University of East London Homepage


Programme Specification for Accounting BA (Hons) or Combined Honours

This programme is no longer recruiting. Please refer to the updated specification of the same name.

Final award

BA (Hons) or Combined Honours

Intermediate awards available

Certificate in Higher Education

Diploma in Higher Education

UCAS code

N400

Details of professional body accreditation

The programme has been accredited by the Association of Chartered Certified Accountants (ACCA).
Accounting single honours graduates and those graduating with a Major in Accounting receive exemptions from the whole of the ACCA Fundamentals papers (F1 to F9) providing they choose appropriate options: this is the maximum possible level of exemption.

Relevant QAA Benchmark statements

Accounting

Date specification last up-dated

July 2008

Profile

The summary - UCAS programme profile

BANNER BOX:

In the Subject Review of Accountancy at UEL held in December 2004, carried out by the independent Quality Assurance Agency, the quality of Teaching and Learning, and of Learning Resources, were found to be “commendable”, the highest rating available.

ENTRY REQUIREMENTS

Applicants normally need to have either:

200 UCAS tariff points at with at least two A2 passes, or 160 points from AVCE
24 points (pass) International Baccalaureate
Pass in a recognised Access course or International Foundation programme

In addition to the above, we require GCSE Maths grade C and English grade C or equivalents, unless competency is part of the qualification gained.

We also welcome mature student applicants and those with relevant professional and vocational qualifications, and these will be dealt with on an individual basis and may require an interview.

Students that apply to enter Year 2 or 3 of the programme may be admitted through normal Accreditation of Experiential Learning (AEL) or Accreditation of Certificated Learning (ACL) processes, or through an approved articulation agreement. Therefore such applicants must be able to demonstrate and evidence that they have the required learning outcomes as listed in the modules for which they are seeking exemption.

In the case of applicants whose mother tongue is not English, then IELTS 6.0 (or equivalent) is required, with no skill level below 5.0. International qualifications will be checked for appropriate marticulation to UK Higher Education undergraduate programmes.

ABOUT THE PROGRAMME

What is Accountancy?

Accountancy is about providing financial information to many different types of people: managers, investors, lenders, suppliers of goods and services, customers, and governmental agencies amongst many others.

The complex nature of business and organisations demands a high level of skill in analysing and interpreting financial data, so that accountants are always in demand.

Accountancy is of central importance to a business: a reflection of its crucial nature is that many of the senior managers in companies of all sizes started their career as accountants.

Accounting at UEL

The BA (Hons) Accounting gives students the opportunity to acquire the in–depth knowledge of accounting and the range of skills they need to embark on a successful career in accounting or in the finance area, a professional qualification or postgraduate study.

You do not need prior knowledge of accounting to join the programme: the first year provides a foundation in accounting and related subjects.

The programme has option modules in the second and third year, enabling students to follow their own interests.

In their third year, modules contain a large element of independent research and learning, and students undertake a research-based module where they investigate and report on a topic reflecting their own interests.

Past accounting graduates have obtained senior positions in a variety of areas, both in accounting and in the wider business field.

Programme structure

The BA (Hons) Accounting is a three-year full-time programme, although it can be studied on a part-time basis.

There are two semesters in each year of study, and in each semester a full-time student would study and be assessed in three modules. Each module carries a credit value of 20.

There is no separate part-time mode of attendance but a student can decide to study on a part-time basis. They will study modules alongside full-time students. A part-time student can take up to two modules in a semester and a maximum of four over one year.

Learning environment

The programme is taught at our brand new Docklands campus, which has extensive state-of-the-art resources. Modules are taught by a mixture of weekly lectures, tutorials or workshops.

The university library has an extensive range of books, journals and PC facilities for students, and includes the “Skillszone”, a friendly centre which can give students opportunities to acquire many different skills in addition to their main studies. For example, they have learning materials to help you develop your skills in other languages, or to develop skills if you want to be self-employed.

There are a large number of PCs available to students on the campus itself, and students can access the university network, which has an extensive range of on-line facilities, and the internet and electronic databases.

The accounting course develops student IT-related skills in the use of word-processing, spreadsheets and Powerpoint; in commercial accounting software applications, and in searching on-line data bases.

Work experience/placement opportunities

-

Assessment

Each module is assessed during the semester in which it occurs.

