Key Information
 |
Campus |  |
Level |  |
Format |
| IDEA Academy | Masters | On Campus | |||
 |
Duration |  |
Pace |  |
EU Students Fees |
| 30 months | Part- Time | €9,775 | |||
|
Non-EU Fees |  |
Start Date |  |
Assessment |
| €11,300 | TBA | Assignments |
About this Course
This is an Accredited Course by the Malta Further & Higher Education Authority (MFHEA), at MQF/EQF Level 7, with 90 ECTS.
This programme focuses on strategic, accounting, finance, financial, and management topics typically studied for the ACCA Strategic Professional examinations. Students have the opportunity to independently sit for these ACCA examinations.
The programme covers modules such as Strategic Business Leader, Strategic Business Reporting, Advanced Financial Management, and Advanced Audit and Assurance.
Moreover, this programme empowers students with relevant accounting techniques, enabling them to develop into strategic thinkers who evaluate available information to make ethical decisions. The Strategic Business Leader module emphasizes leadership and professional skills, emphasizing comprehensive understanding of the business and effective people management.
With the Strategic Business Reporting module, students learn the interpretation of financial reporting using accounting principles. These latter modules directly contribute to the Advanced Financial Management module, which focuses on techniques for making both short- and long-term decisions.
The Advanced Audit and Assurance module provides understanding of the auditor’s role, allowing students to delve into auditing through our Master’s programme and address audit queries, should they prefer to build their career in accounting rather than auditing. Programme objectives:
- Provide students with important accounting techniques.
- Equip students with the relevant knowledge and skills for them to make ethically sound decisions in the accounting industry.
- Develop critical thinking skills amongst students.
- Equip students with relevant research skills in preparation for the dissertation.
Learning Outcomes
The learner will be able to:
- Evaluate the governance structure and strategic position of an organisation, its environment, and its stakeholders (Module 1).
- Examine various corporate governance approaches, risks and controls and critically evaluate the importance of the code of ethics (Module 1).
- Acquire advanced knowledge regarding the principles and practices applied when compiling and interpreting company reports (Module 2).
- Critically analyse the benefits and limitations of the accounting framework (Module 2).
- Critically examine the different types of risk: Currency risk, interest rate risk, financing and credit risk (Module 3).
- Understand and be able to examine developments in the foreign arena and seek to identify opportunities within it (Module 3).
- Critically evaluate the legal aspects surrounding audit and assurance (Module 4).
- Critically examine the audit and assurance environment and audit in the right manner to address the risk register (Module 4).
- Appraise issues of research design and methods (Module 5).
- Critically evaluate academic research (Module 5).
Target Audience
- Individuals seeking to advance their academic and professional knowledge in Accounting.
- Individuals who already have a good foundation in accountancy and would like to take their studies a step further by embarking onto professional modules intended to broaden their knowledge for them to work independently and become certified public accountants and registered auditors.
- Individuals wanting to pursue a wide range of accounting, consulting, financial, and managerial career paths with the intention of leading a team of individuals and helping their junior staff progress as well as assisting their employers in making the right decisions.
- Individuals wanting to enhance their ability to interpret, assess, and communicate financial related data in a way that ensures proactivity and, to a certain extent, devise strategies for the business.
Awarding Body
This qualification is awarded by IDEA Academy. This qualification is accredited by the Malta Further and Higher Education Authority. The MFHEA deems this M.Sc. in Strategic Accounting Principles to be at MQF/EQF Level 7 with 90 ECTS in the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
Entry Requirements
Candidates who apply for this course will hold a:
- Level 6 Degree related to one of the following areas: Finance and/or Accounting. OR
- Level 6 degree not related to Finance and/or Accounting and a minimum of two years relevant experience (subject to interview by admissions board) OR
- Level 5 Diploma or Higher Diploma related to Finance and/or Accounting and 4 years’ work experience preferably in a position related to the subject area of this programme (subject to interview by admissions board).
In the case of mature students who do not possess all the formal required academic qualifications, then the RPL process could be applied such that if evidence of equivalent learning is found then the applicant could still be accepted in the course.
Such RPL process will subject applicants to an interview held with a board of experts within the field, chosen specifically by IDEA Academy, so as to verify their experiences and prior learning.
Students whose first language is not English will be required to demonstrate English language capability at IELTS level 6.0 or equivalent.
If an applicant does not meet the above entry requirements, you are encouraged to contact the Academy for an interview.
Course Structure
The course comprises:
- 6 lectures per module;
- 3-hour lectures (evening);
- 12 hours of guided learning, presentations, comprising synchronous online discussions, tutorials and/or videos;
- Self-study hours comprising research, reading and assignment work.
The course also includes additional, specialised support to help you write your Dissertation, including classes on Qualitative/Quantitative data analysis tools, as well as Dissertation Workshops.
Assessment Mode
The programme includes different forms of assessment which allow for and promote students’ critical engagement. The formative and summative assessment tasks may include an in-class assignment and/or a home-based written assignment using diverse assessment tools which may take the form of online and in-class discussions, examinations, case studies, reports, proposals, essays, and presentations, etc., as applicable to the diverse modules.
Language of Instruction & Delivery Mode
This programme will be delivered in English in our Campus in Mosta.
The course will be delivered through a flexible combination of modern face-to-face lectures, webinars, seminars and discussion forums, tutorials, group work, case studies, guest speakers, organisational visits and independent study.
Course Funding Schemes
This course is eligible for individual funding through these schemes: GET QUALIFIED SCHEME Candidates can benefit from a 70% rebate of the course fee via tax credits. Learn more about this scheme
