The Master in Financial and Managerial Accounting is the first study export of the IMB. It is offered at two universities in Vietnam and primarily designed for Vietnamese Bachelor graduates who would like to study for a post-graduate degree awarded by a renowned German university. The programme takes an international approach to combining theory and practice in providing broad business administration skills focused on international financial reporting standards as well as on managerial accounting.
In a technical sense, accounting provides a conceptual framework for preparing financial statements and accounts. The issues which arise in accounting are related to the difficulty of establishing a true and fair value of an enterprise and its assets, the moral basis of disclosure and discretion and the standards and laws required to satisfy the political needs of investors, employees, suppliers and other stakeholders in taking decisions broadly related to the economy. In this sense, accounting is a concept - and yet it is more than this. It is also a decisive part of a mechanism and a crucially important instrument in establishing and maintaining a market-based transaction system.
Accounting measures the heartbeat of the economy!
The Master in Financial and Managerial Accounting takes an international approach to combining theory and practice in providing broad business administration skills focused on international financial reporting standards as well as on managerial accounting.
It concentrates on the role of information in a market economy, and especially its importance in developing sound financial systems. To achieve the goal of skills and expertise on the level of the individual stakeholder, the FAMA Masters Programme curriculum and content not only provide core knowledge on external and internal information systems, but also addresses some key integrative multi-disciplinary aspects. In addition, the programme includes a broad selection of electives on various aspects of management, ethics, law and politics to meet the specific knowledge needs beyond pure accounting.”
In line with the developing cooperation between the Federal Republic of Germany and the Socialist Republic of Vietnam, the programme is jointly offered by the IMB Institute of Management Berlin and two Vietnamese universities.
The Master in Financial and Managerial Accounting is primarily designed for graduates from Vietnam who have completed a career-oriented first degree (BA or BSc) and would like to study for a post-graduate degree awarded by a renowned German university.
It prepares students for positions as accounting and controlling specialists or executive managers in consulting or auditing firms or in international companies.
The Master programme is basically divided into two parts:
1st study term (11 months): Foundation Course
2nd study term (13 months): Specialisation and Master’s Thesis
The Foundation Course enables students to extend their knowledge acquired during their undergraduate studies to develop further expertise in Financial and Managerial Accounting and related subjects. In addition, a range of additional courses are provided by the electives and tutorials.
The specialisation builds on the Foundation Course to provide the specialised skills to meet the challenges in the chosen career sector. A case study / research project enables students to apply their new theoretical knowledge in practice. In addition to the completion of the specialisation modules, this study term is scheduled for completing the degree by submitting the Master’s Thesis and defending it in an oral exam. This Master programme is taught entirely in English.
Full curriculum can be found here: http://www.mba-berlin.de/en/master-programmes/ma-financial-and-managerial-accounting/content/
- first degree in Business or Economics- Applicants with a Bachelor in Social Sciences, Economics and Law may be admitted if they can demonstrate substantial practical experience and a solid academic basis in accounting- Students with other foreign Bachelor degrees may be admitted if they are entitled to study on a Master-Programme at the Vietnamese Partner University and meet all other admission requirements- Successfully completed undergraduate courses in Financial and/or Managerial Accounting- English language skills (TOEFL ibt 64 points; IELTS overall band score 5.5)- Letter of motivation- CV- One year of professional experience