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MSc International Accounting and Finance

Course Description


Globalisation, the growth of multinational enterprises, the convergence of international accounting practices and the expansion of the European Union all contribute to the importance of an international focus in accounting and finance education.
The increasing influence of international financial reporting standards and the shortage in some countries of international accounting expertise have led to significant demand for relevant education. In the EU the speed and significance of recent reforms have also led to a demand for Master’s level education which reflects these developments and facilitates transition.


The global accounting body ACCA recognises the MSc International Accounting and Finance giving graduates of the course automatic exemption from four of their papers with a fifth and sixth possible based on the spring semester options that are chosen.

Key information

- Degree type: MSc, Postgraduate Certificate, Postgraduate Diploma
- Study methods: Full-time
- Start date: September
- Course Director: Professor David McMillan

Course objectives

Globalisation, the growth of multinational enterprises, the convergence of international accounting practices and the expansion of the European Union all contribute to the importance of an international focus in accounting and finance education. The increasing influence of international financial reporting standards and the shortage in some countries of international accounting expertise have led to significant demand for relevant education. The ACCA Accredited MSc International Accounting & Finance from the University of Stirling Management School reflects these developments and provides a solid foundation for a career in accounting or finance.
The course attracts students from every continent presenting a valuable opportunity to establish a worldwide network of contacts that last beyond the time spent studying on our beautiful campus. In 2014/15 the ACCA recognised MSc in International Accounting and Finance was the most popular Master’s degree at Stirling.

English language requirements

If English is not your first language you must have one of the following qualifications as evidence of your English language skills:
- IELTS: 6.0 with 5.5 minimum in each skill
- Cambridge Certificate of Proficiency in English (CPE): Grade C
- Cambridge Certificate of Advanced English (CAE): Grade C
- Pearson Test of English (Academic): 54 with 51 in each component
- IBT TOEFL: 80 with no subtest less than 17

For more information go to English language requirements https://www.stir.ac.uk/study-in-the-uk/entry-requirements/english/

If you don’t meet the required score you may be able to register for one of our pre-sessional English courses. To register you must hold a conditional offer for your course and have an IELTS score 0.5 or 1.0 below the required standard. View the range of pre-sessional courses http://www.intohigher.com/uk/en-gb/our-centres/into-university-of-stirling/studying/our-courses/course-list/pre-sessional-english.aspx .

Delivery and assessment

Successful completion of the taught modules leads to the award of a Postgraduate Diploma. The Master’s degree is awarded on satisfactory completion of a dissertation following the Diploma examinations. Dissertation topics range over all areas of relevance to accounting and finance and allow completion of a case study or research topic dissertation.

Why Stirling?

In REF2014 Stirling was placed 6th in Scotland and 45th in the UK with almost three quarters of research activity rated either world-leading or internationally excellent.
The reputation of our research at Stirling Management School was recognised in the 2014 Research Excellence Framework (REF), where the School was placed in the UK’s top 25 institutions for Business and Management, out of 101 business schools. In Scotland, the School was ranked in the top five. 64% of our research outputs were classified as world-leading and internationally excellent in terms of their originality, significance and rigour and we were ranked 14th in the UK in terms of research impact with over 60% of our research impact judged to have outstanding reach and wide-ranging impact on the policies of public, private and governmental organisations.

Career opportunities

- Where are our graduates now?
Stirling Management School is unique in having a dedicated Employability Manager and from the very beginning of the course your career is our focus.
Since the introduction of the course in 2007, our graduates have gone on to build their careers in a variety of sectors around the world in countries such as Malaysia, China, UK, Ethiopia, Italy, Oman, Kazakhstan and Taiwan. In doing so, they are contributing to the performance of organisations including investment banks, universities, car manufacturers and pharmaceutical companies.
Some of the roles that our alumni currently hold include:
- Head of Internal Audit, University of Putra (Malaysia)
- Accountant, Beijing Benz Automotive Co. Ltd (China)
- Multi-Functional Financial Analyst, Lockheed Martin (UK)
- PhD Students in Universities around the world
- Relationship/Business Development Manager, BGL Plc. (Nigeria)

Visit the MSc International Accounting and Finance page on the University of Stirling website for more details!

(Student Profile)

Hany Elzahar

After working as a Teaching Assistant at Mansoura University, Egypt for 12 years I was attracted to Stirling’s creative environment for studying and research and well recognised academic staff. With professional and friendly administrative staff, high quality programmes and a stunning campus the choice was obvious. Studying at Stirling was the right decision and the best investment in my future.

(Student Profile)

Mohamed Elmaghrabi

My experience with Stirling started almost 4 years ago when I received an offer to study an MSc in International Accounting and Finance. The choice to study the Masters degree at Stirling was driven by the suitability of the course to my needs. Before I attended the University of Stirling I worked as a teaching assistant and intend to pursue a career in academia so I chose to study a course that is both research driven and provides up-to-date practical knowledge. In fact, when I started studying I began to fully appreciate the world-class education I was receiving from highly prominent academics. The knowledge and experience accumulated during the MSc course provided me with a solid foundation in order for me to continue with my education and undertake my PhD.

