Accounting and Financial Management MSc 2021/22 entry

Course code:

FBLT041

Study options:

1 year full-time
2 years part-time
Variable (with prof experience)

Location:

Coventry University

Starting:

September 2021

 

Fees:

£14,250 | £18,250 (with prof. experience)

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:

+44 (0) 24 7765 4321
Request information

Course code:

FBLT041

Study options:

1 year full-time
2 years part-time
Variable (with prof experience)

Location:

Coventry University

Starting:

September 2021

 

Fees:

£17,900 | £21,900 (with prof experience)

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:

+44 (0) 24 7765 4321
Request information

Course code:

FBLT041

Study options:

1 year full-time
2 years part-time
Variable (with prof experience)

Location:

Coventry University

Starting:

September 2021

 

Fees:

£17,900 | £21,900 (with prof experience)

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:

+44 (0) 24 7765 4321
Request information

Overview

Does the idea of managing budgets get you excited? Explore how finance and business work together and how you can effectively manage them both.

This Accounting and Financial Management t Master’s course is designed for those seeking higher level education and the opportunity to gain a solid foundation in functional accounting and contemporary finance topics, with the course aiming to improve your capability and understanding in the business world.

Broad in its scope, this course is underpinned by practice-led learning designed to provide an overview of accounting and finance as it is actually applied in the world of business, ideal for those seeking managerial positions or budgetary responsibility. You will explore how financial markets operate and the financial strategies used by successful businesses, drawing on real-life case studies of companies and their financial accounts.

By studying at Coventry Business School, you will have access to our Trading Floor, currently one of the largest of its kind in Europe, as well as access to industry-standard software for quantitative financial analysis (subject to availability). You’ll also have the opportunity to study a module, Global Professional Development – Consultancy , accredited by the Chartered Management Institute, which could help to develop your skills in management and leadership. Please see the Accreditation and Professional Recognition tab for further information.

Professional experience option

This master's programme provides you with the additional option to apply for a professional experience opportunity during your first semester with us. The professional experience opportunity is designed to further develop your skills and knowledge with the aim of maximising your employability prospects.

Please note that the optional professional experience modules incur an additional tuition fee, which for 1 semester of professional experience is £1,333.33, for 2 semesters of professional experience is £2,666.67, and for 3 semesters of professional experience is £4,000.

Professional experience opportunities are not guaranteed, and while you will be responsible for sourcing any opportunity, you will have the support of our Talent Team in doing so. This is subject to competitive application, availability, meeting any applicable visa requirements and additional costs may apply. Find out more about the professional experience option or use our enquiry forms for UK and for EU/International students to ask any questions.

Why Coventry University?

An award-winning university, we are committed to providing our students with the best possible experience. We continue to invest in both our facilities and our innovative approach to education. Our students benefit from industry-relevant teaching, and resources and support designed to help them succeed. These range from our modern library and computing facilities to dedicated careers advice and our impressive Students’ Union activities.

COVID-19

The University may deliver certain contact hours and assessments via emerging online technologies and methods across all courses. In response to the Covid-19 pandemic, we are prepared for courses due to start in or after the 2020/2021 academic year to be delivered in a variety of forms. The form of delivery will be determined in accordance with Government and Public Health guidance. Whether on campus or online, our key priority is staff and student safety.

Due to the ongoing restrictions relating to Covid-19, some facilities (including some teaching and learning spaces) and some non-academic offerings (particularly in relation to international experiences), may vary from those advertised and may have reduced availability or restrictions on their use.

Global ready

An international outlook, with global opportunities

Employability

Career-ready graduates, with the skills to succeed

Student experience

All the support you need, in a top student city

Accreditation and Professional Recognition

This course is accredited and recognised by the following bodies:

Chartered Management Institute (CMI)

Chartered Management Institute (CMI)

The course currently includes the Chartered Management Institute (CMI) accredited module, Global Professional Development - Consultancy. Students who successfully complete the CMI module and meet the CMI evidence requirements will also gain a Level 7 Certificate in Strategic Leadership and Management and a Level 7 Award in Professional Consulting. This will enable you to apply for Chartered Manager status via the qualified route, once all CMI entry criteria have been met (please visit the CMI website for full details on the criteria to qualify as a Chartered Manager and applicable fees).

