Accounting and Business Management MSc (Brunel Business School)
Please note the application deadline for this course is Friday 25th August 2017. Any applications after this date will be considered on an individual basis, subject to course vacancies.
Please note for January 2018 entry, the application deadline is Friday 1st December 2017. Any applications after this date will be considered on an individual basis, subject to course vacancies.
About the course
Accounting information lies at the heart of management and is also used by investors, business contacts, competitors and other external parties. Therefore, the MSc Accounting and Business Management appeals to graduates with a business-related degree who want to develop their understanding of accounting and management in a business context and develop skills that enhance their employability. The rigorous and integrated syllabus emphasises the value of developing knowledge and skills progressively. It supports personal learning and development through managed choice and encourages personal initiative, enthusiasm and positive study habits.
This programme offers students an opportunity to:
- Develop an appreciation of the role of accounting within the overall function of management
- Acquire technical accounting skills and integrate theoretical and conceptual considerations with practice
- Evaluate the principles and theories that underpin accounting and management
- Critically reflect on the role of the main stakeholders and the influence of regulatory frameworks on accounting and management
- Develop analytical and problem solving abilities and apply them in making management decisions
- Review research on current issues in accounting and management and apply accepted research methods to investigate a specific research question independently
- Develop transferrable skills that will enhance employability
The MSc consists of both compulsory and optional modules, a typical selection can be found below. Modules can vary from year to year, but these offer a good idea of what we teach.
Current Issues in Accounting
The main aims of this module are to introduce you to current issues in accounting and the main theories and methods used in accounting research through the critique of selected readings. In addition, you will have the opportunity to demonstrate a variety of skills that include being able to think critically, use information and knowledge effectively, and make effective use of written communication of complex ideas and arguments using a range of media.
The main aims of this module are to introduce you to bookkeeping, the accounting principles and regulations that guide financial accounting and reporting, and the preparation of financial statements. It also provides opportunities to demonstrate skills such as critical thinking, solving complex problems and making decisions, using information and knowledge effectively, numeracy and quantitative skills, including the development and use of relevant business models.
The aims of this module are to develop your knowledge of financial reporting through the preparation of financial statements for a group entity and the use of analytical techniques to interpret financial statements. It also provides opportunities to demonstrate skills such as critical thinking, solving complex problems and making decisions, using information and knowledge effectively, numeracy and quantitative skills, including the development and use of relevant business models.
The module has six main aims:
1. Examine the important trends impacting international business and the major developing players in the international economy.
2. Explore the issues and challenges of managing in an international environment and with reference to particular countries and regions.
3. Understand the nature and forms of interaction between an international organisation, managerial decisions and the external environment, especially the effects of globalisation upon MNCs in both developed and developing countries.
4. Facilitate understanding of the theories and concepts of international management and to use them to diagnose and solve managerial problems.
5. Equip students with the analytical tools, techniques and models of negotiations, communication, and conflict resolution in international contexts.
6. Explore the theories and concepts relating to the management of human resources in international context.
The main aims of this module are to introduce you to the principles and techniques that are used in the fields of cost and management accounting to address practical business problems. It will also provide opportunities to think critically, solve complex problems and make decisions, use information and knowledge effectively, and demonstrate numeracy and quantitative skills that include the development and use of relevant business models.
Understanding Business and Management Research
The module is predicated on the dominant role of both quantitative and qualitative methods in management research. It focuses on the need to enable the understanding of research reports and use this information to improve the quality of work, decision-making, and the understanding of complex management problems. The latter will be instrumental in applying existing management theory and research to practical management problems as action researchers.
The specific aims are:
- To provide a balanced view of social science and business research methods enabling a critical understanding of research information.
- To acquire theoretical and practical knowledge for business management by covering issues and debates in management research as reflected in the literature.
- To provide knowledge of relevant research methods and techniques for master's level project work.
A research-based dissertation is an integral element of the programme to which considerable importance is attached. You are required to base your dissertation on empirical research into a management problem or issue of your choice (subject to approval).
