The use of accounting data to manage modern firms is at the heart of this profile. This is important not only to manufacturing firms but also to knowledge-based firms. The program gives you competences for preparation, development, and usage of economic and other reporting used in all types of firms and competences in arguing for the consequences of choosing different designs of management control systems. Through the program, you will gain skills in designing and using financial reporting and other accounting models.
Specific competencies for the profile in Management Accounting
The focus area of the profile is the firms' management and finance function areas. These areas are important not only to production firms but also to modern knowledge-based firms.
The graduates will have knowledge about and skills in, how to construct and use financial and non-financial information when making strategic decisions in the firm. Candidates from this profile will have greater knowledge within the main subjects in accounting management: Management Accounting, Advanced Management Accounting, Financial Accounting, and Foundation of Organization. The latter underpins the connection between the organization of the firm and the accounting management. Furthermore, the graduate will gain knowledge about and skills in using methods and tools which can support the generation of economic information which is essential to the management of the firm.
Finally, the graduate has obtained competences in regard to preparation, development, and usage of economic and other reporting/control systems used in all types of firms. The Candidate can design financial reporting and other management models. Finally, a candidate has gained competencies in arguing for the consequences of choosing different designs of management.
General competences for MSc in Economics and Business Administration
All profiles in Master of Science in Economics and Business Administration at the University of Southern Denmark share the same general competences. Each profile has a focus area in which the graduate will get specific knowledge, skills, and competences. Below, you can read about the general competences and the specific area of focus of the research-oriented programs offered at Campus Odense.
Knowledge and understanding
The master program in Economics and Business Administration supplies knowledge which, within the focus area of the profile, is based on the highest international research within a field of study. The graduate is able to understand and, on a scientific basis, reflect on the knowledge of the field/fields of study and be able to identify scientific issues of relevance.
The graduate can, in a qualified manner, select and apply scientific methods and theories for collection and analysis of quantitative and qualitative data for description and complex analysis of internal and external conditions of the firm as well as theoretical issues related to these areas. The graduate can set up new models of analysis and solutions for problems based on the performed analyses. The graduate can communicate his/her knowledge and discuss professional and scientific issues with colleagues, management, and the surrounding society.
An MSc in Economics and Business Administration can, within the area of the profile, manage work and development situations that are complex, unpredictable and require new models for solutions. The graduate can independently initiate and implement professional and interdisciplinary cooperation and take on professional responsibility. The graduate can independently take responsibility for their own professional development and specialization. An MSc in Economics and Business Administration allows graduates to work at solving specialist tasks within the various functional areas of organizations within the public and private sectors.
To give you a foundation for making strategic decisions regarding preparation, development, and usage of economic and other control systems, the program contains courses covering how to construct and use financial and non-financial information when making strategic decisions in the firm. You will also become proficient in using methods and tools which can support the generation of economic information which is essential to the management of the firm. These methods are at the core of this program.
The MSc program in Management Accounting at Campus Odense gives you an excellent versatile foundation for future career opportunities. The courses offer a unique combination of theory and practice to ensure a solid theoretical basis and tools readily employable in your first job.
The competencies obtained during the studies in Odense can be used in curriculum development, ranging from becoming an individual business entrepreneur, working as a specialist in large multinational companies, or as a consultant internationally.
Whether you want a career as self-employed or as a manager in public or private companies this degree will boost your future career. You can, for example, work in the discovery and research of new ideas for planning, management, and realization of business concepts in Danish and international companies. With this program you are qualified for a job in Denmark or abroad for example:
Management Accounting: Accounting Consultant, Strategic Finance Officer
Entry Requirements and Application
To apply for a Master's program in Economics and Business Administration, you need a relevant Bachelor's degree. You can also apply if you hold a similar Bachelor's degree including a minimum of 75 ECTS within the field of Economics and Business Administration.
About the School
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