Master of Science in Accounting and Financial Management

University of London

Programme Overview

Academic Level
Academic Level


Awarded by
Awarded by

University of London, UK

Programme type
Programme type

Full-time, 1.5 years

Campus location
Campus location

Clementi Campus

Application Dates
Application Dates

Apply now till 31 July 2023 (local and international applicants)

Estimated Fees (incl. GST)
Estimated Fees

(incl. GST)*

S$39,490 to S$41,870

* All fees inclusive of current 8% GST (exclude textbooks / course materials, SIM application fee, preparatory / bridging course fee, and other fees). Fees will be subject to revised GST of 9% effective on 1 Jan 2024. Refer to GST Notes under Fees Tab for more information.

Programme Outline

Awarded & Developed by: University of London, UK and Developed by the Member Institution, University College London, UK

Stand out from the crowd

The Master of Science (MSc) in Accounting and Financial Management is a programme that is the result of a close partnership between The University of London and UCL School of Management.

This programme provides the students who are from non-financial industries with an opportunity to develop and apply Master's level knowledge, understanding and skills within an accounting, financial management and strategic context for business and management. It enables students to engage with and contribute meaningfully to financial decision making within their current or future organisation.

Who is this programme for?

As a full-time international student in Singapore, you get to live and experience life in vibrant Singapore, while studying at SIM. Besides classroom experiences, you will also undergo a series of workshops and learning trips to understand Singapore’s work culture and immerse yourself in Singapore’s unique multi-racial culture.

This programme prepares you for career advancements and opportunities globally.

For both full-time and part-time local students, you will have the opportunity to network and learn together with fellow professionals from different countries as well as to participate in the workshops and learning trips. The University’s Virtual Learning Environment (VLE) enables you to network with other professionals worldwide. You will be able to share perspectives, compare approaches and gain a truly global viewpoint and even career opportunities globally.

This programme is developed by UCL School of Management, UK and awarded by University of London, UK.


Learning Outcomes

Upon successful completion of this programme, you will be able to:

  1. Develop an understanding of financial ideas, models and techniques appropriate for solutions to management challenges.
  2. Understand and apply financial ideas and frameworks within the sphere of financial reporting, the arena of management accounting, and the field of financial management.
  3. Understand the strategic dimension when applying specific financial models and techniques to support both decision making and routine operations.
  4. Understand the complex internal and external relationships for organisations when management make decisions.
  5. Develop an analytical, critical and reflective mindset relating to financial matters.

Further Studies & Career Prospects

This programme is appropriate for those wishing to develop their knowledge of and exposure to technical elements of accounting and financial management and their applications within corporate life, both from operational and strategic perspectives.

Graduates will develop an understanding of the areas that financial managers would encounter on a daily basis, complemented by engagements with selected specialist issues. 

This programme will also benefit non-accounting / finance graduates to build a platform on which career opportunities may be based.

Hear from our students
A Summer To Remember
A Summer To Remember

University of London (UOL) students - Andrew Lee, Khairul Hafiz, Ruchira Nikam, Vishakha Raj and Suh Jungmin - studying at the Singapore Institute of Management (SIM), share their unforgettable experiences at the LSE Summer School 2022. 60 SIM-UOL students thronged the campus in London for three weeks and more. In fact, 25 spent six weeks (two sessions) and four spent nine weeks (three sessions). The icing on the cake was LSE’s announcement that they would allow named credit transfer and half credit transfer, much to the delight of students.

Read story

Why study at SIM x University of London

SIM is the leading private education institution in Singapore.
Excellent value with lower tuition costs in SIM.
Academic direction for this programme is provided by UCL, ranked 8th in the QS World University Rankings 2023 for the second consecutive year.
UCL is 2nd in UK for research power according to Research Excellence Framework 2021.
Learn more about the University of London

Intake Dates

2023 Oct intake


October 2023 intake
Full-time: Oct 2023 – Mar 2025 (1.5 years)


Full-time – October 2023 Intake
Local and International applicants: Now till 31 July 2023

Minimum / Maximum Candidature Period
Full-time: 1.5 years / 5 years

No refund or recourse should the student fail to complete within the maximum period.



  • All class are conducted on SIM campus unless otherwise stated.
  • Duration of each lesson is typically 3 hours. All lectures will be recorded and made available to students.
  • Programme comprises of the following activities:
    • Blended Lectures
    • Online Resources
    • Workshops
    • Consultations
  • Classes are taught by experienced lecturers from SIM.
    View a list of lecturers (PDF 361 KB)
  • There must be a minimum of 25 students for the programmes to commence. Students will be informed within one month prior to class commencement if the programme fails to commence due to low take up rate.

