Accounting and Financial Management and Economics BA

2024-25 entry
Management School
School of Economics

This course helps you to understand the role of accounting and financial management within an organisation, as well as providing a solid grounding in modern economic theory and techniques of applied economic analysis.

Key details

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    Course description

    Why study this course?

    Triple Crown accredited

    Sheffield University Management School is accredited by AMBA, EQUIS and AACSB. The programme benefits from professional exemptions from ACCA, CIMA, CPA Australia, ICAEW and CIPFA which means by studying this programme you would have a head start in becoming a qualified chartered accountant.

    Dedicated employability team

    Based in the management school, they support you to get placements and internships, work with industry to ensure you develop the most in-demand skills and support you with career planning and CV workshops.

    Community and wellbeing

    The management school runs a series of Balance and Belonging events, providing you with the opportunity to get to know your peers and students on other courses, and feel a sense of belonging within the school.

    A student working in the Trading Room.

    This three-year dual honours course blends the study of accounting and financial management within organisations, with a comprehensive understanding of modern economic theory and will provide you with the techniques of applied economic analysis.

    Your time will be evenly divided between the Sheffield University Management School and the Department of Economics, allowing you to learn from the expertise of academics in both departments, who will bring their storied careers to your teaching.

    You’ll spend your first year building up a solid grounding of both subjects and hone your skills in the mathematical methods required for the course.

    In your second and third year, you will have the opportunity to tailor the degree to your interests, selecting multiple modules to specialise the course.

    From day one, you’ll be supported by our accomplished teaching staff, including some of the top economic experts in their fields. The passion for their subject will be brought to every teaching session that you have.

    Dual and combined honours degrees

    The Management School is Triple Crown accredited by AMBA, EQUIS and AACSB.

    This course is accredited by the following bodies for the purpose of eligibility for Associate membership and exemption from some professional examinations: Institute of Chartered Accountants England and Wales (ICAEW), Institute of Chartered Accountants of Scotland (ICAS), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) and CPA Australia.

    Modules

    A selection of modules are available each year - some examples are below. There may be changes before you start your course. From May of the year of entry, formal programme regulations will be available in our Programme Regulations Finder.

    Choose a year to see modules for a level of study:

    Title: Accounting and Financial Management and Economics BA course structure
    UCAS code: NL41
    Years: 2021, 2022, 2023, 2024, 2025
    First year

    Core accounting and financial management modules:

    Introduction to Management Accounting

    The aim of this module is to establish a firm understanding of the basic techniques of management accounting. The selection of accounting techniques is conditional on purpose; the management accountant's role therefore includes attention-directing, score-keeping, and problem-solving.

    20 credits
    Introduction to Financial Accounting

    Financial Accounting is concerned with the ways in which the financial transactions of a business are recorded and summarised in financial statements. This module provides an introduction to the construction of financial statements and an understanding and evaluation of the principles and concepts on which they are underpinned. Once the principles have been established, the module further develops the practical understanding of the preparation of financial statements and focuses on the preparation, interpretation and limitations of company financial statements and the regulatory framework in which they are prepared.

    20 credits
    Foundations in Financial Management

    This module aims to create a foundation of knowledge in the subject area of financial management, creating the required framework of skill and knowledge for financial decision making and to provide a base of knowledge for the related modules in levels 2 and 3. This module will achieve this by introducing the essential principles, theories and calculations within financial management. It will also introduce the contemporary issues and developments in financial markets. The module design and content expects to at least cover the contents of foundation level financial management related module syllabus of professional accounting bodies.

    20 credits

    Core economics modules:

    Economic Analysis and Policy

    This is a compulsory module for all single and dual honours students in Economics. The module provides students with an introduction to microeconomic and macroeconomic analysis together with examples of their application in order to develop students' understanding of the roles of both in economic policy making.

    40 credits

    You will take one of the following economics modules:

    Mathematical Methods for Economics 1

    The aims of this module are: 1. To give an insight into the importance of mathematical methods in economic analysis. 2. To introduce a range of mathematical techniques. 3. To give an understanding of how and when to apply the techniques. The module will include revision of basic concepts, algebra, equations, exponential and logarithmic functions, differential calculus, optimisation, geometry

    20 credits
    Mathematical Methods for Economics 2

    The aims of this module are to introduce mathematical skills that are essential for problem solving in economics and used throughout the degree programme. The module will provide an insight into the importance of mathematical methods in economics, and to study the key mathematical concepts widely applied in modern economics.

