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Masters in Accounting

Masters in Accounting and Financial Management

This Masters programme is designed to help you learn how businesses use financial information for decision making purposes.

At a glance

  • Benefit from professional exam exemptions from the Chartered Institute of Management Accounting (CIMA) Accreditation
  • Learn to evaluate alternative theories and methodologies and make judgements
  • Work on an independent research project which applies to real companies
  • Provides an analytical and integrated study of accounting and financial management
  • Study developments in current international practice
Level
Masters
Subject area(s)
Accounting
Award
MSc
Duration
12 months
Attendance
Full-time
Programme Director
Sue Blackett001 75efq6q4m
Sue Blackett

This Masters course provides an analytical and integrated study of accounting and financial management. It combines a conceptual and theoretical approach, with emphasis on applications to developments from current international practice. This postgraduate course covers issues related to international strategic management, management decision-making and performance evaluation. You can study modules in business finance, global financial reporting plus ethics and corporate governance. You will learn to evaluate alternative theories and methodologies and to make judgements on how they apply to complex practical scenarios.

Compulsory modules Credits

This module aims to introduce students to the nature of business finance and its role in business decision-making and provide a suitable foundation for advanced study.

20 [10 ECTS credits]

What am I going to do when my course ends, and how am I going to achieve it? This module has been designed to help Accounting, Informatics and Business Management students answer those two questions, and empower them to take the actions required. It’s a suite of sessions that pays close attention to the general pathways Business Management, Accounting and Informatics students tend to take, and their aspirations as expressed during pre-sessional career activities & induction surveys. Students will choose this the mix of custom-made sessions that best suit their stage in life and supplement them with the open careers programmes offered at the University, the online content on the Henley Careers Blackboard site and 1-2-1 careers consultations.

0 [0 ECTS credits]

This module uses annual reports and accounts, company web sites and share price data to study aspects of business strategy over time; company performance and executive remuneration; and financial performance and valuation. It involves group work, presentations and discussions, as students are asked to analyse a selection of materials, in order to apply the knowledge developed across the programme. Assessment is individual and based on case studies.

20 [10 ECTS credits]

This module provides students with a critical understanding of contemporary issues in corporate governance and accountability with a focus on the need for, and in some cases, apparent lack of, ethical corporate conduct.

20 [10 ECTS credits]

This module aims to develop students’ critical knowledge and understanding of decision-useful investor-related financial reporting via a consideration of the principles and methods that underlie the preparation and presentation of the main financial statements in an international context. It also introduces students to the regulatory and institutional infrastructure of the financial reporting.

20 [10 ECTS credits]

This module aims to develop further students’ critical knowledge and understanding of decision-useful stakeholder-related financial reporting by considering further examples of the financial reporting principles and methods that underlie the preparation of financial reports in an international context. It also aims to place accounting in a broader social and institutional context.

20 [10 ECTS credits]

This module aims to introduce students to the core concepts and models underlying contemporary strategic management, their theoretical and empirical foundations, their limitations, the arguments surrounding them and their practical application to real issues facing real companies. This module provides students with an understanding of the conceptual and analytical tools of strategic management and economics.

  • Theories, frameworks and introduction
  • Internal resources and competencies of firms
  • External environment in which firms operate
  • The process of internationalisation
  • Globalisation and regional integration
  • Collaborative behaviour and strategic alliances
  • Integration/responsiveness framework and strategy

20 [10 ECTS credits]

This module introduces the theory and practice of management accounting in relation to organisational decision-making, planning, control and performance evaluation. Please note that qualitative and quantitative models will be used in the module. Therefore, basic numeric skills are essential.

20 [10 ECTS credits]
To strengthen students’ ability to make best use of the learning opportunities during the MSc degree course. To provide students with an understanding of what is required to perform well in essays, dissertations, report writing and examinations at Henley Business School. To provide students with an awareness of the appropriate use of methodology, theory, data, literature reviews and original research in a Masters dissertation/project.

0 [0 ECTS credits]

Dissertation/Project

Optional modules Credits

This module aims to provide an opportunity for students in PG programmes to develop relevant skills to manage an independent research project, in terms of critical evaluation of existing literature, and appropriate collection and analysis of accounting and finance information. The completion of the project will be guided and supported by supervisors with relevant expertise in accounting and financial management.

20 [10 ECTS credits]

Students undertaking this module will gain an awareness of the appropriate use of methodology, theory, data, literature review and original research that is required for a Masters dissertation. Students will thus be equipped with the necessary skills that will enable them to conduct their own piece of original research, analyse the results and present their findings.

  • The nature and practice of research
  • The literature review process and the composition of a literature review
  • The nature and role of methodology in management research
  • The role and application of theory in management research
  • Quantitative and qualitative data sources
  • Data analysis and writing up research findings
40 [20 ECTS credits]

Optional modules

Students choosing MMM049 must choose one optional modules to the value of 20 credits. For students choosing MMM090 Dissertation, a project to dissertation form must be completed and no optional modules are available.

