Manchester Metropolitan University

MSc/PgDip/PgCert

Accounting and Finance

2016 entry

Features and benefits of the course

  • You will be taught in the Business School’s £75 million teaching and research headquarters on All Saints Campus. Watch the video to find out more.
  • Teaching staff on this programme are highly experienced practitioners and active researchers in their fields. Read more about the staff from the Department of Accounting, Finance and Economics
  • As a student of the AFE Department, you will have complementary access to Bloomberg, the leading global platform used by the world’s leading banks, corporations and government agencies for news, data, analytics and research.  
  • The Business School is the only public sector ACCA platinum approved learning partner in the North of England.
  • Read our economics blog at http://eomics.mmu.ac.uk/
  • There are opportunities to focus your assignments on your employment goals.
  • You will have extensive access to real world data and academic journals. 
  • This programme has an advanced standing route for mature students who have relevant professional qualifications or who have previously studied for a postgraduate certificate or diploma. Through advanced standing, we can give you academic credit for your current qualifications. Typically, this would be membership of the ACCA. Consequently, you only need to study selected units and can achieve an MSc in a shorter timeframe. The tuition fees for this route are also lower because you only pay for the units you need to take rather than having to study all the units for the MSc.
  • You have the opportunity to join the Accounting, Finance and Economics (AFE) Student Society. The Society organises a variety of events for students including employer fairs, guest speakers and various networking opportunities.
  • All graduates from the MSc Accounting and Finance course will be eligible to sit the CIMA Gateway paper, which will fast track them to the CIMA Strategic Level. The route requires you to sit a single three hour exam in either May or November each year. It assesses your knowledge of the material covered in the management level of the CIMA Professional Qualification. Once you have passed, you will be awarded the CIMA Advanced Diploma in Management Accounting and be granted exemptions from all certificate, operational and management level exams in the CIMA Professional Qualification. Then by sitting three strategic level papers and TOPCIMA (and relevant work experience) it will lead to students becoming CIMA qualified accountants.

Adding value to your employability skills

Throughout your studies there is strong provision for employability and gaining graduate employment through our Careers and Employability Hub and a range of additional activites that include:

Live business project 

Many employers require graduates who posess a range of skills and knowledge, including experience in the workplace. Masters students of the Business School take a unit called Investigating Business Practice, where you will act as a consultant for a real business. This will develop your project management, team working, client management and business consultancy skills.

In groups, you will be matched with a business organisation that is seeking solutions to an issue that is related to your subject area. You will be expected to meet with the client company, identify the key issues that the client is facing and be required to scope out their specific requirements and business needs, delegate roles and tasks within your team and then respond professionally to this brief, showcasing strategies and proposals that they can realistically implement into their business. 

Behind-the-scenes business visits

As a Masters student of the Business School, you have the opportunity to participate in a number of free business visits that allow you to see behind the scenes of real companies and learn about how these businesses are structured and operate. The business visit programme varies each year, the following are indicative of the type of business visits that are available:

  • Manchester United Football Club – museum and stadium tour plus guest speaker on business operations
  • Robinson’s Brewery – tour of 175 year old family run brewery and guest speaker
  • BBC at MediaCityUK - tour of BBC studios at MediaCityUK with an insight into how TV broadcasting works.
  • Jaguar LandRover - tour of the LandRover factory including every stage of the assembly process to the finished product.

Professional development weeks

The Faculty of Business and Law hosts two Professional Development Weeks annually. Free and open to all students, this includes a festival of skills-development activities, practical support in developing your CV and employability skills, and the opportunity to network with actively recruiting graduate employers. 

Consultancy dissertation 

The dissertation unit is your chance to undertake a consultancy dissertation, which could be based on a current or potential employer and aligned to your career goals in a specfic sector, organisation or industry. This would involve identifying and structuring an investigative managerial or business issue, producing a substantial written document of your conclusions and recommendations. 

Expert guest lectures

A number of guest lectures take place each year with leading speakers from industry. The Business School shares extensive links with over 25 professional bodies including the Chartered Management Institute and the Institute of Leadership and Management. We invite speakers from various industries onto campus as guest lecturers to share their knowledge with current Masters students. 

Accreditations, Awards and Endorsements

Placement options

Postgraduate internship programme

Employers look favourably on candidates who can demonstrate relevant and practical work experience. All full-time Masters students at the Business School have the opportunity to undertake an optional, short-term internship with a real business in order to develop relevant experience relating to their studies. 

