loughboroughuniversity
Regulations for the Honours Degree Programmes in
economics with accounting : ECUB05
These Programme Regulations refer to the conduct of the Programmes in session 2009/10 and should be read in conjunction with the Regulation XX of the University Regulations and the relevant Module Specifications. Notice of change will be given by the Department responsible for the programme.
1.Structure
1.1Administrative responsibility for the programme rests with the Department of Economics.
1.2The programme leads to the Degree of Bachelor of Science.
1.3The duration of the programme is either 6 semesters or 8 semesters if students undertake a year abroad (Part I) which occurs between Part B and Part C. Permission to transfer to the 8 semester programme will be at the discretion of the Head of Department of Economics
1.4Students must have a total modular weighting of 120 credits per year. This must include the compulsory modules. The remaining optional modules may be chosen to give a 60:60 split over the two semesters, or alternatively, 50:70 or 70:50.
1.5The prefixes on module codes represent the credit levels as follows:
Alevel 4;Blevel 5;Clevel 6.
2.Content
2.1Part A – Economics with Accounting Introductory Modules
Semester 1 and 2 COMPULSORY MODULES:BSA017Financial Accounting Fundamentals / 20
ECA001Principles of Macroeconomics / 20
ECA002Principles of Microeconomics / 20
ECA003Data Analysis / 20
ECA004Quantitative Economics / 20
Semester 1 COMPULSORY MODULES
BSA025 Introduction to law / 10
Semester 2 COMPULSARY MODULES
BSA018Introduction to Management Accounting / 10
2.2Part B – Economics with Accounting
Semester 1
COMPULSORY MODULES:BSB005Management Accounting A / 20
BSB007Intermediate Financial Accounting / 10
ECB001Intermediate Macroeconomics / 20
ECB002Intermediate Microeconomics / 20
ECB004Introduction to Finance / 20
ECB015Economics of the Financial System / 10
OPTIONAL MODULES (Choose ONE):
ECB135Economics of Criminology / 10ECB136Transport Economics / 10
ECB137Economics of Leisure and Tourism / 10
Semester 2
COMPULSORY MODULES:BSB005, ECB001, ECB002, ECB004 as above, plus:
BSB015Company Law / 10
OPTIONAL MODULES (Choose ONE):
ECB030Energy and the Environment / 10
ECB035Economics of the Welfare State / 10
ECB115Financial Institutions, Systems and Markets / 10
2.3Part I : Optional Year Abroad (8 semester programme only)
During the Year Abroad students will undertake a programme of study as specified by the Department of Economics.
2.4Part C – Economics with Accounting
Semester 1
COMPULSORY MODULES:BSC005Advanced Financial Accounting / 20
BSC010Management Accounting and Control / 20
ECC004Financial Economics and Corporate Finance / 20
ECC005Economics of Industry and the Firm / 20
OPTIONAL MODULES:
ECB003Introduction to Econometrics / 20ECC003International Money and Finance / 20
ECC009Public Finance / 10
ECC031International Trade / 10
ECC035Monetary Theory and Policy / 10
ECC101Developments in Macroeconomics / 10
ECC133Economics of Monetary Integration / 10
Semester 2
COMPULSORY MODULESBSC005, BSC010, ECC004, ECC005 as above
OPTIONAL MODULES
ECB003, ECC003Plus:ECC001Developments in Microeconomics / 10
ECC010Game Theory / 10
ECC050Comparative Banking / 10
ECC119Development Economics / 10
ECC139Environmental Economics / 10
ECC140Economics of Transition / 10
OPTIONAL MODULES have a total weighting of 40 from Semester 1 and 2 combined
3.Assessment
3.1Criteria for Progression
a)Part A
In order to progress from Part A to Part B candidates must accumulate 100 credits and obtain a minimum of 30% in remaining modules.
b)Part B
In order to progress from Part B to Part C candidates must accumulate at least 200 credits including at least 100 from degree level modules taken in Part B and obtain a minimum of 30% in remaining modules.
c)Part C
Candidates will be required to obtain 100 credits at 40% or above, plus a minimum mark of 20% in any remaining modules, in accordance with Regulation XX(26).
3.2Criteria for Degree Award
Candidates will be eligible for the appropriate undergraduate award when they have accumulated the following minimum credits.
Degree of Bachelor (Honours Degree)
300 credits, not less than 100 of which shall have accrued from degree level modules taken in Part C, in not less than 6 semesters.
The criteria for completion of Part C and the award of the degree are set out in Regulation XX.
3.3Relative Weighting of Parts of the Programme for the purpose of Final Degree Classification
Candidates' final degree classification will be determined on the basis of performance in degree level Module Assessments in Parts B and C in accordance with the scheme set out in Regulation XX. The average percentage marks for each Part will be combined in the ratio Part B 30% : Part C 70% to determine the final Programme Mark.
A Diploma in Professional Studies will be awarded to students who have satisfactorily completed the programme of study required for Part I.
4.Reassessment
Candidates must accumulate at least 60 credits in a Part of a Programme in order to be eligible for reassessment in the relevant Part during the University’s Special Assessment Period.
Provision will be made in accordance with Regulation XX for candidates who have the right of reassessment in any Part of the programme to undergo re-assessment in the University's Special Assessment Period.
Final year students will be eligible to enter to the University’s Special Assessment Period providing they have accumulated at least 60 credits in Part C as above.
If a student registers to resit a module, they will be required to resit all failed components of that module (ie if their coursework mark was less then 40% they must resit the coursework and if their exam mark was less than 40% they must resit the exam). If a student resits the coursework element of a module and there was more than 1 coursework assignment for that module, then the student would be required to resit all coursework assignments in which they achieved a mark below 40%. Marks for elements of a module not being re-sat will be carried forward.
5.Accreditation for Economics with Accountancy
In order to retain exemptions from foundation-level professional courses (under the requirements of the professional bodies) following graduation, candidates must achieve a minimum mark of 40% overall and 35% in each assessed component in core modules as defined by the various professional bodies for accreditation purposes. The core modules are those in accounting and law.