Course details

Study options

Full-time: 1 year, Part-time: 2 years

UK fee

£9,450 for the full course* (2024/25)

International fee

£14,900 for the full course (2024/25)

Course level




Start dates

September, January


Derby Campus

Offering a challenging and intellectually stimulating learning experience, our MSc Accounting and Finance prepares you for ACCA professional level examinations alongside a highly respected masters qualification.

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90%overall satisfaction with the quality of the coursePostgraduate Taught Experience Survey (PTES) 2023

This MSc Accounting and Finance prepares you to be operationally and strategically effective in senior finance roles in any sectors, anywhere in the world.

Enhance your career prospects

We deliver thorough and inspirational training. You’ll extend your practical skills in the core areas of finance and accounting, gain a strong theoretical framework of knowledge and develop important research and analytical abilities.

The MSc offers a dual approach to learning which will help you create a CV of real interest and substance. If you have passed ACCA F1 – F9, or have exemptions for these papers then you can start working towards your ACCA professional level papers in parallel to studying for your masters qualification, with comprehensive support and guidance from your personal tutor throughout. 

When you’ve completed the course, you’ll be fully equipped to advance your career within an increasingly complex and global business environment.

Making it real

We link the academic content of the course to real life business scenarios throughout. Via challenging consultancy projects, you’ll work with employers and leading professionals who will share their experiences with you and bring you up to date with latest developments in finance and accounting.  

They deliver guest lectures, offer professional mentoring, give their input to assessments, and provide live case studies to bring a new dimension to your learning.

Many employers also offer our students short-term or medium-term finance-related internships, either on a paid or voluntary basis. The list of opportunities is broad. You could, for instance, make a difference to a local community organisation: our students have enjoyed internships with Derby Museum and the Citizens Advice and Law Centre in Derby.

Be inspired by our expertise

You’ll be taught by a dedicated team of professionally qualified (CIMA, ACCA, CIPFA and ICAEW) accountants who have many years of teaching, learning and assessment experience in higher education and professional accountancy programmes.

Among them are staff who have also taught on ACCA and CIMA courses so are ideally placed to help you prepare for your external professional papers. They also include active researchers whose work underpins and enriches the course.

Build your networks

The College of Business, Law and Social Sciences is proud of its role at the heart of the regional business community. We provide you with an academic experience that connects you to this business world, improving your networking skills and building your professional contacts.

Our MSc Accounting and Finance students have taken part in our Geldards Debate Series and our Network of Entrepreneurs events, and have attended talks by inspirational senior figures such as Sam Rush, former CEO of Derby County Football Club. All these opportunities give you a broader picture of business in action.

A dynamic learning experience

Class sizes are small so you’ll enjoy plenty of guidance in a friendly and stimulating atmosphere. Because the MSc attracts students from across the world, you’ll also be able to deepen your knowledge of accounting and finance in other countries and the cultural implications of business practice.

In our Financial Markets Lab you can gain hands-on experience of trade floor activities and financial market analysis. It gives you the chance to work with data direct from the stock exchange to simulate what it’s like to work in such a fast-paced arena.

We encourage you to take part in a wide range of extra-curricular activities and these can lead to an additional award to show employers the breadth of your experience. Our special Derby Futures Award for the enables you to build a portfolio showing what you have achieved above and beyond your studies – from networking to volunteering, from taking part in competitions to attending leadership workshops.

It’s all about demonstrating your ambition, confidence, independent thinking and professional behaviour to help you secure your ideal job and achieve greater success in your career.

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New Derby Business School in the city centre

We're building a new Derby Business School, serving as an international centre of excellence. The superb new teaching facilities will build on our established reputation for inspirational teaching and research excellence, as we shape the next generation of qualified business leaders.

Find out more about our new Derby Business SchoolFind out more about our new Derby Business School
Multi-Faith Centre, Kedleston Road

Postgraduate Open Event

Join us at an upcoming Postgraduate Open Event, where you will get the opportunity to meet our expert academics and find out more about your course.

Book your Postgraduate Open EventBook your Postgraduate Open Event

What you will study

The course is made up of three stages – Postgraduate Certificate, Postgraduate Diploma and MSc.

To complete the MSc Accounting and Finance, you'll study modules such as: 

Strategic Business Leader

This module will develop your ability to exercise professional judgement in undertaking the role of the accountant in respect of governance, internal control, compliance and the management of risk in an organisation, all within an overall ethical framework. It focuses on enhancing your application, communication and technical skills.

Market Analysis 

You’ll integrate your understanding of strategic analysis, marketing, finance, people management, IT, project management and business process change to make an informed analysis of the issues facing a business. You’ll then apply that knowledge and make reasoned judgements so that you can give practical, commercial advice based on a real business scenario.

Corporate Reporting

Providing a mix of technical and non-technical understanding, this module covers the application of international accounting standards to the preparation of group accounts. You’ll evaluate the ethical implications of selecting appropriate corporate reporting strategies and discuss the impact of contemporary and emerging corporate reporting issues on strategic business decisions.

Advanced Financial Management

You’ll develop your skills in managing the conflicting needs of stakeholders as part of a senior financial manager’s responsibility; analysing the impact of macro economics in the financial management of multinationals; evaluating potential investment decisions; planning strategic growth and corporate reorganisation; and applying alternative advanced treasury and risk management techniques.   

Advanced Performance Management (subject to availability)

This module deepens your understanding of the links between management accounting and organisational strategy. It investigates external and internal influences on performance measurement in not-for-profit organisations and private companies. You’ll gain in-depth knowledge of performance management systems and insights into whether management accountants can forecast and help prevent business failure.

