Accounting with Economics
NL41
October 2023
Full-time
3 years
Colchester Campus
Essex Business School
Overview
How are financial and business decisions influenced by economics? How will the economy recover in a post-pandemic world? What impact will the rising cost of living have on business spending and growth?
We make financial and economic decisions every day, at home and in the workplace. Although we may be free to make our own choices, we are influenced by the actions of other people and institutions across the world. BSc Accounting with Economics explores how these decisions are made and examines the external forces driving them.
On this course, you learn how to be a more effective accountant, business consultant or manager by combining accounting knowledge with economic theories. By understanding key accounting principles, as well as how the economy functions, fluctuates and impacts organisations, you can make better informed recommendations that positively influence business strategy and performance, skills which will be in high demand from employers over the coming years.
On our accounting with economics course you are encouraged to take on a paid industry placement in your third year to put your knowledge into practice and further develop your professional skills.
You acquire knowledge and practical skills by exploring a broad range of topics such as:
- financial and management accounting
- the preparation of financial statements
- costing, budgeting and performance evaluation
- micro and macroeconomics
- international trade
In your first year, we also introduce you to important aspects of marketing, management and finance. These core areas ensure you gain a fully-rounded business education, providing a solid foundation for your second and final years and future career.
In your final year, you have the opportunity to put your knowledge into practice by completing an in-depth, independent research project or dissertation. This will give you the chance to further develop vital employability skills in areas of research, time management and critical thinking.
This course combines expertise from two highly ranked departments, Essex Business School (EBS) and the Department of Economics.
Essex Business School is a signatory of the UN Principles of Responsible Management Education (PRME) and champion business ethics and sustainability. We encourage students to make responsible decisions for the good of business and society. Consequently, your course will explore important issues of management accountability and explore the political, cultural and social implications of corporate actions.
Professional accreditation
Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.
Accredited by the Institute of Chartered Accountants England and Wales (ICAEW) for the purpose of exemption from some professional examinations.
Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.
Completion of this course gives you accreditation exemptions from up to nine professional examination papers with The Association of Chartered Certified Accountants (ACCA).
Depending on the module options you choose during your studies, you can currently obtain up to seven exemptions from professional examinations awarded by the Chartered Institute of Management Accountants (CIMA).
This course also enables you to take up to five exemptions for certificate level examinations offered by the Institute of Chartered Accountants in England and Wales (ICAEW).
This means that you can gain a professional qualification by taking fewer exams when you graduate, giving your career a head start.
Why we’re great
- This course gives you exemptions from many professional exams.
- Economics and Econometrics at Essex has been ranked 4th in the UK for Research Power in the UK Research Excellence Framework 2021 (REF 2021).
- We are ranked in the Top 150 for Business and Economics in THE World University Rankings by Subject 2023.
Our expert staff
You are taught by a highly qualified, enthusiastic team of academics and practitioners with wide-ranging research interests. Their expertise ensures you learn about the issues facing today’s accountants and economists.
Essex Business School is an internationally diverse place to study. You’ll often see our academics talking to the media about contemporary business issues.
Our staff specialise in areas including:
- accounting and economic development in the public and third sectors
- regulation and corporate social responsibility
- finance and banking
- accounting and finance in developing economies
- contemporary financial markets and their participants
Lecturer in Accounting Dr Silvia Gaia’s, research covers the fields of corporate governance and financial and socio-environmental reporting. She embeds her learnings in the classes she delivers, particularly related to those covering financial reporting and capital markets so that you benefit from her cutting-edge research.
The Department of Economics is ranked 7th for research outputs in economics and econometrics (Grade Point Average) in the Research Excellence Framework 2021.
Our economics researchers are at the forefront of their field and have even received MBEs. Many also provide consultancy services to businesses in London and other major financial centres, helping us develop research for today’s society as well as informing our teaching for the future.
Specialist facilities
Our BSc Accounting with Economics is based at our Colchester Campus.
In our landmark Essex Business School building – the first zero carbon business school in the UK – you’ll see our sustainable approach to business first-hand. Set around a lush winter garden, are a wealth of inspiring teaching and study zones.
Our new building provides you with superb facilities:
- a virtual trading floor with Bloomberg Terminals offering direct use of Bloomberg data, information and analytics
- light and spacious lecture theatres with ‘listen again’ recording to aid your study
- study pods and innovation booths for group working
- a café with an adjacent sun terrace
- study skills workshops and advice
Our business school is located on the University’s Knowledge Gateway, where you may be able to take advantage of networking and work experience opportunities with businesses located on site.
You also benefit from the learning resources available within our Department of Economics:
- extensive software for quantitative analysis, available in computer labs across the university.
Click below to find out more about the entry requirements, course structure, fees and funding, etc.