The Postgraduate Internship Programme is an optional unit which allows you to gain up to twelve weeks of work experience in a business environment; putting your studies into practical application, at the same time as gaining practice credits, which are recorded on your degree qualification transcript. Internships can be part-time or full-time but must fit around your scheduled classes. A dedicated team are on hand to guide you through this process.

About the course

Our postgraduate programmes aim to combine academic knowledge from leading research in the area with the professional skills that employers are seeking.

The Faculty is home to the Centre for Business and Society, which brings together a number of synergistic research centres and knowledge clusters and our doctoral school of PhD researchers, who work with teaching staff on the design of the programme.

During your studies, you may have the opportunity to participate in:

Industry experienced teaching expertise

Teaching expertise on the MSc Management programme comes from the Department of Accounting, Finance and Economics, which includes a rich mix of research-active and professionally qualified academics. 

Meet the lecturers: 

Mr Haris Chaudhri | Senior Lecturer 

Mr James Rattenbury | Senior Lecturer 

Typical units of study may include

Year 1

Units on the programme are designed to develop your critical thinking on key areas whilst allowing you to apply your learning into practice by undertaking a live business client project, before embarking on a consultancy based dissertation.

You will study the following units:

International Corporate Reporting and Governance - The international corporate reporting aspect of the unit considers the impact of International Financial Reporting Standards (IFRS) on corporate reports across a number of different business situations and considers the impact of the move to harmonisation of accounting standards globally. The governance aspect of the course will cover governance, risk and ethics and their inter-relationship.

Corporate Finance and Strategy - This unit will develop the knowledge and skills used in designing and implementing business strategy in the context of the external environment and internal capabilities.

Investigating Business Practice -This is your opportunity to gain real consultancy skills with a live business client. You will be matched with a business partner and in groups, you will have to investigate a business issue for your client. This will involve setting clear objectives and goals, scoping out the project, assigning roles and responsibilities before undertaking live research and synthesising your theoretical knowledge in order to apply it to the client’s issue. You will then develop a proposal, considering factors concerning the client’s issue, before drawing up and presenting a set of recommendations that the client can realistically, apply to their business as a solution.  This unit provides you with real-life experience in managing a client-consultant relationship, enhancing your C.V and developing your employability skills by allowing you to experience the realities of managing teams, projects and expectations. 

Option Unit - You can select from a range of option units from across the Business School that will enable you to specialise in a particular subject area. These are:

  • International Environment
  • Behavioural Economics and Financial Decision Making
  • Project Management Concepts and Practices

Research Methods - This unit develops your critical thinking, reflective writing and other study skills, including analysis and referencing, to successfully study at Masters level and in particular to introduce you to general research methods needed to successfully develop a dissertation proposal or research brief.

Dissertation - To successfully complete the Masters award, you are required to undertake a 15,000 word dissertation, supported by an individual tutor. This piece of individual work can be used to inform research in industry or sector that is aligned to your management career aspirations.

This unit is your chance to undertake a Consultancy Dissertation, which could be based on a current or potential employer. This would involve identifying and structuring an investigative managerial or business issue, producing a substantial written document of your conclusions and recommendations. Conducting primary research in the client organisation would be required in order to offer short to medium term solutions to the business, identifying implications of these actions for the wider managerial profession.

You may also wish to do one of four other types of dissertation including:

- Enterprise Based Business Plan: Developing a Business Plan for a start-up business, underpinned by secondary data and fieldwork on the proposed business area, with the objective of a possible launch of a small enterprise.

- Empirically Based: Answering distinct research questions, triggered by an issue of strategic or operational importance, mainly by conducting fieldwork (collecting primary data), with the objective of drawing out the implications for the wider managerial professional practice.

- Action Learning: This involves examining, in a reflective way, a problem-solving ‘action intervention’ made by the author in his/her organisation through the lens of relevant literature, with the objective of demonstrating insights and enhanced managerial competence, and drawing out the implications for the wider managerial professional practice.

- Library Based: This would involve answering distinct research questions, which are triggered by an issue of strategic or operational importance, mainly by gathering secondary data and doing a meta-analysis of published interpretations of existing data sets, with the objective of drawing out the implications for the wider managerial professional practice.

