Accounting, Finance and Economics Undergraduate …...Joint Honours BA (Hons) Economics and Finance...

_________________________________________________________________________________________________________________________________ CASQE of 141 Programme Specification

Faculty of Business and Law

Accounting, Finance and Economics Undergraduate Programmes

Programme Specification

This document provides a concise summary of the main features of the course(s) and associated award(s) offered through this Programme Specification, and includes the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if s/he takes full advantage of the learning opportunities provided. More detailed information on the learning outcomes, curriculum content, teaching/learning, assessment methods for each unit and on the Programme’s relationship to QAA Subject Benchmark Statements may be found in the dedicated student handbook for the Programme. The accuracy of the information in this document is reviewed periodically by the University and may be subject to verification by the Quality Assurance Agency for Higher Education

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_________________________________________________________________________________________________________________________________ CASQE Page 1 of 141 Programme Specification

Versioning of Programme Specification This programme specification is valid for the period of approval confirmed at the time of the approval/last review event and relates to provision approved at that point. Programme specifications are updated on an annual basis to include modifications approved through the University’s quality assurance processes. This version provides a description of the programme as approved for the academic session indicated in section 3 of the following table.

1 Date of initial Approval or last review: 20 January 2014

2 Effective date of Approved/Reviewed Programme Specification: 01/09/2014 - 31/08/2020

3 This Version effective from: September 2016

4 Version number: AFE/Sep14/V3

Students who commenced their study on awards within this programme specification prior to 01/09/2014 should refer to the previous version of theprogramme specification published on the CASQE website.

Modifications to Programme Specification

Modifications to the programme specification since approval/ last review, and the cohort of students affected by the change, are listed in Section H (Log of Modifications) at the back of the document.

Cross Referencing of Programme Specifications

The following elements of provision included in this document is/ are also included in the following programme specifications

Award Programme Specification

Amendments made to provision listed in this table, must also be reflected in the relevant programme specifications listed above

http://www.mmu.ac.uk/academic/casqe/specs/index.php

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CENTRE FOR ACADEMIC STANDARDS and QUALITY ENHANCEMENT

Programme Specification

The information in this document is organised into the following sections: Section A – Administrative and Regulatory Information Section B – Outcomes Section C – Structure Section D – Teaching, Learning and Assessment Section E – Programme Management Section F – Mapping Section G – Points of Reference

SECTION A – ADMINISTRATIVE AND REGULATORY INFORMATION

1 Overarching Programme Specification Title


2 Brief Summary

This programme specification covers undergraduate programmes in the Department of Accounting, Finance and Economics at Faculty of Business and Law. The department offers specialist degree programmes in accounting, banking and finance that lead to professional accreditation and degrees such as BA/BSc Economics where it is possible to take specialist routes in business, political economy and policy. The degrees can be taken as three year full time programmes or as four year programmes including either a placement or exchange year. The banking and finance programme is also offered as a part-time route. Students undertaking a placement or exchange year will be assessed on that year, through a portfolio of notable activities or achievements and provision of a reflective output on their overall experience, personal development and employability.

The programmes generally include core and elective study.

3 Awarding institution MMU

4 Home Faculty Faculty of Business and Law

5 Home Department/ School/ Institute

Accounting, Finance and Economics

6 UCAS/GTTR code(s)

BA (Hons) Accounting and Finance Full-time (3 Years) N420

BA (Hons) Accounting and Finance Placement (4 Years) NN34 BA (Hons) Finance Full-time (3 years) 8G72 BA (Hons) Finance Placement (4 years) 8B78 BA (Hons) Economics Full-time (3 years) L100 BA (Hons) Economics Placement (4 years) L102 BA (Hons) Economics Overseas Study (4 years) 2W62

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BA (Hons) Banking and Finance Full-time (3 years) N341 BA (Hons) Banking and Finance Placement (4 years) 2W88 BA (Hons) Economics and Finance (Joint Honours) Full-time (3 years) 8I99 BA (Hons) Economics and Banking Full-time (3 years) 8R64 BA (Hons) Economics and Banking Placement (4 years) 2A88 BA (Hons) Economics and Banking Overseas Study (4 years) 2X42 BA (Hons) Accounting (Top-up) A40A BA (Hons) Financial Engineering (Top-up) F16M BA (Hons) Financial Studies (Top-up) N300

7 Framework for HE Qualifications position of final award(s) Framework for HE Qualifications

Honours (Level 6)

8 Alignment with University Curriculum Framework Curriculum Frameworks

Undergraduate

9 Engagement with the University-wide provision (eg Uniwide Language, EdLab)

Uniwide languages will be offered as an option on courses within Economics at level 5.

10 Compliance with University Assessment Regulations University Assessment Regulations

Undergraduate

11 Approved Variations/Exemptions from University Assessment Regulations

N/a

12

Relationship with Faculty Foundation Year

Successful completion of the Faculty Foundation Year entitles student to enter level 4 of

BA (Hons) Accounting and Finance BA (Hons) Economics BA (Hons) Banking and Finance The management of the Foundation Year is undertaken by Marketing, Operations and Digital Business and the structure of the Foundation Year can be found in the Marketing, Operations and Digital Business Undergraduate Programme Specification.

Awards

13 Final award title(s)

Single Honours Programmes BA (Hons) Economics BA (Hons) Economics with Placement/Overseas Study BSc (Hons) Economics

http://www.qaa.ac.uk/en/Publications/Documents/Framework-Higher-Education-Qualifications-08.pdf

http://www.mmu.ac.uk/academic/casqe/regulations/curriculum-frameworks.php

http://www.mmu.ac.uk/academic/casqe/regulations/assessment.php

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BSc (Hons) Economics with Placement/Overseas Study BA (Hons) Accounting and Finance BA (Hons) Accounting and Finance with Placement/Overseas Study BA (Hons) Finance BA (Hons) Finance with Placement/Overseas Study BA (Hons) Banking and Finance BA (Hons) Banking and Finance with Placement/Overseas Study BA (Hons) Economics and Banking BA (Hons) Economics and Banking with Placement/Overseas Study Joint Honours BA (Hons) Economics and Finance Top-up Degrees BA (Hons) Financial Studies BA (Hons) Financial Engineering BA (Hons) Accounting

14 Combined Honours

Combined Honours on the Manchester campus The University has a defined list of approved combinations available to students through the Combined Honours scheme. Each approved combination is assigned to a programme specification and to a Department that is responsible for all programme management arrangements for students enrolled on that combination. Section 14a(iii) indicates all combinations available for subjects within this programme specification and also identifies those combinations which for which this programme specification is specifically responsible.

14a

(i) Combined Honours Awards available eg:

BSc/BA (Hons) AB

BSc/BA (Hons) AB and XY

BSc/BA (Hons) AB with XY (ii) Single Honours Awards available through Combined Honours (ie Named Awards) (iii) Approved Subject Combinations

administered by this Programme Specification (ie “home” combinations)

BA (Hons) Economics BSc (Hons) Economics BA (Hons) Economics and Politics BA (Hons) Economics and International Business BA (Hons) Economics and Mathematics BSc (Hons) Economics and Mathematics BA (Hons) Economics and Business BA/BSc (Hons) Economics N/a

14b Approved Subject Combination administered by other Programme Specifications

Approved Combination Home Programme Specification and Home Dept

BSc (Hons) Mathematics Undergraduate

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Economics and Mathematics BA (Hons) Economics and Mathematics BA (Hons) Economics and International Business BA (Hons) Economics and Politics BA (Hons) Economics and Business

Network; School of Computing, Mathematics and Digital Technology Department of Management; Department of Management;

15 Interim exit awards and Subject title(s)

CertHE Economics DipHE Economics CertHE Accounting and Finance DipHE Accounting and Finance CertHE Finance DipHE Finance DipHE Banking and Finance DipHE Economics and Banking CertHE Economics and Finance DipHE Economics and Finance Combined Honours: CertHE Economics DipHE Economics CertHE Economics and International Business DipHE Economics and International Business CertHE Economics and Business DipHE Economics and Business CertHE Economics and Politics DipHE Economics and Politics CertHE Economics and Mathematics DipHE Economics and Mathematics

Arrangements with Partners

16 Approved Collaborative partner(s)

Partner Name Type of Collaborative Partnership

N/a

N/a

17 Articulation and Progression Arrangements with Partners

Partner Name Details of Arrangements

Europa-Universitat Viadrina (Frankfurt

Academic Partnership, Dual Award

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Oder), Germany

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Professional, Statutory and Regulatory Bodies

18 PSRB(s) associated with final award of any route within the programme specification

BA (Hons) Accounting and Finance BA (Hons) Finance In order to be accredited against the CIMA, CIPFA, AAT ICAEW and ACCA Standards, all units must be passed and no condonement of units is permitted. Students can progress on the degree with a condonement at level 4, but would not be eligible for any exemptions related to this unit. For ICAEW, a minimum mark of 50% is required in all units.

Association of Chartered Certified Accountants BA (Hons) Accounting and Finance BA (Hons) Finance BA (Hons) Banking and Finance approved to provide exemptions from professional examinations Chartered Institute of Management Accountants BA (Hons) Accounting and Finance BA (Hons) Finance BA (Hons) Banking and Finance approved to provide exemptions from professional examinations Institute of Chartered Accountants of England and Wales BA (Hons) Accounting and Finance BA (Hons) Finance BA (Hons) Banking and Finance Approved to provide exemptions from professional examinations Chartered Institute of Public Finance and Accounting BA (Hons) Accounting and Finance BA (Hons) Finance BA (Hons) Banking and Finance approved to provide exemptions from professional examinations Institute of Chartered Accountants in Scotland (ICAS) BA (Hons) Accounting and Finance approved to provide exemptions from professional examinations

19 Date, outcome & period of approval of last PSRB approval/accreditation

Institute of Chartered Accountants of England and Wales (ICAEW) Date: 2016

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BA (Hons) Accounting and Finance BA (Hons) Finance Outcome: Approved to provide exemptions from professional examination Period of approval: 4 years Chartered Institute of Management Accountants (CIMA) Date: 2013 BA (Hons) Accounting and Finance BA (Hons) Finance Outcome: Approved to provide exemptions from professional examination Period of approval: 2018 Association of Chartered Certified Accountants (ACCA) Date: July 2016 BA (Hons) Accounting and Finance BA (Hons) Finance BA (Hons) Banking and Finance Outcome: Approved to provide exemptions from professional examination Period of approval: 4 years Chartered Institute of Public Finance and Accounting Date: approved for current academic year 2016-2017 BA (Hons) Accounting and Finance BA (Hons) Finance BA (Hons) Banking and Finance Outcome: approved to provide exemptions from professional examinations Date: 2016-2017 Institute of Chartered Accountants in Scotland (ICAS) Date: September 2016 BA (Hons) Accounting and Finance Outcome: approved to provide exemptions from professional examinations Period of approval: 4 years

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Approval Status

20 Date and outcome & Period of Approval of most recent MMU review/approval

(i) Latest review/approval 20 January 2014

(ii) Length & Dates of Period of approval given In (i) above:

Years: 6 years From: 01 September 2014 To: 31 August 2020

(iii) Major Modifications to Programme Specification since last review/approval 07 September 2016: Adjustment to the curriculum structure to ensure sufficient distinctiveness between interim and final award titles (See Section H).

21 Next Scheduled Review Date:

Foundation Year and Combined Honours Curriculum specifically attached to this programme specification will be reviewed at the same time. 2019/2020

22 Programme Specification effective date:

September 2016

SECTION B - OUTCOMES

23 MMU Graduate Outcomes

On successful completion of their course of study MMU graduates will be able to:

GO1. apply skills of critical analysis to real world situations within a defined range of contexts;

GO2. demonstrate a high degree of professionalism characterised by initiative, creativity, motivation and self-management;

GO3. express ideas effectively and communicate information appropriately and accurately using a range of media including ICT;

GO4. develop working relationships using teamwork and leadership skills, recognising and respecting different perspectives;

GO5. manage their professional development reflecting on progress and taking appropriate action;

GO6. find, evaluate, synthesise and use information from a variety of sources; GO7. articulate an awareness of the social and community contexts within their disciplinary

field. Foundation Year Outcomes It is recognised that the University’s General Educational Outcomes will be met in full on completion of the total student experience over the period of study towards a degree. On successful completion of the University Foundation Year a student will be able to:

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FY1. Demonstrate knowledge in the subject matter of their units appropriate to Level 3 and apply what has been learned;

FY2. Engage in discussion on topics/issues related to contemporary debate in the subject matter of their units;

FY3. Demonstrate safe and effective use of specific media/equipment/material where appropriate;

FY4. Extract, summarise and synthesise relevant information; FY5. Produce a coherent and structured piece of written work; FY6. Demonstrate a readiness for lifelong learning and personal development; FY7. Participate effectively in group working and team activities; FY8. Demonstrate communication and presentation skills by clear and effective use of

speech, writing and other appropriate methods; FY9. Demonstrate a basic level of critical thought; FY10. Apply a range of study skills methods to enhance their academic development; FY11. Demonstrate numeracy skills in both everyday situations and in their specific subject

areas where appropriate; FY12. Demonstrate basic IT skills relating to word processing, spread sheets, simple

databases and the Internet; FY13. Demonstrate an awareness of the programme of study in a wider context.

24 Programme Rationale

We want to offer a suite of programmes in Accounting, Finance and Economics that are modern and progressive and meet the demands of our consumers in an ever changing world. Our vision is to offer a range of programmes that are focused on choice and are inclusive as possible, with both a national and international appeal. Accounting, Finance and Economics are core elements to the understanding of business and therefore the programmes are designed both to give a thorough understanding of the subject area and to develop the student personally and professionally. The programmes contain a comprehensive portfolio of units, designed around choice, to allow the students to either specialise or develop a broad knowledge of the subject. Either of these approaches will give the student a deep knowledge of the subject that will allow them to enhance their employability, by for example, gaining maximum professional exemptions from the accountancy bodies, or give them sound foundations to move on to further academic study or graduate schemes. The programmes will offer a balanced integration of academic thinking and knowledge that can be applied to real world situations. The programme design is intended to allow courses to be made available to a wide range of students from across the world.

