Our specialist BSc Finance degree places considerable emphasis on the key quantitative and analytical skills needed to pursue a career in finance and financial markets. The degree prepares you for a career in the financial environment by providing a technical curriculum to strengthen the link between academia and practice. The BSc Finance enables you to acquire a critical understanding of theories, empirical evidence and practical application whilst maintaining a rigorous academic underpinning. In particular you will learn about corporate finance, investments, financial institutions and the vast array of sophisticated financial products traded in today’s global financial markets. Furthermore, you will develop the quantitative techniques needed to analyse, in depth, financial data and financial securities.
Students on this programme learn through a combination of lectures, seminars, tutorials, workshops, informal but scheduled one-on-one support, and self-directed learning, such as research, reading, and writing. All of these are supported by a state-of-the-art virtual learning environment, Durham University Online (DUO).
Seminars, tutorials, and workshops are much smaller groups than lectures, with tutorials often involving no more than eight students working with teaching staff; seminars and workshops can be larger but are still small enough to allow one-on-one interaction with tutors. Workshops also allow hands-on experience of solving business problems. This emphasis on small-group teaching reflects a conscious choice to enhance the quality of the learning experience rather than the quantity of formal sessions. In fact, the degree programme is designed to feature fewer formal sessions and more independent research as students move from their first to their final year.
Small-group teaching and one-on-one attention from the personal academic advisor (provided for all students when they enter the programme) are part of the learning experience throughout, but by the final year classroom time gives way, to some extent, to independent research, including a capstone dissertation – supported by one-on-one supervision – that makes up a third of final year credits. In this way the degree programme gives the student the opportunity to transform from a consumer of knowledge in the classroom to a generator of knowledge, ready for professional or postgraduate life.
These formal teaching arrangements are supported by “drop-in” surgeries with teaching staff and induction sessions that begin in the week before the start of the programme and continue at key times throughout each year of the programme.
Students can also attend an extensive programme of research-focused seminars where staff and visiting scholars present their cutting-edge research.
Flexibility – subject to optional module choice and successful completion of your first year – it may be possible to change your degree path to either Accounting and Finance or Accounting and Management. (Students who require a Tier 4 visa will need to check this in advance with the Tier 4 regulations which are in place at the time).
In the first year, compulsory modules will provide you with the key fundamentals to examine and evaluate modern financial markets. These include:
Students will also choose one further business, economics or language optional module.
In the second year you will study three compulsory modules, including:
By studying these modules you will be able to examine financial issues and the institutions, markets and securities that facilitate the vast array of financial transactions that occur continuously across global markets. Furthermore you will acquire numerous quantitative tools which enable you to interpret financial data and price financial securities.
The finance modules are complemented by two compulsory economics modules:
You will also choose one further module from a selection which in previous years have included, for example:
In the third year you will study three compulsory modules, including:
You will also complete a Dissertation which will allow you to analyse, in great depth, your choice of research question in finance. These modules facilitate the development of your theoretical and empirical knowledge of core and topical issues in finance.
You will also choose one module from a selection which have previously included, for example:
The course is founded in the disciplines of Finance and Economics and has significant application to practice whilst maintaining a rigorous academic underpinning.
Universities in the United Kingdom use a centralized system of undergraduate application: University and College Admissions Service (UCAS). It is used by both domestic and international students. Students have to register on the UCAS website before applying to the university. They will find all the necessary information about the application process on this website. Some graduate courses also require registration on this website, but in most cases students have to apply directly to the university. Some universities also accept undergraduate application through Common App (the information about it could be found on universities' websites).
Both undergraduate and graduate students may receive three types of responses from the university. The first one, “unconditional offer” means that you already reached all requirements and may be admitted to the university. The second one, “conditional offer” makes your admission possible if you fulfill some criteria – for example, have good grades on final exams. The third one, “unsuccessful application” means that you, unfortunately, could not be admitted to the university of you choice.
All universities require personal statement, which should include the reasons to study in the UK and the information about personal and professional goals of the student and a transcript, which includes grades received in high school or in the previous university.
In addition to satisfying the University’s general entry requirements, please note:
a. IELTS: 6.5 (no component under 6.0)
b. TOEFL iBT (internet based test): 92 (no component under 23)
c. Cambridge Proficiency (CPE): Grade C
d. Cambridge Advanced (CAE): Grade A
e. Cambridge IGCSE First Language English at Grade C or above [not normally acceptable for students who require a Tier 4 student visa]
f. Cambridge IGCSE English as a Second Language at Grade B or above [not normally acceptable for students who require a Tier 4 student visa]
g. GCSE English Language at grade C or above
h. Pearson Test of English (overall score 62 (with no score less than 56 in each component))
i. Certificate of Attainment (Edexcel)
j. GCE A-levels (AQA, CIE, Edexcel, CCEA, OCR, WJEC) at grade C or above in an essay based, humanities or social science subject from the following list: History, Philosophy, Government and Politics, English Language, English Literature, Geography, Religious Studies, Economics, Business Studies, Law and Sociology. Modern or Classical Languages are not acceptable in meeting this requirement.
k. International Baccalaureate with a minimum of grade 5 in Standard Level English or a minimum of grade 5 if taken at Higher Level.
l. NEAB (JMB) Test in English (Overseas)
m. Singapore Integrated Programme (SIPCAL) at grade C or above in an essay based, humanities or social science subject from the following list: History, Philosophy, Government and Politics, English Language, English Literature, Geography, Religious Studies, Economics, Business Studies, Law and Sociology. Modern or Classical Languages are not acceptable in meeting this requirement.
n. Singapore Polytechnic Diploma and Advanced Diplomas at GPA 3.0 or above
o. WAEC and NECO Grade B3 or above from Nigeria and Ghana