BSc Accounting and FinanceCourse Code: 1845-DP044A (CE 68-886-00/01) (Year 1 Entry) / 1845-DP044A (CE 68-860-00/01) (Year 2 Entry)
Sharpen your knowledge in accounting and finance, as well as in the associated fields of financial reporting, auditing and assurance. You will establish a solid foundation for an analytical position in related industries.
- The degree is awarded by the University of London and the programme is academically developed and managed by the London School of Economics and Political Science (LSE);
- In 2020, LSE was ranked 4th worldwide in the subjects of Accounting & Finance; 5th worldwide in the subjects of Economics & Econometrics; 10th worldwide in the subjects of Business & Management Studies; and 44th worldwide overall in QS World University Rankings.
- provide an undergraduate education at the forefront of the international field in the study of the theory and practice of financial management, control and accountability in organisations;
- situate the study of accounting and finance in some of the various contexts within which accounting and finance professionals play a key role;
- develop in students an understanding that not only is accounting and finance as a discipline concerned with computational skill but, more importantly, it is central to the way in which both management internally, and also various stakeholders externally (including investors, lenders, customers, the government and the public) perceive, understand, and seek to change and control the nature of organisations and the ways in which resources are allocated to and by them;
- foster in students a critical and flexible approach to accounting and finance issues, within a UK and international context;
Programme Intended Learning Outcomes
On completion of the programme, students should be able to
- Knowledge and understanding
- communicate knowledge and understanding of several of the major contexts within which accounting operates, based on a critical evaluation of related theoretical and conceptual frameworks and of empirical evidence as to its effects; (modules 4, 6, 7, 9, and 10)
- communicate knowledge and understanding of, and appropriate ability to use and critically evaluate, current and major alternative technical languages and practices of accounting, together with appropriate ability to apply them; (modules 4, 6, 7, 9, and 10)
- record and summarize financial data and prepare financial statements; (modules 4, 7, and 10)
- manipulate financial and other numerical data and appropriate understanding of and ability to apply mathematical and statistical concepts; (modules 1 to 5, 7, 8, and 10, plus modules 11 and 12 selected from electives f, and h to l)
- communicate and apply knowledge and understanding of the principles of business information systems management at an appropriate level; (modules 11 and 12 selected from electives b and n)
- analyse business activities and perform financial analyses and projections in appropriate contexts of planning, decision making and control at an appropriate level; and to recognise the limitations of these techniques; (modules 4, 5a, and 6 to 9, plus modules 11 and 12 selected from electives f, and i to l)
- communicate knowledge and understanding of financial management, risk and the operation of financial markets at an appropriate level, based on critical evaluation of theories and empirical evidence. (modules 3, and 8, plus modules 11 and 12 selected from electives j to l)
- Intellectual and cognitive skills
- locate, extract, analyse and draw reasoned conclusions from multiple sources (including electronic sources) of appropriate literature and relevant data and acknowledge and reference sources appropriately; (modules 1 to 12)
- critically analyse arguments; (modules 1, 2b, and 3 to 12)
- assimilate and lucidly evaluate alternative views. (modules 1, 2b, and 3 to 12)
- Transferable skills
- communicate effectively in a written context; (modules 1, 2b, and 3 to 12)
- use information technology (spread-sheets, word-processing and online databases) appropriately; (modules 4, 6 to 10, plus modules 11 and 12 selected from electives a, b, g, and j)
- organise information, and to assimilate and evaluate competing arguments; (modules 1, 2b, and 3 to 12)
- manage their own learning, including working effectively to deadlines; (modules 1 to 12)
- be open minded and have a capacity to handle ideas and scrutinise information in critical, evaluative and analytical ways. (modules 1 to 12)
University of London Programmes
The University of London is truly one of the greatest universities in the world. The University is a federation of 18 world-class colleges and 10 specialised institutes, with a student population of more than 120,000. The University's reputation for high academic standards has been built on the outstanding teaching and research of its colleges since 1836, and its degrees are recognised internationally by governments, universities, employers and professional bodies as being of a high academic quality and standard.
For over 150 years, University of London degrees have been accessible to students all over the world through the University of London Programmes. Over the years, many exceptional people who have studied with the University of London Programmes have shaped our world. Former students include seven Nobel Prize winners, leaders of commonwealth countries, government ministers, renowned authors, academics, judges and business leaders. Today, the University of London Programmes are truly international in character with more than 50,000 students in 180 different countries.
