Module Code
ACC7013
PLEASE NOTE: This course was previously known as MSc Accounting and Finance.
Are you ready to harness the power of data analytics while mastering accounting and finance? Do you want to combine cutting-edge analytical techniques with deep financial expertise under the guidance of leading academics? Our MSc in Accounting, Finance and Analytics at Queen's Business School offers professional recognition through exemptions from ACCA and CIMA/AICPA examinations while equipping you with today's most in-demand skills.
The programme provides you with:
1. Market-leading professional exemptions from the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accounting/ American Institute of Certified Public Accountants (CIMA/AICPA);
2. Enhanced employability through hands-on engagement with profession-relevant analytics tools and technologies, in a programme developed and delivered with employers;
3. A supportive and enriching student experience with high quality teaching and active engagement with contemporary research.
If that sounds like the future you want, the MSc in Accounting, Finance and Analytics in Queen’s Business School is the programme of choice for you. This programme is particularly relevant in today's data-driven business environment, where accounting and financial decisions need to be supported by accurate data analysis, predictive models, and strategic insights.
Queen’s University is ranked third in the UK for Graduate Prospects in Accounting and Finance (Times and Sunday Times Good University Guide 2024).
The MSc Accounting, Finance and Analytics offers students substantial exemptions from the professional examinations of the ACCA, the global body for professional accountants.
These include Business and Technology (BT), Management Accounting (MA), Financial Accounting (FA), Corporate and Business Law (LW), Audit and Assurance (AA), Financial Management (FM), Financial Reporting (FR) and Performance Management (PM).
For further information consult the ACCA exemptions calculator:
https://www.accaglobal.com/gb/en/help/exemptions-calculator.html
The MSc Accounting, Finance and Analytics offers full exemption from AICPA/CIMA’s Certificate and Operational levels, entering at the Management Level Case Study entry point, and with further exemptions available from E2, P2 and F2.
For further information consult the CIMA exemptions database:
https://www.cimaglobal.com/Starting-CIMA/Starting-CIMA/Exemptions/Exemption-Search/
Combining Accounting, Finance and Analytics:
This programme blends three pillars of Accounting, Finance, and Analytics. Students will gain a deep understanding of financial principles and accounting frameworks, while also mastering advanced data analysis skills that set them apart in a rapidly evolving market.
Analytics Integration:
In today’s fast-paced financial landscape, raw data alone is not enough. Students will learn how to analyse, interpret, and leverage data to make more accurate financial forecasts, assess risks, and identify profitable opportunities. Students will have use of software such as Stata, Excel, PowerBI, Matlab, Python, R and databases such as WRDS, Thomson One Banker, DataStream and Bloomberg.
The MSc Accounting, Finance and Analytics has been developed with employers, and will host employer engagement across its modules, including real life simulations in Business Games, assessment and delivering guest lectures and masterclasses - developing communication skills and confidence in professional environments. This is in addition to a Queen’s Business School Employability module which runs throughout the duration of the programme.
We are proud to be consistently highly ranked for graduate prospects in Accounting and Finance (Times and Sunday Times Good University Guide 2024).
The stunning and newly constructed 6,000 square metre Queen's Business School building, positioned beside the historic red-brick Riddel Hall, represents a significant advancement in educational facilities.
This state-of-the-art venue enhances both social and academic experiences through its comprehensive amenities, including a 250-seat tiered lecture space, a 120-seat Harvard-style theatre, and a cutting-edge 150-seat computer laboratory. The facility is further enriched by the inclusion of the FinTrU Trading Room, multiple collaborative breakout study areas, a welcoming café, and a dedicated Business Engagement and Employability Hub, all designed to foster innovation and professional development in a modern learning environment.
A dedicated team of Queen’s Business School Postgraduate Student Advisers will offer additional support as needed, including English language assistance, study skills classes, academic skills development, time and project management, and guidance on referencing and citation.
Read about student experiences at Queen's Business School, from local, national and international perspectives via the Student Experiences Blog.
https://www.qub.ac.uk/schools/queens-business-school/student-opportunities/student-experiences-blog/
“My Masters was an unforgettable memory - my first time studying abroad. During my studies I finished all ACCA exemption exams and got ‘The Association of Financial Mutuals’ first place in Ireland. I got a Distinction, drawing a fantastic end to my postgraduate study. Now I am working as Auditor in PwC in China.”
Boya Zhang
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Course content
The programme offers the opportunity to pursue appropriately advanced studies in accounting, finance and analytics, equipping students for careers in financial institutions, management consulting, and industry or the public sector.
