- UCAS course code
- NN43
- UCAS institution code
- M20
Bachelor of Arts (BAEcon)
BAEcon Accounting and Finance
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Duration: 3 or 4 years
Year of entry: 2025
UCAS course code: NN43 / Institution code: M20
- Key features:
Study abroad
Industrial experience
Accredited course
- Typical A-level offer: AAA including specific subjects
- Typical contextual A-level offer: ABB including specific subjects
- Refugee/care-experienced offer: BBB including specific subjects
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL, including specific requirements
Fees and funding
Fees
Tuition fees for home students commencing their studies in September 2025 will be £9,535 per annum (subject to Parliamentary approval). Tuition fees for international students will be £31,500 per annum. For general information please see the undergraduate finance pages.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
Scholarships and bursaries, including the Manchester Bursary , are available to eligible home/EU students.
Some undergraduate UK students will receive bursaries of up to £2,000 per year, in addition to the government package of maintenance grants.
You can get information and advice on student finance to help you manage your money.
Course unit details:
Financial Decision Making
| Unit code | BMAN10522 |
|---|---|
| Credit rating | 10 |
| Unit level | Level 1 |
| Teaching period(s) | Semester 2 |
| Available as a free choice unit? | No |
Overview
1. Introduction to finance
2. The time value of money
3. Capital raising and evaluation of securities
4. The firm's capital budgeting decision
5. Share price behaviour and informational efficiency
6. Security risk and return
Pre/co-requisites
Only available to students on: BAEcon Business Studies, Accounting and/or Finance Specialists,BEconSci and Maths & Finance.
Aims
The aim of the course is to introduce students to finance, giving a foundation for subsequent finance courses in the second and third years. The approach is conceptual, emphasizing general principles, which students should be able to apply to specific problems and issues. The course introduces some of the basic techniques of finance: calculating the time value of money; valuing bonds and shares, techniques for appraising capital investments; characterising share price behaviour and the role of risk in security valuation. The main focus of classes is on problem-solving in particular finance contexts, with some consideration of discursive material.
Learning outcomes
By the end of the course students should:
- have a basic knowledge and understanding of the theoretical framework of finance;
- know some of the basic techniques used in finance;
- have a basic understanding of the role of research in finance;
- can solve problems in a variety of contexts in finance;
- understand
- the time value of money
- how companies raise capital
- how to value bonds and shares
- the firm's capital budgeting decision
- the concept of informational efficiency and associated share price behaviour
- the relation between security risk and return.
Teaching and learning methods
Lectures: 15 one hour lectures (2 hours each week)
Workshops: 6 one hour workshops.
Total study hours: 100 hours split between lectures, classes, reading, self-study and preparation for classes, coursework and examinations.
Employability skills
- Other
- One of the topics covered in the course deals with the history and institutional setup of the London Stock Exchange. The course will also familiarize the students with reading, analyzing and interpreting financial news through the usage of Financial Times. Students should find this information (complemented with further reading) to be helpful when looking for jobs in the UK financial industry.
Assessment methods
| Method | Weight |
|---|---|
| Written exam | 100% |
Feedback methods
- Informal advice and discussion during a lecture, seminar, workshop or lab.
- Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.
- Generic feedback posted on Blackboard regarding overall examination performance.
Recommended reading
Hillier, Clacher, Ross, Westerfield, and Jordan (2017), Fundamentals of Corporate Finance, 3rd European Edition, McGraw-Hill.
Study hours
| Scheduled activity hours | |
|---|---|
| Lectures | 15 |
| Practical classes & workshops | 6 |
| Independent study hours | |
|---|---|
| Independent study | 79 |
Teaching staff
| Staff member | Role |
|---|---|
| Arif Khurshed | Unit coordinator |
| Patricia Perlman-Dee | Unit coordinator |
Additional notes
Length of course: 12 weeks
Pre-requisites: None
Co-requisites: None
Dependent course units:
- BMAN23000(A) or (B) Foundations of Finance.
- BMAN20072 if taken alongside BMAN23000(A) or (B) Foundation of Finance.
- BMAN21011 Financial Markets & Institutions.
- BMAN20081 Financial Statement Analysis (as long as BMAN10501 Financial Reporting or BMAN10621 (A), (B) or (M) Fundamentals of Financial Reporting is also taken as a pre-requisite).
Programme Restrictions: Available to students studying on the following programmes - BA (Econ) Finance, BA (Econ) Accounting & Finance, BA (Econ) Finance & Economics, BA (Econ) Business Studies specialists, BSc Maths with Finance, BEcon Sci.
BMAN10522 is available to visiting and exchange students admitted through the University of Manchester International Programmes Office.
For Academic Year 2023/24
Updated: March 2023
Approved by: March UG Committee