Accountancy BSc

   
   
  

Fact file - 2018 entry

Qualification
Accountancy | BSc Hons
UCAS code
N410
Duration
4 years full-time
A level offer
AAB
Required subjects
GCSE maths, 5 or above, and two further GCSEs, 4 or above
IB score
34; 18 points at Higher Level
Course location
Course places
50
School/department
 

Overview

As one of only three Flying Start programmes in the UK, this course offers an innovative and challenging opportunity to fast-track your accountancy career.
Read full overview

It is run collaboratively by the Business School, the Institute of Chartered Accountants in England and Wales (ICAEW) and prestigious accounting firm PricewaterhouseCoopers (PwC). You will benefit from the Business School's teaching, insight and unique international experience, alongside leading professional practice during your time on placements with PwC.

You will qualify for exemptions from the Professional stage papers for ICAEW's Associate Chartered Accountant qualification and can become a fully qualified chartered accountant a year after graduation (subject to successfully completing the Advanced stage papers as required by ICAEW). There are also opportunities to apply for an ICAEW bursary.

Nottingham University Business School is recognised as an ICAEW Partner in Learning, working with ICAEW in the professional development of students.

Year one

Your first year on the BSc Accountancy programme serves as a broad foundation to the study of a range of business disciplines, including modules in financial accounting, assurance, principles of taxation, business law, microeconomics, macroeconomics, quantitative methods, organisation studies and business computing.

During your first year, you will also be liaising with PwC to identify which office you will work in over the next three years.

Year two

After taking a block period of study in early September on audit and assurance, you will spend September to December on a paid placement with PwC. The office you are based in will be your office for the rest of the time on the programme, which will help you make friends and build lasting relationships with others who work in the same office.

While on placement, you will be working on real client work, applying the knowledge you have learnt earlier in the course. You will return to your studies in January, where you will take modules on tax compliance, financial accounting and reporting, financial management and management strategy.

Year three

You will start year three undertaking another block of study in early September on business planning for taxation. Following this, you will spend September to December on a further paid placement with PwC, where you are likely to be taking on more complex work.

You will return to your studies in January, where you will take modules on financial markets, financial accounting and reporting, business ethics, corporate finance and management accounting and decisions.

Year four

Starting your final year in September, you will study modules on contemporary issues in accounting. You will then be able to take a further four optional modules chosen from subjects such as management accounting and decisions, risk management decisions, human resource management, entrepreneurship, corporate restructuring and governance and financial markets.

You will also be able to undertake a dissertation as an optional module if you wish. Your studies with the University will conclude in January and you will then undertake your final paid placement with PwC from January to May.

Key facts

  • We are one of the UK's leading centres for management education, part of an elite group of global EQUIS accredited business schools
  • We offer development and employability programmes that bring you closer to top employers, including Deloitte, HSBC, PwC and Unilever
  • We are ranked 7th in the UK for accountancy and finance in the Guardian University Guide 2018
 

Entry requirements

A levels: AAB excluding general studies, critical thinking, and citizenship studies

GCSEs: GCSE maths, 5 or above, unless taking it at A level and two further GCSEs, 4 or above

Understand how we show GCSE grades

English language requirements

IELTS: 7.0 (no less than 6.0 in any element)

If you require additional support to take your language skills to the required level, you can attend a presessional course at the Centre for English Language Education (CELE), which is accredited by the British Council for the teaching of English. Successful students can progress onto their chosen degree course without taking IELTS again.

International applicants

We welcome students from all over the world and have a dedicated International Office that offers guidance and advice for international applicants.

Mature students

At the University of Nottingham we have a valuable community of mature students and we appreciate their contribution to the wider student population. You can find lots of useful information in our guide for mature students.

Alternative qualifications

View the alternative qualifications page for details.

Flexible admissions policy

In recognition of our applicants’ varied experience and educational pathways, The University of Nottingham employs a flexible admissions policy. We may make some applicants an offer lower than advertised, depending on their personal and educational circumstances. Please see the University’s admissions policies and procedures for more information.

Notes for applicants

Some of the modules you study at the Business School will reflect the content of a number of professional accountancy and insurance bodies' exams. As a result, you may be eligible for exemptions from some of these professional exams on the grounds that you have already demonstrated you understand the relevant content to the required standard.

The Business School has accreditation agreements with the:

Selected applicants will be invited to an assessment day which includes a group exercise and an individual interview before a decision is made on an offer.

All applicants who are made an offer are invited to visit the Business School and meet members of staff and students at our offer holder events.

We welcome applications from mature candidates and consider academic and professional backgrounds on an individual basis. We also consider other qualifications in addition to those listed above.

 
 

Modules

Please note: The structure detailed below is based on 2017 modules and is likely to change for 2018 entry; updates will be added when they are available.

