Banking and Finance BSc (Hons)

Full-time undergraduate (3 years, 4 years with foundation year, 4 years with placement)

Chelmsford

September

This course is available as a 3 year degree, a 4 year degree with placement, or a 4 year extended degree.


If you choose the 4 year extended degree, the first year of your study will be delivered by our partner, Cambridge Ruskin International College (CRIC) on our Cambridge campus. In years 2 to 4 you'll study with us in Chelmsford.

Overview

You're ambitious. You understand the kind of skills you need to get ahead in the banking, financial and commercial sector – and our full-time Banking and Finance course is packed with relevant, up-to-date knowledge. Get essential insights in lectures and practical experience with our Bloomberg Financial Markets Lab in Chelmsford. Take a placement year in industry, and find the right career path for you. Your future is in your hands.

Full description

Careers

There are exciting career opportunities across a range of banking and finance disciplines, in both the private and public sectors.

You may find yourself working in a global corporation, a small to medium enterprise (SME) or even for yourself – and it’s not unusual for company CEOs to come from a finance background.

You may wish to move into a role in the financial markets, in areas such as FX management, derivative markets or equity fund management. Or you could opt to gain experience in the banking sector in areas such as credit risk management, or mergers and acquisitions.

We work with employers to make sure you graduate with the knowledge, skills and abilities they need. They help us review what we teach and how we teach it – and they offer hands-on, practical opportunities to learn through work-based projects, internships or placements.

We have strong, established, links with a number of professional bodies across the banking and finance sectors, and you’ll come into regular contact with guest speakers from industry, commerce and the City.

Through our Business School Intern programme, around 35 students each year get a business mentor, work experience, exclusive training and development, and a reference from our Dean.

Modules & assessment

Level 4 modules

  • Introduction to Business - Financial Analysis and Management
    Finance and business information is the lifeblood of any organisations operations and decisions. You’ll work with data and case studies from organisations, meet with businesses to understand the practical use this key information is put to and present your decisions on a going concern or start-up. As you present your analysis of key information and conclusions to other stakeholders, you'll develop your persuasion and negotiation skills.
  • Global Business Environment and International Strategy
    You'll explore the factors that affect business, from a mostly external perspective, including elements of globalisation and international business and the fundamental skills needed in the world of business. Political, Economics, Social, Legal, Ecological and Technological factors will be examined in the macro business environment and how these interact in a competitive environment with globalisation, technological and social change to create complex strategic options for organisations. You will also explore in some detail the concept of sustainability and introductory economics.
  • Working Cross Functionally - Human Resources and Marketing
    HR and Marketing are 2 key functional areas in an organisation that can work together to effectively solve business critical issues relating to organisational behaviour. You’ll develop the ability to analyse the human side of management and diagnose problems affecting performance, effectiveness, reputation and customer satisfaction. We'll provide a foundation of core theories and models for organisational behaviour and marketing management and the challenges that could be solved by successful cross-functional collaboration. These collaborations might include employer branding strategies, internal marketing, organisational change programmes and culture audits. By exploring the market position of example organisations, their internal and external communications to employees, customers and other stakeholders you'll develop collaborative cross-functional solutions to real-life problems. You'll be supporting your employability skills, such as critical analysis, organisational culture and visual identity, by outlining the types of work undertaken to support strategic organisational issues or problems.
  • The Entrepreneurial Journey
    Entrepreneurs are people who identify and exploit opportunities for new products, marketing or processes to generate economic and social value. Entrepreneurship is not just about new venture creation, it involves using creative or innovative ideas to recognise and develop solutions. You’ll work as part of a team over 3 rounds of activity (such as gamification, experiential learning and simulation) to focus on the identification of an opportunity, the creation of a product or service and pitching a concept to work as part of the team to develop your skills and collaborate with organisations and guest speakers.
  • Business Law
    As an introduction to a broad range of civil legal issues, you'll get an insight and appreciation of the various ways in which the law impacts on the domestic and international business environment. The module provides a foundation across a broad range of legal issues, focusing on the nature and sources of business law, on contract law with regard to both goods and services and on the law of tort, in particular, negligence and vicarious liability and how these permeate into everyday life. There’ll also be a brief focus on the type of corporate structures and employment relationships that exist in the UK.

