Finance and Business Analytics BSc (Hons)

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

Chelmsford

September 2018


Overview

In addition to gaining firm understanding on International Financial Markets, this course equips you with the specialist skills, knowledge and experience in the use of big data, and statistical analysis to help companies to make more effective business decisions.

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Full description

Careers

On successful completion of this degree, you will be well prepared for entry into finance or business analytics careers such as business intelligence experts, financial business analyst, data architects, and enterprise architects. Possible roles include the management of design and development teams and leading information system initiatives and associated projects. 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

  • Introduction to Business Studies
    This module aims to equip you to function effectively as an independent self-learner within the higher education learning environment, with specific reference to the area of business management and business research. You will be introduced to the learning context and the responsibilities of the individual learner and encouraged to develop practical skills identified as being central to undergraduate business degree programmes. These will include the use of information technology, presentation skills (both individually and groups), critical thinking, report writing, business calculation, logical thinking in numeracy skills, problem solving, research and analytical skills using various database such as academic research databases including Fame, Osiris and Bloomberg. There are two elements of assessment within this module which will allow you to demonstrate skills such as research skills, data presentation, data interpretation, presentation and team working. This will allow you to demonstrate your understanding of critical thinking, research and analysis and is designed to not only gain greater understanding of a range of commercial applications but also to enhance your employability and transferrable skills such as critical analysis, data presentation and interpretation.
  • Introduction to Business Law
    Designed to provide a foundation across a broad range of legal issues, this module will provide you with an appreciation of the various ways in which law impacts on the domestic and international business environment. The module will focus on the nature and sources of business law in England; on contract law with regard to both goods and services and on the law of tort among others. There will also be a brief focus on the role of contract, with regards to employment law.
  • 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 Analytics I
    The aim of this module is to build and develop understanding and application of mathematics and statistics, appropriate for business disciplines at the undergraduate level. The module begins by reviewing various techniques for collecting and presenting data. Some important measures and techniques for making sense of raw data are then introduced which are widely used by businesses when analysing both their internal and external environments. This module supports a range of numerical skills and techniques commonly developed within the modules “Introduction to Accounting and Finance” and “Foundations of Finance” both in a theoretical manner and a practical approach through the use of Microsoft Excel. This module also provides mathematics and statistics skills which are integral to the business finance and economics modules which you will take in future semesters as part of your ongoing development. You will be helped to develop further your hands-on skills in using Microsoft Excel in computer workshops to handle both small and large business data. Careful attention will also be paid throughout the module to the interpretation and application of the various quantitative methods and techniques to the solution of real-world business problems.
  • Introduction to Management Accounting
    This module is designed to emphasise the acquisition and application of skills and knowledge necessary to inform managers responsible for planning, decision-making and control and will provide the underpinning skills and knowledge required for more advanced study. The key issues addressed will be the fundamentals of cost data collection, analysis and allocation of costs, costing of products and services, decision making using absorption (including Activity-based costing), marginal costing techniques and cash flows, budgeting and budgetary control. The key techniques and their theoretical underpinning will be explained in lecture sessions and you will be expected to work on practical examples and case studies for discussion and clarification in seminars.