25 QAA Benchmark Statement(s)

The QAA benchmark statements that have been referred to are Economics QAA 2007, Accounting QAA 2007 and Finance QAA 2007.

26 Programme Specific Outcomes

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Assurance of Learning (AoL) refers to a process used to continually improve student performance through improving student learning. The Faculty of Business and Law has established a common set of outcomes for all programmes that are business-specific skills and knowledge appropriate to the mission of the School. These are referred to as programme level learning outcomes (PLO). Each award has its own clear goals whilst maintaining the overall mission of the School. The learning outcomes for each programme are expressed in the Programme Specification. They underpin what employers want as part of professional preparation and that we believe students will need for career advancement. (a) Final Award Learning Outcomes

On successful completion of BA/BSc (Hons) Economics (with Placement/Overseas study), students will be able to: PLO1. apply critical thinking to practical and theoretical economic problems PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles to economic situations PLO4. apply principles of professional and commercial awareness to economic scenarios PLO5. develop subject specific knowledge and skills in economics

On successful completion of Accounting and Finance programmes (including BA (Hons) Accounting and Finance, BA (Hons) Finance and where appropriate, with, Placement/Overseas study), students will be able to: PLO1. apply critical thinking to practical and theoretical accounting and finance problems PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles to accounting and financial situations PLO4. apply principles of professional and commercial awareness in an accounting and finance context PLO5. develop subject specific knowledge and skills in accounting and finance

On successful completion of BA (Hons) Banking and Finance (including Placement/Overseas Study), students will be able to: PLO1. apply critical thinking to practical and theoretical banking and finance problems PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles to banking and financial situations PLO4. apply principles of professional and commercial awareness in a banking and finance context PLO5. develop subject specific knowledge and skills in banking and finance

On successful completion of BA (Hons) Economics and Banking (including Placement/Overseas Study), students will be able to: PLO1. apply critical thinking to practical and theoretical banking and economic problems PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles to banking and economic situations PLO4. apply principles of professional and commercial awareness to banking and economic scenarios PLO5. develop subject specific knowledge and skills in banking and economics

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On successful completion of BA (Hons) Economics and Finance, students will be able to: PLO1. apply critical thinking to practical and theoretical economic and financial problems PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles to scenarios within economics and finance PLO4. apply principles of professional and commercial awareness in a financial and economic context PLO5. develop subject specific knowledge and skills in economics and finance

On successful completion of BA (Hons) Financial Studies, students will be able to: PLO1. apply critical thinking to practical and theoretical problems within financial services PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles in a financial services context PLO4. apply principles of professional and commercial awareness in a finance PLO5. develop subject specific knowledge and skills in financial studies On successful completion of BA (Hons) Financial Engineering, students will be able to: PLO1. apply critical thinking to practical and theoretical problems within financial management PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles to financial management PLO4. apply principles of professional and commercial awareness within financial management PLO5. develop subject specific knowledge and skills in financial engineering On successful completion of BA (Hons) Accounting, students will be able to: PLO1. apply critical thinking to practical and theoretical problems in accounting PLO2. communicate effectively using a range of media PLO3. apply ethical and sustainability principles in a business context PLO4. apply principles of professional and commercial awareness within an accounting context PLO5. develop subject specific knowledge and skills in accounting

(b) Combined Honours Learning Outcomes

N/A

(c) Pass Degree Learning Outcomes

Students who do not qualify for the award of a Bachelor’s degree with honours may be eligible for the award of a Pass degree. Criteria for the award of a Pass degree are detailed within the University’s Assessment Regulations for Undergraduate Programmes of Study

27 Interim Award Learning Outcomes

On successful completion of a (CertHe) Accounting and Finance, students will be able to:

Understand the role of information systems in supporting business from strategic, through to organisational, levels across the business functions.

Evaluate the appropriateness of different approaches to solving problems related to

http://www.mmu.ac.uk/academic/casqe/regulations/assessment-regulations.php

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accounting and finance

Be able to present, evaluate and interpret data, in order to develop lines of argument and make sound judgements in accordance with basic theories in the field of accounting and finance

Develop knowledge and skills in accounting and finance

Manage personal and professional development reflecting on their progress and develop a capacity for independent and self-managed learning.

On successful completion of a (DipHE) Accounting and Finance, students will be able to:

Apply theory to accounting scenarios

Demonstrate an understanding of accounting and finance within business activities

Demonstrate analytical process, academic skills and techniques in relation to accounting and finance

Develop further specialised interests in the context of contemporary issues and practice.

Describe ethical and sustainable principles in accounting and finance On successful completion of a (CertHe) Economics, students will be able to:

Understand the role of information systems in supporting business from strategic, through to organisational, levels across the business functions.

Evaluate the appropriateness of different approaches to solving problems related to economics

Be able to present, evaluate and interpret data, in order to develop lines of argument and make sound judgements in accordance with basic theories in the field of economics

Develop knowledge and skills in economics


On successful completion of a (DipHE) Economics, students will be able to:

Apply theory to economic scenarios

Demonstrate an understanding of economics within business activities

Demonstrate analytical process, academic skills and techniques in relation to economics


Describe ethical and sustainable principles in economics On successful completion of a (DipHE) Banking and Finance, students will be able to:

Apply theory to scenarios within the financial sector

Demonstrate an understanding of banking and finance within business activities

Demonstrate analytical process, academic skills and techniques in relation to banking and finance


Describe ethical and sustainable principles in banking and finance On successful completion of a (CertHe) Finance, students will be able to:

Understand the role of information systems in supporting business from strategic, through to organisational, levels across the financial sector

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Evaluate the appropriateness of different approaches to solving problems related to the financial sector

Be able to present, evaluate and interpret data, in order to develop lines of argument and make sound judgements in accordance with basic theories in the field of finance

Develop knowledge and skills in finance


On successful completion of a (DipHE) Finance, students will be able to:

Apply theory to corporate and personal financial scenarios

Demonstrate an understanding of finance within business activities

Demonstrate analytical process, academic skills and techniques in relation to finance


Describe ethical and sustainable principles in finance On successful completion of a (DipHE) Economics and Banking, students will be able to:

Apply theory to economic and banking scenarios

Demonstrate an understanding of economics and banking within business activities

Demonstrate analytical process, academic skills and techniques in relation to economics and banking


Describe ethical and sustainable principles in economics and banking On successful completion of a (CertHe) Economics and Finance, students will be able to:

Understand the role of information systems in supporting business from strategic, through to organisational, levels across economics and finance

Evaluate the appropriateness of different approaches to solving problems related to economics and finance

Be able to present, evaluate and interpret data, in order to develop lines of argument and make sound judgements in accordance with basic theories in the field of economics and finance

Develop knowledge and skills in economics and finance


On successful completion of a (DipHE) Economics and Finance, students will be able to:

Apply theory to economic and financial scenarios

Demonstrate an understanding of economics and finance within business activities

Demonstrate analytical process, academic skills and techniques in relation to economics and finance


Describe ethical and sustainable principles in economics and finance NB: For the Final Learning Outcomes of the approved “other” subject – see the relevant subject Programme Specification: Politics

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BA (Hons) Politics; Department of History, Politics and Philosophy Mathematics Mathematics Undergraduate Network; School of Computing, Mathematics and Digital Technology International Business Management Undergraduate Programmes, Department of Management

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SECTION C – STRUCTURE 28 Structures, modes of delivery (eg FT/PT/DL etc), levels, credits, awards, curriculum map of

all units (identifying core/option status, credits, pre or co-requisites) potential entry/exit points and progression/award requirements

All units are 30 credits unless otherwise stated. Students leaving after successful completion of level 4 are eligible for CertHE (120 credits) Students leaving after successful completion of level 5 are eligible for DipHE (240 credits) Where Option units are indicated the number of Options and the units to be offered as Options may be amended each year with the agreement of the Head of Undergraduate Programmes/Head of Department. Note that the Language Options are provided as part of the University’s Uniwide programme taken from the University’s Language programme – further details are available from the Department of Languages.

OPTION UNITS Option units listed in the following curriculum structures are all approved for delivery but may not all run in any one academic session.

Faculty of Business Law wide Level 6 Options Faculty of Business and Law offers a wide variety of options, which are offered to all generalist programmes e.g. Business Management and Marketing Management. Certain specialist programmes benefit from accreditation from professional bodies (such as CIMA, CIM, etc.), therefore, it is important that the units within these programmes reflect the specialist nature and include the content, which allows for the formal accreditation from the appropriate professional body. These programmes have a specialist unit instead of a language unit to ensure that there is complete coverage of the learning outcomes required for this specialist area. However, this should not prevent students from still taking advantage of the exchange year within certain countries. Exchange and foreign language competence are unrelated. All other general business programmes have the language option as the generalist curriculum allows for this within the timescale of the programme and therefore, students can benefit from a language within this general approach.

BA (Hons) Accounting and Finance full-time BA (Hons) Accounting and Finance with Placement full-time BA (Hons) Accounting and Finance with Overseas Study full-time Level 4

Core Units

Code Status

Unit Title No of credits

5R4Z0005 None Financial Accounting 30

5R4Z0008 None Financial Decision Making 30

5R4Z0006 None Business Maths and Economics 30

5R4Z0007 None Financial Sector Responsibilities and Ethics 30

On successful completion of Level 4 – interim exit award: CertHE Accounting and Finance

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Level 5

Core Units

Code Status Unit Title No of credits

5R5Z0018 None Management Accounting and Internal Systems 30

5R5Z0019 None Financial Reporting 30

5R5Z0021 None Corporate Finance and Tax I 30

5R5Z0020 None Law 30

On successful completion of Levels 4 and 5 – interim exit award: DipHE Accounting and Finance Placement or Overseas Study Year

Code Status Unit Title

No of credits

5R5Z0177 None Placement Year 120 practice credits

5R5Z0001 - (Worldwide) 5R5Z0002 - (Erasmus)

None Overseas Exchange Year 120 practice credits

Level 6

Core Units

Code Status


5R6Z0038 None Corporate Reporting 30

5R6Z0039 None Corporate Finance and Tax 2 30

Option Units Choose two from options listed

5R6Z0043 None Business Environment and Operations 30

5R6Z0041 None Current Issues in Management 30

5R6Z0042 None International Financial Management 30

5R6Z0044 None Banking, Financial Markets and Institutions 30

5R6Z0040 None Assurance and Corporate Governance 30

None Any other option from the Faculty Business of Law wide option list

30

On successful completion of Level 6 – Final exit award: BA (Hons) Accounting and Finance, BA (Hons) Accounting and Finance with Placement, BA (Hons) Accounting and Finance with Overseas Study

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BA (Hons) Economics full-time BA (Hons) Economics with Placement full-time BA (Hons) Economics with Overseas Study full-time Level 4

Core Units

Code Status


5R4Z0002 None Introduction to Microeconomics 30

5R4Z0001 None Introduction to Macroeconomics 30

5R4Z0004 None Foundations of Quantitative Analysis in Economics and Finance

30

5R4Z0003 None Business and Financial Environment 30

On successful completion of Level 4 – interim exit award: CertHE Economics Level 5

Core Units for all pathways

Code Status


5R5Z0010 None Intermediate Microeconomics 30

5R5Z0011 None Intermediate Macroeconomics 30

Core unit for economic pathway

5R5Z0016 None Economics of Money and Banking 30

Options units for economic pathway Choose one from options listed

5R5Z0013 Pre-requisite: Foundations of Quantitative Analysis in Economics and Finance 5R4Z0004

Quantitative Analysis in Economics and Finance 30

5R5Z0015 None Firm's Behaviour, Markets and Environments 30

5R5Z0014 None Schools of Economics 30


Economics of Corporate Finance 30

5R5Z0017 None Current Issues in Economics 30

Co-requisite Uni-wide language 15

5T5Z0061 Co-requisite Managing Across Cultures 15

5T5Z0026 None Managing Across Cultures 30

Core units for political economy pathway


Options units for political economy pathway

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Choose one from options listed











Core units for policy pathway


Options units for policy pathway Choose one from options listed











Core units for business pathway


Options units for business pathway Choose one from options listed







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On successful completion of Levels 4 and 5 – interim exit award: DipHE Economics Placement or Overseas Study Year


No of credits




Level 6

Economic pathway

Core Units

Code Unit Title No of credits

5R6Z0026 None Advanced Economic Theory 30

5R6Z0027 None Economics of Growth and Development 30

Option Units on economics pathway

Option Units on economics pathway Choose two from options listed

5R6Z0028 None International Business and Global Change 30

5R6Z0029 None International Economics 30

5R6Z0030 None Contemporary Political Economy 30

5R6Z0031 None Economic Applications and Practice 30

5R6Z0032 None The Economics of the European Monetary Union 30

5R6Z0033 Pre-requisite: Economics of Corporate Finance 5R5Z0012

Corporate Finance and Investments 30

5R6Z0178 None Dissertation (Qualitative) 30

426Z0012 None Economics and Crime 30

5R6Z0035 None Environmental Economics 30

None Any other option from the Faculty of Business and Law wide option list

30

Political Economy pathway

Core Units




Option Units on Political Economy pathway

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Option Units on Political Economy pathway Choose two from options listed












30

Policy pathway

Core Units




Option Units on policy pathway

Option Units on policy pathway Choose two from options listed












30

Business pathway

Core Units




Option Units on business pathway

Option Units on business pathway Choose two from options listed

5R6Z0033 Pre-requisite: Corporate Finance and Investments 30

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Economics of Corporate Finance 5R5Z0012









None Any other option from the Faculty Business and Law wide option list

30

On successful completion of Level 6 – Final exit award: BA (Hons) Economics, BA (Hons) Economics with Placement, BA (Hons) Economics with Overseas Study

BSc (Hons) Economics full-time BSc (Hons) Economics with Placement full-time BSc (Hons) Economics with Overseas Study full-time Level 4

