help for accounting people

2. ◦ The ability to interrogate data – for example
using ratio analysis to evaluate the impact on
profitability and liquidity of a firm
◦ The ability to present arguments and make
judgments and justified
recommendations e.g. when advising the
most appropriate source of finance for
business expansion
◦ The ability to construct year end financial
statements and make appropriate
adjustments

3.  Feedback from previous students has been
overwhelmingly positive.
 Many feel that when going on to study at
degree level the skills gained from
Accounting A Level have benefitted them
greatly and this has led to:
 An easier first year
 a higher degree classification

4.  Another reason to take the A2 qualification is
the results which are far in excess of national
levels
Loreto
A*-A
Benchmark
A*-A %
Loreto
A-B
Benchmark
A-B
Loreto
A-E
Benchmark
A-E
2012 38.24 13.79 67.65 36.14 100 94.38
2011 27.27 13.82 54.54 35.12 100 94.89
2010 32.65 15.33 67.35 37.36 100 93.94
2009 26.67 13.49 66.67 35.83 100 93.44
2008 55.45 14.74 77.27 33.93 100 92.75

6. Can be studied as:
 A single Honours
 A Joint Honours
 Accounting degrees from a Russell Group
University are highly valued by employers.
 Some universities have specific entrance
requirements in terms of GCSE (all require a C
and some require a B or even an A!) and A level
maths.
◦ For example, the University of Bristol expect A Level
Maths at A grade. Double check UCAS!
 Check what grade is required for English GCSE
too!

7. Single Honours
• Accounting
• Finance
• Banking
• Management
• Economics
• Human Resources
• Marketing
• Business Studies
• Law

8. Single Honours Combined Honours
• Accounting
• Finance
• Banking
• Management
• Business Studies
• Economics
• Human Resources
• Marketing
• Law
• Accounting &
Economics
• Business &
Economics
• Business &
Accounting
• Accounting &
Finance

9. Single Honours Combined Honours Other subject
combinations
• Accounting
• Finance
• Banking
• Management
• Business Studies
• Economics
• Human Resources
• Marketing
• Law
• Accounting &
Economics
• Business &
Economics
• Business &
Accounting
• Accounting &
Finance
• Law & Accounting
• Accounting &
Maths
• Accounting &
Foreign
Languages
• Accounting and
Management
Information
Systems

10.  The following are the top 10 universities for
Accounting and Economics in the UK
 Many students who want to pursue a career in
Accounting take an Economics degree first as an
alternative route
 If you prefer to stay closer to home the top 10
universities in the North West have also been
included!
 Rankings may vary dependent on course and data
source. It is also a good idea to do research on the
Guardian and Times websites when choosing a
course
 All information is taken from:
◦ http://www.thecompleteuniversityguide.co.uk/

11. Ranking University
1 Bath
2 London School of Economics
3 Warwick
4 Strathclyde
5 Leeds
6 Glasgow
7 Loughborough
8 Exeter
9 Cardiff
10 Newcastle

12. Ranking University
1 Warwick
2 London School of Economics
3 Oxford
4 Cambridge
5 University College London
6 Bristol
7 Exeter
8 St Andrews
9 Durham
10 Nottingham

13. Ranking University
11. Lancaster
15. Manchester
29. Liverpool
39. Manchester Metropolitan
40. Salford
61. Liverpool John Moores
69. Chester
76. UCLAN
81. Edge Hill
89. Bolton

14.  Accounting (3/4 Years) [BSc]
 Number of places/applicants: 286
applications for 39 places
 Typical A-level offer: AAA
 GCSE:
◦ GCSE Mathematics - minimum grade A
◦ GCSE English Language - minimum grade B
 http://www.manchester.ac.uk/undergraduate
/courses/search2014/bysubject/course/?cod
e=07808&pg=1

15.  84% of FTSE 100 companies have a Chartered
Accountant on their board
 58% of UK FTSE 100 companies have an
Chartered Accountant as chairman, CEO or
CFO
 FTSE 10 companies include HSBC, BP,
AstraZeneca and BT

16.  Actuary:
 Actuaries evaluate, manage and advise on
financial risks. They apply their knowledge of
business and economics, together with their
understanding of probability theory, statistics
and investment theory, to provide strategic,
commercial and financial advice.
 The core of actuarial work lies within pensions
and insurance.
 Typical starting salaries for graduates fall
generally within the range of £25,000 - £35,000
 Typical salary at senior level/with
experience, e.g. after 10-15 years in the role:
over £60,000.

17.  Chartered accountant:
 This might involve them in financial reporting,
taxation, auditing, forensic accounting, corporate
finance, business recovery and insolvency, or
accounting systems and processes. Generally, they
play a strategic role by providing professional advice,
aiming to maximise profitability on behalf of their
client or employer.
 Starting salaries vary considerably from £18,000 to
£28,000
 The typical salary for a newly qualified accountant is
£26,000 to £50,000+ while the average for a
chartered accountant in a senior role is up to
£100,000

18.  Retail banker:
 A retail banker works in banks and building
societies that can be found on the high street,
although there are now increasing opportunities to
work for online banks and supermarkets which
offer a banking service.
 This can include authorising loans and overdraft
facilities, setting up saving accounts and bonds,
and assisting in the movement of money via
payment mechanisms.
 Starting salaries for entrants on graduate
management trainee programmes are typically in
the region of £18,000-£25,000,
 Central management roles can earn in excess of
£80,000.

19.  Investment analyst:
 An investment analyst undertakes research to provide
information and investment ideas to fund managers.
 Some analysts work for investment management
companies, providing information to in-house fund
managers; others work for stockbrokers and
investment banks, where their research assists their
employer's clients, usually fund managers/hedge
funds.
 Typical starting salary for entry-level graduate
positions: £28,000 - £40,000 in London, with possible
bonuses of 20% - 100% in the first three years.
 After five to eight years, salaries rise to £65,000 -
£100,000, with bonuses of up to 40% - 150%. Typical
salaries at senior levels can be £110,000+, with
bonuses of up to 200% of salary.