Master’s programme in Accounting and Finance
MSc in Business and Economics | 1 year | 60 credits
Entrance to our Master's programmes is highly competitive. You can increase your chances of a successful application by exceeding the minimum entry requirements.
Programme specific requirements
- An undergraduate degree (BA/BSc) with at least 90 ECTS in business administration, which must include a course in corporate finance/financial management and a course in financial accounting.
- When applying to this programme, you select either the specialisation in Corporate Finance or the specialisation in Accounting and Management Control. You must also fulfil the additional requirements for your chosen track.
Additional requirements for the specialisation in Corporate Finance
In addition to the programme specific admission requirements, the specialisation in Corporate Finance requires:
- 15 credits in corporate finance/finance/financial management and a course in econometrics or statistics.
- The specialisation in Corporate Finance expects participants to hold previous knowledge in corporate finance equivalent to the advanced undergraduate level. You should, for example, be familiar with basic concepts such as net present value (NPV), discounted cash flow (DCF), and weighted average cost of capital (WACC), but also with basic theories such as trade-off theory, information asymmetry, and agency theory. Participants are also expected to hold basic knowledge of statistics, including central statistical concepts such as mean, standard deviation, variance, covariance, correlation, and ordinary least squares.
- In addition, participants are expected to be able to read and understand financial statements, including the consolidated statements of financial position, profit or loss, changes in equity, and cash flows, and to calculate and interpret profitability, profit margin, asset turnover, and growth
Additional requirements for the specialisation in Accounting and management control
In addition to the programme specific admission requirements, the specialisation in Accounting and management control requires:
- 15 credits in financial accounting or managerial accounting.
- The specialisation in Accounting and management control expects participants to be able to read and understand financial statements, including the consolidated statements of financial position, profit or loss, changes in equity, and cash flows, and to calculate and interpret profitability, profit margin, asset turnover, and growth.
- Furthermore we expect you to be familiar with basic management accounting concepts like opportunity cost, fixed and variable cost, and net present value. Finally, we expect you to have basic knowledge about different management control tools, like budgets, multidimensional performance measures, and responsibility centers.
English language requirements
What are our minimum requirements?
We require a good command of the English language, both spoken and written. The English language entry requirement is the equivalent of English studies at upper secondary (high school) level in Sweden, called English 6/English Course B.
For international students, this can be demonstrated in various ways. You can demonstrate that you meet the English language requirement through certain upper secondary (high school) studies, certain university studies, or an internationally approved English test.
What are our minimum requirements?
We prefer candidates to take the IELTS test where possible. We accept the following tests and minimum scores:
- IELTS score of 6.5 (with no section less than 5.5)
- TOEFL paper-based score of 4.5 (scale 1-6) in written test and a total score of 575
- TOEFL internet based score of 20 (scale 0-30) in written test and a total score of 90
However, strong English language communication skills are crucial to gain the full benefit of the programmes we offer. Therefore, meeting the minimum English language test requirements does not guarantee admission. A majority of students accepted to this programme submit test scores corresponding to IELTS band 7.0.
Selection to this programme
We normally look for undergraduates with excellent results from an internationally-recognised university. When assessing your academic record, we take into account your grade average, position in class, your statement of purpose and the standing of the institution where you studied your qualification.
Undergraduates are recommended to have a minimum average grade equivalent to 3.0 in cumulative grade point average (CGPA) out of 4, C in the ECTS grading scale, and B in the American grading scale.