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BA Accounting & Economics

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Key facts

  • UCAS Code: NL41
  • Accreditation: Institute of Chartered Accountants Scotland, Association of Chartered Certified Accountants, Chartered Institute of Management Accountants

  • Second-year entry: may be available to suitably-qualified students

  • Applicant visit days: these take place in March each year

Study with us

  • learn at a pioneering internationally-renowned academic organisation
  • ranked 1st in the UK for Accounting & Finance, Top 10 for Economics and Business & Management Studies, in the Complete University Guide Subject Tables 2022
  • awarded Times Higher Education UK Business School of the Year in 2016
  • learn about the preparation, presentation and interpretation of financial information
  • use key economics concepts and models to better understand real-world problems
  • develop excellent analytical and problem-solving skills that are highly valued by employers

How could the Covid-19 pandemic affect my studies?

Covid-19: information & FAQs
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Why this course?

Studying accounting at Strathclyde, you'll learn about the preparation, presentation and interpretation of financial information that enables investors, lenders, management, employees, government and others to make effective decisions.

You'll also learn how to read and interpret accounting information in the annual reports of businesses and the financial information within the public sector and become familiar with the principles and practice of presenting information to those who manage all types of organisations.

Accounting at Strathclyde is fully accredited for entry to the Institute of Chartered Accountants of Scotland in the majority of study combinations, as well as offering possible exemptions to other professional bodies, eg Association of Chartered Certified Accountants and the Chartered Institute of Management Accountants.

Following the recent global economic crisis, economics is more important and relevant than ever. Decisions on money, banking, interest rates, taxation and government spending affect us all, with global consequences.

Economics aims to understand the activities of the different agents in the economy – consumers, producers and the government – and how they all fit together.

Our degree will give you the ability to explain complex data in simple terms to different audiences. You’ll also develop excellent mathematical, statistical and problem-solving skills.

Exterior of Strathclyde Business School with students walking past

THE Awards 2019: UK University of the Year Winner

What you'll study

Create your own course

Modern business is too complex to be covered by a single subject. Modern managers need to have a broad outlook.

You'll follow a broad-based Year 1 curriculum which will introduce you to foundation accountancy and finance concepts, plus economics and a choice of other introductory business disciplines.

These modules will be taken alongside the Business School’s core modules for international business, business knowledge and skills (the Management Development Programme), and academic skills support. This provides you with the opportunity to try new subjects, some of which you won’t have experienced at school or college.

At the beginning of Year 2, you choose two subjects to continue studying in Years 2 and 3, along with modules required if you are following the accredited accounting pathway, plus further Management Development modules in Year 2 and 3.

Accounting

You'll study core accounting and finance subjects, along with economics. You can also complete accreditation requirements for professional accountancy bodies, if you take the required modules, such as taxation and law.

Please note: competitive progression requirements are in place for entry to the Honours year – currently this is a 55% average in the Year 2 and 3 subject modules.

Economics

  • Year 1: the first year module looks at consumers and industries, with markets, market failure and the role of government, unemployment and inflation. No previous knowledge of economics is assumed but the class is also suitable if you've studied the subject before
  • Year 2: you'll take core classes in microeconomics and macroeconomics and choose from a number of optional classes
  • Year 3: as a third-year student, you will study a combination of core and optional classes to develop the foundations laid in Years 1 and 2 with a view to Honours study
  • Year 4: optional classes complement the areas of microeconomics and macroeconomics. You'll also write a dissertation
Top 10 for Economics. Complete University Guide League Tables 2022.
Top 10 for Economics. Complete University Guide League Tables 2022.

Facilities

Teaching includes lectures, seminars, tutorials and workshops, all taking place in excellent accommodation with Wi-Fi access. Library and other study facilities are excellent, as are all of the resources to make your life as a student fulfilling and enjoyable.

As a BA student, you'll find that one of the most important resources available to you is being part of the Strathclyde Business School community. One example of this is the Strathclyde Business School Blog, used extensively by staff and students to showcase our activities.

Student competitions

Prizes for best overall performance are awarded to students in all years of study. We also offer a prize for the best final dissertation in economics in the final Honours year of study. All prize recipients will be invited to attend the Graduation Reception for our final year students.

