Accounting and Finance (BSc)
Gain an Accounting and Finance degree, with academic direction from the London School of Economics and Political Science
This degree is for you if you:
- are professionally qualified in the accountancy field and would now like to take a degree
- wish to go on to take professional accountancy qualifications
- have not yet decided which profession to pursue but would like a thorough grounding in accounting and finance.
|Application deadline||1 October in the year before you intend to sit your exams|
|Registration deadline||30 November|
|Start studying||Study materials are usually available from mid-August|
|Examinations take place||May/June|
The degree consists of 12 courses when taken through the Standard Route and 9 courses through the Graduate Entry Route.
Prestige and career progression
The London School of Economics and Political Science (LSE) provides academic direction for this programme. LSE is regarded as an international centre of academic excellence and innovation in the social sciences. This degree will prepare you for a career in areas of professional accountancy, investment banking, investment analysis and management, management consultancy and financial management, as well as to more advanced academic study.
Graduates of the BSc Accounting and Finance degree who wish to continue their studies towards professional accreditation in the financial or accounting professions can take advantage of a ‘fast track’ agreement with five professional bodies:
- The Institute of Chartered Accountants in England and Wales (ICAEW).
- The Institute of Singapore Chartered Accountants (ISCA).
- CPA Australia.
- The Association of Chartered Certified Accountants (ACCA).
- The Chartered Institute of Management Accountants (CIMA)
Subject to passing the required combination of courses on your degree, you will be exempt from certain modules required on the route towards professional accreditation. The prospectus, available to download in the top right-hand column, contains further information about accreditation.
Flexible study at a reasonable cost
You have between 3-8 years to complete the programme (or a minimum of 2 years on the Graduate Entry Route). Fees are payable as you progress rather than as a single lump sum. The following are examples of University fees for the whole programme of study: £4,292 for the BSc degree through the Standard Route and £3,240 for the BSc degree through the Graduate Entry Route. Please note that these examples are calculated using current fees for 2016-17, do not reflect any annual change to fees and assume completion in the minimum time permitted.
The courses that make up this programme are also available to study as individual courses. This may be useful if you wish to enhance your skills or demonstrate knowledge in a specific area (for example to a university or a professional body). Subject to certain requirements, individual courses can often be credited towards the full programme upon successful completion. For more details, please visit the individual courses page.
Structure and syllabus
The BSc degree comprises twelve courses when taken through the standard route and nine courses when taken through the graduate entry route.
- Introduction to economics
- Mathematics 1 (half course) and
Statistics 1 (half course)
- Mathematics 1 (half course) and
- Principles of banking and finance
- Principles of accounting
- One course (or two half courses) from Selection groups F1 or F2
Standard Route - 100 courses
- Introduction to economics
- Mathematics 1 (half course) and
Statistics 1 (half course)
- Mathematics 1 (half course) and
- Principles of accounting
Graduate Entry Route - 100 courses
- The structure shown above will be subject to confirmation in the 2016-17 regulations. View the current year’s regulations.
- A prerequisite is a specified course that must be passed before registering for another particular course. A co-requisite is a specified course that must be registered for and examined alongside (or before) another particular course. They are applicable for students on the Certificate of Higher Education in Social Sciences, the Diplomas and the degrees. Students of the Graduate Diplomas are not required to satisfy co- or prerequisites but are strongly advised to ensure they are prepared for the high academic requirements of the courses.
- Exclusions are courses which may not be chosen together. Where exclusions exist, they are listed in the Course Information Sheets and the Regulations.
- Course Information Sheets are updated annually and you should ensure you are reading the correct information sheet for your year of study. Registered students can access these from the VLE.
How you study
Our programmes allow you to obtain a prestigious degree or other qualification at a reasonable cost.
You can choose to study independently or, where available, pay for additional educational support at a local institution to benefit from face-to-face tutorial support and the opportunity to interact with fellow students in person.
