Why is this subject for you?
You want to be able to speak the language of business and understand financial decision making and financial institutions.
You want a career in areas such as accountancy, banking, consultancy or academia, You want taught and supervised by leading academics and you want exemptions from the Association of Chartered Certified Accountants (ACCA) professional examinations.
Accounting is the process of summarising, analysing and reporting financial transactions to permit informed judgements and decisions by users of the information.
Finance looks at how company managers and investors make financial decisions, how they manage their risk and how financial markets function.
The MSc in Accounting and Finance provides students with an understanding of both the theoretical framework and practical skills necessary to work in the global financial environment.
The Corporate Finance module is taught in the Trading Room. Students have access to Bloomberg software, a market leader in financial news, data and analytics, which is used by many financial institutions.
Students will use and have access to software such as Stata, Excel, Matlab, and databases such as Thomson one banker, DataStream and Bloomberg.
The programme is accredited by ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants. Students will be exempt from exams F1 (Accountant in Business), F2 (Management Accounting), F3 (Financial Accounting), F4 (Corporate and Business Law), F5 (Performance Management) F7 (Financial Reporting) and F9 (Financial Management).
Students have the opportunity to hear from industry professionals who regularly deliver guest lectures and have the opportunity to network afterwards.
Trading and Investment Club
Students may wish to join the Trading and Investment Club, a student run organisation which aims to educate its members on trading and investing through guest speakers, competitions and educational seminars.
The Student Managed Fund, which uses real money, gives students the opportunity to be part of an investment management process.
The programme offers the opportunity to pursue appropriately advanced studies in both accounting and finance, equipping the students for careers in financial institutions, management consulting, industry or government bodies.
The modules included in the programme aim to develop capacities of critical assessment of literature and methods, and the ability to communicate, orally and in writing, on topics in accounting and finance.
They provide a stimulating suite of learning activities that introduce students to contemporary theories and practice.
The development of transferable skills will shape the teaching and learning on the programme. The successful completion of coursework, for instance, will require students to gather information from a range of sources, as well as select and assimilate the relevant knowledge and complete tasks within deadlines.
You will also acquire the ability to write projects and an MSc dissertation, which aims at developing the skills of reading and summarising academic articles. The students will be able to analyse financial statements, apply investment strategies and understand the role of accounting in both profit and not-for-profit organisations.
The contents provided during the programme will also be useful to those who wish to pursue PhD studies in accounting and finance.
Assessment & Feedback
A variety of methods, including individual and group work, presentations, case studies, class tests and dissertation will be used. Both summative and formative assessment methods are adopted throughout all modules, which span from practical computer based work, to class tests, group and individual presentations and academic essays. Timely feedback is provided on the students' performance.
Learning and Teaching
Teaching is usually in mornings and afternoons.