Certificate of Higher Education Accounting. Diploma of Higher Education Accounting. COURSE SPECIFICATION: Core Award Data

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1 COURSE SPECIFICATION: Core Award Data Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance AWARDING INSTITUTION The Robert Gordon University INSTITUTION OF DELIVERY The Robert Gordon University COURSE ACCREDITED BY Institute of Chartered Accountants of Scotland Institute of Chartered Accountants of England and Wales Association of Chartered Certified Accountants Chartered Institute of Management Accountants Association of International Accountants COURSE ACCREDITATION / RECOGNITION The BA (Honours) Accounting and Finance degree is fully accredited with The Institute of Chartered Accountants of Scotland. Details of the exemptions given by the other Professional Accounting Bodies can be found on their websites or by contacting UGOffice@rgu.ac.uk. AWARDS Stage 1 Certificate of Higher Education Accounting Stage 2 Diploma of Higher Education Accounting Stage 3 Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 1

2 Placement Route - no exit award Non-Placement Route - Continuing Students - BA Accounting and Finance Non-Placement Route - Direct Entrants - BA Accounting and Finance Stage 4 BA (Honours) Accounting and Finance AWARD TYPE Undergraduate MODES OF STUDY Full-time DURATION OF COURSE BA Accounting and Finance - 3 years BA (Honours) Accounting and Finance - 4 years LANGUAGE OF STUDY English LANGUAGE OF ASSESSMENT English UCAS CODE N420 JACS CODE N400 RELEVANT QAA SUBJECT GROUP Business and Management (General) Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 2

3 DATE OF PRODUCTION / REVISION 01 August 2014 INTRODUCTION TO THE COURSE Accounting and Finance provides organisations with the financial information necessary to manage, control and make decisions. Accountants prepare annual Financial Statements which allow shareholders to monitor their investment. The subject area also includes the study of taxation and auditing. EDUCATIONAL AIMS OF THE COURSE Aims of Stage 1 (Certificate of Higher Education) Stage 1 aims to enable the student to develop a framework of basic knowledge and understanding of the core business disciplines of accounting, finance, economics, management and law. Students will have the skills to perform a basic analysis of the business environment and assess the interaction of these disciplines, draw appropriate conclusions and effectively communicate the results using written, oral and graphical means. Students will develop the basic knowledge and understanding of the academic, technical and professional elements of the core business disciplines necessary to provide the underpinning to allow progression to the Diploma level of the BA (Honours) Accounting and Finance course. Aims of Stage 2 (Diploma of Higher Education) The aim of the course at this stage is to further develop knowledge and understanding of the core academic, technical, legal and professional elements in the fields of financial accounting, managerial accounting, business finance, law, information systems and entrepreneurship. Students will work competently and confidently within their chosen field of accountancy and finance; develop an awareness of the political, social and economic environment influencing accountancy and develop critical awareness and communication skills. Aims of Stage 3 ( Honours Placement Route ) This Stage 3 route aims to enable the student to apply their knowledge and understanding of business disciplines and personal transferable skills in an accounting and finance environment. The student can demonstrate technical and learning skills, staff relations skills, planning and organisational skills, personal and professional skills and communication skills; recognise their own strengths and weaknesses as a potential accountant; develop an understanding of the organisation in which they are placed and critically evaluate the factors which affect its performance; and to apply the theories, models, concepts and principles which they learned in Stage 1 and 2 to the workplace. Students who complete the placement route in Stage 3 are not eligible to exit at this stage, other than with a Diploma of Higher Education. Aims of Stage 3 (Non Placement Routes) The aim for students who undertake this non placement route is to further develop their knowledge and understanding by rigorous study of accounting, auditing, finance and management disciplines; to develop a facility for critical thought, problem solving and independent learning; to develop and to demonstrate an enquiring, analytical and creative approach to the subject areas studied. Students who undertake the non-placement route are eligible to exit with a BA Accounting and Finance degree. Aims of Stage 4 (Honours) Stage 4 aims to enable students to demonstrate a further depth of expertise and detailed knowledge of specialist accounting and finance areas; further develop an ability to analyse and critically appraise problems; demonstrate an adaptability for future employment in the accounting profession and industry and demonstrate an ability to undertake research and extended self study. LEARNING OUTCOMES SCQF Level 7 Stage 1 Knowledge and Understanding: The basic facts and principles of financial accounting, management accounting and finance and demonstrates a working application of these basic facts and principles. The fundamentals of management concepts, economics, human resource management and Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 3

