Postgraduate MSc/PgDip/PgCert

Accounting and Finance

Salford Business School

Attendance

Full-time

Part-time

Course

One year

Two year

Next enrolment

January 2020

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Introduction

In a nutshell

The aim of this Master’s course is to provide you with the advanced level skills and knowledge required by professionals working in accounting, finance, and corporate financial industry sectors.  You will study subjects including the principles of risk management; corporate governance; financial and management accounting methods; financial reporting; equity valuation.  The degree is taught at our Salford campus close to Manchester city centre.

The programme is highly industry-focussed and culminates in the Industry Collaboration Project.  You will choose one of four options to look at a real industry problem and provide researched solutions, helping you put your learning into practice.

You will gain valuable insight into accounting processes, both from in-business and external reporting perspectives. You will also learn about the relevance of accountancy to company valuation, and gain a solid understanding of the fundamentals of financial management.

This programme tracks the ACCA and the CFA syllabi.

International students should apply for the MSc route.

The course also offers a distance learning option through our official partner Robert Kennedy College, Zurich, Switzerland.

You will:
  • Prepare for careers within the accounting and finance sectors
  • Develop practical and transferable skills
  • Apply your learning in the Industry Collaboration Project
Placement

options available

International

students accepted

Course accreditations
EPAS logo
Course details

All about the course

The course is delivered in four blocks of intensive study periods. For each block, you study a single module for a 6-week period. Face-to-face teaching is delivered on campus for 6 hours each week. In addition, you will attend the taught element of the Industry Collaboration Project each Wednesday afternoon during the 6-week blocks.  During this period, you will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.

Part-time students study alternate modules (one module on, one module off) to complete their degree in two years.

For the final third of your studies, you will work on your Industry Collaboration Project, working with your own or another organisation on a live brief.

Semester one

Risk, Portfolio and Investment Analysis

Risk Portfolio and Investment Analysis aims to help you understand and apply the general principles behind modern risk management approaches. In this module, you will devise strategies to use modern portfolio management approaches and critically evaluate the limitations of modern statistical techniques in making financial decisions.

Corporate and Quantitative Finance

In this module, you will critically assess modern corporate governance in light of the recent financial crisis and review the ethical issues in running modern firms. You will also critically assess modern capital structure theory, the risks and opportunities involved in mergers and acquisitions and the limitations and applications of statistical methods in finance.

Semester two

Financial and Management Accounting

This module gives you a theoretical and practical introduction to financial accounting and management accounting. Upon completion, you will have an understanding of basic financial and management accounting methods, financial statements and the major problems associated with interpreting accounting information using International Accounting Standards.

Equity Valuation and Financial Statement Analysis

This module involves the evaluation of the theoretical basis of modern equity valuation and the concepts behind financial reporting. You will examine the impact of market and accounting based factors on the performance of firm equity value and devise strategies to minimise the risks associated with equity valuation.

Semester three, Industry Collaboration Project (ICP) - choose from:

Work Placement

The paid Work Placement gives you the chance to undertake a six month project with an organisation located regionally, nationally or internationally. By exploring a key issue impacting an organisation, you will apply the theoretical knowledge gained through your studies and develop and use appropriate problem-solving skills in a real-world environment.

You will create an initial 1,500 word research proposal then compile an 8,500 – 10,000 word portfolio of evidence that shows the work undertaken, the deliverables created, the impact achieved, the theories and concepts applied, the data gathering activities undertaken and a critical reflection by the student of their work practices and learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:
10% project proposal
80% portfolio
10% presentation

Internship

The unpaid Internship option of the Industry Collaboration Project aims to equip you with the relevant practical skills to critically identify and evaluate key issues impacting organisations and their environments either in the UK or overseas.

Over a three month period, you will work alongside an organisation to identify and explore a real organisational issue.  You will have specified learning goals and will need to actively reflect on what is being learned throughout the experience.

You will create an initial 1,500 word research proposal then compile an 8,500 – 10,000 word portfolio of evidence that shows the work undertaken, the deliverables created, the impact achieved, the theories and concepts applied, the data gathering activities undertaken and a critical reflection by the student of their work practices and learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:

10% project proposal
80% portfolio
10% presentation

Dissertation

An advanced-level applied research pathway based on a real-world business problem and examining an issue important to an organisation.   The Dissertation path gives you the opportunity to apply the theoretical and practical knowledge gained from the taught elements of the programme to a current organisational issue and deploy and effectively use appropriate problem-solving skills through critical self-reflection and methodical, systematic research.  It is an excellent option if you are considering moving into academic research and PhD studies.

You will create an initial 1,500 word research proposal consisting of research questions, aims and objectives, and the rationale for undertaking the study.  The 12,000 – 15,000 word dissertation will include literature review, research methodology, analysis of findings, conclusions, recommendations and a critical reflection of your learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:

10% project proposal
80% portfolio
10% presentation

Entrepreneurship

Through this option you will apply the theory and concepts you have learnt from the taught elements of your programme. With the help of mentors you will develop the skills and thinking that supports entrepreneurial action will working on the development of your own innovative business idea. You will horizon scan for business opportunities, assess the external challenges and consider available strategies that will support your aim of establishing a new businesses, or let you incorporate entrepreneurial thinking into an existing organisation. The three month Entrepreneurship path is assessed through an Initial Business Proposal and an 8,500 word Comprehensive Business Proposal accompanied by a 30 minute presentation.

Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.

Requirements

What you need to know

APPLICANT PROFILE

This programme is ideally designed for graduates with an academic background in financial and management accounting, economics, finance, management or business studies. Alternatively, sufficient and suitable work experience will also be considered.

The MSc is the only route available for international students.

ENGLISH LANGUAGE REQUIREMENTS

Normally IELTS 6.0 with no individual element below 5.5, or equivalent recognised Secure English Language Test, (SELT).

If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University.

Standard entry requirements

Undergraduate degree

Normally a minimum 2:2 honours degree or equivalent or successful completion of the Graduate Certificate.

A wide range of professional qualifications are also accepted either in partial or complete fulfilment of entry requirements.

Where a student has gained a recognised honours degree but does not meet the normal entry qualification requirement, they may still be considered for entry if they can demonstrate relevant work experience of a minimum two years duration post study and acceptable level of responsibility.

Alternative entry requirements

Accreditation of Prior Learning (APL)

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).

How much?

Type of study Year Fees
Full-time home/EU 2019/20 £7,776per year
Full-time international 2019/20 £14,274per year
Part-time 2019/20 £1,296 per 30 credit module
Full-time home/EU 2020/21 £7,920per year
Full-time international 2020/21 £14,670per year
Part-time 2020/21 £1,320 per 30 credit module
Additional costs

For more information please see our funding section.

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Scholarships for international students 2019/20 and 2020/21

International applicants to Salford Business School postgraduate master’s programme may be eligible for the Salford Business School International Excellence Scholarship worth £3,500, or the Salford Business School Silver Award worth £2,500. 

For more information go to International Scholarships.    
 

Apply now

All set? Let's apply

Still have some questions?  Contact us

By email (UK/EU applicants): enquiries@salford.ac.uk

By email (international applicants): international@salford.ac.uk

By phone:  +44 (0) 161 295 4545

Enrolment dates

January 2020

March 2020

June 2020

September 2020

November 2020