Programme Specification
This Programme Specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided.Sources of information on the programme can be found in Section 17
1. Awarding Institution / Body / University of Central Lancashire /University of Central Lancashire Cyprus
2. Teaching Institution and Location of Delivery / University of Central Lancashire, Cyprus
Cyprus Campus (Larnaka)
Preston Campus
3. University School/Centre / School of Business and Management /
Lancashire Business School
4. External Accreditation / The Institute of Chartered Accountants in England and Wales (“ICAEW”) up to 7 exemptions
The Chartered Association of Certified Accountants (“ACCA”) up to 9 exemptions
Chartered Institute of Management Accountants (CIMA)
Up to 9 exemptions
Evaluation Committee for Private Universities (ECPU)
5. Title of Final Award / BA (Hons) Accounting and Finance
6. Modes of Attendance offered / Full-time
7. UCAS Code / N4N3
8. Relevant Subject Benchmarking Group(s) / Accounting/Finance
9. Other external influences / Refer to 4 above
10. Date of production/revision of this form / October 2014
11. Aims of the Programme
· To enable students to acquire a knowledge and understanding of accounting and related studies. This awareness will encompass the technological, social, institutional and economic dimensions of the environment in which accounting and finance is placed
· To provide the student with technical competence in relevant disciplines in order to provide a sound basis for further study, training and work.
· To develop the intellectual capacity, analytical powers and skills of students through an academically rigorous programme of study.
· To enable students to obtain possible exemptions from the examinations needed to qualify as a member of the ICAEW, ACCA or CIMA.
· To enable students to graduate with a Certificate of Finance and Accounting for Business awarded by ICAEW; a Certificate of Business and Accounting awarded by CIMA or a Diploma in Business and Accounting awarded by ACCA, depending on pathway.
· To offer students an opportunity to undertake a placement year an introduction to business practice by means of practical training/development period and to encourage students to integrate their academic studies with their practical experience of business (work placement route).
· To offer students an opportunity to study abroad, demonstrate initiative, independence, motivation and depending on where they stay, a working knowledge of another language (international study route).
12. Learning Outcomes, Teaching, Learning and Assessment Methods
A. Knowledge and Understanding
An ability to:
A1. analyse financial and organisational problems logically
A2. apply relevant knowledge and techniques rationally
A3. construct and criticise proposed solutions effectively
A4. demonstrate an understanding of the economic, legal, ethical and social environment in which finance and related business subjects operate
Teaching and Learning Methods
Acquisition of knowledge and understanding (A1-A4) is mainly through lectures and related seminar work
Assessment methods
The outcomes (A1–A4) are assessed by coursework and examination. The courseworks vary from traditional essays or the preparation of reports to methods of in-class assessment such as tests, quizzes and evaluation of competence in the use of a personal computer and associated software. The requirements of the major accounting bodies specify the acceptable allocation of marks between examination and coursework, with the majority of marks (usually 70%) being reserved for an unseen three hour examination.
B. Subject-specific skills
An ability to:
B1. prepare financial statements for external use
B2. analyse and evaluate financial and related business information in various formats
B3. prepare and subsequently evaluate management accounting information
B4. incorporate appropriate information technology
Teaching and Learning Methods
The methodology used is a combination of lectures and seminars, offering the opportunity to apply the principles, techniques from the lectures to subsequent seminar work. Some of the seminars take place in dedicated computer rooms to facilitate information technology practice.
Assessment methods
For outcomes B1-B4 the assessment methods described in Part A are used.
C. Thinking Skills
An ability to:
C1. select, collate, analyse and synthesise information from a range of sources
C2. interpret and critically review theoretical concepts
C3. relate theory to practice
C4. reflect on the knowledge gained and its application to practice
.
Teaching and Learning Methods
Outcomes C1-C4 are achieved by the preparation of seminar work, discussions within seminars and coursework (if appropriate)
Assessment methods
For outcomes C1-C4 the assessment methods described in Part A are used.
D. Other skills relevant to employability and personal development
D1. develop verbal and written communication skills
D2. apply financial and related business skills to personal financial situations
D3. manage personal development
D4. Independent self-motivated study
.
