Abstract

Finance is an important subject in many accountancy and other undergraduate programmes. The technical competencies in this area are covered under the QAA benchmark in finance (2007). However, the benchmark does not rigidly lay down the curriculum and competencies it expects students to acquire; universities are free to teach the subject from a variety of perspectives. In this paper the subject specific knowledge and skills emphasised in finance subjects in accounting undergraduate programmes in the UK are examined. Learning outcomes from module handbooks/unit specifications from ten universities in the UK are used to gauge and analyse what cognitive skills and topics are emphasised. This research finds that universites should include higher level cognitive skills in order to meet the demands of the changing environment. It is also evident that funding and sources of capital is the most important topic in the curriculum.