Accounting and Finance MSc

In this module, you'll study a range of important contemporary issues and topics in accounting and corporate social responsibility. It is designed to enhance your appreciation and understanding of ethical, regulatory and governing accounting issues. You will also have an opportunity to learn about specific accountabilities of corporate social responsibility from the perspective of small and large businesses, with the aim of the interpretation and application of non-financial data.

This module will introduce you to more advance topics in corporate finance with an aim of giving you a critical understanding of theories in corporate finance and of practical implications of the theories on a day to day decision making as a finance specialist.

The past decades have witnessed a rapid emergence of good corporate governance as a crucial part of running any successful corporation. The central aim of this module is to provide you with a thorough grounding in a range of advanced topics in corporate governance. In particular, the module seeks to introduce and develop you ability to critically evaluate a wide of range of concepts, principles, theories, models, systems, mechanisms, reforms, regulations and research in corporate governance.

Being able to understand, interpret and analyse a company's financial statements is an essential skill for finance professionals. In this module, you'll study fundamental issues concerning the financial reporting of companies to become familiar with certain financial statement characteristics reported following the international accounting standards. You'll aim to develop an ability to critically assess and interpret corporate financial performance using financial analysis techniques that aid the interpretation of accounts and performance.

This module aims to provide you with an understanding of key management accounting issues and applied methodologies in contemporary business practice, focusing on the role of management accounting in providing information for operational and strategic decision-making, planning, control and performance management. You will have the opportunity to examine the blend of cost analysis and managerial judgment required to make sound economic decisions and covers topics in cost management, budgetary control, and short and longer term financial decision making, particularly in the manufacturing sector.

This module will introduce you to the theory and practice of financial decision making. You will study the basic blocks of finance and financial management that are of primary concern to financial managers and financial analysts, and the key aspects to make financial decisions. The module builds on the concept of time value of money, risk and return, and capital budgeting aspects of investment decisions.

In today’s highly mobile and interconnected world of business, you will undoubtedly find yourself working with culturally diverse teams, partnerships and customer bases. It is therefore essential that you are able to offer future employers, colleagues and other stakeholders an adaptable interculturally aware and responsive approach. In the light of that, this module fosters transferable skills fundamental to global employability. Your professional and personal development will be guided through the application of the eight CIPD Behaviours, University of Huddersfield’s target Graduate Attributes, and key Intercultural Effectiveness skills and mindsets.

As you develop professionally through your subject studies you will increase consciousness of your individual cultural make-up and the impact of this on behaviour, relationships and worldview in order to navigate beyond the borders of your own culture. You will develop a conscious approach to effective global practice, responding positively to difference, and constructing strategies to deal with intercultural workplace encounters.

This module explores the links between people management practices and positive organisational outcomes and how these are achieved in different types of organisational contexts. Focusing on leadership, flexibility and change management, the aim being to help students become effective strategic managers as well as effective HR specialists, managing others fairly and effectively and increasing levels of engagement, commitment and performance.

This module provides an introduction into the strategic management theories and its practical application. It will cover: mission and goal formation, stakeholder theories, corporate governance, and business ethics, in addition to these topics, this module will equip you with the strategy toolbox that includes: external and internal analysis, corporate level strategies and business level strategies, strategic decision making and at the end overall evaluation of strategy implementation and evaluation.

This module is designed to help you develop a curious and enterprising mindset. It gives emphasis to curiosity, creative thinking, future thinking, vision and imagination – the precursors to identifying and developing opportunities for professional development, innovation and new venture creation. These skills and mindsets are relevant to business set up as well as freelance careers and employability. You will gain knowledge and develop behaviours and attitudes to help you interpret a range of problem situations and opportunities, leading to creative and innovative responses in the form of doing things differently and/or doing something new.

This module aims to provide you with foundation concepts of research methods to prepare you to conduct your own research. It will introduce you to different types of research approaches available to researchers, how to formulate good research questions, how to review academic literature in the research process, how to select the appropriate data collection techniques, how to carry out the data analysis and write-up. The module should provide a solid basis for you to develop your skills further in your own research project.

The Individual Research Project provides an opportunity to pursue your own interests and engage more deeply with your subject by completing an in-depth piece of research work using relevant research methods. Working autonomously, but under the guidance of a supervisor, you will make choices about the most appropriate methods and then conduct your own research project. Through the Individual Research Project, you will have the opportunity to greatly enhance your own knowledge and skills. The research will be presented in written format using academic conventions recognised in your field.

This module prepares you for the Group Consultancy Project. It introduces the theory underpinning the process of consultancy in organisations. The module will analyse various models of consultancy and you will be given an opportunity to explore different stages in the consultancy cycle including: the purpose of consultancy in business context, project scoping and contracting, information gathering, analysis and report, action planning, implementation, review and exiting.

The Group Consultancy Project provides you with the opportunity to engage in a ‘real world’ live client brief. You will work in small teams and will be expected to engage in the process of scoping the project with the business client, undertake the necessary information gathering, analysing the information and make recommendations to the client. As part of this module, you will also need to evaluate how principles of ethics, sustainability and responsibility influence your professional decision making.

The module provides you with the opportunity to take the practical steps to initiate a new venture or facilitate growth and innovation in an existing venture. The focus is on developing an understanding of business practicalities through action, reflection and case study. The module encourages you to acquire the knowledge, skills and attitudes for practice, recognising that you may be at different stages and working on different issues at the same time. Supervision and action learning sets provide flexible support to enable self directed learning to facilitate start up and business development initiatives with existing businesses.

The module will encourage you to develop your entrepreneurial mind-set, and help you understand the challenges and opportunities of starting and running a new venture. Your entrepreneurial skills and abilities will be guided through the application of different entrepreneurial tools and techniques – as well as practical exercises - that should enable you to assess your own entrepreneurial readiness, while preparing for the risky, uncertain and challenging environment of creating new ventures.