Gain a degree from a UK university

BSc (Hons) Financial Management


Duration:
  • Final year only: 1 year
  • 1st & 2nd years or 2nd & 3rd years: 2 years
  • Full programme: 3 years
  • Full programme (accelerated study mode): 2 years
Fees:
  • For information regarding fees, funding and scholarship please fill in the enquiry form on the right.

Financial knowledge is key to your business success, and employers the world over are actively looking for business graduates who are not only competent in all aspects of finance, but can use that knowledge to make sound business decisions.

The BSc (Hons) in Financial Management online has been designed to give you the confidence and business acumen to effectively manage the financial functions that are vital to any organisation's profitability and success. Featuring three industry-specific pathways, you will have the opportunity to tailor the degree programme to your future career aspirations.

InterActive provides a flexible online learning platform which gives you access to HD-quality videos, lecture notes, case studies, and other essential study-tools 24/7 from your laptop, PC, tablet or smartphone, from any global location. You will also become part of a growing community of over 12,000 fellow students and professionals worldwide, and will graduate with a bachelor’s degree accredited by the University of Wolverhampton – a UK respected institution of higher learning.

What will you learn?

Your degree programme will consist of a combination of compulsory, elective and project modules - these will be completed at different stages of your studies with InterActive.

Starting with the fundamentals of marketing communications and finance, you will progress to the principles of macro and micro-economics in the global business context.

The course places a specific management emphasis on each of the modules covered and provides you with the skills you need to make real career progress.

You can study at your own convenience, whenever and wherever you are in the world, through HD-recorded video lectures and online study materials.

 
 

The syllabus focuses on financial management and accountancy while still providing a solid grounding in economics, finance, quantitative methods, and law, allowing you to apply these transferable skills to a number of sectors.

The choice of a number of finance-related modules gives you the option to study those which most closely match your interests and future career aspirations.

Starting with your compulsory core modules, you will progress to the elective and project modules.

(1st Year) Certificate of Higher Education in Financial Managementread more
Quantitative Methods

Learning outcomes

You will gain the ability to:

  1. Identify and apply appropriate data collection techniques to central location and dispersion measures in the analysis of business data
  2. Apply regression, correlation and time series forecasting in the prediction of business relevant inputs for planning and designing solutions
  3. Compute probability and utilise hypothetical tests for single and two population variables
  4. Implement linear programming in business decisions

Topics covered

  1. Data Collection and Presentation, Central Location and Dispersion, and Index Numbers
  2. Regression and Correlation
  3. Time Series and Forecasting
  4. Probability and Probability Distributions
  5. Sampling and Tests of Hypotheses and Linear Programming
Introduction to Marketing

Learning outcomes

You will gain the ability to:

  1. Design a market research plan
  2. Differentiate between the elements of various types of marketing (product/service/face to face/ B2B/ industry)
  3. Understand the dynamics of digital age marketing and its impact on the global market place

Topics covered

  1. Marketing and Its Environment: Marketing dynamics and the global marketing environment
  2. Customers and Markets: Consumer behaviour, B2B buying behaviour, segmenting markets, marketing information and research
  3. The Marketing Mix and The Application of The Concepts
  4. Marketing Planning, Management and Control
Introduction to Finance

Learning outcomes

You will gain the ability to:

  1. Understand and apply basic financial tools appropriate for decision making
  2. Explain the concept of the time value of money in a business and financial context
  3. Compute the present and future values
  4. Prepare report inputs using financial tools such as discounting, compounding, annuities and perpetuities, while outlining their features

Topics covered

  1. Introduction to Finance, The Financial Environment and The Principles of Finance
  2. The Concept of The Time Value of Money
  3. The Mathematics of Finance Finding, Interest Rates and Time Requirements
  4. Compounding to Determine Future Values and Discounting to Determine Present Values
  5. Perpetuities and Annuities, and Inflation or Purchasing Power Implications
  6. Future Value of an Annuity and Future Value of an Annuity Due
  7. Frequent Compounding or Discounting Intervals
  8. Annual Percentage Rate Versus Equivalent Annual Rates of Interest, and The Cost of Consumer Credit.
Micro Economics

Learning outcomes

At the end of the module, the students should be able to:

  1. Critically evaluate intermediate microeconomic theory and be able to apply economic reasoning to the analysis of economic questions and policy
  2. Identify, present and critically evaluate standard theoretical economic models
  3. Apply standard theoretical economic models to analyses of economic questions and policy issues
  4. Communicate concepts/definitions/arguments both in writing and orally

Topics covered

  1. Economic models
  2. Utility and choice
  3. Demand (market and individual) and elasticity
  4. Production and costs
  5. Profit maximisation
  6. Perfectly competitive markets
  7. Risk and uncertainty (economics of information)
  8. Externalities
  9. Asymmetric information (basic concepts)
  10. Monopoly
  11. Capturing surplus
  12. Market structure and competition
  13. Revision
Macroeconomic Environment

