Taught course

Accounting and Finance

Institution
The University of Manchester · Alliance Manchester Business School
Qualifications
MSc

Entry requirements

We normally look for a First or Upper Second class honours (2:1) degree from a UK university or the overseas equivalent. You need to have studied or be studying for a degree in accounting or finance. We also consider exceptional candidates with degrees in economics or mathematics. You must have taken a significant number of courses in accounting and finance during your degree, and a major or specialisation in accounting or finance in your final year with top level results. You must also demonstrate a solid background in quantitative skills, econometrics or mathematics. We also consider applicants studying degrees in business administration, business management or commerce who can demonstrate a very strong background in accounting and finance throughout their degree, and a final year major or specialisation in accounting or finance and strong quantitative skills. Due to competition for places, we give preference to applicants with an undergraduate degree in accounting or finance. We highly recommend GMAT or GRE for applications to all our accounting and finance related programmes. We anticipate a well-balanced score with a strong performance in the quantitative sections. All applicants must pay a £60 non-refundable application fee before applications are considered. See MBS website for further details of entry requirements and method of payment.

Months of entry

September

Course content

A career in accounting, financial services or related sectors requires a high level of understanding of the theory and practice of accounting and finance. This course gives you a broad-based understanding of the core subject areas with an emphasis on empirical research methods and accounting and finance practice. A wide range of modules allows you to specialise. During the course you have the opportunity to build on and apply your growing knowledge and expertise by completing a dissertation on a topic linked to the wide ranging research interests of faculty. This, coupled with the support you get from our staff, ensures a first-class learning experience.
Whether you want to further your professional career, or go on to study for a PhD, this course gives you the qualification you need to succeed.
Course recognition
The course meets the ESRC guidelines for Masters degrees and has ESRC recognition as a postgraduate training year in preparation for a PhD. It also holds the award of partnership status from the CFA Institute, the global association for investment professionals.
Course structure
(All taught course units are 15 credits)

Semester 1:
  • Essentials of Finance.
  • Financial Reporting Theory.
  • Introduction to Quantitative Methods.

One elective unit from:

  • Accounting in an International Context.
  • Foundations of Finance Theory.
  • Portfolio Investment.
Semester 2:
  • Advanced Management Accounting.
  • Corporate Finance.
Either:
  • Research Methods and Methodology in Accounting (for students doing an Accounting dissertation).
Or
  • Advanced Empirical Finance (for students doing a Finance dissertation).
One elective unit from:
  • Financial Statement Analysis.
  • Financial Econometrics.
  • International Finance.
  • Mergers and Acquisitions: Economic and Financial Aspects.
  • The Analysis of Business Structures.
Summer research period
Research dissertation (60 credits)
The dissertation is an integral part of the course. It gives you the opportunity to apply what you have learned in the taught part of the course. It normally consists of a piece of empirical work, involving qualitative research methods or traditional statistical methods.
Examples of recent accounting dissertation project topics include:
  • Audit practice, regulation and professionalisation.
  • Management control systems in organisations.
  • Field-based qualitative research on management accounting innovation and change.
  • Performance reporting by UK listed firms under IFRS.
  • Audit markets in emerging economies.
  • The effect of corporate governance (board and audit committee characteristics) on audit quality.
Career opportunities
Recent recruiters include: Bank of East Asia, Barclays, Brammer UK, Deloitte, Grant Thornton, KPMG, Lenovo, PricewaterhouseCoopers, Royal Bank of Scotland, Standard Chartered Bank

Information for international students

IELTS 7.0 or TOEFL 100 internet-based. Only applicants who already meet the minimum English language requirements will be considered. English language test results submitted must be less than two years old. See the website for more information.

Fees and funding

UK students
£20,000
International students
£23,000

Alliance MBS Scholarships are also available - contact the Admissions Office for details and visit the Alliance MBS website for further details: http://www.mbs.ac.uk/masters/fees-funding/scholarships.aspx

Qualification and course duration

MSc

block mode
- months
part time
- months
full time
12 months
distance learning
- months

Course contact details

Name
Masters Admissions
Email
pg@mbs.ac.uk
Phone
+44 (0)161 306 1339