Coventry University’s accreditation with CMI is currently ongoing for the relevant modules, but is frequently reviewed and monitored by the CMI through their quality systems. If any changes occur with respect to our accreditation related to these modules, we will seek to notify applicants and students as soon as possible.


Chartered Financial Analyst (CFA)

Chartered Financial Analyst (CFA)

This course is currently part of the Chartered Financial Analyst Institute’s University Affiliation Program (CFA), recognising that the course curriculum is closely tied to the practice of investment management and aims to help students prepare for the CFA Program exams (please note that taking CFA exams is subject to availability and additional fees apply).

This course is recognised by the Chartered Financial Analyst Institute’s for the 2021/22 intake. If the recognition of this course were to change, we would seek to notify applicants and students as soon as possible.

European Foundation for Management Development (EFMD)

European Foundation for Management Development (EFMD)

Coventry Business School is currently an active member of the European Foundation for Management Development, a global membership organisation dedicated to management development, covering over 900 members across 91 countries. There is currently no intention for this membership to lapse however if this membership is not renewed we would notify applicants and students as soon as possible.


Chartered Association of Business Schools (CABS)

Chartered Association of Business Schools (CABS)

Coventry Business School is currently an active member of the Chartered Association of Business Schools, which has a membership of over 120 business schools and higher education providers, and supports its members in maintaining world-class standards of teaching and research. There is currently no intention for this membership to lapse however if this membership is not renewed we would notify applicants and students as soon as possible.

Chartered Insurance Institute

Chartered Insurance Institute

This course is recognised by the Chartered Insurance Institute (CII), allowing students the opportunity to gain exemptions from some professional examinations (please note that taking CII exams is subject to availability, competitive application, meeting any visa requirements and additional fees may apply).

This course is currently recognised by the CII for the 2021/22 intake. If the recognition of changes, we would seek to notify applicants and students as soon as possible.

Course information

Financial management is a fundamental part of the decision-making, planning and control of any business, organisation, charity or enterprise. Successful management of working capital, selection and control of new capital investment opportunities and long-term financing requires an understanding of the scope and effects of the capital markets for a company and the strategic planning processes necessary to manage the long and short-term financial activities of a firm.

A key advantage of our Master’s course is the broad base of knowledge covered across both disciplines of accounting and finance. Our modules have been carefully selected to try to help you understand how global businesses use financial information for decision-making, performance evaluation and financial reporting purposes, exploring background knowledge of the external forces that can affect financial performance, such as heightened competition or fluctuating exchange rates.

During your study of financial reporting and interpretation, for example, we will introduce you to relevant accounting concepts and International Financial Reporting Standards (IFRS), in particular those relevant to group accounting, which aims to provide you with a comprehensive understanding of the content and purpose of published financial statements produced by public limited companies.

While the depth of course content is not sufficient to provide membership to professional bodies the quantitative methods we teach are designed to be based on the requirements of the main accountancy bodies, encompassing statistical analysis, presentation and spreadsheet manipulation. We will help you explore the skills necessary to critically analyse and interpret financial statements and become aware of their limitations, giving due consideration to the accounting treatment of intangible non-current assets, the problems in attaching monetary values to these and how this impacts on the quality of financial statements.

This course can be offered on a part-time basis, with study over two years. Whilst we would like to give you all the information about our part-time offering here, it is tailored for each course each year depending on the number of part-time applicants. Therefore, the part-time teaching arrangements vary. You can make an enquiry about part-time study using our online forms, for UK and for EU/International students.

Course Specification
Download PDF

Modules

Overview

As well as practical exercises, which should enable you to put theory into practice, we will draw on real-life studies to examine business strategy in action. Wherever possible, we also consider relevant financial issues making headlines throughout the world, discussing controversial issues in corporate finance to try to encourage you to develop a questioning and critical approach. All modules are mandatory. Please note that the semester structures listed for semesters 1 and 2 are indicative only. Modules may be delivered in either semester 1 or 2 depending on resourcing requirements and which cohort a student is enrolled upon.

