The three years Bsc. Accounting and Finance is an excellent qualification for those wishing to pursue a career in this field. It may be of interest if you are already working as an accountant and wish to add some qualifications to you experience. If you are hoping to subsequently becoming a fully qualified professional accountant then it offers the academic experience and knowledge to start this process and leads to several exemption from the exams of professional accounting bodies.

Graduates roles typically include positions as Financial Manager, Management accountant, Company Accountant or a career in the financial sector. Graduates may also wish to pursue a public sector career.

The General Philosophy of Curriculum Development should aim at developing the total being. In this connection, the curriculum should develop the mind and impact theoretical and practical knowledge that will encourage self-reliance in the individual. It should also enable the student to understand, exploit, and if necessary, change his/her environment.
Objectives This general philosophy would dictate the following specific objectives in relation to the field of study:

w The provision of basic knowledge needed for an understanding and analysis of problems related to the management or administration of industrial, commercial, public and human organisations.

w To equip students of Accounting with the skills needed for recognising and defining problems and taking appropriate decisions, using scientific techniques and tools.

w The inculcation in students an awareness of and sensitivity to environmental factors and conditions and their impact on managerial/administrative practice and decisions.
w The development of leadership and interpersonal relational skills which are needed for working in organizations. These above-stated objectives reflect the eclectic and
social characteristics of administrative or management education. They determine the academic contents of the minimum standards set for colleges.

Course Requirements
Four major areas must be covered by the college if the objectives specified above are to be accomplished.

These are:
a. Theoretical and Conceptual Foundation
b. Tools and Techniques of Analysis
c. Specialization Skills, and
d. Environmental and Cultural Sensitivity

COURSE DESCRIPTION FOR THE BSc IN ACCOUNTING
1. Introduction to Economics
2. Introduction to Accounting
3. Introduction to Business
4. Introduction to Business Mathematics
5. Financial Accounting
6. Financing of Small Scale Business
7. Investment appraisal
8. Introduction to Cost Accounting
9. Public Finance
10. Business Law
11. Financial Management
12. Auditing
13. Taxation
14. Financial Planning and Control
15. Research Methodology
16. International Accounting
17. Credit and Risk Management
18. Treasury Management
19. Tax Management and Fiscal Policy
20. Financial Sector and Economic Development
21. Research Project
22. Business Policy and Strategy
23. Management Information systems
24. Strategic Financial Management

YEAR ONE COURSES
(1st Semester Courses)

Introduction to Economics
w The basic problem of scarcity and choice
w The Meth odology of Economic Science
w The General Principles of Resource Allocation
w The Concept of Optimality and Equity
w Equilibrium and Disequilibrium
w Micro-Economics versus Macroeconomics
w Demand, Supply, and Price
w Type of Resource Allocation and Decision Methods of Resource Allocation in an Economy
w Theory of the Firm
w Introduction to Welfare Economics

Introduction to Accounting
w The Nature and Scope of Accounting and the Role of Accountants
w The Accounting Function and its relationship with the information
system and organisations
w Accounting procedure and systems
w Double entry book-keeping systems
w The trial balance, accruals, pre-payments and adjustments
w Classification of expenditure between capital and revenue
w Methods of recording accounting date, manual and mechanical
w Manufacturing, Trading and Profit and Loss Accounts and
Balance Sheets of a Sole Trader
w Accounting Treatment of Control Accounts and Bank Reconciliation
w Preparations of Financial Statements

Introduction to Business
w The Nature and Scope of Business
w Characteristics, Objectives and Quality of
Successful Business
w Division of business into industry and commerce
w Management of business, requisites for success
in business and economic system
w Evolution of Business
w Development and evolution of commerce
w Evolution of industry, industry revolution, growth
of business in developed countries
w Decision Process for establishing business enterprise
w Entrepreneurial decision focus
w Methodology of launching a new enterprise
w Problems and Facilities for industrial enterprises
in developed countries
w Forms of ownership of organizations: Sole-Proprietorship, Partnership, Joint-stock,
Co-operative scale of operation and economies of size
w Operations and size of firm and the measure of size
w Types of firm (optimum, representative, equilibrium etc)
w Factor determining optimum size, reconciliation of optima: tendency towards large size
w Plant location and layout
w The social responsibility of business
w International business

Introduction to Business Mathematics
w Mathematical concepts in management
w Set Theory
w Factors and Exponents
w Logarithms
w Trigonometry
w Equation, functions and progressions
w Coordinate Geometry
w Inequalities
w Permutations and Combinations

