Accounting and Financial Management - MSc
Master the knowledge and skills to engage and lead in diversified roles in accounting with our Accounting and Financial Management MSc. Discover the core principles of accounting to enhance your theoretical understanding and practical skills across financial reporting and analysis, costing methods, management accounting, audit procedures and more. Integrating professional development opportunities and real-world applications, you will be equipped to work across a range of organisations and sectors.
Month of entry
- September, January
Mode of study
- Full time
Fees for 2025/26 academic year
- UK - Full time £12,700 per year.
International - £17,700 per year.
Duration of study
- 1 year
Why study Accounting and Financial Management at Keele University?
Course summary
Our MSc programme provides a comprehensive understanding of accounting and financial management principles, combining theoretical knowledge with practical application. The programme focuses on key areas such as financial accounting and reporting, performance analysis; strategic management accounting and control; financial auditing and sustainability assurance; and corporate governance and social responsibility.
Develop your ability to understand and critically evaluate the relationship between economic events and financial statements, learn to identify red flag fraud indicators and propose effective control recommendations and take a deep dive into industries you aspire to work in. Our modern curriculum is designed to set you up for success in a variety of roles within the sector.
You will have the opportunity to work with practitioners in industry as well as access to Bloomberg terminals to support the analysis of financial performance, building on your professional skills in the workplace. You will become equipped for a career in accounting and finance through a well-rounded degree which encourages you to challenge contemporary issues and apply your learning to the real-world.
Central to this programme is a strong focus on advancing your professional development and providing practical industry engagement opportunities, strategically enhancing your employability. You’ll connect with experienced professionals, gain insights into the latest trends in your chosen field and have the opportunity to work directly with an organisation to develop solutions for a current business issue, gaining valuable real-world skills.
Our programme provides the flexibility to align your studies to your career aspirations through a core Professional Project. You can choose to undertake a research project, consultancy project, or a strategic business proposal.
Sustainability, ethics and responsible business practices are embedded throughout and by completing Keele Business School’s Sustainability Passport you’ll demonstrate your ability to incorporate sustainability practices in a professional context.
Located in an innovation park that fosters collaboration between academia and industry, Keele’s campus offers a supportive learning environment designed to prepare you to excel in the dynamic world of global business.
Related courses:
Next steps
Course structure
Modules
The module details given below are indicative, they are intended to provide you with an idea of the range of subjects that are taught to our current students. The modules that will be available for you to study in future years are prone to change as we regularly review our teaching to ensure that it is up-to-date and informed by the latest research and teaching methods, as well as student voice. The information presented is therefore not intended to be construed and/or relied upon as a definitive list of the modules available in any given year.
Accounting and Financial Management module structure
Business Consultancy Project
In the Business Consultancy Project, you will build foundational skills and gain practical experience by working directly with a real organisation to develop solutions to real-world challenges. You will learn to engage with businesses, frame organisational issues, and apply creativity and innovation. This module develops core skills in collaboration, communication, and problem-solving, preparing you for the Professional Project and Placement. It provides a strong foundation for success in other areas of the programme.
Professional Development and Industry Insights
This module helps you explore the industry you want to work in, including its structure, recruitment practices, and key trends. You will assess your own skills and experiences, identifying how you align with the industry’s needs and expectations. Through active learning, reflective activities, and guest speaker insights, you will develop practical knowledge and career planning skills. The module supports your progression into the Business Consultancy Project, Professional Project, and Placement, preparing you for future opportunities.
Financial Reporting & Performance
This module develops your ability to understand and critically evaluate the relationship between economic events and financial statements. It builds knowledge of international financial reporting standards and the institutional and conceptual frameworks underpinning financial accounting. The module also examines the analysis of financial ratios and disclosures, encouraging a critical approach to interpreting financial information. Access to Bloomberg terminals provides practical experience in analysing financial performance, supporting the application of theoretical concepts in professional contexts.
International Corporate Governance & Sustainability
This module introduces key concepts of international corporate governance and sustainability, exploring theoretical approaches to governance and sustainability practices. It examines mechanisms for implementing and managing corporate governance activities and sustainability initiatives. The module covers national and international codes of governance, highlighting global efforts in sustainability reporting and assurance. It also explains how governance and sustainability information can improve decision-making at the organisational level and support stakeholders in evaluating financial and non-financial corporate accountability.
Management Accounting & Control
This module provides essential knowledge of strategic accounting management, costing methods, and new accounting techniques in both theory and practice. You will develop the ability to assess options and make decisions that align with an organisation's strategic objectives. The module also emphasises critical evaluation of the social impacts of management accounting changes, using case studies to explore these issues in depth. It equips you with the skills needed to address strategic accounting challenges effectively.
