Learning, Teaching and Quality Committee PROGRAMME SPECIFICATION FOR AWARDS MADE BY THE UNIVERSITY OF EAST ANGLIA Note 1: For existing courses, please complete sections A, B, C and G. For new courses or major modifications to existing courses that have no additional resource implications (i.e. fast-track ), please complete sections A, B, C, D, F and G. For new courses that have resource implications, please complete ALL sections Note 2: Sections A, B and C will be made available on the intranet. Sections D, E, F and G will be used for internal approval purposes only. SECTION A: PROGRAMME DETAILS (for 2013-14) 1. School of Studies (A/S) NBS... (Note: only one School/Centre should register students: please indicate which) 2. i) Teaching Institution (A/S) UNIVERSITY OF EAST ANGLIA... ii) Placement(s)/ (A/S) YES NO * Work-based Practice iii) Please indicate type (A/S) (e.g. year in industry) 3. Final Award (BA/BSc (Hons) (A/S) BSC (HONS)...... MA/MSc etc.) 4. Professional Award(s) (if any) (A/S) 5. Programme name (s) (A/S) ACCOUNTING AND FINANCE.. ACCOUNTING WITH MANAGEMENT.
6. i) Exit Awards below final (A/S) YES * award If YES, please specify CERTIFICATE OF HIGHER EDUCATION (120 CREDITS) DIPLOMA OF HIGHER EDUCATION (240 CREDITS) 7. UEA Course Code(s) (A) N400U1B.... N4N2U1B.. 8. UCAS Code (s) (A) N400... (if different from 7).. N4N2.. 9. Length of Programme (A/S) 3 YEARS... 10. Mode(s) of Attendance (A/S) F-T * (Please tick as appropriate) P-T D-L 11. Course Director(s) (A/S) N400 Mr Peter Russell N4N2 Dr Octavian Ionescu..... Course Code... Course Code... Course Code... 12. Relevant Subject Benchmarking (S) ACCOUNTING. Statements [GENERAL AND BUSINESS MANAGEMENT]........... 13. Start date (for new course proposals) (S) Course code Date Course code Date Course code Date Course code Date Course code Date
14. i) Accreditation/Professional Body Association of Chartered (where applicable) Certified Accountants (ACCA) Chartered Institute of Management Accountants, (CIMA) Institute of Chartered Accountants in England and Wales (ICAEW) ii) Date of original accreditation/recognition (S/O) Accredited at introduction of by Professional Body degree course iii) Most Recent Accreditation Date (S/O) Regular updating process revised 2013 15. (For existing programmes) i) Date of most recent University (S) COURSE REVIEW 2008/9 periodic review ii) Date of next University (S) COURSE REVIEW 2014/5. periodic review 16. Date of approval of programme specification (A) HAP LTQE 6 May 2003 NB S = School entry A = Academic Division entry O = Optional field
SECTION B: EDUCATIONAL AIMS AND OUTCOMES (Please see guidance notes) B1 Educational Aims of the Programme (S) (Include any distinctive/innovative features/route pathways) N400, N4N2 To provide high quality accounting degrees relevant to industry commerce and the professions. To offer, after a common first year whereby students from a variety of backgrounds acquire foundation knowledge and skills, a choice of programmes and modules which allow students to develop their interests and career plans. To introduce students to current research issues in accounting and finance. To develop and enhance a range of skills that equips graduates for a variety of future career and life opportunities. N400 To provide a programme in accounting and finance particularly appropriate to those seeking to undertake further postgraduate study in accounting or to enter the accountancy profession. N4N2 To provide a programme introducing the knowledge and skills necessary for the management of organisations. Programme Outcomes (S) B2 The programme provides opportunities for students to develop and demonstrate knowledge, understanding, cognitive, subject specific and key skills and other attributes in the following area: The accounting related degrees enable students to acquire a knowledge and understanding of the theory, practices and contexts of accounting. Depending on the choice of degree programme, students may further develop their knowledge and understanding of accounting or management. The degrees also enable students to develop written and oral communication skills, to develop their abilities to work with others, to tackle and solve problems using quantitative, IT and other methods, and, more generally, to develop and improve their learning capabilities. After a common first year with students from the N200 degree students can choose to emphasise their preferred choices whether in the specialist accounting degree N400, or the more broadly based accounting with management degree N4N2.
