Masters in Accounting and Finance

Our MSc. (Econ) Accounting and Finance provides you with the opportunity to study a wide range of core modules. For either the Specialist or Research Training pathway, you will also have the opportunity to study elective modules to complement your professional interests and career aspirations.

Research Training Pathway

The Research Training pathway provides you with core modules in: Advanced Financial Accounting, Advanced Finance, Empirical Methods in Finance, Research Skills and Personal Development, Principles of Research Design and Data Collection and Analysis.
There are no elective modules offered on the Research Training pathway. Instead, you will be required to write a research dissertation relating to a chosen area of interest.

Apply on-line for the MScEcon Accounting and Finance (Research Training)

Specialist Pathway

The specialist pathway provides you with core modules in: Advanced Financial Accounting, Advanced Finance, International Finance Policy and Financial Regulations and Empirical Methods in Finance.

Elective modules include: Marketing Principles, International Business Environment, Human Resource Management, International Finance for Economic Development, International Business: Opportunities and Risks, Competitive and Corporate Strategy, Developments in Management Accounting, Small Business Management and Case Study Research in Accounting and Finance.

You will also be required to write a Dissertation relating to a chosen area of interest.

Apply on-line for the MScEcon Accounting and Finance (Specialist)

 

Entry Requirements

A good degree in a related discipline.  Prospective students should ensure that they have arranged with referees for their references to be available as required.

Non-native English speakers are required to take a University recognised test of academic English language proficiency with required minimum proficiency levels equating to an IELTS score of 6.5 or a TOEFL score of 580 (paper based test) or 93 (internet based test). Applicants who have successfully undertaken a Bachelors degree in a UK University are exempt from this requirement.

More Information:

Accounting and Finance Masters

The Accounting and Finance Masters provides you with the opportunity to study a wide range of core and elective modules. Studying for either the Specialist or Research Training Accounting and Finance Masters, you will also have the opportunity to study elective modules to complement your professional interests and career aspirations.

Research Training Pathway

The Research Training pathway provides you with core modules in: Advanced Financial Accounting, Advanced Finance, Empirical Methods in Finance, Research Skills and Personal Development, Principles of Research Design and Data Collection and Analysis.

Specialist Pathway

The specialist pathway provides you with core modules in: Advanced Financial Accounting, Advanced Finance, International Finance Policy and Financial Regulations and Empirical Methods in Finance.


Overview

The Master’s in Accounting and Finance is a taught, one year, full-time (or two-year, part-time) programme. The course is divided into three 15 week semesters. In the first two semesters, contact time averages about 15 hours a week for the first ten to twelve weeks, leaving the last three to five weeks for examinations. The third semester is given over to the Dissertation which involves ongoing contact time with your tutor as you prepare a substantial piece of work (up to 15,000 words) on an Accounting and Finance topic.

In the first two semesters, you will take core modules in Advanced Financial Accounting, International Finance Policy and Advanced Empirical Methods in Finance. In addition, there are three core modules specifically designed to introduce you tothe techniques of advanced research in the field: Principles of Research Design; Qualitative Data Collection and Analysis; and Advanced Quantitative Data Analysis Techniques. The Dissertation Module in the third semester is one third of the whole degree, and will be on an Accounting and Finance topic which you and your tutor agree. It will usually be chosen in relation to the area which you may wish to research later in your PhD.

The degree aims first to set a sound knowledge base in advanced aspects of Accounting and Finance, building on the knowledge and skills you bring from your first degree and, if you are already embarked on your career, your work experience so far. In addition to this core knowledge, we aim to provide you with a set of advanced skills in the design, execution and analysis of research projects in Accounting and Finance.

Fact File

Duration:

1 year full-time, September to September, in three semesters:
September to January; January to June; June to September.
The degree can also be studied part-time over two years.
Contact: About 15 hours a week in the first two semesters
In Semester 3, in you will plan and organise the rest of your contact time with your tutor, according to the progress and requirements of your Dissertation.
Assessment: The subject-specific modules in Semesters 1+2 are normally assessed about 70% by examination and 30% by continuous assessment of essays, reports and presentations. The Research Training Modules are assessed 100% by essay and assignment. The Dissertation Module in Semester 3 is assessed by one written piece of 12-15,000 words.
Entry Requirements: A good Honours Degree in Accounting and Finance, Economics or related discipline
Satisfactory references from your University
English Language Requirements:

If you have a Bachelor’s degree from a UK University, you do not need to take an English proficiency test.