YEAR TWO COURSES
(2nd Semester Courses)

Financial Accounting
w Review of company accounts
w Advanced partnership accounts: admission, retirement, dissolution, and change of interest, goodwill on admission/retirement
w Group accounts-preparation of consolidated accounts, elimination of intra group balance of profit on inter-group transactions
w Treatment of minority interest and cost of control
w Accounting problems of group of companies including multi- national take covers mergers, reconstruction, re-organization and associate companies
w Accounting for acquisition and mergers
w Accounting for foreign operations
w Valuation of share and business going concern and break-up basis
w Accounting of bankruptcy and insolvency

Financing of Small Scale Business
w Meaning of small scale business
w Roles of small business in an economy
w Problems financing of small scale business
w Sources of finance
w SME loan (origin, scope and operations)
w Regulating institution for the development and growth of small scale business
w Determination n of financial needs of SMES
w Problem of SMES financial accessibility to other sources of finance

w Capital market efficiency, forms and test of efficiency,
implications of the efficiency of the market, the application
of market efficiency of the UK capital market and empirical
coincidence of tests on the market; ratio analysis.

Introduction to Cost Accounting
w Nature, scope and function of cost accounting
w The marginal cost, average cost, cost unit and cost centres.
w The elements of cost and classification of cost
w Cost accounting for material labour, overheads and equipment
w Job and process of cost accounting
w Element of marginal costing
w Standard costing and budgetary control
w Double entry accounts for cost control nature and uses
of accounting ratio, some current problems sand issues.

YEAR THREE COURSES
(3rd Semester Courses)

Credit and Risk Management
w The components of working capital and the importance of effective working capital
management to corporate survival.
w Cash: preparation of cash budget and managing cash surplus and deficits, cash budget and managing cash surplus and deficit, cash management models.
w Debtors: modifies and evaluation of various credit term
w Use of cash discounts and debt collection techniques, debt factoring and invoice discounting, creditors
w Creditors: evaluating trade crediting and the advantage and disadvantage of trading on credit.
w Defining and categorising a firm’s risk exposures, firm-specific versus market risk, continuous versus event risk
w Measuring exposures, measurement devices,
w The pay-offs to risk management, choice form risk management products.

Treasury Management
w Active and passive dividend policies and factors influencing dividend policies
w Types of dividends: cash dividend and stock dividend
w Legal procedural aspects of dividend payment in UK
w Relevance and irrelevant theories of dividend policy to the value of the firm
w The function of treasury manager in relation to corporate objective, working capital management and currency management.
w Currency management: spot rates and forward rate
w Purchasing power, forward rates and expected spot rates
w Exchange rate risk options; call option; purr-option, determination of option value
w Option pricing model.

Tax Management and Fiscal Policy
w Petroleum profit tax value added tax: Pioneer legislation; Inter
w Government fiscal relations. UK’s experience in revenue allocation;
Theory and practice of grants in relation to state and local governments.

Financial Sector and Economic Development
w Overview of the financial sector and other nonfinancial sectors
w Nature and function of different types of financial institutions
w Classification of financial institutions
w Financial structure
w Financial development and real development
w Bank and non-bank as financial intermediate
w The financial intermediation function
w Role of money and finance in economic development
w Financial intermediated and the saving-investment process
w Non-bank financial intermediaries and effectiveness of monetary policy.

The structure of courses for the award of the BSc Banking and Finance degree is therefore as presented below: The city of London is one of the world’s leading for banking and financial services. Knowledge from this vast pool of expertise and experience has been integrated into BSc. Banking and Finance degree course so that students are equipped to be successful in the banking and financial services industry. After graduation students often pursue a career in accountancy, financial trading, commercial banking, investment banking or risk management. If graduates wish to continue their studies then they would be qualified for the entry onto a Masters or other further postgraduate qualification..

OBJECTIVE
The course - banking and finance was established to produce banking and finance graduates that will serve the need of the banking industry in United Kingdom and abroad, and participate effectively in shaping the future of banking business in United Kingdom ain the nearest future. The course is not only expected to train bankers or experts in finance but prospective managers of the industry whose knowledge will extend beyond just the principles of banking
and finance alone.

