A career in the accounting sector requires a high level of understanding of both the theory and practice of accounting and finance and this specialist Masters' degree is aimed towards partly qualified accountants who want to combine their practical experience with further academic training. The course will develop your knowledge to higher levels and is aligned with professional body qualifications. It part-prepares you for undertaking further professional examinations in accounting.

Taught by our highly qualified staff who have considerable experience working in accounting and finance, this course will equip you with the skills necessary to gain high-level positions in the profession. There's also the option of a placement in the third semester of the standard full-time route, further boosting your employability.

You'll benefit from a wide range of extra-curricular activities including Academic skills for Finance, Accounting and Governance and Research Techniques, a range of Bloomberg-based activities, specialist visitor speakers, and expert symposiums and conferences. You'll take part in a residential weekend to discuss current events and specific problems affecting the accountancy field with academics and a visitor practitioner.

We're second in London for graduate prospects in Accounting & Finance (Complete University Guide 2019).

There is a fast track route available for fully qualified CCAB accountants; this route will take 10 months to complete and consists of two taught modules and a dissertation.

ACCA and CIMA exemptions

ACCA Exemptions

On completion of the course, you will be on a fast track to becoming ACCA qualified, and exempt from the following modules:

  • F1 - Accountant in Business
  • F2 - Management Accounting
  • F3 - Financial Accounting
  • F4 - Corporate and Business Law

CIMA Exemptions

On completion of the course, you will be eligible for the master’s gateway route. The Master’s gateway route is an accelerated entry route to the CIMA Professional Qualification and the individuals are required to take the CIMA Gateway Exam and get all 11 exemptions from certificate, operational and management level exams after successfully passing the CIMA Gateway Exam.

Subjects

  • BA1 Fundamentals of Business Economics
  • BA2 Fundamentals of Management Accounting
  • BA3 Fundamentals of Financial Accounting
  • BA4 Fundamentals of Ethics, Corporate Governance, and Business Law

Accreditations


Key course information - ordered by mode

Mode Duration Start Date Location
Part-time 30 months January; September Southwark Campus
Full-time 15 months January; September Southwark Campus
Full-time (fast track) 10 months January; September Southwark Campus
Full-time (with internship) 19 months January; September Southwark Campus

Modules

All modules are assessed by a mix of coursework, individual and group presentations and written exams. A typical taught module involves a total of 200 study hours (52 contact hours and 148 group and private study hours). The use of Bloomberg and Thomson-One Banker are embedded within modules.

Semester 1

  • Corporate Reporting
  • Business Analysis
  • Theories & Issues in Accounting and Finance

Semester 2

  • Advanced Corporate Reporting
  • Governance, Risk & Ethics
  • Research Design & Methods

Strategic Modules

  • Placement
  • Applied Dissertation
  • Dissertation

Employability

Graduates who possess a combination of an LSBU Masters degree and a professional accounting qualification are likely to be highly employable in senior positions in accounting and finance, not only in the UK but throughout the world.

Excellent career opportunities exist in accounting and finance. Recent graduates have secured positions in accounting firms, industry, banking, finance and commerce.

Employability skills events held by the Department include:

"My Employability event"

  • My dream job
  • Preparing CVs and cover letters
  • Using databases to research the company
  • IT qualifications for your CV
  • Preparing for interviews
  • Managing expectations
  • Internships

ACCA and CIMA exemptions

On completing this course, you will be on a fast track to becoming ACCA qualified, and exempt from the following exams:

  • F1 - Accountant in Business
  • F2 - Management Accounting
  • F3 - Financial Accounting
  • F4 - Corporate and Business Law

With the completion of the modules:

  • F5 Performance Management, Management Accounting (BAF-7-MAC)
  • F8 Audit and Assurance, Audit Risk (BAF-7-AUR)
  • F9 Financial Management, Corporate Financial Management (BAF-7-CFM)

CIMA Exemptions:

Graduates are eligible for the master’s gateway route or direct entry to the operational level objective tests

Subjects

  • BA1 Fundamentals of Business Economics
  • BA2 Fundamentals of Management Accounting
  • BA3 Fundamentals of Financial Accounting
  • BA4 Fundamentals of Ethics, Corporate Governance, and Business Law

Employability Service

We are the University of the Year for Graduate Employment for the second year in a row - The Times and Sunday Times Good University Guide 2018, 2019.

