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Accounting and Finance MSc

Faculty of Business and Law is a Gold Approved ACCA Learning Partner and accredited by CIMA

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Overview

Reasons to study Accounting and Finance MSc at DMU:

The programme is designed to provide a career entry opportunity for full-time students as well as a career development opportunity for accountants, auditors, practising managers, business consultants and finance experts from various backgrounds, to enhance and develop their accounting and finance skills.

The aim of the programme is to balance theoretical analysis with practical application to develop a critical and questioning approach to the conceptual underpinnings of accounting and finance. To this end the programme leads with core taught modules that critically examine the scope of generic accounting & finance; Contemporary Issues in International Financial Reporting, Evaluation of Management Accounting and Applied Corporate Finance.

In Semester 1 students will also undertake the Research Methods module which will lay foundations for future research skills, in general, as well as for the culminating project/dissertation. The second semester is designed to progress to the Applied Trading module which will be a two-week intensive study within the Bloomberg suite where students will consider the practical aspects of investment.

This will underpinned by the study of Portfolio Management throughout the semester. Students will also be prepared for future self-reflection and career development through the Knowing and Developing Yourself for Professional Success module. In addition, to these core areas student can also select an area of interest and specialism from a comprehensive list of elective modules.

  • Design your own course
    Study a course combining core and optional modules, enabling you to design your own personal pathway
  • Gain a broad understand of Accounting and Finance
    Develop an advanced understanding of accounting and finance issues for the private and public sectors, both nationally and internationally, enhancing your career prospects with sought-after financial skills
  • Use of the Executive Business Simulation
    sophisticated, software driven experience. Particularly useful for drawing learning together and for developing employability skills – deadlines, team work, team leadership, role-play, critical analysis etc
  • Applied Trading
    providing an intensive experience within the Bloomberg suite trading room working with industry standard information
  • ‘Employability’ is central to the programme
    and is reinforced through the ‘Knowing and Developing yourself for Professional Success’ module
  • Applied Corporate Finance
    an innovative, real world scenario based module, will enable students to apply theory to practical scenarios
  • Business Analytics
    an innovative module which reflects modern business requirements and expectations with regard to dealing with large, high dimensional data sets. The emphasis is on data structuring, modelling and visualisation techniques.

 

Scholarships

At DMU, we are committed to helping our graduates enhance their careers and personal development through further study.

#DMU Global High Flyers Award
The #DMUglobal High Flyers Award offers students a discount of up to £1,000 towards a #DMUglobal opportunity (subject to terms and conditions).

Vice-Chancellor’s Sports Scholarship
Find out more about the Vice-Chancellor's Sports Scholarships worth up to £6,000.

International Scholarships
Find out about available scholarships and country specific fee discounts for international students.

 


More courses like this:

Global Banking and Finance MSc
Global Investment and Risk MSc
Forensic Accounting MSc
International Business and Finance MSc

  • UK/EU
  • International

Key facts for UK/EU students

Institution code: D26

Programme code:
N40080

Start date: September 2018

Duration: One year full-time

Location of study: Faculty of Business and Law, Hugh Aston Building 

Fees and funding: £7,500

Find out more about course fees and available funding.

Find out more about additional costs and optional extras associated with this course.

Contact us: For more information complete our online enquiry form or call us on +44 (0)116 2 50 60 70.

Key facts for international students

Institution code: D26

Start date: September 2018

Duration: One year full-time

Start date: September 2018

Location of study: Faculty of Business and Law, Hugh Aston Building 

Fees and funding:

2017/18 entry: £13,100

Find out more about course fees and available funding.

Find out more about the Vice-Chancellor's Sports Scholarships worth up to £6,000.

Find out more about additional costs and optional extras associated with this course.

Contact us: For more information complete our online enquiry form or call us on +44 (0)116 2 50 60 70.

Entry criteria

Entry criteria

Applicants will normally hold an undergraduate degree in Accounting, Finance, Economics, Banking or Business-related subjects with a minimum pass of a Second-Class Honours, an equivalent overseas qualification, or an equivalent professional qualification. 

