Accounting Foundation Degree FdA

This course is validated by: Lancaster University
Award: Foundation Degree in Accounting
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 ‘placement’ in a relevant role.

This Foundation Degree emphasises 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.

In the later stages of the course 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.

Modules include:

  • Business Accounting
  • Quantitative Techniques
  • Organisations and People
  • Financial Law
  • Personal Taxation
  • Management Accounting 1
  • Research Methods
  • The Reflective Practitioner
  • Financial Accounting 1
  • Financial Accounting 2
  • Financial Management
  • Economic Environment
  • Management Accounting 2
  • Statistics
  • Work Based Learning
  • Research Project

 

Download the Programme Specification for FdA Accounting. 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.

Entry Requirements

You'll need 48 UCAS tariff points (formerly 120 UCAS points). 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. Applicants who do not meet the standard entry criteria but have relevant work / life experience will be considered on an individual basis and may be invited to interview. 

If you are an International Student from outside of the EU it is a requirement for you to have a Tier 4 Visa in order to study with us. In order for you to undertake this particular programme of study, you will also need to demonstrate that you have a good level of written and spoken English and will require a UK VI Academic IELTS score of 5.5. Please note: the fees for International Students from outside of the EU, for this particular programme are £9,250 per year. Fees are subject to change in subsequent years.

 UCAS has introduced a new tariff system which aims to provide a fair and more transparent process of allocating tariff points across a wide range of qualifications. This new tariff system will be used for courses starting 2017. Applicants should note that new tariff points for a qualification may be different to the points for the same qualification in the previous system – generally tariff points will be lower on the new tariff.

 

In addition, for this programme, you will be required to have  a GCSE (or equivalent qualification) at Grade C or above in Mathematics and English.  In 2017 and beyond we will view the new Grade 4 as being equivalent to a C grade and will therefore require students to achieve GCSE Grade 4 or above. Applicants without GCSE Grade C in Mathematics or equivalent will be required to undertake a numeracy aptitude test, for which you will be given up to two attempts to complete successfully. Any offer for a placement on the course is subject to successfully completing this assessment for those without a GCSE grade C in Mathematics or equivalent.

 

How will I be assessed?

During the course you will be assessed by a variety of methods. These include: Reports, Presentations, Case Study Reports, Reflective Portfolios, Examinations, Assignments and a Research Project.

Formative and summative assessments enable lecturers or tutors to monitor the learning that has/is taking place. Summative assessment is not always noticeable by the student as it is a continuous process; lecturers or assessors may observe participation and responses to class discussions and group work, a student’s response to question and answer sessions, participation in workshop practical and engagement with demonstrations. Each module is formally assessed through, for example, examination, open-book test, individual and group presentation, essay, observation of practice, assessment of course work e.g. art portfolio, written report, reflective practice and portfolios of evidence.

Students receive both formal and informal feedback. Formal feedback is through assessments, is usually in writing and given within 3 weeks following the submission date. However, some lecturers will provide group 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.

Teaching and Learning

The learning environment and facilities 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.

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. 

 

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