Learning outcomes

You will gain the ability to:

  1. Analyse the macroeconomic environment of business and evaluate their impact on business
  2. Compute measures of inflation
  3. Explain the concept of national income and discuss the methods used in measuring a country’s output
  4. Outline issues in labour market, unemployment, taxation and government spending, and assess their impact on business at a fundamental level

Topics covered

  1. Introduction to Macroeconomics and the Macroeconomic Environment
  2. Measuring the Rate of Inflation, The Inflationary Process and Money Value and Their Impact on Businesses
  3. Determination of National Income and Measuring a Country’s National Output
  4. Foreign trade, Introduction to Exchange Rate Computations and Balance of Payments
  5. The Labour Market and Unemployment, and Their Impact on Businesses
  6. Taxation and Public Spending and Their Impact on Businesses
Business Law

Learning outcomes

At the end of this module, student should be able to:

  1. Discuss and explain the fundamentals of legal systems
  2. Identify and apply legal concepts in local and business transactions and scenarios
  3. Differentiate and analyse from a legal point of view different types of business and their legal ramifications
  4. Discuss and explain the legal regulation of companies and evaluate the options available to companies in a financial crisis

Topics covered

  1. The fundamentals of legal systems
  2. Local and international business transactions and their legal ramifications
  3. Local and international forms of business and their legal ramifications
  4. Legal aspects of business relationships with specific consideration of joint ventures and partnerships
  5. Legal aspects of raising capital and financing businesses
  6. The legal regulation of companies
  7. Legal aspects to managing crises and bankrupt businesses
(2nd Year) Diploma of Higher Education in Financial Managementread more

You will need to select and study 6 elective modules from the selection below:

Management Accounting

Learning outcomes

You will gain the ability to:

  1. Discuss different types of costing systems and use them to compute cost
  2. Evaluate the effect of costing systems and stock costing methods on income statements
  3. Compute and evaluate break even points using cost volume analysis as a tool for decision making
  4. Explain the concepts of activity based costing and design pricing systems, as well as discuss information used in business decision-making

Topics covered

  1. Fundamentals of Management Accounting I: An introduction to cost terms and purposes, job costing systems and process costing systems
  2. Fundamentals of Management Accounting II: Cost allocation, joint cost situation and income effects of alternative stock costing methods
  3. Management Accounting Information for Decision Making I: Cost-volume-profit relationships, determining how costs behave and relevant information for decision making
  4. Management Accounting Information for Decision Making II: Activity-based costing, pricing, target costing and customer profitability analysis
  5. Budgeting and Planning as Control Systems I: Motivation, budgets and responsibility accounting, flexible budgets, variances and management control I
  6. Budgeting and Planning as Control Systems II: Flexible budgets, Variances and Management Control II and measuring yield, mix and quantity effects
Financial Accounting

Learning outcomes

You will gain the ability to:

  1. Prepare financial statements using complete and incomplete data
  2. Explain key accounting concepts in financial accounting and their application
  3. Analyse financial statements to explain company performance and position, based on company annual reports
  4. Critique main points in the company's annual reports

Topics covered

  1. The Framework of Financial Reporting: Introduction to Financial Accounting and key accounting concepts
  2. Financial Position (Balance Sheet) and Financial Performance (Income Statement); An overall view of the nuts and bolts
  3. Preparation of Financial Statements: How to record transactions and prepare financial reports for a single enterprise
  4. Measuring and Reporting Cash Flows
  5. Analysis and Interpretation of Financial Statements
Corporate Finance

Learning outcomes

You will gain the ability to:

  1. Analyse fundamental corporate finance decisions and their applications
  2. Apply the investment decision rules of traditional and discounted cash flow methods in analysing investment decisions and discussing outputs (while utilising the outputs for investment decisions)
  3. Discuss the concepts of risk and return, and compute cost of capital
  4. Critically evaluate working capital policies and apply cash management models in analysing them

Topics covered

  1. Fundamentals of Corporate Finance: The types of financial management and corporate finance decisions
  2. Investment Decision: Traditional and discounted cash flow investment decision tools and their application to investment decision
  3. Financing Decision I: Capital structure theories and financing decisions
  4. Financing Decision II: Risk and return trade-off, the cost of equity, cost of debt and the weighted average cost of capital
  5. Working Capital Decisions: Working capital policies, computations and cash flow management models
Financial Economics

Learning outcomes

You will gain the ability to:

