FdA Business Management with Accounting
-
Key information
UCAS code
- N1N3
Institution code
H36 School of study
Hertfordshire Business School Course length
- Full Time, 2 Years
- Part Time, 2 Years
Location
- Oaklands College
- North Hertfordshire College
- West Herts College
- Hertford Regional College
-
Entry requirements
UCAS points A Level BTEC 48 Made up of at least one A Level (A2), BTEC National Award or equivalent Additional requirements
GCSE: Grade 4/C in English Language and 4/C in Mathematics
Applications will be welcome from those working in relevant employment who may not fully meet the above entry requirements but have a number of years relevant experience.
The University of Hertfordshire is committed to welcoming students with a wide range of qualifications and levels of experience. The entry requirements listed on the course pages provide a guide to the minimum level of qualifications needed to study each course. However, we have a flexible approach to admissions and each application will be considered on an individual basis.
UCAS points A Level BTEC 48 Made up of at least one A Level (A2), BTEC National Award or equivalent Additional requirements
GCSE: Grade 4/C in English Language and 4/C in Mathematics
Applications will be welcome from those working in relevant employment who may not fully meet the above entry requirements but have a number of years relevant experience.
The University of Hertfordshire is committed to welcoming students with a wide range of qualifications and levels of experience. The entry requirements listed on the course pages provide a guide to the minimum level of qualifications needed to study each course. However, we have a flexible approach to admissions and each application will be considered on an individual basis.
-
Professional accreditations
Not applicable.
-
Sign up for alerts
Get access to personalised content, tailored towards your interests:
- Information on your favourite courses
- Tips to help you through the application process
- Blogs, vlogs and advice from current students
Form successfully completed. Thank you.
Please check, and fix the following possible errors:
Why choose this course?
This programme will provide you with:
- An excellent grounding in business and management relevant to the needs of a wide range of organisations.
- An opportunity to develop knowledge in a vocational and work based context.
- An opportunity to gain a nationally recognised qualification in two years of full-time study.
- A progression route to appropriate degree programmes at the University of Hertfordshire.
It has been designed in consultation with employers, and is for those who already have some relevant experience on which to build on or those who are interested in developing their business management knowledge and skills.
The Foundation Degree is available full-time at Oaklands College (Welwyn Garden City), North Hertfordshire College (Stevenage), West Herts College (Watford), and Hertford Regional College (Ware). And part-time at North Hertfordshire College (Stevenage), West Herts College (Watford), and Hertford Regional College (Ware).
What's the course about?
This course is available to UK/EU students only.
Please note that this course is suspended for the 2021 academic year at North Herts College.
This two-year programme is designed to develop your understanding of the role and use of accounting within business and business decision making. You will cover accounting techniques and explore how to prepare financial statements for different types of business enterprise. Additionally, it will develop your understanding of the role of business in society and develop knowledge of the main functional areas; marketing and human resources.
This pathway will provide you with specialist knowledge of the main theories and practices of how organisations are financed, the allocation and management of financial resources within companies and the role of accounting as a guiding mechanism for managerial decision-making. Live pathway specific projects are common in the learning journey.
You are not required to have prior knowledge of business studies or accounting before choosing this subject. You will gain a broad introduction to the subject in your first year and study more specialist subjects in the second year.
Progression routes
All progression routes outlined below are currently valid; however available progression will be updated on an annual basis in accordance with changes in UH provision.
Entry is to Level 5 or Level 6 depending on individual performance and programme specification guidelines. Additional routes may be available to students at the time of FdA completion.
- Business Management - BA (Hons) Business Administration
- Business Management with Accounting - BA (Hons) Business and Accounting, BA (Hons) Accounting and Finance, BA (Hons) Accounting, BA (Hons) Business Administration
- Business Management with HRM - BA (Hons) Business and Human Resources, BA (Hons) Human Resource Management, BA (Hons) Business Administration
- Business Management with Law - BA (Hons) Business Administration
- Business Management with Marketing - BA (Hons) Business and Marketing, BA (Hons) Marketing, BA (Hons) Business Administration
- Business Management with Event Management - BA (Hons) Business and Event Management, BA (Hons) Event Management, BA (Hons) Business Administration
- Business Management with Tourism - BA (Hons) Business and Tourism, BA (Hons) Tourism, BA (Hons) Business Administration
What will I study?
On this programme you will be taught through a combination of lectures, small group tutorials, course work and practical assignments. Throughout you are encouraged to undertake independent study to consolidate your learning and to broaden your knowledge and understanding of the subject.
In addition, you will be exposed to the application of Business and Management skills and knowledge in the workplace through work based learning. You will study work based learning modules in year one culminating in a work based learning project negotiated and agreed with an employer in year two. You will have the opportunity to attend lectures by guest speakers from industry, relevant to your vocational habitus.