Optional modules Credits

Small and medium-sized enterprises (SMEs) represent a large share of our economies and a leading force in economic development. This module focuses on such enterprises and explores the distinctive features of management in the SME environment. An important component of this module is the preparation of a Business Plan.

20 [10 ECTS credits]

This module examines organisations that are engaged in creative or cultural activities. Students are required to define the parameters of the creative or cultural industries; to identify the management challenges faced by organisations in these sectors; and examine strategies for addressing them.

20 [10 ECTS credits]
This module aims to examine international business strategy and financial performance of the multinational enterprise (MNE). It will provide students with an understanding of what globalisation and regionalisation mean for today’s managers, the best way to extend their knowledge of how MNEs function, how to turn the messages from the academic literature into effective business strategies within an MNE and how to measure the financial performance of MNEs.
  • Conceptual foundation of international business strategy: seven concepts and one unifying framework
  • Implications of international business strategy for MNE performance; review of financial analysis; practical applications
  • The critical role of firm-specific advantages (FSAs)
  • The nature of home country specific advantages and the problem with host country specific advantages
  • Combining firm-specific advantages and location-specific advantages
  • Introduction to international financial management in MNEs
  • Dynamics of entry-mode strategies: foreign distributors, strategic alliance, mergers and acquisitions

20 [10 ECTS credits]

The module or course content descriptions set out on this page are correct for those being taught in the current academic year. Modules or course content marked as optional are indicative and may be subject to change.

A holistic approach

Effective leadership requires more than first-class business acumen, it also requires a degree of self-awareness and sensitivity. Our Masters programmes offer you a unique practice-centred approach to teaching equipping you with the tools to become a compelling leader. This approach creates emotionally intelligent graduates who can be fully effective in their chosen careers.

How you will learn

Henley has a strong reputation for the practical application of business ideas and concepts. We are 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. This is a thread that is woven through all of our Masters programmes.

Our Masters programmes feature a mix of core and optional modules, tailoring your degree towards your 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 provides you with the opportunity to discuss and explore the material in depth with your lecturers and fellow students.

You will be introduced to the latest thinking and research findings then have the opportunity to challenge those that have created it. You will also explore real-world issues, tackle current business challenges, and interact with guest lectures and speakers from industry. This gives you the opportunity to test, extend and refine your knowledge and skills with confidence.

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 between 50 - 70% of the assessed work. The remaining comes from coursework, in class tests, written dissertation or project depending on your chosen programme.

Ongoing support

While Masters 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 academic tutor can meet with you regularly. Support staff are here to help with anything that may arise during your time at Henley.

How can Henley Careers & Professional Development work with you?

We have an award-winning careers team that will support you through your postgraduate studies and four years after graduation.

Here is how Henley Careers & Professional Development can help you:

  • Careers Consultant appointments: Our Careers Consultant are here to help and support you with any careers related concern that you might have. Whether it’s CV advice, practicing for an interview, providing feedback if applications aren't successful or support planning your career goals. We are here to help empower you to progress in your career.
  • Events: Henley Careers & Professional Development organise numerous events aimed to help you build your confidence, develop the skills employers are looking for. Additionally, network with employers and expand your industry knowledge.
  • Alumni support: You can continue to book one-to-one appointments with your Careers Consultant and use our online resources. For up to four years after graduating we’re here to help and support in your career.
  • Career Smart: Get a head start in securing a graduate job by taking part in our online course, Career Smart. You can expect to learn about the graduate recruitment cycle in the UK. As well as where to look and how to start applying to jobs, and the different roles available to you.

For more information  please see our Careers page.

Continuing your career

This course will help to enhance your employability in a range of careers related to your first-degree discipline, whether you are seeking a general business role or a more specialised accounting and finance role. The global perspective of this course can help enhance your career prospects in international roles and overseas markets. In addition, the programme will serve as a good basis if you wish to further your academic development in accounting and finance-related disciplines.

Accreditation information

On this programme you will be granted exemptions from four Chartered Institute of Management Accountants (CIMA) professional exams: BA1 - BA4.

Our students and alumni are always keen to share their Henley experience. Whether you are a prospective applicant or already applied to a Masters programme at Henley Business School. You can ask questions to a current student by clicking the “Chat to our students” button below.

When contacting one of our students, please introduce yourself and the Masters programme you have applied for.

Speak to a current student

Contact us

If you have any questions, please contact us by email at postgraduate@henley.ac.uk or by phone on +44 (0)118 378 7593.

An image of Xiaochen Guo

The programme is in line with the trend of future property market development. You are able to benefit from top educational and industry resources which is a rare opportunity to understand the real estate financial market.

An image of Olga Maria Vrochopoulou

The program was very interesting and useful for building a professional career in human resources. The professors were creating activities to better understand the theories and this was a small simulation of a professional environment.

Olga Maria Vrochopoulou MSc International Human Resource Management Masters in International Human Resource Management

I feel honoured to have been taught by OBE Awarded professors and lecturers that actively publish about current issues in Accountancy in well-known journals.

Arjana Cupi MSc Accounting and Financial Management