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Course details
- A level requirements: AAB
- UCAS code: N400
- Study mode: Full-time
- Length: 3 years
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- Related courses
Course overview
You can expect to gain a foundation for deeper study of accounting issues in addition to having an understanding of fundamental accounting and finance concepts and principles by undertaking our Accounting and Finance programme.
Our Accounting and Finance programmes are ranked 1st in the Russell Group (4th in the sector) for student satisfaction (NSS 2022) and 2nd in the Russell Group for teaching quality, with an overall ranking of 14th from 99 providers (Times Good University Guide 2023).
*based on subject area.
Introduction
Taught by professionally qualified accountants who have a range of experience and industry links, you can expect our Accounting and Finance BA programme to provide you with the latest knowledge from those that have applied it in the business world. By selecting this highly accredited course, you will gain an advantage in a range of careers including: accountancy, investment banking, asset management and insurance.
After you’ve covered the core elements of the programme, we give you the flexibility to gain exposure to specialist areas such as auditing, taxation and strategy to a level equivalent to the ICAEW professional stage.
What you'll learn
- Financial accounting
- Economic principles for accounting and finance
- Business law
- Accounting theory and its relevance to accounting practice
- Financial management and reporting
- UK tax compliance
- Corporate reporting and analysis
- Developing and implementing business strategy
- Managing an assurance engagement and audit engagements
Accreditation
The University of Liverpool Management School holds accreditation from AACSB, AMBA and EQUIS. This makes it one of an elite group of institutions worldwide to hold the gold standard triple accreditation.
With close industry links, excellent teaching, and quality content this course is accredited by professional accountancy bodies including the Institute of Chartered Accountants in England and Wales (ICAEW), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), Chartered Institute of Public Finance Accountants (CIPFA), and Institute of Charted Accountants of Scotland (ICAS).
Teaching Excellence Framework 2023
We’re proud to announce we’ve been awarded aGold rating for educational excellence.
Findout why we're rated Gold
Course content
Discover what you'll learn, what you'll study, and how you'll be taught and assessed.
Year one
Your first year of study will provide you with a foundation for deeper study of accounting issues in the following stages of the programme in addition to being able to demonstrate an understanding of fundamental accounting and finance concepts and principles whilst being able to analyse introductory quantitative and qualitative techniques. You will also begin to develop key employability skills required for roles where personal responsibility is necessary.
This programme has been designed to ensure that our graduates can apply for the maximum number of exemptions from professional accounting qualifications upon completing their degree studies. This means that many of our modules, including all those that you take in year one, are compulsory.
Compulsory modules
Data Analysis for Accountants (ACFI120)
Credits: 15 / Semester: semester 2
The analysis of data is a fundamental activity in all aspects of accountancy. The modern data driven world has seen the importance of data in organisations increase exponentially. It is therefore essential for accountants to understand both the key concepts behind the origin and use of data as well as be able to practically analyse data to produce meaningful and value adding information.
This module will introduce and demonstrate the importance of data in modern businesses, discussing the key role accountants play in both the analysis of data and the dissemination of information across an organisation.
The types and use of data will be linked back to other fundamental modules on this course to both demonstrate and develop your skills in some of the core practical uses of data in both financial accounting and management accounting.
ECONOMICS PRINCIPLES FOR ACCOUNTING AND FINANCE (ACFI127)
Credits: 15 / Semester: semester 1
The aim of this module is to introduce the core principles of economics (both micro and macro), to develop models and economic perspectives relevant to accounting and finance students and demonstrate how modern economics can illuminate the problems that businesses (both national and international) face on a day-to-day basis.
INTRODUCTION TO FINANCE (ACFI103)
Credits: 15 / Semester: semester 2
This module introduces students to fundamental concepts in finance. The course aims to provide a firm foundation for the students to build on later on in the second and third years of their programmes, by covering basic logical and rational analytical tools that underpin financial decisions. The course covers topics such as the structure of firms and time value of money. Building on these notions, we then discuss the valuation of simple securities such as bonds and equities. The course also introduces students to project appraisal techniques.
INTRODUCTION TO FINANCIAL ACCOUNTING (ACFI101)
Credits: 15 / Semester: semester 1
ACFI101 aims to develop a sound understanding of the fundamental principles and techniques of financial accounting. The context and purpose of financial statements is introduced, after which students are introduced to the techniques of recording financial transactions, adjusting financial records and preparing basic financial statements. Successful students will possess a sound base of knowledge for progression towards studying financial reporting in greater depth in the second and final years: the preparation of complex financial statements in conformity with International Financial Reporting Standards (IFRS), both for single entities and groups of companies, and for entities undertaking a wide range of accounting transactions. This module is delivered by means of lectures and tutorials, supported by online self-study question material.
