. Assessment methods: 60% coursework, 40% exam.
  • Personal finance
    This module is about the application of the principles of financial management in various aspects of personal financial planning, such as budgeting, saving, borrowing and investing. Alternative avenues of investment and finance (both short-term and long-term) are examined from theoretical as well as practical perspectives, along with the important topical issues relating to the subject of personal financial planning. Assessment methods: 60% coursework, 40% exam.

Employability

Employability is at the core of this course. Our vocational approach to teaching will help you develop a wide range of skills that employers are looking for. You'll have the option of an industry placement and you'll document your experience, so that it's recognised by the accrediting bodies.

Qualifications

This course will give you full exemption from the ACCA Fundamentals level, so you can work as a part-qualified accountant in public practice, industry or commerce. If you sit your exams for the ACCA Professional level (which you can sit at LSBU), you’ll be able to apply for a place on our MSc Applied Accounting course.

Your career

One of the most popular options on graduating is to go on to train as a chartered accountant. There are many different directions to pursue, specialising in financial reporting, taxation, auditing or forensic accounting. There are four main players in accountancy - Deloitte LLP, Ernst & Young, KPMG and PwC – but you’ll also find many small to medium-sized enterprises (SMEs) which provide plenty of opportunities on graduation, such as professional training and development.

In terms of salary, graduates entering accountancy can find starting salaries in the region of £23,000 - £24,000, with the potential for salaries to increase rapidly with further qualifications and experience. Senior chartered accountants can expect to earn up to £135,000. (Prospects)

Employability Service

We are University of the Year for Graduate Employment for the second year in a row - The Times and Sunday Times Good University Guide 2018, 2019.

At LSBU, we want to set you up for a successful career. During your studies – and for two years after you graduate – you’ll have access to our Employability Service, which includes:

  • An online board where you can see a wide range of placements :part-time, full-time or voluntary. You can also drop in to see our Job Shop advisers, who are always available to help you take the next step in your search.
  • Our Careers Gym offering group workshops on CVs, interview techniques and finding work experience, as well as regular presentations from employers across a range of sectors.

Our Student Enterprise team can also help you start your own business and develop valuable entrepreneurial skills.

Professional links

The Association of Chartered Certified Accountants (ACCA) is the global body for professional accountants. The course is accredited to ACCA and is one of a limited number of degrees that offers you the chance to gain maximum exemptions from the Knowledge and Skills modules of ACCA Fundamentals level.

You can also gain exemptions from 10 of the 16 papers required to gain the professional qualification of the Chartered Institute of Management Accountants (CIMA) and 7 exemptions from the Institute of Chartered Accountants in England and Wales (ICAEW) Certificate in Finance.

At the end of Level 5 you have the option of a placement year – your opportunity to try out a career path. You'll be able to put your learning into practice, whilst gaining valuable professional experience and improving your employability prospects.

If you complete the year successfully you'll be awarded a BA (Hons) Accounting & Finance (with Placement). Over the year you’ll submit evidence to a relevant professional body, which includes a minimum of two workplace visits. Your tutor will support you throughout your placement.


Association of Chartered Certified Accountants logo
The Association of Chartered Certified Accountants (ACCA) was founded in 1904; the ACCA is the global body for professional accountants offering the Chartered Certified Accountant qualification.
Institute of Chartered Accountants in England and Wales
ICAEW is a world leading professional membership organisation that promotes, develops and supports over 142,000 chartered accountants worldwide. It provides qualifications and professional development, shares knowledge, insight and technical expertise, and protects the quality and integrity of the accountancy and finance profession.
CIMA logo
The Chartered Institute of Management Accountants (CIMA) is the world's largest professional body of management accountants offering the most relevant accounting qualification for a career in business. If you are considering a career in finance and business, the CIMA qualification will open doors with employers all over the world.
IoEE Centre of Excellence logo
Centre of Excellence status is the IoEE’s (Institute of Enterprise and Entrepreneurs) flagship organisational accreditation for organisations that promote and deliver enterprise skills development – and is in recognition of the School’s entrepreneurial culture and leading-edge practice.
IoEE Centre of Excellence logo
Established in 1916, the Institute of Financial Accountants (IFA) is an internationally recognised professional accountancy membership body. Our members work within micro and small- to medium-sized enterprises or in micro and small- to medium-sized accounting practices advising micro and SME clients.

Facilities

Specialist industry software prepares our students with the digital skills that employers value. Students on our programmes have access to Bloomberg, Thomson One Banker, SAGE, Blueprint, FAME, NVivo, and SPSS.

Why not read about how a LSBU student took first place in Bloomberg’s prestigious annual Investment Challenge (BIC) competition.

Read more about the Division of Accounting and Finance's specialist facilities and software.

Students using Bloomberg facilities

Teaching and learning

In addition to lectures, seminars and tutorials, teaching methods include student presentations, group working, role playing exercises, hands-on computing and computer assisted learning packages. We’ll strengthen your interpersonal skills to help you establish a career in your chosen subject area by supporting you with a personal tutor and a student mentor.