Core Units

Code Status


5R4Z0002 None Introduction to Microeconomics 30

5R4Z0001 None Introduction to Macroeconomics 30


30

5R4Z0003 None Business and Financial Environment 30

On successful completion of Level 4 – interim exit award: CertHE Economics Level 5

Core Units

Code Status


5R5Z0010 None Intermediate Microeconomics 30

5R5Z0011 None Intermediate Macroeconomics 30



Option Units Choose one from options listed

5R5Z0012 Pre-requisite: Economics of Corporate Finance 30

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Foundations of Quantitative Analysis in Economics and Finance 5R4Z0004








On successful completion of Levels 4 and 5 – interim exit award: DipHE Economics Placement or Overseas Study Year


No of credits




Level 6

Core Units



5R6Z0037 Pre-requisite: Quantitative Analysis in Economics and Finance 5R5Z0013

Econometrics: Analysis and Forecasting 30

5R6Z0179 None Dissertation (Quantitative) 30













30

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On successful completion of Level 6 – Final exit award: BSc (Hons) Economics, BSc (Hons) Economics with Placement, BSc (Hons) Economics with Overseas Study

BA (Hons) Banking and Finance full-time BA (Hons) Banking and Finance with Placement full time BA (Hons) Banking and Finance with Overseas Study full time Level 4

Core Units

Code Status




5R4Z0006 None Business Maths and Economics 30


On successful completion of Level 4 – interim exit award: CertHE Accounting and Finance Level 5

Core Units


5R5Z0024 None Retail Banking 30

5R5Z0012 None Economics of Corporate Finance 30

5R5Z0022 None Investment Principles and Risk 30

5R5Z0023 None Personal Financial Planning 30

On successful completion of Levels 4 and 5 – interim exit award: DipHE Banking and Finance Placement or Overseas Study Year


No of credits




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Level 6

Core Units

Code Status


5R6Z0046 None Risk Management in Banking and Insurance 30

5R6Z0045 Pre-requisite: Personal Financial Planning 1 5R5Z0023

Integrated Financial Planning 30



5R6Z0049 None Corporate Financial Management 30


30

On successful completion of Level 6 – Final exit award: BA (Hons) Banking and Finance, BA (Hons) Banking and Finance with Placement, BA (Hons) Banking and Finance with Overseas Study

BA (Hons) Banking and Finance part-time Bank of New York Mellon Students may be admitted to this award with accredited prior learning that is recognised by the Faculty of Business and Law. Students with appropriate accredited prior learning will be required to successfully complete 60 credits at Level 5 and 120 credits at Level 6 in order to receive the BA (Hons) Banking and Finance award. Level 5

Core Units


5R5Z0174 None Governance and Regulation 30


Level 6

Core Units

Code Status





5R6Z0042 None Work Based Learning Project 30

On successful completion of Level 6 – Final exit award: BA (Hons) Banking and Finance

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BA (Hons) Finance full-time BA (Hons) Finance with Placement full-time BA (Hons) Finance with Overseas Study full-time Level 4

Core Units

Code Status





30


On successful completion of Level 4 – interim exit award: CertHE Finance Level 5

Core Units

Code Status






5R5Z0023 None Personal Financial Planning 30



On successful completion of Levels 4 and 5 – interim exit award: DipHE Finance Placement or Overseas Study Year


No of credits




PARM1.1


Level 6

Core Units

Code Status



5R6Z0039 None Corporate Finance and Tax 2 30


5R6Z0045 Pre-requisite: Personal Financial Planning 1 5R5Z0023

Integrated Financial Planning 30



5R6Z0037 Pre-requisite: Quantitative Analysis in Economics and Finance 5R4Z0013

Econometrics: Analysis and Forecasting 30

On successful completion of Level 6 – Final exit award: BA (Hons) Finance, BA (Hons) Finance with Placement, BA (Hons) Finance with Overseas Study

BA (Hons) Economics and Banking full-time BA (Hons) Economics and Banking with Placement full-time BA (Hons) Economics and Banking with Overseas Study full time Level 4

Core Units

Code Status


5R4Z0009 None Microeconomics and Macroeconomics Principles 1

30



30


On successful completion of Level 4 – interim exit award: CertHE Economics and Finance Level 5

Core Units

Code Status



30


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5R5Z0024 None Retail Banking 30


On successful completion of Levels 4 and 5 – interim exit award: DipHE Economics and Banking Placement or Overseas Study Year


No of credits




Level 6

Core Units

Code Status





30





On successful completion of Level 6 – Final exit award: BA (Hons) Economics and Banking/BA (Hons) Economics and Banking with Placement/Overseas Study

Joint Honours

BA (Hons) Economics and Finance Level 4

Core Units

Code Status



30



30


On successful completion of Level 4 – interim exit award: CertHE Economics and Finance

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Level 5

Core Units

Code Status



30


Option Units choose two from the options below

5R5Z0018 None Management Accounting and Internal Systems 30



On successful completion of Levels 4 and 5 – interim exit award: DipHE Economics and Finance Level 6

Core Units

Code Status



30

Option Units choose three from the options below







5R6Z0041 None Current Issues in Management Accounting 30

5R6Z0039 Pre-requisite: Corporate Finance and Tax 1 5R5Z0021

Corporate Finance and Tax 2 30

5R6Z0038 Pre-requisite: Financial Reporting 5R5Z0019

Corporate Reporting 30

On successful completion of Level 6 – Final exit award: BA (Hons) Economics and Finance

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TOP UP DEGREES To enter on to a Top Up Degree applicants must achieve qualifications equivalent to Years 1 and 2 of an Accounting degree or an equivalent course of study at a recognised institution. An example of an equivalent qualification is an Advanced Diploma in Accounting. There is an expectation that students coming on to the programme will have studied financial accounting, corporate finance and management accounting.

BA (Hons) Financial Studies Level 6

Core Units

Code Status





5R6Z0050 None Financial Planning for Individuals 30



On successful completion of Level 6 – Final exit award: BA (Hons) Financial Studies

BA (Hons) Financial Engineering Level 6

Core Units

Code Status




5R6Z0040 None Assurance and Corporate Governance 30


On successful completion of Level 6 – Final exit award: BA (Hons) Financial Engineering

BA (Hons) Accounting Level 6

Core Units

Code Status




5R6Z0051 None Performance Management for Business 30


On successful completion of Level 6 – Final exit award: BA (Hons) Accounting

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Student Mobility students Level 5

Student Mobility Units

Code Status


5R5Z0084 Student Mobility Financial Reporting (Student Mobility) 15

5R5Z0085 Student Mobility Accounting (Student Mobility) 15

5R5Z0087 Student Mobility Principles of Economics (Student Mobility) 15

5R5Z0088 Student Mobility Issues of Economics (Student Mobility) 15

5R5Z0095 Student Mobility Economics of Corporate Finance (Student Mobility)

15

5R5Z0094 Student Mobility Economic Schools of Thought (Student Mobility) 15

5R5Z0096 Student Mobility Industrial Economics (Student Mobility) 15

5R5Z0097 Student Mobility Intermediate Macroeconomic Principles (Student Mobility)

15

5R5Z0098 Student Mobility Intermediate Microeconomic Principles (Student Mobility)

15

5R5Z0093 Student Mobility Financial Institutions (Student Mobility) 15

Level 6

Student Mobility Units

Code Status


5R6Z0086 Student Mobility Risk Management in Banking and Insurance (Student Mobility)

15

5R6Z0089 Student Mobility Advanced Economics (Student Mobility) 15

5R6Z0090 Student Mobility Corporate Finance (Student Mobility) 15

5R6Z0091 Student Mobility Economics of Global Change (Student Mobility) 15

5R6Z0099 Student Mobility International Economics (Student Mobility) 15

5R6Z0100 Student Mobility Corporate Finance and Investment (Student Mobility)

15

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SECTION D - TEACHING, LEARNING AND ASSESSMENT

29 Articulation of Graduate Prospects

MMU has a vision that places quality and employability as top priorities. The programmes in Accounting, Finance and Economics have been designed to give students not only a thorough understanding of the subject area, but also the opportunity to develop personal and professional skills that will assist them in their chosen career. Students coming onto the accounting and finance programmes aspire to be accountants or work in financial services. The subject view report, commissioned from The Knowledge Partnership for the periodic review, showed that 70% students took accountancy degrees as “it leads to a well-paid job”, with the second factor being a greater guarantee of securing a job on graduation. The 2011 KIS data for accounting students show that 83% of students move on to work and/or study on graduation. These programmes have some of the highest percentages of students continuing their studies of all of the programmes in the Faculty of Business and Law. In the main, students continue their studies by undertaking their professional accountancy examinations as can be seen by the recruitment on to the full-time and part-time professional accountancy programmes offered by MMU. When in work over 50% will be employed in business (HECSU (2013) What do graduates do, September edition). The market place for accountancy graduates jobs is very competitive; therefore, the programmes have been designed to ensure that the students obtain maximum exemptions from the main accountancy bodies, and accreditation from financial services bodies, as well as, developing skills that will allow them to undertake the new up-and-coming professional examinations with the Institute Chartered Financial Analysts. These exemptions, and the generic employability skills the students develop, make MMU accounting and finance graduates attractive propositions to employers. As economics is not a vocational course, Economics students are much more likely to say that they chose the degree for love of the subject than cite job prospects as a primary reason for their choice of subject. However, this does not deter employers from recruiting MMU Economics graduates with the 2011 KIS data showing that 95% of Economics students move on to work and/or study after graduating, with 60% of those in work only, and over 52% employed in business (HESCU (2013)). This success has to be maintained in the new programmes, so the core of the old programmes remains intact with pathways in the new programmes to allow students to develop a deeper knowledge of the subject should they want to focus their career, for example, in economic forecasting, policy or business. In all programmes the generic employability skills have been embedded across units. To enable students to recognise these skills each assessment brief will include not only the learning outcome for the unit but also the skills the student will be developing in the assessment. Unit specifications, outlining these generic skills, will be available via Moodle and in unit handbooks.

30 Curriculum Design

Option Units Option units listed in the curriculum structures (section C28 above) are all approved for delivery, but may not all run in any one academic session.

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The vision and rationale for the programmes is to develop a student’s learning in terms of depth of their subject knowledge, as well as in relation to the wider economic, social, cultural and environmental contexts it may interface with. The programme aims are aligned to the programme learning outcomes as discussed in section 26 of this document. Each of the programmes will have outcomes that are measurable through the University Grade Descriptors and will develop through each stage of the programme. The programmes have been designed to give the students choice and flexibility, and give them the opportunity to gain specialist knowledge in a subject area or keep a broad focus. Where possible programmes have common units at level 4, allowing students to defer their decision of which pathway to follow until they gain an understanding of the subject area. Then, at higher levels, units are often shared across courses to allow a wider offering of options to students, making the specialist units more sustainable. Much of the subject content of the units is driven by the requirements of the QAA and in some cases the requirements of the accrediting bodies. The generic skills content was influenced by CIHE (2008) Graduate Employability, CBI (2011) Education and Skills survey and MMU Graduate Learning Outcomes (section 23 above), with the delivery of those skills influenced by Dacre Pool and Sewell (2007) The Key to employability, to give a practical framework to use when developing those skills to the students over the programme. Whilst employability is a main focus of the programmes in Accounting, Finance and Economics, the programmes are also designed to develop an ethical and sustainable awareness and appreciate the international aspects of their discipline in line with the programme learning outcomes detailed in section 26. Sustainability content is evident in at least one core unit at each level in every programme and at level 6 is a measurable programme learning outcome, although in practice it is embedded across a number of units through critical thinking and group work. Internationalisation is embedded in the programme in two ways. Firstly, through the inclusivity strategy discussed below in section 33 and then in the curriculum content. The programmes have a strong international focus, for instance, on accounting and finance programmes only international accounting standards are taught, and on the economics programmes there are specific units looking at the international aspects of that discipline. The majority of the units at the higher levels of the programme build on the knowledge from prior level units. As part of the periodic review, tutors of different units discussed any pre-requisite or co-requisite knowledge and skills that they require from other units to ensure successful learning on their unit. The units on the programmes are long thin units taught over the full academic year; although some of the option units in the new programmes are an amalgam two subject areas that have been split between level 5 and 6 to allow students to gain a deeper insight into the subject. Student Mobility students Students on the Student Mobility scheme will study the same curriculum as MMU home students. Where appropriate, 15 credit unit specifications (based on the same curriculum content) have been developed to accommodate students studying at MMU for less than a full academic year.

