Finance BSc (Hons)

Full-time undergraduate (3 years, 4 years with placement)

Chelmsford

September 2017

Overview

You will get a firm understanding of international financial markets and bond markets while developing financial modelling skills and acquiring knowledge to make investment and financial decisions. We will put you on practice trading securities and stocks in our Bloomberg Financial Markets Lab, and you will obtain Bloomberg certification.

Not available for September 2016

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Full description

Careers

On successful completion of this degree, you will be well prepared for entry into finance related careers such as international finance, financial analysis, investment, insurance, or retail banking. The course also provides you broader business knowledge and general management skills that are sought after by businesses.

Through our Business School Intern programme, around 35 students each year get a business mentor, work experience, exclusive training and development, and a reference from our Dean.

Graduates from Lord Ashcroft International Business School moved directly into careers with prestigious Big Four auditors, such as Deloitte, PricewaterhouseCoopers (PwC), Deutsche Bank, Allianz Insurance, Grant Thornton and Accenture with a median salary of £33,000 (Destination of Leavers from Higher Educations in 2013/14).

Modules & assessment

Year one, core modules

  • Higher Education and Business Essentials for Leadership and Finance
    This module aims to equip you with the knowledge and skills that are essential for you to function effectively as an independent self-learner. You will learn the basic elements that are essential within the higher education learning environment, with reference to the general area of business management and the specific subject matters of Finance and Leadership. You will be introduced to the general responsibilities of being an individual learner within higher education context. The module also aims to help you to acquire and utilise the intellectual capacity and practical skills that are essential for successfully undertaking an undergraduate business degree programme with Finance and/or Leadership specialisation. The module aims to help you to understand, develop and apply essential academic and business skills including: time management; research, critical analysis and critical writing, assessment awareness and strategy, learning style, protocols concerning the use and referencing of other people’s ideas and work, relevant information technology and associated software packages, presentation skills and teamwork. This module provides you with the essential tools to be successful across your academic career.
  • Economics for Managers
    This module introduces you to the fundamentals of economics and focuses on applying key economic insights to business and management. First, the module focuses on microeconomics - the decisions and behaviour of individuals and firms. The economic principles underlying the determination of price and output, firm costs, industrial structure and market failures are outlined. Next, the module focuses on macroeconomics - the economy at national and international levels - and its impacts on business behaviour. You’ll learn how the key macroeconomic variables (inflation, unemployment, and so on) influence business activity and government macroeconomic policy.
  • Foundations of Finance
    This module introduces you to the basics of financial management. The purpose of this module is to equip you with a framework and basic tools and techniques necessary to make sound financial decisions. Both short and long term decisions need to be made within the corporate environment. In the short-term, organisations need to manage their liquidity position and to this end, you’ll learn about the main components of working capital management, including cash, inventory, receivables and payables management. Long term projects will also be evaluated using investment appraisal techniques such as accounting rate of return, payback method, internal rate of return and net present value analysis. The module will introduce you to the decisions that need to be made in relation to each of the concepts and the tools that can be used to aid in this decision-making. This will include evaluating sources of finance and the associated costs of each source, exploring the dividend policies that can be adopted by an organisation and the impact of such policies as well as using the aforementioned investment appraisal techniques to assess investment opportunities.
  • Mathematics for Economists
    This module provides a solid grounding in the theory and application of the mathematical techniques widely used in Economics. Mathematics is the language of economics and the techniques taught in this module form the foundations upon which the material in subsequent years are built. The module begins with revision of basic algebra and then covers: exponents, roots and logarithms; manipulation of algebraic expressions; linear and non-linear functions and more. The module runs over semester 1 and semester 2 in the first year of BSc Business Economics.
  • Micro and Macroeconomics
    This module builds on the first year Economics for Managers module, to help you develop a thorough understanding of the economic concepts and models that underpin micro and macroeconomics. Economic models are used to introduce you to the analytical methods of reasoning that form the core of economics. The module also emphasises ability to apply, analyse, and acknowledge the limitations of the theories and models. It aims to show how microeconomic and macroeconomic analysis casts light upon intellectual and real world policy issues.
  • Business Economics
    This module is an introductory economics course designed to provide an introduction to the fundamentals of economics and focuses on applying key insights to business and management applications. Due to the nature of modern economics the approach of the module is necessarily analytical, but the analysis is non-technical and relies on verbal reasoning and graphical methods. The first part of this module focuses on microeconomics - the decisions and behaviour of individuals and firms, and of government within a single industry. The economic principles underlying the determination of price and output, firm costs, industrial structure and market failures are outlined. The second part of the module focuses on macroeconomics - the economy at aggregated national and international levels - and its impacts on business behaviour; covering the key macroeconomic variables and how they influence business activity and government macroeconomic policy.
  • Introduction to Organisations and Management
    Management in practice is about supporting people to work effectively in different organisational contexts. Regardless of your technical area, type of organisation or job position, you will need to manage your relationships with colleagues, managers, subordinates and customers. This module will equip you with knowledge and skills to help you understand how people and organisations function at individual, group and organisational levels based on the latest academic evidence.

