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Accounting and Management (BSc Econ)

The joint honours degree in Accounting and Management offers students the opportunity to combine the main elements of each discipline and to gain a sound knowledge of the core areas of both of these subjects.

The joint honours degree in Accounting and Management offers students the opportunity to combine the main elements of each discipline and to gain a sound knowledge of the core areas of both of these subjects.Equal weighting is given to each throughout the three years of the degree programme, and the use of core modules ensures that students have studied the essential elements of each subject.

Throughout the programme of study the Accounting area is taught entirely through core modules, while the Management area offers students the opportunity to pursue topics which are of particular interest to them.

Key facts

UCAS CodeNN24
Duration3 years
AccreditationsInstitute of Chartered Accountants in England and Wales (ICAEW)
Chartered Institute of Management Accountants (CIMA)
Association of Chartered Certified Accountants (ACCA)
Association to Advance Collegiate Schools of Business (AACSB)
Typical places available
Typical applications received
Scholarships and bursarieshttp://www.cardiff.ac.uk/scholarships
Feeshttp://www.cardiff.ac.uk/fees
Typical A level offerAAB from any combination of A-levels excluding General Studies, Critical Thinking and Citizenship Studies
Typical Welsh Baccalaureate offerGrade A in the Core and grades AB from two A-levels OR Grade B in the Core and grades AA from two A-levels
Typical International Baccalaureate offer35 points, including Maths and English (Standard level) with scores of 5
Other qualificationsApplicants will also require GCSE English grade C and GCSE Mathematics grade B. Applications from those offering alternative qualifications are welcome. Specific admissions and selection criteria for this degree programme can be found online

Detailed alternative entry requirements are available for this course.
QAA subject benchmark

Accounting

Academic School
Admissions tutor(s)

Mr John Wylie, Admissions Tutor

Important Legal Information: The programme information currently being published in Course Finder is under review and may be subject to change. The final programme information is due to be published by May 2016 and will be the definitive programme outline which the University intends to offer. Applicants are advised to check the definitive programme information after the update, to ensure that the programme meets their needs.

Equal weighting is given to both accounting and management disciplines. Core modules are designed to ensure students have studied the essential elements of each subject.

The Accounting area is taught entirely through core modules, while the Management area offers students the opportunity to pursue topics which are of particular interest to them.

Year one

Two compulsory double modules plus one compulsory double module and two compulsory single modules in the Autumn semester. Four compulsory single modules in the Spring semester.

Year two

Four compulsory double modules and two double modules from the optional list.

Module titleModule codeCredits
Marketing and StrategyBS254020 credits
Management AccountingBS250720 credits
Corporate ReportingBS251620 credits
Business FinanceBS250220 credits

Module titleModule codeCredits
International ManagementBS253720 credits
Organisational BehaviourBS253020 credits
Operations ManagementBS258220 credits
Managing PeopleBS254220 credits

Year three

Four compulsory double modules and two double modules from the optional list.

Module titleModule codeCredits
Advanced Corporate ReportingBS352120 credits
Management Accounting and ControlBS351720 credits
Business FinanceBS350220 credits
Strategic ManagementBS354320 credits
The University is committed to providing a wide range of module options where possible, but please be aware that whilst every effort is made to offer choice this may be limited in certain circumstances. This is due to the fact that some modules have limited numbers of places available, which are allocated on a first-come, first-served basis, while others have minimum student numbers required before they will run, to ensure that an appropriate quality of education can be delivered; some modules require students to have already taken particular subjects, and others are core or required on the programme you are taking. Modules may also be limited due to timetable clashes, and although the University works to minimise disruption to choice, we advise you to seek advice from the relevant School on the module choices available.

Cardiff Business School's teaching is heavily informed by research and combines academic rigour with practical relevance. Our faculty consists of academics who are at the forefront of knowledge within their field. They bring the lessons from their most recent research into the classroom, giving students access to the latest information and critical business thinking.

You will find that the phrase 'learning and teaching' is commonly used in UK universities. This phrase emphasises the two-way nature of the process in which you will be taking part. You, we hope, will be doing the learning; we will be providing not only teaching, but also many other things which contribute to a good environment for learning, such as computer resources, a  well-stocked library, suitable lecture rooms, and so on.

The Business School and University will provide good quality teaching and learning resources, and will be responsive to the needs and views of you, our students. For your part, you will need to put in the necessary amount of work both during and outside formal teaching sessions, and to make good use of the facilities provided.

Methods of teaching

Most modules involve a mixture of lectures and small group teaching (classes/seminars/workshops/tutorials). 

