Accounting and Finance

2017 entry

BSc (Hons) Accounting and Finance

Course fees

Tuition fee type Cost (per annum)
Full time home/EU tuition fee: £9,250 per annum*
Full time international tuition fee: £11,630 per annum
Full-time industrial placement year fee: £1007 per annum*

*Subject to yearly increases

Course type

BSc (Hons)

UCAS info

Points required: 112

UCAS code: N420

Institute code: L51

Study mode

Three years full time or four years with one year spent on industrial placement

About your course

The BSc (Hons) Accounting and Finance at Liverpool John Moores University offers you the chance to secure professional accreditation from the four main accountancy bodies in England and Wales.

  • Tutors trained at top firms such as Deloitte and Ernst and Young
  • Excellent business links with companies as diverse as IBM, Intel, Airbus, Morgan Stanley and Vauxhall
  • Option to take a year out in industry or complete the course in three years
  • Opportunities to secure exemptions from UK professional accountancy qualifications once you graduate
  • International Foundation Year course available offering direct progression onto this degree programme - visit LJMU's International Study Centre to find out more

I really enjoyed this degree, a challenging course that sets a first-rate foundation for life in the business world

Paula Sancto, Accounting and Finance graduate

The degree has proved to be an excellent starting point for my career. I graduated with a solid grounding in the subject that was reflected in my remaining professional exams. My average marks at the professional stage were the highest in the region.

Jon Farrelly, Accounting and Finance graduate

Work-related learning

Translating your academic studies into essential professional experience

You will have the option of taking a year out to complete a paid 48-week placement in industry in the UK or overseas.
Placements give you invaluable experience of what it’s really like to work in the finance sector as well as giving you a chance to put skills and knowledge you have learnt in the first two years into practice. Not only that, but the experience helps you develop personal skills, enhances your CV and gives you a year’s break from academic study.

The decision to undertake a placement is made early at Level 5 and Liverpool Business School’s Employability Support Unit will then help you find suitable vacancies, advise on the applications process and help you to arrange interviews. This support continues while you are on placement, and one of your tutors will visit you in your workplace twice during the year.

LJMU’s excellent business connections mean that our students have completed placements with companies and organisations as diverse as IBM, Intel, Airbus, Morgan Stanley, Vauxhall, Saab, Kellogg’s, the NHS, The Ministry of Defence and Pfizer.

Support and guidance

Dedicated personal tutor, plus study skills support

The Liverpool Business School is a supportive environment in which to study and the 'student-centred approach' of your tutors will ensure that you are given the support and guidance you need.

When you start you studies, you will be assigned a personal tutor. They will set up one-to-one tutorials with you to discuss a piece of coursework or to work with you on your personal development plan.

Course details

This BSc Accounting and Finance programme develops your practical skills, theoretical knowledge and management techniques to equip you for a career in accountancy or more general business areas.

It also gives you a head start on the path to gaining a professional accountancy qualification, as it allows a number of exemptions from UK professional accountancy exams.

One of the benefits of the course is that you will have the option of taking a year out to complete a paid placement in industry in the UK or overseas. However, if you decide that you would prefer not to take a whole year out from your studies, you will have other opportunities for work-related learning.

What you will study on this degree

Please see guidance below on core and option modules for further information on what you will study.

Level 4
  • Introduction to Financial Accounting
  • Business Mathematics and Statistics
  • Introduction to Economics
  • Academic and Professional Awareness
  • Introduction to Financial Reporting and Corporate Governance  
  • Management and Cost Accounting 
Level 5    
  • Financial Accounting
  • Management Accounting for Decision Making
  • Financial Management
  • Developing Employability
  • Data Analysis for Accounting
  • Law for Accountants 

Sandwich degree
  • Year-long placement
Level 6
  • Advanced Financial Accounting
  • Strategic Management Accounting
  • Corporate Finance
  • Management People and Organisations

The following options are typically offered:

  • Taxation
  • Auditing and Assurance
  • International Finance
  • Personal Finance

Further guidance on modules 

The information listed in the section entitled ‘What you will study’ is an overview of the academic content of the programme that will take the form of either core or option modules. Modules are designated as core or option in accordance with professional body requirements and internal Academic Framework review, so may be subject to change. Students will be required to undertake modules that the University designates as core and will have a choice of designated option modules. Additionally, option modules may be offered subject to meeting minimum student numbers.