    20 credits

    The content of our courses is reviewed annually to make sure it's up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research; funding changes; professional accreditation requirements; student or employer feedback; outcomes of reviews; and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption.

    Learning and assessment

    Learning

    This dual honours course gives you a good grounding in both Accounting and Financial Management and Economics. You’ll spend roughly half your time in each department. The two subjects complement each other, which opens up even more career opportunities.

    Our multidisciplinary approach means that you will gain transferable skills like teamwork, remote working and time management to help you land the right job, as well as gaining the rigorous academic knowledge that you require to progress throughout your degree.

    You'll attend lectures, seminars, workshops, computer labs and other programme level teaching with small group sizes. You'll be given reading or asked to prepare work in advance and contribute to discussions and group work during seminars. You'll use a variety of software packages in different IT environments, including Microsoft Office, Google, and Bloomberg, to develop your IT and online collaboration skills.

    You'll also develop an advanced understanding of economics. You'll learn this subject through attending lectures, online videos, interactive workshops, tutorials and computer labs.

    We invest to create the right environment for you. That means outstanding facilities, study spaces and support, including 24/7 online access to our online library service.

    Study spaces and computers are available to offer you choice and flexibility for your study. Our five library sites give you access to over 1.3 million books and periodicals. You can access your library account and our rich digital collections from anywhere on or off campus. Other library services include study skills training to improve your grades, and tailored advice from experts in your subject.

    Learning support facilities and library opening hours

    You'll be supported throughout your degree by your module leaders, tutors, personal tutors and our wider learning and teaching support such as the 301 Academic Skills Centre.

    Our courses are based on world-leading research and our staff, many of whom have extensive industry experience, produce impactful research that influences policy and informs public debate.

    You’ll be taught by some of the top economic experts in their fields, who care passionately about their subject. Our staff advise government departments in the UK such as the Department for Work and Pensions, the Department for Education and the Low Pay Commission. Their expertise helps shape government policies and aims to improve people’s lives.

    Assessment

    Your lecturers are here to support your development which is why you’ll be given extensive feedback on your work. We use a range of assessment methods including, exams, online tests, group/individual presentations and coursework. You will also get lots of formative and summative feedback to help you progress and reach your potential.

    Programme specification

    This tells you the aims and learning outcomes of this course and how these will be achieved and assessed.

    Find programme specification for this course

    Entry requirements

    With Access Sheffield, you could qualify for additional consideration or an alternative offer - find out if you're eligible.

    Standard offer

    The A Level entry requirements for this course are:
    AAB

    A Levels + a fourth Level 3 qualification
    ABB + A in a social science related EPQ; ABB + A in Core Maths
    International Baccalaureate
    34
    BTEC Extended Diploma
    DDD in a relevant subject
    BTEC Diploma
    DD + A at A Level
    Scottish Highers
    AAAAB
    Welsh Baccalaureate + 2 A Levels
    B + AA
    Access to HE Diploma
    Award of Access to HE Diploma in a relevant subject, with 45 credits at Level 3, including 36 at Distinction and 9 at Merit
    Other requirements
    • Native Language A Levels can be accepted if taken alongside an acceptable A Level subject

    • GCSE Maths grade 6/B

    Access Sheffield offer

    The A Level entry requirements for this course are:
    ABB

    A Levels + a fourth Level 3 qualification
    ABB + A in a social science related EPQ; ABB + A in Core Maths
    International Baccalaureate
    33
    BTEC Extended Diploma
    DDD in a relevant subject
    BTEC Diploma
    DD + B at A Level
    Scottish Highers
    AAABB
    Welsh Baccalaureate + 2 A Levels
    B + AB
    Access to HE Diploma
    Award of Access to HE Diploma in a relevant subject, with 45 credits at Level 3, including 30 at Distinction and 15 at Merit
    Other requirements
    • Native Language A Levels can be accepted if taken alongside an acceptable A Level subject

    • GCSE Maths grade 6/B

    English language requirements

    You must demonstrate that your English is good enough for you to successfully complete your course. For this course we require: GCSE English Language at grade 4/C; IELTS grade of 6.5 with a minimum of 6.0 in each component; or an alternative acceptable English language qualification

    Pathway programme for international students

    If you're an international student who does not meet the entry requirements for this course, you have the opportunity to apply for an International Foundation Year in Business, Social Sciences and Humanities at the University of Sheffield International College. This course is designed to develop your English language and academic skills. Upon successful completion, you can progress to degree level study at the University of Sheffield.

