Do you want to be able to speak “the language of business” and understand financial decision making and financial institutions? Do you want to be taught and supervised by leading academics whilst gaining exemptions from the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA) professional examinations?
Accounting is the process of summarising, analysing and reporting financial transactions to permit informed judgements and decisions by users of the information.
Finance looks at how company managers and investors make financial decisions, how they manage their risk and how financial markets function.
The MSc in Accounting and Finance provides students with an understanding of both the theoretical framework and practical skills necessary to work in the global financial environment.
Accounting and Finance highlights
Accounting and Finance at Queen's is ranked 8th in the UK in the Complete University Guide 2020.
- The programme is accredited by ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants. Students will be exempt from exams F1 (Accountant in Business), F2 (Management Accounting), F3 (Financial Accounting), F4 (Corporate and Business Law), F5 (Performance Management) F7 (Financial Reporting) and F9 (Financial Management). Those who pursue the final route of the Academic Research Project (as opposed to the traditional dissertation) will also avail of the ACCA exemption for paper F8 (Audit and Assurance). The programme is also part of the CIMA accelerated route, which will allow students to take the CIMA master’s gateway assessment on completion of the MSc Programme. Exemptions are recognised for: CIMA Certificate level BA1 Fundamentals of Business Economics, BA2 Fundamentals of Management Accounting, BA3 Fundamentals of Financial Accounting BA4 Fundamentals of Ethics, Corporate Governance and Business Law; CIMA Operational level P1 Management Accounting; CIMA Management level P2 Advanced Management Accounting; F2 Advanced Financial Reporting. Students who do not wish to take the gateway route are eligible for exemptions from the certificate level and will enter directly into the operational level objective tests of the CIMA professional qualification.
- Students have the opportunity to hear from industry professionals who regularly deliver guest lectures and have the opportunity to network afterwards.
- The programme is accredited by ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants. Students will be exempt from exams F1 (Accountant in Business), F2 (Management Accounting), F3 (Financial Accounting), F4 (Corporate and Business Law), F5 (Performance Management) F7 (Financial Reporting) and F9 (Financial Management). Those who pursue the final route of the Academic Research Project (as opposed to the traditional dissertation) will also avail of the ACCA exemption for paper F8 (Audit and Assurance). From 2018: CIMA accelerated route will allow students to take the CIMA master’s gateway assessment on completion of the MSc Programme. Exemptions are recognised for: • CIMA Certificate level BA1 Fundamentals of Business Economics BA2 Fundamentals of Management Accounting BA3 Fundamentals of Financial Accounting BA4 Fundamentals of Ethics, Corporate Governance and Business Law • CIMA Operational level P1 Management Accounting • CIMA Management level P2 Advanced Management Accounting F2 Advanced Financial Reporting Students who do not wish to take the gateway route are eligible for exemptions from the certificate level and will enter directly into the operational level objective tests of the CIMA professional qualification.
World Class Facilities
- The Corporate Finance module is taught in the Trading Room. Students have access to Bloomberg software, a market leader in financial news, data and analytics, which is used by many financial institutions.
- Students may wish to join the Trading and Investment Club, a student run organisation which aims to educate its members on trading and investing through guest speakers, competitions and educational seminars. The Student Managed Fund, which uses real money, gives students the opportunity to be part of an investment management process.
- Students will use and have access to software such as Stata, Excel, Matlab, and databases such as Thomson one banker, DataStream and Bloomberg.
Course Details The programme offers the opportunity to pursue appropriately advanced studies in both accounting and finance, equipping the students for careers in financial institutions, management consulting, and industry or government bodies.
The modules included in the programme aim to develop capacities of critical assessment of literature and methods, and the ability to communicate, orally and in writing, on topics in accounting and finance.
They provide a stimulating suite of learning activities that introduce students to contemporary theories and practice.
The contents provided during the programme will also be useful to those who wish to pursue PhD studies in accounting and finance.
Semester 1 (60 CATS) Financial Management
International Financial Accounting and Reporting
Case Studies in Accounting and Financial Management
Semester 2 (60 CATS) Accounting and Performance Management in Public-Sector and Not-For-Profit Organisations
Management Accounting and Control
Research Methods and Techniques
Plus choose one from:
Money and Banking
Semester 3 (60 CATS) Route 1
Traditional Dissertation (100%)
Auditing and Accountability (25%)
Ethics and Governance (25%)
Critical literature review (50%)
People teaching you
Queen's Management School
My research focuses on organisational and accounting change, including accounting information systems change. I also conduct some research in the area of accounting history and accounting in family business. From a theoretical perspective, I draw mainly on institutional theory, organisational routines and change frameworks in my research.
