Accounting and Finance - MSc

  • Level: Postgraduate Taught
  • Starting: September 2020
  • Study mode: Full Time
  • Course cost: £10,600 per year for UK/EU Full Time 2020 entry (view all fees)
  • Location: City Centre

Please note

This course and the information on this page is indicative based on the 2019/20 academic year. The final details for this course starting in 2020/21 may be subject to change and will be confirmed by the end of September 2019.

Looking to study a postgraduate accounting and finance course in Birmingham? Our MSc Accounting and Finance degree is accredited by Chartered Institute of Management Accountants (CIMA).

Taught by professionally qualified academics with a wealth of industrial and professional experience, this CIMA accredited Master's course focuses on the practical application of accountancy in the real world and theoretical aspects of related research with a clear objective of preparing you for a career in accountancy, finance or management. You can maximise your CIMA exemptions by choosing particular modules, and get prepared for the remaining final (external) CIMA exam(s) at the end of the course.

You can study ACCA with us (full or part-time) and then take the final, 60 credit dissertation module to gain the MSc award. Our status as a Platinum Approved Learning Partner reflects the quality of our course provision and teaching.

If you are already a CCAB or CIMA qualified accountant you have the option of seeking accreditation for prior learning experience (APLE) or simply topping up with the final, 60 credit dissertation module to gain the MSc award with our Masters Stage course.

Based at the University’s new campus in the UK’s second city, you’ll live and study in an exciting, vibrant environment and engage with local, national and international businesses.

What's covered in the course?

The course is highly flexible, allowing you to customise your degree to align more closely with a particular professional body or specialise in particular areas of accounting or finance. The flexible course explores a range of business disciplines, offers real world examples and case studies and is recognised by the major global professional bodies enabling fast track progression to internationally recognised professional accounting qualifications upon completion.

Why Choose Us?

  • Our accreditation from the Chartered Institute of Management Accountants (CIMA) helps boost your postgraduate qualification even more, giving you professional qualifications employers would be hard pressed to ignore.
  • Our accreditation allows us to offer an extensive list of CIMA exemptions, including all Management and Strategic level CIMA papers (excluding the case studies). We automatically offer tuition for the Final Strategic Case Study upon completion of your MSc (in November / December).
  • We also boast close links with CIMA, who offer our students reduced registration and exam fees, as well as full access to their support content, which includes webinars and online support.
  • The course offers a high level of flexibility in terms of your module choices.
  • Maximise your CIMA exemptions by choosing particular modules, and take only two external CIMA exams at the end of the course. Preparation for this (final case study) exam is included in the course.
  • If you are seeking to become a qualified accountant, you can take our ACCA course first (available full or part-time) and then only take the final 60 credit dissertation module to gain the full MSc Accounting and Finance degree. Our status as a Platinum Approved Learning Partner reflects the quality of our course provision and teaching.
  • If you are already a qualified ACCA or CCAB accountant, you need only take the final 60 credit dissertation module to gain the full MSc degree. 
  • The University is an active research centre, and the latest Research Excellence Framework 2014 report found that we’ve doubled the amount of staff producing internationally recognised research.
  • The course offers a recognised and respected programme of study around one of the business world’s key functions.

Find out more

Students outside Millennium Point

Open Days

Our next Open Day for this course will take place on Sunday 24 November. Register your interest and we'll send an email update nearer the time. Visit us to see our facilities and speak to our staff and students.

Book your place

This course is open to International students

*Postgraduate Taught Experience Survey 2016

Campus Tours - Postgraduate

Didn't make it to an Open Day? You still have the opportunity to come and see what our postgraduate courses have to offer. If you would like to enquire about campus tour availability, just drop us an email.

*DLHE Survey 2015/16

Course Accreditations

Chartered Institute of Management Accountants

Entry Requirements

You will need to demonstrate academic ability and technical capability in accounting and finance to be able to study on this programme. Consequently the entry requirements for the programme are as follows:

Essential Requirements
Typical Offers (UK Students)

A first or second class degree in Accountancy, Accounting and Finance or business related area with significant accounting related content from a UK institution or international equivalent. 