Zhibo Xie, Accounting & Economics student
Strathclyde has given me lots of opportunities to give my utmost effort in completing projects and events, and all these have brought me closer to becoming the type of leader I aspire to become.
Zhibo Xie
Accounting & Economics
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Course content

The Accounting programme follows a suite of accounting and finance modules, providing a grounding in these subjects, plus economics and business analysis, plus a choice of another introductory business module. These are supplemented by the three integrating Business School modules in international business, business knowledge and skills, and academic skills.

In Years 2 and 3 you will study accounting plus another business discipline of your choice. The accounting programme will cover financial reporting; management accounting; governance; taxation; auditing and assurance.

Year 4 (Honours) offers a range of modules, for example:

  • Sustainability Accounting
  • Sustainable & purposeful finance
  • Management Accounting Theory & Practice
  • Auditing Theory & Practice
  • Accounting technologies
  • Accounting & Risk
Introduction to Finance & Accounting

This module will provide you with an introduction to finance and accounting, covering the basic concepts and practicalities of corporate finance, the principles of valuation, financial management and business investment, the role and purpose of company accounts and their usefulness, security analysis, risk and returns from investments, and personal finance.

At all times the module content will be linked with financial behaviour and events in the real world.

Accounting Technologies

This module will introduce students to the study of management and financial accounting. It's designed to provide an introduction to accounting for those students who intend to study accounting in subsequent years. It assumes no prior knowledge. It ensures that, in combination with other modules, the accreditation requirements of Professional accountancy bodies are met.

Introduction to Finance & Financial Statistics

This module provides an introduction to finance for accounting students who require a finance stream for professional accreditation. The module will cover an introduction to financial management and statistical applications in finance.

The module provides an introduction to finance, covering the basic theories of financial markets, corporate finance and investment, financial management, personal finance, security analysis and statistical applications in finance.

Introduction to Economics and Business Analysis & Technology

The module will provide you with a balanced introduction to economics which will be based on a programme of systematic directed reading, supplemented by experiments and exercises undertaken in tutorials.

The module uses the innovative COREecon resources, which provides a complete introduction to economics and the economy. COREecon teaches about the economy and economics by starting from a question or a problem about the economy - why the advent of capitalism is associated with a sharp increase in average living standards, for example - and then teach the tools of economics that contribute to an answer. This innovative approach ensures that students understand how the tools of economics can help us understand the modern economy.

The second half of the module is the study of how analytical thinking, scientific method and associated tools can be used to help decision making. This Business Analysis element of the module will provide an overview of where methods and tools are widely used across a large range of industries including the manufacturing, retail, healthcare, financial services, travel, and electronics industries, as well as in local and national government.

Examples of where Business Analysis is put into practice are:

  • the management of new building projects
  • the design of efficient transport systems and plant layouts
  • personnel scheduling
  • allocation of resources and financial modelling and forecasting

This area of expertise can help to reduce costs, increase revenues, improve customer service, increase efficiency and can even save lives.

Introduction to International Business

This module introduces learners to the field and practice of international business and management.

Drawing on classical and recent debates in theory and practice including, but not limited to commercial concerns, learners will be equipped with an understanding of the foundational principles and developments of the subject.

In the module, we consider how international business and management is researched, and facilitate a critical understanding based on real-life case studies in international contexts. This module gives learners the capacity to look at the past, present and future in organisations and provides the foundations for intellectual progression in the subject, and broadly, for year two and beyond.  

Management Development Programme 1

The ICE Pathway - “Innovation, Commercialisation & Entrepreneurship”, where you'll learn about the Foundations of 'What is Business’.  Alongside:

  • Personal & Professional Development: Who am I? How Do I learn? How do I lead & work in a team?
  • Knowledge & Practice: What is a business/organisation? Why does this matter? How does this affect society?
  • Experiential Learning: Real-world cases & clients; team-based and student-centered Learning approaches
Academic Skills

This class aims to support you in developing key skills that are important to both your academic and future career. These include skills associated with:

  • research
  • data analysis
  • critical writing
  • team working
  • communication
Management Development Programme 2

Topics

Semester 1 topics include:

  • Working in Business Organisations
  • Working Business Research & Consultancy
  • Working Internationally
  • Working in the Third Sector
  • Rhetorics & Oratory

Semester 2 is about developing the proposal of MDP3; with a presentation and a final report.

