Finance and Accounting BSc

Compulsory

• Mathematics for Economics and Finance

  This module is designed to provide students with the mathematical skills and techniques necessary for further study in Economics, Finance and Accountancy. Students will develop their understanding of basic algebra and differential calculus and the way they are applied in Economics, Finance and Accountancy.

• Financial Markets

  This module aims to give students an understanding of the roles and functions of financial markets and an awareness of the financial system, in order to provide a necessary basis for further study.

• Introduction to Financial Accounting

  This module aims to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.

• Statistics and Data Analysis

  This module is designed to improve numerical and data analysis aptitude of students. It aims to provide an understanding of key statistical concepts and methods, such as descriptive statistics, probability theory, inference, testing and sampling. Students will be given the opportunity to work on data sets, develop theoretical, technical and software related skill, which are in high demand in industry.

• Microeconomic Principles

  The aim of this module is to introduce students to core concepts, methods and techniques of modern microeconomics. The course prepares students for more advanced topics to be studied in following years.

• Macroeconomic Principles

  This module provides students with a firm foundation in the principles of macroeconomics at the theoretical level, which will provide the basis for further core modules at level 2 and level 3. It aims to demonstrate the application of theory to current issues in macroeconomics.

Compulsory

• Financial Accounting and Statement Analysis

  This module aims to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities.

• Corporate Finance

  This module aims to provide students with an understanding of the financing decisions and policy of modern corporations.

• Corporate Investment

  This module represents a core component of corporate finance and aims to give students a range of techniques to investigate firms’ investment decisions.

• Management Accounting

  This module aims to develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for purposes of planning, decision-making, performance evaluation, and control.

Optional

• Company Law and Regulation

  This module aims to explore the nature and scope of the general legal system in the UK and its major laws related to business and companies, to provide a critical understanding of the legal framework within which companies operate, to investigate legal obligations and the effects of the law on key factors in relation to company formation, day-to-day administration and failure, and to develop knowledge and analytical skills on evaluation of issues related to obligation of companies and their directors.

• Quantitative Methods

  The aim of the course is to provide students with a review of statistical methods applied in economic analysis, the theoretical skills needed to understand and analyse data and the practical skills needed to construct and estimate relevant models. Students will learn about and practice techniques in performing and discussing data analysis.

• Ethics and Accountancy Research Methods

  The aim of the course is to provide students with the theoretical and practical skills needed to understand and analyse main characteristics of financial and accounting data. Develop an understanding of relevant knowledge and skills related to the exercise of professional judgement in carrying out the role of the accountant in the areas of governance, internal control, compliance and the management of risk in an organisation, within the context of an overall ethical framework.

• Introduction to Econometrics

  The aim of this module is to provide students with the theoretical skills needed to understand and analyse econometric studies and the practical skills needed to construct and estimate such models.

• Mathematical Economics

  The aim of this module is to provide mathematical tools needed to analyse economic problems, and to understand the role of mathematical modelling and how to translate economic problems into the language of mathematics.

Compulsory

• Advanced Financial Reporting

  This module aims to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.

Optional

• Further Econometrics

  This course will examine the basic regression model before considering how models should be specified and recent developments in the time series theory. The aim of the course is to provide students with the theoretical skills needed to understand and analyse econometric studies and the practical skills needed to construct and estimate such models.

• Panel Data Methods

  This course will examine the basic regression model before considering how models should be specified and recent developments in panel data methods. The aim of the course is to provide students with the theoretical skills needed to understand and analyse econometric studies and the practical skills needed to construct and estimate such models.

• Applied Research in Economics, Banking and Finance

  The module aims to provide final-year undergraduates with the opportunity to provide evidence of their ability to independently pursue research in the area of the topics chosen by them, with the assistance of, and the recommendation by, members of the Department. Students will be expected to develop their analytical ability and skills to conduct a general investigation into issues relating to economics and finance.

• Financial Theory and Corporate Policy

  The aim of this course is to give students a thorough theoretical and practical guide to corporate finance. Advanced corporate finance topics are covered including capital budgeting, cost of capital, capital structure, payout policy, raising equity capital, mergers and acquisitions, real options, working capital management, market efficiency, and corporate governance. The material presented for each topic includes theory, empirical evidence and practical examples. Emphasis is given to recent developments of the theory in the presence of informational asymmetries, such as the principal-agent relationship, incentives and signalling.

• Financial Engineering

  The aim of the course is to offer an introduction to the theory and practice of financial engineering. The course will examine the design, the development and the implementation of financial innovation, in addition to developing a deeper understanding of the workings of financial markets.

• Risk Management

  This module aims to illustrate on practical examples the application of concepts and ideas of financial management, to apply statistical tools to public policy and private sector business decision-making and to interpret their findings. It also aims to show and discuss how to conduct empirical research, work with data sources and present results in a project and to engage students in critically evaluating the theories and tools of financial markets

• Fixed Income Markets

  This module will provide an understanding of security valuation and portfolio Management within the fixed income markets. It will explore the underlying economic and finance theory, market developments and various practical approaches to fixed income investment.

• Behavioural Finance

  This module aims to provide students with an understanding of the principles of behavioural finance and to apply behavioural finance tools to financial decision-making and to interpret their findings. Students will engage in critically evaluating the theories and tools of behavioural finance.

• Housing Finance

  This module aims to enable students to demonstrate a sound knowledge of the operation of housing finance at both a micro and macro levels. The module will cover the behaviour of lenders and investors in the housing market in risk control and return optimisation, and regulation of housing finance. It will also introduce the importance of mortgages and house prices at a macroeconomic level, including aspects of monetary and macroprudential policies.

• Applied Research in Accountancy

  The module is aimed to provide final-year undergraduates with the opportunity to provide evidence of their ability to independently pursue research in the area of accountancy chosen by them, with the assistance of, and the recommendation by, members of the Department. Students will be expected to develop their analytical ability and skills to conduct a general investigation into issues relating to accountancy.

• Comparative and Contemporary Issues in Accountancy

  The aim of this module is to develop awareness of various aspects of the international financial accounting environment, to provide an overview of the international differences in financial reporting, examines harmonisation and classification and assesses the obstacles to and progress of the adoption of international standards in major countries. The module also provides a critical understanding of theories and contemporary approaches to ethics, corporate social responsibility and governance and the challenges of sustainable development and responses to it.

• Sustainability in Accounting

  The module aims to develop knowledge and understanding of the concepts of sustainability and sustainable development, as they apply to the accountancy and auditing professions, and how they inform future accounting/auditing practice.

• Public Sector Accounting

  This module aims to develop an understanding of the basic principles of public sector accounting, appreciate differences and similarities between public and private sector accounting and enable students to appreciate the significance of accountability in the public sector.

• Audit and Assurance

  This module aims to develop knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of best practice and current developments.

• Taxation

  The module aims to enable students to examine the conceptual and computational principles of the UK taxation system as they affect businesses and individuals. Develop skills of using a computerised accounting system to execute and manage typical accounting processes of business organisations and acquire a critical understanding of the role that modern technology plays in making accounting procedures and practices more effective and efficient.  

• Forensic Accounting

  This module aims to develop students' critical understanding of the meaning and purpose of forensic accounting and the role of the expert witness. To facilitate a critical awareness of the nature and extent of financial dispute resolution. To enable students to apply techniques used in forensic accounting engagements, including the identification and quantification of admissible evidence and the quantification of damages.