The specially written study materials are developed by academics appointed by LSE. They guide you through the textbooks which are the real focus of your study. The cost of your study pack is included in your initial and continuing registration fees. Study materials include:
- a Programme handbook containing practical information and advice such as how to enter for exams
- Strategies for success which provides help with study techniques
- a Subject guide for each course, designed to guide you through the syllabus and offer advice on how to use textbooks in an organised and productive manner. Partial versions of EMFSS subject guides are available to view
- past exam papers and Examiners' commentaries which are updated annually and available to download. These provide an insight into how questions should have been tackled and outline common mistakes made by students in the past. Copies of the most recent exam papers and Examiners’ commentaries are available for reference on our website, see EMFSS past exam papers. A fuller back catalogue is available for all registered students through the VLE.
We also provide all students with a student registration card.
When you register we will send you a username and password giving you access to the Student Portal. You can then access your University of London email account and two other key online resources:
The virtual learning environment (VLE)
The online virtual learning environment (VLE) provides electronic copies of all printed study materials. There are also forums that allow you to share interests and experience, and to work collaboratively with other students to solve problems and discuss subject material.
Online support materials are being developed continuously and for some courses audio-visual tutorials, recorded lectures, academic interviews and debates are available, along with self-testing activities and expert study skills advice.
The VLE hosts a study month each year, beginning in February and running over four weeks. The study month covers a number of EMFSS courses and comprises a series of online video sessions covering core concepts, key debates and examination advice.
The Online Library
The Online Library holds thousands of journal articles which you can access free of charge. A dedicated helpdesk is available if you have any difficulties in finding what you need.
Optional courses held at LSE in London
The LSE Summer School is held annually, usually from early July to mid-August. It offers a range of stimulating and challenging courses, allowing you to undertake a period of intensive study in areas of interest.
The fees below relate to the 2016-2017 session and are subject to annual review.
|Application fee (non-refundable)||£ 84|
|Initial registration fee||£ 760|
|Examination entry fee (per full course)||£ 224|
|Examination entry fee (per half course)||£ 112|
|Continuing registration fee||£ 380|
|Total for BSc degree||£ 4,292|
|Other fees (as applicable)|
|Additional registration fee for students taking law courses (per course)||£ 51|
|Application fee for consideration of accreditation of prior learning (per full course)||£ 89|
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Disclaimer: the currency conversion tool is provided to you for convenience only and does not constitute an endorsement or approval by the University of London; the exchange rates are provided dynamically via a third-party source, consequently, the University of London International Programmes is not responsible for their accuracy.
Fees are payable as you progress rather than as a single lump sum. The total provided above is an example of the total amount of fees payable to the University for the whole programme of study. The example is calculated using current fees and so does not reflect any annual change in fees. It also assumes completion in the minimum time permitted with no law courses being taken and no accreditation of prior learning.
When to pay
The application fee is payable when you make your application. The closing date for applications is 1 October. If you meet the entrance requirements you will be invited to register.
The initial registration fee is payable when you register with the University. The closing date for registrations is 30 November.
The examination fee is payable when you choose to enter an examination. Examination entries are accepted from mid-December to the closing date of 1 February. Examinations take place in May or June each year.
The continuing registration fee is payable in the second and subsequent years of registration at the time when you confirm the courses that you will be registered for during that year. The closing date for continuing registration is 1 November.
How to pay
All University fees must be paid in pounds sterling (GBP). The University accepts:
- Western Union - Quick Pay
- Credit/debit card (Visa, MasterCard, Maestro, Electron, JCB)
- Sterling banker's draft/cheque
- International money/postal order
Further details are given in payment methods.
In addition to the fees payable to the University, you should also budget for:
- textbooks (this may well be in the region of £300 per year)
- tuition costs (if studying at a teaching institution)
- LSE Summer School (optional)
- the fee charged by your local examination centre to cover its costs; this fee will vary.
Fees are subject to annual revision and typically may be increased by up to 5% per annum. For a full list fees that may be applicable, please see the fee schedule.
When you decide you are ready, you enter for unseen written examinations. These are set and marked by our academics to ensure your work is assessed to the same standard as College-based students at LSE. Examinations are held once a year, in May/June, at local centres in over 190 countries as well as in London. You will be charged a fee by your local examination centre (this fee will vary).