COURSE DESCRIPTION
1. Introduction to finance
2. Introduction to business
3. Introduction to accounting
4. Business mathematics
5. Elements of banking
6. Economics of banking operation
7. Introduction to investment decision
8. Law relating to banking
9. financial sector/economic development
10. financial management
11. Banking methods and practice 1
12. corporate finance
13. Financial risks management
14. Capital market and portfolio management
15. Comparative banking system
16. Banking lending and credit administration
17. International banking/financing
18. Multinational business finance
19. International finance/trade theory
20. Bank audit and inspection.
21. Research Methodology
22. Research project
23. Treasury management
24. Credit and risk management

YEAR ONE COURSES
(1st Semester Courses)

1) The Nature and Scope of Accounting and the Role of Accountants
2) The Accounting Function and its relationship with
the information system and organisations.
3) Accounting procedure and systems.
4) Double entry book-keeping systems.
5) The trial balance, accruals, pre-payments and adjustments.
6) Classification of expenditure between capital and revenue.
7) Methods of recording accounting date, manual and mechanical.
8) Manufacturing, Trading and Profit and Loss Accounts
and Balance Sheets of a Sole Trader.
9) Accounting Treatment of Control Accounts and Bank Reconciliation
10) Preparations of Financial Statements

Introduction to Accounting
1) The Nature and Scope of Accounting and the Role of Accountants
2) The Accounting Function and its relationship with the information system and organisations.
3) Accounting procedure and systems.
4) Double entry book-keeping systems.
5) The trial balance, accruals, pre-payments and adjustments.
6) Classification of expenditure between capital and revenue.
7) Methods of recording accounting date, manual and mechanical.
8) Manufacturing, Trading and Profit and Loss Accounts and
Balance Sheets of a Sole Trader.
9) Accounting Treatment of Control Accounts and Bank
Reconciliation, Preparations of Financial Statements.

Introduction to Business
1) The Nature and Scope of Business
2) Characteristics, Objectives and Qualities of Successful Business.
3) Division of business into industry and commerce
4) Management of business, requisites for success in business and economic system.
5) Evolution of Business
6) Development and evolution of commerce,
7) Evolution of industry, industry revolution, growth of business in developed countries.
8) Decision Process for establishing business enterprise.
9) Entrepreneurial decision focus,
10) Methodology of launching a new enterprise
11) Problems and Facilities for industrial enterprises in developed countries
12) Forms of ownership of organization: Sole proprietorship,
Partnership, Joint-stock, Cooperative scale of operation and economics of size.
13) Operations and size of firm, measure of size.
14) Type of firm (optimum, representative, equilibrium etc).
15) Factor determining optimum size, reconciliation of optima tendency towards large size
16) Plant location and layout.
17) The social responsibility of business.
18) International business.

Introduction to Business Mathematics
1) Mathematical concepts in management
2) Set Theory
3) Factors and Exponents
4) Logarithms
5) Trigonometry
6) Equation, functions and progressions
7) Coordinate Geometry
8) Inequalities
9) Permutations and Combinations

Economics of Banking Operation
1) The theory of the Banking Firms
2) Nature of Banking Inputs and Outputs,
3) Supply of and demand of banking services
4) Cost of banking operations
5) Pricing of banking services
6) Credit availability and credit rationing
7) Economics of scale in banking operations
8) Performance in banking
9) Unit and branch banking
10) Bank merger and automation in banking

YEAR ONE COURSES
(2nd Semester Courses)

Element of Banking
1) Basic concept of money and credit:
a. Definition
b. Origin
c. Importance
d. Functions
e. Characteristics of money and credit
2) Money creation by commercial banks
3) Different types of money and means of exchange and their distinguishing features
4) Demand and supply of money
5) Quantity theory of money
6) Evolution and structure of U.K banking
7) Different types of banking institutions
8) Non-banking institutions like insurance companies, pension and provident funds, finance houses, state finance corporations.
9) Evolution and structure of financial markets in U.K.
10) The role of banking in the economy.

Introduction to Investment decision
2) Basis of investment decision
3) Risk return relationship
4) Financial market
5) United Kingdom stock exchange markets
6) Methods of raising capital on the capital markets efficiency
7) Capital budgeting
8) Evaluation of investment performance interpretation and analysis of financial statement.
9) Introduction to portfolio management.

