Accounting and Finance MSc – 2022 entry

Key information

Start date: February 2022

Full-time: 1 year

Start date: October 2022

Full-time: 1 year

Part-time: 2 years

Why choose this course

Accountants and finance professionals help us to navigate the wide and complicated world of business.

Our MSc Accounting and Finance course is taught by Surrey Business School. You'll graduate equipped with the skills needed to work in multinational corporations and be a successful decision-maker in an increasingly complex global financial environment. This course is practical in nature and will encourage you to embrace regular opportunities to engage with real business problems throughout your studies.

We're ranked in the top 10 for business and economics in the UK by the Times Higher Education World University Rankings 2020.

A week in the life of a postgraduate Surrey Business School student

What you will study

You’ll gain a solid understanding of popular financial and management accounting systems and how they are applied in decision-making.

You’ll learn econometric techniques and take modules in the foundations of accounting and finance, equipping you with the skills and knowledge to thrive in today’s ever-changing global business environment.

The core modules of this course explore both industry-relevant theory and the quantitative techniques you’ll need to understand related literature and carry out empirical investigations.

Exam exemptions from accountancy bodies

Graduates of the MSc Accounting and Finance course can apply for examination exemptions from several accountancy bodies, such as: ACCA, CIMA, and ICAEW. This can be done directly through the individual professional organisation’s website, on successful completion of the course.

Entry level exemptions for the ACCA and ACA accountancy professional bodies: When you complete this one-year course, you'll have the opportunity to apply for some exemptions from ACCA and ACA, giving you a head start with the accreditation process.

Significant CIMA exemptions: on successful completion of your studies, you'll qualify for numerous exemptions from CIMA, the Management Accountancy Chartered body.

Apply for CFA funding (one level exam)

If you’re interested in gaining the CFA titular qualification, you'll have the chance to apply for a part-funded CFA scholarship.

Professional recognition

MSc - Association to Advance Collegiate Schools of Business (AACSB)
Accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Careers and graduate prospects

We offer careers information, advice and guidance to all students whilst studying with us, which is extended to our alumni for three years after leaving the University. Our graduates have lifetime access to Surrey Pathfinder, our online portal for appointment and events bookings, jobs, placements and interactive development tools. 

This masters course gives you the opportunity to develop high-level skills, which open doors to many careers. We also provide an online employability hub, giving you access to extensive advice and guidance on how to take the next step in your chosen career.

Graduates in accounting and finance can pursue careers in many roles, for example:

  • Financial accountants
  • Management accountants
  • Financial managers
  • Financial advisers
  • Financial analysts
  • Auditors.

Academic year structure

Our course runs over three semesters. You'll take four modules in both Semester 1 (October to January) and Semester 2 (February to June). The summer semester, or Semester 3, runs from June to September. You’ll study two taught modules and carry out your independent project during this time.

Modules

Modules listed are indicative, reflecting the information available at the time of publication. Please note that modules may be subject to teaching availability, student demand and/or class size caps. 

Important: In light of the Covid-19 pandemic the University has revised its courses to incorporate the ‘Hybrid Learning Experience’ in a departure from previous academic years and previously published information. The University has changed the delivery (and in some cases the content) of its programmes. Further information on the general principles of hybrid learning can be found at: Hybrid learning experience | University of Surrey.

We have updated key module information regarding the pattern of assessment and overall student workload to inform student module choices. We are currently working on bringing remaining published information up to date to reflect current practice in time for the start of the academic year 2022/23 This means that some information within the programme and module catalogue will be subject to change. Current students are invited to contact their Programme Leader or Academic Hive with any questions relating to the information available.

The University operates a credit framework for all taught programmes based on a 15-credit tariff. Modules can be either 15, 30, 45, 75 and 120 credits, and additionally for some masters dissertations, 90 credits.

