Skip to main content

Accounting and Finance

BSc (Hons)

School - Salford Business School

Subject area - International Finance, Accounting and Economics

UCAS Code: NN34, NN3K with professional experience, NN341 with IFY

Start Dates(s): September

Duration:

Fees:

UK - £9,250 per year

International - £13,320 per year

In Brief:

  • Placed 1st for student satisfaction by The Complete University Guide 2017
  • Excellent career potential with a course accredited by the Chartered Institute of Public Finance Accountants, the Institute of Chartered Accountants in England and Wales, the Association of Certified Chartered Accountants and the Chartered Institute of Management Accountants
  • Unique connections and a paid year-long industrial placement opportunities with commercial organisations such as Ernst & Young and the NHS (100%  of Accounting & Finance students say that their placements were valuable in helping their learning - source: NSS 2017)
  • Work/industrial placement opportunity
  • International students can apply

Course Summary

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, Accounting and Finance is a challenging programme designed to provide you with a thorough understanding of accounting and finance within the wider context of business and management.

Our relationships with a number of professional accounting bodies ensure the modules you study will always be closely aligned with current best practice. Our partnerships mean that you benefit from exemptions from professional accountancy bodies as well as the opportunity to join the ACCA Accelerate programme.

Accounting and Finance at Salford Business School was placed 1st for student satisfaction by The Complete University Guide 2017.  

The Professional Development module in the second year helps you to develop the skills you need – presentation skills, networking, interview techniques – to transition 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.

If it’s your ambition to enter the world of accounting and finance, then this is the programme for you.

This degree is also offered with a Foundation Year, visit www.salford.ac.uk/ug-courses/business-foundation-year for details.

Read about Ahmed's experiences on the programme in his blog post

Nothing really compares to your first year, it certainly didn’t for me. It is literally a once in a life-time experience, everything is new and exciting. During my first year I became a student representative with the Students’ Union and as a result I was able to meet a lot of students and academics, many of who I still see today.

I got my head down, and was able to do pretty well in my modules. I would recommend getting involved in anything you can! If you have a hobby there is probably someone else who will have the same hobby or interest. But don’t lose sight of what you’re at university for.

Ahmed Rafiq, BSc Accounting & Finance
https://vimeo.com/222508697

Awards and Accreditation

Course Details

Like all programmes at Salford Business School, the modules delivered on the Accounting and Finance syllabus are designed around the current needs of employers. 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.  

The foundation of knowledge you build in your first year of study will be developed upon throughout the remainder of the course. With optional modules that allow you to specialise, Sage training, professional mentoring and the use of facilities such as our Bloomberg suite, Accounting and Finance at Salford Business School meets the needs of both employers seeking high-calibre candidates and graduates aspiring to rewarding careers.

Accounting and Finance students develop skills that are useful in the fast-paced world of finance and beyond.  The programme prepares graduates for careers as chartered accountants, business advisers and stockbrokers.

Year 1            

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.            
This module introduces you to the key concepts of modern economics, including how markets function as the foundation of contemporary economies.      
You will learn about the important contribution of Human Resource Management policy and practice to employee and organisational success in the UK and internationally.            
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 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 provides you with a sound grasp of the fundamental concepts required to use and interpret quantitative methods used in the analysis of business data. The concepts of mathematical and statistical modelling in business, finance and economics will be developed throughout the        module,        giving        you        the knowledge to move onto more advanced quantitative analysis.        

Year 2            

This module will enable you to plan and carry out appropriate professional development activities to increase your employability and performance. These include self-presentation, professional networking, project planning and implementation, team working, influencing and multimedia communication. You will gain all the necessary experience required to take advantage of global employment opportunities.    

This innovative module has been nominated for the Course and Curriculum Design award in the 2018 Guardian University Awards.  One participant commented “It was thanks to this module that I gained a much better understanding of what employers are looking for and where I stand in comparison to that from the marks and feedback received… This proves to me I do have the experience and competencies sought after by employers. Realising this has really boosted my confidence.”
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.      
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.      
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.            
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.      
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.         gain all the necessary experience        required        to        take        advantage of global employment opportunities.            

