Completion of this programme qualifies you for exemption to some of CIMA's professional examinations.
Completion of this programme qualifies you for exemption to some of ICAEW's professional examinations.
Completion of this programme qualifies you for exemption to some of ACCA's professional examinations.
Manchester Metropolitan Business School is an accredited member of AACSB International - The Association to Advance Collegiate Schools of Business. As the worlds largest business education alliance, AACSB International connects educators, students, and business to achieve a common goal: to create the next generation of great leaders. AACSB accreditation means we are internationally recognised for meeting global standards of excellence in business and management education.
Completion of this programme qualifies you for exemption to some of the ICAS professional examinations.
A placement year can be an excellent opportunity to acquire high quality work experience and structured onthe-job training whilst earning a salary. There are also opportunities for you to undertake a placementbased project where you research a business issue for your employer. This project can count towards one of your final year units and reduces your workload in your final year. The placement must be a minimum of 36 weeks but it will usually last for 12 months and takes place after your second year of study.
We have an award-winning placement team, who advertise vacancies and can help you find a placement. The team has over 25 years experience of matching students to employers. They advertise over 1,000 vacancies each year, organise an annual placement fair where you can meet employers who are actively recruiting placement students, deliver CV workshops, provide one-to-one advice, and will conduct a mock interview with you so you can practice your interview technique.
The placement jobs market is competitive and it is your responsibility to be pro-active and apply for vacancies. We recommend that you start researching companies and opportunities during your first year and apply for positions at the start of your second year. Finding the right opportunity and the right position is important because if you are a good match to your placement, your employer could offer you a full-time position when you have graduated.
For more information about Placements, please visit our Placement's page
Successful organisations operate from a sound financial footing and they need the backing of robust accounting systems to make informed business decisions.
Through your study of accounting and finance, you will gain a valuable insight into the organisation, structure and viability of a business and develop the knowledge and ability you need to succeed in this sector.
You will study three 30-credit units and two 15 credit units:
The aim of this unit is to develop your understanding of the economic context of business and the fluctuations in financial markets, government policy and competition and how they influence the performance of an organisation. The key areas this unit cover may include: the macroeconomic context of organisations (demand and supply analysis; circular flow of income; trade cycle; unemployment, inflation and growth; public finance; impact of changing exchange rates); the goals and decisions of organisations (forms of ownership; share price fluctuations; stakeholders; changing efficiency; monopolistic markets); the market system and the competitive process (determinants of supply and demand; price elasticities of demand; impact of the minimum wage).
This unit provides you with an introduction to the concepts of financial accounting including recording fundamental transactions and preparing simple financial statements. Your studies will cover topics such as the fundamentals of financial accounting, the application of various concepts, and the preparation of an income statement and statement of financial position. This unit will also introduce the basic concepts of direct and indirect taxation involving simple transactions and basic calculations. Finally, this unit will use an IT package (such as SAGE) to demonstrate how transactions can be recorded and processed.
Identifying, applying and evaluating information for management techniques to assist management with planning, control and decision making within a business environment. This will cover management accounting fundamentals: cost classification and behaviour; inventory valuation and controls; traditional full cost methods; marginal costing and short and long-term decision making techniques with appropriate software packages.
This unit will provide you with an introduction to the financial environment, the role of financial sector providers and the products offered. You will explore how the providers are regulated and the impact of regulation on the wider financial environment. The ethical behaviour and responsibility of those involved in the provision of financial services and the wider economy will be examined including a reflection on recent ethical scandals, their source and aftermath. These reflections will be built upon the Principles for Responsible Management Education, stakeholder engagement, team based learning and sustainability.
This 15-credit unit has been developed to assist you with the transition from further to higher education and aims to address your personal, professional and academic needs as a new undergraduate student. The unit aims to provide a holistic approach to developing your employability skills and attributes by supporting you at the first stage of your transition from university entry to professional entry level. During this unit, you will explore your own personal development via the emergent Life Skills or Soft Skills perspective. The unit seeks to develop your personal attitudes and behaviours towards the concept of Professional Development via the Faculty of Business and Laws Early Career Professional skills framework, which includes thinking critically, communicating effectively, professional and commercial awareness, and being able to demonstrate values. The unit has been designed to offer a potential parallel route for students to register for and gain the Universitys Futures Skills Award within the period of study.