-
Level 4
Module Credits Compulsory/optional Accounting for Managers (HRC) 15 Credits Compulsory The module provides an introduction to accounting from the manager's viewpoint. Areas covered include the collection and reporting of accounting information to both internal and external users, as well as the use and interpretation of publicity available accounting information. The role of accounting in supporting the management functions of planning, control and decision-making is also covered. Indicative topics include: - preparation and presentation of a simple income statement and balance sheet, including the need for adjustments such as depreciation, accruals, prepayments and bad debts; - the difference between profit and cash; - interpretation of an income statement and a balance sheet using ratio analysis; - costing: cost behaviour; marginal costing - methods and uses; absorption costing - methods and uses; - budgeting: nature and purpose of budgeting; its contribution to planning, control and motivation in an organisation; preparation of simple budgets. Accounting for Managers (NHC) 15 Credits Compulsory The module provides an introduction to accounting from the manager's viewpoint. Areas covered include the collection and reporting of accounting information to both internal and external users, as well as the use and interpretation of publicity available accounting information. The role of accounting in supporting the management functions of planning, control and decision-making is also covered. Indicative topics include: - preparation and presentation of a simple income statement and balance sheet, including the need for adjustments such as depreciation, accruals, prepayments and bad debts; - the difference between profit and cash; - interpretation of an income statement and a balance sheet using ratio analysis; - costing: cost behaviour; marginal costing - methods and uses; absorption costing - methods and uses; - budgeting: nature and purpose of budgeting; its contribution to planning, control and motivation in an organisation; preparation of simple budgets. Accounting for Managers (OAK) 15 Credits Compulsory The module provides an introduction to accounting from the manager's viewpoint. Areas covered include the collection and reporting of accounting information to both internal and external users, as well as the use and interpretation of publicity available accounting information. The role of accounting in supporting the management functions of planning, control and decision-making is also covered. Indicative topics include: - preparation and presentation of a simple income statement and balance sheet, including the need for adjustments such as depreciation, accruals, prepayments and bad debts; - the difference between profit and cash; - interpretation of an income statement and a balance sheet using ratio analysis; - costing: cost behaviour; marginal costing - methods and uses; absorption costing - methods and uses; - budgeting: nature and purpose of budgeting; its contribution to planning, control and motivation in an organisation; preparation of simple budgets. Accounting for Managers (WHC) 15 Credits Compulsory The module provides an introduction to accounting from the manager's viewpoint. Areas covered include the collection and reporting of accounting information to both internal and external users, as well as the use and interpretation of publicity available accounting information. The role of accounting in supporting the management functions of planning, control and decision-making is also covered. Indicative topics include: - preparation and presentation of a simple income statement and balance sheet, including the need for adjustments such as depreciation, accruals, prepayments and bad debts; - the difference between profit and cash; - interpretation of an income statement and a balance sheet using ratio analysis; - costing: cost behaviour; marginal costing - methods and uses; absorption costing - methods and uses; - budgeting: nature and purpose of budgeting; its contribution to planning, control and motivation in an organisation; preparation of simple budgets. Methods and Systems for Business Decisions (NHC) 15 Credits Compulsory This module will introduce the students to a variety of quantitative techniques commonly used in analysing and solving business and management problems in the modern organisation. The module will involve the use of a variety of statistical and management science software in order to structure, formulate, and solve business problems. The module includes the following topics: project management, probability and normal distribution, basic optimisation methods, linear regression, introduction to forecasting, business software and databases. Methods and Systems for Business Decisions (HRC) 15 Credits Compulsory This module will introduce the students to a variety of quantitative techniques commonly used in analysing and solving business and management problems in the modern organisation. The module will involve the use of a variety of statistical and management science software in order to structure, formulate, and solve business problems. The module includes the following topics: project management, probability and normal distribution, basic optimisation methods, linear regression, introduction to forecasting, business software and databases. Methods and Systems for Business Decisions (OAK) 15 Credits Compulsory This module will introduce the students to a variety of quantitative techniques commonly used in analysing and solving business and management problems in the modern organisation. The module will involve the use of a variety of statistical and management science software in order to structure, formulate, and solve business problems. The module includes the following topics: project management, probability and normal distribution, basic optimisation methods, linear regression, introduction to forecasting, business software and databases. Developing the Business Professional (HRC) 15 Credits Compulsory The module will provide students with an understanding of key topics relevant to business management, such as business culture, functions, operations and the attributes of business professionals. It aims to enhance their academic and professional skills in order to facilitate their transition to higher levels of learning and to the workplace. Students will have the opportunity to carry out self-analysis using different learning styles and personality assessments, understand their team roles and reflect on their continuous professional development. Students will also be able to identify and develop skills and strategies to aid their future studies, and to communicate effectively, both orally and in writing, individually and in teams. The module will enable students to explore and understand the methods used for acquiring, sharing and maintaining knowledge in an organisation. They will also be able to develop skills in gathering, synthesising and managing business intelligence. Methods and Systems for Business Decisions (WHC) 15 Credits Compulsory This module will introduce the students to a variety of quantitative techniques commonly used in analysing and solving business and management problems in the modern organisation. The module will involve the use of a variety of statistical and management science software in order to structure, formulate, and solve business problems. The module includes the following topics: project management, probability and normal distribution, basic optimisation methods, linear regression, introduction to forecasting, business software and databases. Developing the Business Professional (NHC) 15 Credits Compulsory The module will provide students with an understanding of key topics relevant to business management, such as business culture, functions, operations and the