PMACCFTT2-2024-5-O - L-Università ta' Malta

Course Title

Master in Accountancy

MQF Level

Duration and Credits

4 Semesters

120 ECTS

Mode of Study

Full-time

Information for International applicants

Applicants must be in possession of:

Refer to the list of country-specific qualifications

The Bachelor of Commerce degree from this University with one of the two main areas of study being Accountancy, obtained with a Category II classification and with a minimum average mark of 65% obtained in the study-units of Years 2 and 3 of the Accountancy main area of study.

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You can submit your application online. The deadlines for submission of applications vary according to the intake and courses. We encourage all international applicants to submit their applications as soon as possible. This is especially important if you require a visa to travel and eventually stay in Malta.

You can compare your national qualifications to the local requirements by visiting our qualifications comparability webpage. Access more information about our admission process and English language requirements.

The University of Malta has student accommodation on campus called Campus Hub. Campus Hub is just a 2-minute walk from the main campus. For more information, visit the accommodation website.

Our dedicated team at the student recruitment office is here to support you every step of the way. From the moment you start your application to the moment when you receive your decision letter, we're here to assist you. If you have any questions or need further information, don't hesitate to reach out to us. You can contact us at info@um.edu.mt, and our team will be more than happy to help.

After you receive an offer from us, our International Office will assist you with visas, accommodation and other related issues.

The aim of this course is to consolidate and enhance your accounting knowledge acquired from the undergraduate degree course. The postgraduate course aims to provide you with the necessary tools to become an effective Accountancy professional and to contribute towards the Accountancy profession. The programme of studies extends over a period of two years of full-time studies, and lectures will be held during the day and are spread over five days a week. By the end of the course, you will have a refined and advanced understanding of accountancy, ranging from auditing and taxation, to financial reporting and risk transfer, to name a few. By the end of the course, you will demonstrate your acquired knowledge by carrying out a research-based dissertation.

In addition to the 60 ECTS credits assigned to the programme of study for the course, students who did not cover MGT3181 during their undergraduate studies, shall be required to register for the supplementary study-unit as indicated below:


Year (This/these unit/s start/s in Semester 1 and continue/s in Semester 2)

Compulsory Units (All students must register for this/these unit/s)

ACC5957	Advanced Audit and Assurance	15 ECTS
ACC5958	Advanced Aspects of Financial Reporting 1	10 ECTS
ACC5959	Advanced Taxation	10 ECTS


Semester 1

Compulsory Units (All students must register for this/these unit/s)

ACC5961	Advanced Management Accounting 1	5 ECTS
ACC5962	Corporate and Financial Services Legislation	5 ECTS
ACC5963	Research Issues in Accountancy	5 ECTS

Compulsory Units (All students must register for this/these unit/s)

EMA3001*	Statistical Design and Tools for Business	4 ECTS
* Students who, in their other stream of the BCOM, have NOT already taken MGT3181/EMA3181, or an equivalent methodology study-unit, must register for EMA3001 as a supplementary study-unit during the first semester. This study-unit will not be taken into account for the award of the final classification.

Semester 2

Compulsory Units (All students must register for this/these unit/s)

ACC5960	Advanced Financial Management	5 ECTS
ACC5968	Advanced Management Accounting 2	5 ECTS

In addition to the compulsory study-units (55ECTS), students are required to choose 5 ECTS from the elective study-units, to a total of 60 ECTS.


Year (This/these unit/s start/s in Semester 1 and continue/s in Semester 2)

Compulsory Units (All students must register for this/these unit/s)

ACC5971	Dissertation	30 ECTS


Semester 1

Compulsory Units (All students must register for this/these unit/s)

ACC5966	Advanced Aspects of Financial Reporting 2	5 ECTS
ACC5967	Advanced Financial Strategy	5 ECTS
ACC5970	Risk Management and the Professional Accountant	5 ECTS
MRT5208	Business Ethics and Corporate Governance	5 ECTS

Elective Units (Elective units are offered subject to availability, a minimum number of student registrations and time-table constraints). All elective study-units have a capping of a maximum of 25 students. Students are to apply for their preferred elective study-unit, on a first come first served basis.