You will study four, 30-credit units:
This unit provides a framework to allow students to appreciate the issues involved in corporate financial management. It examines the basic principles of financial management and applies them to the main decisions faced by financial managers. The unit covers the following topic areas - The objectives of financial management, Time Value of Money,Valuation Bonds / Company, Cost of Capital, Portfolio Theory, CAPM, Efficient Markets Hypothesis, Dividend Theory,Capital Structure, Investment Appraisal Techniques, Real Options. The tax aspect of the unit will cover an introduction to both personal, business and corporate taxation to give students a core understanding and appreciation of the subject before moving on the level six unit.
This unit develops your skills in preparing financial statements for corporate entities using IFRS. Your studies will cover the ethical application of a range of accounting standards for single companies and basic groups. It will help you apply these standards to common business transactions. You will analyse financial statements in a range of contexts and understand the governance implications of financial reporting.
The unit aims to develop your knowledge with regard to the legal areas relating to the types of organisation, governance, control and financing of business and other aspects of contract and tort law relevant to financial professionals and the world in which they operate.
Building upon the Financial Decision Making unit at Level 4, students will develop a broader insight into management accounting. Apply management accounting principles and techniques to produce, analyse and interpret management accounting information for planning, control and decision-making in a modern business context. Study the wider business context within which information systems operate and analyse how information systems can be implemented in support of the organisations strategy. The unit will introduce the concept and tools and techniques of operations management. Studies will cover topics such as: Cost predication, cost accumulation using modern costing techniques, producing management accounting information for short-term decision making, product pricing, further aspects of budgeting and advanced variance analysis. In addition you will look at the role of information systems in organisations, including enterprise-wide and other emerging systems and discuss ways of implementing, organising and managing information system activities as well as an introduction to the concept of supply chains, supply chain management and process mapping.
You will study four, 30-credit units:
You will then choose two of the following option units:
This level six unit builds upon the introductory financial management concepts in "Corporate Finance & Tax 1". The course covers advanced Investment Appraisal, cost of capital and business valuations using commercial examples. New topics introduced at this level include risk management focusing on the use of financial instruments to manage exchange rate index, commodity and interest rate risk and then option pricing using BSM model and the use of real options. The tax aspect of this unit develops the core knowledge gained at level 5 to look at the tax consequences of real world scenarios for both individuals, businesses and corporations and the mitigation of tax liabilities through tax planning.
This unit will develop the understanding of conceptual frameworks and accounting theories and their application in the current business environment. It will develop your knowledge of accounting standards, group reporting and corporate analysis in complex environments. You will develop and appreciation of the common ethical, professional judgement and governance scenarios in which a professional accountant operates.
This unit aims to develop your understanding of the concepts, principles and theories relating to corporate audit, assurance and corporate governance. Core themes the unit will cover include legal, ethical and other regulatory requirements relating to audit, assurance and corporate governance. The nature, process and management of audit and assurance services and current developments affecting audit, assurance and corporate governance.
This unit aims to developing your understanding of globalisation on multinational businesses and theories in corporate reporting. The unit will also address key accounting issues and how to recommend resolutions. Core themes covered in this unit will include conceptual framework and other regulatory requirements relating to acquisitions, ethical reporting practices, international financial reporting standards, harmonisation of reporting practices, emerging reporting issues, report writing and current developments in transnational auditing.
This unit provides you with a holistic view of management across the organisation in particular the role of the management accountant. The unit builds on important concepts from management account studies and ethics, and includes strategic options, skills and issues the accountant would be exposed to in an organisational environment. Your studies will cover topics such as identifying types of competitive environment, developing strategies, CSR and ethics, the marketing environment, developments in strategic management; you will be learning the tools and techniques of project management including the role of a project manager. In addition to the competitive environment and project management you will also learn the concepts associated with the effective operation of an organisation and the various approaches of management and leadership, including the activities associated with managing people.
Building upon the Management Accounting and Internal Systems unit at Level 5, you will develop a strategic insight into management accounting and performance management. Your studies will cover topics such as: The elements of Management Accounting, competitive strategies and how they influence management accounting practices, traditional and modern performance management techniques, transfer pricing, reward systems and behavioural aspects of management accounting, ethical issues in management accounting, quality management (including practices of continuous improvement) and how they impact management accounting and contemporary issues in management accounting.
