Financial and Management Accounting
Accounting and Finance
Salford Business School
In a nutshell
The Accounting and Finance degree at Salford Business School helps you develop the essential skills and knowledge for a high level career in accountancy, finance, banking and insurance as well as general management positions. You will study at our University of Salford campus close to Manchester city centre.
Guaranteed offer 2021. We know this could be a stressful year for applicants and want to support you to reach your goal.
All applicants to a Business, Law or Accounting undergraduate programme starting September 2021 will be given a guaranteed offer of a place and we'll support you to get the grades you need. Your offer will set out the tariff you need to achieve in order to join your chosen course next September. Find out more.
With a curriculum that is career-focused and industry-informed, you will build the practical skills that employers look for. This is a challenging course designed to provide you with a thorough understanding of accounting and finance within the wider context of business and management. You will also look ahead to the technologies – such as automation and artificial intelligence – that will affect the work of accountants in the future.
The University programme is accredited by the major industry bodies so you know that what you learn is aligned with industry standards. You can start your path towards ACCA qualifications and get exemptions from some professional exams including exemptions from 9 ACCA exams and 8 CIMA exemptions.
Our academic and professional services teams are here to support you throughout your degree. In 2019, 100% of students asked agreed they have been able to contact staff when they needed to (University of Salford analysis of unpublished NSS 2019 data).
This programme is also delivered in Bahrain by our partner, British University of Bahrain; visit their website for find more details.
All Set? Apply Now
- Learn the essentials to get you started on your accounting and finance career
- Gain a solid business education so you understand how accounting and finance fits in the wider context
- Understand the changes that technology is bringing to the sector and develop your skills with accounting-specific software applications
- Develop the practical skills employers are looking for
- Benefit from 8 CIMA exemptions and CIMA student membership (your registration fee is paid by the Business School)
- Start your path towards ACCA qualification, be eligible to join the ACCA Accelerate programme and gain exemptions from 9 ACCA exams
This is for you if...
You love numbers
You want a paid work placement as part of your degree
You are looking for a degree accredited by the major industry organisations
All about the course
The modules delivered on the Accounting and Finance syllabus are designed around the current needs of employers. You’ll have the opportunity to join ACCA Accelerate and become a student member of CIMA. On successful completion of the course, you will gain exemptions from some of their professional exams, helping you to leap ahead in your journey to becoming a chartered, certified finance professional. With the opportunity for all students to complete a paid work placement between their second and third years, you will enter the world of work with an in-depth knowledge of the industry and of key business concepts.
In your first year, you will build the foundation of financial knowledge that will be developed upon throughout the remainder of the course. You will also develop other skills that are useful in the fast-paced world of finance and beyond.
With optional modules that allow you to specialise, Sage training and professional mentoring, this programme meets the needs of both employers seeking high-calibre candidates and graduates aspiring to rewarding careers.
The Professional Development module in the second year helps you to develop the skills you need – presentation skills, networking, interview techniques – to move easily into successful employment.
We strongly encourage all our students to take up the opportunity of an industry placement year between the second and third year of study. You can practise the skills you have already learned, develop your professional network and students who have done work experience tend to get better final year results. During this year, you will not pay University fees and you will be paid for your work.
Through the Study Abroad programme, you could choose to spend your second year studying on an international exchange with one of our global partner institutions in Europe, the US or the rest of the world.
As an Accounting and Finance student at Salford Business School, you’ll have the opportunity to join ACCA Accelerate and leap ahead in your journey to becoming a chartered, certified finance professional.
This module gives you a theoretical and practical introduction to financial accounting and management accounting. Upon completion, you will have an understanding of basic financial and management accounting methods, financial statements and the major problems associated with interpreting accounting information using International Accounting Standards.
Business and the Accountant
This module introduces you to the key concepts of modern economics, including how markets function as the foundation of contemporary economies.
Principles of Economics
This module introduces you to the key concepts of modern economics, including how markets function as the foundation of contemporary economies
Accounting Information Systems
In the Accounting Information Systems module, you’ll develop practical skills, and an understanding of the importance of IT in accounting through the use of software like Sage and Excel. On completion, you’ll have the technical knowledge to operate Sage for a range of business transaction applications.
Digital and Business Skills
Digital and Business Skills offers an introduction to fundamental skills you need for high level careers in a range of organisations. Communications, presentation and professional profile tools will be used to develop your knowledge and employability.
Data Analysis for Business
In this module you will be introduced to a variety of data analysis methods, which will be practiced on real world data sets. Regular formative assessment will be set for practice, with timely feedback given to aid learning and personal development.
You will have an opportunity to formulate your own research questions before analysing data to draw reasonable conclusions. The module will predominantly utilise real data and include a mixture of computer-based questions, calculations, interpretation and drawing conclusions.
