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    Accounting and Finance with Foundation Year
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    Liverpool John Moores University

    Accounting and Finance with Foundation Year

    Liverpool John Moores University

    Liverpool John Moores University

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    United Kingdom, Liverpool

    University RankQS Ranking
    755

    Key Facts

    Program Level

    Bachelor

    Study Type

    Full Time

    Delivery

    On Campus

    Course Code

    N401

    Campuses

    Mt Pleasant

    Program Language

    English

    Start & Deadlines

    Next Intake DeadlinesSeptember-2023
    Apply to this program

    Go to the official application for the university

    Duration 5 year(s)
    Tuition Fee
    GBP 20,550  / year
    Next Intake September-2023

    Accounting and Finance with Foundation Year

    About

    Why study Accounting and Finance with Foundation Year at Liverpool John Moores University?

    • Awarded a CIMA Global Excellence Award of Global Distinction 2020 for Top Students/Top Student Pass Rates
    • Rated 96% for student satisfaction (National Student Survey (NSS) 2019/2020)
    • Professionally accredited by four of the main accountancy bodies in England and Wales
    • Tutors trained at top accounting firms such as Deloitte, Ernst & Young and Grant Thornton
    • Excellent business links with companies as diverse as Airbus, Matalan, Cummins, Volkswagen Group and NHS
    • Option to work a placement year in industry or study abroad.
    • Opportunities to secure exemptions from UK professional accountancy qualifications once you graduate
    • International Foundation Year course available offering direct progression onto this degree programme - visit LJMU's International Study Centre to find out more

    About your course

    The BSc (Hons) Accounting and Finance at Liverpool John Moores University offers you the chance to secure professional accreditation from the four main accountancy bodies in England and Wales.

    It also gives you a head start on the path to gaining a professional accountancy qualification, as it allows a number of exemptions from UK professional accountancy exams.

    Foundation Year

    The Foundation Year is ideal if you have the interest and ability to study for a degree, but do not have the qualifications to enter directly onto the Accounting and Finance honours degree programme yet.

    Once you pass the Foundation Year (level 3) you will progress directly onto the first year of the honours degree. If you are a full-time UK student, you will qualify for student financial support for the full duration of your course (subject to eligibility criteria).

    One of the benefits of the course is the option of taking a year out to complete a paid placement in industry in the UK or overseas. However, if you prefer not to take a whole year out from your studies, you will have other opportunities for work-related learning. 

    Students on this programme also have the opportunity to spend one or two semesters in their second year on the identical LJMU degree programme at our partner college in Kuala Lumpur, Malaysia, keeping the professional body recognition of their studies at LJMU.  Liverpool Business School also has partnerships with business schools at universities and colleges across Europe, in the USA and in China.  Students can choose to spend an additional year of study at one of our partner universities between the second and third years.  All study abroad opportunities are in English.  There are also many supported opportunities to study at partner universities during summer vacations and Liverpool Business School provides places on language skills courses. 

    Jess took advantage of her sandwich year option and spent a year in industry on a salaried placement at Mersey Internal Audit Agency:

    1. 1
    2. 2

    What you will study on this degree

    Please see guidance below on core and option modules for further information on what you will study.

    This course is currently undergoing its scheduled programme review, which may impact the advertised modules. Programme review is a standard part of the University's approach to quality assurance and enhancement, enabling us to ensure that our courses remain up to date and maintain their high standard and relevancy.


    Once the review is completed, this course website page will be updated to reflect any approved changes to the advertised course. These approved changes will also be communicated to those who apply for the course to ensure they wish to proceed with their application.

    Further guidance on modules

    Modules are designated core or option in accordance with professional body requirements, as applicable, and LJMU's Academic Framework Regulations.

    Whilst you are required to study core modules, optional modules are also included to provide you with an element of choice within the programme. The availability of optional modules may vary from year to year and will be subject to meeting minimum student numbers.

    Where changes to modules are necessary these will be communicated as appropriate.

    Level 3

    Core modules

    Developing Skills for Business
    20 credits

    This module aims to facilitate your development of personal, academic and professional skills as a foundation for your current and future studies in Business related subjects. It will equip you with the tools to become confident and independent learners at university.

    Data Analysis Techniques for Business
    20 credits

    This module equips you with the technical skills to be able to design and produce Microsoft Excel spreadsheets for business use, and to facilitate the development of basic analytical skills.