Dissertations are supervised by members of the academic staff of the school who have a wide range of research interests and expertise. The dissertation must be submitted by the end of the academic year during which you complete all of the taught modules of the programme.
Business Performance Management
The main aims of this module are to provide you with theoretical and practical knowledge of the more specialised decision-making techniques that are used in cost and management accounting. It also provides opportunities to demonstrate skills such as critical thinking, solving complex problems and making decisions, using information and knowledge effectively, numeracy and quantitative skills, including the development and use of relevant business models.
This module aims to promote an integrative understanding of the challenges and opportunities involved in business planning through practice. The specific educational objective is for students to work through the business planning process and to develop a successful business plan by bringing the different foundations of business planning such as market opportunity, competition, business models, financing etc. into a unified whole. Students are encouraged to develop critical thinking through the development of a business plan and to reflect on the whole process, the team dynamics and their personal development. In addition, this module examines different business models their underlying strategies and decision making process through a variety of case studies.
This module introduces the subject as a field of study and as a framework of analysis. It focuses on the nature of entrepreneurship and its importance in society. In particular the module examines:
- The person - through the analysis and understanding of the psychological and behavioural characteristics of the entrepreneurs. This is achieved by examining and reflecting upon the major theories in the field (psychological theory and cognitive theory).
- The process – through the review and analysis of the main approaches to entrepreneurship. In addition, the module shows how entrepreneurship unfolds in a wide range of contexts.
International Business Strategy
The main aim of this module is to help you understand the strategies and structures that multinational firms adopt and how they perform their key business operations to compete and succeed in the international business environment. The module aims to help you:
- gain a comprehensive understanding of the strategy of international business
- understand the organizational architecture that international businesses use to manage and direct their global operations
- understand issues related to foreign expansion
- understand roles of specific business functions in an international business.
Global Diversity Management
This module provides and insight into Global Diversity Management by examining how organizations plan, coordinate and implement a set of management strategies, policies, initiatives such as training and development activities that seek to accommodate diverse sets of social and individual backgrounds, interests, beliefs, values and ways of work in organizations with international, multinational, global and transnational workforces and operations.
International Business Ethics and Corporate Governance
This module focuses on business ethics and corporate governance in the international context. Both areas will be addressed from the shareholder and the stakeholder perspectives. In addition, the broader societal impacts of business activities will be examined in depth. The full range of businesses will be considered from large corporations to small and medium-sized enterprises. Empirical studies will be used to apply the principles underpinning business ethics, corporate social responsibility and corporate governance.
The module has three main aims:
- To enable students to appreciate the issues and challenges that confront managers responsible for strategic management in potentially complex, hostile and uncertain conditions.
- To introduce students to concepts, topics and methodological approaches and tools relevant to the analysis of the strategic position of the organisation and the development and implementation of strategies and policies, and their major operational implications.
- To develop students’ skills of critical thinking, logical analysis, argument and judgement via the use of case study and other materials exemplar readings and other information sources.
Read more about the structure of postgraduate degrees at Brunel
and what you will learn on the course.
Business Life is a unique Employability Programme designed to maximise students’ employability by providing an intensive programme of professional workshops and events that run in parallel with academic studies.
Business Life was conceived, developed and is delivered in association with leading employers from business, industry and the public sector.
Business Life features at-a-glance:
- High quality personal, technology, language and business skill training courses and workshops
- Career development and planning services, including mentoring, industry taster sessions and guest speaker series
- Sector leading work experience programme covering placements, volunteering, internships and vacation work
- Help with marketing your capabilities, through networking events, CV development, employer exhibitions and student showcases
- Lifelong continuous professional development, including short courses and Masters programmes at preferential rates.
The School’s Business Life Employability Programme is designed to help students to acquire a range of employability and networking skills, enabling them to gain a distinct edge in the labour market and to manage their career search and development more effectively.
