ECUB05
LOUGHBOROUGH UNIVERSITY
Regulations for the Honours Degree Programmes in
ECONOMICS WITH ACCOUNTING: ECUB05
These Programme Regulations apply to the conduct of the programme in the 2011-12
session and should be read in conjunction with University Regulation XX and the
relevant Module Specifications. These programme regulations may be subject to
change from time to time. Notice of change will be given by the School responsible
for the programme.
1.
Structure
1.1
Administrative responsibility for the programme rests with the School of Business and
Economics.
1.2
The programme leads to the Degree of Bachelor of Science.
1.3
The duration of the programme is either 6 semesters or 8 semesters if students
undertake a year abroad (Part I) which occurs between Part B and Part C.
Permission to transfer to the 8 semester programme will be at the discretion of the
Deputy Director of Learning and Teaching (Economics).
1.4
Students must have a total modular weighting of 120 credits per year. This must
include the compulsory modules. The remaining optional modules may be chosen to
give a 60:60 split over the two semesters, or alternatively, 50:70 or 70:50.
1.5
The prefixes on module codes represent the credit levels as follows:
A
level 4;
B
level 5;
C
level 6.
2.
Content
2.1
Part A – Economics with Accounting Introductory Modules
Semester 1 and 2 COMPULSORY MODULES:
BSA017
Financial Accounting Fundamentals
ECA001
Principles of Macroeconomics
ECA002
Principles of Microeconomics
ECA003
Data Analysis
ECA004
Quantitative Economics
Semester 1 COMPULSORY MODULES
BSA025 Introduction to law
Semester 2 COMPULSARY MODULES
BSA018
Introduction to Management Accounting
2.2
Part B – Economics with Accounting
Semester 1 and 2
COMPULSORY MODULES:
BSB005
Management Accounting A
ECB001
Intermediate Macroeconomics
ECB002
Intermediate Microeconomics
ECB004
Introduction to Finance
ECB015
Economics of the Financial System
20
20
20
20
20
10
10
20
20
20
20
20
ECUB05
Semester 1
COMPULSORY MODULES:
BSB007
Intermediate Financial Accounting
Semester 2
COMPULSORY MODULES:
BSB015
Company Law
10
10
2.3
Part I : Optional Year Abroad (8 semester programme only)
During the Year Abroad students will undertake a programme of study as specified by
the School of Business and Economics.
2.4
Part C – Economics with Accounting
COMPULSORY MODULES
Semester 1 and 2
BSC005
Advanced Financial Accounting
BSC010
Management Accounting and Control
Semester 1
ECC004
Financial Econometrics and Asset Pricing
Semester 2
ECC005
Economics of Industry and the Firm
ECC141
Corporate Finance and Derivatives
OPTIONAL MODULES – Choose one
Semester 1 and 2
ECC011
Introduction to Econometrics
Semester 1
ECC003
International Money and Finance
ECC009
Public Finance
ECC031
International Trade
ECC035
Monetary Theory and Policy
ECC101
Developments in Macroeconomics
3.
3.1
20
20
20
20
20
20
20
20
20
20
20
Assessment
Criteria for Progression
a) Part A
In order to progress from Part A to Part B candidates must accumulate 100
credits and obtain a minimum of 30% in remaining modules.
b) Part B
In order to progress from Part B to Part C candidates must accumulate at least
200 credits including at least 100 from degree level modules taken in Part B and
obtain a minimum of 30% in remaining modules.
c) Part C
Candidates will be required to obtain 100 credits at 40% or above, plus a
minimum mark of 20% in any remaining modules, in accordance with Regulation
XX(26). Students registering onto the programme from 2010 onwards will be
required to obtain 100 credits at 40% or above, plus a minimum mark of 30% in
the remaining modules.
ECUB05
3.2
Criteria for Degree Award
Candidates will be eligible for the appropriate undergraduate award when they have
accumulated the following minimum credits.
Degree of Bachelor (Honours Degree)
300 credits, not less than 100 of which shall have accrued from degree level modules
taken in Part C, in not less than 6 semesters.
The criteria for completion of Part C and the award of the degree are set out in
Regulation XX.
3.3
Relative Weighting of Parts of the Programme for the purpose of Final Degree
Classification
Candidates' final degree classification will be determined on the basis of performance
in degree level Module Assessments in Parts B and C in accordance with the scheme
set out in Regulation XX. The average percentage marks for each Part will be
combined in the ratio Part B 30% : Part C 70% to determine the final Programme
Mark.
A Diploma in Professional Studies will be awarded to students who have satisfactorily
completed the programme of study required for Part I.
4.
Reassessment
Candidates must accumulate at least 60 credits in a Part of a Programme in order to
be eligible for reassessment in the relevant Part during the University’s Special
Assessment Period.
Provision will be made in accordance with Regulation XX for candidates who have
the right of reassessment in any Part of the programme to undergo re-assessment in
the University's Special Assessment Period.
Final year students will be eligible to enter to the University’s Special Assessment
Period providing they have accumulated at least 60 credits in Part C as above.
If a student registers to resit a module, they will be required to resit all failed
components of that module (ie if their coursework mark was less then 40% they must
resit the coursework and if their exam mark was less than 40% they must resit the
exam). If a student resits the coursework element of a module and there was more
than 1 coursework assignment for that module, then the student would be required to
resit all coursework assignments in which they achieved a mark below 40%. Marks
for elements of a module not being re-sat will be carried forward.
5.
Accreditation for Economics with Accountancy
In order to retain exemptions from foundation-level professional courses (under the
requirements of the professional bodies) following graduation, candidates must
achieve a minimum mark of 40% overall and 35% in each assessed component in
core modules as defined by the various professional bodies for accreditation
purposes. The core modules are those in accounting, law and finance.
Updated March 2011