The module is designed to equip students with understanding and skills to help them deal with the financial issues they will face in whatever business discipline they eventually practise or in whichever country. At its conclusion, students should have a solid understanding of the key elements of financial accounting and financial management that inform and affect the manager.
This module offers students an introduction to more complex areas of financial accountancy and financial reporting. It begins by looking at the concepts and principles of financial accounting and reporting, and the preparation of financial statements, and then explores the subjects of ethics and corporate governance.
Students are able to gain a solid foundation in the techniques of preparing Single Entity and Group Accounts, which can help them understand advanced financial accounting and reporting techniques in the third year. Students also have the opportunity to develop a critical understanding of key areas of financial accounting.
The module is designed to help enhance students’ independent active learning as well as problem-solving skills.
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.
This module builds on knowledge and skills developed in year one. It will provide students with both a technical, and a critical understanding of, key management accountancy concepts and techniques. It includes the application of these in business planning, performance reporting, and in management decision-making. It will allow students to develop analytical skills.
The module will prepare students for the compilation and application of relevant management information in the workplace (whether in the UK or internationally). Students will also have the opportunity to develop soft employability skills, through the content and style of the teaching and learning.
This level two module provides the major underpinning for the level 3 module Advanced Management Accountancy.
The prime areas of study will be cost accounting systems, costing techniques, budgeting, standard costing, cost behaviours, cost estimation and relevant information for short-term decision-making.
This module provides students with the understanding of monetary theories, international banking and financial markets in an international context . The module focuses on analysing the importance of interest rate in the market, the behaviour of interest rate and the risk and the term structure of interest rate. The module also introduces contemporary theories in financial markets, which explain the financial structure and financial regulation. Finally, the module introduces the role of the Central Bank, the conduct of monetary policies and the foreign exchange market.
Students gain a solid understanding of the structure of financial markets and techniques for estimating the value of financial assets, including stocks and bonds, which is a starting point for developing knowledge in other aspects of finance.
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.
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 (including international case studies).
This module is designed to make students aware of international financial markets and institutions. The need for financial markets and institutions is the underlying scope of the module and students have the opportunity to investigate this importance for their own countries.
Lincoln International Business School (LIBS) believes that an option to study overseas is a valuable educational opportunity for our students.
The optional year is intended to:
- enable students to benefit from studying similar subjects within a cross cultural environment, by exposing students to a wider academic and cultural experience;
- facilitate reflexivity in learning and personal and professional development;
- enhance their future employment opportunities by increasing their cultural and professional mobility.
This module is optional for all taught on campus undergraduate students within Lincoln International Business School. Study Abroad is a year long module which enables students to spend time studying abroad at one of the University’s approved partner institutions.
During the year spent abroad, students share classes with local students and study on a suite of locally-delivered taught modules which have been approved in advance by the University. As many partner institutions support internships it is anticipated that some students will elect to combine study (minimum one semester equivalent) with work and or a period of volunteering.
Eligible students must have completed their second year of study to a satisfactory standard (normally with an average of a 2.2 or above, dependent upon partner requirements) standard and successfully completed the application process.
Upon completion of the study period abroad, each student will be required to submit a portfolio including a reflection on the experience of living and studying in a different cultural environment and the skills acquired.
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.