At LSBU, we want to set you up for a successful career. During your studies – and for two years after you graduate – you’ll have access to our Employability Service, which includes:

  • An online board where you can see a wide range of placements: part-time, full-time or voluntary. You can also drop in to see our Job Shop advisers, who are always available to help you take the next step in your search.
  • Our Careers Gym offering group workshops on CVs, interview techniques and finding work experience, as well as regular presentations from employers across a range of sectors.

Our Student Enterprise team can also help you start your own business and develop valuable entrepreneurial skills.

Professional links

According to the electives chosen, the programme will part prepare students for some of the professional examinations of the Association of Chartered Certified Accountants (ACCA), CIMA, ICAEW, and CISI.

Past guest lecturers:

  • Emmanouil Schizas, senior policy advisor for ACCA and Editor of ACCA's quarterly Global Economic Conditions Survey
  • Professor Chris Brewster, University of Reading

Other past events include:

"Customer Focus in Banking: How to implement it?"
Keynote speaker: Owen Woodley, Managing Director, Lloyds Bank Retail.
Panel: Mark Mullen, Chief Executive, First Direct & Head of UK Contact Centres; Paul Lynam, CEO, Secure Trust Bank; Ashleye Gunn, Consumers Association 'Which?'; Richard Goodman, Policy Director, Financial Ombudsman.
Chairman: Chris Skinner, Chair, the Financial Services Club

"Making Corporate Governance effective in banking"
Keynote speaker: Peter Swabey, Policy and Research Director, ICSA.
Panel: Prof. Andrew Chambers, International Internal Audit Standards Board; Mike Trippit, Director, Equity Research - Banks, Numis; Catherine Howarth, CEO, Share Action; Robert Hingley, Director of Investment Affairs, Association of British Insurers; Charles Middleton, CEO, Triodos Bank.
Chairman: Simon Osborne, CEO, ICSA

"Fixing our banks: What to fix and by whom?"

Participant Speakers:

  • Chris Skinner - Chairman – European Networking Forum. The Financial Services Club
  • A bank's perspective: Triodos Bank – Charles Middleton
  • Board of Directors and Shareholders' issues: ICSA – Patrick Gonsalves
  • Employees' issues: Unite. Finance & Legal – National Officer – Dominic Hook
  • Customer's issues: Which? Consumers Association. Head of Money Content – James Daley
  • Regulatory issues: Internal Audit Guidance for Financial Services, set up by the FSA and the Chartered Institute of Internal Auditors – Professor Andrew Chambers

The conference discussed the different stakeholders' perspectives about the changes that should be introduced in the banking system to deal effectively with the current crisis affecting financial institutions.


Centre of Excellence status is the IoEE’s (Institute of Enterprise and Entrepreneurs) flagship organisational accreditation for organisations that promote and deliver enterprise skills development – and is in recognition of the School’s entrepreneurial culture and leading-edge practice.

The Association of Chartered Certified Accountants (ACCA) was founded in 1904; the ACCA is the global body for professional accountants offering the Chartered Certified Accountant qualification

Placements

In addition to academic rigour, the Masters is highly oriented to support your professional development.

An optional placement in a relevant business area is available in the third semester of the full-time route. This will enhance your employability skills and apply accounting and finance theory to contemporary business practices.

If you take part in a placement, the dissertation may be linked to your placement experience. A placement is not currently offered on the part-time or fast track mode.

Facilities

Specialist industry software prepares our students with the digital skills that employers' value. Students on our programmes have access to Bloomberg, Thomson One Banker, SAGE, Blueprint, FAME, NVivo, and SPSS.

Teaching and learning

Participation and active learning is encouraged through workshops, seminars, case studies and student-led discussion. You'll also benefit from excellent learning materials and small class sizes, and receive training in the use of Bloomberg and Thomson-One Banker, and specialist software (SPSS and N-Vivo).