In the first semester, students take the following four modules:
International Financial Accounting and Reporting
Contemporary Research Methods and Analysis
Corporate Finance
Business Technologies and Analytics
In the second semester, students take additional four modules:
Management Accounting for Decision Makers
Accounting for Sustainability
Advanced Business Technologies and Analytics
Money and Banking OR International Finance (Choose one)
In the third semester, students choose either a traditional Dissertation or Audit, Ethics and Capstone Project.
The modules included in the programme aim to develop capacities of critical thinking, logical reasoning and the ability to communicate, orally and in writing, on topics in accounting and finance.
The contents provided during the programme will also be useful to those who wish to pursue PhD studies in accounting and finance.
International Financial Accounting and Reporting
Focusing upon International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs), this module combines accounting theory with its practical application. The module enables students to evaluate and apply the principal conceptual issues in financial accounting and to develop their practical application of core international financial accounting and reporting concepts.
Contemporary Research Methods and Analysis
This module aims to deepen students’ understanding of quantitative and qualitative research methodologies applicable across accounting and finance. It focuses on integrating contemporary research methods with core statistical concepts and appropriate software, preparing students to undertake independent research and advanced professional roles.
Corporate Finance
The aim of the module is to provide a theoretical and practical understanding of core financial issues in a corporate setting. Students will be equipped with knowledge to critically evaluate payout policies, financing decisions, investment appraisal processes, and risk-management techniques.
Business Technologies and Analytics
This module provides students with an understanding of technologies affecting contemporary business from the view of the accounting/finance professional. The module combines understanding with practical application of profession-relevant technologies such as Excel and PowerBI to business scenarios. Employers and industry representatives will deliver software masterclasses.
Management Accounting for Decision Makers
The objective of this module is to develop extended knowledge and understanding of management accounting theories and techniques in order to help management in planning, decision-making and performance control in different business contexts. This module hosts Business Games where students interact with employers in real-life decision-making scenarios.
Accounting for Sustainability
Sustainability accounting plays a key role in helping businesses to contribute to the promotion of sustainable development in our society. This module draws on accounting research, case studies and current real issues faced by businesses and the public sector to provide students with a deeper understanding of the role that accounting plays in contributing to the achievement of sustainable development. The module will be delivered by academic staff supported by guest lecturers from practice to understand complex areas.
Advanced Business Technologies and Analytics
The aim of this module is to equip students with advanced practical knowledge of data analysis alongside conceptual understanding of emerging and disruptive technologies. This module gives students additional tools to analyse data beyond traditional analytics packages. These skills will prepare students to take on roles that require strategic data analysis in the context of accounting and finance. Employers and industry representatives will deliver guest lectures on emerging technologies.
Plus choose ONE from:
International Finance
This module details the complications and unique characteristics of finance that crosses a border. It covers subjects such as foreign exchange trading, exchange rate systems, and the real economic effects of capital flows.
Money and Banking
This module examines the theory of money and banking. The module content considers the main banking and monetary institutions and monetary policy.
Route 1 – Dissertation
The aim of the dissertation is to provide students with the skills needed for conducting theoretical and/or empirical research in accounting and finance.
OR
Route 2 – Audit, Ethics and Capstone Project
This route combines taught classes with additional professional exemptions and a final capstone project.
Auditing and Accountability (25%)
The aim of this element is to provide a theoretical and practical understanding of contemporary auditing and accountability issues in the private, public and not-for-profit sectors, including principles and techniques of auditing. Students will learn about the importance of concepts like compliance, internal control and management of risk in a globalising environment.
Ethics and Governance (25%)
The aim of this element is to provide an overall understanding of the complex and dynamic relationships between business corporations, their stakeholders (shareholders, employees, customers, suppliers etc.) and the society in which they operate. Students will learn about ethics and governance, the legal framework, governance of corporate risk, corporate social responsibility and sustainable development.
Successful completion of both audit and ethics elements above (with a minimum 50% score) is needed for exemption from Audit and Assurance (AA) from ACCA.
Capstone Project (50%)
This element requires data analysis plus delivery of a professional-quality report and presentation, including visualisations, to a professional audience (comprised of employer representatives). In this element, students will apply advanced analytics tools to real-world accounting and financial data, demonstrating mastery in transforming complex accounting and finance information into strategic business insights and communicating these to professional audience.
Queen’s Business School
Bibek has an MBA (with distinction) and a PhD in Finance. He currently teaches financial management and data analytics. His research interests include examining unstructured data to understand societal phenomena better.
Queen’s Business School
Enayet is an ACCA-certified accountant with a PhD. His research focuses on the textual analysis of corporate reports—specifically in auditing, risk disclosure, and sustainability—and also extends to behavioural accounting.
