MPhil Accounting and Finance

Year of entry: 2020

Overview

Degree awarded
MPhil
Duration
1 year (Full-time) / 2 years (Part-time)
Entry requirements

Candidates must hold a Bachelors degree with Honours (to UK standard) of First or Upper Second (2:1) Class .

Please note: Due to variations in the grading structures of international institutions, higher results may be required than stated here. 

Professional qualifications other than a Bachelors Degree and/or relevant and appropriate experience may be taken into account for entry to the programme.

PLEASE NOTE: Qualifications from non-UK institutions must be equivalent to UK qualifications. Grading schemes of some institutions may vary - please provide an official grading scheme with your transcripts.

Full entry requirements

How to apply
Apply online

Programme options

Full-time Part-time Full-time distance learning Part-time distance learning
MPhil Y Y N N

Programme description

A Masters level research degree obtained by successful examination of a thesis. The minimum period of study is one year.

Fees

For entry in the academic year beginning September 2020, the tuition fees are as follows:

  • MPhil (full-time)
    UK/EU students (per annum): TBA
    International students (per annum): £19,000
  • MPhil (part-time)
    UK/EU students (per annum): TBA
    International students (per annum): £9,500

Please note for the majority of projects where experimentation requires further resource: higher fee bands (where quoted) will be charged rather than the base rate for supervision, administration and computational costs. The fees quoted above will be fully inclusive and, therefore, you will not be required to pay any additional bench fees or administration costs.

All fees for entry will be subject to yearly review and incremental rises per annum are also likely over the duration of the course for UK/EU students (fees are typically fixed for International students, for the course duration at the year of entry). For general fees information please visit: postgraduate fees . Always contact the department if you are unsure which fee applies to your project.

Contact details

School/Faculty
Alliance Manchester Business School
Contact name
Doctoral Programmes Office
Telephone
+44 (0)161 275 1200
Email
Website
https://www.mbs.ac.uk/study/phd/
School/Faculty
Alliance Manchester Business School was established in 1965 as one of the UK's first two business schools. Today, we are the UK's largest campus-based business and management school, and 'Original Thinking Applied' is at the heart of everything we do. Find out more .

Programmes in related subject areas

Use the links below to view lists of programmes in related subject areas.

Entry requirements

Academic entry qualification overview

Candidates must hold a Bachelors degree with Honours (to UK standard) of First or Upper Second (2:1) Class .

Please note: Due to variations in the grading structures of international institutions, higher results may be required than stated here. 

Professional qualifications other than a Bachelors Degree and/or relevant and appropriate experience may be taken into account for entry to the programme.

PLEASE NOTE: Qualifications from non-UK institutions must be equivalent to UK qualifications. Grading schemes of some institutions may vary - please provide an official grading scheme with your transcripts.

English language

Candidates will be exempt from providing an English language test score if they are:

  • Native English speaker from one of the following countries; OR
  • In the process of completing a degree, or have graduated within the last 5 years, from one of the following countries:

Antigua and Barbuda, Australia, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, New Zealand, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, Trinidad & Tobago, UK, USA.

If you do not meet the above criteria, you must demonstrate your English proficiency by taking one of the following tests and achieving the minimum stated score:

  • IELTS: 7.0 (with a minimum of 6.0 in each component)
  • TOEFL: 100 internet-based or 623 paper-based (with a minimum of 20 in each component - internet based).
  • Pearson Test of English Academic (PTE): 66 (with a minimum of 51 in each component)

If you are uncertain if these exemptions apply to you, please contact the Doctoral Programmes Office .

English language test validity

Some English Language test results are only valid for two years. Your English Language test report must be valid on the start date of the course.

Application and selection

How to apply

Advice to applicants

To submit an application, please apply online.  Supporting documents may be provided electronically with your application, or you may provide them as hard copy documents directly to us here at the School.

An application should consist of the following documents.

  1. Online application form
  2. 3000-word Research Proposal outline
  3. Certificates of all your previous degrees - these must be official English translations.
  4. Grade transcripts of all your previous degrees - these must be official English translations. If you are currently undertaking a degree programme, an up-to-date interim transcript will be sufficient at this stage.
  5. Two academic references, preferably from your most recent degree. Please note: If you are nominating a potential supervisor, they cannot act as a referee for you.
  6. IELTS, TOEFL, PTE test result slip (if applicable) 

Application deadline for September entry: 30 June 2020

We strongly recommend candidates to apply early and to make sure that all required documents are submitted with the application. 

