Accounting and Finance - BA (Hons)

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Why study this course?

With a high level of professional exemptions from the accounting bodies ACCA, ICAEW, CIPFA, AIA and IFA, this challenging course will help you become a qualified accountant or start work in a finance-related career. You'll have access to an extensive network of industry contacts to help with optional work experience placements and projects.

In the most recent Destinations of Leavers from Higher Education (DLHE) survey, 95% of all 2017 graduates from this course were in work or further study within six months.

More about this course

Through this course, you’ll develop your academic writing, your independent research skills and your practical skills in business and accounting software such as Microsoft Excel, Sage and Oracle. The programme is delivered through a blend of lectures, seminars, workshops, presentations and plenary sessions.

Between them, our staff have accumulated an impressive level of academic and professional experience in public audit, taxation, financial reporting, management accounting and information systems. Occasionally, distinguished external speakers are invited to make presentations on contemporary accounting, finance and business-related issues.

We place particular emphasis on employability, and our lecturers, who have a wide network of industry contacts, can help you with optional work experience placements and projects.

On completion of the course, you’ll receive full exemption from all of the Association of Chartered Certified Accountants (ACCA)’s fundamental exam papers.

Assessment

There are a variety of assessment tools used in the core modules, including essays designed to showcase your writing skills, and presentations designed to prepare you for the job market. 

Some modules use more traditional methods of assessment, such as closed-book examinations, in order to gain professional body exemption.

Professional accreditation

This course qualifies you for exemption from the Association of Chartered Certified Accountants (ACCA)’s fundamental exam papers, F1 to F9.

The core modules of the course satisfy many of the requirements of the Institute of Chartered Accountants of England and Wales (ICAEW), the Chartered Institute of Public Finance Accountants (CIPFA), the Association of International Accountants (AIA) as well as the award of full membership of the Institute of Financial Accountants (IFA) and Chartered Institute of Management Accountants (CIMA).

Fees and key information

Course type
Undergraduate
UCAS code N400
Entry requirements View
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Entry requirements

In addition to the University's standard entry requirements, you should have:

  • a minimum of grades CCC in three A levels (or a minimum of 96 UCAS points from an equivalent Level 3 qualification, eg BTEC National, OCR Diploma or Advanced Diploma)
  • English Language and Mathematics GCSEs at grade C/grade 4 or above (or equivalent)

If you don't have traditional qualifications or can't meet the entry requirements for this undergraduate degree, you may still be able to gain entry by completing our Accounting and Finance (including foundation year) BA (Hons) degree.

To study a degree at London Met, you must be able to demonstrate proficiency in the English language. If you require a Tier 4 student visa you may need to provide the results of a Secure English Language Test (SELT) such as Academic IELTS. For more information about English qualifications please see our English language requirements.

If you need (or wish) to improve your English before starting your degree, the University offers a Pre-sessional Academic English course to help you build your confidence and reach the level of English you require.

Accelerated study

If you have relevant qualifications or credit from a similar course it may be possible to enter this course at an advanced stage rather than beginning in the first year. Please note, advanced entry is only available for September start. Please see our information for students applying for advanced entry.

Specific qualifications that may make you eligible for advanced entry to this course include AAT level 4, ACCA F1 to F4 or a relevant foundation degree, HND or equivalent.

Modular structure

The modules listed below are for the academic year 2020/21 and represent the course modules at this time. Modules and module details (including, but not limited to, location and time) are subject to change over time.

Year 1 modules include:

  • This module currently runs:
    • autumn semester - Tuesday afternoon
    • autumn semester - Wednesday morning
    • autumn semester - Wednesday afternoon
    • autumn semester - Tuesday morning

    The first part of the module aims to introduce students to the basic foundations of law and its relationship with the business professions. The second part of the module would concentrate on the relevance of ethics in the business and accountancy professions. This part would highlight the importance of avoiding fraud and misleading statements by adopting the most recent ethical standards of financial reporting and corporate practices.

