Accounting Foundation Degree FdA

This course is validated by: Lancaster University
Location: University Centre at Blackburn College
UCAS Code: N401
Code: BS2521A14
Fees: View fees and financial information
Validated by: Lancaster University
Study Mode: Full Time, Part Time
Duration: Full time: 2 academic years
Part time: 4 academic years
Start Dates: september 2019
Term Dates: View term dates
Overview

This course will equip you for a successful career in accounting, finance and business. It will give you a good understanding of both accounting and finance and their importance within different organisations.

The Foundation Degree in Accounting is aimed at individuals who wish to develop the skills, expertise, knowledge and understanding of accounting and accounting related issues to enhance their employment.

The Foundation Degree is suitable for those who are currently in employment in an accounting environment or an accounting-related position, or those who are seeking employment in these fields.

This course should appeal to you if you need to fit studying around other commitments or if you are looking to take your first step into higher education after a gap of study.

What will I study?

The content of the Foundation Degree covers accounting concepts as well as introducing other business related topics. You will develop the practical accounting skills demanded by employers such as the ability to draft financial statements and produce costing and budgeting reports, as well as analysis and decision making in appropriate contexts. This will allow you a thorough appreciation of the interrelation these topics have within a business context.

The course also includes the development of soft-skills which are important to employers. Throughout modules you will build up an understanding of customer care, how businesses operate, develop team working skills and gain insights and practice into managing people.

During the course you will be required to spend at least 240 hours (120 hours per year if you study full-time) working in a relevant role in order improve your Accounting knowledge and practice. This may be through paid employment or via a voluntary work placement in a relevant role.

At Level 4 study the emphasis is on the importance of putting theory into practice. You will use your own organisation or well-known organisations as the starting point and through assessments will be encouraged to refer back to your working environment, providing you with the opportunity to relate their studies to real-life situations.

At level 5 study you will also undertake a research project in which you will be able to specialise and research an area of accounting that is of specific interest to you, in consultation with your research supervisor.

All students take a total of 120 credits per level.

Level 4 Modules (all modules are mandatory) include:

  • Business Accounting
  • Quantitative Techniques
  • Organisations and People
  • Financial Law
  • Personal Taxation
  • Management Accounting 1
  • Research Methods
  • The Reflective Practitioner

Level 5 Modules (all modules are mandatory) include:

  • Financial Accounting 1
  • Financial Accounting 2
  • Financial Management
  • Economic Environment
  • Management Accounting 2
  • Statistics
  • Work Based Learning
  • Research Project

Work Placement

During the course you are required to spend at least 240 hours working in a relevant role in order to improve your knowledge and practice of the subject. This may be through paid employment or via a voluntary work placement in a relevant role. Your work placement is expected to have a focus on applying the knowledge from your degree programme in an employment context.

Please note: work placements are subject to availability.  You are also responsible for any costs in travelling to and from your work placements, for any accommodation costs and in some instances the cost of acquiring a satisfactory Disclosure and Barring Service (DBS) report.

 

Entry Requirements

You'll need 48 UCAS tariff points (formerly 120 UCAS points).

You will need at least a grade 4 (grade C)in GCSE Mathematics and English.

Applicants without formal qualifications but with relevant work experience will be considered for entry to the programme subject to an interview or an appropriate diagnostic test that involves the current recommendation process. All applicants must show that they have a good level of spoken or written English, and if English is not your first language you’ll need to demonstrate the ability to study in English.

 

How will I be assessed?

Throughout the course a full range of assessment techniques will be used. You will be assessed by:

  • Reports
  • Presentations
  • Case study reports
  • Reflective portfolios
  • Examinations
  • Assignments
  • Research projects

This formal assessment will count towards your module mark and feedback is usually given within 3 weeks following the submission of your formal submission of work.

Additionally, some lecturers will provide informal feedback, for example, following an examination they may choose to work through the exam paper in a tutorial. It should be noted that feedback is part of the ongoing learning cycle which is not limited to written feedback. Other forms of feedback include one-to-one meetings with a personal tutor, dissertation and project supervision meetings, a lecturer responding to learner questions or responses during topic or situation discussions. 

Feedback is intended to help you learn and you are encouraged to discuss it with your module tutor.

Teaching and Learning

The learning environment and facilities could include lecture theatres, classrooms, technology suites, laboratories and workshops, library and skills labs, art and photography studios, small group and quiet zones. Learning methods will vary according to the programme of study but will include lectures and group tutorials. In addition, seminars, field trips, work placements, role play or scenario activities, laboratory and workshop practical, demonstrations, guest lectures, discussions and debates all contribute to the learning experience to support the acquisition of subject specific skills and knowledge and the development of transferable and employment related skills.

You should typically expect to have around 15 contact hours per week if you are studying full time.

In addition, you will have timetabled meetings with your personal tutor.  

You will be taught by an experienced teaching team whose expertise and knowledge are closely matched to the content of the modules on the course.  The team could include senior academics, professional practitioners with industry experience, demonstrators and technical officers.  You can learn more about our staff by visiting our staff profiles.

