MSc in Accounting and Finance

General

Program Description

The MSc in Accounting and Finance was designed by one of the UK’s leading accounting and finance sections to provide students with an advanced programme of study in the major aspects of accounting and finance.

The programme will prepare students for a career in the accounting profession or in the finance sector, in fields such as financial analysis, asset management or investment banking.

Why study the MSc in Accounting and Finance?

Aspects of accounting and finance are rarely out of the news. In the global accounting area, serious questions of accounting, auditing and corporate governance have been posed following the banking crisis. Innovations in financial securities are also creating significant challenges for preparers and users of accounting information alike.

Technological developments, the globalisation of capital markets, financial engineering and changes in regulation have transformed the financial sector so that many areas of finance are now highly sophisticated. Collectively, these changes and trends have created an increase in demand for analytical ability and specialist knowledge in both accounting and finance.

About the MSc in Accounting and Finance programme

The programme covers the financial and managerial aspects of accounting together with the essential principles of finance. Students build on these foundations by studying contemporary research in accounting and finance and by selecting specialist elective modules.

The taught component covers two academic semesters. The first contains four core modules, and the second, two core modules plus two options. During this time students attend lectures, tutorials and seminars, coupled with directed reading and other assignments. Following this, students carry out project work during the summer culminating in the submission of a dissertation.

The knowledge and skills obtained in the taught component are applied to a dissertation in accounting or finance, which may cover areas such as auditing, corporate governance, financial markets, financial management, financial reporting, management accounting or public sector accounting.

Programme Structure

The programme is designed so that the foundations of advanced accounting and finance are covered in the autumn semester of the taught component, while the specialist topics are studied in the spring semester. In the spring semester, students augment the accounting and finance research modules by selecting two modules from six options.

Autumn Semester

  • Advanced Financial Reporting
  • Management Accounting and Control
  • Principles of Finance
  • Research Methods

Spring Semester

  • Research Topics in Accounting
  • Research Topics in Finance

Choose two modules from:

  • Accounting and Capital Markets
  • Accounting and Finance in China
  • Advanced Management Accounting
  • Asset Pricing
  • Financial Derivatives
  • International Accounting
  • International Corporate Finance

Dissertation

The dissertation is a 20,000-word research-based study, typically comprising a review of the literature and an empirical study of a chosen area of accounting and finance.

Career Prospects

Although this is a specialist programme, students will have a wide range of employment options to choose from, including professional accountancy, the financial services sector, management consultancy or a specialist position in the public sector.

Admissions criteria

Applicants are expected to have a minimum of a 2:1 (GPA 3.0/4.0) at the undergraduate level in accounting and/or finance, from a recognised institution, which includes the following modules: two financial accounting modules, two management accounting modules and two finance modules.

Applicants whose first language is not English are required to obtain a minimum IELTS score of 6.5 overall with a minimum of 6.0 in each sub-scores (or an equivalent English language qualification).

Tuition Fees

  • UK and EU students: £13,950
  • Students from outside the EU: £23,450
Last updated Jan 2020

About the School

Our world-leading research was ranked 5th amongst UK universities in the most recent Research Excellence Framework for quality and 2nd for impact. We provide an educationally outstanding experience fo ... Read More

Our world-leading research was ranked 5th amongst UK universities in the most recent Research Excellence Framework for quality and 2nd for impact. We provide an educationally outstanding experience for our students. Read less