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  • This module currently runs:
    • spring semester - Tuesday afternoon
    • spring semester - Wednesday morning
    • spring semester - Wednesday afternoon
    • spring semester - Tuesday morning

    The Data Science, Research and Analysis module provides a fundamental grounding of basic knowledge of data science and computer software to facilitate the collection, analysis and presentation of accounting data. The module prepares learners for the accounting & finance and related professions. This will be achieved through learning relevant academic and practical skills which will enable learners to succeed academically and develop key workplace research skills. It also provides skills to analyse data, interpret and communicate qualitative/quantitative results in the form of information. Furthermore, the module deals with the collection, analysis, interpretation and presentation of accounting and financial data through measuring changes and associations of variables.

    This module also provides basic skills in gathering and understanding of financial and non-financial data/information to develop complete knowledge of the client business and the environment in which it operates. It develops students’ basic skills and understanding to help them prepare business plans and advise on the actions to implement these plans. The skills developed through the understanding of data science and researching to provide solutions of issues raised in the accounting and finance sectors.

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  • This module currently runs:
    • autumn semester - Tuesday afternoon
    • autumn semester - Friday morning
    • autumn semester - Wednesday afternoon
    • autumn semester - Wednesday morning
    • autumn semester - Friday afternoon
    • autumn semester - Tuesday morning
    • autumn semester - Monday afternoon
    • autumn semester - Monday morning

    AC4011 is a 15 credit core module which is designed to lay the foundation for understanding the accounting requirements of business organisations for internal and external reporting and decision making. It examines the financial accounting techniques for sole traders and limited companies.

    This module aims to:

    1. Enable students to understand the underlying principles of the financial accounting processes and to prepare/construct relevant accounting statements
    2. Enable students to evaluate the strengths and weaknesses of accounting information systems and how they relate to the decision-making aspects of financial accounting statements
    3. Enable students to analyse and interpret the financial accounting statements of a limited company
    4. Enable students to understand the context of the professional accountancy framework and to enhance their employability skills.

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  • This module currently runs:
    • autumn semester - Monday afternoon
    • autumn semester - Monday morning

    The module focuses on the organisation, structure and functions of financial markets and market participants. It provides the theoretical and practical framework for understanding the operation of financial markets and institutions.

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  • This module currently runs:
    • spring semester - Tuesday afternoon
    • spring semester - Friday morning
    • spring semester - Friday afternoon
    • spring semester - Tuesday morning

    This Professional Practice module will enhance the students’ understanding of what it means to be a business professional. This module will support the preparation for their future career by encouraging them to develop, put into practice and evidence the skills and behaviours that employers want to see.

    The ‘Professional Practice’ approach ensures that as a developing professional the students understand how to learn effectively and efficiently either in the workplace or in a simulated context. They also learn how to use all the resources available to reflect on their progress. This module involves planning, conducting and reflecting on their own ‘performance episodes*’ and a more general reflection on their overall professional development to date. The written reports and reflections become part of their growth and productivity E-portfolio** which they will maintain throughout their programme.

    In addition, they will have the opportunity to test, review and evidence their skills development via the on-line resources provided throughout the programme, which support the general skills required by employers. As such this module aims to,

    1. Build understanding of the expected workplace knowledge, skills, competencies and attitudes so that they become intrinsic performance and growth motivators.

    2. Ensure the adoption of skills, attitudes and behaviours that improve self-awareness to aid reflective practice.

    *A performance episode is defined as an initiative that the students take, made up of tasks, which develops their skills, and which involves both selecting knowledge from the programme and interacting with others. It must be measurable so that they are able to reflect on their professional skills development.

    ** The growth and productivity E-portfolio is a digital internet-based tool within which they will store all evidence of their work, feedback from stakeholders, their reflections and their Individual Development Plan (IDP). It allows them to share their journey with others and to organise elements of it to help them progress further.

