Course Overview
This pioneering four year degree is run in partnership with leading accountancy firm Ernst & Young. It incorporates paid placements of up to 18 months, a first year bursary, and a fast-track to chartered accountant status with the Institute of Chartered Accountants of Scotland (ICAS).
You'll begin your studies taking three compulsory modules: Introduction to Accounting and Finance, Principles of Economics, and Statistics and Computing for Management/Operational Research. In your second year you will take subjects including Principles of Financial Accounting; Introduction to Management Accounting; and Accounting Information Systems and Auditing. You'll also take a three-month paid placement between January and March.
In your third year you'll complete a full one-year placement before returning to Lancaster for your final year to study subjects including Financial Accounting and Issues in Auditing.
Please note: Any offer for this degree will only be made after successful attendance at a selection workshop organised by Ernst & Young in collaboration with the University.
Related Courses
Modules
Lancaster degree programmes are flexible, offering students the opportunity to cover a wide selection of subject areas to compliment their degree. The following is an example list of modules which our previous students have studied. For a full list contact the Accounting and Finance department.
Year 1
- Introduction to Accounting and Finance
- Principles of Economics
- Statistics and Computing for Management
- Introduction to Management Science / Operational Research
Year 2
- Accounting Information Systems and Auditing
- Management Accounting for Business Decisions
- Principles of Finance
- Business Law
- Principles of Financial Accounting
- Statistical Methods for Business
Year 3
- Assurance and Business Systems
- Advanced Finance
- Dissertation
Year 4
- Financial Accounting I
- Advanced Management Accounting
- Issues in Auditing
- Corporate Finance
- Financial Accounting II
- Bond Markets
- Quantitative Finance
- Taxation
Lancaster University offers the chance to follow a structured study programme or the option to devise a more flexible programme. We divide academic study into 2 sections - Part 1 (Year 1) and Part 2 (Year 2, 3 and sometimes 4). In Part 1 you will take three modules of study which, depending upon your programme, will be drawn from one, two or three different academic subjects, a higher degree of specialisation then develops in subsequent years. For more information about our teaching methods at Lancaster visit our Teaching and Learning section.
For further information about the department, staff and courses please visit the Accounting and Finance department website.
Entry Criteria
A-level: AAA - A*AB usually at first sitting
Key skills: Not included in offer
Preference: Two or more A-levels
GCSE: Maths (minimum grade B), and English Language (minimum grade B)
Scottish Highers: AAABB
Irish Leaving Cert: Offers will be made on the basis of 5 or 6 Higher level subjects. Please contact the Undergraduate Admissions Office (01524 592028) for further information
International Bacc: 36 points overall with 16 points from the best three HL subjects
IELTS: 6.5 or an English Language qualification, depending on past study, equivalent to IELTS 6.5 (minimum 6.0 in all elements)
BTEC: DDD
Note: Offers will only be made after successful completion of the full selection process including selection workshop.
Careers
All our Accounting and Finance degrees prepare you for a wide variety of careers in business, with many of our graduates working with professional firms and financial institutions, as well as large commercial and local government organisations. Roles include trainee accountants, finance managers and banking advisors.
Your degree will also equip you with highly desirable transferable skills which have helped recent graduates find work in the fields of financial customer service, IT support and marketing and communications. Several graduates have also continued their academic studies and embarked on Masters degrees.
Lancaster University is dedicated to ensuring you not only gain a highly reputable degree, you also graduate with the relevant life and work based skills. We are unique in that every student is eligible to participate in The Lancaster Award which offers you the opportunity to complete key activities such as work experience, employability awareness, career development, campus community and social development. Visit our Employability section for full details.
Lancaster Management School has an award winning careers team to provide a dedicated careers and placement service offering a range of innovative services for management school students. Our high reputation means we attract a wide range of leading global employers to campus offering you the opportunity to interact with graduate recruiters from day 1 of your degree.
Studying
Teaching and Learning Methods
At Lancaster we offer a broad range of learning environments which include the traditional lecture-tutorial , interactive workshops, laboratory and practical activities, student-led seminars and web-based delivery.
The modules which make up a programme of study are assessed using a variety of different methods, enabling students to demonstrate their capabilities in a range of ways. Typical coursework assignments include laboratory reports, essays, literature reviews, short tests, poster sessions, group work assessment and oral presentations. Formal examinations include short answer questions, essays and data analysis. Students are supported in the production of final year project reports and dissertations. Details of the assessment methods for individual modules can be accessed via the university's online module catalogue.
In addition to these learning and teaching methods we encourage independent study, meaning you take responsibility for your own learning. For more information visit our Teaching Approach page.
Assessment Methods
We offer you a variety of stimulating and effective approaches to teaching, learning and assessment. This enables you and your tutors to explore the very latest thinking within your subject and develops your skills in problem solving, analysis and critical reflection, communication, application of knowledge and modern technologies.
As a University, we commit to providing all our undergraduates with a minimum number of contact hours per week, providing you with timely feedback on your work and a maximum number of 15 students per seminar group.
Funding
Lancaster University has committed £2.7m in scholarships and bursaries to help with your fees and living costs. Our financial support depends on your circumstances and how well you do in your A-levels (or equivalent academic qualifications) before starting study with us.
Lancaster University's priority is to support every student to make the most of their life and education. For students starting their study with us in 2014, over 600 each year will be entitled to bursaries and/or scholarships to help them with the cost of fees and/or living expenses. For UK students entering in 2014 we will have the following financial support available:
- An Academic Scholarship of £2,000 for the first year of study to any student from the UK entering with A*, A*, A or equivalent academic qualifications
- An Access Scholarship of £1,000 per year for all UK students from households with an income of less than £42,600 who achieve grades of A*, A, A or the equivalent academic qualifications
- A Lancaster Bursary of £1,000 per annum for all students from England with a household income of more than £25,000 but less than £42,600
- As part of the National Scholarship Programme, a £1,000 Bursary, a £1,000 Fee Waiver and a £1,000 Accommodation Discount in the first year of study, for students from England with a household income of less than £25,000. Plus a Lancaster Bursary of £1,000 in subsequent years.
*All of the financial awards above are subject to approval by the Office for Fair Access July 2013.
For full details of the University's financial support packages including eligibility criteria, please visit our fees and funding page
View details of our current Undergraduate fees.
