Course overview

This MSc Accounting and Finance programme combines advanced studies in accounting with finance. It has been developed as a collaboration between Henley’s Business Informatics Systems and Accounting (BISA) area and the International Capital Market Association (ICMA) Centre. It is best suited for students who are accounting graduates.

What it gives you

This programme is suited to anyone wishing to deepen their knowledge of accounting and finance, and who wants to enter a career in financial markets or advisory/financial services; either as an analyst, as a professional accountant, or as a preparation for further research at PhD level. The programme curriculum will provide a blend of theoretical-, research- and practice-led content. This will enable students to develop deeper conceptual and theoretically informed perspectives of accounting and financial practices with acknowledgment of the role of information systems in those processes.

 

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For more information please contact us by email at postgraduate@henley.ac.uk or by phone on +44 (0) 118 378 7593.

How we teach you

A holistic approach

Effective leadership requires more than first-class business acumen. It also requires a degree of self-awareness and sensitivity. Henley is renowned for its well-researched, professional approach to this aspect of business education and all our postgraduate programmes examine this aspect of leadership - helping to create emotionally intelligent graduates who can be fully effective in their chosen careers.

How you will learn

Henley Business School enjoys a strong reputation for the practical application of business ideas and concepts, underpinned by academic excellence and the strength of our research. We offer high-quality technical skills training as well as a deep understanding of the importance of personal development for leaders, a thread that runs through all of our Masters programmes.

Our postgraduate masters programmes feature a mix of core and optional modules, allowing you to tailor your degree towards your individual personal development needs and career ambitions. You will complete up to 10 taught modules during your programme, totalling 180 credits. One module usually equates to 20 credits or 10 hours of work per week. Your week will include lectures, tutorials, workshops and personal study, with each accounting for 25% of your time on average. This stimulating mix of lectures and interactive tutorials provides you with the opportunity to discuss and explore the subject material in depth with your lecturers and fellow students. You will be introduced to the latest thinking and research findings and be able to challenge some of those that have created it. You will also explore real-world issues and tackle current business challenges, and interact with guest lectures and speakers from industry, giving you the opportunity to test, extend and refine your knowledge and skills.

How we assess you

You will learn and be assessed through a wide variety of teaching methods which vary depending on your chosen Masters programme. These include online materials and multimedia content, guest lectures, individual and group assignments, case studies, field visits, dealing room simulations, presentations, applied projects, consultancy work and examinations.

On average examinations form around 70% of the assessed work with the remaining 30% coming from coursework, including a written dissertation or project depending on your chosen programme. The exam period falls between April and June in the summer term, with students taking an average of 5 or 6 exams. Graduation normally takes place in December.

Ongoing support

While postgraduate students are self-motivated and determined individuals, study at this level can present additional pressures which we take seriously. Lecturers are available to discuss the content of each module and your personal tutor can meet with you regularly to discuss any additional issues. Full-time support staff are also available to help with any questions or issues that may arise during your time at Henley

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For more information please contact us by email at postgraduate@henley.ac.uk or by phone on +44 (0) 118 378 7593.

Meet us

If you are unable to attend a postgraduate event please get in touch with our team.  We will be happy to speak to you by telephone, on Skype or through our Live Chat system (during UK office hours: 9 - 5 pm).

Our contact details are: postgraduate@henley.ac.uk or telephone: +44 (0) 118 378 7593.

Please see our full list of world fairs where you can meet a Henley representative. 

 

 

 

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For more information please contact us by email at postgraduate@henley.ac.uk or by phone on +44 (0) 118 378 7593.

How to apply

Apply for 2017 entry now

There are two different application processes: apply online and apply by post.

The quickest and easiest way to apply for Postgraduate study at Henley Business School, at the University of Reading is through the University’s online application service.

This allows you to complete your application information, attach electronic copies of your academic transcripts, certificates and other supporting information and also provides a facility for an email request to be sent to your referees enabling them to send your supporting references directly to us.

Apply online

Apply online now using the University of Reading's online application system.

Apply by post

If you are unable to apply online you can request a paper application form by telephoning +44(0) 118 378 5289 or writing to the Admissions Office, University of Reading, Miller Building, Whiteknights, Reading, RG6 6AB, UK.