Queen’s Business School
Mohamed holds a PhD degree in Accounting and Finance from the University of Bristol. He is a Fellow of Higher Education Academy (FHEA). His teaching includes accounting and research methods. His research interests include market-based accounting research, corporate governance, corporate disclosures, corporate failure, textual analysis, and external auditing/internal controls.
Queen’s Business School
Xinwu teaches accounting and research methods. Her research interests include Sustainability Reporting, Integrated Reporting and Corporate Social Responsibility (CSR).
Queen’s Business School
Brenda has a background with a Big 4 firm, is a fellow of Chartered Accountants Ireland and teaches auditing, ethics, data analytics & modern technologies.
Queen’s Business School
Danielle is a Chartered Accountant and Head of Department for Accounting at QBS. Her teaching specialisms are accounting information systems, contemporary technologies and management accounting. Danielle's research interests include not-for-profit accountability and regulation, and the impact of disruptive technologies on the accountancy profession, and accounting education.
Queen's Business School
Martin is a CIMA member and has worked in several industrial roles. His teaching area is management accounting. His research focuses on organisational and accounting change, including accounting information systems change and historical accounting research.
Teaching Methods
Students will be able to apply and evaluate International Financial Reporting Standards and related frameworks, Management Accounting techniques relevant to multi-national enterprises and Finance concepts associated with the management of global risks. Students will evaluate contemporary global issues including sustainability and as relevant to accounting and finance.
Students will develop profession-relevant digital proficiency including use and evaluation of a range of technologies for manipulation of data and communication of findings, in addition to awareness of storage, control, security and ethical issues. This is developed through lab-based classes, group working and independent study.
Subject-specific skills will be developed through lectures, workshops, directed reading, group work and computer-based work. Didactic style approaches will be used to provide knowledge on frameworks, techniques and tools from practice and contemporary research. Flipped classroom techniques will be employed to ensure practical understanding of key concepts and relevant academic research, and the ability to apply and evaluate these. Students also work in groups (for example, discussions in class with scenario and role-based approaches, and in completing group assessments) and independently (for example, gathering and assimilating relevant information to complete tasks within agreed deadlines). Self-assessment and reflection are developed within portfolio and continuous assessment.
Assessments associated with the course are outlined below:
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.
https://www.qub.ac.uk/schools/queens-business-school/student-opportunities/fintru-trading-room/
The information below is intended as an example only, featuring module details for the current year of study (2025/26). Modules are reviewed on an annual basis and may be subject to future changes – revised details will be published through Programme Specifications ahead of each academic year.
Building on the foundational knowledge from ACC7011 Business Technologies and Analytics, the aim of this module is to equip students with conceptual understanding and advanced practical knowledge of data analysis to ensure that students remain competitive and relevant in a data-driven world. This module gives students additional tools to analyse data beyond traditional analytics packages. These skills will prepare students to take on roles that require strategic data analysis in the context of accounting and finance.
More specifically, students will learn to examine various structured, semi structured and unstructured data and convert such data into ‘analytics-ready’ data using appropriate packages. Participants will then learn to perform descriptive and predictive analyses of such analytics-ready data. In the process, students will learn to deal with different kinds of data from various sources including pictures, text, videos, numerical data etc. They will get hands-on experience of using advanced techniques to summarize the data and to glean meaningful information out of raw data. Additionally, this module provides students with advanced hands-on learning experience of analysing complex data sets. Students will build on statistical and econometric foundations and also apply advanced techniques to extract meaningful insights out of complex data for decision-making.
Additionally, and again building on the foundational knowledge from ACC7011 Business Technologies and Analytics, this module explores some of the most critical contemporary and emerging technologies impacting on the accounting function and the accountant’s role. The nature of this module allows for some fluidity in content as technologies develop, but these presently include Robotic Process Automation, Artificial Intelligence and Blockchain. The focus will be on discussing practical use cases in Accounting and Finance, opportunities and challenges of implementation and likely impact on the accounting function and the accountant’s role. Guest lecturers from the accountancy profession will support this, and the focus will be on developing critical skills in relation to these and future technologies.
On completion of this module students will be able to:
1. Apply analytics techniques to real-world business scenarios, using appropriate statistical packages to predict trends, classify data, or recommend action and exercise ethical standards in data analytics.
2. Communicate complex data analyses to diverse audiences, using data visualization techniques and storytelling to make data-driven insights accessible and compelling to stakeholders.
3. Critically evaluate the impact of contemporary and emerging technologies on accounting/finance and the dynamics of the technological environment.
4. Demonstrate understanding of core statistical concepts underlying research and analysis and apply this understanding using appropriate software.
