BA (Hons) Accounting and Financial Management including Foundation Year (4 Year)

Have only a limited number of A-Levels or BTEC Level 3 qualifications? All of our four-year degrees are ideal for applicants who have only studied up to GCSE Level. This course may also be for you if you:

  • Have been out of education for a while
  • Are an EU national who graduated from high school outside of the UK.

If you don’t have any formal qualifications, you could still be admitted onto the course if you pass our admissions tests and interview.

You can choose to study Accounting and Financial Management, Law, or Business Management. In Year 1, you will complete four Foundation Year modules. Three of these four modules focus on general study skills and the fourth is an introduction to your chosen subject area (Accounting, Law, or Business). These modules have been designed to prepare you for the next three years of your degree.

If you are eligible for funding through the Student Loans Company (SLC) you will be entitled to funding for all 4 years of the course.

ACCA Accredited ProgrammeCIMA University PartnerThis degree is the first step on the ladder to becoming an accountant. To progress, a professional qualification is also essential. Most students will go on to take a professional accounting qualification with one of the major international accounting bodies, such as the Association of Chartered Certified Accountants (ACCA) or the Chartered Institute of Management Accountants (CIMA).

This course is accredited by CIMA which means our graduates have been granted exemptions from seven CIMA exams. In addition, this course is also accredited by the ACCA and our graduates are also granted similar exemptions from nine ACCA exams. This means you can save yourself a lot of time and stress in the future, because this degree will equip you with a whole host of ready-made exemptions from the exams of the two leading professional accounting bodies in the UK.

Our students also benefit from free student membership to both ACCA and CIMA throughout the duration of their studies. STMBS is one of only four higher education institutions in London to offer free CIMA student membership to all students on eligible courses. This means that our students can take advantage of both ACCA and CIMA online communities and free resources and career support services relevant to their studies such as: interview tips, CV support, discussion forums, graduate vacancies, information about networking events, and career skills classes run by employers.

You can learn more about CIMA membership benefits and ACCA membership benefits on their respective websites.

On this course you will undertake a rigorous and coherent study of the theory and practice of accounting and financial management and develop an understanding of how accounting and financial management is shaped by and impacts on legal, ethical, social, political, environmental and economic norms.

Would you like to find out more? Click here to fill out our enquiry form or call our Enquiries Line: 020 8553 0102

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Employment

All of our Accounting and Financial Management courses are ideal for students who aspire to work in the accounting or financial professions.

This course is specifically designed to develop students’ employability skills including:

  • Critical evaluation and analysis
  • Evaluation of data
  • Use of contemporary information and communications technology to acquire and analyse information.

Graduates are therefore well-placed to pursue careers in areas such retail banking, investment banking, risk-analysis, insurance and management consultancy.

 

Key Information

We have both October and January start dates for this course. There are two semesters each year. Students complete 2 x 30 credit modules each semester, enabling students to concentrate on fewer modules at a time. Modules are assessed in different ways, e.g. essays, reports, portfolios, presentations and examinations.
 

Duration:

4 years full-time

Campus:

London

Start Dates:

October or January

Awarding Body:

Worchester University

 

Fees

UK/EU 2017/18*: £6,150 per year
Total course fee: £24,600

EEA and Swiss nationals 2017/18*: £12,000 per year
Total course fee: £48,000

* Scholarships are available

International students are ineligible for 4 Year degrees

Please note we are unable to issue Tier 4 visas for our 4 Year degrees



Entry Requirements

  • Applicants normally require 5 GCSEs at Grade C or above, or equivalent Level 2 qualifications, including English Language and Mathematics.

Note: From 2017, English and Maths GCSEs are graded from 9 to 1, rather than A* to G. All other GCSE subjects will follow with the new grading system in 2019. A current grade 'C' in the new system will be considered to be a '4'. Click here for a quick explanation of the new GCSE grading system from our blog.