  1. Discuss the foundation of financial economics, household incomes and their impact on investment decisions
  2. Use financial economic tools to discuss resource allocation, principles of financial economics and market valuation
  3. Compute basic valuation from known cash flows
  4. Identify risks in business design and basic risk management plans
  5. Explain the capital asset pricing model, the arbitrage pricing model and efficient market hypotheses

Topics covered

  1. The Microeconomic Foundation of Financial Economics
  2. Household Savings and Investment Decisions
  3. Allocating Resources Over Time
  4. Principles of Financial Economics and Principles of Market Valuation
  5. Basics of Valuation of Known Cash Flows
  6. Principles of Risk Management
  7. The Capital Asset Pricing Model and The Arbitrage Pricing theory
  8. The Efficient Markets Hypothesis
Financial Markets

Learning outcomes

You will gain the ability to:

  1. Analyse and carry out a basic computation of instruments in the equity markets
  2. Identify and carry out a basic computation of instruments in the fixed income markets
  3. Critically discuss and carry out a basic computation of instruments in the derivatives markets
  4. Evaluate and carry out a basic computation of instruments in the mortgage markets

Topics covered

  1. Overview of the Main Financial Markets: Equity, fixed income, derivatives and mortgages
  2. Equity Markets: Fundamental concepts of equity markets and the valuation of securities in equity markets
  3. Fixed Income Markets: Fundamental concepts of fixed income markets and the valuation of securities in fixed income markets
  4. Derivatives Markets: Fundamentals of and computations in derivatives markets
  5. Mortgage Markets: Fundamentals of and computations in mortgage markets
Personal Finance

Learning outcomes

You will gain the ability to:

  1. Design personal financial plans, utilising time value of money concepts
  2. Use personal finance tools to assess and manage credit scores
  3. Prepare and assess an integrated personal financial plan utilising personal finance tools

Topics covered

  1. Overview of a Financial Plan and Tools for Financial Planning: Planning with personal financial, statements, applying time value concepts and using tax concepts for planning
  2. Managing Personal Liquidity: Banking and interest rates, managing money, assessing and securing your credit and managing credit
  3. Personal Financing and Protecting Wealth: Personal loans purchasing and financing a home, auto and homeowner’s insurance, health and disability insurance and life insurance
  4. Personal Investing: Investing fundamentals, investing in stocks, investing in bonds, investing in mutual funds and asset allocation
  5. Retirement and Estate Planning: Retirement planning and estate planning
  6. Synthesis of Financial Planning: Integrating the components of a financial plan
Taxation

Learning outcomes

You will gain the ability to:

  1. Demonstrate a critical understanding of the UK taxation system
  2. Calculate personal income tax and analyse the outputs
  3. Compute corporate tax and discuss relevant issues regarding corporation tax
  4. Explore capital gains tax and related issues
  5. Examine inheritance tax and relevant issues
  6. Analyse national insurance, value added tax and discuss relevant issues regarding these topics

Topics covered

  1. An Introduction to the United Kingdom Taxation System and Model
  2. Taxation Applicable to Personal Income and Relevant Computations
  3. Taxation Applicable to Corporate Income and Relevant Computations
  4. Taxation Applicable to Capital Gains and Relevant Computations
  5. Taxation Relevant to Inheritance and Relevant Computations
  6. National Insurance Taxation and Relevant Computations
  7. Value Added Tax and Relevant Computations
Information Management

Learning outcomes

You will gain the ability to:

  1. Identify information systems and analyse their impacts on businesses
  2. Understand the information technology (including ICT) support required for information systems in a business
  3. Critically evaluate the application of information systems to E-Commerce
  4. Appreciate how information systems can be used as a knowledge development and management tool in businesses

Topics covered

  1. Introduction to Business Information Systems and Their Impact on Businesses
  2. How Businesses Can Achieve Competitive Advantages Through The Deployment of Information Systems
  3. The Information Technology Support for Information Systems in Businesses
  4. Telecommunications Systems and Enterprise Systems Deployment in Businesses
  5. The Business Needs and Structure Requirements for Information Systems
  6. Application of Information Management Systems in Electronic Commerce
  7. Developing Knowledge from Information Systems and Management
(3rd Year) BSc in Financial Managementread more

During the last stage of your study you will need to:

  1. Complete a Research Methods module
  2. Select 2 elective modules from the following:
    International Financial Management
    Risk Management
    Audit and Assurance
    Econometrics
  3. Select 2 project modules from the following:
    Money and Banking (Project)
    Governance and Ethics (Project)
    Corporate Reporting (Project)
    Managerial Economics (Project)
    Developmental Economics (Project)
 
 
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Learn anywhere, anytime with our flexible online programme structure

HD-quality recorded lectures from LSBF’s faculty of industry experts

Achieve your degree in 2 years with the accelerated study option

Gain a specialised BSc degree from a UK university

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