The structure of our programmes follows clear educational aims that are tailored to each programme. These are all outlined in the programme specifications which include further details such as the learning outcomes:

Optional modules for Year 1 (full-time) - FHEQ Level 7


OCTOBER START


First semester
(semester 1 according to the academic calendar) you will study these four compulsory modules (15 credits each):

MANM198 - PRINCIPLES OF ACCOUNTING
MANM097 - FOUNDATIONS OF FINANCE: FINANCE & INVESTMENTS
MANM280 - QUANTITATIVE METHODS
MANM398 - INTERNATIONAL AUDITING AND ASSURANCE


Second semester (semester 2 according to the academic calendar) you will study these two compulsory modules (15 credits each):

MANM201 - INTERNATIONAL FINANCIAL REPORTING
MANM401 - STRATEGIC MANAGEMENT ACCOUNTING

And you will need to choose TWO of the following optional modules (15 credits each) to study:

MANM137 - DERIVATIVES SECURITIES
MANM199 - CORPORATE FINANCE
MANM200 - INTERNATIONAL FINANCE
MANM202 - INTERNATIONAL CORPORATE GOVERNANCE
MANM279 - RISK MANAGEMENT


Summer period you will study the following three compulsory modules (15 credits each unless otherwise stated):

MANM378 - ETHICS IN FINANCE
MANM400 - CASES IN ACCOUNTING AND FINANCE
MANM399 - INTERNATIONAL ACCOUNTING AND FINANCE PROJECT (30 credits)


For key dates and semester lengths including the summer period visit: Key Dates



FEBRUARY START


First semester
(semester 2 according to the academic calendar) you will study these two compulsory modules (15 credits each):

MANM198 - PRINCIPLES OF ACCOUNTING
MANM097 - FOUNDATIONS OF FINANCE: FINANCE & INVESTMENTS

And you will need to choose TWO of the following optional modules (15 credits each):

MANM137 - DERIVATIVES SECURITIES
MANM199 - CORPORATE FINANCE
MANM200 - INTERNATIONAL FINANCE
MANM202 - INTERNATIONAL CORPORATE GOVERNANCE
MANM279 - RISK MANAGEMENT


Summer period you will study the following three compulsory modules (15 credits each unless otherwise stated):

MANM378 - ETHICS IN FINANCE
MANM400 - CASES IN ACCOUNTING AND FINANCE
MANM399 - INTERNATIONAL ACCOUNTING AND FINANCE PROJECT (30 credits)


Second semester (semester 1 according to the academic calendar) you will study these four compulsory modules (15 credits each):

MANM201 - INTERNATIONAL FINANCIAL REPORTING
MANM401 - STRATEGIC MANAGEMENT ACCOUNTING
MANM280 - QUANTITATIVE METHODS
MANM398 - INTERNATIONAL AUDITING AND ASSURANCE


For key dates and semester lengths including the summer period visit: Key Dates

Optional modules for Year 1 (part-time) - FHEQ Level 7



OCTOBER START

YEAR 1


First semester
(semester 1 according to the academic calendar) you will study these two compulsory modules (15 credits each):

MANM198 - PRINCIPLES OF ACCOUNTING
MANM097 - FOUNDATIONS OF FINANCE: FINANCE & INVESTMENTS


Second semester (semester 2 according to the academic calendar) you will study these two compulsory modules (15 credits each):

MANM401 - STRATEGIC MANAGEMENT ACCOUNTING
MANM201 - INTERNATIONAL FINANCIAL REPORTING


Summer period you will study the following compulsory module (15 credits):

MANM378 - ETHICS IN FINANCE


For key dates and semester lengths including the summer period visit: Key Dates

Optional modules for Year 2 (part-time) - FHEQ Level 7


YEAR 2

First semester
(semester 1 according to the academic calendar) you will study these two compulsory modules (15 credits each):

MANM280 - QUANTITATIVE METHODS
MANM398 - INTERNATIONAL AUDITING AND ASSURANCE


Second semester (semester 2 according to the academic calendar) you will choose TWO of the following optional modules (15 credits each):

MANM199 - CORPORATE FINANCE
MANM137 - DERIVATIVES SECURITIES
MANM200 - INTERNATIONAL FINANCE
MANM202 - INTERNATIONAL CORPORATE GOVERNANCE
MANM279 - RISK MANAGEMENT


Summer period you will study the following compulsory modules (15 credits each unless otherwise stated):

MANM399 - INTERNATIONAL ACCOUNTING AND FINANCE PROJECT (30 credits)
MANM400 - CASES IN ACCOUNTING AND FINANCE


For key dates and semester lengths including the summer period visit: Key Dates

Timetable

New students will receive their personalised timetable in Welcome Week, and in subsequent semesters, two weeks prior to the start of semester. Please note that while we make every effort to ensure that timetables are as student-friendly as possible, scheduled teaching can take place on any day of the week (Monday–Friday). Wednesday afternoons are normally reserved for sports and cultural activities. Part-time classes are normally scheduled on one or two days per week, details of which can be obtained from the Academic Hive. View our Timetabling Policy (PDF).

