Compulsory modules
International Financial Accounting and Reporting (15 credits)
The aims of this module are:
- To explore the nature, purposes and roles of accounting in organisations.
- To introduce students to the international regulatory framework of accounting.
- To learn fundamental principles of international financial reporting standards and terms used.
- To master the preparation of statements of profit or loss, statements of financial position and statements of cash flow under international financial reporting standards.
- To establish an awareness of some of the advantages and limitations of financial accounting to help decision making.
Management Accounting: Decision Making (15 credits)
The aims of this module are:
- To introduce students to the concepts and techniques of management accounting.
- To evaluate different overhead cost assignment methods.
- To apply management accounting concepts and tools to support short-term and long-term decisions.
- To examine the budgeting process in planning for profits.
- To develop relevant transferable skills.
Corporate Finance (15 credits)
The aims of this module are to equip students with a working knowledge of the accounting and commercial skills required both to monitor and evaluate company performance, and to understand the financial consequences of business decisions, particularly for relatively small and young firms; be able to critically assess alternatives.
Grand Challenges (15 credits)
The aim of this module is to give students an opportunity to explore grand challenges facing our global society and to propose imaginative solutions to specific challenges in one or more country.
Students will critically reflect on the United Nations Sustainability Development Goals and think about how Loughborough University's Creating Better Futures. Together Strategy might contribute to them.
Students will engage with ideas and approaches to possible solutions from their own programme and gain diverse insights from Loughborough University London's interdisciplinary ecosystem. This will involve solution-oriented thinking and a balance between criticality and possibility, leading to a deep understanding of grand challenges and imagining creative responses to them.