Examples of past dissertation subjects include:

  • Why Would Older Clients Have Trust in Their Financial Planner?
  • Should Financial Planners be Graduates?
  • Alignment between Performance Measurement and Strategy: A Study of a Nuclear Company.
  • A Study of Exchange Rate Fluctuations

Programme Review

Each programme of study that we offer undergoes an annual review to ensure an up-to-date curriculum supported by the latest online learning technology. In addition, we undertake a major review of the programme, normally at 6-yearly intervals, but this can take place at a more frequent interval where required. Applicants should note that the programme currently provided may be subject to change as a result of the review process. We only make changes where we consider it necessary to do so or where we feel that certain changes are in the best interests of students and to enhance the quality of provision. Occasionally, we have to make changes for reasons outside our control. Where there are changes which may materially affect the current programme content and/or structure, offer holders will be informed.

Assessment details

Corporate Finance & Strategy

2 x 3,000 word assignments worth 50% each

International Corporate Reporting and Governance

3,000 word assignments worth 40%.  Exam worth 60%.

Investigating Business Practice

One presentation group report, incorporating an individual learning log.

Dissertation

15,000 word approx dissertation.

Teaching Staff

Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. We also work with external professionals, many of whom are Manchester Met alumni, to enhance your learning and appreciation of the wider subject. Details of departmental staff can be found at: http://www2.mmu.ac.uk/business-school/about-us/our-staff/afe/

Typical entry requirements

You will normally have at least a 2:2 UK honours degree (or international equivalent) in an accounting and finance degree, or a degree with substantial accounting content.

Exceptionally we will consider applicants with appropriate professional passes in a CCAB or equivalent approved professional accounting body and with substantial relevant work experience.

Applicants whose first language is not English (and whose first degree was not taught in English) are required to produce evidence of English Language proficiency to TEFL minimum score 575 (minimum 4.0 in written test) or IELTS minimum score 6.5.

There’s further information for international students on our international website if you’re applying with non-UK qualifications.

How do I apply for this course?

You can apply for full and part-time taught courses by completing the Postgraduate Application Form. There are exceptions for some professional courses – the course information on our on-line prospectus will give you more information in these cases.

Please note, to apply for this course, you only need to submit one reference. While the application form does ask for two, providing one reference (preferably from an academic institution or an employer), will allow your application to be processed.

We will contact you to let you know the outcome of your application. You may also be asked to come in for an interview or provide further information or a portfolio.

Some offers may be conditional upon achieving certain grades in your examinations, or successfully completing a particular programme, and you must satisfy these conditions before we can confirm your place.

Career options after the course

You will be well placed to move into the finance function of both large and small organisations in the private and public sector. Alternatively, you may prefer to seek work in financial analysis, securities and investments or commercial lending.

Graduates from this programme have gone on to take up positions including:

Trade Administrator at BNY Mellon

Audit Assistant at PWC Malaysia.

Read a graduate profile

Amer Ashraf Janjua, MSc Accounting and Finance

Solomon Akpotozor, MSc Accounting and Finance

Decidated career and employability support

The Faculty of Business and Law’s dedicated Careers and Employability Service is at your disposal during, and up to three years after you graduate.  With a focus on developing and enhancing your employability skills, there is a range of careers support services on offer during your time here including Professional Development Weeks twice a year, where a festival of skill building activities, training and employer networking takes place.

You are encouraged to explore your employment options during your postgraduate qualification and you will have the opportunity to engage with employers through careers fairs, guest speakers and internships. 

Confirmation of Regulator

The Higher Education Funding Council for England is the principal regulator for the University.

Important Notice

This online prospectus provides an overview of our programmes of study and the University. We regularly update our online prospectus so that our published course information is accurate and up to date. Please note that our programmes are subject to review and development on an ongoing basis. Changes may sometimes be necessary. For example, to comply with the requirements of professional or accrediting bodies or as a result of student feedback or external examiners’ reports. We also need to ensure that our courses are dynamic and current and that the content and structure maintain academic standards and enhance the quality of the student experience.

Please check back to the online prospectus before making an application to us.

The provision of education by the University is subject to terms and conditions of enrollment and contract. The current Terms and Conditions Applicable to the provision of the University’s Educational Services are available online. When a student enrolls with us, their study and registration at the University will be governed by various regulations, policies and procedures. It is important that applicants/students familiarize themselves with our Terms and Conditions and the Key Contract Documents referred to within. Applicants will be provided with access to an up to date version at offer stage. This can be found within the Information for Offer Holders document.