    Level 4

    Core modules

    Introduction to Financial Accounting
    20 credits

    The aim of the module is to provide you with a sound foundation in basic bookkeeping and accounting techniques. 

    Business Mathematics & Statistics
    20 credits

    This module introduces basic mathematical and statistical concepts and relates them to business and accounting situations and provides a foundation for further studies in business and finance. The module will introduce different data types and approaches required for analysis and enable you to appreciate the role of statistical and mathematical methods in a business environment. 

    Introduction to Economics
    20 credits

    This module will provide you with an introduction to modern economic principles and develop an understanding of micro and macro economics. This module will also provide you with a thorough understanding of how economic policy can impact on the organisation.

    Academic & Professional Awareness
    20 credits

    This module will prepare you for academic life at university and to engage you in the preparation professional skills necessary for future employment. This module provides a firm foundation for undergraduate studies on the accounting and finance programme.

    Introduction to Financial Reporting & Corporate Governance
    20 credits

    This module builds on the module Introduction to Financial Accounting. It develops your financial accounting knowledge and provides an introduction to the regulatory framework of accounting corporate governance and ethics.

    Management & Cost Accounting
    20 credits

    The aim of this module is to explain the principles in designing and evaluating management and cost accounting information systems. 

    Level 5

    Core modules

    Financial Accounting
    20 credits

    This module will enable you to formulate and evaluate financial statements within the context of the prevalent regulatory framework and to demonstrate an awareness of the alternative methods of the preparation of financial statements.

    Management Accounting for Decision Making
    20 credits

    This module will demonstrate the importance of costs and drivers of costs in the production, analysis and use of information for decision-making in organisations. It will provide competencies on how to analyse information on costs, volumes and prices to take short-term decisions on products and services and to develop an understanding of risk on these decisions. You will also learn how to use budgeting as a means of short-term planning to execute the strategy of organisations.

    Financial Management
    20 credits

    This module will provide an introduction to corporate, investment and international finance decision making.

    Data Analysis for Accounting
    20 credits

    This practical focused module will equip you with the technical skills to be able to accurately perform data modelling using Microsoft Excel. The module will facilitate the development of analytical skills.

    Developing Employability
    20 credits

    The aim of this practical module is to provide you with the practical skills necessary to secure undergraduate work experience placements/summer internships and/or graduate employment.

    Law for Accountants
    20 credits

    This module enables you, as potential Accountants, to understand and apply a knowledge of the English Legal System, the basic Law of tort (negligence), the Law of contract, and agency. The module provides an understanding of the legal nature of the limited company and of its constitution; the basic rules for the protection of potential investors; the company law requirements concerning corporate reports and accounts; the duties of directors and auditors; the concept of majority rule and minority protection and the corporate insolvency regimes. This module will enable you to understand the basic principles of English law as it affects practical roles in the Commercial World, providing a greater depth of Company Law as a specialist area.

    Level 6

    Core modules

    Advanced Financial Accounting
    20 credits

    This module will enable you to prepare group financial statements within the context of the prevalent regulatory framework and to demonstrate an awareness of the significance of accounting theory in contemporary and practical contexts. The module allows you to demonstrate advanced accounting techniques and to critically consider these techniques and their alternatives. The module also supports a critical evaluation of accounting theory.

    Strategic Management Accounting
    20 credits

    The aim of this module is to develop more advanced/complex techniques underpinning management accounting and to provide you with current technical and theoretical areas within management accounting. The module is designed to develop advanced knowledge and skill in management accounting theory and techniques.

    Corporate Finance
    20 credits

    The aim of this module is to provide an in-depth analysis of a firm's financing, distribution and risk management decisions. The module evaluates financial and risk management decisions within a corporate environment.

    Managing People and Organisations
    20 credits

    The aim of this module is to provide you with an understanding of management issues/decisions and their impact on individuals and the organisation as a whole. The module will provide an understanding of strategic management issues, to examine the competitive environment and the role of managers/leaders within the organisation. It will also provide an understanding of the relationship between culture and its impact on individual behaviour. 

    Optional modules

    Taxation
    20 credits

    The aim of this module is to give you a sound understanding of the UK tax system. 