OR ACCA Papers F1-9 / CIMA Operational and Management Levels (or equivalent).

OR A full professional accountancy qualification (APEL may be available).

OR A pre-Master’s programme approved by Birmingham City University

Additional information for EU/International students
Essential

Applications from international applicants with equivalent qualifications are welcome. Please see your country page for further details on the equivalent qualifications we accept.

In additional to the academic entry requirements listed above, international and EU students will also require the qualifications detailed in this table.

English language requirements 2020/21
IELTS

6.0 overall with 5.5 minimum in all bands

If you do not meet the required IELTS score, you may be eligible for one of our pre-sessional English courses. Please note that you must have a Secure English Language Test (SELT) to study on the pre-sessional English course. More information.

Other accepted qualifications Visit our English language page
International Students

Entry requirements here

International Students

Don't meet our entry requirements? You could apply for courses at our International College.

Apply now

UK or EU students

Award Start Mode Duration Fees
MSc Sep 2020 FT 1 Year £10,600 per year Register your interest

International Students

Award Start Mode Duration Fees
MSc Sep 2020 FT 1 Year £12,800 per year Register your interest

The University reserves the right to increase fees in line with inflation based on the Retail Prices Index or to reflect changes in Government funding policies or changes agreed by Parliament up to a maximum of five per cent.

Top-Up to a Full MSc Degree

If you hold an ACCA, CCAB or CIMA qualification you may be eligible to be accredited 120 level 7 credits based on your previous learning. This means that you would be awarded this MSc Accounting and Finance qualification by successfully completing only the final 60 credit dissertation, via our MSc Accounting and Finance (Masters Stage) course.

This is charged at £3,300 for Home/EU students and £4,000 for International students. For more information and to find out if you are eligible to apply, please contact our Admissions team.

Additional costs

While there are no additional costs associated with purchasing text books, there may be other costs to you. If you are joining the course which has a professional body accreditation you may be required to pay membership or examination costs. For details of these costs, please click on the link below.

Based on the past experience of our students, you might find it helpful to set aside about £50 for each year of your studies for your personal stationery and study materials. All our students are provided with 100 free pages of printing each year to a maximum total value of £15.

Find additional costs for your course

Accommodation and living costs

The cost of accommodation and other living costs are not included within your course fees. More information on the cost of accommodation can be found in our accommodation pages.

Financial Support

We offer further information on possible postgraduate financial support. This includes the type of loans, grants and scholarships available both from the government and from Birmingham City University.

Did you know that you will soon be able to apply for a postgraduate loan of up to £10,906 for some courses and options?

Postgraduate loans

Modules

In order to complete this course a student must successfully complete one of the following CORE modules (totalling 60 credits):

Research Skills & Dissertation/Project
60 credits

This is an integrative module which is the culmination of your studies and it is designed to be developmental in nature. It enables you to develop a deeper understanding of methodological paradigms to enable you to develop a robust proposal and enable the successful completion of the dissertation/project.

OR

Integrated Strategic Case Study
60 credits

This module will immerse you in the business world developing your competencies in core accounting and finance skills, business acumen, leadership and people skills. You’ll recognise the need for all of these competencies at this strategic level.

In order to complete this course a student must successfully complete six of the following OPTIONAL modules (totalling 120 credits):

Project and Relationship Management
20 credits

This multi-faceted module requires you to explore the concept of managing strategic change through the use of a range of project management and leadership techniques. The module adopts a theory-led approach which considers both the hard and soft skills required by a project manager when managing organisational change.

Initially the topic of project management will be presented within a global environmental context, prior to integrating and focussing industry recognised project management techniques within an organisational setting. The theoretical and practical approach of this module illustrates the complexity that students can expect to find within a work-place setting. In order to help students unpick this uncertainty, theories around notions of change, systems thinking, leadership, relationship management and stakeholder theory will be explored.

Advanced Management Accounting
20 credits

This module primarily focusses upon how businesses operate within the long term and how they can be effectively managed and controlled. Content will build upon basic management accounting and costing techniques with which you will already be familiar from prior studies, taking a more strategic viewpoint and developing a critical appreciation for the subject area.