Introduction to Finance
1) Introduction
2) Definition of finance, Risk and finance
3) Organisation of the firm, scope of finance functions, sources of finance
4) Financial markets: nature of financial markets
5) Type of financial market
6) Capital instruments Regulators and participants in the capital market
7) Financial statement analysis: overview of financial statements.
8) Uses of financial statements
9) Concept of financial ratio
10) Limitations of ratio analysis
11) Concepts of time value of money
12) Time value concepts
13) Simple interest and compound interest

Corporate Finance
1) Model of financial decision making and investment and financing decisions.
2) Decisions under perfect capital market: the rationale of NPV.
3) The value of additive principles and the mutually exclusive investment
4) Effectiveness of inflation and taxation on investment of single period and multi period capital rationing investment under certainty rational method
5) Conceptual problems in certainty modern method.
6) Portfolio theory in relation to corporate investment.
The cost of capital as weighted average.
7) Problems of measurement and definition
8) The cost of capital and financing policy
9) The cost of capital and investment decisions.

YEAR TWO COURSES
(1st Semester Courses)

Law Relating to Banking
1) Nature and Regulation governing the establishment
and running of banks in the United Kingdom
2) Agency: Types and creation; right and duties of agents, relationship of principals
and agents of third parties, bankers as agents, special classes of agents.
3) Business Law: Distinguishing features of partnership, formation and dissolution, registration of business names; partnership property and its application on dissolution.
Companies and Company Law; types of shares; debentures; borrowing power authority of directors; winding up of companies; classes of creditors in winding up.
4) Bankruptcy: Acts of bankruptcy; procedure of bankrupt, adjudication; distribution of property available, invalid assignment of property; distribution of bankrupt’s property
and discharge of bankrupt.
III. Land and building
IV. Stocks and shares
V. Goods and produce
VI. Cash/deposits
VII. Assignment of contracts
VIII. Interest in wills and settlement
IX. Letters of comfort/awareness
X. Life policies.; debentures, vehicles and chattels
XI. Books debts
XII. Agricultural charges
XIII. Guarantee, bonds and indemnities
XIV. Standby letters of credit

5) Banking lending: lending principles, concepts and practise; conflicts between profitability, liquidity and development objectives and their harmonisation with relevant regulatory controls. The interpretation and criticism for lending purposes of accounting statement including balance sheets, profit and loss accounts, cash flow statements, budgets and cash flow forecasts. Distinguishing between customer’s wants and needs.
A reasoned appraisal of lending proposition such as project financing and loan syndication. Advances control and bad debt recovery.

6) Bank services to customers; Investment, insurance, pensions, trustee services, tax
services, travel services, hire purchase and all other types of personal lending services. Factorizing, leasing, business advisory services, issuing house rvices, import/export services, money management, pension schemes, credit card services payroll and money transmission.

Financial Risk Management
The coverage of the course includes; risk using gap analysis, duration analysis, and value at risk sensitivity analysis. Futures market, Forward Rate Agreements (FRA); options
swap hedging and hedging techniques.

Comparative Banking System
The structure, evolution, functions and regulatory framework of banking institutions in different countries and categories of countries compared and contracted. Banking systems: Unit banking, branch banking, group banking, mixed banking, correspondence banking, universal banking and Islamic banking systems

Research Methodology
w Introduction to research methodology
w Skills of scientific investigation
w Information gathering, analysis and interpretation in dealing with business and organisational behaviour problems in UK
w Steps in research agenda and proposal
w The art of problem identification and analysis and report writing
w The problem and prospects of business research in a seller’s market like UK
w Qualitative research
w Survey research and experimental research method
w Mechanics and styles of research reports
w Ethical issues in management research

YEAR THREE COURSES
(1st Semester Courses)

Bank Lending and Credit Administration
1) Knowledge of Securities and Protection to the Bank: land and building, shares certificates. Deposits, guarantees/ pledges, bonds and indemnities. Insurance policies
and debentures.

2) Perfection and Protection: fundamental legal searches. Valuations and physical visits. Insurance charges-legal or equitable mortgages..

YEAR THREE COURSES
(2nd Semester Courses)

International Banking and Financing
Nature, functions and transactions in the foreign exchange market foreign leakages and problems in developed countries: euro-financial and the role of international money and
capital markets marketers in euro-currencies, euro-bonds, internal and foreign bonds, impact of euro banks and eurocurrency markets on international financing liquidity, and
countries stabilizations efforts of multinational business enterprises.

International Finance and Trade Policy
International Banking and foreign exchange Management: Agency relationship, creation and management. Correspondence banking and means of settlements in international trade. Travel and electronic money transfers facilities. The foreign exchange systems and markets. International foreign exchange system and markets. Exchange rate mechanism. Types of exchange rate market system. Types pf exchange rate quotation system factors
affecting exchange rate. The basic principles of hedging exchange control regulations. Hedging techniques, including forward contracts, currency borrowing, currency netting, currency swap, future markets, currency options etc. Commodity exchange; Management of foreign operations and international investment international trade and economic cooperation.

