Our Accounting and Finance (including foundation year) BA (Hons) degree is a four-year course with a built-in foundation year (Year 0). It’s the ideal course if you’re interested in studying accounting and finance at undergraduate level but you can't meet the entry requirements or don't have the traditional qualifications required to start a standard degree.
On graduation of this four-year degree you’ll gain professional exemptions from accounting bodies including ACCA, ICAEW, CIPFA, AIA and IFA, facilitating your journey to becoming a qualified accountant or finding success in a finance-related career.
Our four-year accounting and finance programme has been designed with an integrated foundation year to allow you to develop key academic skills and build your confidence at the beginning of your degree. You’ll learn core business skills and the key principles of accounting, as well as numerical and technological skills that are vital for analysing data.
The foundation year of this degree is intended to prepare you for your subsequent years of studying accounting and finance, so you’ll enter Year 1 well-equipped to study at undergraduate level.
Our teaching staff have academic and professional experience in public audit, taxation, financial reporting, management accounting and information systems. You will also benefit from visiting industry speakers who are invited to give presentations on contemporary accounting, finance and business-related topics throughout your degree course.
You will share your foundation year with students on other foundation year courses, allowing you to share insights and get a taste of a variety of other business-related disciplines.
Following your foundation year, you will study the same course content and get the same choice of modules as those who study our Accounting and Finance BA (Hons).
Should you decide during your foundation year that you’d like to specialise in a different area of study, there is some flexibility to allow you to do this.
You'll graduate with a full undergraduate degree with the same title and award as those who studied the traditional three-year course.
You'll be assessed through exams, essays, group work and a dissertation, all of which are designed to help prepare you for entering the jobs market.
In order to gain exemptions from professional bodies, some modules are assessed using methods such as closed-book examinations.
If you successfully complete the full four-year course, you can gain exemption from the Association of Chartered Certified Accountants (ACCA)’s fundamental exam papers, F1 to F9.
The core modules that you study in Year 1, 2 and 3 also 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).
In addition to the University's standard entry requirements, you should have:
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.
The modules listed below are for the academic year 2019/20 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 0 modules include:
This sister module to MN3100 focuses on the skills needed for success in business. It provides students with opportunities to become aware of the essential communication,
problem-solving, decision-making, commercial awareness, and the various other skills needed for succeeding in business. It is also designed to introduce and reinforce essential transferable skills with a focus on personal development, planning and reflective learning. The module aims to:
• enhance and develop students’ communication and study skills in preparation for an undergraduate degree in Business
• develop self-awareness, and reinforce the concept of reflective practice to allow students to develop into effective reflective practitioners
• introduce students to researching subject material from a wide variety of sources
• create in students a keen awareness of the business environment and to develop creative and dynamic approaches to contemporary business problems
The module aims include helping students to improve their:
• academic reading and Writing
• researching and report writing
• application of knowledge
• communicating and presenting orally and in writing
• problem solving and decision making
• self-assessment and reflection
Brief description - This module focuses on the accounting requirements of business organisations for internal and external reporting and decision making. It will examine the financial and management accounting techniques and decisions for sole traders and limited companies.
Delivery - It will be delivered using lectures and seminars across the teaching year.
Assessment - It will be assessed using one in-class test on the principles of double entry bookkeeping ( 20% ), one piece of coursework on the principles of financial accounting ( 40% ) and one piece of coursework on the principles of management accounting( 40% ).
Module aims –
1. to enable students to understand the underlying principles of double entry bookkeeping, the financial and management accounting processes and to prepare/construct relevant accounting statements
2. to enable students to evaluate the strengths and weaknesses of accounting information systems and how they relate to the decision making uses of financial accounting statements
3. to enable students to analyse and interpret the financial accounting statements of a limited company
4. to enable students to understand management accounting techniques and their relevance to management decision making
This module introduces students to the contexts of business. Business functions including innovation, operations, marketing, human resource management, finance and accounting, all of which interact with one another, can only be fully understood when the environmental, organisational, and strategic contexts within which the business operates are also understood. The focus of this module is the development of students’ understanding of how business organisations work and operate in the wider environment. Students’ have opportunities to examine the various functions of businesses and their relevant environments. They will analyse a variety of business situations and cases. This module introduces students to the concept of globalisation in terms of its impact on socio-cultural, political, economic and technological factors. The main aim of the module is to introduce students to the impact of various contexts on business itself, and to provide them with opportunities to enhance a wide range of academic and business skills such as commercial awareness, and sensitivity in terms of people and cultures.
This module aims to provide students with a thorough overview of the numerical and technological skills needed to analyse data in the context of business analysis. The module encompasses aspects of mathematics, statistics and information technology relevant to not only the business management course but also to all other UG courses. The module focuses on numbers and data and their computational and analysis techniques that leads to the understanding of Accounting, Finance, Business, Aviation and Economics related information. Students will make use of a range of facilities on Excel to calculate, analyse and present efficiently.
