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112
Accounting and Finance
Profile
Research Degrees Number of Postgraduate Website
MPhil/PhD Students www.lums.lancs.ac.uk/departments/accounting
140
Taught Courses Location
MSc in Accounting and Financial Management Head of Department The Management School
MSc in Finance Professor Ken Peasnell
MSc in Money, Banking and Finance
MRes in Accounting and Financial Management Postgraduate Enquiries
MRes in Finance tel: +44 (0)1524 594767
PgDip in Accounting and Financial Management fax: +44 (0)1524 592990
PgDip in Finance e-mail: acc+fin@lancaster.ac.uk
Lancaster University’s Department of Accounting and Finance takes
TAUGHT COURSES
pride in its long-established reputation for excellence in both
teaching and in research. Staff in our Department have high,
MSc in Accounting and Financial Management
international-level reputations both in research and in teaching and
include editors of several major academic journals. Members of the Director of Studies: Professor Steve Young.
Department publish regularly in academic journals of international Duration: 12 months full-time.
renown and provide consultancy services to government and Entry Requirements: An upper second class honours degree, or its
industry. Many faculty members also have international teaching
equivalent, in finance, accounting, economics, business studies,
experience and have established themselves as academic leaders in
mathematics or another quantitative subject. Applications also considered
their fields of expertise.
from professionally qualified accountants with good examination records.
Graduate Management Admissions Test (GMAT) score often required for
We offer a comprehensive and well-established portfolio of
non-U.K. qualifications before an offer of a place can be considered.
postgraduate programmes. The programme includes the MSc in
Assessment: Combination of coursework, examination and dissertation.
Accounting and Financial Management, the MSc in Finance and
IELTS: 7.0 min or TOEFL 600 (paper-based test), 250 (computer-based
the MPhil and PhD research degrees. Two postgraduate diplomas
test), 100 (internet-based test).
Funding: British Council Awards, LUMS Scholarships - see also page 196.
are also offered. We also run the MSc in Money, Banking and
Further Information: www.lums.lancs.ac.uk/departments/accounting
Finance in conjunction with the Department of Economics.
In addition, we offer our MRes programmes which are designed
This programme provides advanced study of accounting and
specifically for aspiring PhD students. MRes registration is also
financial management. It enables professionally qualified accountants
available for MSc students who attain a high level of performance
to take stock of what they have learnt in practice, and helps able
in Term 1.
graduates to extend their academic training to the frontiers of
knowledge in those disciplines. It is aimed at providing the
Our research resources include a Financial Computing Laboratory
theoretical framework and skills that accountants and financial
managers need in order to cope with the increasingly complex and
and access to major databases, including CRSP, Compustat,
global nature of accounting and financial management. It provides
Datastream, LSPD, Global Access, and high-frequency FX, LSE and
a valuable foundation for those contemplating careers in areas, such
options prices.
as investment banking and financial analysis, which are likely to
involve extensive use of accounting information.
We are closely associated with the International Centre for
Research in Accounting (ICRA), an independently funded unit
Many holders of the MSc are now faculty members in universities in
located next to the Department.
the UK and throughout the world. Others have progressed to senior
positions in the accounting profession and industry.
The Department is the co-ordinator of a major EU-funded Research
Training Network, The European IFRS Revolution: Compliance,
Michaelmas Term
You take the following modules:
Consequences and Policy Lessons with nine partner institutions
across nine European countries including the Netherlands, Portugal,
Introduction to Quantitative Methods
Slovenia, Germany and Spain.
Introduction to Finance
Introduction to Accounting
Introduction to Financial Markets
Quantitative Methods for Finance
Foundations of Finance
Principles of Financial Reporting
Financial Markets
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