Master of Science in Accounting and Financial Management
Summary
The Master's programme in Accounting and Financial Management includes rigorous exploration of financial accounting, management accounting, and financial management. Faculty active in research, practice, and policy setting, will equip you to produce and analyse high quality information to guide organisations in investment decisions, planning, performance evaluation, restructurings, and funding activities. We emphasise interaction between theory and practice and contemporary development within digitalisation and sustainability.
About
Accounting and financial management are crucial for firm performance and economic efficiency. Strong competences in both accounting and financial management are needed to understand the interplay between firms, investors, and other stakeholders in a continuously changing society. Our programme stands out by providing these competences. Built upon a strong research base the program is balanced between the subjects financial accounting, management accounting and financial management.
Financial accounting courses involve measurement and disclosure issues facing enterprises in their financial reporting, and the impact of these issues on financial statement users. Management accounting courses focus on the design and use of management control systems from both a strategic and business process perspective, and they incorporate state-of-the-art information technology solutions for performance management, decision-making, planning, and control. Financial management courses focus on long-term decision making with respect to investments, financing, and risk management.
Opportunities for interaction and engagement
Through lectures and group work-assignments, you will train your skills in oral and written communication, analytical problem solving, project management and teamwork.
Throughout the programme, you will have ample opportunities to engage with industry and surrounding society. We frequently have guest lectures, some of which provide an organizational perspective and discussions on how theory can relate to unique situations, and others that address the background, trends, and general developments in the field. Further interaction with industry is facilitated trough our internship course, possible thesis collaborations and the many events organized by the school and the school’s student union.
Contemporary developments in sustainability and digitalisation affect current accounting and financial management practices, and our programme continuously scrutinises these ongoing challenges and interactions, and provides you opportunities to engage with them.
International
An international atmosphere allows you to experience other cultures, improve your communication skills, and build a global network of friends. You will be part of a multicultural classroom. You also have great opportunities to go on an exchange semester through the school’s many exchange agreements with partner universities around the world. More information about possibilities to study abroad can be found under Exchange opportunities.
Programme structure and content
The programme extends over four semesters of full-time study. During semesters one and two, you take common core courses in accounting and financial management. During the third semester, you choose a number of elective courses within your area of interest. You can specialise within the field of accounting and financial management or broaden your skills with elective courses from other programmes. The third semester can also be spent at one of the school’s many partner universities, or at an external organization as part of our internship course. In the fourth semester, you will write a master's thesis.During the programme, you will be responsible for advanced work assignments and will learn through lectures, seminars, cases, and guest presentations.
Who should apply?
- Are you an analytical, meticulous, and assiduous person who wants to work in consulting, auditing, or in a corporate finance function?
- Do you enjoy making connections between conceptual and technical knowledge?
- Are you interested in quantitative analysis?
Then apply for the master’s programme in Accounting and Financial Management.
How to apply?
Here is a step-by-step guide on how to apply for MSc AFM.
Prerequisites and selection
Entry requirements
General entrance requirements:
A Bachelor's degree (equivalent to 180 ECTS credits) from an internationally recognized university and English 6/English B from Swedish upper secondary school or the equivalent level of an internationally recognized test. For more information about general entrance requirements see universityadmission.se (English) and antagning.se (Swedish).
Programme specific entrance requirements:
A minimum of 60 credits of courses in business administration and 30 credits in economics, or 60 credits in economics and 30 credits in business administration, with a specialization in accounting or finance/financial management, and a minimum of 15 credits in statistics or 7,5 credits in statistics and 7,5 credits in quantitative methods and/or mathematics.
Special instructions for application
Find out more on how apply to the master's programme.
Selection
Applicants who meet the entrance requirements (general and programme specific) are divided into two groups. First, all places are allocated to applicants in group 1. If any places are left they are distributed to applicants in group 2.
Group 1 (prioritized)
Group 1 is applicants with a GMAT score or a personal motivation application. Applicants are ranked by their GMAT score result/personal motivation application. Applicants with a GMAT score are admitted before students with a personal motivation application. For further information: minimum GMAT score, application instructions, last date to write test etc. Applicants with test results that do not meet the minimum are placed in selection group 2.
Group 2 (secondary)
Group 2 is applicants ranked by number of university credits (ECTS). Applicants are ranked by number of credits reported on the last day for application (max. 165 ECTS).
If several applicants have the same number of credits the selection of students is made by ballot.
After graduation
Graduates of the programme receive a degree of Master of Science in Accounting and Financial Management.
Our graduates work in places such as financial advisory firms, accounting firms, and corporate finance functions in positions such as controller, auditor, and financial analyst.
You will be equipped to enter a variety of professions in both the private and public sector, such as the following:
- managerial and financial controller
- management consultant
- financial officer
- financial reporting specialist
- financial analyst
- auditor
More information about after graduation
Facilities
The School of Business, Economics and Law is located at one end of Vasagatan, closest to Haga, and at Viktoriagatan 13. The building at Vasagatan houses the Economics Library, which is several floors high and offers many study places. The building is usually nicknamed "Handels".
More information about facilities
Exchange opportunities
Many of our students choose to go on exchange. By studying abroad, you will be given the opportunity to experience a new academic environment, new culture and gain new experiences and perspectives. The School of Business, Economics and Law and the University of Gothenburg collaborate with a large number of partner universities all over the world. Please visit International office for more information.