Optional 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.                        

Year 3            

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.      
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.        
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.      
OPTIONAL MODULES
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.      
Through the Audit and Assurance 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.

Entry Requirements

Qualification Entry requirements
GCSE
You must fulfil our GCSE entry requirements as well as one of the requirements listed below.
Maths and English at grade C or grade 4
UCAS tariff points 112-120 points BSc
120-128 points With Professional Experience
GCE A level BCC-BBC with a minimum of two A2 passes. With professional experience year: BBC-BBB with a minimum of two A2 passes
BTEC National Diploma DMM
Scottish Highers 104-112 points BSc
112-120 points With Professional Experience
Irish Leaving Certificate 104-112 points BSc
112-120 points With Professional Experience
International Baccalaureate Indicatively 30 points for International Baccalaureate Diploma (31 points with experience year)

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.

English Language Requirements

For admission to programmes of study at the University an applicant for whom English is not a first language must possess a current qualification deemed acceptable by the University as evidence of proficiency in the English Language. For entry to level 4, 5, 6 such a qualification must equate to a minimum average score of 6 or above (and for each component 5.5 or above) from the Cambridge/British Council English Language Testing Service (IELTS) or alternative examinations as recognised by the University.

Applicant profile

This course offers excellent scope for any student wanting to learn how accounting and finance play a vital role in business. Knowledge, expertise and the ability to discuss and contribute to solutions around these issues are highly sought after skills 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.

Each application will be considered carefully and judged on its own merits.

Equivalent qualifications will also be considered please contact admissions for further information.

Fees and Funding

Fees

Fees 2018-19

Type of Study Fee
Full-time £9,250 per year
Part-time Your annual fee will be calculated pro rata to the full-time fee according to the number of credits you are studying.
Full-time International £13,320 per year

Additional costs

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Teaching

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.

Assessment

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.

Employability

You will gain valuable new skills which prepare you for work, graduate entry into management training programmes, or further study.

Our Accounting and Finance graduates have gained employment with leading companies including: 

  • Ernst & Young
  • PricewaterhouseCoopers (PwC)
  • Dixons Group plc
  • American Express
  • Office of the Legal Services Ombudsman
  • KPMG
  • Premier Travel Inn
  • BUPA
  • DTS Logistics
  • Greater Manchester Police
  • The NHS

Career Prospects

Accounting and Finance graduates go on to careers in accounting, banking and finance, financial planning, insurance, investment, pensions and tax. Ernst & Young, PricewaterhouseCoopers (PwC), KPMG and Deloitte are just a few of the companies our graduates have joined.

With a career-focused curriculum, the opportunity to take part in a year-long work placement and support from our dedicated Employability Hub, industry is at our core. Embarking on a placement year is a fantastic way to apply your knowledge and enhance your CV. Furthermore, both CIMA and ACCA recognise a professional experience year as one of the three required years of postgraduate experience.

Alumni Profile

Peter Zhu, Risk Consultant at PWC, UK, BSc (Hons) Accounting and Finance student, says:

"I decided to study at Salford Business School as I was aware of the school’s reputation for providing effective support for learners.
I feel that the business school thoroughly supported me throughout my study. I found that everyone, from staff to students were so friendly and approachable. In addition to providing great study support the university also provided many opportunities for personal development, such as workshops, career advice and volunteering for projects.

I have gained many skills through studying at Salford Business School, but I would probably say that the most useful one would be my leadership skills, adaptability skills and project management skills. In recognition of my voluntary commitments I was awarded the Gold Salford Student life award which aided in improving my transferrable skills.

Studying at Salford Business School provided me with a good platform on which I was able to push myself to become the person I am today and to become more employable. The jobs market is very competitive and the Business school understands this and encourages us to take part in activities beyond studies."

