BSc Accounting and Finance with Law

The information on this page relates to September 2016 entry. For 2017 information, including grade requirements, please check our prospectus.

The Accounting & Finance with Law Degree (N4M1) at Aberystwyth University combines the expertise of the School of Management and Business and the Department of Law and Criminology. The Accounting & Finance with Law Degree will provide you with a thorough grounding in the key areas of business finance and accountancy, along with a broad understanding of the law and its role in the society in which we live. The Accounting & Finance with Law Degree is accredited by a number of UK accounting bodies, and on graduation you will receive exemptions towards professional qualifications. Through the Accounting & Finance with Law Degree you will also gain the essential transferable skills that are highly sought after by employers. Expand the sections below to discover more...

Overview

The Accounting & Finance with Law degree is a major/minor programme, meaning that you will spend two-thirds of your time studying Accounting & Finance with the School of Management and Business, and one-third studying Law in the Department of Law and Criminology.

Why study Accounting & Finance with Law at Aberystwyth?

Our Accounting and Finance programmes are accredited by the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants in England and Wales (ICAEW), the Chartered Institute of Public Finance and Accountancy (CIPFA), the Chartered Insurance Institute (CII), and the Institute of Chartered Secretaries and Administrators (ICSA). This means that, on successful completion of your Accounting & Finance with Law degree, you will be able to gain exemption from certain examinations and achieve professional qualifications at an earlier stage.

The School of Management and Business has an excellent reputation for the quality of its courses and for the success of its graduates across a wide variety of careers and contexts. We believe in a teaching model which requires active student involvement rather than passive information-gathering, ensuring that you can meet the demands of potential employers on graduation.

Teaching in the School of Management and Business is underpinned by research. Our academic staff publish their work in leading academic journals and regularly act as consultants to a range of organizations. In the most recent Research Excellence Framework (2014) assessment the university was placed in the top 50 institutions for research power and intensity. It submitted 77% of eligible staff and 95% of the university's research was of an internationally recognised standard.internationally excellent.

100% of our 2014 School of Management and Business graduates were in employment or further study 6 months after graduating (DLHE 2014). This reflects our investment in innovative and strategic, student-focused employability initiatives which encompass all our academic institutes and which we firmly believe are likely to improve our employability ratings still further.

The 2015 National Student Satisfaction survey results show significant improvement in many areas of our students' satisfaction. Students on courses in the School of Management and Business have reported high levels of satisfaction with the quality of teaching they received and with the learning resources to which they have access.

93% of our 2014 graduates were in employment or further study 6 months after graduating, equal to the overall UK sector average (DLHE 2014). This reflects our investment in innovative and strategic, student-focused employability initiatives which encompass all our academic institutes and which we firmly believe are likely to improve our employability ratings still further.

The 2015 National Student Satisfaction survey results show high levels of satisfaction with the subject, with 83% of students reporting high levels of satisfaction with the quality of the teaching they received and our staff receiving above UK average satisfaction responses for their communication with students.

As well as being active researchers, our lecturers have a professional accounting background, so that by applying their real-world knowledge to theoretical concepts, your learning experience is firmly located in the context of proper professional practice. We also believe strongly in a teaching model which requires active student involvement rather than passive information-gathering, ensuring that you can meet the demands of potential employers on graduation. Our programmes are supported by visiting speakers who also bring their professional experience to the classroom.

The School of Management and Business has arrangements with many partner universities overseas to deliver short academic programmes (2 weeks) to small groups of management and business students (on a self-funding basis), to enable you to experience the impact of the cultural environment when conducting business abroad. We currently have partner universities in India, China, Russia, Japan, the United Arab Emirates and Brazil and our portfolio of countries is rapidly expanding.

The Department of Law and Criminology at Aberystwyth is the oldest Law School in Wales, founded in 1901, and has an excellent reputation for the quality of its teaching and the expertise of its staff. Your learning is closely linked to the vigorous research activity carried out in the department, providing you with an outstanding, dynamic and up-to-date learning environment. You will benefit from a mature and well-stocked Law library, supplemented by generous electronic resources.

A number of Law modules are available through the medium of Welsh. Further details may be obtained from the Department of Law and Criminology.

Our Staff

Students at the Aberystwyth University School of Management and Business are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.

Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.

Department of Law and Criminology lecturers are mostly either qualified to PHD level or have professional experience and qualifications as practicing lawyers. Many staff also have a PGCE (Higher Education).

Course Content

Welsh medium modules available

Please note: The modules listed below are those currently intended for delivery during the next academic year and may be subject to change. They are included here to give an indication of how the course is structured.

Year 1 Core (60 Credits) You must pass 100 credits overall to proceed to Part 2

Semester 1

Introduction To Management Accounting AC10510

Financial Accounting 1 AC11000

Quantitative Skills And Methods AC12200

Semester 2

Introduction To Financial Management AC10710

Financial Accounting 1 AC11020

Quantitative Skills And Methods AC12220

Year 1 Options Core modules in Part I - Students must choose 40 credits of the following LA or GF modules dependant on language preference.

Semester 1

Cyfraith Ymrwymiadau GF13520

The Law Of Obligations LA13520

Foundations Of Law LA15710

Semester 2

Y Gyfraith Ar Waith GF11510

Law In Action LA11510

Year 1 Options This CORE MODULE is offered bilingually: choose your preferred language

Semester 1

Business Environment MM11200

Cyflwyniad I'r Amgylchedd Busnes MR10600

Semester 2

Business Environment MM11220

Cyflwyniad I'r Amgylchedd Busnes MR10620

Year 2 Options LA or GF module dependant on language preference (plus a further 20 credits of LA or GF modules)

Semester 2

Cyfraith Cytundebau GF33820

Law Of Contract LA33820

Year 2 Core (60 Credits) You must pass a minimum of 100 credits to proceed to year 3.

