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 learnWhat 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.
Your developmentYour development
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
Course accreditationCourse accreditation
This course is accredited by the Chartered Institute of Management Accountants (CIMA) and the Associate of Chartered Certified Accountants (ACCA) and provides you exemptions from professional examinations.
You have two options to choose from to join CIMA:
- A gateway route which is an accelerated route which allows you to take the CIMA’s Master’s gateway assessment. Once successfully passed, you will be granted 11 exemptions from CIMA’s certificate, operational and management level exams.
- A non-gateway route which provides you with the following exemptions:
BA1 Fundamentals of Business Economics
BA2 Fundamentals of Management Accounting
BA3 Fundamentals of Financial Accounting
E1 Organisational Management
P1 Management Accounting
P2 Advanced Management Accounting
You will also be eligible for the following exemptions from Associate of Chartered Certified Accountants (ACCA):
F1 Accountants in Business
F2 Management Accounting
F3 Financial Accounting
F5 Performance Management (upon passing Performance and Decision Management (NBS8224) and Managerial Decision Making and Planning (NBS8233))
Career focusCareer focus
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:
You will study modules on this course. A module is a unit of a course with its own approved aims and outcomes and assessment methods.
Modules for 2018 entry
Compulsory modulesCompulsory modules
- NBS8001 International Finance and Capital Markets
- NBS8401 Business Context and Operations
- NBS8135 Introduction to Financial Reporting
- NBS8223 Dissertation (Consultant Report)
- NBS8224 Performance and Decision Management
- NBS8233 Managerial Decision Making and Control
- NBS8235 Financial Planning and Investment
- NBS8301 Managerial Economics and Organisational Architecture
Modules change annually to take account of:
- changing staff expertise
- developments in the discipline
- the requirements of external bodies and partners
- student feedback.
Most module information for 2019 entry will be available from mid-May 2019.
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.
Find out the equivalent qualifications for your country.
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English Language Requirements
Select an English language test from the list to view our English language entry requirements.
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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.
I do not only feel part of a postgraduate community - I feel part of a community at Newcastle University. Although there is a specific room for postgraduate students, I mostly work in the common rooms available to everyone. From my experience, it does not really matter which subject you study or at which stage you are – everyone is part of the Newcastle University community.
Fresher's Week is a great opportunity to get to know Newcastle, as well as make a LOT of friends! I would highly recommend going along to the events if you’re new to the city. By the time teaching came around. I felt completely ready to study and live in this new place.
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.
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.