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Course Description

The undergraduate BSc Accounting & Finance programme is topically focused on accounting and finance but is fundamentally grounded in other core social science disciplines as well as practically connected to the social sciences through optional courses and LSE100.

Specifically, in addition to developing core knowledge and skills in accounting and finance, you will learn to analyse how accounting and finance is concerned with a range of institutional and organisational processes of calculation, reporting, and evaluation. You will also learn to appreciate the interdependencies between accounting and accountability, financial management and risk, performance management and sustainability, governance and regulation, policy making and change, among other key fundamental concepts related to, implicated in, or affected by accounting and finance. You will learn to critically evaluate the use and suitability of accounting and finance techniques in different contexts. You will gain a deep understanding of the nature of organisations in the economy and society, and the crucial role that accounting and finance play in societies, economies, institutions, markets, organisations, and even individual behaviours.

This diverse social science approach to accounting and finance makes our graduating students highly sought after by a wide range of organisations globally in any area related to accounting or finance, and even beyond into other areas. Recent graduates of this programme have gone on to work in the areas of professional accountancy, investment banking, investment analysis, management consultancy and financial management, but also in the public sector as well as into further academic study. If you successfully complete the degree, then depending on the optional courses you have taken, you may be eligible for exemptions for some examinations of the professional accountancy bodies.

The undergraduate BSc Accounting & Finance programme is topically focused on accounting and finance but is fundamentally grounded in other core social science disciplines as well as practically connected to the social sciences through optional courses and LSE100. Specifically, in addition to developing core knowledge and skills in accounting and finance, you will learn to analyse...

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Course Content

The degree involves studying courses to the value of 12 units, over three years, plus LSE100. Half of these are in accounting and finance, and half in related disciplines. You will have the opportunity to specialise to a certain degree in various fields within accounting and finance. Please note that the LSE100 course is under review.

First year

In your first year, you will take introductory courses in accounting and finance, economics, mathematics and statistics, as well as LSE100 which is taught in the Lent term only. You may also be able to take an outside option depending on your choice of mathematics and statistics courses. If you have A level Economics or equivalent, you will take Economics B; otherwise, you will take Economics A. Please note that the LSE100 course is under review. 

(* indicates half-unit course)

Elements of Accounting and Finance
Will introduce you to the preparation, uses and limitations of accounting information and to some issues in finance and investment.

Either 
Economics A
Provides a foundation in economics, primarily for those without significant background in the subject. 
Or
Economics B
An introductory course in microeconomics and macroeconomics.

Route A: for students without A-level Mathematics, or equivalent

Statistical Methods for the Social Sciences
A basic foundation in elementary statistical methods, theory and statistical reasoning.

Basic Quantitative Methods
Provides students with the elementary mathematical tools that are needed to study Economics. 

Route B: for students with A-level Mathematics, or equivalent

Either
Quantitative Methods (Mathematics)*
Develops the basic mathematical tools necessary for further study in economics and related disciplines.
And
Quantitative Methods (Statistics)*

Develops elementary statistical tools necessary for further study in management and economics.
And
Optional courses to the value of one unit

Or

Elementary Statistical Theory
Provides a precise treatment of introductory probability theory, statistical ideas, methods and techniques.
And
Mathematical Methods

An introductory-level course if you wish to use mathematics seriously in social science, or in any other context.

LSE100
Beginning in the Lent term, LSE100 is compulsory for all LSE undergraduate students, and introduces you to the fundamental elements of thinking like a social scientist. Please note that the LSE100 course is under review. 

Second year

In your second year, you will take an accounting course and a Principles of Finance course, depending on your quantitative background. You will take either Microeconomic Principles I or Macroeconomic Principles and will select a fourth course from a range of options. You will also continue to take LSE100, in the Michaelmas term only. Please note that the LSE100 course is under review. 

Accounting Theory and Practice
Provides an in-depth knowledge and understanding in accounting theories and practices underlying major accounting issues.

Either
Principles of Finance I

Examines companies' longer term investment decisions, and the ways in which these may be financed in the financial markets.
Or
Principles of Finance II
A more quantitative course examining companies' longer term investment decisions, and the ways in which these may be financed in the financial markets.

Either
Microeconomic Principles I
This is an intermediate course in microeconomic analysis.
Or
Macroeconomic Principles
This is an intermediate course in macroeconomic analysis.

Outside options to the value of one unit

LSE100
Continuing on from the Lent term of the previous year, LSE100 is compulsory for all LSE undergraduate students, and introduces you to the fundamental elements of thinking like a social scientist. Please note that the LSE100 course is under review. 