For most courses you sit a three-hour paper (or a two-hour paper for each half course). For the following courses a project/coursework also counts towards the assessment:
- IS1060 Introduction to information systems
- IS3139 Software engineering: theory and application
- GY3157 Independent geographical study
- IS3159 Research project in information systems.
To be eligible for the BSc degree you must:
- normally* be aged 17 or above by the 30 November in the year of registration and satisfy the University’s General Entrance Requirements and
- demonstrate competence in Mathematics at least equivalent to UK GCSE/GCE 'O' level at Grade C or above (equivalents can be found within the above link).
*Applications will be considered from applicants who do not meet the normal minimum age requirement for admission. Each application will be considered on an individual basis, and the decision taken at the discretion of the University of London.
If you are not automatically eligible then you will be individually considered by the Admissions Panel. The Admissions Panel will consider qualifications which are not published under the Qualifications for Entrance Schedule, incomplete qualifications (e.g. diplomas / degrees) and substantial relevant work experience. If we cannot accept you with your current qualifications and experience, we will advise you what qualifications you could take in order to become eligible in the future.
English language requirement
The language of instruction, reading and assessment is English. To succeed on our programmes you need a good level of competence in English. If you doubt your ability in written or spoken English we advise you take a course and test in English language before enrolling on the programme.
Required standard of English
You will usually meet the English language requirement for undergraduate programmes if you:
- hold a UK GCSE / GCE O level in English at grade C or above
- have five years secondary schooling taught solely in English or have passed GCE A levels or IB in essay-based subjects
- have passed an International Foundation programme that permits entry onto a recognised UK bachelor degree
- hold a full Postgraduate award, or a full first degree or Associate degree taught and examined in English from an institute that is acceptable to the University
- have passed, within the past three years, an Associate degree, Diploma or Higher Diploma awarded by an acceptable institute / polytechnic / university in Hong Kong, Malaysia or Singapore, or
- have passed, within the past three years, a test of proficiency in English language from an organisation acceptable to the University.
Where an applicant does not meet the required English language level but believes they can demonstrate the required level for admission the University may, at its discretion, consider the application.
Please note if an applicant satisfies one of the above conditions yet provides evidence of a test of proficiency in English language, awarded within the past three years, which is below the University’s minimum requirements then they will be required to retake such a test before being offered admission.
Graduate entry route
The following are eligible for graduate entry:
- graduates holding a full first degree from an acceptable university in the United Kingdom or another European country or in Argentina, Australia, Brazil, Canada, Ghana, Hong Kong SAR, Israel, Kenya, Malaysia, Mauritius, New Zealand, Nigeria, Singapore, Sri Lanka, South Africa or the Caribbean
- graduates holding a full first degree from a regionally accredited institution in the USA
- graduates holding a full first degree from an acceptable university in India which is at least three-years full time in duration.
Applications from students with other degrees not listed above will be considered at the discretion of the University. Professional qualifications cannot be considered for Graduate Entry. In addition to holding an acceptable full first degree applicants must also satisfy the above Mathematics and English language requirements.
Please contact us if you would like further advice about eligibility for graduate entry.
If you do not meet the entrance requirements
If you think that you may not have the necessary academic qualifications for direct entry into a degree programme, we offer the following:
International Foundation Programme
The International Foundation Programme is a challenging and inspiring programme that has been designed to provide you with the skills and knowledge to prepare you for rigorous undergraduate study. This programme must be studied at an institution with approved teaching status (i.e. cannot be studied independently). Further details, including entrance requirements, can be found at: International Foundation Programme
Certificate of Higher Education in Social Sciences
The Certificate of Higher Education in Social Sciences is a qualification in its own right that must be studied at an institution with Certificate teaching status.
This qualification is for you if:
- You have the ability, motivation and maturity to study at degree level, but do not have the qualifications usually required to enter a degree programme.
- You have the necessary qualifications to embark on a degree, but would prefer a programme with more teaching support.
- You intend to take a degree programme, but would like to gain a recognised qualification after one year.
Visit the Directory of Institutions page on our website and select ‘Social Sciences – CertHE’ from the programme drop-down menu for the full list of institutions that teach the programme.