Level 5 modules

  • Financial Management
    Financial management is the assessment of the investment and financing decisions of firms and you’ll gain knowledge of the theoretical foundations underlying much of financial management practice and learn how those theories should be applied in practice. You’ll learn how to apply problem solving and analytical skills to complex and current issues in corporate finance.
  • Introduction to Financial Reporting
    You'll explore basic accounting concepts to develop the knowledge and skills required to understand and apply International Accounting Standards in the preparation of financial statements for entities. You’ll consider the conceptual frameworks for financial reporting, the required accounting treatment for key items appearing in financial statements, the preparation of cash flow statements and the analysis and interpretation of financial statements.
  • Quantitative Methods for Banking and Finance
    This module provides you with rigorous grounding of the essential econometrical skills that are required to solve 21st century banking, finance, economics and business analytics problems. You’ll be exposed to the fundamental econometric theories, tools and/or concepts in the context of linear regression setting. To this end, part of the learning process will make use of the Bloomberg terminal and the SPSS software package in parallel with the learning experience to help alleviate, articulate and eliminate theoretical and empirical problem areas.
  • Banking and Financial Institutions
    You'll be encouraged to recognise the importance and special role of 'money' in an advanced industrial society. You'll gain a thorough understanding of monetary theories and of the monetary policies that Governments enact based on these theories, with special emphasis given to the role of the single currency and how the current situation was arrived at. We'll investigate our understanding of money and alternatives to traditional money supplies before looking at how monetary policy works and the links between this policy and the macro-economy as well as the financial markets. Following the most recent financial crisis the role of intermediation in monetary policy is also explored. The theories behind monetary policy, from Keynes to those contemporary alternatives, and their practical application will also be investigated alongside the role of the central bank in the setting and managing of monetary policy will also be reviewed. Finally, you'll consider the implementation of the single currencies, its aims and impact, as well as the issues surrounding such a monetary union.

Placement year (Optional)

  • Work Placement - Accounting Finance and Operations Management
    This is a pass/fail optional module. In a competitive job market, understanding how the professional work place functions, along with well-developed employability skills, are key to a graduate securing employment. The work placement gives you the opportunity to put into practice what would have been learned in the first two years and to enter their final year with the insights of their practical experience in the field. During this module you will undertake a work-based learning internship with a company or organisation where they will be supported in developing effective professional practices through guidance in generic and specific employability skills and through developing independent reflective learning practices to enhance your continuing professional development in the context of your own working environment. The module aims to provide you with experience of work in a business environment including familiarisation with a professional work environment. The module will be underpinned by employability skills training, reflective assessment and support from academic tutors. You will expected to be able to reflect on your experience in writing and orally, and demonstrate how you have applied theory, and learnings to date within a work-based environment. The assessment aims to support and develop your ability to demonstrate your professionalism, leadership and managerial skills to a prospective employer whilst also learning key communication and personal skills. - You must secure a placement, or placements (maximum 3) amounting to 9 months duration with minimum term of 3 months per placement. - Placement can start at any point from 1 June and must have started by 1 October.

Level 6 modules

  • Advanced Corporate Finance
    You'll gain a rigorous grounding in the theory and practice of corporate finance at an advanced level with an emphasis on the applications of the principles and a thorough synthesis of the most important current research. Both normative and positive aspects of the theory are examined, together with supporting descriptive and empirical evidence from various implications in practice. You'll focus on key aspects of the financial operations related to maximising the valuation of a corporation in an international financial environment. Principles that corporations use in their investment and financing decision-making are reviewed and evaluated using practical examples. You'll be introduced to the wider corporate financial operations, including hedging and financial derivatives, including financial leverage and capital structure, portfolio and evaluation models, mergers and acquisitions, business valuations, foreign exchange market, forward and money market hedging, financial futures and options, interest rate swaps. This module is part of a broader programme offering support for you to study for the Association of Chartered Certified Accountants (ACCA), the Chartered Financial Analyst (CFA) and the Chartered Institute of Bankers (CBI). You'll develop the knowledge and skills required in finance, business analysis and banking related professions or to start your own business through practical tasks involving developing financial strategies, conducting a financial analysis and managing foreign currency risks, among others using professional database such as Bloomberg and Osiris, etc. You'll also develop your professional identity by engaging in tasks that enhance your career development and employability.
  • International Financial Reporting
    Corporations can operate in exceedingly complex international markets and so clear financial reporting requires the ability to interpret complex transactions by applying accounting principles and regulations. You’ll develop the ability to exercise judgement in a corporate reporting environment and develop the skills and knowledge to understand and apply International Financial Reporting Standards (IFS) in the preparation of financial statements. You’ll explore relevant accounting regulations and the skills to utilise sound judgement in the application of these regulations to specific situations and to be able to clearly communicate the conclusions of your analysis. The required accounting treatment for key items appearing in financial statements will follow and the analysis and interpretation of financial statements concludes the module. Key financial reporting standards, their application and theoretical background will be explained in lecture sessions and you'll work on practical examples and case studies for discussion and clarification in seminars.
  • Financial Investment Analysis
    Financial Investment Analysis provides you with a powerful tool to understand the financial investment world. You'll be equipped with the prerequisite background to comprehend investments by looking into the fundamentals and capture the salient features of financial data. When finished, you should be able to demonstrate knowledge of finance and various financial investment and analysis techniques along with an appreciation of the difficulties and complexities of the financial world whilst concurrently applying the tools and techniques to the art of value investing. It is expected that you should be able to pick up periodicals such as Financial Times or the Wall Street Journal and be able to understand the current events reported.
  • Undergraduate Major Project
    Undertaking a Major Project allows you to engage in a substantial piece of individual research, and/or product development work, on a selected topic within the broad business and management field, relating to your particular interests and background, although closely linked to our wide range of staff interests and research. You will have many group sessions to support your project, plus the supervision by an academic member of staff. The project also encourages students to share ideas and approaches. The chosen topic will be in your course subject area and require you to identify/formulate problems and issues based on a range of topics provided by conducting a literature review and evaluating information. You will investigate and adopt a suitable desk based methodology and determine solutions, perhaps developing hardware, software and/or media artefacts as appropriate. You will critically appraise and present your findings, reflecting upon the limitations of your research and the research process.