Teaching and Learning Methods
D1 is included in parts A-C, D2 through the introduction of relevant examples within seminar material and discussion, D3 and D4 are introduced as an integral part of two year one compulsory modules and subsequently extended via self-learning with formal and informal support from module and personal tutors.
Assessment methods
The outcomes (D1–D4) are assessed by coursework and examination. The courseworks vary from traditional essays or the preparation of reports to methods of in-class assessment such as tests, quizzes and evaluation of competence in the use of a personal computer and associated software. The requirements of the major accounting bodies specify the acceptable allocation of marks between examination and coursework, with the majority of marks (usually 70%) being reserved for an unseen three hour examination
13. Programme Structures* / 14. Awards and Credits*
Level / Module Code / Module Title / Credit rating
UK/ECTS
Level 6 / AC3400
AC3100
AC3300
AC3200
AC3500
AC3600
AC3101 / Corporate Finance
Advanced Financial Accounting
Auditing Theory and Practice
Advanced Management Accounting
Business Strategy
Choice of 1 of the two modules below:
Taxation Theory and Practice
Cyprus Taxation / 20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10 / Bachelor Honours Degree
Requires 480 credits (240 ECTS), of which a minimum of 100 must be at level 6, 220 must be at level 5 or above and 360 credits must be at level 4 or above
Bachelor Degree
Requires 440 credits (220 ECTS) of which a minimum of 60 must be at level 6, 180 credits must be at level 5 or above
Level 5 / AC2410
AC2100
AC2500
AC2200
AC2300
LA2155
LA2156 / Finance for Managers
Financial Accounting
Accounting Information Systems & Control Issues
Management Accounting
Professional Skills Development
Choice of 1 of the two modules below:
Companies and the Law
Companies and the Law in Cyprus / 20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10 / Diploma of Higher Education
Requires 360 credits(180 ECTS) of which a minimum of 100 credits must be at level 5 or above e
Level 4 / AC1100
AC1200
AC1300
EC1002
LA1511
MG1009 / Introduction to Financial Accounting
Introduction to Management Accounting
Information Systems & the Business Environment
Introduction to Economics
Legal Obligations in Business
Fundamentals of Business Mathematics / 20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10 / Certificate of Higher Education
Requires 240 credits(120 ECTS) at level 4 or above
Level 4 / MA1601
MG1550
AC1500
EF1705
EF1706
EF1498
EB1003
BU1026
EC1500
/ Introduction to Mathematics
and statistics
Introduction to Accounting and Information Systems
Introduction to Accounting
and Finance
Option modules:
English Language 1*
English Language 2*
Academic Writing *
English Business communication
Business in Context
Principles of
Economics
*compulsory modules for students following advanced entry route / 20
20
20
20
10
20
10
/ 20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
20 / 10
/ Certificate of Achievement
Requires 120 credits (60 ECTS) at level 4
15. Personal Development Planning
Personal Development Planning is introduced as an integral part of compulsory modules. In addition, the nature of the modules and their operation enables students to plan their work throughout each year and during their course. A scheme of work provides students with a clear map of the contents of each module, the reading they should undertake and the work they must prepare prior to attendance at the seminar. Additionally, the management of assessments, their preparation and timely submission prepare students for the realities of life after graduation. In their first year, and subsequently in the two core modules, AC1100 and AC1300, staff will introduce personal development topics for two weeks within each semester, making eight weeks in total of various study skills, such as adapting to higher education, planning, organising and reflecting etc. The personal tutor system additionally provides each student with an individual whom they can consult on a wide variety of issues over the term of their study. As the student progresses, the type of advice given could, for example, be of a general careers nature or more likely more specific such as assistance with the assessment of the results of an organisation with which the student has a forthcoming interview.
16. Admissions criteria
Programme Specifications include minimum entry requirements, including academic qualifications, together with appropriate experience and skills required for entry to study. These criteria may be expressed as a range rather than a specific grade. Amendments to entry requirements may have been made after these documents were published and you should consult the University’s website for the most up to date information.
Students will be informed of their personal minimum entry criteria in their offer letter.