4 business law. The Practical Skills: Communication & Presentation Skills: Communicates in a clear and concise way, in writing and orally, in relatively informal and limited length pieces of work. Numeracy: Demonstrates numeracy skills and ability to manipulate data at a level appropriate to an introduction to accounting and finance. At this level students will be able to undertake accounting calculations in the context of financial and managerial accounting and personal and business finance. IT Skills: Access and uses an accounting software package, word processing, excel and powerpoint. Learning Skills: Studies in a systematic, directed way with the aid of appropriate tutor guidance. Interactive & Group Skills: Interacts effectively with tutors and fellow students; participates in clearly defined group situations. The Intellectual Skills: Application: Carries out application of basic principles and procedures to standard, simple situations, with considerable guidance provided by tutors. Analysis: Demonstrates an ability to analyse with the help of detailed guidance from tutors. Synthesis: Systematically relates a limited number of facts/ideas/elements in an imitative manner, with considerable guidance provided from tutors. Evaluation: Starts to form own value judgements based on criteria provided, albeit very reliant on tutors' evaluative opinions. Problem Solving: Applies basic tools/methods to simple, standard problems, with the help of detailed guidance from tutors. The Key Employability, Enterprise and Transferrable Skills: Demonstrates a basic knowledge and understanding of the business environment and ways in which the core business disciplines interact. and draw appropriate conclusions. Develops an understanding of the academic, technical and professional elements of the core business disciplines. SCQFLevel 8 Stage 2 Knowledge and Understanding: Demonstrates a widening appreciation of the scope and significance of the principles and professional requirements of financial accounting, management accounting and finance for business, business law, quantitative business techniques, business information systems and entrepreneurship. The Practical Skills: Communication & Presentation Skills: Communicates in a clear, systematic and concise way, in more formal academic and professional styles, and in longer pieces of work. Numeracy: Applies more complex numerical and mathematical skills appropriate to financial accounting, management accounting and finance for business. Students will be able to undertake advanced statistical techniques and calculations in a financial, managerial and business finance context. IT Skills: Accesses and uses and accounting software package and excel. Applies a variety of statistical techniques to data contained in spreadsheets. Learning Skills: Learns in an increasingly effective and purposeful way, with beginnings of development as an autonomous learner. Interactive & Group Skills: Demonstrates more advanced interactive and group skills, including effective preparation in more demanding group tasks. The Intellectual Skills: Application: Applies standard principles and procedures to more complex issues in accounting and finance, still with some guidance provided. Analysis: Demonstrates increasing ability to apply classifications and analyse relatively simple situations with some guidance provided. Synthesis: Demonstrates appreciation of need for the relating and marshalling of a range of facts/ideas/elements in an argued case; with some guidance provided as appropriate. Evaluation: Starts to develop own criteria and develops ability to form independent judgements, although still dependent on guidance from tutors. Problem Solving: Applies given tools/methods accurately and carefully to more demanding problems, still with fairly clear guidance. The Key Employability, Enterprise and Transferrable Skills: Develops knowledge and understanding of the core academic, technical,legal and professional elements in the fields of financial accounting, managerial accounting and business finance and related subjects.. Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 4

5 related subjects.. Develops skills to perform in a professional manner in a financial environment. SCQFLevel 9 Stage 3 Knowledge and Understanding: Shows confident familiarity with the broad areas of the knowledge bases of accounting and finance Demonstrates an appreciation of the theoretical concepts and legal and professional requirements of auditing and their practical application. For the student undertaking an industrial placement, the application of accounting and finance principles in a work setting. For the continuing students undertaking the non placement route, the application of accounting, finance and managerial principles in a business project. and further financial and management subjects. The Practical Skills: Communication & Presentation Skills: Engages effectively in a variety of roles; debates; produces clear, well-structured reports and other extended pieces of work; gives clear, subject-specific presentations in a variety of contexts. Numeracy: Learns and applies more complex numerical problems. The student on placement will undertake more specialist calculations relevant to their workplace experience. The student on the non-placement route will continue with numerical development through the business project and accounting and finance modules. IT Skills: Accesses and uses material and packages which will facilitate the analysis and presentation of numerical, tabular and graphical data. Develops and demonstrates competence in the use of IT in either the workplace or the specialist taught modules. Learning Skills: Adopts a broad-ranging and flexible approach to study; identifies learning needs; pursues activities designed to meet these needs in increasingly autonomous ways. Interactive & Group Skills: Interacts effectively within their placement organisation or a learning or subject-specific group; demonstrates basic negotiating and group-support skills. The Intellectual Skills: Application: Demonstrates ability to select and use principles and procedures appropriate to the situation or problem in hand, with minimal guidance required. Analysis: Recognises familiar ideas or principles in new texts or situations; analyses systematically and effectively with minimal guidance. Synthesis: Shows basic ability to relate and marshal facts/ideas/elements in an argued case; with minimal guidance. Evaluation: Identifies a range of valid alternative solutions; begins to discriminate and evaluate in a reasoned, systematic and increasingly independent way. Problem Solving: Begins to self-direct, identify key elements or problems, and choose appropriate methods The Key Employability, Enterprise and Transferrable Skills: Critically appraises the external and internal factors influencing accounting and finance. On placement, the student should demonstrate the general and specialist knowledge, understanding and transferrable skills to undertake a work placement and pursue a career in accounting and finance. The non-placement student should display knowledge and understanding of the academic and professional elements of the course in the context of more complex accounting and finance issues. SCQF Level 10 Stage 4 Knowledge and Understanding: Shows confident familiarity with the defining concepts and features of accounting and finance, including further specialist areas of special relevance or interest. Further develops more advanced and specialist areas of financial accounting, management accounting and corporate finance and of relevant personal and business taxation legislation and corporate ethics. The Practical Skills: Communication & Presentation Skills: Engages effectively in independent roles; debates in a professional manner; produces detailed critiques and coherent reports; gives confident oral presentations. Numeracy: Practices a wide range of specialist numerical and mathematical skills as appropriate to accounting and finance. IT Skills: Practices a wide range of specialist IT skills appropriate to the study of accounting and finance. Learning Skills: With minimal guidance, manages own learning using a wide range of resources appropriate to the the discipline of accounting and the accounting profession. Interactive & Group Skills: Interacts effectively within learning groups; demonstrates appropriate Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 5

