The University of Wolverhampton

MScFinance and Accounting full time

Why choose this course?

The MSc Finance and Accounting is aimed at providing you with an in-depth grounding for your professional and/or academic career in finance, business and accounting. Previous students studying this course have taken up appointments in large financial institutions, national government departments and international banks. This course develops your strategic understanding and critical thinking of the main finance principles and theories that support and inform corporate financial decisions and upon which modern business decision making is based. In addition, it provides you with an opportunity to develop practical skills and theoretical understanding of finance for international business. You will explore the importance of accounting information in the management of corporations and a variety of approaches small firms follow to secure finance to survive and succeed in the hyper-competitive market. You will have the opportunity to evaluate the impact of organisational theories and corporate governance on corporations in an international context. In this modern globalised business environment you will explore the key factors that affect international business management. Your research skills will be developed and you can apply this knowledge through an independent piece of research in an accounting or finance related topic.

You will also be taken on external visits, for example to the London Stock Exchange, and the course is taught by highly research active staff who have embedded their research into the programme.

What happens on the course?

Typical modules include:

International Finance
Understand the international financial system and apply various international financial strategies available to international corporate managers.

International Business Environment
Understand the controversies over basic trends in the global economy and analyse key issues like foreign investment and location which underpin global business decision making

Financial Management
Develop skills in all the key aspects of financial decision-making, from sources of finance, investment appraisal to management of capital

Accounting for Business
Read, analyse and question the financial and management accounting information which operational managers will need to contend with in the course of their career.

Entrepreneurial Finance
Explore approaches small firms can follow to secure finance to survive and succeed in the hyper-competitive market. Investigate options for financial support including venture capital, angel finance, bank finance, trade credit, financial bootstrapping, and small firm loan guarantee scheme

Corporate Governance in an International Context
Explore a range of perspectives that help understand the interplay between corporate governance, strategy and corporate performance in a range of comparative national and organisational contexts

You will undertake an Independent Business Analysis Project, which runs throughout your course.

You will be taken on external visits, for example to the London Stock Exchange.

Why Wolverhampton?

This is a full-time master’s programme which can be achieved in one calendar year. The course is designed for those with or without a finance, economics or accounting background and provides the opportunity to engage with organisations. You will attend a practical equity market lecture on a visit to the London Stock Exchange, for example.

This course is highly international in terms of content and student composition. The course utilises high quality blended learning support, access to excellent learning facilities, and research-active teaching staff with industrial experience. There is a good student network developed within the course, and the course is supported by a well-developed programme team, personal tutoring and the use of course representatives.

Upon completion of the course the skills gained can help you pursue a career in banking, business and industry, or academia.

Career path

Upon completion of MSc Finance and Accounting you can take up jobs as finance professionals in banking, insurance, multinational corporations, NGOs, national and local governments, international financial institutions such as IMF, World Bank, IFC etc. For those who want to take up careers in academia, this MSc prepares you with the appropriate skills and provides students with the necessary building blocks to pursue further study at the MPhil or PhD level.

What skills will you gain?

On successful completion of this course you will be able to:

  1. Critically evaluate and apply a variety of corporate & international finance and accounting theories in an organisational setting.
  1. Critically evaluate and appreciate the relevance of accounting information for business performance management.
  1. Explore a variety of funding sources for a range of organisations and how crafted public policies address the needs of small firms and entrepreneurs.
  1. Critically assess how the international economic environment affects businesses.
  1. Develop a range of inter-personal skills that are appropriate for the international workplace.
  1. Synthesise relevant critical thinking through academic research completing an independent research project/dissertation at masters level.

Entry requirements

All applicants

  • A first or second class undergraduate honours degree from a UK university or overseas equivalent, or a professional qualification and/or experience considered to be equivalent to the above.
  • A reference from a tutor who has supervised your undergraduate studies, or your employer;
  • If English is not your first language, a TOEFL score of 550 or above, an IELTS score of 6.0 or above or evidence of English proficiency equivalent to the above.
  • You may apply for accreditation of prior learning (APL) subject to the guidelines set out in the UWBS APL Handbook. APL includes accreditation of prior certificated learning and /or accreditation of prior experiential learning.

Part time students only

  • Applications are also welcome from individuals who do not possess the above qualifications but who have significant management experience and are able to demonstrate previous non-certificated learning equivalent to the above. In such cases, admission to the programme will be based on an evaluation of the applicant’s ability to continue to benefit from and achieve the award.
  • You will normally have appropriate and relevant work experience.

Course fees and finance

2017/8 Home/EU International
Full time - * £12,470
Part time - *

* Please contact the relevant Academic School for information on course fees.

These fees are applicable for new entrants in 2017/8. Fees are for the academic year only, any subsequent years may be subject to an annual increase, usually in line with inflation.

2016/7 Home/EU International
Full time - * £12,470
Part time - *

These fees are applicable for new entrants in 2016/7. Fees are for the academic year only, any subsequent years may be subject to an annual increase, usually in line with inflation.

Postgraduate Loans: A new system of loans for taught and research Masters courses for students resident in England is being introduced from September 2016. For more information and how to apply online visit: www.gov.uk/postgraduate-loan

Professional and Career Development Loan: The University is a Professional and Career Development Loans (PCDL) registered Learning Provider, registration number [4413]. A PCDL is a commercial bank loan that you can use to help pay for work-related learning. For further information on financial assistance to support your learning, please visit the GOV.UK website or contact the National Careers Service on 0800 100 900.

Charitable Funding: You might also want to explore the possibility of funding from charitable trusts; please see the following websites www.acf.org.uk, www.dsc.org.uk/fundingwebsites or www.family-action.org.uk. Most charities and trust funds offer limited bursaries targeted to specific groups of students so you will need to research whether any of them are relevant to your situation.

University Postgraduate Loyalty Discount: The University also offers a postgraduate loyalty discount (http://www.wlv.ac.uk/study-here/money-matters/financial-support/postgraduate-study/postgraduate-loyalty-discount/): If you have completed an undergraduate degree at the University of Wolverhampton, you may be eligible for a 20% discount on the first year of a taught postgraduate programme.

Financial Hardship: Students can apply to the Dennis Turner Opportunity Fund (http://www.wlv.ac.uk/study-here/money-matters/financial-support/dennis-turner-opportunity-fund/) for help with course related costs however this cannot be used for fees or to cover general living costs.

If you are paying for the fees yourself then the fees can be paid in 3 instalments: November, January and April. More information can be found at www.wlv.ac.uk/howtopay

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* We are currently unable to confirm these fees.

Contact us

Telephone

01902 32 22 22

Email

enquiries@wlv.ac.uk

Online

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