During my Masters degree, the university announced 50 full scholarships for PhD studies where I was honoured to have been granted one of them. Immediately I accepted the offer and started my PhD in October 2010. On top of the high quality research and support of staff in the PhD studies, I was given the opportunity to teach seminars. Thus, the achievements I made up until today have all contributed towards shaping my future, and for all that I consider the choice to study at Stirling a great decision.

(Student Profile)

Fanis Tsoligkas

After completing my first degree in Accounting and Finance I looked for opportunities to undertake a Masters degree in International Accounting. The University of Stirling had launched the MSc in International Accounting and Finance and I was offered a Divisional full fee Scholarship which I accepted immediately.

I joined the Accounting and Finance Division in September 2008 and I felt honoured to be taught from world renown researchers who were experts in their fields. Since my very first lecture in September up to the time I submitted my dissertation I was surrounded by professors and lecturers who provided me with a high quality of knowledge and skills, all of which was applicable in both academia and the profession. I am very thankful to every single one of the academic staff of the Division for the valuable skills and knowledge they passed to me and assisted me to develop.

The MSc in International Accounting and Finance from the University of Stirling added great credibility to my CV assisting me to enter a career in academia by securing a place as a PhD student at the University of Exeter. The Masters equipped me with the best and most sustainable foundations to further my career.

I would recommend the MSc in International Accounting and Finance to anyone who is interested in expanding their knowledge or undertaking a career in accounting or finance. The reason is that the spectrum and level of teaching satisfies both types of students; those with a degree in a related area and students with no prior knowledge in the fields of accounting and finance. The high quality of teaching satisfies everyone’s needs.

Studying at the University of Stirling was one year that I will never forget.

(Student Profile)

Maria Garska

I chose the MSc in International Accounting and Finance Master as I liked the global character of the course and I considered that it would provide me with a great step into a professional career not only in the UK but also worldwide.

The course was demanding and required a lot of work but lovely surrounding of the Stirling campus, the friendly and helpful lecturers and the friends I acquired from all over the world made this time very enjoyable.

From the International Accounting and Finance course I gained not only knowledge which I will use in my future professional career but also made a lot of international friends with whom I hope to stay in touch forever.

I would recommend that course to anyone who wants to gaining new skills and knowledge in multicultural environment surrounded by lovely people from Stirling Management School.

(Student Profile)

Mr Thomas Neal

I began my studies at Stirling with a BAcc in Accounting and Economics in 2008, a course I very much enjoyed. Not knowing where exactly I wanted to go with my career, I decided to stay at Stirling and study the MSc in International Accounting and Finance. Having already been a student for four years, I knew how good the Accounting and Finance division was and that I was in safe hands for my fifth year of higher education.

The MSc introduced me to a range of topics I had not encountered before, and offered a greater focus on research than I was used to. Over the course of the year I found that this was something I enjoyed doing, encouraging me to pursue a research degree which I have since started at Strathclyde University. Both the syllabus and the teaching staff were incredibly helpful in preparing me for a future in academia.

The course itself was often challenging but always a rewarding experience. I would not hesitate to recommend this course to anyone interested in pursuing a career in accounting or finance.

(Student Profile)

Nomangaliso Ncube

What influenced you to choose Stirling Management School to study your course?
After researching on postgraduate programmes in accounting and finance I decided that the Stirling Management School Programme would be right for me. I visited the campus to get a feel of the place and it was love at first sight! A beautiful campus and a good programme, what’s not to like? After making the decision to apply, I was thrilled to be the recipient of The Dorothy Nicol Scholarship.

What specific feature(s) did you like most about the course?
This course is designed in way that all modules somehow link together and give you an in-depth knowledge of all aspects of accounting and finance.
It is a challenging course but the lecturers are brilliant, passionate about their subject and always willing to help by encouraging you to take advantage of their knowledge, enthusiasm and guidance.
The highlight of my course was the Amplify Trading event. For a few days I was able to feel like a stock trader with a lot of money to work with. Exhilarating! I also enjoyed working on my dissertation because it made me delve deeper into social aspects of accounting that I had not considered before.

What advice would you give to prospective students coming to Stirling?
Careful, you might fall in love with Stirling and stay on like me! You will enjoy the course as well as the social life. There is something for everyone and a diverse student population. I would advise you to make an effort to mix and make friends with different people and if possible, live in student accommodation because you will end up with valuable lifelong friendships. Also, amazingly, you will notice that your closest relationships were probably formed at the 24/7 library study zone on brightly coloured beanbags and coffee.

What impact do you think your studies will have on your future career?
My knowledge of accounting and finance was highly enhanced and gave me confidence in the subject which is evident when discussing financial issues or in interviews. I now enjoy and understand financial media programmes and topics. I managed to get into a finance role and feel very well prepared to pursue my professional studies towards chartered accountancy.


Entry Requirements

A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply. INTO University of Stirling offers a Graduate Diploma for those students who do not meet the required criteria for this course. If you successfully complete the Graduate Diploma in Business, Finance and Sport and meet the required progression grades, you will be guaranteed entry onto this Master's degree.

Course Fees

2015/16: Home/EU £6,000; Overseas £13,500

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