    Auditing & Assurance
    20 credits

    This module will develop your knowledge and understanding of the audit process and its application in the context of the external regulatory framework and for business control purposes. The module studies in detail both the systems and risk-based approaches used by practising auditors. The differing roles of external and internal auditors are examined and also considers issues of ethics, independence and corporate governance, the regulatory framework of auditing, the impact of civil and criminal law on auditing and current developments in auditing.

    Personal Finance
    20 credits

    This module will provide you with a rigorous framework of personal finance needed to make personal financial decisions.

    International Finance
    20 credits

    You will learn about international finance and be provided with a understanding of how international finance impacts on the organisation.

    Teaching and work-related learning

    Excellent facilities and learning resources

    We adopt an active blended learning approach, meaning you will experience a combination of face-to-face and online learning during your time at LJMU. This enables you to experience a rich and diverse learning experience and engage fully with your studies.  Our approach ensures that you can easily access support from your personal tutor, either by meeting them on-campus or via a video call to suit your needs.

    Teaching is delivered through a combination of lectures, workshops and seminars and you can expect to have a minimum of 12 hours contact time during each teaching week. Plus you'll be expected to complete independent study and group work and participate in online activities and discussions using our virtual learning environment, Canvas.

    A ‘skills' module at level 4 (Academic & Professional Awareness) and at level 5 (Developing Employability) provide a mechanism through which the necessary personal development, placement and employment search and support activities are provided. 

    Work-related Learning

    Early in level 5 you can decide whether to undertake a paid 48-week work placement in the UK or overseas.  You would do this placement between level 5 and 6.

    Placements give you experience of what it's like to work in the finance sector as well as giving you a chance to put your learning into practice, develop personal skills and enhance your employability.  Not only that, but the experience helps you develop personal skills, enhances your CV and gives you a year's break from academic study.

    Liverpool Business School's Employability Support Unit will help you find suitable vacancies and support you during the application process and whilst on placement.

    Previous Accounting and Finance students have completed placements with organisations as diverse as the NHS, Disney and Unilever. You will have the option of taking a year out to complete a paid 48-week placement in industry in the UK or overseas.

    Support and guidance

    Dedicated personal tutor, plus study skills support

    The Liverpool Business School is a supportive environment in which to study and the 'student-centred approach' of your tutors will ensure that you are given the support and guidance you need.

    When you start you studies, you will be assigned a personal tutor. They will set up one-to-one tutorials with you to discuss a piece of coursework or to work with you on your personal development plan.

    Assessment

    Assessment varies depending on the modules you choose, but will usually include a combination of exams and coursework.

    Assignments are designed to help you put financial theory into practice and demonstrate to future employers that you have the practical skills required to work successfully in your chosen field after graduation.

    Your marks and feedback will be available within 15 working days of submitting a piece of work. That's because we believe that constructive feedback is vital in helping you identify your strengths as well as the areas where you may need to develop further.

    Course tutors

    Our staff are committed to the highest standards of teaching and learning

    Michael Franco

    Programme Leader

    Michael Franco

    Programme Leader

    Mike Franco is an experienced academic and Programme Leader responsible for Accounting and Finance programmes at Liverpool John Moores University.  Mike has been Programme Leader at Liverpool John Moores University since 2010. His recent publications are concerned with topics such as studentification, the future of cities, and diversification. 

    As Programme Leader for Accounting and Finance he takes an active role in teaching and his principle research interests are in the field of quality assurance and enhancement within higher education.

    Facilities

    What you can expect from your School

    The School is based in the Redmonds Building, in the heart of the bustling Mount Pleasant Campus and Liverpool's growing Knowledge Quarter. The building is home to high quality lecture theatres and seminar rooms, social spaces, a café and a roof terrace with far reaching views of the cityscape and welsh hills. It is only a short walk from LJMU's Aldham Robarts Library, which contains all the resources you will require for your studies, and is open 24 hours a day, seven days a week. 

    Disciplines

    Faculty of Business and Law

    Requirements

    Entry Requirements

    Applicants require a High School Certificate (Tawjihi) plus 1 year of further study to include: Community College Certificate / Diploma / General Vocational Secondary Education Certificate For entry onto the first year. A-level applicants require 104 points are required and students studying the International Baccalaureate Diploma will need to achieve 27 points or more for first year entry.

