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Programme Specification

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					Faculty of Business, Environment and Society

          Programme Specification

         Post-Graduate Programme


MSc in Accounting and Financial Management


        Academic Year 2008-2009




                     1
                                    Coventry University
   Programme Specification: MSc in Accounting & Financial Management

1 Available Award(s) and Modes of Study

Title of Award                     Mode of Study                     UCAS         FHEQ Level
                                                                     Code
Postgraduate Certificate in
Accounting & Financial
Management (60 credits)
Postgraduate Diploma in            Full time - 1 year                   Not
                                                                                      M Level
Accounting & Financial             Part time - 2 years               applicable
Management (120 credits)
MSc in Accounting & Financial
Management (180 credits)


2 Awarding Institution/Body        Coventry University
3 Teaching Institution             Coventry University
4 Internal Approval/Review         Date of first approval/latest review:
  Dates                            Date for next review:
5 Programme Accredited by          Not applicable
6 Accreditation Date and           Not Applicable
  Duration
7 QAA Subject Benchmark            Although there are no relevant benchmarking statements in
  Statement(s) and other           this specific subject area, account has been taken of best
  external factors                 practice in the structure of relevant MSc programmes in other
                                   HEIs
8 Date of Programme                9ST June 2008
  Specification
9 Programme                        Dr. Chin-Bun Tse
  Manager/Course Tutor
10 Educational Aims of the Programme

This programme provides students with an opportunity to advance their undergraduate studies
in accounting and finance to a higher level. Although it depends on the nature of individual
modules, the overall aim of the programme is to train students the skills of critical evaluation of
the forefront of accounting and finance literature; and bring out their practical applications to
business world.




                                                 2
11 Programme Outcomes
This programme satisfies the University’s Code of Practice for Academic and Professional Skills
Development.

Annex 1 maps the programme outcomes described below to the mandatory modules of the
programme.



11.1 Knowledge and Understanding
Upon successful completion of this programme students should be able to demonstrate
knowledge and understanding of the following:


KU1: In-depth exploration of literature in accounting and finance, and their application to real
     world situations.
KU2: Critical evaluation of current issues in Accounting and Financial Management.
KU3: Advanced mathematical and statistical techniques for financial and investment analysis.
KU4: The interactions of financial markets and corporate financial management and strategies.
KU5: The process of preparing, developing, writing up and management of research projects.


The principal teaching, learning and assessment methods used on the programme to achieve
these learning outcomes are identified in Annex 2.



11.2 Cognitive (Thinking) Skills
Upon successful completion of this programme students should be able to demonstrate the
following cognitive (thinking) skills:


CS1: Critical thinking on the accounting and financial management conceptual, theoretical
     frameworks and assumptions behind.
CS2: Exercising sound judgments in the selection of different methods and approaches
     available to deal with complex accounting and financial management problems in modern
     business world.
CS3: Ability to screen and identify useful data and information from alternative sources and
     decide how to make use of them in order to achieve the pre-determined aims and
     objectives.
CS4: Ability in developing logical and coherent arguments.


The principal teaching, learning and assessment methods used to enable outcomes to be
achieved and demonstrated are identified in Annex 2.




                                                 3
11.3 Practical Skills
Upon successful completion of the programme students should be able to demonstrate the
following practical skills:


PS1: Diagnostic and decision making skills in dealing with accounting and financial
     management problems.
PS2: Work out the implications of emerging accounting and finance issues and debates.
PS3: Select, retrieve and analyse relevant data and information from finance-related databases
     to solve practical problems.
PS4: Design and conduct research in accounting and financial management using appropriate
     methodologies to advance knowledge in these areas.


The principal teaching, learning and assessment methods used to enable outcomes to be
achieved and demonstrated are identified in Annex 2.




