Accountancy

TokenWhite

I see that the Accountancy course has now changed to being a standalone course in itself rather than being part of the Business course (In the business course you could specialise in either accounting, management or marketing in the 3rd year of the course). What does this mean for business students that have just finished their 2nd year of the business course and want to go on and specialise in Accountancy?

The Accountancy course is also only a 3 year honours course whereas the business equivalent was a minimum of 4, does that mean we would get pulled back into 2nd Year of the Accountancy course and merge with last years 1st Year Accounting students? Also could any of last years 1st years fill me in on the modules you have done so far? I can't help but think (or at least hope) I might be due a few exemptions.


And on a completely unrelated topic which saves me starting an entirely new thread, when are the re-sits generally held (early/late august, early september?) Thanks

RoyalMarine

usually when they change a course the changes only affect new commers into first year, and people in 2nd year, 3rd year etc finish their course as it was when they started.

TokenWhite

Thanks for the reply. As far as I know, from talking to the some of my mates in the year above, they were effectively pulled back a year (that's to say that their modules changed to adapt to those that would be required of 2nd year accounting students) which is why I'm asking. To be honest I'm expecting the same change myself but I'm just wondering (in hope) whether we will merge with the incoming 2nd year accounting students. Haven't seen read any emails about this or read anything about it online, this year or last, they seemed to just spring it on us, like so much else.

iMuse

Im in the year above you and yeah the change was just sprung upon us. You will become a 2nd year (says so on your student card etc.) even though it will be your 3rd year at the LYIT. You will be doing the modules from 2nd year of the 3 year honours course here We weren't merged with any other years but you do share a module with 3rd year admin and 3rd year law after christmas. You will cover basically the same stuff you would have done had the course not changed but whereas before some modules where split over 2 semesters (Corporation tax and income tax for example) they are now merged into a single 10 credit module with 5 hours of class per week. This means basically you are doing 2 semesters work in 1 (exams are 3 hours long ) which is why the course has shortened to 3 years. Any other questions feel free to ask

lila44

does anyone know is this the same for Management and Marketing?

iMuse

lila44 wrote: »

does anyone know is this the same for Management and Marketing?

Nope the change doesn't affect people who choose that stream, only accountants

TokenWhite

iMuse wrote: »

Im in the year above you and yeah the change was just sprung upon us. You will become a 2nd year (says so on your student card etc.) even though it will be your 3rd year at the LYIT. You will be doing the modules from 2nd year of the 3 year honours course here We weren't merged with any other years but you do share a module with 3rd year admin and 3rd year law after christmas. You will cover basically the same stuff you would have done had the course not changed but whereas before some modules where split over 2 semesters (Corporation tax and income tax for example) they are now merged into a single 10 credit module with 5 hours of class per week. This means basically you are doing 2 semesters work in 1 (exams are 3 hours long ) which is why the course has shortened to 3 years. Any other questions feel free to ask

Cheers, I've heard the workload (and stress!) will pick up a notch next year, but that's to be expected I guess, first 2 years have been fairly laxy daisy, very doable if you were willing to put in a few hours study a week outside of college (not that I was). You might be right about us not merging but I reckon the reason your year didnt merge was that there were no 2nd years to merge with at that stage, which will hopefully not be the case next year, otherwise I expect a small class. The more the merrier I say.How many presentations should we expect to get? I'd have thought that the accountancy stream would have relatively few compared to say marketing or management but that's ot what I'm hearing.

Anyone know when are the repeats scheduled? I missed one of the january exams and was told that I could sit it as a first attempt in august, have heard nothing since and, going by the lyit website, the deadline for registering for repeats has passed, hopefully I don't fall into that category.

iMuse

As far as presentations go I had to do 4 maybe 5 during the last year As you are coming from the business general stream you have no option but to take a marketing module for both semesters which have presentations for CA. Finance required an individual presentation :eek: and Company law also required one but was group same as marketing. The workload picks up a fair bit, Tax is really fast going and you will be writing flat out for most of the 5 hours every week. You may well be merged with the other course. Also be prepared to come in Fridays as I had a 3 hour class 9.30-12.30 on Fridays for both semesters whereas Fridays where a day off in 1st and 2nd year. The lecturers are all sound and most of them you will have had before.

RosemaryMcC

I know this is an old thread but my son has just got 338 points in LC and has been offered his 2 choices at LYIT - 3 year Common Entry Business Level 7 hoping to specialise in accountacy in third year AND 3 year Accountancy level 8. Which would be best? Can't figure out why do 4 year course to achieve same result as 3 year course other than maybe 4 year route would be less stressful maybe?