Online course details

Study options

Part-time: 1-2 years

UK fee

£4,890

International fee

£4,890

Course level

Undergraduate

Qualification

BSc (Hons)

Start dates

January, September, May

Location

Online

Online course description

The online Management Accounting (Top-Up) BSc (Hons) course will equip you with the relevant skills to pursue Management Accounting positions within a sector of your choice. This course allows you to top up existing qualifications to a full Management Accounting undergraduate degree. Partnered with the CISI, our course is also directly mapped against the teaching of their foundation qualification, Introduction to Investment, with the option to take the exam upon completion of our course. It explores the complex and challenging nature of the management accounting and business environment.

Our Management Accounting (Top-Up) BSc (Hons) is ideally suited to holders of the CIMA (Chartered Institute of Management Accountants) Advanced Diploma in Management Accounting and those interested in obtaining a degree in Management Accounting who have professional accounting qualifications or external business, finance or accountancy qualifications (up to level 5).

CISI Education University Partnership

Partnered with the Chartered Institution for Securities and Investment (CISI)

We have the first online university degree programme in the UK to be partnered with the CISI, the largest and most widely respected professional body for the securities and investment profession in the UK, with a growing number of global financial centres. Our Management Accounting (Top-Up) BSc (Hons) degree course has been closely mapped against the CISI’s Introduction to Investment foundation qualification, helping you to prepare you for its exam, which can be taken at the University of Derby campus or at one of the CISI’s global test centres.

Furthermore, students wishing to pursue the Introduction to Investment qualification will benefit from a 50% saving on the exam fee and the work book. A one-off registration fee will be payable to become a CISI student member, giving you access to a number of membership benefits designed to support your studies and broaden your career development. We are offering a limited number of scholarships to cover the cost of the CISI Registration Fee, exam fee and workbook – a select few will be chosen upon enrolment.

The Introduction to Investment qualification is the first step on the CISI qualification pathway, and is also recognised by the UK Financial Conduct Authority (FCA). It will be of special interest to you if you are interested in a career in wealth management, operational investments, financial planning, compliance and risk, and stockbroking. Upon completion of this foundation qualification, there is then an option to join the CISI as an affiliate member (subject to annual membership fee).

Tutors that work to the latest professional standards

Our teaching staff are all professionally qualified and have industry as well as academic experience. They also teach on the professional body courses, such as ACCA (Association of Chartered Certified Accountants and CIMA, which means they understand the most current professional standards. That’s important because you need to be sure that what you’ll learn is up to date and relevant to today’s business world.

Benefits of studying online

Studying online gives you the flexibility to study at the most convenient time and place for you. Course modules still operate within a fixed trimester but you can choose to study during the day, in the evenings or at the weekend rather than having to attend fixed lectures.

A talk from our Academic Lead

Our Academic Lead for Accounting, Finance and Economics, Dr Tony Stevenson, talks about our Management Accounting (Top-Up) BSc (Hons) degree course in this video.

Our Academic Lead talk about the online Management Accounting BSc (Hons) Top-Up degree course

View our Management Accounting (Top-Up) BSc (Hons) course introduction video transcript

What you will study

We will advise you of your study plan when you are invited to enrol.

Stage 1Stage 1

Code: 6AG525

Financial Strategy

A financial strategy forms a key part of an organisation’s overarching strategic plan which details acceptable sources of raising funds and states where these funds should be spent or invested to maximise the wealth of its shareholders and satisfy other stakeholders. It encompasses issues such as mergers and acquisitions, divestments, declaring dividends and valuing entities etc. As it relates to a crucial aspect of an organisation, i.e. its finance, it is important that top management prioritises its efforts to ensure it is fit for purpose and can enable the organisation to achieve its objectives.

In this module you will develop the competencies and skills needed to formulate and implement a financial strategy which can support the overall business strategy of an entity. You will appraise the merits of alternative sources of finance for an organisation and propose an ideal finance mix. You will also evaluate the merits of potential investment opportunities for which you will be required to valuate corporate entities for mergers, acquisitions and divestments.

This module will also offer additional reading material with optional activities for students who aspire to sit CIMA’s F3 exam. These optional activities will also be available to those students who wish to widen their knowledge on Financial Strategy, in which case the module tutor will do a skills diagnostic based on the individual student’s formative activities prior to recommending these optional activities.

Please note the optional activities are intended to support you for your CIMA exam but will not lead to an exemption from it. In case you wish to attempt CIMA’s F3 it will be your responsibility to confirm eligibility and to enrol yourself with CIMA.