11.4 Transferable Skills
Upon successful completion of the programme students should be able to demonstrate the
following transferable skills:


TS1: Communicate ideas and arguments effectively in both written and oral form.
TS2: Effective time management in both working to deadlines and presenting within time
     constraints.
TS3: Interpersonal skills including leadership, teamwork, conflict resolution and project
     management
TS4: Mastery of Information and Communication Technology (ICT) skills and make effective use
     of the internet, spreadsheets, databases, word-processing and graphics packages.


Transferable/key skills are generally incorporated within individual modules and are related to
relevant assessments as appropriate. Self-directed learning forms an element of all modules
and the necessity to work within tight deadlines is an essential requirement across the
curriculum. The ability to communicate orally and in writing will be developed across the range
of modules.
The wide range of assessment techniques will ensure that students are given every opportunity
to practise and demonstrate these skills. (See Annex 2 for further details)




                                                 4
12 Programme Structure and Requirements, Levels, Modules, Credits and Awards

The programme is one-year full-time programme but it may also be taken part-time over two
years. It is constructed on the basis of the University's taught postgraduate modular framework
(180 credits). All modules are mandatory.

The structure of the programme is as follows:

Semester 1    Module code                 Module Title                    Credit

             M10EFA         Auditing and Assurance                         15
             M17EFA         Financial Statement Analysis & Valuation       15
             M08EFA         Corporate Finance                              15
             M20EFA         Quantitative Methods for Finance               15
Semester 2
             M21EFA         Research Methods in Finance                    10
             M07EFA         Institutional Investments                      15
             M09EFA         Advanced Management Accounting                 15
             M15EFA         Corporate Financial Strategy                   15
             M23EFA         Financial Risk Management                      15

Semester 3   M25EFA         Dissertation                                   50
                            or
             M27BSS         Company Internship


                                                           Total Credit    180

Detailed assessment methods for each module are in individual modules’ MIDs.

A student who obtains 60 credits at M level will be eligible for the award of the University’s
Postgraduate Certificate in Accounting and Financial Management. A student who obtains 120
credits at M level will be eligible for the award of the University’s Postgraduate Diploma in
Accounting and Financial Management. A student who obtains 180 credits at M level including
the dissertation/company internships will be awarded a Masters degree. (See section 9.6
Academic regulations for full details). All students must register for the Masters degree
programme. The Postgraduate Certificate and Diploma are exit routes only.




                                                    5
13 Support for Students and their Learning

Students will be supported through the following mechanisms:

•   An induction programme is provided for all MSc Accounting and Financial Management
    students at the commencement of the programme.

•   A course leader who advises students throughout their programme of study.

•   Module tutors are available to support questions relate to their own modules.

•   A Student Handbook which provides information on course structure, assessments and
    regulations.

•   A written programme guide and individual module guides giving detailed information on each
    module.

•   Services of Coventry University English Academy which is dedicated to providing English
    Language courses for international students whose first language is not English.

•   Services of Centre for Academic Writing which offers students individualised advice on
    writing essays, reports, dissertations, theses, exams and other assignments.

•   Facilities of the Graduate and CPD Centre which provides facilities and activities specially
    designed for the Postgraduate and CPD community.

•   Vast range of Library learning resources both in printed and electronic form.

•   CUOnline e-learning environment.

•   University Study Skills website.

•   Careers Counselling and Advisory Service.

•   Student loans and hardship fund.

•   Students' Union Advice Centre.

•   Student support mechanisms are consistent with the University policies on Equal
    Opportunities; reasonable adjustments are also made to the teaching, learning and
    assessment of the course to maximise accessibility to students with disabilities.




                                                 6
14 Criteria for Admission

   The programme is subject to the general University admission procedures and access
   policies. To be accepted for the programme students usually possess:

A good second class honours undergraduate degree (or equivalent) in accounting and/or
finance areas.

       Where necessary, applicants are interviewed, especially for those who do not appear to
       meet the standard admissions criteria but appear in their application that they have a
       good potential to be successful in the course.


   In the case of overseas applicants, an adequate proficiency in English must be
   demonstrated. (This would normally be a minimum IELTS score of 6.5 or its equivalent.)