Research Project
Developing student skills in analysing and writing report based on an empirical or library study of a specific subjects matter or topic in relevant administration and management studies

w Management models for effective project presentation
w Students would present a research-based report of not less than 5,500 words and
about 60-80 pages at the end of the academic year.

MDP has its own academic board and University approved quality assurance systems, ensuring that it maintains the quality standards of the University while having the freedom to provide the high level of customer service expected by clients.

The BA (Honours) Business Management (BABM) has been designed to help you develop your career as a business manager and to prepare you for increased responsibility in your workplace. The overall programme aim is to develop knowledge and understanding to analyse, evaluate and take responsibility for administration systems and processes that make an effective contribution to business performance.

This top-up degree allows students to progress from the IAM Advanced Diploma in Administrative Management.

The programme is operated by our partners the Management Development Partnership (MDP), who specialise in distance learning programmes leading to a University qualification. MDP has worked closely with the IAM and a leading UK University in the development of the programme.

Professional accreditation
Upon successful completion of this programme, graduates will be guaranteed the offer of Associate Member status, or with three years’ managerial experience, full Member status, from the Chartered Management Institute.

Career opportunities
You will be able to follow careers in fields from marketing to general management across all sections of business and industry.

Entry requirements
Minimum of two A’ levels or equivalent, together with mathematics and English at GCSE, grade C or above, or equivalent. If you have a relevant HND or foundation degree you may enter a final year of the programme or IAM programmes.

ROGRAM OBJECTIVES

On successful completion of this course you should be able to demonstrate:

• Knowledge and understanding in areas including markets and customers, finance, human issues, operational issues, the use of ICT and the development of policy and strategy.

• Relevant skills appropriate to the business domain such as critical thinking, analysis, evaluation and synthesis.

• Subject-specific practical and professional skills including the application of knowledge and understanding in contemporary issues in business such as change management, global business strategies, and markets and the ability to research business and management issues.

• Transferable skills in areas such as problem solving, communication, quantitative skills, interpersonal skills and research skills.

This degree from a leading UK University creates international mobility and greater career advancement opportunities for its graduates.

This business programme consists of units that include much required by a working professional or businessperson of an organisation operating in an international business environment.

This programme will be facilitated by highly qualified academic staff who are both subject matter experts as well as trained e-facilitators. They will provide participants with continual support throughout the programme.

This flexible method of learning allows participants to cope with study commitments without compromising on work responsibilities.

Modular learning gives participants more control in their time management and allows them to learn at their own pace.

Universally recognized

Recognized by QCA

Structure of Course

Year 1
• Business Accounting
• Business Law: An Introduction
• Communication: Analysing and Presenting Complex Com.
• Creating a culture of customer care
• Economic Issues: An Introduction
• Economic 1: Micro and Macro theory
• Information Technology Managing People and Organisations
• Marketing: An Introduction
• Using software Application Packages
• Personal Development Planning
• Introduction to Managing the Human Resource
• Business: Graded Unit 1
• Managing People and Organisations

Year 2
• Behavioural skills for business
• Business Contractual relationships
• Business Culture and strategy
• Economics 2: the World Economy
• Information and Comm. Technology in business
• Preparing Financial Forecasts
• Statistics for Business
• Business: Graded Unit 2
• Training and developing the workforce
• Presentation Skills
• International Marketing: An Introduction
• Business: Graded Unit 3

Year 3
The third and the final year consists a total of eight modules to be completed. It includes five core modules and a choice of three from the elective modules available. The modules are as follows:

Core Modules
• International Monetary Economics and International Trade
• Strategic Management
• Business to Business Marketing
• Research Methods
• International Finance

Elective Modules
Choose any Three
• Business Systems Analysis and Decision support
• International Marketing Strategy
• Management and Organisations
• Global Business Strategies
• Marketing communication
Programme Duration:  A three year full time programme

Entry Requirements
• Application should have five GCSE passes grade A-C including English and math, Plus one of the following:
• 2-A Level with minimum Grade A-C
• International Baccalaureate Diploma 24 points overall standard Subjects/ 12 points high level subjects
• IAM Diploma in Administrative Management (level -4) is eligible for BBA (Hons) 2nd year and IAM Advanced Diploma (level-5) are eligible for BBA (Hons) 3 rd year.