Module learning outcomes

On successful completion of the module, students will be able to:

  1. Investigate the financial requirements of an organisation and propose an appropriate financial strategy
  2. Analyse the corporate finance policy of an organisation
  3. Appraise an organisations dividend decision

Module content

  • Academic writing and digital literacy and scholarship skills appropriate to the module
  • Strategic financial and non-financial objectives of different entities
  • Strategic financial management policy decision
  • Using information derived management accounting techniques to formulate financial strategy
  • Financial requirements of an entity and making recommendations to meet these
  • Dividend Policy that meets expectations of shareholders
  • Acquisition, mergers and divestment
  • Valuation of whole entities, subsidiary or division
  • Pricing issues and post transaction issues 

The following content contains optional activities with formative/automated feedback for students aspiring to sit the CIMA’s F3 exam:

  • Sustainability and integrative reporting
  • Relationship between investment, financing and dividend decision
  • Hedge accounting and disclosure of financial risk on financial statement
  • Impact of changes in capital structure
  • Validity of valuation methods
More information
20 Credits
core
Coursework

Code: 6AG526

Risk Management

All modern day organisations are legally, financially and morally required to manage their risk bearing activities in the interest of their stakeholders. Although risk is an unavoidable part of everyday life managers must have the ability to anticipate and prevent circumstances that could lead to a negative outcome while simultaneously maximising the possibility of attaining a positive outcome for the company.

Risk management is a process whereby an organisations manager identifies the risk it faces, evaluates the likely effect of these risks, introduces a range of control measures and finally monitors and evaluates the success of these measures. It involves the application of a number of techniques which combine both knowledge and problem-solving skills. Information derived from management accountancy supports managers in performing this role effectively. This module draws heavily on advanced management accounting tools and techniques and aims to provide you with the opportunity to apply these techniques by evaluating risk management strategies in real life contemporary organisations.

This module will also offer additional reading material with optional activities for students who aspire to sit CIMA’s P3 exam. These optional activities will also be available to those students who wish to widen their knowledge on risk management, in which case the module tutor will do a skills diagnostic based on the individual student’s formative activities prior to recommending these optional activities.

Please note the optional activities are intended to support you for your CIMA exam but will not lead to an exemption from it. In case you wish to attempt CIMA’s P3 it will be your responsibility to confirm eligibility and to enrol yourself with CIMA.

Module learning outcomes

On successful completion of the module, students will be able to:

  1. Demonstrate critical understanding of how risks can be identified and categorised based on the impact they have on different organisations
  2. Demonstrate awareness of the impact of various responses to strategic risks
  3. Demonstrate a critical awareness of the internal control systems and management accounting strategies that an organisation can use to manage risks and examine ways in which risks associated with cash flows and capital investment decisions can be managed

Module content

  • Academic writing and digital literacy and scholarship skills appropriate to the module
  • Types of risks facing an organisation
  • Response to risk
  • Information needed by different decision makers and how this impacts their risk perception
  • Use of management accounting principles and techniques and internal control systems to mitigate risks
  • Auditing internal control systems
  • Ethical issues facing an organisation and ethical impacts of risk
  • Financial risks facing an organisation and using ratio analysis to identify these financial risks
  • Limitations of tools of management accounting to mitigate risk
  • Alternative risks management tools
  • Investment appraisal and risks associated with capital budgeting
  • Sensitivity analysis, risk and uncertainty
  • Contemporary themes in risk management 

The following content contains optional activities with formative/automated feedback for students aspiring to sit the CIMA’s P3 exam:

  • Quantification of risk exposure
  • Risk map exposures
  • Assurance mapping
  • Appropriate measures for strategic control and direction
  • Solutions to risk of dysfunctional behaviour
  • CIMA’s code of ethics
  • Financial risks associated with international operations and debt finance
  • Conflicts from capital investment decisions
  • Project post implementation
More information
20 Credits
core
Coursework

Code: 6AG527

Strategic Management

Strategic management is a process of continuous planning, monitoring and analysing an organisation’s strategy to ensure it meets all its aims and objectives. It typically requires an in-depth analysis of the external and internal environment and formulating and implementing strategies which will enable the organisation to achieve its set objectives and to implement changes where this does not occur.

This module will help you to formulate critical awareness of how organisations implement their strategies by aligning people, projects, processes, structures and relationships. It will equip you with the skills and knowledge required as a manager to analyse the existing position of an organisation and device and implement strategic decisions to enable long-term sustainability of the organisation.