The below modules are designed to give you a flying start towards becoming an ICAEW Chartered Accountant and in many cases, if you pass the module you will gain credit for ICAEW Certificate level and Professional level modules.

Typical year one modules

Core modules

Assurance

This module will cover:

  • process of assurance
  • introduction to internal control (including revenue and purchases systems)
  • internal audit
  • audit sampling
  • substantive test
  • independence, objectivity and integrity
 
Business Finance

This module provides an introduction to the fundamental concepts of finance and will help you:

  • understand that there is a relationship between the risk of an investment and the expected returns
  • understand the concept of the time value of money and be able to calculate the present value of a single and multiple future cash flows
  • be able to apply NPV to project appraisal in realistic situations
  • understand the fundamental ideas or portfolio theory and be able to apply the CAPM
  • to be able to estimate cost of capital for equity (CAPM and dividend growth model) and bonds (market value and IRR)
 
Business Law A

This module will introduce you to:

  • UK legal framework
  • impact of EU legislation
  • law of contract - essential elements, performance and remedies
  • business and the law of tort
  • employment law
  • law in a local and global context
 
Business Law B

This module covers:

  • agency
  • legal personality; sole traders; partnerships and limited companies
  • purpose and legal status of memorandum and articles
  • management and the administration of a company
  • insolvency
 
Computers in Business

This module will introduce the use of computers and IT in business today - and in particular spreadsheet modelling - via a lab based assessment and a case study group report and presentation.

 
Financial Accounting

This module will introduce the nature and purpose of financial accounting. Key accounting concepts, the impact of accounting policy selection, accounting standards and the recording and collating of accounting information will be presented. Financial statements will be developed via double entry bookkeeping from accounting data.

 
Macroeconomics for Business

This module introduces participants to the nature and scope of the macroeconomic policy agenda, and develops the analytical frameworks necessary for the evaluation of policy instruments. The module enables participants to understand the economic arguments that under-lie different views and to evaluate relevant arguments.

 
Management Accounting and Decisions I

This module introduces:

  • cost concepts and allocation of manufacturing overheads
  • absorption and variable costing
  • cost-volume-profit analysis
  • relevant costing
  • budgeting 
 
Microeconomics for Business A

This module introduces you to the microeconomic theory of the market and the firm. Topics covered include:

  • market demand
  • supply and equilibrium
  • firm production and costs
  • market structure
  • perfect competition
  • monopolistic competition
  • oligopoly and monopoly
 
Organisational Behaviour

This module will introduce you to the basic ideas of organisational behaviour. The content will encourage you to develop an understanding of managing and developing people within business organisations.

The module will draw its primary material from the major theorists and theories of both organisational psychology and organisational behaviour. The module will also develop links with other aspects of the business school curriculum such as general management and international business.

 
Principles of Taxation

This module covers:

  • introduction to income tax
  • employment income
  • national insurance contributions
  • corporation tax
  • trading profits and basis of assessment
  • capital allowances
  • capital gains tax (individuals)
  • value added tax
 
Quantitative Methods 1B

This module covers:

  • economic application of calculus
  • confidence intervals
  • introduction to hypothesis testing
  • partial differentiation
  • optimisation of two variables
  • probability
  • random variables
  • sampling distributions
 
 
 

Typical year two modules

Core modules

Audit and Assurance

This module provides an in depth consideration of critical aspects of an assurance engagement, including acceptance, planning, managing, concluding and reporting.

 
Financial Accounting and Reporting I

This module covers reporting framework, concepts and ethics, preparation of single entity and consolidated financial statements, and application of international financial reporting standards.

 
Management Strategy

This module provides you with a theoretical and applied overview of strategic management in today's operational environment. It introduces and analyses the key concepts, frameworks and techniques of strategic management, which allow them to diagnose complex situations related to real-world business development.

 
Strategic Management and Competitive Advantage

This module provides you with a theoretical and applied overview of strategic management in today's operational environment. It introduces and analyses the key concepts, frameworks and techniques of strategic management, which allow them to diagnose complex situations related to real-world business development.

 
Tax Compliance

This module will develop your understanding of:

  • income tax
  • inheritance tax
  • national insurance contributions
  • corporation tax
  • capital gains tax (individuals)
  • value added tax and stamp taxes
  • ethics and law
 

Plus a paid work placement with PwC from September to December.

 
 

Typical year three modules

Core modules

Business Ethics

This module explores business-society relations through the theories and practices of business ethics and social responsibility. The module will consist of two parts.

The first part will address the concept of business ethics, a discussion of citizenship theory and the challenges of globalisation and sustainability. It will also look at the normative nature of ethical theories, how business ethics has evolved and prescriptions from theoretical frameworks as to how business should be managed.

The second part of the module will address the issues, impacts of business on individual stakeholder groups and analyse business ethics and social responsibility in relation to each group.

