Postgraduate MSc/PgDip/PgCert

Professional Accounting

Salford Business School

Full-time

Part-time

Attendance

One year

Two year

Course

September 2019

Next enrolment
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Introduction

In a nutshell

The MSc Professional Accounting specifically addresses the needs of those who have completed a first degree in accounting where they have passed all ACCA Applied Skills and Knowledge  papers (these were previously known as papers F1 to F9) and wish to study for the outstanding Strategic Professional papers (previously known as papers P1 to P7) to qualify as an accountant.

You will identify, formulate and solve business problems employing appropriate methodologies, qualitative and quantitative skills, and involving the creation and assessment of management needs. This is a professional programme focused on helping you become a fully qualified professional accountant so you will be learning from fully qualified accountants and industry experts from iCount Training who have themselves sat and passed all their professional exams. It is also a highly practical course; you will be introduced to modern accounting and management techniques that are widely used in industry and will work on real-world examples to develop your skills.

This is a challenging course and, in order to reach the standard demanded by the ACCA, students are expected to be very focused on their studies both in class and in your personal study time. However, Salford Business School will support you both academically and pastorally to achieve your potential.

The programme is highly industry-focussed and culminates in the Industry Collaboration Project (ICP).  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.

By the time you graduate, you will have enhanced your professional abilities and developed your skills in critical thinking and analysis so you are ready to sit your ACCA professional papers. At the same time, you will also have gained a master’s degree.

International students should apply for the MSc route.

You will:
  • Simultaneously earn a master’s degree and prepare for ACCA exams
  • Develop your technical and practical accountancy skills and knowledge
  • Apply your knowledge through the Industry Collaboration Project
Placement

options available

International

students accepted

This is for you if...

1.

You wish to prepare for ACCA examinations

2.

You are looking for a career as an accountant

3.

You are a practising accountant looking to progress your career

4.

You are critical thinker

5.

You wish to explore key accounting and finance theories in depth

6.

You want to develop practical skills

Course details

All about the course

The course is delivered in two blocks of intensive study periods. For each block, you study two modules for a 12-week period. Face-to-face teaching is delivered by fully qualified external experts, on campus, for two full days each week. In addition, you will attend the taught element of the Industry Collaboration Project (ICP) to develop your research and consultancy skills; this currently takes place each Wednesday afternoon during the 12-week blocks.  You will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.

Each module is examined twice by Salford Business School as part of the Masters programme (a mid-term and an end of semester exam) and once by the ACCA as part of your professional qualification (taking the ACCA exam is your decision, as is whether you decide to attend the exam at this stage or later; there is an additional cost to sit the ACCA exam, payable to ACCA; students with ACCA membership qualify for a discounted price). The programme is designed to help you pass your ACCA exams so you will be provided with question practice and mock exams by your iCount tutors to prepare you for all assessments. The pass rate on this programme for the December 2018 ACCA exams was 89% (compared to a global pass rate of 48%) so, as long as you dedicate yourself to the effort and complete the work your tutor sets for you, you should be successful.  iCount provides a Lifetime Pass Assurance scheme which enables you to attend revision sessions indefinitely until you do pass (provided you have attended every session of the module’s teaching sessions).

For the final third of your studies, you will work on your Industry Collaboration Project (ICP), working with your own or another organisation.  The Industry Collaboration Project (ICP) module accounts for the final 60 credits of your degree. You will have the opportunity to select between a live project, placement, internship or dissertation, all of which are designed to accommodate your career aspirations and enhance your professional experience.

You will be allocated a supervisor who will mentor you through the ICP. You will also have the opportunity to engage with the Student Hub and askUS. askUS can help with pre project/placement support for students and opportunities for those going on placement to participate in training workshops to ensure best practice. The Student Hub can help you to find internships, placements and live projects for your Industry Collaboration Project.

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

Semester one

Governance Risk and Business Analysis

Through this module you will be provided with insights into modern governance practices. You will learn how to apply the relevant skills and knowledge in carrying out the role of the accountant and develop the ability to relate practice to governance, internal control, compliance and the management of risk within an organisation.

Corporate Reporting

In this module you will learn to apply relevant knowledge and exercise professional judgement in corporate reporting. You will also critically apply a variety of financial reporting principles and practices to a range of business contexts and situations.

Semester two (Choose any two of the following)

Financial Management

Through this module you will learn to apply relevant knowledge in taking or recommending decisions relating to the financial management of an organisation. You will critically assess different strategies for corporate reorganisation and analyse the impact of macroeconomics in the financial management of multinationals.

