Lancaster University
Accounting and Management (Industry) BSc (Hons)
Lancaster University

Key Course Facts

Student Reviews

Below you can see course specific reviews of 245 graduates of Accounting and Management (Industry) BSc (Hons) and other courses in Business and Management (Non-Specific) at Lancaster University for each of the survey questions in comparison to the average for all UK degree courses in Business and Management (Non-Specific).

Overall student satisfaction
83 /100
245 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Accounting

Important: Salary data below is not course specific, but contains data of all students of Business and Management (Non-Specific) at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £24500 £29000 £38500
25-75 percentile range £23000 - £27000 £21000 - £38500 £27000 - £49000


Salary of all UK Graduates of Accounting

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £24940 £23818 £29383
25-75 percentile range £21647 - £29810 £18679 - £30387 £21981 - £39292

Course Description

This course teaches the technical skills of accounting alongside competencies in Management within a 4-year career-focused degree programme that includes a 12-month paid industry placement in year 3. To see how well Management and Accounting work together, look at the backgrounds of the CEOS of the FTSE100 index of firms: fully 1/3rd are certified chartered accountants. This programme allows you to choose management-related modules from across the Management School and wider University giving you a final degree that you build around your interests and strengths. Students graduate from this programme with the combination of technical skills and practical experience necessary to take on challenging management roles.

Programme overview

You will learn from leading academic researchers and expert practitioners in accounting, management and associated fields of human resource management and marketing.

In your first year, you study accounting and finance using real-world data from actual companies. You will learn about economic issues such as inflation, supply and demand, cost and pricing.

All second-year students study auditing, financial accounting, finance, management accounting and statistical analysis. Other options include law and subjects from at least two other Management School departments, for example, Management Science, Marketing, or Economics.

Your third-year industrial placement provides you with a positive, practical experience in a graduate role, gaining priceless business skills. You will have the chance to see how well academic theories work in real-life situations, and gain insight into where your talents and interests lie for your future career.

Your final year builds on this knowledge and experience, while offering specialist options such as ethics, investments and taxation. Throughout, you learn from academics whose global perspectives inform government and regulators, and from practitioners with experience of running businesses and working in accounting and finance.

Throughout, you learn from academics whose global perspectives inform government and regulators, and from practitioners with experience of running businesses and working in accounting and management.

Key facts

The degree is accredited by globally-recognised accountancy bodies:

  • Association of Chartered Certified Accountants (ACCA)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Institute of Chartered Accountants of Scotland (ICAS)
  • Chartered Institute of Management Accountants (CIMA).

These accreditations provide graduates with exemptions from many core professional examinations, depending on your module choices, and means, on graduation, you will be further along the route to qualifying as an accountant than many of your contemporaries.

The University will make all reasonable efforts to support you in finding a suitable placement for your studies. While a placement role may not be available in a field or organisation directly related to your studies or career aspirations, all roles offer valuable experience of working at graduate level, gaining a range of professional skills.

If you are unsuccessful in securing a suitable placement, you will be able to transfer to the equivalent non-placement degree scheme and would continue with your studies at Lancaster, finishing your degree after your third year. The University offers a range of shorter placement and internship opportunities for which you would be welcome to apply.

Programme outcomes

Specialist accounting and finance careers events put you in contact with potential employers, and our expert careers team help you develop practical skills and assets highly valued in the world of work. Modules prepare you for interviews and assessment centres, build your CV and make you attractive to potential employees, placing you in a strong position to start your future career.

Accredited by the Institute of Chartered Accountants Scotland (ICAS) for the purpose of exemption from some professional examinations.

Accredited by the Institute of Chartered Accountants in England and Wales (ICAEW) for the purpose of exemption from some professional examinations.

Accredited by the EFMD Quality Improvement System.

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Accounting and Management (Industry) BSc (Hons) at Lancaster University

34% Protective service occupations
12% Science, engineering and technology associate professionals
11% Teaching and Childcare Support Occupation
8% Elementary occupations
5% Elementary occupations
5% Welfare Professionals
3% Customer service occupations
3% Caring personal services
3% Welfare and housing associate professionals
3% Sales occupations

Grading & Study Time

Grading Distribution

Students of the course received the following grades

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Business and Management (Non-Specific)

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 7.0
    • Graduate Degrees
    • 6.5
    • Undergraduate Degrees
Get advice on which foundation courses are best for you to still study Accounting and Management (Industry), BSc (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Average student cost of living in the UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

How to apply

Application deadline:

January 1, 2025

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Possible Entry Points:

  • year 1 (Default entry point)

University Rankings

Positions of Lancaster University in top UK and global rankings.

Rankings of Lancaster University in related subject specific rankings.

Business

    • #15 
    • #151 
    Finance
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 34 university rankings of Lancaster University

About Lancaster University

Lancaster University was established in 1964 and is located in the rural setting of Lancaster. The campus provides a series of amenities, including banks and a post office. Academically, all of this university’s courses and programmes are accredited and approved by MARP, ensuring that the curriculums delivered here are set at a high standard. In terms of facilities, students have access to a variety of study and recreational spaces intended to improve their wellbeing, such as Meditation and Tai Chi classes, and Woodland walks.

List of 452 Bachelor and Master Courses from Lancaster University - Course Catalogue

Student composition of Lancaster University

undergraduates:
12595
postgraduates:
4065
Total:
16660
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Where is this programme taught

Main Site
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