In the world of international business, there is a growing need in financial and management accounting for professionals, who meet the requirements set by the firms operating in a global business environment. Department of Accounting and Finance at the Oulu Business School organizes a full two-year Master's programme in Financial and Management Accounting (FMA) that will give students the required skills and knowledge to work in firms having business relationships and operations in different countries. The next programme starts in the end of August 2014.
Financial and Management Accounting
Financial accounting investigates the information and reporting systems of firms that are used by various interest parties outside of the firm. Management accounting develops and investigates information and reporting systems needed in the decision-making inside the firm. Scientific research in financial and management accounting focuses on the usefulness of the information provided by these reporting systems in different decision making contexts including the firm valuation, performance evaluation, pricing of the products of the firm, among others. A recent trend in financial and management accounting is the integration of local reporting systems towards the common international financial reporting system.
Master's Programme in Financial and Management Accounting (FMA) provides a Master's degree of a high international standard and is ideal for applicants with a background in business studies, social sciences, education, natural sciences, mathematics or engineering. During the programme, the students develop proficiency in the analysis of accounting information, for the needs both of a company's internal decision-making and of the investors. Course modules reflect a recent trend in accounting towards the adoption of international financial reporting system and the growing need for management control and accounting of internationalised firms. Graduates have acquired the skills and knowledge needed in working for leading multinational corporations, audit firms or financial services industry. The programme also provides students with a solid foundation for further scientific research.
General Academic Requirements
A successful applicant has obtained their first academic degree, normally a Bachelor’s degree or equivalent, from an institution of higher education. As a rule, the Bachelor’s degree is the lower academic degree. This degree should be equivalent of at least three years of full-time studies (180 ECTS).
All applicants are required to prove a high level of proficiency in English language. All programmes ask the applicant to submit documented evidence of their level of English.
Other Admissions Requirements
Applicants are asked to submit documentation on their academic excellence, for example in the form of academic recommendation letters. Also other documents relating to the field of study are required. Contact us for more information.
Programme Specific Academic Requirements
Master's Programme in Financial and Management Accounting (FMA) provides a Master's degree of a high international standard and is ideal for applicants with a background in business studies, social sciences, education, natural sciences, mathematics or engineering.
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