If you do not meet the entrance requirements for direct entry onto a degree, the Certificate of Higher Education in Social Sciences provides an entry route to all of our degrees in the field of Economics, Management, Finance and the Social Sciences. If you intend to go on to such a degree programme, choose your courses carefully and make sure that the courses you choose are available on the degree that interests you. This will ensure that you receive credit for the courses you have passed.
Accreditation of prior learning
If you have studied a syllabus as part of a previous qualification which is comparable in level, content and standard, you might not have to take a particular course as part of your University of London International Programmes degree if we believe that the subject has been covered to the same breadth and depth. This is called Accreditation of prior learning or APL. It is also sometimes known as Credit Transfer or Exemption.
You may apply for APL for up to four full 100 courses on the Standard Entry Route of the degree only. APL cannot be granted if you are on the Graduate Entry Route.
For more information about APL please see the APL section of the website.
You must have regular access to a computer (or mobile device*) with an internet connection to use the University of London International Programmes website and the Student Portal. These are where your programme’s study resources are located. Through the Student Portal you can register as a student, enter exams and use your programme’s Virtual Learning Environment (VLE). The VLE provides you with electronic learning materials, access to the University of London Online Library, networking opportunities, and other resources.
To get the most from your studies, your computer should have at least the following minimum specification:
- screen resolution of 1024 x 768 or greater
- sufficient bandwidth to download documents of at least 2 MB.
and the following applications installed:
- a word processor that reads Microsoft Word format (.doc)
- Adobe, or other pdf reader.
* Full mobile access is not available for all programmes.
Additional computer requirements for this programme
You will need Adobe Flash Player 7.0 or later to view video material in the VLE. Some courses will require you to have a media player that plays MP4 files. Courses with a coursework or project component may have additional software and hardware requirements (such as CD writing equipment). For the BSc Information Systems and Management, and courses on other programmes related to Information Systems, you will need access to a computer with standard database, spreadsheet, programming language and word processing software.
LSE academic leadership
The London School of Economics and Political Science (LSE) is one of the Colleges of the University of London and a world-leading social science institution. Academics from LSE provide the academic direction for this programme.
Since its foundation in 1895, LSE has been regarded as an international centre of academic excellence and innovation in the social sciences. Its teaching and research is recognised worldwide as a benchmark of quality.
The School’s academic profile spans the broad range of social sciences – disciplines that reflect how we interact with one another and with society. LSE is an institution renowned for focusing on ‘real world’ issues. Current areas of research and expertise include globalisation, human rights, risk and business management, new communications technologies, urban and regional policies, and new forms of governance.
LSE alumni and former staff include 16 Nobel prize winners and 37 past or present heads of state. LSE academics come from all over the world and from many social, educational and ethnic backgrounds. They are in constant demand as commentators and analysts in the media, act as advisors to governments, and are seconded to national and international organisations.
Acting Director of the University of London International Programmes at LSE
Director of the LSE’s Summer Schools and Executive Programmes (SSEP), in mid-2015, Elizabeth was also appointed Acting Director for the UoLIP at LSE for two years. Elizabeth has developed the LSE’s Summer School programme from an intake of just under 1000 students to what is today one of the largest and most successful of its kind in the world, attracting more than 5,000 students from 119 different countries. As director of the SSEP, she has also been responsible for establishing the LSE-PKU Summer School in Beijing, whilst successfully broadening the units’ portfolio of courses across executive and postgraduate education.
Professor Richard Jackman
Interim Academic Director at LSE
Richard is an experienced Professor, belonging to LSE’s world-renowned Economics Department and is also the original founder of its Summer School and the ICEF Programme in Moscow. He brings his high-level academic experience of working with the Programme Directors on the Summer School to working with the Academic Coordinators and Department Heads in order to encourage further departmental engagement with the International Programmes.
Deputy Director of the University of London International Programmes at LSE
John has responsibility for the EMFSS programme management; quality assurance and reviews; operations and examinations; financial oversight; programme regulations; professional accreditation and regulatory bodies, and management of the LSE office. He also works closely with the network of EMFSS teaching institutions.