Master of Science in Accounting and Financial Management

University of London

Programme Overview

Academic Level
Academic Level

Postgraduate/Masters,

Awarded by
Awarded by

University of London, UK

Programme type
Programme type

Full-time, 1.5 years

Campus location
Campus location

SIM Campus

Application Dates
Application Dates

Now till 1 Sep 2024 (local applicants) | 28 Jul 2024 (international applicants)

Estimated Fees (incl. GST)
Estimated Fees

(incl. GST)*

S$40,600 to S$42,550

* All fees inclusive of current 9% GST (exclude textbooks / course materials, SIM application fee, preparatory / bridging course fee, and other fees). Refer to GST Notes under Fees Tab for more information.

Programme Outline

Awarded by University of London, UK and Developed by federation member, University College London, UK.

Stand out from the crowd

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

This programme provides those with non-finance qualifications the opportunity to develop and apply Master's level knowledge, understanding and skills within the 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?

Being able to make informed decisions for the organisation is critical. Whether to consolidate operations, expand overseas, build a second logistics hub all comes down to whether the earnings will sustain the expenses. Every manager needs to have knowledge of finance in order to contribute to the overall success of the organisation. Whether you are training in building estate management, a civil engineer, or scientist in biotechnology, you need to help your boss make the right decisions. The MSc Accounting and Financial Management will teach you all you need to know to be an effective manager or director. It is a management master's with a focus on finance.

This programme prepares you for today's VUCAH world - Volatile, Uncertain, Complex, Ambiguous and Hyperconnected.

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.


 
learning-outcomes

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. SIM alumni have been known to pursue doctoral studies after pursuing master's with UOL and UCL at SIM.

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

Hear from our students
Financial Accounting & Financial Management - A Combination For An Rewarding Career In Finance
Financial Accounting & Financial Management - A Combination For An Rewarding Career In Finance

The finance industry, from the vibrant banking to new innovative fintech services, is an evergreen sector for anyone to build a career.



Read story

Why study at SIM x University of London

uol-sim-leading-pvt-edu
SIM is the leading private education institution in Singapore.
uol-excellent-value
Excellent value with lower tuition costs in SIM.
uol-programme-is-widely-recognised
Academic direction for this programme is provided by UCL, ranked 9th in the QS World University Rankings 2024.
uol-research
UCL is 2nd in UK for research power according to Research Excellence Framework 2021.
Learn more about the University of London

Intake Dates

2024 Oct intake

PROGRAMME DURATION

October 2024 intake
 

APPLICATION PERIOD

Full-time – October 2024 Intake
Application open now till 1 Sep 2024 (local applicants) | 28 Jul 2024 (international applicants)

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.

Curriculum

Structure

  • All class are conducted on SIM campus unless otherwise stated.
  • Duration of each lesson is typically 3 hours. 
  • 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 programme to commence. Students will be informed at least one month prior if there is insufficient enrolment.

Assessment & Attendance

  • Online Tests / Coursework (each 15-credit module)
  • Capstone Project (30-credits: 25% research proposal. 75% final project)
  • Attendance requirement:
    • Local: 75%
    • International (Student Pass / Dependent Pass / Long-term 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 in London.
  • On graduation, you become a member of the University of London Alumni Association and an alumni of SIM.
  • 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.

Modules

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
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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

A pass in English language at GCE 'O' Level. Alternatively, applicants may provide an acceptable score in a Test of Proficiency achieved within the past three years. E.g. IELTS: At least an overall of 6.5 with 6.0 in the written test.

Applicants who do not meet the English language requirement for admission may enroll in the Pre-Sessional English Course (PSEC) conducted and awarded by the Singapore Institute of Management.
 

Pre-sessional English Course (if applicable)

Developed and awarded by SIM, Singapore.

Part Two Only

Applicants who have not reached the required IELTS English Language proficiency level or equivalent shall have to complete and pass a Pre-Sessional English Course before progressing to any of the MSc programmes. The course is developed and awarded by SIM, Singapore.

Part Two Structure

  • Duration & Intake: Full-time, 8 weeks commencing in May 2024
  • Admission Requirement: IELTS 6.0 or equivalent
  • To attain Language Proficiency of: IELTS 6.5

View module synopses

Structure

  • Mode of delivery: Face-to-face on-campus unless otherwise stated
  • Class duration: Typically 6 hours on weekdays. Some lessons may also take place on Saturdays if required.
  • Assessments: Continuous assessments include in-class tests, individual / group assignments, online quizzes etc. There are no re-assessments.
  • Average teacher-student ratio – 1:30
    View a list of lecturers’ teaching modules
  • Minimum class size to commence – 25
    If the class fails to commence due to low take-up rate, students will be informed at least 1 week before programme commencement with a refund of application fee.
  • Attendance requirement:
    • Local students – at least 75% 
    • International students – at least 90% 

Certification

A certificate of completion will be awarded upon successful passing of Part Two of the Preparatory Course. There will not be any refund or recourse should students fail to complete the course within the specified duration.

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Fees & Financial Aid

All fees inclusive of current 9% GST (exclude textbooks / course materials). 

GST Notes:

  • Fees published are inclusive of current GST of 9%. The parts of fees not invoiced, not paid and where services are not rendered in year 2023 are subject to the new GST rates effective on 1 Jan 2024. Refer to IRAS website here for more details.
  • For invoice generated in 2023 for services to be rendered in 2024, if payment is collected by 2023, 8% GST will apply.
  • For invoice generated in 2023, if the payment is received in 2024 and service is rendered in 2024, 9% GST will apply. Credit note against original invoice and a new invoice bearing 9% GST will be issued.
  • For invoice generated in 2023 and service is rendered in 2023, if payment is collected in 2024 (i.e. late payment), 8% still applies.


View all payment modes

Programme Fees

Pre-sessional English Course* (if applicable)
Part Two: S$2,725.00
*Fees are inclusive of 9% GST and payable in full before course commencement. Fees do not include textbooks.

Master's Programme

Estimated total for Local student: S$40,600.00*
Estimated total for International student: S$42,550.00*

Payable to SIM:

  • Programme fee for Local student: S$22,563.00
  • Programme fee for International student: S$24,525.00

Payable to UOL:
  • UOL application fee (one-time payment): £107
  • UOL registration fees: £9,636^

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 2024, UOL fees are subject to Singapore taxation 9% GST

Special note:

UOL alumni enjoy 10% off UOL fees. If you are a UOL graduate, please look for the London International, Alumni Bursary for more details.

Mandatory 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 fee's first instalment.

S$436.00

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$98.10
International applicants: S$490.50 (not inclusive of Student’s Pass application)