In the first year, assessment is mainly by coursework. First year results do not count towards the degree classification.

In the second and third years, assessment is by a mixture of coursework and end of semester examinations, with the proportion of coursework varying from 30% to 50%. Coursework includes case study analysis, essays, reports, skills portfolio, financial model construction and presentations.

Degree classifications are based on performance in the second and third level modules, with third level modules being more heavily weighted.

Project work

There is a compulsory final year “Business Report” module. Students will carry out a literature review in an area of their choice, and use the knowledge gained and further research as appropriate to address an issue in accounting or finance.

Students will be supported and their progress regularly monitored by their academic supervisor.

Added value

The significant level of exemptions from ACCA which are available to Accounting single honours graduates or those majoring in Accounting is of considerable advantage to UEL students who wish to obtain a professional accounting qualification. In addition, the course enables students to develop skills and knowledge that will help graduates prepare for the Professional level examinations (for which ACCA requires all students to sit the ACCA examination papers).

Many modules enable students to carry out research and produce a major piece of work in a variety of areas, which is good preparation for postgraduate study, and also enables students to demonstrate their abilities to potential employers.

There is a strong emphasis on the acquisition of intellectual and transferable skills, such as communication skills. Surveys show that these skills are valued by employers, and this should be helpful for employability after graduation.

IS THIS THE PROGRAMME FOR ME?

If you are interested in...

  • Acquiring knowledge and expertise in accounting
  • Carrying out research into accounting
  • Gaining employment-related skills in a sought-after area
  • Learning how accountants can influence decisions

If you enjoy...

  • Analysing and interpreting financial information
  • Using the capabilities of computers
  • Working in an accounting environment

If you want...

  • A career in the accounting, finance or business area
  • To be able to carry out independent research in accounting and finance topics
  • A good start when you graduate
  • To study in a friendly and supportive atmosphere

Your future career

Skills in accounting, financial analysis and financial management are an advantage to any manager, whatever their discipline or the type of organisation they may work in. Directly related careers might include: Practising accountants, Finance directors, Management accountants, Financial analysts, Financial controllers, Project accountants, Tax advisers, Internal auditors, Financial journalists, Independent financial advisers

An accounting degree will create career opportunities in commercial banking, corporate finance or in the insurance industry.

Students may also go on to further academic study e.g. MSc Financial Management at UEL, or to complete professional qualifications.

How we support you

Students joining the programme have an induction programme before they start the course, at which they will meet with their personal tutor whom they will see regularly, especially in their first year. The teaching staff are easily accessible and always willing to give help and advice.

First year students are supported by a programme designed to help them develop study skills such as IT skills and using the library, report and essay writing, and working in groups. They will have the opportunity to seek out sources of information and to present information to others.

Skillzone is always happy to offer advice and help on acquiring a variety of skills.

Presentations by professional accountancy bodies are arranged to enable students to keep up to date with developments in these bodies' examination structures and registration requirements.

A second year module enables students to explore careers options, and find strategies to maximise employability skills. The Careers Service gives students advice on job applications, preparing CVs, and where to apply. They also arrange Careers Fairs.

Central university services include counselling and a special needs advisor.

Outcomes

Programme aims and learning outcomes

What is this programme designed to achieve?

This programme is designed to give you the opportunity to:

Aims: General

  • to contribute to the achievement of the University’s vision to widen opportunity, access and provision to non-traditional students
  • to enhance students’ capability to find rewarding, satisfying and productive employment
  • to obtain, for single honours graduates, recognition for their award and a high level of professional examination paper exemptions from the UK accountancy bodies
  • to provide students with a relevant, interesting and stimulating learning experience, and an element of choice in the construction of their programme of study
  • to engender a life long learning attitude by students that may help create employment opportunities, future career development and further study

Aims: Programme-specific:

  • a structure designed to provide graduates with a thorough grounding in accounting and the concepts that underlay it
  • a structure that allows students to develop a broad and detailed understanding of financial reporting requirements, including the broader regulatory, social and legal framework, and an understanding of current issues
  • a programme designed to develop students’ conceptual understanding and technical competence in managerial accounting, and an understanding of current issues
  • a programme designed to promote an appropriate awareness of information technology and competence in its use

What will you learn?

