BSc Accounting and Finance with Statistics

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

The Accounting & Finance with Statistics Degree (N4G3) at Aberystwyth University will provide you with a thorough grounding in the key areas of business finance and accountancy, underpinned by advanced mathematical and statistical techniques. The Accounting & Finance with Statistics Degree is accredited by a number of UK accounting bodies, and on graduation you will receive exemptions towards professional qualifications. In studying for the Accounting & Finance with Statistics Degree you will acquire the specialist knowledge and proficiencies that meet the needs of the modern accountancy profession as well as the essential transferable skills that are highly sought after by employers. Expand the sections below to discover more...

Overview

This is a major/minor programme meaning that you will spend two-thirds of your time studying Accounting and Finance in the School of Management and Business and one-third studying Statistics in the Department of Mathematics.

Why study Accounting & Finance with Statistics 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 Statistics 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. 

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. We have significant strengths in areas such as entrepreneurship, human resource management, international business and operations and supply chain management. 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.

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.

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

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.

Most lecturers in the Department of Mathematics are qualified to PhD level and are research active. Many have a postgraduate teaching qualification.

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 (40 Credits) You must pass 100 credits overall to proceed to Part 2

Semester 1

Introduction To Management Accounting AC10510

Financial Accounting 1 AC11000

Semester 2

Introduction To Financial Management AC10710

Financial Accounting 1 AC11020

Year 1 Core (40 Credits) Statistics (Minor): The following modules are core

Semester 1

Probability MA10310

Algebra MA10510

Calculus MA10610

Semester 2

Statistics MA11310

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 1 Options Welsh medium alternative modules

Semester 1

Tebygoleg MT10310

Algebra MT10510

Calcwlws MT10610

Semester 2

Ystadegaeth MT11310

Year 1 Electives You must take 20 credits of SMB approved modules

Year 2 Core (80 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

Business Law LA30700

Semester 2

Corporate Finance And Financial Markets AC30520

Financial Accounting 2 AC32920

Management Accounting 2 AC33120

Business Law LA30720

Year 2 Core (40 Credits) Statistics (Minor). The following modules are core.

Semester 1

Distributions And Estimation MA26010

Applied Statistics MA26600

Semester 2

Linear Algebra MA21410

Applied Statistics MA26620

Final Year Core (60 Credits) You must take

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 Statistics (Minor). 40 credits from the following:

Semester 1

Linear Statistical Models MA36510

Probability And Stochastic Processes MA37410

Semester 2

Topics In Biological Statistics MA35210

Comparative Statistical Inference MA36010

Both Semesters

Project In Mathematics Or Statistics MA39910

Final Year Electives You must take 20 elective A&F credits

Employability

Career prospects

A degree in Accounting & Finance with Statistics will prepare you for a specialist career as a Chartered accountant, Chartered certified accountant, Chartered management accountant, Chartered public finance accountant, accounting technician or statistician. Other career pathways include tax adviser, auditor, investment analyst, financial trader, retail banker, economist and actuary.Your advanced numerical and statistical skills and capacity for analytical and logical thought will be highly regarded in any employment situation.

Transferable Skills

Studying for a degree in Accounting & Finance with Statistics 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
• the facility to deal with abstract concepts
• 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.

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 receive a broad introduction to the dynamics of the modern business environment and the main forces largely responsible for shaping and reshaping it. For your Statistics minor you will study core modules in statistics and probability, along with the specialist mathematical techniques requisite for students of finance.

In the second year you will further build upon the key areas of accounting and financial management, and will explore investment analysis, portfolio selection and risk management, and the legal issues relevant to the business environment. You will also study statistical methods and techniques, the collection and collation of data through sampling, and random variables.

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 have a choice of elective modules in both your major and minor subjects, enabling you to shape your own programme of study and specialise in areas of particular interest.

How will I be taught?

Core material is delivered through lectures, and reinforced by small-group seminars, tutorials and practical classes. 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, 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

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

The Accounting and Finance degree has given me a broad understanding of business and allowed me to build on my knowledge of industry and the economy as a whole. I love studying accounting because it gives me a totally different perspective on the world of business. Accounting is so much more than most people think it is; it's not just people sitting around doing book-keeping. It has allowed me to break down companies and given me a much better understanding of their intricacies as well as their potential. Emma Louise Taberner

Key Information Set

Places available in Clearing

0800 121 40 80 (Freephone)

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Key Facts

UCAS Code: N4G3

Please note that the tariff below may not apply during Clearing. Contact us on 0800 121 40 80 or fill in the form above for more information.

Tariff Required: 300

Entry Requirements: Mathematics at grade B. GCSE: Grade C in English or Welsh. Grade C in Mathematics.

Course Length: 3 Years

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