The University of London and the Association of Chartered Certified Accountants (ACCA), the global body for professional accountancy, are enabling you to complete an 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 as counting 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. The pathways are outlined below.
The modules on the new MSc in Professional Accountancy are being developed with academic input from UCL, one of the University of London’s constituent Colleges. UCL is ranked seventh in the world’s top universities (QS World University Rankings 2015/16).
The opportunity to gain a prestigious master’s level qualification is open to ACCA students, affiliates and members, no matter what stage they are at in their professional qualification journey. ACCA members who are qualified and affiliates who have completed all the ACCA assessments can follow a route to ‘top-up’ their professional qualification with this master’s. ACCA students who have passed the fundamentals level of the ACCA qualification can opt to continue towards their ACCA qualification by using the master’s as an equivalent to two of their final ACCA papers.
The three ACCA modules (P1 to P3) you study as part of your ACCA qualification give you accreditation for prior learning (APL) for 90 credits of your master’s. The two University of London option modules will be recognised by ACCA as part of your professional qualification. To qualify to register for the MSc you must be a current ACCA Student 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).