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

The  Manchester Bursary  is available to UK students registered on an undergraduate degree course at Alliance MBS who have had a full financial assessment carried out by Student Finance England.

In addition, Alliance MBS will award a range of  Social Responsibility Scholarships  to UK and international/EU students.

These awards are worth £2,000 per year across three years of study.

You must achieve AAA at A-level (or equivalent qualification) and be able to demonstrate a significant contribution and commitment to social responsibility.

The School will also award a number of  International Stellar Scholarships  to international students achieving AAA at A-level (or equivalent qualification). Applicants who exceed AAA and/or have supplementary qualifications (such as EPQ) will receive additional consideration.

Additional eligibility criteria apply - please see our  scholarship pages  for full details.

Course unit details:
Quantitative Methods for Accounting and Finance

Course unit fact file
Unit code BMAN10750
Credit rating 20
Unit level Level 1
Teaching period(s) Full year
Available as a free choice unit? No

Overview

Semester 1
•    Basics: mathematical operators, algebra, liner relationships
•    Descriptive statistics
•    Probability theory and random variables
•    Probability distributions
•    Statistical inference (confidence interval and hypothesis (significance) testing)
•    Mean of one sample and difference between means of two samples
•    Covariance and correlation
•    Linear regression

Semester 2
•    Logarithms, quadratic equations
•    Functions and curves
•    Differentiation and integration
•    Partial differentiation
•    Matrix algebra
•    Linear programming
•    Time and money
•    Payoff matrices and decision trees
•    Simulation
•    Time series and forecasting

Lectures, seminars and the text book form the definitive course material. Wherever possible lectures and seminars will follow the notation and conventions used in the core text book.

All lecture and seminar materials will be available via Blackboard.
 

Pre/co-requisites

Core for BSc Accounting w/without IPE and BSc Business Accounting with IPE.

Core module for BSc Accounting and BSc Business Accounting. 

Aims

The course aims to allow students to understand quantitative and statistical modelling

and analytical techniques to a level necessary for quantitative finance. Some quantitative finance examples will be used, and students will be introduced to implementing tools
using Excel.

The course will prepare students for 2nd and final year courses including: BMAN23000 (A) & (B) Foundations of Finance, BMAN30091 Financial Derivatives, and BMAN30242 Financial Engineering.

 

 

Learning outcomes

On successful completion students will be able to understand the mechanics of the tools covered including their assumptions and limitations, understand their place in accounting and finance, apply the tools to a small dataset with the aid of a calculator, and apply the tools to larger datasets using Excel.

 

Teaching and learning methods

Lecture hours: 46

Seminar hours: 22

Total study hours: 200 hours split between lectures, classes, self-study and preparation for classes, coursework and examinations.

Employability skills

Other
Using information technology especially Excel spreadsheets in analysing and communicating statistical information will increase students’ set of transferable skills and employability. In addition, BMAN10750 will teach numeracy and problem solving skills both vital skills that enhance employability.

Assessment methods

100% by exam: 2 exams with formula sheets: One in each exam period (January and May).

 

Feedback methods

Feedback methods include informal advice and discussion during lectures and seminars, responses to student emails and questions from a member of staff and generic feedback posted on Blackboard regarding overall examination performance.

 

 

 

Recommended reading

Core textbook

Swift, L. & Piff, S. 2014. Quantitative Methods for Business Management and Finance, Palgrave Macmillan, 4th edition.
Chapter 1 - 4 (Essential Maths 1-4) to be read before lecture 1.

You are strongly advised to read the appropriate pages of the core text book before attending the relevant lectures and seminars. The lectures will be about discussing and expanding upon the material rather than the primary method of delivering the detail of the topics.
 

Study hours

Scheduled activity hours
Assessment written exam 3
Lectures 46
Seminars 22
Independent study hours
Independent study 133

Teaching staff

Staff member Role
Thomas Schleicher Unit coordinator
Liang Xu Unit coordinator

Additional notes

Pre-requisite course: n/a

Co-requisite course: n/a

Dependent courses: n/a

Programme restrictions: BSc Accounting and BSc Business Accounting students only

For Academic Year 2023/24

Updated: March 2023

Approved by: March UG Committee

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