attributes of business professionals. It aims to enhance their academic and professional skills in order to facilitate their transition to higher levels of learning and to the workplace. Students will have the opportunity to carry out self-analysis using different learning styles and personality assessments, understand their team roles and reflect on their continuous professional development. Students will also be able to identify and develop skills and strategies to aid their future studies, and to communicate effectively, both orally and in writing, individually and in teams. The module will enable students to explore and understand the methods used for acquiring, sharing and maintaining knowledge in an organisation. They will also be able to develop skills in gathering, synthesising and managing business intelligence. Developing the Business Professional (OAK) 15 Credits Compulsory The module will provide students with an understanding of key topics relevant to business management, such as business culture, functions, operations and the attributes of business professionals. It aims to enhance their academic and professional skills in order to facilitate their transition to higher levels of learning and to the workplace. Students will have the opportunity to carry out self-analysis using different learning styles and personality assessments, understand their team roles and reflect on their continuous professional development. Students will also be able to identify and develop skills and strategies to aid their future studies, and to communicate effectively, both orally and in writing, individually and in teams. The module will enable students to explore and understand the methods used for acquiring, sharing and maintaining knowledge in an organisation. They will also be able to develop skills in gathering, synthesising and managing business intelligence. Developing the Business Professional (WHC) 15 Credits Compulsory The module will provide students with an understanding of key topics relevant to business management, such as business culture, functions, operations and the attributes of business professionals. It aims to enhance their academic and professional skills in order to facilitate their transition to higher levels of learning and to the workplace. Students will have the opportunity to carry out self-analysis using different learning styles and personality assessments, understand their team roles and reflect on their continuous professional development. Students will also be able to identify and develop skills and strategies to aid their future studies, and to communicate effectively both orally and in writing, individually and in teams. The module will enable students to explore and understand the methods used for acquiring, sharing and maintaining knowledge in an organisation. They will also be able to develop skills in gathering, synthesising and managing business intelligence. Economics for Business (HRC) 15 Credits Compulsory This module aims to enable students to understand the economic context of modern business by introducing and developing an appreciation of the utility of economic approaches in studying the business environment. The basic tools and approaches which economists use; demand and supply and industry analysis, among others; will be introduced and applied to help understand the economic issues involved and the public policy which can be derived. Economics, of course, provides one of the key pillars of a solid education in business and this module represents some first steps in this direction as well as highlighting some of the major contemporary issues in our society such as the credit crunch and recession. Economics for Business (NHC) 15 Credits Compulsory This module aims to enable students to understand the economic context of modern business by introducing and developing an appreciation of the utility of economic approaches in studying the business environment. The basic tools and approaches which economists use; demand and supply and industry analysis, among others; will be introduced and applied to help understand the economic issues involved and the public policy which can be derived. Economics, of course, provides one of the key pillars of a solid education in business and this module represents some first steps in this direction as well as highlighting some of the major contemporary issues in our society such as the credit crunch and recession. Economics for Business (OAK) 15 Credits Compulsory This module aims to enable students to understand the economic context of modern business by introducing and developing an appreciation of the utility of economic approaches in studying the business environment. The basic tools and approaches which economists use; demand and supply and industry analysis, among others; will be introduced and applied to help understand the economic issues involved and the public policy which can be derived. Economics, of course, provides one of the key pillars of a solid education in business and this module represents some first steps in this direction as well as highlighting some of the major contemporary issues in our society such as the credit crunch and recession. Economics for Business (WHC) 15 Credits Compulsory This module aims to enable students to understand the economic context of modern business by introducing and developing an appreciation of the utility of economic approaches in studying the business environment. The basic tools and approaches which economists use; demand and supply and industry analysis, among others; will be introduced and applied to help understand the economic issues involved and the public policy which can be derived. Economics, of course, provides one of the key pillars of a solid education in business and this module represents some first steps in this direction as well as highlighting some of the major contemporary issues in our society such as the credit crunch and recession. Introduction to Human Resource Management (HRC) 15 Credits Compulsory Develop students' understanding of management and the purpose of the main activities of HRM. Understand key principles of management, managing self and others and the expectations of a business professional. Identify and develop a series of self-management skills - self-analysis; Reflection and continuous professional development. Links between people management and business objectives. Gather, synthesise and manage related business intelligence. Develop effective communication skills, orally and in writing; individually and in teams. Understand key activities of Human Resources - Role of line manager; interventions used to develop knowledge and skills of employees; managing people for performance, motivation and the link with reward management; diversity of people in the organisation; and relevant employment and equality legislation. Appreciate and apply the principles and policies for effective HRM - effective strategies for encouraging employee collaboration and team working; approaches to implement equality and diversity and compliance with employment and equality legislation. Introduction to Human Resource Management (NHC) 15 Credits Compulsory Develop students' understanding of management and the purpose of the main activities of HRM. Understand key principles of management, managing self and others and the expectations of a business professional. Identify and develop a series of self-management skills - self-analysis; Reflection and continuous professional development. Links between people management and business objectives. Gather, synthesise and manage related business intelligence. Develop effective communication skills, orally and in writing; individually and in teams. Understand key activities of Human Resources - Role of line manager; interventions used to develop knowledge and skills of