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...
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.
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 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.
The Department of Mathematics maintained its position as one of the best departments in Wales in the most recent Research Excellence Framework (REF2014). The department returned almost 90% of our staff, the highest proportion of any Welsh mathematics department. Results show that 1 in 8 of our research outputs are world leading, and more than 60% are either world leading or internationally excellent. All of our research and the impact it has outside universities, was judged to be of international standard.
100% of our 2014 Maths graduates were in employment or further study 6 months after graduating. 71% were in professional work or graduate level education, above the UK average for the subject (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 amongst Mathematics and Statistics students, with 84% reporting satisfaction with the quality of the teaching they received, and 92% satisfaction with learning resources (5 points above the UK average for the subject).
A number of Mathematics modules are available through the medium of Welsh. Further details may be obtained from the Department of Mathematics.
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
Year 1 Core (40 Credits) Statistics (Minor): The following modules are core
Year 1 Options This CORE MODULE is offered bilingually: choose your preferred language
Year 1 Options Welsh medium alternative modules
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.
Corporate Finance And Financial Markets AC30500
Financial Accounting 2 AC32900
Management Accounting 2 AC33100
Business Law LA30700
Corporate Finance And Financial Markets AC30520
Financial Accounting 2 AC32920
Management Accounting 2 AC33120
Business Law LA30720
Final Year Core (60 Credits) You must take
Management Accounting 3 AC30300
Investments And Financial Instruments AC30400
Financial Accounting 3 AC30900
Management Accounting 3 AC30320
Investments And Financial Instruments AC30420
Financial Accounting 3 AC30920
Final Year Options Statistics (Minor). 40 credits from the following:
Project In Mathematics Or Statistics MA39910
Final Year Electives You must take 20 elective A&F credits
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.
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.
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.
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
UCAS Code: N4G3
Tariff Required: 300
Entry Requirements: Mathematics at grade B. GCSE: Grade C in English or Welsh. Grade C in Mathematics.
Course Length: 3 Years