MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
BSc Accounting with Economics
Colchester Campus
INTAKE: October
Program Overview
The BSc Accounting with Economics program at the University of Essex offers students a comprehensive education that combines principles of accounting with the analytical rigor of economics. This interdisciplinary program is designed to provide students with a deep understanding of financial accounting, management accounting, and economic theories, preparing them for careers in accounting, finance, and economics sectors. Through a blend of theoretical learning and practical application, students develop critical thinking skills, problem-solving abilities, and analytical competencies essential for success in the modern business environment. The program places a strong emphasis on experiential learning, industry relevance, and professional development, ensuring graduates are well-equipped to meet the demands of the rapidly evolving global economy.
1. Integrated Curriculum: The BSc Accounting with Economics program integrates core concepts from both accounting and economics disciplines, providing students with a holistic understanding of financial systems and economic principles. Students study fundamental accounting principles such as financial reporting, auditing, and taxation, alongside key economic theories such as microeconomics, macroeconomics, and econometrics. This interdisciplinary approach equips students with a broad skill set to analyze financial data and economic trends, enabling them to make informed decisions in various professional contexts.
2. Practical Skills Development: Emphasis is placed on developing practical skills highly valued by employers in accounting and economics fields. Students have access to financial software and analytical tools, enabling them to analyze data, create financial models, and conduct economic research. Case studies and real-world projects provide opportunities to apply theoretical knowledge in practical settings, fostering problem-solving and decision-making abilities essential for professional success.
3. Industry-Relevant Learning: The program incorporates industry-relevant learning opportunities to prepare students for the demands of the professional world. Guest lectures, workshops, and seminars feature industry experts and practitioners, providing insights into current trends and best practices in accounting and economics. Additionally, internships or work placements allow students to gain hands-on experience and build professional networks, enhancing their employability and career prospects upon graduation.
4. Analytical Thinking: The program emphasizes the development of analytical thinking skills essential for understanding complex financial and economic phenomena. Students learn to analyze financial statements, evaluate economic policies, and assess the impact of market forces on business decisions. They also develop quantitative skills through econometric analysis and statistical modeling, enabling them to interpret data and make evidence-based recommendations in diverse professional settings.
5. Global Perspective: The program provides students with a global perspective on accounting and economics, exploring international business practices, financial markets, and economic development. Students examine the implications of globalization on accounting standards, taxation policies, and economic integration, gaining insights into the interconnected nature of the global economy. This global outlook prepares graduates to work in multinational corporations, international organizations, or government agencies, where they can contribute to global economic growth and development initiatives.
Location
Colchester Campus
Score
IELTS: 6
Tuition Fee
£ 18600
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 70 to 75% or equivalent in their respective country's grading system.
English language proficiency:
- IELTS: A minimum overall score of 6.0 with no individual component below 5.5.
- TOEFL: A minimum overall score of 75.
- PTE Academic: A minimum overall score of 51.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.
The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.
Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.
It is important to note that scholarship availability, eligibility criteria, and application processes may change over time.
Graduates of the BSc Accounting with Economics program at the University of Essex are well-equipped to pursue diverse and rewarding career opportunities in various sectors of the accounting, finance, and economics industries. With a strong foundation in both accounting principles and economic theories, graduates possess the knowledge, skills, and analytical abilities necessary to excel in a wide range of professional roles.
1. Accountant: Many graduates choose to pursue careers as accountants, working for accounting firms, corporations, or government agencies. They may specialize in areas such as financial accounting, management accounting, taxation, or auditing. Accountants play a critical role in preparing financial statements, analyzing financial data, and ensuring compliance with accounting standards and regulations. With their background in economics, graduates can offer valuable insights into economic factors influencing financial decision-making.
2. Financial Analyst: Graduates can pursue careers as financial analysts, conducting in-depth analysis of financial data and economic trends to support investment decisions. They work for investment banks, asset management firms, hedge funds, and financial institutions, providing insights into investment opportunities and risks. Financial analysts assess the financial health of companies, analyze market trends, and make recommendations to investors based on economic indicators and financial performance metrics.
3. Economic Consultant: Some graduates may choose to work as economic consultants, advising organizations on economic policies, market trends, and business strategies. They analyze economic data, conduct market research, and develop economic models to help organizations understand and navigate complex economic environments. Economic consultants work for consulting firms, government agencies, research institutes, and international organizations, providing expertise in areas such as economic forecasting, policy analysis, and regulatory compliance.
4. Financial Manager: Graduates can pursue careers as financial managers, overseeing the financial operations of organizations and ensuring sound financial management practices. They manage financial reporting, budgeting, and strategic planning processes, providing financial insights to support decision-making and business growth. With their understanding of economics, graduates can assess the economic implications of financial decisions and develop strategies to mitigate financial risks and maximize profitability.
5. Policy Analyst: Some graduates may choose to work as policy analysts, analyzing economic policies and their impact on businesses, industries, and economies. They work for government agencies, think tanks, research organizations, and advocacy groups, conducting economic research and providing policy recommendations to policymakers. Policy analysts assess the economic implications of proposed policies, evaluate their effectiveness, and advocate for policies that promote economic growth, stability, and social welfare.
6. Entrepreneurship: Graduates with a BSc in Accounting with Economics may choose to pursue entrepreneurial ventures, leveraging their knowledge and skills to start their own businesses or consulting practices. They can apply economic principles to analyze market opportunities, assess competition, and develop business strategies. Entrepreneurship allows graduates to create innovative solutions, generate value, and contribute to economic development and prosperity.
