MSc Accounting and Financial Management
Lancaster University, located in the UK, offers an esteemed MSc Accounting and Financia...
BSc (Hons) Accounting and Management
Lancaster
INTAKE: October
Program Overview
Lancaster University's BSc (Hons) Accounting and Management program is designed to provide students with a comprehensive understanding of both accounting principles and management concepts, preparing them for versatile careers in the fields of accounting, finance, and business management. This interdisciplinary program combines core modules in accounting and finance with modules in management, strategy, and organizational behavior, enabling students to develop a broad skill set that is highly valued by employers in various industries. The curriculum is structured to cover key areas such as financial accounting, management accounting, corporate finance, strategic management, and business analysis. Through a mix of lectures, seminars, workshops, and practical exercises, students gain theoretical knowledge and practical skills that are relevant to real-world business challenges. Additionally, the program offers opportunities for students to engage in industry placements, internships, and extracurricular activities to further enhance their learning experience and employability.
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Comprehensive Accounting Training: The program provides students with a solid foundation in accounting principles and practices, covering topics such as financial reporting, management accounting, taxation, auditing, and regulatory frameworks. Students learn to analyze financial data, prepare financial statements, and understand the role of accounting in business decision-making.
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Management Skills Development: In addition to accounting knowledge, students develop essential management skills required for effective leadership and decision-making. They study modules in organizational behavior, strategic management, project management, and entrepreneurship, gaining insights into managing people, resources, and operations within organizations.
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Integration of Theory and Practice: The curriculum emphasizes the integration of theoretical concepts with practical applications, enabling students to apply their knowledge to real-world business scenarios. Case studies, group projects, and simulations allow students to develop problem-solving abilities and critical thinking skills in various business contexts.
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Industry-Relevant Modules: The program offers a range of modules that are directly relevant to the needs of the accounting and management professions. Students have the opportunity to study topics such as corporate finance, financial analysis, business ethics, risk management, and global business issues, equipping them with the knowledge and skills required to succeed in today's dynamic business environment.
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Professional Development Opportunities: Lancaster University provides students with access to a wide range of professional development opportunities, including industry placements, internships, networking events, and guest lectures from industry practitioners. These experiences enable students to gain practical experience, build professional networks, and enhance their employability upon graduation.
Location
Lancaster
Score
IELTS: 6.5
Tuition Fee
£ 22650
Undergraduate Entry Requirements
Academic Qualifications: Applicants are required to have achieved a minimum 75% or above in their high school or equivalent qualification.
English Language Proficiency:
- IELTS: The minimum IELTS score required is 6.5 or higher, with no individual component score below 6.
- TOEFL: The minimum TOEFL score is 87 or higher, with minimum 17 in each individual section.
- PTE: The minimum PTE score required is around 58 or higher, with no component score below 42.
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.
Lancaster University, located in the United Kingdom, recognizes the importance of providing financial assistance to international students. The university offers a range of scholarships and funding opportunities to support talented and deserving international students.
Global Scholarships: Lancaster University offers a generous Global Scholarship program specifically for international students. These scholarships are awarded based on academic merit and can significantly contribute towards tuition fees. The Global Scholarships are available for both undergraduate and postgraduate students.
Regional Scholarships: Lancaster University also offers scholarships targeted at specific regions around the world. These scholarships aim to attract and support high-achieving students from specific countries or regions. The eligibility criteria and application process may vary for each regional scholarship.
Subject-specific Scholarships: In addition to general scholarships, Lancaster University provides subject-specific scholarships for international students. These scholarships are awarded to students who demonstrate exceptional academic performance and have a strong interest in a particular field of study.
Research Scholarships: For international students interested in pursuing research degrees, Lancaster University offers research scholarships. These scholarships provide financial support for students undertaking research projects or doctoral studies.
External Scholarships: Lancaster University encourages international students to explore external scholarship opportunities as well. The university provides guidance and support in identifying and applying for external scholarships offered by government bodies, organizations, and funding agencies.
The BSc (Hons) Accounting and Management program at Lancaster University equips graduates with a versatile skill set that opens up diverse career opportunities across accounting, finance, and business management sectors. Graduates from this program are well-prepared to pursue roles in various industries, including corporate finance, management consulting, banking, auditing, strategic planning, and more.
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Accounting and Finance Roles: Graduates can pursue traditional accounting and finance roles such as financial accountant, management accountant, tax advisor, auditor, financial analyst, and treasury analyst. They possess a strong understanding of financial reporting, budgeting, taxation, and auditing, making them valuable assets to accounting firms, financial institutions, and multinational corporations.
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Business Management and Consulting: With a solid foundation in both accounting and management, graduates are equipped to take on roles in business management, consulting, and strategic planning. They can work as business analysts, management consultants, operations managers, project managers, or business development executives in a wide range of industries.
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Corporate Finance and Investment Banking: The program prepares students for careers in corporate finance, investment banking, and financial advisory services. Graduates can work in roles such as financial controller, corporate treasurer, investment analyst, or mergers and acquisitions (M&A) associate, assisting organizations with financial decision-making and capital allocation.
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Entrepreneurship and Start-ups: Graduates with entrepreneurial ambitions can leverage their skills to launch their own ventures or work with start-ups. They understand business planning, financial management, and strategic development, enabling them to navigate the challenges of launching and scaling new businesses.
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Risk Management and Compliance: Given their understanding of regulatory frameworks and risk management principles, graduates can pursue careers in risk management, compliance, and internal audit functions within organizations. They ensure adherence to financial regulations and implement strategies to mitigate business risks.
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Professional Certifications: The program provides a solid foundation for pursuing professional certifications such as Chartered Accountant (CA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA), enhancing career prospects and earning potential.
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Further Education and Research: Some graduates choose to pursue postgraduate studies or research in accounting, finance, or related fields. Advanced degrees such as Master of Business Administration (MBA) or specialized master's programs can further enhance career opportunities in academia, research, or senior management roles.