employees; managing people for performance, motivation and the link with reward management; diversity of people in the organisation; and relevant employment and equality legislation. Appreciate and apply the principles and policies for effective HRM - effective strategies for encouraging employee collaboration and team working; approaches to implement equality and diversity and compliance with employment and equality legislation. Introduction to Human Resource Management (OAK) 15 Credits Compulsory Develop students' understanding of management and the purpose of the main activities of HRM. Understand key principles of management, managing self and others and the expectations of a business professional. Identify and develop a series of self-management skills - self-analysis; Reflection and continuous professional development. Links between people management and business objectives. Gather, synthesise and manage related business intelligence. Develop effective communication skills, orally and in writing; individually and in teams. Understand key activities of Human Resources - Role of line manager; interventions used to develop knowledge and skills of employees; managing people for performance, motivation and the link with reward management; diversity of people in the organisation; and relevant employment and equality legislation. Appreciate and apply the principles and policies for effective HRM - effective strategies for encouraging employee collaboration and team working; approaches to implement equality and diversity and compliance with employment and equality legislation. Introduction to Human Resource Management (WHC) 15 Credits Compulsory Develop students' understanding of management and the purpose of the main activities of HRM. Understand key principles of management, managing self and others and the expectations of a business professional. Identify and develop a series of self-management skills - self-analysis; Reflection and continuous professional development. Links between people management and business objectives. Gather, synthesise and manage related business intelligence. Develop effective communication skills, orally and in writing; individually and in teams. Understand key activities of Human Resources - Role of line manager; interventions used to develop knowledge and skills of employees; managing people for performance, motivation and the link with reward management; diversity of people in the organisation; and relevant employment and equality legislation. Appreciate and apply the principles and policies for effective HRM - effective strategies for encouraging employee collaboration and team working; approaches to implement equality and diversity and compliance with employment and equality legislation. Principles of Marketing (HRC) 15 Credits Compulsory This initial marketing module, which assumes no prior knowledge of marketing, aims to introduce students to some of the key ideas of marketing and is suitable for both marketing and non-marketing students. It examines the environment within which organisations operate and the role of marketing within the organisation so that students can understand the context within which marketing personnel work, and the different activities which are carried out under the umbrella term of 'marketing'. Concepts central to an understanding of marketing are considered - segmentation; targeting and positioning; the product life cycle; the 4Ps; buyer behaviour, etc. Principles of Marketing (OAK) 15 Credits Compulsory This initial marketing module, which assumes no prior knowledge of marketing, aims to introduce students to some of the key ideas of marketing and is suitable for both marketing and non-marketing students. It examines the environment within which organisations operate and the role of marketing within the organisation so that students can understand the context within which marketing personnel work, and the different activities which are carried out under the umbrella term of 'marketing'. Concepts central to an understanding of marketing are considered - segmentation; targeting and positioning; the product life cycle; the 4Ps; buyer behaviour, etc. Principles of Marketing (NHC) 15 Credits Compulsory This initial marketing module, which assumes no prior knowledge of marketing, aims to introduce students to some of the key ideas of marketing and is suitable for both marketing and non-marketing students. It examines the environment within which organisations operate and the role of marketing within the organisation so that students can understand the context within which marketing personnel work, and the different activities which are carried out under the umbrella term of 'marketing'. Concepts central to an understanding of marketing are considered - segmentation; targeting and positioning; the product life cycle; the 4Ps; buyer behaviour, etc. Introduction to Research Methods (HRC) 15 Credits Compulsory This module will introduce students to a range of tools and techniques used for both qualitative and quantitative research. Students will be given the opportunity to develop their research and enquiry skills. Appropriate methods for specific research will be identified. Principles of Marketing (WHC) 15 Credits Compulsory This initial marketing module, which assumes no prior knowledge of marketing, aims to introduce students to some of the key ideas of marketing and is suitable for both marketing and non-marketing students. It examines the environment within which organisations operate and the role of marketing within the organisation so that students can understand the context within which marketing personnel work, and the different activities which are carried out under the umbrella term of 'marketing'. Concepts central to an understanding of marketing are considered - segmentation; targeting and positioning; the product life cycle; the 4Ps; buyer behaviour, etc. Introduction to Research Methods (NHC) 15 Credits Compulsory This module will introduce students to a range of tools and techniques used for both qualitative and quantitative research. Students will be given the opportunity to develop their research and enquiry skills. Appropriate methods for specific research will be identified. Introduction to Research Methods (WHC) 15 Credits Compulsory This module will introduce students to a range of tools and techniques used for both qualitative and quantitative research. Students will be given the opportunity to develop their research and enquiry skills. Appropriate methods for specific research will be identified. Introduction to Research Methods (OAK) 15 Credits Compulsory This module will introduce students to a range of tools and techniques used for both qualitative and quantitative research. Students will be given the opportunity to develop their research and enquiry skills. Appropriate methods for specific research will be identified. Business Law (NHC) 15 Credits Compulsory This module is designed to introduce students to key aspects of business law. It introduces students to the structure of the English legal system, the sources of English law and methods of dispute resolution. It also introduces students to the contract law and the law of negligence, both important to business. It recognises the importance of international influences including European law on English law. By concentrating on these areas, students are provided with a framework to build on in the second year of their studies. Business Law (OAK) 15 Credits Compulsory This module is designed to introduce students to key aspects of business law. It introduces students to the structure of the English legal system, the sources of English law and methods of dispute resolution. It also introduces students to the contract law and the law of negligence, both important to business. It recognises the importance of international