BSc Accounting & Finance

The 2019/2020 academic year

The structure for this course depends on which modules you take throughout the three years, based on your chosen pathway. There are three pathways to choose from: the accounting and finance pathway, the accounting pathway or the finance pathway. 

Year One:

Terms one and two: Study 8 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 8 core modules with the option to further specialise on one of our pathways.

Term three: Revision and exams.

Year Three:

Terms one and two: You will study a year-long core module and choose 6 electives, of which 4 must be from an accounting or finance discipline. With the remaining two, you can either choose from a list of Business School subjects, take modules from other departments e.g. Economics, or study a language.

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.

Study Abroad

We also support student mobility through study abroad programmes and all students have the opportunity to apply for an intercalated year abroad at one of our partner universities.

Year 1

The structure for this course depends on which modules you take throughout the three years based on your chosen pathway.

Key: 
Accounting and Finance pathway – AF
Accounting pathway – A
Finance pathway - F

CORE: Foundations, Skills and Debates (AF, A, F)

Foundations, Skills and Debates is a pivotal module for all first year students which supports the transition from formal education to the business school environment. Engage with other students and develop essential WBS attributes that are not only fundamental for your time here, but sought after by top employers. You will work on creativity, presentation and teamwork skills as well as negotiation, complex problem solving and debate. This is a year-long module.

Introduction to Financial Accounting (AF, A, F)

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. Develop a broad awareness of the influence of elements of the UK system of taxation on business decisions and financial reporting practice.

Financial Management (AF, A, F)

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. You will critically reflect on the importance of ethics, the need for regulation and the impact of politics in financial services provision.

Foundations of Management Accounting (AF, A, F)

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. 

Business Law 1 (AF, A, F)

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.

Economics for Business (AF, A, F)

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.

Business Statistics (AF, A, F)

The ability to use and make sense of quantitative information is an essential skill for any student taking a business or management degree. Business statistics provides you with a basic knowledge of probability and statistical concepts, including the ability to be critical of reported quantitative information - skills that are essential for other modules and careers in business.

Teaching is through a flipped classroom approach, via online pre-recorded lectures and smaller group tutorials and workshops. There is an emphasis on solving real-world problems, using case material where appropriate, and mastering basic statistical tools. You will be encouraged to analyse data in a spreadsheet environment where possible.

The tutorials and workshops offer you the opportunity to work in groups to apply the concepts outlined in lectures and to see how the techniques are used in practice.

Management, Organisations and Society (AF, A)

Explore the historical emergence of large organisations, management and of the ‘organisational society. Be introduced to key social science concepts for understanding Management, Organisation and Society. Learn about topics such as: motivation, knowledge and learning, leadership and change, culture and identity. 

Business Analytics (F)

Business Analytics is used by companies committed to data-driven decision-making. It is the practice of methodical and intelligent exploration of an organisation’s data to gain insight and drive business strategy and operational decisions. 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.

Year 2

The structure for this course depends on which modules you take throughout the three years based on your chosen pathway.

Key: 
Accounting and Finance pathway – AF
Accounting pathway – A
Finance pathway - F

CORE: Entrepreneurial Mindset (AF, A ,F)

This module will facilitate students in developing an entrepreneurial mindset, attitude and skills through a combination of lectures, case study and creativity exercise sessions. Learn the practical steps needed to establish a new business venture and enable valuable creation.

Global Environment for Business (AF, A, F)

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.

Accounting in Context (AF, A)

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.

Economics of Strategy (F)

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.

Issues in Management Accounting (AF, A)

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 Econometrics (F)

Acquire a solid grounding in the principles and techniques of modern financial econometrics. Solve real-world problems using case-material and mastering statistical tools and gain a familiarity with the context of financial risk management.  

Financial Reporting 1 (AF, A, F)

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.

Financial Reporting 2 (AF, A, F)

Building on Financial Reporting 1, 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 1: Financial Markets (AF, A, F)

You will learn how to use quantitative tools for pricing stocks, bonds and derivatives, and for measuring risk and return. You will develop a sound understanding of the main theories and models for valuing financial market instruments, and will become aware of key empirical tests of asset valuation models and their implications.

Finance 2: Corporate Finance (AF, F)

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.

Business Law 2 (A)

Build upon your knowledge of contract law from Business Law 1, conduct independent research of set issues using a range of sources and work in teams to prepare and present reasoned arguments. Evaluate current law and reform proposals.

Year 3

The structure for this course depends on which modules you take throughout the three years based on your chosen pathway.

Key: 
Accounting and Finance pathway – AF
Accounting pathway – A
Finance pathway - F

Critical Issues in Management (AF, A, F)

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 can really shape your degree by choosing elective modules from either the Accounting and Finance pathway (AF), the Accounting pathway (A) or the Finance pathway (F).

Electives Modules x 2

In your final year you will choose two 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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