Assessment

We'll assess your work in a number of ways including exams, coursework, essays and activity-based assignments. Your coursework could include problem-solving activities, consultancy projects, presentations, a computer-based exam, a portfolio based on Bloomberg trading simulation and group or individual reports. You'll also be able to access support materials through our learning management system (Canvas).

This combination of assessments has been carefully designed with your career progression in mind; it gives you opportunities to develop and improve on the transferable skills employers look for.


This is a 3 year programme (or 4 years with placement)

Alongside your core modules you will pick a number of optional modules. Please note that modules are subject to change and availability.

Where you'll study

Your faculty

You have a highly active mind and see opportunity everywhere. Now you need theory and life-changing skills to sharpen your approach to management. At the Faculty of Business & Law, you will immerse yourself in a multicultural environment where technology blends with teaching to create a dynamic and innovative learning environment. An environment to help you gain those skills.

Where can I study?

Chelmsford
Tindal Building on our Chelmsford campus

Our striking, modern campus sits by the riverside in Chelmsford's University and Innovation Quarter.

Explore our Chelmsford campus

Additional study information

You’ll study in our Centre of Excellence in Accounting and Finance, supported by academic researchers, professionals and our Bloomberg Financial Markets Lab – a bespoke financial trading platform providing live financial information about companies trading on global stock exchanges. The Lab is integrated into the curriculum to enhance your learning, professional development and employability as well as encourage your interest in the financial markets. It also gives staff and students to opportunity to collaborate. There’s also a Bloomberg app, so you can access the Lab while you’re on the move.

We want to make sure that you’re fully prepared for an increasingly competitive job market, so we offer a four-year degree option which includes a work placement in the third year. It’s an opportunity to apply and enhance your skills while developing new ones. You’ll also build valuable professional networks.

It could be that you have one placement during Year 3, or you could have two or three, giving you the chance to experience different organisations and working practices. Many of our students find that their placement company hires them when they graduate. We have a specialist team to help you find a placement and support you during this year. You might work in the UK or go abroad: our students have worked at leading organisations such as PricewaterhouseCoopers (PWC), Bosch, BMW, Airbus, BskyB and KPMG. This period of work experience can help set your final-year studies in context and may well help with your dissertation topic. All in all, it’s a fantastic way to stay ahead of the competition!

Studying abroad

You could broaden your horizons by spending time living and studying abroad. This could be a short study visit or a semester spent in Europe, Canada, the USA or Malaysia. It will look great on your CV and help you take advantages of opportunities in the international job market.

Fees & funding

Course fees

UK & EU students starting 2020/21 (per year)

£9,250

International students starting 2020/21 (per year)

£13,500

Placement year (UK, EU, international students)

£1,250

Fee information

For more information about tuition fees, including the UK Government's commitment to EU students, please see our UK/EU funding pages

How do I pay my fees?

Tuition fee loan

You can take out a tuition fee loan, which you won’t need to start repaying until after your graduate. Or alternatively, there's the option to pay your fees upfront.

Loans and fee payments

Scholarships

We offer a fantastic range of ARU scholarships, which provide extra financial support while you’re at university. Some of these cover all or part of your tuition fees.

Explore ARU scholarships

International students

You must pay your fees upfront, in full or in instalments. We will also ask you for a deposit or sponsorship letter. Details will be in your offer letter.

Paying your fees

Funding for UK & EU students

Most new undergraduate students can apply for government funding to support their studies and university life. This includes Tuition Fee Loans and Maintenance Loans. There are additional grants available for specific groups of students, such as those with disabilities or dependants.

We also offer a fantastic range of ARU scholarships, which provide extra financial support while you’re at university. Find out more about eligibility and how to apply.

Funding for international students

We offer a number of scholarships, as well as an early payment discount. Explore your options:

Entry requirements

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Important additional notes

Our published entry requirements are a guide only and our decision will be based on your overall suitability for the course as well as whether you meet the minimum entry requirements. Other equivalent qualifications may be accepted for entry to this course, please email answers@anglia.ac.uk for further information.

We don't accept AS level qualifications on their own for entry to our undergraduate degree courses. However for some degree courses a small number of tariff points from AS levels are accepted as long as they're combined with tariff points from A levels or other equivalent level 3 qualifications in other subjects.

International students

We welcome applications from international and EU students, and accept a range of international qualifications.

English language requirements

If English is not your first language, you'll need to make sure you meet our English language requirements for postgraduate courses.

Improving your English language skills

If you don't meet our English language requirements, we offer a range of courses which could help you achieve the level required for entry onto a degree course.

We also provide our own English Language Proficiency Test (ELPT) in the UK and overseas. To find out if we are planning to hold an ELPT in your country, contact our country managers.

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