INTRODUCTION TO MANAGEMENT ACCOUNTING (ACFI102)
Credits: 15 / Semester: semester 2
The aim of this module is to introduce students to the nature and purpose of management accounting and to establish a solid foundation in its fundamental techniques. The module will explore and apply a range of basic techniques to produce information that aids management decision making. The techniques covered include cost volume profit analysis, budgeting and investment appraisal. Throughout the module the techniques studied will be applied to contemporary issues in the commercial world.
QUANTITATIVE METHODS FOR ACCOUNTING AND FINANCE (ACFI111)
Credits: 15 / Semester: semester 1
The module aims to provide an introduction to quantitative methods that will assist students in establishing basic quantitative and statistical skills for the study of accounting and finance.
SKILLS FOR THE PROFESSIONAL ACCOUNTANT (ACFI115)
Credits: 15 / Semester: semester 1
The module provides students with an understanding of the key skills required of the professional accountant in the current business environment, and the opportunity to acquire, develop and apply those skills.
Optional modules
INFORMATION SYSTEMS FOR ACCOUNTANTS (ACFI116)
Credits: 15 / Semester: semester 2
ACFI116 deals with two ways in which accountants use technology in their work. First we look at computerising the processes of financial accounting, using software to record the transactions and produce the financial statements of a case study business. The software used is Sage, the market-leading accounting software for SMEs (Small and Medium Enterprises) in the UK. Second, we use Microsoft Excel to construct financial models of companies, models which can then be used for financial analysis and decision-making. Aspects of spreadsheet best practice, dealing with modelling complexity, and relevant Excel tips and shortcuts are covered. Successful students will possess an understanding of how to process all the typical transactions and adjustments of an SME using typical accounting software as well as a set of tools and techniques for modelling and forecasting the financials of a company. Such knowledge will reinforce their understanding of financial accounting, as well as constituting invaluable practical skills that could be applied in future part-time, placement or graduate employment. The module is delivered by means of an initial lecture, practical workshops in computer labs, as well as videos and webinars of relevant examples and material. Assessment is via two assignments: one using Sage and the other using Excel to construct a financial model.
INTRODUCTION TO THE GRADUATE RECRUITMENT PROCESS (ULMS170)
Credits: 15 / Semester: semester 2
This module aims to introduce students to the graduate recruitment process by providing them with the skills required to secure a work placement or summer internship. It also provides the opportunity to acquire, develop and apply these skills.
Course options
Studying with us means you can tailor your degree to suit you. Here's what is available on this course.
- Global opportunities Choose from an exciting range of study placements at partner universities worldwide.
- Year in industry Add an optional year-long industry placement to your course.
- Language study Combine this course, take language modules or short courses.
- Study as part of XJTLU 2+2 This course is available to study as part of the XJTLU 2+2 programme.
Your experience
Day-to-day teaching will take place in the University of Liverpool Management School; a world leading centre for management and leadership education and research and is one of an elite group of institutions worldwide to hold the gold standard ‘triple-crown’ accreditation. At the Management School, students have access to careers education, opportunities to work as well as excellent library and IT facilities, just one minute’s walk away.
Explore where you'll study
Virtual tour
Supporting your learning
From arrival to alumni, we’re with you all the way:
- Careers and employability support, including help with career planning, understanding the job market and strengthening your networking skills
- A dedicated student services team can help you get assistance with your studies, help with health and wellbeing, and access to financial advice
- Confidential counselling and support to help students with personal problems affecting their studies and general wellbeing
- Support for students with differing needs from the Disability advice and guidance team. They can identify and recommend appropriate support provisions for you.
What students say...
My student experience has always been about self-discovery. I am a completely different person now than I was when I first started. I’ve enjoyed meeting new people from diverse backgrounds, embracing fresh perspectives and challenging myself to grow both personally and academically.
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Careers and employability
This degree will provide you with the skills applicable to many financial professions and a range of different sectors. Graduates from the University of Liverpool Management School often go on to undertake postgraduate programmes within our school.
Typical roles our graduates have gone on to include:
- trainee accountants
- marketing analyst
- financial and business development consultant
- accounting technicians
- chartered accountants
- internal/external auditors
You will be encouraged to undertake a Year in Industry as part of the four-year sandwich degree programme.
You can also explore taught postgraduate opportunities in our management school including:
- MSc Economics;
- MSc Accounting and Finance;
- MSc Project Management.
Fees and funding
Your tuition fee covers almost everything, but you may have additional study costs to consider, such as books, specialist equipment or field trips.
Tuition fees
UK fees (applies to Channel Islands, Isle of Man and Republic of Ireland) | |
---|---|
Full-time place, per year | £9,250 |
Year in industry fee | £1,850 |
Year abroad fee | £1,385 |
International fees | |
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Full-time place, per year | £23,200 |
Year in industry fee | £1,850 |
Year abroad fee | £11,600 |
Tuition fees cover the cost of your teaching and assessment, operating facilities such as libraries, IT equipment, and access to academic and personal support. Learn more about paying for your studies..
