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Undergraduate Programmes

Accounting and Finance

BSc Banking and Finance

Course Code: 1845-DP046A (CE 68-883-00/01) (Year 1 Entry) / 1845-DP046A (CE 68-813-00/01) (Year 2 Entry)
QF Level
  • QF Level: 5 QR Registration No.: 13/000448/L5 Validity Period: 01/09/2013 to 31/08/2021
enquiries
Mr. Chris Chan
T: 2910 7611

Programme
Overview

Programme Overview

This programme offers students with knowledge of the major areas of banking and finance, financial management and risk analysis. It provides a solid finance, economics and accounting background for analytical positions in banking and finance industries.

Programme Highlights

  • 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.

Programme Objectives

This programme aims to:

  1. provide students with an understanding of the ways in which financial intermediaries and institutions operate, and the structure and functioning of financial markets;
  2. give students knowledge about the pricing of financial assets, and why and how corporations issue various types of assets;
  3. provide students with an understanding of precisely how such intermediaries operate, both on a domestic level and in the international arena;
  4. provide students with an understanding of how banks (and other institutions) might use financial assets, for example derivatives, in risk management procedures;
  5. provide students with a well-rounded coverage of the major issues and areas of modern financial theory and practice.

Programme Intended Learning Outcomes

On completion of the programme, students should be able to

  1. Knowledge and understanding
  1. communicate knowledge and understanding of several of the major contexts within which banking operates, based on a critical evaluation of related theoretical and conceptual frameworks and of empirical evidence as to its effects; (modules 1, 3, 7, and 8, plus modules 11 and 12 from selected from electives g, l, and m)
  2. communicate knowledge and understanding of, and appropriate ability to use and critically evaluate, current and major alternative technical languages and practices of banking and finance, together with appropriate ability to apply them; (modules 3, 5, 6, 8, and 9)
  3. manipulate financial and other numerical data and appropriate understanding of and ability to apply mathematical and statistical concepts; (modules 1 to 10, plus modules 11 and 12 selected from electives e, g to j, l, and m)
  4. communicate and apply knowledge and understanding of the principles of business information systems management to an appropriate level; (modules 11 and 12 selected from elective k, and n)
  5. analyse business activities and perform financial analyses and projections in appropriate contexts of planning, decision making and control to an appropriate level; and to recognize the limitations of these techniques; (modules 4 to 6, and 8 to 10, plus modules 11 and 12 selected from electives e, and g to j)
  6. understand the pricing of financial assets and why and how corporations issue various types of assets; (modules 3, 5, 6, and 9)
  7. demonstrate appropriate ability to communicate knowledge and understanding of financial management, risk and the operation of financial markets, based on critical evaluation of theories and empirical evidence. (modules 5, 6, 8, and 9)
    1.  Intellectual and cognitive skills
  1. 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)
  2. critically analyse arguments; (modules 1, 2b, and 3 to 12)
  3. assimilate and lucidly evaluate alternative views. (modules 1, 2b, and 3 to 12)
    1. Transferable skills
  1. communicate effectively in a written context; (modules 1, 2b, and 3 to 12)
  2. use information technology (spread-sheets, word-processing and online databases) appropriately; (modules 4 to 6, and 10, plus modules 11 and 12 selected from electives a, f, i, j, and k)
  3. organise information, and to assimilate and evaluate competing arguments; (modules 1, 2b, and 3 to 12)
  4. manage their own learning, including working effectively to deadlines; (modules 1 to 12)
  5. 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

University of London

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.

Academic Direction: 
​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 Rankings 
44th – Overall ranking worldwide
 
2020 QS World University Rankings by Subject

4th – Subject: Accounting & Finance 
5th – Subject: Economics & Econometrics 
10th – Subject: Business & Management Studies

Content and
Teaching

Programme Structure*

The BSc Banking and Finance programme offers students with knowledge of the major areas of banking and finance, financial management and risk analysis. It provides a solid finance, economics and accounting background for analytical positions in banking and finance industries. BSc Banking and Finance programme consists of 12 courses.

Course Title

1. Introduction to Economics

2. Mathematics 1 and Statistics 1

3. Principles of Banking and Finance

4. Principles of Accounting

5. Asset Pricing and Financial Markets

6. Principles of Corporate Finance

7. Choose ONE from below:

  1. Microeconomics∆
  2. Macroeconomics

8. Financial Intermediation

9. Investment Management

10.Auditing and Assurance

11-12. Choose TWO from below:

  1. Marketing Management#
  2. Organisation Theory: an interdisciplinary approach
  3. The Law of Business Organisations
  4. Human Resource Management
  5. Strategy
  6. Management and Innovation of e-business
  7. Monetary Economics
  8. Managerial Economics∆#
  9. Financial Reporting#
  10. Management Accounting#
  11. Information Systems Management#
  12. Microeconomics∆#
  13. Macroeconomics#
  14. Business and Management in a Global Context#

* Subject to change

#The course was named ''Principles of Marketing'' previously.


For courses 11 to 12,
i) Students cannot take Managerial Economics with Microeconomics. ∆
ii) Students can only take one course among these courses (h) to (n). #

Remarks:
1. Students who admitted through the Graduate Entry Route will have to take 9 courses, i.e. courses 1, 2, 3, 5, 6, 7, 8 and 9, plus one course from courses 11 to 12 selected from electives (a) to (g).


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 Programme ​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).

Teaching Mode

The teaching methods include lectures and tutorials. Staff members consist of HKU SPACE and overseas lecturers.

Assessment

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

  • 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 Australia; 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; ASA CPA Australia
    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 Ottawa; DBA South Australia

    NG, William BA HK; MBA Bradford
    SI, Sandy BBA; MCorFin; HKICPA; ACCA
    YEE, Thomas BEcon, PCEd HKU, MEcon HKU

Note: The list of teaching staff is subject to change. 

Award and
Careers

Award

Upon satisfactory completion of the programme, students will be awarded BSc Banking 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.

Professional Recognition

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 ACCA

www.accaglobal.com

CPA Australia CPA Australia

www.cpaaustralia.com.au

Career Opportunities

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.

Further Studies

Our graduates are eligible to pursue further studies in business or finance related disciplines at a postgraduate level. 

Fees and
Funding

Tuition Fee*

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.

IC Scholarship 

 (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. 

more Details 

Entry
Requirements

Entry Requirements

Standard Route

Applicants shall hold:

  1. 2 HKDSE Category A subjects at Level 3 (including English Language) and 3 HKDSE Category A subjects at Level 2 (including Mathematics); or
  2. (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 a​t Grade C & 2 subjects at Grade E in HKCEE (including Mathematics); or
  3. International Baccalaureate (IB) Diploma including Mathematics / Mathematical Studies at Grade 3 (Higher Level / Standard Level); or
  4. 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.

Progression Path

UOL Progression path

Student Work
and Activities

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.

CSM CSM

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Note(s)

Qualifications Framework 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.