Third year

In your third year, you will take one compulsory accounting course, one compulsory finance course and will choose between two further accounting courses. You will take an outside option to the value of one unit from an approved list, and choose two accounting courses from a choice of five.

Contemporary Issues in Financial Reporting*
Considers the impact of political, technological, social, and ethical influences on corporate financial reporting and accounting regulation, in both national and international contexts. 

Either
Financial Management and Organisational Control*
Considers both the decision-facilitating and decision-influencing roles of management accounting.
Or
Auditing, Risk Management and Governance*
Introduces core concepts and practices of auditing, and provides a critical analysis of auditing practices and their role in organisational governance. 

Corporate Finance, Investments and Financial Markets
The course will cover a broad range of topics, with both a theoretical and an empirical emphasis. These include topics in corporate finance, investments and performance evaluation and international finance.

Two courses from a range of accounting options, to a total value one unit

Outside options to the value of one unit

You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.

You must note however that while care has been taken to ensure that this information is up-to-date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.

The degree involves studying courses to the value of 12 units, over three years, plus LSE100. Half of these are in accounting and finance, and half in related disciplines. You will have the opportunity to specialise to a certain degree in various fields within accounting and finance. Please note that the LSE100 course is under review. First...

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Entry Requirements

You should read the following information carefully as it will help you determine whether you meet our entry requirements. You should also read the 'Assessing your application' section of the programme page for your intended degree programme and the information in the Making an Application section.

Each application we receive is carefully considered on an individual basis, taking into account the full range of information presented including the personal statement, academic achievement (including both achieved and predicted grades), subject combinations and the reference, before a final decision is made. As you will see from the individual programme information, there is a great deal of competition for places at the School. In 2017, we received 18,000 applications for 1,650 places. This fierce competition for places means that every year we unfortunately have to disappoint many applicants.

If you have applied for one of our undergraduate programmes, or received an offer, you can meet our language requirements in the following ways:

•  You are a national of Canada or one of the UKVI list of majority English-speaking countries, listed below, and whose first language is English or

•  You have achieved the required grades in one of our recognised English language qualifications, listed below or

•  You have already successfully completed an undergraduate degree (of at least three years duration), a postgraduate taught degree (of at least one year) or a PhD in one of those countries listed below.

In addition, UK Visas and Immigration (UKVI) guidelines stipulate that all students entering the United Kingdom to study must have an English Language qualification evidencing proficiency in each of the four sub-components of language learning (reading, writing, speaking and listening) unless they are from a majority English speaking country.

It is not necessary to have the required grade in an acceptable English language qualification when you make your undergraduate application to LSE. However, if you are made an offer of a place on one of our undergraduate programmes at LSE and English is not your first language, you will be asked to obtain one of the below acceptable qualifications before our deadline in August.

You should read the following information carefully as it will help you determine whether you meet our entry requirements. You should also read the 'Assessing your application' section of the programme page for your intended degree programme and the information in the Making an Application section. Each application we receive is carefully considered on an individual...

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Assessment Methods

All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others.

Summative assessment is usually assessed by written examinations at the end of each academic year. Some courses also have written examinations in January while others are assessed partly by essays or other work submitted during the year. Please note that assessment on individual courses can change year to year. An indication of the current formative coursework and summative assessment for each course can be found in the relevant course guide.

Feedback on coursework is an essential part of the teaching and learning experience at the School. Class teachers must mark formative coursework and return it with feedback to you normally within two weeks of submission (when the work is submitted on time). You will also receive feedback on any summative coursework you are required to submit as part of the assessment for individual courses (except on the final version of submitted dissertations). You will normally receive this feedback before the examination period. 

All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others. Summative assessment is usually assessed...

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Additional Information

UK/EU* students:

The 2020 tuition fee for new UK/EU students is £9,250 for the first year.

The UK/EU undergraduate fee may rise in line with inflation in subsequent years.

*The UK Government confirmed in May 2019 that the fee level for EU undergraduate new entrants in 2020/21 will be the same as Home UK for the duration of their undergraduate degree programme.

Academic year (2020/21) :- 28 September 2020 to 18 June 2021

Application deadline :- 15 January 2020

Duration :- Three years full-time

  • Starting 2020
  • UK/EU full-time: Open from September
  • Overseas full-time: Open from September
  • Location: London

UK/EU* students: The 2020 tuition fee for new UK/EU students is £9,250 for the first year. The UK/EU undergraduate fee may rise in line with inflation in subsequent years. *The UK Government confirmed in May 2019 that the fee level for EU undergraduate new entrants in 2020/21 will be the same as Home UK for the duration of their...

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