6 Interactive & Group Skills: Interacts effectively within learning groups; demonstrates appropriate negotiating and group-support skills to an advanced level. The Intellectual Skills: Application: Carries out confident and accurate selection and application of principles and procedures to the solution of a range of accounting and finance situations and problems, working autonomously. Analysis: Identifies and classifies principles and ideas in new texts or situations; analyses systematically, effectively and critically, working autonomously. Synthesis: Brings together facts/ideas/elements in support of a well-structured argument, working autonomously. Evaluation: Integrates theory with professional practice; autonomously evaluates theory, process, solutions and outcomes critically and effectively. Problem Solving: Is increasingly independent, confident and flexible in identifying and defining complex problems and in the application of knowledge and skills appropriate to their solution, at the threshold of professional competence. The Key Employability, Enterprise and Transferrable Skills: Demonstrates a further breadth and depth of expertise and detailed knowledge of the academic and professional elements of the course to underpin employment in chosen career. Undertakes autonomous study of accounting, finance and related subject areas thereby ensuring the acquisition of the skills necessary for self-directed and deep learning. Deal with complex ethical and professional issues in accordance with current professional practice and ethical codes. Demonstrates an analytical, rigorous and critical approach to problem identification, solution and communication within accounting and finance. Synthesises areas of difficulty, contention and controversy within the academic and professional elements of the course. DISTINCTIVE FEATURES OF COURSE Unique amongst Accounting and Finance degrees in Scotland, this degree has a paid industrial placement route in Stage 3, providing the student with exposure to the rigour and demands of the working accountancy and finance environment. The BA (Honours) Accounting and Finance degree is delivered by a team of full & part-time academic staff. All of the academic staff who lecture on the accounting modules are Chartered Accountants and have extensive experience working in the accounting profession and in industry.. Delivery of the course is also enhanced by the opportunity to hear from guest speakers from the accounting professional bodies and from industry. Students learn in a variety of engaging and challenging ways and are encouraged to become independent learners from the outset of the course. WHAT THE COURSE INVOLVES Teaching There are two semesters in each stage and students will undertake four modules per semester. All modules are compulsory in all Stages of the course. There are approximately three hours of contact time for each module per week. Therefore, there will be approximately 12 hours per week of face to face classes. Typically this involves lectures, tutorials and computer lab based classes. In addition to these face to face classes, students will be expected to undertake further independent reading and preparation of work for tutorials and coursework reports. Placement For those students who join the degree in Stages 1 or 2, an optional 48 week salaried work placement in an accounting or finance environment is available in Stage 3. Assessment The assessment of student work is carried out via a combination of appropriate assessment methods including: Individual reports Individual and group presentations Unseen and closed book examinations Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 6

7 The achievement of Learning Outcomes for each module is assessed by coursework and/or examination with weightings as specified within the Module Performance Descriptor. The assessment method utilised within each module will typically be one or a combination of the above methods dependent on the topic concerned, and the intended learning outcome. Grades The University has developed a Grading Scheme for assessment purposes, details of which may be accessed by visiting It is important to note that all grades indicated to students during the course of the academic session are provisional until the deliberations of the Assessment Board for the course. Provisional grades are presented to this Board, which consists of academic staff involved in the course delivery as well as External Examiners, and a final decision is confirmed on the performance of every student for each module undertaken by them. This is subsequently confirmed to each student in a published transcript, and may be accessed electronically on the Student Portal. PLACEMENT / PROFESSIONAL EXPERIENCE For those students who join the degree in Stages 1 or 2, an optional 12-month salaried work placement in an accounting or finance environment is available in Stage 3. For students opting to follow this route, the placement is an integral part of the degree course and students' progress and contribution on placement are assessed by the placement employer. Students are assigned to a placement supervisor within their organisation who they will report to and who is responsible for assessing the students' progress and achievements. Students are also supported by an academic placement tutor who will visit the placement organisation regularly to ensure satisfactory performance and development. Placement provides an opportunity to apply the skills and learning developed in Stages 1 & 2 and to develop new skills. The flexibility of the course is reflected in the placement and students are able to pursue any aspect of their course into the workplace. The placement scheme is supported by a dedicated School Placement Office which sources placements for undergraduate students. Many of the placements are exclusive placements, available solely to Aberdeen Business School students. Placements are available on a competitive basis and students are required to apply formally for the placements they wish to obtain. Students will normally be expected to participate in a placement interview conducted by the hosting organisation and may be required to participate in an assessment centre process also conducted by the hosting organisation. Current placement employers include Big 4 CA firms, medium and small CA firms as well as multinational companies and financial institutions. After a successful placement, many students are offered a CA Training Contract with the firm on graduation and if this happens then the placement with the firm of chartered accountants can count towards an ICAS training contract requirement. OPPORTUNITIES FOR FURTHER STUDY Most graduates study for a professional qualification with one of the accounting bodies and the degree will usually provide access to postgraduate programmes in UK higher education institutions. EXTERNAL AND INTERNAL INDICATORS OF QUALITY AND STANDARDS The degree is fully accredited with The Institute of Chartered Accountants of Scotland and gains excellent examination exemptions from The Institute of Chartered Accountants of England and Wales, The Association of Chartered Certified Accountants, The Chartered Institute of Management Accountants and Association of International Accountants. The requirements and standards of the Professional Bodies form the basis of the degree. The duties of the External Examiners are contained in Academic Regulation A5: External Examiners The course is aligned with the relevant QAA Benchmark Statement and Scottish Credit and Qualifications Framework (SCQF). Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 7

