Triangle

Course overview

Our BSc Accountancy Flying Start degree is an innovative course aimed at students who want to become ICAEW Chartered Accountants. This four-year programme is sponsored by PwC and overseen by the ICAEW.

You will spend three to four months on paid work placement at PwC in your second, third and fourth years, assisting on real client work. You'll be supported by a network of staff from both the Business School and PwC.

You will get a solid grounding in fundamental disciplines including business finance, financial and management accounting, and business law. In addition, many of the modules you will study carry accreditation towards the ACA accountancy qualification.

You can also follow your interests and career aspirations by selecting from optional modules alongside your core subjects. You could choose from areas such as entrepreneurship, risk management and corporate governance.

You have the option to take industry-recognised digital qualifications by Microsoft and SAP alongside your course, which will develop your digital skills and help you stand out to future employers.

You will graduate with all the knowledge, practical skills and confidence you need as you start your career, with many of our students offered positions with PwC after they graduate.

Why choose this course?

Work at PwC

Includes paid work placements with PwC, within their Audit practice

PwC graduate prospects

If you graduate with a 2:1 or higher, PwC may offer you a full-time position at Senior Associate level

Eligible for exemption

On graduation, you'll be eligible for exemption from the Certificate and Professional level papers for the ICAEW's ACA qualification

Become an accountant

Become a fully qualified Chartered Accountant just over a year after graduation (having successfully completed the Advanced level papers of the ICAEW's ACA qualification)

Gain digital skills

We offer the opportunity to take industry-recognised Microsoft and SAP certifications at significant discounts from the open market rate

Triple accredited

Nottingham University Business School is EQUIS, AMBA and AACSB accredited and recognised as an ICAEW Partner in Learning


Entry requirements

All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements below apply to 2023 entry.

UK entry requirements
A level AAA excluding general studies, critical thinking, and citizenship studies
Required subjects

We require GCSE Maths grade 6 (B)

IB score 34

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 on our mature students webpage.

Notes for applicants

Following the review of your UCAS application, we may also invite you to complete some online assessments which will include an online interview. Selected applicants will then be invited to attend an open day and assessment centre, which includes a group exercise, before a decision is made.

We welcome applications from mature candidates and consider academic and professional backgrounds on an individual basis. We also consider alternative qualifications.

Please note, we do not accept entry or transfer from another university into year two or above on any of our undergraduate degrees.

Learning and assessment

How you will learn

You will be taught through a balanced mix of conventional lectures, small groups, project teams, and one-to-one tutorials.

Our teaching is underpinned by internationally recognised research and benefits from contributions by leading practitioners from industry.

As one of the first business schools to sign up to the UN’s Principles for Responsible Management Education (PRME), our commitment to sustainable business practice is evident and integrated into all our programmes.

You will have many opportunities to broaden your skills and experience by attending talks and workshops, gaining new networks and by taking part in community projects, programmes and competitions while studying at Nottingham University Business School.

Visit our open days on demand to watch pre-recorded lectures and general talks and see some of our lecturers in action.

Digital professional skills certifications

We offer the opportunity for you to take industry-recognised Microsoft and SAP certifications alongside your degree programme at significant discounts from the open market rate. This will enhance your digital capability, differentiate your CV and help you stand out to future employers. Find out more on our digital professional skills website.

Teaching methods

  • Computer labs
  • Lectures
  • Tutorials
  • Placements

How you will be assessed

Methods of assessment vary, with some modules assessed by formal exam, some by coursework and some by a combination of both. The nature of coursework also varies and includes individual essays, group and individual projects, case studies and assessed presentations.

Assessment methods

  • Coursework
  • Examinations
  • Presentation
  • Reflective portfolios

Contact time and study hours

You will have at least 8 to 12 hours per week of contact time at lectures, seminars and tutorials, depending on your programme and year of study. You will also be expected to undertake independent study, which is likely to increase as you progress through your programme.

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, allowing you to gain essential industry experience before graduating.

The Flying Start Degree Programme

Developed in partnership with ICAEW and PwC.

Modules

Your first year will cover financial and management accounting, assurance, principles of taxation, business law, principles of economics, quantitative methods and business computing.

You will also find out where you will be placed with PwC in year two onwards.

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
  • to 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

This module will cover:

  • 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
  • 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.

