97%of Lincoln Accountancy and Finance students said they were satisfied with this course overall, according to the National Student Survey 2016.
Lincoln’s Accountancy and Finance degree aims to equip students with a vocationally relevant and academically rigorous education in a programme which also offers the opportunity for exemptions from a number of the professional accountancy bodies. The programme provides the chance to develop practical and theoretical skills in both the nature and mechanics of financial information.
This course provides students with the opportunity to develop the critical-thinking skills, knowledge and problem-solving abilities that are needed by senior leaders and decision-makers in business. The ability to reflect critically on their role, both as private individuals and as members of society is also considered.
The course provides exemptions from elements of examination for the following:
- Association of Chartered Certified Accountants (ACCA)
- Chartered Institute of Management Accountants (CIMA)
- Accountants in England and Wales (ICAEW)
- Association of International Accountants (AIA).
Depending on the exemptions sought, students may be required to undertake specific modules. Other exemptions are achieved upon completion of the course.
Download the full list of exemptions here:
Is This Course Right For Me?
The Accountancy and Finance course aims to combine intellectual rigor with personal development. It is designed to provide an academic grounding in topics such as financial accountancy, management accountancy, financial management, marketing, taxation and strategic management.
How You Study
In addition to an introduction to accountancy and finance, the first year introduces students to key elements of business. The second year builds on this foundation with financial accountancy, management accountancy, financial management and economics in addition to specialist options, including audit. The opportunity to develop skills in SAGE accounting are embedded within the programme during second year.
In the final year, students have the opportunity to examine financial accountancy, financial management and management accountancy at an advanced level and can tailor their degree by selecting from a range of options aligned to individual interests and career ambitions.
Optional final year modules can include Taxation, Personal Financial Planning, Financial Strategy, Private Banking and Wealth Management and Behavioural Finance and Economics.
In addition, there is the opportunity to take a year-long work placement (Professional Practice) after the second year. A work placement can allow students to gain valuable experience and apply their learning in practice. More details regarding the potential costs associated with these placements are outlined in the Features tab.
Contact Hours and Independent Study
Contact hours may vary for each year of your degree. However, remember that you are engaging in a full-time degree; so, at the very least, you should expect to undertake a minimum of 37 hours of study each week during term time and you may undertake assignments outside of term time. The composition and delivery for the course breaks down differently for each module and may include lectures, seminars, workshops, independent study, practicals, work placements, research and one-to-one learning.
University-level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. As a general guide, for every hour in class students are expected to spend two - three hours in independent study.
Please see the Unistats data, using the link at the bottom of this page, for specific information relating to this course in terms of course composition and delivery, contact hours and student satisfaction.
How You Are Assessed
The course combines a range of assessment methods. Assignments are designed to allow students to manage their own time, develop their research and analytical skills, and explore subjects in greater depth. They take a range of forms including essays, reports and oral presentations prepared individually and in groups.
The University of Lincoln's policy on assessment feedback aims to ensure that academics will return in-course assessments to you promptly – usually within 15 working days after the submission date (unless stated differently above).
Methods of Assessment
The way you will be assessed on this course will vary for each module. It could include coursework, such as a dissertation or essay, written and practical exams, portfolio development, group work or presentations to name some examples.
For a breakdown of assessment methods used on this course and student satisfaction, please visit the Unistats website, using the link at the bottom of this page.
Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may be supported in their learning by other students.
For a comprehensive list of teaching staff, please see our Lincoln Business School Staff Pages.
Entry Requirements 2017-18
GCE Advanced Levels: BBC
International Baccalaureate: 29 points overall
BTEC Extended Diploma: Distinction, Merit, Merit
Access to Higher Education Diploma: A minimum of 45 level 3 credits at merit or above will be required.
Students will also need at least five GCSEs at grade C or above, which must include English and Maths.
We encourage applications from mature students and we will give special individual consideration to those who are in this category and do not have the standard entry requirements.
Students whose first language is not English will also need British Council IELTS band 6.0 or above or equivalent.
For international students who do not meet criteria for direct entry to this degree we offer the International Year One in Business and Management. Depending on your English language level you will study 3 or 4 terms then progress directly to the second year of this degree.