8 Qualifications Framework (SCQF). ACADEMIC REGULATIONS This course is governed by the provisions of the University's Academic Regulations, which are available at In particular: Regulation A1: Courses Regulation A2: Admission Regulation A3: Section 1: Student Appeals (Awards and Progression) Procedure Regulation A3: Section 2: Student Misconduct Procedure Regulation A4: Assessment and Recommendations of Assessment Boards Entry Requirements Applicants must satisfy the University's general admission requirements for undergraduate and postgraduate courses as contained in Academic Regulation A2: Admission, including proficiency to a minimum standard in the English language. Specific entry requirements for this course are detailed below. SQA Higher: ABBB GCE A level: BBC ILC Higher: AB2B2B2 IB Diploma. 29 Equivalent overseas qualifications and some access programmes will be considered. 2+2 Degree Link Programme Entry to the non placement route in Stage 3 of the course will be possible for those who have completed an HND in Accounting at one of our partner FE Colleges. Equivalent overseas qualifications and some access programmes will be considered. Candidates are not normally interviewed. However if deemed appropriate, the School may exceptionally request an interview. Course-Specific Assessment Regulations The taught Stage 3 routes are available part time whereby 30 credits are undertaken per Semester for two sessions. Not all modules from the Stage will be offered on the Part Time route every session. Modules to be taken from each route each session will be determined by the Course Leader. SOURCES OF FURTHER INFORMATION Further information can be obtained by attending one of the University's Open Days and Applicants' Days or by contacting UGOffice@rgu.ac.uk. EQUALITY AND DIVERSITY The University has a strong commitment to the active promotion of equality across its functions, including its course provision. To this end the University has developed an inclusivity statement which articulates the University's desire to strive towards creating a working, learning and social atmosphere which is inclusive, harmonious and respectful of diversity. The University has also developed an equality and diversity policy and every two years publishes a mainstreaming report, including equality outcomes, which explains how the university is developing and implementing its inclusivity statement. At a course level, course leaders monitor and comment on equalities data through the annual appraisal process. Through this process any significant trends in equalities data are highlighted. Further information can be found at: All Schools have a nominated School Contact who can advise on the requirements of the course and the range of course-specific reasonable adjustments that may be made. The current School Contacts are available from: The University's Disability and Dyslexia Service provides support for students, details of which may be found at: Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 8

9 NOTE This document constitutes one of two course documents that should be read together: Course Specification: Core Award Data Course Specification: Student Learning Experience CONTACT DETAILS Robert Gordon University Garthdee House Aberdeen AB10 7QB Scotland, UK A Scottish Charity, Registration No. SC Telephone: +44 (0) Web: In compiling this information the University has taken every care to be as accurate as possible, though it must be read as subject to change at any time and without notice. The University reserves the right to make variations to the contents or methods of delivery of courses, to discontinue, merge or combine courses, and to introduce new courses. Printed: 14 Apr 2015 Record Number: 0027 Version Number: 8 Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 9

10 DETAILED COURSE STRUCTURE Full-time Stage 1 Semester 1 CREDITS LEVEL BS1111 Financial Accounting 15 SCQF 7 BS1203 Management Concepts 15 SCQF 7 BS1264 Business Ethics 15 SCQF 7 BS2268 Personal and Business Finance 15 SCQF 8 Total for Semester: 60 Full-time Stage 1 Semester 2 CREDITS LEVEL BS1109 Introductory Economics 15 SCQF 7 BS1204 People Management 15 SCQF 7 BS1270 Management Accounting 15 SCQF 7 BS2258 Business Law 15 SCQF 8 Total for Semester: 60 Total for Stage: 120 Full-time Stage 2 Semester 1 CREDITS LEVEL BS2114 Quantitative Business Techniques 15 SCQF 8 BS2225 Advanced Business Law 15 SCQF 8 BS3142 External Reporting 15 SCQF 9 BS3143 Financial Decision-making 15 SCQF 9 Total for Semester: 60 Full-time Stage 2 Semester 2 CREDITS LEVEL BS2201 Finance for Business Decisions 15 SCQF 8 BS2202 Business Information Systems 15 SCQF 8 BS2214 Management and Cost Accounting 15 SCQF 8 BS2294 Business Creation And Growth 15 SCQF 8 Total for Semester: 60 Total for Stage: 120 Full-time Stage 3 Semester 1 CREDITS LEVEL BS2158 International Business 15 SCQF 8 B BS3112 Literature Project 15 SCQF 9 B C BS3142 External Reporting 15 SCQF 9 C BS3143 Financial Decision-making 15 SCQF 9 C Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 10