Knowledge of

  • the business environment and the regulatory framework within which accounting operates (Maj)
  • financial accounting, in line with current reporting standards (Maj, J and Min)
  • management accounting concepts and techniques, to facilitate decision-making, planning and control (Maj, J and Min)
  • the important influence of capital markets in risk assessment, value determination, and as a source of finance (Maj, J)
  • current developments, issues and debates in the subject area at both theoretical and applied levels (Maj, J and Min)

'Thinking' skills

  • to demonstrate an appreciation of the intellectual skills expected at each level of study, in accordance with the QAAHE Subject Benchmark statement and the SEEC level descriptors, and an acceptance of responsibility for their own learning to achieve these skills (Maj, J and Min)
  • the ability to evaluate different arguments and evidence critically so as to arrive at a considered view (Maj, J and Min)
  • the ability to investigate an issue independently (Maj, J and Min)
  • the intellectual skills to undertake further academic or professionally related study (Maj,J)
  • a self-critical and reflective learning approach to personal self-development (Maj, J)

Subject-Based Practical skills

  • ability to locate, extract and manipulate financial and non-financial data (Maj, J and Min)
  • ability to prepare financial reports for a variety of users (Maj, J and Min)
  • ability to analyse, interpret and evaluate financial information (Maj, J and Min)
  • ability to apply principles and techniques to formulate solutions to accounting-related problems; whether to do with resourcing, allocation, appraisal or control (Maj, J and Min)
  • ability to use accounting-specific software, and to apply other software to accounting-related issues (Maj, J and Min)

Skills for life and work

  • the ability to organise evidence and reasoning to produce a balanced conclusion (Maj, J and Min)
  • the ability to present information and communicate effectively in written or oral form, at an appropriate level, including the acknowledgement and referencing of sources (Maj, J and Min)
  • the ability to apply a range of numeracy skills, including an appreciation of statistical concepts, at an appropriate level (Maj)
  • the ability to apply IT related skills in the use of word-processing, spreadsheets, software package applications, and in accessing on-line databases (Maj, J and Min)
  • the ability to work in small groups to investigate an issue or complete a task, and to present the group’s findings (Maj, J and Min)
  • capacity for independent and self-managed learning and the completion of assignment tasks within deadlines (Maj, J and Min)

Structure

The programme structure

Introduction

All programmes are credit-rated to help you to understand the amount and level of study that is needed.

One credit is equal to 10 hours of directed study time (this includes everything you do e.g. lecture, seminar and private study).

Credits are assigned to one of 5 levels:

  • 0 - equivalent in standard to GCE 'A' level and is intended to prepare students for year one of an undergraduate degree programme
  • 1 - equivalent in standard to the first year of a full-time undergraduate degree programme
  • 2 - equivalent in standard to the second year of a full-time undergraduate degree programme
  • 3 - equivalent in standard to the third year of a full-time undergraduate degree programme
  • M - equivalent in standard to a Masters degree

Credit rating

The overall credit-rating of this programme is 360 credits.

Typical duration

The expected duration of this programme is three years when attended in full-time mode or four and a half years in part-time mode. It is possible to move from a full-time mode of study to a part-time mode of study and vice-versa, to accommodate any external factors such as financial constraints or domestic commitments. Many of our students make use of this flexibility and this may impact on the overall duration of their study period.

How the teaching year is divided

The teaching year begins in September and ends in June. A student, normally registering for 6 modules in one year (3 modules in each Semester) would do so in a full-time attendance mode of study and a student registering for up to 4 modules in one year (2 modules in each Semester) would do so in part-time attendance mode of study.

What you will study when

This programme is part of a modular degree scheme. A student registered in a full-time attendance mode will take six 20 credit modules per year. An honours degree student will complete six modules at level one, six at level 2 and six at level 3.

It is possible to bring together modules from one field with modules from another to produce a combined programme. Subjects are offered in a variety of combinations:

Single 120 credits at levels one, two and three
Major 80 credits at levels one, two and three
Joint 60 credits at levels one, two and three
Minor 40 credits at levels one, two and three.

