Strategic Management Control - Master's Programme in Accounting and Financial Management

Academic year 2023/2024

Photo for Strategic Management Control - Master's Programme in Accounting and Financial Management 2023/2024

In the Master's Programme in Accounting and Financial Management, specialising in Strategic Management Control, you will gain the skills you need to meet the growing demand for controllers, chief financial officers and consultants who can help organisations effectively manage their resources. This specialisation will prepare you for a successful career in the field, whether you pursue work in the private or public sector, start your own business or continue your academic pursuits.

Why this programme?

The Strategic Management Control specialisation is designed for those who plan to work or do research in the fields of management and controlling. You will study and analyse both the financial system and its organisational context, that is how to design and use management control systems to formulate and implement strategies.

Benefits include

  • A cutting-edge approach to digitisation and other management control topics through Uppsala University's collaboration with the Swedish Research School of Management and IT.
  • A curriculum that emphasises both practical training and a deep theoretical foundation.
  • Our comprehensive and varied instructional approach, including student-led discussions and close relationships with faculty members who are experts in the field.
  • An optional internship and the opportunity to study abroad at one of our partner universities.

The specialisation is run by the Department of Business Studies, home to leading researchers in the areas of corporate entrepreneurship, industrial marketing, institutional analysis, and international business. Furthermore, in the Department leading research is conducted in accounting, financing and strategic management control. You will also benefit from Sweden's stellar reputation for social responsibility.

Student profile

You have an interest in strategic business issues related to financial analysis and management. You thrive in an international environment with representatives from different academic, cultural and professional backgrounds.


The programme leads to a Master of Science in Business and Economics (120 credits) with Business Studies as the main field of study. If you choose to finish your studies after one year with a 15-credit thesis you will receive a Master of Science in Business and Economics (60 credits).

All specialisations of this programme

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Read the interview
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Name: Michelle Grönlund
From: Hammarland, Åland, Finland

What made you choose this programme and what did you study before?
– I chose this Master’s programme in Uppsala, partly because I did my Bachelor’s here, and partly because I like the setup of the programme. More specifically, I wanted the opportunity to do an internship for a full semester, which is why I decided on the programme in the end. I did my Bachelor’s in economics, I have two degrees; one in Accounting and Financial Management with a minor in Commercial law, and one in Economics with a Labour Economics Track, with a minor in German.

What is the best thing about studying at Uppsala University?
– The best thing about studying at Uppsala University is the opportunity you get to meet students from different fields, and access a great student life.

What has been most challenging?
– The most challenging for me, is to keep my nerves in check during exams. It doesn’t matter how much you’ve studied, or how well you know the material – I’m just as nervous every time. I usually try to calm down by starting my studies well in advance, not the night before, and watching a good movie or hitting the gym.

Tell us about student life!
– The student life in Uppsala is amazing. I’ve been active in a lot of committees and groups, such as in the Uppsala student union as a president for a group, a member of the University Board, and an elective representative on the council. I’ve been fortunate enough, thanks to my engagements, to attend a ball as an honorary attendee at Stockholm University, and the Nobel dinner and lunch at Uppsala Castle. It has been both rewarding on a personal level, as well as on a professional level regarding work experience.

What are your goals with your studies?
– My goal is to do well and get a good base for my future career.

What advice do you have for other students interested in applying for the same programme?
– My general tip is to start early with your studying for exams. Find tricks for how to remember things and mathematic formulas, and try to understand what you’re reading. And don’t let the fun activities in your student life take priority – that’s not why you’re studying. 

Three short questions!
Favourite place in Uppsala?
– Islandsbron (a bridge) by Fyrisån.

What is the best student tradition at Uppsala University?
– The choir “Allmänna sången” has a ball at the castle on Valborg, which is magical.

Where is the best place to study?
– The basement of Campus Ekonomikum, it’s perfect for quiet studies, group work, or pre-exam studying.

Autumn 2021

Register your interest


The programme follows a fixed study route, which means that the courses must be taken in the prescribed order. During your first and second semester, you will take courses with all the students in the Master's programme, covering business strategies, accounting theory, scientific methods and more - as well as courses specific to your Strategic Management Control specialisation. Course topics include controlling, financial management philosophies, and change management within organisations. If you choose to finish your studies after one year, you will instead complete a 15-credit Master's thesis.

In your third semester, you will choose elective courses at Uppsala University, take exchange studies at one of our partner universities outside Sweden, or do an internship at an organisation in your field.

You will spend the fourth and final semester writing your 30-credit Master's thesis. It is an in-depth study on a topic in the field of management control.