In addition to the events and training sessions organised within the Business School, masters students have exclusive access to the workshops and skills training provided by the Brunel University’s Graduate School. Typical sessions have included:
For further Masters Skills Training Courses, visit the University’s Graduate School website.
- CV Writing for Masters Students
A good quality CV is crucial and takes time to perfect. Students on taught masters are invited to attend this special training session on how to prepare Curriculum Vitae towards a targeted job or sector.
- CV Writing Drop-in Clinic for Masters Students
Masters students are invited to bring along their CVs for a one-to-one review session with a careers advisor or as a follow-up to the Graduates School’s CVs writing for Masters Students.
- How to Succeed in Assessment Centres (Masters Students)
This session will help students to prepare for assessment centres which are used as part of an organisation’s recruitment processes for jobs in industry or academia, in particular for highly competitive positions.
- Interview Techniques for Masters Students
A training session especially for masters students that explores the whole competitive process of the interview from preparation to presenting and demonstrating your interest on the day.
- Transferrable Skills for Masters Students
Students are encouraged to widen their skills base during postgraduate study in response to employer demand for transferrable skills as well as intellectual knowledge.
At Brunel we provide many opportunities and experiences within your degree programme and beyond – work-based learning, professional support services, volunteering, mentoring, sports, arts, clubs, societies, and much, much more – and we encourage you to make the most of them, so that you can make the most of yourself.
» More about Employability
Entry Criteria 2017/18
A 2:2 UK Honours degree or an equivalent internationally recognised qualification in management, business studies or a cognate discipline (with a large component of management related subjects in their degree) and evidence of numeracy skills.
Applicants with non-degree qualifications will be also considered who have relevant work experience (minimum 5 years full-time post qualification) and will be assessed on an interview basis.
Applicants may be required to attend an interview.
Entry criteria are subject to review and change each academic year.
International and EU Entry Requirements
If your country or institution is not listed or if you are not sure whether your institution is eligible, please contact Admissions
This information is for guidance only by Brunel University London and by meeting the academic requirements does not guarantee entry for our courses as applications are assessed on case-by-case basis.
English Language Requirements
- IELTS: 6.5 (min 6 in all areas)
- Pearson: 58 (51 in all subscores)
- BrunELT: 65% (min 60% in all areas)
Brunel University London strongly recommends that if you will require a Tier 4 visa, you sit your IELTS test at a test centre that has been approved by UK Visas and Immigration (UKVI) as being a provider of a Secure English Language Test (SELT). Not all test centres have this status. The University can accept IELTS (with the required scores) taken at any official test centre or other English Language qualifications we accept as meeting our main award entry requirements.
However, if you wish to undertake a Pre-sessional English course to further improve your English prior to the start of your degree course, you must sit the test at an approved SELT provider. This is because you will only be able to apply for a Tier 4 student visa to undertake a Pre-sessional English course if you hold a SELT from a UKVI approved test centre. Find out more information about it.
Brunel also offers our own BrunELT English Test and accepts a range of other language courses. We also have Pre-sessional English language courses for students who do not meet these requirements, or who wish to improve their English. Find out more information about English course and test options.
The Pre-Masters course has been designed to prepare international students who have not qualified for direct entry to Brunel University London's Master's degrees. Undertaking a Pre-Master's course will give you time to adjust to the rigorous research and independent study requirements of a postgraduate degree. This will ensure you get the most out of your master's studies at Brunel University London and go on to achieve graduation in your chosen field. See details.
Teaching and Assessment
Teaching and learning methods typically comprise weekly lecture/workshops with the use of PowerPoint slides and other audio-visual teaching aids. The virtual learning environment provides access to the module guides, teaching and learning materials, and other resources. There will be opportunities for active-learning and formative feedback.
The dissertation is a self-directed activity guided by a supervisor. Assessment is based on the project report. Most of the accounting modules are assessed solely by examination, as this is a requirement for potential exemption from the professional examinations. Other modules are assessed by coursework and examination.
