Master’s studies

Syllabus for Master Programme in Accounting and Financial Management

Masterprogram i redovisning och finansiering

Entry Requirements


Academic requirements
A Bachelor's degree, equivalent to a Swedish Kandidatexamen, from an internationally recognised university.
Also required is 90 credits in business studies and 15 credits in statistics.

Language requirements
All applicants need to verify English language proficiency. This is normally attested by an internationally recognised test such as TOEFL or IELTS with the following minimum scores:

  • IELTS: an overall mark of 6.5 and no section below 5.5
  • TOEFL: Paper-based: Score of 4.5 (scale 1–6) in written test and a total score of 575. Internet-based: Score of 20 (scale 0–30) in written test and a total score of 90
  • Cambridge: CAE, CPE
Exemptions for students from certain countries.

Decisions and Guidelines

The Master Programme in Accounting and Financial Management is offered with three specialisations:

  • Financial Accounting
  • Management Control
  • Financial Management

Aim

The Master Programme in Accounting and Financial Management is a two-year education at advanced level at the Department of Business Studies. The programme is designed to prepare the student for positions at management level within private and public organisations, both nationally and internationally, or for an academic career. The programme is characterised by innovative thinking and progression and it is influenced by the research profiles of the department. After completing the programme, all Master's students should have obtained knowledge and skills that make them well suited for tasks focused on accounting and finance. In addition, each student will have gained specific expertise in one of the three specialisations offered within the programme.

Learning Outcomes

Knowledge and understanding
After participating in the programme the student will be able to:

  • demonstrate comprehensive knowledge in business studies through the use of interdisciplinary insights within the field of business studies
  • understand and apply the advanced knowledge gained within the chosen specialisation (Financial Accounting, Management Control or Financial Management)
  • demonstrate advanced knowledge of scientific methods, including qualitative and quantitative methods within the field of business studies
Skills and abilities
After participating in the programme the student will be able to:
  • in an independent, critical and creative way, identify, evaluate, and integrate information to analyse and provide solutions to complex problems and situations related to business studies, even with limited information
  • in an independent, critical and creative way identify and formulate problems, as well as plan, and by using appropriate methods, perform qualified tasks within given time limits, and thereby contribute to knowledge development, and demonstrate adequate reflection- and evaluation skills
  • communicate in English (written and orally) issues related to business studies with people within the business profession as well as with people without expertise in the area
  • participate in research and development work, or independently work in other advanced contexts
  • participate in and lead goal-oriented work within a project team, which means being able to collaborate with others, to undertake and manage different roles within a group, and to be able to plan and follow a coordinated schedule
  • analyse, initiate and participate in change processes
  • understand and apply control- systems and techniques and information technology
Judgement and approach
After participating in the programme the student will be able to:
  • demonstrate an ability to make judgements with regard to scientific, social and ethical aspects, and demonstrate an awareness of ethical aspects of research and development work
  • demonstrate an understanding of the possibilities and limitations of research, its role in society and the responsibility of the individual for how it is used
  • have the ability to identify the need for further knowledge in the field and take responsibility for keeping her/his personal knowledge up to date

Layout of the Programme

All students in the Master Programme take courses of 120 credits (including a thesis of 30 credits). The students take courses of 60 credits (including a thesis of 30 credits)  within the chosen specialisation and courses that are common for all students (30 credits). In addition, the programme includes one semester of elective courses of 30 credits.

During the first and second semester the students take courses that are mandatory and common for all students as well as courses specific for the chosen specialisation. During the third semester the students are given the opportunity to choose elective courses, join the international exchange programme and study abroad, or do an internship at a company or organisation. The final, fourth semester is devoted to thesis work, and to seminars in connection to this.

The programme follows a fixed syllabus, which means that the courses and semesters are to be studied in a set order.

Instruction

Progression within the Programme
During the programme, the student will obtain advanced knowledge in Financial Accounting, Management Control or Financial Management that complements the knowledge obtained at the Bachelor level. The student should also gradually acquire in-depth knowledge and obtain more advanced skills and training within the chosen specialisation. The knowledge will be acquired through independent studies, seminars and lectures, various forms of group assignments, as well as through individual work.

During the programme, the student should acquire the ability to analyse, plan, execute, and report scientific work. The student’s ability to analyse and apply theoretical knowledge in practice should continuously be developed. Increased autonomy will be obtained since the students during the education will take a greater responsibility for their own learning. Training in collaboration as well as oral and written communication will be gradually deepened. The student will gain an advanced understanding of seminar- and meeting culture. National as well as international contacts will be encouraged. Various forms of examination will be used throughout the programme. In the final thesis project, the student will demonstrate that he/she has achieved the aim of integrating more advanced knowledge in an independent and reflective way.

Degree

The programme leads to a Master of Science in Business and Economics 120 credits, including at least 90 credits at advanced level, and of these at least 60 credits in Business Studies including an independent project (thesis project) of at least 30 credits.

The programme can be completed with a Master of Science in Business and Economics 60 credits, including at least 45 credits at advanced level and of these at least 30 credits in Business Studies including an independent project (thesis project) of at least 15 credits. 
 

Other Directives

Students who do not hold the required degree, but are registered for the last semester of a programme leading to such a degree can apply for the programme. The entry requirements must be fulfilled when the semester starts.

The programme is taught in English. Proficiency in English is therefore required.

Students who intend to obtain a one-year Master's degree (Master of Science in Business and Economics 60 credits) during the second semester, should choose the course Master's Thesis (15 credits) for the second semester. These students are not allowed to take the remaining courses within the programme. 
 

Transitional Provisions

For students who began their studies in the Master Programme in Accounting, Auditing and Analysis (SRR2M) and the Master Programme in Business and Management (SFL2M) in any of the tracks Financial Management (FIM) or Management Controlling (MAC) before Autumn 2017 and wish to resume their studies after a granted study break, will be provided courses according to this syllabus.

Students in the Financial Management track will be offered courses within the specialisation Financial Management according to this syllabus. Students in the Management Controlling track will be offered courses within the specialisation Management Control according to this syllabus. Students in the Master Programme in Accounting, Auditing and Analysis (SRR2M)  will be offered courses within the specialisation Financial Accounting according to this syllabus.
 

Syllabus(es)

  • Latest syllabus (applies from Autumn 2017)