MSc Accounting

This course provides the opportunity to develop analytical skills which can be highly valued by employers in the public and private sectors. Graduates have gone on to careers as accountants and roles in financial management and financial reporting.

The Course

The MSc Accounting at the University of Lincoln is a conversion Master's for those with a non-accounting background who wish to move towards an accounting-related career path.

In today’s globalised economy, standardised financial reporting is of utmost importance. This programme is designed to provide students with the opportunity to develop the skills required to progress to senior positions in accountancy.

Academically rigorous, the MSc Accounting programme provides students with the opportunity to both explore accounting practice in the context of contemporary theory and research and make sound financial judgements and recommendations.

Course content is reviewed regularly in line with industry practice, allowing students the chance to develop a thorough understanding of the International Financial Reporting Standards currently used by professionals around the world.

MSc Accounting students will be exempted from CIMA (Chartered Institute of Management Accounting) papers BA1, BA2, BA3 and BA4 plus P1, AIA (Association of International Accountants) Paper 1, Paper 3 and Paper 6 as well as ACCA F1, F2, F3, F4, F5 and F7 papers.

The taught element of the programme consists of six compulsory modules and one optional module.

Term 1:

  • Financial Accounting - Single Entity (30 credits)
  • Management Accounting - Product and Service Costing (15 credits)
  • Management Accounting - Planning and Control (15 credits)

Term 2:

  • Financial Accounting - Group Reporting (15 credits)
  • Current Issues in Governance and Finance (15 credits)
  • Management Accounting - Decision Making (15 credits)
  • Optional Module (15 credits)

The following is the list of options:

  • Social Entrepreneurship (15 credits)
  • International Entrepreneurship (15 Credits)
  • Strategy Making (15 Credits)
  • Global Supply Strategies (15 credits)
  • Sustainability Leadership (15 credits)
  • Comparative Human Resource Management (15 credits)

In addition, students will undertake a compulsory independent study element comprising Research Methods (15 credits) and Independent Study (45 credits).

Part-time students will complete the programme within two years. The programme structure for part-time study will be at the discretion of the programme leader.

Optional modules will run if at least 10 students select them. Timetabling arrangements may limit the availability of modules to some students. As the options reflect staff research interests, they may alter over time due to staff availability.

Contact Hours and Independent Study

Weekly contact hours on this programme may vary depending on the individual module options chosen and the stage of study. Please note irrespective of whether you are a full-time or part-time student your hours of study may vary from term to term and can be spread throughout the week.

Postgraduate level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. As a general guide, for every hour in class students are expected to spend at least four - five hours in independent study. For more detailed information please contact the programme leader.

Comparative Human Resource Management (Option)
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Comparative Human Resource Management (Option)

This module is designed to introduce students to the principal issues underlying international and comparative human resource management (IHRM) in a global context. Such issues have risen in prominence due to increasing trade liberalisation, ‘globalisation’, spread of multinational corporations (MNCs), outsourcing to Asia, developmental focus on Africa and economic integration within the European Union.

As firms increasingly internationalise, suitable strategies for managing human resources have become critical to competition between the MNCs. Students can develop an insight into managing human resources in different national contexts and examine those global and national factors that impact approaches taken to international human resource management. More specifically, the module aims to discuss and analyse those factors which result in variations in HRM practices and policies across national business systems.

Current Issues in Governance and Finance (Core)
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Current Issues in Governance and Finance (Core)

This module aims to provide an understanding of, and a challenge to, the wider relevance of the continuing evolution of corporate governance, its basis in law and code, and its interaction with the expectations under the International Financial Reporting Standards environment.

You will have the opportunity to develop a critical understanding of current issues affecting financial and non-financial reporting in an international context. The role of the accountant as a financial analyst and advisor is also considered and students are expected to develop their ability to advise on the implications of accounting regulation on reporting.

