|Full time||1 year||1–4 days per week||September 2016|
Enhance your career prospects with a course that equips you with the skills you need to gain high-level positions in the accounting and finance industries. We offer you practical experience of industry-standard methods, tools and data, set in a global context and taught by international staff.
"In certain City jobs, the ability to use Bloomberg terminals is as important as being able to use Microsoft Office." – Dr George Alexandrou, principal lecturer, Department of Accounting and Finance
During your Accounting and Finance MSc, you will develop your understanding of financial accounting, modelling and reporting, and how this integrates into a business environment. You will look at how theoretical and conceptual issues combine in the operational and practical activities of management accounting.
You will also look at the political, economic, social, technological, legal and environmental factors that influence an organisation's social responsibilities and how they integrate with a company's strategic decision-making processes. You will examine the core theories of finance and investment, and how they can be used in practical decision-making.
"Like for like, this is one of the top programmes in the UK... it was created, and is taught, by academics who have worked at leading international business schools as well as top global financial institutions." – Dr Mohammed Nurullah, course director
You will be assessed according to a combination of assignments, case studies, formal examinations and dissertation.
This course has been rated by the Eduniversal masters ranking 2015/16 as one of the best accounting and finance masters courses in western Europe.
"Much of my success is due to the excellent teaching and supervision of the academic staff at Kingston. Particular credit is given to my supervisor Dr Salma Ibrahim, who encouraged and guided me throughout my studies." Muhammad Tahir, Accounting and Finance MSc (with Distinction) graduate
"From my first phone call to arrange an interview with my present employer, it quickly became apparent that without my Accounting and Finance MA it was very unlikely that such a large investment bank would respond to my application." Matthew Spencer, UBS Warburg
Please note that this is an indicative list of modules and is not intended as a definitive list. Those listed here may also be a mixture of core and optional modules.
This module introduces financial accounting and financial management in a business context. It will provide you with a mix of practical know how as well as a theoretical underpinning. The module explains the principles for constructing the key financial statements that will allow you to produce financial statements from transaction records using double entry principles. You will also learn how to conduct an appraisal of an organisation's financial statements and look at companies' financial statements and their regulation.
The lectures for this module take an active learning approach that involves informal feedback through discussion and practice questions. The financial management section of this module gives you the skills to take a senior financial management position in a modern organisation.
This module will teach you how to understand and prepare management information to support decision making in an organisation. You will learn to calculate the costs associated with both manufacturing products and providing services, and their price. This module will expand your understanding of budgeting approaches and how budgets are produced. It also covers effective performance management systems, such as performance measures, to help with management-decision making.
Market-based accounting deals with the relationship between capital markets and accounting information. During this module, you will learn about important issues in empirical accounting research and then apply the underlying accounting and finance concepts in capital market settings. The module builds on the knowledge you will have gained in the Financial Accounting and Financial Management module, and provides the skills you will need for both the accounting and finance professions.
This is a core module which takes place in two parts during the first and second terms. Part one will give you an understanding of the numerical techniques used to help strategic decision-making in the business and finance world. It will give you the accounting, mathematical and statistical foundations you will need in accounting and finance over the course of your masters degree. Part two is about understanding research methodology, and the methods and skills that you will need to complete your research project over the summer.
This module will teach you about:
The corporate finance section will help develop your critical knowledge and understanding of the core theories and concepts in the field of corporate finance. It aims to develop your skills and ability to apply this knowledge and understanding in real corporate cases.
The financial statement analysis section will develop your critical knowledge and understanding of accounting principles, and enable you to analyse financial statements and reports using financial ratios and other metrics. You will assess corporate profitability and financial stability, and critically evaluate corporate reporting choices.
This module will be especially useful for students who are interested in careers in the corporate or financial services sectors, as well as those interested in working as financial advisers, consultants or analysts.
The module helps you develop a critical understanding of international risk management around foreign exchange and interest rates. It will focus on how firms use risk management techniques and source debt on the international financial markets.
This module will introduce you to the concept of auditing. It covers the theoretical frameworks as well as practical processes and techniques. Current regulation, legislation, corporate governance and ethics will also be covered. The module is assessed with one piece of coursework, a presentation and an examination.
This module looks at the general objectives of tax assessment and the types of tax that apply in the UK. At the end of the module you will be able to:
The module also covers ethical considerations and the administration of taxation.
This module deals with corporate financial reporting. It considers the principles and application of various reporting requirements and standards such as IFRSs, as well as alternative methods of accounting. The focus of the module then considers and evaluates financial reporting in a wider business and social context.
This module will begin in Semester 2, and is completed over the summer. It is an independent research project which you will work on with the supervision of an academic staff member with expertise in your chosen area. To complete this module you will need to identify an issue or problem to investigate, analyse the issue and structure your approach. You will need to examine relevant source material, carry out your own research (including the collection and analysis of original data, or you will need to analyse existing data in an original way) and produce an action-oriented report based on your findings.
You will have the opportunity to study a foreign language, free of charge, during your time at the University as part of the Kingston Language Scheme. Options currently include: Arabic, French, German, Italian, Japanese, Mandarin, Portuguese, Russian and Spanish.
Kingston Business School joins an elite group of the top 5 per cent of institutions worldwide awarded the prestigious AACSB accreditation.