11 BS3195 Corporate Governance 15 SCQF 9 B BS3212 The Theory Of Auditing 15 SCQF 9 A B C BS3301 Placement 90 SCQF 9 A Route A - Placement Note: Route totals are not equal -> Totals for Semester: Route A: 105 Route B: 60 Route C: 60 Route B - Non-Placement - Continuing Students. This taught Stage 3 route is available part time whereby 30 credits are undertaken per Semester for two sessions. Modules to be taken from the route each session will be determined by the Course Leader. Route C - Non-Placement Direct Entrants. This taught Stage 3 route is available part time whereby 30 credits are undertaken per Semester for two sessions. Modules to be taken from the route each session will be determined by the Course Leader. Full-time Stage 3 Semester 2 CREDITS LEVEL BS2201 Finance for Business Decisions 15 SCQF 8 C BS2214 Management and Cost Accounting 15 SCQF 8 C BS3201 New Business Project 30 SCQF 9 B BS3211 The Practice Of Auditing 15 SCQF 9 A B C BS3918 Money And Financial Markets 15 SCQF 9 B C Route A - Placement Route Note: Route totals are not equal -> Totals for Semester: Route B - Non-Placement Route - Continuing Students Route C - Non-Placement Route - Direct Entrants Route A: 15 Route B: 60 Route C: 60 Total for Stage: 120 Full-time Stage 4 Semester 1 CREDITS LEVEL BS4105 Corporate Financial Management 15 SCQF 10 BS4113 Personal and Business Taxation 15 SCQF 10 BS4209 Corporate Ethics 15 SCQF 10 BS4215 Financial Reporting Issues And Applications 15 SCQF 10 Total for Semester: 60 Full-time Stage 4 Semester 2 CREDITS LEVEL BS4111 Financial Accounting For Groups And Companies 15 SCQF 10 BS4112 Management Accounting Decision-making And Control 15 SCQF 10 BS4214 Corporate and Capital Taxes 15 SCQF 10 BS4308 Business Development And Strategy 15 SCQF 10 Total for Semester: 60 Total for Stage: 120 Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 11

12 COURSE STRUCTURE DIAGRAM SCQF Framework The course structure is based on the Scottish Credit and Qualifications Framework (SCQF). The Framework comprises 12 levels of which Levels 7-10 are directly relevant to the course, as shown below. Students generally enter university education from secondary school at Level 7. Honoursdegree awards are at Level 10. The table also shows Structure of BA (Hons) Accounting and Finance Stage 1 Stage 2 Stage 3 Award / Exit Award Certificate of Higher Education (Exit Award) Diploma of Higher Education (Exit Award) non-placement routes only BA (Exit Award) Scottish Credit +Qualifications Framework (SCQFLevel 7) (SCQFLevel 8) (SCQFLevel 9) Stage 4 BA (Hons) (SCQFLevel 10) Minimum Level + Credit Requirements 120 credits (Minimum of 90 credits at SCQF7) 240 credits (Minimum of 90 credits at SCQF8) 360 credits (Minimum of 60 credits at SCQF9) 480 credits (Minimum of 180 credits at SCQF9 and 10 and a minimum of 90 credits at SCQF10) Number of academic study years to complete the course in the School Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 12

13 COURSE SPECIFICATION: Student Learning Experience COURSE SPECIFICATION: Student Learning Experience Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance STUDENT LEARNING EXPERIENCE The University's ambition is to be consistently one of the best modern universities in the UK. To achieve this ambition, the University focuses on the needs of students, economies and societies, aiming to: enrich the all-round experience of students throughout their engagement with the University; enhance the quality and relevance of taught provision; increase the diversification of the student population; expand the provision of corporate programmes and lifelong learning opportunities; grow internationally excellent research and knowledge exchange activities and reputation; secure economic and environmental sustainability. The University believes a professional education starts with excellent teaching and research within a supporting environment, and is about a lifelong and sustainable approach to working and living. The University's portfolio is informed by its commercial and public sector partners, who are instrumental in helping to develop courses to ensure their relevance for the evolving economy and society. Many include practical experience and placements, and are professionally accredited. These contribute to the University's position as one of the UK's top universities for graduate employment. By combining the best of both academic and professional worlds, the University aims to give its students the best possible start to their careers. A degree from Robert Gordon University is confirmation to a future employer that a student will possess the required blend of learning, skills and experience. COURSE PHILOSOPHY AND OVERVIEW This course provides a stimulating intellectual challenge through rigorous study of accountancy, finance and management subjects. Graduates from the course have a wide range of technical skills and the ability to facilitate creative problem solving, which is an invaluable tool for both organisations and consultancy firms. A number of activities throughout the degree equip the student with the necessary interpersonal skills to become much more rounded than the stereotypical accountant. The results have been striking, with graduates from this course being employed by many leading organisations. TEACHING AND LEARNING STRATEGY The Aberdeen Business School aims to provide leading edge teaching that meets the highest of academic standards within a supportive learning environment. The School encourages the utilisation of a wide range of teaching, learning and assessment methods that provide students with flexibility in their learning, and meets the needs of the students, regardless of age, gender, race or personal circumstance. Through the implementation of techniques such as group exercises, workshops, case studies, and oral presentations, a learning community will be created in which students learn from each other as well as from staff. The involvement of the student in the learning process ensures that he/she has the opportunity to play an active role in their Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 1