    Career

    A degree in Accounting and Finance opens up a huge range of potential careers because the success or failure of an organisation is ultimately determined by its financial performance.

    Liverpool Business School has historically had an excellent employment record with graduates securing graduate-level positions with leading employers in public and private sectors.  These include Everton Football Club, Kellogg company, Santander and Deloitte.

    Most of our Accounting and Finance graduates complete three-year training contracts with professional accountancy firms or private/public sector organisations while studying part time for their remaining professional accountancy exams. Many contracts enable you to specialise in areas such as audit/assurance, tax, corporate finance, and business advice/consulting.

    Outside accountancy, graduates have forged successful careers within retail and investment banks, financial services, finance companies, building societies and so on. However, if you do want to work in investment analysis and financial services, we advise you to qualify as a professional accountant first. This respected qualification gives you a solid platform from which to build your career, and once you qualify, there will be plenty of opportunities to move between different roles and industries in the UK and abroad. Recent graduates have found roles within organisations such as Lloyds TSB, Barclays, MBNA, The Bank of New York, Ulster Bank and WGZ Bank.

    Student Futures - Careers, Employability and Enterprise Service

    We are committed to ensuring all our students experience a transformation in their employability skills and mindset and their career trajectory. A wide range of opportunities and support is available to you, within and beyond your course.

    Every undergraduate curriculum includes Future Focus during Level 4, an e-learning resource and workshop designed to help you to develop your talents, passion and purpose. It will enable you to become more proactive, adaptable and resilient in your awareness and approach to career possibilities.

    Every student has access to Careers Zone 24/7, LJMU's state-of-the-art suite of online tools, resources and jobs board. There are opportunities for flexible, paid and part-time work through Unitemps, LJMU's in-house recruitment service, ensuring students can build experience whilst they study.

    One-to-one careers and employability advice is available via our campus-based Careers Zones to accelerate your job search and applications, CV and interview technique. Themed careers and employability workshops, a programme of employer events and recruitment fairs run throughout the year and students have the opportunity to hear from a range of alumni who openly share their own onward experience.

    Student Futures work with businesses to create opportunities for fully funded internships which help students increase their network within the Liverpool City Region and beyond. Our Start-Up Hub can help you to grow your enterprise skills and to research, plan and start your own business or become a freelancer.

    A suite of learning experiences, services and opportunities is available to final year students to help ensure you leave with a great onward plan. You can access LJMU's Careers, Employability and Enterprise Services after you graduate and return for one-to-one support for life.

    Fee Information

    Tuition Fee

    GBP 20,550  / year

    How to Apply

    All applications for September 2023 entry must be submitted by Friday 30 June 2023. Once an offer has been made, applicants will have a further 28 days to pay a deposit for the course. Failure to do so, may result in your offer being cancelled.

    When you apply to LJMU via UCAS, your ability to achieve the entry criteria is just one area that we take into account. Another important part of the application form is your personal statement, which is an opportunity for you to tell us about yourself. You should include your skills, relevant interests and hobbies, along with why you want to study the course. 

    Any work experience or voluntary work should be mentioned here, but don’t just state where and when, tell us about what you have learned and why you enjoyed it. We are looking for motivation, commitment and enthusiasm. This is your opportunity to convince us why you would like to study on the course you have chosen at LJMU.

    If you need further help in filling in your UCAS form there are full instructions at ucas.com or you can contact UCAS direct: +44 330 3330 230 open Monday to Friday, 8.30am-6pm (GMT)

    You can submit your application to UCAS from 6 September for entry in September the following year. We advise early applications as some courses become full. The final application deadline for International students is 1 April 2023.

    Additional requirements

    In addition to satisfying the general academic criteria, you will also need to demonstrate your English language proficiency. The English language level required is also listed alongside each course in this. You are advised to check our online course information for detailed and up-to-date entry requirements for specific degrees.

    If you miss the deadline for applications, don’t worry, as applications for many courses can be made through UCAS Clearing.

    Once you have applied UCAS sends the applications to us and we pass them to the Admissions Officer responsible for selecting students for each course. Every application is considered very carefully and you will be notified by UCAS whether or not your application has been successful. You can also track your application and make your decisions online via UCAS Track.

    Liverpool John Moores University

    Accounting and Finance with Foundation Year

    Liverpool John Moores University

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    United Kingdom,

    Liverpool

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