In Semester Three, you also have the opportunity to undertake a company internship as your final project and we will support you in finding a suitable placement (subject to availability, competitive application, meeting any applicable visa requirements and additional fees may apply). For example, in the past, one of our previous students undertook an internship with the Holiday Inn in Coventry, engaging in various departments within the company to try to gain an insight into business practice and analysing financial and operational data to explore a new business strategy.

In your final semester, you will also have the opportunity to study a module developed in partnership with the Chartered Management Institute (CMI), Global Professional Development - Consultancywhich, upon successful completion, can lead to a professional qualification upon successful completion, can lead to a professional qualification.

Coventry University’s partnership with CMI is currently ongoing for the relevant modules, but is frequently reviewed and monitored by the CMI through their quality systems. Whilst Coventry University hopes and anticipates that these reviews will continue to be successful, if they were to be unsuccessful, this relevant module in this course would no longer be accredited and we would notify applicants and students as soon as possible. Please see the Accreditation and Professional Recognition section for full details.

Without professional experience option


Semester 1
  • Financial Statement Analysis
  • Business Strategy
  • Corporate Finance
  • Quantitative Methods
Semester 2
  • Advanced Management Accounting
  • Auditing and Assurance
  • Governance, Accountability and Ethics/li>
  • Financial Risk Management
Semester 3
  • Global Professional Development Consultancy
  • Project

  • With professional experience option

    The professional experience opportunity enables you to apply in semester 1 for optional professional experience, that could be one, two or three semesters long, extending the duration of your Masters to either 16, 20 or 24 months. The professional experience provides an opportunity for you to develop expertise and experience in your chosen field with the aim of enhancing your employability upon graduation.

    Please note that the optional professional experience modules incur an additional tuition fee, which for 1 semester of professional experience is £1,333.33, for 2 semesters of professional experience is £2,666.67, and for 3 semesters of professional experience is £4,000. Professional experience opportunities may also be subject to additional costs, visa requirements being met, subject to availability and/or competitive application. Professional experience opportunities are not guaranteed but you could benefit from the support of our employability and placements team in trying to find and secure an opportunity.

    Semester 1
    • Financial Statement Analysis
    • Business Strategy
    • Corporate Finance
    • Quantitative Methods for Accounting
    Semester 2
    • Advanced Management Accounting
    • Auditing and Assurance
    • Governance Accountability and Ethics
    • Financial Risk Management
    Semester 3
    • Professional Experience (Part One)
    Semester 4
    • Professional Experience (Part Two)
    Semester 5
    • Professional Experience (Part Three)
    Semester 6
    • Global Professional Development Consultancy
    • Project

    We regularly review our course content, to make it relevant and current for the benefit of our students. For these reasons, course modules may be updated.

    In more detail...

    • Course is recognised by the Chartered Insurance Institute (CII), one of the UK’s leading professional financial organisations. See the Accreditation and Professional recognition section for full details.
    • Study at Coventry Business School, which was rated ‘excellent’ in 2019 by Eduniversal, an annual ranking of business schools in over 150 countries.
    • Opportunity to gain an industry recognized professional award by successfully completing the Chartered Management Institute module ‘Global Professional Development – Consultancy’. See the Accreditation and Professional Recognition section full details.
    • The chance to have a designated employment personal tutor to work with you throughout your course, to give guidance on placement opportunities and graduate roles.
    • Benefit from current academics with both professional and academic experience, including members of some of the leading professional bodies, including the Chartered Institute of Securities and Investment (CISI), British Accounting and Finance Association (BAFA) and the European Finance Association (EFA). Please note that staff are subject to change.
    • Outstanding facilities, including our Trading Floor, which features 42 dual screen Bloomberg terminals making it one of the largest academic trading floors in Europe.
    • Access to Coventry Business School’s Progress Coaches (subject to availability), who can help with academic issues, provide personal support and discuss career development.
    • Access to maths and statistics support from the University’s sigma centre, located next to Coventry Business School in the Lanchester Library, which is usually open for 50 hours across 6 days a week during term time.
    • Option to extend the course with embedded professional experience, through the professional experience pathway. Subject to requirements and fees. Find out more about professional experience in the Overview section.

