MBM (MSc) in Accounting

Course Details
Course Name

MBM (MSc) in Accounting

Course Type

MSc - Master of Business Management (Full-Time, Part-Time Possible)

Course Sector

Management

Course Duration

18 Months

Credits

90 ECs

Entry Points Per Year

6 x entry dates per year possible

Next Starting Date(s)

2 December 2024, 10 February 2025, 31 March 2025

...MORE DATES
Degree or Qualification

Master of Science - Dutch Ministry Croho (Registration) 49149

Location

Main campus Apeldoorn only

Tuition Fee

€18,300- (Complete programme, €9,150- per year)

Scholarship Award

Introduction

In an era where financial accountability and strategic financial management are more critical than ever, Wittenborg offers a Master of Business and Management (MBM/MSc) with a specialisation in Accounting. This programme is designed for individuals aiming to advance their careers in the accounting field, equipping them with the skills to navigate complex financial landscapes effectively.

Our MBM in Accounting merges comprehensive business management education with in-depth technical expertise in accounting, preparing students to take on significant challenges in the financial sector. The curriculum is delivered entirely in English and attracts a diverse group of students from across the globe, providing a rich, multicultural environment that enhances learning and professional development. Reflecting the rigorous standards of leading global business schools, our programme covers essential topics such as financial reporting, corporate finance, auditing, and taxation, alongside strategic management and ethical decision-making. This blend of subjects ensures that graduates are not only proficient in technical accounting skills but also understand the broader business context in which financial decisions are made.

This specialisation is designed to develop critical thinking and analytical skills, enabling students to interpret complex financial information and contribute to strategic financial planning. Through a mix of lectures, seminars, case studies, and hands-on projects, the programme prepares students to address real-world financial issues with professionalism and confidence.

Graduates of the MBM in Accounting are well-prepared for roles such as financial analysts, corporate accountants, auditing consultants, and financial controllers. They are equipped to work in diverse settings, including public accounting firms, corporate finance departments, government agencies, and non-profit organisations.

We welcome applicants with a background in business, finance, economics, or related fields who are eager to develop a robust understanding of accounting principles and practices. Join us at Wittenborg to build a strong foundation for your career in accounting, where you will be poised to become a leader in the financial world.

Course Content

The Industry

The accounting industry is a cornerstone of the global economic system, playing a crucial role in financial reporting, compliance, and strategic financial management across all sectors. This field is continually evolving, shaped by regulatory changes, technological advancements, and shifting business practices. Here, we explore the dynamic landscape of the accounting industry, setting the context for Wittenborg's specialised MBM (MSc) programme in Accounting.

1. Regulatory Environment: The accounting industry is heavily influenced by both international and local regulations that govern financial reporting and compliance. These regulations ensure transparency and uniformity in the financial statements of companies, making it essential for accounting professionals to stay updated on changes such as those in the International Financial Reporting Standards (IFRS) or specific national regulations.

2. Technological Advancements: Technology has transformed the accounting sector dramatically. The integration of sophisticated software and automation tools has streamlined traditional accounting processes, such as data entry, payroll, and even some aspects of auditing. This shift not only improves efficiency but also allows accountants to focus more on strategic tasks, such as analysis and advisory roles.

3. Globalisation of Business: As businesses expand globally, the demand for accountants who understand international finance, tax laws, and cross-border transactions is increasing. Professionals in the field must navigate complex multinational financial landscapes, providing expert advice on foreign exchange risks, overseas investments, and international financial management.

4. Sustainability Reporting: There is a growing trend towards incorporating sustainability into corporate governance. Accountants are increasingly called upon to report on environmental, social, and governance (ESG) factors, which requires a new set of skills and knowledge to integrate sustainability metrics with traditional financial reports.

5. Ethics and Corporate Responsibility: Ethical considerations are at the forefront of the accounting profession, driven by public demands for greater transparency and accountability following financial scandals. Ethical practice in accounting not only involves adhering to legal standards but also upholding the trust placed in accountants by the public and stakeholders.

6. Risk Management: With the increasing complexity of financial products and services, risk management has become a critical area within accounting. Accountants are essential in identifying, evaluating, and mitigating financial risks, ensuring that organisations are aware of potential financial pitfalls and are prepared to handle economic uncertainties.

7. Specialisation and Niche Expertise: The field of accounting offers a range of specialisations, including forensic accounting, tax accounting, and management accounting, each requiring specific skills and knowledge. As the industry diversifies, the demand for specialised knowledge continues to grow, offering numerous career paths for accounting professionals.

