BA (Hons) Banking and Finance

From the moment you join our BA in Banking and Finance, you’re immersed in the world of commerce, solving the fiscal challenges that shape society.

Attend an open day How to apply
Attend an open day How to apply

We're a double-accredited Business School

Overview

From dynamic start-ups to FTSE 100 businesses to national governments –  success is impossible without the support of accounting, banking, and finance experts. Working in this sector, you’ll do more than just crunch numbers. You’ll offer strategic direction and play a key role in shaping decisions. 

At Manchester Met, everything we do is rooted in the real world of business. We work with employers such as Accenture, BNY Mellon, KPMG, PwC and IBM, which means you’ll learn about the challenges they face and develop the skills employers demand.

 

Turning theory into action

In our Business School, you’ll be surrounded by people sharing new ideas and discussing changes in the sector. You’ll learn from leading academic thinkers and researchers, and industry professionals who are consultants for organisations such as PwC and HMRC.

You’ll start by gaining an understanding in financial theory and practice, then delve deeper into specialist areas – from retail banking and corporate finance, to risk management and operations.

Whether you pick our three or four-year route, you’ll graduate feeling confident that you can put your skills into action and impress top employers.

Features and Benefits

  • Location – study in the engine room of the Northern Powerhouse. Manchester boasts one of the largest financial services economies in Europe.
  • ACCA exemptions – qualify for exemptions from ACCA professional accountancy exams.
  • Finance experts – you’ll be taught by leading academics and professionals who advise organisations like AJ Bell, the United Nations, HMRC and the World Trade Organization.
  • Free access to Bloomberg Terminal – make the most of the leading global platform used by the world’s banks, corporations and government agencies for news, data, analytics and research.
  • Placements – take advantage of our extensive industry connections and experience what it’s like to work in the world of financial services.
  • Employability – kickstart your career at leading organisations. They recruit students from this course because of the quality and relevance of what we teach.
“The Business School offered the opportunity to go out and explore the world of work. I did this throughout my degree and my placement year in Hong Kong. I now work as a trainee wealth management consultant." Jacob Treasure, BA (Hons) Banking and Finance graduate.

Accreditations, Awards and Endorsements

"Manchester is one of the largest financial centres in Europe. It’s the perfect classroom for your studies." 

Anna Hardy-Watmough, Principal Lecturer.

Career Prospects

Start building your CV by making the most of our relationship with employers like Accenture, BNY Mellon, PwC and IBM to secure a placement year. Or you might spend a year abroad with one of our partner institutions in Europe and beyond. 

Our graduates work in a wide range of financial services sectors including:

Many start their careers with top employers including KPMG, Deloitte, EY and Experian.

Because our course is accredited or approved by professional bodies, your degree can also pave the way to professional or chartered status.

Learn more about graduate careers

0%

of graduates go straight into employment or further study within six months of graduating.

DLHE survey 2017, for all respondents available for employment or further study and whose destinations are known.

Entry requirements

UCAS tariff points/grades required

104-112

104-112 UCAS Tariff Points at A2 (Grades BCC-BBC) or acceptable alternatives e.g. BTEC Subsidiary Diploma, Diploma, Extended Diploma at Level 3 (Grades DMM).

Specific GCSE requirements

GCSE grade C or grade 4 in English Language and Mathematics. Level 2 Functional Skills English and Mathematics also accepted.

Non Tariffed Qualifications

Pass Access to HE Diploma in a relevant subject with a minimum 106 UCAS Tariff Points.

International Baccalaureate points

26 IB Diploma Points

IELTS score required for international students

6.0 with no element below 5.5

There’s further information for international students on our international website if you’re applying with non-UK qualifications.

MEET THE EXPERTS

“The landscape of accounting, finance, and banking is constantly evolving. We equip students with the necessary skills in order to compete in the global job market…”
 
Listen to what Anna Hardy-Watmough, Principal Lecturer, has to say about studying at Manchester Metropolitan University…

Course details

The first year of this course is in common with the BA (Hons) Accounting and Finance, so you will gain a good grounding in financial theory and practice through studying four units. 

In your second year, you will study more in depth units specialising in corporate finance, investment, financial planning and retail banking, giving you a broad understanding of the principles and practices of the banking and finance professions. You will also hear about opportunities to develop your employability through placements, and if you chose to take a placement year in your third year, you will dedicate time applying to, and preparing for placement. You will also hear about study abroad opportunities in this year, where you may be applying for exchange places at our partner institutions overseas. 