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  • This module currently runs:
    • spring semester - Tuesday afternoon
    • spring semester - Wednesday morning
    • spring semester - Wednesday afternoon
    • spring semester - Tuesday morning

    The module hopes to lay the foundation for students to understand the fundamental knowledge and techniques, which underpin management accounting. The module will cover the following salient areas of management accounting:

    • Costs and Cost Classification including cost behaviour
    • Tools and techniques used in planning, control and decision making
    • Short-term decision-making techniques
    • Capital Investment Appraisal techniques

    The module aims to:

    1. Explain the classification of costs in relation to output, activity level and decision making
    2. Prepare overhead cost statements in the attempt to work the full cost of products, services and activities.
    3. Apply the concept of break-even analysis in short term decision making.
    4. Understand short-term decision-making techniques of Make or Buy, Shutdown, Accept/Reject, Pricing etc.
    5. Be able to calculate simple variances for cost control.

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  • This module currently runs:
    • autumn semester - Friday afternoon
    • autumn semester - Friday morning

    The management information systems module introduces students to a very rapidly changing accounting information systems both in management and accounting areas. The module will discuss how information systems can facilitate various functions that help to improve businesses level of competitiveness. It will focus on the functions and theory of financial accounting in a computerised environment and enables students to practise the methods and develop relevant skills. The module also discusses relevant information systems techniques and explain the functions, interpret the dataflow, use the theory and practice the methods of financial accounting in a systemic context.

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  • This module currently runs:
    • spring semester - Wednesday morning
    • spring semester - Wednesday afternoon
    • spring semester - Thursday afternoon
    • spring semester - Monday afternoon
    • spring semester - Monday morning

    The focus of this module is to equip students to understand organisations in contexts past, present and future, and enable them to analyse the macro, micro, internal and external business and economic environments in which they operate. An understanding of the environments will facilitate the interpretation of situations and enable decisions that add value for businesses. The focus of the module is on the external and internal influences on organizations and the effect these have on business practices.
    The module is designed to be used by Level 4 undergraduate students on a range of programmes. Examples, illustrations and case studies will be drawn from chosen industry sectors such as advertising, aviation, events, finance, marketing, music, transport, tourism, and applied to reinforce basic concepts. This will enhance the ability of students to understand particular business problems and aspects of the business and economic environment. Topics and case studies will cover business issues that are contemporary and relevant to the real world.

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Year 2 modules include:

  • This module currently runs:
    • all year (September start) - Thursday afternoon

    The module is a Level 5 30 credit core module which focuses on the preparation of financial statements for UK limited companies, the critical assessment of published accounts, with an understanding of the UK regulatory framework. Students will also be exposed to the legal framework and international environment within which companies operate.

    Module aims :
    This core module aims to enable students to:
    1) demonstrate ability to explain the basic principles of company law;
    2) develop an interest in legal issues in so far as they affect business organisations;
    3) understand the role of the regulatory framework for corporate reporting;
    4) prepare financial statements for UK limited companies in a format suitable for publication;
    5) conduct a critical assessment of company performance.

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  • This module currently runs:
    • all year (September start) - Friday afternoon
    • all year (September start) - Friday morning

    The module is Level 5, 30 credit core module.
    Module Aims:
    1. To learn key features of different forms of taxation in the UK.
    2. To assess the impacts of different tax policies
    3. To develop skills in tax computations based on the current Finance Act
    4. To introduce key concepts in effective tax planning
    The module also aims to develop students in the following skills:
     Academic reading and writing
     Analysing data
     Research
     Application of knowledge and presenting data

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  • This module currently runs:
    • spring semester - Thursday morning
    • spring semester - Wednesday afternoon
    • autumn semester - Wednesday afternoon
    • autumn semester - Thursday morning

    This module enables students to undertake a short period of professional activity either part-time/vacation employment; work placement; not-for-profit sector volunteering or a professional project led by an employer.