Courses within the programme

First semester

Strategy and contemporary issues, 15 credits

Accounting theory, 7.5 credits

Scientific methods in business research, 7.5 credits

Second semester

Financial statement analysis, 7.5 credits

The role and techniques of a controller/CFO, 7.5 credits

Management control philosophies, 7.5 credits

Leading and controlling organisational change, 7.5 credits

Third semester

Elective courses/Internship/International Exchange, 30 credits

Fourth semester

Master's thesis, 30 credits

Learning experience

You will benefit from a range of teaching methods designed to immerse you in the field of management control, including lectures, tutorials, seminars, and study groups. You will also learn from guest lecturers who are active innovators in their fields, and have the opportunity to lead your own discussions and seminars for a wider audience. The scheduled teaching only takes a small part of the weeks, which means you need to study a lot on your own outside the classroom and take responsibility for your own learning.

The programme is offered in Uppsala and all courses are taught in English.


The Strategic Management Control specialisation prepares you for a variety of roles in the field of organisational development - including controller, chief financial officer (CFO) and management consultant. Knowledge of the link between management control and organisational development is important to facilitate business development. You may choose to work in the private or public sector in the international job market or become an entrepreneur. The programme also lays a good foundation for further research studies.

Our alumni work at, for example:

  • KPMG
  • PwC
  • Nordea
  • Swedbank
  • Nordnet Bank AB
  • Swedish Financial Supervisory Authority
  • Vattenfall
  • Novacura
  • Samsung Electronics AB
  • Swedish Transport Administration

Career support

During your time as a student, UU Careers offers support and guidance. You have the opportunity to take part in a variety of activities and events that will prepare you for your future career. Learn more about UU Careers.


Please note that this information applies to the international admissions round only.

Below you will find details about eligibility requirements, selection criteria and tuition fees. For information on how to apply and what general documents you need to submit, check the application guide. Besides the general supporting documents that you must submit, you can also submit one programme-specific document: a GMAT test result.

A GMAT test result is not mandatory. If you choose to submit it, you need to submit a copy of your GMAT test result at Additionally, you also need to send a digital copy of the Official Score Report directly to Uppsala University. If you apply for more than one programme at Uppsala University, only one Report is needed. It may take up to a couple of weeks for the Report to reach us. The last day to send in supporting documents is also the deadline for us to receive the Reports. Please plan ahead and send your Report in time. We will only look at your GMAT total score. The test result must not be older than five years on the last day of application.

Applicants who do not hold a Bachelor's degree, but are registered for the last semester of a programme leading to such a degree, shall submit an official document from their current university stating a date of expected graduation and courses remaining before the application deadline of the Master's programme.

If you are in your final year of Bachelor's studies, the entry requirements for Bachelor's degree must be fulfilled no later than the start of the programme. You show that you fulfil the requirements by submitting a copy of your diploma and/or transcript. Read more in the application guide.

Strategic Management Control

120 credits

Autumn 2023, 100%, Campus

Location: Uppsala

Application deadline: 16 January 2023

Application code: UU-M2121 Application

Language of instruction: English


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

Proficiency in English equivalent to the Swedish upper secondary course English 6. This requirement can be met either by achieving the required score on an internationally recognised test, or by previous upper secondary or university studies in some countries. Detailed instructions on how to provide evidence of your English proficiency are available at

Selection: Students are selected based on:

  1. GMAT test result
  2. Higher education credits (maximum 285 credits)
Students with a GMAT test result have priority.

Tuition fee-paying students and non-paying students are admitted on the same grounds but in different selection groups.


If you are not a citizen of a European Union (EU) or European Economic Area (EEA) country, or Switzerland, you are required to pay application and tuition fees. Fees cover application and tuition only and do not cover accommodation, academic literature or the general cost of living. Read more about fees.

Application fee: SEK 900

Tuition fee, first semester: SEK 50,000

Tuition fee, total: SEK 200,000

Contact and further resources


For programme-specific information, please contact: Department of Business Studies, Study Counsellor

+46 18 471 13 73

Department of Business Studies

Ekonomikum Kyrkogårdsgatan 10, ingång C 751 20 UPPSALA

Box 513, 751 20 UPPSALA

018-471 1976

Programme start and registration


If you are admitted without conditions you register by sending an e-mail to stating that you intend to register on the programme, no later than 21 August.

Remember to include your name, personal number and what programme you are admitted to.

Registration for those admitted with conditions (AV, VI)

If you are admitted with conditions you register in two steps:

  1. Upload your degree diploma and complete transcription to your University Admission account, as soon as possible:
  2. Sending an e-mail to stating that you intend to register on the programme, no later than 21 August. As soon as the admission office have removed your conditions regarding Bachelor's degree you will be registered. Remember to include your name and what programme you are admitted to.

Registration for those who are required to pay tuition fee (SV)

If you are required to pay tuition fee, you need to pay the fee before you will be allowed to register on the courses.

  1. Pay your tuition fee. It must be received by Uppsala University no later than 1 June.

  2. Send an email to stating that you intend to register on the course no later than 21 August. Please include your name, p-number and what programme and track you are admitted to.

  3. If you could not show that you had payed your fee during step 2, you need to prove that no later than 28 August 08:00 CET. You do this by sending an email to

Last modified: 2022-10-27