Accounting and Financial Management

The BSc (Hons) Accounting and Financial Management programme at Lancaster University is a comprehensive undergraduate degree designed to equip students with a solid foundation in accounting principles, financial analysis, management skills, and business strategy. This programme combines theoretical knowledge with practical application, preparing graduates for a wide range of careers in accounting, finance, and business management. Throughout the course, students will explore core topics such as financial reporting, auditing, corporate finance, management accounting, and taxation, gaining a thorough understanding of how financial information is produced, analyzed, and used in decision-making processes.

The curriculum emphasizes the development of critical thinking, quantitative skills, and ethical awareness, ensuring students are well-prepared to meet the challenges of the modern financial environment. Students benefit from Lancaster University’s strong links with industry, providing opportunities for real-world learning through internships, case studies, and guest lectures. The programme also focuses on enhancing employability through skills development in areas such as communication, teamwork, problem-solving, and technological proficiency.

In addition to academic coursework, students have access to state-of-the-art facilities and resources, including specialized software used by professionals in the field. The programme offers a balanced mix of lectures, seminars, workshops, and independent study, fostering a collaborative and interactive learning environment. Students are encouraged to engage in research projects and participate in extracurricular activities that broaden their understanding of global financial markets.

Graduates of the BSc (Hons) Accounting and Financial Management programme are well-positioned to pursue careers in accounting firms, financial institutions, consultancy agencies, or to continue their education with postgraduate study. The programme’s accredited content also provides a pathway towards professional qualifications such as ACCA, CIMA, or ICAEW. With a focus on practical skills, academic rigor, and ethical standards, Lancaster University’s accounting and financial management degree offers an excellent foundation for a successful career in the finance industry.

Core

• Financial Markets
• Foundations of Finance
• Principles of Financial Reporting
• Introduction to Quantitative Methods
• Introduction to Finance
• Introduction to Accounting
• Introduction to Financial Markets
• Quantitative Methods for Finance

Optional

• Dissertation
• Advanced Corporate Finance
• Advanced Investment Management
• Financial Reporting for Complex Entities
• Derivatives Pricing
• Financial Statement Analysis
• Fixed Income Markets
• Financial Econometrics
• Advanced Management Accounting
• Behavioural Finance
• Risk Management in Commercial Banking
• Professional Ethics: Standards in Finance and Accounting Practice
• Financial Data Platforms

Entry requirements:  2:1 (UK Hons) degree or equivalent in Finance, Accounting, Economics or other business-related subject. Graduates in non-business areas with strong quantitative elements may also be considered.  It is recommended that your previous studies have covered the following modules: Maths, Finance, Accounting, Economics, Statistics, Quants, Calculus, Econometrics, Micro and Macro Economics, Physics, Linear Algebra.

We may consider non-standard applicants, please contact us for further information.

IELTS: Overall score of at least 7.0, with no individual element below 6.0

Funding for the Accounting and Financial Management program at Lancaster University typically includes a variety of options for prospective students. Domestic students may be eligible for government-backed loans and grants, such as the Student Loan Company (SLC) loans, which help cover tuition fees and living expenses. These loans are usually repaid after graduation once a certain income threshold is reached. International students are often required to demonstrate they can fully fund their studies through personal savings, family support, or external sponsorships, as UK government funding generally does not apply to them.

Lancaster University also offers scholarships and bursaries aimed at supporting students financially. These can include merit-based scholarships awarded for academic excellence, as well as need-based bursaries for students from lower-income backgrounds. The university’s financial aid office provides detailed information and application guidance for these awards, which can significantly reduce the overall cost of the program.

Additionally, students might explore external funding sources such as industry-sponsored scholarships, private sponsorships, or employer sponsorship programs. For students intending to work while studying, part-time employment opportunities on campus or in the local area can provide supplementary income, facilitating a more manageable financial situation throughout the course.

Some students may also consider personal loans from banks or financial institutions to cover tuition fees or living costs if other funding options are insufficient. It's advisable to carefully review the terms and interest rates of any borrowed funds to ensure manageable repayment plans post-graduation.

International students may also have the opportunity to apply for specific scholarships aimed at international applicants, which Lancaster University offers periodically. Moreover, there may be financing options available through external scholarship programs, governmental aid, or international organizations depending on the student’s country of origin.

Overall, the financing landscape for the Accounting and Financial Management program at Lancaster University is diverse, with many options tailored to the individual circumstances of each student. Prospective applicants should thoroughly explore university resources, consult with the financial aid office, and research external funding opportunities early in the application process to ensure they secure adequate funding for their studies.

This programme in Accounting and Financial Management at Lancaster University offers students a comprehensive education in the fundamental principles and practices of accounting, finance, and management. Designed to equip graduates with the skills necessary to succeed in dynamic financial environments, the course provides a blend of theoretical knowledge and practical application. Students will explore a wide range of topics, including financial accounting, management accounting, corporate finance, auditing, taxation, financial management, and strategic decision-making. The curriculum emphasizes the development of analytical skills, problem-solving abilities, and a keen understanding of regulatory frameworks that govern financial practices in various organizations.

Lancaster University’s approach to education combines rigorous academic content with real-world relevance. The programme includes opportunities for students to engage with industry professionals through guest lectures, workshops, and internships, enabling them to gain experiential learning and build professional networks. The course also emphasizes the importance of ethical considerations and responsible management in financial decision-making, preparing students to navigate complex ethical dilemmas in their future careers.

State-of-the-art facilities and resources are available to students, including access to advanced accounting software and financial data analysis tools. The programme is delivered through a mix of lectures, seminars, case studies, and group projects, fostering collaborative learning and critical thinking. Students are encouraged to undertake independent research, participate in competitions, and present their findings, which enhances their confidence and communication skills.

Lancaster University’s emphasis on employability ensures that graduates are well-prepared for careers in a range of sectors, including banking, investment, accounting firms, corporate finance departments, and public sector organizations. The programme also provides a solid foundation for those wishing to pursue professional accounting qualifications, such as ACA, ACCA, or CIMA. Additionally, students have the option to undertake a placement year, gaining valuable industry experience and insight into the workings of the financial sector.

Overall, the degree in Accounting and Financial Management from Lancaster University aims to produce graduates who are knowledgeable, adaptable, and ethically responsible, ready to contribute effectively to their organizations and society at large. The diverse skills acquired through this programme not only open pathways to various career opportunities but also lay the groundwork for lifelong learning and professional development in the ever-evolving field of finance.