31 Learning and Teaching

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The aim of the MMU Strategy for Learning, Teaching and Assessment to enable students to reach their potential and give them the skills and knowledge to move forward in their chosen career. The learning and teaching on the programmes will develop the student’s subject knowledge, generic skills, and lifelong learning skills. A key skill that graduate employers want of students is commercial/business awareness with only 5% of employers (CBI 2011) stating that they were very satisfied with the level of knowledge in this area amongst their graduate intake. With this in mind, the teaching has a strong focus on the application of theory to the real world, through problem solving, case studies, analysis of current thinking and helping the students develop as world class professionals. The programme team acknowledge that on enrolment, the students will be from a wide range of backgrounds and have differing levels of pre-requisite knowledge. There is therefore a teaching philosophy to encourage dialogue in the classroom, so students can learn from each other, and over the course of the programme, students are challenged to question their current belief systems and recognise the complexities of the real world. Induction on to the programme is seen as a series of processes, not just an event, designed to cater for not only the mix of students, but also the different learning styles. The process can be broken down as follows: Pre-induction The strategy for pre-induction is to maintain the interest of new students to ensure that they continue to feel enthusiastic about coming to MMU. The plan is to have keep in communication with the new students, in line with other correspondence the University may undertake, and to provide pre-learning material for students to undertake prior to coming on the course. Induction Level 4 Induction week is one of the most important weeks in the academic year for students. It is the point students are welcomed into the University, helps to confirm to students that they have made the correct choice of University and programme, and provides an opportunity to prepare students for what is expected of them during their studies. Induction contains a mix of activities that introduce the first units of study on the programme, provide some socialisation activities to help them integrate, meet their academic tutors, personal tutors, and sign post students to important sources of help and support, including in particular the Student Experience Tutor for the programme. Given the large cohort of students on the programmes, one of the specific objectives for the induction week is that all students should have had the opportunity to make a connection with other students in their tutorial group. Levels 5 and 6 Induction for existing students is a key time to welcome the students back to University and to

http://www.celt.mmu.ac.uk/ltastrategy/index.php

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provides an opportunity to re-enthuse students about the programme they have embarked on, and also remind them of the key areas of support open to them. All students will be given an indicative timetable and the opportunity through Moodle to have access to unit handbooks at induction. During the first week of study, tutorials will be used to review previous study and look forward to the new year. Teaching and Learning A blended learning with a constructivist approach will be under-pinning the teaching. The approach will incorporate direct teaching, e-learning, simulations to allow experiential work-based learning, problem solving, critical analysis, reflection and directed self-study. A range of diagnostic online and in-class testing, to enable the academic to identify student progress and assess individual learning needs, will also support the students. The skills that the students should develop from this learning approach are managing own learning, problem solving, critical analysis, communication skills, ICT skills, team working and self-evaluation skills. As the learning and teaching methods evolve, teaching staff will supported with additional training both formally through cpd and informally at departmental level through peer support or from the e-learning support officer. It is recognised that research informed teaching enhances the student experience. As many teaching staff in the department are currently developing their research, teaching will be aligned to their area of research wherever possible. Student Mobility Students on Student Mobility schemes will study the same curriculum as MMU home students. Where appropriate, 15 credit unit specifications have been developed to accommodate students studying at MMU for less than a full academic year. The content of the 15 credit units will be a truncated version of the existing unit.

32 Assessment

The Faculty of Business and Law recognises that there are various stakeholders who have an interest in assessment including students, lecturers, employers and professional bodies. The strategies are based upon the nature of the learning outcome being assessed. The NSS has indicated that there is a need to improve assessment and feedback in order to meet the needs of stakeholders’ interest. Unseen examinations were prevalent in the Faculty of Business and Law but it has been recognised that they may not always allow students to show appropriate depth and breadth of knowledge because of time constraints. However, in certain subject areas, the nature of the assessment is determined by professional body requirements and does include unseen time constrained examinations. Students' knowledge and skills are tested through a range of assessment methods to enhance the learning experience. Service methods for feedback have been set and best practices in assessment and feedback can be seen on the Moodle area. Staff training and support in assessment is available and tailored to local needs. Assessment is diversified including presentations, self and peer assessment, scenario based learning and portfolio assessment. We recognise the need to distinguish formative and summative assessment and close the feedback loop particularly as regards formative assessment. The MMU Strategy for Learning, Teaching and Assessment demonstrates how the learning


PARM1.1


outcomes for the unit are to be achieved and measured by promoting student learning through effective teaching and support. The programme design team have put students at the heart of the assessment strategy ensuring that there is a range of different assessment types across the units to allow students to demonstrate their knowledge and ability. Each unit handbook explains the learning outcomes for the subject and how these will be achieved through the integration of the learning and assessment methods, and how formative feedback will take place both in tutorials and through Moodle via self-assessment exercises. Students on each of the programmes and at each level will receive at least one formative assessment within the first six weeks of the start of the programme. This allows the student and tutor to see the student’s progress and identify the need for any additional support that may be required. There is a variety of summative assessments across the programmes which includes essays, business reports, presentations, group work with individual reflections, portfolios and examinations (see Appendix 2 for an overview). On the accounting programmes in particular there is a leaning towards unseen closed book examinations as this is a requirement of the professional bodies to gain accreditation from the various institutes. The timetable for the summative assessments will be reviewed by the Undergraduate Co-ordinator to ensure that the students’ workload is reasonably balanced through the teaching year. To gain consistency, transparency and quality when setting, moderating and marking of the summative assessments, unit leaders are expected to use the Faculty of Business and Law standard documentation and follow MMU procedures. The MMU grade descriptors for each level are adapted for each unit to enable students to understand their grade and monitor their progress in line with any feedback they receive. Students will receive feedback within four weeks of the assessment. In many units, students are encouraged to submit elements of their summative assessment at specific points during the assessment schedule. This enhances the student experience by reducing assessment anxiety and nervousness as it gives the student feedback as to standard required prior to the final submission. To gain consistency of assessment, tutors at each level on the programme will be required to meet to discuss the expectations of students studying at that level and where appropriate have access to feedback previously issued to students so progression can be monitored. Where there are multiple markers on an assignment, the unit leader will hold moderation meetings to ensure that there is consistency in the marking and feedback given. All feedback will follow best practice as issued in MMU’s Institutional Code of Practice for the Assessment of Students by being be relevant and meaningful; be motivating, clear and constructive; critical but with the intention of enabling student development by consolidating learning and advising on means of improvement. Student Mobility students Students following the 15 credit units must be assessed via types of assessment other than formal written examinations. Where students complete their assessment outside the standard timescale for consideration by Assessment Boards, Chair’s Action will be taken to confirm the outcome of their assessment.

33 Inclusive Practice

http://www.mmu.ac.uk/academic/casqe/regulations/docs/assessment_procedures.pdf

http://www.mmu.ac.uk/academic/casqe/regulations/docs/assessment_icp.pdf


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With increasing student numbers on the programmes in Accounting, Finance and Economics the diversity of the student population is also increasing, with greater proportions of disabled students, mature students and international students enrolling onto the programmes. Bearing this in mind, the new programmes in Accounting, Finance and Economics have been designed to provide a supportive and inclusive learning experience to all, offering a wide range of opportunities to a diverse range of learners. The needs of the students have been considered at each stage in the above sections. The induction process should ensure all students are welcome and support plans put in place for students who wish to have them. The delivery methods, with the support of technology, should ensure all students can be taught to suit their learning style and needs, and the embedding of formative assessment ensures learning difficulties can be identified and support offered. In addition, the department is focusing on attendance monitoring to ensure students who are not attending are contacted quickly and support offered where needed. The department recognises that our students can have multiple identities and all students have aspects of their personal lives that will impact upon the classroom context, such as having to act as a carer for a relative or partner, or having to work extra hours to earn additional money. In line with MMU policy students are timetabled over a three-day period per week and in the final year majority of students are able to choose their tutorial times to ensure that they fit with their personal commitments. Inclusive practice extends beyond the teaching and learning as the department has a range of support mechanisms to help students through the year-tutors, personal academic tutor system, the department’s Student Experience Tutors, and a student mentoring scheme. The department also recognises that students living away from home can feel social isolation and through the Accounting, Finance and Economic Student Society have social events and a Facebook page that all students can join. Furthermore, the Society aims to have a range of guest speakers and events that will reflect the international membership.

34 Technology Enhanced Learning

The department has a diverse student population studying on its programmes and will fully engage with existing and new technologies to support the needs of its students. In addition, the department has developed a service level agreement that specifies minimum acceptable standards for the unit Moodle areas. The aim of the service level agreement was to ensure consistency across units and to allow students and unit leaders the level of content expected. The use of technology enabled learning materials allows flexibility in the delivery of the programme, supports independent learning, and aids inclusivity. The subject areas on Moodle should be used not only as platform for lecture notes, power point slides, assignment briefs and unit handbooks, but also should include additional learning resources such as videos, pod casts, links to journal articles and formative quizzes. By using the VLE students should be able to take their learning beyond the classroom. As part of the introduction to their unit, unit leaders should introduce students to the Moodle site, and how to navigate their way round it. Staff are supported in the use of Moodle by the e-learning officer in the Faculty, who not only provides training workshops and videos but who puts on weekly drop-in sessions for each department. In addition to the subject specific areas on Moodle there are programme areas for reference by

PARM1.1


students of programme wide information and notices. It is at the programme level where students would be notified of forthcoming events and guest lectures, reminder of important dates re assessments, inclusion of main points of contact for support and Staff Student Liaison meeting minutes and action plan.

In addition to the use of Moodle to support learning, technology is embedded into the programmes through the use of industry specific software and general Microsoft packages. The specific software packages include Sage, Microfit, Finametrica risk profiling software and Capita/Synaptics investment appraisal software.

35 Placement and/or Work-based Learning Activities

To aid employability the programmes have been designed to help students make the link between theory and the real world. Activities that allow students to develop abilities that will be useful in a wide range of professional situations have been built into the curriculum through teaching methods and assessments. In addition, all of the single honours programmes delivered by the department offer the student the opportunity to work as a third year of study. This can be through either work placement or via the Exchange route. Learning may be at a wide variety of organisations and has been designed according to the Institutional Code of Practice for Placement and Work-Based Learning. All students wishing to go on placement are required to register with the Placement Office. The Placement Office approves all job opportunities before advertising them to the appropriate student groups through a range of media. Students registered with the Placement Office will be required to attend seminars and workshops to help prepare and inform students of the procedures for securing placements. Each student whilst out on placement will be allocated a placement tutor who will visit the student, to assess their learning and progress, and act as a point of contact. In addition to the formal work based learning the department works closely with the Xchange department in the Faculty of Business and Law who liaise with external businesses and organisations to offer students the opportunity to undertake volunteering during their studies or during vacation periods. This enables students to obtain work-related learning without having to follow the placement programme. The Students’ Union also offers a wide range of volunteering opportunities. Overseas Study We have established relationships with a large number of institutions in Europe, Australia, China, Japan and the USA for example, the University of Nicosia, University of Economics, Prague, Universite Blaise-Pascal, Clermont-Ferrand, Deakin University Melbourne, University of Technology Sydney, Bridgewater State College, Boston, East Carolina University, North Carolina, Hong Kong Baptist University and Soka University, Tokyo. Students undertaking a placement or exchange year will be assessed on that year, through a portfolio of notable activities or achievements and provision of a reflective output on their overall experience, personal development and employability. Suitable staff support and guidance for this assessment is available through departmental programme support tutors and dedicated exchange and placement tutors. These will be available during the year 2 preparation and throughout the placement period.

http://www.mmu.ac.uk/academic/casqe/regulations/docs/placement_icp.pdf

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All of the above learning opportunities have been designed considering the Manchester Met Institutional Code of Practice for Placement and Work Based Learning.

36 Engagement with Employers

It is recognised that the curriculum is very subject intense, so the department runs a lot of extracurricular activities to help students develop generic employability skills, job-seeking abilities and recruitment skills and knowledge. The Accounting, Finance and Economics Society is the biggest society in the university and hosts a range of events and workshops, sometimes in conjunction with the Careers and Employability service, from cv writing workshops, guest lectures from graduate recruiters, and networking events. The last networking event was very well received, by both the students and the employers who attended, developing students social skills and an awareness of what attributes employers want from graduates and giving MMU the opportunity to showcase their students to national and regional employers.

37 Personal Development Planning

Personal development planning is an integral part of the programmes with students encouraged to reflect directly on the process of learning and to gain an awareness of their goals and their progress towards these. Through the articulation of the skills to be developed on each unit and though the use of the Personal Academic Tutor (PAT) system, students are supported in managing their own personal development. At induction for each level, students are required to focus on the perception of their skills and areas of improvement. These are then reflected upon over the subsequent months with their personal tutors to ensure students take a professional and proactive stance to their personal development. In addition, generic skills are embedded at each level on the programme and explicit on both the unit specification and assessment briefs to ensure that students are aware of the skills that they are developing in each unit. Outside of the curriculum, students are actively encouraged to attend events held during a specific week set aside each year for a range of activities including events to help students develop skills sought by employers and expected of graduates e.g. Futures Skills Awards.


http://www.mmu.ac.uk/careers/

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SECTION E - PROGRAMME MANAGEMENT

38 Programme Specific Admission Requirements

We comply with the standard University Admission Requirements; number of UCAS points required (or equivalent) is revised annually, locally. This suite of top-up degrees is designed to attract both home and international students holding interim awards, either HND, FdA or equivalent qualifications from home and international institutions. The titles allow some specialisation in line with the opportunities offered to our three and four year degree students. Students may be admitted to BA (Hons) Banking and Finance, part time award with accredited prior learning in accordance with the MMU Policy for the Accreditation of Prior Learning that is recognised by the Faculty of Business and Law. Students with appropriate accredited prior learning will be required to successfully complete 60 credits at Level 5 and 120 credits at Level 6 in order to receive the BA (Hons) Banking and Finance award. For incoming Exchange students studying for the BA (Hons) Financial Studies award in addition to their home university award, students will enter this top up programme with a minimum of 120 ECTS (240 FHEQ credits) equivalent to 2 years undergraduate study, from home university programmes approved for articulation. NB Minimum admission points for entry to the University are reviewed on an annual basis. For entry requirements refer to the current University on-line prospectus

39 Programme Specific Management Arrangements

General Our programmes comply with University Standard Programme Management Responsibility. Foundation Year N/A Combined Honours The programmes are managed by the Department for Management in the Faulty of Business and Law. Within AFE, there is a coordinator acting as a point of contact for students and liaising with the Department of Management. Professional, Regulatory and Statutory Bodies There is a link tutor in the department who liaises with the professional accrediting bodies.

