SG Consultancy Services, MSc Accounting & Finance in Greenwich School of Management, London

The University of Wales Master of Science programmes at Greenwich School of Management offer a range of disciplines in the functional areas of Management, HR, Accounting & Finance, Marketing and Business Management. These programmes are available in both the full and part time modes.

Our popular MSc Degree in Accounting and Finance has been designed for graduate students who wish to develop an understanding of the complexities of accounting and finance functions and the importance attributed to these functions in the successful delivery of organisational objectives. Students who enrol on this degree will benefit from enhanced focus on key accounting principles, in conjunction with specific management orientated modules. On completion of this degree, students will appreciate the importance of financial management and how the principles of accounting are an essential element of organisational success.

Structure of the programme

Programme members complete six 20 credit modules and a 60 credit project as follows:

Module Description Nature and scope of financial information and its use in financial decision making; marginal costing and full cost pricing policy; break-even analysis and profit calculation; investment appraisal and methods of calculating rate of return including net present value and discounted cash-flow; use of ratios to indicate financial performance; financial planning and control processes; methods of budgetary control; resource allocation and financial planning; nature and structure of capital markets; methods of raising short term and long term capital; costs and risks of raising outside capital; cash flow calculation and forecasts.

Module Description The relationship between corporate objectives and financial performance; capital projects and financial appraisal; financial risks and their evaluation; financial cost benefit analysis; corporate financial structures; capital markets and financing policies; financial aspects of international business; exchange rate issues and risks; international investment by companies and its financial appraisal, international financial environment; short-term and long-term asset and liability management; short and long term cash management; multinational budgeting and cash flow management; currency derivatives, options and futures management; direct investment and franchising; political risks.

Management Accounting (20 Credits)

Financial Reporting (20 Credits)

Module Description The nature of the business environment and its impact on business organisations; financial institutions (domestic and international) and the effect of their policies; role of government in creating policies and their interaction with business; effects of technological changes and role of markets in influencing strategy; process of setting corporate objectives; nature of business planning and policy formulation to achieve objectives; evaluation of corporate strengths and weaknesses; resource acquisition and deployment; factors influencing corporate structures; diversification of products and markets; vertical and horizontal corporate structures; relationship between strategic and operational policies; controlling the direction and pace of change; strategic implications of the competitive environment.

Module Description Nature and purpose of business research; problems of identifying research methods; methods of writing a research proposal; features of the literature review; planning a literature search; evaluating literature and identifying changes in emphasis; the critical review; the research design; different approaches to research; nature and scope of secondary data; sources of data and references; evaluation of secondary data; limits of secondary data; sampling for primary data; observation, interview, semi-structured and in depth interviews; collecting data by questionnaires; questionnaire design; presenting and analysing data; identifying trends and significant relationships; qualitative data and its reliability; methods of presenting a project report; structuring, referencing and bibliography.

Assessment : All 20 credit modules, except for the Research Methodology and Dissertation Planning module will typically require a work assignment of approximately 3,000 words which will contribute 50% of the total marks for the module, and a two hour written examination or case study which contributes a further 50% of the module mark. However, varying methods of assessment strategy are employed across the modules. The Research Methodology and Dissertation Planning module requires a detailed dissertation proposal. The Project module requires a submission of a research dissertation of between 15,000 and 20,000 words.
Graduation : To be eligible for graduation and the award of MSc Business Management course members must gain 180 credits. Course Members are normally required to obtain a minimum of 50 per cent in each module in order to qualify for the award of Master of Science (Pass). An MSc with Distinction may be awarded where a course member’s average mark across the modules is 70 per cent or more.