MSc Accounting and Financial Management

Gain advanced-level knowledge of accounting and financial management to extend your academic training to the frontiers of knowledge within the discipline or enabling professionally qualified accountants to take stock of the skills learnt in practice.

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About the Course

Accounting today is increasingly complex and global in scope. This programme provides academic training at the frontier of accounting and financial management knowledge. It’s an excellent foundation on which you can build your career in accountancy, investment banking or financial analysis.

During this course, if you meet the minimum performance criteria in your first term you will have the opportunity to sit the Chartered Financial Analysts (CFA) Level 1 professional exam. On completion of your degree, you can also secure Association of Chartered Certified Accountants (ACCA) exemptions from most of the Fundamental level papers depending on your module choices during the second term.

Key Facts

Course Content

Discover the topics you will study on the MSc Accounting and Financial Management course. If you wish to gain the prestigious CFA qualification, we offer extensive support and a specialist dissertation module to help you achieve this.

In your first term from October to December, you will take the following two core modules plus four further assessed modules. You will also complete a non-assessed two-week module on financial databases.

During your second term from January to March, you will take four assessed modules. This includes two or three modules from the first three in the list below, and then one or two from the remaining modules listed.

From May to July you work solely on your Masters dissertation and progress report, with guidance from your academic supervisor. You will continue this work throughout the remainder of the summer, submitting your dissertation in September, at the end of the Masters programme.

There are a wide choice of dissertation topics.

‌The Chartered Financial Analyst (CFA) Program is the leading professional qualification in the global investment industry. As a CFA Affiliated University, our MSc Finance and MSc Accounting and Financial Management programmes are recognised for their strong connection to professional practice and ability to prepare students for the CFA exams. Only a handful of UK business schools have been granted this status by the CFA.

These programmes include a special CFA dissertation aimed at suitably qualified students wishing to sit the June CFA Level I exam and gain this prestigious qualification. You will benefit from five weeks of professional teaching by specialist CFA tutors from Fitch Learning covering the entire CFA Level I syllabus, supplemented by online support, key resources and real-time feedback via the Fitch Learning CFA training portal. 

On completion of the module, you will sit a 3-hour mock Level I examination and the results contribute 42% to your overall dissertation mark. The CFA dissertation is available at no charge to all MSc Finance and MSc Accounting and Financial Management students who meet minimum performance criteria during the first term. CFA scholarships are also available to help you gain CFA Level I, and details are automatically sent to eligible students during Summer term.

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ACCA

This programme is accredited by the Association of Chartered Certified Accountants (ACCA). Some modules also provide exemptions from ACCA examinations at Fundamentals level to fast-track your progression.

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CFA

If you are interested in studying to become a Chartered Financial Analyst, many of our Accounting and Financial Management MSc modules contribute widely to CFA study sessions at Levels I, II and III

Scholarships

Our programme-specific scholarships are aimed at high-achieving students with a strong academic or personal profile. We'll automatically consider you for these scholarships when you apply and if you are shortlisted we'll be in touch with the next steps, so it's best to apply as soon as possible. We also offer LUMS Alumni scholarships - visit our Scholarships and funding page to find out more.

Scholarships and Funding

Careers

For many students, the desire to boost their career prospects and move more quickly into senior roles is a key reason for acquiring a Masters degree. That's why we integrate careers support into our MSc programmes, and offer a range of facilities to help you in your career development and job search process.

Like all of the School’s Masters students, you will have access to guidance and support from the LUMS careers team. But to give you extra industry-specific job-hunting skills, we have partnered up with a financial markets specialist who has worked for several leading investment banks and also financial technology institutions. As a financial careers coach still working in the financial markets, his role is to make you aware of many different opportunities that exist within the sector, giving you a clear picture of the particular skills required – and, crucially, an insider view on what employers will be looking for.

To help you differentiate yourself in a fiercely competitive market, he provides guidance on writing CVs and cover letters for the financial market, interview skills, and performing well at assessment centres.

Employer Events

You will also be able to take part in the many workshops and other employer events provided throughout the year by the careers team at LUMS. Many of the workshops are run by major companies, allowing you to find out what companies look for when recruiting at this level, and to improve skills which employers regard as essential in good candidates.

Where do our graduates go?

Our MSc graduates go on to work for many different kinds of organisations, in roles such as financial analysts, investment managers, regulators and policymakers, treasury managers, or consultants, etc. Some have used their finance expertise to set up their own companies, and other have gone on to accounting- or finance-related academic careers.

Companies which have recruited our Masters graduates in recent years include: Arthur D. Little, Bacon & Woodrow, Bank of Cyprus, Bank of New York, Bank of Thailand, BankOne, Barclays Capital, China Asset Management, Citibank, Commonwealth Bank of Australia, Deloitte, Deutsche Bank, EY, Goldman Sachs, Grant Thornton, HSBC, KPMG, Lazard, Lloyds TSB, Mazars, Nestlé, N M Rothschild, Norwich Union, PwC, Piraeus Bank, State Street Global Advisors, Standard Chartered Bank and Towers Perrin.

Graduates

Student Profiles

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