Banking and Finance (Foundation Year)

Banking and finance expertise is valuable in all industries. This course is a stepping stone to a degree and an exciting career in this area.

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

We're a double-accredited Business School

Overview

Accounting, banking and finance experts make success possible in organisations of all sizes. 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.

This foundation year will prepare you for solving fiscal challenges big and small.

We work with employers such as Accenture, BNY Mellon, KPMG, PwC and IBM to ensure our courses teach you the skills and knowledge you need in business.

Once you start your full degree, you’ll learn about the challenges these and other organisations face, while developing sought-after banking, financial and management skills.

You’ll also develop specialist knowledge in areas such as corporate finance, risk management and management accounting.

Laying strong foundations

This course is designed to prepare you for studying our Banking and Finance degree. 

It will help you develop the skills and knowledge you need to study for an honours degree, even if you don’t currently meet the academic requirements.

Once you’ve passed, you’ll be ready to start your degree course. That means your degree will take four years, or five years if it includes a work placement or year studying abroad.

Features and Benefits

  • Adapt to university life – develop your study skills, familiarise yourself with our Manchester campus and get the support you need to prepare for a full degree course. 
  • Funding support – you can apply for student finance (e.g. tuition fee loan, student loan and student maintenance grant) in the same way as other students.
  • Association of Chartered Certified Accountants (ACCA) exemptions – qualify for exemptions from ACCA professional accountancy exams when you complete your full degree.
  • Location – study in the engine room of the Northern Powerhouse. Manchester boasts one of the largest financial services economies in Europe.
  • Learn from experts – the teaching team at Manchester Met are at the top of their game. We’re the largest provider of accountancy training in the North West of England.
  • Free access to Bloomberg Terminal – a leading global platform used by the world’s banks, corporations and government agencies for news, data, analytics and research.
  • Broaden your horizons – make the most of our industry connections and experience what it’s like to work in financial services or study overseas during your fourth year.
  • Regular industry events – attend guest talks and masterclasses, network with businesses, or take part events in the Accounting, Finance and Banking Society’s programme.
“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

“The Foundation Year gives students the perfect environment to advance academic abilities prior to continuing onto their link degree. Key skills and knowledge gained during the year give an excellent grounding for students to go on and successfully complete their degree.”

Garry Blair, Link Tutor

Career Prospects

Successfully completing your foundation year will set you on the path towards a full BA (Hons) Banking and Finance.

This is just the beginning of your journey to becoming a banking or finance professional.

The full degree course prepares you for a high-level career in the financial planning, wealth management or banking sectors. 

Our courses are known for their relevance and quality. As a result, our graduates have been hired by many leading firms in the financial services sector such as Deloitte, Experian and KPMG.

You can boost your employment prospects by going on a placement or studying overseas in your fourth year.

Because our full degree course is approved or accredited by professional bodies, it can pave the way to professional or chartered status in a number of areas.

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

72-80

A minimum of 72 - 80 Tariff Points from A level grades DDD - CDD or acceptable alternatives (such as level 3 BTEC  Extended Diploma MMP or BTEC Diploma DM).

 

Specific GCSE requirements

GCSE grade D or grade 3 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 74 UCAS tariff points.

International Baccalaureate points

24 IB Points

IELTS score required for international students

5.5 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

This Foundation Year aims to equip you with the necessary knowledge in business and on successful completion of your studies, you can progress onto the first year of our Accounting, Finance and Banking degrees.

During this year you will study a variety of units. Please see below:

Read more about this year of study

Core Units

Business Intelligence

The aim of the unit is to provide a foundation for the understanding, analysis and interpretation of real-life business data and equip students with a structured approach in using data to identify key business performance metrics and issues arising.

Indicative content includes:

1. Data and Information: an introduction to data; what data is; where data comes from; the different types of data that exist in organisations; how data can become information to assist business decision making.

2. Big Data: introduction to the issues surrounding Big Data and the implications of Big Data on organisations.

3. Managing data in organisation: introduction to how data is stored and retrieved; how to maintain quality of data; privacy issues; ethical issues.

