the introduction to our online undergraduate Accounting and Finance courses video transcript
Hello everybody. My name is Dr Tony Stevenson and I'm the academic lead for the accounting and finance programs here at the University of Derby. First of all a warm welcome to the webinar. I'm hoping that after this discussion you should be able to make a reasonably informed decision about whether you want to join us at the university and go on and do a bachelor's degree in either accounting and finance or either in management accounting so I'm going to walk through some of the key points and some of the interesting areas and I hope that at the end you'll have some time to have a think about things. Either contact me or my colleagues at the university. So just getting started then we can talk about myself for a little while. I started as a chemical engineer. I went out to the United States and also worked with a German company and my role really as a chemical engineer was to try to decrease the noise in the cabin of a car using polyurethane materials. I went on into management. I took an MBA and then went into further sort of education and did an MSc in finance and then finally ended up in academe by doing a PhD at the University of Loughborough. My colleagues also are research active. My colleague Dr Stuart Green is also a professional chartered accountant and also teaches the postgraduate and undergraduate programs. He's very research active and likes to get involved with asset valuations and also SMEs and those types of activities where we can do comparative analysis. Similarly with my contact Dr Alexious Makropoulos he's also very research active. An ex-banker and also enjoys engaging with the students on a variety of research projects. The BA Accounting and Finance top-up is an interesting degree and obviously comprises of 120 credits, three core modules and two optional modules. You can see Financial Strategy, Management Accounting Evaluation and the Independent Study which is a 40 credit module leads you into the final completion which is a very nice piece of research and this demonstrates some research activity or a research question that you might want to get involved with and of course that is the culmination of the drawing of all of the information and knowledge that you've earned on the course and you've applied on the course and you're actually going to adopt this into your research project. We also have some optional modules here Investing and Financial Market Behaviour, Financial Reporting Theory and Financial Statement Analysis and others that you can choose as an option. Other than just the basic modules. We also have the recognition of prior learning of course if you're ACCA and you've completed seven or eight of the ACCA F papers you can get an exemption and also if you're CIMA qualified you can get exemptions if you hold the the CIMA F3 papers. We'll talk a little bit about that a little bit later. For the Management Accounting then the Financial Strategy and also Strategic Management the 20 credit modules here and Risk Management it's a very very interesting module and again leading to the 40 credit modules of Independent Study and as you can see there you've got the 120 credits and as I mentioned earlier on there may be an opportunity for you to get some exemptions against those credits. As I say here the recognised prior learning, if you've studied one of the modules or hold some of the papers below of the CIMA there's a very increased likelihood that you can get the exemptions on this particular program.
Just a quick re-emphasis really of the Accounting Top up and this is for the prior learning recognition. So if you're CIMA recognised and hold the E3 paper we'll give you exemptions against the Strategic Management module and similarly with the P3 paper we'll give you an exemption on the Risk Management module and finally the F3 on the Financial Strategy module. Starting online this is an interesting one because we have a trimester rather than the semester so of course we've got three trimester periods in one year and we have 10 weeks in each trimester so each 20 credit module runs across a trimester and is made up of 10 weeks and each particular week you would have a unit of activity and this really sort of prepares you for your coursework submission assignments and also prepares you to sort of engage actively with your peers, collaboratively with the colleagues and also academics online. We have a partnership with the CISI and this partnership is a very strong partnership that we've built up over a number of years. This leads to professional qualification and I'm sure that some of you would be very actively seeking to get involved in professional qualifications because this is a great opportunity to become a financial advisor or be involved in the FCA somewhere and other other sort of areas of opportunity.
We also have a a number of guest lectures and they drop in and and they'll give you guys a bit of an insight around their research starting with Professor John McClaren out of the University of Tasmania, he's very actively engaged with myself we're working on investment strategies and foreign direct investment modelling for post-brexit and see how the taxation model works effectively in the UK as it might do in Australia and so on. Kenneth Marks is also an active CEO working with CMEs and SMEs and also looking at mergers and acquisitions and he has his own company and that's quite useful to talk to him about the current activities of mergers and acquisitions in the United States. Here's an interesting one we've got the current refinitive program and we can draw down data here and we use this data and it's very interesting to actually collect data, you can use it for our research and also for the experiential learning and we can actually help you guys to get access to this data and make use of this data in a way to really drive out some of the questions that we might ask in your assignments.