Economic Principles

This module introduces you to the microeconomic theory of the market, firm and consumer, and to the nature and scope of the macroeconomic policy agenda, developing the analytical frameworks necessary for the evaluation of policy instruments. The module enables you to understand the economic arguments that underlie different views and to evaluate relevant arguments.

Topics include: market demand, supply and equilibrium; firm production and costs; market structure (perfect competition, oligopoly, monopoly); consumer theory; market failure; asymmetric information; externalities; aggregate demand; money and interest rates; aggregate supply; unemployment and inflation; balance of payments and exchange rates.

This module provides you with the opportunity to apply for CIMA accreditation in the CIMA paper: Fundamentals of Business Economics. It also provides you with the foundations to build upon in quantitative and econometric modules which provides you with the opportunity to apply for additional CIMA accreditation.

Fundamentals of Financial and Management Accounting

This module covers:

  • key accounting concepts
  • the impact of accounting policy selection
  • the recording and collating of accounting information, including double entry bookkeeping
  • preparation of financial statement from accounting data
  • cost concepts and allocation of manufacturing overheads
  • absorption and variable costing
  • cost-volume-profit analysis
  • relevant costing
  • budgeting
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

One of:

Quantitative Methods 1A

This module introduces you to:

  • numbers
  • algebra
  • functions
  • equations
  • exponents
  • logarithms
  • descriptive statistics
  • differentiation
  • optimisation
  • integration
Work and Society

This module explores the nature of work and society. It will look at the development of our understanding of work and society. The development of the industrial and the post-industrial society will be explored and its impact on the nature of work, organisation and management.

There will be a historical and critical review of the schools of thought and key writers. Examples of research into individual and group experiences of work, organisation and management will be discussed.

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the module catalogue for information on available modules. This content was last updated on Thursday 26 May 2022.

After a study block in early September on audit and assurance, you will spend September to December on placement with PwC. You will assist on real client work, applying the knowledge you have learnt earlier in the course.

Returning to your studies in January, you will take modules on tax compliance, financial accounting and reporting, and corporate finance.

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.

Corporate Finance

This module concentrates on the major investment and financing decisions made by managers within a firm.

Financial Accounting and Reporting I

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.

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.

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the module catalogue for information on available modules. This content was last updated on

You will start year three by undertaking another block of study in early September on financial accounting and reporting.

Following this, you will spend September to December on placement, where you will take on more complex work before returning to your studies in January.

Core modules

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
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

This module introduces:

  • cost concepts and allocation of manufacturing overheads
  • absorption and variable costing
  • cost-volume-profit analysis
  • relevant costing
  • budgeting 
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.

Optional modules

You must take one or two modules from:

Behavioural Economics and Finance

This module will provide you with an understanding of methods, results and models of behavioural economics and behavioural finance. We will talk about experiments and their importance in several fields. Within this context we will cover topics such as:

  • how to design an experiment
  • asset markets
  • labour markets
  • social dilemmas
  • bargaining
  • contests
  • behavioural finance
  • market structure
  • risk

You will learn how to design your own experiment and how to interpret empirical results.

Plant Location and Design

This module provides an understanding of the factors which influence a company's choice of location, and of how to approach the design of layouts to support a company's strategic objectives and maximise the efficiency of its operations.

Risk Management Processes

This module will discuss the processes utilised by corporate enterprises to manage the risk of fortuitous loss. Once corporate risks have been identified and their impact on the firm measured, risk management attempts to control the size and frequency of loss, and to finance those fortuitous losses which do occur. 

Strategic Innovation Management

This module introduces you to key strategy and innovation concepts and tools which are relevant to dynamic markets in which there is rapid change in knowledge and skills, technologies, products, and services. Topics covered include:

  • creating and sustaining competitive advantage in dynamic markets
  • dynamic capabilities
  • first and second mover advantages in innovation
  • industry life cycles
  • new product development and technology lock-ins
  • innovation in services (public and private sector) 
Technology Entrepreneurship in Practice

This module aims to provide you with the skills, knowledge and practical experience required to respond to the challenges involved in managing, commercialising and marketing technological innovation and new business development.

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

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the module catalogue for information on available modules. This content was last updated on

Starting your final year in late September, you will study contemporary issues in accounting, also choosing from a range of optional modules.

Your studies at the university will conclude in early February and you will then undertake the Professional Practice module during your final placement, ending in May.

After the course, if you have performed strongly, you could be offered a full-time role at PwC.

