BSc Hons Accounting and Finance Foundation Year course

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BSc Hons Accounting and Finance Foundation Year course

BSc Hons Accounting and Finance Foundation Year

Designed for students new to accounting and finance, this foundation year provides a solid foundation in key concepts and skills.

Develop your understanding of financial principles, accounting standards, and business practices, preparing you for success in your chosen career.

Some of the key topics covered include: financial analysis, budgeting, and financial reporting, as well as business law and ethics.

Gain practical experience through real-world case studies and projects, and develop essential skills in data analysis, problem-solving, and communication.

Take the first step towards a rewarding career in accounting and finance. Explore our BSc Hons Accounting and Finance Foundation Year course today and discover how you can achieve your goals.

Accounting and finance are the backbone of any successful business, and our BSc Hons Accounting and Finance Foundation Year course is designed to equip you with the essential skills to kick-start your career in this dynamic field. By studying accounting and finance, you'll gain a solid understanding of financial management, accounting principles, and financial analysis. This course offers a range of benefits, including career prospects in top-tier accounting firms, financial institutions, and industry leaders. You'll also have access to unique features such as industry-recognized certifications, guest lectures from industry experts, and a strong focus on practical skills.

Benefits of studying BSc Hons Accounting and Finance Foundation Year course

BSc Hons Accounting and Finance Foundation Year Course is a crucial stepping stone for individuals seeking to pursue a career in accounting and finance in today's market. The UK's accounting profession is facing a significant shortage of skilled professionals, with the Institute of Chartered Accountants in England and Wales (ICAEW) predicting a shortage of over 40,000 accountants by 2025.

Year Number of Students
2019-2020 34,400
2020-2021 28,400
2021-2022 31,400
The BSc Hons Accounting and Finance Foundation Year course provides students with a solid foundation in accounting and finance principles, preparing them for the demands of the industry. With the increasing demand for skilled accountants and finance professionals, this course is essential for individuals seeking to pursue a career in these fields. By understanding the current trends and industry needs, learners can make informed decisions about their career paths and stay ahead in the competitive job market.

Career path

**Career Role** **Job Market Trend** **Salary Range** **Skill Demand**
Accountant 8 40000-60000 70
Financial Analyst 9 50000-80000 80
Management Accountant 8.5 55000-75000 75
Investment Banker 9.5 80000-120000 90
Financial Manager 9 70000-100000 85
Auditor 8 45000-65000 65
Tax Consultant 8.5 50000-70000 70
Financial Planner 8 40000-60000 60

Learn keyfacts about BSc Hons Accounting and Finance Foundation Year course

The BSc Hons Accounting and Finance Foundation Year course is designed to provide students with a solid foundation in accounting and finance principles, preparing them for further study in a degree program.

Learning outcomes of this course include developing an understanding of financial reporting, accounting standards, and financial management, as well as acquiring skills in data analysis, financial modeling, and problem-solving.

The duration of the course is typically one year, with students progressing to a degree program in accounting and finance after completing the foundation year.

Industry relevance is a key aspect of this course, with many employers seeking graduates with a strong understanding of accounting and finance principles, as well as the ability to apply these principles in a real-world setting.

Students on this course will gain knowledge of financial accounting, management accounting, and financial management, as well as develop skills in financial analysis, budgeting, and forecasting.

The course is designed to be flexible, with students able to choose from a range of modules that cater to their interests and career goals.

Upon completion of the course, students will be well-prepared for a career in accounting and finance, with opportunities in industries such as public accounting, corporate finance, and financial planning.

The course is taught by experienced academics with industry experience, providing students with a unique blend of theoretical knowledge and practical skills.

Graduates of this course have gone on to secure jobs with top accounting and finance firms, as well as progress to postgraduate study in fields such as accounting, finance, and business.

Who is BSc Hons Accounting and Finance Foundation Year course for?

Ideal Audience for BSc Hons Accounting and Finance Foundation Year

Are you a school leaver looking to kickstart your career in accounting and finance? Our BSc Hons Accounting and Finance Foundation Year course is designed for students who want to pursue a degree in accounting and finance, but may not have the necessary qualifications or experience.

Typically, our students come from a range of backgrounds, including A-levels, BTECs, and other vocational qualifications. In the UK, for example, a 2020 survey by the Chartered Institute of Management Accountants (CIMA) found that 71% of management accountants started their careers with a non-traditional qualification.

Our ideal student is someone who is eager to learn and develop their skills in accounting and finance, but may need a bit of extra support to get started. They are likely to be motivated, disciplined, and enthusiastic about their future career prospects.

Some of the key characteristics of our ideal student include:

  • Strong academic background, but may not have the necessary qualifications for a direct entry to a BSc Hons Accounting and Finance degree
  • Interest in accounting and finance, and a desire to pursue a career in this field
  • Good communication and teamwork skills, with the ability to work effectively in a team environment
  • Flexibility and adaptability, with the ability to learn new skills and adapt to new situations

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Course content


Financial Accounting: This unit provides an introduction to the principles and practices of financial accounting, including financial statement preparation, accounting standards, and financial analysis. It is essential for students to understand the fundamental concepts of financial accounting to progress in their accounting and finance studies. •
Managerial Accounting: This unit focuses on the application of accounting techniques to support business decision-making, including cost accounting, management accounting, and performance measurement. It is crucial for students to understand the role of managerial accounting in driving business performance. •
Financial Management: This unit covers the principles and practices of financial management, including financial planning, budgeting, and financial control. It is essential for students to understand the key concepts of financial management to make informed decisions about investments and financing. •
Financial Markets and Institutions: This unit explores the structure and function of financial markets and institutions, including the role of banks, securities markets, and other financial intermediaries. It is vital for students to understand the financial markets and institutions to appreciate the flow of funds in the economy. •
Corporate Finance: This unit focuses on the application of financial management principles to corporate finance, including capital budgeting, dividend policy, and risk management. It is essential for students to understand the key concepts of corporate finance to make informed decisions about investments and financing. •
Financial Analysis and Planning: This unit provides an introduction to financial analysis and planning, including financial statement analysis, ratio analysis, and forecasting. It is crucial for students to understand the key concepts of financial analysis and planning to make informed decisions about investments and financing. •
International Accounting: This unit explores the differences and similarities between accounting standards and practices in different countries, including the role of international accounting standards and the impact of globalization on accounting practices. •
Financial Planning and Budgeting: This unit covers the principles and practices of financial planning and budgeting, including financial forecasting, budgeting, and control. It is essential for students to understand the key concepts of financial planning and budgeting to make informed decisions about investments and financing. •
Financial Reporting and Accounting Standards: This unit provides an introduction to financial reporting and accounting standards, including the role of financial reporting in supporting business decision-making and the impact of accounting standards on financial reporting. •
Business Finance and Investment: This unit explores the principles and practices of business finance and investment, including the role of risk management, portfolio management, and investment analysis. It is crucial for students to understand the key concepts of business finance and investment to make informed decisions about investments and financing.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


Fee and payment plans


Duration


Course fee

The fee for the programme is as follows:

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- * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

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Accreditation

Discover further details about the BSc Hons Accounting and Finance Foundation Year course

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  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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