Corporate Reporting
20 credits

This module explores how to source long term finance to fund the operations of businesses and their capital investment strategies. It will build upon your existing financial accounting and reporting knowledge, exploring more complex aspects of group accounting and a wide range of advanced accounting standards.

International Tax Planning
20 credits

This module will develop your existing knowledge of international taxation and tax planning. It will consider the taxation legislation relevant to corporate enterprises and individuals in an international environment. It will introduce the major factors influencing the different tax systems worldwide. The module will also consider the taxation implications that Brexit may have. It will emphasise the critical appraisal of taxation policy and practice, and will entail writing reports, researching current issues and carrying out numerical computations.

Audit Theory and Practice
20 credits

This module covers all aspects of internal and external audit and assurance. It endeavours to bridge the divide between theory and practice by critically examining theory and research compared with international standards, procedures and practices in this global professional field.

Security Analysis and Portfolio Management
20 credits

The aim of the module is to provide you with a critical understanding of the principles and practice of personal and institutional portfolio management. The characteristics of the main types of investment asset are critically analysed in the context of wider investment portfolios. The emphasis is on investment planning in a generalised, rather than country specific format. The module contributes directly to the Finance pathway, providing a critical aspect of the finance specialism.

Strategic Management
20 credits

The purpose of the Strategic Management Project is to require you to investigate a significant business or management issue and to make recommendations for improvements in practice. It provides the opportunity for a progressively higher level of understanding, critical awareness, application and practice in relation to issues in strategic management. At the same time it requires the integration of concepts, models and techniques associated with strategic decision making in organisations.

Strategic Risk Management
20 credits

The module assumes that students have the basic knowledge of risk management concepts. It is design to review the risk management process and risk governance in organisations. It will provide the skills to identify and evaluate company’s or portfolio’s exposures to financial and non-financial risk factors in the business environment.

Numerical skills in the calculation and evaluation of value-at-risk (VaR) and other credit risks of investment positions or financial derivatives such as forward contracts, swaps and options. The module will also provide the opportunity to acquire the knowledge and skills of risk budgeting, the use of risk-adjusted return on capital, the use of credit derivatives in managing credit risk, Sharpe ratio and other methods of managing market risk.

Financial Strategy
20 credits

This module focuses upon the formulation and implementation of financial strategy to support the overall strategy of organisations. In addition to evaluating the financing requirements of differing organisations, you will consider the relative merits and drawbacks of alternative financing solutions and value investment opportunities for corporate entities including mergers and acquisitions.

Public Sector Financial Management
20 credits

This module is designed to help students critically understand financial management and reporting in a vital and complex part of the economy: the public sector. In this module students will explore how public sector entities raise finance and prepare budgets to deliver services. Issues of accountability will be evaluated and the frameworks in place in the UK and internationally to ensure public service organisations report effectively on their use of public funds will be appraised.

Global Finance
20 credits

Global finance is a constantly evolving subject that deals very much with real world issues such as the causes of exchange rate movements and the behaviour of international financial markets.

This module focuses on finance decision making in an international context and is designed to ensure that you are able to evaluate issues and problems in the area of global finance to a high academic level. It includes the foreign exchange rate behaviour, managing exchange rate risks and foreign investment issues faced by of modern companies.

 
All core modules are guaranteed to run. Optional modules will vary from year to year and the published list is indicative only.

Course Structure

The programme is designed to offer you the upmost flexibility, enabling you to customise your own pathway through the programme to specialise in particular areas of interest or align yourself more closely with a particular professional qualification.

During our specially designed induction programme you will be making informed decisions about the modules you study. In addition to a full briefing and the chance to discuss modules with academic staff you’ll have the chance to meet on a one to one basis with your personal tutor who will guide you through the process and assist you in making the best possible choices to meet your own aims. The programme itself will be delivered by experts in their related fields and is underpinned by cutting edge research into the subject area.

All modules will be delivered via a blended learning approach, mixing face to face with online activities and independent study. Whilst face to face sessions will vary in format including large and small group interactive sessions and workshops you will be expected to examine and research the material presented, question ideas and theories as well as challenging your tutors. You’ll be fully supported in engaging with these activities.