Please see the programme specification document for further details on this course.

Programme specification document (PDF)

Teaching and learning

Excellent facilities and learning resources

Teaching is delivered through a combination of lectures, workshops and seminars and you can expect to have a minimum of 12 hours contact time during each teaching week. Plus you'll be expected to complete independent study and group work and participate in online activities and discussions using our virtual learning environment, Blackboard.

A ‘skills’ module at Level 4 (Academic, Professional and Managerial Awareness) and the Level 5 Personal Development modules provide a mechanism through which the necessary personal development, placement and employment search and support activities are provided. 

Your lecturers

Expert tuition and support

Your tutors are highly qualified - a number of them have trained with well-known firms such as Deloitte and Ernst and Young and they have spent many years working in industry. This means they have first-hand experience of relating academic theory to real practice in the workplace.

The team is also actively involved in internationally-recognised research and academic writing, contributing to journals and conferences all over the world.

This combination of blue-chip professional experience and commitment to keeping on top of the latest developments in accountancy and finance ensures that the course provides the ideal balance between academic learning and practical experience.

Your tutors take a proactive role in continually reviewing the Accounting and Finance programme. Working with the main professional bodies (ICAEW, CIMA, ACCA and CIPFA), tutors are continually looking to add value and currency to the programme, to aid employability prospects for students and to optimise accreditation possibilities. 

Assessment and feedback

Approximately 60% of your marks will be derived from exams and the rest from written assignments, IT-based work, group presentations, online trading simulations and multiple-choice tests.

Assignments are designed to help you put financial theory into practice and demonstrate to future employers that you have the practical skills required to work successfully in your chosen field after graduation.

Your marks and feedback will be available within 15 working days of submitting a piece of work. That’s because we believe that constructive feedback is vital in helping you identify your strengths as well as the areas where you may need to develop further.

Entry requirements

Please choose your qualifications below to view requirements

Minimum points required from qualifications

112

Application and selection

​We are looking for students with the potential to understand and critically evaluate the theory, concepts and principles that underpin the practical techniques of business.Demonstrate their understanding by communicating effectively, both orally and in their written work.Possess the self-discipline to manage their time and tasks effectively throughout their time here at LJMU to make a difference.

GCSE and equivalents

  • Prior to starting the programme applicants must have obtained Grade C or Grade 4 or above in English Language and Mathematics GCSE or an approved alternative qualification below: • Key Skills Level 2 in English/ Maths • NVQ Level 2 Functional skills in Maths and English Writing and or Reading • Skills for Life Level 2 in Numeracy/English • Higher Diploma in Maths/ English • Functional Skills Level 2 in Maths/ English • Northern Ireland Essential Skills Level 2 in Communication or Application of Number • Wales Essential Skills Level 2 in Communication or Application of Number

A Levels

  • Minimum number of A Levels required: 2
  • Is general studies acceptable? Yes
  • Are AS level awards acceptable? Acceptable only when combined with other qualifications
  • Average A Level offer: BBC
  • Maximum AS Level points accepted: 20

BTEC qualifications

  • BTEC certificate: Acceptable only when combined with other qualifications
  • 90 credit diploma: Acceptable only when combined with other qualifications
  • Diploma (QCF): Acceptable on its own and combined with other qualifications
  • Diploma subjects / grades required: D*D* if studied on its own or to the total of 112 UCAS points if combined with other qualifications
  • Extended diploma (QCF): Acceptable on its own and combined with other qualifications
  • Extended diploma subjects / grades required: DMM if studied on its own or to the total of 112 UCAS points if combined with other qualifications