    The work related learning activity must be for a minimum of 105 hours. These hours can be completed in a minimum of 15 working days (based on 7 hours per day) full-time during the summer, or over a semester in a part-time mode. The activity aims to: enable learners to build on previous experience and learning gained within academic studies and elsewhere; provide opportunity for personal skills and employability development and requires application of subject knowledge and relevant literature. Learners will be supported in developing improved understanding of themselves, and the work environment through reflective and reflexive learning in reference to the Quality Assurance Agency Subject Benchmark Statements for the appropriate degree programme.

    Students will be contacted prior to the semester to ensure they understand requirements of securing work related activity in advance. Support is provided to find and apply for suitable opportunities through the Placements and Careers teams. The suitability of the opportunities will be assessed by the Module Team. Learners may be able to utilise existing employment, providing they can demonstrate that it is personally developmental and involves a certain level of responsibility. It is a student's responsibility to apply for opportunities and engage with the Placement and Careers team to assist them in finding a suitable role.

    The module is open to all Business and Management undergraduate course programmes (for semesters/levels, see the appropriate course specification.)

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  • This module currently runs:
    • all year (September start) - Tuesday afternoon
    • all year (September start) - Tuesday morning

    The module is a Level 5 30 credit core designed to introduce students to the basic theory of management accounting and finance and to apply the theory to the selection and management of financial investments. As a prerequisite, students will be studying quantitative techniques that are essential for management accounting and finance.

    Module aims to:

    1. reinforce and extend the knowledge and general understanding of the role and application of quantitative methods in accounting and finance contexts
    2. develop students’ skills in cost accounting systems, forecasting, planning and control, decision making and performance measurement and evaluation.
    3. understand the basic theory of finance;
    4. develop the skills of valuing investment instruments;
    5. critically evaluate the conceptual frameworks for pricing securities;
    6 undertake a written critical review of contemporary theories in finance

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  • This module currently runs:
    • spring semester - Thursday morning

    This module focuses on the role of the independent external auditor in assessing the internal controls of the entity under review. Students will learn and apply appropriate concepts and techniques in planning the audit and to gather and assess audit evidence to be able to critically evaluate assertions made by others.

    Module aims :

    1. to understand the audit process and the regulatory and ethical environment within which external audits take place
    2. to critically evaluate the procedures for audit planning and risk assessment and for gathering and evaluating audit evidence
    3. to critically evaluate the use of internal control systems by auditors

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  • This module currently runs:
    • spring semester - Wednesday morning

    This module enables students to evaluate the main issues surrounding the development and utilisation of information systems for professional practice in areas such as accounting, banking, finance and economics. It focuses on the deployment and use of contemporary industry standard technology and critical internet related tools and techniques to satisfy organisational goals within the accounting, banking, finance and economics sectors.

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Year 3 modules include:

  • This module currently runs:
    • all year (September start) - Monday afternoon
    • all year (September start) - Monday morning

    To develop advanced knowledge and skills in understanding and applying accounting standards and other regulations and the theoretical framework in the preparation of financial statements of entities, including groups, and how to analyse and interpret those financial statements.

    If students pass both AC5005 and this module, they will gain exemption from ACCA Paper F7.

    Module aims :

    1. To account for specialised transactions in accordance with international accounting standards
    2. To discuss the theoretical context of accounting and critically evaluate how this has influenced financial reporting in practice.
    3. To analyse recent developments in international financial reporting, including regulation and corporate governance

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  • This module currently runs:
    • all year (September start) - Friday afternoon
    • all year (September start) - Friday morning

    The module is a Level 6 30 credit core module which is concerned with the strategic, long-run decisions facing the firm. Specifically it deals with the Income Statement, in terms of revenue earning and cost reducing, and the Statement of Financial Position, in terms of raising finance and capital investment.
    It therefore focuses on the strategic aspects of management accounting and will explore and critically
    evaluate management accounting techniques encountered in previous management accounting modules as well as developing students’ knowledge and critical understanding of the theoretical models, analytical methods and practical aspects of corporate financial decision making in a competitive business environment and a dynamic capital market.

