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Accounting and Finance

MSc/PgDip/PgCert

School - Salford Business School

Subject area - International Finance, Accounting and Economics

Start Date(s): September; January; March; June; November; July

Duration:

MSc (one year full-time or two years part-time)
PgDip (eight months full-time or two years part-time)
PgCert (four months full-time or one year part-time)

Fees:

Part-time - £1,425 per 30 credit module

UK - £8,550

International - £14,400

In Brief:

  • Excellent career potential studying in a region and a city acknowledged to be a leading centre for digital business
  • A programme that equips you with the necessary theory and skills to work successfully in professional accountancy services and corporate sectors
  • Real-world projects provide an industry-focussed learning experience enhancing your practical skills and experience
  • Part-time study option
  • Work/industrial placement opportunity
  • International students can apply

Course Summary

The aim of this course is to provide you with the advanced level skills and knowledge required by personnel in Accounting, Finance, and Corporate Financial Industry sectors.

You will gain valuable insight into accounting processes, both from in-business and external reporting perspectives. You will also learn about the relevance of accountancy to company valuation, and gain a solid understanding of the fundamentals of financial management.

This programme tracks the ACCA and the CFA syllabi.

The course also offers a distance learning option through our official partner Robert Kennedy College, Zurich, Switzerland.

Awards and Accreditation

Course Details

The programme is block delivered and there are six entry points per year. Students will take the modules below in a sequence dependent on their start date.

The aim of this course is to provide you with the advanced level skills and knowledge required by personnel in the accounting, finance, and corporate financial industry sectors.  

On completion of the course you will be able to take advantage of opportunities in either managerial or consulting roles in the corporate sector and finance industries.

You will be equipped with the advanced level skills and understanding necessary to effectively and efficiently perform tasks relevant to the corporations or organisations involved with accounting and finance.  

You will be able to work effectively in teams and independently, to evaluate critically, think creatively and communicate effectively with respect to issues in different areas of accounting and finance; and to recognise good practice in the analysis, planning and management of accounting policies and corporate financial strategies.  

You also develop an advanced level of understanding of research methods and their application to a wide range of accounting reporting, accounting policies and corporate financial decisions.

Course Structure

The course is delivered in four blocks of intensive study periods. For each block, you study a single module for a 6-week period. Face-to-face teaching is delivered on campus for 6 hours each week. In addition, you will attend the taught element of the Business Innovation Programme each Wednesday afternoon during the 6-week blocks.  During this period, you will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.

Part time students study alternate modules (one module on, one module off) to complete their degree in two years.

For the final third of your studies, you will work on your Business Innovation Project, working with your own or another organisation on a live brief.

Full-time  

Risk Portfolio and Investment Analysis aims to help you understand and apply the general principles behind modern risk management approaches. In this module, you will devise strategies to use modern portfolio management approaches and critically evaluate the limitations of modern statistical techniques in making financial decisions.
In this module, you will critically assess modern corporate governance in light of the recent financial crisis and review the ethical issues in running modern firms. You will also critically assess modern capital structure theory, the risks and opportunities involved in mergers and acquisitions and the limitations and applications of statistical methods in finance.

Semester 2  

Through Financial Management Accounting you will assess the purpose and context of financial reporting and gain an appreciation of how they interact with key stakeholders and the external environment. You will learn to prepare basic and consolidated financial statements with the aim of allowing organisations to critically assess their performance.
This module involves the evaluation of the theoretical basis of modern equity valuation and the concepts behind financial reporting. You will examine the impact of market and accounting based factors on the performance of firm equity value and devise strategies to minimise the risks associated with equity valuation.

SEMESTER 3  

Business Innovation Project (BIP)

This module accounts for the final 60 credits of your degree.  You will have the opportunity to select between a live project, placement, internship or dissertation, all of which are designed to accommodate your career aspirations and enhance your professional experience.

You will be allocated a supervisor who will mentor you through the BIP project.  You will also have the opportunity to engage with the Student Hub and Student Life. Student Life can help with pre project / placement support for students and opportunities for those going on placement to participate in training workshops to ensure best practice. The Student Hub can helps you to find internships, placements and live projects for your Business Innovation Project.