Access to Higher Education Diploma

  • Access to Higher Education Diploma acceptability: Acceptable on its own and combined with other qualifications
  • Further information: At least 15 Distinctions and 30 Merits, or any other combination that equates to 112 UCAS Tariff points in a relevant subject

International Baccalaureate

  • International Baccalaureate: Acceptable on its own and combined with other qualifications
  • Additional information: 26 IB Diploma Points

Welsh awards

  • Welsh Baccalaureate: Acceptable only when combined with other qualifications

Irish awards

  • Irish Leaving Certificate: Acceptable on its own and combined with other qualifications
  • Grades / subjects required: 112 UCAS Tariff points with a maximum 20 UCAS Tariff points from Ordinary Level

Additional entry requirement information

​Applicants with Accountancy qualifications will be considered as follows:

Association of Accounting Technicians (AAT): Holders of AAT NVQ/SVQ Level 3 Intermediate/ 'Advanced Certificate in Accounting' will be eligible for entry to Level 4 of the programme.

Holders of AAT NVQ/SVQ Level 4 Technician/'Diploma in Accounting' will be considered for 40 RPL credits against relevant Level 4 Accounting modules on the BSc (Hons) Accounting & Finance programme.

Chartered Institute of Management Accountants (CIMA): Holders of the CIMA Advanced Diploma (Managerial level complete; comprising 11 of the 15 CIMA professional exam papers (as of 2010-2011)) will be considered for direct entry to Level 6 of the programme.

Association of Chartered Certified Accountants (ACCA):Applicants who have successfully completed the 'Skills' level (comprising 9 of the total of 14 ACCA professional exam papers (as of 2008-9)) will be considered for direct entry to Level 6 of the programme.Applications are welcomed from mature and non-standard applicants, who will be considered on an individual basis. These applicants may be required to submit an essay and/or attend an interview, and should demonstrate potential and motivation and/or have relevant experience.

International applications will be considered in line with UK qualifications.
 

Will I be interviewed?

Mature and non-standard applicants may be invited to attend interview

IELTS

6.0 (minimum of 5.5 in each component)

Can this course be deferred?

Yes

Is a DBS check required?

No

Is RPL accepted on this programme?

Yes

International requirements

Please Note: All international qualifications are subject to a qualification equivalency check via NARIC.

Finance and fees

Find out more about the student funding available from LJMU as well as government grants and loans and targeted support for students with children/dependants or disabilities.

Different funding arrangements will apply if you are from Scotland, Wales, Northern Ireland or other countries in the EU. If you normally live in Scotland, Wales or Northern Ireland you will still be eligible for loans for tuition fees as well as grants and/or bursaries plus loans for living costs. It's just that the amounts available may be different to those stated here as these apply to applicants who live in England.

LJMU scholarships

LJMU's scholarships are open to all full-time Home and EU undergraduates that are liable to pay tuition fees. These awards are not income assessed, and if successful you will be awarded a scholarship for each year of your course worth between £1,000 and £10,000. This money does not need to be repaid and it's up to you to decide what you want to spend it on.

LJMU bursary

LJMU bursaries are means-tested, which means your household income must be below a certain level in order for you to qualify for this funding.

The money you receive does not have to be repaid and is intended to help you meet some of the costs associated with being a student. You will receive a bursary for each year of your course providing you still meet the eligibility criteria.

Tuition fees

In line with most universities, LJMU charges an annual tuition fee of £9,250 for most of our degrees.

If you opt to complete a foundation year as part of your degree, your first year tuition fee will be £7,700.

The important thing to remember is that you don't have to pay your tuition fees upfront when you enrol.

Instead you can take out a tuition fee loan, which doesn't have to be repaid until after you leave LJMU and start earning over the threshold. Currently the threshold is £21,000 for students resident in England.

As long as you have not been to University before and meet the residency rules both full and part-time students are eligible to apply for tuition fee loans.

