Welcome to MSc Accounting and Finance MSc Accounting and Finance is designed to provide students with the knowledge, skills, and understanding of core accounting and finance principles. The programme provides students with the opportunity to gain a clear understanding of the joint role of accounting and finance in ensuring successful operations in a range of business settings. Students can develop their understanding of the key principles and practical skills required to prepare and analyse accounts and related financial information, and learn about financial management decision making and the methods used to raise finance for companies. This programme is available for both a September and February start. The course is offered with two separate pathways. Students can either complete one year of study or undertake a two-year course where one year is spent in Professional Practice to gain hands-on experience through a paid placement. Students will be responsible for sourcing their own paid placements but will be supported by dedicated employability specialists. Please note: the Professional Practice pathway is only available for a September start. How You Study The taught element of the programme consists of six compulsory modules and one optional module. Term 1 modules: Financial Accounting - Single Entity Decision Analysis for Managers Corporate Finance I Term 2 modules: Financial Accounting - Group Reporting Current Issues in Governance and Finance Corporate Finance II Option Optional modules: Bond Markets and Investment Analysis Community Organisation, Sustainability, and Development Comparative Human Resource Management Global Supply Strategies International Entrepreneurship Investment Banking International Macroeconomics and Finance Quantitative Methods for Economics and Finance II Strategy Making Optional modules will run if at least ten students select them. Timetabling arrangements may limit the availability of modules to some students. As the options reflect staff research interests, they may change over time. In addition to the modules above, students are expected to undertake a compulsory element comprising Research Methods (15 credits) and Independent Study (45 credits). Delivery methods vary between modules but will include a combination of lectures, seminars, workshops, guest speakers, and case studies, allowing students the opportunity to not only learn from experts in each module but also have the time to undertake independent research and practice questions to consolidate learning. This programme is available for both a September and February start. Optional modules may be restricted for those choosing to enrol in February due to student numbers, timetabling, and staffing constraints. Please note that February admission is only available for full-time study. Professional Practice This course is available with a Professional Practice pathway. This two-year version of the degree provides the opportunity to undertake a period of professional practice at the end of the first year to gain hands-on experience through a paid placement. Students will be responsible for sourcing their own paid placements but will be supported by dedicated employability specialists. Students who are accepted onto the Professional Practice programme will attend a consultation with a Programme Leader and Placement Coordinator early in their first term to discuss timelines, processes, and requirements. The Professional Practice year is not assessed. However, students will be required to present a placement project linked to their experience. Students who successfully complete their degree with a year in Professional Practice will receive the award title MSc Accounting and Finance with Professional Practice. Those who do not will receive the MSc Accounting and Finance award, or equivalent exit award. Please note: the Professional Practice pathway is only available for a September start. Contact Hours and Independent Study Each module typically consists of two or three weekly teaching hours over a teaching term. Four modules are usually studied per term, equating to eight to 12 hours per week. Part-time students usually study two modules per term, equating to four to six hours of contact time per week. Hours of study can vary from term to term for both full and part-time students and can be spread throughout the week. Postgraduate level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. As a general guide, for every hour spent in class, students are expected to spend at least four hours in independent study. For more detailed information please contact the Programme Leader. Contact Hours Owing to the nature of postgraduate programmes, a significant proportion of your time will be spent in independent study and research. Research students will have meetings with their academic supervisors, however, the regularity of these will vary depending on individual requirements, subject area, staff availability, and the stage of the programme. For taught programmes, weekly contact hours may vary depending on the individual module options chosen and the stage of study. Methods of Assessment The way you will be assessed on your course will vary depending on the subject and the type of postgraduate programme you select. A taught programme could include a written dissertation, exams, presentations, and projects. A research programme could include a thesis, oral examination, and presentation to a group of research academics. You may be expected to demonstrate how your research findings have contributed to knowledge or developed existing theory or understanding. Please see the indivdual course pages to find out more. Modules Master's Level Corporate Finance 1 (Core) Corporate Finance 2 (Core) Current Issues in Governance and Finance (Core) Decision Analysis for Managers (Core) Final Project (Core) Financial Accounting - Group Reporting (Core) Financial Accounting - Single Entity (Core) Research Methods and Design (Core) Bond Markets and Investment Analysis (Option)† Community Organisation, Sustainability and Development (Option)† Comparative Human Resource Management (Option)† Global