    Facilities include our trading floor featuring 42 dual screen Bloomberg terminals.

    The main study themes are:

    • Quantitative methods: To familiarise you with the extensive range of statistical and mathematical techniques necessary to effectively analyse problems in the field of accounting. You will be introduced to the areas of descriptive and inferential statistics, sampling methods and hypothesis testing, simple and multiple regression analysis, experimental design, time series analysis and forecasting, optimisation techniques, and decision analysis in an applied context.
    • Auditing and assurance: Explore how to carry out an internal audit, assurance engagement and its role within a corporate governance framework. The aim is to develop an understanding of audit processes and their application in the context of external regulatory frameworks, together with the risks and organisational responses.
    • Corporate finance and business strategy: Aims to provide a firm foundation for understanding the link between corporate and financial strategy, exploring the techniques of strategic and financial analysis and evaluation available to companies, from which they will develop their strategic options, choices and business performance.

    The programme can be studied over one year full-time or over two years part-time.Whilst we would like to give you all the information about our part-time offering here, it is tailored for each course each year depending on the number of part-time applicants. Therefore, the part-time teaching arrangements vary. If you are interested in part-time study, please contact us using our online forms, for UK and for EU/International students.

    We also use a range of innovative practical exercises designed to reinforce the integrative nature of accounting assessment. For example, you may be tasked with preparing financial statements or develop a business strategy on behalf of a UK company with overseas subsidiaries, which requires knowledge of international corporate reporting, UK and overseas taxation and management reporting. 

    Coventry Business School has its own Trading Floor which has been designed to incorporate industry standard news, data, research and analytical tools into the teaching and learning environment. It is currently one of the largest Bloomberg powered academic trading floors in Europe, incorporating Bloomberg and Thomson Reuters’ Datastream software for teaching and research. The exposure to such facilities should give you a competitive edge in trading and related activities and past members of our student investment societies have participated in the UK Universities Trading Challenge.

    Teaching methods include: weekly lectures, small group seminars and tutorials. These sessions may be delivered through a combination of face-to-face teaching, individual and group tutorials and online classes and tutorials.

    Meet our staff

    Christopher Lees: Senior Lecturer in Accounting

    I am a CIPFA qualified accountant with experience working in the public sector at Dudley MBC, Birmingham City Council and the Central Birmingham Health Authority. Throughout my career I have been the accountant for Highways, Engineers and Environment, a Capital accountant, the Budget Controller for the Housing Revenue account and Capital Programme, and the accountant for a large trading account dealing with property repairs.

    This course will be assessed using a variety of methods which could vary depending upon the module. These include group presentations, reflective writing, written individual reports, written group reports, phase tests and examinations.

    The Coventry University Group assessment strategy ensures that our courses are fairly assessed and allows us to monitor student progression towards the achieving the intended learning outcomes. Assessments may include exams, individual assignments or group work elements.

    On successful completion, you will be able to:

    • Demonstrate critical thinking on the accounting and financial management conceptual, theoretical frameworks and assumptions behind.
    • Exercise sound judgments in the selection of different methods and approaches available to deal with complex accounting and financial management problems in modern business world.
    • Develop logical and coherent arguments.
    • Demonstrate diagnostic and decision-making skills in dealing with accounting and financial management problems.
    • Work out the implications of emerging accounting and finance issues and debates.
    • Use advanced mathematical and statistical techniques for financial and investment analysis. 
    • Select, retrieve and analyse relevant data and information from finance-related databases to solve practical problems, such as ratio analysis.
    • Design and conduct research in accounting and financial management using appropriate methodologies to advance knowledge in these areas.  

    We set out below the typical teaching contact hours that you will receive on this course. In addition to the contact hours below, we offer the opportunity to attend additional optional sessions, such as guest lectures (subject to availability), or to meet with staff during their advice and feedback hours.

    As an innovative and enterprising institution, the University may seek to utilise emerging technologies within the student experience. For all courses (whether on-campus, blended, or distance learning), the University may deliver certain contact hours and assessments via online technologies and methods.

