MSc in Finance and Accounting

University of Westminster, Westminster Business School

Program Description

MSc in Finance and Accounting

University of Westminster, Westminster Business School

This course has been designed to develop the knowledge, skills, research interests and career prospects of those who work, or wish to work, in finance, treasury management or accountancy. It’s especially useful if you’re a graduate with little or no accounting experience, as it offers the opportunity to study modules which will cover this shortfall. If you are a graduate member of a UK accountancy body or an overseas equivalent, you may claim up to four exemptions from this Masters by applying for Accreditation of Prior Certificated Learning. This would enable you to complete the taught part of the course in one semester. The course provides exemptions from 7 of the papers of the Association of Chartered Certified Accountants (ACCA) exams. The Westminster Business School is an ACCA Gold approved learning partner and one of the few UK institutions where you can qualify for so many ACCA exemptions on completion of a one-year course. Furthermore, graduates of the course have the chance to enter the Gateway route of the Chartered Institute of Management Accountants (CIMA). On successful completion of the Gateway examination, students will gain exemptions from 12 of the 17 CIMA examinations.

Course content

As a postgraduate finance student, you will have access to the Financial Markets Suite, which uses the Bloomberg computer system to monitor real-time financial market movements and trends. It’s a resource available to very few UK universities, and one which provides a modern and progressive teaching environment combining finance theory with practice. A highlight for many students are the social events organised throughout the course which provide an opportunity for networking with fellow students and alumni. Students on this course also benefit from free access to part of the material on the course reading list.

Modules

The following modules are indicative of what you will study on this course. Core modules Financial Accounting Policy and Practice You will be able to prepare financial statements up to consolidation with consideration of some of the main accounting standards underlying international financial reports. This module also explores the issues, principles and theories underlying current developments in financial accounting and reporting. International Risk Management This module provides you with the fundamental ideas and tools for thinking about international risk management. Managerial Accounting Through the exploration of practical applications, critical appraisal, contemporary approaches and international perspectives, this module explores the role of accounting in the management of organisations and the development and application of managerial accounting concepts and techniques. Modern Finance You will gain an overview of fundamental topics in the field of finance, including capital structure, corporate value, cost of capital, dividend policy, financial instruments, investment and modern portfolio theory. Project An 8,000–10,000-word dissertation in the area of either accounting or finance. Research Methods in Finance and Accounting This module aims to develop your knowledge and competence of the research process, and the application of research methods in the area of accounting and finance. Taxation Principles and Practice The focus of this module is on the UK Tax System including Personal, Corporation, Inheritance, Capital Gains and Sales taxes. The impact of International Tax Laws and Tax Avoidance will also be studied. Option modules You can choose a total of three options modules. Choose two or three from the following list; a third may be chosen from anywhere within the University, subject to the course leader’s approval. Corporate Governance and Business Ethics You will examine the theoretical and practical issues involved in the direction and control of companies operating in the UK and internationally. Data Analysis Through this module you will cover a range of data analysis methods and concepts. Financial Derivatives This module develops your theoretical understanding of financial derivatives markets. You will price and value financial derivatives from first principles and explore how financial derivative products can be used effectively in risk and investment management applications. Financial Information Systems You will develop an understanding of the fundamental concepts and practical skills required by finance professionals as users, evaluators, designers and managers of computer-based financial information systems. Financial Markets and Institutions This module offers detailed coverage and analysis of global financial markets and institutions. Fixed Income Analysis and Trading This module provides the fundamental ideas and tools for thinking about traditional income securities. International Financial Reporting This module will develop your systematic understanding of the principles underlying, and policy issues inherent in, the study of international financial reporting, with particular reference to multinational groups. Modern Portfolio Management Develop your understanding of contemporary portfolio theory and investment management principles in order to actively manage a range of investment funds used by professional institutional investors and the private wealth management industry.

Accredited internship

All students on our full-time business Masters courses can apply to undertake the PG/MBA Internship Programme Reflective Practitioner Module. This is an 8 week unpaid accredited internship, which can be taken in addition to option modules and will help students to gain invaluable work experience. The internships, which are with London-based organisations, take place during the summer period. To apply, students must submit a completed application form and a copy of their updated CV to the Business Experience Team; the team then shortlist from the applications and conduct group meetings with the applicants. Ultimately it is up to our internship employers to decide whether they would like to interview the candidate(s) and offer him/her an internship. We have received very positive feedback from both postgraduate students and employers and expect that the internship programme will continue to remain popular amongst our students.

Associated careers

The majority of our graduates go on to successful careers in accounting, with some having secured employment in a ‘Big 4’ accountancy firm. Other graduates have achieved employment in the fields of finance, banking or general management careers.

Online postgraduate information sessions

Our online postgraduate information sessions are a great way to find out more about our Postgraduate courses without having to attend an event on site.

Delivered by our course leaders, these short online sessions cover specific course content, the application process and a live question-and-answer session, where you can ask any questions you might have.

The interactive format means you can ask specific questions. These sessions are a convenient way to find out more about our range of postgraduate courses.

Click here to find out more and register.

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University of Westminster, Westminster Business School

Last updated January 30, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
Duration
Duration
1 year
Full time
Price
Price
13,500 GBP
Home/EU: £13,500 - Overseas: £14,500
Information
Deadline
Locations
United Kingdom - London, England
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Dates
Sept. 2019
United Kingdom - London, England
Application deadline Request Info
End date Request Info