Auditing & Risk Assurance
This module provides essential knowledge of auditing and assurance concepts, including key terminologies and audit procedures for conducting financial report audits based on the risk-assessment model. You will develop the ability to identify red flag fraud indicators and propose effective internal control recommendations. The module also fosters a critical understanding of the role of external auditors within the audit society, equipping you with the skills to navigate the complexities of the auditing profession.
Professional Project
In the Professional Project, you will undertake an independent piece of work that builds on academic and practical skills developed throughout the programme. You can choose from three routes: a research project, a consultancy project, or a strategic business proposal, aligned to your career aspirations. We will support you in preparing for your chosen path with essential research or consultancy skills. The module culminates in a detailed write-up and reflective analysis, showcasing your expertise and professional growth.
Next steps
Entry requirements
Pre-Master's in Business
The Keele University International College offer a one semester Pre-Master's in Business programme for international students who do not meet the traditional entry requirements for a postgraduate business degree at Keele University.
Please visit the Keele University International College for more information on how to apply, entry requirements and course details.
Next steps
Entry requirements
The following section details our typical entry requirements for this course for a range of UK and international qualifications. If you don't see your qualifications listed, please contact us to find out if we can accept your qualifications.
Typical offer
Please ensure that you read the full entry requirements by selecting your qualifications from the dropdown menu below. This will include any subject specific, GCSE/Level 2 Maths, and English language requirements you may need.
Please select your country from the drop-down list below for the full entry requirement information
UK
2:2 degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Bangladesh
60% in a 4-year degree or 3-year degree with a 2-year Master's in any subject from a public university or CGPA 2.8 in a 4-year degree or 3-year degree with a 2-year Master's in any subject from a private university
or
demonstrated relevant professional qualifications or experience
We don’t accept degrees from certain universities, please see our Bangladesh Country Page for more information
You will also need: an English language qualification (see below)
Canada
70% or C or a GPA of 2.5 in a degree (Ordinary or Honours) in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
China
70% in a degree in any subject or 65% in a degree in any subject from a '211' university
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Ghana
Second class degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
India
55% or CGPA 6/10 in any degree of three years or longer
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Kenya
Second class degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Nepal
60% / 2.4 in a 4-year Bachelor's degree in any subject
or
65% / CGPA 2.8 in a 3-year Bachelor's degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Nigeria
Second class degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Pakistan
We accept a range of qualifications from Pakistan. Please visit our Pakistan Country Page for more information
or we will consider demonstrated relevant professional qualifications or experience
You will also need an English language qualification (see below)
South Africa
Second class division 2 / 60% in a Bachelor's degree with Honours in any subject
or
Second class division 1 / 70% in an Ordinary Bachelor's degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Sri Lanka
55% in a Special Bachelor's degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Uganda
Second class degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Zimbabwe
Second class degree in any subject
or
demonstrated relevant professional qualifications or experience
You will also need: an English language qualification (see below)
Pre-Master's in Business
The Keele University International College offer a one semester Pre-Master's in Business programme for international students who do not meet the traditional entry requirements for a postgraduate business degree at Keele University.
Please visit the Keele University International College for more information on how to apply, entry requirements and course details.
English language requirements
All of our courses require an English language qualification or test. For most students, this requirement can be met with a 4 or C in GCSE English. Please see our English Language guidance pages for further details, including English language test information for international students. For those students who require an English language test, this course requires a test from Group B.
References
Normally, you will need to provide at least one academic reference to support your application unless you have been out of study longer than two years. If it has been more than two years since you last studied on a degree-level programme, you will normally need to provide an employment reference instead. For more information about Academic References, please see our Postgraduate how to apply web pages.
Personal Statement/Statement of Purpose
Please see our Postgraduate how to apply web pages for guidance on what to include in your personal statement.
Recognition of Prior Learning
The Recognition of Prior Learning (RPL) is a process which enables applicants to receive recognition and formal credit for learning acquired in the past through formal study or work and life experiences.
RPL can also be requested for admission onto the start of a programme in lieu of the admission requirements. For more information, see our Recognition of Prior Learning web pages.
Professional qualifications and work experience
The majority of our courses will consider relevant work experience and/or professional qualifications at the appropriate level, as an alternative to an undergraduate degree for entry. The work experience should be for a sustained period and at a suitable level, based within a relevant sector to your chosen course.
Admissions staff will review your work experience and/or professional qualifications during the assessment of your application to ensure suitability in terms of relevancy, level and appropriate learning outcomes.
General information
The entry grades outlined in this section indicate the typical offer which would be made to candidates, along with any subject specific requirements. This is for general information only. Keele University reserves the right to vary offer conditions depending upon a candidate's application.