Modules are defined as:

Core Must be taken
Option Select from a range of identified module within the field
University Wide Option Select from a wide range of university wide options

 

The following are the core and optional requirements for the single, major, joint and minor routes for this programme

LEVEL

TITLE

CREDITS

STATUS
SINGLE

STATUS
MAJOR

 

STATUS
JOINT

 

STATUS
MINOR

1

Financial Accounting 1

20

Core

Core

Core

Core

1

Cost and Management Accounting

20

Core

Core

Core

Core

1

Academic Skills for Accounting

20

Core

Core

Core

 

1

Business Law

20

Core

Core

 

 

1

Business Economics, Maths and Statistics

20

Core

 

 

 

1

Organisations, Management and People

20

Core

 

 

 

 

 

 

 

Plus two modules
from other programme

Plus three modules
from other programme

Plus four
modules from other programme

2

Financial Accounting 2

20

Core

Core

Core

Core

2

Management Accounting

20

Core

Core

Core

Core

2

Accounting in a Career Context

20

Core

Core

Core

 

2

Financial Management and Control

20

Core

Core

 

 

2

Quantitative Analysis

20

Option*

 

 

 

2

Financial Modelling

20

Option*

 

 

 

2

Business Taxation

20

Option*

 

 

 

2

Business Information Systems

20

Option*

 

 

 

2

Company Law

20

Option*

 

 

 

2

 

 

*see below

Plus two modules from other programme

Plus three modules from other programme

Plus four modules from other programme

3

Issues and Controversies in Accounting

20

Core

Core

Core

Core

3

Management Accounting at the Organisational Level

20

Core

Core

Core

Core

3

Business Report

20

Core

Core

Core

 

3

Corporate Finance

20

Option*

 

 

 

3

International Financial Institutions and Markets

20

Option*

 

 

 

3

Asset Pricing

20

Option*

 

 

 

3

Options, Derivatives and Risk

20

Option*

 

 

 

3

Corporate Financial Reporting

20

Option*

 

 

 

3

International Accounting and Finance

20

Option*

 

 

 

3

Auditing

20

Option*

 

 

 

3

 

 

*see below

Plus one AccountingOption module and two modules
from other programme

Plus three modules
from other programme

Plus four
modules from other programme

*Students on the single honours Accounting programme may select up to two University-wide option modules (i.e. modules outside the Accounting programme options shown above), in total, during their Level 2 and 3 studies, as alternatives to the Accounting option modules.

 

Requirements for gaining an award

In order to gain an honours degree you will need to obtain 360 credits including:

  • A minimum of 120 credits at level one or higher
  • A minimum of 120 credits at level two or higher
  • A minimum of 120 credits at level three or higher

In order to gain an ordinary degree you will need to obtain a minimum of 300 credits including:

  • A minimum of 120 credits at level one or higher
  • A minimum of 120 credits at level two or higher
  • A minimum of 60 credits at level three or higher

In order to gain a Diploma of Higher Education you will need to obtain at least 240 credits including a minimum of 120 credits at level one or higher and 120 credits at level two or higher

In order to gain a Certificate of Higher Education you will need to obtain 120 credits at level one or higher

In order to gain an Associate Certificate you will need to obtain a minimum if 20 credits at level one or higher

In order to gain a Foundation Degree you will need to obtain a minimum of 240 credits including:
A minimum of 120 credits at level one or higher
A minimum of 120 credits at level two or higher

(A Foundation degree is linked to a named Honours degree onto which a student may progress after successful completion of the Foundation degree

Degree Classification

Where a student is eligible for an Honours degree, and has gained a minimum of 240 UEL credits at level 2 or level 3 on the programme, including a minimum of 120 UEL credits at level 3, the award classification is determined by calculating:

The arithmetic mean of the best 100 credits at level 3

×

2/3

+

The arithmetic mean of the next best 100 credits at levels 2 and/or 3

×

1/3

and applying the mark obtained as a percentage, with all decimals points rounded up to the nearest whole number, to the following classification

70% - 100%

First Class Honours

60% - 69%

Second Class Honours, First Division

50% - 59%

Second Class Honours, Second Division

40% - 49%

Third Class Honours

0% - 39%

Not passed

Assessment

Teaching, learning and assessment

Teaching and learning

Knowledge and understanding is developed through

  • lectures and supporting teaching materials
  • guided reading
  • preparation for and participation in tutorials and workshops
  • research and readings as preparation for coursework

'Thinking' skills are developed through

  • completing in-course assignments requiring analysis, interpretation and evaluation
  • discussions and feedback during tutorials
  • reflecting on your personal development