Core modules

Contemporary Issues in Accounting

This module will consist of a range of topical issues from accounting, finance and taxation which build upon the knowledge gained in these areas in the degree so far.

Professional Practice

An introduction to a variety of models and exemplars to support you in understanding and articulating your personal learning style and negotiation of the journey from new undergraduate to BSc Accountancy graduand.

This is the final module undertaken in the degree. It emphasises the employability skills and professional development aspects of the programme and also requires you to reflect upon the integrated placement segments of the programme.

Example optional modules

You must take between two and four modules from:

Business, Government and Public Policy

You will be encouraged to understand the political and institutional frameworks within which business operates. Businesses do not simply react to policies set by government however; they are intimately involved in the processes of policy formation and decision making will be examined. You will be encouraged to think critically about policy formation and the role of business in this process.

Corporate Restructuring and Governance

This module examines the antecedents and consequences of corporate restructuring. Factors triggering corporate restructuring are considered in a number of alternative organisational settings. In particular, the role of corporate governance in inducing and shaping corporate restructuring receives special attention (in particular, executive compensation and the market for corporate control).

The process of restructuring is discussed against a background of resource-based, agency and behavioural theories of the firm. The impact of corporate restructuring on the size, complexity, incentive systems and ownership structure of large firms is examined. Finally, the evidence relating to the effects of corporate restructuring on performance, employment, R&D and corporate governance is examined.

Entrepreneurship for Social Change

The module includes lecture content to consider the background, need for, and potential of ‘entrepreneurship for social change’. This includes reviewing

  • the fundamentals of the business and society relationship
  • the emergence and potential of social and environmental entrepreneurship
  • the organisational forms where entrepreneurship for social changes takes place, for example, Cooperatives, Charitable Foundations, Social Enterprises, B-Corps
  • the ecosystem that supports entrepreneurship for social change, for example, social venture capitalists, institutions, networks

Further, the module introduces a series of concepts and engages you in using practice tools/ frameworks for entrepreneurship for social change, at times these will be anchored by the UN’s SDGs.

Financial Economics

This module presents an introduction to Financial Economics focusing on topics such as:

  • the determination of interest rates
  • the role of financial institutions in the financial and monetary system
  • banking regulation
  • risk management in banks
International Finance

This module discusses and analyses the management of the international finance function of firms. Typical issues include:

  • foreign exchange markets
  • foreign exchange and other international risks
  • international financial markets
  • international investment decisions
  • foreign trade 
Law and Economics

This module covers:

  • introduction to law and economics: the Coase theorem, property rights and transaction costs
  • economics of corporate law: ownership, agency and governance structures
  • economics of contract law: efficient breach and efficient remedies
  • economics of tort law: efficient liability rules
  • economics of criminal law: fines and imprisonment
  • economics of legal processes: litigation, settlement and trial
  • competitive markets: products liability
  • non-competitive markets: economics of antitrust law and regulation
Managing Information Technologies and Systems

This module provides a broad-based introduction to the theory and practice of using computer and communication systems to solve problems in organisations.

The module is designed to provide the theoretical knowledge and technology-based insights needed in order to manage effective problem solving with information technologies and systems (IT&S), and to extract the most value from an actual or potential application of IT&S.

Specific domains include the strategic management of IT&S; the development, implementation and use of IT&S; the impacts of specific IT&S on organisational forms and activities.

Purchasing Strategies and Techniques

This module covers:

  • introduction to purchasing - its importance, role and impact in organisations
  • strategic sourcing decisions and approaches
  • the stages of a typical purchasing process and introduction to various tools buyers use
  • internal organisation of the purchasing function such as centralisation vs decentralisation
  • supplier evaluation and selection issues, total cost of ownership (TCO) and quotation analysis
  • portfolio and segmentation approaches to supplier management
  • incentives and behavioural issues in managing suppliers
  • negotiations
  • special issues in purchasing: service sourcing and public procurement
  • industrial case studies
Risk, Information and Insurance

This module examines individual decision-making under conditions of risk and uncertainty, and investigates the effectiveness of insurance as a means of controlling risk.

Plus a paid work placement with PwC from February to May.

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the module catalogue for information on available modules. This content was last updated on

Fees and funding

Qualification BSc
Home / UK £9,250 per year (BSc Accountancy students pay full fees in year one and 85% in years two to four. For more information, contact the Business School.)
International TBC

*For full details including fees for part-time students and reduced fees during your time studying abroad or on placement (where applicable), see our fees page.

