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201617
Professional Accountancy
MSc
PGCert
Table of Contents
Important information regarding the Programme Specification .......................................... 2
Title and name of awards .................................................................................................. 3
Entrance requirements ...................................................................................................... 6
Educational aims and learning outcomes of the programmes ............................................ 9
Learning, teaching and assessment strategies ................................................................ 11
Assessment methods ...................................................................................................... 12
Student support and guidance ......................................................................................... 12
Quality evaluation and enhancement ............................................................................... 12
After graduation ............................................................................................................... 13
Award titles
Master of Science in Professional Accountancy (MSc)
Individual modules
There is no provision for individual modules of the programme to be studied on a stand-
alone basis.
The Framework for Higher Education Qualifications in England, Wales and Northern
Ireland (FHEQ) forms part of the UK Quality Code for Higher Education of the Quality
Assurance Agency for Higher Education (QAA).
The awards are placed at the following Levels of the Framework for Higher Education
Qualifications (FHEQ):
Awarding body
University of London
Registering body
www.londoninternational.ac.uk
University of London
Programme direction
University College London
Mode of study
Institution supported learning from a local institution, where this is available, or web
supported learning with an online tutor.
Institutions which support this programme will be listed on the Institutions Directory:
www.londoninternational.ac.uk/teaching-institutions
Programme structures
The programme will have two registration points in the year (this number may increase in the
future) corresponding with start dates for modules.
Students have an online induction session available through the virtual learning environment
(VLE) prior to the start of their study session. This will include orientation of their learning
environment and guidance on the structure and learning expectations for the module.
A student must follow one of two pathways when registering on the Professional
Accountancy programme.
Pathway 1 - MSc in Professional Accountancy
The MSc under Pathway 1 consists of:
Accredited prior learning on the basis of three ACCA Professional level papers (P1,
P2 and P3) or their equivalent,
two University of London option modules: Strategic financial management (PAM004)
and Strategic performance management (PAM005); and
one University of London compulsory module: Strategic financial project (PAM006).
Accredited prior learning on the basis of five ACCA Professional level papers (P1,
P2, P3 and two from P4, P5, P6, P7) or their equivalent; and
Two compulsory University of London modules: Global issues for the finance
professional (PAM100); and Strategic financial project (PAM006).
Further information about the credit systems used by universities in the UK and Europe is
available in:
The Higher Education Credit Framework for England,
www.qaa.ac.uk/en/Publications/Documents/Academic-Credit-Framework.pdf
The Framework for Higher Education Qualifications in England,
www.qaa.ac.uk/en/Publications/Documents/Framework-Higher-Education-Qualifications-
08.pdf
The European Credit Transfer and Accumulation System,
http://ec.europa.eu/education/tools/ects_en.htm
Credit indicates the amount of learning carried out in terms of the notional number of study
hours. The Framework for Higher Education Qualifications in England (FHEQ) level indicates
the depth, complexity and intellectual demand of the learning. The details below indicate the
UK credits and the European Credit Transfer and Accumulation System (ECTS) values.
Entrance requirements
Applicants must submit an application in line with the procedures and deadlines set out on
the website. The ACCA Professional papers (P1 P7) have been benchmarked at FHEQ
level 7.
MSc Pathway 1
To qualify to register for the MSc under Pathway 1 an applicant must be a current ACCA
Student and must have:
passed ACCA Professional level papers P1, P2 and P3 papers (or their equivalent).
MSc Pathway 2
To qualify to register for the MSc under Pathway 2 an applicant must be a current ACCA
Member or Affiliate and must have:
passed two of the ACCA Professional level papers P4 P7 (or their equivalent).
If an applicant to Pathway 2 passed the last of the ACCA Professional level papers more
than five years ago, they must be able to demonstrate that their Continuing Professional
Development (CPD) record is compliant with the ACCA policy on CPD since they became a
Member. This will include an up to date CPD declaration for the current year. Additionally
they are required to successfully complete the assessment for the University of London
Professional Accountancy Online Preparation Test which is available to enrol on demand.
Postgraduate Certificate
To qualify to register for the Postgraduate Certificate an applicant must be a current ACCA
Student and must have:
have passed the English version of ACCA Fundamental papers F1 F9 papers (or
gained exemption by completion of an English-medium undergraduate degree
approved by ACCA), or
have passed the English version of ACCA Professional level papers P1, P2 or P3, or
a web browser (the latest version of Firefox, Chrome or Internet Explorer). This must
accept cookies and have JavaScript enabled
a speaker
and the following applications installed:
a word processor that accepts Microsoft Word formats (.doc and .docx)
a pdf reader
Principle 5: Flexibility
To facilitate the requirements of a diverse global community of learners a core feature of this
programme is flexibility in the design of the curriculum, providing for pathways to sub-degree
and full degree awards and facilitating student progress at a pace suitable to their
circumstance.
Principle 6: Assessment
A core feature of this programme will be a varied range of learning activities embedded
within the learning content for each module, designed to provide feedback to students on
their progress towards learning outcomes. Summative assessment methods will be designed
to promote retention, through the encouragement of tutor feedback, and provide for as wide
a range as possible to most effectively assess learning outcomes, within the context of the
need for secure and reliable techniques appropriate to flexible learning.
Assessment methods
Strategic financial management is assessed by a coursework element (30%) and an
examination element (70%).
Global issues for the finance professional is assessed by a coursework element (50%) and a
project element (50%).
Strategic financial project is assessed by a coursework element (30%) and a project element
(70%).
The grade awarded for each module will be based on all the elements of assessment.
Students will be required to pass each element of the assessment subject to the application
of the rules for marginal compensation, where permitted.
Examinations may be taken in June and December and resits at the next opportunity.
Examinations are held at examination centres throughout the world.
Online student advisor and online tutor (for web supported learners).
Annual programme reports are produced for all programmes in order to review and
enhance the provision and to plan ahead;
Every year independent external examiners submit reports to confirm that a
programme has been assessed properly and meets the appropriate academic
standards;
Annual student information statistics are produced and are referenced in all
systematic reporting within the University of London International Academy;
Periodic programme reviews are carried out every 4-6 years to review how a
programme has developed over time and to make sure that it remains current and
up-to-date.
See www.londoninternational.ac.uk/our-global-reputation/quality-standards for its policies
and procedures in quality assurance.
After graduation
Further study
Successful completion of the programme may serve as preparation for students who wish to
go on to take further study in the subject area.