For more information on tuition fee loans, go to: www.gov.uk/student-finance

LJMU is committed to ensuring that students understand the full cost of studying at LJMU. Our programmes have no hidden costs and your tuition fee covers all expenses associated with your core modules, including:

  • Safety equipment, such as lab coats and goggles
  • Uniforms for nurses, paramedics and other professional placement students (if applicable)
  • UK field trips
  • Educational visits
  • Student exchanges
  • Criminal Records Bureau checks
  • Professional sector regulatory body membership
  • Governing body awards

Living costs

In addition to your tuition fees, eligible students can also choose to take out a maintenance loan for each year of your course to help you meet the costs of being a student.

The money will have to be paid back but only after you leave LJMU and starting earning over the income threshold, currently £21,000 for those resident in England.

Part-time students are not eligible to take out these loans.

For more information on student loans, go to:www.gov.uk/student-finance

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Paying back your student loans

Any loans you take out while studying will be added together into one loan account. This means that when you start paying back your student loans, you will only make one affordable monthly payment. This monthly repayment will be the same regardless of how many loans you have taken out. That’s because your repayments are based on a percentage of your salary not how much you borrowed from the Student Loans Company.

The current threshold for students normally resident in England is £21,000. Once your income goes over this threshold your employer will start taking repayments from your salary just like tax and national insurance. If your income falls below £21,000 your repayments will stop.

Career prospects

A degree in Accounting and Finance opens up a huge range of potential careers because the success or failure of an organisation is ultimately determined by its financial performance.

Outside accountancy, graduates have forged successful careers within retail and investment banks, financial services, finance companies, building societies and so on. However, if you do want to work in investment analysis and financial services, we advise you to qualify as a professional accountant first. This respected qualification gives you a solid platform from which to build your career, and once you qualify, there will be plenty of opportunities to move between different roles and industries in the UK and abroad. Recent graduates have found roles within organisations such as Lloyds TSB, Barclays, MBNA, The Bank of New York, Ulster Bank and WGZ Bank.

Most of our Accounting and Finance graduates complete three-year training contracts with professional accountancy firms or private/public sector organisations while studying part time for their remaining professional accountancy exams. Many contracts enable you to specialise in areas such as audit/assurance, tax, corporate finance, and business advice/consulting.

New for 2017 – CareerSmart programme

All students in their first year of study will have an opportunity to engage with the CareerSmart programme as an integral part of a core module of study. Once you have completed this, a wide range of other career-related provision and services will be available to support your development throughout your studies.

The new CareerSmart e-learning tool will introduce you to the steps involved in making informed choices about your career. It will enable you to consider your strengths and development areas, your career motivators, the options available to you and the necessary steps to take to achieve your career goals.

 

Professional accreditation / links

The BSc (Hons) Accounting and Finance is professionally accredited by four of the main accountancy bodies in England and Wales: the Institute of Chartered Accountants in England and Wales (ICAEW), the Chartered Institute of Management Accountants (CIMA), the Chartered Institute of Public Finance and Accountancy (CIPFA), and the Association of Chartered Certified Accountants (ACCA).

The number of exemptions you secure will depend on the professional route you decide to pursue (CIMA, ICAEW, CIPFA or ACCA) and the option modules you study in the final year of the programme.

Professional accreditation reflects LJMU's commitment to continually updating our syllabuses in line with professional requirements and will help ensure that you are given a head start to becoming a fully qualified accountant after graduation.

Graduates from the programme who can show their competence in the workplace are also eligible for full membership of the Association of Accounting Technicians (ATT). Competencies in the workplace can be obtained by completing the sandwich year or, alternatively, after you have graduated and spent a year in related employment.

International Scholarships

Studying at LJMU offers international students excellent value for money and the opportunity to secure an internationally-respected qualification plus outstanding career prospects.

Each year, LJMU offers a range of prestigious international scholarships. Further details of the scholarships offered to applicants wishing to study at the University from September 2017 onwards will be available on this page in the coming months.

For the most up-to-date information about studying at Liverpool John Moores University, and the International Scholarship programme, please visit the International pages.