influences including European law on English law. By concentrating on these areas, students are provided with a framework to build on in the second year of their studies. Business Law (WHC) 15 Credits Compulsory This module is designed to introduce students to key aspects of business law. It introduces students to the structure of the English legal system, the sources of English law and methods of dispute resolution. It also introduces students to the contract law and the law of negligence, both important to business. It recognises the importance of international influences including European law on English law. By concentrating on these areas, students are provided with a framework to build on in the second year of their studies. Business Law (HRC) 15 Credits Compulsory This module is designed to introduce students to key aspects of business law. It introduces students to the structure of the English legal system, the sources of English law and methods of dispute resolution. It also introduces students to the contract law and the law of negligence, both important to business. It recognises the importance of international influences including European law on English law. By concentrating on these areas, students are provided with a framework to build on in the second year of their studies. -
Level 5
Module Credits Compulsory/optional Exploring Business Ethics (HRC) 15 Credits Compulsory This module aims to examine and reflect on the ethical behaviour of organisations and employees. To apply ethical theories to real and current organisational cases and activities and reflect on what responsibilities organisations have to society. It discusses guidelines, laws and external pressures and the impact these have on the ethical behaviour of organisations. The behaviour of employees and the individual choices that may when faced ethical dilemmas is also analysed. Content includes: ethical theorists, child labour, bribery, price fixing, working conditions, corporate social responsibility and whistleblowing. Exploring Business Ethics (NHC) 15 Credits Compulsory This module aims to examine and reflect on the ethical behaviour of organisations and employees. To apply ethical theories to real and current organisational cases and activities and reflect on what responsibilities organisations have to society. It discusses guidelines, laws and external pressures and the impact these have on the ethical behaviour of organisations. The behaviour of employees and the individual choices that may when faced ethical dilemmas is also analysed. Content includes: ethical theorists, child labour, bribery, price fixing, working conditions, corporate social responsibility and whistleblowing. Exploring Business Ethics (OAK) 15 Credits Compulsory This module aims to examine and reflect on the ethical behaviour of organisations and employees. To apply ethical theories to real and current organisational cases and activities and reflect on what responsibilities organisations have to society. It discusses guidelines, laws and external pressures and the impact these have on the ethical behaviour of organisations. The behaviour of employees and the individual choices that may when faced ethical dilemmas is also analysed. Content includes: ethical theorists, child labour, bribery, price fixing, working conditions, corporate social responsibility and whistleblowing. Exploring Business Ethics (WHC) 15 Credits Compulsory This module aims to examine and reflect on the ethical behaviour of organisations and employees. To apply ethical theories to real and current organisational cases and activities and reflect on what responsibilities organisations have to society. It discusses guidelines, laws and external pressures and the impact these have on the ethical behaviour of organisations. The behaviour of employees and the individual choices that may when faced ethical dilemmas is also analysed. Content includes: ethical theorists, child labour, bribery, price fixing, working conditions, corporate social responsibility and whistleblowing. Enterprise (HRC) 15 Credits Compulsory In this module, students study the nature of enterprise and entrepreneurship, its importance to society and the individual personal opportunities that developing entrepreneurial skills provides. Students will work in teams to identify new business opportunities, and then develop these further into an individual business plan. Enterprise (NHC) 15 Credits Compulsory In this module, students study the nature of enterprise and entrepreneurship, its importance to society and the individual personal opportunities that developing entrepreneurial skills provides. Students will work in teams to identify new business opportunities, and then develop these further into an individual business plan. Enterprise (OAK) 15 Credits Compulsory In this module, students study the nature of enterprise and entrepreneurship, its importance to society and the individual personal opportunities that developing entrepreneurial skills provides. Students will work in teams to identify new business opportunities, and then develop these further into an individual business plan. Enterprise (WHC) 15 Credits Compulsory In this module, students study the nature of enterprise and entrepreneurship, its importance to society and the individual personal opportunities that developing entrepreneurial skills provides. Students will work in teams to identify new business opportunities, and then develop these further into an individual business plan. Financial Management (HRC) 15 Credits Compulsory The module introduces students to the main theory and practice of the financing of companies, the allocation and management of financial resources within a company and the rewarding of the providers of a company's financing. Specific topics covered include: the financial environment; sources of business finance; capital budgeting; cost of capital and capital structure; dividend policy; investment risk, portfolio theory and the capital asset pricing model; valuation of assets, shares and companies; mergers and acquisitions. Financial Management (NHC) 15 Credits Compulsory The module introduces students to the main theory and practice of the financing of companies, the allocation and management of financial resources within a company and the rewarding of the providers of a company's financing. Specific topics covered include: the financial environment; sources of business finance; capital budgeting; cost of capital and capital structure; dividend policy; investment risk, portfolio theory and the capital asset pricing model; valuation of assets, shares and companies; mergers and acquisitions. Financial Management (OAK) 15 Credits Compulsory The module introduces students to the main theory and practice of the financing of companies, the allocation and management of financial resources within a company and the rewarding of the providers of a company's financing. Specific topics covered include: the financial environment; sources of business finance; capital budgeting; cost of capital and capital structure; dividend policy; investment risk, portfolio theory and the capital asset pricing model; valuation of assets, shares and companies; mergers and acquisitions. Financial Management (WHC) 15 Credits Compulsory The module introduces students to the main theory and practice of the financing of companies, the allocation and management of financial resources within a company and the rewarding of the providers of a company's financing. Specific topics covered include: the financial environment; sources of business finance; capital budgeting; cost of capital and capital structure; dividend policy; investment risk, portfolio theory and the capital asset pricing model; valuation of assets, shares and companies; mergers and acquisitions. Analysing Financial Statements (HRC) 15 