Contact hours

Contact hours can vary across our modules. Full details of the contact hours for each module are available from the University of Surrey's module catalogue. See the modules section for more information.

Entry requirements

A minimum of a 2:2 UK honours degree in either Accountancy, Banking, Business Administration, Economics, Finance, Management or Mathematics, or a recognised equivalent international qualification. We may be able to take relevant work experience into consideration if you don't meet these requirements. If you have at least one year of relevant experience in a full-time graduate-level role (or a minimum of two years’ experience in a relevant graduate-level part-time role) please provide full details of your role and responsibilities in your personal statement and CV when you submit your application.

International entry requirements by country

Do I meet the requirements for this course?

We require you to submit a full application so that we can formally assess whether you meet the criteria published. Unfortunately, we are unable to provide an outcome based on an enquiry (via email, webform enquiry, phone or live chat).

English language requirements

IELTS Academic: 6.5 overall with 6.0 in each element.

View the other English language qualifications that we accept.

If you do not currently meet the level required for your programme, we offer intensive pre-sessional English language courses, designed to take you to the level of English ability and skill required for your studies here.

Credit transfer

The University of Surrey recognises that many students enter their higher education course with valuable knowledge and skills developed through a range of professional, vocational and community contexts. If this applies to you, a process called recognition of prior learning (RPL) may allow you to enter your course at a point appropriate to your previous learning and experience, or to join the start of a course without the formal entry requirements. This means that you may be exempt from certain elements of study in the course for which you have applied and be awarded credit based on your previous qualifications/experience. There are restrictions on RPL for some courses and fees may be payable for certain claims. 

Please see the code of practice for recognition of prior learning and prior credit: taught programmes (PDF) for further information. Please email Admissions with any queries.

Fees

Start date: February 2022

Full-time - 1 year

UK £13,100

Overseas £20,200

Start date: October 2022

Full-time - 1 year

UK £13,500

Overseas £20,800

Part-time - 2 years

UK £6,800

Overseas £10,400

Please note:

  • These fees apply to students commencing study in the academic year 2022-23 only. Fees for new starters are reviewed annually.
  • If you are on a two-year or three-year part-time structured masters course, the annual fee is payable in Year 1 and Year 2 of the course.

View the list of fees for all postgraduate taught courses.

Additional costs

There are associated costs with this programme: 

Books/stationery/admin:

  • £35/£75 - STATA software licence (6 or 12 months)
  • £35 - Eviews student software licence (free lite version available).

Grand total: £70-110.

Funding

You may be able to borrow money to help pay your tuition fees and support you with your living costs. Find out more about postgraduate student finance.

Scholarships and bursaries


We're committed to making sure that we offer support for students who might need it.

Admission information

Our postgraduate admissions policy* provides the basis for admissions practice across the University and gives a framework for how we encourage, consider applications and admit students. You can also read our postgraduate applicant guidance.

Terms and conditions

When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our policies and regulations, and our terms and conditions. These terms and conditions are provided in two stages: first when we make an offer and second when students who have accepted their offers register to study at the University. View an example of our offer terms and conditions and our generic registration terms and conditions (PDF) as a guide as to what to expect.
 
Please note: our offer terms and conditions will generally be available in the September of the calendar year prior to the year in which you begin your studies. Our registration terms and conditions will vary to take into account specifics of your course and changes for the specific academic year.

Disclaimer

This online prospectus has been prepared and published in advance of the academic year to which it applies. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing, but changes (for example to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read more.

Further, in light of the COVID-19 pandemic, the University has had to change the delivery (and in some cases the content) of its programmes, together with certain University services and facilities for the academic year 2022/23. These changes include the implementation of a hybrid teaching approach during 2022/23.  Detailed information on all changes is available at our dedicated course changes webpage. This webpage sets out information relating to general University changes, and will also direct you to consider additional information relating to specific programmes.

Course location and contact details

Campus location

Stag Hill

Stag Hill is the University's main campus and where the majority of our courses are taught. 

University of Surrey Admissions
Contact Admissions Team
Address

University of Surrey
Guildford
Surrey GU2 7XH