Financial & Management Accounting, M.Sc.

  • Application Deadline
  • 24 months
    Duration
  • Tuition
    12000
    Tuition (Year)
    Free
    Tuition (Year)
  • English (take IELTS)
    Language
University rank #201 ,
In the world of international business, there is a growing need in financial and management accounting for professionals, who meet the requirements set by the firms operating in a global business environment. The Financial & Management Accounting programme is offered at the University of Oulu.
  • Overview
  • Programme outline
  • Key facts
  • Admission requirements
  • Fees and funding

About

In the world of international business, there is a growing need in financial and management accounting for professionals, who meet the requirements set by the firms operating in a global business environment.

The Financial & Management Accounting programme is offered at the University of Oulu.

Department of Accounting and Finance at the Oulu Business School organizes a full two-year Master's programme in Financial and Management Accounting (FMA) that will give students the required skills and knowledge to work in firms having business relationships and operations in different countries.
Financial and Management Accounting

Financial accounting investigates the information and reporting systems of firms that are used by various interest parties outside of the firm. Management accounting develops and investigates information and reporting systems needed in the decision-making inside the firm. Scientific research in financial and management accounting focuses on the usefulness of the information provided by these reporting systems in different decision making contexts including the firm valuation, performance evaluation, pricing of the products of the firm, among others. A recent trend in financial and management accounting is the integration of local reporting systems towards the common international financial reporting system.

Master's Programme

Master's Programme in Financial and Management Accounting (FMA) provides a Master's degree of a high international standard and is ideal for applicants with a background in business studies, social sciences, education, natural sciences, mathematics or engineering. During the programme, the students develop proficiency in the analysis of accounting information, for the needs both of a company's internal decision-making and of the investors. Course modules reflect a recent trend in accounting towards the adoption of international financial reporting system and the growing need for management control and accounting of internationalised firms. Graduates have acquired the skills and knowledge needed in working for leading multinational corporations, audit firms or financial services industry. The programme also provides students with a solid foundation for further scientific research.

After graduation

University of Oulu graduates enter the job market as experts of the environment, economics, technology, medicine, education and culture. Research institutes such as CWC, Infotech, Biocenter Oulu and the Thule Institute offer possibilities for an academic career. Collaboration between the University, the city of Oulu, the research institutes and businesses is vast and productive. For a large number of companies, Oulu has been a favourable environment for their R&D.

Programme Structure

Courses included
  • International Financial Reporting
  • Corporate Governance
  • Fundamentals of Finance
  • Principles of Econometrics
  • Advanced Auditing
  • Cost Management Systems
  • Financial Accounting Theory
For more information, please visit the programme website.

Detailed Programme Facts

  • Full-time duration 24 months
  • Study intensity Full-time
  • Credits
    120 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus
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English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test
  • Minimum required score (Grade C): 180

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score: 580

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score: 92

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

Programme Specific Academic Requirements

Our programmes are designed for students with different university level backgrounds:

  • The Financial and Management Accounting programme is ideal for applicants with a background in business studies, social sciences, education, natural sciences, mathematics or engineering.

Tuition Fee Per Year

  • EUR 12000 International
  • Free EU/EEA

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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