Specifically, this module seeks to give students the ability to:
· Apply appropriate techniques to process data from different sources
· Demonstrate awareness of traditional statistical theory and learn apply this in advanced data analytics
· Apply advanced data analysis techniques
· Critique contemporary and emerging technologies relevant to the business environment
In addition to the learning outcomes listed, students will also develop the following non-subject specific
skills. These include:
· Critical thinking to analyse and evaluate information, concepts, and ideas in order to form reasoned judgments
· Solve problems by applying advanced analytical tools to real-world scenarios
· Work independently
· Digital proficiency
Coursework
100%
Examination
0%
Practical
0%
15
ACC7013
Spring
15 weeks
The aim of the module is to provide a theoretical and practical understanding of core financial management issues in a corporate setting. Students will be equipped with knowledge to critically evaluate payout policies, financing decisions, investment appraisal processes, and risk-management techniques.
On completion of this module, students will be able to:
• Appraise the role of financial management
• Evaluate the implications the economic environment can have on the financial management function
• Critically evaluate different sources of business finance
• Explore and apply the key techniques of investment appraisal
• Critically assess risk management techniques used in practice
• Apply business and asset valuation models
In addition to the module specific skills that are outlined above, students will also develop the following non-subject specific skills:
• the ability to synthesise and evaluate information/data from a variety of sources
• organisation and time management
• problem solving and critical analysis
Coursework
40%
Examination
60%
Practical
0%
15
ACC7004
Autumn
15 weeks
Audit, Ethics and Capstone Project (AECP) comprises three inter-related elements as follows:
Auditing & Accountability – 25% [15 CATS]
Ethics & Governance – 25% [15 CATS]
Capstone Project – 50% [30 CATS]
This module provides a theoretical and practical understanding of contemporary auditing, accountability, governance and ethics issues in the private, public and not-for-profit sectors. This includes principles and techniques of auditing, fundamentals of governance and business ethics. Students will learn the importance of concepts such as compliance, internal control and risk management in a global environment.
Building on the skills and knowledge gained in these and the requisite modules in Semesters 1 and 2, the Capstone Project component requires students to examine and analyse real world data and provide insights in the form of a structured report and presentation. This will develop students’ skills in conducting data analysis projects in accounting and finance, including data interpretation and visualisation, as well as developing critical thinking and written communication skills.
ELEMENT ONE: AUDITING & ACCOUNTABILITY
On completion of this element, students will be able to:
1. Critically evaluate auditing theory, research and practice
2. Appraise the concept of auditing and accountability, including the functions of audit, corporate governance, and the roles of internal and external audit within the audit framework and regulation
3. Illustrate the process involved in audit planning and risk assessment
4. Apply knowledge of internal controls and substantive audit testing to practical scenarios
5. Apply audit review and reporting procedures, including determining the appropriate audit opinion to deliver, in practical scenarios.
ELEMENT TWO: ETHICS & GOVERNANCE
On completion of this element, students will be able to:
1. Assess the objectives, relevance, and developments in corporate governance and business ethics.
2. Evaluate the regulatory framework and different models of corporate governance around the world;
3. Critically evaluate underlying theories relevant for governance and business ethics;
4. Critically appraise the role of the board with regard to business ethics and governance;
5. Critically examine the key concepts in use for the governance of corporate risk, corporate social responsibility, sustainability and triple bottom line
ELEMENT THREE: CAPSTONE PROJECT
On completion of this element, students will be able to:
1. Demonstrate proficiency in applying statistical and computational methods for data analysis
2. Critically assess the quality, reliability, and relevance of various data sources
3. Effectively interpret complex data analysis results and communicate findings to stakeholders through data visualisation and in verbal and written form
4. Support data analysis and recommendations with critical discussion of relevant literature
5. Apply data analysis in a broader context to solve complex, real-world problems
ELEMENT ONE: AUDITING & ACCOUNTABILITY
In addition to the learning outcomes listed, students will also develop the following non-subject specific skills:
• Inter-personal and oral presentational skills from working and presenting in groups
• Organisation and time management
• Critical thinking
• Problem solving
ELEMENT TWO: ETHICS & GOVERNANCE
In addition to the learning outcomes listed, students will also develop the following non-subject specific skills:
• Critically contrast arguments from a variety of sources (e.g. textbooks and journal articles);
• Inter-personal skills from working in groups; and
• Oral presentational skills from group presentations
ELEMENT THREE: CAPSTONE PROJECT
In addition to the learning outcomes listed, students will also develop the following non-subject specific skills:
• Ability to synthesise and evaluate information/data from a variety of sources,
• Ability to work independently,
• Organisation and time management,
• Problem solving and critical analysis
Coursework
100%
Examination
0%
Practical
0%
60
ACC7007
Summer
15 weeks
This module aims to deepen students’ understanding of quantitative and qualitative research methodologies applicable across accounting and finance. It focuses on integrating contemporary research methods with core statistical concepts and appropriate software, preparing students to undertake independent research and advanced professional roles.