Class description

The second year concentrates on developing understanding through industry-specific contextualisation. Sessions are weekly and three hours in length.

The sessions are thematically linked to the pathways for individualised experience in third year whilst also drawing on the theoretical knowledge developed in MDP 1. In order to develop understanding, organisations will deliver a half-day session. This consists of a one hour plenary introduction where the company and case study are introduced. This is followed by the group sessions where you undertake activities in relation to the case study set by the company.

Accounting

Course summary

The second year of study develops skills in financial and management accounting, while you'll also have the opportunity to study taxation.

Economics

Microeconomics 2
This is the core microeconomics class in second year. It aims to develop your understanding of: the concepts of consumer choice; the motives of the firm and profit maximisation; the market and its role in achieving equilibrium prices and quantities; and the implications of market power. It will introduce you to mathematical techniques commonplace in economics, giving you the ability to apply these in a wider economic context.  
Macroeconomics 2
The class builds upon the macroeconomic foundations established in the first year Economics class and both extends and deepens analysis. In particular this class will develop your ability to use key macroeconomic models and will also provide an introduction to the analysis of economic data.
Management Development Programme 3

The third year of centres on individualised experience in an organisational context through one of the following pathways:

  • Internship/Charities - gain practical experience in a private or third sector organisation. You need to negotiate and locate your own organisation and experience – this is one of the key learning points of the pathway.
  • Research and consultancy - a facility for local small businesses to gain from the experience and expertise of those within SBS. You work on two live business consultancy projects (one in each semester) and, as a team of 6, develop solutions and strategic initiatives for the local SME economy.
  • International experience – only available for students who are undertaking an international exchange for either one semester or full year.
  • Vertically Integrated Projects - working on a cross-faculty basis to research longitudinal projects (including the ‘Bill Gates Toilet Challenge, Solar Panels for Gambia and Enterprise in Schools) you work with a team of students from all levels of study (first year undergraduate to final year PhD) to further the work of the project.

In addition, you’re required to undertake a social responsibility element (this accounts for one quarter of the overall workload).

These have been designed to provide support to the Curriculum for Excellence and the Widening Access to Higher Education programme. There are no formal classes for MDP3 although there is pathway support with the pathway leads and tutor support.

Accounting

Course summary

Classes in this year of study cover financial and management accounting and the study of auditing. By the end of this year you'll normally have completed the accreditation requirements for professional accountancy bodies, provided you have taken the classes prescribed for the accredited pathway.

Economics

Microeconomics 3
Adam Smith's hidden hand - markets result in efficient outcomes - doesn't always work. We seek to understand why through the study of market power, externalities and public goods, and then go on to apply these ideas to issues of education, healthcare provision and crime and punishment.
Macroeconomics 3
This class builds on the Macroeconomics you studied in second year by covering four topics in detail: (i) models of economic growth; (ii) the effects of macroeconomic policy in an open economy; (iii) the interrelationships between money growth, output, unemployment and inflation; and (iv) the implications of high government debt.

Accounting

Course summary

Honours classes include:

  • Management Accounting Theory & Practice
  • Accounting Information Systems
  • Sustainability Accounting
  • Theory & Practice
  • Strategic Accounting & Financial Management in Entrepreneurial Firms
  • Public Sector Accounting
  • Accounting Theories
  • Accounting & Risk
  • Corporate Governance
  • Contemporary Issues in International Financial Reporting
  • Understanding 21st-century Accounting Technologies & Institutional Structures
  • Integrative Studies in Management & Accounting
  • Accounting Ethics
  • Auditing Theory & Practice & Taxation

Economics

Dissertation
The dissertation is an important part of the fourth year programme. Single Honours Economics BA students are required to submit a dissertation in Economics while Joint Honours BA students may submit a dissertation in Economics or in their other Honours subject.