B3 a b Knowledge and understanding N400, N4N2 Supporting subjects and contexts of accounting - business and economic environment, information technology, elements of quantitative methods. Language and practices of financial accounting, including: recording of financial transactions; preparation, analysis and interpretation of financial statements; theory Teaching/learning methods and strategies The acquisition of knowledge and understanding is facilitated by a teaching and learning strategy which involves the use of lectures, workshops and small group seminars. Lectures normally consist of slides and commentary but use is also made of short discussions, worked examples, videos. Seminars include presentations, discussions of cases and exercises, computer workshops. Lectures and seminars encourage students to
c d e f g and practice of financial reporting. Language and practices of management accounting & finance, including: recording of costs; costing methods; decision-making; planning and control; investment appraisal; capital structure and financing decisions; capital markets. Alternative languages and practices of accounting, for example, alternative recognition and measurement rules, behavioural approaches. Theories and evidence concerning accounting in the context of the firm and of capital markets. N400 Further supporting subjects and contexts of accounting, including: information systems; business and company law; quantitative methods. Languages and practices of auditing including: independence; internal control; conduct of an audit; true and fair; and, challenging the conventional wisdom of accounting theory and practice. become self-learners by, for example, undertaking further reading, using computer packages, exploring the internet. Assessment A variety of assessment methods, including unseen examinations, are used in different modules. The School's TMG permits examination/coursework assessment in the following proportions: 100/0%; 80/20%; 50/50%; 0/100%. Most specialist 'accounting' modules are 80/20%. Coursework assessment methods include: cases; essays; exercises; presentations; reports. h i N4N2 Contexts of management, including: marketing; organisational behaviour; operations strategy and management. Further optional topics in accounting and management, including: financial accounting; management accounting; auditing; taxation; information systems; quantitative methods; economics for international business; business ethics; behavioural aspects of marketing; interactive marketing; strategic management; entrepreneurship and small business management; human resource management; new technology and employment.
B4 a b c d e Cognitive Skills N400, N4N2 Analyse and interpret financial and other data. Identify and solve problems. Relate theory and practice. Criticise and question. Reason and argue. Teaching/learning methods and strategies Intellectual skills are developed in the teaching and learning strategy outlined above. They are fostered by contact with UEA faculty (and outside lecturers) in lectures and, more particularly, in seminars. Face to face contact with students provides a rich and appropriate vehicle for the delivery of high quality teaching. Lectures to large groups are an economical way of delivering information, allowing lecturers to comment on topical issues and to convey enthusiasm for a subject. Seminars with small groups are designed to apply lecture material and deepen understanding, and are conducted so as to allow greater student participation and involvement. Each module seeks to develop intellectual skills but with the emphasis changing as students progress through the programme. Thus, in the first and second years, the emphasis is more on analysis and problem solving whereas, in the third year, the emphasis is more on challenging and questioning accepted theory and practice. Assessment To assess the acquisition of intellectual skills, a variety of assessment methods are used. The predominant method is by unseen examination. Coursework also assesses these skills using, for example, cases, exercises, essays, individual and group presentations and reports. Level 1 and 2 modules tend to emphasise the ability to analyse and interpret financial and other data and to identify and solve problems. Level 3 modules tend to emphasise the ability to relate theory and practice, to criticise and question, and to reason and argue. Assessment criteria are stated for each coursework assignment. Feedback on achievement against these criteria is provided to students via a coursework coversheet. Students can discuss their performance individually with lecturers.
