BSc Accounting and Finance

at Bangor University

Program structure
 

Year 1 Compulsory Modules: 

Discover Economics

The module will provide an overview of economics and economic systems and the key theoretical foundations of microeconomics and macroeconomics.

Principles of Management and Organisations

This module will provide an introduction to business, management and organisations. Organisations are key to the way in which we organise society, and a study of organisations is central to developing an understanding not only of business and management, but of many other aspects of our lives. The module explores the context of business, the organisation of work and nature of management.

Business Analytics 

This module will focus on manipulation of algebraic expressions, collection and presentation of data, producing descriptive statistics, measuring uncertainty using probability, estimating confidence intervals, hypothesis testing and investigating association and causality.

Principles of Financial Accounting

The module introduces book-keeping skills and techniques and also includes accounting concepts and conventions which guide corporate accounting practice.

Principles of Management Accounting 

The management accounting section of this module encompasses marginal analysis; full costing; marginal and costing profit statements; and cash budgets.

Year 2 Compulsory Modules: 

Corporate Finance 

This module will examine the concepts and principles underlying key financial decisions and provide an introduction to corporate finance. Topics will include: Present value and the opportunity cost of capital; Net present value and alternative methods of investment appraisal; Project analysis; Financial planning and analysing financial performance; Investment risk and return, and portfolio theory.

Law for Business

This module will introduce the legal system of England and Wales, providing a framework to study ‘What is Law’. It will provide an outline of the essential differences between common law and civil law systems. It will also introduce Employment Law, and the understanding of Contracts of Employment and elements of dismissal and Redundancy. 

Financial Reporting 

This module will provide advanced coverage of financial accounting and financial reporting, by examining the objectives and contents of selected key international accounting and financial reporting standards. The focus will be on the presentation of financial statements for publication, consolidated financial statements for groups of companies, equity accounting for associated companies, and tangible and intangible non-current and current assets. 

Management Accounting / Strategic Management Accounting 

These modules cover budgets and pricing for planning. Decision making; Standard costing and budgetary systems to help control the organisation and various aspects of performance measurement. These will provide the knowledge to apply advanced management accounting techniques in organisations.

Year 3 Compulsory Modules: 

Auditing 

This module will develop knowledge and understanding of the principles and practices of external and internal auditing in the context of both the UK and the international regulatory framework. It will focus on theoretical, regulatory, and ethical background to both internal and external auditing. Furthermore, ensuring an understanding of the risk assessment in the context of internal and external audit and determine material misstatements. 

Advanced Accounting Theory & Practice 

One semester of this module focuses on advanced accounting practice and the other semester of this module provides a discussion of the various theories of financial accounting and explores their relevance to the study, practice, and regulation of accounting. 

Advanced Corporate Finance 

This module examines the theory and practice of corporate investment and financial decisions. Topics include: capital structure, dividend policy, efficient capital markets, agency theory, mergers and restructuring, foreign exchange and interest rate risk. Particular emphasis will be placed on topical areas within corporate governance and investments.

Taxation

This module will critically analyse the place of taxation in the economy and the balance between equity and efficiency. It will also include analysing income tax and incentives to work and save; the role of capital taxation; the bases of taxation and investment incentives; reform of the tax system; and tax as a policy tool. 

Course content is for guidance purposes only and may be subject to change.

GCSE Maths at grade C/4 required if not demonstrated by the Level 3 qualification.

Offers are tariff based, 80 - 120 tariff points, from Level 3 qualifications* e.g.:

• A Levels

• BTEC National/Extended Diploma and Cambridge Technical Extended Diploma: MMP  - DDM

• International Baccalaureate Diploma

• Access: Pass

• City & Guilds Advanced Technical/Extended Diploma: considered on a case by case basis

• Welsh Baccalaureate is accepted

• T-levels: considered on a case-by-case basis. 

Home (UK) students

• The cost of a full-time undergraduate course is £9,000 per year

International Tuition Fee For Full Year

• £15,750

Career opportunities

This professionally-oriented degree is the first choice for anyone considering a wide variety of careers in accountancy and financial management. Our degree is recognised as rigorous and offering a solid foundation in transferable skills needed by all organisations. It offers exemptions from professional exams and the opportunity to fast-track your career after graduation. There is demand for professional accountants from across all sectors. You could work for one of the big four accountancy firms or choose to develop your career with a small to medium sized firm. Over time, you might want to set up your own professional practice. Public accounting firms offer a rewarding and exciting career across the UK and globally. Government departments and local authorities are all employing accountants, offering development opportunities and career progression. Many CEOs of publicly-listed companies started out with an accounting background.