If you are a student from the EU, EEA or Switzerland, you may be asked to complete a fee status questionnaire and your answers will be assessed using guidance issued by the UK Council for International Student Affairs (UKCISA) .

Additional costs

As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses.

You should be able to access most of the books you’ll need through our libraries, though the library will hold only a limited number of copies of core texts and these are in high demand during term and revision periods, so purchasing your own copy is advisable.

PwC compensates for travel expenses to the placement office in accordance with their expenses policy. You will also be paid a competitive salary while on placement.

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.

PwC’s Flying Start Financial Bursary

The Flying Start financial bursary is aimed at supporting students with the day-to-day costs of university life. At PwC, the development and wellbeing of our people is paramount and we’re delighted to be able to award such a substantial bursary to support our students to be the best they can be. If you meet the eligibility, and you join one of our applicable Flying Start Accounting programmes in autumn 2023, a £10,000 bursary will be awarded to you, split across the four years of the degree.

If you believe you’re eligible for the financial bursary and you apply for one of the applicable Flying Start Accounting programmes then we’ll be in touch with you during the application process to outline the next steps. This is a fantastic opportunity to develop your confidence, your skills for the future, and your experience of work and university, all while being supported financially.

The criteria for the bursary is set out below which you can review to determine your own eligibility. You must have:

  • ‘Home Funding’ status, which means you’re living in the UK or Republic of Ireland, and EU nationals with settled status in the UK
  • Applied to study on the Flying Start Accounting undergraduate degree programme (and subsequently successfully start on the programme in September 2023)
  • Have a household income of <£35,000 per annum as assessed by Student Finance (this will be assessed once you are accepted onto the degree programme and apply to Student Finance)
  • Demonstrate a commitment to a career in Audit at PwC during the assessment process
  • Attended a non-fee paying school (unless you received a bursary or scholarship to attend in which case we’ll review on a case-by-case basis)

Home students*

Over one third of our UK students receive our means-tested core bursary, worth up to £1,000 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 students

We offer a range of international undergraduate scholarships for high-achieving international scholars who can put their Nottingham degree to great use in their careers.

International scholarships

Careers

We actively seek to develop your practical business, leadership and management skills through a range of professional development programmes.

Increasingly, graduates are required to be cloud and data-ready for the workplace with 66% of employers wanting to see graduates achieve professional qualifications as well as their main degree (CMI 21st Century leaders report). The school works with some of the world’s leading business software providers including SAP and Microsoft, offering the option to take their globally recognised professional digital qualifications alongside your course. Our Digital Centre of Excellence will support you so that you can develop the digital skills necessary to pursue your chosen career and stand out to future employers.

Our employer programme enables you to network with top employers throughout your degree, with many of these companies choosing to sponsor prizes for high-performing students.

Graduate destinations

Our graduates are highly sought after, gaining employment in accountancy, banking and other financial services. If you graduate with a 2:1 or higher on our BSc Accountancy, PwC may offer you a full-time position as a Senior Associate, where you'll earn a very competitive salary. In 2018, all of our Flying Start graduates were offered positions at PwC.

Recent Business School graduates have also gone on to work at prestigious companies including Barclays, EY, and Morgan Stanley.

Average starting salary and career progression

If you graduate with a 2:1 or higher, PwC may offer you a full-time position at Senior Associate level, where you will earn a very competitive salary.

88% of undergraduates from Nottingham University Business School secured graduate level employment or further study within 15 months of graduation. The average annual salary for these graduates was £29,537.*

* Data from University of Nottingham graduates, 2017-2019. HESA Graduate Outcomes. Sample sizes vary. The average annual salary is based on graduates working full-time within the UK.

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 consistently named as one of the most targeted universities by Britain’s leading graduate employers (Ranked in the top ten in The Graduate Market in 2013-2020, High Fliers Research).

Institute of Chartered Accountants in England and Wales

Nottingham University Business School is recognised as an Institute of Chartered Accountants in England and Wales (ICAEW) Partner in Learning, working with ICAEW in the professional development of students.

Successful completion of the course 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.

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" The best part of my course is the work placements at PwC. These are guaranteed as part of the programme. The placements allowed me to apply what I had been learning in lectures and develop my professional skills. During each of my placements, the teaching and support by the university was fantastic and helped me prepare for examinations upon my return to campus. "
Thomas Joshua Marriott, BSc Accountancy

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Important information

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.