I decided to study Accounting and Finance at Salford Business School due to the reputation of the course and more specifically the exemptions available.  In addition the opportunity of a placement was also an attractive incentive.

Rebecca Sanderson, 2014/15, Finance Analyst and Investment Project Analyst with Vauxhall Motors

Links with Industry

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the  need industry-focussed education is equally relevant today.

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. 

Sundeep Singh

Finance Assistant, Central Manchester University Hospitals  

"I would certainly say that completing a year placement in industry has enhanced my professional and employability skills. Networking with colleagues provided me further opportunities once I had left and resulted in me securing a full time position within a few months after leaving my placement. The stress of looking for jobs was therefore relieved whilst sitting exams; giving me the opportunity to fully concentration on my revision and studies."

Lucy Watson

Deputy Finance Manager, NHS Foundation Trust  

"I am very supportive of the University of Salford Accounting course, within my immediate team we have alumni of the University and currently have a finance placement student. The skills and knowledge which they have brought to our team have been invaluable and I look forward to continuing our alliance with the programme"

Placement Opportunities

You can enhance your career options with a year-long work placement giving you the opportunity to apply the skills, knowledge and understanding you have gained in the first two years of the course.   Taking a placement between your second and final year helps to further develop your management skills and enhances your CV and employment prospects. A placement also provides a real context for the subjects studied on the course and helps in the preparation for your final year.  The year is recognised by both CIMA and ACCA as one of the three years of postgraduate experience required for formal certification

You will work with an employer which could be a local, national or international organisation.  Our students have worked in a wide variety of organisations; in 2016-17, these included Carillion and the NHS.  .  You will arrange your work placement with support from the School’s dedicated Employability Hub and from your industrial placements tutor both before and during your placement.  The placement year gives you an additional 60 credits towards your final results. 

During this year, you will not pay fees to the University and will earn a wage for the work that you do.

The industrial placement year is recognised by CIMA and ACCA as one of the three years of postgraduate experience required for formal certification.

There are different entry requirements and course codes for the Professional Experience Year option.

"[The work experience year] has flown by but the experience I have gained is invaluable. I have enjoyed the whole experience and I have learned a lot, which will definitely help me in my final year at university." Jenny Joseph, work placement with NHS

"My placement is at a small accountancy firm in Oldham. I have learned how accounting is applied practically in the working environment. My way of thinking has changed ever since, it changed the outlook on my approach to look at studies.  It has its ups and downs but I have obtained experience in accounting in real working environment which really matters at the end of the day, it was worth it. I have learned to use MS excel efficiently and to deal with HM Revenue & Customs for taxes."  Nisha Zaman, work placement with Morgan Menzies

Further Study

Want to find out more about Salford Business School?  Visit www.salford.ac.uk/business-school

Facilities

Salford Business School is located at the heart of the University’s Peel campus in the newly refurbished Lady Hale Building, and the Chapman Building, offering state-of-the-art facilities for the Business School’s student learning community and just minutes from Manchester city centre. Chapman is a stylish modern space with six lecture theatres equipped with the very latest technology and large screen displays, a series of communal learning and breakout spaces, plus a Fairtrade café with panoramic views across the campus.

Lady Hale is the home to all dedicated business school student support including the school office, an employability hub, a base for the Business School society, and several open study spaces.

In our Bloomberg trading suite in Maxwell building you can develop their trading experience, improve your analytical skills and practise financial decision-making using the latest global economic data.

All University of Salford students also have access to the MediaCityUK campus including its study facilities.  MediaCityUK is home to major BBC and ITV departments and over 80 businesses across the creative and digital sectors.  It is recognised as one of the most innovative developments in Britain and is a vibrant place in which to live, work, socialise and study.

Not the course you're looking for?

If this course isn't for you then please retry our course finder below.

Or

Visit our A-Z list of courses.

A-Z courses