Year two, core modules

  • Intermediate Economics
    This module builds on the macro and micro economics, maths and statistics modules of the first year. It aims to provide you with a solid grounding in the tools and modelling approaches that underlie much of modern economics. It covers aspects of both macro and micro economics, though with greater focus on microeconomics and its application to strategic decisions within firms. The module covers the theoretic approaches to problems of uncertainty, asymmetric information and strategic behaviour that underpin modern microeconomics and its application to real business and management issues. The macroeconomic part covers models of growth, business cycles and the role of money in the macro economy. The assessment is in two parts: the assignment allows you to apply microeconomic principles to the real world and explore their implications and limitations at length; the final exam focuses on analysing, solving and interpreting theoretical models.
  • Introduction to Trading and Investment
    This module will help you make informed investment decisions in your personal and professional lives by providing a solid foundation of core concepts and tools. The module will use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. You will leave the module with the necessary information for developing, implementing, and monitoring a successful investment program. Furthermore, you will gain the foundation knowledge necessary to trade and invest with confidence and understand financial terminology, alongside price valuation, trading & technical analysis, and investing & portfolio management. You will be taught in our bespoke Bloomberg Financial Markets Lab.
  • Financial Management
    The main aim of this module is to provide a rigorous grounding in the theory and practice of financial management. Financial management is concerned with the assessment of the investment and financing decisions of firms elaborating concepts from previous modules. Within this module you’ll gain knowledge of the theoretical foundations underlying much of financial management practice and learn how those theories should be applied in practice. This module will explore investment and financing functions of an organisation in great detail by covering such issues as advanced investment appraisal, risk and return and treasury management.
  • Econometrics
    This module provides an introduction to the theory and practice of quantitative economic modelling and the use of empirical methods in economics. It aims to provide a practical grounding in the subject in order to enable you to understand and interpret results published in the applied economics literature and to undertake your own empirical work. It emphasises developing practical experience of working with real economic datasets using a standard econometric package, rather than abstract derivations and proofs. The module is largely based around the classical linear regression model and its estimation by Ordinary Least Squares. The module covers the specification and estimation of basic econometric models, their use for inference, the importance of diagnostic and statistical testing, and interpreting and evaluating your results. The module is assessed by means of an empirical project which applies the econometric techniques learned in the module to an economic dataset (50%) and a one and a half hour final unseen exam (50%).
  • Business Research Methods
    This core module introduces you to the various methods of undertaking business research - vital tools for anyone hoping to pursue a career in business. The module covers a range of qualitative and quantitative research methods. It’s a practical module informed by theory and real-life examples, which’ll help you to explore the philosophical debates underlying business and management research and consider how they relate to our understanding of knowledge and business practice. You’ll be encouraged to develop your ability to critically assess both the theory and practice of business and management research and to reflect on your own learning and development. This module will help you think about a final project and give you confidence in using research methods.
  • Financial Sustainability
    Within this module you will be introduced to how sustainability (economic, environmental, social and governance) issues have a direct impact on risk exposure and management and the quality of public, private and government debt/equity investments within the global financial market. By the end of the module, you will understand how these issues affect investment decisions made by institutional investors, corporate lenders, insurance companies, asset management funds, hedge funds, venture capitalists and retail investors, as well as business decisions made by corporate managers.