The aims of this module are:
• To equip students with the ability to critically evaluate and apply a range of contemporary research methods.
• To develop proficiency in using statistical and computational tools for data analysis.
• To foster an understanding of how to design robust research projects that integrate both qualitative and quantitative methodologies.
• To enable students to critically appraise existing academic literature.
On completion of this module, students will be able to:
1. Develop research questions and designs for accounting and finance research.
2. Conduct a literature review of qualitative and quantitative accounting and finance research.
3. Critically discuss theoretical foundations relevant to accounting and finance research
In addition to the module specific skills that are outlined above, students will also develop the following non-subject specific skills:
• Analytical skills;
• Problem solving;
• Numerical skills;
• Communication skills.
Coursework
100%
Examination
0%
Practical
0%
15
ACC7002
Autumn
15 weeks
The objective of this module is to develop extended knowledge and understanding of management accounting theories and techniques in order to help management in planning, decision-making and performance control in different business contexts.
Initially, the module focuses on fundamental cost concepts and cost accumulation and assignment, including traditional and activity-based costing.
With a focus on decision making, it applies and evaluates techniques for accounting for uncertainty, performance management and strategic cost analysis. Budgeting and variance analysis are important topics for planning and performance control.
The module concludes by reflecting on emerging challenges and opportunities in management accounting, specifically the changing nature of the role facilitated by new technologies and reporting on sustainability.
At the end of this module, students will be able to:
• Apply traditional and contemporary cost allocation and ascertainment models to support decision making;
• Select, apply and interpret results from traditional and contemporary management accounting techniques for decision-making under different conditions;
• Apply the key concepts of budgeting and variance analysis to practical scenarios, and evaluate outputs for management control and decision making;
• Apply traditional and contemporary techniques of performance measurement and transfer pricing in divisionalised companies, and evaluate outputs for management control and decision making;
• Critically evaluate contemporary developments in, and behavioural implications of, management accounting.
The aims of this module are to:
• familiarise students with core concepts of management accounting and contemporary developments in management accounting;
• develop skills in both traditional and contemporary management accounting techniques to support decision making;
• enable students to evaluate the behavioural implications of management accounting systems on managers.
In addition to the module specific skills that are outlined above, students will also develop the following non-subject specific skills:
• Critically contrast arguments from a variety of sources (textbooks, journal articles, practitioner studies, etc.)
• Develop and enhance their abilities to engage in wider societal debates and respond to emerging challenges.
• Problem solving and challenging existing solutions.
Coursework
40%
Examination
60%
Practical
0%
15
ACC7003
Spring
15 weeks
This module will introduce students to current accounting guidelines that companies should use to pursue more sustainable development. This includes, but is not limited to, the International Financial Reporting Standards S1 and S2, the Task Force for Climate-related Disclosures, guidance on Scope 1, 2 and 3 emissions, and the Global Reporting Index. The module will detail what accounting, reporting, and accountability mean in the context of sustainable development within contemporary society. The module will discuss various theoretical and practical approaches to understanding accounting and sustainability
The module explores accounting for sustainability from both practical applications (i.e., tools and techniques) to cutting edge research across various areas. These areas may include (but are not limited to) the following:
• Accounting, sustainability, and UN Sustainable Development Goals
• Climate change and nature- related disclosures
• The development, and application of sustainability reporting
• Environmental, social, and governance (ESG) disclosures
• Sustainability reporting, assurance, and accountability
Teaching of practical aspects of sustainability accounting and reporting in areas such as those described will be largely through the use of contemporary academic research and practical case studies.
On completion of this module, students will be able to:
1. Describe and critically evaluate key aspects of sustainability accounting, reporting, and accountability in various contexts;
2. Appraise and critique sustainability accounting, reporting, and assurance techniques and common representations of accounts and accountability mechanisms;
3. Critically evaluate academic and professional perspectives on sustainability accounting, reporting, and accountability in broader contexts, both contemporary and historical;
4. Develop professional skills and knowledge needed to advance sustainability accounting, reporting, and accountability.
Students will develop and enhance key employability skills such as teamwork and collaboration, time management, oral and written communications skills, and critical thinking and problem-solving skills.