London School of Economics and Political Science (LSE)
Academic direction for all of the courses offered through the University of London Programmes is provided by the colleges of the University. Academics at these colleges develop the syllabi, prepare the study materials, and are responsible for the assessment of students. In the case of the BSc Banking and Finance, BSc Accounting and Finance, BSc Economics and Management and BSc Business and Management programmes, academic direction is provided by the London School of Economics and Political Science (LSE). Please click here for more details.
LSE has consistently been ranked at the highest level among universities in the United Kingdom.
2020 QS World University Rankings44th – Overall ranking worldwide2020 QS World University Rankings by Subject
4th – Subject: Accounting & Finance
5th – Subject: Economics & Econometrics
10th – Subject: Business & Management Studies
The BSc Accounting and Finance programme offers students with knowledge of both accounting and finance. It provides a solid accounting and finance background for analytical positions in various industries. BSc Accounting and Finance programme consists of 12 courses.
1. Introduction to Economics
2. Mathematics 1 and Statistics 1
3. Principles of Banking and Finance
4. Principles of Accounting
5. Choose ONE from below:
6. Financial Reporting
7. Management Accounting
8. Asset Pricing and Financial Markets
9. Auditing and Assurance
11-12. Choose TWO from below:
* Subject to change.
#The course was named ''Principles of Marketing'' previously.
1. Students who admitted through the Graduate Entry Route will have to take 9 courses, i.e. courses 1, 2, 4, 5, 6, 7, 8, 9, 10.
IC may offer some courses, but not all, as electives every year.
The above programme structure is intended to be used as a guide to prospective students. Students must also follow the programme structure, prerequisites and exclusions presented by the University of London Programmes Programme Specification and Regulations.
Duration of Study
Minimum 3 years (AD/HD graduates with full exemptions on 3 courses may complete the programme in 2 years).
The teaching methods include lectures and tutorials. Staff members consist of HKU SPACE and overseas lecturers.
Assessment will be done by examination. Each course is assessed by one written examination determined by the University of London. All examinations are held once a year in May/June.
- Teaching Staff - University of London
ABDEY, James Spencer BA, MSc Exeter; PhD LSE ALI, Haider BSc, PhD Lond; MPhil Cranfield ARABSHEIBANI, Gholamreza BA Nott Trent; MSc, PhD LSE ARHAT, Virdi MA Oxford; MSc, PhD LSE BUCKLE, Michael John BA Newcastle; MSc Warwick; PhD CHANDLER, Roy Anthony BSc (Econ), FCA CORDELLA, Antonio BSc Bologna, PhD Info Sys Gothenburg DYKE, Eric George Lewis BSc, MSc QMC EVANS, Kevin Philip BSc Swansea; MSc; PhD Swansea FUNG, Libon BSc, MSc, PhD Lond HASLAM, James BA Sheffield; PhD Essex KIRKPATRICK, Ian BA (York), MSc (LSE), PhD (Wales) LASSOU, Philippe Jacques Codjo BSc INE; MSc, PhD Birmingham TIMMS, Jill
BA Keele; MSc UCD; PhD LSE
WHEATLEY. Sharon Jayne BSc UCL; MRes, DPhil KCL WILLIAMS, Mark Thomas BSc LSE; MSc; DPhil Oxford
- Teaching Staff - HKU SPACE
CHAN, Frank MBA Ottawa; CPA Canada; CGA Canada; ACCA UK CHAN, Ken
BEcon; MEcon; MFin
CHAN, Kar Lun BEcon&Fin, MEcon, PhD HKU CHOI, Wilson BEcon&Fin, MEcon HKU FUNG, Benjamin BEng; BSc; MPhil HO, Clive BComm & BEcon ANU; MEcon HKU; CPA Australia ASA HUI, Nelson BA Winn; MA Tor LAM, Philip BMath Wat; MInfo Tech CSU; PhD Info Sys Curtin; FHKLA; MIEEE LAU, Walter BBA CityU; MFin Michigan Dearborn LEE, Kenneth BSc Western Ontario; MBA Bradford; DBA Australia NG, William BA HK; MBA Bradford SI, Sandy BBA; MCorFin; HKICPA; ACCA YEE, Thomas
BEcon, PCEd HKU, MEcon
Note: The list of teaching staff is subject to change.
Upon satisfactory completion of the programme, students will be awarded BSc Accounting and Finance.
When students graduate with a degree, diploma or certificate from the University of London, they will be sent two documents - a final diploma (i.e. the parchment they receive following graduation) and a Diploma Supplement.
The final diploma will indicate that the student was registered with the University of London and awarded a University of London degree, diploma or certificate, and included the name of the Academic Direction which conducted the examinations. The University of London logo and signature of the Vice-Chancellor of the University of London are incorporated. The Diploma Supplement will describe the nature, level and content of the programme the student successfully completed and include a transcript of courses taken and marks achieved, as well as the overall classification. It also provides further information about the role of the Academic Direction and method of study.
