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Master of Accounting

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
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.


Frequently Asked Question (FAQs)

1. What makes the Cambridge Executive Master of Accounting programme unique?

The Cambridge MAcc curriculum is designed by world-class, global, executive-level advisors to help develop the learning and bring students real case studies. The programme is aimed at helping the students broaden and think more innovatively about their career paths. The Cambridge MAcc programme emphasises training leaders and innovators in the accounting field.

2. What are the benefits of the Cambridge MAcc programme?

The major benefit of the Cambridge MAcc programme is it is a part-time course designed for working professionals. Its curriculum enhances students’ abilities to lead innovation in accounting and finance roles.

3. What is the Cambridge MAcc programme fee?

 The total Executive Master of Accounting fee is £49,000, plus additional expenses of £6,000-£16,000 for eight residential weeks. 

4. What is the Executive Master of Accounting application fee?

 The application fee of the Cambridge Executive Master of Accounting is £150. It is non-refundable.

5. Is there any scholarship for the Cambridge Executive Master of Accounting?

Yes, students applying for the executive master's degree in accounting at Cambridge Judge Business School are eligible for a scholarship. The scholarship offered for the programme is The Emily Booth Scholarships for Female Leadership in Business.

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