The purpose of the Master of Accounting 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.
The Master of Accounting is a 24-month programme delivered over eight week-long teaching blocks in Cambridge. Between visits to Cambridge, you continue to be engaged in coursework through the Virtual Learning Environment (VLE).
Residential dates for the 2021/23 cohort (exact dates tbc)
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.
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.
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.
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.
This course will cover the ways in which organisations of different types use data to measure, motivate, and improve performance.
The goal of this module is to equip you with the skills, theory and practice skills to engage in change management processes. It incorporates fundamental psychological principles to help you develop implementable skills to gain leverage in negotiating favourable support for change initiatives.
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 analytic techniques look for relationships between variables to predict outcomes of interest. Regression and other algorithms will be covered in this course.
In this module you will critically analyse sustainability disclosure frameworks and standards, as well as the disclosures themselves. You will also explore the political, social, and strategic issues that shape the quality and interpretation of those disclosures.
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.
Learn techniques to analyse and interpret the data in financial statements to “tell the story” of a firm.
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.
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.
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.
This a collaboration between an external organisation and MAcc participants. MAcc participants form small groups within their cohort and act as a team of consultants for an organisation of their choice. The project may cover any business challenge or opportunity faced by their “client”. Participants can work with any company, not for profit organisation or public sector organisation of their choice. Over an extended period, the team delivers agreed outcomes and receive client feedback.
Critical Issues in Accounting Conference
Students participate in a conference with senior leaders in the accounting profession to learn about important trends in the industry.
Students choose two electives. The electives offered may vary from year to year. This list below should therefore be regarded as illustrative:
- Accounting for Early Stage Firms
- Mergers & Acquisitions
- Accounting in Financial Service Firms
- Criminal Forensic Accounting