Credits Compulsory Students will be encouraged to consider specific businesses from the viewpoint of a financial analyst. The module focuses on the skills needed to extract useful information to understand and analyse the three key financial statements in the context of company specific factors, industry specific factors and the wider economy. Students will look at the context of financial statements, they will develop an understanding of the conceptual framework and the role of the financial statements in meeting the needs of users. Students will consider the information available on companies in the public domain and the importance of considering financial statements in context. The three financial statements will be considered in turn and students will calculate accounting extracts and adjustments and develop an understanding of the influence of accounting policies on the preparation and presentation of the financials. Students will calculate ratio’s and discuss the benefit of these as an analytical tool. Analysing Financial Statements (OAK) 15 Credits Compulsory Students will be encouraged to consider specific businesses from the viewpoint of a financial analyst. The module focuses on the skills needed to extract useful information to understand and analyse the three key financial statements in the context of company specific factors, industry specific factors and the wider economy. Students will look at the context of financial statements, they will develop an understanding of the conceptual framework and the role of the financial statements in meeting the needs of users. Students will consider the information available on companies in the public domain and the importance of considering financial statements in context. The three financial statements will be considered in turn and students will calculate accounting extracts and adjustments and develop an understanding of the influence of accounting policies on the preparation and presentation of the financials. Students will calculate ratio’s and discuss the benefit of these as an analytical tool. Analysing Financial Statements (NHC) 15 Credits Compulsory Students will be encouraged to consider specific businesses from the viewpoint of a financial analyst. The module focuses on the skills needed to extract useful information to understand and analyse the three key financial statements in the context of company specific factors, industry specific factors and the wider economy. Students will look at the context of financial statements, they will develop an understanding of the conceptual framework and the role of the financial statements in meeting the needs of users. Students will consider the information available on companies in the public domain and the importance of considering financial statements in context. The three financial statements will be considered in turn and students will calculate accounting extracts and adjustments and develop an understanding of the influence of accounting policies on the preparation and presentation of the financials. Students will calculate ratio’s and discuss the benefit of these as an analytical tool. Analysing Financial Statements (WHC) 15 Credits Compulsory Students will be encouraged to consider specific businesses from the viewpoint of a financial analyst. The module focuses on the skills needed to extract useful information to understand and analyse the three key financial statements in the context of company specific factors, industry specific factors and the wider economy. Students will look at the context of financial statements, they will develop an understanding of the conceptual framework and the role of the financial statements in meeting the needs of users. Students will consider the information available on companies in the public domain and the importance of considering financial statements in context. The three financial statements will be considered in turn and students will calculate accounting extracts and adjustments and develop an understanding of the influence of accounting policies on the preparation and presentation of the financials. Students will calculate ratio’s and discuss the benefit of these as an analytical tool. Global Business (HRC) 15 Credits Compulsory Internationalisation of business is creating a substantial increase in intercultural contact, which is reflected in the skills set of managers operating in a globalised world. Managers need to develop sensitivity to and a critical understanding of issues arising out of cultural difference, and be equipped to manage and operate in diversity. The module will explore themes of: a) history of international trade, b) the role of the IMF, WTO and UNDP c) drivers of globalisation, d) concepts of culture and cultural differences, e) globalisation and MNCs, f) corporate social responsibility. It will also explore related ideas such as ethnocentrism and prejudice. It will look at and draw upon the work of leading theorists, such as Hofstede, Trompenaars and Carroll’s pyramid of CSR in the analysis of cultural difference and globalisation. Global Business (NHC) 15 Credits Compulsory Internationalisation of business is creating a substantial increase in intercultural contact, which is reflected in the skills set of managers operating in a globalised world. Managers need to develop sensitivity to and a critical understanding of issues arising out of cultural difference, and be equipped to manage and operate in diversity. The module will explore themes of: a) history of international trade, b) the role of the IMF, WTO and UNDP c) drivers of globalisation, d) concepts of culture and cultural differences, e) globalisation and MNCs, f) corporate social responsibility. It will also explore related ideas such as ethnocentrism and prejudice. It will look at and draw upon the work of leading theorists, such as Hofstede, Trompenaars and Carroll’s pyramid of CSR in the analysis of cultural difference and globalisation. Global Business (OAK) 15 Credits Compulsory Internationalisation of business is creating a substantial increase in intercultural contact, which is reflected in the skills set of managers operating in a globalised world. Managers need to develop sensitivity to and a critical understanding of issues arising out of cultural difference, and be equipped to manage and operate in diversity. The module will explore themes of: a) history of international trade, b) the role of the IMF, WTO and UNDP c) drivers of globalisation, d) concepts of culture and cultural differences, e) globalisation and MNCs, f) corporate social responsibility. It will also explore related ideas such as ethnocentrism and prejudice. It will look at and draw upon the work of leading theorists, such as Hofstede, Trompenaars and Carroll’s pyramid of CSR in the analysis of cultural difference and globalisation. Global Business (WHC) 15 Credits Compulsory Internationalisation of business is creating a substantial increase in intercultural contact, which is reflected in the skills set of managers operating in a globalised world. Managers need to develop sensitivity to and a critical understanding of issues arising out of cultural difference, and be equipped to manage and operate in diversity. The module will explore themes of: a) history of international trade, b) the role of the IMF, WTO and UNDP c) drivers of globalisation, d) concepts of culture and cultural differences, e) globalisation and MNCs, f) corporate social responsibility. It will also explore related ideas such as ethnocentrism and prejudice. It will look at and draw upon the work of leading theorists, such as Hofstede, Trompenaars and Carroll’s pyramid of CSR in the analysis of cultural difference and globalisation. Management Accounting for Business Decisions (HRC) 15 Credits Compulsory The module is aimed at prospective managers to enable them to