•For entry to year 1 of the programme, the normal requirement is a score of 16.5 or above in the Apolytirion; or 200 A level points; or another international equivalent.
•For advanced entry into the programme, the minimum entry requirements would be one of the following: relevant Certificate of Higher Education, Foundation Certificate or equivalent from a recognised institution.
•Students with an Apolyterion score of 18.5/20 or above, or 300 A2 level points or equivalent and has an IELTS score of 6.0 or equivalent may apply for exemption from no more than 10% of the programme, equivalent to a maximum of 2 modules (40 UK credits/20 ECTS) out of their 24 module programme.
•Applicants without a grade C or above in GCSE English will have to show a good grasp of the English language and will require 5.0 IELTS (or equivalent) for entry into year 1 or 6.0 IELTS (or equivalent) for entry to year 2 of the degree.
•Applications from individuals with non-standard qualifications, relevant work or life experience, and from those who can demonstrate the ability to cope with, and benefit from, degree level studies are welcome to apply and will be considered on an individual basis.
17. Key sources of information about the programme
UCLan Cyprus Website: www.uclancyprus.ac.cy
UCLan Lancashire Business School Website http://www.uclan.ac.uk/lbs
UCLan Cyprus admissions office: Telephone 24812121
Course Leader: Dr Adamos Vlittis
18. Curriculum Skills Map
Please tick in the relevant boxes where individual Programme Learning Outcomes are being assessed
Level / Module Code / Module Title / Core (C), Compulsory (COMP) or Option (O) / Programme Learning Outcomes
Knowledge and understanding / Subject-specific Skills / Thinking Skills / Other skills relevant to employability and personal development
A1 / A2 / A3 / A4 / B1 / B2 / B3 / B4 / C1 / C2 / C3 / C4 / D1 / D2 / D3 / D4
LEVEL 6 / AC3100 / Advanced Financial Accounting / COMP / * / * / * / * / * / * / * / * / * / * / * / * / *
AC3200 / Advanced Management Accounting / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC3300 / Auditing Theory and Practice / COMP / * / * / * / * / * / * / * / * / * / * / * / *
AC3400 / Corporate Finance / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC3500 / Business Strategy / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC3600* / Taxation Theory and Practice / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC3101* / Cyprus Taxation / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
LEVEL 5 / AC2100 / Financial Accounting / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC2200 / Management Accounting / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC2300 / Professional Skills Development / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC2410 / Finance for Managers / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC2500 / Accounting Information Systems & Control Issues / COMP / * / * / * / * / * / * / * / * / * / * / * / *
LA2155* / Companies & The Law / COMP / * / * / * / * / * / * / * / * / * / * / * / * / *
LA2156* / Companies & The Law in Cyprus (Cyprus Only) / COMP / * / * / * / * / * / * / * / * / * / * / * / * / *
LEVEL 4 / AC1100 / Introduction to Financial Accounting / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC1200 / Introduction to Management Accounting / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / * / *
AC1300 / Information Systems and the Business Environment / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / *
EC1002 / Introduction to Economics / COMP / * / * / * / * / * / * / * / * / * / * / * / * / *
LA1511 / Legal Obligations in Business / COMP / * / * / * / * / * / * / * / * / * / * / *
MG1009 / Business Mathematics / COMP / * / * / * / * / * / * / * / * / * / * / * / * / *
LEVEL 4 / AC1500 / Introduction to Accounting and Finance / COMP / * / * / * / * / * / * / * / * / * / * / * / * / * / * / * / *
MG1550 / Introduction to Accounting and Information Systems / COMP / * / * / * / * / * / * / * / * / * / * / *
MA1601 / Introduction to Mathematics and Statistics / COMP / * / * / * / * / * / * / * / * / * / * / * / * / *
EF1705 / English Language 1 / O / * / * / * / *
EF1706 / English Language 2 / O / * / * / *
EF1498 / Academic Writing and Study / O / * / * / *
EB1003 / English Business Communication / O / * / * / *
BU1026 / Business in Context / O / * / * / * / * / * / * / * / * / * / * / * / * / *
EC1500 / Principles of Economics / O / * / * / * / * / * / * / * / * / * / * / * / * / *
*Choice of either module