MSc International Accounting and Banking

Colchester Campus

 

INTAKE: October

Program Overview

The MSc International Accounting and Banking program at the University of Essex is designed to provide students with a deep understanding of international accounting principles, banking practices, and financial management. This program combines theoretical knowledge with practical skills, preparing students for careers in the global accounting and banking industry.

  1. International Accounting Standards: Students gain a comprehensive understanding of international accounting standards, including International Financial Reporting Standards (IFRS) and their application in different jurisdictions. They learn how to prepare financial statements, analyze financial performance, and interpret accounting information in an international context.

  2. Banking and Financial Services: The program covers key concepts and practices in banking and financial services. Students study topics such as commercial banking, investment banking, risk management, and financial regulations. They gain insights into the role of banks in the global economy and the challenges they face.

  3. Financial Analysis and Decision-Making: Students develop advanced skills in financial analysis and decision-making. They learn how to interpret financial statements, assess financial performance, and make informed investment and financing decisions. They also explore techniques for evaluating business performance and financial health.

  4. International Financial Management: The program focuses on international financial management, including topics such as foreign exchange risk, international capital budgeting, and international financial markets. Students learn how to manage financial operations in a global business environment and navigate the complexities of international financial markets.

  5. Auditing and Assurance: Students gain knowledge of auditing principles and practices, including the role of auditors, audit planning, internal controls, and ethical considerations. They learn how to assess the reliability of financial statements and provide assurance on the integrity of financial information.

  6. Corporate Governance and Ethics: The program emphasizes the importance of corporate governance and ethical practices in accounting and banking. Students explore principles of good governance, ethical decision-making, and the role of professional ethics in the accounting and banking professions.

  7. Professional Skills Development: The program enhances students' professional skills, including communication, critical thinking, and problem-solving abilities. They also develop skills in financial modeling, data analysis, and the use of accounting and financial software.

Pollster Education

Location

Colchester Campus

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 20350

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of  50 to 55% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
    • TOEFL: A minimum overall score of 90.
    • PTE Academic: A minimum overall score of 62 with no individual score below 51.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.

The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.  

  1. Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
  2. International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
  3. Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
  4. Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
  5. Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
  6. Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.

It is important to note that scholarship availability, eligibility criteria, and application processes may change over time. 

Graduates of the MSc International Accounting and Banking program have promising career prospects in the global accounting and banking industry.

  1. International Accountant: Graduates can work as international accountants, providing financial reporting and advisory services to multinational corporations, auditing firms, or international organizations. They may assist in the preparation of financial statements, ensure compliance with international accounting standards, and provide financial analysis and guidance.

  2. Banking Officer: Graduates can pursue careers in commercial banks, investment banks, or financial institutions, working in roles such as risk management, credit analysis, or financial planning. They may be involved in evaluating loan applications, assessing creditworthiness, or developing financial strategies for clients.

  3. Financial Analyst: Graduates can work as financial analysts, conducting research and analysis to support investment decisions, mergers and acquisitions, or financial planning. They may analyze financial statements, assess industry trends, and provide recommendations for investment opportunities.

  4. Audit and Assurance Professional: Graduates can work in audit firms, providing assurance and advisory services to clients. They may conduct financial audits, assess internal controls, and provide recommendations for improving financial reporting and risk management practices.

  5. Financial Consultant: Graduates can work as financial consultants, providing expertise in international accounting and banking to organizations. They may assist in financial planning, risk assessment, or financial restructuring.

  6. Regulatory Compliance Officer: Graduates can work in regulatory bodies or financial institutions, ensuring compliance with financial regulations and standards. They may monitor and enforce regulatory requirements, assess risks, and provide guidance on compliance matters.

  7. Academic and Researcher: Graduates can pursue research or academic careers, conducting research in the field of international accounting and banking or teaching accounting and finance-related courses at universities or educational institutions.


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