Financial decision making impacts every business decision within an organisation, which ultimately has an impact on local and global economies, so it is imperative that accountants ensure their actions benefit a business’ bottom line, without negatively impacting society.
MSc Accounting and Financial Management is designed for those who have not studied accounting before, but have a degree in business, economics or another related subject. We provide a comprehensive grounding in corporate analysis and reporting, as well as building your confidence in financial decision-making. Your studies can be tailored to suit your preferred career direction in industry, commerce or professional services by choosing from optional modules.
You cover topics including:
Essex Business School, where this course is based, is home to a number of cutting-edge financial research centres and institutes where the academics leading your course can share their latest research findings:
Our students can use industry-leading Bloomberg data in Essex Business School’s virtual trading floor. This state-of-the-art facility gives you access to the same tools used by traders and business analysts worldwide, offering a fantastic opportunity to hone your practical skills in finance and management.
Essex Business School is a member of the Chartered Financial Analyst (CFA) Institute University Affiliation Program.
Discover our trading floor:
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.
Essex Business School has a number of established research strengths in accounting, including:
Our researchers make a significant impact on the lives of people all around the world, with past and current research projects covering five continents.
The experience and findings of our experts will feature throughout your teaching. For example, you’ll hear from Dr Pawan Adhikari, Reader in Accounting at Essex Business School. Dr Adhikari’s expertise is public sector accounting, in particular highlighting the issues that emerging economies face while improving their accounting and accountability practices.
Pawan’s work is widely used in policy making and his recent work in Nepal has benefitted the government, investors, development partners (for example the World Bank) and wider Nepalese society by ensuring decision-makers are truly held to account, are transparent and open to scrutiny by stakeholders. This standardisation of public sector accounting practices has been a key part of Nepal’s reform agenda for the past ten years.
Two research centres support the research activities taking place in the accounting group. They organise seminars by external invited speakers, Essex Business School staff and research students; co-ordinate workshop programmes; and schedule bi-annual conferences of international renown. These offer a further excellent opportunity for you to engage with the very latest research and ideas in the field of accounting.
TheEssex Accounting Centre conducts distinctive world-class research, with a particular focus on accounting research applied in developing countries, including topics such as social responsibility and corporate governance; management accounting change; and corruption and accountability.
Our new interdisciplinary centre, the Centre for Accountability and Global Development (CAGD), is a dynamic hub for social justice research, with a particular focus on accountability across all sectors in both developed and emerging economies. The Centre contributes to impactful global development through rigorous research and engagement with the policy community, which complements the existing research strengths and expertise established within the Essex Accounting Centre.
Our MSc Accounting and Financial Management is based at our Colchester Campus.
You’ll be studying at Essex Business School, home to the first zero carbon business school in the UK– demonstrating our sustainable approach to business first-hand. Set around a lush winter garden, with shared spaces to encourage collaborative working, you’ll find a wealth of inspiring teaching and study zones:
You'll also benefit from fantastic University facilities located close by, including our state-of-the-art Silberrad Student Centre, complete with an open-access 24-hour Learning Hub and a cutting-edge media centre.
Our building is located on the Knowledge Gateway, home to some of the region’s most exciting enterprises in the science, technology and creative sectors. The Knowledge Gateway provides potential networking and career opportunities for students directly on campus.
We foster your creativity and ethical awareness so you’re ready to meet the challenges of the international business world. 90% of University of Essex’s postgraduate graduates are in employment or further study (Graduate Outcomes 2021).
Our MSc Accounting and Financial Management provides you with the skills needed for roles in financial analysis, management, public administration and accountancy. Our course will be particularly useful if you want to pursue a career in industry, commerce or with professional services firms, with many of our graduates also beginning their own entrepreneurial ventures.
Our graduates have progressed to work for high-profile organisations and innovative SMEs such as:
Our Student Support team work closely with the University’s Employability and Careers service to help you with careers information and advice and CV support. They will help you find work experience, internships, placements and voluntary opportunities and provide access to employer talks on campus. We also work closely with the Essex Startups team to support our budding entrepreneurs get their business ideas off the ground.
“I work as a Junior Risk Specialist at the Central Bank of the Republic of Azerbaijan. In my experience, employers look for a Masters degree from a well-respected UK university, like the University of Essex. I’ve found that many organisations give priority to candidates who have studied in another country.”
Orkhan Mehdiyev, MSc Accounting and Financial Management 2015
A 2:2 degree in any discipline. your degree must contain modules from a numerate discipline.
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.
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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.
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.
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 2022 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 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|
||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.|
||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.
||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 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:
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.
COMPONENT 01: CORE
COMPONENT 02: CORE
COMPONENT 03: COMPULSORY
COMPONENT 04: COMPULSORY
COMPONENT 05: OPTIONALEBS (Colchester Campus) option from list
COMPONENT 06: OPTIONALEBS (Colchester Campus) option from list
COMPONENT 07: OPTIONALEBS (Colchester Campus) option from list
Fees will increase for each academic year of study.
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.
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.
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.
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.
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.
Want to quiz us about your course? Got a question that just needs answering? Get in touch and we’ll do our best to email you back shortly.