 
Business Planning: Taxation

The module covers:

  • ethics
  • income tax and NIC
  • employee remuneration
  • unincorporated businesses
  • capital gains tax
  • capital gains tax reliefs
  • inheritance tax
  • personal tax - international aspects
  • the taxation of trusts
  • corporation tax for a single company
  • raising finance
  • corporation tax losses
  • anti-avoidance
  • group relief and consortia
  • chargeable gains groups
  • international expansion
  • corporate anti-avoidance
  • VAT and stamp taxes
  • choice of business structure
  • transformation of owner-managed business
  • corporate re-organisations
 
Corporate Finance

This module will develop your knowledge of financial decision-making and strategic financial decisions, including takeovers and mergers.

 
Financial Accounting and Reporting II

This module covers reporting framework, concepts and ethics, preparation of single entity and consolidated financial statements, and application of international financial reporting standards.

 
Management Accounting and Decisions II

This module will introduce:

  • activity based costing
  • process costing
  • transfer pricing
  • the changing role of the management accountant
 

Plus 10 credits of approved optional modules and a paid work placement with PwC from September to December.

 
 

Typical year four modules

Core modules

Professional Practice

Plus 40 credits of approved optional modules and a paid work placement with PwC from January to May.

 

The modules we offer are inspired by the research interests of our staff and as a result may change for reasons of, for example, research developments or legislation changes. The above list is a sample of typical modules we offer, not a definitive list.

 
 

Paid placements

Offered in collaboration with one of the 'big four' accountancy firms, PricewaterhouseCoopers (PwC), this course includes paid work placements. You'll spend part of your second, third and fourth years at PwC and there are also opportunities to work in other parts of the business as well as in the firm's international offices. If you graduate with a 2:1 (upper-second-class honours degree) or higher, PwC may offer you a full-time position at Senior Associate level.

Our accreditation from the Institute of Chartered Accountants in England and Wales (ICAEW) also means that you'll be exempt from a number of the exams required to become a Chartered Accountant.

"I'd recommend this course for the combination of work placements and university life, achieving accreditation from the professional qualification and a potential job with PwC at the end."
 

Kira Eilfield, BSc Accountancy

 

Careers

The Business School's careers and recruitment service provides targeted and bespoke support to help steer you onto a career path of your choice. You will have opportunities to network with top employers throughout your degree, with many of these companies choosing to sponsor prizes for the highest-performing students in different years of study or particular subjects.

Professional accreditation

This degree programme has been developed in conjunction with the Institute of Chartered Accountants in England and Wales (ICAEW), a professional membership organisation supporting over 140,000 Chartered Accountants across the world.

Successful completion of the programme will lead to you completing 80% of the ICAEW Chartered Accountancy modules along with relevant practical work experience that will count toward your training agreement.

Average starting salary

Providing you successfully complete the programme and are offered a job with PwC, you will earn an average salary of around £25,000.

Careers support and advice

Studying for a degree at the University of Nottingham will provide you with the type of skills and experiences that will prove invaluable in any career, whichever direction you decide to take.

Throughout your time with us, our Careers and Employability Service can work with you to improve your employability skills even further; assisting with job or course applications, searching for appropriate work experience placements and hosting events to bring you closer to a wide range of prospective employers.

Have a look at our careers page for an overview of all the employability support and opportunities that we provide to current students.

The University of Nottingham is the best university in the UK for graduate employment, according to the 2017 The Times and The Sunday Times Good University Guide.

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Fees and funding

Scholarships and bursaries

The University of Nottingham offers a wide range of bursaries and scholarships. These funds can provide you with an additional source of non-repayable financial help. For up to date information regarding tuition fees, visit our fees and finance pages.

Home students*

Over one third of our UK students receive our means-tested core bursary, worth up to £2,000 a year. Full details can be found on our financial support pages.

* A 'home' student is one who meets certain UK residence criteria. These are the same criteria as apply to eligibility for home funding from Student Finance.

International/EU students

Our International Baccalaureate Diploma Excellence Scholarship is available for select students paying overseas fees who achieve 40 points or above in the International Baccalaureate Diploma. We also offer a range of High Achiever Prizes for students from selected countries, schools and colleges to help with the cost of tuition fees. Find out more about scholarships, fees and finance for international students.

 
 
 

Key Information Sets (KIS)


KIS is an initiative that the government has introduced to allow you to compare different courses and universities.

 

How to use the data

Disclaimer
This online prospectus has been drafted in advance of the academic year to which it applies. Every effort has been made to ensure that the information is accurate at the time of publishing, but changes (for example to course content) are likely to occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for the course where there has been an interval between you reading this website and applying.

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gaining practical work experience through paid placements
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Contact

The University of Nottingham

Business School

Jubilee Campus

Nottingham

NG8 1BB
 
 

Student Recruitment Enquiries Centre

The University of Nottingham
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