Timetables

We endeavour to make timetables available one month before you start your course.  Please note that while we make every effort to ensure that timetables are as student-friendly as possible, scheduled teaching can take place on any day of the week.  Part-time classes are normally scheduled on one or two days per week. 

Overall Workload

You overall workload consists of class contact hours, around 15 hours of independent learning and assessment activity and any field trips which may take place.

Academic Support

We have a dedicated Student Engagement Team who will be able to provide support in the following areas;

  • Study Skills (including reading, note-taking and presentation skills)
  • Written English
  • Academic Writing (including referencing)
  • Research Skills
What can I do next?

The Foundation Degree in Accounting is a valuable qualification in its own right preparing the students for employment within a range of roles within the Accounting, such as junior management/supervisory positions, marketing and sales roles and operational opportunities.

For those wishing to continue with their studies the BA (Hons) Accounting (Top Up) route is available, which is delivered for one academic year, full-time.

Once students are awarded the BA (Hons) Accounting (Top Up) they are automatically exempt from Association of Chartered Certified Accountants (ACCA) papers F1 to F4. Possible further exemptions are at the ACCA’s discretion and will require you to forward your final academic transcripts. 

 

Supplementary Information

Download the Programme Specification for Accounting Foundation Degree FdA. The Programme Specification will give you further information about the course structure, learning outcomes and detailed information about the assessment you can expect during the course.

Work Placements

Work placements are subject to availability.  You are also responsible for any costs in travelling to and from your work placements, for any accommodation costs and in some instances the cost of acquiring a satisfactory Disclosure and Barring Service (DBS) report.

 

Career Options

Accounting Technician

  • £
    15,000
    + starting salary
  • 30-40 hours per week

As an accounting technician, you would deal with accounting and finance matters in all types of businesses. In larger companies you would work as part of an accounts team. In a smaller firm you might be responsible for dealing with all wages and invoices.

If you enjoy working with numbers, and you are interested in business and finance, this career could be ideal for you.

Job Opportunites in Lancashire

Auditor

  • £
    18,000
    + starting salary
  • 35-40 hours per week

Internal and external auditors check an organisation's financial records to make sure they are accurate and that their procedures are working efficiently. If you want a career in finance and business, and can work to a high degree of accuracy, this career could be ideal for you.

To do this job, you will need to have excellent maths and IT skills. You will also need good communication skills, and work with tact and diplomacy.

To be an external auditor, you must first become a qualified accountant. To work as an internal auditor, you will need experience of working in a business, for example human resources or finance.

Job Opportunites in Lancashire

Insurance Account Manager

  • £
    18,000
    + starting salary
  • 30-40 hours per week

Insurance account managers, also known as relationship managers, develop business accounts and increase the sales of their company's insurance products. As an account manager it will be your job to persuade agents like insurance brokers and independent financial advisers to sell your policies to their customers.

If you have good communication skills, and you enjoy working with different people and making presentations, then this could be the career for you.

To get into this job, you will need some related work experience, and it will also help if you have GCSEs in maths and English. You can then move up by taking training courses run by the Chartered Insurance Institute (CII). If you have a degree in a relevant subject, you may be able to get into this job through a graduate training scheme.???

Job Opportunites in Lancashire

Insurance Claims Handler

  • £
    14,000
    + starting salary
  • 35-40 hours per week

Insurance claims handlers help people who are making claims on their insurance policies. As a claims handler, you would check that insurance claims are valid and make sure that payouts are made within an agreed payout limit.

To work in this role, you will need to have excellent communication skills and customer service skills. You will also need to work well under pressure. If you enjoy administrative work and you are interested in a career in financial services, this job could be for you.

To get started as a claims handler, you will usually need GCSEs in English and maths or some work experience in a related area. It may be possible to get into this work through an Apprenticeship if there is one available in your area.

Job Opportunites in Lancashire

Management Accountant

  • £
    25,000
    + starting salary
  • 30-40 hours per week

Management accountants are responsible for managing a company's finances. They look after a company's accounts. They also find ways of improving profitability and growth. So if you are interested in finance and business, this could be just what you're looking for.

To do this job you will need to have good maths and computer skills. You’ll need accuracy and attention to detail. You’ll also need good communication skills.

To start working you will have to finish training with one of the professional bodies. Most management accountants choose to do this with the Chartered Institute of Management Accountants.

Job Opportunites in Lancashire

Financial Adviser

  • £
    22,000
    + starting salary
  • Variable hours per week

Financial advisers help their clients choose the financial products and services that best meet their current and future needs. As a financial adviser, you could advise your clients on the right investments, savings, pensions, mortgages or insurance products.

To succeed in this role, you need to be able to explain complex information clearly and simply. If you are interested in finance and you want to help people to get the best out of their money, this could be an ideal job for you.

You can become a financial adviser by taking a qualification in financial planning that is approved by the Financial Conduct Authority (FCA). You will usually take this qualification through your employer. It will help if you have GCSEs in English and maths, and some relevant work experience in customer service, sales or finance.

