International Finance (BIFin)

Contents

Level 1

- Introductory Financial Accounting - where the basic concepts of accounting practice, including bookkeeping and the production of external financial reports, are introduced

- Introductory Management Accounting - where students are introduced to the foundations of costing and accounting for planning and control

- Statistics - where statistical methods such as probability theory and regression analysis are presented, as well as other quantitative techniques relevant to modern business activity

- Information Systems - provides hands-on experience of the modern software applications relevant to accounting and finance as well as introducing students to some of the theoretical concepts relevant to the processing of information in large organisations.

- Global Economic Perspectives - uses practical examples to illustrate how economic principles apply to real world situations, for example the manner in which modern competitive markets operate.

- Foundations of Economic Analysis - introduces students to fundamental economic concepts such as pricing theory, resource allocation and fiscal policy.

Level 2

The modules in Level 2 are designed to build on and develop the theoretical and practical material covered at Level 1.

- Intermediate Financial Accounting - builds on Level 1 by introducing students to UK regulatory requirements and some key contemporary accounting issues such as accounting for goodwill

- Intermediate Financial Management - builds on some of the material covered in Level 1 by introducing students to techniques used in practice to appraise financial and capital investments as well as discussing working capital management and long-term fund raising

- Financial Decision Analysis - examines the modern techniques used in financial decision analysis including linear programming, queuing and inventory modelling

- Microeconomics - builds on the material by considering topics such as business interaction in competitive markets and the link between corporate decisions and the cost of goods and services.

- Macroeconomics and Economic Statistics - adds depth to the issues covered in Level 1 by introducing students to the debate about appropriate monetary and fiscal policies as well as explaining the methods used in analysing open economies. This module also comprises a section on the use of statistical techniques in economic analysis.

- International Accounting and Finance

Level 3

Performance in the first two Levels helps to determine whether students are offered the chance to study for the Honours version of the degree (awarded after four years) or the non-Honours version (awarded after three years). In both cases, the material builds directly on issues covered in earlier years. Students taking both the Honours and the non-Honours versions of the degree take five modules at Level 3. Honours students proceed to take a range of compulsory and elective modules at Level 4.

- Microeconomic Analysis

- Advanced Financial Management

- International Capital Markets

- Taxation

- Macroeconomic Analysis

Level 4

- Financial Management Theory

- International Finance

plus

- Three Level 4 modules

Level 4 modules may include:

- Advanced Financial Accounting

- Social and Environmental Accounting and Reporting

- Fiscal Studies

- Financial Statement Analysis

- Advanced Management and Information Systems

- Security Analysis and Portfolio Management

- Financial Institutions

- Econometrics

- Risk and Information

- Human Resources

- Business Strategy

- Economics of the European Union

- Regional Economics

- Financial Economic Analysis

- Business Decisions

- Economics of Globalisation

- Government and Business

(Not all options will be available in any one year)