In the lecture, the lecturer will mainly be giving an overview of an aspect of the module content (as well as giving opportunities for the student to ask questions and be reflective), while in classes and workshops you will have an opportunity to practice techniques, discuss ideas, apply concepts and consolidate your understanding in the topic

Independent study

All modules will require a considerable element of independent study alongside the formal scheduled teaching. Independent study is designed so that you can expand on the knowledge given to you during lectures, seminars and tutorials. Independent study is an important component of Higher Education because it helps you to develop the ability for enquiry and critical evaluation, which in turn leads to you developing transferable skills, helps you to learn how to respond to change and it is key to ensuring that you have sufficient understanding of the subject you are studying. The amount of independent study you are expected to undertake will increase throughout the duration of your degree as your expertise also increases.

Office hours

All academic staff in the Business School have designated office hours when they are available to meet with students and these are posted on their office doors along with their contact details. Office hours provide an important source of contact with your lecturers and enable you to ask questions you may not wish to ask in a large class setting. This time can help you to clarify anything you have been taught that is unclear or can give you advice on further reading or preparation for assignments.

Personal tutors

You will be allocated a personal tutor at the beginning of your studies. Normally, your personal tutor will teach on your own degree programme and you will keep the same personal tutor throughout your course.

Your personal tutor will be able to give you advice on academic issues, including module choice and assessment. If you encounter any problems which affect your studies, your personal tutor should always be your first point of contact; she/he will be able to put you in touch with the student support services provided by the University and the Students' Union as appropriate. It is normally the personal tutor who writes references for job applications and therefore you should keep your personal tutor informed about how you are getting on. Students are required to meet with their personal tutors at three points during the year but you are also encouraged to get in touch with them at any other point if you need help or advice.

In 2013/14, 95% of the School's graduates who were available for work reported they were in employment and/or further study within six months of graduation. Our business degrees give students a broad range of skills which are valued by a range of employers in the private and public sectors.

Many students graduating from Cardiff with a BSc Accounting degree enter the accountancy profession, particularly chartered accountancy, while others may pursue careers in finance, commerce, industry or the public sector.

In addition to the University Careers Service, we have invested in our own, dedicated Careers Centre to help students find internships, job opportunities and access business industry specific advice and guidance.

Jobs

  • Business Analyst
  • Accountant
  • Economist
  • HR Manager
  • Lecturer
  • Marketing Executive
  • Production Manager
  • Stockbroker

Duration

3 Year(s)

Next intake

September 2016

Places available

Typical places available

The School admits 550 students each year to its undergraduate degree programmes

Applications received

Typical applications received

3500

Accreditations

QAA subject benchmark

QAA subject benchmark

Accounting

Overview and aims of this course/programme

The overall aim of the programme is to provide students with a thorough understanding of the disciplines of accounting and management, delivered by highly qualified staff operating in their areas of expertise and pursuing a policy of research-led teaching.   At the same time it seeks to enable students to select for study particular aspects of these and cognate disciplines that suit their own individual interests and requirements within a framework of ensuring that the totality of modules followed represents a coherent learning experience.  There is a close relationship between accounting and management and the disciplines of economics and law throughout the programme.  The programme is organised to develop students' academic and technical skills and to provide the breadth of understanding that is an essential requisite for successful careers in accounting and business.  Appropriate skills training and use are both embedded within the modules taken. Within these aims, the programme of study meets, and exceeds, the requirements of the Accounting Benchmark Statement issued by the QAA and satisfies the exemption requirements of professional accounting bodies.

More specifically the programme aims to:

i.       provide students with a knowledge and understanding of the conceptual and applied aspects of accounting and management as academic disciplines, at a breadth and depth appropriate to a first degree qualification, meeting the requirements of relevant benchmark statements and the national qualifications framework.

ii.      provide students with a knowledge and understanding of those areas of finance, economics, information systems, law and quantitative techniques which are necessary for a proper understanding of accounting and management.

iii.     place accounting and management in their broader economic, organisational, social and political contexts.

iv.      offer high quality modules in accounting and management that are informed by research and taught by active researchers.

v.       give students the flexibility of choice from a range of option modules within a structured programme of core modules.

vi.      develop students’ powers of inquiry, critical analysis and logical thinking.

vii.     develop core skills in: computer literacy, numeracy, problem solving, team working, and written and oral communication.

viii.    encourage initiative, self reliance, independent learning and commitment to scholarship of the highest quality.

ix.      develop an appreciation that learning is a lifelong activity and provide a sound basis for lifelong learning.

x.       provide students with the knowledge and skills to equip them for a range of careers in accounting, management, and business generally, and in other fields.

What should I know about year five?

Students will be expected to attend all timetabled sessions and are also expected to engage in independent study.

Students are expected to adhere to the Cardiff University policy on Dignity at Work and Study.

How is this course/programme structured?