Fully qualified Professional Accounting applicants (such as CIMA/ACCA and 3 years work experience plus examinations) are eligible for accelerated entry (90 credits) on to the programme on a part-time basis.

English Language requirements

If English is not your first language, an IELTS score of 6.0 (including a minimum of 5.5 in each component) or equivalent is normally required.

English language tuition is available at DMU both before and during the course, if required.

Structure and assessment

 

Course modules

Teaching and assessment

Accreditation

 

Course modules

 

This is how the programme will look:

 

 Semester One (September -January) 

 LBPG5009 Executive Business Simulation  

 ACFI5067 Contemporary Issues in

International Financial Reporting

 ACFI5068 Management Accounting  

 ACFI5069 Applied Corporate Finance 

 ACFI5070 Research Methods 

 Semester Two (January - May) 

 ACFI5077 Portfolio Management

 Choose one from the following: 

 ACFI5073 Business Analytics 

 ACFI5074 Governance & Social Responsibility 

 ACFI5075 International Taxation Policy 

 ACFI5076 Assurance and Risk 

 ACFI5078 Behavioural Finance 

 ACFI5071 Applied Trading  

 LCBS5028 Knowing and  Developing Yourself for Professional Success 

 Semester Three (May -September)  

 ACFI5028 Dissertation 

 LBPG5030 Business Research Project 

 60 credits 

 (one of two) 

 

Contemporary Issues in International Financial Reporting

This module introduces the learner to broader and deeper understanding of the contemporary and important issues concerning international financial reporting regime. It discusses the increasing role of international financial reporting regulation, the politics thereof and the critical debates in different jurisdictions. As such, this module allows students to deliberate upon the important developments in international financial reporting from a historical, social, political and professional standpoint. It critically evaluates the implications which financial reporting has on businesses and societies. A further focus is on the increasing trend and importance of non-financial reporting areas such as sustainability accounting and corporate social responsibility of businesses.


An Evaluation of Management Accounting 

This module examines the application of management accounting within a coherent theoretical framework. You will analyse the fundamentals of costing within a multi-product business environment and contextualise the same through the use of case studies. Control, evaluation and performance measurement techniques will also be critiqued. During this module you will make use of contemporary research literature in the field of management accounting. The module will make use of contemporary research literature in the field of management accounting to examine the role of the management accountant and the application of management accounting techniques in practice

Applied Corporate Finance

This module provides students with a broad understanding of the ways that capital is raised to create, grow and restructure firms. The aim of the module is to guide students on the techniques used to appraise and report on investment and financing decisions. You will be shown how corporate finance decisions impact the value of the firm and impact shareholders and other stakeholders. Case Studies will be used to illustrate the impact of various corporate decisions.

Research Methods 

The module provides you with a broad understanding of business and academic research methods. It is designed to help students prepare for a Dissertation, Business Research project, Executive Company Project or Entrepreneurship Project You will be guided on the selection and planning of a suitable research project. The module will review research design, paradigms and ethics, including the broader ethical impact of research. Through undertaking this module you will cover a wide range of quantitative and qualitative methods for data collection and analysis. You will also be guided as to how to use financial datasets (Bloomberg and Reuters) available in DMU. 

Portfolio Management

Taught from the portfolio manager’s perspective, issues in price formation for all the major asset classes will be explored. Markets will be investigated with particular attention to the fundamental and non-fundamental components of securities pricing. To this end you will examine the standard valuation methods in addition to concepts arising from the behavioural finance literature. Optimal portfolio allocation will also feature. The overriding objective of the module is to provide a framework for well-placed investment decisions and to become familiar with the various investment strategies, providing a knowledge base for those wishing to pursue professional qualifications in this field.