Year three, core modules

  • Derivative Markets
    Our state-of-the-art Bloomberg Financial Markets Lab provides a hands-on basis for this complex subject. You will put your theoretical knowledge into practice by building effective portfolios and techniques to “beat the market” trading and investing in virtual money. Hedgers, speculators and arbitrageurs have been crucial in the development and proliferation of financial instruments, especially derivatives, futures, options and swaps. Financial instruments play a significant role in risk management across the global markets. They are extensively used for minimising risks and transferring to those who are essentially willing to take risks. You will look into the relationships between the various elements of financial instruments as well as gaining an appreciation of core themes which are prevalent throughout financial analysis. Econometric modelling will equip you with an in depth understanding of the methods involved in determining risk and return from a global perspective.
  • Practising Sustainable Business
    This module will explore a number of alternative approaches to business which stem from a broader outlook of business value, including social enterprises, and discuss the benefits of business coalitions and networks. This module encourages you to recognise the diverse nature of the current workforce and the advantages this diversity can offer to employers. You will explore both the ethical and social framework underlying the management of diversity and will explore why diversity is important, emphasising the benefits in terms of improving creativity as well as understanding the policies and practices that support the effective management of diversity and ethics within businesses. You will also address the importance of understanding and managing the natural capital within business. It will cover mechanisms for ‘valuing’ this capital within the financial framework of a business and how this can improve the resilience of a company to future environmental risks. It will include the issue of corporate reporting of social & environmental risks and impacts (and the debates about this, e.g. in the EU and around the Rio 2012 conference).
  • Corporate Finance
    This module will provide you with a rigorous grounding in the theory and practice of corporate finance at an advanced level, and a thorough synthesis of the most important current research in corporate finance, with an emphasis on the applications of the principles. Both normative and positive aspects of the theory are examined, together with supporting descriptive and empirical evidence. This module extends, develops and applies some of the materials introduced in previous modules and focuses on key aspects of the financial operations related to maximising the valuation of a corporation in an international environment. Principles that corporations use in their investment and financing decisions making are reviewed and practices evaluated. This includes portfolio management, fisher's separation theorem, and arbitrage pricing theory technical analysis, fundamental valuation and relative valuation investment strategy.
  • Undergraduate Major Project
    Undertaking a Major Project allows you to engage in a substantial piece of individual research, and/or product development work, on a selected topic within the broad business and management field, relating to your particular interests and background, although closely linked to our wide range of staff interests and research. You will have many group sessions to support your project, plus the supervision by an academic member of staff. The project also encourages students to share ideas and approaches. The chosen topic will be in your course subject area and require you to identify/formulate problems and issues based on a range of topics provided by conducting a literature review and evaluating information. You will investigate and adopt a suitable desk based methodology and determine solutions, perhaps developing hardware, software and/or media artefacts as appropriate. You will critically appraise and present your findings, reflecting upon the limitations of your research and the research process.

Assessment

We'll assess your work in a variety of ways including exams, coursework, essays and activity-based assignments. So expect, for example, problem-solving activities, consultancy projects, presentations, computer-based exams, a trading simulation portfolio and group or individual reports. You'll also be able to access support materials through our virtual learning environment (VLE).

Where you'll study

Your faculty

The Lord Ashcroft International Business School is one of the largest business schools in the East of England, with nearly 100 full-time teaching staff and approximately 6,000 students from more than 100 countries.

Our striking and award-winning business school building in Chelmsford, as well as new buildings in Cambridge, offer the most advanced learning technologies. We’re well-recognised for our centres of excellence by students, employers and professional bodies alike.

What makes us stand out is that our courses don't just give you sound academic knowledge – they’re at the cutting edge of current business practice and highly relevant to employers. This is owing to the close links we have with the business community and the partnerships we've developed with a wide variety of businesses and public service organisations. 

