rober kasanrawi emma

Program overview

The mission of the Executive Master in Management Accounting (EMMA) program is to prepare competent and effective management accounting professionals who will help to give direction to their organizations and to lead sustainable success. The overall learning objective of the program is to provide students high-quality and internationally oriented education in management accounting.


Learning objectives

• Knowledge of the principles and concepts of management accounting.
• Acquire the ability to obtain knowledge and understanding structured to solve complex problems.
• Understand the relationships between management accounting and related fields.
• Learn to have a professional and responsible attitude about the social and ethical aspects of business and science.
• Master self- study techniques and critical reflection.

Nova accreditatie
AACSB accredited
efmd equis klein

Admission Requirements

Candidates are admitted on a competitive selection basis.
In order to be eligible for admission to the EMMA program, an applicant needs to fulfill the following requirements:

A. Degree
A Bachelor degree from a recognized institute (university or HBO) in Accounting, Finance or an equivalent degree.

B. Work experience
Applicants should have at least two (2) or more years of relevant working experience.

C. Proficiency in English
Applicants whose first language is not english must demonstrate proficiency in the English language by submitting official test scores from TOEFL or from the FHR TOEFL equivalent test.

D. FHR Leveling Program
FHR-MBA Alumni may get exemptions from the Operational and Management Level Exams.

E. Admission required leveling courses
In their application for registration applicants must submit the following:
a) a completed and duly signed application form providing the candidate’s:
• personal data
• educational record
• employment record
• the particulars of two referees
b) copies of (university or HBO) certificates and academic transcripts
c) two letters of reference from the referees indicated in the application form
d) a Curriculum Vitae
e) copy of a valid ID

All letters and documents must be submitted in English.

Mode of delivery

The program is delivered in 24 months.
After 6 days of lecturing, there are two weeks off for preparation of the individual exam or final assignment.
In-class lecturing is from Monday till Friday from 18:00 – 21.30 hrs and on Saturday from 09.30 – 15:00 hrs.
Individual in-class exams are on a Saturday from 09:30 – 12:30 hrs. Class attendance is compulsory.

Title upon completion

Master in Management Accounting (MMA) granted by the Maastricht University and internationally accredited by:
• AACSB – The Association to Advance Collegiate Schools of Business
• EQUIS – European Quality Improvement System

The degree is also nationally accredited by
Nationaal Orgaan van Accreditatie (NOVA).

Program Curriculum

  • English
  • Foundations of Accounting
  • Foundations of Business Finance
  • Foundations of Micro-economics
  • Foundations of Quantitative Research Techniques & Statistics

The CORE modules relate to Management Accounting and form the basis content of the program.
All core modules weigh 5 EC’s and have a length of 8 weeks including 6 days of in-class lecturing, 10 days of online tutoring, an outside class assignment and an in-class exam.

1. Management & Financial Accounting

2. Financial Reporting & Analysis

3. Advanced Management Accounting

4. Information Management and Systems are entirely based on company cases and focuses on how organizations can use information systems to improve their performance.

5. Corporate Finance is the area of finance dealing with the sources of funding and the capital structure of corporations and the actions that managers take to increase the value of the firm to the shareholders, as well as the tools and analysis used to allocate financial resources.

6. Risk Management addresses the wide range of risks organizations face (e.g. commercial and business risks, financial risks, or risks in information systems) and the key components of effective risk management.

The CONTEXT modules deal with the decision environment in organizations and are therefore not core to the understanding of Management Accounting but important to make use of the context.
Each context module weighs 3 EC’s and has a length of 4 weeks including 6 days of in class lecturing, an outside class assignment and an in-class exam.
1. Organizational Behavior is about the complex relationship & social dynamics between individuals, functional management, teams & networks and attendant behavior, in the workplace and
2. Strategic Management Accounting and Control addresses the link between management accounting and strategy. The strategy of an organization is  elevant for the design of an accounting system and in particular, the design of managerial controls.
3. Corporate Governance includes the processes through which corporations objectives are set and pursued in the context of the social, regulatory and market environment.
4. Assurance Services provides students with the knowledge and skills (competencies) of the audit profession. Several theoretical concepts are part of the course and necessary for management accountants in their daily profession.
The SKILL modules cover skills that are critical for an effective Management Accountant.
Each skill module weighs 2 EC’s and has a length of 4 weeks including 6 days of in class lecturing and a take home exam.
1. Leadership, Influence and Power will introduce students to the world of leadership in different ways. Students will explore the topic through the academic lens by studying past and current theoretical
perspectives and empirical research.
2. Research Methods and skills familiarizes students with different statistical techniques to analyze data.
This course prepares students for their final thesis.
The objective of the Master Thesis is to select and articulate a business problem, develop a framework within which to analyze the problem and provide meaningful recommendations for management.
The thesis weighs 14 EC’s and is conducted in a period of 6 months after the modular lecturing program.
The Master Thesis consists of research on a management accounting subject that students carry out individually. The outcome of the study is reported in a written document and concluded with a public defense.