This Masters programme provides the basis for both profession- and research-orientated careers, as well as skills and knowledge required to progress into management careers in the accounting and financial services. It opens a wide range of career opportunities in banking, accounting and auditing, government, corporate finance, investment analysis and academia.
Queen's postgraduates reap exceptional benefits. Unique initiatives, such as Degree Plus and Researcher Plus bolster our commitment to employability, while innovative leadership and executive programmes alongside sterling integration with business experts helps our students gain key leadership positions both nationally and internationally.
Learning and Teaching
Learning opportunities associated with this course are outlined below:
The development of transferable skills will shape the teaching and learning on the programme. The successful completion of coursework, for instance, will require students to gather information from a range of sources, as well as select and assimilate the relevant knowledge and complete tasks within deadlines.
You will also acquire the ability to write projects and an MSc dissertation, which aims at developing the skills of reading and summarising academic articles. The students will be able to analyse financial statements, apply investment strategies and understand the role of accounting in both profit and not-for-profit organisations.
Assessments associated with the course are outlined below:
A variety of methods, including individual and group work, presentations, case studies, class tests and dissertation will be used. Both summative and formative assessment methods are adopted throughout all modules, which span from practical computer based work, to class tests, group and individual presentations and academic essays.
You will have access to Bloomberg terminals in the FinTrU Trading Room, giving students the skills, experience and knowledge necessary to prepare them for a career in the financial services sector.
Normally a 2.1 Honours degree in a relevant subject (Accounting or Finance based) or equivalent qualification acceptable to the University.
Exceptional applicants with degrees in Engineering, Mathematics, Management, Economics or other relevant subjects can also be considered. All applicants must have sufficient relevant knowledge of and/or experience in basic Accounting.
For information on international qualification equivalents, please check the specific information for your country.
English Language Requirements
Evidence of an IELTS* score of 6.5, with not less than 5.5 in any component, or an equivalent qualification acceptable to the University is required. *Taken within the last 2 years.
International students wishing to apply to Queen's University Belfast (and for whom English is not their first language), must be able to demonstrate their proficiency in English in order to benefit fully from their course of study or research. Non-EEA nationals must also satisfy UK Visas and Immigration (UKVI) immigration requirements for English language for visa purposes.
For more information on English Language requirements for EEA and non-EEA nationals see: www.qub.ac.uk/EnglishLanguageReqs.
If you need to improve your English language skills before you enter this degree programme, INTO Queen's University Belfast offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for admission to this degree.
As a result of the COVID-19 pandemic, we will be offering Academic English and Pre-sessional courses online only from June to September 2020.
- Academic English: an intensive English language and study skills course for successful university study at degree level
- Pre-sessional English: a short intensive academic English course for students starting a degree programme at Queen's University Belfast and who need to improve their English.
INTO - English Language Course(QSIS ELEMENT IS EMPTY)
Fees and Funding
Northern Ireland (NI) £6,900 England, Scotland or Wales (GB) £6,900 Other (non-UK) EU £6,900 International £20,900
MSc (T) Accounting and Finance
All tuition fees quoted are for the academic year 2020-21. Tuition fees will be subject to an annual inflationary increase, unless explicitly stated otherwise.
Additional course costs
Depending on the programme of study, there may be extra costs which are not covered by tuition fees, which students will need to consider when planning their studies.
Students can borrow books and access online learning resources from any Queen's library. If students wish to purchase recommended texts, rather than borrow them from the University Library, prices per text can range from £30 to £100. Students should also budget between £30 to £75 per year for photocopying, memory sticks and printing charges.
Students undertaking a period of work placement or study abroad, as either a compulsory or optional part of their programme, should be aware that they will have to fund additional travel and living costs.
If a programme includes a major project or dissertation, there may be costs associated with transport, accommodation and/or materials. The amount will depend on the project chosen. There may also be additional costs for printing and binding.
Students may wish to consider purchasing an electronic device; costs will vary depending on the specification of the model chosen.
There are also additional charges for graduation ceremonies, examination resits and library fines.
Accounting and Finance costs
There are no specific additional course costs associated with this programme.
How do I fund my study?
The Department for the Economy will provide a tuition fee loan of up to £5,500 per NI / EU student for postgraduate study. Tuition fee loan information.
A postgraduate loans system in the UK offers government-backed student loans of up to £10,609 for taught and research Masters courses in all subject areas. Criteria, eligibility, repayment and application information are available on the UK government website.
Information on scholarships for international students, is available at http://www.qub.ac.uk/International/International-students/International-scholarships/.
How to Apply
Terms and Conditions
The terms and conditions that apply when you accept an offer of a place at the University on a taught programme of study.
Queen's University Belfast Terms and Conditions.
Fees and Funding