understand the benefits and potential pitfalls of using management accounting information when making managerial decisions. Indicative areas covered are: - Description and analysis of management accounting and reporting. - Traditional and modern methods of costing including the treatment of overheads, and the role of such information in driving pricing, mix and investment decisions. - The role, design and implementation of budgetary planning and control systems. - Variance analysis. - Alternative methods of investment appraisal and an assessment of the merits and problems of each. - How to interpret the information generated in order to provide decision-making advice to management. Management Accounting for Business Decisions (NHC) 15 Credits Compulsory The module is aimed at prospective managers to enable them to understand the benefits and potential pitfalls of using management accounting information when making managerial decisions. Indicative areas covered are: - Description and analysis of management accounting and reporting. - Traditional and modern methods of costing including the treatment of overheads, and the role of such information in driving pricing, mix and investment decisions. - The role, design and implementation of budgetary planning and control systems. - Variance analysis. - Alternative methods of investment appraisal and an assessment of the merits and problems of each. - How to interpret the information generated in order to provide decision-making advice to management. Management Accounting for Business Decisions (OAK) 15 Credits Compulsory The module is aimed at prospective managers to enable them to understand the benefits and potential pitfalls of using management accounting information when making managerial decisions. Indicative areas covered are: - Description and analysis of management accounting and reporting. - Traditional and modern methods of costing including the treatment of overheads, and the role of such information in driving pricing, mix and investment decisions. - The role, design and implementation of budgetary planning and control systems. - Variance analysis. - Alternative methods of investment appraisal and an assessment of the merits and problems of each. - How to interpret the information generated in order to provide decision-making advice to management. Management Accounting for Business Decisions (WHC) 15 Credits Compulsory The module is aimed at prospective managers to enable them to understand the benefits and potential pitfalls of using management accounting information when making managerial decisions. Indicative areas covered are: - Description and analysis of management accounting and reporting. - Traditional and modern methods of costing including the treatment of overheads, and the role of such information in driving pricing, mix and investment decisions. - The role, design and implementation of budgetary planning and control systems. - Variance analysis. - Alternative methods of investment appraisal and an assessment of the merits and problems of each. - How to interpret the information generated in order to provide decision-making advice to management. Work Based Learning Project (HRC) 30 Credits Compulsory The Work Based Learning Project will give students an opportunity to expand, develop and apply the knowledge, understanding and skills learnt on the course, with an employer in a work based situation. Students will be encouraged to develop the necessary employer links for their project with the help of the college. Part-time students may choose to dovetail the project into their work. The amount of time spent in the workplace will be negotiated between the student, the employer and the college. For part-time students, the project will usually be hosted by their employers. Employers will usually be SME (small to medium sized enterprises) and may include charitable and voluntary organisations. The Work Based Learning Project is pathway specific and students will be expected to choose a project with content relevant to their specialist pathway. Work Based Learning Project (NHC) 30 Credits Compulsory The Work Based Learning Project will give students an opportunity to expand, develop and apply the knowledge, understanding and skills learnt on the course, with an employer in a work based situation. Students will be encouraged to develop the necessary employer links for their project with the help of the college. Part-time students may choose to dovetail the project into their work. The amount of time spent in the workplace will be negotiated between the student, the employer and the college. For part-time students, the project will usually be hosted by their employers. Employers will usually be SME (small to medium sized enterprises) and may include charitable and voluntary organisations. The Work Based Learning Project is pathway specific and students will be expected to choose a project with content relevant to their specialist pathway. Work Based Learning Project (OAK) 30 Credits Compulsory The Work Based Learning Project will give students an opportunity to expand, develop and apply the knowledge, understanding and skills learnt on the course, with an employer in a work based situation. Students will be encouraged to develop the necessary employer links for their project with the help of the college. Part-time students may choose to dovetail the project into their work. The amount of time spent in the workplace will be negotiated between the student, the employer and the college. For part-time students, the project will usually be hosted by their employers. Employers will usually be SME (small to medium sized enterprises) and may include charitable and voluntary organisations. The Work Based Learning Project is pathway specific and students will be expected to choose a project with content relevant to their specialist pathway. Work Based Learning Project (WHC) 30 Credits Compulsory The Work Based Learning Project will give students an opportunity to expand, develop and apply the knowledge, understanding and skills learnt on the course, with an employer in a work based situation. Students will be encouraged to develop the necessary employer links for their project with the help of the college. Part-time students may choose to dovetail the project into their work. The amount of time spent in the workplace will be negotiated between the student, the employer and the college. For part-time students, the project will usually be hosted by their employers. Employers will usually be SME (small to medium sized enterprises) and may include charitable and voluntary organisations. The Work Based Learning Project is pathway specific and students will be expected to choose a project with content relevant to their specialist pathway. -
Work placement
If you decide to progress to the BA (Hons) top up Degree, you may, subject to guidance and approval, also consider applying for a Work Placement, or Study Abroad opportunity in North America, Europe, Australia, Mexico or Singapore. This study opportunity should be taken before progressing onto your final year of study at the University of Hertfordshire.
Check out our student blogs
Student Blogs
Alastair Lawrence - From college to university
Choosing the right course at university can be hard, and believe me, this isn’t a bad thing. There are so many factors to take into consideration for what is essentially one of the most important decisions you’ll make as a young adult. After spending a few months at another university and realising it just wasn’t the right time in my life for that, I applied for the FdA in Business at West Herts College. This then became BA(Hons) Business and Event Management at the University of Hertfordshire, which was the degree I graduated with three years later. I chose this pathway due to the diversity in options upon completion.
