Our Accounting, Finance and Strategic Investment MSc prepares you for a career in management accounting, financial planning or corporate investment.
Strategic planning is an organisation’s process of defining its strategy or direction and making appropriate decisions on the allocation of resources to best achieve its objectives.
The course contains significant elements of finance and management accounting. It provides the necessary tools for quantitative assessment of corporate performance and investment opportunities.
The course is for graduates who are looking to develop a career in:
- financial planning
- corporate investment
What you'll learn
You will cultivate a skill set that will enable you to influence financial and strategic decisions from inside a company. Management accounting and financial analysis each play a leading role in the development of these skills.
You will gain a strong foundation of financial knowledge and analytical skills. You will develop an appreciation of managerial decision making and investment.
On completion of the course, you will be able to show practical skills and the ability to:
- implement appropriate business strategies that optimise the financial interests of key stakeholders in various organisational environments
- systematically collect, analyse and interpret data
- provide advice about how to apply financial models, tools and techniques to improve organisational performance
- understand and apply as appropriate product costing, budgeting, capital budgeting, and other management accounting techniques to make strategic decisions
This course provides you with exemptions from seven Chartered Institute of Management Accountants (CIMA) professional examinations. These include:
- C01 Fundamentals of Management Accounting
- C02 Fundamentals of Financial Accounting
- C03 Fundamentals of Business Mathematics
- C04 Fundamentals of Business Economics
- P1 Performance Operations
- E1 Enterprise Operations
- P2 Performance Management
Graduates of this course have undertaken various roles including:
- Financial Trader
- Risk Analyst
- Revenue Analyst
- Tax Assistant
- Accounting Associate
- Management Consultant
The course is modular, comprising 180 credits.
You must also complete a dissertation, which takes the form of a consultant’s report. You will choose a company and use available information to produce your report along with recommendations on performance and strategy.
Practitioner and research led teaching
Profiles of academic staff who teach on the course:
Modules for 2017 entry
- NBS8001 International Finance and Capital Markets
- NBS8401 Business Context and Operations
- NBS8135 Introduction to Financial Reporting
- NBS8223 Dissertation in Accounting, Finance and Strategic Investment
- NBS8224 Performance and Decision Management
- NBS8233 Managerial Decision Making and Control
- NBS8235 Financial Planning and Investment
- NBS8301 Managerial Economics and Organisational Architecture
Fees & Funding
The fees displayed here are per course.
Full time: £7,200
Full time: £7,200
Full time: £19,200
A 2:1 honours degree, or international equivalent, in any subject. You also need to have a good basic level of numeracy equivalent to UK GCSE or above.
To study this course you need to meet our Band 6 English Language requirements:
Direct Entry: IELTS 6.5 overall (with a minimum of 6.0 in all sub-skills)
If you have lower English Language scores, you may be accepted onto a pre-sessional English course.
Our typical English Language requirements are listed as IELTS scores but we also accept a wide range of English Language tests.
The equivalent academic qualifications that we accept are listed on our country pages.
Pre-sessional English Course RequirementsPre-sessional English Course Requirements
- 6 week Pre-sessional entry: IELTS 6.0 overall (with 6.0 in writing and a minimum of 5.5 in all other sub-skills)
- 10 week Pre-sessional entry: IELTS 6.0 overall (with 1 sub-skill at a minimum of 5.0 and 3 sub-skills at a minimum of 5.5, including writing)
You can study our Pre-sessional English course at the INTO Newcastle Centre.
How to Apply
The course starts in September. There is no application closing date for this course.
We suggest international students apply at least two months before the course starts. This is so that you have enough time to make the necessary arrangements.
There is a non-refundable application fee of £50. You need to pay this before we can process your application.
To pay your application fee and make an application please visit our WebStore.
If you live outside the UK/EU you must:
- pay a deposit of £1,500
- or submit an official letter of sponsorship
The deposit is payable after you receive an offer to study at Newcastle University. The deposit is non-refundable, but is deducted from your tuition fees when you register.
The atmosphere, quality and attitude towards studying at Newcastle University from the students was very appealing to me and different to what I had experienced in the past. At Newcastle, students are here to learn and studying is the priority, they take pride in their achievements and have a vision to why they are here. I wanted to be part of such a great community and improve my employability by studying at a highly recognised institution.
This programme was ideal for me as it enabled me to pursue my career in the financial sector without needing to study heavy and in-depth financial modules, yet still equipping me with all of the required knowledge and concepts for my choice of career. The programme taught me how to understand a company from the inside, in other words, how managers would want their company to be presented to their investors.
More than anything, I enjoy the flexibility of my course. You do not need a business background to study a postgraduate business course and it was an easy transition, with good introductory courses and awareness amongst staff that some students are new to the field.
The most enjoyable part of the programme was an in-depth insight into three different areas of the financial environment, accounting, finance, and economics, which simultaneously allow for a sophisticated analysis of companies, markets, economic forces and financial instruments.
There were several reasons as to why Newcastle University stood out for me. In addition to being one of the top 20 universities in the UK, I discovered that the employability of Newcastle University graduates is very high with over 90% in work within six months of graduation – this was something I found really impressive.
I’ve enhanced my education with more in-depth knowledge in the same field I started with my Bachelor degree. Through this Master's programme, I had the chance to meet more specialised lecturers and sometimes the authors of the text books I was using, which broadened my knowledge and opened my mind to research and the latest updates in my field.