Programmes

Master of Science in Professional Accountancy

Part-time

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Programme Overview 

The University of London, University College London and the Association of Chartered Certified Accountants (ACCA), the global body for professional accountancy, are enabling you to complete a Master of Science (MSc) in Professional Accountancy and your ACCA professional accountancy qualification at the same time.

This route to the ACCA qualification will be of value to accountants aspiring to senior roles and enable them to stand out from the crowd in terms of their qualifications. Compared with the cost of studying for an accountancy qualification and a master’s separately, this will save time and money for many ACCA students.  

Fundamental Short Courses

Both Elements of Singapore Law and Elements of Singapore Tax have the same equivalent level as ACCA F4 and F6 papers for students who has missed out the two papers. Both papers are examined by SIM Global Education (approved by ACCA)

SIM-UOL BSc in Accounting and Finance & Banking and Finance graduates from 2012 onwards are welcome to apply. Please write in to study@sim.edu.sg for more details.

Click HERE for more details. 

Preparatory Course for the ACCA Examinations

For the purpose of preparing students to meet the admission criteria for the MSc in Professional Accountancy, SIM will also run classes to assist students to take their Professional Examinations with ACCA.

These papers are awarded and developed by ACCA, UK.

For more details about ACCA Preparatory Course, please click HERE

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Awarded by:


Course Start Date & End Date

MSc in Professional Accountancy Pathway 1 (Jan 2018 intake)

Jan 2018 - June 2018: Strategic Financial Management (SFM) & Strategic Performance Management (SPM)

July 2018 - Dec 2018: Strategic Financial Project (SFP)

MSc in Professional Accountancy Pathway 2 (Jan 2018 intake)

Jan 2018 - June 2018: Global Issues for the Finance Professional (GIFP) or Strategic Financial Project (SFP)

July 2018 - Dec 2018: Global Issues for the Finance Professional (GIFP) or Strategic Financial Project (SFP)

Fee

Course Fees

1. Pathway 1: S$16,800 (est.)*

2. Pathway 2: S$11,050 (est.)*

3. ACCA Preparatory Course P1 to P3 + UOL MSc Pathway 1: S$22,530 (est)*

* These are estimated amount as UOL, ACCA and RELC fees are subject to exchange rate fluctuations and to an annual fee increase.

Application Fee applies

Special note:

1) Graduates of the UOL International Programmes are entitled to 10% off fees that are charged by UOL. For more information, please log onto London International, Alumni Bursary for more details.


2) Applicants may wish to try and apply for the SkillsFuture Study Award for Accountancy Sector. Please visit www.skillsfuture.sg/studyawards/accountancy for the eligibility criteria.

Scholarships & Awards

SIM GE scholarships available

Wu Peicong

Finance leaders are enablers in many ways and the best ones are those who are passionate about helping their people succeed.

Application

MSc Pathway 1 and 2:

Application period for Jan 2018 intake:  12 July 2017 - 27 November 2017
(Final closing date is 1 December 2017. Note: Hardcopy application form and Letter of offer from UOL is required)

Preparatory Course for the ACCA Examination

Application Period for March 2018 intake is open now.

Please click HERE for Preparatory Course details

Early submission of eApplication is strongly recommended.  

 


Events & Programme Briefings

  • University of London - Master of Science in Professional Accountancy Programme Briefing

    Come join us on Sat Dec 02 20:00:00 SGT 2017, Sat Dec 02 20:00:00 SGT 2017 - Sat Dec 02 21:00:00 SGT 2017, at SIM HQ, BLK B, Level 3, Seminar Room B.3.07, SIM HQ, 461 Clementi Road, Singapore 599491 ...

    Join Now

Introduction

The University of London, University College London and the Association of Chartered Certified Accountants (ACCA), the global body for professional accountancy, are enabling you to complete a Master of Science (MSc) in Professional Accountancy and your ACCA professional accountancy qualification at the same time. This route to the ACCA qualification will be of value to accountants aspiring to senior roles and enable them to stand out from the crowd in terms of their qualifications. Compared with the cost of studying for an accountancy qualification and a master’s separately, this will save time and money for many ACCA students.

The MSc modules are the first to be recognised by ACCA to count towards the professional level of the ACCA qualification. You have flexibility regarding how you structure your studies and there are different pathways to the award depending on the level of entrance requirement that you have met.

Who is this programme for?