The MBM (MSc) with a specialisation in Accounting at Wittenborg prepares graduates to excel in this multifaceted industry by equipping them with both the traditional accounting skills and the broader business acumen necessary to respond to the industry's challenges and opportunities. By integrating robust business management principles with in-depth accounting knowledge, the programme develops well-rounded professionals capable of leading within the complex landscape of modern accounting. Join us to become part of this vital industry, shaping your future as a leader in accounting.

Career Prospects

Graduates of the MBM (MSc) programme with a specialisation in Accounting at Wittenborg are well-equipped to embark on successful careers within the dynamic and essential field of accounting. This programme integrates essential business management knowledge with specialized accounting expertise, preparing students for a diverse range of roles in financial management, compliance, and strategic advising. Here are several promising career paths for graduates:

  1. Financial Accountant: Manage and oversee the preparation of financial statements, ensure compliance with accounting standards, and report on financial performance to management and stakeholders.

  2. Management Accountant: Provide detailed financial and statistical information to company leaders to assist in formulating strategic decisions. This role involves budgeting, financial planning, and cost analysis to drive business strategy.

  3. Financial Analyst: Evaluate financial data to assist businesses in making informed decisions about investment activities. Financial analysts study market trends, economic conditions, and company fundamentals to provide investment recommendations.

  4. Corporate Controller: Oversee an organisation’s accounting operations, including the production of periodic financial reports, maintenance of accounting records, and a comprehensive set of controls designed to mitigate risk.

  5. Compliance Officer: Ensure that an organisation complies with external regulatory and legal requirements as well as internal policies and bylaws. This role involves developing compliance programs, reviewing company policies, and advising management on possible risks.

  6. Entrepreneur/Small Business Owner: Utilise accounting knowledge to manage personal business ventures more effectively. Understanding the financial implications of business decisions is crucial for success in entrepreneurship.

The MBM (MSc) with a specialisation in Accounting at Wittenborg not only prepares students for these roles but also equips them with the leadership skills necessary to take on senior positions within the accounting and finance sectors. Graduates emerge as highly competent professionals capable of navigating complex financial landscapes, making strategic decisions, and leading financial teams effectively. Join us to advance your career and become a leader in the evolving world of accounting.

Entry Requirements

The admission requirements (criteria) for the Master of Business Management programmes (all specialisations) are as follows:

  • A bachelor's degree or equivalent recognised qualification:
    • ​Applicants are requested to provide an academic reference from their previous education institute.
    • It is necessary to have obtained a bachelor's degree from the domains of business, management, economics or trade. In their bachelor's degree applicants must have completed an academic piece of work (final project or dissertation) that demonstrates a degree of academic writing and research experience.
  • No professional experience is required for these master's programmes.

English Language Requirements

IELTS 6.5 or TOEFL equivalent. Click here for an overview of the equivalent scores.
TOEFL Code of Wittenborg is 4889.

The English language proficiency level requirement is ½ a point higher than the minimum national requirements in the Netherlands.

Selection procedure

There is no specific selection criteria for students wishing to enter the master's programmes at WUAS; however, all students are interviewed and must demonstrate motivation. Students will be advised of their suitability prior to signing an initial study agreement as a pre-requisite to obtaining admission (offer letter).

Non-EU students requiring sponsored visa for study.

Non-EU (visa) students are “screened” according to their background, in order for the institute to be able to guarantee their immigration status.

The screening comprises an interview, collection and correlation of all IND required documents, including proof of sufficient funds, taking into account any scholarships provided by Wittenborg (Orange Tulip Scholarship, for instance) or by third parties (NUFFIC, EU, etc).

Details on Scholarships at Wittenborg can be found at http://www.wittenborg.eu/wittenborg-financial-assistance.htm.

Applicants are required to provide a motivation letter in which they describe the reasons for choosing Wittenborg’s programme, as well as the reason for wanting to study in the Netherlands (international students). Student motivation is important as the programmes are demanding and especially for international students there is a criteria that they complete at least 50% of all their credits in a year.

Apply/Information Request

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Fill in the Information Request Form to get more information about our programmes and admissions process. You can also send an email to admission@wittenborg.eu, and one of our team members will reply to you as soon as possible.

Please note that our office is open Monday to Friday from 08:30 to 17:00 Dutch time.

Email our admissions department

If you wish to directly start your application, please start your application here
 

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