Degree preparation courses for international students:
The University of Lincoln offers international students (non EU/UK) who do not meet the direct entry requirements for an undergraduate degree course the option of completing a degree preparation programme at the university’s International Study Centre. To find out more please visithttp://www.lincoln.ac.uk/isc
Analysis of Business Data
This module aims to introduce some quantitative techniques fundamental to the analysis of business data. It seeks to promote a critical awareness and understanding of some of the processes, techniques and technology by which numerical information can be collected and communicated. Students have the opportunity to practice the systematic use of appropriate industry-standard computer technology for the acquisition, analysis and presentation of data (for example, Excel or SPSS).
Introduction to Accountancy and Finance
This module aims to introduce students to the nature and mechanics of financial information. This is done in a manner which encourages a critical reflection upon the construction and uses of such information. Both management and financial accounting are considered. In particular, students can be introduced to the detail of double entry book keeping and the associated financial reports of sole traders, partnerships, limited companies (including those in a manufacturing environment) and simple not for profit organisations.
The module aims to examine the role of financial information for the variety of possible users and explore the different, often conflicting needs of these groups.
Introduction to Business Law
This module aims to serve as an introduction to the English legal system and English contract law. The module is designed to give students the opportunity to develop a basic understanding of contract issues in England and seeks to enable students to appreciate when a legally binding agreement comes into existence, the obligations involved and the consequences of breaking such agreements.
Contract law underpins a company’s dealings with its customers, employees and suppliers. It is important that students appreciate the legal context in which everyday business decisions are made.
This module is intended for students who are interested in understanding the way people work, as individuals and as group members in firms. The module explores essential topics in a clear, concise and informative manner, aiming to introduce students to the interpersonal perceptual processes in a work environment; the key behavioural factors determining effective and ineffective groups; the usefulness of theories on leadership/management styles; and the difficulties in implementing change in organisations.
Principles of Economics
This module aims to provide the non-Economist with an amalgam of economic theory and contemporary comment which seeks to prepare them for a further study in Economics. The module is designed to provide students with the opportunity to develop a grounding in basic tools and concepts. It aims to provide ideas about labour markets and market structure, inflation and deflation, growth and stagnation and balance of payment issues and exchange rates. Through following issues in the Financial Times the emphasis is placed on applying the concepts delivered to the issues of the day.
Principles of Marketing
This module is designed to provide an introduction to the theory and practice of marketing. Students will have the chance to examine the key concepts and issues of marketing.
Audit and Assurance (Option)
This module explores the importance of auditing work and the regulatory and ethical requirements of working within an accounting environment. The module therefore offers a practical as well as a theoretical perspective on auditing, providing students with the opportunity to develop their understanding of the type of role they would be carrying out if they were to pursue a career as an auditor.
Competition and Regulation (Option)
This module explores some key areas of microeconomic policy for business. At its heart it is a consideration of competition theory and industrial structure. This informs the analysis of competition policy in sectors, such as telecoms and airlines. This is extended to a consideration of injecting competition into the state sector. Other areas of state intervention are explored where activities are taxes; prices are regulated; or industry is incentivised to relocate. Throughout, concepts and applications are made relevant to real world examples.
This module is designed to provide students with an introduction to the more complex areas of financial accountancy and financial reporting under International GAAP. It commences with the role and requirements of corporate financial reporting in the UK and explores the increasingly important subjects of ethics and corporate governance. Students have the opportunity to develop a solid foundation in the techniques of accounts preparation and a critical understanding of key areas of financial accounting. Single level group structures are introduced which may help lay the foundation for more advanced study.
Financial Management introduces the role of the financial manager and focuses on the key issues surrounding investment, financing and distribution decisions.
As a first introduction to finance, specifically, this covers the identification, appraisal and evaluation of investment opportunities in the context of shareholder wealth maximization, the sources of finance available and the markets they trade in. The issues of risk identification, measurement and evaluation is also explored in this module.
This module aims to provide students with the opportunity to develop knowledge of the gains to be made from trading internationally. It focuses also on the gains to be made from economic integration and the globalisation process. The module also seeks to examine the main patterns of trade and exchange and aims to demonstrate how free trade can be influenced by government and the future risks of protectionism.
Macroeconomic Environment for Business (Option)
This module provides an opportunity for students to extend their understanding of macroeconomics. It emphasises the role of macroeconomics as an applied discipline, focusing on issues facing the world’s economies featured in the Financial Times. By the end students are expected to be able to use the techniques learned to interpret changing macroeconomic aggregates, events and policies.
