BA (Hons) Accounting and Finance (September start)

Southwark Campus and Croydon 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.

As No 7 in the UK for Accounting and Finance (Guardian University Guide 2020), LSBU is a brilliant place to equip yourself with the accounting and finance skills you need in the heart of the financial capital.

The course has been designed with your future in mind; developed with input from businesses, our courses ensure you gain the knowledge you need to succeed in the modern world. You’ll learn how to use data for decision making, taxation and managerial accounting, as well as finance in a digital world. You will tailor our course to suit your interests and future ambitions – while we help you to get there.

You can choose to complete a placement as part of this course, putting your skills and knowledge in to practice in a real business environment, gaining valuable professional experience and enhancing your employability prospects.

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 2021.

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, SAGE, FAME, Nvivo and SPSS.
We're 2nd for Student Satisfaction in Accounting and Finance in London (Complete University Guide League Tables 2021) and we're top 3 for overall satisfaction in Accounting in London (NSS 2020).

Study at LSBU Croydon

This course is also available to study at our new campus in the heart of Croydon from September 2021. LSBU Croydon will play a key role in our mission to transform lives, communities, businesses and social through applied education. Find out more or apply now.

Accreditations

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

  • Finance and the Economy You’ll be introduced to a range of economic and financial topics and shows how these can be applied to understand the world around us. You’ll develop your understanding of the external environment businesses face, and aspects of finance relevant to the business context. The module aims to develop your understanding of the context in which modern business operates. Thus, enabling you to appreciate and apply simple economic concepts to facilitate business decision making in an increasingly dynamic and resource constrained global business environment. It further aims to equip you with the understanding of financial tools and markets and the knowledge to make financial decisions for your personal or professional lives.
  • The LSBU Discovery Project You'll utilise business project frameworks, problem solving skills and ideas generation techniques that will support you through the key stages required to complete a business project from concept to delivery. Throughout the stages of your project, and by incorporating a facilitated coaching process, you will be supported to develop key skills vital to successful leadership and management.  
  • Elements of Financial Accounting 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 knowledge and understanding of the underlying principles and methods used in the recording of financial data and preparation and presentation of financial statements. This module aims to build up your knowledge and understanding of the principles and concepts relating to financial accounting and, in so doing, to develop your technical proficiency in the preparation and interpretation of financial statements.
  • Management and Organisations You’ll be introduced to concepts of management in organisations, giving you an appreciation of the complexities of organisations, which affect employee the behaviour within them. You’ll learn about human resource management strategies to manage people in organisations, as well as key management, organisational behaviour and people management theories and practices.
  • Data for Decision Making In this module, you'll examine a range of ways of handling, analysing and presenting quantitative information.  The underlying theme is to look at data in a variety of forms, to determine the ‘story’ that this data is telling, and to use that ‘story’ to justify decisions. This module will  equip students with the quantitative skills necessary for them to be able to understand and analyse the information contained in numerical data, and to use this analysis to make business decisions.
  • Managerial Accounting You will learn about the basics of management accounting and how to apply your knowledge in various contexts. It will enable you to understand how to use a variety of management accounting techniques in supporting the management processes of planning, controlling and decision-making within organisations. It will cover cost accounting principles, conventions and practices as applied to the ascertainment of costs and the analysis, interpretation and presentation of cost information.  

Year 2

  • Managing Business Performance
    This module will introduce advanced aspects of management accounting particularly to do with performance management within organisations that operate within competitive environments.  The module will help you understand the use of quantitative and qualitative information as well as cost, quality and process management systems used by organisations to measure and manage performance and implement optimal strategies in a changing and competitive environment.
  • Taxation Practice
    This module introduces you to the UK taxation system. This includes the study of various different kinds of taxes, how these taxes are calculated and how HMRC works. The main taxes covered will be income tax for individuals (both employment income and income from self-employment), corporation tax, simple group structures, and value added tax. You will learn to not only calculate tax liabilities for these taxes but also to plan tax affairs to efficiently manage the taxes of individuals and companies. You will also learn the basic compliance requirements for both individuals and companies.
  • Professional and Digital Skills
    This module provides comprehensive insights into graduate employability and your career development as an Accounting & Finance. It teaches you essential techniques of self-awareness building, career exploration, job search, succeeding in recruitment and selection processes and teamwork, enabling you to secure employment and thrive in the world of work. In addition, you will covers specific skills of particular relevance to Accounting & Finance students, with particular hands-on Excel and accounting software skills, and also knowledge of technological innovations such as Blockchain, cryptocurrency, and others. The module is taught as a mix of lectures, practitioner guest lectures, hands-on skills seminars and computer lab sessions. The portfolio assignment consists of two reflective pieces, encouraging you to embark on your own exploration and learning journey, relating the content covered in this module to and own individual career ambitions.
  • Legal Environment of Business
    The module will introduce you to the general principles of Business and Corporate Law as well as ethical behaviour and implication for accountants.  It also introduces you to the English Legal System and examines the general principles of English Law, which have a major impact in the business and legal environment in which accountants operate.
  • Financial Accounting and Reporting This module will build upon the Level 4 module, Financial Accounting and will introduce you to the conceptual and regulatory framework of financial reporting as well as ethical behaviour and implication for accountants.  The module will enable you to prepare, interpret and analysis financial statements for single entity and business combination in accordance with IAS and IFRS. Students who successfully complete the module should have a solid base from which to continue onto the Level 6 module, Corporate Reporting.
  • Finance in a Digital World In this module, you will develop an understanding of the basic principles of contemporary finance and investment. It seeks to provide an elementary knowledge of the subject, simultaneously highlighting the essential links between accounting & finance concepts and practical financial management in a digital world. Through this, you will have a firm foundation in both the theoretical and practical aspects of financial decision-making in a digitised marketplace.