This unit aims to develop your personal financial planning skills such as tax planning, pension planning and protection issues and your understanding of the impact of these on individuals at both a theoretical and practical level. Core themes include the six stage planning process, tax planning, estate planning, protection and retirement planning, saving and investments.
This unit will provide you with an understanding of the forms of international finance and the workings of international capital markets. It will introduce and build on the theory of foreign exchange and provide detailed knowledge of the management of international financial risks.
This unit has been designed to specifically to consider the risk management challenges faced in the banking and insurance sectors. We will survey the regulatory environment and consider recent developments. Consideration will be given to techniques and specifics that can be utilised to identify, assess, report on, manage and monitor risk. The unit covers the following topic areas; the financial crisis, risk measurement (VaR), EWRM, banking regulation (Basel III & Vickers Report), securitisation, types of risk (credit, operational, liquidity,interest rate), derivative products, insurance company risks, investment of insurance funds, underwriting and pricing, and insurance regulation (Solvency II).
Each programme of study that we offer undergoes an annual review to ensure an up-to-date curriculum supported by the latest online learning technology. In addition, we undertake a major review of the programme, normally at 6-yearly intervals, but this can take place at a more frequent interval where required. Applicants should note that the programme currently provided may be subject to change as a result of the review process. We only make changes where we consider it necessary to do so or where we feel that certain changes are in the best interests of students and to enhance the quality of provision. Occasionally, we have to make changes for reasons outside our control. Where there are changes which may materially affect the current programme content and/or structure, offer holders will be informed.
The informal assessment will be based on work prepared for tutorials and your contribution to these tutorials together with homework questions which you may be required to submit. It will not form part of your formal marks but is useful for both you and your lecturer to determine whether or not you have understood material and whether you are working to a satisfactory standard.
The formal assessment includes examinations, group or individual presentations, written essays and reports, poster presentations and portfolios of work. Not every subject is assessed in the same way, but you will probably meet all these forms of assessment during your degree studies.
From the second year onwards, these formal assessment marks go towards determining the final classification of your degree from Manchester Metropolitan University. The work placement year is not formally assessed but must be satisfactorily completed.
10 credits equates to 100 hours of study, which is a combination of lectures, seminars and practical sessions, and independent study. A 3 year degree qualification typically comprises 360 credits (120 credits per year). The exact composition of your study time and assessments for the course will vary according to your option choices and style of learning, but it could be:
Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. We also work with external professionals, many of whom are Manchester Met alumni, to enhance your learning and appreciation of the wider subject. Details of departmental staff can be found at: http://www2.mmu.ac.uk/business-school/about-us/our-staff/afe/
Accounting and Finance is a thriving industry that offers a wealth of opportunity for graduate employment.
This is a high reward sector that is typically associated with excellent remuneration and the possibility to progress to the level of Finance Director or even Chief Executive.
UK accountancy qualifications are recognised and respected throughout the world and graduates that secure positions at large international firms can benefit from overseas secondments.
Alternatively it is possible to become self-employed and practice as an accountant or financial consulatant.
Knowledge of accounting and finance also means you can secure work in a wide variety of sectors that will enable you to follow a more management focused career route.
Read some of our student and alumni profiles to find out more:
In 2014, over 94% of our graduates went directly into work or further study within 6 months of graduation
DHLE survey 2014, for all respondents available for employment or further study and whose destinations are known
Remember to use the correct institution code for Manchester Metropolitan University on your application: our institution code is M40
Come and find out more about this course and our facilities at our open days.
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The Higher Education Funding Council for England is the principal regulator for the University.
This online prospectus provides an overview of our programmes of study and the University. We regularly update our online prospectus so that our published course information is accurate and up to date. Please note that our programmes are subject to review and development on an ongoing basis. Changes may sometimes be necessary. For example, to comply with the requirements of professional or accrediting bodies or as a result of student feedback or external examiners’ reports. We also need to ensure that our courses are dynamic and current and that the content and structure maintain academic standards and enhance the quality of the student experience.
Please check back to the online prospectus before making an application to us.
The provision of education by the University is subject to terms and conditions of enrollment and contract. The current Terms and Conditions Applicable to the provision of the University’s Educational Services are available online. When a student enrolls with us, their study and registration at the University will be governed by various regulations, policies and procedures. It is important that applicants/students familiarize themselves with our Terms and Conditions and the Key Contract Documents referred to within. Applicants will be provided with access to an up to date version at offer stage. This can be found within the Information for Offer Holders document.