MA Digital Media and Creative Industries
The MA Digital Media and Creative Industries at Loughborough University aims t...
BSc (Hons) Accounting and Finance with Placement Year
Loughborough
INTAKE: October
Program Overview
The BSc (Hons) Accounting and Finance with Placement Year at Loughborough University provides students with a comprehensive understanding of key financial principles and accounting practices, alongside the opportunity to gain practical experience through a year-long placement. This program is designed to prepare students for the dynamic and ever-evolving world of finance, equipping them with the technical knowledge, problem-solving abilities, and real-world experience required to succeed in accounting and finance roles across various industries.
Curriculum: The curriculum for the BSc (Hons) Accounting and Finance with Placement Year combines academic rigor with practical application. It covers essential areas of financial accounting, management accounting, corporate finance, taxation, financial reporting, and auditing. In addition, students are encouraged to explore topics such as business ethics, sustainability in finance, and financial markets. The program is structured to ensure students gain both theoretical knowledge and the practical skills necessary for the finance sector. Students also have the opportunity to gain industry-recognized qualifications, such as ACCA exemptions, making them highly competitive in the job market.
Research Focus: Loughborough University is at the forefront of research in accounting and finance, with dedicated research centers focusing on key areas such as financial markets, risk management, corporate governance, and financial innovation. The faculty members are actively involved in cutting-edge research that informs both academic theory and practical applications in the finance industry. This research-led teaching ensures that students are exposed to the latest developments and trends in the field, enhancing their learning experience.
Industry Engagement: The BSc (Hons) Accounting and Finance with Placement Year places a strong emphasis on industry engagement. The placement year allows students to gain hands-on experience by working with leading companies in the finance sector, providing invaluable exposure to the professional environment. Loughborough University has established strong partnerships with top-tier firms and organizations, allowing students access to exclusive opportunities, internships, and mentorship programs. This direct connection with the industry helps students build a professional network and significantly boosts their employability upon graduation.
Global Perspective: Loughborough University fosters a global perspective, offering students the chance to engage with international business practices and markets. The university's diverse student body and international collaborations ensure that students gain exposure to a wide range of perspectives on global finance and economics. Moreover, students have the option to participate in study-abroad programs or internships in global financial hubs, further enhancing their understanding of international finance.
Location
Loughborough
Score
IELTS 6.5
Tuition Fee
£ 25500
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 75% or equivalent in their respective country's grading system.
English language proficiency:
- IELTS: A minimum overall score of 6.0 or 6.5 with no individual component below 6.0.
- TOEFL: A minimum overall score of 92.
- PTE Academic: A minimum overall score of 67.
- DET Academic: A minimum overall score of 120.
- Some programs may have specific subject prerequisites or additional requirements.
Loughborough University offers a range of scholarships for international students to support their education and make studying in the UK more affordable. These scholarships recognize academic excellence, financial need, and the potential for students to contribute to the university community.
International Excellence Awards: These are merit-based scholarships offered to international students applying for undergraduate and postgraduate programs. These awards typically cover part of the tuition fees and are designed to attract outstanding students from around the globe.
Global Scholarships: Loughborough offers various global scholarships based on geographical location, supporting students from specific regions or countries with reduced tuition fees.
Loughborough University Elite Sports Scholarships: These are available for students who are competing at an elite level in their sport. The scholarship includes financial support, as well as access to the university's world-class sports facilities, coaching, and training programs.
Country-Specific Scholarships: Loughborough University offers country-specific scholarships for students from particular countries. These scholarships are designed to support students who demonstrate high academic potential and a commitment to contributing to their home country upon graduation.
Graduating from Loughborough University with a BSc (Hons) in Accounting and Finance opens a wide range of career opportunities in both the public and private sectors. This comprehensive program provides students with the necessary technical knowledge and practical experience to excel in the competitive world of finance.
Chartered Accountant: Many graduates pursue a career as a Chartered Accountant. By completing professional qualifications such as the ACA (Association of Chartered Accountants), ACCA (Association of Chartered Certified Accountants), or CIMA (Chartered Institute of Management Accountants), students can become qualified accountants. The program's emphasis on financial accounting, auditing, and taxation prepares graduates for roles in accountancy firms or in the finance departments of corporations.
Management Accountant: Management accountants play a crucial role in helping organizations make informed financial decisions. With expertise in budgeting, financial analysis, and strategic planning, graduates from Loughborough's Accounting and Finance program can work in various industries, including manufacturing, healthcare, and retail. The program's focus on management accounting ensures that students are well-equipped for this career.
Financial Analyst: Financial analysts are responsible for evaluating financial data to help businesses make investment decisions, manage risk, and improve financial performance. Graduates can find employment in investment banks, insurance companies, asset management firms, and consultancy agencies. The program's modules on corporate finance and financial markets give students the skills to analyze financial statements and assess the financial health of organizations.
Risk Manager: The BSc (Hons) Accounting and Finance with Placement Year provides graduates with the necessary skills to identify, assess, and mitigate financial risks. Risk managers are in high demand in industries such as banking, insurance, and corporate finance. Graduates can work as risk analysts or managers, developing strategies to minimize financial risks for organizations.
Internal Auditor: Internal auditors play a vital role in ensuring the accuracy of financial records and compliance with regulations. This career option is ideal for graduates who are detail-oriented and have a deep understanding of auditing principles. Many graduates choose to pursue internal audit positions in large corporations, government agencies, or financial institutions.
Tax Advisor: Tax advisors provide expertise on tax laws and help businesses and individuals minimize their tax liabilities. Graduates with a strong understanding of taxation laws, which are covered in the program, can pursue careers in tax consultancy, working for tax advisory firms or large multinational corporations.
Financial Planner: Financial planners help individuals and organizations manage their financial resources effectively. Graduates with an interest in personal finance and wealth management can pursue careers as financial advisors or planners, helping clients make informed decisions about investments, savings, and retirement planning.
Investment Banker: The BSc (Hons) Accounting and Finance with Placement Year is an ideal foundation for those interested in pursuing a career in investment banking. Graduates can enter investment banks, dealing with mergers and acquisitions (M&A), corporate finance, and capital raising. The program's focus on financial markets and corporate finance equips students with the knowledge required to succeed in the competitive world of investment banking.
Corporate Finance Analyst: Corporate finance analysts work within companies to analyze financial data, assess investment opportunities, and manage corporate finance activities. Graduates can work in corporate finance departments of multinational corporations, helping to drive business growth and profitability through strategic financial planning.
Consultant: Many graduates from the Accounting and Finance program go on to become financial consultants. These professionals offer advice to businesses on various aspects of financial management, including budgeting, forecasting, and optimizing financial strategies. Consulting roles are available in both large global firms and specialized boutique firms.