In your final year, your learning becomes more advanced through learning about the institutions that operate in this global industry. You will also dive deeper into financial planning and develop your knowledge of risk management in both banking and insurance sectors. You will also have the option to tailor your final year study with an option unit of your choice. You will also be encouraged to attend the annual employer cafe where you can meet companies operating in the financial sector. 

You will study three 30-credit units and two 15 credit units:

  • Financial Accounting (30 credits)
  • Financial Decision Making (30 credits)
  • Financial Sector Responsibilities and Ethics (30 credits)
  • Economics (15 credits)
  • Personal and Professional Development (15 credits)

Read more about this year of study

Core Units

Financial Accounting

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. 

Financial Sector Responsibilities and Ethics

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.


 

Financial Decision Making

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.

Personal and Professional Development

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 University's Futures Skills Award within the period of study.

Economics (15 credits)

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). 

You will study four, 30-credit units:

  • Retail Banking
  • Personal Financial Planning
  • Investment Principles and Risk
  • Economics of Corporate Finance

Read more about this year of study

Core Units

Investment Principles and Risk

This unit provides you with an introduction to the major asset classes in which people invest, such as cash deposits, bonds, property and equities, and to the principles, concepts, theories, economic and market forces that underpin personal investment decisions. Key topics that you will study include risk profiling, security evaluation, asset allocation, portfolio selection and management. You will have access to investment appraisal software used by practitioners in the financial planning profession and utilise this to create an investment portfolio to satisfy the financial goals and other objectives that typically influence personal investment behaviour, especially an individuals appetite for risk.

Retail Banking

This unit studies the regulatory and legal frameworks, financial markets and institutions engaged in the provision of retail banking services. You will gain an understanding of banks and financial intermediation; banking typology and the theory of the banking firm; bank regulation; trends in domestic and international banking; the retail service proposition; the demand for consumer credit; principles and practices of consumer lending; processes for granting credit; treating customers fairly; developing and managing credit scoring systems; client relationship management; debt management processes; small business management and funding requirements; sources of finance; principles and practices of business lending; evaluating lending propositions; constraints on lending; the need for and perfecting security; risk management at portfolio level; retail banks and retail banking in the future.

Economics of Corporate Finance

This course focuses on financial decision making in the modern corporation. The basic issues include: capital budgeting/corporate investment, capital structure, corporate sources of funding, international finance, and financial risk management. I. Introduction and overview of corporate finance; II. Present value and the opportunity cost of capital;  III. The value of common stock; IV. Topics on net present value; V. Efficient markets; VI. Capital structure; VII. Risk, return and the opportunity cost of capital; VIII. Capital asset pricing model; IX. Futures and Options Markets.

Personal Financial Planning

This unit introduces you to fundamental financial planning concepts and skills.  You will learn to construct appropriate solutions to financial planning issues and advise on their implementation.  Your studies will cover topics such as: income, capital gains and inheritance tax computations and planning; financial protection needs; tax efficient savings and investments; the time value of money; school fee planning.

If you are on the placement route, you will undertake a minimum of 36 weeks’ paid work experience between Year 2 and Year 3 of your studies.

If you are on the full-time route, you will progress directly into Year 3.

You will study four, 30-credit units (three core units and one option unit):

Core units:

  • Risk Management in Banking and Insurance
  • Banking, Financial Markets and Institutions
  • Integrated Financial Planning

Option units:

  • Corporate Financial Management
  • International Financial Management
  • Current Issues in Management Accounting
  • Business Environment and Operations

Read more about this year of study

Core Units

Integrated Financial Planning

This unit will bring together the key competencies of personal financial planning such as tax planning, estate planning, retirement planning and personal risk management.  You will study the process for integrating these competencies in order to create holistic financial planning solutions. The unit covers: the 6-stage financial planning process; advanced tax issues (income tax, capital gains tax, inheritance tax) and solutions; advanced savings and investment issues including tax implications.


Banking, Financial Markets and Institutions

This unit will provide you with an examination and critical evaluation of the institutions, markets and mechanisms in place for the transfer of money in an economy. The financial system is examined in detail and the banking and economic crisis is explored in terms of causation and lessons for the future. As well as traditional theory, you will gain an appreciation of behavioural economics and an advanced understanding of the contemporary financial system, located nationally, globally and on the web.