Year 1 modules include:
This module introduces students to essential principles and concepts of business law. Students are given the opportunity to examine the major sources of English law and to become familiar with the functioning of these in the context of social and cultural diversity and the modern day environment. Students will also develop an understanding of obligations in the form of commercial agreements and the c consequences of professional negligence. In addition, students will also learn about employment law issues relevant to finance professionals as well as an introduction to the law relating to the formation of different forms of business organisations
The module aims to develop knowledge and skills in the understanding of the general legal framework, and specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary.
The key skills developed in this module provides the basis for the study of specific legal aspects of corporate formation, financing and management of business organisations as well as issues of liability for specific civil activities and criminal behaviour at Level 5 and complements the accounting areas of financial reporting and audit and assurance.
The module is a Level 4 30 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 and management accounting techniques and decisions for sole traders and limited companies.
Module aims to:
1. Enable students to understand the underlying principles of the financial and management 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 management accounting techniques and their relevance to management decision making
5. Enable students to understand the context of the professional accountancy framework and to enhance their employability skills.
This module focuses on the function and theory of financial accounting in a computerised environment and enables students to practise the methods and develop relevant skills. To identify the nature, explain the function, interpret the dataflow, use the theory and practice the methods of financial accounting in a systemic context.
The module aims to prepare learners for the accounting profession. This will be achieved by teaching relevant academic and practical skills which will enable the learner to succeed academically and to begin to develop key workplace skills including numeracy. It will also emphasise the need for personal development and the importance of a professional approach to learning.
This module is designed to provide first year undergraduates with an introduction to economic principles, and the economics of the business operating environment. The module is primarily concerned with economic thinking at a micro level, but also introduces students to essential macro-economic concepts reflecting state intervention in a mixed economy. The module also introduces notions of efficiency, rationality, and time and opportunity cost within economic thinking, and shows how these ideas may be applied to decision-making contexts.
Year 2 modules include:
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.
The module is Level 5, 30 credit core module.
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 currect 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
Application of knowledge and presenting data
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.)
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
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
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.
Year 3 modules include:
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
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.
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
To provide an understanding of advanced accounting theories, concepts and approaches and their relationship to decision making processes
To establish explicit contacts between the theoretical approaches to the development of accounting theory and the practice of financial reporting in the UK and Internationally
This module focuses on the role of the independent external auditor in assessing the internal controls of the business under review. The process of audit, from planning to the expression of an opinion, is examined.
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.
"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."
This is a four-year degree course with a built-in foundation year (Year 0). It's the perfect route into university if you don't meet the necessary entry requirements for the standard undergraduate degree. You'll graduate with a full undergraduate degree with the same title and award as those who studied the three-year course.
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.
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Apply to us for September 2019
Applying for a full-time undergraduate degree starting this September is quick and easy – simply call our Clearing hotline on or complete our online Clearing application form.
UK/EU applicants for September full-time entry must apply via UCAS unless specified otherwise.
Applicants for September part-time entry should apply direct to the University using the apply online button.
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.
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.
Please select when you would like to start:
Published by Springer Palgrave Macmillan, the six-volume encyclopaedia will bring together leading global academic research addressing Sustainable Management.
A new book written by Dr Nirmala Lee, Associate Professor of Banking and Finance, will discuss the challenges and future of bank lending.
Dr Nirmala Lee has been appointed to regulate external exams for a prestigious financial regulation organisation.
Samuel Idowu will be attending the fourth international CSR conference, which London Metropolitan University is one of the sponsors.
Two London Metropolitan University student teams took part in the University Business Challenge and finished in 13th and 18th place.
Samuel Idowu has been appointed Associate Editor of a new online journal which will launch later this year.
Eight students from London Metropolitan University have reached the semi-finals of worldwide Universities Business Challenge.
National universities co-host finance conference
London Met teams up with national universities to co-host an international conference on banking and finance
Samuel Idowu triumphs
Lecturer's Dictionary of Corporate Social Responsibility: CSR, Sustainability, Ethics and Governance is named Outstanding Business Reference Source.
Students receive award for academic achievement
London Met staff, students and the finance industry came together at Standard Chartered Bank to award students for their outstanding academic achievement.
Students in the city
Students had the unique experience of being invited to Standard Chartered Bank
Students discuss sustainability
Dr René Schmidpeter hosts a lecture to BSc Banking and Finance students.
Personal branding coach visits Guildhall
Visiting professor delivers lecture to our BSc (Hons) Banking and Finance students about:‘How to sell yourself successfully.’
Visiting Professor focuses on Sustainability
Visiting Professor Thomas Walker speaks to our students about: ‘The new Sustainable Development Goals (SDG) of the United Nations and their impacts on the financial services sector.'