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.
The course provides exemptions from 9 papers of the Association of Chartered Certified Accountants (ACCA) exams. The Westminster Business School is an ACCA Gold approved learning partner and is the only UK institution to offer these 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 11 of the 16 CIMA examinations.
The following modules are indicative of what you will study on this course.
You can choose a total of three option modules – two or three from the following list, and a third module may be chosen from anywhere within the University, subject to the course leader’s approval.Core modules
- Financial Accounting Policy and Practice
- Managerial Accounting
- Financial Management and Corporate Valuation
- Research Methods in Finance and Accounting
- Taxation Principles and Practice
- Auditing Assurance and Professional Ethics
- Data Analysis
- Financial Derivatives
- Financial Information Systems
- Financial Markets and Institutions
- Fixed Income Analysis and Trading
- International Risk Management
- Modern Portfolio Management
Applicants should normally hold a first degree from a recognised institution (minimum Lower Second Class Honours or international equivalent) and demonstrate interest and motivation in the subject area. Alternative professional qualifications, with at least three years' relevant professional experience, will also be considered. Directly relevant degree disciplines include business studies, economics, geography, management, and operations research.
However, students with qualifications in other disciplines such as engineering, environmental sciences, the humanities and languages are also encouraged to apply.
If English is not your first language, you will need an IELTS score of 6.5, with a minimum score of 6 in each element.
As a Finance and Accounting MSc graduate, you can look forward to excellent career prospects in finance, banking, treasury management or accountancy, as well as general management and other senior finance-based positions. A number of our graduates have gone on to work for the "Big 4" accountancy firms.
Your exposure to the Financial Markets Suite simulated financial trading facility will mean you will be equipped in both the theory and practice of international finance.
Graduates of the course can apply to various professional accountancy bodies, which give exemptions on the basis of electives you have studied. The Chartered Institute of Management Accountants (CIMA) allows graduates to go through a "Gateway" route. Successful completion of the Gateway exam grants 11 exemptions from CIMA's 16 examinations. You also have the opportunity to gain exemption from 9 papers of the Association of Chartered Certified Accountants (ACCA) examinations upon completing this degree.
The Business Experience Team also offers full-time overseas postgraduate (MA, MSc, MBA) students the opportunity to take part in our WBS Mentoring Programme. We will match students with a senior professional (mentor) from their field of expertise to give them an exact insight into British working practices and policies. Experienced professionals in any business field share their career experiences and knowledge with students who may wish to venture down a similar path in the near future. Our mentors come from a wide range of backgrounds, including Marketing, General Management, Finance and Entrepreneurship. In addition, our mentors typically offer 3 hours of their time over a 3 month period to the mentee (student). In addition, to one-to-one meetings, students are encouraged to keep in touch with their mentor over email and telephone.
About the School
The University of Westminster is a dynamic international education institution with a distinguished 175-year history. With three campuses in central London (Cavendish, Marylebone and Regent) and one i ... Read More