Elective classes

Microeconomics 4
Game Theory and Information Economics, the topics of this class, consider market failure resulting from two different sources: individuals pursuing their own self-interest at the expense of others; and information asymmetry which alters the way agents behave. Methods to alleviate these market failures will also be considered.
Macroeconomics 4
This class aims to provide you with the required tools to understand current macroeconomic issues, such as the interactions between the banking sector and monetary policy or the policy responses to the global financial crisis.  Throughout the class, the analytical usefulness of the theoretical models taught is illustrated with real-world examples.
Introduction to Econometrics
This class builds upon the empirical content of Macroeconomics 2 and further develops your ability to analyse economic data. In addition, this class lays the foundations for further study of econometrics at Honours level.
Economics of Firms & Industries
This class introduces you to different industry structures and studies the behaviour of firms within those structures.  The material builds on the study of the theory of the firm presented in Microeconomics 2 and provides a foundation for the study of industrial organisation at Honours level.
Industrial Economics
This course investigates the actions that firms in an industry might take to preserve their profit in that industry, and the implications that this has for competition policy and regulation. We take an analytical approach to the issues which will be supported by examining case studies and current events.
Applied Econometrics

In the third year econometrics class you’ll have learned about regression in both a cross-sectional data and time series data context. This class extends that knowledge in three ways.

First, for cross-sectional data, the class deals with regression techniques where the dependent variable may be restricted or limited in some way. In such cases, the regression model as taught in the third year class is not appropriate; this class develops models which are similar in spirit to the standard regression model, but can handle all of these cases.

A second purpose of Applied Econometrics is to develop regression methods which can be used when you have panel data - consisting of both cross-sectional and time-series dimensions.

Third, the class will build on the introduction to the econometrics of time series data developed in this class by developing two classes of models.

Financial Development & Economic Growth

This class gives a balanced view of the role of finance in promoting long-run economic growth, but also booms and busts. The nature and role of financial intermediaries will be introduced, and, afterwards, formally addressed in a simple aggregate growth model. Empirical evidence will be examined, before turning to the specifics of micro-finance. The importance of financial globalisation will also be investigated. Finally, the rest of the class will be devoted to deciphering the causes and consequences of the current financial crisis.

Behavioural Economics

Behavioural Economics offers alternative theories that merge psychological insights with economic theory and are based on experimental and other evidence, that attempt to provide a better explanation of real-world behaviour.

This class is concerned with exploring these new behavioural theories with the aim of providing you with an expanded toolkit with which to approach ‘real-world Economics’ that is based on the burgeoning Behavioural Economics literature that has emerged over the past two or three decades.

After studying this, you should be able to extend much of your previously-learned knowledge in Microeconomics in various directions that take into account more realistic ways of modelling how individuals behave.

Natural Resource, Environmental & Energy Economics

The class provides you with an introduction to natural resource, environmental and energy economics and policy. It focuses on the contributions of economics to understanding environmental, energy and resource problems, their causes, and the design of effective public policies to counteract them.

Triple-accredited business school

Learning & teaching

Teaching is over two semesters in blocks of 12 weeks. Classes are taught through lectures, tutorials, and seminars alongside team-based projects, online materials, and interactive sessions using personal response systems.

External contributors from partnership corporate organisations are involved in teaching and/or assessment of student presentations.

The innovative and highly acclaimed Management Development Programme (MDP) is at the core of our undergraduate degrees in the Business School and comprises a series of classes which you take throughout Years 1 to 3. 

You develop knowledge and skills in key areas of management, and team-working, communication and decision-making skills, all of which are highly sought-after by employers.

Major employers and alumni from all sectors are involved in the MDP, participating in group sessions, observing student presentations, and providing feedback. Organisations involved include Barclays, Deloitte, Procter & Gamble and Ernst & Young. In first year the best teams are selected to present to senior staff in one of the sponsoring organisations, and there are prizes for the best projects.

The programme builds your confidence, entrepreneurial capabilities and promotes awareness of globalisation and ethical issues in personal and business decision-making. In Year 3, you develop your own pathway from internships, involvement with business projects, engagement in interdisciplinary activities and business clinics.

Assessment

The majority of classes involve a final unseen exam which is normally at the end of the semester. This is normally supplemented by individual and/or group coursework.

Students normally have one opportunity to be re-assessed for a failed class. Exam resits normally take place during the summer.

A range of assessment techniques are used including business reports, case studies, essays, presentations, individual and group projects, learning journals and peer assessments.