14 COURSE SPECIFICATION: Student Learning Experience educational development. In addition, student involvement in the learning process ensures the development of interpersonal skill and professional attitudes as well as analytical, critical and evaluative skills. The focus of the programme on the contemporary needs of businesses encourages the development of a life-long learning ethos. The Course Management Team has an ongoing responsibility for promoting innovative teaching and assessment methods. A diversified assessment strategy has been adopted to promote effective learning as well as enhancing the student's learning experience. The School's Teaching and Learning Committee will monitor developments in these areas, with every module co-ordinator and lecturer being encouraged and supported in the introduction of innovations or enhancements in their teaching methodology and/or assessment techniques. It is recognised that there is an ongoing need to consider other ways to challenge the student, develop his/her transferable skills and inculcate a desire for deep learning. Deep learning is also fostered by providing the student with access to lecture and seminar materials online through a University Intranet that reduces the need for note taking in class and allows them to focus on understanding and digesting information. Throughout the programme the student is encouraged to take an increasing amount of responsibility for his/her own learning, supported by both group and personal tutorials. Assessments in modules normally include a final closed book examination of previously unseen material. This is a requirement for accreditation and exemptions granted by professional accounting bodies. In addition to the examination, in some modules other components of assessment are also used such as closed book class tests held in mid semester under examination conditions, presentations and reports. At Stage One the student acquires theoretical knowledge and understanding of core areas of management and accountancy together with the key professional skills that he/she will require for his/her study and future career. The range of learning activities will include lectures, seminars, computer laboratory work; presentations, small group activities as well as computer based learning and self-study. Assessment in Stage One is designed to form part of the learning process. As such, both formative and summative assessment will be provided. At Stage Two the student will be expected to assume more responsibility for his/her own learning, as the emphasis in learning moves from knowledge towards reflection and critical application of information and ideas. The range of learning activities will include lectures, seminars, computer laboratory work, presentations, small group activities, case studies, and problem-solving activities. Assessment in Stage Two is designed to form part of the learning process. As such, both formative and summative assessment will be provided. At Stage Three the student on the placement route will develop his/her knowledge, understanding and critical appraisal skills in a practical work context. The learning at this stage is clearly student centered; however it is supported both by the work-based supervisor and the Aberdeen Business School Placement tutor. In addition he/she will undertake two distance learning modules in a specialist professional subject. For the student not on placement, he/she will be expected to assume more responsibility for his/her own learning, as he/she undertakes study of more advanced topics in which the emphasis in learning develops from reflection to critical application of information and ideas and evaluation. The range of learning activities will include lectures, seminars, individual and group presentations, small group activities, case studies, and problem-solving activities. Assessment in Stage Three is designed to form part of the learning process, and therefore placements are assessed on an ongoing basis. For taught modules both formative and summative assessment will be employed through different methods of assessments, including examinations, presentations and reports. At Stage Four, the student is expected to take an active role in the management of his/her learning and exhibit a high degree of autonomy in achieving learning outcomes. The student responsibility for his/her learning is further enhanced through techniques such as student led seminars, student facilitated group discussions, case studies, and group exercises. Within these activities the student is encouraged to further develop his/her critical and evaluative skills as well as his/her interpersonal and key transferable skills. Modules in Stage Four are all assessed by final examination and some modules also have mid semester class tests and reports. The student is supported by a range of Learner Support Systems, ranging from Personal Tutors, to academic and professional support from course tutors and from the Study Skills and Access Unit. Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 2