Assessment & Attendence

  • Online Tests / Coursework
  • Final Project
  • Attendance requirements:
    • Local (Singaporean, Singapore Permanent Resident and MOM work pass holder): 75%
    • International (includes Dependent Pass and Long Term Social Visit Pass): 90%

Requirements to Graduate

  • To attain the MSc in Accounting and Financial Management awarded by University of London and examined by University College London, students must successfully complete and pass all coursework and project.
  • Grading Scheme:
    • 70-100: Distinction
    • 60-69: Merit
    • 50-59: Pass
    • 0-49: Fail
  • A SIM presentation ceremony presided by the University of London Vice-Chancellor is held each year in April. Alternatively, students can choose to attend the graduation ceremony held in March or November in London.
  • On graduation, you become a member of the University of London Alumni Association. You may participate in our global events and meet other graduates in every professional field.
  • On successful completion of your studies, you will receive a University of London award. Your degree will state that you were registered with the University of London and the examinations were conducted by UCL.


The Master of Science in Accounting and Financial Management is a 180-credit programme. A student must complete:

  • 10 core modules (15 credits each)
  • 1 Capstone Project module (30 credits)
Modules Credits
Advanced Financial Analysis 15
Advanced Management Accounting 15
Analysing Risk for Decision Making 15
Capital Markets and Global Perspectives 15
Corporate Governance, Audit and Assurance 15
Financial Accounting Frameworks 15
Financial Management Essentials 15
Global Issues in Finance and Accounting 15
Issues in Investment Management 15
Management Accounting Frameworks 15
Capstone Project 30

Admission Criteria

Accepted Entry Qualifications

A Bachelor's degree at least comparable to a UK Upper Second class honours degree from an institution acceptable to the university, AND

English Language Requirements

IELTS: At least 6.5 overall with 6.0 in the written test or equivalent, achieved within the past three years.

  • Applicants who do not meet the English language requirement for admission, may enroll in the Pre-Sessional English Course (PSEC), awarded by the Singapore Institute of Management to supplement their English Language Proficiency.

Fees & Financial Aid

All fees inclusive of current 8% GST (exclude textbooks / course materials). Fees will be subject to revised GST of 9% effective on 1 Jan 2024.

GST Notes:

  • Fees published are inclusive of current GST of 8%. The parts of fees not invoiced, not paid and where services are not rendered in year 2022 are subject to the new GST rates effective on 1 Jan 2023 and 1 Jan 2024 respectively. Refer to IRAS website here for more details.
  • For invoice generated in 2022 for services to be rendered in 2023, if payment is collected by 2022, 7% GST will apply.
  • For invoice generated in 2022, if the payment is received in 2023 and service is rendered in 2023, 8% GST will apply. Credit note against original invoice and a new invoice bearing 8% GST will be issued.
  • For invoice generated in 2022 and service is rendered in 2022, if payment is collected in 2023 (i.e. late payment), 7% still applies.

Payment to SIM can be made through SIMConnect using Credit Card (Visa or Master), PayNow, eNETS, and OCBC Interest-free Instalment Plan (min. S$500).

Programme Fees

1a. Full-Time Oct 2023 intake for local application: S$39,490.00*

  • SIM programme fees, payable to SIM (incl. of GST): S$22,356.00
  • UOL registration fees, payable to UOL: £9,180^
  • UOL application fee, payable to UOL (one-time payment): £107

1b. Full-Time Oct 2023 intake for international application: S$41,870.00*

  • SIM programme fees, payable to SIM (incl. of GST): S$24,300.00
  • UOL registration fees, payable to UOL: £9,180^
  • UOL application fee, payable to UOL (one-time payment): £107

All fees in S$ inclusive of prevailing GST.

* These are estimated amount as UOL fees are subject to exchange rate fluctuations and yearly increase.

^ with effect from 1 Jan 2023, UOL fees are subject to Singapore taxation 8% GST.


Mandatory One-time Fees

All fees inclusive of prevailing GST.

International Student Induction Fee

A one-time fee payable by new full-time international students. This fee covers pre-arrival and arrival support, including activities to enhance the international student learning experience.

As applicable, payable with the programme fees’ first instalment.


Application Fee

Payable for each application form that is submitted. Fee is non-refundable and non-transferable. The fee will be refunded fully only if the intake does not commence. Unpaid applications will not be processed.

Local applicants: S$97.20
International applicants: S$486.00 (not inclusive of Student’s Pass application)