In semester one, you will form teams with other students to come together and answer a live client brief with regular review points. In semester two, you will enhance your portfolio by creating more team-based and individual work.
Legal Aspects of Business
This module introduces you to the operation of global legal systems and the areas of law that underpin the practice of effective business management. You will develop a working knowledge of law relating to contracts and their effective negotiation in different business environments.
Regulatory and Economic Environment
Through this module, you’ll gain an awareness of current developments in financial reporting and practice. You will explore the regulatory environment for international financial reporting and corporate governance and investigate the workings and regulation of international markets.
Financial Planning and Software Applications
This module will strengthen your understanding of management accounting information, tools and techniques. You will learn about the significance of internal business functions and develop practical skills using accounting-specific ICT packages such as Xero, an e-learning course available to Salford students via our partnership with ACCA. You will discuss the changes that automation and artificial intelligence are bringing to the role of the accountant and the benefits that software applications offer.
Financial and Management Information Systems
This module introduces present-day costing techniques and their function in manufacturing and business. You will also explore the use of management accounting information to help decision making and performance measurement.
Financial Accounting and Reporting
The Financial Accounting and Reporting module will help you develop a critical understanding of accounting concepts and conventions, how they interact, and their relationship to the accounting policies selected by companies.
Optional year in industry
Professional Experience Year
All of our BSc students can apply for a one year professional placement, which takes place between your second and last years of study.
This is an excellent opportunity to take advantage of and over the last five years, 90% of Salford Business School undergraduates taking a one year placement secured a 2:1 or 1st class Honours degree.
We will help you find out about vacancies and make the right connections with high profile employers through regular events and presentations.
Here is just a small selection of the companies our students have enjoyed placements with so far: NatWest, Barclays and the Cooperative Bank; BP, Esso and Shell; IBM, Hewlett Packard and Compaq; Ford, Vauxhall, Jaguar and Nissan; Marks & Spencer, Selfridges and Sainsbury’s; Eli Lilly, Glaxo and ICI; Fujitsu, Marriott and Virgin.
Advanced Management Accounting
On completion of Advanced Management Accounting, you will be able to understand, apply and evaluate management accounting techniques relating to planning, control, decision-making, performance management and sustainability. You will develop an understanding of the theoretical and ethical dimensions of management accounting and their relationship with real-world practice.
Advanced Financial Reporting
In this module, you will develop your skills in the preparation of financial statements, improve your understanding of the economics and politics behind accounting standards and advance your ability to analyse and interpret financial statements.
In Business Finance, concepts such as raising capital, capital markets and the capital structure of firms will be explored. You will evaluate the processes of mergers and takeovers and analyse the risks in international finance.
The Professional Accountant
You will evaluate the responsibilities of accountants in relation to ethics, sustainability, innovation, internal control, governance, compliance and risk management across a range of international accounting environments.
This module evaluates the UK taxation system and the global environment. You will review core subjects including the taxation of sole traders, partnerships and limited companies.
Investment Management introduces you to the theoretical framework for modern investment and portfolio management. This module helps you develop the statistical skills necessary to quantify risks associated with portfolio management and empirically test the validity of models that rely on risk-reward relationships.
This module gives you an introduction to the role of a bank and banking services in developed and emerging market economies. On completion of the module, you’ll be able to evaluate the regulatory environment of banks, understand developments in banking financial innovation and appreciate the risk of bank failure and their role in financial crises.
Audit and Assurance
Through this module, you will consider and evaluate the audit processes and develop the technical knowledge and skills necessary to perform the responsibilities of an auditor within the framework of relevant regulatory environments.
Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.
What will I be doing?
Our teaching is industry-led, inspired by contemporary practice and developed in partnership with business leaders. Our academics are experts in their field and work closely with industry to ensure that our courses reflect the needs of business and provides you with that extra edge when it comes to securing a job.
Teaching is delivered through a combination of lectures, seminars and tutorials using a wide range of learning activities. You will experience small group tutorials during your first and second year module studies. This ensures you will be highly skilled in time for your placements, year abroad experience and final year studies.
Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.
Salford Business School
Salford Business School aims to be the most business-informed, industry-relevant business school in the UK. Industry shapes everything we do, from informing our students’ learning to providing work placements, driving our research and influencing our academic staff.
We want you to gain the best academic and personal experience possible. As a student here, you’ll have access to a range of experiences and opportunities, including internships and work placements in the UK or internationally so you graduate with much more than a degree.
Salford Business School is located at the heart of the University’s Peel Park campus and just minutes from Manchester city centre. Teaching facilities include Lady Hale and Chapman buildings, which offer stylish modern spaces with lecture theatres equipped with the very latest technology and large screen displays. A dedicated Employability team will help you with work placements and access to work skills. Throughout campus, there is a choice of individual study areas, communal learning and breakout spaces, plus a selection of food outlets.