Year two, core modules

  • Intermediate Macroeconomics
    This module builds on the Macro and Microeconomics, maths and statistics modules of the first year. It aims to develop a solid grounding in the tools and modelling approaches that underlie much of modern economics – both applied theory and empirical work. The module contents covers the core theory, developing an integrated model of goods, financial and labour markets. We focus on the three central variables of macroeconomics – output, unemployment, and inflation – and examine what factors may cause changes in these variables. The course introduces a unified framework for understanding the role of macroeconomic policy, namely the IS-LM model. We extend the IS-LM model to include an open economy and to explore the impact of fluctuations in exchange rates on international trade and cross border flows of capital. Successful completion of the module will allow you to begin applying rigorous economic analysis to issues and to have sufficient grasp of the tools of economic analysis begin to read the economic literature and to succeed in the final year applied economics modules.
  • Business Analytics II
    This module continues the thread of Business Analytics I, which as an introductory module includes fundamental principles and practical techniques in statistics. Within Business Analytics II you will encounter additional statistical concepts, theories and techniques which will enable you to examine a wider range of questions and scenarios in business, economics, marketing and finance and as such gain an appreciation on the diverse application of statistics. The topics within the module include estimation and confidence intervals, statistical inferences, analysis of variance, linear and multiple regression. The focus is therefore to develop analytical and critical thinking in respect of the application of data, data analysis, statistical concepts, theories and techniques to business decisions. Each topic will be introduced, explained and illustrated with examples, followed by practical sessions using SPSS. You will acquire knowledge and skills to perform statistical inferences, understand the key concepts in hypothesis testing, interpret and apply the concepts of the simple linear regression model and be able to carry out analyses in statistical software. Therefore, you will establish a framework to solve problems and understand the validity and interpret the meaning of statistical information.
  • Performance Management
    Looking forward and planning for the future is essential in any organisation. As organisations develop they must always have an eye on the future and make decisions that influence performance. Planning and decision making is a core aspect of business strategy and this module will look at the accounting and finance information that is used in planning and in support of the decision making process and control against those plans. It will introduce and demonstrate to you the accounting techniques which are used in planning and control and short and long term decision making. It will critique the various techniques, discuss the theoretical underpinning and reflect on application and validity. The module will also draw on aspects of organisational behaviour, and the risky, uncertain and quickly-changing environment in which many organisations operate.
  • 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.
  • Strategic Management
    Strategic Management is a fascinating discipline that studies the long-term purpose and direction of organisations, by looking at how to achieve a sustainable competitive advantage. The first part of the module focuses on core frameworks and analytical techniques that will enable you to assess the resources and capabilities of organisations in relation to the conditions of the industry and the macro environment, and stakeholder pressures. The module concludes with the evaluation of business-level and corporate-level strategies, providing a springboard to the Advanced Strategic Management module in the final year, focused on strategic implementation.
  • Corporate Law
    This module will provide you with an overview of the various forms of business association including, sole traders, partnerships, LLPs and companies. This module will then focus in detail on the law relating to corporates/companies. We will consider the legal consequences of incorporation and undertake an assessment of whether this results in ‘an abuse of corporate form’. Detailed consideration and analysis of the legal effect of the Articles of Association as a form of legally binding contract between the company and its members will also be considered. The module will also cover the tensions between the law and ethics, and the increasing role of jurisdiction within the corporate sphere, an issue that has gained prominence following the 2008 financial crisis. We will finally consider potential corporate liabilities of companies from a civil and criminal point of view. Discussions pertaining the ethics and governance as well as responsibility will also be included in order to provide the wider legal context undermining the corporate and financial sector.
  • Quantitative Methods for Banking and Finance
    Quantitative Methods for Banking and Finance module provides banking, finance and business analytics students with rigorous grounding of the essential econometrical skills that are required to solve 21st century banking, finance, economics and business analytics problems. You will be exposed to the fundamental econometric theories, tools and/or concepts in the context of linear regression setting. To this end, part of the learning process will make use of the Bloomberg terminal and the SPSS software package in parallel with the learning experience to help alleviate, articulate and eliminate theoretical and empirical problem areas. There will be a good balance of roughly 50% theory and 50% practice throughout the semester. The module is designed to minimise lecture and maximise hands-on experience in problem solving during the weekly lab sessions. Towards the end of this module, you will have an appreciation of the difficulties and complexities in solving real-world problems in the areas of banking, finance, economics and business analytics whilst concurrently accumulate the experience in using the econometrical tools from this module to further their studies such as mastering the art of modelling and forecasting. You will also have the opportunity to complete and pass the Bloomberg Market Concept (BMC) modules with the added bonus of earning Bloomberg Certification. The functional and practical knowledge gained from learning and using the SPSS software package will enhance your analytical research ability and employability for the job market.

Placement year (Optional)

  • Work Placement - Accounting Finance and Operations Management
    This is a pass/fail optional module. In a competitive job market, understanding how the professional work place functions, along with well-developed employability skills, are key to a graduate securing employment. The work placement gives you the opportunity to put into practice what would have been learned in the first two years and to enter their final year with the insights of their practical experience in the field. During this module you will undertake a work-based learning internship with a company or organisation where they will be supported in developing effective professional practices through guidance in generic and specific employability skills and through developing independent reflective learning practices to enhance your continuing professional development in the context of your own working environment. The module aims to provide you with experience of work in a business environment including familiarisation with a professional work environment. The module will be underpinned by employability skills training, reflective assessment and support from academic tutors. You will expected to be able to reflect on your experience in writing and orally, and demonstrate how you have applied theory, and learnings to date within a work-based environment. The assessment aims to support and develop your ability to demonstrate your professionalism, leadership and managerial skills to a prospective employer whilst also learning key communication and personal skills. - You must secure a placement, or placements (maximum 3) amounting to 9 months duration with minimum term of 3 months per placement. - Placement can start at any point from 1 June and must have started by 1 October.