We're interested in people who are confident, ambitious and ready to take the challenge of making a difference in the world of business. If that's you, we'd love to hear from you.

Where can I study?

Chelmsford
Tindal Building on our Chelmsford campus

Our striking, modern campus sits by the riverside in Chelmsford's University and Innovation Quarter.

Explore our Chelmsford campus

Additional study information

You’ll study in our Centre of Excellence in Accounting and Finance, supported by academic researchers, professionals and our Bloomberg Financial Markets Lab – a bespoke financial trading platform providing live financial information about companies trading on global stock exchanges. The Lab is integrated into the curriculum to enhance your learning, professional development and employability as well as encourage your interest in the financial markets. It also gives staff and students to opportunity to collaborate. There’s also a Bloomberg app, so you can access the Lab while you’re on the move.

Placement year

We want to make sure that you’re fully prepared for an increasingly competitive job market, so we offer a four-year degree option which includes a work placement in the third year. It’s an opportunity to apply and enhance your skills while developing new ones. You’ll also build valuable professional networks.

It could be that you have one placement during Year 3, or you could have two or three, giving you the chance to experience different organisations and working practices. Many of our students find that their placement company hires them when they graduate. We have a specialist team to help you find a placement and support you during this year. You might work in the UK or go abroad: our students have worked at leading organisations such as PricewaterhouseCoopers, Bosch, BMW, Airbus, BskyB and KPMG. This period of work experience can help set your final-year studies in context and may well help with your dissertation topic. All in all, it’s a fantastic way to stay ahead of the competition!

Studying abroad

You could broaden your horizons by spending time living and studying abroad. This could be a short study visit or a semester spent in Europe, Canada, the USA or Malaysia. It will look great on your CV and help you take advantage of opportunities in the international job market.

Fees & funding

Course fees

UK & EU students, 2016/17 (per year)

£9,000

International students, 2016/17 (per year)

£11,000

UK & EU students, 2017/18 (per year)

£9,250

International students, 2017/18 (per year)

£11,700

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For more information about tuition fees, please see our UK/EU funding pages

How do I pay my fees?

Tuition fee loan

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Most English undergraduates take out a tuition fee loan with Student Finance England. The fees are then paid directly to us. The amount you repay each month is linked to your salary and repayments start in April after you graduate.

How to apply for a tuition fee loan

Paying upfront

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If you choose not to take out a loan you can pay your fees directly to us. There are two ways to do this: either pay in full, or through a three- or six-month instalment plan starting at registration.

How to pay your fees directly

International students

You must pay your fees up-front, in full or in instalments. You will also be asked for a deposit or sponsorship letter for undergraduate courses. Details will be in your offer letter.

Paying your fees
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Funding for UK & EU students

We offer most new undergraduate students funding to support their studies and university life. There’s also finance available for specific groups of students.

Grants and scholarships are available for:

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Funding for international students

We've a number of scholarships, as well as some fee discounts for early payment.

Entry requirements

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Important additional notes

Our published entry requirements are a guide only and our decision will be based on your overall suitability for the course as well as whether you meet the minimum entry requirements. Other equivalent qualifications may be accepted for entry to this course, please email answers@anglia.ac.uk for further information.

We don't accept AS level qualifications on their own for entry to our undergraduate degree courses. However for some degree courses a small number of tariff points from AS levels are accepted as long as they're combined with tariff points from A levels or other equivalent level 3 qualifications in other subjects.

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International students

We welcome applications from international and EU students, and accept a range of international qualifications.

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English language requirements

If English is not your first language, you'll need to make sure you meet our English language requirements for undergraduate courses.

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Improving your English language skills

If you don't meet our English language requirements, we offer a range of courses which could help you achieve the level required for entry onto a degree course.

We also provide our own English Language Proficiency Test (ELPT) in the UK and overseas. To find out if we are planning to hold an ELPT in your country, contact our country managers.

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Get more information

UK & EU applicants

01245 68 68 68

Enquire online

International applicants

+44 1245 68 68 68

Enquire online