When to apply

We operate a rolling admissions system and it is recommended that you apply early to secure your place. There is no specific deadline and applications will be considered until the programme is full. However, to allow time for us to process your application we recommend that you apply by the following dates for admission in October:

  • UK/EU applicants: by 1 August
  • International applicants: by 1 June

After you apply

You will receive a confirmation email when we receive your application form. Your application is then reviewed by a member of staff.  Successful applicants will receive a formal offer letter outlining any necessary entry cri­teria you will need to meet and you will be asked to confirm your acceptance of this offer.

A (non refundable) deposit of between £500 and £1,000 (depending on the programme you have applied for) is payable upon acceptance of an offer of a place. International applicants requiring a Certificate of Acceptance for Studies (CAS) for a visa will be sent the CAS details by email once all conditions of the offer have been met, and the relevant deposit has been paid.

Throughout the admissions process we will keep you updated with key information via email.   We also provide opportunities to interact with faculty and staff online.

You can find us on Facebook and keep up-to-date with news and events in the School or ask us a question. In addition, you can speak to a current student; our students and alumni are always happy to share their Henley experience.

Contact image

For more information please contact us by email at postgraduate@henley.ac.uk or by phone on +44 (0) 118 378 7593.

Contact image

For more information please contact us by email at postgraduate@henley.ac.uk or by phone on +44 (0) 118 378 7593.

Why Henley?

Duration: 12 months full-time

Starts: September

Assessment: Exams, applied project and individual and group assignments

Consistently maintain highest standards: Henley is in top 1% of business schools worldwide to hold accreditation from all three bodies in the UK, Europe and US

Excellent networking potential : 70,000 Henley alumni in 150 countries

High calibre students: always oversubscribed, 1,000 ambitious new Masters students join Henley each year

Award winning campus: beautiful, green, 134 hectares, with state of the art facilities

World-leading faculty: widely published, frequently asked for expert comment by media and to speak at events

Part of world top 1% ranked university: Reading has a global reputation for its learning experience and employability potential.

Course modules

Module descriptions are correct for modules taught in the academic year 2016/17. Optional module listings are indicative, and may be subject to change.

Module Name Credits

Modules

Compulsory modules:

 

20 [10 ECTS credits]

20 [10 ECTS credits]

10 [5 ECTS credits]

The module considers accounting as a social and institutional practice and focuses on wider social implication of financial reporting. Financial statements are a key source of information about the economic as well as overall activities of a firm. This course is intended to enhance the student's ability to relate economic events to financial statements and disclosures. It also seeks to aid in developing a coordinated set of concepts and principles to serve as a framework for analysing a wide variety of financial reporting issues. The course also explores the regulatory environment and political climate, and how these link with the development of existing and introduction of new standards and their underlying theories.

The module covers a number of theoretical perspectives such as deductive approaches, based on the notion of financial accounting as the measurement of economic income and value (including applications to current accounting controversies); economic approaches, regarding corporate financial reporting as an information system, including signalling and disclosure, and studying the demand for and supply of accounting information in a market setting and its stock market impact; and regulatory/institutional approaches, examining the nature of and case for and against the regulation of corporate financial reporting. Illustrations are provided on how these theories are used in standard setting and in valuation.

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20 [10 ECTS credits]

Management accounting can be studied as a heterogeneous collection of techniques used to measure and analyse the resources, processes and outputs of organisations. While it is important to understand the techniques, it is equally important to study how those techniques are used. A good understanding of costing techniques is assumed as the module explores beyond these to their application in practice and questions their use(s) and role(s) in organisations from a theoretically informed perspective.Much of the research in management accounting explores the role of the management accountant and the application of management accounting techniques in practice, through a variety of theoretical lenses. The module will draw on published case studies to analyse contemporary management accounting in practice

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20 [10 ECTS credits]

This module is designed to support students to acquire knowledge and skills in carrying out research in accounting and financial management. It covers the process of research from the formulation of a research proposal to dissemination of results. It guides students in the preparation and planning of research projects through the knowledge, skills and awareness of elements required in approaching research, including: literature review, research paradigms, methods and techniques, research design, writing a research proposal, project planning and management, ethical issues, and writing research reports.