Final Project (Core)
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Final Project (Core)

The final project provides an opportunity for students with a range of experiences and interests to apply and develop their existing skills and knowledge to an independent study project, which affords an opportunity for both the expression of original thought and creativity; together with the application of analytical skills and critical reasoning. Our approach to research projects is to facilitate innovative approaches and diverse pathways to the final assessed piece of work.

Financial Accounting - Group Reporting (Core)
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Financial Accounting - Group Reporting (Core)

This module is designed to provide an introduction to single level group structures and the concept of fair value and inter-group transactions. Students have the opportunity to develop a solid foundation in the techniques of complex group accounting, including foreign subsidiaries and changes in structure.

Financial Accounting - Single Entity (Core)
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Financial Accounting - Single Entity (Core)

This module looks at financial accounting and financial reporting under International GAAP. It commences with the role and requirements of corporate financial reporting in the UK and explores the increasingly important subjects of ethics and corporate governance.

Students will have the opportunity to develop a solid foundation in the techniques of accounts preparation and a critical understanding of key areas of financial accounting for single companies. Throughout the module issues of codes of professional conduct and ethical behaviour are considered.

Global Supply Strategies (Option)
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Global Supply Strategies (Option)

This module will examine global supply chain strategies in detail by looking at both those strategies that have been successful as well as those that have been less successful. Students can examine contemporary phenomena such as offshoring, supply chain disruptions, innovation and sustainability using a variety of theoretical frameworks. Students can develop not only a better understanding of the challenges of managing global supply chains but also of some of the tools needed to implement effective and responsible global supply chain strategies. Given the strategic importance of global supply chains, an understanding of how to manage them strategically may be invaluable for students entering the job market.

International Entrepreneurship (Option)
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International Entrepreneurship (Option)

Entrepreneurship is an essential skillset in the development at global level of new and existing businesses, social enterprises, and more broadly societies and their economies. Enterprise is defined as the application of creative ideas and innovations to practical situations, combining creativity, ideas development, and problem-solving with expression, communication, and practical action. Entrepreneurship is the application of enterprise skills to creating and growing organisations in an international context in order to identify and build on opportunities.

This module draws on the latest UK QAA Guidance on Enterprise and Entrepreneurship in Higher Education and aims to develop, at an international level, enterprise awareness, an entrepreneurial mindset, and entrepreneurial capability, which can lead to entrepreneurial effectiveness which can be applied in a range of contexts.

Management Accounting - Decision-Making (Core)
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Management Accounting - Decision-Making (Core)

This module recognises the many different types of decision that managers are required to make and considers how management accounting information can be used in support of these decisions. Examples of management decisions include capital investments, product and service pricing, and make or buy decisions. The module is concerned with the development of the skills needed to understand and apply the various tools and techniques that may be used to support managers in planning and control. However, of equal importance is the critical appraisal of these tools and techniques in order to determine their relevance in different organisational contexts and the reliability of the information that they provide.

Management Accounting - Planning and Control (Core)
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Management Accounting - Planning and Control (Core)

This module begins with consideration, from a general management perspective, of the importance of planning and control to the organisation. The module then considers the specific tools and techniques within management accounting that are available to help the manager carry out planning and exercise control.

Major topics here include budgeting, forecasting, standard costing, performance reporting and interpretation of results. However, it is important to recognise that this module is not just concerned with the technical aspects of management accounting. Planning and control issues affect people and so the impact of management accounting on human behaviour is also dealt with.

Students will have the opportunity to develop the skills needed to understand and apply the various tools and techniques that may be used to support managers in planning and control. However, of equal importance is the critical appraisal of these tools and techniques in order to determine their relevance in different organisational contexts and the reliability of the information that they provide.

