Northumbria University Newcastle - Accounting, Finance and Economics Foundation Year

Northumbria University Newcastle

Accounting, Finance and Economics Foundation Year

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.

Entry Requirements

Standard Entry

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

Find out how many points your qualifications are worth using the UCAS Tariff calculator:

Subject Requirements:

There are no specific subject requirements for this courseGCSE Requirements:
Students will need Maths and English Language at minimum grade 4 or C, or the equivalent.

Additional Requirements:

There are no additional requirements for this courseInternational Qualifications:
We welcome applicants with a range of qualifications from the UK and worldwide which may not exactly match those shown above. If you have taken qualifications outside the UK you can find out how your qualifications compare by visiting our country page

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*).

Career Prospects

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.  

Course Details

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.

Foundation Year

Professional Practice for Accounting, Finance and Economics (Core,20 Credits)
Practical Mathematics and Statistics (Core,20 Credits)
Navigating the Financial World (Core,20 Credits)
Ethics and Social Responsibility (Core,20 Credits)
Business Intelligence and Analytics (Core,20 Credits)
Contemporary Issues in Accounting, Finance and Economics (Core,20 Credits)

*The information’s are correct at the time of publishing, however it may change if university makes any changes after we have published the information. While we try our best to provide correct information, It is advisable to call us or visit university website for up to date information.

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