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BA (Hons) Finance and Economics
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.
This course includes the sandwich year options of:
*No fees are charged for this year
Why choose this course?
- Understand the role economics and finance play in analysing current problems.
- Develop a firm understanding of key business functions, the industrial structure of market economies and the global environment.
- Learn how to analyse data from a financial point of view.
- Enhance your experience through a 12-month work placement or study abroad year.
What's the course about?
This course combines two highly respected subjects to give you a powerful business degree with real career potential. You’ll learn from Hertfordshire Business School’s highly experienced, research-active academic team. You’ll develop an in-depth understanding of the role finance and economics plays in the health of an economy, as well as have the opportunity to become part of a new generation of international financial experts.
As well as deepening your knowledge of these important areas, your lecturers here at Hertfordshire will be firmly focused on your employability, giving you the advanced skills that employers today demand.
What will I study?
Alongside traditional teaching methods of lectures, seminars and tutorials, we operate a web-based student support system called StudyNet where you can expect to find a range of material and communications about every module.
The teaching method for most modules on the course is a one hour lecture followed by a one hour seminar. Typically, a new topic will be introduced in each lecture. The seminars provide an opportunity to discuss and obtain feedback on the topic introduced in the previous week's lecture. Usually, assessment is split between coursework and examination. Coursework may take a variety of forms and could be individual or group work.
Kayleigh - Week at a glance
My week at a glance
At the beginning of each week, I write up my lecture PowerPoints ready to take with me to my lectures so I can add notes to it during the lecture. I find that writing up my lectures helps me to take in the information given to us. I tend to do my reading in bits throughout the week to help break it up, but I make sure it’s done before I go to the relevant lecture. I find doing this betters my understanding of the topic that is going to be covered in that lecture!
For each Accounting module, I had an hour lecture and an hour seminar each week! For French, I had a two-hour lectorial, which is a lecture and seminar in one session! I went into university three days of the week for lectures and seminars; I had two days at home!
Towards the end of October, assignments start to get set so you have a lot more work to be doing. I like to start the research for my assignments when they get set. Don’t leave them until the last minute, you’ll do much better when you have time to think about what you’re going to write! Managing your time between assignments and work for your lectures can be difficult but if you make yourself a plan, you’ll be fine!
I lived at university, so I also had to find time to get my weekly food shop. I tended to go on one of my days off in the morning and then in the afternoon, I could get back to my uni work! I would also work for the university on open days and other events as a student ambassador, so I also had to factor that into my schedule. You need to make sure you have some time for yourself so you can wind down, you don’t want to overload yourself! I like to spend a day of the weekend watching Netflix or meeting up with friends!
Kayleigh - Things you should know
Things you need to know before studying Accounting at Herts
There can be some preconceptions of what accounting is; it is NOT all maths! There is a lot of maths involved in the course, but it is not complicated maths so don’t worry, there is also a lot of written aspects too. There are several types of accounting ranging from financial to management accounting, all of which you cover over the three-year course! All the lecturers are chartered accountants, and most have worked in the industry for a significant amount of time and they have so much information for you. They’re always willing to help you as much as they can!
With any degree, there is a lot of reading. You use a different textbook for each module, and they set reading weekly for you. Most of the textbooks are on the online library and so are free to access so don’t go buying the textbooks straight away. For certain modules, doing the reading helps deepen your understanding of the topic significantly. For me, doing the reading for my Taxation module helped me to better understand the topics we studied but don’t try to do it all at once because you won’t take any information in. Remember to break it up so you don’t overload yourself!
You will be assessed in both exams and assignments for the course. Your assignments can range from an essay or a report but could also be a presentation in a group. Most modules have a mixture of exams and assignments so don’t stress too much about doing exams because you have your assignments to fall back on if necessary.