    If you have any questions about entry requirements, please contact the department.

    Graduate careers

    Many of our graduates work in traditional accounting roles as trainee chartered accountants or management accountants, but a growing number work in audit, insurance, banking, investment and consultancy roles.

    Recent graduates are working for Barclays, British Airways, Ernst & Young, HSBC, Grant Thornton, KPMG and Santander.

    Meet our Management School alumni

    Management School

    We have a dedicated employability team who offer careers support, and can help you to find jobs or placement opportunities, and develop essential skills through workshops with industry experts. You're supported throughout your course and after graduation.

    We work with businesses and organisations to ensure the content of our courses are up-to-date and relevant, and that the skills and experience you'll gain meet the demands of future employers

    Sheffield University Management School careers and employability support

    School of Economics

    Some of our graduates become professional economists in government, industry or the City. Others enter related professions - banking, ‭insurance, accountancy, sales and marketing, and ‭retail management.

    Recent graduates are now working for the Bank of England, HM Treasury, the European Parliament, PwC, Deloitte, IBM and Rolls Royce. Some prefer to advance their knowledge by studying economics at postgraduate level.

    Management School

    Triple Crown accredited

    AACSB, AMBA and EQUIS

    90% of management school undergraduates are in employment or further study 15 months after completing their course

    Graduate Outcomes 2020-21

    We are a world leading management school with Triple Crown accreditation (AACSB, AMBA and EQUIS).

    These awards have been achieved through the outstanding quality of our programmes, research output, support for students and alumni, and links with industry. We have a world-class reputation for high quality teaching, ground-breaking research and cutting-edge thinking.

    You’ll be part of a dynamic and engaging management school that puts you and your future at the heart of everything it does. We balance a rigorous academic foundation with practical skills to ensure you are ready for the world of work.

    We want you to develop skills so you can apply course content in a company setting. Our close links with organisations keep us in tune with the changing demands of the workplace. We know what employers are looking for.

    You'll learn from experts - many of our academics are former industry professionals and they work closely with businesses. Because our academics are world-leading researchers, your education will draw on the most current management theories.

    We want you to engage with the academic content, be conscientious and take an independent approach to study.

    We'll help you to be informed, innovative and proactive and do everything we can to support and enhance your career, steering you in the right direction with all the knowledge and skills you require.

    You'll benefit from tailored on-site and online professional careers support, dedicated skills sessions and events with experts from world-leading organisations and professional bodies. These activities will help guide your personal and professional development to help you secure the right work experience for you.

    Management School students are based in our building on Conduit Road.

    Facilities

    The Management School building includes learning facilities such as lecture theatres, seminar rooms, trading and computer rooms, our academic and professional staff, the Courtyard Café, and our Employability hub and Student Experience Office. Teaching takes place at various venues across campus.

    Explore facilities in the Management School

    The Management School has invested in an impressive, fully-equipped financial trading room, built around Bloomberg and Refinitiv Eikon.

    These terminals are used by traders, banks and multinational companies to trade financial securities, gain market insights and undertake research. You will also have the opportunity to gain certification that demonstrates competence in these systems, which will add real value to your CV.

    Management School

    School of Economics

    94% of economics students who graduated in 2020 were in employment or further study 15 months after leaving university

    2020-21 Graduate Outcomes Survey, UK undergraduates

    We have an international reputation for practical and real-world economics.

    You'll be taught by some of the top economic experts in their field and you'll receive the latest cutting-edge teaching from people who care passionately about their subject.

    Our staff advise government departments in the UK such as the Department for Work and Pensions, the Department for Education, as well as advisory bodies such as the Low Pay Commission. Their research helps shape government policies and aims to improve people's lives. This research also informs what you will be taught in your modules.