Advanced Taxation (subject to availability)

You’ll gain further knowledge and understanding of business and personal taxation within a UK and international context. This will equip you to make decisions and provide recommendations surrounding strategic financial and taxation issues at senior levels within an organisation. You will also look at the impact of government taxation policies on businesses and individuals.

Advanced Audit and Assurance

You’ll discuss the nature, purpose and scope of audit and assurance practice, evaluating information systems and internal control systems and exploring the auditor’s position in relation to professional and ethical frameworks. This module equips you to appraise current approaches to undertaking an audit and assurance services within the requirements of international standards.

International Finance

Investigate how the global financial system works, examine international sources of finance and suitable investment opportunities, form a critical awareness of the risks associated with international trade, and evaluate how fluctuations in exchange rates affect a business.

Mergers and Acquisitions

Drawing on a range of disciplines, you’ll gain a strategic financial perspective on the use of mergers and acquisitions in business strategy. This module will help you to evaluate and analyse potential mergers and acquisitions and to make recommendations for a way forward in light of a company’s objectives.

Independent Study: Research Methods (20 credits)

Independent Study: Dissertation (40 credits)

Please note that our modules are subject to change - we review the content of our courses regularly, making changes where necessary to improve your experience and graduate prospects.

How you will learn

You will learn through a mixture of lectures, group work, discussions, workshops, case-study analysis, practical analysis and personal networking.

How you'll be assessed

The MSc Accounting and Finance uses a range of assessment methods including case study evaluation, time constrained assignments, reflective writing, research-based papers, presentations and group work. 

We have also introduced assessments that will enhance your digital literacy capabilities, such as reporting via video and presenting data using infographics.

Who you'll meet

Our staff are passionate about their subject disciplines and committed to your success. The team includes:

Who will teach you


Thomas Adeyemi
Programme leader

Thomas Adeyemi is a Senior Lecturer in Accounting and Finance with extensive industry experience across diverse sectors.

View full staff profileView full staff profile

Entry requirements

For the MSc you will usually need:

To take advantage of the dual learning offered by the MSc programme, you will need:

Fees and funding

2024/25 (August 2024 - July 2025)


£9,450 for the full course*

£1,050 per 20 credits


£14,900 for the full course


Please note fees normally increase in line with inflation and the University's strategic approach to fees, which is reviewed on an annual basis. The total fee you pay may therefore increase after one year of study.

* UK full-time fees paid within one academic year are rounded down to the nearest £50 if applicable

Additional costs and optional extras

About postgraduate awards

Please note at postgraduate level, you’ll need to gain the following number of credits in total to obtain the respective awards. If you have any questions please contact us.

Postgraduate Certificate60 Credits
Postgraduate Diploma120 Credits
MA or MSc180 Credits

This means you will gain 180 credits in total to complete the full MA or MSc. If you are studying part time you will normally complete your studies over two or three years, depending on the course structure.

Funding your studies

Find out more about fees, postgraduate loans and support you may be entitled to.

Find out about funding your studiesFind out about funding your studies

Alumni discount for Derby graduates

We offer a discount on postgraduate course fees for all Derby alumni.

Find out about the Alumni discountFind out about the Alumni discount

Students chatting to each other

International student scholarships

We have a range of scholarships and discounts available to international students which can be used together to offer a reduction in your tuition fees.

Find out if you're eligible for an international scholarship Find out if you're eligible for an international scholarship

How to apply

Please look at our application deadlines before you apply.

Full-time 12 month and part-time


There is always a demand for professional accountants and the MSc Accounting and Finance will equip you to embark on a new career – or advance your existing career – in many diverse roles and sectors, anywhere in the world.

Our graduates have taken up accounting and finance careers in both public and private sector businesses, ranging from local practices to multinational accounting firms.

Among their career destinations are senior roles with PwC, HMRC, the NHS, Baker Tilly International, epm:technology group, Ashgates Accountants and Business Advisors, Bates Weston and Prime Chartered Accountants.

Our strong links with the business community have opened doors to many exciting job opportunities. Over the last two years, Rolls-Royce have recruited our graduates into their finance department on six-month contracts which have subsequently become permanent jobs.

The MSc is fully focused on helping you to realise your career ambitions. We run a series of ‘professional development’ hours that you are invited to attend to nurture your broader employability skills and help you chart your future direction.

Special sessions are devised to fill any skills gaps which students themselves identify. We have, for instance, responded to requests for extra tuition in the use of Excel. You will also strengthen your CV through the extra-curricular activities undertaken as part of the Futures Award.

Professional accounting bodies such as ACCA and CIMA visit the University to showcase the different career routes that students can explore. Our alumni often attend these sessions too, sharing their own career experiences and often highlighting current vacancies within their own organisations.

Contact us

If you need any more information from us, eg on courses, accommodation, applying, car parking, fees or funding, please contact us and we will do everything we can to help you.

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Additional information about your studies

Download programme specification

Teaching hours

Like most universities, we operate extended teaching hours at the University of Derby, so contact time with your lecturers and tutors could be anytime between 9am and 9pm. Your timetable will usually be available on the website 24 hours after enrolment on to your course.

Additional costs and optional extras

We’re committed to providing you with an outstanding learning experience. Our expert teaching, excellent facilities and great employability prepare you for your future career. As part of our commitment to you we aim to keep any additional study costs to a minimum. However, there are occasions where students may incur some additional costs.

The information provided on this page is correct at the time of publication but course content, costs and other individual course details do change from time to time and are updated as often as possible, so please do check these pages again when making your final decision to apply for a course. Any updated course details will also be confirmed to you at application, enrolment and in your offer letter.

Included in your fees
Mandatory costs not included in your fees
Optional costs not included in your fees

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