This modules is designed to provide students with the opportunity to develop a solid technical and critical understanding of the key management accountancy techniques and issues that relate to planning and performance reporting.
The major areas of study are:
- Cost accounting systems
- Standard costing
- Performance measurement.
Professional Practice (Option)
This module is aimed at those students who have decided to take a year out of formal studies to gain accredited work experience and are registered on a degree programme with an accredited professional practice element. The Professional Practice Year aims to give students a continuous experience of full-time work within an organisation.
It should be a three way co-operative activity between employer, student and University from which all parties benefit. Students can choose to pursue a variety of options including a placement year, a consultancy project or a work-based dissertation. Potential costs relating to this module are outlined in the Features tab.
Research and Consultancy Methods (Option)
This module explores various qualitative and quantitative methods of data collection and analysis. Students will have the chance to learn how to conduct, transcribe and analyse semi-structured and open-ended interviews and other forms of text. The principles and procedures of survey design and statistical modelling will also be discussed; students are expected to use appropriate computer-based statistical software, such as Stata, Eviews and SPSS, to analyse data.
Advanced Financial Accountancy
This module is designed to provide students with an introduction to the more complex areas of financial accountancy and financial reporting under International GAAP (Generally Accepted Accounting Principles). It seeks to build upon the concepts and techniques of Financial Accounting, developing some of the themes introduced at that level.
The module commences with corporate financial reporting under International GAAP in the UK and continues with the increasingly important subjects of non-financial reporting. It aims to provide students with the opportunity to develop a solid foundation in the techniques of complex accounts preparation and a critical understanding of short comings in financial reporting.
Advanced Financial Management
This module aims to introduce the more complex areas of financial management. It is designed to familiarise students with the major theoretical developments and practices in the areas of corporate finance and risk management. Students are encouraged to develop critical thinking when considering the advantages and disadvantages of diverse practices in the areas of corporate finance and risk management.
Advanced Management Accountancy
This module provides the competencies needed to plan and control in order to support the implementation of the organisation’s strategies. This module helps students to develop abilities to critically evaluate, interpret and discuss management accounting issues. The module is vocationally relevant and academically rigorous and embraces both technical skills and social science theories which assist in the move towards achieving a professional qualification and satisfying employer needs.
Behavioural Finance and Economics (Option)
This module aims to widen the concepts and motivations in understanding the economic activities of agents, and develops an appreciation of why these are different from standard/neo-classical economics.
The module draws on the recent research from the area of behavioural finance, biology and psychology to present a foundation, upon which to build a more critical understanding of the rational economics foundations. The module covers alternative modus operandi for economic interactions, such as Prospect Theory and other models.
The module investigates situations and the assumptions about behaviour which gives rise to certain behavioural biases, which constitute observable phenomena. These are then generalised to the “probable effects” on markets.
Consultancy Project (Business) (Option)
The Consultancy Project module provides the opportunity for students to work as Marketing/PR/Advertising consultants on a ‘live’ company project. The overriding goal is for students to experience real company problems first hand and to work in small groups to attempt to find information and ideas that offer meaningful solutions to the client company.
Students will have the chance to apply knowledge gained from the degree programme in a real world environment.
Financial Strategy (Option)
The learnings throughout this module, from strategic analysis, modelling and challenge through to the corporate and financial analysis of organisations will be invaluable in whichever type of organisation a student is eventually employed. The module aims to teach students to challenge and think into the future, whilst ensuring the vision has a firm financial and systems foundation.
Personal Financial Planning (Option)
Personal financial planning is the process whereby individuals can determine whether or not they can meet their financial objectives through proper management of their financial resources.
This module demonstrates and explores the application of a range of techniques used to help achieve this aim. Many students will go on to work in the financial services sector. This module aims to provide these students with a fundamental underpinning of the issues they are likely to face when working in this industry.
Private Banking and Wealth Management (Option)
Private Banking and Wealth Management is a module targeted at students who wish to build upon their previous knowledge of financial markets and products by analysing and evaluating the core financial service of wealth management. The module aims to both broaden students’ knowledge and understanding of the financial services industry and further develop their intellectual and practical skills via the analysis and evaluation of the wealth management process.
This module is designed to provide an overview of business and personal taxation and the implementation thereof through the planning process. Students have the opportunity to develop their knowledge of incorporating the impact of taxation in personal and business decisions. The module is of particular relevance to those students wishing to pursue a career in the accountancy or financial services sector and reinforces the importance of an ethical and professional approach.
