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Strategic Financial Management

MSc

Tomorrow's management accountants and management consultants will be at the hub of both day-to-day and strategic organisational life - as dynamic partners to other business managers, and as leaders of change management projects, systems design, strategy formulation and much more. Our MSc in Strategic Financial Management is designed to equip students with the necessary knowledge and skills to embark on various business-related career alternatives.

Status: If you need a visa to study in the UK, this course is closed to applicants for Sept 2012 entry. Apply by 15th July for Sept 2013.

Why study Strategic Financial Management at Dundee?

As leading-edge research suggests, a broad knowledge of strategic management issues will, in the future, be essential in all medium and large organisations. Financial and non-financial management is no longer only for accountants, but is an important requirement amongst managers across all business functions. This programme offers students with an excellent platform, post-graduation, to enter the fast-changing worlds of management accountants, management consultants and global business managers.

Our course:

  • is informed by the latest, and leading-edge, research in the relevant discipline areas,
  • provides leading-edge insight into the roles and skills requirements for tomorrow's management accountants, consultants and global business managers,
  • contains an infusion of organisational case studies relating to (changing) financial management and management accounting practice, incorporating group discussions and presentations,
  • features graduate professionalism and employability.

What's so good about Strategic Financial Management at Dundee?

The MSc in Strategic Financial Management tackles subject areas that go beyond just financial analysis per se and encapsulates many other important aspects of the remit of today's management accountants, management consultants and business managers – which could include (but is by no means restricted to): strategy, change management, international financial reporting, corporate governance, corporate responsibility, accounting in developing countries or Islamic accounting.

The modules you study encourage you to think analytically and critically about the ways in which modern businesses organisations create and use financial (and non-financial) information, in both operational and strategic contexts.

An additional aim, specifically for overseas students, is to provide educational and cultural experiences which are unique to the UK; indeed a great deal of this uniqueness can also be attributed to Scotland and even Dundee.

Introduction to the School of Business

Watch the video below to learn more about the School of Business:

 

Who should study this course?

It offers management for those students who already have some accounting and/or finance background, and is suited to those students wishing to pursue careers as management accountants or management consultants within business organisations.

In addition, the programme also caters for non-specialists who wish to pursue a more general business/managerial career, but with increased financial and commercial astuteness.

Related courses

Teaching & Assessment

This course is taught by Accounting & Finance staff in the School of Business.

The start date is September each year, and lasts for 12 months.

How you will be taught

The degrees are taught full-time for a period of twelve months, starting in September each year. Modules are taught using a variety of teaching methods such as lectures, workshops, groupwork and student presentations.

What you will study

This programme runs for 12 months from September to August, and comprises five compulsory modules:

  • Research Methods
  • Quantitative Methods
  • Introductory Management Accounting
  • Strategic Management Accounting
  • Dissertation

Plus your choice of one other module from a range of courses, a typical list is shown below:

  • Corporate Finance
  • Corporate Responsibility
  • Corporate Governance
  • International Accounting & Reporting
  • Islamic Accounting

How you will be assessed

Semester 1 modules are examined in December.

Modules taught in Semester 2 are examined by the end of April/early May.

At this point, students will be directed, by their supervisor, to begin the dissertation phase of the degree (although they will be encouraged to begin thinking about their research topics in Semester 2).

The dissertation should take students around four months to complete with final drafts being submitted in late August/early September.

Careers

Students will be equipped with the necessary skills to embark on various business-related careers. Those with an accounting and/or finance background will be able to pursue such exciting and fast-changing careers as management accountancy or management consultancy within business organisations. Others will be able to pursue a more general managerial career with increased financial and commercial astuteness, as well as nurture a global business perspective.

The School of Business has excellent employment records for its students (and an impressive Alumni), and this new Masters-level programme is intended to continue this pattern of success and enable students to embark on fulfilling and rewarding careers. In this regard, the structure of the degree, with an emphasis on developing both technical and generic (soft) skills, in the context of a fast-changing business environment, will stand students in good stead.

Follow the School of Business Careers Rep on Twitter @UoDCBusiness.

Entry Requirements

An undergraduate honours degree or a relevant professional qualification.

English Language Requirement: IELTS of 6.5 (or equivalent), if your first language is not English. Please check our Language Requirements page for details of equivalent grades from other test providers, and information about the University of Dundee English Language courses.

Fees and Funding

Fees:
Academic Year Home/EU Overseas
2011-12 £3,400 £10,000 (MSc/MRes)
2012-13 £3,400 £10,500 (MSc/MRes)
2013-14 to be confirmed to be confirmed

Sources of Funding

Information about the School of Business scholarships can be found on the School of Business scholarships webpage.

Other sources of funding for postgraduate students can be found on our Scholarships webpage.

Living Costs

  • Dundee is ranked as one of the most affordable places for students to live in the UK, and the cost of living is around 15% cheaper than the UK average.
  • Increasing numbers of students are successfully undertaking part-time work to supplement their income. You can get advice from our Careers Service, both about job opportunities and how to find a suitable study/work/life balance. EU and international students are also allowed to work up to 20 hours per week.
  • As a student in Scotland, you have free access to the National Health Service. Visits to doctors and hospitals, as well as prescriptions, sight tests and dental checkups, are available free of charge.

How to Apply

Apply online via UKPASS

Dr Elizabeth Monk

School of Business
University of Dundee
Nethergate
Dundee
DD1 4HN
Scotland

Telephone: 01382 384789 (from the UK)
Telephone: +44 1382 384789 (from outside the UK)

Fax: 01382 388421 (from the UK)
Fax: +44 1382 388421 (from outside the UK)

Email: e.a.monk@dundee.ac.uk

Admissions Contact

Postgraduate Admissions
Admissions and Student Recruitment
University of Dundee
Nethergate
Dundee
DD1 4HN
Scotland

Telephone: 01382 384 384 (from the UK)
Telephone: +44 1382 384 384 (from outside the UK)

Fax: 01382 385 500 (from the UK)
Fax: +44 1382 385 500 (from outside the UK)

Email: postgrad-admissions@dundee.ac.uk