ACC5217	Forensic Accounting	5 ECTS
ACC5964	Financial Instruments and Risk Analysis	5 ECTS
ACC5965	Public Sector Accounting	5 ECTS
ACC5982	International Accounting	5 ECTS
ACC5984	International Taxation	5 ECTS
ACC5985	Financial Reporting for Small Entities	5 ECTS
INS5006	Risk Transfer Accounting	5 ECTS


Semester 2

Compulsory Units (All students must register for this/these unit/s)

ACC5986	Environmental, Social, and Corporate Governance for Accountants	5 ECTS

This programme of study is governed by the General Regulations for University Postgraduate Awards, 2021 and by the Bye-Laws for the award of Master in Accountancy - M.Accty - under the auspices of the Faculty of Economics, Management and Accountancy.

Upon successfully completing the Master in Accountancy, you will be able to:

Critically analyse, evaluate and conclude on assurance engagements and other assurance issues in the context of best practice and current developments.
Technically recognise and measure complex assets and liabilities and interpret developments in international accounting and issues in financial reporting.
Advise managements and/or clients on major financial management decisions to be taken by various corporate entities, in particular those concerning the setting of financial goals for such entities and the development of strategies for the achievement of these goals, in line with the agreed policy framework.
Use sophisticated management accounting techniques to carry out detailed calculations and generate relevant decision-making information.
Analyse the various aspects of organisational performance using an array of performance measurement tools and generate reports which can contribute to the strategy setting and execution processes of organisations.
Look at the world of business as the world of human relations that needs to be regulated to prevent abuse of power, supported by a vision of appropriate forms of human solidarity and cooperation.

By successfully completing the Master in Accountancy, you will be able to:

Critically analyse, evaluate and conclude on assurance engagements and other assurance issues in the context of best practice and current developments,
Technically recognise and measure complex assets and liabilities and interpret developments in international accounting and issues in financial reporting,
Prepare a set of consolidated financial statements, and account for the implementation of a scheme of reconstruction,
Account for the tax treatment of specific transactions and examine and discuss the importance of EU directives on Maltese corporate tax system,
Advise management and/or clients on major financial management decisions to be taken by various corporate entities, in particular those concerning the setting of financial goals for such entities and the development of strategies for the achievement of these goals, in line with the agreed policy framework,
Distinguish between different valuation methods, and show the link between strategic planning and value creation, in the analysis of practical applications,
Use sophisticated management accounting techniques to carry out detailed calculations and generate relevant decision making information,
Analyse the various aspects of organisational performance using an array of performance measurement tools and generate reports which can contribute to the strategy setting and execution processes of organisations,
Describe the legislation related to financial services in Malta, discuss its importance and relevance and identify fraudulent behaviour and potential criminal activity in the winding up of companies.
Identify, quantify, manage and monitor risks faced by organisations and by the accountant in practice,
Look at the world of business as the world of human relations that needs to be regulated to prevent abuse of power, supported by a vision of appropriate forms of human solidarity and cooperation,
Examine the conditions for good corporate governance and analyse the lines along which corporate governance has been developing in recent years,
Identify a suitable research topic in accountancy and write a feasible proposal with clearly defined objectives, research methodology and supporting literature.

Non EU Applicants:

Total Tuition Fees: Eur 21,600
Yr 1: Eur 10,800 - Yr 2: Eur 10,800

You are viewing the fees for non EU nationals. Switch to EU nationals if you are a national of any country from within the EU/EEA.

As a graduate with a Masters in Accountancy, you will be able to enter a career in the field of accountancy, both locally and abroad, as an accountant, accounting manager, auditor, tax accountant and as a finance manager.

If you would like to further your studies, the option of doing a doctorate is offered by the University of Malta or by foreign institutions abroad.