Postgraduate study
Business, Accounting, Leadership & Management

MSc Accounting and Finance

Accounting and finance are central to managing organisations effectively. This course integrates accounting, leadership and change, and gives you a practical insight into developing the discipline. It also provides you with a firm knowledge of accounting and finance and the adaptability needed in a rapidly changing environment.

Course information

Full-time

  • 1 year

More full-time details

Part-time

  • 2 years

More part-time details

  • One afternoon and evening per week
  • Enrolment date: September
  • Admission enquiries: 01642 384491

Contact details

 

This course is distinctive in its focus on using financial skills in organisations rather than on mathematically modelling financial markets and in placing business accounting systems in the national and global business environment.

You develop hard and soft accounting skills as well as the interpersonal skills necessary to work effectively in the challenging business environment. The programme is suitable for fully or part-qualified accountants for whom significant exemptions are available.

Three core modules deal with the disciplines of financial accounting, management accounting and international finance. You also study the global business environment and explore contemporary issues in accounting thought before taking accounting skills and management research modules in preparation for your dissertation.

Modules

Core modules

Business Management Research

The primary objective of this module is to provide a foundation of knowledge in a range of research strategies. The sessions are designed to develop an understanding of the processes involved in conducting effective research whilst allowing you to pursue your own research interests through a range of workshops. This module will illustrate the significant role that theoretical principles play in the research process and the importance of presenting clear and credible argumentation and evidence to support both the research design and the study's findings. Good research is also dependent on strong inter-personal and project management skills. These elements will be illustrated throughout the course. This module serves two purposes: firstly, it will provide course participants with an understanding of the processes involved in conducting effective research and, secondly, it will provide a foundation of knowledge which will facilitate the design and completion of a dissertation.

Contemporary Issues in Accounting Thought

This module provides you with a critical perspective and appreciation of contemporary theories and developments in accounting thought and practice.

Alongside an exploration of some of the current issues facing accounting practitioners and academics we introduce you to the many and varied methodologies used by contemporary researchers working in the subject.

Corporate and International Finance

This module develops your ability to apply and examine critically the principles and practice of finance within organisations. You will look at its effects on how organisations operate in an international context. You will also develop your understanding of the environmental pressures and organisational change faced by organisations, and assess their impact on financial management processes.

Critical Aspects of Auditing

In this module you identify key perspectives and develop understanding of the range of models typically applied in accounting research.

You identify key themes in accounting knowledge and we introduce some of the skills required by professional and academic accountants and auditors.

We also incorporate practical aspects of the issues relating to leadership and consultancy as these affect the accounting profession.

Dissertation

You will integrate your learning and development and synthesise knowledge and understanding of theory and practice through its application to organisational issues, which are demonstrably concerned with development within the organisation. You are supported throughout the process by a supervising tutor who will monitor progress and ensure that you are appraised of your on-going performance. Usually the dissertation should be completed within one year.

Financial Reporting, Regulation and Analysis

This module builds on your basic understanding of business and accounting practices. It will develop a critical analysis and evaluation of approaches to regulating and applying accounting knowledge. You will study how companies are valued, accounting information systems and international regulatory processes and mechanisms in audit and accounting.

Global Environment and Strategy

One of the main leadership challenges facing the organisation is how to develop strategies which reflect changes in the international business environment.

In this module you begin by exploring the changing international environment and its wide-ranging political, economic, ethical, cultural and technological implications.

You then go on to explore the key concepts, theories, contexts, competencies and techniques involved in the process of strategic decision making and strategic management of the organisation in an international context.

The module deals with selected issues of strategic analysis, strategy formulation, strategic choice and decision making, leadership and strategy, and strategy implementation.

Management Accounting and Strategy

Management accounting has undergone significant development and a range of techniques has been introduced into practice. You will look at how the discipline is currently developing in practice and theory. This module focuses on the management accounting techniques that contribute to an organisation’s strategic management. You will study approaches to cost management, performance measurement, control and capital investment appraisal.

 

Modules offered may vary.

How you learn

You work independently and with the support of peers and tutors in tutorials, seminars, directed exercises and IT-based activities.

How you are assessed

Assessment methods vary according to the module studied and include formal examinations, in-course work and presentations.

Career opportunities

Graduates can expect to be employed in areas within industry, accounting practices or the public sector. The degree provides a good stepping stone to training for a career in accountancy or a role in general management, and also provides those seeking positions in the finance industry with both specialist finance knowledge and the necessary level of understanding of accounting.

Entry requirements

The normal entry requirement is one of the following:

  • a good honours degree (at least a 2:2) in a relevant discipline
  • a post-experience or professional qualification
  • equivalent qualifications (including international qualifications).

A relevant professional qualification will enable you to enter the programme with substantial advanced standing.

However, if you do not have an honours degree but have significant appropriate work experience, you are encouraged to apply.

For additional information please see the entry requirements in our admissions section

International applicants can find out what qualifications they need by visiting Your Country

Course information

Full-time

  • 1 year

More full-time details

Part-time

  • 2 years

More part-time details

  • One afternoon and evening per week
  • Enrolment date: September
  • Admission enquiries: 01642 384491

Contact details

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