This programme is ideal for those who wish to pursue and upgrade their professional accounting qualifications while remain working at the present job. It prepares you for career advancements and opportunities as Singapore transform into Asia’s accounting hub by 2020.

Testimony:

MSc Juliet Individual PhotoThis MSc in Professional Accountancy course has provided me valuable insights to evolving world issues and painted the full picture on the impact of globalisation, how decisions made by one country will directly/indirectly impact one another. It enhanced my knowledge on the motivations behind Corporate Social Responsibility (CSR) practices and also the catastrophic effect of Systemic Risk on the banking industry and economy.

I have grown intellectually and this course has honed my research and business writing skills, changed my perception of things and most importantly improved my critical analysis and decision making skills.

I have learnt that keeping abreast of global news is critical to know what is coming so that I can better prepare myself to face any challenge it encompasses. I liked the fact that this course is focused on assignments and projects and is thus suitable for busy working adults.

I have also benefitted from the SkillsFuture Study Awards by SAC which helps defray part of my course fees.

Juliet Koh
Finance Director, ASEAN
Westcon Group Pte Ltd


 Career Prospects/Further Education

Graduates may find themselves taking a major step towards developing an international or strategic focus within their careers. While some will accelerate their careers with existing employers, others can create potential for change. Major directions include jobs in business analysis and development, banking, management and strategy consulting, corporate finance and investment, human resource management and marketing.

Graduates may further their studies in the PhD programmes in UK universities and doctoral programmes around the world. 

 

Teaching Faculty

 Experienced lecturers from SIM. 

Delivery Mode

All class are conducted on SIM campus unless otherwise stated.

Duration of each lesson is typically 3hours. All lecturers will be recorded and made available to students.

Programme Calendar

Study Period: Week 1 - 19
Coursework 1: Week 7
Coursework 2: Week 11
Coursework 3: Week 15
Coursework 4: Week 18

Revision: Week 20
Sudy week: Week 21
Exams: Week 22 (Pathway 1 students only)

Candidature Period

Minimum / Maximum period:
1 year / 5 years

No refund or recourse should the student fail to complete within the maximum period.. 

Minimum Class Size

There must be a minimum of 25 students for the programmes to commence. Students will be informed within one month prior to class commencement if the programme fails to commence due to low take up rate. 

Curriculum 

For Pathway 1

Strategic Financial Management (30 credits)

The module aims to enable finance professionals to evaluate business financing options, manage financial risks and make appropriate investment decisions. It will promote proactive and logical thinking, in the context of developing research and critical analysis.

Assessment: 30% coursework, 70% examination

Strategic Performance Management (30 credits)

The module aims to enable finance professionals to exercise their professional judgment in conjunction with core knowledge and skills when designing, implementing and evaluating an organisation’s performance management system.

Assessment: 30% coursework, 70% examination

Strategic Financial project (30 credits)

The module aims to provide an opportunity to demonstrate independent academic research skills and apply them in a simulated professional context, which will include the requirement to present an analysis of and potential solutions and recommendations to an accounting/finance related business issue in a format suitable for a finance professional. This module is a capstone project and will provide an opportunity for students to apply financial models to real world issues,
demonstrating critical thinking and analysis.

Assessment: 30% coursework, 70% project

Sample class timetable for Pathway 1 

For Pathway 2

Global Issues for the Finance Professional (30 credits)

The module aims to provide module participants with a theoretical and practical understanding of the evolutionary nature and applications of finance and accounting models resulting from changes in the economic, political, regulatory and technological environment. In so doing it considers the established history, the current state of play, and implications for the future. The module will provide the opportunity for students to demonstrate their ability to assess the impact of such changes on organisations and relevant stakeholders in the context of a finance professional. The module aim is to explore current issues in financial reporting, financial management, and corporate finance disciplines and provide opportunities for students to develop their critical analysis and evaluation of alternative solutions.

Assessment: 50% coursework, 50% project 

Strategic Financial project (30 credits)

The module aims to provide an opportunity to demonstrate independent academic research skills and apply them in a simulated professional context, which will include the requirement to present an analysis of and potential solutions and recommendations to an accounting/finance related business issue in a format suitable for a finance professional. This module is a capstone project and will provide an opportunity for students to apply financial models to real world issues,
demonstrating critical thinking and analysis.

Assessment: 30% coursework, 70% project

Sample class timetable for Pathway 2 

Preparatory Course for the ACCA Examinations

For the purpose of preparing students to meet the admission criteria for the MSc in Professional Accountancy, SIM will run classes to assist students to take their Professional Examinations with ACCA.