15 COURSE SPECIFICATION: Student Learning Experience ASSESSMENT The Course Management Team has an ongoing responsibility for promoting innovative teaching and assessment methods. A diversified assessment strategy has been adopted to promote effective learning as well as enhancing the student's learning experience. The School's Teaching and Learning Committee will monitor developments in these areas, with every module co-ordinator and lecturer being encouraged and supported in the introduction of innovations or enhancements in their teaching methodology and/or assessment techniques. It is recognised that there is an ongoing need to consider other ways to challenge the student, develop his/her transferable skills and inculcate a desire for deep learning. Deep learning is also fostered by providing the student with access to lecture and seminar materials online through a University Intranet that reduces the need for note taking in class and allows them to focus on understanding and digesting information. Throughout the programme the student is encouraged to take an increasing amount of responsibility for his/her own learning, supported by both group and personal tutorials. In addition, a strategy to rationalise summative assessment to reduce the assessment work-load for students has been followed. Assessments in modules normally include a final closed book examination of previously unseen material. This is a requirement for accreditation and exemptions granted by professional accounting bodies. In addition to the examination, in some modules other components of assessment are also used such as closed book class tests held in mid semester under examination conditions, presentations and reports. Assessment in Stage One is designed to form part of the learning process. As such, both formative and summative assessment will be provided. A diverse range of assessment will be used, with the emphasis being on coursework rather that unseen written examinations. Coursework will include portfolios of work, presentations, reports and essays. Assessment in Stage Two is designed to form part of the learning process. As such, both formative and summative assessment will be provided. A diverse range of assessment will be used, including unseen written examinations. Coursework will include portfolios of work, presentations, reports and essays. Assessment in Stage Three is designed to form part of the learning process, and therefore placements are assessed on an ongoing basis. For taught modules both formative and summative assessment will be employed through different methods of assessments, including examinations, presentations and reports. Assessment in Stage Four is designed to form part of the learning process. As such, both formative and summative assessment will be provided. Modules in Stage Four are all assessed by final examination and some modules also have mid semester class tests and reports. The student is supported by a range of Learner Support Systems, ranging from Personal Tutors, to academic and professional support from course tutors and from the Study Skills and Access Unit. SUPPORT FOR TEACHING, LEARNING AND ASSESSMENT The University provides a number of means of supporting teaching and learning: student induction organised on a course or School basis; an ongoing scheme of personal/pastoral support for students; an extensive programme of student study skills delivered through the Library and the Study Skills and Study Skills and Access Unit; an extensive library of learning resources; close collaboration with industry and professional, statutory and regulatory bodies; the University's active participation in the Scottish Funding Council's Quality Enhancement Themes, support for staff from the Department for the Enhancement of Learning, Teaching and Assessment (DELTA), including provision of a Postgraduate Certificate Higher Education Learning and Teaching course; extensive opportunities for student placements with companies or organisations, academic overseas exchange programmes, and support for entrepreneurial activity; CampusMoodle, the University's dedicated virtual learning environment; a commitment to knowledge exchange and technology transfer through focused research Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 3

16 COURSE SPECIFICATION: Student Learning Experience activity, which contributes to the critical underpinning for all taught courses; the expanding provision of state-of-the-art, purpose-built facilities and buildings. There is no course specific support for teaching and learning. MONITORING OF QUALITY AND STANDARDS There are no course specific methods for evaluation and improvement STUDENT ENGAGEMENT IN QUALITY 'The Bachelor of Arts degree in Accounting and Finance from the Robert Gordon University is highly regarded by employers offering the CA qualification. Over the last few years around 20 graduates per annum have taken up Chartered Accountancy training contracts with a wide range of employers both in the North East of Scotland, and throughout the rest of the UK. The course is seen as highly practical, mixing theory and application at a level, and with a relevance, required by employers. In addition, graduates from Aberdeen Business School have had a very good examination record in the ICAS examinations for many years now. A particular attraction of the course is the work experience year which is highly valued by employers. Many students have found that they have subsequently gone on to complete their Chartered Accountancy training contract with the same employer in which they spent the work experience year. So if a student is looking for a course which is closely tied to the needs of employers and which can, in the long-term, lead to the internationally respected CA qualification, then they should consider the Accounting and Finance course from Aberdeen Business School.' Professor Mark Allison Executive Director, Education The Institute of Chartered Accountants of Scotland 'I really enjoy the Accounting and Finance course at RGU and find it extremely interesting. This is because I have had the opportunity to study a wide variety of different subjects. These subjects are not all accounting based, for example, this Semester I am studying Business Law and Business Information Systems, in which I have had the opportunity to design my own personal website. I feel that this has helped to give me a wider knowledge of the business world and this will no doubt be invaluable throughout my career. In June I begin my placement year with a Chartered Accountancy firm. I am really looking forward to this new experience and I am being given the opportunity to work in both their audit and tax departments. I have never had experience in these areas of accounting before and am really looking forward to the challenge. After graduation I hope to start a training contract with an accountancy firm in order to attain a CA qualification.' Stage 2 Student 'Studying the accounting and finance degree at RGU has been an excellent way of achieving my degree whilst also having the opportunity to gain work experience in a chartered accountancy firm. The accountancy degree is enjoyable, yet challenging with the year's placement in year 3 of the course. The first two years of the degree include varied subjects which keep the degree interesting. Such subjects provide an accountancy and finance education and in addition prepared me for working within a business environment. I currently work for a chartered accountancy firm, which has been a tremendous experience. They have provided me with the opportunity to learn many aspects of the accounting world and what you can do with this degree. This placement has enabled me to be sure that this is what I want to when I finish the degree, and that I wish to carry this on further to do my Chartered Accountancy training. Having this placement is the best way to fully understand the work taught at university, not to mention getting paid for your third year!' 'The key factors that make RGU stand out above other universities are that the staff genuinely seem to care about the students, and every module is carefully thought out to provide the students with opportunities to learn and develop skills that are essential in the workplace. The emphasis on career development is evident throughout the course, with opportunities to attend various careers workshops and employer presentations to gain an understanding of what organisations are looking for when they recruit graduates. RGU provides a realistic representation of the competition for employment and helps students to develop other non academic skills that employers look for. I am currently on placement at one of the Big Four firms in Aberdeen, where I have gained invaluable experience in both audit and accountancy, and I hope to return once I have graduated to work towards the ICAS qualification.' Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 4