    In your first and second semester, you will have around12 contact hours of teaching a week. The contact hours may be made up of a combination of face-to-face teaching, individual and group tutorials, and online classes and tutorials.

    A strong emphasis is placed on the Project module in your final semester and therefore the total teaching contact hours may be reduced.

    In addition, you will be expected to undertake a significant amount of further self-directed studying and revising in your own time each week, including some guided study using hand-outs, online activities etc.

    At Coventry Business School in 2018/19, over half of our students were from outside the UK and therefore you should have the opportunity to work in multinational teams during your studies, designed to help you learn about your fellow students’ cultures and build networks of friends throughout the world, who could even become your future business contacts.

    Furthermore, the Centre for Global Engagement (CGE) is Coventry University’s dedicated service that supports students’ international experience. Whether you are interested in studying abroad or would like to gain some work, volunteering or teaching experience in the UK, Europe or beyond*, CGE is here to make it a reality.

    While studying at Coventry University, you will also have the opportunity to join the Global Leaders Programme (subject to application and fees), which offers practical and exciting workshops designed to increase your global awareness, as well as the chance to hear from internationally renowned speakers, as well as much more. Please note opportunities are subject to availability, competitive application, meeting any applicable visa requirements and additional fees.

    *Please note that we are unable to guarantee any overseas opportunities and that any such opportunities referred to on this webpage may be subject to additional costs (e.g. travel, visas and accommodation etc.), competitive application, availability and/or meeting any applicable visa requirements. To ensure that you fully understand the requirements in this regard, please contact the International Office for further details if you are an EU or International student.

    Global ready

    Did you know we help more students travel internationally than any other UK university according to data from the experts in higher education data and analysis, HESA?

    In 2018/19, we were able to provide a total of 5,469 experiences abroad that lasted at least five days.

    Much of this travel is made possible through our Global Leaders Programme, which enables students to prepare for the challenges of the global employment market, as well as strengthening and developing their broader personal and professional skills.

    Explore our international experiences

    1st for

    international experiences

    Sending more students overseas than any other UK uni 2016/17


    5,469

    Student experiences

    The number of student trips abroad for at least 5 days in 2018/19


    12,000

    and counting

    The number of students we’ve helped travel internationally since 2016

    12

    global programmes

    As well as trips, we offer other opportunities like language courses


    Entry Requirements

    Applicants should hold a good honours degree 2.2 or above in a relevant academic discipline, such as business or finance related subjects. Applications from candidates with relevant experience will be considered on an individual basis. Please contact us to discuss the suitability of any relevant experience using our enquiry form for UK students.

    Please visit our page on European entry requirements for more information about specific country information.

    Applicants should hold a good honours degree 2.2 or above in a relevant academic discipline, such as business or finance related subjects. Applications from candidates with relevant experience will be considered on an individual basis. Please contact us to discuss the suitability of any relevant experience using our enquiry form for EU/International students.

    Following the UK’s exit from the European Union, EU students should be aware that there may be a change to UK laws following the UK’s exit in the coming years, this may change their student status, their eligibility to study part time, and/or their eligibility for student finance amongst other things. We will act in accordance with the UK’s laws in force from time to time.

    English as a Foreign Language:. This course requires IELTS of 6.5 overall, with no component lower than 5.5. Pre-sessional English is available if required.

    Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

    More detail

    Applicants should hold a good honours degree 2.2 or above in a relevant academic discipline, such as business or finance related subjects. Applications from candidates with relevant experience will be considered on an individual basis. Please contact us to discuss the suitability of any relevant experience using our enquiry form for EU/International students.

    Select your region to find detailed information about entry requirements:

    English as a Foreign Language: This course requires IELTS of 6.5 overall, with no component lower than 5.5. Pre-sessional English is available if required.

    Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

    More detail

    Tuition Fees

    We pride ourselves on offering competitive tuition fees which we review on an annual basis and offer a wide range of scholarships to support students with their studies. Course fees are calculated on the basis of what it costs to teach each course and we aim for total financial transparency.

    Starts

    Fee


    September 2021

    £14,250 | £18,250 (with prof. experience) (per year)


    Scholarships

    If you're a truly outstanding undergraduate candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional sports achievement and academic excellence.