Applied Trading

This module provides a broad understanding of the skills needed to turn clients' investment objectives into trading strategies. It is designed to prepare participants for roles in investment firms, regulators, and clients. Guidance on the links between finance theory and trading will be part of your programme of study. You will manage a simulated sub-portfolio on behalf of a virtual client. During the module, you will report to, and make trading recommendations on behalf of, this client. Your advice will be in response to real-time daily news, and changes in your client's investment objectives. This module offers a unique chance for you to apply your knowledge of finance theory, and portfolio management to a changing situation. You will become familiar with many aspects of the trading floor and you will learn how to analyse the impact of trading strategies on risk, return, and transaction costs. You will also gain an understanding of hedging, and how to manage client cash flows.

Business Analytics

This module integrates accounting and financial theory with the science and art of discovering and analysing patterns, identifying anomalies, and extracting other useful information in financial and economic datasets. This module takes a practical approach to prepare you to analyse and get a grasp of the most required data structuring, modelling and visualization techniques by employers. You will gain business insights for decision making by participating in business analytics simulations and you will be able to present dynamic reports to a diverse audience.

Governance and Social responsibility

The module offers an understanding of corporate governance and social responsibility. The aim is to analyse the effects of corporate governance and social responsibility and to consider the role key stakeholders such as institutional investors play in corporate governance. You will review academic journals and make recommendations with regard to factors that influence corporate governance and social responsibility.

International Taxation Policy

The content will reflect the latest developments in international tax policy, which may include areas such as; the importance of taxation in economic planning and management and  the principles of an “Ideal Tax”.  You will also be asked to consider the importance of tax policy in the equity in redistribution of wealth linked to SDGs (Sustainable development goals).  The roles of International Financial Institutions in setting and regulating international tax policy may also be explored. 

Behavioural Finance

The module will provide you with an understanding of behavioural finance theories. We will examine the impact on stock markets of credit conditions, behaviour (biases and heuristics), institutions, and culture. You will be shown how to use behavioural finance theories to explain financial crises and stock market bubbles. The module reviews the evidence for and against market efficiency, momentum, reversal, over-reaction, and under-reaction. You will be encouraged to think critically about the implications of behavioural finance theories for financial and regulatory decision-making.

Dissertation

You must also undertake a dissertation, providing an invaluable opportunity to work in depth on a particular aspect of accounting and/or finance (in its broadest sense) and to apply and enhance your technical knowledge and critical awareness in a subject of your choice.

Business Research Project

The Business Research Project (BRP) is an individual consultancy project that serves as a commercially and employability-relevant experience, and is an alternative to the dissertation. It requires you to compile a 10,000 word report that acts as a solution to a business research challenge. The assessment is in two phases; A. Situational brief, to ensure that you fully understands the project requirement (in a similar way that a marketing consultancy would send a proposal), and B. Main report, which includes details of the research / analysis / recommendations. Each project is summarised on a BRP brief, a one-page document that gives a succinct description of the organisation, the overall project, the specific skills you have developed, and the expected outcomes

Knowing and Developing Yourself for Professional Success 

The objective of this module is to encourage and raise your self-awareness in a constructive and supportive environment. In the leadership literature you will encounter terms such as “authentic leadership”, “responsible leadership” and others, and as they progress in their careers you will be encouraged to “show up as your true self” and to “have the courage to be yourself”, and yet none of this will be possible without a deep understanding of who you really are - for this you need to know yourself. Knowing yourself is a lifelong endeavour. This module will support you through your individual learning journey, providing you with tools, frameworks and core skills to develop self-awareness throughout the module, the programme and beyond. The module will offer a safe and supportive environment where you can explore, investigate and plan for your future. 

Note: All modules are subject to change in order to keep content current.

Teaching and assessment

Modules include formal lectures, tutorials, workshops and interactive sessions.

Teaching contact hours

This is a full-time course so you should be prepared to devote approximately 38 hours a week to your studies. You will typically have up to 14 hours contact hours of teaching most weeks for semester 1 and 2. Teaching is through a mix of lecturers, tutorials, seminars and lab sessions and the breakdown of these activities is shown in each module description.