Non-native English speakers who do not meet this requirement must take a University-recognised test of academic English language proficiency. For further information please see our English Language requirements page.

Course Fees: Please see the tuition fee pages for current tuition fees. Please note that all fees are subject to an annual increase.

At a Glance (N194s)

Year 1 Core (80 Credits)

Semester 1
ACM1020

Advanced Financial Accounting

ACM2000

Advanced Finance

ECM1000

Empirical Methods In Finance

ECM4520

International Financial Regulation

Semester 2
ACM2020

Advanced Finance

ECM1020

Empirical Methods In Finance

Year 1 Electives

40 credits to be taken from the following list during academic year in consultation with the Programme Director

Semester 1
ECM3020

Emerging Financial Markets

Semester 2
ACM2520

Modern Banking: Theory And Practice

MMM2420

Political Risk And Corporate Strategy

Further scheme details

Careers

Qualification: MSc Econ in Accounting and International Finance

This degree will suit you...

  • if your first degree is in Accounting, Finance, Economics or a related discipline;
  • whether or not you already have some business experience – some of our students do, some don’t;
  • if you are especially interested in a career in further research and a Doctoral degree;
  • if you have the focus, aspiration and commitment to succeed.

Employability

The Aberystwyth Master’s in Accounting and Finance (Research Training) is designed to enhance your capability as a researcher, writer, and potential University teacher, in the field of Accounting and Finance. Successful completion of the degree will give you the ideal qualification to pursue that path, here with us in Aberystwyth or at another University anywhere in the world. However, the hugely enhanced knowledge, abilities and skills with which you will graduate will be applicable across many careers in Accounting and Finance. Prospective employers increasingly seek excellently educated staff qualified with higher degrees.

This degree offers an outstanding qualification for those just beginning a career in Accounting and Finance; but as well as those who are recent graduates, many of our students have come to what they feel are significant turning points in their careers. Whatever stage you are at, by completing the Aberystwyth Master’s in Accounting and Finance, you will have broadened your horizons, gaining knowledge, skills and business contacts which will enable you to consider further career moves and new opportunities in the medium and longer term. It is quite possible that your career will take an unexpected, more fulfilling or more lucrative direction because of what you learn in Aberystwyth - not just about Accounting and Finance, but about yourself, your competencies and your confidence.

Key Skills and Competencies

Leadership in Accounting and Finance Research
The need for a thorough understanding of accurate valuation, responsible reporting, and effective regulation, will be paramount as the global economy recovers. As a graduate of the Aberystwyth Master’s in Accounting and Finance, you will be highly qualified to work as a research professional in this vital area.

You will graduate with a sound initial training in the skills of Advanced Research, having learned how to execute, analyse and evaluate research according to a number of different methodologies. The Research Training Modules will equip you with a thorough understanding of the uses of the nature and use of qualitative data, including the use of focus groups, participant observation, semi-structured interviewing, archival and documentary analysis, content and discourse analysis, as well as a working knowledge of the now-essential IT tools of the trade, such as NVIVO software.

If you wish to take those skills directly on to a research degree, to work towards publication and higher-level teaching, you will be ideally qualified to do so. Whether you take that route or not, your Research skills will also equip you for many other roles in Research and Consultancy in the finance world. Businesses, as well as statutory and voluntary organisations of all sizes, need expert help in relation to Accounting and Finance, so that they can be assured of their standards of financial control, reporting and regulatory compliance.

Skills in Advanced Finance
As a graduate of this Master's in Accounting and Finance, you will also be equipped with an excellent range of advanced skills specific to the Finance field, including: asset pricing, the state preference framework and option pricing, the evidence base for rational and behavioural perspectives, current issues in financial markets and financial institutions, theories of financial intermediation, and capital adequacy and balance sheet management.

Contacts

For further information about the course or the Department, please contact the School of Management and Business

Tel: 01970 622523

Fax: 01970 622524

Email: miminfo@aber.ac.uk

School of Management and Business

Other important information:

Apply

You can apply online for this course using UKPASS.

Click this link to Apply on-line for MScEcon in Accounting and Finance

Make sure you understand what you will need to do in order to make a successul application by reading through the steps on this link.