Coursework
100%
Examination
0%
Practical
0%
15
ACC7012
Spring
15 weeks
Focusing upon International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs), this module combines accounting theory with its practical application. The module seeks to provide participants with a firm grasp of the principal conceptual issues in financial accounting and to develop their practical appreciation of these concepts in the context of international financial accounting and reporting. The main areas covered are:
• The theory and practical application of international financial reporting standards to the preparation and presentation of the financial statements of single corporate entities
• The theory and practical application of international financial reporting standards to the preparation and presentation of group financial statements
• The analysis and interpretation of financial statements
• Recent developments in international financial accounting and reporting, including an awareness of the roles of the international accounting standards board and the european union, and their interrelationship with the financial reporting council in the development and setting of international financial reporting standards
At the end of this module, students will be able to:
• apply international financial reporting standards in the production and presentation of external financial reports and be familiar with alternative recognition rules and valuation bases;
• demonstrate an awareness of the main concepts and theories of international financial reporting currently engaging the attention of the academic community and the accounting profession within their broad economic, legal, social and professional environment;
• demonstrate an ability to integrate and evaluate information and data from a variety of sources and acknowledge appropriate references by taking a holistic approach to solving accounting problems;
• record, prepare, present and summarise financial transactions and other economic events;
In addition to the module specific skills that are outlined above, students will also develop the following non-subject specific skills:
• critically evaluate arguments and evidence from a variety of sources;
• analyse and draw reasoned conclusions concerning structured and, to a more limited extent, unstructured problems from a given set of data and from data which must be acquired by the participant;
• locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of sources; and
• use Information Technology in acquiring, analysing and communicating information, including the use of spreadsheets, word processing, the world-wide web and e-mail.
Coursework
40%
Examination
60%
Practical
0%
15
ACC7001
Autumn
15 weeks
This module provides students with an understanding of technologies affecting contemporary business from the view of the accounting/finance professional. The module combines understanding with practical application of technologies to business scenarios.
To put the module in context, the role of technology in contemporary business organisations is introduced. Specifically, the module will explore how technology has evolved from being a business support function to a having a fundamental role in business strategy and value creation, including appreciation of the risks of technology failures. Relatedly, the module outlines the changing role of accounting/finance professionals, including their role in planning, implementing and overseeing the information outputs, before utilising and communicating relevant insights.
As a result of the rise of technology, the impact that digital disruption is having on business and more specifically the finance function is explored, including changes to customers, competitors and data availability. A key topic is digital transformation – what it is, its historical context, why it is needed and how organisations can implement digital transformation to service in a digital environment, reflecting how the accounting/finance professional can help play a part of this journey. Several emerging technologies are introduced which are fundamental to digital transformation e.g., cloud computing, process automation, artificial intelligence, blockchain, augmented and virtual reality and the Internet of Things.
Data availability due to the rise of technology has presented opportunities and challenges for firms and its managers. This module will provide an understanding of the importance of Data Analytics within the Business Intelligence process. This will include a practical application of contemporary technologies with a focus on Data Analytics and Visualisation (such as MS Excel and PowerBI). Existing skills will be refreshed and enhanced, before the focus shifts to application of these skills, developing students’ ability to evaluate data, interpret it and communicate meaningful insights from it.
At the end of this module students will be able to:
1. Distinguish the effects of technology on the role of accounting/finance professionals versus the role of the accounting/finance professional in the development of technology in firms.
2. Outline and explain the technologies that affect business and accounting/finance, and the dynamics of the technological environment.
3. Demonstrate proficient use of current Data Analytics and Visualisation technologies, and the ability to interpret and communicate the outputs of these.
The aim of this module is to equip students with an understanding of technologies in the accounting and finance domain. Specifically, this module seeks to give students the ability to:
• Appreciate various technologies and the effects they have had, are having and will have on accounting and finance
• Understand how technologies affect the role and work of accounting/finance professionals
• Appreciate various data sources and understanding tools and techniques available to collate, analyse and communicate information.
In addition to the learning outcomes listed, students will also develop the following non-subject specific
skills. These include:
· Critical thinking to analyse and evaluate information, concepts, and ideas in order to form reasoned judgments
· Organisation and time management from working on a number of topics and assessments throughout the module
· Digital literacy skills through the use of different software
Coursework
100%
Examination
0%
Practical
0%
15
ACC7011
Autumn
15 weeks
The aim of the dissertation is to provide students with the skills needed for conducting theoretical and/or empirical research in accounting and finance.
At the conclusion of the dissertation, participants will be equipped to:
• write a well-structured dissertation,
• formulate research questions and/or hypotheses,
• conduct a critical review of the literature
• answer research questions or test hypotheses by using empirical studies, datasets, corporate reports or interviews,
• discuss findings, draw conclusions and identify the limitations of a study and its possible developments.
In addition to the learning outcomes, students will also develop the following non-subject specific skills:
• data compilation,
• ability to work independently,
• organisation and time management,
• problem solving and critical analysis.
Coursework
100%
Examination
0%
Practical
0%
60
ACC9090
Summer
15 weeks
The overall aim of the module is to provide students with an understanding of monetary and banking institutions.