I would highly recommend that future students research what a chartered professional qualification is and the different bodies that offer them. Once you complete your degree in accounting it does not mean that you are a fully qualified accountant; you will need to complete a chartered qualification. The University offers a different amount of exemptions upon completion of the course from ACCA (Association of Chartered Certified Accountants), ICAEW (Institute of Chartered Accountants in England and Wales) and CIMA (Chartered Institute of Management Accountants). In your first year, ACCA comes in for a highly informative talk. In this talk, they encourage you to sign up to their ACCA accelerate scheme. I would highly recommend this, the cost savings for yourself in the future is beneficial. They also send you emails keeping you up to date with everything that’s going on.
Accounting can be a difficult degree but don’t stress. Planning your time wisely and being organised with assignments will make an enormous difference. Don’t forget to enjoy your time at university and make as many new friends as you can! Good Luck!
Kayleigh - Why I chose Herts
Why I chose Herts
The first reason being that Herts had the perfect course for me, Accounting with French. Herts allows you to do a language alongside a business degree which not that many other universities offer! Not only do I receive several exemptions from my professional accounting qualification, but I also got to continue studying French, which is something I really enjoyed at college and wanted to continue at university!
Herts is remarkably close to London but it’s not in London. This is perfect for me because I moved from living in a village in the countryside to quite a busy town! I come from north Lincolnshire so Herts is also far enough from home that I would have to be completely independent but not too far that it would take me all day to travel home. Well a three-hour drive to me isn’t that bad anyway. I have lived in halls and off-campus for all three years of university! This has allowed me to meet so many people and some of my best friends! Also, this meant that I was never more than a five-minute walk from the Learning Resource Centre (LRC) on campus that is open 24/7, great for when you have deadlines looming.
When I visited Herts for the first time on my applicant day, I had the best day! I met three of the lecturers that have taught me over the past three years of university, which was reassurance the lecturers were lovely! My French teacher was so encouraging and excited! When I started in September there were only five people in my French class, so it was very one to one which was so beneficial to me overall!
I know that moving away from home for the first time can be very daunting, but don’t worry! Everyone in your halls is in the same boat! Go out and enjoy freshers! Order takeaways together and get to know each other! It will be one of the best things you do! My self-confidence has improved so much because I went to university!
Meet Abbshay Simfukwe who since graduating in 2010 has taken his skills across the world. He is currently working as a Financial Administrator for FSG Zambia and continues to work on this promising career.
|Current job role||Financial Administrator|
|Year of graduation||2010|
|Course of study||BA (Hons) Accounting and Finance|
Throughout his career Abbshay has worked at Ernst and Young as an Audit Assistant and was later promoted to Audit Senior. In his current role, Abbshay develops and maintains accurate financial statements, reporting in accordance to International Accounting standards. He also manages the cash flow of the company.
Abbshay says, 'Studying Accounting and Finance at the University of Hertfordshire helped shape my career due to the facilities and expert lecturers. These were essential, helping me acquire the knowledge needed to succeed in my chosen career. The LRC was a great place to access all the materials I needed and my lecturers made my academic experience engaging and interactive. Since studying I've been able to put this experience into practice professionally.'
He chose to study at the University of Hertfordshire due to our strong reputation and our close proximity to Central London. He also says he considered the University to be one of the most technologically advanced institutions in Europe. These factors were hugely important as they allowed Abbshay to obtain a high-quality education that carried great value back home in the Zambian accounting industry.
Studying provided Abbshay with an internationally recognised degree which he could take all around the world. Accountancy is a truly global industry, presenting opportunities to visit and work in new countries worldwide. This was of enormous value to Abbshay as he intended to establish an international career.
Abbshay says, 'The University of Hertfordshire also provides students with incredible social and educational activities and the close proximity to Central London is perfect for visiting the capital. The University also has a wonderful community of people from all over the world.'
He adds, 'Social events held by the University's Students' Union helped me meet, interact and share knowledge with people from different cultures.'
Aspirations for the future
Abbshay is a strong advocate of continued study and pursuing accountancy as a career. He says, 'I encourage new students and recent graduates to pursue a career in accountancy as it can offer excellent job prospects. With a strong degree graduates can work their way right to the very top of an organisation.' With six years in the industry, Abbshay hopes to obtain his PhD in 2020 in Finance. On this future career, he says 'I wish to be a CFO and contribute to the growth of an internationally recognised company.'
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.