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10 [5 ECTS credits]

This module is an introduction to accounting information systems. It initially covers fundamental concepts in information systems, information management and business-IT alignment in the context of accounting practices. In addition, it will explore how technologies underpin governance, risk and compliance activities within public firms. It builds on both theoretical concepts as well as established industry best practice including COSO’s Internal Control/ERM frameworks and ISACA’s CoBIT. As a practical component of the module, commercial accounting software will be introduced to study their features.

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20 [10 ECTS credits]

Either / Or

This module covers the development of corporate governance codes of practice in the UK and around the world. Students undertaking this course will gain a critical and holistic view of corporate governance, which will include an examination of some of the key contextual factors: boards of directors, institutional investors, transparency, sustainability reporting, ethical issues and responsible investment.

  • Theoretical frameworks for corporate governance, accountability and ethics
  • The consequences of corporate governance weaknesses and failure
  • The UK corporate governance framework: codes of practice and governance reviews
  • Internal mechanisms: board effectiveness, the role of non-executive directors, remuneration structures
  • External mechanisms, especially the role of institutional investors
  • International corporate governance: comparative analysis
  • Corporate governance and stakeholder accountability: holistic governance
  • Responsible investment
SEE FULL DESCRIPTION

20 [10 ECTS credits]

The Project enables students to undertake independent research on a specified topic relating to international accounting and/or financial management. With the guidance and support of a supervisor, students manage their own project, taking an aspect of theory and applying it to real companies. Previous projects, for example, have involved analysing published accounts of listed companies to investigate financial performance, dividend policy and the management of capital structure.

  • Define objectives of research
  • Research subject company
  • Synthesise relevant literature
  • Identify relevant data
  • Analyse data
  • Evaluate findings
SEE FULL DESCRIPTION

20 [10 ECTS credits]

Optional modules:

Students choosing MMM049 must choose two spring term optional modules to the value of 40 credits. 

Students choosing ACM001 must choose one spring term module to the value of 20 credits. 

Spring term modules:

20 [10 ECTS credits]

20 [10 ECTS credits]

20 [10 ECTS credits]

20 [10 ECTS credits]

20 [10 ECTS credits]

Summer term modules

Students choosing ACM001 must choose one summer term module to the value of 20 credits.

20 [10 ECTS credits]

Apply online

Fees and funding

  Home (UK/EU) Overseas (non EU)
2016 Entry £22,500 £22,500

 
Please note that a non-refundable deposit is payable when confirming your acceptance of an offer of a place. This is part of your tuition fee and will be deducted from the total amount upon enrolment.
Alumni of the University of Reading who undertake their next level of study at Henley Business School will receive a tuition fee discount of £1000.

 

Alumni of the University of Reading who undertake their next level of study at Henley Business School will receive a tuition fee discount of £1000.

There are a number of funding options, such as bank loans, available from external sources, including from the Santander branch on the Whiteknights campus. For more information on Santander loans, please contact Edward Willoughby on 05511486340 or email.

UK/European Union Postgraduate Loans

Loans of up to £10,000 are available to eligible students studying for postgraduate masters courses from the 2016-2017 Academic year. In general, students need to be domiciled in England.  EU students, and individuals falling within certain specified categories, may also be eligible.

You can apply for a loan through the UK Government website.  You can read more about the scheme on the Student Loans Company website or on these two UK Government sites: Introduction of loans for postgraduate students and Government response to the Consultation on Support for Postgraduate Study.

 


The University provides opportunities to students from a wide range of backgrounds, who have the desire and ability to succeed. There are a range of scholarships and bursaries on offer for postgraduate students. For further information see: Money matters, costs and budgets for postgraduate students.

Subject

Subject

Criteria

JOIN THE TOP 1%.
£1M MASTERS SCHOLARSHIP FUND NOW OPEN.

  • Are you one of the brightest and best in the world of business?
  • Then simply apply for a Masters Fund Scholarship at the internationally-renowned Henley Business School.
  • Chance to study at a top 1% internationally-recognised business school
  • 100 Scholarships available – up to full value of a Master’s Programme
  • Our highest prize: the Prestigious Dean’s Scholarship: 100% fees paid Meet and dine with Henley’s senior management team.
Finance

Finance

Duration

Duration

Closing date

Closing date


Entry requirements

Academic requirements

A good first or second class UK honours degree, or overseas equivalent, in accounting will usually be required.  Applicants with relevant experience or professional qualifications will also be considered.