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

  • Contemporary Audit: Principles & Practice
    This module introduces you to the concept of the auditing, assurance and internal audit function. It will examine the relationship between the statutory audit process, corporate governance, ethics and professional conduct. You will be given a firm foundation in the planning, risk assessment, audit testing and providing an audit opinion to a business entity. The main theme of this module is to explore the practical aspects of the auditing process and how this is applied to various business entities and how the audit process can assist businesses with their strategic business decision-making. The module will also consider the contemporary aspects of auditing such as social and environmental audit.
  • Corporate Reporting
    This module builds upon the knowledge and skills gained in earlier financial reporting/accounting modules. It covers the preparation and analysis of financial statements for individual reporting entities and groups. The module also addresses key financial reporting standards including those relating to leases, revenue recognition, non-current assets, financial instruments borrowing costs and related parties and addresses theoretical issues such as earnings management and regulation of corporate reporting.
  • Financial Decision Making
    This module is about managing the finance function in a business enterprise by making value-maximising 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 the module. You will be provided with a firm foundation in the theoretical as well as practical aspects of financial decision-making.

Plus options from:

  • Advanced Financial Accounting and Reporting
    This module covers advanced aspects of accounting for business combinations and introduces you to some of the complex areas of financial reporting such as accounting for financial instruments, employee benefits, share options and integrated reporting. The module exposes you to the ethical and professional issues an accountant may face in practice and develops an understanding of how to deal with such issues. The module also exposes you to research on the usefulness of accounting information to investors and the use of accounting ratios to predict corporate distress.
  • Advanced Taxation
    This module builds on the taxation principles and concepts introduced in the ‘Taxation Practice’ module. The module is optional and is suitable for those who want to further their knowledge of UK taxation system. The module is of applied nature and provides in-depth knowledge of the main income tax categories namely income tax for individuals, corporation taxes, capital gains tax for individuals, inheritance and trusts taxes, and value added taxes (VAT). 
  • Corporate Finance and Risk Management
    The module aims to build on already existing knowledge of the fundamental theory and practice of finance, and provide you with the more advanced technical expertise required to apply these in the context of strategic financial decision making and risk management from the perspective of senior financial executives or consultants. It will also be useful for students seeking a firm grounding in advanced corporate and international finance as a basis for further study or research in the subject area.
  • Financial Planning and Wealth Management
    Financial planning and wealth management incorporates behavioural finance, principles of asset allocation and constraints, private wealth management, estate planning, portfolio management strategies for individuals, institutional investors Including pension funds and performance measurements of investment managers. It involves learning the qualitative and quantitative techniques used in devising strategies for asset allocation base on risk return characteristics of assets matching with the risk tolerance of individual and risk characteristics of institutional investors.  You will be provided with a firm foundation in the theoretical as well as practical aspects of portfolio management and wealth planning.  As part of the course, Bloomberg will be integrated into the curriculum.
  • Forensic Accounting
    Forensic accounting is an area of accounting which is seen as the current ‘hot’ topic for accounting & finance professionals because of the number of corporate failures that have occurred where the main cause has been fraudulent activity. This module introduces you to the role that this specialised branch of accounting and auditing has in the interesting and challenging area of fraud detection, mitigation and prevention.
  • Global Finance and Technology
    This module introduces you to the concept of International Finance and the role of exchange rates and their determination in financial markets. The module covers theories of exchange rate determination and the difference between fixed and floating exchange rate systems. It further offers an excursion into modern financial topics such as cryptocurrencies, Fintech and automation in the banking sector as key drivers in the finance industry. You will be exposed to the regulatory challenges, which come with financial innovation. The module will feature guest speakers from the industry to introduce students to various financial software platforms.
  • Investment Analysis
    This module investment analysis is a broad area which incorporates many different features of evaluating financial assets, mutual funds sectors, and trends. It involves learning the qualitative and quantitative techniques used to value investments for risk, yield potential or price movements to predict future performance, selecting the type of investment instrument that best suits an investor's needs.  You will be provided with a firm foundation in the theoretical as well as practical aspects of investment analysis. As part of the course, Bloomberg will be integrated into the curriculum.
  • Organisational Risk and Controls
    Accounting & finance professionals have to be in a position to strategically develop a business and show an awareness of the various risk factors which can have an impact on this development. In addition, accounting & finance professionals have to evaluate the strategic position of the business against the external environment and the availability of internal resources, to identify feasible strategic options particularly in relation to risk management processes.
  • Strategic Leadership and Governance
    Effective design and implementation of organisational strategy depends on intelligent leadership and good governance. Underpinning this are the shared values of the leaders within an organisation. In a context of important technological and geopolitical change, this module explores the principles of sound strategy. And it emphasises the role of styles of leadership and forms of governance in achieving strategic direction. An important theme is the place of integrity and responsibility in a challenging and risk-laden business environment. You will be provided with a firm foundation in core theoretical ideas. You will also, through case studies and an applied coursework, be helped to develop the practical skills of strategy creation and implementation.  
  • Volunteering
    This module allows you to gain valuable volunteering experience while studying for an undergraduate degree. Volunteering adds significant value to your transferable skills and career development, it can also boost wellbeing and personal fulfilment in terms of social impact. Your are encouraged to access support from the Student Commercial Experience team, they will be able to signpost and highlight any opportunities both within the University, or offered by members of its professional network. However, responsibility for securing the volunteering opportunity ultimately lies with yourself, developing employability and job resourcing skills as part of the module offer.

