M.Sc. Accounting and Control

VU University Amsterdam

Application deadline: 1 June via www.vu.studielink.nl (students with direct admission) / International degree students: 1 April (different deadlines may hold for other category students)
Tuition fee:
  • € 12,000 / Year (Non-EEA)
Start date: September  2014, September  2015
Credits (ECTS): 60 ECTS
Duration full-time: 12 months
Languages:
  • English
Location:
Disciplines:
Delivery mode: On Campus
Educational variant: Full-time

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Description

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Control the finer points of financial management and financial statements, master the world of accountancy and corporate governance
IFRS: a help or a headache?

Well, maybe the International Financial Reporting Standards are a bit of both. But rest assured, this Masters will give you a solid grounding in IFRS, one that will enable you to understand the increasing complexity of state-of-the-art financial reporting.

How much is too much?

The rewards reaped by top managers are the subject of a heated debate, and it doesnt look like things will cool down anytime soon. You will learn how to combine a legal perspective with insights from management accounting and control to design robust corporate governance mechanisms.

Career prospects
Once you have successfully completed the Masters programme in Accounting and Control, you will possess solid knowledge of the production chain within the financial and administrative operations of major organizations. You will have mastered the various aspects of these processes, from the initial recording of transactions through internal reporting and its implications for decision-making, to external presentation and the auditing of reported figures.

The direction you decide to take will depend partly on your alialization. Management Control and Accounting trains you to become a financial manager and controller. The specialization in Financial Accounting and Auditing will allow you to embark on a career as an internal or public auditor. The Information Management specialization will prepare you for a career in the field of management accountancy and consultancy, with an emphasis on aspects related to designing, running and securing information systems.

Programme graduates will be equipped for entry-level positions as assistant controllers or assistant auditors, for example. The programme is an excellent springboard for the kind of further professional training that is normally expected for such positions.

VU University Amsterdam itself offers a range of postgraduate programmes leading to qualifications such as Certified Controller, Registered Auditor (Netherlands), EDP Auditor, Financial Analyst (CFA), Management Consultant, Change Manager or Public Sector Controller. In addition, the university offers PhD programmes for those students who wish to pursue an academic career, or who wish to deepen their knowledge even further prior to embarking on a professional career.

Contents

The Master's in Accounting and Control is a one-year programme consisting of a minimum of seven courses and a thesis. The programme sets a quick pace, with short, focused teaching periods of six weeks, followed by exams. The core of the programme consists of required courses in financial reporting, management accounting, corporate law, corporate governance and empirical research in accounting.

In addition, you will have the opportunity to take a range of electives on subjects such as auditing, accounting information systems, management control, corporate finance and accounting theory. Courses typically consist of a mixture of lectures and active teaching methods, involving both individual and group work.

Finally, you will write a Master's thesis worth 18 credits. Your thesis will demonstrate that you possess both the knowledge of the discipline expected of an aspiring professional, and the research, analytical and reporting skills required of a competent researcher.

Requirements

There are strict admission criteria. These are set by the Admissions Board, which also decides on individual applications. The requirements are split up into Master specific requirementsand general requirements. Please read them both carefully.

VU University Amsterdam requires all applicants to take an English test and to submit their score as a part of the application. In order for you to be admitted unconditionally you must send us a certificate from a recognised authority concerning your proficiency in English including the writing/composition test (e.g. TOEFL, IELTS, Cambridge International Examinations CAE: A/B or CPE: A/B/C). Check the specific Language Requirements.

English Language Requirements

IELTS band: 6.5
CAE score: (read more)

Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever.

75 (Grade B)
TOEFL paper-based test score : 580
TOEFL iBT® test: 92

Funding

Scholarships / Grants:
VU University Amsterdam:VU University Amsterdam awards its own scholarships to outstanding students joining our international Master's degree programmes. The VU Fellowship is an amount of money between 2.500 and 15.000 Euros to cover a part of the study expenses. The general criteria for selection are excellence, motivatioFor additional information: Website

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Accreditation

Accredited by: NVAO in: The Netherlands

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