Procurement and Supply Strategy (Option)† International Entrepreneurship (Option)† International Macroeconomics and Finance (Option)† Investment Banking (Option)† Lincoln Student Managed Investment Fund - Masters (Option)† Professional Practice (Option)† Quantitative Methods for Economics and Finance II (Option)† Strategy Making (Option)† Sustainability Reporting and Business Ethics (Option)† How You Are Assessed The programme utilises a range of assessments including project work, group presentation, assignment, objective test, and examination. Students are also expected to write a research proposal and 12,000 word dissertation. Scholarships Course-Specific Additional Costs For each course you may find that there are additional costs. These may be with regard to the specific clothing, materials or equipment required, depending on your course. With regards to text books, the University provides students who enrol with a comprehensive reading list and you will find that our extensive library holds either material or virtual versions of the core texts that you are required to read. However, you may prefer to purchase some of these for yourself and you will be responsible for this cost. Entry Requirements 2021-22 First or second class honours degree and grade C in GCSE Mathematics. Please note that this course may not be suitable for students who have completed an undergraduate programme in accounting or finance within the UK. If you have studied outside of the UK, and are unsure whether your qualification meets the above requirements, please visit our country pages https://www.lincoln.ac.uk/home/studywithus/internationalstudents/entryrequirementsandyourcountry/ for information on equivalent qualifications. Overseas students will be required to demonstrate English language proficiency equivalent to IELTS 6.0 overall, with a minimum of 5.5 in each element. For information regarding other English language qualifications we accept, please visit the English Requirements page https://www.lincoln.ac.uk/home/studywithus/internationalstudents/englishlanguagerequirementsandsupport/englishlanguagerequirements/. If you do not meet the above IELTS requirements, you may be able to take part in one of our Pre-session English and Academic Study Skills courses. https://www.lincoln.ac.uk/home/studywithus/internationalstudents/englishlanguagerequirementsandsupport/pre-sessionalenglishandacademicstudyskills/ . These specialist courses are designed to help students meet the English language requirements for their intended programme of study. Teaching and Learning During Covid-19 At Lincoln, Covid-19 has encouraged us to review our practices and, as a result, to take the opportunity to find new ways to enhance the student experience. We have made changes to our teaching and learning approach and to our campus, to ensure that students and staff can enjoy a safe and positive learning experience. We will continue to follow Government guidance and work closely with the local Public Health experts as the situation progresses, and adapt our teaching and learning accordingly to keep our campus as safe as possible. Exemptions MSc Accounting and Finance students will be exempted from CIMA (Chartered Institute of Management Accounting) papers BA1, BA2, BA3 and BA4, AIA (Association of International Accountants) Paper 1 and Paper 6 as well as ACCA F1, F2 and F3 papers. Student Managed Investment Fund Lincoln International Business School offers the Student Managed Investment Fund (LSMIF), which is an investment fund created, operated, and maintained by students within the school, with everything running within the real-world environment of finance. Students will be managing real money with the with objective of positive returns whilst managing risk. Industry veteran and long-time lecturer Hao Quach will help support the students throughout, with many years of experience in all aspects of investment banking and 20 years teaching in multiple countries, Hao will use his experience to ensure the stability of the fund and provide guidance. Read more about the Student Managed Investment Fund. Industry Expertise Students on this programme can benefit from working alongside an experienced team of staff consisting of academically and professionally qualified lecturers with relevant industrial experience and wide-ranging research interests. The School also hosts a series of visiting speakers each year, enabling students to hear and learn from industry experts. Previous speakers have included representatives from organisations such as Deloitte, Santander, HSBC, Innocent, The Institute of Internal Auditors, and Sir David Tweedie (ex-Chairman of the IASB). 100 Funded Field Trip Places As part of your global education at the Lincoln International Business School, we are offering students the opportunity to undertake funded international trips to exciting overseas destinations. Postgraduate students have the opportunity to travel to destinations in the UK, Europe, the USA, and the United Arab Emirates. These field trips combine academic study with first-hand experiences of language, culture, and industry, allowing you to put theory into practice. We've designed themes specifically for postgraduate students that align with learning areas such as Industry (4.0), Financial Services, and Visitor Economy. Find out more about our 100 funded field trip places for students. Sunrise over planet earth Career and Personal Development This course provides the opportunity to develop analytical skills which can be highly valued by employers in the public and private sectors. Graduates have gone on to careers as accountants and roles in financial management and financial reporting. Working in Partnership Lincoln International Business School works with students and organisations to enhance the contribution of business to society. For students, that means developing their business skills and knowledge to improve their career readiness. The University of Lincoln is a member of AACSB, a global nonprofit association connecting educators, students, and businesses to achieve a common goal: to create the next generation of great leaders.