Clearing 2021
Postgraduate Course

MSc Accounting and Finance

MSc Accounting and Finance

Overview

The details
Accounting and Finance
October 2021
Full-time
1 year
Colchester Campus

All courses closed on 27 August 2021 to applicants who require a student visa to study in the UK for October 2021 entry. Applications received after this date will automatically be considered for the next available entry for the course applied for.

All courses remain open for applicants who DO NOT require a student visa to study in the UK for October 2021 entry.

How can organisations ensure fair and accurate accounting? How has finance changed in the wake of the global economic crisis?

Our MSc Accounting and Finance is taught at Essex Business School. You join one of the UK’s largest and most respected finance groups and experience a Masters education that combines theory with practice. You further your understanding of advanced accounting and corporate finance and can tailor your studies to your professional ambitions by choosing from a range of optional modules.

You cover topics including:

  • recent developments in theoretical approaches to accounting and corporate finance
  • quantitative and qualitative approaches to empirical research
  • financial reporting
  • portfolio management

Our world-renowned academics are at the cutting-edge of their fields. They embed the latest thinking into your course to ensure you stay up-to-date with the current developments and major issues in accounting and financial reporting.

Whether you’re thinking about continuing your studies to PhD level or targeting a senior role in the world of accounting or finance, this is the course to advance your career.

Our MSc Accounting and Finance is also available to study part-time and you may be eligible for University of Essex scholarships and discounts.

Professional accreditation

Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.

Completion of this course gives you accreditation exemptions from up to four professional examination papers with The Association of Chartered Certified Accountants (ACCA).

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

Why we're great.
  • Essex Business School is home to one of the largest and most-respected finance groups in the UK
  • We are at the forefront of accounting and finance research – be at the cutting-edge of the discipline
  • Tailor your Masters to your career goals with our wide range of modules
THE Awards 2018 - Winner University of the Year

Our expert staff

Our expert academics and practitioners seek to shape the direction of debate and research in the fields of accounting and finance, addressing issues currently faced by commercial businesses, public sector bodies and not-for-profit organisations. Their work has been cited in the national press and we’re home to internationally regarded figures, such as Emeritus Professor Prem Sikka, who is campaigning for an end to corporation tax avoidance.

Essex Business School has four accounting and finance research centres, producing work with real-world impact:

We’re recognised for being at the forefront of research in:

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

Specialist facilities

We’re proud to have the UK’s first zero carbon business school building, which reflects our commitment to ethical and sustainable business. You will be able to:

  • practise analysing financial data in our virtual trading floor, complete with Bloomberg Financial Market Labs
  • prepare for your lectures in our lush winter garden
  • experience our Eden-style dome, which gives the building its own micro-climate
  • learn in light and spacious lecture theatres
  • utilise our study pods and innovation booths for group working
  • network with visiting businesses
  • relax in Bonds café, adjacent to our sun terrace

Your future

We develop your business skills so you can use creativity, innovation and ethical awareness to solve the challenges that the international business world continues to present. 93% of our Essex Business School students are in employment or further study (Graduate Outcomes 2020).

Our recent graduates have progressed to roles in financial analysis, management, public administration and accountancy in high-profile organisations and exciting SMEs across the world, such as:

  • The Government of Pakistan
  • Brit College
  • Dytex Cotfabr
  • Capital Markets Intelligence, a financial publisher
  • Credit Data Research, a provider of small business finance

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

Working alongside the University’s Careers Services, we’ll help you find out about employability opportunities, such as work experience, internships, placements, and voluntary opportunities. There is also access to employer talks on campus.

Entry requirements

UK entry requirements

A 2:2 degree in any discipline.Your degree must include either:

One module in Financial Accounting and one module in Management Accounting in the final two years of study.

OR

Four accounting modules one of which must be in either Financial Accounting or 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

Course structure

We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The course content is therefore reviewed on an annual basis to ensure our courses remain up-to-date so modules listed are subject to change.

Teaching and learning disclaimer

Following the impact of the pandemic, we made changes to our teaching and assessment to ensure our current students could continue with their studies uninterrupted and safely. These changes included courses being taught through blended delivery, normally including some face-to-face teaching, online provision, or a combination of both across the year.

The teaching and assessment methods listed show what is currently planned for 2021 entry; changes may be necessary if, by the beginning of this course, we need to adapt the way we’re delivering them due to the external environment, and to allow you to continue to receive the best education possible safely and seamlessly.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

Status What this means
Core
You must take the set module for this component and you must pass. No failure can be permitted.
Core with Options
You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.
Compulsory
You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Compulsory with Options
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Optional
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

HR 100  4  FY

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number. 

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

  • AU: Autumn term
  • SP: Spring term
  • SU: Summer term
  • FY: Full year 
  • AP: Autumn and Spring terms
  • PS: Spring and Summer terms
  • AS: Autumn and Summer terms

COMPONENT 01: CORE

MSc/MA Dissertation
(60 CREDITS)

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 MSc/MA Dissertation on our Module Directory

COMPONENT 02: COMPULSORY

Issues in Financial Reporting
(20 CREDITS)

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

COMPONENT 03: COMPULSORY

Portfolio Management
(20 CREDITS)

Understand the process of portfolio management. You cover the main concepts such as efficient diversification, managing risk exposures, and the valuation of financial assets that are at the core of managing investment portfolios, and pay special attention to the practicalities of the implementation of these concepts.

View Portfolio Management on our Module Directory

COMPONENT 04: OPTIONAL

EBS (Colchester Campus) option from list
(20 CREDITS)

COMPONENT 05: CORE WITH OPTIONS

BE951-7-AU or BE953-7-AU
(20 CREDITS)

COMPONENT 06: OPTIONAL

EBS (Colchester Campus) option from list
(20 CREDITS)

COMPONENT 07: OPTIONAL

EBS (Colchester Campus) option from list
(20 CREDITS)

COMPONENT 08: COMPULSORY

Postgraduate Mathematics Preparation
(0 CREDITS)

This module covers topics in mathematics that are required in Masters-level finance courses at the University of Essex. You focus on the basics of linear algebra, differential calculus including optimisation and dynamics.

View Postgraduate Mathematics Preparation 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, which our Masters students are welcome to attend
  • learn in an international environment; our Masters students join us from more than 40 countries

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/UK fee

£12,410

International fee

£19,380

EU students commencing their course in the 2021-22 academic year will be liable for the International fee.

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.

Applying

You can apply for this postgraduate course online. Before you apply, please check our information about necessary documents that we’ll ask you to provide as part of your application.

We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

For information on our deadline to apply for this course, please see our ‘how to apply’ information.

Colchester Campus

Visit Colchester Campus

Home to 15,000 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.

The Campus is set within 200 acres of beautiful parkland, located two miles from the historic town centre of Colchester – England's oldest recorded town. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.

 

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.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.


Find out more

The University makes every effort to ensure that this information on its programme specification 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, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the 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 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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