Postgraduate Course

MSc Accounting

MSc Accounting

Overview

The details
Accounting
October 2018
Full-time
1 year
Colchester Campus

How is the role and public perception of accounting changing in a world still coping with the effects of the financial crash?

Accounting at Essex goes well beyond the preparation of financial statements. We teach you to be accountable, act ethically and make financial decisions that positively impact both organisations and society.

This course will advance your knowledge of accounting in both depth and scope. You are taught at Essex Business School, champions of ethical management and sustainable business and ranked in the UK’s top 25 in the UK for research quality (The Times and The Sunday Times Good University Guide 2018). We believe accounting information is the foundation for successful decision-making and further develop your practical accounting skills and theoretical knowledge so you can make a positive impact in the workplace.

You explore the changing role and perception of accounting within shifting global markets. We take a critical view of both financial reporting and management accounting, so that you can be perfectly placed to lead financial decision-making in your chosen industry. You work with students and staff from across the globe, preparing you to work in international markets; our Masters students currently join us from more than 40 countries.

MSc Accounting can also be part-time and you may be eligible for a number of scholarships and discounts. Postgraduate loans for Masters courses are now available from the Student Loans Company, worth up to £10,000, for students from the UK and EU.

Professional accreditation

Completion of this course gives you accreditation exemptions from The Association of Chartered Certified Accountants (ACCA) papers F1-F4.

This means that you are able to gain a professional qualification by taking fewer exams when you graduate, giving your career a head start.

Why we're great.
  • We are in the UK’s top 25 in the UK for research quality (The Times and The Sunday Times Good University Guide 2018)
  • We are home to world-renowned accounting academics
  • Our Colchester Campus has the UK’s first zero-carbon business school building

Our expert staff

Our expert staff are at the forefront of debate and research surrounding accounting issues.

Essex Business School is home to industry renowned figures, such as Emeritus Professor Prem Sikka. Prem is a leading thinker on issues surrounding tax avoidance, with his work often quoted in The Guardian, The Huffington Post and The Independent.

Our academics are members of three internationally respected research centres:

By learning from accounting experts, you can experience an education at the cutting edge of the discipline. You hear the latest thinking on issues impacting the business world today.

We’re at the forefront of research in:

  • business ethics and corporate social responsibility
  • organisation studies
  • leadership and strategy
  • finance and banking
  • risk management
  • international management

As a top five UK university for social sciences (REF, 2014), our work is informed by a broad range of social science theories and concepts. Much of our research addresses the important issues currently being faced by commercial businesses, public sector bodies and not-for-profit organisations. At Essex Business School, you study at an institution that aims to make a direct impact on the world you live in.

Specialist facilities

This course is based at our Colchester Campus, where you benefit from excellent facilities in the UK’s first zero carbon business school building.

Our building represents our commitment to sustainability in business. Our beautiful winter garden is not only a tranquil place for group working and networking, but our Eden-style dome gives the building its own micro-climate.

You benefit from a cutting-edge working environment, complete with:

  • a virtual trading floor with Bloomberg Financial Market Labs, providing access to financial data used by professionals around the world
  • modern lecture theatres
  • networking opportunities with visiting businesses
  • Bonds café, serving a variety of refreshments
  • the EBS Learning team, who can provide study skills support to help you excel academically

Your future

Our courses are designed to foster the business leaders of the future who, through creativity, innovation and ethical awareness, can meet the many challenges that the international business world continues to present. As a result, 80% of Essex Business School postgraduates were in professional employment or postgraduate study within six months of graduating (DLHE 2017).

Many of our students enjoy roles in areas such as financial analysis, management, public administration and accountancy.

They progress to work for high-profile organisations and innovative SMEs such as:

  • KPMG
  • Grant Thornton LLP
  • Ministry of Taxes of the Republic of Azerbaijan
  • ERS Insurance Group
  • Groupon
  • Credit Data Research, an SME finance provider
  • Coast Digital, an award-winning marketing agency

We’re also proud of our student entrepreneurs, including international business incubator 0100Ventures and entrepreneurship website SlovakSTARTUP.

The School’s dedicated employability team work closely with the University’s careers advice services to help you to find work experience, internships, placements, and voluntary opportunities. There is also access to employer talks on campus.

“Essex Business School gave me the confidence to question and express my opinions. My career has gone from strength to strength and I’m now Financial Planning and Analysis Accountant at ERS Insurance Group. I focus on the Lloyd’s Syndicate 218’s budget and forecast process and am now a qualified Chartered Certified Accountant."

Ali Kutchuk - MSc Accounting graduate.

Entry requirements

UK entry requirements

A 2:2 degree in Accounting or related subject.

Degree must include at least one module in Financial Accounting from the list below within the last two years of degree study:

Accounting I, Accounting II, Advanced Accounting, Company Accounts, Company Financial Statements, Company Financial Statement Analysis, Corporate Accounting, Corporate Reporting, Financial Reporting, Intermediate Accounting, Issues in Financial Accounting/Reporting

Degree must also include at least one module in Management Accounting from the list below within the last two years of degree study:

Budgeting, Capital Investment Decisions, Cost Accounting, Financial Management, Financial/Managerial Decision Making, Issues in Managerial Accounting, Management Control Systems, Managerial Accounting, Strategic Management Accounting

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

Sorry, the entry requirements for the country that you have selected are not available here.Please select your country page where you'll find this information.