   Accreditation for prior learning is in accordance with University regulations as set out in
   paragraph 9.2.5 of the regulations for taught postgraduate courses.




15 Method for Evaluating and Enhancing the Quality and Standards of Teaching and
Learning


The Programme is developed by the Department of Economics, Finance and Accounting (EFA)
in the Faculty of Business, Environment and Society and managed by the EFA Board of Study.
The Programme Assessment Board (PAB) for Accounting and Finance is responsible for
considering the progress of all students and making awards in accordance with both the
University and course-specific regulations.
The assurance of the quality of modules is the responsibility of the Postgraduate Subject
Assessment Board (SAB) for Accounting and Finance which contributes modules to the
programme.
External Examiners report annually on the programme and their views are considered as part of
the annual quality monitoring process (AQM). Details of the AQM process can be found on the
Academic Registry’s web site.
Students are represented on the Course Consultative Committee, Board of Study and Faculty
Board, all of which normally meet two or three times per year.
Student views are also sought through module and course evaluation questionnaires.
All programmes are subject to a major review involving subject experts external to the
University, normally on a five or six year cycle. At these reviews the views of current and former
students and employers are sought where appropriate.




                                                 7
16 Regulation of Assessment
The University policy requires the internal moderation of assessments.
External Examiners are appointed for all named University awards. The role of the External
Examiner at module level is to ensure that academic standards are in line with national norms
for the subject. External Examiners undertake the moderation of examination papers, and view
representative samples of work for the modules for which they have responsibility. At
programme level, External examiners help to ensure fairness in the consideration of student
progression and awards. They have the right to comment on all aspects of the assessment
system and participate as full members of the assessment boards.
The Pass mark for all modules is 40%. Students must pass all assessments to be awarded the
degree. Awards for Taught Master programmes may be made with Distinction or Merit (i.e.
achievement of an average mark of at least 70% or 60% respectively).



17 Indicators of Quality and Standards

      • The Economics Subject Group was last reviewed by the QAA in November 2000. The
        provision was deemed excellent with total grade 23 broken down as follows:

          Curriculum Design, Content and Organisation                    4
          Teaching, Learning and Assessment                              4
          Student Progression and Achievement                            3
          Student Support and Guidance                                   4
          Learning Resources                                             4
          Quality Management and Enhancement                             4

      •   The Guardian University Subject League Tables have placed Economics at Coventry
          University at 13th position in both 2007 and 2008.
      • The EFA Department has expertise in a number of accounting and finance areas, such
        as financial reporting, management accounting, corporate finance, financial
        economics, financial regulation, stock market investments and financial derivatives.

      • Members from the Department also make active contributions to research literature
        and international publications.

      • An Applied Research Group (ARG) in Finance, Regulatory Reform and Development
        has been established to encourage research and to support various collaborative
        research activities in finance areas.
                                                                                      .




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18 Notes
Key sources of information about the course and student support can be found at:
Module Information Directory (http://mid.coventry.ac.uk/midindex.html)
Student Services (http://corporate.coventry.ac.uk/cms/jsp/polopoly.jsp?d=238)
Study Support (http://corporate.coventry.ac.uk/cms/jsp/polopoly.jsp?d=359)
Health and Welfare (http://www.coventry.ac.uk/postgraduate-study/health-and-welfare)



19 Mandatory and Option Modules

For Module Code, Module Title and Credit Value please refer to the section 12 above.
ALL modules are compulsory and must be studied and passed. There is no option.



Please note: This specification provides a concise summary of the main features of the
programme and the learning outcomes that a typical student might reasonably be
expected to achieve and demonstrate if s/he takes full advantage of the learning
opportunities that are provided.
More detailed information on the learning outcomes, content, and teaching, learning and
assessment methods of each module can be found in the Module Information Directory
(MID), student module guide(s) and the course handbook.
The accuracy of the information contained in this document is reviewed by the University
and may be verified by the Quality Assurance Agency for Higher Education.