B5 a b c d e f g Subject Specific/Practical Skills N400, N4N2 Undertake financial accounting calculations, including: recording financial transactions; preparing and analysing financial statements. Perform calculations and use models in management accounting and finance, including: return on investment; relevant costs and revenues; standard costs and variances; net present value; cost of capital; valuation of shares; risk and return. Undertake relevant numerical and statistical calculations, including: average; standard deviation; correlation; regression; hypothesis testing. N400 Comprehend and use relevant communication and information technologies for application in business and management. Apply legal ideas and knowledge to a range of problems and situations in business and management. Know how to undertake the external audit of a limited company from appointment and engagement through to reporting to shareholders. Engage in critical thinking and analysis. Teaching/learning methods and strategies These practical skills are introduced in first year modules and are further used and developed in second and third year modules. Module outlines indicate appropriate preand/or co-requisites. Material is introduced in lectures and applied in seminars and workshops. Accounting and numerical and statistical skills involve calculations by hand (with the aid of a calculator) and, where relevant, by computer using a spreadsheet or other package. Skills in accounting and finance are developed in compulsory level 2 modules in Financial Accounting, Management Accounting and Business Finance. Depending on degree programme, students will continue to study level 3 modules in Accounting. Also, depending on the degree programme, students will further develop skills in accounting or management. Most modules reflect the research interests of individual lecturers, and current topics, for example, the case of Enron, may be debated in a number of modules such as the level 2 Business Ethics and Business and Company Law modules and the level 3 Financial Accounting and Auditing modules. Assessment These skills are assessed by coursework (using exercises, cases, presentations, reports) and by examination. h i N4N2 Analyse the marketing strategy and its implementation in businesses in a variety of contexts. Apply ideas on the behaviour of individuals and groups to the design of organisations. Undertake an analysis of the strategy and operations of businesses in a variety of contexts. k
B6 a b c d e f Key Skills and Attributes N400, N4N2 Communicate both orally and in writing to specialists and non-specialists. Manage time and work to deadlines. Work independently Work in groups Use information technology, including: word processing; spreadsheets; e-mail; internet. Use quantitative and qualitative information, including: searching; locating; extracting; analysing; acknowledging and referencing. Teaching/learning methods and strategies These transferable skills are introduced in first year modules and are further used and developed in second and third year modules. Communication skills are developed by giving presentations, which is required in modules which are often seen as 'technical', for example, in the level 2 Information Systems module, and the level 3 Auditing module. Managing time and working to deadlines are required for undertaking coursework and submitting it by the deadline. Working in groups and working independently is a feature of some coursework in the level 3 modules in Financial Accounting and in Auditing. The ability to use and understand information technology is developed in the level 2 module in Information Systems. The ability to analyse quantitative and qualitative information is a general requirement in accounting degrees and is emphasised in the level 2 and 3 modules in Financial and Management Accounting. The ability to do this in a legal context is developed in the level 2 Business and Company Law module. In addition there are UEA central facilities such as the Library, which in addition to books and journals, now has a range of resources available electronically, the Computing Centre, and the Careers Centre. All of these offer individual advice and further courses for users. Assessment These skills are mainly assessed by coursework (using, for example, essays, presentations, reports). They are also essential for good performance in coursework and examinations generally, and for successful completion of the degree programme as a whole.
SECTION C: PROGRAMME STRUCTURES AND FEATURES, CURRICULUM MODULES, CREDIT AND AWARD REQUIREMENTS C1 Introductory statement (S) e.g. General statement about programme structure, including special features such as placement opportunities, whether these are compulsory or optional; year abroad; the total effort hours required of a typical student (this may include class contact and personal study time) The two accounting relate degrees allow students, after a common first year, to choose a programme related to their interests and career plans. N400 is particularly appropriate for students seeking to obtain a professional accountancy qualification after graduating. N4M2 offers the opportunity for students to develop knowledge and skills in a broader range of business and management subjects. The common first year in the School also allows students admitted to one of the accounting related degrees, but who subsequently wish to follow a more general business/management degree, to switch at the end of the first year to the Business Management (N200) degree programme. Both accounting related degrees prepare students for a range of careers in, for example, industry commerce and the professions, and for further postgraduate study. The degrees offer 'Foundation' stage accreditation for the examinations of the main UK professional accountancy bodies. Further exemptions are available depending on degree programme and option modules selected.
