Master in Accountancy

Master in Accountancy

Course Title

Master in Accountancy

MQF Level

7

Duration and Credits

2 to 4 Semesters

40 ECTS

Mode of Study

Part-time Day

Information for International applicants

Applicants must be in possession of:

Refer to the list of country-specific qualifications

  1. the Bachelor of Accountancy (Honours) degree or the Bachelor of Arts (Honours) degree in Accountancy (both awarded after successful completion of the three-year Bachelor of Commerce degree course) obtained with at least Second Class (Honours) or
  2. the Bachelor of Accountancy (Honours) degree or the Bachelor of Arts (Honours) degree in Accountancy (both awarded after successful completion of the three-year Bachelor of Commerce degree course) obtained with Third Class (Honours), subject to the submission of a portfolio covering at least 3 yearsҠexperience in the accountancy field, or a certificate showing that they are holders of the Certified Public Accountant Warrant issued by the Accountancy Board (Malta).

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Applications for our February and October intakes have been officially open since the third week in November. 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.

B.Accty (Hons) or B.A. (Hons) Accty graduates applying for the course under these transitional arrangements will be allowed four consecutive semesters in which to complete the programme. (Four consecutive semesters start from the month of October.)

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.

 
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)
 
ACC5981* Monograph 20 ECTS    

* If the monograph is not completed within one year, it may be extended up to the 4th semester of the 2nd year.
 
 
Semester 1
 
Compulsory Units (All students must register for this/these unit/s)
 
ACC5962 Corporate and Financial Services Legislation 5 ECTS    
ACC5963 Research Issues in Accountancy 5 ECTS    
ACC5970** Risk Management and the Professional Accountant 5 ECTS    
 
Elective Units (Elective units are offered subject to availability, a minimum number of student registrations and time-table constraints)
Students who have previously taken ACC4921 at the B.Accty (Hons) level will need to register for ONE of the following electives, as directed by the Board. All elective study-units have a capping of a maximum of 25 students. Students are to apply for their preferred elective study-unit online, on a first come first served basis:
 
ACC5217 Forensic Accounting 5 ECTS    
ACC5964*** Financial Instruments and Risk Analysis 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    

** Study-unit ACC5970 is to be taken by those students who have not previously taken ACC4921 - Risk Management and the Professional Accountant at the B.Accty (Hons) level.
*** Study-unit ACC5964 is not available to students who had previously taken ACC4291 - Investments in Financial Instruments.
 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
ACC5969 Contemporary Issues and Development in Accountancy 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.
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Non EU Applicants:

Total Tuition Fees: Eur 7,200

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.

Business Stream

 

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