BSc Management Accounting Fast Track

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BSc Management Accounting Fast Track

BSc Management Accounting Fast Track


Designed for ambitious individuals, this course provides a comprehensive introduction to management accounting, focusing on financial management and decision-making.


Learn to analyze financial data, create budgets, and make informed business decisions with our expert-led modules.


Develop essential skills in financial planning, budgeting, and forecasting to drive business success. Our flexible, online learning approach allows you to balance study with work and life commitments.

Take the first step towards a rewarding career in management accounting and explore our BSc Management Accounting Fast Track course today.

Management Accounting is the backbone of any successful business, and our BSc Management Accounting Fast Track course is designed to equip you with the skills and knowledge to excel in this field. By studying Management Accounting, you'll gain a deep understanding of financial management, cost accounting, and performance measurement, as well as develop essential business skills such as leadership, communication, and problem-solving. With Management Accounting as your foundation, you'll enjoy career prospects in industries such as finance, accounting, and consulting, with average salaries ranging from £25,000 to £40,000. Our course also features flexible learning and industry connections.

Benefits of studying BSc Management Accounting Fast Track

BSc Management Accounting Fast Track is a highly sought-after qualification in today's market, with the UK's Institute of Chartered Accountants in England and Wales (ICAEW) reporting a 25% increase in demand for management accountants in 2020. This growth is driven by the need for businesses to make informed decisions, optimize resources, and improve profitability. According to a survey by the Chartered Institute of Management Accountants (CIMA), 75% of employers believe that management accountants play a crucial role in driving business growth and success. The BSc Management Accounting Fast Track program equips learners with the skills and knowledge required to excel in this field, including financial analysis, budgeting, and forecasting.

Year Number of Management Accountants
2020 34,400
2015 24,400
2010 17,400

Career path

Learn keyfacts about BSc Management Accounting Fast Track

The BSc Management Accounting Fast Track is a comprehensive degree program designed for students who want to pursue a career in management accounting. This program is ideal for individuals who have relevant work experience and want to enhance their knowledge and skills in management accounting.

Learning Outcomes:
The BSc Management Accounting Fast Track program aims to equip students with the following learning outcomes:
- Develop a deep understanding of management accounting principles and practices
- Analyze and interpret financial data to inform business decisions
- Apply management accounting techniques to drive business performance and growth
- Develop effective communication and interpersonal skills to work with stakeholders
- Demonstrate an understanding of the role of management accounting in strategic decision-making

Duration:
The BSc Management Accounting Fast Track program typically takes three years to complete, with students starting with foundation modules and progressing to more advanced topics. The program is designed to be flexible, allowing students to balance their academic studies with work commitments.

Industry Relevance:
The BSc Management Accounting Fast Track program is designed to equip students with the skills and knowledge required to succeed in the management accounting profession. The program is relevant to a wide range of industries, including finance, industry, and public services. Graduates of this program can pursue careers in management accounting, financial management, and business analysis.

Assessment:
The BSc Management Accounting Fast Track program uses a range of assessment methods, including exams, assignments, and group projects. Students are assessed on their ability to apply management accounting principles and practices to real-world scenarios, as well as their ability to communicate complex ideas effectively.

Career Opportunities:
Graduates of the BSc Management Accounting Fast Track program can pursue a range of career opportunities, including management accounting, financial management, business analysis, and financial planning. The program is also relevant to roles such as financial controller, financial analyst, and business development manager.

Who is BSc Management Accounting Fast Track for?

Ideal Audience for BSc Management Accounting Fast Track
Who is this course for? The BSc Management Accounting Fast Track is designed for ambitious individuals who want to kick-start their career in management accounting. If you're a recent graduate or someone looking to transition into a management accounting role, this course is perfect for you. You'll be part of a cohort of like-minded individuals who share your passion for numbers and business.
What do you need to succeed? To get the most out of this course, you'll need to be a motivated and dedicated learner. You should have a strong foundation in mathematics and English, as well as a willingness to learn and take on new challenges. In the UK, the average salary for a management accountant is around £35,000-£45,000 per annum, with opportunities for career progression and advancement.
What are the benefits? By completing the BSc Management Accounting Fast Track, you'll gain a solid understanding of management accounting principles and practices, as well as valuable skills in data analysis, financial planning, and decision-making. You'll also have the opportunity to network with fellow students and industry professionals, and gain access to a range of career opportunities in the UK and beyond.

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Course content


Financial Reporting: This unit covers the preparation and presentation of financial statements, including the balance sheet, income statement, and cash flow statement, as well as the use of accounting standards and regulatory requirements. •
Cost Accounting: This unit focuses on the measurement, analysis, and control of costs, including direct and indirect costs, absorption costing, and variance analysis, with an emphasis on the application of cost accounting in management decision-making. •
Management Accounting: This unit explores the role of management accounting in supporting business strategy and decision-making, including the use of management accounting techniques such as budgeting, forecasting, and performance measurement. •
Financial Management: This unit covers the management of a company's financial resources, including financial planning, budgeting, and financial analysis, with an emphasis on the application of financial management principles in a fast-paced business environment. •
Financial Planning and Budgeting: This unit focuses on the development of financial plans and budgets, including the use of financial models, forecasting, and scenario planning, with an emphasis on the application of financial planning and budgeting in a management accounting context. •
Financial Analysis and Interpretation: This unit covers the analysis and interpretation of financial data, including financial statement analysis, ratio analysis, and trend analysis, with an emphasis on the application of financial analysis and interpretation in management decision-making. •
Business Finance: This unit explores the principles of business finance, including the time value of money, risk and return, and capital budgeting, with an emphasis on the application of business finance principles in a management accounting context. •
International Financial Management: This unit covers the management of a company's international financial operations, including foreign exchange management, transfer pricing, and international financial reporting, with an emphasis on the application of international financial management principles in a global business environment. •
Financial Management Information Systems: This unit focuses on the use of financial management information systems, including financial planning and budgeting software, financial analysis and reporting tools, and enterprise resource planning systems, with an emphasis on the application of financial management information systems in a management accounting context. •
Financial Management in Practice: This unit applies the principles of financial management to real-world business scenarios, including case studies and group projects, with an emphasis on the application of financial management principles in a practical management accounting context.

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 Management Accounting Fast Track

Why choose LSPM ?

  • ✓ 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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