How your application is considered

1. Application submitted online

2. Application screened to ensure the candidate meets the entry requirements and has submitted all their supporting documents.

3. If the candidate meets the minimum entry requirements and all documents have been received, the application is passed to the appropriate academics within the School for consideration and to identify a suitable supervisory team.  

4. Prospective supervisors will interview the applicant and make a decision following the interview

Interview requirements

All applicants are interviewed by prospective supervisors or appropriate academic members of staff. This also provides an opportunity for the applicant to discuss their project proposal. For applicants in the UK, they are invited to attend the interview in person at Alliance Manchester Business School.  For applicants based elsewhere, the interview will normally take place by telephone or Skype.

Re-applications

If you applied in the previous year and your application was not successful you may apply again. Your application will be considered against the standard course entry criteria for that year of entry. In your new application you should demonstrate how your application has improved. We may draw upon all information from your previous applications or any previous registrations at the University as a student when assessing your suitability for your chosen course.

Programme details

Programme description

A Masters level research degree obtained by successful examination of a thesis. The minimum period of study is one year.

Aims

The MPhil thesis will show convincing evidence of the capacity of the candidate to pursue research and scholarship, and represent original work that is appropriately located by the candidate within a wider field of knowledge and investigation.

Special features

The Master of Philosophy is a one year postgraduate research degree. Students undertake a substantial research project and may undertake some of the research training available to PhD students.  

The MPhil programme at AMBS offers an annual entry point of September.  Complete applications must be received in the Doctoral Programmes Office by 30 June - please refer to the Entry Requirements information for further details. 

Teaching and learning

The MPhil programme does not require students to undertake any Research Training; however students may choose to attend courses from the PhD Research Training Programme subject to availability.

Our research activities are undertaken via the following research groupings:

Corporate Reporting, Auditing and Business Group (CRAB) - covers reporting financial performance; accruals management and other accounting choices; market based accounting research; financial communication (both formal and informal); accounting based valuation models; the information transmission role of analysts; earnings timeliness and accounting conservatism; accounting policy choice; executive reward structures.

Auditing Group - captures work on the roles and methods of auditing; the contribution of auditing to processes of corporate governance; regulation of the auditing profession; and the contemporary developments in public/private sector auditing, in particular the changing international nature of audit regulation.

Business and Public Policy Group - focuses on management strategy, using political economy to analyse the underlying business and public policy issues; the group has expertise on sectors such as cars and media; studies major corporations such as Ford and GE; and focuses on new styles of public sector management, including the implications of private finance for public services.

Finance Group - staff research interests include:
-Asset Pricing, Market Efficiency and Investment Analysis - empirical research includes the testing of asset pricing models, and the related areas of anomalies, return predictability and behavioural finance; portfolio theory in the presence of background risk, dynamic asset allocation, and performance measurement.
-Financial Markets and Derivatives - including research on interest rate models and the pricing of interest rate derivatives; option pricing and techniques; volatility.
-Corporate Finance - empirical research in the areas of IPOs, corporate governance, new and emerging stock markets, and venture capital.
-Financial Econometrics - research including asymmetric response models, nonlinear models of share price behaviour, extreme value theory, and volatility modelling.

Management Accounting and Information Systems (MAISY) Group - incorporates management accounting and management information systems specialists.

Management Accounting Group - is especially strong in organisational, political economy and social theory approaches to accounting research utilising intensive case study methods. Particular interest is given to management accounting change and implementation.

Information Systems Group - interests include organisational, behavioural, theoretical issues relevant to the design, development, implementation/management of information technology and technological innovations.

Additional fee information

H ome (UK/EU) candidates ( The fees for 2020-21 entry have not been confirmed yet.  The fees for 2019-20 are shown below as a guide only):

Full-time - £4,327

Part-time - £2,163 for Year 1; the fee for Year 2 is expected to increase.

Overseas candidates (2020-21):

Full-time - £19,000

Part-time - £9,500 per year for the 2-year programme.  Students who require a visa in order to study in the UK are not eligible to apply for the part-time MPhil.

For general fees information, please visit: Postgraduate Fees .

Disability support

Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service. Email: dass@manchester.ac.uk