The course has five constituent parts.
1. Firstly, we want to understand why banks exist and what functions they perform.
2. Secondly, we develop a theory of monetary institutions, and in so doing, we seek to examine the origins and evolution of money. This part of the course will be mainly theoretical because we examine monetary institutions under laissez-faire.
3. Thirdly, we examine government intervention in money by asking the question: what is the rationale for government intervention in money and banking? We will also examine the institution which has evolved to become the major player in the conduct of monetary policy – the central bank.
4. Fourthly, we will examine government intervention in banking institutions.
5. Fifthly, we will analyse bubbles and financial crises.
At the conclusion of the course participants will have an understanding of:-
• the role of banks as issuers of money;
• the history of monetary institutions and how this is relevant to understanding the sort of monetary regime that presently exists;
• why central banks act as they do;
• and be able to analyse the properties of alternative monetary regimes;
• the causes and consequences of bubbles and banking crises .
This module provides opportunities for the student to acquire or enhance the following skills:-
Subject-specific Skills
• The ability to construct arguments and exercise problem solving skills in the context of theories of finance and risk management
• The ability to read and evaluate finance and risk-related academic literature
• The ability to marry regulatory structure with the principles of risk sharing and risk mitigation
• Cognitive Skills
• Problem solving
• Logical reasoning
• Independent enquiry
• Critical evaluation and interpretation
• Self assessment and reflection
Transferable Skills
• The ability to synthesise information/data from a variety of sources including from databases, books, journal articles and the internet
• The preparation and communication of ideas in finance, information economics and risk management in both written and presentational forms
• The ability to work both independently and in groups
• Organisation and time management
• Problem solving and critical analysis
• Work-based skills; use of IT, including word-processing, email, internet and statistical/econometric/risk management packages
• The ability to communicate quantitative and qualitative information together with analysis, argument and commentary in a form appropriate to different intended audiences
Coursework
40%
Examination
60%
Practical
0%
15
FIN9003
Spring
15 weeks
The aims of this module are to:
(i) provide students with the conceptual and analytical framework required for understanding how international financial conditions influence the investment decision process;
(ii) provide students with the necessary theoretical and analytical tools which explain and forecast the exchange rate dynamics.
Areas to be covered include:
Foreign Exchange Markets
Organization of foreign exchange market; Currency quotes and prices; Bid-ask spread; Forward premium and discount.
Balance of Payment
Capital account; Current account; Official reserve account; Dynamics of balance of payment
Interest Rate Parity
Exchange rate system; Monetary union; Covered interest rate parity; Uncovered interest rate parity; Unbiasedness hypothesis; Hedging foreign currency transaction; Empirical evidence of interest rate parity.
Purchasing Power Parity
Price level; Purchasing power of a currency; Absolute PPP; Relative PPP; Empirical evidence of purchasing power parity.
International Equity and Debt Markets
Global sources of funds; World bond markets; International bank loans; World stock markets; International cross-listing and ADR.
International CAPM
International diversification; Risk and return of international investment; World CAPM; International CAPM; Integrated and segmented markets.
Cross-border Valuation
Adjusted net present value; Withholding tax and tax credits; Cross-border choice of cost of capital; Forecasting exchange rate in valuation.
Learning Outcomes
Upon successful completion of this module, students will:
1. analyze and discuss international macroeconomics and institutional environment
2. articulate determinants of foreign exchange rate and interpret the impact of economic events on foreign exchange rate
3. forecast foreign exchange rates with international parity conditions
4. discuss the operation of capital and foreign exchange markets
5. identify risks relating to exchange rate and develop risk management strategies
6. identify and describe methods of international capital raising
7. discuss, identify and evaluate foreign direct investment and its risk management
Skills
This module provides opportunities for the student to acquire or enhance the following skills:-
• Subject-specific skills
o Ability to critically evaluate the exchange rate movement
o Ability to critically read and evaluate finance academic literature
o Appreciation, construction and analysis of international financial models of practical risk situations
• Cognitive Skills
o Problem solving
o Logical reasoning
o Independent enquiry
o Critical evaluation and interpretation
o Self-assessment and reflection
• Transferable Skills
o The ability to synthesis information/data from a variety of sources
o Preparation and communication of ideas in both written and presentational forms
o Ability to work both independently and in groups
o Organization and Time Management
o Use of IT.
