MSc Accounting

General

Program Description

Course description

Boost your career prospects by developing an advanced knowledge of accounting theory and practice, and prepare for a leading role in the accountancy profession.

Our new specialist MSc Accounting course will help you develop an in-depth understanding of the theory and practice of accounting as well as your critical thinking. You will be introduced to different aspects of accounting research and provided guidance in conducting the research. You will advance their thinking and debate about contemporary issues in financial reporting, management account, auditing and governance. These skills are not only valued by employers but also prepare students for a research career in academia.

Many of our accounting academics have a close connection with the accountancy profession, allowing you to benefit from these links.

CFA training

We have teamed up with Kaplan Schweser to facilitate student preparation for the CFA exams. Students attending our finance-related Masters - MSc Accounting, MSc Accounting and Finance, MSc Finance, MSc Finance and Business Economics and MSc Quantitative Finance - who perform well in Semester one and show a strong interest in CFA, will get free access to Kaplan's online training materials for CFA Part One.

Kaplan is a global firm offering professional training and helping individuals and organisations obtain financial certifications and designations. They will support our students by giving them access to tuition material, online question banks and progress tests, as well as mock exam runs. They will also offer tutor support and 1-2-1 sessions.

Students enrol in the CFA Program to build a strong foundation of advanced investment analysis and real-world portfolio management skills. Preparing for the Level I exam is the first step toward earning the Chartered Financial Analyst ® (CFA) credential, the most respected and recognised investment designation in the world.

Trading BootCamp Week

Each year, Alliance MBS runs a five-day Trading BootCamp for all current students studying MSc Accounting and Finance, MSc Finance, MSc Finance and Business Economics and MSc Quantitative Finance. These trading simulations provide students with an experience of real-world trading and the opportunity to engage with contemporary financial markets, enabling them to apply their classroom theory in practice.

To deliver the Trading BootCamp, the School has teamed up with Amplify Trading to provide those looking to enter the financial industry with a crucial skill-set. Amplify Tradings are a global financial trading and training firm, which offers training to some of the world's largest financial institutions, such as HSBC, Citigroup and Deutsche Bank. They have developed special software that enables students to experience a live trading floor and two experienced traders will deliver the week-long training.

Each day there will be four hours of classes in the morning followed by four hours of trading practice in the afternoon. Engaging in live breaking news, economic data and geo-political events, students will be able to apply their understanding, technical expertise and risk management practises in trading different asset classes.

This is a fantastic opportunity for accounting and finance students at Alliance MBS and is another way in which we prepare students for successful careers after graduation.

The Finance Zone

The Finance Zone in Alliance Manchester Business School gives you access to one of the UK's most comprehensive collections of specialist financial and business databases that are used by top researchers around the world. These include Bloomberg, Datastream, Thomson ONE, Compustat, WRDS, Capital IQ and many more. Read more about the specialist financial and business databases >>

Special features

Worshipful Company of International Bankers Affiliation

Our accounting and finance division courses are now affiliated with the Worshipful Company of International Bankers (WCIB). This means that every year the best dissertation out of the following four courses will receive the WCIB Prize worth £300.

  • MSc Accounting and Finance
  • MSc Finance
  • MSc Finance and Business Economics
  • MSc Quantitative Finance

The winner will also enter the competition for the prestigious WCIB Lombard Prize. The Lombard Prize consists of a solid silver Armada dish, a cheque for £1500, one-year honorary membership to the Company and attendance at the Annual Banquet to collect the prize.

Coursework and assessment

Assessment is by taught examinations, coursework, assignments, group assessment and presentations and finally by a 60 credit dissertation.

Course unit details

(All taught course units are 15 credits)

Semester 1

  • Corporate Financial Reporting
  • Quantitative Research Methods in Accounting

Two elective units from:

  • Assurance and Credible Corporate Reporting
  • International Accounting Practice and Regulation
  • Inter-Disciplinary Perspectives on Accounting

Semester 2

  • Advanced Management Accounting
  • Qualitative Research Methods

Two elective units from:

  • Corporate Governance in an Accounting Context
  • Elements of Market-Based Accounting Research
  • Financial Statements Analysis

Summer period

Dissertation (60 credits)

  • Apply what you have learned in the taught part of the course.
  • Normally consists of a literature review followed by a piece of work based on qualitative or statistical research

Examples of recent accounting and finance dissertation project topics :

  • Performance reporting by UK listed firms under IFRS
  • Audit practice and professionalization
  • Management control systems in organisations
  • Field-based qualitative research on management accounting innovation and change
  • Audit markets in emerging economies
  • Corporate governance and quality of earnings

Disability support

Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service. Email: dass@manchester.ac.uk

Career opportunities

This course will help to enhance your abilities, skills and knowledge. It will prepare your for a career with top firms in the accountancy profession. In addition, if you have overseas professional accounting qualifications, successful completion of the course can boost your career.

Last updated Jul 2019

About the School

Alliance Manchester Business School is one of the UK’s first two business schools, set up in 1965), and is now the largest campus-based business and management school in the UK. Manchester is recognis ... Read More

Alliance Manchester Business School is one of the UK’s first two business schools, set up in 1965), and is now the largest campus-based business and management school in the UK. Manchester is recognised for its original thinkers: our long and proud history of research excellence continues the spirit of innovation and achievement for which the city is renowned. Read less