Details of the Programme structures and requirements, courses and awards are available in the Module Catalogues and the Student Handbook.

In summary, the Programme is offered in full-time (3year) mode.  All modules are compulsory in year 1 and total 120 credits.  In year 2 (and similarly in year 3) students choose modules to the value of 120 credits from a range of core and option modules.  Students normally attain 360 credits for the whole Programme but can graduate with an honours degree with 340 credits.

Summative assessment takes place at the end of each semester.  Performance in year 2 counts 40% towards the degree with Final Year counting 60%.  The degree of difficulty of the modules progresses as the level increases.  For example, Final Year modules are more challenging than those in Year Two.  The different learning outcomes demonstrate the increasing demands at each level and hence student progression through the Programme.

What should I know about year four?

No specific equipment required

What should I know about year three?

Please see Learning Outcomes.

What should I know about the preliminary year?

A  Knowledge and Understanding

Core knowledge and understanding is acquired via lectures, workshops, and classes.  Typically, lectures, which in most modules are supported by detailed handouts, are used as the main medium for introducing material to students, and to direct them to other sources (e.g. library, web sites, etc.) which will enable them to increase their knowledge and understanding of that material.  Classes are closely integrated to the lecture programmes and are designed to enable students to increase their knowledge and understanding of the material covered in the module through problem solving and discussion topics.  Students are expected to prepare before classes, for example, by working problems distributed before the class, or reading around topics as a basis for discussions in class, or preparing group presentations for classes.

Further knowledge and understanding are acquired by independent study, using both the sources identified in lectures and classes, and other sources identified by the student independently.  This may be library or internet-based.  Knowledge and understanding are further enhanced through group/team work.

B  Intellectual Skills

Intellectual skills are promoted via lectures, classwork, group discussions, and group work, whilst the application of these skills is developed through preparation for classes and assessed and unassessed coursework and by private study. 

C  Discipline Specific, including Practical Skills

Acquisition of discipline specific skills is progressive over the three year duration of the degree via lectures, workshops and classes. Typically lectures are used to introduce skills to students whilst the application of these skills is developed through preparation of class exercises and through assessed coursework.  Students further enhance their skills through private study.

D Transferable Skills

Transferable skills are promoted through classes and assessed and unassessed coursework. D1, D2, D4, D5 and D6 are developed through assessed coursework in the form of essays and individual assignments, whilst D3 is promoted through group projects.  In addition, preparation for, and participation in, classes promotes and develops these skills.

What should I know about year one?

A  Knowledge and Understanding

Knowledge and understanding are assessed summatively through a combination of unseen written examinations, class tests, essays and individual and group projects.  Unseen examinations provide the major component of assessment (typically 60 - 70%, though this may be lower, whilst some modules are wholly assessed by unseen examination).  Examinations typically involve a combination of discursive essay-based questions designed to enable students to demonstrate the knowledge and understanding of the material met on the programme, and, where appropriate, calculative problem-based questions designed to enable students to demonstrate their ability to apply techniques.  Course work, in the form of class tests, essays and individual and group projects typically account for 30 - 40% of assessment.  Essays and projects are designed, inter alia, to enable students to demonstrate, in more depth, their knowledge and understanding of particular aspects of material covered on the programme.

Formative feedback is provided through completion of class exercises, preparation for discussion topics at classes, presentations, group discussion at classes and use of study packs. 

B  Intellectual Skills

Summative assessment is by means of unseen examinations, class tests, essays, individual and group projects.  Unseen examinations enable students to demonstrate the full range of intellectual skills in a time-constrained environment.  Course work, in the form of essays and individual and group projects allows students to demonstrate these skills in greater depth, without the constraints imposed by a two or three hour examination.

Formative assessment is provided formally through feedback on assessed essays and projects and provision of solutions for class problems and informally during class discussions.

C  Discipline Specific, including Practical Skills

Discipline specific skills are assessed summatively by means of unseen examinations, class tests, essays and individual and group assignments.  Unseen examinations enable students to demonstrate discipline specific skills in a time constrained environment. Course work, in the form of essays and individual and group projects enables students to demonstrate these skills in more depth, free from the constraints imposed by a two or three hour examination.

Formative assessment is provided formally through feedback on assessed essays and projects and provision of solutions for class problems and informally during class discussions.

D Transferable Skills

Summative assessment of transferable skills is through unseen examinations and assessed coursework.  Unseen examinations and class tests enable students to demonstrate written communication (D1) and numeracy and problem solving skills (D5).  Assessed coursework, in the form of essays and individual projects enable students to demonstrate D2, D4 and D6 and, in addition, to demonstrate IT skills and further demonstrate oral and written communication skills and numeracy and problem solving skills.  D3 is summatively assessed through group projects.