                                               9
                                              KU5
                                              KU4
                                              KU3
                                              KU2
                                              KU1




     CS4
     CS3
     CS2
     CS1
                                                                                                    Programme Outcomes




           11.2 Cognitive (Thinking) Skills
                                                    11.1 Knowledge and Understanding
                                                                                                                          Mandatory Modules




                                                                                       Auditing and Assurance

                                                                                       Financial Statement Analysis and
                                                                                       Valuation
                                                                                                                                              Term 1




                                                                                       Corporate Finance


                                                                                       Quantitative Methods for Finance


                                                                                       Research Methods for Finance




10
                                                                                       Corporate Financial Strategy


                                                                                       Advanced Management Accounting
                                                                                                                                                       CURRICULUM MAP

                                                                                                                                              Term 2




                                                                                       Institutional Investments


                                                                                       Financial Risk Management
                                                                                                                                                                        MSc in Accounting and Financial Management




                                                                                       Dissertation
                                                                                       OR
                                                                                                                                              Term 3




                                                                                       Company Internships
                                                                                                                                                                                                                     ANNEX 1
               TS4
               TS3
               TS2
               TS1
                                                PS4
                                                PS3
                                                PS2
                                                PS1
                                                      11.3 Practical Skills
                                                                                 Programme Outcomes




                     11.4 Transferable Skills
                                                                                                                 Mandatory Modules




                                                                              Auditing and Assurance

                                                                              Financial Statement Analysis and
                                                                              Valuation
                                                                                                                                       Term 1




                                                                              Corporate Finance


                                                                              Quantitative Methods for Finance


                                                                              Research Methods for Finance


                                                                              Corporate Financial Strategy




11
                                                                              Advanced Management Accounting
                                                                                                                                       Term 2




                                                                              Institutional Investments

                                                                              Financial Risk Management
                                                                                                                                                CURRICULUM MAP




                                                                              Dissertation
                                                                                                                                       3




                                                                              OR
                                                                                                                                     Term




                                                                              Company Internships
                                                                                                                                                                 MSc in Accounting and Financial Management




     ANNEX 2
                                                                                                                                                                                                              ANNEX 1
                                              KU5
                                              KU4
                                              KU3
                                              KU2
                                              KU1




     CS4
     CS3
     CS2
     CS1
           11.2 Cognitive (Thinking) Skills
                                                                                                       Programme Outcomes




                                                    11.1 Knowledge and Understanding
                                                                                       Lectures, seminars and tutorials


                                                                                       Ad hoc workshops


                                                                                       Case studies


                                                                                       Group discussions




12
                                                                                       CUOnline learning resources
                                                                                                                            Teaching and Learning




                                                                                       Directed reading


                                                                                       Dissertation/Project supervision


                                                                                       Examinations and class tests
                                                                                                                                                                                        MSc in Accounting and Financial Management
                                                                                                                                                    TEACHING, LEARNING AND ASSESSMENT




                                                                                       Individual written coursework


                                                                                       Group presentations
                                                                                                                            Assessment




                                                                                       Research Proposal

                                                                                       Dissertation or Company
                                                                                       Internships
     TS4
     TS3
     TS2
     TS1
                                      PS4
                                      PS3
                                      PS2
                                      PS1
                                                                                    Outcomes
                                                                                   Programme




                                            11.3 Practical Skills




           11.4 Transferable Skills
                                                                    Lectures, seminars and tutorials


                                                                    Ad hoc workshops


                                                                    Case studies


                                                                    Group discussions


                                                                    CUOnline learning resources
                                                                                                       Teaching and Learning




                                                                    Directed reading


                                                                    Dissertation/Project supervision




13
                                                                    Examinations and class tests


                                                                    Individual written coursework


                                                                    Group presentations
                                                                                                       Assessment




                                                                    Research Proposal
                                                                                                                                                                   MSc in Accounting and Financial Management
                                                                                                                               TEACHING, LEARNING AND ASSESSMENT




                                                                    Dissertation or Company
                                                                    Internships
                                                                                                                                                                                                                ANNEX 2

				
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