English language requirements

If English is not your first language, we require IELTS 6.5 overall with a minimum component score of 5.5

Additional Notes

The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.

Structure

Example structure

Most of our courses combine compulsory and optional modules, giving you freedom to pursue your own interests. All of the modules listed below provide an example of what is on offer from the current academic year. Our Programme Specification provides further details of the course structure for the current academic year.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.

Dissertation

Your dissertation is the culmination of your Masters programme, where you apply the knowledge gained on your course to produce an extended independent piece of work. You generate an original idea, analyse literature and current knowledge and produce a coherent argument that shows your ability to relate theory to practice. Your dissertation will help you develop vital skills for the workplace, as well as the ability to analyse real problems through an academic lens. You are assigned a supervisor for the duration of your project.

View Dissertation on our Module Directory

Research Methods in Accounting

This module equips you with a critical understanding of research methods and methodologies in the field of accounting. You develop the skills needed to explore issues in accounting and identify, choose and implement research designs and strategies.

View Research Methods in Accounting on our Module Directory

Issues in Financial Reporting

Demonstrate a critical understanding of major current issues in financial accounting and reporting. You develop an awareness of financial reporting theory, the problematic nature of accounting measurements and disclosures, corporate disclosure regulation, the implications of market efficiency for financial reporting, and the potential role of accounting information in social reporting and collective bargaining.

View Issues in Financial Reporting on our Module Directory

Management Accounting

Management accounting provides information required for decision-making, planning and control and cost management. You examine a range of contemporary issues in management accounting such as activity-based costing, strategic management accounting and other management accounting issues. You also evaluate contemporary approaches of management control theories to understand the current practices of management accounting locally and globally.

View Management Accounting on our Module Directory

Audit Theory (optional)

Explore key issues in contemporary auditing through evaluation of recent published research in the principal auditing and accounting journals. You also consider the major policy issues facing the auditing profession, and suggest changes and reforms that might be beneficial both to the profession and to those affected by the activities of auditors.

View Audit Theory (optional) on our Module Directory

International Management Accounting (optional)

Analyse the changing practices and theorization of management accounting and control in emerging and less-developed countries in the context of environmental change, institutional and socio-economic factors. You examine traditional management control systems in the context of different cultural, political, and socio-economic contexts.

View International Management Accounting (optional) on our Module Directory

International Financial Reporting (optional)

Develop a critical understanding of current issues in international financial reporting. You analyse the development of national accounting systems, the role of the International Accounting Standards Board (IASB) and its impact on financial reporting internationally, and the particular financial reporting needs of developing countries.

View International Financial Reporting (optional) on our Module Directory

Cases in Corporate Governance (optional)

This module gives you a critical understanding of current issues in corporate governance theory, regulation and practice at both national and international levels. You undertake a critical review of agency, stakeholder and other corporate governance related theories and explore the codes and regulations governing corporate and board behaviour. Examples include the UK’s Combined Code, Operating and Financial Review and the US Sarbanes-Oxley Act. You examine real-world case studies and develop a deeper understanding of the meaning of ‘good’ governance.

View Cases in Corporate Governance (optional) on our Module Directory

Corporate Reporting and Analysis (optional)

This module introduces you to financial reporting, governance, regulation, and analysis of financial statements. You also gain an understanding of the role of published financial statements in aiding users in their decision-making.

View Corporate Reporting and Analysis (optional) on our Module Directory

Financial Decision Making (optional)

This module introduces you to management accounting and management control principles, investment appraisal and financial control principles, and market and managerial behaviours. You examine a range of issues that relate to financial and managerial decision-making, including incremental costing, budgeting, activity-based costing, capital structure and long term financing, and financial analysis of commercial projects.

View Financial Decision Making (optional) on our Module Directory

Teaching

  • Tailor the content of your course to more closely fit your interests and aspirations
  • Courses focus on practical applications and links with industry
  • We run an open seminar series

Assessment

  • Regular assessment is by coursework, presentations, case studies, group work, tests and examinations

Dissertation

  • You submit a 15,000 word dissertation.

Fees and funding

Home/EU fee

£10,710

International fee

£16,750

Fees will increase for each academic year of study.

What's next

Open Days

We hold Open Days for all our applicants throughout the year. Our Colchester Campus events are a great way to find out more about studying at Essex, and give you the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing tours@essex.ac.uk and we’ll arrange an individual campus tour for you.

2018 Open Days (Colchester Campus)

  • Saturday, September 15, 2018
  • Saturday, October 27, 2018

Applying

You can apply for our postgraduate courses online. You’ll need to provide us with your academic qualifications, as well as supporting documents such as transcripts, English language qualifications and certificates. You can find a list of necessary documents online, but please note we won’t be able to process your application until we have everything we need.

There is no application deadline but we recommend that you apply before 1 July for our taught courses starting in October. We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

Colchester Campus

Visit Colchester Campus

We want you to throw yourself in at the deep end, soak up life and make the most of those special Essex moments.

Home to over 13,000 students from more than 130 countries, our Colchester Campus is the largest of our three sites, making us one of the most internationally diverse campuses on the planet - we like to think of ourselves as the world in one place.

 

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tour allows you to explore the Colchester Campus from the comfort of your home. Check out our accommodation options, facilities and social spaces.

Exhibitions

Our staff travel the world to speak to people about the courses on offer at Essex. Take a look at our list of exhibition dates to see if we’ll be near you in the future.

The University makes every effort to ensure that this information on its course finder is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep prospective students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

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