Practical skills are developed through

  • locating and using data
  • application of principles and techniques to case-based tasks
  • application of software to accounting issues

General skills are developed through

  • adopting appropriate methods to complete tasks
  • using numeracy skills
  • the application of IT in completing tasks and in presenting findings
  • completing tasks within agreed deadlines
  • both Independent working and team working as appropriate
  • constructing clear and structured recommendations or conclusions

Assessment

The majority of modules are assessed by a combination of coursework and end of semester examination. Coursework can take a variety of forms including case study- based questions, real company analysis, essays, reports, projects, multiple choice exercises, skills portfolio, financial modelling, or presentations. Some tasks will involve team working.

Knowledge and understanding is assessed by

  • the standard achieved in coursework assignments
  • demonstrating a knowledge of current literature
  • the appropriate application of techniques and principles to examination questions

'Thinking' skills are assessed by

  • providing evidence of analysis, interpretation and analysis in coursework and examinations

Practical skills are assessed by

  • locating and using appropriate data for assignments and tutorials
  • Selecting and applying appropriate techniques to case-based tasks
  • Appropriate use of accounting software

General skills are assessed by

  • Ability to successfully complete tasks within given deadlines
  • The appropriate application of numeracy and IT-related skills
  • Evidence of effective team working
  • Ability to form conclusions or recommendations

Quality

How we assure the quality of this programme

Before this programme started

Before this programme started the University checked that:

  • there would be enough qualified staff to teach the programme
  • adequate resources would be in place
  • the overall aims and learning outcomes were appropriate
  • the content of the programme met national benchmark requirements
  • the programme met any professional/statutory body requirements
  • the proposal met other internal quality criteria covering a range of issues such as admissions policy, teaching, learning and assessment strategy, and student support mechanisms

This is done through a process of programme approval, which involves consulting academic experts including some subject specialists from other institutions.

How we monitor the quality of this programme

The quality of this programme is monitored each year through evaluating:

  • external examiner reports (considering quality and standards)
  • statistical information (considering issues such as student performance)
  • student feedback

Drawing on this and other sources, programme teams undertake the annual Review and Enhancement Process which is co-ordinated at School level and includes student participation. The process is monitored by the Quality and Standards Committee.

Once every six years an in-depth review of the whole field is undertaken by a panel that includes at least two external subject specialists. The panel considers documents, looks at student work, speaks to current and former students and speaks to staff before drawing its conclusions. The result is a report highlighting good practice and identifying areas where action is needed.

The role of the programme committee

The programme has a programme committee comprising all relevant teaching staff, student representatives and others who make a contribution towards the effective operation of the programme (e.g. library/technician staff). The committee has responsibilities for the quality of the programme. It provides input into the operation of the Review and Enhancement Process and proposes changes to improve quality. The programme committee plays a critical role in the University's quality assurance procedures.

The role of external examiners

The standard of the modules within this programme is monitored by at least one external examiners. External examiners have two primary responsibilities:

  • To ensure the standard of the programme
  • To ensure that justice is done to individual students

External examiners fulfil these responsibilities in a variety of ways including:

  • Approving exam papers/assignments
  • Attending assessment boards
  • Reviewing samples of student work and moderating marks
  • Ensuring that regulations are followed
  • Providing feedback to the University through an annual report that enables us to make improvements for the future

Listening to the views of students

The following methods for gaining student feedback are used on this programme:

  • Student representation on programme committees
  • Student questionnaires
  • Student representation on the Royal Docks Business School Board

Students are notified of the action taken by:

  • Circulating the minutes of the programme committee
  • Circulating Action Points arising from the programme committee and actions taken

Listening to the views of others

The following methods are used for gaining the views of other interested parties:

  • Feedback from external examiners
  • Links with professional accountancy bodies
  • Employer feedback from the Royal Docks Business School Advisory Board

Further Information

Alternative locations for studying this programme

Location

Which elements?

Taught by UEL staff

Taught by local staff

Method of Delivery

-

-

-

-

-

Where you can find further information

Further information about this programme is available from:


Information for screenreader users:

For a general description of these pages and an explanation of how they should work with screenreading equipment please follow this link: Link to general description

For further information on this web site’s accessibility features please follow this link: Link to accessibility information