Formative assessment of transferable skills is provided through feedback on assessed coursework, provision of solutions to class problems and informally through discussions at classes.

Other information

Students obtain support materials either via Learning Central (Cardiff University’s Virtual Learning Environment) or from study packs specially developed for selected modules. All students are allocated a personal tutor. Additional support and advice is available where necessary from the School’s Senior Personal Tutor for Undergraduate Taught Students. 

Distinctive features

Intended Outcomes:  Upon completion of the programme a typical student will be able to:

A  Knowledge and Understanding

A1.     Show a systematic understanding of the contexts in which accounting and management operate and of the key areas of accounting and management (financial accounting, management accounting, business finance, organisational behaviour, human resource management, marketing and strategy).

A2.     Show a knowledge and understanding of, and critically evaluate, the theories and concepts which underpin financial accounting, and the principles, tools, practices and terminologies of, and regulatory framework surrounding, financial reporting.

A3.     Show a knowledge and understanding of, and critically evaluate, the theories, concepts, techniques and terminologies of management accounting and their role in the planning, decision making and control requirements of organisations.

A4.     Show a knowledge and understanding of, and critically evaluate, the theoretical framework of, and fundamental concepts and core theoretical models in, business finance.

A5.     Show knowledge and understanding of, and critically evaluate, relevant theories and concepts which underpin Business Management;

A6.     Show knowledge and understanding of how organisations are structured and how they work in a variety of contexts;

A7.     Show a knowledge and understanding of, and critically evaluate, the theories, principles, techniques and terminologies of those further areas of management (e.g. operations management) selected for further study as part of the degree scheme

A8.     Show a knowledge and understanding of those areas of economics, information systems, law and quantitative techniques which are necessary for a proper understanding of accounting and management.

A7.     Show an understanding of how accounting and management are affected by cultural, organisational, economic, behavioural, sociological and political factors.

B  Intellectual Skills

B1.     Synthesise and evaluate primary and secondary data

B2.     Solve problems, including the ability to manipulate financial and other numerical data and to apply statistical concepts at an appropriate level

B3.     Exercise powers of inquiry, logic, and critical analysis, interpretation and evaluation of arguments and evidence

B4.     Sustain a critical argument, both in writing and through presentation

B5.     Recognise the significance and impact of organisational contexts on the application of theoretical concepts and techniques.

C  Discipline Specific, including Practical Skills

C1.     Record and summarise transactions and other economic events and prepare financial statements which accord with broad statutory requirements and accounting standards

C2.     Appraise corporate results and interpret financial statements and accounting reports

C3.     Analyse business operations and produce financial analyses and forecasts

C4.     Analyse and classify costs and carry out relevant cost analysis for decision taking

C5.     Prepare budgets and calculate and interpret variances for control purposes

C6.     Appraise investment projects using a variety of quantitative techniques including discounted cash flow, probabilities, portfolio analysis and mathematical programming

C7.     Determine the cost of funds to companies using a variety of models and evaluate different financing and dividend policies

C8.     Demonstrate how organisations’ external environments impact upon internal policies and operations and how organisations impact their environment;

C9.     Demonstrate the importance to organisations of understanding their markets;

C10.   Demonstrate an understanding of how people interact with their organisations;

C11.   Demonstrate understanding of strategic and tactical management processes;

C12.   Exercise other skills appropriate to those elective modules they have followed as part of the degree programme

C13.   Exercise skills appropriate to those elements of the disciplines of economics, information systems, law, and quantitative techniques, which they have followed as part of the degree programme.

D Transferable Skills

D1.     Communicate ideas, principles and theories effectively by oral and written means

D2.     Exercise initiative, self reliance and time management skills and work independently

D3.     Exercise co-operation skills and work effectively in a team

D4.     Appreciate alternative viewpoints

D5.     Exercise numeracy, problem solving and IT skills

D6.     Access and utilise information in a variety of research resources both traditional (e.g. library) and IT (e.g. the Internet, databases).

How will I be taught?

The distinctive features of the programme include:

§  The opportunity for students to learn in a school which achieved 6th place in the UK at Research Excellence Framework (REF) 2014;

§  the involvement of research-active staff in programme delivery;

§  the emphasis on independent learning in a research-led environment;

§  the emphasis on acquisition of high quality practical skills and the development of innovative ideas

§  exemption from elements of the examinations set by the main professional institutes

§  flexibility, permitting graduates to pursue professional careers in accounting, finance and general business, as well as a wide range of other careers, including postgraduate research

Admissions tutors

Mr John Wylie, Admissions Tutor


Key Information Sets (KIS) make it easy for prospective students to compare information about full or part time undergraduate courses, and are available on the Unistats website.