NB: see guidance on University’s Management of Programme Delivery

40 Staff Responsibilities

General Staff comply with the University Standard Staff Responsibilities Foundation Year N/A Combined Honours See section 39

http://www.mmu.ac.uk/academic/casqe/regulations/docs/APL_policy.pdf

http://www2.mmu.ac.uk/study/

http://www.mmu.ac.uk/academic/casqe/regulations/docs/programme-management.pdf

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Professional, Regulatory and Statutory Bodies See section 39 NB: the University’s Management of programme Delivery is available from the CASQE website

41 Programme Specific Academic Student Support

Generic academic student support is provided to all students in line with the guidance outlined in the University’s Student Handbook. Programme Specific Support

The tutors on each programme are active in ensuring students gain academic support tailored to the specific needs of their subject through the use of Moodle. In addition to unit support and the Personal Tutor System, and the employment of Student Experience Tutors in the department, the programme employs support strategies at various points of the programme aimed toward ensuring students are able to progress well in their studies. These include pre-enrolment activities, Induction activities and key meeting points throughout the year at all three levels. The pre-enrolment and induction month activities focus on early engagement and involvement, whilst the later activities specifically target individual and group needs (often suggested/prompted by the cohort or by individuals). Actions required from student feedback is analysed quickly to ensure students can see that they have been listened to and necessary support put into place promptly. Student support is at different levels in the department. The students have access to University-wide and NUS support and then at departmental level there are two Student Experience Tutors (SET) to provide additional pastoral care, independent advice and for students requiring general support or facing challenging personal issues. Each student is allocated Personal Academic Tutor (PAT). The department offers a minimum of three meetings per academic year to give the students the opportunity to discuss with them any academic issues they may have. Staff in their PAT handbook have clear guidelines for referral and contact should more specialist advice be required. Each level on each programme has a year tutor who supports students with either personal or academic issues and active as an additional level of support in addition to those above. Accounting, Finance and Economics runs a peer mentor scheme with level 5 and 6 students offering academic and pastoral support to level 4 students. The scheme is run through weekly drop in sessions and students are trained through Futures Skills Awards.

42 Programme Specific Student Evaluation

The Programme complies with current institutional guidance.

Programme Specific Evaluation The programme complies with current university guidance and in addition the professional bodies carry out a review for PSRB accreditation. NB University guidance on Evaluation of Student Opinion is available from the CASQE


http://www.mmu.ac.uk/students/

http://www.mmu.ac.uk/academic/casqe/experience/voice/docs/evaluation_of_opinion.pdf

____________________________________________________________________________________________________________________________________________________________________________ CASQE Page 42 of 141 Programme Specification

SECTION F – MAPPING MAP I

The Outcomes Mappings provided in the appendix to this document indicate the units in which each Programme Specific Outcome will be developed. An Assurance of Learning mapping will be approved annually by the Faculty Assurance of Learning Steering Group/Faculty Student Experience Committee for each programme indicating the unit(s) in which each PLO will be assessed.

BA (Hons) Accounting and Finance

Benchmark for Accounting Level 4 Level 5 Level 6

Knowledge and Understanding Mapping (K)

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)

Skills Mapping (S)

some of the contexts in which accounting can be seen as operating (examples of contexts include the legal, ethical, social and natural environment; the accountancy profession; the business entity; the capital markets; the public sector)

K

S

K S

K S

K S

K

S

K S

K S

K

S

K S

K S

K S

K S

K S

K S

K S

the capacity for the critical evaluation of arguments and evidence

the main current technical language and practices of accounting (for example, recognition, measurement and disclosure in financial statements; managerial accounting; auditing; taxation) in a specified socio-economic domain

K

S

K S

S

K S

K

S

K S

K S

S

K S

K S

S

K S

K S

K S

K S

the ability to analyse and draw reasoned conclusions concerning structured and, to a more limited extent, unstructured problems from a given set of data and from data which must be acquired by the student

some of the alternative technical languages and practices of accounting (for example, alternative recognition rules and valuation bases, accounting rules followed in other socio-economic domains, alternative managerial accounting approaches to control and decision-making)

K

S

K S

S

S

K

S

K S

K S

S

K S

K S

S

K S

K S

K S

S

the ability to locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of sources

skills in recording and summarising transactions and other economic events; preparation of financial statements; analysis of

K

S

K S

S

K

S

K S

K S

S

K S

K S

S

K S

S

S

S

capacities for independent and self-managed learning


the operations of business (for example, decision analysis, performance measurement and management control); financial analysis and projections (for example, analysis of financial ratios, discounted cash flow analysis, budgeting, financial risks)

contemporary theories and empirical evidence concerning accounting in at least one of its contexts (for example, accounting and capital markets; accounting and the firm; accounting and the public sector; accounting and society; accounting and sustainability) and the ability to critically evaluate such theories and evidence

S

S

S

S

K

S

K S

K S

S

K S

K S

K S

K S

S

K S

numeracy skills, including the ability to manipulate financial and other numerical data and to appreciate statistical concepts at an appropriate level

theories and empirical evidence concerning financial management, risk and the operation of capital markets (in cases of degrees with significant finance content).

S

S

S

K

S

S

S

S

S

K

S

S

K

S

K

S

K

S

S

skills in the use of communications and information technology in acquiring, analysing and communicating information (currently these skills include the use of spreadsheets, word processing software, online databases)

Benchmark for Finance communication skills including the ability to present quantitative and qualitative information, together with analysis, argument and commentary, in a form appropriate to the intended audience

An appreciation of the nature of the contexts in which finance can be seen as operating, including knowledge of the institutional framework necessary for understanding the role, operation and function of markets and financial institutions (eg the economic, legal, regulatory and tax environment, both national and international; the firm; the capital markets and the public sector).

K

K S

K

K

K

K S

K

K

K

K S

K

K

K

K

K

normally, an ability to work in groups, and other interpersonal skills, including oral as well as written presentation skills.

A knowledge of the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems (eg concept of arbitrage and examples of its use; financial mathematics and capital budgeting criteria; informational efficiency; optimal risk sharing; portfolio theory; asset pricing models and the valuation of securities; cost of capital; derivative pricing; risk management; information asymmetry; principal agency relationships; signalling; Fisher separation and capital budgeting criteria; behavioural finance; term structure and the movement of interest rates; determination of exchange

K K K

K K


rates and financial intermediation).

An ability to interpret financial data including that arising in the context of the firm or household from accounting statements and data generated in financial markets. The interpretation may involve analysis using statistical and financial functions and procedures such as are routinely available in spreadsheets (eg Microsoft Excel) and statistical packages. It may assume the skills necessary to manipulate financial data and carry out statistical and econometric tests (eg estimation and interpretation of asset pricing models; financial modelling and projections; event studies and residuals analysis; elements of time series analysis, such as serial correlation mean reversion, and stochastic volatility).

K K K K K

An understanding of the relationship between financial theory and empirical testing, and application of this knowledge to the appraisal of the empirical evidence in at least one major theoretical area. The appraisal should involve some recognition of the limitation and evolution of empirical tests and theory (eg the efficient markets hypothesis; anomalies; pricing of derivatives and other securities; bond portfolio management; exchange rates; raising capital and capital structure).

K K K K K

An understanding of the financing arrangements and governance structures of business entities, and an appreciation of how theory and evidence can be combined to assess the effectiveness and efficiency of such arrangements (eg decisions as to sources of finance and financial structure; the pricing of corporate securities; the market for corporate control; corporate governance structures and mechanisms; financial planning and international dimensions of finance).

K K K K K

An understanding of the factors influencing the investment behaviour and opportunities of private individuals (bonds, equities, and derivatives; risk aversion; risk/return trade-offs; portfolio management and performance measurement; pensions and long term

K K K K


savings; the tax treatment of savings and investments; international diversification; forex risk; objectives of and constraints on institutional investors and advisors).

An understanding of financial service activity in the economy, and an appreciation of how finance theory and evidence can be employed to interpret these services (for example, information asymmetry, adverse selection and moral hazard could be employed to analyse the fundamental nature of services, such as insurance, pensions, bank lending and consumer credit, and also explore fundamental problems arising in such financial service provision. Efficient market hypothesis could be used to explore evidence for fund manager performance and the effectiveness of equity and bond saving services).

K K K

An ability to understand financial statements, and a basic appreciation of the limitations of financial reporting practices and procedures (eg financial statement analysis; the relation between cash flow accounting and accrual accounting; discretionary accounting practices; and the nature of accounting measures of financial performance).

K K K K


BA/BSc (Hons) Economics

Level 4 Level 5


Intr

od

uct

ion

to

Mic

roe

con

om

ics

Intr

od

uct

ion

to

Mac

roe

con

om

ics

Bu

sin

ess

and

Fin

anci

al

Envi

ron

me

nt

Fou

nd

atio

ns

of

Qu

anti

tati

ve

An

alys

is in

Eco

no

mic

s

Inte

rme

dia

te M

icro

eco

no

mic

P

rin

cip

les

Inte

rme

dia

te M

acro

eco

no

mic

P

rin

cip

les

Eco

no

mic

s o

f C

orp

ora

te F

inan

ce

Qu

anti

tati

ve

An

alys

is in

Eco

no

mic

s

Firm

's B

eh

avio

ur,

Mar

kets

an

d

Envi

ron

me

nts

Eco

no

mic

s o

f M

on

ey a

nd

Ban

kin

g

Cu

rre

nt

Issu

es

in e

con

om

ics

Sch

oo

ls o

f Ec

on

om

ics

Skills Mapping (S)

A coherent core of economic principles. The understanding of these might be verbal, graphical or mathematical. These principles should cover the microeconomic issues of decision and choice, the production and exchange of goods, the pricing and use of inputs, the interdependency of markets, the relationships between principals and agents, and economic welfare. They should also include the macroeconomic issues of employment, national income, the balance of payments, the distribution of income, inflation, growth and business cycles, money and finance. The understanding should extend to economic policy at both the microeconomic and macroeconomic levels. In all these, students should show an understanding of analytical methods and model-based argument and should appreciate the existence of different methodological approaches.

K S

K S

S

K S

K S

K S

K

S

Abstraction. From the study of economic principles and models, students see how one can abstract the essential features of complex systems and provide a useable framework for evaluation and assessment of the effects of policy or other exogenous events. Through this, the typical student will acquire proficiency in how to simplify while still retaining relevance. This is an approach that they can then apply in other contexts, thereby becoming more effective problem-solvers and decision-makers.

Relevant quantitative methods and computing techniques. These would include appropriate mathematical and statistical methods, including econometrics. Students should have exposure to the use of such techniques on actual economic, financial or social data, using suitable statistical or econometric software.

S

S

K S

K S

K S

Analysis, deduction and induction. Economic reasoning is highly deductive, and logical analysis is applied to assumption-based models. However, inductive reasoning is also important. The development of such analytical skills enhances students' problem-solving and decision-making ability.


A knowledge and appreciation of the nature, sources and uses of economic data, both quantitative and qualitative.

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

Quantification and design. Data, and their effective organisation, presentation and analysis, are important in economics. The typical student will have some familiarity with the principal sources of economic information and data relevant to industry, commerce, society and government, and have had practice in organising it and presenting it informatively. This skill is important at all stages in the decision-making process.

Students should also have some knowledge of and an ability to select and apply appropriate methods that the economist might use to structure and analyse such data.

K S

K S

K S

S

K S

K S

K S

K S

K S

K S

K S

K S

Framing. Through the study of economics, a student should learn how to decide what should be taken as given or fixed for the purposes of setting up and solving a problem, ie what the important 'parameters' are in constraining the solution to the problem. Learning to think about how and why these parameters might change encourages a student to place the economic problem in its broader social and political context. This 'framing' skill is important in determining the decision-maker's ability to implement the solutions to problems

The applications of economics. Students should have the ability to apply a core of economic principles and reasoning to a variety of applied topics. They should also be aware of the economic principles that can be used to design, guide and interpret commercial, economic, social and environmental, policy. As part of this, they should have the ability to discuss and analyse government policy and to assess the performance of the UK and other economies.

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

In addition the QAA Economics gives some transferable skills that should be demonstrated and a list of the attainments the students


BA/BSc (Hons) Economics

Level 6


Gro

wth

an

d D

eve

lop

me

nt

Inte

rnat

ion

al E

con

om

ics

Inte

rnat

ion

al B

usi

nes

s an

d G

lob

al

Ch

ange

Eco

no

mic

Ap

plic

atio

ns

and

Pra

ctic

e

Eco

no

mic

s o

f th

e E

uro

pe

an a

nd

M

on

eta

ry U

nio

n

Co

nte

mp

ora

ry P

olit

ical

Eco

no

my

Envi

ron

me

nta

l Eco

no

mic

s

Eco

no

mic

s an

d

Cri

me

Eco

no

me

tric

s

Dis

sert

atio

n (

Qu

alit

ativ

e)

Dis

sert

atio

n (

Qu

anti

tati

ve)

Ad

van

ced

Eco

no

mic

Th

eo

ry

Co

rpo

rate

Fin

ance

an

d

Inve

stm

en

t

Skills Mapping (S)


K S

K S

K S

K S

K S

K S

K S

K S

K S

K

S

K

S

K

S

K

S



K S

K S

K S




K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

Quantification and design. Data, and their effective organisation, presentation and analysis, are important in economics. The typical student will have some familiarity with the principal sources of economic information and data relevant to industry, commerce, society and government, and have had practice in organising it and presenting it informatively. This skill is important at all stages in the decision-making process.


K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S



K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S



BA (Hons) Banking and Finance



Fin

anci

al A

cco

un

tin

g

Fin

anci

al d

eci

sio

n m

akin

g

Bu

sin

ess

Mat

hs

and

Eco

no

mic

s

Fin

anci

al S

ect

or

Re

spo

nsi

bili

tie

s an

d

Eth

ics

Re

tail

Ban

kin

g

Eco

no

mic

s o

f C

orp

ora

te F

inan

ce

Inve

stm

en

t P

rin

cip

les

and

Ris

k

Pe

rso

nal

Fin

anci

al

Pla

nn

ing

1

Ris

k M

anag

eme

nt

in B

anki

ng

and

Insu

ran

ce

Co

rpo

rate

Fin

anci

al M

anag

em

en

t

Pe

rso

nal

Fin

anci

al P

lan

nin

g 2

Ban

kin

g, F

inan

cial

Mar

kets

an

d

Inst

itu

tio

ns

Skills Mapping (S)


K

S

K S

K S

K

S

K

S

K S

K S

K

S

K

S

K

S

S

K

S



K

S

K S

K S

K

S

K

S

K S

K S

K

S

K

S

K

S

K

S

S



K

S

K S

S

S

K

S

S

S

K

S

K

S

K

S

K

S

K S


skills in recording and summarising transactions and other economic events; preparation of financial statements; analysis of the operations of business (for example, decision analysis, performance measurement and management control); financial analysis and projections (for example, analysis of financial ratios, discounted cash flow analysis, budgeting,

K

S

K S

S

K

S

S

K

S

K

S

S

K S

K S

K

S



financial risks)


S

S

S

S

S

K

S

S

S

S

K

S

K

S

K S



S

S

S

S

K S

S

K S

K

S

S

K S




K

K S

K

K

K

K S

K

K

K

S

K

K


A knowledge of the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems (eg concept of arbitrage and examples of its use; financial mathematics and capital budgeting criteria; informational efficiency; optimal risk sharing; portfolio theory; asset pricing models and the valuation of securities; cost of capital; derivative pricing; risk management; information asymmetry; principal agency relationships; signalling; Fisher separation and capital budgeting criteria; behavioural finance; term structure and the movement of interest rates; determination of exchange rates and financial intermediation).

