Quantitative Methods in Accounting and Finance

This information is for the 2021/22 session.

Teacher responsible

Dr Aneesh Raghunandan OLD 2.17 and Dr Maria Manuel Correia OLD 3.30


This course is available to students on the MSc in Accounting and Finance and students on the MSc in Accounting, Organisations and Institutions with prior knowledge of accounting and finance wishing to take AC416 Topics in Financial Reporting. This course is not available as an outside option.

Course content

The objective of the course is to provide students with the necessary background required for core accounting and finance courses. The course is organised in two sections:

Section 1 - "Accounting: Disclosure Principles and Practice" provides an overview of fundamental accounting concepts, practices and the main financial statements. This section emphasises users' perspective rather than preparers' perspective on financial reporting (eg, for valuation purposes).

Section 2 - "Finance: Quantitative Methods" provides the basic quantitative tools needed for technical MSc courses. This section consists of an introduction to Basic Calculus, Probability and Statistics.


Teaching takes place before the start of MT.

Indicative reading

A detailed reading list will be provided at the beginning of the course.


This course is not assessed. However, students will be given a number of application exercises to complete on their own or in groups.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Accounting

Total students 2020/21: 238

Average class size 2020/21: Unavailable

Controlled access 2020/21: No

Value: Non-credit bearing

Guidelines for interpreting course guide information

Personal development skills

  • Leadership
  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Application of numeracy skills
  • Specialist skills