Management Accounting - Product and Service Costing (Core)
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Management Accounting - Product and Service Costing (Core)

This module begins with an introduction to the role of management accounting in the contemporary business environment and then concentrates on product and service costing. The determination of the costs of obtaining products, or of delivering services, is fundamental to many aspects of management accounting information. For example, these costs are used to calculate the profits and inventory valuations that are reported by firms. The module is concerned with the development of skills needed to understand and apply the various tools and techniques that may be used to determine product and service costs. However, of equal importance is the critical appraisal of these tools and techniques in order to determine their relevance in different organisational contexts and the reliability of the information that they provide.

Research Methods and Design (Core)
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Research Methods and Design (Core)

This module aims to prepare students for undertaking the research for their Masters dissertation or project, and other assignments. It is designed to introduce students to the core principles of research design, the research methods they are likely to encounter in their research, the basics of research design and the organisation of independent study.

Strategy Making (Option)
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Strategy Making (Option)

Strategy is the heart of every organisation. This module explores how strategy is conceived, how it affects the organisation and how the organisation can be designed to realise its strategy efficiently and effectively. The module aims to support students in developing their strategic thinking skills through a review of diverse theories, models and practical exercises.

Sustainability Reporting and Business Ethics (Option)
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Sustainability Reporting and Business Ethics (Option)

Sustainability practices are wide ranging and include various managerial decisions, monitoring environmental damage, and external financial reporting. In light of climate change and recent environmental disasters, sustainability practices are a growing concern to investors, creditors and regulators, all of whom demand greater transparency and accountability. The first part of the module provides an in-depth overview of current issues and best practices in sustainability and integrated reporting from both managerial and financial perspectives and develops an understanding of an essential role that sustainability practices and transparency play in corporate governance worldwide.

The second part of the module, which is designed with support of the Institute of Business Ethics, focuses on business ethical issues and ethical decision-making. The module aims to develop students, as future business leaders, managers or governance professionals, who understand and appreciate the importance of going beyond numbers and supporting good ethical business practices to help companies to sustain long-term success. The module examines the responsibilities of organisations to different stakeholder groups and develops an understanding of fundamental ethical principles and ethical dilemmas in organisations across different job roles.

The module also aims to explore the role of information technology (IT) in sustainability governance, a range of ethical questions that arise from the use of IT in business, and how IT can support organisations’ sustainability strategies.

† Some courses may offer optional modules. The availability of optional modules may vary from year to year and will be subject to minimum student numbers being achieved. This means that the availability of specific optional modules cannot be guaranteed. Optional module selection may also be affected by staff availability.

Assessment is by exam and written coursework.

The University of Lincoln's policy on assessment feedback aims to ensure that academics will return in-course assessments to you promptly – usually within 15 working days after the submission date.

  • The Business School has an experienced team of staff, which is made up of academically and professionally qualified lecturers with relevant industrial experience and finance experts with wide research interests.
  • The Lincoln International Business School hosts a series of visiting speakers each year. As part of the School, students will have the opportunity to learn from industry experts. Previous speakers have included representatives from organisations such as Deloitte, Santander, HSBC, Innocent, The Institute of Internal Auditors and Sir David Tweedie (ex-Chairman of the IASB).
  • Students also have the chance to build their skills and knowledge further with extra-curricular activities such as joining a society, volunteering or becoming a Student Ambassador.

Student Managed Investment Fund

The Lincoln International Business School has a new opportunity for our students across our finance and banking programmes. The business school has set up an investment fund for students to experience purchasing shares to create a portfolio, with the aim of achieving positive results through stock market analysis.

Students will be managing real money with the with objective of positive returns whilst managing risk. Industry veteran and long-time lecturer Hao Quach will help support the students throughout, with many years of experience in all aspects of investment banking and 20 years teaching in multiple countries, Hao will use his experience to ensure the stability of the fund and provide guidance. Find out more by clicking on this link:

 2019/20 Entry*
Home/EU £8,600
(including Alumni Scholarship** reduction)
International £15,600
(Including International Alumni / Global Postgraduate Scholarship** £2,000 reduction)
Part-time Home/EU £48 per credit point
Part-time International £87 per credit point

* Academic year September- July
** Subject to eligibility


Postgraduate Master's Loan can help with course fees and living costs while you study. Individuals** will be able to borrow up to £10,906 for the purpose of completing an eligible postgraduate Master's qualification. The amount available will depend on the start date of your course.