S K K K K K K

K

An ability to interpret financial data including that arising in the context of the firm or household from accounting statements and data generated in financial markets. The interpretation may involve analysis using statistical and financial

K K K K K K K


functions and procedures such as are routinely available in spreadsheets (eg Microsoft Excel) and statistical packages. It may assume the skills necessary to manipulate financial data and carry out statistical and econometric tests (eg estimation and interpretation of asset pricing models; financial modelling and projections; event studies and residuals analysis; elements of time series analysis, such as serial correlation mean reversion, and stochastic volatility).


K K K K K K


K K K K K K

An understanding of the factors influencing the investment behaviour and opportunities of private individuals (bonds, equities, and derivatives; risk aversion; risk/return trade-offs; portfolio management and performance measurement; pensions and long term savings; the tax treatment of savings and investments; international diversification; forex risk; objectives of and constraints on institutional investors and advisors).

K K K K K K K K



K K K K K K K


K K K K K


BA (Hons) Banking and Finance BONY



Fin

anci

al A

cco

un

tin

g-A

PL

Fin

anci

al d

eci

sio

n m

akin

g-A

PL

Bu

sin

ess

Mat

hs

and

Eco

no

mic

s-A

PL

Fin

anci

al S

ect

or

Re

spo

nsi

bili

tie

s an

d

Eth

ics-

AP

L

Go

vern

ance

an

d R

egu

lati

on

Eco

no

mic

s o

f C

orp

ora

te F

inan

ce-A

PL

Inve

stm

en

t P

rin

cip

les

and

Ris

k

Pe

rso

nal

Fin

anci

al

Pla

nn

ing

1-A

PL

Ris

k M

anag

eme

nt

in B

anki

ng

and

Insu

ran

ce

Co

rpo

rate

Fin

anci

al M

anag

em

en

t

Wo

rk B

ased

Le

arn

ing

Pro

ject

Ban

kin

g, F

inan

cial

Mar

kets

an

d

Inst

itu

tio

ns

Skills Mapping (S)


K

S

K S

K S

K

S

K

S

K S

K S

K

S

K

S

K

S

S

K

S



K

S

K S

K S

K

S

K

S

K S

K S

K

S

K

S

K

S

K

S

S



K

S

K S

S

S

K

S

S

S

K

S

K

S

K

S

K

S

K S


skills in recording and summarising transactions and other economic events; preparation of financial statements; analysis of the operations of business (for example, decision analysis, performance measurement and management control); financial analysis and projections (for example, analysis of financial ratios, discounted cash flow analysis, budgeting, financial risks)

K

S

K S

S

K

S

S

K

S

K

S

S

K S

K S

K

S




S

S

S

S

S

K

S

S

S

S

K

S

K

S

K S



S

S

S

S

K S

S

K S

K

S

S

K S




K

K S

K

K

K

K S

K

K

K

S

K

K



S K K K K K K

K

An ability to interpret financial data including that arising in the context of the firm or household from accounting statements and data generated in financial markets. The interpretation may involve analysis using statistical and financial functions and procedures such as are routinely available in spreadsheets

K K K K K K K


(eg Microsoft Excel) and statistical packages. It may assume the skills necessary to manipulate financial data and carry out statistical and econometric tests (eg estimation and interpretation of asset pricing models; financial modelling and projections; event studies and residuals analysis; elements of time series analysis, such as serial correlation mean reversion, and stochastic volatility).


K K K K K K


K K K K K K


K K K K K K K K



K K K K K K K


K K K K K


BA (Hons) Finance

Level 4 Level 5 Level 6


Fin

anci

al A

cco

un

tin

g

Fin

anci

al d

eci

sio

n m

akin

g

Fin

anci

al S

ect

or

Re

spo

nsi

bili

tie

s an

d E

thic

s

Fou

nd

atio

ns

of

Qu

anti

tati

ve A

nal

ysis

in

Eco

no

mic

s an

d F

inan

ce

Co

rpo

rate

Fin

ance

an

d T

ax I

Fin

anci

al R

ep

ort

ing

Inve

stm

en

t P

rin

cip

les

and

Ris

k (o

pti

on

)

Pe

rso

nal

Fin

anci

al P

lan

nin

g

1 (

Op

t)

Qu

anti

tati

ve A

nal

ysis

in

Eco

no

mic

s an

d F

inan

ce (

op

t)

Inte

rnat

ion

al F

inan

cial

Man

agem

en

t

Co

rpo

rate

Fin

ance

an

d T

ax II

Pe

rso

nal

Fin

anci

al P

lan

nin

g 2

(o

pti

on

)

Ban

kin

g, F

inan

cial

Mar

kets

an

d

Inst

itu

tio

ns

(op

tio

n)

Ris

k M

anag

eme

nt

in B

anki

ng

and

In

sura

nce

(o

pti

on

)

Eco

no

me

tric

s (o

pti

on

)

Skills Mapping (S)


S

K

S

K

S

K S

K

S

K

S

K

S

S

K

S

K

S

K

S

K

S

K

S

K

S

a capacity for the critical evaluation of arguments and evidence


S S

K

S

S

K

S

S

K S

K S

K S

K S

K

S

K S

K S

an ability to analyse and draw reasoned conclusions concerning structured and, to a more limited extent, unstructured problems from a given set of data and from data which must be acquired by the student

An ability to interpret financial data including that arising in the context of the firm or household from accounting

K

S

K

S

S

K

S

S

K S

K S

K S

S

K

S

K S

K S

ability to locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of


statements and data generated in financial markets. The interpretation may involve analysis using statistical and financial functions and procedures such as are routinely available in spreadsheets (eg Microsoft Excel) and statistical packages. It may assume the skills necessary to manipulate financial data and carry out statistical and econometric tests (eg estimation and interpretation of asset pricing models; financial modelling and projections; event studies and residuals analysis; elements of time series analysis, such as serial correlation mean reversion, and stochastic volatility).

sources


S

K

S

S

K

S

S

S

K

S

K

S

S

S

K

S



S

K K S

K

K

skills in the use of communication and information technology in acquiring, analysing and communicating information (these skills include the use of spreadsheets, word processing software, standard statistical packages; electronic financial databases; the internet and email)

An understanding of the factors influencing the investment behaviour and opportunities of private individuals (bonds, equities, and derivatives; risk aversion; risk/return trade-offs; portfolio management and performance measurement; pensions and long term savings; the tax treatment of savings and

S

K

S

S

K

S

K

S

S

K

S

K S

K S

K

S

K S

S

communication skills including the ability to present quantitative and qualitative information together with analysis, argument and commentary in a form appropriate to different intended audiences


investments; international diversification; forex risk; objectives of and constraints on institutional investors and advisors).


K S

S

K

S

S

K

S

S

S

S

S

K S

K

S

K S

K S



K

S

K

S

K

S

K

S

S

K normally, experience of working in groups, and other interpersonal skills, and in presenting the results of their work orally as well as in written form.


BA (Hons) Economics and Banking

Benchmark for Economics Level 4 Level 5


Mic

roe

con

om

ics

and

Mac

roe

con

om

ics

Pri

nci

ple

s 1

Fin

anci

al A

cco

un

tin

g

Fin

anci

al d

eci

sio

n m

akin

g

Fou

nd

atio

ns

of

Qu

anti

tati

ve

An

alys

is in

Eco

no

mic

s

Mic

roe

con

om

ic M

acro

eco

no

mic

P

rin

cip

les

2

Re

tail

Ban

kin

g

Inve

stm

en

t P

rin

cip

les

and

Ris

k

Cu

rre

nt

Issu

es

in E

con

om

ics

Skills Mapping (S)


K S

K S

K

S



S

K S

K S



K

K

K

K

Quantification and design. Data, and their effective organisation, presentation and analysis, are important in economics.


S

S S

S

The typical student will have some familiarity with the principal sources of economic information and data relevant to industry, commerce, society and government, and have had practice in organising it and presenting it informatively. This skill is important at all stages in the decision-making process.


K S

S

K S

K S



K S

K S

K S

Benchmark Accounting


K S

K

S

K S

K S



K

S

K

S

K S

K S


some of the alternative technical languages and practices of accounting (for

K K K the ability to locate, extract and analyse data from multiple sources, including the


example, alternative recognition rules and valuation bases, accounting rules followed in other socio-economic domains, alternative managerial accounting approaches to control and decision-making)

S

S

S S acknowledgement and referencing of sources


K

S

K

S

K S

K S



S S S S



S S s S




K K S

K K S


A knowledge of the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems (eg concept of arbitrage and examples of its use; financial mathematics and capital budgeting criteria; informational efficiency; optimal risk

K K K


sharing; portfolio theory; asset pricing models and the valuation of securities; cost of capital; derivative pricing; risk management; information asymmetry; principal agency relationships; signalling; Fisher separation and capital budgeting criteria; behavioural finance; term structure and the movement of interest rates; determination of exchange rates and financial intermediation).


K

K


K K

An understanding of the financing arrangements and governance structures of business entities, and an appreciation of how theory and evidence can be combined to assess the effectiveness and efficiency of such arrangements (eg decisions as to sources of finance and financial structure; the pricing of corporate securities; the market for corporate control; corporate governance structures and mechanisms; financial planning and

K K


international dimensions of finance).


K K


K K


K K K



BA (Hons) Economics and Banking

Level 6


Gro

wth

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lop

me

nt

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and

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acro

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Eco

no

mic

Ap

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ns

and

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e

Eco

no

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s o

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nd

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ng

and

In

sura

nce

Ban

kin

g, F

inan

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Mar

kets

an

d

Inst

itu

tio

ns

Skills Mapping (S)


K S

K S

K S

K S



K S



K

Quantification and design. Data, and their effective organisation, presentation and analysis, are important in economics.


K S

K S

S K S

The typical student will have some familiarity with the principal sources of economic information and data relevant to industry, commerce, society and government, and have had practice in organising it and presenting it informatively. This skill is important at all stages in the decision-making process.


K S

K S

K S

K S



K S

K S

K S

K S



K S

K S



K S

S


some of the alternative technical languages and practices of accounting (for example, alternative recognition rules and

K S

K S

the ability to locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of


valuation bases, accounting rules followed in other socio-economic domains, alternative managerial accounting approaches to control and decision-making)

sources


S

K S



S

K S



K S

K S




K

K s


A knowledge of the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems (eg concept of arbitrage and examples of its use; financial mathematics and capital budgeting criteria; informational efficiency; optimal risk sharing; portfolio theory; asset pricing models and the valuation of securities; cost

K K


of capital; derivative pricing; risk management; information asymmetry; principal agency relationships; signalling; Fisher separation and capital budgeting criteria; behavioural finance; term structure and the movement of interest rates; determination of exchange rates and financial intermediation).


K K


K K


K K



K K


K K


K K



BA (Hons) Economics and Finance

Benchmark for Economics Level 4 Level 5


Mic

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con

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ics

and

Mac

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con

om

ics

Pri

nci

ple

s 1

Fin

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akin

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of

Qu

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Eco

no

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s

Mic

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Mac

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Man

agem

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tern

al S

yste

ms

Fin

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ep

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ing

Cu

rre

nt

Issu

es

in E

con

om

ics

Co

rpo

rate

Fin

ance

an

d T

ax I

Skills

Mapping (S)


K S

K S

K S



S

K S

K S



K S

K S

K S

K S

Quantification and design. Data, and their effective organisation, presentation and analysis, are important in economics. The typical student will have some


familiarity with the principal sources of economic information and data relevant to industry, commerce, society and government, and have had practice in organising it and presenting it informatively. This skill is important at all stages in the decision-making process.


K S

S

K S

K S



K S

K S

K S



K S

K

S

K S

K S

K S



K

S

K

S

K S

K S

K S



K

S

K

S

K S

K S

K S




K

S

K

S

K S

K S

K S



S S K S

K S

K S



S S K s

S

S skills in the use of communications and information technology in acquiring, analysing and communicating information (currently these skills include the use of spreadsheets, word processing software, online databases)



K K S

K K K S

K normally, an ability to work in groups, and other interpersonal skills, including oral as well as written presentation skills.

A knowledge of the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems (eg concept of arbitrage and examples of its use; financial mathematics and capital budgeting criteria; informational efficiency; optimal risk sharing; portfolio theory; asset pricing models and the valuation of securities; cost of capital; derivative pricing; risk management; information asymmetry; principal agency relationships; signalling; Fisher separation and capital budgeting criteria; behavioural finance; term structure and the movement of interest rates; determination of exchange

K K K K


rates and financial intermediation).


K K


K K K


K K K

An understanding of the factors influencing the investment behaviour and opportunities of private individuals (bonds, equities, and derivatives; risk aversion; risk/return trade-offs; portfolio management and performance

K


measurement; pensions and long term savings; the tax treatment of savings and investments; international diversification; forex risk; objectives of and constraints on institutional investors and advisors).