The three P papers are:
• P1 Governance, Risk and Ethics
• P2 Corporate Reporting
• P3 Business Analysis

These papers are awarded and developed by ACCA, UK.

Click here for more information on the Preparatory Course for the ACCA Examinations

Fundamental Short Courses 

if you have passed or been exempted from most ACCA papers except F4 Corporate and Business Law (Singapore) and F6 Taxation (Singapore), SIM will run classes to assist students to obtain exemption from equivalent ACCA F4 and F6 papers.

The two papers are:

• Elements of Singapore Tax

• Elements of Singapore Law

These papers are examined by SIM Global Education.

Click here for more information on the short courses 

Entry Requirements

To qualify for Pathway 1, applicants must be a current ACCA Student Member and have:
  • Passed all the ACCA F1 to F9 papers or gained exemptions approved by ACCA, and
  • Passed the ACCA P1, P2 and P3 papers (or their equivalent).
To qualify for Pathway 2, applicants must be a current ACCA Affiliate or Member and have:
  • Passed all the ACCA P1, P2 and P3 papers, and
  • Passed two of the ACCA P4-P7 option papers (or their equivalent), and
  • completed last ACCA Professional level paper no more than 5 years ago. Otherwise, you will need to take a PREPARATION COURSE (COURSERA) before you register for Pathway 2.

To qualify for Preparatory Course for the ACCA Examination (P1, P2, P3), applicants must be:

  • A current Student Member of ACCA
  • Passed all the ACCA F1 to F9 papers or gained exemptions approved by ACCA

The list is not exhaustive and is subject to annual revision.

Refer to this link for full information.

 
English Proficiency Requirement

You will meet the English language requirement if you have one of the following:

  • Have passed the English version of ACCA F1 to F9 papers (or gained exemption by completion of an English-medium undergraduate degree approved by ACCA like the University of London or RMIT University degree), or
  • Have passed the English version of ACCA P1, P2 or P3, or
  • Are a current ACCA Member or Affiliate.
 

Breakdown of the Overall Fees

1. Pathway 1: S$16,800 (est.)*

  • SIM programme fees (for 3 modules): S$8,988
  • UOL institution-supported learning fees pay able to UOL (for 3 modules):  £4,320
  • UOL examination fees (payable to RELC Examinations Bureau) including an admin fee (2 papers): S$200

Note: Total course fee for ACCA Preparatory Course P1 to P3 + UOL MSc Pathway 1 = S$22,530 (est)*. For more details about ACCA Preparatory Course fees, please click HERE

2. Pathway 2: S$11,050 (est.)*

  • SIM programme fees (for 2 modules): S$5,992
  • UOL institution-supported learning fees (for 2 modules): £2,880

Special note:

1) UOL International Programmes' alumni will enjoy the 10% off from fees that are charged by UOL. If you are UOLIP graduate and would like to find out more about the discount, please log onto London International, Alumni Bursary for more details.
 
2) Applicants may wish to try and apply for the SkillsFuture Study Award for Accountancy Sector. Please visit www.skillsfuture.sg/studyawards/accountancy for the eligibility criteria.

Fees payable to University of London (UOL)

1. UOL institution-supported learning fee (Band B country):  £1,440 (per module)*

2. UOL module continuation fee (if the module is not completed in the six months study session):  £620*

* These are estimated amount as UOL, ACCA and RELC fees are subject to exchange rate fluctuations and to an annual fee increase.

 

Exemptions Eligibility

Refer to the admission criteria tab.

 

Profiles

Average teacher-student ratio 1:38

Lecturers & their Teaching Modules

Assessment & Exams

  • Element of assessmen for Pathway 1: 30% coursework, 70% examination
  • Element of assessmen for Pathway 2: 50% coursework, 50% project

Modules are assessed either by written exams, coursework assignment or a combination. Examinations are usually in June and December. A mark of at least 50% in both elements to pass each module.

Attendance requirement

A recommended attendance rate of 85% attendance is to be maintained.

Award & Graduation

To attain the MSc in Professional Accountancy awarded by University of London and examined by University College London, students must successfully complete all coursework and examinations.

A SIM presentation ceremony presided by the University of London Vice-Chancellor is held each year in April. Alternatively, students can choose to attend the graduation ceremony held in March or November in London.

 

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