Accounting and Financial Management
MSc
- Mode of study
- Full time
- Start date
- October 2019
- Duration of Study
- 1 Year
- Contact
- Dr Akrum Helfaya
- a.n.ekara.helfaya@keele.ac.uk
- Subject Area
- Business and Management
- Fees
- UK/EU - £9,195
- International - £14,835
Course Overview
Accredited by the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA), this course delivers a rigorous examination of core accounting and financial management theories combined with a wide-range of practical applications.
About the course
Overview
The MSc in Accounting and Financial Management delivers a rigorous examination of core accounting and financial management theories combined with a wide-range of practical applications. You will to work confidently with both numerical quantitative and qualitative accounting and financial management issues and case studies, utilising professional data sources such as the Bloomberg Professional Services Platform and DataStream.
This programme is professionally accredited by both the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA). We also provide you with a Bloomberg Training Couse allowing you to complete the Bloomberg Market Concept Course.
At its core the MSc in Accounting and Financial Management is aimed to provide a solid foundation to develop the theoretical and technical skills in a number of subjects including contemporary areas such as multinational management accounting, corporate governance and sustainability, performance management, international financial reporting, financial management, contemporary issues in accounting practices, and strategy and globalisation and information management. The programme builds a rigorous understanding of the international business environment and future challenges with relevant real world accounting and financial management problems and their efficient solutions.
Examples of where alumni from the course are now include working as finance officer at Campus Group in Birmingham, a Graduate Audit Associate with Grant Thornton in Manchester, as PhD students, or working on their ACCA/CIMA Exams.
Teaching facilities
Keele Management School is renowned for exceptional student satisfaction across our undergraduate and postgraduate programmes. Through our research led curriculum and passion for teaching we produce graduates that are intellectually curious about the application of knowledge. This enables our graduates to be highly employable and have successful careers within their chosen professions.
In summer 2019, we will be moving to a new multi-million pound facility that will house both the Management School and state-of-the-art facilities for business collaboration and incubation in a Smart Innovation Hub - read more about this exciting development.
Course structure
How the course is taught
We are using a wide variety of teaching methods including traditional lectures, small groups’ tutorials and seminars, computer-based labs using Bloomberg and Thomson Reuters Eikon and Data Stream labs. We invite guest lectures (e.g., ACCA and CIMA Representatives, Former Graduate Students and local business owners and managers) to link our academic teaching to real business and professional practices. We have also some study trips to the New Vic Theatre, Bloomberg and Central Bank of England in London.
Assessment
We use mixed assessment methods to test students’ attainment of learning the outcomes of our MSc programme. This includes, 2-hour unseen exam, individual/group assignment/coursework, individual/group presentation, computer-based tests, and dissertation or applied company research project. These different types of assessments test students ability to frame a business problem, critically assess relevant literature, use different methodologies, present results in a coherent and logical manner, and to develop and enhance their communication and decision-making skills to solve management and business problems and to gain work experience from the real business life.
Taught Modules
The list of modules below are offered in the 2018/19 academic year. We expect to offer the same modules in the future but this may change due to staff availability. If the modules change we will inform you during the admissions process.
Module structure
There are nine taught modules and a research dissertation, a consultancy project, an entrepreneurship pathway or placement pathway.
One module will be non-credit bearing and run through semester 1-2, while the other eight modules will be taught in Semesters 1 and 2 and are worth 15 credits each. The dissertation project or applied company research which students are expected to complete during the 12-weeks summer period is worth 60 credits.
Besides the non-credit bearing module, all students must take four compulsory core modules in Semester 1 followed by a further four core modules in Semester 2, a dissertation or applied company research undertaken between June and September completes the Programme.
Non-credit bearing module
1. MAN-40084: Introduction to Research (Semester 1-2)
Credit bearing Modules (8 modules are worth 15 credits each):
Semester 1:
1. ACC-40003: Accounting for Decision Making
2. ACC-40005: International Corporate Governance and Sustainability
3. ACC-40006: Performance Management
4. MAN-40114: International Business Context
Semester 2:
1. ACC-40001: International Financial Reporting
2. ACC-40002: Multinational Accounting and Control
3. ACC-40004: Contemporary Issues in Accounting
4. HRM-40040: Research Methods (compulsory for students who wish to undertake a Dissertation) or
5. MAN-40058: Creativity and Personal Development (compulsory for students who wish to undertake the Consultancy project, placement pathway or Entrepreneurship pathway)
Semester 3 (summer period):
1. MAN-40076: Dissertation Accounting (60 credits) or
2. MAN-40085: Consultancy Project (60 credits) or
3. MAN-40108: Entrepreneurship pathway (60 credits) - (UK/EU students only) or
4. MAN-40196: Placement pathway (60 credits)
Dissertation
The dissertation is a formal written academic project of between 15,000 and 20,000 words. It requires independent thought and action and encourages the integration of course material with areas of individual expertise and interest. The context, data, analysis and conclusions of the study are to be presented for assessment in a dissertation. Completion of the dissertation is supported by an academic supervisor.