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.

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.

Placements

Students have the option of a placement year in industry in a role cognate with accounting and finance. As part of that year, they will be given assistance in documenting their experience in a manner that that can later be used to apply for recognition of that placement year by the relevant professional bodies.

Level 5 students seeking placements have a dedicated staff member within the Business School to make them available of opportunities, and to stay in contact with them throughout their placement.

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 LSBU 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

  • 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.

Recognition of other qualifications for direct entry to Level 5:

Direct entrants to Level 5 will be considered for applicants who have successfully completed (or gained exemption from):

  • ACCA: Applied Knowledge exams:
    • Accountant in Business (AB)
    • Management Accounting (MA)
    • Financial Accounting (FA)
  • ACCA: Diploma in Accounting and Business
  • ACCA: Certified Accounting Technician (CAT)
  • AAT: Accounting Qualification Level 4
  • Recognised Edexcel Higher National Diploma in either accounting; business or finance giving exemption from ACCA Applied Knowledge modules
  • Recognised degree giving exemptions from at least ACCA Applied Knowledge modules

Direct entrants to Level 5 will be given guidance on how they may make good any deficiencies in their learning. This will include the provision of syllabi and detailed recommended reading. This will be provided prior to the commencement of the teaching programme. Applicants will be advised as to which exemptions they will be eligible for on entry at Level 5.

Recognition of other qualifications for direct entry to Level 6:

Direct entrants to Level 6 will be considered for applicants who have successfully completed (or gained exemption from):

ACCA: Applied Knowledge exams (AB, MA and FA)

AND the following three Applied Skills exams – i.e.:

  • Corporate and Business Law (LW)
  • Performance Management (PM)
  • Taxation (TX)

Advanced entry

If you have already completed some studies at another university, we may be able to consider you for advanced entry. Please see our advanced entry page for more information.

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
3 years
Start date
September
Application code
N423
Application method
Mode
Part-time
Duration
4 years
Start date
September
Application code
5703
Application method
Mode
Full-time (with placement)
Duration
4 years
Start date
September
Application code
5718
Application method

Choose your campus

On your UCAS application for an Accounting and Finance course you will need to choose which LSBU campus you wish to study at: Southwark or Croydon.

LSBU is located in Elephant & Castle, the heart of London with access to everything the city has to offer, including strong partnerships with the industries that surround us. To study at our Southwark campus please put an S on your UCAS application.

LSBU Croydon is our new campus opening in September 2021 with a mission to transform lives and communities. Croydon is home to many businesses, from household names to start-ups, giving our LSBU Croydon students loads of opportunities. To study at our Croydon campus please put a C on your application.

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

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 160 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.