^#MSc in Professional Accountancy

The University of London (UoL) and the Association of Chartered Certified Accountants (ACCA) have developed a ground-breaking programme of study that allows you to complete the MSc in Professional Accountancy and your ACCA professional qualification at the same time.

This route to the ACCA qualification will be of value to accountants aspiring to senior roles and enable them to stand out from the crowd in terms of their qualifications. Compared with the cost of studying for an accountancy qualification and a master’s separately, this will save time and money for many ACCA students. The MSc modules are the first to be recognised by ACCA as counting towards the professional level of the ACCA qualification.

The MSc programme provides students with an opportunity to develop and apply master’s level knowledge, understanding and skills within accountancy and finance related content.

Who will benefit from this programme?

This prestigious master’s level qualification is open exclusively to ACCA students, affiliates and members.

ACCA full members can ‘top-up’ their professional qualification with this master’s degree by taking two modules. 

ACCA students who have passed the fundamentals level (F1 – F9)/ Applied Knowledge and Applied Skills papers of the ACCA qualification can opt to continue towards their ACCA qualification by using the master’s degree as an equivalent to two of their final ACCA papers (P4 and P5).

Lead College: University College London (UCL)

The School of Management at University College London is responsible for the academic direction.

The research performed in the School of Management over the last six years has been rated as “world-leading” in the Research Excellence Framework 2014, a system for assessing the quality of research in UK universities.

The School offers programmes in management, technology entrepreneurship, information management for business, management science and business analytics.

Preparatory Course for MSc in Professional Accountancy

Each preparatory course is of 60 hours with an aim to provide tuition support to students for studying the MSc in Professional Accountancy. Comprehensive online learning material is to be provided by UoL and this preparatory course will provide the essential face-to-face tuition teaching support.

Progression from the Postgraduate Certificate

On successful completion of the ACCA Professional level papers  SBL and SBR, the student will be eligible to transfer their registration to the MSc degree under Pathway 1. Accredited prior learning of 90 credits will be granted for ACCA papers SBL and SBR and the MSc will be awarded on satisfactory completion of two University of London option modules and the compulsory project.

ACCA CPD Units

One hour of learning equates to one CPD unit. Your studies could easily provide your full 40 units for one year. You can even carry forward 21 units to the next year.

Certificate for Module (Preparatory Course - Global Issues for the Finance Professional)

The programme introduces students to the dynamics of the global environment within which finance and accounting models are applied.

^# MSc in Professional Accountancy

Non-Local Higher and Professional Education (Regulation) Ordinance

This is an exempted course under the Non-local Higher and Professional Education (Regulation) Ordinance. It is a matter of discretion for individual employers to recognize any qualification to which this course may lead.

Application for this MSc programme with UoL

Applicants must submit an application in line with the procedures and deadlines set out on UoL's website. The ACCA Professional papers (P1 – P7) have been benchmarked at FHEQ level 7.

Certificate for Module (Preparatory Course - Global Issues for the Finance Professional)

On completion of the programme, students should be able to

1. Evaluate the impact of the Basel Accord, in relation to financial risk management and the financial operations and reporting by organisations.
2. Assess the role and impact of bond valuations and yields in the post-financial crisis world.
3. Compute issues relating to the corporate valuation and initial public offerings of global companies whose assets base involve significant intangibles (e.g. social media sites – Facebook, Twitter and Google).
4. Address issues impacting global mergers and acquisition activity.
5. Address issues affecting the convergence and divergence of the international harmonisation of accounting standards for financial reporting.
6. Identify selected topical issues in relation to sustainability like tax avoidance; and
7. Apply numeracy and quantitative skills in business management.

Syllabus

• Sustainability (including international tax avoidance)
• International harmonisation of accounting standards
• Financial risk management and the Basel Accord
• Required rates of return of post-financial crisis
• Global mergers and acquisitions
• Corporate valuation techniques for social media organisations

Teaching and Learning Activities

Lecture: 60 hours

Assessment

Coursework: One 3000-word assignment

Attendance Requirements

At least 70%

Award

Students who are able to satisfy both the attendance requirement (minimum 70%) and pass the programme assessment will be conferred a "Certificate for Module (Preparatory Course - Global Issues for the Finance Professional)".

• 60 hours per programme
  20 meeting(s)
  3 hours per meeting

• Course Fee : HK$9900 per module (Fees are reviewed annually and subject to change without prior notice. Mounting of each course is subject to sufficient enrolment and solely at the discretion of the School.)
• (Additional Costs - You will also need to budget for: )
• (1. Course Fee for University of London: Details please visit https://london.ac.uk/courses/professional-accountancy#fees)
• (2. Exams (Pathway 1, MSc/PGCert): exam centres charge a fee for hosting your exams.)
• (3. Preparatory Costs: if your most recent ACCA pass was over five years ago, you’ll need to complete an online preparation course.)