    Module aims :

    1. 1. To apply knowledge, understanding and skills from a strategic standpoint and thereby providing an appropriate foundation for higher studies.
    2. 2. To evaluate financial and non-financial evidence including arguments and assumptions in order to reach objective conclusions.
    3. 3. To develop students’ knowledge and critical understanding of the theoretical models, analytical methods and practical aspects of financial decision making and management accounting in competitive business environments and dynamic capital markets.
    4. 4. To display the accountant’s need to remain innovative and play a pivotal part in the management of change in organisations, which is increasingly becoming a corporate requirement. It also encourages accountants to remind themselves of their ethical and social responsibilities; this is apposite in the light of the continuing series of corporate scandals that has often implicated accountants.

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  • This module currently runs:
    • all year (September start) - Wednesday afternoon
    • all year (September start) - Wednesday morning

    The module is a Level 6 30 credit core module which is the designated Honours degree Project module for BA(Hons) Accounting and Finance degree students.

    Module aims :

    1. to develop critical evaluation of arguments and evidence in the context of current problem areas in accounting and finance
    2. to develop the capacities for independent and self managed learning and the ability to engage in professional reflection on personal strengths and weaknesses and professional practice
    3. to engage with academic sources and the accounting literature and to be effective in acknowledging and referencing of these sources
    4. to be effective in giving presentations relevant and appropriate to an intended audience
    5. to develop employability and professional practice skills relevant to the accountancy profession
    6. to understand and critically appraise developments in corporate governance and corporate social reporting

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  • This module currently runs:
    • autumn semester - Thursday afternoon

    The module is a Level 6 15 credit option module running in the Autumn semester. It has a pre-requisite of Audit and Internal Control which precedes this module in Level 5 Spring semester. If students pass both modules they will gain exemption from ACCA Paper F8.

    Module aims :

    1. to provide an understanding of the internal and external audit review and reporting functions in the context of the regulatory frameworks and professional and ethical dimensions of audit practice
    2. to critically appraise and evaluate the audit process and select appropriate techniques and judgements in performing and reporting on audit and assurance services
    3. to develop advanced skills in forming judgements and opinions whilst exercising an appropriate degree of professional judgement and professional scepticism in audit and assurance engagements

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  • This module currently runs:
    • autumn semester - Thursday afternoon

    The module is a Level 6 15 credit option module running in the Spring semester. The module takes issues surrounding social responsibility from national to international platform. CSR has continued to reorient and repair our world in different dimensions. Corporate and individual citizens are therefore demonstrably expected to be socially responsible and contribute to reducing the adverse impacts of companies on the environment and planet Earth in general.

    Module aims to:

    1. provide an understanding of general issues surrounding corporate social responsibility from national to international perspectives.
    2. provide students with a broad understanding of the roles of company directors, investors, the media and consumers – stakeholders in general to allow socially responsible companies to flourish in modern societies.
    3. provide students with a sound understanding of the roles international organisations such as the United Nations, the World Bank, World Trade Organisations etc are playing in propagating and developing corporate social responsibility.

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  • This module currently runs:
    • spring semester - Thursday afternoon

    This module has been nationally promoted by the UK financial regulator the Financial Services Authority (FSA), [now Financial Conduct Authority (FCA)], as a ‘unique idea’ in their ‘National Strategy for Financial Capability in Higher Education’ (2009), and disseminated to all universities as an exemplar for raising student interest, expertise and enthusiasm in personal finance. FSA refers to London Metropolitan University as one of only four universities awarded the FSA Curriculum Development Grant for “unique ideas” put forward for the creation of a financial capability module, the unique idea for this University being the innovative Competency Based Action Learning (CoBAL) curriculum which is the outcome of doctoral level research conducted in collaboration with real-world organisations such as the National Institute of Adult Continuing Education (NIACE), the FSA, and the National Research and Development Centre for adult literacy and numeracy (NRDC).

    The module underlines the role personal judgement plays in personal finance, and the many perspectives that inform personal judgement, enabling the student to formulate and employ Action Learning strategies for the development of knowledge, skill and attitudinal competencies in personal finance, and for increased ability and confidence in dealing with the complexities of making financial decisions in the five domains of financial capability identified by the FSA.