Semester 1

Corporate Finance And Financial Markets AC30500

Financial Accounting 2 AC32900

Management Accounting 2 AC33100

Semester 2

Corporate Finance And Financial Markets AC30520

Financial Accounting 2 AC32920

Management Accounting 2 AC33120

Year 2 Options You must take 40 credits of LA/GF modules PLUS a further 20 credits from Accounting and Finance.

Final Year Core (60 Credits) Core Accounting and Finance Modules Year 3, plus a further 20 credits from Accounting and Finance

Semester 1

Management Accounting 3 AC30300

Investments And Financial Instruments AC30400

Financial Accounting 3 AC30900

Semester 2

Management Accounting 3 AC30320

Investments And Financial Instruments AC30420

Financial Accounting 3 AC30920

Final Year Options You must take 40 credits of LA/GF modules in your final year

Employability

Career prospects

A degree in Accounting & Finance with Law will prepare you for a specialist career as a Chartered accountant, Chartered certified accountant, Chartered management accountant, Chartered public finance accountant or Accounting technician. Other career pathways include tax adviser, auditor, investment analyst, financial trader, retail banker, economist and actuary. Your legal knowledge and capacity for clarity of thought and reasoned argument will be valued by many businesses and organisations at local and national level.

Transferable Skills

Studying for a degree in Accounting & Finance with Law will equip you with a range of transferable skills which are highly valued by employers. These include:

• research and data analysis skills
• enhanced mathematical and computational skills
• effective problem-solving and creative thinking skills
• a thorough grounding in information technology skills
• the ability to work independently
• time-management and organisational skills, including the ability to meet deadlines
• the ability to express ideas and communicate information in a clear and structured manner, in both written and oral form
• self-motivation and self-reliance
• team-working, with the ability to discuss concepts in groups, accommodating different ideas and reaching agreement

Year in Employment scheme (YES)
The University operates a Year in Employment Scheme (YES), which offers you a fantastic opportunity to take a year out between your second and third year to work in an organisation in the UK or overseas. YES provides a very rewarding and worthwhile experience, both personally and professionally, and can help you to stand out from the crowd in a very competitive job market. The University’s Career Service will help you to explore your options and secure a suitable work placement.

GO Wales
GO Wales is administered by the University’s Career Service, working with local businesses to create paid work placements of a few weeks’ duration for students. It gives you the opportunity to gain valuable work experience which will enhance your CV and make you more attractive to potential employers.

Teaching, Learning and Assessment

What will I learn?

In the first year you will lay the foundations for your future studies through the three key areas of Financial Accounting, Management Accounting, and Financial Management. You will also be introduced to quantitative techniques and the use of specialist statistical computer software, and will become acquainted with the business environment. In Law you will gain an understanding of the role of the law in society and will be introduced to key legal concepts. You will also study the law of contract, through which you will develop an appreciation of precedent and the use of legal argument based on case law.

In the second year you will build upon the key areas of management accounting and financial accounting, and will look in greater depth at investment analysis, portfolio selection and risk management. You will be able to select from a range of optional modules in Law enabling you to tailor your course to suit your preferences.

In the third year you will further develop your competencies in management accounting and financial accounting, and will additionally focus on corporate finance. You will be able to specialise further in Law through a selection of elective modules.

How will I be taught?

Core material is delivered through lectures, and reinforced by small-group seminars and tutorials. These will help you to deepen your understanding of the subject matter and develop a range of essential, transferable skills. Group-working and delivering presentations will help you to improve your communication and leadership skills. All modules are backed up by electronic resources to help you study beyond the classroom, and a wealth of printed texts is available in the University library, and the National Library of Wales, which is situated next to the main campus.

You will be assessed by a variety of methods, including examinations, assessed essays, coursework, reports, projects and presentations. Coursework will develop your capacity to research, analyse and present data clearly and coherently, while seminars will help you hone your presentation and communication skills.

You will be assigned a personal tutor throughout your degree course, who will help you with any problems or queries, whether these are academic-related or personal issues. You should feel free to contact them at any time for help and advice.

You will also have the opportunity to complete a Personal Development Plan (PDP) at Aberystwyth. This is a structured process of self-appraisal, reflection, and planning, which will enable you to chart your personal, academic and professional development throughout your time at university. By recording your academic performance, and highlighting the skills you already have and those you will need for future employability, the PDP portfolio will equip you with the necessary tools to plan effectively, develop successful approaches to study, and consider your future career options and aspirations.

Student Views

I love how enthusiastic our lecturers are. They are all willing to help out and they understand that some of us actually don't want to be accountants, and are willing to just help us get good grades in our exams. They are also REALLY approachable! Rowan Kemeys

It provides a vast array of knowledge applicable to business as well as world markets. I find it challenging, but incredibly rewarding at the same time. The tutors are very approachable and always there to talk to and are ready to help whenever you need some guidance. All the careers advice that I have received so far has really helped me to shape the direction that I would ideally like to take in the future. Harry James Geyton

Law is a challenging subject which stretches me each and every day and that is exactly why I enjoy it! Thanks to both the brilliant staff and the extensive resources available to students, the challenge remains one which I’ve never felt was out of my grasp. Aberystwyth itself is a great town, ideal for a variety of students. It has something to offer for everyone, and I know of no better place to make close friends. The town is very relaxed and welcoming, and when it is sunny there is no place in the UK I’d rather be. Andrew James Hall

Key Information Set