What can we say about this in terms of your future? Well once you complete this degree you can become a financial advisor. You could progress on to a Masters and then a PhD and you could move into senior management positions. So really there's a there's a whole range of opportunities and a range of sectors that you can go into and the global networking is absolutely fantastic. We've got a lot of international students and I'm sure that you'll be very happy to engage with many many of these guys who can talk to you what's happening on the African continent, in the United States, in Asia. So there's many many opportunities here to get involved with your peers. What do our students think? Well you can see that there's a range of feedback that we're getting and 90+ percent say that they're very satisfied with the course and similarly agreeing that they've been able to make good contact with staff when they've needed to and we are trying our best to make sure that you guys are very well supported and your learning experience is extremely an enhanced one. A couple of good stories here about a couple of students. This lady Gabrielle Davies, she started with a bachelor's degree and then she went on to a Masters degree and she was very successful very determined and very motivated and we were delighted to see and support her through that program and similarly here with Miss Ncube you can see from the discussion she had to rearrange her whole way of life because of her determination to get the degree done, her determination to be motivated and you can see the challenges that were thrown at her how she was able to actually finally complete her Masters degree in global finance. Virtual campus is something that we spend a lot of time on trying to make the environment right. We work very hard to try to make sure that you're not just sitting in front of the computer but you're actively engaging with your peers, actually engaging with your academics. A little a couple of tips if you know when you roll enroll with us you'll see that you can create a space, make sure that you've got about 20 hours of study per week available for yourself, always engage with your peers and academics, check the learning portal for announcements and updates and just the basic things to get you at a good pace. And our online community is really really second to none. We've got the discussion forum, emails, blackboard collaborate, live sessions which help you to actually get to know the university expectations look at what's being made available in terms of the coursework expectations and how you should present and all those sort of nuances associated with the coursework submissions and academic work. A great network for supporting. We've got online learning advisors that can give you quick instant responses, student services to help you if you get some challenges thrown at you your employers may overwhelm you with work and you might have to put your submissions on hold for a little while so we are very aware of those challenges that you face on a daily basis. Our e-library resources are fantastic and I know that once you get into this you'll really enjoy this part, great databases and lots of ebooks and e-journals that you can really make use of to support your academic work and obviously give you a great insight into the subject area that we're looking at in this degree programs. Finally graduation. That means you've got here and of course there's a recognition and acknowledgement that you have shown determination and you've been self-motivated, you've finally got that coveted degree it is robust, it's supported and recognized as a very very strong degree in the industry and I'm sure that you'll appreciate with your family and friends how hard it's been and how difficult it has been to earn this degree. It doesn't come easy. It comes with a lot of work and a sacrifice made here and a sacrifice made there family and friends giving up social activities just for that period to get you through this academic rigor so I mean I probably over emphasize the need to have academic rigor but it is a strong degree as I say it's well recognized and I'm sure that you'll appreciate it once you've got to the completion stage. Next steps. The entry criteria and the course fees all of those things I think would be sort of appropriate for admissions but look I'm happy to answer any questions associated with that not necessarily give you the right answers of course but I'm only too happy to help you and finally you're here. You've got that degree in your hand and I mean you're probably not going to wave it in the air, you've probably already established by now where you're going to go with this and of course the support network here at the university and the support that we give you as academics and also your peers and our alumni is very strong and of course it's not just the case of you know completing the degree it's a case of actually going through a process and opening up a completely new networking environment and a whole new way if you like for this degree. So I'm going to end my discussion here I look forward to working with you if you decide to come onto the university and do this program and I look forward to doing any a bit of research with you and finally if I haven't answered all of the questions for you please don't hesitate to contact myself or my colleagues will only be too pleased to try to answer your questions as best we can. Thank you very much
The introduction to our online undergraduate Accounting and Finance courses video