Modules will usually be assessed via a combination of examinations and coursework assignments to take account of the professional alignment of the programme and the need to develop a wide range of skills and competencies as you progress through the programme. You may be involved in writing reports, conducting presentations, developing project plans and drafting proposals.

The course and its pathways are aligned with the CIMA.

Alignment ensures our course remains fresh and relevant, while also providing valuable industry insight. 

Chartered Institute of Management Accountants
Chartered Institute of Management Accountants

CIMA is the largest professional body of management accountants in the world. We offer the most relevant accounting qualification for a career in business; something our 229,000 students and members in 176 countries are proud to be a part of.

Management accountants aren’t number crunchers – they are quite the opposite. You’ll find them in all types of organisations, in top positions, analysing trends and behaviours to make informed business decisions.

Every top 100 global brand employs CIMA students and members. They know the CIMA qualification equips people with the skills and knowledge they need to be truly successful in business. CIMA has the power to enhance your degree and improve your earning potential.

CIMA is the natural progression for people with finance and business degrees. If students have a degree in a relevant subject, they could be entitled to exam exemptions.

Find out more about the University to CIMA route.

CIMA's Grad Club

CIMA’s Grad Club is open to all UK students from any degree discipline and free to join. Grad club members will be the first to know about the latest graduate jobs and employer events and will also get exclusive access to industry updates, salary surveys, interview tips and more.

CIMA's My Jobs

CIMA works with a huge range of employers who will sponsor graduates to study the CIMA Professional Qualification. You can find the latest job vacancies on CIMA MY JOBS.

Further Study

Upon completion of your MSc, you could then continue your studies by undertaking a PhD. 

You will have the opportunity to go on relevant trips such as visiting the Bank of England and the London Stock Exchange. In the past, students have also visited established companies, such as Sadler’s Ales.

You’ll also gain valuable experience through our Employability Challenge Weeks, as well as our Leadership Challenge programme. Both give you the chance to apply your skills to innovative and exciting projects, industry talks and workshops. You’ll also receive guidance on how to complete application forms and how to write effective CVs

CIMA1

Chartered Institute of Management Accountants

CIMA is the largest professional body of management accountants in the world. We offer the most relevant accounting qualification for a career in business; something our 229,000 students and members in 176 countries are proud to be a part of.

Management accountants aren’t number crunchers – they are quite the opposite. You’ll find them in all types of organisations, in top positions, analysing trends and behaviours to make informed business decisions.

Every top 100 global brand employs CIMA students and members. They know the CIMA qualification equips people with the skills and knowledge they need to be truly successful in business. CIMA has the power to enhance your degree and improve your earning potential.

CIMA is the natural progression for people with finance and business degrees. If students have a degree in a relevant subject, they could be entitled to exam exemptions.

Find out more about the University to CIMA route.

CIMA's Grad Club

CIMA’s Grad Club is open to all UK students from any degree discipline and free to join. Grad club members will be the first to know about the latest graduate jobs and employer events and will also get exclusive access to industry updates, salary surveys, interview tips and more.

CIMA's My Jobs

CIMA works with a huge range of employers who will sponsor graduates to study the CIMA Professional Qualification. You can find the latest job vacancies on CIMA MY JOBS.

OpportUNIty

OpportUNIty Student Ambassador

OpportUNIty: Student Jobs on Campus ensures that our students are given a first opportunity to fill many part-time temporary positions within the University. This allows you to work while you study with us, fitting the job around your course commitments. By taking part in the scheme, you will gain valuable experiences and employability skills, enhancing your prospects in the job market.

It will also allow you to become more involved in University life by delivering, leading and supporting many aspects of the learning experience, from administration to research and mentoring roles.

What our graduates say

"The staff at the university have always been very supportive and encouraging. They were always ready to give time up for students to ensure they received the best support whether this was study related or not."

Sadia Shakil, MSc Accounting and Finance graduate

Birmingham City University is a vibrant and multicultural university in the heart of a modern and diverse city. We welcome many international students every year – there are currently students from more than 80 countries among our student community.

