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Programme overview

The purpose of the Cambridge MAcc is to develop next generation global thought-leaders in the field of financial information. Stepping into this role will require you to:

  • Make complex decisions in the face of ambiguity relying on knowledge of accounting standards, judgment, and discretion
  • Formulate questions, gather data, apply statistical techniques to that data, and persuasively communicate resulting insights
  • Anticipate and incorporate innovation

Pre-course preparation

Before enrolling, you'll need to show that you're proficient in the fundamentals of both financial accounting and the programming language Python. You may already have built up these proficiencies in your professional life. If not, we will provide coursework for you to complete before the programme commences.

Term 1 (Year 1)Sep - Dec
Orientation Week

Spend a week in Cambridge getting to know your fellow participants/students, meeting the programme leaders and settling in at Cambridge Judge Business School.

Probability & Statistics

Learn the essential concepts in probability and statistics upon which analytical techniques to be learned and applied later in the programme are built. Basic probability, statistical inference, hypothesis testing, and statistical distributions will all be covered.

Internal & External Audit

Internal and external audit are key mechanisms by which organisations manage risk and maintain accountability. This course will cover topics in audit such as judgment, technology, regulation, and ethics.

Global Financial Reporting

Through this course you will gain a deep understanding of the most complex items in corporate financial reports, how the standards governing those items change and are developed in a political environment and how you can and should advocate for changes in financial reporting standards.

Strategic Performance Management

This course will cover the ways in which organisations of different types use data to measure, motivate, and improve performance.

Term 2 (Year 1)Jan - Apr
Interpersonal Dynamics

The ability to develop strong relationships is crucial in managing and leading effectively. Through this experiential course, you will improve your understanding of how you are perceived by others which will help you better create relationships, particularly across differences.

* Note that in recognition of the pressure accountants are under at this point in the calendar year, this term will require only two visits to Cambridge.

Conference: Critical Issues in Accounting

Participate in a conference with senior leaders in the accounting profession to learn about important trends in the industry. It is anticipated that the theme of the 2019 conference will be financial reporting and attestation in relation to climate change and environmental impact. Experts from industry, regulatory entities, and academia will share their unique perspectives.

Term 3 (Year 1)May - Aug
Structured & Unstructured Data

Drawing insights from large data sets will require you to understand how to work with different types of data sources. Some data is in a tabular format (structured) and you will learn to use SQL to prepare it for further analysis. Other data such as contracts or emails (unstructured) requires a different set of tools. This course will cover both types of data.

Descriptive Analytics

Descriptive analytics is a set of tools that will enable you to summarise data sets to explore their contents and draw conclusions. Statistical and visual methods will be covered.

Predictive Analytics

Predictive analytic techniques look for relationships between variables to predict outcomes of interest. Regression and other algorithms will be covered in this course.

Term 4 (Year 2)Sep - Dec
Financial Statement Analysis

Learn techniques to analyse and interpret the data in financial statements to "tell the story" of a firm.

Analytics for Financial Accounting & Risk Management

This course will require you to apply data and statistical techniques you learned in prior terms to settings related to financial information such as financial reporting and internal audit. We will focus in particular on the areas of anomaly detection and risk assessment.

Analytics for Managerial Accounting & Ops Management

In this course you will apply analytics techniques for the purpose of improving performance in a firm’s operations, measurement and control, and incentive structure.

Term 5 (Year 2)Jan - Apr
Negotiations

Negotiations are complex engagements involving value creation and distribution, different incentives and points of view, and differing objectives between parties. This experiential course will give you practice in the subtleties and nuances of the skill of negotiation.

* Note that in recognition of the pressure accountants are under at this point in the calendar year, this term will require only two visits to Cambridge.

Conference: Critical Issues in Accounting

Participate in a conference with senior leaders in the accounting profession to learn about important trends in the industry. Experts from industry, regulatory entities, and academia will share their unique perspectives.

Term 6 (Year 2)May - Aug
Current Issues in Financial Reporting, Governance & Ethics

Through cases, discussions, and guest speakers, this course will dive deep into the very latest issues and developments in financial reporting, governance, and ethics. The ever-changing financial regulatory landscape will be covered in detail as well.

Group project

The group project will give you a chance to apply the skills you have learned in the MAcc to a real assignment for a host company or organisation. The project will also allow you to gain experience working in an area that interests you.

Electives

Elective courses include:

  • Accounting for Early Stage Firms
  • Mergers & Acquisitions
  • Accounting in Financial Service Firms
  • Criminal Forensic Accounting

More details to follow.

  • Core courses
  • Electives
  • Projects
  • Orientation
  • Conferences

Please note that the content of the programme is subject to change.

Programme delivery

The MAcc is a 24-month programme delivered in a format that allows you to continue your employment while completing your studies.

Classes will meet in person in Cambridge one weekend per month (Friday and Saturday). Meeting will be less frequent between January and April. Between visits to Cambridge, you continue to be engaged in coursework through the Virtual Learning Environment (VLE).

2018/19 Term Dates
11-16 September 2018 (Orientation Week)
19-20 October 2018
16-17 November 2018
14-15 December 2018
22-23 February 2019
April 2019 (exact dates tbc) (Critical Issues in Accounting Conference)
17-18 May 2019
14-15 June 2019
19-20 July 2019