MSc Accounting and Financial Management
Lancaster University, located in the UK, offers an esteemed MSc Accounting and Financia...
BSc (Hons) Accounting and Management (Industry)
Lancaster
INTAKE: October
Program Overview
Lancaster University's BSc (Hons) Accounting and Management (Industry) program is designed to provide students with a comprehensive understanding of accounting principles, financial management, and business strategy within the context of real-world industry practices. This degree equips graduates with the essential skills and knowledge required to thrive in various sectors, including accounting firms, financial institutions, and corporate settings. Students benefit from a blend of theoretical learning and practical experience, ensuring they are well-prepared for professional roles upon graduation.
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Integrated Curriculum: The program offers a cohesive curriculum that integrates accounting and management disciplines. Students gain proficiency in financial reporting, management accounting, corporate finance, strategic management, and business analytics. This holistic approach enables graduates to bridge the gap between accounting practices and broader business strategies.
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Industry-Relevant Skills: Through case studies, projects, and practical assignments, students develop industry-relevant skills such as financial analysis, budgeting, decision-making, risk management, and leadership. They learn how to apply accounting principles to solve complex business challenges and contribute effectively to organizational success.
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Industry Placements: A key feature of this program is the opportunity for students to undertake industry placements or internships. This hands-on experience allows students to apply theoretical knowledge in real-world settings, gain valuable insights into industry practices, and build professional networks. Placements also enhance students' employability and often lead to job offers upon graduation.
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Personal and Professional Development: Lancaster University emphasizes the development of students' personal and professional skills. Through workshops, seminars, and career coaching, students enhance their communication, teamwork, problem-solving, and leadership abilities. They also receive support in preparing for interviews, networking with industry professionals, and navigating the job market.
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Global Perspective: The program fosters a global outlook by exploring international accounting standards, global financial markets, and cross-cultural business practices. Students gain insights into the impact of globalization on accounting and management practices, preparing them to work in diverse and multicultural environments.
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 (Industry) program at Lancaster University prepares graduates for a range of rewarding career opportunities across various sectors, combining the foundational knowledge of accounting with crucial management skills.
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Accounting Roles: Graduates can pursue traditional accounting roles, such as Chartered Accountants, Management Accountants, or Financial Analysts. They possess strong financial reporting skills, understand regulatory frameworks, and can analyze financial data to support decision-making within organizations.
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Financial Management: With a solid understanding of financial principles and management strategies, graduates are well-suited for roles in financial management, including Financial Controllers, Finance Managers, or Treasury Analysts. They can manage budgets, assess financial risks, and contribute to strategic financial planning.
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Consulting and Advisory Services: Many graduates choose careers in consulting firms, offering advisory services to businesses and organizations. They provide expertise in financial strategy, performance improvement, risk management, and regulatory compliance.
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Business Analysis and Strategy: The program equips students with analytical and strategic skills, making them suitable for business analysis and strategic planning roles. Graduates can work as Business Analysts, Strategy Consultants, or Operations Managers, helping organizations optimize their operations and achieve growth objectives.
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Entrepreneurship and Start-ups: Some graduates leverage their accounting and management knowledge to launch their own ventures or join start-up companies. They understand financial management, market analysis, and business planning, which are essential for entrepreneurial success.
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Management and Leadership: Graduates are equipped with leadership capabilities, enabling them to progress into managerial roles. They can lead teams, drive organizational change, and implement effective management strategies.
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Industry Placements and Networks: The industry placements integrated into the program provide graduates with practical experience and networking opportunities. Many secure permanent positions with organizations where they completed their placements.
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Professional Qualifications: The program's alignment with professional accounting bodies such as ACCA and CIMA enhances graduates' employability and facilitates their progression towards professional qualifications. This opens up further career prospects in the accounting and finance sectors.
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Global Opportunities: The skills acquired during the program are transferable internationally, allowing graduates to pursue careers in multinational corporations or work abroad.
