Accounting and Finance - Master's Programme (One Year)

Programme-specific requirements

An undergraduate degree (BA/BSc) with at least 90 credits in business administration, which must include a course in corporate finance/financial management and a course in financial accounting. English course 6 (advanced proficiency).

Specialisation in Corporate Finance

In addition to the programme-specific admission requirements, the specialisation in Corporate Finance requires 15 credits in corporate finance/finance/financial management and a course in econometrics or statistics.

The specialisation in Corporate Finance expects participants to hold previous knowledge in corporate finance equivalent to the advanced undergraduate level. You should, for example, be familiar with basic concepts such as net present value (NPV), discounted cash flow (DCF), and weighted average cost of capital (WACC), but also with basic theories such as trade-off theory, information asymmetry, and agency theory. Participants are also expected to hold basic knowledge of statistics, including central statistical concepts such as mean, standard deviation, variance, covariance, correlation, and ordinary least squares. In addition, participants are expected to be able to read and understand financial statements, including the consolidated statements of financial position, profit or loss, changes in equity, and cash flows, and to calculate and interpret profitability, profit margin, asset turnover, and growth.

Specialisation in Accounting and Management Control

In addition to the programme-specific admission requirements, the specialisation in Accounting and Management Control requires 15 credits in financial accounting or management accounting.

The specialisation in Accounting and Management Control expects participants to be able to read and understand financial statements, including the consolidated statements of financial position, profit or loss, changes in equity, and cash flows, and to calculate and interpret profitability, profit margin, asset turnover, and growth.

Furthermore we expect you to be familiar with basic management accounting concepts like opportunity cost, fixed and variable cost, and net present value. Finally, we expect you to have basic knowledge about different management control tools, like budgets, multidimensional performance measures, and responsibility centers.

Selection will be based on academic merits from previous university studies and a Statement of Purpose in which applicants state their reasons for applying to the programme and describe their specialised interests in the topical themes in management accounting and corporate finance covered by the programme. The Statement of Purpose should also contain a self-assessment of the applicant’s prior knowledge of corporate finance, financial accounting, financial management, and management accounting.