Performance Management

Performance Management aims to help you contribute to the evaluation of the performance of an organisation and its strategic development. You will develop an understanding of the strengths and limitations of modern performance management techniques and lean how to apply relevant knowledge and judgement in selecting strategic management accounting methods.

Taxation

This module prepares you to contribute to the tax efficiency of modern firms, provide advice related to complex tax issues and to play a senior management role within an organisation.

Audit and Assurance

Through this module you will analyse and evaluate the assurance engagement and other audit and assurance issues in the context of both best practice and current developments. You develop an understanding of the legal and regulatory environment and its impact on audit and assurance practice.

Semester three (Industry Collaboration Project (ICP) - choose one 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

Please note, this option is available from September 2019
Through this option, along with applying your theoretical knowledge from the taught elements of the programme, you will develop the transferable skills and qualities required for entrepreneurial behaviour and work on your own innovative business idea. You will reflect on business opportunities, challenges and strategies with the aim of establishing a new businesses, or incorporating entrepreneurial thinking into the management of an existing organisation. The three month Entrepreneurship path will be assessed through the development of 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.

What will I be doing?

The course is block delivered with students studying a single module for a six week period. Face to face teaching is delivered on campus for two half days each week. In addition, you will attend the taught element of the Industry Collaboration Project each Wednesday afternoon during the six week blocks, with independent study completed in your own time through the University’s virtual learning environment, Blackboard. Individual student timetables are provided during induction week.

Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.

Assessment

Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.

Salford Business School

Salford Business School aims to be the most business-informed, industry-relevant business school in the UK. Industry shapes everything we do, from informing our students’ learning to providing work placements, driving our research and influencing our academic staff.

We want you to gain the best academic and personal experience possible. As a student here, you’ll have access to a range of experiences and opportunities, including internships and work placements in the UK or internationally so you graduate with much more than a degree.

Our facilities

Salford Business School is located at the heart of the University’s Peel Park campus and just minutes from Manchester city centre. Teaching facilities include Lady Hale and Chapman buildings, which offer stylish modern spaces with lecture theatres equipped with the very latest technology and large screen displays. A dedicated Employability team will help you with work placements and access to work skills. Throughout campus, there is a choice of individual study areas, communal learning and breakout spaces, plus a selection of food outlets.

The library in the park

Having undergone a £6.2 million refurbishment, Clifford Whitworth Library is a truly modern learning space with PC suites, group study rooms, silent study areas, access to specialist publications and much more. Based at the centre of the Peel Park campus, the library is open 24/7, all year round. In addition to Clifford Whitworth Library, there are several study spaces on campus.

Our library staff will support you with the extra study skills you need to succeed at postgraduate level whether you are moving straight on from undergraduate study or returning to education after a break.

Getting Here

If you’re planning on commuting, both our MediaCityUK and Peel Park campuses are perfectly placed. Whether by bus, rail, bike or car, we’re easily accessed from all over Greater Manchester, Lancashire and beyond.

Get more information about your options for commuting, or hear about the experience from current students.

Employment and stats

What about after uni?

Students on completing this course will be able to work as an accountant in all industries. More specifically it is aimed at ambitious students who plan on becoming chief financial officers, chief executive officers, company directors and other senior roles in industries both UK and abroad.

A taste of what you could become

A chartered accountant

A chartered certified accountant

A chartered management accountant

A chartered public finance accountant

A company secretary

And more...

Career Links

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need for industry-focused education is equally relevant today.

We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.

The curriculum across our postgraduate courses balances academic teaching and professional experience. Our industry partners give us their input into the curriculum so that the teaching reflects industry’s current and future needs and you develop the skills that employers want. The Industry Collaboration Project, which forms the final third of your study, is designed to give you real-world experience so you can apply the theory you have learned.

Requirements

What you need to know

This programme is suitable for any graduate with an accounting background who wishes to qualify as an ACCA qualified accountant.  You will be responsible for organising directly with the ACCA to sit your professional exams for which there is an additional cost payable to ACCA.

The MSc is the only route available for international students.

English Language Requirements 

Normally IELTS 6.5 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

A minimum 2:2 degree or equivalent or successful completion of the Graduate Certificate International Management. A wide range of professional qualifications are also accepted. 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.

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?

2019 fees shown below are for programmes starting in September 2019.  The fees for programmes starting in March, June and July 2019 are:

Home/EU        £8,550
International    £14,400

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

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

Students are responsible for organising to sit the ACCA examinations for which there is an additional cost payable to ACCA.

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

September 2019

September 2020