Coursework
40%
Examination
60%
Practical
0%
15
FIN9004
Spring
15 weeks
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Course content
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Entry requirements
A 2.2 Honours degree in Accounting and/or Finance or equivalent qualification acceptable to the University,
or
A 2.2 Honours degree or equivalent qualification acceptable to the University in Economics or Mathematics with a minimum of two relevant subjects from the core accounting subject list (as shown below) at a pass mark or international equivalent,
or
A 2.2 Honours degree or equivalent qualification acceptable to the University in Business, Commerce, Management, Law, or any other discipline with a minimum of five relevant subjects (as shown below) at a pass mark or international equivalent. At least two of these five must be from the core accounting subjects.
List of accepted subjects
• Core accounting subjects: Financial Accounting/Financial Reporting, Management/Cost Accounting, Finance/Financial Management, Auditing, Introduction to Accounting, Principles of Accounting, Advanced Accounting, Accounting Fundamentals, Corporate Accounting, Practical Accounting, Accounting for Managerial Decisions
• Other relevant subjects: Investment Analysis, Investment Management, Micro Economics, Macro Economics, Statistics, Mathematics, Mathematical Statistics, Financial Services, Financial Analysis, Financial Markets and Operations, Financial Services
Applicants are advised to apply as early as possible and ideally no later than 14th August 2026 for courses which commence in late September. In the event that any programme receives a high number of applications, the University reserves the right to close the application portal prior to the deadline stated on course finder. Notifications to this effect will appear on the application portal against the programme application page.
Please note: international applicants will be required to pay a deposit to secure a place on this course.
Our country/region pages include information on entry requirements, tuition fees, scholarships, student profiles, upcoming events and contacts for your country/region. Use the dropdown list below for specific information for your country/region.
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, Queen's University Belfast International Study Centre offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for admission to this degree.
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.
For further opportunities to enhance your studies and career prospects please see the school website.
https://www.qub.ac.uk/schools/queens-business-school/student-opportunities/
Graduate prospects from the MSc Accounting, Finance and Analytics are promising. Queen’s is ranked third in the UK for Graduate Prospects in Accounting and Finance (Times and Sunday Times Good University Guide 2024). Graduates from this programme’s predecessor (MSc Accounting and Finance) have secured roles with employers such as Bank of China, Deloitte, EY, KPMG, PwC, Allstate, and many others. Typical graduate roles include chartered and certified accountants, consultants, auditors and finance professionals.
https://www.qub.ac.uk/directorates/sgc/careers/
In addition to your degree programme, at Queen's you can have the opportunity to gain wider life, academic and employability skills. For example, placements, voluntary work, clubs, societies, sports and lots more. So not only do you graduate with a degree recognised from a world leading university, you'll have practical national and international experience plus a wider exposure to life overall. We call this Graduate Plus/Future Ready Award. It's what makes studying at Queen's University Belfast special.
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Entry Requirements
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Fees and Funding
Northern Ireland (NI) 1 | £8,950 |
Republic of Ireland (ROI) 2 | £8,950 |
England, Scotland or Wales (GB) 1 | £10,400 |
EU Other 3 | £26,500 (£6,000 discount, see T&Cs link below) |
International | £26,500 (£6,000 discount, see T&Cs link below) |
£6,000 Scholarship available for 2026 entry. Click this link to view the Terms and Conditions.
1EU citizens in the EU Settlement Scheme, with settled status, will be charged the NI or GB tuition fee based on where they are ordinarily resident. Students who are ROI nationals resident in GB will be charged the GB fee.
2 EU students who are ROI nationals resident in ROI are eligible for NI tuition fees.
3 EU Other students (excludes Republic of Ireland nationals living in GB, NI or ROI) are charged tuition fees in line with international fees.
All tuition fees quoted relate to a single year of study unless stated otherwise. Tuition fees will be subject to an annual inflationary increase, unless explicitly stated otherwise.
More information on postgraduate tuition fees.
Terms and Conditions for Postgraduate applications
1.1 Due to high demand, there is a deadline for applications.
1.2 International applicants will be required to pay a deposit to secure their place on the course. The current mandatory tuition fee deposit payment is £1000 International (Non- EU & EU except ROI).
1.3 This condition of offer is in addition to any academic or English language requirements.
Read the full terms and conditions at the link below:
https://www.qub.ac.uk/Study/postgraduate/tuition-fees/deposit-refunds-policy/
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.
The Department for the Economy will provide a tuition fee loan of up to £6,500 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 £11,836 for taught and research Masters courses in all subject areas (excluding Initial Teacher Education/PGCE, where undergraduate student finance is available). Criteria, eligibility, repayment and application information are available on the UK government website.
More information on funding options and financial assistance - please check this link regularly, even after you have submitted an application, as new scholarships may become available to you.
Information on scholarships for international students, is available at www.qub.ac.uk/Study/international-students/international-scholarships.
Apply using our online Queen's Portal and follow the step-by-step instructions on how to apply.
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.
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Fees and Funding