Accounting and Finance professionals have central roles in all types and sizes of organisations whether in the UK or abroad. This programme is likely to be of interest to current or intending finance or accounting professionals wishing to gain an academic qualification in both domestic and international financial operations.
The course offers a specialist pathway in accounting (linked to the ACCA Fundamentals papers), but also provides you with the opportunity to select modules in the areas of finance and strategy. This programme focuses on accounting and finance matters within an international context, addressing current challenges and issues faced by businesses and companies around the world.
You'll be provided with analytical and business-led tools that combine academic study with a pragmatic and well-structured finance content for decision making (including the use of databases such as Bloomberg and Thompson One-Banker). The course also includes training in specialist software (SPSS and N-Vivo).
You'll take part in a residential weekend, exchanging experiences and discussing current events and specific problems affecting the accountancy and finance fields, with academics and a visiting practitioner.
You'll benefit from a wide range of extra-curricular activities including "Academic skills for Finance, Accounting and Governance" and Research Techniques, a range of Bloomberg Aptitude Tests, specialist visitor speakers, and expert symposiums and conferences.
There may be a possibility to undertake an optional work placement to enhance your employability skills and professional experience (subject to validation).
ACCA and CIMA exemptions
On completion of the course, you will be on a fast track to becoming ACCA qualified, and exempt from the following ACCA modules:
F1 - Accountant in Business
F2 - Management Accounting
F3 - Financial Accounting
F4 - Corporate and Business Law
With the completion of these specific LSBU modules, you will get the following further ACCA module exemptions:
||ACCA module exemption
|Management Accounting (BAF-7-MAC)
||F5 - Performance Management
|Financial Reporting (BAF-7-FRE)
||F7 - Financial Reporting
|Audit Risk (BAF-7-AUR)
||F8 - Audit and Assurance
|Corporate Financial Management (BAF-7-CFM)
||F9 - Financial Management
On completion of the course, you will be eligible for the Master’s gateway route. The Master’s gateway route is an accelerated entry route to the CIMA Professional Qualification and the individuals are required to take the CIMA Gateway Exam and get all 11 exemptions from certificate, operational and management level exams after successfully passing the CIMA Gateway Exam.
Key course information - ordered by mode
|Full-time (with internship)
All modules are assessed by a mix of coursework, individual and group presentations and written exams. A typically taught module involves a total of 200 study hours (52 contact hours and 148 group and private study hours). The use of Bloomberg and Thomson-One Banker are embedded within modules.
- Financial Reporting
- Theories & Issues in Accounting and Finance
- Business Analysis
- Empirical finance
- International financial markets
- Management Accounting
- Corporate Financial Management
- Research Design & Methods
- Audit Risk
- Governance, Risk & Ethics
- Institutional Fund Management
- International Banking
- Derivatives and Risk Management
- Applied Dissertation
Graduates who possess a combination of an LSBU Masters degree and a professional accounting qualification are likely to be highly employable in senior positions in accounting and finance, not only in the UK but throughout the world. Excellent career opportunities exist in accounting and finance. Recent graduates have secured positions in accounting firms, industry, banking, finance and commerce.
Past employability skills events held by the Department include:
"My Employability event"
- My dream job
- Preparing CVs and cover letters
- Using databases to research the company
- IT qualifications for your CV
- Preparing for interviews
- Managing expectations
ACCA and CIMA exemptions
On completing this course, you will be on a fast track to becoming ACCA qualified, and exempt from the following exams:
- F1 - Accountant in Business
- F2 - Management Accounting
- F3 - Financial Accounting
- F4 - Corporate and Business Law
With the completion of the modules:
- F5 Performance Management, Management Accounting (BAF-7-MAC)
- F8 Audit and Assurance, Audit Risk (BAF-7-AUR)
- F9 Financial Management, Corporate Financial Management (BAF-7-CFM)
Graduates are eligible for the master’s gateway route or direct entry to the operational level objective tests
- BA1 Fundamentals of Business Economics
- BA2 Fundamentals of Management Accounting
- BA3 Fundamentals of Financial Accounting
- BA4 Fundamentals of Ethics, Corporate Governance, and Business Law
This masters degree also prepares you for research and further study in this area which can lead to a PhD qualification.
We are the University of the Year for Graduate Employment for the second year in a row - The Times and Sunday Times Good University Guide 2018, 2019.
At LSBU, we want to set you up for a successful career. During your studies – and for two years after you graduate – you’ll have access to our Employability Service, which includes:
- An online board where you can see a wide range of placements: part-time, full-time or voluntary. You can also drop in to see our Job Shop advisers, who are always available to help you take the next step in your search.
- Our Careers Gym offering group workshops on CVs, interview techniques and finding work experience, as well as regular presentations from employers across a range of sectors.
Our Student Enterprise team can also help you start your own business and develop valuable entrepreneurial skills.
Our graduates are highly employable and progress onto a variety of senior roles in the public, private and third sectors, often starting their own businesses and consultancy firms in the UK and abroad.
Successful students will gain a combination of professional body exemptions and also part preparation for various higher professional examinations of the ACCA, CIMA, ICAEW and CISI dependant on the choice of electives studied. This is subject to successful revalidation and professional body accreditation.
Possible links with ACCA China (from 2015).
The course features guest speakers and industry events.
Recent speakers include:
- Emmanouil Schizas, Senior Policy Advisor for ACCA and Editor of ACCA's quarterly Global Economic Conditions Survey
- Professor Chris Brewster, University of Reading
Past events include:
"Customer Focus in Banking: How to implement it?"