  • Applicants must have completed Year 11 (Key Stage 4) Secondary School, or equivalent, at least 2 years prior to the start of the course
  • Applicants for whom English is a second language require IELTS at 5.5 (minimum 5.0 in each category).


Modules

Level/Year Semester 1 Semester 2
Level 0
Foundation
Study and
Research Skills
(30 credits)
Contemporary
Themes
(30 credits)
Professional
Skills
(30 credits)
Introduction to
Accounting
(30 credits)
Level 4
Year 1
Accountants in
Organisations
(30 credits)
Financial
Accounting
(30 credits)
Management
Accounting
(30 credits)
Business and
Corporate Law (30 credits)
Level 5
Year 2
Computer Applications in Accounting
(30 credits)
Financial
Reporting
(30 credits)
Taxation
(30 credits)
Auditing in
Context
(30 credits)
Level 6
Year 3
Performance
Management
and Control
(30 credits)
Financial
Management
(30 credits)
Accounting and Finance Research Project
(30 credits)
Option
(30 credits)

Students complete one of the following Level 6 option modules:

  • Corporate Risk Management
  • Small Business Management
  • International Finance
  • Internship Placement

 

Featured Modules

Corporate Risk Management is an optional Level 6 module that introduces students to the main types of risk facing organisations in todays’ international business environment. Both qualitative and quantitative methodologies will be examined and students will also be required to adopt a critical approach when applying the frameworks. It explores the various risk measurement and management tools available to organisations in order for them to incorporate risk planning, risk modelling and risk appraisals into their strategies and operations.

Small Business Management is an optional module at Level 6 that is aimed at introducing students to the world of enterprise and small business planning. Generally defined as an owner or manager of a business enterprise who attempts to make profits by starting and growing his or her business, an entrepreneur is confronted with numerous other challenges. In summary, the module seeks to critically analyse both the eclectic mix of individuals planning to develop and launch their own businesses as well as those with established small business ventures who would like to expand.

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Degree classification

Upon graduation your degree will be classified as follows:

1st Class Honours
Upper Second Class Honours (2.1)
Lower Second Class Honours (2.2)
Third Class Honours

In calculating your degree classification, modules at Levels 0 and 4 are ignored. Your degree classification is based upon your performance in modules at Levels 5 and 6.

 

Professional Body exemptions

Chartered Institute of Management Accountants (CIMA)

The course is accredited by CIMA, providing graduates with exemptions from the following CIMA examinations: 

BA1 Fundamentals of Business Economics
BA2 Fundamentals of Management Accounting
BA3 Fundamentals of Financial Accounting
BA4 Fundamentals of Ethics, Corporate Governance and Business Law
E1 Organisational Management
P1 Management Accounting
F1 Financial Reporting and Taxation

Association of Chartered Certified Accountants (ACCA)

Our application for ACCA accreditation has been approved and our graduates can gain exemptions from the following ACCA examinations:

F1 - The Accountant in Business
F2 - Management Accounting
F3 - Financial Accounting
F4 - Corporate and Business Law
F5 - Performance Management & Control
F6 - Taxation
F7 - Financial Reporting
F8 - Auditing in Context
F9 - Financial Management

 

Worchester University Academic Regulations

The BA (Hons) Accounting and Financial Management is awarded by the Worchester University, and is governed by the University's Academic Regulations. Most of the University’s degrees are made up of 20-credit modules and therefore some of the Regulations apply differently to the BA (Hons) Accounting and Financial Management because it consists of 30-credit modules:

1. Accumulated Failure (Regulation 3.7.2)

If, after exhausting all opportunities for reassessment, you fail modules to the value of 90 credits, you will be withdrawn from further study.

2. Condonement (Regulation 3.7.12)

You must pass every module in order to successfully complete your degree.

3. Maximum number of credits that can be studied in each academic year (Regulation 3.3.2)

If, after exhausting all opportunities for reassessment, you fail a module your studies will continue into an additional academic year.


Teaching Weeks

January 2018

October 2017