You will also examine key skills needed to manage change within an organisation.

This module will also offer additional reading material with optional activities for students who aspire to sit CIMA’s E3 exam. These optional activities will also be available to those students who wish to widen their knowledge on strategic management, in which case the module tutor will do a skills diagnostic based on the individual student’s formative activities prior to recommending these optional activities.

Please note the optional activities are intended to support you for your CIMA exam but will not lead to an exemption from it. In case you wish to attempt CIMA’s E3 it will be your responsibility to confirm eligibility and to enrol yourself with CIMA.

Module learning outcomes

On successful completion of the module, students will be able to:

  1. Analyse the influence of the external environment on an organisation
  2. Critically appraise the strategic position of an organisation and evaluate its strategic options
  3. Propose methods to implement organisational change after analysing the effect of various change management strategies on an organisation
  4. Appraise the suitability of using various tools in implementing strategy and analyse the role played by Information Systems to facilitate this

Module content

  • Academic writing and digital literacy and scholarship skills appropriate to the module
  • Tools of strategic analysis
  • Influence of key external factors on an organisations strategy
  • Ethical issues arising from the organisations interaction with the environment
  • Process, tools and techniques used by management accountants for strategy formulation and making strategic choices
  • Evaluate tools and methods to implement a change programme
  • Recommending change leadership process in support of strategic implementation
  • Tools and techniques of strategic implementation
  • Information system requirements for successful strategic implementation
  • Strategic impact of IT and IS on an organisation
  • Contemporary themes in strategic management 

The following content contains optional activities with formative/automated feedback for students aspiring to sit the CIMA’s E3 exam:

  • Drivers of external demand for environmental sustainability and corporate social responsibility
  • Building and managing strategic relationship with stakeholders
  • Responsibility of directors in strategy formulation and implementation
  • Manage product portfolio
  • Value chain
  • Impact of organisational change
  • Leadership styles for organisational change
  • Strategic performance management
More information
20 Credits
core
Coursework

Code: 6AG528

Research Methods

This module will provide you with a comprehensive introduction to research methods which will assist you in undertaking a research project within your programme and contribute to the existing body of knowledge. In this module you will be imparted with the skills needed to decide on appropriateness of different data collection methods and acquire the skills to present your information in a clear, concise and logical manner.

For the purpose of data collection and analysis, this module will provide you information on various primary and secondary data collection techniques and on qualitative and quantitative analysis methods. As a result of this module, you will explore the ethical issues involved in undertaking research, the suitability of various techniques and methods used to assist research.

Module learning outcomes

On successful completion of the module you will be able to:

  1. Propose appropriate quantitative, qualitative or mixed methods to analyse different data sets and present your findings using suitable approaches
  2. Critically analyse the impact of sampling and non-sampling errors on the interpretation of research findings
  3. Critically analyse ethical issues a researcher may face in an applied context

Module content

  • Academic writing and digital literacy and scholarship skills appropriate to the module
  • Research design
  • Primary and secondary data collection techniques
  • Quantitative data gathering and analysis, eg normal distribution, confidence interval, parametric and non-parametric tests, correlation and regression, variance analysis, sample size
  • Qualitative data gathering and analysis, eg observation, interviews, focus group research, open questionnaires and surveys, documentary analysis, case studies
  • Contextualising qualitative, quantitative and mixed methods
  • Strengths and weaknesses of quantitative, quantitative and mixed methods
  • Data presentation methods
  • Ethical issues in research
  • Theoretical principles of using mixed methods
More information
20 Credits
core
Coursework

Code: 6IM997

Independent Study

This module is intended to allow you the opportunity to extend aspects of your final and previous year modules to more depth, along with refining your research skills by means of an Independent Study dissertation.

Your Independent Study dissertation allows you to analyse and test the theories, principles and concepts addressed in the classroom environment in the reality of a private, public or community sector organisation by means of a pathway-related report. The independent study represents an individual piece of research completed under the guidance of an academic supervisor. It may be a research study which makes a contribution to the body of knowledge in your discipline area or professional background, or a study in which you critically analyse and evaluate existing knowledge and produces observations and conclusions of relevance to the particular field of study.

Module learning outcomes

On completion of this module, students should be able to:

  1. Prepare and critically articulate a research ethics-approved proposal and translate this into a feasible research plan relevant to your overall programme of study, which for some students will be within a named pathway
  2. Identify and critically review literature and other appropriate contextual sources pertinent to the issue, theme, subject or applied problem as identified within the proposal submission
  3. Critically evaluate a range of qualitative and quantitative research methods and to select data collection and analysis tools and techniques appropriate to their Independent Study
  4. Working independently present a substantive piece of research in an applied aspect of business and management critically articulating; evaluating and reflecting upon the outcomes to an appropriate critical depth

Module content

The module will seek to equip students with the necessary skills to prepare, design and carry out complex business research projects using a variety of qualitative and quantitative methods.