    Starts

    Fee


    September 2021

    £17,900 | £21,900 (with prof experience) (per year)


    Scholarships

    If you're a truly exceptional candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional achievement and academic excellence.

    Starts

    Fee


    September 2021

    £17,900 | £21,900 (with prof experience) (per year)


    Scholarships

    If you're a truly exceptional candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional achievement and academic excellence.

    Course essentials - additional costs

    • This course may incur additional costs associated with any field trips, placements or work experience, study abroad opportunities or any other opportunity (whether required or optional), which could include (but is not limited to) travel, accommodation, activities and visas.

    EU student fees

    EU nationals starting in the 2020/21 academic year remain eligible for the same fees as home students and the same financial support. Financial support comes from Student Finance England, and covers undergraduate and postgraduate study for the duration of their course, providing they meet the residency requirement.

    For tuition fee loans

    EU nationals starting in the 2020/21 academic year must have resided in the European Economic Area (EEA) or Switzerland for the three years prior to the start of their course. The purpose of that three year residency should not have been mainly for the purpose of receiving full time education.

    For maintenance loans

    EU nationals starting in the 2020/21 academic year must have resided in the UK and Islands for the five years prior to the start of their course. The purpose of that five year residency should not have been mainly for the purpose of receiving full time education.

    Career prospects

    Graduate Immigration Route visa

    Based on current information from the UK Government, international students whose study extends beyond summer 2021 may be eligible for a visa under the UK Government’s Graduate Immigration Route, which will enable students to stay and work, or look for work, in the UK at any skill level for up to two (2) years. Check the most up to date guidance available to check your eligibility and any updates from the UK Government before making an application or enrolment decision.

    This Master’s course can act as an important stepping stone for those seeking positions with budget responsibility or senior management roles, upon successful completion.

    It can be useful for all types of personal and professional financial management, and on successful completion of the course it could become the catalyst for some students to pursue future careers in financial services as professional accountants, financial analysts and financial consultants, confirming their passion for this field before committing to study the more intensive professional accounting and finance qualifications.

    Graduates should also benefit from a wide range of desirable professional skills, including: team working; critical evaluation; self-directed learning; problem-solving; action planning and organising; written and oral communication; questioning and listening. The following personal qualities will also be addressed in each of the skills modules: achievement orientation; initiative and creativity; self-confidence; decisiveness; reflectiveness; adaptability and flexibility. Through the accredited Chartered Management Institute module, you will also have the opportunity to develop management and leadership skills, which, upon successful completion, could prove important as you progress into your career. Please see the Accreditation and Professional Recognition section for further details.

    Coventry University is committed to preparing you for your future career and giving you a competitive edge in the graduate job market. The University's Talent Team provide a wide range of support services to help you plan and prepare for your career.

    Where our graduates work

    Previous graduates have chosen to pursue further postgraduate study and gone on to work for companies in the banking sector such as China CITIC Bank and in aviation with Xin Xiang Aviation Industry Group.

    Disclaimer

    By accepting your offer of a place and enrolling with us, a Student Contract will be formed between you and the university. A copy of the 2020/21 Contract can be found here. The Contract details your rights and the obligations you will be bound by during your time as a student and contains the obligations that the university will owe to you. You should read the Contract before you accept an offer of a place and before you enrol at the university.

    The tuition fee for the course that is stated on the course webpage and in the prospectus for the first year of study will apply. We will review our tuition fees each year. For UK and EU students, if Parliament permit an increase in tuition fees, we may increase fees for each subsequent year of study in line with any such changes. Note that any increase is expected to be in line with inflation. Following the UK’s exit from the European Union, EU students should be aware that there may be a change to UK laws following the UK’s exit, this may change their student status, their eligibility to study part time, and/or their eligibility for student finance. We will act in accordance with the UK’s laws in force in relation to student tuition fees and finance from time to time.

    For International students the tuition fee that is stated on the course webpage and in the prospectus for the first year of study will apply. We will review our tuition fees each year. For international students, we may increase fees for each subsequent year of study but such increases will be no more than 5% above inflation.