In addition each module provides a 2 hour surgery each week available for individual consultation with the lecturer. You may also have some scheduled meetings with your programme leader, personal tutor, and/or careers throughout the year to discuss your academic progress and personal development.

Self-directed study: In order to prepare for, and assimilate, the work in lectures and seminars you will be expected to make regular use of our on-line resources, participate in classroom discussions including on our virtual learning environment (VLE) and engage in personal study, revision and reflection for approximately 24 hours per work during semester 1 and 2.

In semester 3, you will undertake independent research for your dissertation (or In-company project), and again should typically allow around 38 hours per week for this. You will be allocated a dedicated academic supervisor to support you, who you will be able to contact on a regular basis.

Accreditation

Our Business School is a Gold Status ACCA Learning Partner and is accredited by CIMA (Chartered Institute of Management Accountants)

Facilities and features

Hugh Aston Building

You will be taught in the Hugh Aston Building, which was purpose-built at a cost of £35 million.

Students benefit from a dedicated law environment complete with its own mock courtroom, client interviewing room and an integrated law library.

Facilities also include lecture theatres and classrooms with capacities ranging from 50 to 250 people, break-out spaces for group work, quiet study zones for individual work and a large number of high-spec IT labs, some of which are installed with professional software.

The Newarke café in Hugh Aston provides Costa Coffee as well a range of snacks and refreshments.

Library services

We have 1,500 study places and 650 computer workstations across four sites on campus. These give access to more than half a million publications, an extensive range of DVDs, e-resources and thousands of electronic journals. 

The main Kimberlin Library is open 24 hours a day, 365 days of the year (other than in exceptional circumstances).

Award-winning staff are on hand to help and there is a café for study breaks. We offer a range of workshops, drop-in and one-to-one sessions, and our Just Ask service provides email and telephone support.

Learning zones

Our comfortable and well-equipped study areas provide a range of environments to suit your needs.

Originally set up in our main Kimberlin Library, the learning zones proved so popular that more were created in the Eric Wood Building and Greenhouse. These flexible spaces are ideal whether you are working as a group, practising a presentation or working quietly on your own.

They feature workstations with power supplies for laptops, plus bookable syndicate rooms with interactive whiteboards and DVD players. Eduroam wi-fi is available across all campus locations.

Opportunities and careers

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#DMUglobal

This is our innovative international experience programme which aims to enrich your studies and expand your cultural horizons – helping you to become a global graduate, equipped to meet the needs of employers across the world.

Through #DMUglobal, we offer a wide range of opportunities including on-campus and UK activities, overseas study, internships, faculty-led field trips and volunteering, as well as Erasmus+ and international exchanges.

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Graduate careers

Enhance your existing qualifications and global career prospects with a specialist master’s in business economics and business finance. This course will provide advanced preparation for careers in the policy making, organisational decision making and the financial world.

DMU Open Evenings

Our next postgraduate open evening takes place on Wednesday 5 September 2018. Book your place today. 

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Our prospectus will give you a clearer idea of what it's like to live and study at DMU and a snapshot of the courses we offer.

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How to apply

We welcome applications from students with a wide range of qualifications and experience.

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More about your DMU

50% off selected PG courses
Open evenings
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Research at DMU
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50% off selected PG courses

We are committed to helping our graduates enhance their careers and personal development through further study, which is why we offer the Vice-Chancellor’s 2020 Scholarship. This gives DMU graduates a tuition fee discount of up to 50 per cent on selected full-time and part-time postgraduate courses, based on academic achievement and merit. Find out more.

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Open Evenings

The perfect way to find out more about DMU is to attend one of the postgraduate open evenings or events that take place all year round. If you can't visit the university in person, you can also sign up for one of our online chats. Find out more.

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Online chats

If you are unable to visit the university in person, we hold regular events where you can chat online with an adviser. Find out more.

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Research at DMU

De Montfort University (DMU)’s growing reputation for research which benefits society has been confirmed with the publication of the REF 2014 results. Find out more.

 
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