Accounting and Finance MSc

Compulsory modules: Research Methods: This module develops knowledge of intermediate and advanced research methods, and provides a basis in research methodology for those who may eventually wish to pursue research degrees. Accounting Theory: This module critically evaluates a widespread and widely based set of theories that underpin any explanation of accounting behaviour and accounting regulatory output. International Financial Markets: This module provides an overview of financial instruments in a multi currency world, taking account of insights from portfolio theory concerning the relationship between risk and return, the diversification of risk, and the pricing of assets. Advanced Financial Reporting and Regulation: This module provides an advanced treatment of the main theoretical principles underlying financial reporting, and the practical implications of alternative regulatory regimes. Financial Analysis: This module analyses the techniques that are used to evaluate a company’s financial position and performance. Management Accounting: This module provides an understanding of the uses of financial data in measuring and evaluating business performance, and in setting the strategic aims of the organisation. Optional modules (choose 2): Corporate Risk Management: This module provides an analysis of pure risk and its management. Islamic Accounting and Financial Reporting: This module develops a critical awareness of theoretical and practical approaches to Islamic accounting and financial reporting. Islamic accounting standards are compared with IFRS, and the content and impact of academic research in this area is examined. Islamic Finance: This course provides an insight into topical issues relating to Islamic financial instruments and related risk management issues. Financial Econometrics: This module provides advanced coverage of econometric methods and practices that are used to model financial and business data. You will develop the independent capability to design, estimate and evaluate appropriate econometric models using econometric software. International Financial Management: In this module, the financial management of multinational companies, and the influence of the macroeconomic, fiscal, currency and political environments on business and financial decision making are examined in an international and global context. Investment Strategy and Portfolio Management: This module evaluates the development of investment strategies for bonds, equities and derivatives that are designed to achieve optimal risk return outcomes, and examines the measurement and evaluation of the performance of a portfolio of investments.