The availability of optional modules may vary from year to year and will be subject to minimum student numbers being achieved. This means that the availability of specific optional modules cannot be guaranteed. Optional module selection may also be affected by staff availability.
At Lincoln International Business School, we take an international perspective and our research informs teaching on all of our courses. We carry out research with businesses, government and not-for-profit organisations to deepen knowledge and understanding in order to make a tangible difference to industry and society. Areas of research expertise include marketing, supply chain management, entrepreneurship, organisational studies, developing communities and economic development.
Students have the opportunity to take a year-long work placement (Professional Practice) after the second year. A work placement can allow students to gain valuable experience and apply their learning in practice. In previous years some of our students have been offered a job with their placement employer before they graduate. Please note that students who choose to undertake a work placement do not pay tuition fees for that year, but are required to cover their travel, accommodation and general living costs.
There are also opportunities for relevant work experience and career development as part of the degree course itself, as well as through various other Lincoln International Business School and University schemes. For more information about this please visit:
When you are on an optional placement in the UK or overseas or studying abroad, you will be required to cover your own transport and accommodation and meals costs. Placements can range from a few weeks to a full year if students choose to undertake an optional sandwich year in industry.
Students are encouraged to obtain placements in industry independently. Tutors may provide support and advice to students who require it during this process.
Student as Producer
Student as Producer is a model of teaching and learning that encourages academics and undergraduate students to collaborate on research activities. It is a programme committed to learning through doing.
The Student as Producer initiative was commended by the QAA in our 2012 review and is one of the teaching and learning features that makes the Lincoln experience unique.
This course is taught in the award-winning David Chiddick Building, which is situated in the centre of the city of Lincoln on the Brayford campus. It provides dedicated teaching and learning spaces and comprises lecture theatres, workshop rooms, IT laboratories and a café. Software including SAGE is available for you to use, as well as SPSS, Datastream (the source of financial and economic data), and FT.com.
At Lincoln, we constantly invest in our campus as we aim to provide the best learning environment for our undergraduates. Whatever your area of study, the University strives to ensure students have access to specialist equipment and resources, to develop the skills, which you may need in your future career.
View our campus pages [www.lincoln.ac.uk/home/campuslife/ourcampus/] to learn more about our teaching and learning facilities.
A degree in Accountancy and Finance can prepare students for a career as an accountant, personal financial manager, tax adviser or chief financial officer.
Our graduates have gone on to work in the private and public sectors in financial and management roles around the world. Previous graduates have progressed to roles at companies including HMRC, PricewaterhouseCoopers and Santander.
The University Careers and Employability Team offer qualified advisors who can work with you to provide tailored, individual support and careers advice during your time at the University. As a member of our alumni we also offer one-to-one support in the first year after completing your course, including access to events, vacancy information and website resources; with access to online vacancies and virtual and website resources for the following two years.
This service can include one-to-one coaching, CV advice and interview preparation to help you maximise your future opportunities.
The service works closely with local, national and international employers, acting as a gateway to the business world.
Visit our Careers Service pages for further information. [http://www.lincoln.ac.uk/home/campuslife/studentsupport/careersservice/]
For each course you may find that there are additional costs. These may be with regard to the specific clothing, materials or equipment required, depending on your course. Some courses provide opportunities for you to undertake field work or field trips. Where these are compulsory, the cost for the travel, accommodation and your meals may be covered by the University and so is included in your fee. Where these are optional you will normally (unless stated otherwise) be required to pay your own transportation, accommodation and meal costs.
With regards to text books, the University provides students who enrol with a comprehensive reading list and you will find that our extensive library holds either material or virtual versions of the core texts that you are required to read. However, you may prefer to purchase some of these for yourself and you will be responsible for this cost. Where there may be exceptions to this general rule, information will be displayed in a section titled Other Costs below.
|Full-time||£9,250 per level
||£12,800 per level|
|Part-time||£77.09 per credit point†|
The University undergraduate tuition fee may increase year on year in line with government policy. This will enable us to continue to provide the best possible educational facilities and student experience.
In 2017/18, subject to final confirmation from government, there will be an inflationary adjustment to fees to £9,250 for new and returning UK/EU students. In 2018/19 there may be an increase in fees in line with inflation.
We will update this information when fees for 2017/18 are finalised.
†Please note that not all courses are available as a part-time option.