This programme is accredited by the Association of Certified Chartered Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Chartered Institute of Public Finance Accountants (CIPFA) and the Institute of Chartered Accountants in England and Wales (ICAEW).
Our relationships with these professional accounting bodies ensure the modules you study are closely aligned with current best practice. These partnerships mean that you benefit from exemptions from professional accountancy exams (on successful completion you will have 8 exemptions from CIMA exams and 9 exemptions from ACCA exams) as well as the opportunity to join the ACCA Accelerate programme and become a student member of CIMA, taking you closer to achieving your professional goals.
We want you to enjoy your time studying here, but we understand that there may be times you need a little extra support to help you. The Business School student progression team is here to help you progress through your courses as smoothly as possible.
University-wide, askUS is at the core of our student support service, offering information and advice on matters such as finance, wellbeing and counselling, accommodation and more. If you have any worries, concerns, or need advice on a particular topic, visit askUS on campus.
Find out more about Student Support Services at Salford.
If you’re planning on commuting, both our MediaCityUK and Peel Park campuses are perfectly placed. Whether by bus, rail, bike or car, we’re easily accessed from all over Greater Manchester, Lancashire and beyond.
What about after uni?
Accounting and Finance at Salford Business School helps you develop the essential skills and knowledge for a high level career in accountancy, finance, banking and insurance as well as general management positions.
With a curriculum that is career-focused and industry-informed, this is a challenging programme designed to provide you with a thorough understanding of accounting and finance within the wider context of business and management. The industry accreditations give you exemptions in a number of professional exams so you are well on your way to a career after you graduate.
Henry Romanenko put his business and finance skills to the test during his degree by launching his own luxury jewellery brand. Find out more at our Made in Salford Blog.
Our course team maintains excellent relations with local and national accounting and finance organisations, commentators and employers.
Student prizes are offered by accountancy firms and multinational companies including Rolls-Royce. Past speakers have included representatives from Hurst Accountants, the Chartered Institute of Management Accountants and ACCA.
We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.
The curriculum across our undergraduate courses balances academic teaching and professional experience, allowing you to apply theory in practice in a way that has been proven to produce highly employable, articulate business professionals who have forged the contacts that will help develop their future careers.
What you need to know
This course offers excellent scope for any student wanting to start a career in accountancy or finance. Knowledge and expertise in these areas are highly sought after by employers across a wide variety of sectors. This course will appeal to a range of applicants and there is no need to have studied these subjects before to be successful.
ENGLISH LANGUAGE REQUIREMENTS
Applicants will be required to show a proficiency in English. An IELTS score of 6.0, with no element below 5.5, is proof of this.
Please note: The entry criteria below are related to entry onto this course in the 2021/22 academic year.
English Language and Maths at grade C/level 4 or above (or equivalent).
You must fulfil our GCSE entry requirements as well as one of the requirements listed below.
UCAS tariff points
112 points BSc
120 points With Professional Experience
BBC with a minimum of two A2 passes.
With professional experience year: BBB with a minimum of two A2 passes
BTEC National Diploma
DMM for the three year programme
DDM with Professional Experience Year
Access to HE
112 Points – Pass with a minimum of 45 credits at Level 3 and 15 at Level 2
112 points from a minimum of two Advanced Highers
Irish Leaving Certificate
112 points from a minimum of two Higher Level Subjects
Pass Diploma with 60% or above
Salford Alternative Entry Scheme (SAES)
We welcome applications from students who may not meet the stated entry criteria but who can demonstrate their ability to pursue the course successfully. Once we have received your application we will assess it and recommend it for SAES if you are an eligible candidate.
There are two different routes through the Salford Alternative Entry Scheme and applicants will be directed to the one appropriate for their course. Assessment will either be through a review of prior learning or through a formal test.
For entry in the 20/21 academic year, EU students will be charged the Home rate in the fees table below. From September 2021 onwards, EU students will be charged the International fee shown in the table.
|Type of study||Year||Fees|
|Full-time home||2020/21||£9,250per year|
|Full-time international||2020/21||£14,100per year|
|Full-time home||2021/22||£9,250per year|
|Full-time international||2021/22||£14400per year|
You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.
Scholarships for international students
If you are a high-achieving international student, you may be eligible for one of our scholarships.
We have a range of scholarships available for students applying for courses in 2020-2021 and 2021-2022. Our Global Gold Excellence Scholarship is worth £3,500 and our Global Silver Excellence Scholarship is worth £3,000 - both are available for students studying in our 2021/22 intakes.
We also offer the Salford International Excellence Scholarship which offers up to £5,000 discount on tuition fees. As this is a prestigious award we have a limited number of these scholarships available.
See the full range of our International Scholarships.
All set? Let's apply
Course ID NN34
Interested in starting university in September 2021? Book your place on our next Open Day.