Modes of Study
1-year full-time in September: The taught element of the programme (September to April) includes eight modules, which are delivered via a combination of lectures, workshops and seminars. A further four months (May to September) is spent undertaking the dissertation.
1-year full-time in January: The taught element of the programme includes eight modules which are delivered in two terms (four between January and April, and four between September and December). Delivery is via a combination of lectures, workshops and seminars. The dissertation is undertaken between May and August, and completed between January and March.
- Valuable accounting and management skills for students intending to seek employment in today's competitive job market and those who will work in the family business
- Strong foundation for entrepreneurs planning to set up and manage their own businesses
- Graduating students receive accreditation from ACCA in respect of three papers at Foundation Level
- Graduating students receive accreditation from ICAEW in respect of three papers at Professional Stage
- Graduating students receive accreditation from CIMA in respect of two papers at Certificate Level, one paper at Operational Level and two papers at Management Level
- Graduating students receive accreditation from AIA in respect of six papers, which form a part of the AIA professional qualification
- Firm foundation for future doctoral studies
Academics who teach on this exciting programme are part of the Accounting and Auditing Research Group (AARG) which is directed by Dr Jill Collis, who is also Director of the MSc Accounting and Business Management programme. Jill has developed a critical mass of research on the effects of accounting and auditing regulations on small and micro-entities, which has twice formed part of the UK government's regulatory impact assessment. It has also been used as the model for surveys in other EU Member States and contributes to the 'think small first’ approach to accounting regulation in Europe.
Students graduating from the MSc Accounting and Business Management in Brunel Business School will receive accreditation from the Institute of Chartered Accountants in England and Wales (ICAEW) for the following Professional Stage papers which form a part of the ICAEW Chartered Accountant qualification:
- Business and Finance
- Management Information
The ICAEW Chartered Accountant qualification, the ACA, is one of the most advanced learning and professional development programmes available. It is valued around the world in business, practice and the public sector. Details of the exemptions are listed on the ICAEW exemptions database.
Students graduating from the new MSc Accounting and Business Management will recieve accreditations from the Chartered Institute of Management Accountants (CIMA) in respect of the following papers:
- Certificate Level:
- C01 Fundamentals of Management Accounting
- C02 Fundamentals of Financial Accounting
- Operational Level:
- P1 Performance Operations
- Management Level:
- F2 Financial Management
- P2 Performance Management
Details of the exemptions are listed on the CIMA exemptions database.
Students graduating from the MSc Accounting and Business Management will recieve accreditations from ACCA in respect of the exemptions towards the Association of Chartered Certified Accountants (ACCA) for the following papers:
- F1 Accountant in Business (Knowledge module)
- F2 Management Accounting (Knowledge module)
- F3 Financial Accounting (Knowledge module)
- F5 Performance Management (Skills module)
- F7 Financial Reporting (Skills module)
Details of the exemptions can be found using the Exemptions Enquiry tool on the ACCA website.
Students graduating from the MSc Accounting and Business Management will receive accreditation from the Association of International Accountants (AIA) for the following papers which form a part of the AIA professional qualification:
- Paper 1: Financial Accounting 1
- Paper 2: Business Economics
- Paper 3: Management Accounting 1
- Paper 6: Information Processing
- Paper 11: Financial Accounting 2
- Paper 12: Management Accounting 2
Details of the exemptions can be found using the AIA Exemptions Database.
Fees for 2017/18 entry
Additional course related costs
Amongst other discounts and scholarships, Brunel University London is offering Academic Excellence Scholarships to postgraduate students (15%) and scholarships for Brunel Alumni (15%).
UK/EU students can opt to pay in six equal monthly instalments: the first instalment is payable on enrolment and the remaining five by Direct Debit or credit/debit card.
Overseas students can opt to pay in two instalments: 60% on enrolment, and 40% in January for students who commence their course in September (or the remaining 40% in March for selected courses that start in January).