K


K K



TOP UP DEGREES

Benchmark for Accounting BA (Hons) Financial Studies BA (Hons) Financial Engineering

BA (Hons) Accounting


Co

rpo

rate

Re

po

rtin

g

Co

rpo

rate

Fin

anci

al M

anag

em

en

t

Fin

anci

al P

lan

nin

g fo

r In

div

idu

als

Ris

k M

anag

eme

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in B

anki

ng

and

In

sura

nce

Ban

kin

g, F

inan

cial

Mar

kets

an

d

Inst

itu

tio

ns

Co

rpo

rate

Re

po

rtin

g

Co

rpo

rate

Fin

anci

al M

anag

em

en

t

Ass

ura

nce

an

d C

orp

ora

te

Go

vern

ance

Inte

rnat

ion

al

Fin

anci

al

Man

agem

en

t C

orp

ora

te R

ep

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ing

Co

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rate

Fin

anci

al M

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t

Bu

sin

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Envi

ron

me

nt

and

O

pe

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on

s

Pe

rfo

rman

ce M

anag

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nt

in

Bu

sin

ess

Skills

Mapping (S)


K S

K

S

S

K S

K S

K S

K S

K S

K S

K S

K S

K S

K S



K S

K

S

K S

K S

K S

K S

K S

K S

K S

K S

K S

S

K S



K S

K

S

K S

K S

K S

K S

K S

S

K S

K S

K S

S

K S


skills in recording and summarising transactions and other economic events; preparation of financial statements; analysis of the operations of business (for example, decision analysis, performance measurement and management control); financial analysis and projections (for example, analysis of financial ratios, discounted cash flow analysis, budgeting,

K S

K

S

K S

S

S

K S

K S

S

S

K S

K S

S

K S



financial risks)


S

K S

K S

S

S

S

K S

K S

K S

S

K S

K S

K S



S

K S

K

S

K S

K S

S

K S

S

K S

S

K

S

S

K

S




K

K

S

K

K K

K

K S

K

K

K

K S

K

K



K K K K K K K

An ability to interpret financial data including that arising in the context of the firm or household from accounting statements and data generated in financial

K K K K K


markets. The interpretation may involve analysis using statistical and financial functions and procedures such as are routinely available in spreadsheets (eg Microsoft Excel) and statistical packages. It may assume the skills necessary to manipulate financial data and carry out statistical and econometric tests (eg estimation and interpretation of asset pricing models; financial modelling and projections; event studies and residuals analysis; elements of time series analysis, such as serial correlation mean reversion, and stochastic volatility).


K K K K K K K


K K K K K K

An understanding of the factors influencing the investment behaviour and opportunities of private individuals (bonds, equities, and derivatives; risk aversion; risk/return trade-offs; portfolio management and performance measurement; pensions and long term savings; the tax treatment of savings and investments; international diversification; forex risk;

K K K K K K K


objectives of and constraints on institutional investors and advisors).


K K K K K


K K K K K


Appendix 2 MAP II

ASSESSMENT /OUTCOMES MAP

BA Accounting and Finance Level 4 Financial Accounting

Financial decision making Business Maths and Economics Financial Sector Responsibilities

and Ethics

ICT Assignment (30%)

Examination (70%)

Coursework (50%)

Examination (50%)

Examination (50%)

Examination (50%)

MCQ (50%)

Examination 50%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Accounting and Finance Level 5 Management Accounting and

Internal Systems

Financial Reporting Corporate Finance and Tax I Law

Group Presentation (30%)

Examination (70%)


Examination (70%)

Examination (50%)

Examination (50%)

Written Coursework (30%)

Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Accounting and Finance Level 6 Corporate Reporting

Corporate Finance and Tax II Business Environment and

Operations (option) Current Issues in Management Accounting (option)

Financial Analysis case study (30%)

Examination (70%)

Examination (50%)

Examination (50%)

Group Project (30%)

Examination (70%)

Strategic Business Report (30%)

Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Accounting and Finance Level 6 International Financial Management (option)

Banking, Financial Markets and Institutions (option)

Assurance and Corporate Governance (option)

Global Financial Analysis Report (30%)

Examination (70%)

Contemporary Application and Evaluation of Theory Report (30%)

Examination (70%)

Topical Research Report (30%)

Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA/BSc Economics Level 4 Introduction to Microeconomics

Introduction to Macroeconomics Foundations of Quantitative

Analysis in Economics and Finance Business and Financial Environment

Portfolio (50%)

Examination (50%)

Portfolio (50%)

Examination (50%)

Examination (50%)

Examination (50%)

Group Assessment (50%)

Examination (50%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA/BSc Economics Level 5 Intermediate Microeconomics

Intermediate Macroeconomics Quantitative Analysis in

Economics and Finance Economics of Money and Banking

Essay 50%

Examination 50%

In-class test 40%

Examination 60%

Project 50%

Examination 50%

Presentation 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA/BSc Economics

Level 5 Firm’s Behaviour, Markets and Environments

Schools of Economics Economics of Corporate Finance Current Issues in Economics

Report 40%

Examination 60%

Group Project Work 50%

Examination 50%

Portfolio 50%

Examination 50%

Essay 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA/BSc Economics

Level 6 International Business and Global Change

Economics of Growth and Development

Advanced Economic Theory International Economics

Report 40%

Examination 60%

Essay under test conditions 25%

Examination 75%

Portfolio 40%

Examination 60%

Portfolio 40%

Examination 60%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA/BSc Economics Level 6 Economic Applications and

Practice The Economics of the European Monetary Union

Environmental Economics Econometrics: Analysis and Forecasting


Examination 60%

Portfolio 100%

Project 60%

Examination 40%

Project 40%

Examination 60%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA/BSc Economics Level 6

Dissertation (Qualitative) Dissertation (Quantitative) Corporate Finance and Investment

Contemporary Political Economy

Economics and Crime

Research Proposal 15%

Thesis 85%

Research Proposal 15%

Thesis 85%

Essay 40%

Examination 60%


Examination 50%

Essay 50%

Essay 50%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5



Level 4 Financial Accounting

Financial decision making Business Maths and Economics Financial Sector Responsibilities and Ethics

ICT Assignment 30%

Examination 70%

Coursework 50%

Examination 50%

Examination 50%

Examination 50%

MCQ 50%

Examination 50%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Banking and Finance Level 5 Retail Banking Economics of Corporate

Finance Investment Principles and Risk

Personal Financial Planning

Review 40%

Examination60%

Portfolio 50%

Examination 50%

Group assignment / Presentation 40%

Examination 60%

MCQ 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5



Level 6 Risk Management in Banking and Insurance

Corporate Financial management Integrated Financial Planning Banking, Financial Markets and Institutions

Analysis of a contemporary issue 30%

Examination 70%

Report on financial valuations 30%

Examination 70%

Group work on a current issue 40%

Examination 60%

Contemporary Application and Evaluation of Theory 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Banking and Finance part time (BONY)

Level 4 Financial Accounting

Financial decision making Business Maths and Economics Financial Sector Responsibilities and Ethics

APL APL APL APL APL APL APL APL

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Banking and Finance BONY Level 5 Governance and Regulation Economics of Corporate

Finance Investment Principles and Risk

Personal Financial Planning

Review 40%

Examination60%

APL APL Group assignment / Presentation 40%

Examination 60%

APL APL

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Banking and Finance BONY Level 6 Risk Management in Banking and

Insurance

Corporate Financial management Work Based Learning Project Banking, Financial Markets and Institutions


Examination 70%

Report on financial valuations 30%

Examination 70%

Coursework -Presentation 40%

Coursework Report 60%


Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Finance Level 4 Financial Accounting

Financial decision making Financial Sector Responsibilities

and Ethics Foundations of Quantitative Analysis in Economics and Finance

ICT Assignment 30%

Examination 70%

Coursework 50%

Examination 50%

MCQ 50%

Examination 50%

Examination 50%

Examination 50%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Finance Level 5 Corporate Finance and Tax I Financial Reporting Investment Principles and

Risk Personal Financial Planning Quantitative Analysis in

Economics and Finance

Examination (50%)

Examination (50%)

Group work (30%)

Examination (70%)

Group work (40%)

Examination (60%)

MCQ (30%) Examination (70%)

Written Assignment (30%)

Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Finance Level 6 International Financial

Management

Corporate Finance and Tax II Integrated Financial Planning (option)

Banking, Financial Markets and Institutions (option)

Global Financial Analysis 30%

Examination 70%

Integrated Case Study 30%

Examination 70%

Group work analysing current issues 40%

Examination 60%

Application and Evaluation of Theory 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Finance

Level 6 Risk Management in Banking and Insurance (option)

Econometrics: Analysis and Forecasting (option)

Group Assignment on a contemporary issue 30%

Examination 70%

Project 40%

Examination 60%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Banking Level 4 Microeconomics and

Macroeconomics Principles 1 Foundations of Quantitative Analysis in Economics and Finance

Financial Accounting

Financial decision making

Group Presentation 40%

Examination 60%

Examination 50%

Examination 50%

ICT Assignment 30%

Examination 70%

Coursework 50%

Examination 50%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Banking Level 5 Microeconomics and

Macroeconomics Principles 2 Current Issues in Economics Retail Banking Investment Principles and Risk

Group Assessment 40%

Examination 60%

Essay 30%

Examination 70%

Group assignment / Presentation 40%

Examination 60%

Presentation 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Banking

Level 6 Microeconomics and Macroeconomics Principles 3

Risk Management in Banking and Insurance

Banking, Financial Markets and Institutions

Economics of the European Monetary Union

Essay 40%

Examination 60%


Examination 70%


Examination 70%

Portfolio 100%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Banking

Level 6 Economic Applications and Practice



Examination 60%


Examination 75%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Finance Level 4 Microeconomics and

Macroeconomics Principles 1 Foundations of Quantitative Analysis in Economics and Finance

Financial Accounting

Financial decision making

Group Presentation 40%

Examination 60%

Examination 50%

Examination 50%

ICT Assignment 30%

Examination 70%

Coursework 50%

Examination 50%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5



Macroeconomics Principles 2 Current Issues in Economics Management Accounting and

Internal Systems

Financial Reporting

Group Assessment (40%)

Examination (60%)

Essay (30%)

Examination (70%)


Examination (70%)


Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Finance Level 5 Corporate Finance and Tax I

Examination (50%)

Examination (50%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5



Macroeconomics Principles 3 The Economics of the European Monetary Union

Economic Applications and Practice

Essay 40%

Examination 60%


Examination 60%


Examination 75%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Finance

Level 6 International Business and Global Change

International Economics Business Environment and Operations (option)

Current Issues in Management Accounting (option)

Report 40%

Examination 60%

Report 40%

Essay 40%

Group Project 30%

Examination 70%

Strategic Business Report 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA Economics and Finance Level 6 Corporate Finance and Tax II Corporate Reporting


Examination 50%

Examination 50%


Examination 75%

Financial Analysis case study 30%

Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Financial Studies Level 6 Corporate Reporting

Corporate Financial management Financial Planning for Individuals Risk Management in Banking and

Insurance

Financial Analysis case study 30%

Examination 70%

Group work covering financial valuations 30%

Examination 70%

Article 30%

Examination 70%


Examination 70%

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Financial Studies Level 6 Banking, Financial Markets and Institutions

(option)

Contemporary Application and Evaluation of Theory (30%)

Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Financial Engineering

Level 6 Corporate Reporting

Corporate Financial Management

International Financial Management

Assurance and Corporate Governance


Examination (70%)

Group work covering financial valuations (30%)

Examination (70%)

Global Financial Analysis (30%)

Examination (70%)

Topical Research Report (30%)

Examination (70%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


BA (Hons) Accounting Level 6 Corporate Reporting

Corporate Financial Management

Business Environment and Operations

Performance Management for Business


Examination (70%)

Group work covering financial valuations (30%)

Examination (70%)

Group Project (30%)

Examination (70%)

Article (40%)

Examination (60%)

GO 1

GO 2

GO 3

GO 4

GO 5

GO 6

GO 7

PLO 1

PLO 2

PLO 3

PLO 4

PLO 5


MAP 3

Programme Mapping for Assurance of Learning at Undergraduate Level

Programme: BA (Hons) Economics (2014/15)

Core Unit Identified

Programme Learning Outcome Level 4 (Introducing)

Level 5 (Developing)

Level 6 (Assessing)

PLO 1: Our graduates will apply critical thinking to practical and theoretical problems Performance Indicator 1.1 Identify and apply information critically in relation to context

Introduction to Microeconomics Introduction to Macroeconomics

Current Issues in Economics

Advanced Economic Theory – Economics pathway Economic Applications and Practice – Policy and Political Economy pathway International Economics – Business Pathway

PLO 2: Our graduates will be effective communicators using a range of media Performance Indicator 2.1

Demonstrate communication skills at the appropriate level

Business and Financial Environment


Advanced Economic Theory – Economics pathway Economic Applications and Practice – Policy and Political Economy pathway International


Economics – Business Pathway

PLO 3: Our graduates will demonstrate ethical and sustainable awareness

Performance Indicator 3.1

Identify ethical and sustainability challenges in the business situation Business and Financial Environment


Economics of Growth and Development - Economics pathway Economic Applications and Practice – Policy and Political Economy pathway International Economics – Business Pathway

Performance Indicator 3.2 Propose justifiable solutions to ethical and sustainability issues




PLO 4 Our graduates will demonstrate professional and commercial awareness



Demonstrate critical professional and commercial awareness in your discipline



Economics of Growth and Development - Economics pathway Economic Applications and Practice – Policy and Political Economy pathway International Business and Global Change – Business Pathway


Demonstrate global awareness of business practice




PLO 5: Our graduates will develop subject specific knowledge and skills in their programme discipline

Performance Indicator 5.1 Explain the theory and practice of Economics


Intermediate Macroeconomics Intermediate Microeconomics

Advanced Economic Theory – Economics pathway


Economic Applications and Practice – Policy and Political Economy pathway International Economics – Business Pathway

Performance Indicator 5.2 Critique the theory and practice of Economics



Advanced Economic Theory – Economics pathway Economic Applications and Practice – Policy and Political Economy pathway International Economics – Business Pathway


Programme: BSc (Hons) Economics (2014/15)




Level 6 (Assessing)

PLO 1: Our graduates will apply critical thinking to practical and theoretical problems Performance Indicator 1.1

Identify and apply information critically in relation to context



Econometrics

PLO 2: Our graduates will be effective communicators using a range of media Performance Indicator 2.1 Demonstrate communication skills at the appropriate level