This is a group project (teams of 2 to 5 students) examining an organisational problem or opportunity. Students work on sizeable commercial projects, which are broken down by the team.  Live projects reflect the commercial reality of delivering complex commercial projects through the combined efforts of a committed team.  You will produce a group presentation and executive report, coupled with an individual 8-10,000 word report for assessment.
This involves working on a company project. You will spend a minimum of three days per week on the project brief with a total of 300 hours being available to complete the project. You will normally be based in the University but will spend significant time in the organisation.  The majority of internships are voluntary unpaid positions, but you will gain significant real-world experience. In many cases students are supported in finding and securing internships with the support of the School’s Employability Hub.  You will produce a 30-40 minute commercial presentation and 10,000 word professional dissertation for assessment.
The placement provides you with the opportunity to gain work experience to support your academic learning.  You will work full time with your employer for four to six months on paid work experience implementing a commercial project.  You will produce a portfolio of work, visitor assessment, presentation and interim report, culminating in a work related dissertation of 10,000 words.                
  • Placements can be undertaken in the UK or overseas.          
  • You can undertake placements with their sponsor or employing organisation.          
  • For international students placements are 6 months maximum due to visa restrictions.          
  • For home/EU students, placements can possibly be extended to 12 months.          
  • You will be paid a salary for the duration of your placement.          
An advanced-level research pathway based on a real-world business problem.  You will create an initial research proposal (worth 10% of your marks) then produce a 12,000 – 15,000 dissertation for assessment.

Entry Requirements

Normally a minimum 2:2 honours degree or equivalent or successful completion of the Graduate Certificate International Management.  

A wide range of professional qualifications are also accepted either in partial or complete fulfilment of entry requirements.  

Where a student has gained a recognised Honours degree but does not meet the normal entry qualification requirement, they may still be considered for entry if they can demonstrate relevant work experience of a minimum two years duration post study and acceptable level of responsibility.

Accreditation of Prior Learning (APL)

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).

English Language Requirements

Normally IELTS 6.5 with no individual element below 5.5, or equivalent recognised Secure English Language Test, (SELT).  

If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University. Please search for English in Course Finder.

Suitable For

This programme is ideally designed for graduates with an academic background in the following subjects: Financial and management accounting; economics; finance; management, or business studies. Alternatively, sufficient and suitable work experience will also be considered.

Applicant profile

Graduates generally join the programme with a background in accounting, finance, economics or business and plan to work in either the corporate sector or financial industries.

Fees 2018-19

Type of StudyFee
Full-time£8,550
Part-time£1,425 per 30 credit module
Full-time International£14,400

Additional costs

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Scholarships and Bursaries

For more information please see our funding section

Teaching

Face to face teaching is delivered on campus for two half days each week. In addition, you will attend the taught element of the Business Innovation Programme each Wednesday afternoon during the 6 week blocks, with independent study completed in your own time through the University’s virtual learning environment, Blackboard.  Individual student timetables will be provided during induction week.

Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.

Assessment

Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.

Employability

This qualification will equip you for a career in finance, management consulting, industry or government. It will also prepare you for academic research opportunities in accounting and finance. Recent Salford Business School graduates have gained employment with organisations including Ernst & Young, British Airways, BMW, the NHS, BUPA and KPMG.

Career Prospects

Many of our graduates go on to join leading accountancy firms, banking and finance industries, both small and large corporate sector businesses, and the academic community.

This programme is the perfect springboard to employment in the just some of the following sectors:

  • Assurance and audit
  • Management consultancy
  • Financial accounting
  • Forensic accounting
  • Taxation
  • Corporate finance
  • Corporate insolvency and recovery

Links with Industry

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need for industry-focussed education is equally relevant today.

We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.

The curriculum across our postgraduate courses balances academic teaching and professional experience.  Our industry partners give us their input into the curriculum so that the teaching reflects industry’s current and future needs and you develop the skills that employers want.  The Business Innovation Project, which forms the final third of your study, is designed to give you real-world experience so you can apply the theory you have learned.

Further Study

Find out more information about research opportunities here.

The different options offered by Salford University to its postgraduate students (work experience instead of a traditional dissertation) was what undoubtedly attracted me to study for my Master's degree at Salford. With my dedication, motivation and constant meetings with the University’s Employability Hub I was able to secure a 3-month internship of which I thoroughly enjoyed.

Ganina Flora Youwo, MSc Accounting and Finance, 2016

Facilities

Salford Business School is located at the heart of the University’s Peel campus in the newly refurbished Lady Hale Building, and the Chapman Building, offering state-of-the-art facilities for the Business School’s student learning community and just minutes from Manchester city centre. Chapman is a stylish modern space with six lecture theatres equipped with the very latest technology and large screen displays, a series of communal learning and breakout spaces, plus a Fairtrade café with panoramic views across the campus.

Lady Hale is the home to all dedicated business school student support including the school office, an employability hub, a base for the Business School society, and several open study spaces.

All University of Salford students also have access to the MediaCityUK campus including its study facilities.  MediaCityUK is home to major BBC and ITV departments and over 80 businesses across the creative and digital sectors.  It is recognised as one of the most innovative developments in Britain and is a vibrant place in which to live, work, socialise and study.

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