Prior knowledge or experience of your chosen subject area is not required. We welcome applications from recent university graduates from a wide range of disciplines.

See country and region-specific information and entry requirements for International applicants or please contact us with any questions.

Not quite at the required level of English language proficiency for your chosen programme?

Applicants to Henley Business School, whose first language is not English, will be required to attain the International English Language Test Scores (IELTS), or equivalent acceptable qualification accepted by the University, as defined below, to enter a programme.

However, for students who successfully complete one of the Pre-sessional English Language courses run by our International Study and Language Institute, a half-band credit will be applied to their English language condition. (For example - programmes requiring IELTS 7.0 will accept students with a result of 6.5 in the end of Pre-sessional English course assessment providing the student has completed the relevant English course with us).

Applications to the International Study and Language Institute

Henley Business School requires a minimum IELTS score of 7.0 (with no element below 6.0) to enter all programmes except Information Management. Information Management programmes require an IELTS score of 6.5 (with no element below 5.5).

Students completing the above mentioned pre-sessional courses would be allowed entry onto their chosen programme with an overall score of 6.5 for all programmes except Information Management, which will generally accept 6.0.

Equivalent English Language Qualifications will also be accepted. If you require specific advice on your qualification please contact our admissions office directly either by e-mail at pgadmissions@reading.ac.uk or by telephone on +44 118 378 5289.

UK visa requirements

If you are not a national of the European Union (EU), it is likely that you will need to obtain a UK visa to live and study in the UK before you travel. See the UK Border Agency website. Contact the University's International Office with any questions: intoff@reading.ac.uk.

Apply online

Careers and accreditations

Students will enhance their employability in their related first-degree disciplines or in any general business management roles. The programme will also enhance career opportunities in more specialised accounting and finance fields. As the programme offers an international perspective, career prospects are likely to be international.  In addition, the programme will serve as a good basis for further academic development in accounting- and finance-related disciplines.

This programme gives students the opportunity to gain the Chartered Institute of Management Accountants (CIMA) certificate level papers C01 to C05

What our students say

Speak to a student

Our students and alumni are always keen to share their Henley experience, whether you are a prospective applicant or you've already applied for a place on a Masters programme at Henley Business School. For a unique insight into every aspect of life in the School and on campus, you can contact any of our students and alumni below, via email, Skype or social media.

When contacting one of our students for the first time, please introduce yourself and the Masters programme you have applied for before you outline any questions you might have.


Bakytnur Sagynova, Kazakhstan
MSc Accounting and Financial Management, 2016

Email: Email


Yernar Baktiyarov, Kazakhstan
MSc Accounting and Financial Management, 2016

Email: Email


Yidi Nan, China
Msc Accounting and Financial Management, 2017

Email: Email


Gyver Anim, Ghana
Msc Accounting and Financial Management, 2017


Skype: gyveranim@ymail.com

Email: Email


Xiaowen Chen (Anne), China
MSc Accounting and Financial Management, 2017

Email: Email

Student profiles


Shu-Hua Hung
MSc in Accounting and Financial Management, 2012

Study abroad was always my dream and I chose to study for my MSc in Accounting and Financial Management at Henley Business School due to its world-wide reputation and its well-deigned modules. Through this MSc degree, I hoped I could gain professional skills and international experience which could possibly help with my future career.

I am glad that I made this decision to study at Henley because it provided high quality faculties combed with a diversity of modules and a high quality of teaching. During my student life in Henley, I not only gained professional knowledge and skills as its highest teaching quality, but also got continuous support and care from teachers and staff. The beautiful campus and the perfect location near London also attracted me.

I would not hesitate to recommend this programme to anyone who wants to gain a basic understanding of accounting and management or to advance their professional knowledge and skills in these areas. The modules not only covered important knowledge for those who want to pursue an accounting or management role, but also provided some advanced viewpoints to challenge students. The teachers used very useful examples to help our understanding and inspired our independent and critical thinking. I found it helped me to learn the most I could during this one-year programme.

I truly enjoyed my life in Henley and sincerely appreciated the support and care that I got there, and I am sure you will as well.