BSc (Hons) Accounting and Finance with Foundation Year

Program Overview

This BSc (Hons) Accounting and Finance program at Liverpool John Moores University prepares students for a career in the field, offering professional accreditation from the top accountancy bodies in England and Wales. It combines theoretical coursework with practical skills development through coursework and a placement year. The program also offers optional study abroad and international placement opportunities, providing a well-rounded education for future accounting and finance professionals.

Program Outline

Degree Overview:

The BSc (Hons) Accounting and Finance with Foundation Year at Liverpool John Moores University offers students the chance to secure professional accreditation from the four main accountancy bodies in England and Wales. It provides a head start on the path to gaining a professional accountancy qualification, as it allows a number of exemptions from UK professional accountancy exams. The program also offers a year-long placement opportunity in industry in the UK or overseas. Students can also choose to spend one or two semesters in their second year at the LJMU partner college in Kuala Lumpur, Malaysia. The program is professionally accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), the Chartered Institute of Management Accountants (CIMA), the Chartered Institute of Public Finance and Accountancy (CIPFA), and the Association of Chartered Certified Accountants (ACCA).

Outline:

Level 3

• Core Modules:
• Developing Skills for Business (20 credits)
• Introduction to Accounts Preparation and Financial Analysis (20 credits)
• Introduction to Management Accounting (20 credits)
• Introduction to Financial Numeracy (20 credits)
• Data Analysis Techniques for Business (20 credits)
• Accounting and Finance Case Study (20 credits)

Level 4

• Core Modules:
• Introduction to Financial Accounting (20 credits)
• Business Mathematics & Statistics (20 credits)
• Introduction to Economics (20 credits)
• Academic & Professional Awareness (20 credits)
• Introduction to Financial Reporting & Corporate Governance (20 credits)
• Management & Cost Accounting (20 credits)

Level 5

• Core Modules:
• Financial Accounting (20 credits)
• Management Accounting for Decision Making (20 credits)
• Financial Management (20 credits)
• Data Analysis for Accounting and Finance (20 credits)
• Developing Employability (20 credits)
• Law for Accounting and Finance (20 credits)
• Optional Modules:
• Sandwich Year - Accounting and Finance (120 credits)
• Study Year Abroad - Accounting and Finance (120 credits)

Level 6

• Core Modules:
• Advanced Financial Accounting (20 credits)
• Strategic Management Accounting (20 credits)
• Corporate Finance (20 credits)
• Contemporary Issues in Accounting and Finance (20 credits)
• Optional Modules:
• Taxation (20 credits)
• Auditing & Assurance (20 credits)
• Personal Finance (20 credits)
• Financial Modelling and Valuation (20 credits)

Assessment:

Assessment methods vary depending on the modules chosen, but typically include a combination of exams and coursework. Assignments are designed to help students put financial theory into practice and demonstrate their practical skills to future employers. Marks and feedback are available within 15 working days of submission.

Teaching:

The program utilizes an active blended learning approach, combining face-to-face and online learning. Teaching is delivered through lectures, workshops, and seminars. Students are expected to complete independent study, group work, and participate in online activities and discussions. The program also includes a skills module at level 4 (Academic & Professional Awareness) and at level 5 (Developing Employability) to provide personal development, placement, and employment search support.

Careers:

A degree in Accounting and Finance opens up a wide range of potential careers in both the public and private sectors. Graduates typically secure graduate-level positions with leading employers in areas such as audit/assurance, tax, corporate finance, and business advice/consulting. Graduates have also found roles within retail and investment banks, financial services, finance companies, building societies, and more.

Other:

• The program includes a Foundation Year for students who do not have the qualifications to enter directly onto the Accounting and Finance honors degree program.
• The Accounting Clinic at LJMU's Liverpool Business School offers pro-bono services to registered UK charities.
• LJMU's Student Futures - Careers, Employability and Enterprise Service provides a wide range of opportunities and support to students, including careers advice, job boards, internships, and entrepreneurship resources.
• The program is based in the Redmonds Building on the Mount Pleasant Campus, which includes high-quality lecture theatres, seminar rooms, social spaces, a cafe, and a roof terrace.
• The program is located near the Aldham Robarts Library, which provides access to resources for students.

• Foundation first year: £5,760
• International full-time per year: £17,750
• Placement year: £1,850
• Placement year international: £3,830
• Second and subsequent years: £9,250