Please complete as fully as possible. Each box relates to a year of study. If the programme is part-time or offers a part-time option, please extend the number of years as appropriate (maximum = 9) Year 1 Core and Option Modules List pre- and/or co-requisites and any professional body requirements N400, N4N2 (for reference only these modules are no longer offered in 2013/14 CORE MODULES (120 credits) NBS-1B1Y INTRODUCTION TO BUSINESS (20 credits) NBS-1A2Y INTRODUCTION TO FINANCIAL AND MANAGEMENT ACCOUNTING (20 credits) NBS-1B2Y INFORMATION SYSTEMS AND BUSINESS RESEARCH (20 credits) NBS-1P3Y DEVELOPING BUSINESS SKILLS (20 credits) NBS-1B4Y ECONOMICS FOR BUSINESS (20 credits) NBS-1P4Y INTRODCTION TO ORGANISATIONAL BEHAVIOUR Progression Requirements or Award AS PER CCS Core and Option Modules N400 CORE MODULES (40 credits) NBS-2A1Y FINANCIAL ACCOUNTING (20 credits) NBS-2F1Y MANAGEMENT ACCOUNTING (20 credits) List pre- and/or co-requisites and any professional body requirements NBS-1A2Y NBA-1A2Y Year 2 COMPULSORY MODULES (80 credits) NBS-2A2Y INFORMATION SYSTEMS FOR MANAGEMENT (20 credits) NBS-2B2Y BUSINESS AND COMPANY LAW (20 credits) NBS-2B3Y QUANTITATIVE METHODS FOR BUSINESS (20 credits) NBS-2F2Y BUSINESS FINANCE (20 credits) NBS-1B2Y or CMPS1C22 In taking module cannot take CMPS2B20 - NBS-1B2Y NBS-1A2Y or, NBS-1B4Y N4N2 CORE MODULES (40 credits) NBS-2A1Y FINANCIAL ACCOUNTING (20 credits) NBS-2F1Y MANAGEMENT ACCOUNTING (20 credits) COMPULSORY MODULES (80 credits) NBS-2P2Y OPERATIONS STRATEGY AND MANAGEMENT (20 credits) NBS-2F2Y BUSINESS FINANCE (20 credits) NBS-2M1Y PRINCIPLES OF MARKETING (20 credits) NBS-2P3Y HUMAN RESOURCE MANAGEMENT (20 credits) NBS-1A2Y NBS-1A2Y NBS-1B1Y NBS-1A2Y or NBS-1B4Y - NBS-1P4Y Progression Requirements or Award AS PER CCS
Core and Option Modules N400 COMPULSORY MODULES (20 credits) NBS-3A1Y ADVANCED FINANCIAL ACCOUNTING (20 credits) OPTION RANGE A (60 credits) NBS-3A2Y AUDIT AND ACCOUNTABILITY (20 credits) NBS-3A7Y PERSONAL AND CORPORATE TAXATION (20 credits) NBS-3A8Y INTERNATIONAL FINANCIAL SERVICES (20 credits) NBS-3F3Y FINANCIAL MODELLING FREE CHOICE (40 credits) List pre- and/or co-requisites and any professional body requirements NBS-2A1Y NBS-2F1Y NBS-2A1Y NBS-2A1Y NBS-1B1Y, NBS-1A2Y, NBS-1B4Y NBS-2F2Y N4N2 COMPULSORY MODULES (20 credits) NBS-3A1Y ADVANCED FINANCIAL ACCOUNTING (20 credits) OPTION RANGE A (40 credits) NBS-2A2Y INFORMATION SYSTEMS FOR MANAGEMENT (20 credits) NBS-2A1Y Year 3 NBS-2B2Y BUSINESS AND COMPANY LAW (20 credits) NBS-2B3Y QUANTITATIVE METHODS FOR BUSINESS (20 credits) NBS-3A2Y AUDIT AND ACCOUNTABILITY (20 credits) NBS-3A8Y INTERNATIONAL FINANCIAL SERVICES (20 credits) NBS-3F3Y FINANCIAL MODELLING (20 credits) OPTION RANGE B (20 credits) NBS-3M1Y BEHAVIOURAL ASPECTS OF MARKETING (20 credits) NBS-3M3Y STRATEGIC MANAGEMENT (20 credits) NBS-3B1Y STRATEGIC CORPORATE SUSTAINABILITY (20 Credits) NBS-3M4Y ENTREPRENEURSHIP AND SMALL BUSINESS (20 credits) NBS-3M9Y MARKETING: SOCIAL RESPONSIBILITY AND THE LAW (20 credits) NBS-3P5Y MANAGEMENT CONSULTING AND DEVELOPMENT (20 credits) NBS-3P7Y SUPPLY CHAIN MANAGEMENT: STRATEGY AND DESIGN (20 credits) NBS-3B10 INTERNATIONAL CORPORATE GOVERNANCE20 Credits) NBS-1B2Y or CMPS1C22 In taking module cannot take CMPS2B20 - NBS-2A1Y NBS-2A1Y NBS-1A2Y,NBS-1B4Y,NBS-1B1Y NBS-2F1Y NBS-2M1Y NBS-2M1Y NBS-1A2Y,NBS-1B1Y,NBS-1P4Y, NBS-2M1Y NBS-2M1Y NBS-1P3Y NBS-2P2Y FREE CHOICE (40 credits) Progression Requirements or Award AS PER CCS
