MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
BA Financial Economics and Accounting
Colchester Campus
INTAKE: October
Program Overview
The BA Financial Economics and Accounting program at the University of Essex provides students with a comprehensive understanding of the interplay between financial economics and accounting principles. This interdisciplinary program integrates theoretical knowledge with practical skills, preparing students for careers in finance, economics, accounting, and related fields. Through a combination of coursework, case studies, and real-world projects, students develop a deep understanding of financial markets, economic theories, accounting principles, and regulatory frameworks. They learn how to analyze financial data, interpret economic trends, evaluate investment opportunities, and apply accounting principles to make informed financial decisions. With a focus on both theory and application, students graduate with the analytical, critical thinking, and quantitative skills needed to succeed in today's competitive business environment.
1. Financial Economics: The BA Financial Economics and Accounting program covers fundamental principles of financial economics, providing students with insights into how financial markets operate, the role of financial institutions, and the impact of economic factors on financial decision-making. Students study topics such as asset pricing, risk management, capital markets, and monetary policy, gaining a solid foundation in economic theories and financial concepts that underpin financial markets and institutions.
2. Accounting Principles: Students learn accounting principles and practices, including financial reporting, auditing, taxation, and managerial accounting. They gain skills in analyzing financial statements, interpreting accounting information, and applying accounting standards and regulations in different contexts. Students also learn how to use accounting software and tools to prepare financial reports, manage financial transactions, and comply with regulatory requirements.
3. Economic Analysis: The program emphasizes economic analysis techniques, equipping students with the skills to analyze economic data, interpret economic indicators, and understand economic trends and policies. Students learn how to apply economic theories and models to analyze issues such as inflation, unemployment, economic growth, and fiscal policy, gaining insights into the factors that influence economic decision-making at the individual, firm, and macroeconomic levels.
4. Financial Management: Students study financial management principles and practices, including capital budgeting, financial planning, and risk management. They learn how to evaluate investment opportunities, assess financial performance, and make strategic financial decisions to maximize shareholder value. Students also gain skills in financial forecasting, cash flow management, and capital structure optimization, preparing them for roles in corporate finance, investment banking, or financial advisory.
5. Regulatory Environment: The program covers the regulatory environment governing financial markets and accounting practices, including laws, regulations, and ethical standards that govern financial reporting, disclosure, and transparency. Students learn about regulatory bodies such as the Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA), and International Financial Reporting Standards (IFRS), gaining an understanding of the legal and ethical responsibilities of financial professionals in ensuring compliance and transparency in financial reporting and disclosure.
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 BA Financial Economics and Accounting program at the University of Essex have a wide array of promising career opportunities in finance, economics, accounting, and related fields. Equipped with a solid foundation in financial economics, accounting principles, and analytical skills, graduates are well-prepared to pursue roles in various sectors of the financial industry, government agencies, consulting firms, and corporate organizations.
1. Financial Analyst: Many graduates pursue careers as financial analysts, responsible for analyzing financial data, evaluating investment opportunities, and providing recommendations to clients or organizations. They work for investment banks, asset management firms, hedge funds, and financial departments of corporations, conducting research, financial modeling, and risk assessment to support investment decisions.
2. Accountant/Auditor: Graduates can work as accountants or auditors, responsible for preparing financial statements, conducting audits, and ensuring compliance with accounting standards and regulatory requirements. They work for accounting firms, corporations, government agencies, or non-profit organizations, providing financial reporting, auditing, tax planning, and consulting services to clients.
3. Financial Manager: Some graduates may pursue careers as financial managers, responsible for overseeing the financial operations of organizations, managing budgets, and making strategic financial decisions. They work for corporations, government agencies, or non-profit organizations, providing financial planning, analysis, and reporting to support organizational goals and objectives.
4. Investment Banker: Graduates can work as investment bankers, facilitating corporate finance transactions such as mergers and acquisitions, initial public offerings (IPOs), and debt offerings. They work for investment banks or financial advisory firms, advising clients on strategic financial decisions, structuring deals, and negotiating terms to maximize value for clients.
5. Economist: Some graduates may pursue careers as economists, analyzing economic data, conducting research, and providing insights into economic trends, policy implications, and market developments. They work for government agencies, central banks, research institutions, or consulting firms, providing economic analysis and forecasting to inform policy decisions and business strategies.
6. Risk Manager: Graduates can work as risk managers, responsible for identifying, assessing, and mitigating various types of financial risks faced by organizations. They work for banks, insurance companies, and financial institutions, developing risk management strategies to protect against credit risk, market risk, operational risk, and regulatory risk.
7. Financial Consultant: Graduates may work as financial consultants, providing advisory services to clients on various financial matters such as investment management, retirement planning, tax planning, and estate planning. They work for financial advisory firms, wealth management companies, or as independent consultants, helping clients make informed financial decisions and achieve their financial goals.