International Foundation Year and International Year One programmes

LJMU offers international students the option of completing International Foundation Year and International Year One programmes at the University’s International Study Centre. These courses are managed and taught by Study Group, a world leader in education and training for international  students. For more details on the International Study Centre, go to www.ljmuisc.com/

English language qualifications

All international applicants must have an internationally recognised English language qualification, such as IELTS (International English Language Testing Service). Your English language qualification must have been certified within the last two years for verification purposes. LJMU will accept other UKVI-recognised English language tests providing you attain the appropriate level.

This table summarises the minimum scores required by LJMU.

Please note: your specific course requirements may differ.

For course-specific English Language requirements, click the Entry Requirements tab above.

To find out what qualifications are applicable in your country please visit the international pages.

Type of Programme IELTS Pearson
International Foundation Programme 4.5 50-57 (Min. 51 in each component for UKVI Purposes)
Undergraduate degrees 6.0 50-57 (Min. 51 in each component for UKVI Purposes)
MPharm 7.0 Not accepted

English language support to improve IELTS

If your English language level does not meet the required entry requirements for your course you may still be offered a place on the condition that you successfully complete an English for Undergraduate Study course at LJMU’s International Study Centre.

Please contact the International Study Centre and talk to one of our multi-lingual Student Enrolment Advisers (www.ljmuisc.com/) or email: international@ljmu.ac.uk for more details.

Tuition fees

International students are liable to pay a minimum of 50% of their tuition fees when they complete their enrolment at the University. The outstanding balance must be paid in full within 4 months of your enrolment date.

Living Costs

When you apply for your visa or entry clearance, you will need to provide evidence of having enough money to support yourself for the duration of your programme and to pay for all of your living expenses. The good news is that the cost of living in Liverpool is one of the lowest in England, which means your money will go even further, allowing you to enjoy your student experience to the full.

In addition to academic fees, you must budget for living costs such as accommodation, food, clothing, books, local travel and entertainment. The UKVI requires that students studying outside London must have £7,200 to pay for their living costs (or £800 per month).

LJMU’s undergraduate courses run over an academic calendar of nine months so you will need to show that you have at least £7,200. If your course lasts 6 months you will need to demonstrate you have £4,800.

Confirmation of Acceptance for Studies (CAS)

Before you can apply for permission to enter or remain in the UK under Tier 4 you will require a valid Confirmation of Acceptance for Studies or CAS. LJMU will only assign a CAS once you have satisfied the conditions of any offer made to you and you satisfy the University’s obligations as a Tier 4 Highly Trusted Sponsor. For more details, visit the international students section.

Academic Technology Approval Scheme Certificate (ATAS)

If you have applied to study an Enhanced Undergraduate Degree (such as an MEng) course at LJMU, you should check if you require an Academic Technology Approval Scheme or ATAS certificate.

You can find out more on the British Foreign and Commonwealth Office (FCO) website: www.fco.gov.uk/en/about-us/what-we-do/services-we-deliver/atas/who-atas/

Alternatively, contact LJMU’s International Admissions Team (int-admissions@ljmu.ac.uk)for guidance.

Your visa application

As soon as you have received an offer of a place at LJMU you should contact the Entry Clearance Office at the British Embassy, British High Commission or Consular Office in your own country to check whether you need a visa for entry into Britain. You are advised to do this as soon as you can as the visa application process can take a long time.

Please Note: To obtain an Entry Visa you should go to the British Embassy or High Commission in your own country, and present the following documents:

  • Passport
  • A valid LJMU Confirmation of Acceptance for Studies (CAS)
  • Evidence of financial support for the programme
  • Two recent photographs of yourself (passport-size)
  • All relevant educational diplomas and certificates (as stated in your CAS)
  • A declaration of your intent to return home on completion of your course of study

The University may make changes to a programme of study or module where such changes are deemed to be beneficial to students, are minor in nature and unlikely to impact negatively upon students or become necessary due to circumstances beyond the control of the University.
Further guidance on programme changes

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