Master of Accounting - Eligibility, Admission, Syllabus, Career Options

Master of Accounting

Edited By Team Careers360 | Updated on Mar 18, 2023 09:31 PM IST

What is a Master of Accounting?

The Cambridge Master of Accounting (MAcc) is a 24-month master’s programme. The university has announced the name change of the Master of Accounting programme to the Cambridge Executive Master of Accounting with the cohort enrolling in 2023. The programme is designed by award-winning instructors and expert advisors. The MAcc from the University of Cambridge is aimed at developing global change leaders in accounting and related fields through comprehensive, forward-looking, real-world experiences and projects. The Cambridge Executive Master of Accounting curriculum is developed to train decision-makers, leading to innovation roles in the accounting and finance fields.

Master of Accounting

Highlights of Cambridge Executive Master of Accounting

Course Name	Cambridge Executive Master of Accounting
Course Duration	24 Months
Study Mode	Part Time
Entry Requirements	2:1 degree with two years of work experience
Admission Process	Application and Interview
Fees	£49,000
Job Positions	CFO, Controller, Market Regulator

Cambridge Executive Master of Accounting Eligibility

Candidates applying for the Cambridge Executive Master of Accounting programme should hold a 2:1 degree or above, or international equivalent.
Candidates who do not meet the minimum qualification need to mention their GMAT/ GRE/ EA scores.
If any candidate has a master’s degree or higher qualification, he/she has to provide details of this in his/her applications, although a master’s degree is not required for this programme.
Candidates holding a professional qualification such as ACA/ ACCA/ CPA can also apply for the programme, however, they need to provide details.
Applicants also must have a minimum of two years of work experience.
Applicants must possess English proficiency.

Cambridge Executive Master of Accounting Admission

Admission to the Cambridge Executive Master of Accounting is done based on the application review and interviews of shortlisted candidates. The applications submitted by the candidates will be reviewed by the Admissions Committee. Based on that, candidates will be shortlisted and invited for a 30-minute interview.

The interview of shortlisted candidates is done within four weeks of application submission. The interview for UK-based candidates may take place in either Cambridge or London (subject to faculty availability) or via Skype. For international candidates, it will take place via Skype.

Applicants are also required to provide two references for the Cambridge Executive Master of Accounting admission. One of which should be from their most recent employer.

Once the admission offer is accepted, international students must be aware of immigration considerations to attend the residential sessions. All students will be asked to provide their current passports and evidence of their immigration status after arriving at Cambridge Judge Business School.

Students from outside the UK and Ireland can come to the university as a visitor to attend residential sessions for the programme. They should read the information on the University’s short period of study immigration webpage and note the expectations and restrictions of a visitor's immigration status.

Admission Process

Meet all the requirements
Complete the application form online
Pay the application fee
If shortlisted, participate in the interview process
Start learning

Cambridge Executive Master of Accounting Skills Required

To flourish in the accounting field, an individual must possess a unique set of skills. Some skills required by an accounting professional are as follows.

Analytical mindset: Having an analytical mindset allows accounting professionals to recommend and apply viable solutions after assessing a problem thoroughly.

Organisational Skills: Such skills allow a professional to remain focused on everyday work to meet his deadline and help in maximizing productivity.

Decision-Making: Decision-making and risk-taking abilities are paramount for a professional to make timely decisions for his organisation.

Adaptability: Accounting professionals must be capable of adapting to any business environment and assist in maintaining pace with growing trends.

Leadership: Leadership qualities in the accounting profession are a must to determine the growth strategy and productivity of their companies.

Attention to Detail: Individuals seeking a career as an accountant are accountable for ensuring accuracy and preventing mistakes when planning financial statements.

Cambridge Executive Master of Accounting Subject/Syllabus

The Cambridge Executive Master of Accounting is delivered over eight week-long teaching blocks in Cambridge. The programme curriculum includes core courses, modules, and electives.

Core courses
Global Financial Reporting	Sustainability
Internal & External Audit	Analytics for Financial Accounting & Risk Management
Probability & Statistics	Financial Statement Analysis
Strategic Performance Management	Interpersonal Dynamics
Change Management	Analytics for Managerial Accounting & Operations Management
Descriptive Analytics	Current Issues in Financial Reporting, Governance & Ethics
Predictive Analytics	Team Consulting Project
Elective Courses
Fast Strategy, Intrapreneurship & Business Instinct	Strategy & Organisation for the Information Age
Entrepreneurial Finance	Changing the Game: Business Models, Marketing Strategy & Innovation
From the Savannah to the Boardroom: The Evolutionary Roots of Decisions & Leadership	Global Energy Security
Finding Customer Insights & Staying Customer-Focused	Philosophy in Business
How to Start Technology Companies	Strategic Performance Management
Innovation Management: The Secret of Growth	Understanding Consumers: Using Psychology to Build Brands & Increase Profits
Project Finance: Innovative Techniques in Valuing & Raising Finance for Large-Scale Projects	Venture Capital, Private Equity & Acquisitions

Residential Dates for the 2023/25 Cohort	Modules
4-9 September 2023	Global Financial Reporting Strategic Performance Management Probability & Statistics External & Internal Audit
11-15 December 2023	Global Financial Reporting Strategic Performance Management Probability & Statistics External & Internal Audit
18-22 March 2024	Change Management & Negotiations Critical Issues in Accounting Speaker Series
1-5 July 2024	Sustainability Descriptive Analytics Predictive Analytics
21-25 October 2024	Analytics for Financial Accounting & Risk Management Financial Statement Analysis
5-8 February 2025	Electives
7-11 April 2025	Interpersonal Dynamics Team Consulting Project
30 June-4 July 2025	Analytics for Managerial Accounting & Operations Current Issues in Financial Reporting, Governance & Ethics

Cambridge Executive Master of Accounting Fee Structure

The total Executive Master of Accounting fee for entry in 2023 is £49,000, with additional expenses, which is listed below.

Course fee	£49,000
Fee for eight residential weeks*	£6,000-£16,000
Application fee	£150
Total	£55,150-£65,150

Note: The application fee is non-refundable.

Students of the Executive Master of Accounting from Cambridge Judge Business School may be eligible for a scholarship or bursary. Some Cambridge scholarships and bursaries are The Emily Booth Scholarships for Female Leadership in Business; The Cambridge Executive Master of Accounting Innovation and Sustainability Bursaries; The Cambridge Executive Master of Accounting Developing Economies Bursaries.

Career Options after Cambridge Executive Master of Accounting

Pursuing the Cambridge Executive Master of Accounting will help students explore executive-level careers. They will be able to find job options such as Chief Financial Officer (CFO), Controller, Market Regulator, Financial leadership, strategy-related roles, financial and accounting policy-related roles, and positions that require an understanding of analytics and data. Other career options include

Accountant: An accountant deals with the financial aspects of his company. He/she manages salaries, payments and receipts, tax computation and more. An accountant also maintains and evaluates the financial records of an organisation.

Financial Analyst: Financial Analysts are responsible for collecting and assessing data and looking for scopes of implementing new business decisions. They also deal with the various decisions already taken and make suggestions for the growth of their companies.

Finance Manager: Such professionals take care of the financial health of the firm or company. They prepare financial reports and devise strategies for long-term goals to provide benefits to the company financially.

Internal Auditor: The job of an internal auditor revolves around analysing the risk management policies of an organisation to supervising the internal processes. An internal auditor is a part of the audit committee who reports to the board of directors.

Fraud Investigator: Fraud Investigators typically review and examine the evidence available, collect data to prepare a report and advise the next measures to take. They also coordinate field assignments to control fraud.