The University is conveniently placed, with Birmingham International Airport nearby and first-rate transport connections to London and the rest of the UK.

Our international pages contain a wealth of information for international students who are considering applying to study here, including:

Birmingham City University International College (BCUIC)

As a postgraduate course, you won't need to attend our International College.

If you are looking for an undergraduate course at Birmingham City University International College, click here.

Popular home countries

Our students come from around the world but our accountancy and finance course is most popular with international students from:

Curzon facilities eatery
Curzon facilities staircase
Curzon facilities student hub

Our Facilities

We are constantly investing in our estate and are currently in the process of spending £340 million on new learning facilities.

The Curzon Building

This course is based at our City Centre Campus – and specifically The Curzon Building, alongside other Social Sciences, Law, Business and English students.

The £63m building offers students a unique social learning space, including a dedicated student hub incorporating student support services, in the heart of Birmingham’s Eastside development.

The Business floors house an extensive number of IT facilities, breakout areas, and specialised rooms. The Marketing Link Agency is designed to replicate a modern marketing firm, allowing students to get real-life experience of working in the marketing sector. There is also the City Trading Room, which features state of the art stock market tracking equipment, keeping you up to date with all the financial comings and goings of the London Stock Exchange and Wall Street.

The Curzon building is also conveniently close to Birmingham’s business and financial centre, allowing for strong links between your studies and the real world.

The Curzon Building also features:

  • An impressive new library with access to over 65 million full text items and stunning views of Eastside City Park
  • Your Students’ Union which is located in a beautifully restored 19th century pub, The Eagle and Ball
  • A modern 300-seat food court with space to study and socialise
  • Brand new, accessible IT facilities with full Office365 for all students for free
  • Shared facilities with the wider campus including the recently opened Parkside Building and Millennium Point

"The MSc Accounting and Finance course is excellent preparation for life as a professional accountant."

Martin Beaver, Course Leader

Becky Bate

Senior Lecturer in Management Accounting

Becky Bates has a lot of experience in industry as an ACCA qualified accountant. She taught a variety of qualifications, including CIMA, ACCA, AAT and ICAEW in the private sector before coming to Birmingham City University in 2013.

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Cathy Sibley Profile Picture July 2016

Cathy Sibley

Senior Teaching Fellow

Cathy Sibley trained with M&S Financial Services before joining Kaplan as a senior lecturer. Prior to joining Birmingham City University, she became freelance in 2006, teaching, writing, marking and examining financial and corporate reporting for all professional qualifications (ACCA, CIMA, ICAEW and AAT).

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Helen Brain Profile Picture July 2016

Helen Brain

Senior Teaching Fellow

Helen is a CIPFA qualified accountant and began her career in public sector audit and assurance, conducting audit engagements for the NHS and local government clients. Upon leaving the Audit Commission she joined KPMG, one of the 'big four' accountancy firms, as an Assistant Manager.

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Karampritt Kaila Profile Picture July 2016

Karampritt Kaila

Senior Lecturer

Karampritt Kaila is a Qualified Chartered Accountant (ACA) who trained with Deloitte in corporate tax. Karampritt teaches and marks ACA, ACCA and CIMA as well as undergraduate courses.

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Martin Beaver Profile Picture July 2016

Martin Beaver

Senior Lecturer

Martin has worked in the utility industry for over 25 years, where he worked in all aspects of Information Systems, from strategy through to operational running.

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Steve Harris

Senior Lecturer Business Operations and Strategy

Steve Harris has previously worked for Lafarge as both a design draughtsman and quality controller in their manufacturing plant, and then went on to work as an aircraft engineering manager within the Royal Air Force. His research interests currently include business sustainable enterprise and leadership identity. 

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Vijay Ramachandran Profile Picture July 2016

Vijay Kumar Ramachandran

Senior Lecturer

Vijay Ramachandran has vast professional practice experience dealing with different types of business sectors and entities including small medium enterprises, charities, trusts, mainstream sporting organisations, public and private schools, synagogues and medium-sized enterprises.

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