Year three, core modules

  • Advanced Strategic Management
    This module introduces you to how an organisational strategy takes shape and what strategists actually do. The module is organised around five themes. Firstly, it focuses on the evaluation of strategic options in terms of suitability, acceptability and feasibility. Secondly, 'intended strategy development' versus 'emergent strategy development' is examined as two broadly different approaches of strategy development. The third theme covers the role of organisational structures and systems in strategy development. The fourth theme is the leadership of strategic change. Lastly, the module discusses the practice of strategy. You'll learn about practical examples associated with Strategic Management together with key problem-solving skills.
  • Business Forecasting and Simulation
    Managers often make decisions without knowing exactly what will happen in the future. The purpose of business forecasting is to reduce the uncertainty and to make better estimates or statements about events whose actual outcomes (typically) have not yet been observed. This module provides students with a sound understanding on forecasting models, including qualitative and quantities techniques, in particular time-series methods that have wide applications in business. Computer simulation methods are among the most commonly used approaches to assist in making decisions in investments, sales forecasting, scheduling, inventory control etc. This module teaches students the skills required to apply simulation to imitate a real world business problem, then to study impacts of changes, and finally, to draw conclusions and make action actions based on the results of simulation. Students will be taught how to use commercial simulation software such as Simul8 and Microsoft Excel.
  • Advanced 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.
  • Big Data Fundamentals
    This module will provide an introduction to Big Data analytics and explain key concepts, theories and issues of working with big data. You will develop an understanding of the fundamental principles of big data analytics and how the methods employed in analysis of big data differ from those used in analysis of small data sets. This module will equip you with tools and techniques that are essential to turn constantly expanding data to meaningful information. Big data fundamentals will enhance your skills in data extraction, interpretation of data structure, identification of patterns and trends within the data available within enterprise, external and in a variety of media resources, to provide a better solution to the relevant business problems. At the end of the module, you will develop an understanding of the strategic implications of big data analysis, and will be ready to face the challenges of work in contemporary data-rich business environments. The knowledge and skills in this field are increasingly in demand, therefore this module will help you become more competitive in the job market.
  • Exploring Business Research
    This module aims to provide an introduction to contemporary business research in the areas of accounting, finance and other relevant disciplines. It is designed to stimulate and excite as you explore a detailed area of contemporary research in modern business world. Your studies will include the introduction of theoretical frameworks, targeted literature searches, data collection using professional business database and data analysis utilising different methods. The final business report allows you to engage in a substantial piece of individual desk-based/secondary research focussed on a field relevant to their degree award and subject area under the supervision and guidance of members of academic staff. With guidance you will conduct business research based on theoretical frameworks, evaluate and critically appraise a range of information, investigate and adopt suitable desk-based methodologies to work with data, and determine solutions to those business research problems.

Year three, optional modules

  • Financial Investment Analysis
    Financial Investment Analysis provides finance academics and practitioners alike with a powerful tool to understand the financial investment world. This module equips you with the prerequisite background to comprehend investments by looking into the fundamentals and try to capture the salient features of financial data. This module extends, develops and applies some of the materials introduced in Financial Management and Foundations of Finance with rigorous grounding in the quantitative methods taught in Business Analytics I and II as well as Quantitative Methods for Banking and Finance. The module introduces and reviews statistical techniques and proceeds rapidly to model building and applications with financial securities from the Bloomberg Terminal. By the end of this module, you will have an appreciation of the difficulties and complexities of the financial world whilst concurrently will be ready to apply the tools and techniques to the art of value investing.
  • International Intercultural Management
    In an increasingly global business environment, those involved in international business and management must develop the insights and skills to interact with customers and stakeholders in a culturally sensitive way. The module introduces and examines the work of important researchers in the field such as Hofstede, Hall, Watson, Tayeb, Holden, Hampden-Turner and Trompenaars. It explores the application of these theories to decision making at an organisation level. Presenting cultural diversity as a central element in the phenomena of business change and organisational development through the use of case studies and interactive scenarios. It draws on the diversity of the student group as a resource and attempts to generate dynamic learning experiences.
  • Chinese (Mandarin)
    Perfect for complete beginners to the Chinese language, the module will focus on all four language skills (listening, speaking, reading and writing) in an integrated approach. It'll introduce key structures and vocabulary relevant topics whilst providing you with an insight into the Chinese society and culture.
  • French
    Foundation French is perfect for complete beginners to the language, the course focuses on all four language skills (listening, speaking, reading and writing) in an integrated approach. It’ll introduce key structures and vocabulary relevant topics whilst providing you with an insight into the French society and culture. Intermediate: If you’ve already studied French but would like to take it further, this module will develop your focus on all four language skills (listening, speaking, reading and writing) further in an integrated approach. It’ll expand upon the key structures and vocabulary relevant topics whilst providing you with an insight into the French society and culture.
  • Spanish
    Perfect for complete beginners to the language, the course will focus on all four language skills (listening, speaking, reading and writing) in an integrated approach. It will introduce key structures and vocabulary relevant topics whilst providing you with an insight into the Hispanic society and culture.

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, 2017/18 (per year)

£9,250

International students, 2017/18 (per year)

£11,700

UK & EU students, 2018/19 (per year)

£9,250

Placement year (UK, EU, international students)

£1,000

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Fee information

For more information about tuition fees, including the UK Government's commitment to EU students, 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.

UCAS Tariff calculator - 2018 entry

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Get more information

UK & EU applicants

01245 68 68 68

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International applicants

+44 1245 68 68 68

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