BSc Accounting & Finance

The 2018/2019 academic year

Year one:

Terms one and two: Study 10 core modules introducing you to the fundamentals of accounting, finance and business management.

Term three: Revision and exams.

Year Two:

Terms one and two: You will study a further nine core modules and have the option to select one elective module of your choice.

You can also choose to defer Economics of Strategy, Issues in Management Accounting, Financial Reporting 2 or Finance 2 to create space for additional electives.

Term three: Revision and exams

Year Three:

Terms one and two: you will choose eight elective modules, of which four must be from an accounting or finance discipline. You will also study one double weighted core module, Critical Issues in Management.

Term three: Revision and exams.

How will I be assessed?

Throughout the study programme you will be assessed by a mix of examinations, essays, reports, case-study analyses and group work

Work placement

Extend your degree by a year and carry out a work placement in your third year. We do not organise work placements, however our dedicated CareersPlus team will provide support in making your applications. If you are interested in a career in accountancy you could start your ICAEW ACA qualification through our Undergraduate Partnership Programme typically working for one of the Big-4 professional services firms.

Alternatively you could work for a company such as Goldman Sachs, RSM, Esso, Microsoft, JLR, Accenture, BNP, Paribas within finance or other departments.

Your year of work experience should improve your confidence, provide you with a more developed knowledge of business, and improve your personal skills ready to put into practice for your final year at Warwick.

Year 1

Business Law

Explore the importance of contract law in the world of business. Consider the ways in which legal systems work. Develop an understanding of the main sources of law and the procedures involved in creating law. Learn to analyse legal problems.

Introduction to Financial Accounting

Explore the basic concepts, theories and context that underpin and influence accounting and its development. Learn to record and summarise accounting transactions and events, to integrate and understand the impact of accounting adjustments into the accounting records, and prepare and present financial statements.

Economics for Business

Apply analytical techniques to real world problems, especially in the business context, gain an understanding of fundamental concepts in micro and macroeconomics; and develop a range of appropriate analytical skills, including descriptive, graphical and elementary mathematical methods.

Foundations of Organisational Behaviour

Explore the principles, theories and research underlying the academic discipline of organisational behaviour at four levels of analysis: individual, group, organisation and society. Develop a critical appreciation of the behavioural and social sciences as they relate to the study of behaviour in organisations, and to the practice of management.

CORE Practice

CORE (Creative, Organised, Reflective, Enterprising) Practice is an essential module for all Year 1 students. This modules aims to help support your transition into the business school environment, by developing your learning style, build your employability skills and encourage personal reflection. Develop your WBS graduate attributes in an open space, virtual and traditional lecture setting.

Foundations of Management Accounting

Develop an understanding of the sources and uses of accounting information within organisations. Explore the design of accounting control systems and decision-making techniques both for manufacturing and service organisations, and for profit or non-profit, public or private sector. 

Financial Management

This module introduces you to the key concepts of Financial Management and prepares you for more advanced study of Finance by encouraging you to develop a critical understanding of the main theories and models. This module will encourage you to reflect on, and engage in critical discussion of, what you are reading in the financial press and to make links with what you are learning in the classroom.

Quantitative Analysis for Management 1

Examine basic probability and statistical concepts, and explore realistic problems using case material and making use of Excel to analyse data sets. Apply the concepts and techniques to fully understand how they are used in practice.

Quantitative Analysis for Management 2

Extend your understanding of probability and statistical concepts and further develop your competence in the use of a variety of quantitative tools and techniques. Apply these tools and techniques to solve real-life problems using case study material.

Business Planning - Integrative Project

Try your hand as an entrepreneur in a group exercise. Gain an understanding of the problems and opportunities inherent in establishing a new business and learn how all the things you have learnt so far fit together. Reflect on the entrepreneurial process, team dynamics, and your own personal development.

Year 2

Accounting in Context

Understand some of the theoretical assumptions that underlie accounting regulation, practices and research. Critically examine the nature of accounting through discussing accounting theory and practice and understand the role played by accounting in the globalisation of certain management ideas and practices. Contextualise financial statements as part of the process of understanding an organisation's performance.

Financial Reporting 1

Providing you with an understanding of some of the major theories of accounting, the regulatory environment for financial reporting, the techniques underlying current reporting practice. It will also enable you to prepare, read, critically evaluate and interpret financial statements, assess profit performance and understand the information requirements of investors.

Finance 1: Financial Markets

Learn about equity, bond and derivatives markets, how they function, and their importance to both individual investors and corporate decision-makers. Understand how these markets determine the prices of stocks, bonds and derivatives. Define the different forms of market efficiency, and discuss the findings of empirical tests of the Efficient Markets Hypothesis.

Global Environment of Business

Understand the business responses of global firms to the features and influences of the business environment. Appreciate the importance and impact of political, economic, social and cultural factors. Read, analyse, and compare different theoretical perspectives on globalisation, convergence and varieties of capitalism, strategic management, and the role and influence of multinational corporations in both the developed world and in developing countries.

Issues in Management Accounting

The module builds on core concepts introduced in Year 1 and will further your understanding of how accounting is used within organisations for the planning, control and evaluation of activity with a special focus on the manager's role.  The module covers technical issues in cost management and performance measurement systems, and wider issues concerning the role of management accounting in shaping management structures and decisions in manufacturing and service contexts.

Financial Reporting 2

This module aims to develop your understanding of the theories of accounting, the regulatory environment for financial reporting, corporate governance, the structure of group accounts and models of asset valuation; and to develop your ability to prepare, read, critically evaluate and interpret published annual reports in the light of the information requirements of the various stakeholder groups in the business.

Finance 2: Corporate Finance

You will learn to critically assess the factors that determine the optimal investment, financing and pay out decisions of a firm. Compute the cost of capital of a firm under alternative assumptions. Use alternative methods for valuing firms to gain important insights into value drivers. Discuss the main motives for mergers and acquisitions. Identify the reasons why firms raise capital. Solve structured numerical problems and write informed critiques of important topics in Corporate Finance theory.

Global Integrative Project

Develop a critical understanding of major trends and issues in global business. Increase your understanding of how global firms analyse their business environment. Experience and develop an understanding of multi-disciplinary management. Using an international issue based assignment/project develop project management, decision making, team working, and business research skills.

Economics of Strategy

Understand fundamental concepts in micro and macroeconomics, as relevant for the study of strategic decisions of firms. Develop a range of appropriate analytical skills, including descriptive, graphical and elementary mathematical methods used in the economic analysis of strategy. Develop your capacity to apply analytical techniques to real world business problems and strategy choices.

Elective Module

In Year 2 you will choose one elective module from a range of subject areas such as: marketing, strategy, entrepreneurship, human resources, customer service management, industrial relations, law as well as accounting and finance. Alternatively, you can choose from modules offered through other University departments such as Economics or a language.

Year 3

Critical Issues in Management

This double module will present you with a range of contemporary business-related issues and problems in the management of modern organisations with a particular focus on situations which are relatively unstructured and where there is no "one right answer". You will work in syndicate groups to deliver presentations or critically discuss the presentations of other groups.

Accounting & Finance Electives x 4

In your final year you will choose four elective modules in the field of accounting and finance.

Electives Modules x 4

In your final year you will choose four elective modules from a range of subject areas such as: marketing, strategy, entrepreneurship, human resources, customer service management, industrial relations, law as well as accounting and finance. Alternatively you can choose from modules offered through other University departments such as Economics or a language.

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