4. Using data in organisations: marketing and customer Data; Business to Business sector sales analysis, customer performance over sales periods, sales-force performance, customer sales trends and values, segmenting customer base on performance indicators

5. Basic Number Work: Basic arithmetic; mental calculations, BODMAS. Directed numbers, fractions, decimals, percentages, ratios and proportions. Calculating efficiently using a calculator. Logic.

6. Descriptive Statistics: Introduction to data sources; primary and secondary data, types of sampling; random, stratified, quota and cluster, together with their advantages and disadvantages, graphical illustration of data; bar and pie charts, histograms, box and whisker plots, cumulative frequency diagrams etc. the calculation and use of summary statistics; mean, median, mode, standard deviation and IQ range etc.

7. Statistical Techniques: introduction to a range of techniques including probability, correlation and regression and forecasting.

8. Data Handling and Interpretation: Introduction to the use of Microsoft Excel spread sheets to order and manipulate data and to analyse and present data in report format using appropriate software programmes such as Microsoft Word.

Accounting, Finance and Economics for Business

This unit aims to provide an applied introduction to key principles in economics through a range of topical issues and policy. The unit will enable students to understand and interpret financial statements and use costing techniques.
Indicative content includes:

  • Scarcity, supply, demand, externalities, inflation, unemployment, economic growth, international trade. Introduction to and financial analysis of key financial statements.
  • Accounting systems including book of prime entry.
  • The difference between cash flows and profit flows in business cost determination, cost behaviour and decision making.
  • Budgetary planning and control.
Academic Skills for Higher Education

This unit is designed to help students to develop the skills required to be successful in their academic career. Indicative content includes:

  • Academic skills: HE terminology, assessment formal processes/mechanisms, critical thinking and logical analysis, developing an academic argument, presenting evidence, oral presentations, exam techniques & strategies, independent learning, reading techniques, note taking, learning styles, study skills including: time management and working in teams.
  • Employability skills: commercial awareness and research skills, personal development planning, self evaluation/reflection, action planning, target setting and skill acquisition and development.
  • General writing skills: Punctuation & sentence structure, report writing, Referencing methods, critical writing, HE academic standard conventions, academic writing styles & their typical features,effective communication - being succinct and concise.
  • Planning for assessed work: purpose, audience, structure, coherence and logical order of information.
  • Research skills: Research principles, conducting research, research design and methodology, analysing and presenting research data, report-writing.
Introduction to Business

This unit facilitates and supports students' learning in the area of business. A broad range of topics associated to the internal and external business environments are covered that encompasses theory and its practical application.


Term 1 - The unit starts by discussing the development of business in a modern context. Next the 'individual' is focused upon where motivational, role and leadership theory are given context. The unit will then exam  both the internal and external business environments. In doing so the unit focuses on organisations, entrepreneurship and the use of SWOT analysis. The external environment will encompass the political, economic, social, technological, ethical and legal issues that modern businesses face. During this term assistance and time will be given to assist with the academic essay coursework.

Term 2 - Encompasses `competition of market' Porters 5 forces are introduced as well as competition ratio's and differing types of markets. This will be followed by Marketing and Human Resource management. During this term focus and time will be given to assist with the group presentation coursework.

Option Units

English and Academic Practice (Optional Unit)

This unit is designed to provide those whose first language is not English and who come from outside the EU with the language and study skills needed for effective transfer to UK undergraduate courses at Manchester Met. You will learn to present themselves effectively in speaking and writing and to use printed, electronic and other materials and resources efficiently for higher education study. Course content will include language and study skills activities.

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

Placement options

If you choose the placement route of the linked honours degree you will include a minimum of 36 weeks work experience as part of your degree studies. Our dedicated placement team has over 25 years experience of matching students to employers and will help you find a placement.

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)

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

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.

Placement Costs

There may be the opportunity to attend visit days with local business organisations, the cost of which will usually be covered by the University. These trips are optional.

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)

2S13

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