- £10,906, if your course starts on or after 1 August 2019
- £10,609, if your course starts between 1 August 2018 and 31 July 2019


As a postgraduate student you may be eligible for scholarships in addition to those shown above.

Guidance for Part-time Postgraduate Fees

To complete a standard Master's Taught programme, you must complete 180 credit points.

Full time students will be invoiced for the programme in full upon initial enrolment.

For part-time students, tuition fees are payable each credit point enrolled. To calculate your part-time fees, multiply the part-time fee per credit point by the number of credits you intend to complete within that academic year. This is usually between 60 and 90 credit points per year.

For example, if the fee per credit point for your programme is £38, and you enrol on 60 credits, the tuition fee payable for that academic year will be £2280.

Fees for enrolment on additional modules

Tuition fees for additional activity are payable by the student/sponsor and charged at the equivalent £ per credit point rate for each module. Additional activity includes:

- Enrolment on modules that are in addition to the validated programme curriculum

- Enrolment on modules that are over and above the full credit diet for the relevant academic year

- Retakes of modules as permitted by the Board of Examiners

Exceptionally tuition fees may not be payable where a student has been granted a retake with approved extenuating circumstances.

For further information and for details about funding your study, scholarships and bursaries, please see our Postgraduate Fees & Funding pages [].

Other Costs

For each course you may find that there are additional costs. These may be with regard to the specific clothing, materials or equipment required, depending on your course.

With regards to text books, the University provides students who enrol with a comprehensive reading list and you will find that our extensive library holds either material or virtual versions of the core texts that you are required to read. However, you may prefer to purchase some of these for yourself and you will be responsible for this cost.

First or second class honours degree and grade C in GCSE Mathematics.

Please note that this course may not be suitable for students who have completed an undergraduate programme in accounting or finance within the UK.

If you have studied outside of the UK, and are unsure whether your qualification meets the above requirements, please visit our country pages for information on equivalent qualifications.

Overseas students will be required to demonstrate English language proficiency equivalent to IELTS 6.0 overall, with a minimum of 5.5 in each element. For information regarding other English language qualifications we accept, please visit the English Requirements page

If you do not meet the above IELTS requirements, you may be able to take part in one of our Pre-session English and Academic Study Skills courses. . These specialist courses are designed to help students meet the English language requirements for their intended programme of study.

Learn from Experts

Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may also be supported in their learning by other students.

Thakur Ghimire

Thakur Ghimire

Programme Leader

Thakur teaches financial accounting modules for the BA (Hons) Accounting and Finance as well as the MSc Accounting/ Accounting & Finance programmes. He supervises postgraduate dissertations and is also a personal tutor on undergraduate programmes. His research interests include financial accounting and reporting, corporate governance, taxation in developing economy, CSR and non-financial reporting.


Your Future Career

Career and Personal Development

This course provides the opportunity to develop analytical skills which can be highly valued by employers in the public and private sectors. Graduates have gone on to careers as accountants and roles in financial management and financial reporting.


The Lincoln International Business School is based in the David Chiddick building. The building provides students with teaching and learning space including lecture theatres, workshop rooms, an IT/language lab, along with places to meet and eat with friends and staff.

At Lincoln, we constantly invest in our campus as we aim to provide the best learning environment for our students. Whatever the area of study, the University strives to ensure students have access to specialist equipment and resources, to develop the skills, which they may need in their future career.

Students can study and research in the University's Great Central Warehouse Library, which provides more than 250,000 printed books and approximately 400,000 electronic books and journals, as well as databases and specialist collections. The Library has a range of different spaces for shared and individual learning.

The University intends to provide its courses as outlined in these pages, although the University may make changes in accordance with the Student Admissions Terms and Conditions.