C2 Degree Classifications/Postgraduate Awards with Distinction a) For First degree programmes Please specify the weighting (in percentage terms) which each year of the programme contributes to the calculation of the degree classification. (Part-time Programmes) Year 1 NIL Year 5 Year 2 UPDATED MARCH 2013: See below For 2012/13 & 2013/14 either 50% or 40%, depending on which gives the higher final aggregate figure; from 2014/15 40%. Year 6 Year 3 UPDATED MARCH 2013: See below For 2012/13 & 2013/14 either 50% or 60%, depending on which gives the higher final aggregate figure; from 2014/15 40%. Year 7 Year 4 Year 8 UPDATED MARCH 2013: The School has received a concession (special permission from the University) to calculate students final degree aggregates on both a 50/50 and a 40/60 weighting between Year 2 and Year 3, with the Board considering the higher of the two final degree aggregates for classification purposes (ie with a no detriment rule). This will apply for students graduating in 2012/13 (current Year 3s) and 2013/14 (current Year 2s). Students graduating in 2014/15(current Year 1s) are already on a 40/60 weighting as part of previous changes to the course. Subsequent students will be dealt with under the New Academic Model which mandates a 40/60 weighting split. Please indicate whether an aggregate mark is taken into consideration for the purpose of determining degree class and/or whether a specified marks profile is required. AGGREGATE MARK
b) For postgraduate taught programmes Is the degree awardable with distinction? Yes No (Please tick the relevant box) On what criteria might the distinction be awarded? (See also the Regulations for the Common Postgraduate Regulatory Framework)
C3 a) Module details For existing programmes: Please refer to the Course Catalogue for module details. No additional modules. b) For new programmes involving new modules: Please complete as far as possible the section below for each new module (S/A) Module Code (A) Module Title (S) Credit (S) Semester (Autumn/Spring) (S) Pre-requisite(s) (S) Co-requisites(s) (S) Convenor (S) Date of Approval (S) Brief description (S) (aims, objectives, content, teaching and learning method(s), learning outcomes) Method(s) of assessment NBS- 3B10 International Corporate Governance 20 Spring NBS-2B4Y OR NBS-2F2Y Professor Chris Mallin This module provides the knowledge required to understand issues in international corporate governance. Exploring corporate governance developments in different countries will enable students to understand the importance of different institutional settings, the influence of legal, regulatory and political environments, and why differences in ownership structure have arisen and how this impacts on companies and organisations. The module will cover the following topics: ownership structure of the corporation, agency problems arising from the separation of ownership and control, determinants of ownership structure, evolution of corporate governance including international developments in
corporate governance; roles of institutional investors, individual investors and stakeholders; shareholder activism; board structures and remuneration; board diversity and succession planning; regulatory aspects of corporate governance and their effects on corporate governance (i.e. hard versus soft law); practice and effectiveness of corporate governance in selected countries. The debate on the convergence or divergence of corporate governance national systems, the impact of the global financial crisis and the perceived failures of corporate governance will also be taken into account. Then module is taught through lectures and seminars and assessed through coursework and exam.