Accounting and Financial Management MSc - 2019 Entry
Full time 12 Month(s)
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 exemptions from the Fundamentals levelexemptions from the Fundamentals levelexemptions from the Fundamentals levelpaper papers depending on your module choices during the second term. If you have passed all Fundamental level papers you could then progress on the ACCA pathway which provides a recognised level of tuition for ACCA’s Professional-level papers: P2 (Strategic Business Reporting) and P4 (Advanced Financial Management).
The programme balances theory with applied learning, using practical working examples to enhance skills and understanding. You will learn about the principles of financial reporting and foundation of finance, and have the chance to study modules such as risk management in commercial banking, financial statement analysis, advanced management accounting or advanced investment management. Some modules also provide training in Python programming to help address the industry’s skills gap and give you a competitive edge in the jobs market.
You are encouraged to select your dissertation according to your future career path. Dissertations are managed in streams. You will be invited to presentation sessions by the stream leader and you will choose from either empirical asset pricing, accounting, CFA level 1, or corporate finance.
Throughout your course you will have access to the School’s career support. Advisers will help shape a one-to-one plan to ensure you make the most of your time here.
We keep pace with the ever-changing standards in accountancy, ensuring absolute relevance. We’re proud to produce graduates who have gone on to thrive in large accountancy firms such EY, PwC and other international firms.
You will study a range of modules as part of your course, some examples of which are listed below.
- Advanced Corporate Finance
- Advanced Investment Management
- Financial Reporting for Complex Entities
- Derivatives Pricing
- Financial Statement Analysis
- Corporate Governance
- Fixed Income Markets
- Financial Econometrics
- Advanced Management Accounting
- Behavioural Finance
- Risk Management in Commercial Banking
- Professional Ethics: Standards in Finance and Accounting Practice
- Financial Data Platforms
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
Please note that this programme has now closed to Overseas applicants for 2019/20 entry. We are still accepting applications for 2019/20 entry from UK and EU applicants.
Entry requirements: 2:1 (UK Hons) degree or equivalent in Finance, Accounting, Economics or other business-related subject. Graduates in non-business areas with strong quantitative elements may also be considered. It is recommended that your previous studies have covered the following modules: Maths, Finance, Accounting, Economics, Statistics, Quants, Calculus, Econometrics, Micro and Macro Economics, Physics, Linear Algebra.
If you have studied outside of the UK, you can check your qualification here: International Qualifications
We may consider non-standard applicants, please contact us for further information.
IELTS: Overall score of at least 7.0, with no individual element below 6.0
We consider tests from other providers, which can be found here: English language requirements
If your score is below our requirements we may consider you for one of our pre-sessional English language programmes:
10 week - Overall score of at least 6.0, with no individual element below 5.5
For details of eligibility see: Pre-sessional programmes
4 week - Overall score of at least 6.5, with no individual element below 6.0
Further information is available at English for Academic Purposes
Funding: All applicants should consult our information on Fees and Funding.
Further information: MSc Accounting and Financial Management
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The University will not increase the Tuition Fee you are charged during the course of an academic year.
If you are studying on a programme of more than one year's duration, the tuition fees for subsequent years of your programme are likely to increase each year. The way in which continuing students' fee rates are determined varies according to an individual's 'fee status' as set out on our fees webpages.
What are tuition fees for?
Studying at a UK University means that you need to pay an annual fee for your tuition, which covers the costs associated with teaching, examinations, assessment and graduation.
The fee that you will be charged depends on whether you are considered to be a UK, EU or overseas student. Visiting students will be charged a pro-rata fee for periods of study less than a year.
Our annual tuition fee is set for a 12 month session, which usually runs from October to September the following year.
How does Lancaster set overseas tuition fees?
Overseas fees, alongside all other sources of income, allow the University to maintain its abilities across the range of activities and services. Each year the University's Finance Committee consider recommendations for increases to fees proposed for all categories of student and this takes into account a range of factors including projected cost inflation for the University, comparisons against other high-quality institutions and external financial factors such as projected exchange rate movements.
What support is available towards tuition fees?
Lancaster University's priority is to support every student in making the most of their education. Many of our students each year will be entitled to bursaries or scholarships to help with the cost of fees and/or living expenses. You can find out more about financial support, studentships, and awards for postgraduate study on our website.