Job Opportunites in Lancashire

Business Analyst

  • £
    30,000
    + starting salary
  • 40+ hours per week

Business analysts work closely with companies and organisations to help them change and improve the way they do things. They work in many industries from IT and financial services to telecommunications and retail.

If you like solving problems, are good at analysing data and have excellent communication skills, this could be an ideal career for you..

There are several ways to get into this career. You can complete a degree or postgraduate qualification in a subject like business or IT, or you can use your experience and expertise gained from managing projects.

Job Opportunites in Lancashire

Credit Controller

  • £
    16,000
    + starting salary
  • 30-40 hours per week

As a credit controller or debt collection agent, you would be responsible for recovering unpaid money from businesses or individuals.

If you are a good communicator with a tactful manner, and would like to work in finance, this job could suit you.

In this job you would need to keep calm under pressure. You would need to be assertive. You would also need good number skills, and the ability to explain financial matters clearly.

There aren't any specific entry requirements to get into this job, but employers may ask for some GCSE passes. Confidence with maths is important. You may have an advantage if you have previous experience in credit control, office work, customer service or accounts.

Job Opportunites in Lancashire

Credit Manager

  • £
    27,000
    + starting salary
  • 35 and 40 hours per week

As a credit manager, you would manage the team that controls credit offered to the commercial and personal customers of your organisation. You would check credit histories, assess risk and make decisions on lending.

If you’ve got good management skills, can motivate a team and want a job in the financial services industry, this career could suit you well.

You will also need to have good judgement, sound business sense and the ability to take decisions.

You would normally get into this work after gaining experience in credit or debt control. Experience and qualifications from accounting or banking might also be useful.

Job Opportunites in Lancashire

Accounting Technician

  • £
    15,000
    + starting salary
  • 30-40 hours per week

As an accounting technician, you would deal with accounting and finance matters in all types of businesses. In larger companies you would work as part of an accounts team. In a smaller firm you might be responsible for dealing with all wages and invoices.

If you enjoy working with numbers, and you are interested in business and finance, this career could be ideal for you.

Job Opportunites in Lancashire

Accounts Clerk - Bookkeeper

  • £
    15,000
    + starting salary
  • 30 - 40 hours per week

Accounts clerks, also known as finance clerks or bookkeepers, work in all types of businesses and organisations, keeping financial records up to date and helping to prepare accounts.

If you're an organised person with a head for figures and have good computer skills, this could be a job that you would really enjoy.

Job Opportunites in Lancashire

Management Accountant

  • £
    25,000
    + starting salary
  • 30-40 hours per week

Management accountants are responsible for managing a company's finances. They look after a company's accounts. They also find ways of improving profitability and growth. So if you are interested in finance and business, this could be just what you're looking for.

To do this job you will need to have good maths and computer skills. You’ll need accuracy and attention to detail. You’ll also need good communication skills.

To start working you will have to finish training with one of the professional bodies. Most management accountants choose to do this with the Chartered Institute of Management Accountants.

Job Opportunites in Lancashire

Actuary

  • £
    30,000
    + starting salary
  • 30-40 hours per week

Actuaries use their knowledge of maths, statistics and economics to help companies and public bodies forecast long-term financial costs and risks to investments.

If you are good with numbers, like solving problems and are interested in a career in finance, this job could be ideal for you.

In this job you will be working with a lot of data - researching, analysing and interpreting it. You will need a good understanding of how businesses and financial markets work. You will also need a logical approach and sound judgement.

Job Opportunites in Lancashire

Business Analyst

  • £
    30,000
    + starting salary
  • 40+ hours per week

Business analysts work closely with companies and organisations to help them change and improve the way they do things. They work in many industries from IT and financial services to telecommunications and retail.

If you like solving problems, are good at analysing data and have excellent communication skills, this could be an ideal career for you..

There are several ways to get into this career. You can complete a degree or postgraduate qualification in a subject like business or IT, or you can use your experience and expertise gained from managing projects.

Job Opportunites in Lancashire

Business Adviser

  • £
    20,000
    + starting salary
  • 30-40 hours per week

As a business adviser you would give advice and support to help new businesses to start up and established businesses to grow. You might advise on a range of issues including finance and marketing. If you want to use your experience to help businesses, this job could be perfect for you.

You will need excellent spoken and written communication skills. A positive, problem solving attitude will also help you be successful in this job.

To work as business adviser you need experience and a good track record in business management. Most business advisers have run their own business, or worked in management, finance or human resources.

Job Opportunites in Lancashire

School Business Manager

  • £
    25,000
    + starting salary
  • 37 hours per week

School business managers are the senior financial and administrative managers in their schools. If you've got experience in management, accounting or finance, and can lead a team of staff, this job could be perfect for you.

In this job you’ll need excellent spoken and written communication skills and the ability to make big decisions and manage large budgets. You’ll also need to be organised and manage your time well.

To get into this job you’ll usually need a strong background in finance, management or similar. An accountancy qualification is very common in this job. Another way is to start as a school administrator or secretary and work your way up.

Job Opportunites in Lancashire