Entry requirements

Applicants are normally students who have completed:

  • At least a 2.2 Honours degree in a relevant subject area (e.g. accounting or finance); or
  • Fundamentals Level (Knowledge and Skills) of the ACCA professional examinations; or
  • Completion of the Operational and Managerial levels of CIMA examinations; or
  • the equivalent professional accountancy qualifications of an overseas accountancy body.
  • We welcome qualifications from around the world. English language qualifications for international students: IELTS score of 6.5.

Accreditation of Prior Learning

Applicants who have passed any of the following ACCA Professional Papers may be eligible to claim exemption from the equivalent course modules (up to a maximum of three modules) – P1 (Governance, Risk and Ethics), P2 (Corporate Reporting), P3 (Business Analysis) and P7 (Advanced Audit and Assurance).

Applicants may be required to attend for interview by the Course Director or Admissions Tutor.

Entry requirements for MSc Applied Accounting (Fast Track)

The Fast track route is available for fully qualified CCAB accountants (ACA, ACCA, CIPFA or CIMA). Other accountancy bodies will be considered on an individual basis.

Successful applicants will study two taught modules and complete a dissertation or business report.

Applicants may be required to attend for interview by the Course Director or Admissions Tutor.

How to apply

International students

International (non-Home/EU) applicants should follow our international how to apply guide.

Instructions for Home/EU applicants

Mode Duration Start Dates Application code Application mode
Full-time 15 months January; September 4547
Full-time (fast-track) 10 months January; September 4546 See below
Full-time (with internship) 2 years January; September 4571 See below
Part-time 30 months January; September 4545 See below

Postgraduate students and research students should apply through our dedicated application system. Full details of how to do this are supplied on our How to apply section for postgraduate students and our How to apply section for research students.

Accommodation

Students should apply for accommodation at London South Bank University (LSBU) as soon as possible, once we have made an offer of a place on one of our academic courses.

Finance

It's a good idea to think about how you'll pay university tuition and maintenance costs while you're still applying for a place to study. Remember – you don't need to wait for a confirmed place on a course to start applying for student finance.

Postgraduate Application Service

Book a session with one of our specialist Postgraduate Advisors. Over a one on one Advice Session, they'll advise you on postgraduate degrees at LSBU that match your interests and experience.

Prepare to start

We help our students prepare for university even before the semester starts. To find out when you should apply for your LSBU accommodation or student finance read How to apply tab for this course.

Enrolment and Induction

Enrolment takes place before you start your course. On completing the process, new students formally join the University. Enrolment consists of two stages: online, and your face-to-face enrolment meeting. The online process is an online data gathering exercise that you will complete yourself, then you will be invited to your face-to-face enrolment meeting.

In September, applicants who have accepted an unconditional offer to study at LSBU will be sent details of induction, which is when they are welcomed to the University and their School. Induction helps you get the best out of your university experience and makes sure you have all the tools to succeed in your studies.

Suggested reading

  • Alexander, Britton and Jorissen. (2011). International Financial Reporting & Analysis.5th edition. South Western - Cengage Learning.
  • Hillier, D, Ross S. A., Westerfield R. W., Jaffe J., Jordan, B. (2011). Corporate Finance, European Edition, McGraw-Hill,
  • Cottrell S. (2005). Critical Thinking Skills: Developing effective analysis and argument, Palgrave MacMillan, New York, New York, USA

You can find background material on current issues in accounting, investment and finance on the following websites:

  • www.ft.com
  • www.economist.com
  • www.bankofengland.co.uk
  • www.imf.org
  • www.cme.com
Program taught in:
English

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Last updated February 21, 2019
This course is Campus based
Start Date
Sept. 23, 2019
Jan. 27, 2020
Duration
10 - 30 
Part time
Full time
Price
10,120 GBP
Full-time UK/EU fee: £10,120; International fee: £14,765. Year 1 Part-time UK/EU fee: 3,866.67; International fee: £5,833.33
Deadline
By locations
By date
Start Date
Sept. 23, 2019
End Date
June 5, 2020
Application deadline
Start Date
Jan. 27, 2020
End Date
June 4, 2021
Application deadline

Sept. 23, 2019

Location
Application deadline
End Date
June 5, 2020

Jan. 27, 2020

Location
Application deadline
End Date
June 4, 2021