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Entry requirements

Required subjects are shown in brackets.

Highers

Standard entry requirements*:

  • 1st sitting: AAAA/AAABB
  • 2nd sitting: AAAABBB

(English B, Maths A)

Minimum entry requirements**:

  • 1st sitting: AAAB/AABBB
  • 2nd sitting: AAABBBB

(Maths A, English B)

A Levels

AAA

(GCSE English Language 6/B or Literature 6/B, or an essay-based A Level B may be considered in lieu of English; A Level Maths A)

International Baccalaureate

36

(no subject below 5 and including English SL5, Maths/Maths Studies HL5)

HNC/HND

Relevant HNC/HND, A in Graded Units; for advice on entry to Year 2, contact Business School Admissions:

+44 (0)141 548 4114
sbs-adviser@strath.ac.uk

International students

View the entry requirements for your country.

Deferred entry

Not normally accepted.

*Standard entry requirements

Offers are made in accordance with specified entry requirements although admission to undergraduate programmes is considered on a competitive basis and entry requirements stated are normally the minimum level required for entry.

Whilst offers are made primarily on the basis of an applicant meeting or exceeding the stated entry criteria, admission to the University is granted on the basis of merit, and the potential to succeed. As such, a range of information is considered in determining suitability.

In exceptional cases, where an applicant does not meet the competitive entry standard, evidence may be sought in the personal statement or reference to account for performance which was affected by exceptional circumstances, and which in the view of the judgement of the selector would give confidence that the applicant is capable of completing the programme of study successfully.

**Minimum entry requirements

Find out if you can benefit from this type of offer.

Widening access

We want to increase opportunities for people from every background. Strathclyde selects our students based on merit, potential and the ability to benefit from the education we offer. We look for more than just your grades. We consider the circumstances of your education and will make lower offers to certain applicants as a result.

Find out if you can benefit from this type of offer.

Degree preparation course for international students

We offer international students (non-EU/UK) who do not meet the academic entry requirements for an undergraduate degree at Strathclyde the option of completing an Undergraduate Foundation year programme at the University of Strathclyde International Study Centre.

Upon successful completion, you will be able to progress to this degree course at the University of Strathclyde.

International students

We've a thriving international community with students coming here to study from over 100 countries across the world. Find out all you need to know about studying in Glasgow at Strathclyde and hear from students about their experiences.

Visit our international students' section

Map of the world.

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Fees & funding

All fees quoted are for full-time courses and per academic year unless stated otherwise.

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Scotland

£1,820

Fees for students who meet the relevant residence requirements in Scotland are subject to confirmation by the Scottish Funding Council. Scottish undergraduate students undertaking an exchange for a semester/year will continue to pay their normal tuition fees at Strathclyde and will not be charged fees by the overseas institution.

England, Wales & Northern Ireland

£9,250

*Assuming no change in RUK fees policy over the period, the total amount payable by undergraduate students will be capped. For students commencing study in 2021-22, this is capped at £27,750 (with the exception of the MPharm and integrated Masters programmes), MPharm students pay £9,250 for each of the four years. Students studying on integrated Masters degree programmes pay an additional £9,250 for the Masters year with the exception of those undertaking a full-year industrial placement where a separate placement fee will apply.

International

£16,000

University preparation programme fees

International students can find out more about the costs and payments of studying a university preparation programme at the University of Strathclyde International Study Centre.

Additional costs

Accounting

Course materials & costs

Textbooks do vary in price from around £40 to £100. The majority are provided free in the library or via the Virtual Learning Environment (VLE) platform. For budgeting purposes, we recommend allowing £200 per academic year for books.

Other costs

Students may be required to make hardcopy submissions for some assignments and will cover the cost of printing. Students are required to print and bind their dissertation. The cost will depend on the length of dissertation but an average cost would be in the region of £40.

Study abroad

Strathclyde Business School Exchange (compulsory for IBML (one year) and IB (one semester) and optional for BA)

Typically the cost of one semester abroad could be £6-8,000 depending on the destination and currency exchange rates. Tuition fees are not paid to the exchange institution but continue to be paid to Strathclyde University in the usual way, however, students are responsible for their own travel and living expenses ie flights, insurance, visa application, accommodation, food, textbooks etc.