Risk Management in Banking and Insurance

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).

Option Units

Current Issues in Management Accounting

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.

International Financial Management

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.

Business Environment and Operations

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.

Corporate Financial Management

This unit provides a framework to allow you 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.

Assessment weightings and contact hours

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 of 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:

Study
Assessment
Optional foundation year

Placement options

A placement year can be an excellent opportunity to acquire high quality work experience and structured on-the-job training whilst earning a salary. There are also opportunities for you to undertake a placement based 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

Department of Accounting, Finance and Banking

Our Accounting, Finance and Banking Department is the largest provider of accountancy training in the North West of England.

The department offers extensive industry experience through active experts in their profession, with excellent relations across industry bodies and a collaborative approach to promoting critical thinking, employability, flexibility and professionalism.

More about the department

Taught by experts

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.

Meet our expert staff

Fees

Foundation Year students

UK, EU and Channel Island students: Full-time Foundation Year fee: £9,250 per year for the foundation year. This tuition fee is agreed subject to UK government policy and parliamentary regulation and may increase each academic year in line with inflation or UK government policy for both new and continuing students.

Non-EU international students: Full-time Foundation Year fee: £16,000 per year. When progressing from the pre-degree foundation year to the linked degree. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study)

UK, EU and Channel Island students

UK, EU and Channel Island students: Full-time fee: £9,250 per year. This tuition fee is agreed subject to UK government policy and parliamentary regulation and may increase each academic year in line with inflation or UK government policy for both new and continuing students.

Non-EU international students

Non-EU international students: Full-time fee: £16,000 per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

Additional Information

A degree typically comprises 360 credits, a DipHE 240 credits, a CertHE 120 credits, and an integrated Masters 480 credits. The tuition fee for the placement year for those courses that offer this option is £1,850, subject to inflationary increases based on government policy and providing you progress through the course in the normal timeframe (no repeat years or breaks in study). The tuition fee for the study year abroad for those courses that offer this option is £1,385, subject to inflationary increases based on government policy and providing you progress through the course in the normal timeframe (no repeat years or breaks in study).

Additional costs

Specialist Costs

£10

Scientific calculator £10. All of the books required for the course are available from the library. The University also has PC labs and a laptop loan service. However, many students choose to buy some of the core textbooks for the course and/or a laptop. Students may also need to print their assignments and other documents. Campus printing costs start from 5p per page. Estimated costs are £300 for a laptop up to £100 each year for books and printing. Total optional cost: £600

Placement Costs

We have a dedicated Placement Team to support you in securing a placement with a professional employer. Fees for the Placement Year are substantially reduced. Additionally, you will incur costs including travel/living costs in securing and undertaking a placement. For the Overseas Study route, students should be aware that costs vary hugely between countries, areas and even between universities within the same country so it is very important to research costs well ahead of time.

Funding

Find out more about financing your studies and whether you may qualify for one of our bursaries and scholarships.

Money Matters

Want to know more?

How to apply

You can apply for this course through UCAS.

Apply now

UCAS code(s)

3 years full-time: N341

4 years with placement: 2W88

4 years with overseas study: 2P67  

Remember to use the correct institution code for Manchester Metropolitan University on your application: our institution code is M40

You can review our current Terms and Conditions before you make your application. If you are successful with your application, we will send you up to date information alongside your offer letter.

MANCHESTER IS YOUR CITY. BE PART OF IT.

Programme Review
Our programmes undergo an annual review and major review (normally at 6 year intervals) to ensure an up-to-date curriculum supported by the latest online learning technology. For further information on when we may make changes to our programmes, please see the changes section of our Terms and Conditions.

Important Notice
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. Please check back to the online prospectus before making an application to us to access the most up to date information for your chosen course of study.

Confirmation of Regulator
The Manchester Metropolitan University is regulated by the Office for Students (OfS). The OfS is the independent regulator of higher education in England. More information on the role of the OfS and its regulatory framework can be found at officeforstudents.org.uk.

All higher education providers registered with the OfS must have a student protection plan in place. The student protection plan sets out what students can expect to happen should a course, campus, or institution close. Access our current Student Protection Plan.

Top