Econometrics


Performance Indicator 3.1 Identify ethical and sustainability challenges in the business situation



Advanced Economic Theory






Performance Indicator 4.1 Demonstrate critical professional and commercial awareness in your discipline





Performance Indicator 4.2 Demonstrate global awareness of business practice





Performance Indicator 5.1 Explain the theory and practice of Economics



Econometrics

Performance Indicator 5.2 Critique the theory and practice of Economics



Econometrics


Programme: BA (Hons) Economics and Banking (2014/15)




Level 6 (Assessing)

PLO 1: Our graduates will apply critical thinking to practical and theoretical problems Performance Indicator 1.1

Identify and apply information critically in relation to context

Microeconomics and Macroeconomics Principles 1













Propose justifiable solutions to ethical and sustainability issues






Financial Decision Making

Microeconomics and

Risk


Macroeconomics Principles 2

Management in Banking and Insurance






Performance Indicator 5.1 Explain the theory and practice of Economics and Banking




Performance Indicator 5.2 Critique the theory and practice of Economics and Banking





Programme: BA (Hons) Joint Honours Economics and Finance (2014/15)




Level 6 (Assessing)





PLO 2: Our graduates will be effective communicators using a range of media

Performance Indicator 2.1 Demonstrate communication skills at the appropriate level




















Demonstrate global awareness of business practice





Performance Indicator 5.1 Explain the theory and practice of Economics and Finance




Performance Indicator 5.2 Critique the theory and practice of Economics and Finance





Programme: BA (Hons) Banking and Finance (2014/15)




Level 6 (Assessing)

PLO 1: Our graduates will apply critical thinking to practical and theoretical problems

Performance Indicator 1.1 Identify and apply information critically in relation to context


Investment Principles and Risk








Financial Sector Responsibility and Ethics

Retail Banking Risk Management in Banking and Insurance



Retail Banking Risk Management in Banking and Insurance

PLO 4Our graduates will demonstrate professional and commercial awareness











Performance Indicator 5.1 Explain the theory and practice of Financial Services, Planning and Management




Performance Indicator 5.2 Critique the theory and practice of Financial Services, Planning and Management




Programme: BA (Hons) Finance (2014/2015)




Level 6 (Assessing)




Financial Reporting




Financial Reporting




Identify ethical and sustainability challenges in the business situation Financial Sector Responsibility and Ethics

Financial Reporting




Financial Reporting


PLO 4Our graduates will demonstrate professional and commercial awareness



Financial Reporting




Financial Reporting


PLO 5: Our graduates will develop subject specific knowledge and skills in their


programme discipline

Performance Indicator 5.1 Explain the theory and practice of Finance


Corporate Finance and Tax 1


Performance Indicator 5.2 Critique the theory and practice of Finance




Programme: BA (Hons) Accounting and Finance (2014/2015)




Level 6 (Assessing)



Financial Reporting

Corporate Reporting




Financial Reporting

Corporate Reporting



Identify ethical and sustainability challenges in the business situation Financial Sector Responsibility and Ethics

Financial Reporting

Corporate Reporting



Financial Reporting

Corporate Reporting





Financial Reporting

Corporate Reporting



Financial Reporting

Corporate Reporting







Corporate Reporting




Corporate Reporting

Programme: BA (Hons) (Top up degree) Financial Studies (2014/2015)




Level 6 (Assessing)


Not Applicable Not Applicable Corporate Reporting








Propose justifiable solutions to ethical and sustainability issues














Programme: BA (Hons) (Top up degree) Financial Engineering (2014/2015)




Level 6 (Assessing)








Identify ethical and sustainability challenges in the business situation Not Applicable Not Applicable Corporate

Reporting














Programme: BA (Hons) (Top up degree) Accounting (2014/2015)




Level 6 (Assessing)



PLO 2: Our graduates will be effective communicators using a range of media

Performance Indicator 2.1 Demonstrate communication skills at the appropriate level








Performance Indicator 4.1 Not Applicable Not Applicable Corporate



Reporting








_______________________________________________________________________________________________________________________ CASQE Page 131 of 141 Programme Specification

SECTION G – POINTS OF REFERENCE Internal

University Policy documents:

University Mission and Strategic Aims Programme Approval, Review and Modification Procedures outlined on the Centre for

Academic Standards & Quality Enhancement website

Relevant University Assessment Regulations for Programmes of Study - Undergraduate

University Curriculum Framework (Undergraduate)

MMU Strategy for Learning, Teaching and Assessment

Institutional Code of Practice for the Assessment of Students

University Standards Descriptors

University's Equality and Diversity Policy

University Academic Ethics Framework

Student Engagement Policy

Programme Handbooks

Management of Programme Delivery

Policy for Accreditation of Prior Learning

ICP for Placement and Work-based Learning

Recruitment and Admissions Policy

Programme Specific Information:

Previous Programme Approval/Review/Modification Report (20 January 2014)

Staff Research

Departmental Professional/Industrial Advisory Committees

Staff/Student Liaison Committees

External

QAA Subject Benchmark statement

QAA Framework for HE Qualifications

QAA Quality Code

PSRB visit reports

PSRB requirements

External Examiner reports

http://www.mmu.ac.uk/about/corporate-strategy/

http://www.mmu.ac.uk/academic/casqe/event/

http://www.mmu.ac.uk/academic/casqe/event/

http://www.mmu.ac.uk/academic/casqe/regulations/assessment.php

http://www.mmu.ac.uk/academic/casqe/regulations/curriculum-frameworks.php



http://www.mmu.ac.uk/academic/casqe/regulations/docs/assessment_procedures.pdf

http://www2.mmu.ac.uk/humanresources/a-z/policies/equality-and-diversity-policy/

http://www2.mmu.ac.uk/rke/ethics-forms/

http://www.mmu.ac.uk/academic/casqe/regulations/docs/student_engagement_policy.pdf

http://www.mmu.ac.uk/academic/casqe/regulations/docs/prog_handbooks.pdf


http://www.mmu.ac.uk/academic/casqe/regulations/docs/APL_policy.pdf


http://www.mmu.ac.uk/academic/casqe/regulations/docs/admissions_policy.pdf


SECTION H

Approved Modifications to Programme Specification since Approval/Last Review The following log provides a cumulative of minor and major modifications made to the Programme Specification since its approval/last review

FAQSC Reference (or PARM ref for Major Modifications requiring strategic approval)

Programme Specification Title (specify award titles/routes affected by change)

Brief Outline of Minor Modification/ Major Modification (Minor - include level & title of units & a brief description of modification) (Major - include details of change such as new routes, pathways etc)

Date of FAQSC Approval (or PARM event)

Approval effective from:

Details of cohort of students who will be affected by the modification (eg students entering Level 5 wef September 2014 onward)

9.4_120514 Business School and Law Undergraduate Programmes

Minor Modification - 15 credit units set up for Erasmus Students

12/05/2014 September 2014 Erasmus Students entering Level 5 and 6 wef September 2014

13.3_121114


Minor Modification -

Financial Decision Making 5R4Z0008, changes to Method of Assessment and description of Assessment 1

12/11/2014 September 2014 Students entering Level 4 wef September 2014

14.3_250315


Economics of Growth & Development (5R6Z0027) - Change of the examination questions now 3 questions from 10

25/03/2015

September 2016

Students entering Level 6 wef September 2016

14.9_230415 Business School and Law Undergraduate Programmes

Reporting only: New 15 credit units set up for Inbound Mobility Students

20/05/2015 September 2015 Students entering Level 5 and Level 6

15.3_010715

Accounting, Finance and Change to indicative content 01/07/2015

September 2015

Reporting Only








Economics Undergraduate Programmes

to: Issues in Economics (Inbound Student Mobility) 5R5Z0088

15.4_010715


Change of wording and weighting for in-class test to: Intermediate macroeconomics 5R5Z0011

01/07/2015

September 2015

Students entering Level 5

15.5_010715


Replacement of two exams with 50% portfolio and 50% exam to: Foundations of Quantitative Analysis in Economics and Finance: 5R4Z0004

01/07/2015

September 2015


15.8_150715


Typo error in the LOs of Assurance and Corporate Governance 5R6Z0040

15/07/2015

September 2015

Reporting Only

15.9_080715


Change first assessment from report to presentation: Management Accounting and Internal Systems 5R5Z0018. Change first assessment from presentation to report: Financial Reporting 5R5Z0019

08/07/2015

September 2015


16.6_300715 Accounting, Finance and Tailored 15 credit unit – 30/07/2015 September 2015 Students entering Level 5








Economics Undergraduate Programmes

Accounting (ISM) 5R5Z0085 for incoming exchange students studying at MMU for less than a year. Brief Summary and Learning Outcomes were amended to be more appropriate and to reflect the level of work within the teaching term.

16.8_220715 Business School UG Programmes, Accounting, Finance and Economics UG Programmes

Articulation route to level 6 BA (Hons) Financial Studies (top-up) for incoming exchange students from a partner university - Europa-Universitat Viadrina, Germany.

22/07/2015 September 2015 Students entering Level 6

17.1_150715 Accounting, Finance and Economics Undergraduate Programmes and LLB

To add further Level 5 and 6 15 credit units for Inbound Student Mobility

15/07/2015 September 2015 Students entering Level 5 and 6

FAQSC/15-16/39 AFE Undergraduate Programmes, Management Undergraduate Programmes

Allow Combined Honours students to study 5R6Z0030 Contemporary Political Economy. Remove the requirement to have taken 5R5Z0014 Schools of Economics to progress to this unit.

30/11/2015

Sep-16 Students entering Level 6








FASQC/15-16/68

AFE Undergraduate Programmes

Advanced Economic Theory – 5R6Z0026. Change portfolio weighting from 30% to 40% (Element 1). Change of coursework/exam weighting from 30/70 to 40/60

05/02/2016

Sep-16


FASQC/15-16/69

AFE Undergraduate Programmes, Management Undergraduate Programmes

Current Issues in Economics – 5R5Z0017. Change type of exam questions- from multiple choice to essay type (Element 1)

05/02/2016

Sep-16


FASQC/15-16/77

AFE Undergraduate Programmes

Dissertation – 5R6Z0034. Change from 100% course work to 15% coursework (Research Proposal) and 85% coursework (Dissertation). Change of word limit of dissertation from 12,000 to 10,000 words.

08/02/2016

Sep-16


FAQSC/15-16/87 AFE UG Programmes BA (Hons) Banking and Finance (Bank of New York) to replace Retail Banking 5R5Z0024 with a new unit - Governance and Regulation 5R5Z0174. And replace

10/03/2016 Sep-16 Students entering Level 5 and Level 6








Integrated Financial Planning 5R6Z0045 with an existing unit – Work based Learning Project 5U6Z0042

FAQSC/15-16-88 AFE UG Programmes Change to assessment weightings to Level 4 units – Financial Decision Making (5R4Z0008) and Financial Sector Responsibilities & Ethics (5R5Z0007). Change of title of level 6 units – Strategic Management Accounting (5R6Z0041) to Current Issues in Management Accounting (5R6Z0041) and The Accountant in Management (5R6Z0043) to Business Environment and Operations (5R6Z0043)

10/03/16 Sept 16 Students entering Level 4 and Level 6

FAQSC_15-16_115


Financial Accounting 5R4Z0005 - Removal of Learning Outcome 5, Change of Assessment method Business Environment and Operations 5R6Z0043, Change of Assessment

22/06/2016

September 2016

Students entering Level 4 and Level 6 wef September 2016








method

FAQSC_15-16_89

AFE Undergraduate Programmes Management Undergraduate Programmes MODB Undergraduate Programmes LLB (Hons)

To create a unit and MMU assessment for Overseas exchange year 5R5Z0001 - AFE (Worldwide) 5R5Z0002 - AFE (Erasmus) 5T5Z0001 - Management (Worldwide) 5T5Z0002 - Management (Erasmus) 5U5Z0001 – MODB (Worldwide) 5U5Z0002 – MODB (Erasmus) 455Z0128 – Law (Worldwide) 455Z0129 – Law (Erasmus) Placement Year 5R5Z0177 – AFE 5T5Z0122 – Management 5T5Z8043 – Vedatya (Management) 5U5Z0098 – MODB

29/02/2016

September 2016

Level 5 students entering overseas study year or placement year wef September 2016








PARM-16-102

AFE UG Programmes Management UG Programmes MODB UG Programmes

AFE - Adjustment to the curriculum structure to ensure sufficient distinctiveness between interim and final award titles. Amend provision to:

award students on the Banking and Finance route a Cert HE Accounting and Finance as a level 4 Interim Exit Award

remove the Cert HE Banking and Finance Interim Exit Award from the programme specification

award students on the Economics and Banking route a Cert HE Economics and Finance as a level 4 Interim Exit Award

remove the Cert HE Economics and Banking Interim Exit Award from the programme specification.

BA (Hons) Economics/BSc (Hons) Economics all

07/09/2016 September 2016 Students entering level 4 and level 6








routes– amend provision to:

retitle the current optional Dissertation unit (5R6Z0034) to ‘Dissertation (Qualitative)’ for BA (H) Economics. New unit Dissertation (Qualitative) 5R6Z0178

introduce a new core ‘Dissertation (Quantitative)’ unit to replace the current optional Dissertation unit on the BSc (H) Economics New unit Dissertation (Quantitative) 5R6Z0179.

clarify that students on the

BSc (H) Economics can only

chose one option unit at

Level 6.

FAQSC_15-16_136 AFE UG Programmes Corporate Finance and Tax 2 22/09/2016 With immediate Reporting only








(5R6Z0039). Minor revision to Indicative content, 4th line.

effect

FAQSC-16-17-170 AFE UG Programmes BA (Hons) Accounting and Finance

Accreditation by ICAS. BA (Hons) Accounting and Finance approved to provide exemptions from professional examinations.

13/03/2017 With immediate effect

Reporting only.

Accounting, Finance and Economics Undergraduate …...Joint Honours BA (Hons) Economics and Finance...

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