    The School of Economics is based in Elmfield building, close to The Wave, the new home for the Faculty of Social Sciences. The Wave features state-of-the-art collaborative lecture theatres, study spaces and seminar rooms.

    Teaching may take place in Elmfield, The Wave, or in other buildings across campus, many of which are close together so it’s easy to walk between them and it’s a great way to get to know the city. You will also be close to our Students' Union and central libraries.

    Facilities

    Our state-of-the-art classrooms are in the same building as our staff offices. You'll also have your own social space with computer access.

    School of Economics

    University rankings

      Number one in the Russell Group
    National Student Survey 2024 (based on aggregate responses)

      University of the Year and best for Student Life 
    Whatuni Student Choice Awards 2024

      92 per cent of our research is rated as world-leading or internationally excellent
    Research Excellence Framework 2021

      Top 50 in the most international universities rankings
    Times Higher Education World University Rankings 2023

      Number one Students' Union in the UK
    Whatuni Student Choice Awards 2024, 2023, 2022, 2020, 2019, 2018, 2017

      Number one for teaching quality, Students' Union and clubs/societies
    StudentCrowd 2023 University Awards

      A top 20 university targeted by employers
    The Graduate Market in 2023, High Fliers report

    Fees and funding

    Fees

    Additional costs

    The annual fee for your course includes a number of items in addition to your tuition. If an item or activity is classed as a compulsory element for your course, it will normally be included in your tuition fee. There are also other costs which you may need to consider.

    Examples of what’s included and excluded

    Funding your study

    Depending on your circumstances, you may qualify for a bursary, scholarship or loan to help fund your study and enhance your learning experience.

    Use our Student Funding Calculator to work out what you’re eligible for.

    Placements

    You may have the opportunity to add an optional placement year as part of your course, converting the three year course to a four-year Degree with Placement Year. 

    A placement year will help you to:

    • gain an insight into possible careers
    • develop a range of transferable skills
    • build a professional network
    • get a feel for what you do and don’t like doing
    • add valuable work experience to your CV
    • gain experience of applying for jobs and interview practice
    • apply elements of academic learning in the workplace

    Previous students have undertaken placements at BHP Grant Thornton, IBM, BDO, Lloyds Banking Group, Volkswagen Financial Services UK and the NHS, as well as smaller local companies. They go into roles in finance and accounting, tax, insurance and auditing.

    Hear from our students about their placement experiences.

    Visit

    University open days

    We host five open days each year, usually in June, July, September, October and November. You can talk to staff and students, tour the campus and see inside the accommodation.

    Open days: book your place

    Subject tasters

    If you’re considering your post-16 options, our interactive subject tasters are for you. There are a wide range of subjects to choose from and you can attend sessions online or on campus.

    Upcoming taster sessions

    Offer holder days

    If you've received an offer to study with us, we'll invite you to one of our offer holder days, which take place between February and April. These open days have a strong department focus and give you the chance to really explore student life here, even if you've visited us before.

    Campus tours

    Our weekly guided tours show you what Sheffield has to offer - both on campus and beyond. You can extend your visit with tours of our city, accommodation or sport facilities.

    Campus tour: book your place

    Apply

    Make sure you've done everything you need to do before you apply.

    How to apply When you're ready to apply, see the UCAS website:
    www.ucas.com

    Not ready to apply yet? You can also register your interest in this course.

    The awarding body for this course is the University of Sheffield.

    Recognition of professional qualifications: from 1 January 2021, in order to have any UK professional qualifications recognised for work in an EU country across a number of regulated and other professions you need to apply to the host country for recognition. Read information from the UK government and the EU Regulated Professions Database.

    Any supervisors and research areas listed are indicative and may change before the start of the course.

    Our student protection plan

    Terms and Conditions upon Acceptance of an Offer

    2024-2025

    Make sure you've done everything you need to do before you apply.

    How to apply When you're ready to apply, see the UCAS website:
    www.ucas.com

    Not ready to apply yet? You can also register your interest in this course.

    This course helps you to understand the role of accounting and financial management within an organisation, as well as providing a solid grounding in modern economic theory and techniques of applied economic analysis.

    No No