Additional costs
All students have the opportunity to spend a semester studying overseas during their second year, subject to your year one performance. If you elect to study abroad you will need to cover associated travel and living costs. University travel bursaries and subsistence grants are available.
Find out more about the additional study costs that may apply to this course.
Scholarships and bursaries
We offer a range of scholarships and bursaries to provide tuition fee discounts and help with living expenses while at university.
Check out our Liverpool Bursary, worth up to £2,000 per year for eligible UK students. Or for international students, our Undergraduate Global Advancement Scholarship offers a tuition fee discount of up to £5,000 for eligible international students starting an undergraduate degree from September 2024.
Discover our full range of undergraduate scholarships and bursaries
Entry requirements
The qualifications and exam results you'll need to apply for this course.
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Your qualification | Requirements About our typical entry requirements |
---|---|
A levels | AAB Narrowly missed the entry requirements on results day? You may automatically qualify for reduced entry requirements through our contextual offers scheme. |
T levels | Accounting considered. Applicants should contact us by completing the enquiry form on our website to discuss specific requirements in the core components and the occupational specialism. |
GCSE | GCSE Mathematics at grade 5/C and GCSE English at grade 4/C required. Applicants with equivalent qualifications and applicants who do not meet the GCSE English requirements will be considered on an individual basis according to their circ*mstances. |
Subject requirements | Some Level 3 qualifications are only acceptable alongside 2 A levels, please contact us for details. |
BTEC Level 3 National Extended Diploma | BTEC Diploma at D*D* plus one A level at a minimum grade of B. Or BTEC Extended Diploma at D*D*D BTEC qualifications must be in a Business related subject:
|
International Baccalaureate | 35 points with no score less than 4 – International Baccalaureate Mathematical Studies is not accepted for any Management School programme in lieu of GCSE Mathematics, or Higher Level Mathematics where this is a requirement |
Irish Leaving Certificate | H1, H1, H2, H2, H2, H3 |
Scottish Higher/Advanced Higher | Scottish Advanced Highers accepted at AAB |
Welsh Baccalaureate Advanced | Accepted at grade A or B alongside two A Levels only. |
Access | 45 credits at Distinction in graded level 3 units in a relevant Diploma. |
International qualifications | Many countries have a different education system to that of the UK, meaning your qualifications may not meet our direct entry requirements. Although there is no direct Foundation Certificate route to this course, completing a Foundation Certificate, such as that offered by theUniversity of Liverpool International College, can guarantee you a place on a number of similar courses which may interest you. |
English language requirements
You'll need to demonstrate competence in the use of English language, unless you’re from a majority English speaking country.
We accept a variety of international language tests and country-specific qualifications.
International applicants who do not meet the minimum required standard of English language can complete one of our Pre-Sessional English courses to achieve the required level.
English language qualification | Requirements |
---|---|
IELTS | 6.5 overall, with no component below 5.5 |
TOEFL iBT | 88 overall, with minimum scores of listening 17, writing 17, reading 17 and speaking 19 |
Duolingo English Test | 120 overall, with no component below 95 |
Pearson PTE Academic | 61 overall, with no component below 59 |
LanguageCert Academic | 70 overall, with no skill below 60 |
Cambridge IGCSE First Language English 0500 | Grade C overall, with a minimum of grade 2 in speaking and listening. Speaking and listening must be separately endorsed on the certificate. |
Cambridge IGCSE First Language English 0990 | Grade 4 overall, with Merit in speaking and listening |
Cambridge IGCSE Second Language English 0510/0511 | 0510: Grade B overall, with a minimum of grade 2 in speaking. Speaking must be separately endorsed on the certificate. 0511: Grade B overall. |
Cambridge IGCSE Second Language English 0993/0991 | 0993: Grade 6 overall, with a minimum of grade 2 in speaking. Speaking must be separately endorsed on the certificate. 0991: Grade 6 overall. |
International Baccalaureate | Grade 5 at Standard Level or grade 4 at Higher Level |
Cambridge ESOL Level 2/3 Advanced | 176 overall, with no paper below 162 |
PRE-SESSIONAL ENGLISH
Do you need to complete a Pre-Sessional English course to meet the English language requirements for this course?
The length of Pre-Sessional English course you’ll need to take depends on your current level of English language ability.
Find out the length of Pre-Sessional English course you may require for this degree.
Alternative entry requirements
- If your qualification isn't listed here, or you're taking a combination of qualifications, contact us for advice
- If you are returning to learning, have had a disrupted education or are switching career pathways, the one-year Go Higher diploma qualifies you to apply for University of Liverpool arts, humanities and social sciences programmes
- Applications from mature students are welcome.
Contact us
Have a question about this course or studying with us? Our dedicated enquiries team can help.
- Chat with us
- Phone: +44 (0) 151 794 5927
- Send us a message
Last updated 21 March 2024 / /Programme terms and conditions