Consultancy Project
The Consultancy Project* is currently offered to students on our full time postgraduate programmes. The project provides you with the opportunity to act as a consultant and to complete a ‘real project’ within a host organisation or company. By completing the project you will enhance your CV and future employability whilst gaining exposure to the practicalities of working in a commercial environment. You will be supervised by a Keele Management School academic and the project is assessed and counts towards your degree. Projects take place for 8 to 10 weeks, usually from late June.
Previous students have worked on projects including;
- Putting together a business plan to enable the organisation to enter into a new market place.
- Carrying out a feasibility study looking at market assessment, key risks and opportunities and required resources for a new venture.
- Conducting market research and putting together a marketing strategy for the company to increase its market share and then to devise and distribute the resulting marketing materials.
- Reviewing the company’s use of existing IT systems and recommending improvements in the management of work flow, management reporting and effective use of existing software.
- Working on a procurement strategy and helping the company to make decisions regarding supply processes and infrastructure investment.
* Previously known as the Applied Company Research Project.
Entrepreneurship pathway (UK/EU students only)
The aim of this pathway is to allow you time and space to develop your own business idea. You will have access to facilities and expertise for a period of 6-12 months. During this time, you will be required to complete a portfolio of evidence, presentation to an external stakeholder and a reflective piece which will constitute the module’s summative assessment.
Placement pathway
With the support of the School’s Placement Officer, you will find and secure a placement which can last between 6-12 months. The placement should be a paid work placement at a suitable level for Master’s study. During your time on the placement you will be required to complete an extended project on behalf of the organisation. The project report, presentation and a reflective piece and an organisation assessment will constitute the module’s summative assessment.
Entry Requirements
Academic entry requirements
Undergraduate degree in accounting, finance, economics or other business-related subject area, with at least a Second-Class Honours degree (2.2).
Students who have appropriate professional qualifications (e.g., ACCA, CIMA) or relevant work experience may also be considered.
Students with a good 2.2 (55% and above or overseas equivalent) with backgrounds outside of these areas (e.g., History or Pharmacy) may also be considered and are encouraged to contact the course Director.
English Language Entry Requirement for International Students
IELTS 6.5 with a minimum of 5.5 in each component . The University also accepts a range of internationally recognised English tests.
The University also accepts a range of internationally recognised English tests.
If you do not meet the English language requirements, the University offers a range of English language preparation programmes.
During your degree programme you can study additional english language courses. This means you can continue to improve your English language skills and gain a higher level of English.
Fees and scholarships
Course tuition fees for 2019/20 academic year
UK/EU students £9,195 per year
International students: £14,835 per year
Living costs
Keele University is located on a beautiful campus and has all the facilities of a small town. Student accommodation, shops, restaurants and cafes are all within walking distance of the teaching buildings. This is a very cost effective way to live and to reduce your living costs.
Scholarships and Funding
The University is committed to rewarding excellence and potential. Each year we offer a range of prestigious scholarships;
UK/EU students - more information on scholarships and funding
International students - more information on scholarships and funding
Our expertise
The programme team maintains a strong commitment to excellence and innovation in teaching and research. Teaching is informed by research with all teaching staff presenting and publishing academic papers at national and international conferences, in books and in internationally top ranked accounting, finance, and management journals. Most teaching staff have PhDs or equivalent, and they are members (Fellows/Senior Fellows) in the Higher Education Academy.
Meet the Accounting and Financial Management Team:
Prof. Istemi Demirag
Dr Akrum Helfaya
Dr Xiaoying Li
Mrs Tracy Clewlow
Dr Carola Weissmeyer
Mr James O’Neill
Dr Helen Oakes
Dr Colin Rigby
Careers
The programme is chiefly designed to attract students interested in a wide-range of careers in accounting and/or financial management in financial institutions including global banking, multinational firms and public organisations. It will also provide a sound foundation for an academic career in Accounting.
Studying this programme will enable you to further develop your intellectual, personal and professional capabilities. At Keele, we call these our ten Graduate Attributes and they include independent thinking, synthesising information, creative problem solving, communicating clearly, and appreciating the social, environmental and global implications of your studies and activities. Our educational programme and learning environment is designed to help you to develop further as a well-rounded postgraduate who is capable of making a positive and valued contribution in a complex and rapidly changing world, whichever spheres of life you engage in during and after your studies at Keele.
"The support received from all of the lecturers was excellent, and it was really beneficial to have approachable and helpful people I could turn to if I needed a bit more help."
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