Keynote speaker: Owen Woodley, Managing Director, Lloyds Bank Retail.
Panel: Mark Mullen, Chief Executive, First Direct & Head of UK Contact Centres; Paul Lynam, CEO, Secure Trust Bank; Ashleye Gunn, Consumers Association 'Which?'; Richard Goodman, Policy Director, Financial Ombudsman.
Chairman: Chris Skinner, Chair, the Financial Services Club
"Making Corporate Governance effective in banking"
Keynote speaker: Peter Swabey, Policy and Research Director, ICSA.
Panel: Prof. Andrew Chambers, International Internal Audit Standards Board; Mike Trippit, Director, Equity Research - Banks, Numis; Catherine Howarth, CEO, Share Action; Robert Hingley, Director of Investment Affairs, Association of British Insurers; Charles Middleton, CEO, Triodos Bank.
Chairman: Simon Osborne, CEO, ICSA
"Fixing our banks: What to fix and by whom?"
- Chris Skinner - Chairman – European Networking Forum. The Financial Services Club
- A bank's perspective: Triodos Bank – Charles Middleton
- Board of Directors and Shareholders' issues: ICSA – Patrick Gonsalves
- Employees' issues: Unite. Finance & Legal – National Officer – Dominic Hook
- Customer's issues: Which? Consumers Association. Head of Money Content – James Daley
- Regulatory issues: Internal Audit Guidance for Financial Services, set up by the FSA and the Chartered Institute of Internal Auditors – Professor Andrew Chambers
The conference discussed the different stakeholders' perspectives about the changes that should be introduced in the banking system to deal effectively with the current crisis affecting financial institutions.
Centre of Excellence status is the IoEE’s (Institute of Enterprise and Entrepreneurs) flagship organisational accreditation for organisations that promote and deliver enterprise skills development – and is in recognition of the School’s entrepreneurial culture and leading-edge practice.
The Association of Chartered Certified Accountants (ACCA) was founded in 1904; the ACCA is the global body for professional accountants offering the Chartered Certified Accountant qualification.
In addition to academic rigour, the Masters is highly oriented to support your professional development.
There may be a possibility of an optional placement in a relevant business area to enable you to enhance your employability skills and apply accounting and finance theory to contemporary business practices.
If you take part in a placement, the dissertation may be linked to your placement experience. A placement is not currently offered on the part-time mode.
Specialist industry software prepares our students with the digital skills that employers' value. Students on our programmes have access to Bloomberg, Thomson One Banker, SAGE, Blueprint, FAME, NVivo, and SPSS.
Teaching and learning
Lectures cover concepts which underpin and facilitate informed participative approaches to learning. Workshops, seminars, case studies and student-led discussion facilitate more active modes of learning. You'll also benefit from excellent learning materials and small class sizes and receive training in the use of Bloomberg and Thomson-One Banker, and specialist software (SPSS and N-Vivo).
Assessment is by written coursework and exams. Lecturers offer a rich profile of academic and professional qualifications backed by professional teaching and/or research experience. An academic is appointed as your Dissertation/Business Project Facilitator, to offer guidance and constructive advice on the preparation of your dissertation/report.
- A 2.1 degree in any subject from the UK or Bachelors degree equivalent to a UK Second Class Upper Division; or
- A 2.2 honours degree in a relevant subject area; or
- Other qualifications plus demonstrably relevant business experience will be considered on an individual basis.
Accreditation of Prior Learning
Required English language skills to undertake this programme IELTS (International English Language Testing Service) 6.5 or equivalent.
How to apply
International (non-Home/EU) applicants should follow our international how to apply guide.
Instructions for Home/EU applicants
|Full-time (with internship)
Postgraduate students and research students should apply through our dedicated application system. Full details of how to do this are supplied on our How to apply section for postgraduate students and our How to apply section for research students.
Students should apply for accommodation at London South Bank University (LSBU) as soon as possible, once we have made an offer of a place on one of our academic courses.
It's a good idea to think about how you'll pay university tuition and maintenance costs while you're still applying for a place to study. Remember – you don't need to wait for a confirmed place on a course to start applying for student finance.
Postgraduate Application Service
Book a session with one of our specialist Postgraduate Advisors. Over a one on one Advice Session, they'll advise you on postgraduate degrees at LSBU that match your interests and experience.
Prepare to start
We help our students prepare for university even before the semester starts. To find out when you should apply for your LSBU accommodation or student finance read the How to apply tab for this course.
Enrolment and Induction
Enrolment takes place before you start your course. On completing the process, new students formally join the University. Enrolment consists of two stages: online, and your face-to-face enrolment meeting. The online process is an online data gathering exercise that you will complete yourself, then you will be invited to your face-to-face enrolment meeting.
In September, applicants who have accepted an unconditional offer to study at LSBU will be sent details of induction, which is when they are welcomed to the University and their School. Induction helps you get the best out of your university experience and makes sure you have all the tools to succeed in your studies.
- Alexander, Britton and Jorissen. (2011). International Financial Reporting & Analysis.5th edition. South Western - Cengage Learning.
Hillier, D, Ross S. A., Westerfield R. W., Jaffe J., Jordan, B. (2011). Corporate Finance, European Edition, McGraw-Hill.
Cottrell S. (2005). Critical Thinking Skills: Developing effective analysis and argument, Palgrave MacMillan, New York, New York, USA.
You could also read background material on:
- International Financial Reporting Standards
- Financial Analysis
- Look at the online annual report of an FTSE 100 company.
You could visit the following websites to read current issues in International Banking, Investment and Finance