PRME Champions
Keele Business School (KBS) has been selected for the 2024-2025 cohort of PRME Champions. Consisting of 47 businesses and management schools from around the world, The Principles for Responsible Management Education (PRME) is an initiative of the United Nations Global Compact, focused on raising the bar for sustainable business education. More information about PRME Champions can be found here.
Funding
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.
Please note, if your course offers a January start date, the January 2025 start date falls in the 2024/25 academic year. Please see the January 2025 fees for the relevant fees for starting this course in January 2025
Planning your funding
It's important to plan carefully for your funding before you start your course. Please be aware that not all postgraduate courses and not all students are eligible for the UK government postgraduate loans and, in some cases, you would be expected to source alternative funding yourself. If you need support researching your funding options, please contact our Financial Support Team.
Scholarships
We are committed to rewarding excellence and potential. Please visit our scholarships and bursaries webpage for more information.
For continuing students, fees will increase annually by RPIX, with a maximum cap of 5% per year.
Next steps
Co-located with businesses
As a Keele Business School student, you will study alongside innovative companies that are based in the Business School building, a hub for fostering networks and linking with industry.
Keele Business School is located at the heart of the Keele University Science & Innovation Park, one of the leading developments of its kind in the UK. The Park offers companies a business environment that provides an innovative research culture, combined with academic expertise and the University’s specialist resources, with a variety of opportunities for students to get involved, from internships, knowledge exchange partnerships, and student enterprise initiatives.
Your career
Our master’s will not only prepare you to become a qualified Chartered Accountant, but also for a wide-range of careers in accounting and/or financial management both in the UK and internationally. You could work in accounting and finance-related roles within many different sectors. Alternatively, you may wish to pursue further postgraduate studies at MPhil or PhD level, which can lead to an academic career in Accounting.
You will attain a range of personal and professional skills that are valued in the workplace and allow you to adapt to various contexts, including effective communication, data analysis, key decision-making and time management. Keele will help to prepare your for your next steps in your career with a degree that aims to provide a robust foundation in leadership, strategic thinking and management.
Jobs that a graduate of this programme could go on to include:
- Financial Accountant
- Management Accountant
- Chartered Accountant
- Auditor
- Financial Analyst
- Corporate Social Responsibility (CSR) Officer
- Risk Consultant
- Accounting Director
- Audit Manager
- Chief Financial Officer
- Financial Controller
- Finance Manager
Enhance your employability
Keele Careers and Employability offers comprehensive support for careers and placements, including workshops, personalised guidance, and access to job opportunities. Their services include CV development, interview preparation, and career planning to help you succeed with confidence in your professional journey.
Next steps
Postgraduate Study with Keele Business School
Teaching, learning and assessment
Teaching
Teaching on our Management MSc combines interactive and applied learning methods to create a dynamic and engaging experience. You’ll benefit from interactive, in person lectures, small group tutorials, and web-based learning via the Keele Learning Environment (KLE). Independent study is encouraged, allowing you to explore your interests in greater depth, while reflective practice helps you evaluate and enhance your learning journey. Communication and teamwork skills are developed through peer-assisted learning and collaborative projects. Additionally, you’ll engage with real-world scenarios through live business challenges, company visits, and guest lectures, gaining valuable insights directly from industry professionals.
Assessment
You will be assessed using a wide variety of methods which reflect the breadth of the knowledge and skills you will have developed on the programme, including assignments, reflective diary, essays, group assessments, portfolios, projects and reports.
Next steps
Our expertise
KBS staff have extensive teaching, research and industrial experience in a variety of fields both in the UK and internationally. The School maintains a strong commitment to excellence and innovation in teaching and research. Our staff members have substantial teaching experience and are committed to continuing professional development; some are members (Fellows/Senior Fellows) of the Higher Education Academy. All of our lecturers have PhDs or equivalent, and hold professional qualifications.
The programme team maintains a strong commitment to excellence, innovation and multi-culture 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. Their expertise spans a diverse range of areas from financial market evaluation, auditing, social and environmental accounting to corporate governance.
Teaching team
Next steps
Supporting you
Throughout your studies, you’ll be fully supported and have access to a variety of resources. The programme begins with a comprehensive induction, designed to help you transition smoothly and confidently into your academic journey. An academic mentor will be assigned to you, offering guidance and advice on academic challenges and general support. You’ll also have regular opportunities to engage with the programme team to provide feedback on learning and teaching.
Additional support is available from our Student Experience and Support Team based within our Faculty, who work closely with teams across Keele ensuring you have easy access to comprehensive advice and support, including services for Disability Support and Inclusion, Student Financial Support, Counselling and Mental Health, Residence Life and Chaplaincy, and International Student Support.
Next steps