17 COURSE SPECIFICATION: Student Learning Experience 'In my Accounting & Finance degree I have had the opportunity to learn in an enjoyable and relaxed environment. The degree has allowed me to take part in modules not only based on accounts but also IT, Corporate Finance and more practical subjects such as Entrepreneurship. This has allowed me to broaden my range of knowledge and these modules will undoubtedly help in my future career. RGU has provided a good balance between coursework and exams and lecturers have always been at hand to answer any problems I have faced. The university itself is very modern and offers some of the best resources both in terms of equipment and staff. It has an excellent, modern library with huge amounts of resources to help with exams and courseworks. There are also several rooms available full of modern computer equipment which are accessible every day of the week. The course at RGU has given me the opportunity to complete a year's work placement. I've been at my placement employer, a leading independent CA firm, working on a wide variety of jobs. My Placement employer has provided me with my first away business trip which was a great experience. I have also been involved in Accounts preparation, Corporate Finance work and other general accounting work. During my placement I believe my learning has increased p dramatically. There is no substitute for experience and RGU provides this in volumes, offering a great opportunity to the start of a successful career.' Stage 3 Students 'I decided to choose the Accounting and Finance degree at RGU because of my first impressions of the environment. I believed RGU to be a modern, friendly and professional place to undertake my studies. In addition I was very keen on the idea of going to work on placement for a year as I did not know whether I wanted to become an accountant and this seemed the perfect way to "test the water". The RGU experience, much to my surprise, has exceeded my expectations and I feel it has opened my eyes to different aspects of business and accounting and finance. When I first thought about going to university there were a lot of people telling me how I would meet plenty of new people. This I have found to be very true, there is a great opportunity to meet a lot of "interesting" people and make new friends. The staff were very approachable with any problems I had and the environment is in my experience good to work in and have a laugh with your mates. The placement year was a great opportunity for me as I was lucky enough to be taken on by a professional accounting firm in Aberdeen. During the placement I was involved in a variety of different roles which I gained great experience from. At the end of the year I was delighted to be offered a position in the firm as a CA trainee. I obviously accepted the position and start my career in July. 'Deciding on what university to go to is a daunting task. With such a variety, which one should you choose? If I had to choose again, I would still opt for RGU because of the placement experience. There is such a wide selection of places that you can select from large international companies to small local firms. My placement was with one of the largest chartered accountancy firms in Aberdeen. It was a super experience as I had the opportunity to work in a variety of departments including personal tax, audit and accounting services. This was extremely useful as it showed me the different type of careers I could have with an accountancy degree. At the end of my placement year I was offered a C.A. training contract with my Placement employer on on graduation from university. This is great as it has meant that I can concentrate on my final year instead of worrying about trying to find a job. My friends who are trying to find a job are having great success due to the fact that they have had a year's experience which students from other universities do not have. Finally, the experience that I gained while working has also helped enormously with my understanding of fourth year modules. I feel that the placement year has developed me as a person and given me the knowledge and experience to make the right decisions about my future within the accountancy profession.' Graduate 'RGU is and always seems to have been number one for graduate jobs. That's a huge incentive for any student and it certainly was for me. Another big reason for choosing RGU is the meaningful work placements. In fact, both reasons overlap, because the company that I did my placement with is now my employer. Nearly all of the lecturers have worked for the Big Four (accountancy firms), so they really know how to teach you skills that you'll use in your future career.' FEEDBACK FROM STUDENTS The Head of Year meets with Student Representatives each semester to discuss their learning experience. Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 5

18 COURSE SPECIFICATION: Student Learning Experience DATE OF PRODUCTION / REVISION 01 August 2014 NOTE This document constitutes one of two course documents that should be read together: Course Specification: Core Award Data Course Specification: Student Learning Experience CONTACT DETAILS Robert Gordon University Garthdee House Aberdeen AB10 7QB Scotland, UK A Scottish Charity, Registration No. SC Telephone: +44 (0) Web: In compiling this information the University has taken every care to be as accurate as possible, though it must be read as subject to change at any time and without notice. The University reserves the right to make variations to the contents or methods of delivery of courses, to discontinue, merge or combine courses, and to introduce new courses. Printed: 14 Apr 2015 Record Number: 0027 Version Number: 8 Bachelor of Arts with Honours [BA (Hons)] Accounting and Finance 6