Students are eligible to apply for a student loan as usual but must let the award agency (eg SAAS) know that they will be on a compulsory exchange. Students with an exchange place in Europe are eligible for Erasmus funding (subject to the outcome of Brexit negotiations) and full details of this process will be provided by the University. Students with an exchange place outside Europe are eligible to apply to the Neil Hood Memorial Fund for a scholarship. Full details of the application process are provided to all eligible students. Other scholarship opportunities may be available through the Alumni & Development department.

Economics

Course materials & Costs

Course materials comprise both textbooks and course handbooks. All of the compulsory handbooks are available to students free on the VLE. Some classes may have a recommended core textbook which you may wish to purchase but copies will be available in the University Library.

Other costs
  • dissertation print & binding costs
  • graduation gown hire
Available scholarships

Take a look at our scholarships search for funding opportunities.

Please note: All fees shown are annual and may be subject to an increase each year. Find out more about fees.

How can I fund my studies?

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Students from Scotland

Fees for students who meet the relevant residence requirements in Scotland, you may be able to apply to the Student Award Agency Scotland (SAAS) to have your tuition fees paid by the Scottish government. Scottish students may also be eligible for a bursary and loan to help cover living costs while at University.

For more information on funding your studies have a look at our University Funding page.

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Students from England, Wales & Northern Ireland

We have a generous package of bursaries on offer for students from England, Northern Ireland and Wales:

You don’t need to make a separate application for these. When your place is confirmed at Strathclyde, we’ll assess your eligibility. Have a look at our scholarship search for any more funding opportunities.

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International Students

We have a number of scholarships available to international students. Take a look at our scholarship search to find out more.

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Careers

Many of our accounting graduates go on to qualify as Chartered Accountants through one of the major accounting bodies (ICAS, ICAEW, ACCA, CIMA and CIPFA).

Accounting graduates find jobs as trainee accountants, auditors and tax trainees. Employers include Santander, Ernst & Young and PriceWaterhouseCoopers, Deloitte, HBOS, KPMG and Morgan Stanley.

Our economics graduates find work in accountancy and business services, retail and investment banking, insurance, government and industry. Job titles include economist, auditor, management accountant, business analyst, investment analyst, risk consultant and commercial manager.

The majority of study combinations of this course leads to a fully-accredited degree, allowing you to train for membership of the Institute of Chartered Accountants of Scotland.

Kathrin Fürst, Economics (BA) graduate
Another great part of the economics degree is that lecturers are passionate about their teaching and very approachable – you can always ask questions.
Kathrin Fürst
Economics (BA) graduate

Glasgow is Scotland's biggest & most cosmopolitan city

Our campus is based in the very heart of Glasgow, Scotland's largest city. National Geographic named Glasgow as one of its 'Best of the World' destinations, while Rough Guide readers have voted Glasgow the world’s friendliest city! And Time Out named Glasgow in the top ten best cities in the world - we couldn't agree more!

We're in the city centre, next to the Merchant City, both of which are great locations for sightseeing, shopping and socialising alongside your studies.

Find out what some of our students think about studying in Glasgow!

Find out all about life in Glasgow
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Apply

Start date: Sep 2021

Accounting & Economics (1 year entry)

full-time
Start date: Sep 2021

UCAS Applications

Apply through UCAS if you are a UK applicant. International applicants may apply through UCAS if they are applying to more than one UK University.

Apply now

Direct Applications

Our Direct applications service is for international applicants who wish to apply to Strathclyde University at this time.

Apply now

Start date: Sep 2022

Accounting & Economics (1 year entry)

full-time
Start date: Sep 2022

UCAS Applications

Apply through UCAS if you are a UK applicant. International applicants may apply through UCAS if they are applying to more than one UK University.

Apply now

Direct Applications

Our Direct applications service is for international applicants who wish to apply to Strathclyde University at this time.

Apply now
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Contact us

General enquiries

Business School Admissions

Telephone: +44 (0)141 548 4114

Email: sbs-adviser@strath.ac.uk

Course-specific enquiries

Accounting

Telephone: +44 (0)141 548 3261

Email: accfin@strath.ac.uk

Economics

Telephone: +44 (0)141 548 4326

Email: economics@strath.ac.uk