Degrees are awarded with the following classifications: First Class Honours, Second Class Honours (divided into Upper Division and Lower Division), Third Class Honours and Pass.
For details of the latest recognition or paper exemption status of the University of London’s programmes, please check respective professional organisation’s website:
Association of Chartered Certified Accountants
Chartered Institute of Management Accountants
Our graduates work in the private sector at firms ranging from accounting and auditing to banking and finance institution. Others purse fulfilling position in government agencies, the nonprofit sector or other industries.
Our graduates are eligible to pursue further studies in business or finance related disciplines at a postgraduate level.
Tuition fees* of the entire programme for 2020/21 include HKD177,600 to HKU SPACE and GBP5,923 to University of London and HKD9,985^ to HKEAA (12 courses and to be completed in 3 years).
|1st Year||2nd Year||3rd Year|
|HKU SPACE course fee||HKD59,200||HKD59,200||HKD59,200|
|Initial Registration fee (to be paid in the 1st year)||GBP1,070||-||-|
|Continuing Registration fee per year (to be paid in 2nd year and afterwards)||-||GBP489||GBP489|
|Examination fee^ per year (4 full courses)||GBP1,291+ HKD3,815^||GBP1,292 + HKD3,085^||GBP1,292 + HKD3,085^|
|Total:||HKD59,200 + GBP2,361+ HKD3,815^||HKD59,200 + GBP1,781 + HKD3,085^||HKD59,200 + GBP1,781 + HKD3,085^|
An application fee GBP101 payable to the University of London also applies.
^To be adjusted in December 2020.
^The fee payable to the HKEAA is based on the number of papers.
*The published tuition fee is a reference for degree students who take the Standard Route and complete the programme within the shortest possible duration (3 years) without any re-sits. Fees are subject to change or year-on-year increases without prior notice. The amount of fees paid in GBP also depends upon the exchange rate differences.
Financial Assistance Schemes
This programme has been successfully accredited by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ). Full-time students are eligible to apply for Hong Kong government grants and low-interest loans, i.e. Financial Assistance Scheme for Post-secondary Students (FASP) and Non-means tested Loan Scheme for Post-secondary Students (NLSPS). For details, please refer to www.wfsfaa.gov.hk/sfo.
(for all CC and HPSHCC AD/HD Graduates)
Applicants from HKU SPACE CC/HPSHCC graduates or alumni are entitled to a scholarship of HK$7,000 for enrolling on an IC undergraduate programme in 2020/21. If students achieve a CGPA of 2.8 or above in your sub-degree programme, they will be awarded an additional incentive of HK$5,000 (total scholarship amount: HK$12,000).
To be eligible for the scholarship and/or the incentive, students are required to pay the deposit as stipulated in the conditional offer letter or the tuition fee as stipulated in the final offer letter, whichever applicable, on or before the payment due date. The total scholarship amount (either HK$7,000 or HK$12,000) will be disbursed to students after the commencement of the programme on which they have successfully enrolled.
Applicants shall hold:
- 2 HKDSE Category A subjects at Level 3 (including English Language) and 3 HKDSE Category A subjects at Level 2 (including Mathematics); or
- (a) 2 GCE ‘A’ Level Grade E + 3 GCE ‘O’ Level Grade C (including English Language & Mathematics); or
(b) 2 HKAL Grade E + HKCEE English Language at Grade C & 2 subjects at Grade E in HKCEE (including Mathematics); or
- International Baccalaureate (IB) Diploma including Mathematics / Mathematical Studies at Grade 3 (Higher Level / Standard Level); or
- An Associate Degree / a Higher Diploma from HKU SPACE or other recognised awarding institutions.
Note: There are many other qualifications, both from Hong Kong and overseas, that the University of London accepts as satisfying the entrance requirements for the degree programmes.
Graduate Entry Route
Students who hold a full first degree completed in a minimum of 3 years duration on a full-time basis (or equivalent) from a university or other institution acceptable to the University of London will be considered.
Please click here for details.
CSM London Summer Study Programme
This programme organised by IC provides a valuable opportunity for students to enroll into a short course in Central Saint Martins College of Arts and Design (CSM), one of the world’s leading institutes for arts and design education with 150 years of history.
This programme is recognised under the Qualifications Framework. For details of the QF level, registration number and validity period, please visit: www.hkqr.gov.hk.
This is an exempted course under the Non-local Higher and Professional Education (Regulation) Ordinance. It is a matter of discretion for individual employers to recognise any qualification to which this course may lead.