The Accounting, Finance and Economics Foundation Year aims to provide you with an understanding of the wider financial world. You will then learn how to apply this knowledge to real world examples.
Over the course of the year, you will be challenged to analyse and interpret financial data, tackle real life organisational issues and build the fundamental skills required in industry. You will conduct a collaborative research project to enhance your understanding further of the contemporary issues in accounting, finance and economics. You will develop the academic skills and business awareness to begin applying basic business principles to solve real world problems.
You will join the Newcastle Business School, which holds double accreditation from the Association to Advance Collegiate Schools of Business (AACSB) in business and accounting. This accreditation reflects our academic excellence and commitment to developing individuals to achieve their potential through professionally relevant, research engaged education.
Upon successful completion of the Foundation Year, you can automatically progress onto the following undergraduate degrees:
Students will also have the option to progress onto other undergraduate business courses.
Newcastle, United Kingdom
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Throughout the course of the year, you will study six modules designed to introduce you to the theories and concepts of finance in a business and develop your knowledge of applying research methods to real world practice.
You will learn the key theories and concepts of finance and gain an understanding of how this feeds into wider organisational issues. Modules such as Practical Maths and Stats will provide you with the knowledge and skills required to apply practical methods used to analyse and interpret financial data. The course provides you with the tools to apply your learning to practical scenarios, and in doing so enhance your decision-making skills.
Our modules deliver content with industry in mind, and respond to the nature of the professions you will later go into. This will provide you with the opportunity to go out into industry and speak with the likes of entrepreneurs and accountants to understand the professions from beginning to end.
Teaching and assessment will take various forms, including group work, video interviews, and presentations. A well-designed support system, including a Guidance Tutor, will underpin your learning journey, providing you with a space to discuss both academic and personal issues.
Entry Requirements 2022/23
104 UCAS Tariff points
From a combination of acceptable Level 3 qualifications which may include: A level, T Level, BTEC Diplomas/Extended Diplomas, Scottish and Irish Highers, Access to HE Diplomas or the International Baccalaureate.
There are no specific subject requirements for this course
Students will need Maths and English Language at minimum grade 4 or C, or the equivalent.
There are no additional requirements for this course
We welcome applicants with a range of qualifications from the UK and worldwide which may not exactly match those shown above.
English Language Requirements:
International applicants are required to have a minimum overall IELTS (Academic) score of 6.0 with 5.5 in each component (or approved equivalent*).
Fees and Funding 2022/23 Entry
UK Fee in Year 1: £9,250
* The maximum tuition fee that we are permitted to charge for UK students is set by government. Tuition fees may increase in each subsequent academic year of your course, these are subject to government regulations and in line with inflation.
EU Fee in Year 1: £16,500
International Fee in Year 1: £16,500
At Newcastle Business School, we have excellent links with regional, mid-tier and ‘big four’ accounting firms, as well as with key national financial organisations, enabling our students to experience what it is like to work in accounting and finance.
Upon successful completion of the Foundation Year, you will be positioned to automatically progress onto level 4 study. Your progression course will then build upon the skills gained throughout the yearlong foundation course, preparing you for future employment in the financial world.
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