Life at college
Being an undergraduate student at college can take time to adjust to due to the environment of younger students. However, after a while it becomes just like any other academic setting. The timetable was structured well and allowed me to essentially work full time alongside my studies. The available facilities. including the bespoke degree centre for higher education students allowed a suitable environment for independent work, as well as group work and social interaction. The thought of progressing to my final year at the University was daunting at first. However, the staff at Herts were extremely welcoming of any direct entrant students and I got on very well with those on my course. It was great to meet new people and also see those from college around campus. Although I did not make use of it myself, there is more than enough support for direct entrant students. Although I must say, by the time you get to third year… you become slightly too busy to think about transitioning from the college!
University life
The experience at the University is certainly different from that at the college. Whereas at the college you can make the most of tutors being present for the majority of classes, the University modules required more independent learning and thinking. However, this was extremely beneficial for my progression, both as a student and in the workplace. The forms of delivery and assessment really encourage you to develop your creativity and ability to approach a topic. Forming a line of discussion supported by research often led to coming up with well-structured academic writing. Alongside this, working in groups was a common aspect of studying, which not only meant you met new people, but learnt from each other too.
In terms of the social activities at the University, the list is endless. Whatever sport you’re interested in, they have a team for it. Whatever social activity you’re interested in, they have a society for it. Although - if I’m honest - I’m not great at many sports, I played campus football weekly with a few guys I met on my course. We didn’t do too well… but it was definitely fun to get out on a pitch once a week.
Finishing university can be as intimidating as starting. Suddenly you wake up and think… wow… what do I do now? The thought of packing your bags and jetting off travelling can be very attractive at first. However, to each their own. With the COVID-19 pandemic unfortunately in full swing upon completion of my degree, options were limited. The University realised this and attempted to ensure every student left knowing that there is something out there for everyone.
The future
So, you may be wondering what I’m doing now a year after graduating? Funnily enough, I now work as a business lecturer at West Herts College - the consortium college I previously attended. I expressed an interest in teaching in my second year, and was lucky enough to get a role in the energetic business department working alongside some of my previous lecturers. Having a combination of both workplace and academic experience helped me to progress in a role despite my lack of previous teaching experience.
Thank you to everyone I met at both West Herts College and the University of Hertfordshire.
-
What's next for my career?
Foundation Degree graduates progress to a wide variety of careers in areas such as Business Management, Finance, Accounting, Marketing, Human Resource Management, Law, Tourism and Event Management.
Alternatively you may progress to BA (Hons) in Business Administration or an alternative specialist Honour Programme at the University of Hertfordshire.
As part of the Foundation Degree, you will have access to the Careers, Employment and Enterprise Department at the University of Hertfordshire. The University offers dedicated individualised support to help students identify possible careers and employers as well as support for start-up businesses.
- Further information - includes assessment method
-
How to apply?
2021
Start Date End Date Year Location Link 12/09/2021 31/05/2022 1 Hertford Regional College Apply online (Full Time) 12/09/2021 31/05/2022 1 Oaklands College Apply online (Full Time) 12/09/2021 31/05/2022 1 West Herts College Apply online (Full Time) 11/09/2021 31/05/2022 2 Hertford Regional College Apply online (Full Time) 11/09/2021 31/05/2022 2 Oaklands College Apply online (Full Time) 11/09/2021 31/05/2022 2 West Herts College Apply online (Full Time) 11/09/2021 31/05/2022 2 North Herts College Apply online (Full Time) 11/09/2021 30/09/2022 2 North Herts College Apply online (Part Time) 2022
Start Date End Date Year Location Link 12/09/2022 31/05/2023 1 North Herts College Apply online (Full Time) 12/09/2022 31/05/2023 1 Hertford Regional College Apply online (Full Time) 12/09/2022 31/05/2023 1 Oaklands College Apply online (Full Time) 12/09/2022 31/05/2023 1 West Herts College Apply online (Full Time) 11/09/2022 31/05/2023 2 North Herts College Apply online (Full Time) 11/09/2022 31/05/2023 2 West Herts College Apply online (Full Time) 11/09/2022 31/05/2023 2 Oaklands College Apply online (Full Time) 11/09/2022 31/05/2023 2 Hertford Regional College Apply online (Full Time) 12/09/2022 30/09/2023 1 Hertford Regional College Apply online (Part Time) 12/09/2022 30/09/2023 1 North Herts College Apply online (Part Time) 12/09/2022 30/09/2023 1 West Herts College Apply online (Part Time) 11/09/2022 30/09/2023 2 North Herts College Apply online (Part Time) -
Fees and funding
Fees 2021
UK Students
Full time
- £6165 for the 2021/2022 academic year
Part time
- £770 per 15 credits for the 2021/2022 academic year
EU Students
Full time
- £6165 for the 2021/2022 academic year
Part time
- £770 per 15 credits for the 2021/2022 academic year
*Tuition fees are charged annually. The fees quoted above are for the specified year(s) only. Fees may be higher in future years, for both new and continuing students. Please see the University’s Fees and Finance Policy (and in particular the section headed “When tuition fees change”), for further information about when and by how much the University may increase its fees for future years.
View detailed information about tuition fees
Read more about additional fees in the course fact sheet
Other financial support
Find out more about other financial support available to UK and EU students
Living costs / accommodation
The University of Hertfordshire offers a great choice of student accommodation, on campus or nearby in the local area, to suit every student budget.
Due to the ongoing Coronavirus pandemic, examinations may be replaced by an alternative form of assessment during the academic year 2020/2021. Please refer to the Programme Specification on these pages for further details.
Please note that some of the images and videos on our course pages may have been taken before social distancing rules in the UK came into force.