    This is an Extension of Knowledge (EoK) module which any student on any course in the University is able to take as an option module subject to their course incorporating a relevant slot in their course structure. The module’s EOK status recognises the need for students of all subjects to have a good grasp of Personal Finance.

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  • This module currently runs:
    • spring semester - Friday morning
    • autumn semester - Thursday afternoon
    • autumn semester - Friday afternoon
    • autumn semester - Friday morning
    • spring semester - Thursday afternoon
    • spring semester - Friday afternoon

    This module is a 15 credit option module on the Undergraduate Scheme.

    Increasingly managers at all levels of an organisation are required to manage projects, temporary endeavours undertaken to create a unique product or service. This module uses the Association of Project Management Body of Knowledge (APMBOK), https://www.apm.org.uk/body-of-knowledge/ - and therefore prepares students in the capabilities required for effective project management: managing resources, time, people, and the project as a whole. The module includes both the use of computer programmes for project management and approaches to managing people and leading and motivating teams.

    Aims of the module:
    The module will equip the student with an understanding of the complexities of managing projects in an uncertain world. The student will become familiar with the project business case, the detailed planning and the use of ‘WBS’ and the ’OBS’, resources issues and their management, the timeline, budgeting and cash flow as well as the eventual monitoring and control of the project through methods of tracking and monitoring. The student will study methods of managing people in the project with appropriate models of leadership, team behaviours and motivation and methods of conflict management and resolution.

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What our students say

"The highlight of my time at London Met so far has been using the resources made available by the University, especially the careers department, along with the skills obtained on my degree to successfully secure an intern finance position in my first year."

Usman – Accounting and Finance BA student

After the course

Accounting is a subject field with a high demand for graduates.

Opportunities for qualified accountants are extensive, and our graduates have found work with companies such as Angel Finance, BBC, Grant Thornton, Hays Agency, Hartley Fowler LLP, The Courtauld Institute of Art and The Royal Opera House.

Work placements

There are opportunities for relevant placements, which can give you valuable work experience.

Optional professional placement year with additional professional accreditation

All Business School undergraduate degree programmes offer an optional, 12-month professional work placement, normally taken after the first two years of study. The placement year offers students the opportunity to gain an additional 30 credits at degree level and valuable graduate-level work experience.

Additional costs 

Please note, in addition to the tuition fee there may be additional costs for things like equipment, materials, printing, textbooks, trips or professional body fees.

Additionally, there may be other activities that are not formally part of your course and not required to complete your course, but which you may find helpful (for example, optional field trips). The costs of these are additional to your tuition fee and the fees set out above and will be notified when the activity is being arranged.

Additional information

Our business and law undergraduate programmes are continuously improving and are currently under review for 2020-21 entry. Please apply as outlined in the how to apply section of this page and If there are any changes to your course we will contact you. All universities review their courses regularly and this year we are strengthening our business and law courses to reflect the ever-changing landscape of the world of business and law.

Discover Uni – key statistics about this course

Discover Uni is an official source of information about university and college courses across the UK. The widget below draws data from the corresponding course on the Discover Uni website, which is compiled from national surveys and data collected from universities and colleges. If a course is taught both full-time and part-time, information for each mode of study will be displayed here.

How to apply

If you're a UK/EU applicant applying for full-time study you must apply via UCAS unless otherwise specified.

UK/EU applicants for part-time study should apply direct to the University.

Non-EU applicants for full-time study may choose to apply via UCAS or apply direct to the University. Non-EU applicants looking to study part-time should apply direct to the University. If you require a Tier 4 (General) student visa, please be aware that you will not be able to study as a part-time student at undergraduate level.

When to apply

The University and Colleges Admissions Service (UCAS) accepts applications for full-time courses starting in September from one year before the start of the course. Our UCAS institution code is L68.

If you will be applying direct to the University you are advised to apply as early as possible as we will only be able to consider your application if there are places available on the course.

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