Percentage of time spent in different learning activities
Lectures and seminars Self-directed study
Year 1 26% 74%
Year 2 26% 74%
Year 3 26% 74%

Personal Tutoring

As an undergraduate student in the Business School, your personal development and wellbeing is very important to us, so we have developed a personal tutoring system that is tailored to your individual and group needs.

Firstly, you will be allocated a personal tutor who will be available to you on a 1:1 basis as well as facilitating group personal tutoring sessions which will be designed to enhance your academic and personal development within your degree programme.

In addition to an allocated personal tutor, there will also be a personal tutor available ‘on call’ in a designated room, called ‘Talk’, for confidential 1:1 pastoral care meetings every day of the academic semester from 9am to 8pm. This personal tutor can be seen by appointment or within a few minutes in order to assist you with any concerns that you may have.

Our personal tutoring motto is that we want you to "Achieve, Succeed & Excel".

Coaching

Students in their first year of an undergraduate degree will also benefit from our BE programme.  This programme is a proactive approach to student development that draws out our students' potential through a process of self-analysis, reflection, planning and action, enabling students to discover and decide upon their required needs.

Staff

Entry requirements

2019 Entry

  • A Level BBB or:
  • BTEC National Diploma DDM or:
  • Access to HE qualifications with 24 Distinctions and 21 Merits or:
  • AAT level 3 or:
  • Equivalent Level 3 qualifications worth 122 UCAS points
  • Applicants must hold 5 GCSEs A-C including Maths and English, or equivalent (reformed GCSEs grade 4 or above).
  • We welcome equivalent qualifications from around the world. English language qualifications for international students: IELTS score of 6.0 or Cambridge Proficiency or Advanced Grade C.

Direct entry into the second of third years

  • Direct entry to Year 2 is permitted for students who have passed ACCA papers F1 to F3 or have gained exemption from those papers on the basis of previous studies (e.g. by completing the AAT Technician qualification).

Visit UCAS for guidance on the 2019 tariff.

How to apply

International students

International (non Home/EU) applicants should follow our international how to apply guide.

Home/EU applicants

Mode Duration Start date Application code Application method
Mode
Full-time
Duration
4 years (sandwich)
Start date
January; September
Application code
N420
Application method
Mode
Full-time
Duration
3 years
Start date
January; September
Application code
N420
Application method
Mode
Part-time
Duration
4 years
Start date
September
Application code
4152
Application method

Accommodation

Once we have made you an offer, you can apply for accommodation. You can rent from LSBU and you’ll deal directly with the university, not third party providers. That means we can guarantee you options to suit all budgets, with clear tenancy agreements and all-inclusive rents that include insurance for your personal belongings, internet access in each bedroom and on-site laundry facilities.

Or, if you’d rather rent privately, we can give you a list of landlords – just ask our Accommodation Service.

Read more about applying for accommodation at LSBU.

Finance

You don't need to wait for a confirmed place on a course to start applying for student finance. Read how to pay your fees as an undergraduate student.

Prepare to start

Applicant events

After you’ve received your offer we’ll send you emails about events we run to help you prepare for your course.

Enrolment

Before you start your course we’ll send you information on what you’ll need to do before you arrive and during your first few days on campus. You can read about the process on our Enrolment pages.

Fees and funding

Fees are shown for new entrants to courses, for each individual year of a course, together with the total fee for all the years of a course. Continuing LSBU students should refer to the Finance section of our student portal, MyLSBU. Queries regarding fees should be directed to the Fees and Bursaries Team on: +44 (0)20 7815 6181.

Full-time

Year 1 FT Southwark JAN

The fee shown is for entry 2019/20.
UK/EU fee: £9250International fee: £13780
AOS/LSBU code: 4314Session code: 1FS01
Total course fee:
UK/EU (excluding any optional years) £27750
UK/EU (including any optional years) £27750
International (excluding any optional years) £41340
International (including any optional years) £41340

Year 1 FT Southwark SEPT

The fee shown is for entry 2019/20.
UK/EU fee: £9250International fee: £13780
AOS/LSBU code: 4314Session code: 1FS00
Total course fee:
UK/EU (excluding any optional years) £27750
UK/EU (including any optional years) £27750
International (excluding any optional years) £41340
International (including any optional years) £41340

For more information, including how and when to pay, see our fees and funding section for undergraduate students.

Please check your fee status and whether you are considered a Home, EU or International student for fee-paying purposes and for our regulatory returns, by reading the UKCISA regulations.

See our Tuition Fees Regulations (PDF File 136 KB) and Refund Policy (PDF File 102 KB).

Possible fee changes

The University reserves the right to increase its fees in line with changes to legislation, regulation and any government guidance or decisions.

The fees for international students are reviewed annually and the University reserves the right to increase the tuition fees in line with the RPIX measure of inflation up to 4 per cent.

Scholarships

We offer several types of fee reduction through our scholarships and bursaries. Find the full list and other useful information on our scholarships page.