The nature of the independent study will vary from student to student and from programme to programme. The study could take the form of a critical case study or a dissertation on a subject of the student's choice, with the supervision of a member of staff. The content will include an elaboration of the background factors involved in the situation, an evaluation of the relevant theories and concepts from the programme pathway, and a critical analysis of the subject selected.

This module will cover the following:

  • Introducing business research
  • Developing research skills
  • Understanding research philosophy
  • Understanding research ethics
  • Reviewing the literature
  • Understanding research methodology and design
  • Developing a research proposal
  • Understanding research methods, populations and sampling
  • Using secondary data and archival sources
  • Using observation
  • Using interviews and focus groups
  • Using questionnaires and scales
  • Managing data and introducing data analysis
  • Analysing quantitative data
  • Analysing qualitative data
  • Drawing conclusions and presenting research
More information
40 Credits
core
Coursework

How you will learn

Pace of study

We recommend about 20 hours of study per week to complete one 20-credit module over a 10-week trimester. If you aim to study two modules in one trimester, we recommend 40 hours of study per week.

Assessment method

This course is assessed through 100% coursework with a range of methods, such as essays, research reports, presentations, group work and practical reports.

Student wearing headphones at a laptop participating in an online webinar

Study Accounting and Finance Online at Derby

Wednesday, 21 August 2019 16.00 - 17.00

Join this webinar to find out more about studying our online BA (Hons) Top Up in Accounting and Finance, including the key topics you'll cover. You will hear from the academic team and have a chance to ask questions.

Book your webinarBook your webinar

Entry requirements

For direct entry onto the course, you will need one of the following:

If you do not meet the direct entry criteria but have one of the following qualifications, you may be eligible to join the course after passing a level 5 Macroeconomics for Business module:

If you hold a CIMA advanced diploma, or HND or foundation degree in Business or equivalent overseas qualification, you may also be suited to our BSc (Hons) Accounting and Finance (Top-Up) degree as an alternative option.

English language qualifications

If English is not your first language you will need an English language qualification. For this course you will need at least one of the following:

* If you don't have GCSE Maths, you can study our Certificate of Credit in Introduction to Maths in Preparation for Higher Education, which is a 20-credit module designed to help you develop your mathematical skills in preparation for higher education. 

**If you have a minimum of IELTS level 4.5, you can study our Certificate of Credit in English for Academic Purposes, which we will accept as evidence that you are able to perform at a suitable level of IELTS 6.0. We will also accept the Certificate of Credit as evidence that you can perform at GCSE level.

Documents to support your application

You'll need to provide:

*Documents not in English or Welsh must be accompanied by a certified translation by a professional translator/translation company. Each translation must contain:

A list of approved translators can be found on the UK Government website.

Additional exemptions

If you have completed CIMA’s Strategic Level modules (E3/P3/F3) - or partially completed them - you will be eligible for exemptions. Contact us for more information.

Fees and funding

 Per 20 creditsModulesCost
UK/EU/International £815 6 £4,890

† Prices correct for 2019/20 new students. Subject to potential annual increase in September 2020.

Flexible payment plans available

Choose from three options:

 

Undergraduate funding options

Depending on where you are from in the UK or EU, and on your pace of study, you may be eligible for an undergraduate student loan. Accessible through Student Finance, this is a non-income based loan to meet the cost of tuition fees.

If you already hold an honours degree, and you are looking to re-skill or up-skill, you may still be eligible for a loan to study this course.

How to apply

Students should apply directly to the University.

Apply now

Careers

This course appeals to those already in middle-management-level roles but would like to progress to more senior roles. It can provide you with the skills to help you apply for roles such as:

Dr Tony Stevenson
Programme leader

Academic Lead Accounting Finance and Economics, Dr Tony Stevenson entered the Higher education sector as an international tutor teaching, Finance, and Mergers and Acquisitions from a practitioner’s perspective.

View full staff profileView full staff profile

Contact us

Contact the University of Derby Online Learning:

Contact usContact usFrequently asked questionsFrequently asked questions

† Additional information about your studies

Prices correct for 2019/20 new students. Subject to potential annual increase in September 2020.

Download programme specification