Program mission 

The Mission of the Master of Accounting (MoA) program is to prepare highly competent accounting professionals capable to apply accounting and business knowledge for the betterment of individuals and for the public good. The program is conducted by FHR School of Accounting & Management in cooperation with The University of Maastricht (UM) in the Netherlands.

 

Learning Goals

  • Knowledge of the principles and concepts of accounting;
  • Ability to obtain knowledge and understanding structured to solve complex problems;
  • Critically evaluate financial statement information;
  • A professional and responsible attitude about the social and ethical aspects of business and science;
  • Mastering self- study techniques and critical reflection.

 

Learning Outcomes

  • Integrate advanced theoretical and technical accounting knowledge in a business context, including an understanding of developments in accounting and accounting research;
  • Exercise judgement under minimal supervision to analyze and provide possible solutions to emerging and advanced accounting problems in complex contexts;
  • Present and explain results from financial reports.

 

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More information?

Contact Nazara Kranenburg
MoA Program Manager
Telephone:
+597 520797
Email: nazara.kranenburg@fhrinstitute.sr

Target population

The program is aimed at accounting practitioners, future managers and controllers who are in need of knowledge and development in the area of accounting. The students of the MOA program belong to the best potentials in the organization.

Mode of Delivery

In-class lecturing is from Monday till Friday from 18.00 – 21.30 hrs.
and on Saturdays from 09.30 – 15.00 hrs.

In-class exams are on Saturdays from 09.30 – 12.30 hrs.

Class attendance is compulsory.

Program Structure

The program consists of 60 ECTS and is lectured over 2 years in 10 modules, 3 Workshops and a Thesis. The modules are characterized as core, context and skill and performance.

Title upon completion

Upon completion graduates will receive a Master of Accounting (MoA) title granted by FHR Institute for Higher Education and Certified by Maastricht University School of Business and Economics.

National accreditation by the Nationaal Orgaan voor Accreditatie (NOVA) and international accreditation by the International Accreditation Council for Business Education (IACBE) are being applied.

*EC (European Credit): A unit expressing the Study Load for students, whereby 1 EC = 28 hours of study. An EC encompasses all study activities, including classroom contact hours as well as hours spent on self-study and group work

Accounting professionals that hold a master’s degree earn more and grow faster in their career than those with a bachelor’s degree. When it comes to ensuring you have the best of landing your ideal position in the finance industry receiving a master of accounting can help you stand out against other applicants.

Common career opportunities:

Chief Financial officer (CFO):

CFO’s are responsible for ensuring the financial operations of a company are running smoothly and efficiently. They oversee different finance departments, provide leadership for those departments and ensure they are always in compliance with company policies and any laws that may apply. Becoming a CFO requires years of experience in the financial industry.

Financial advisor:

Financial advisors help individuals and companies manage their finances and provide financial advice on a variety of topics such as investments, mortgages, college savings, estate planning, taxes, insurance and retirement.

Financial analyst:

When working with businesses they oversee financial movements within the company and help make well-informed financial decisions. They do this by tracking the company’s financial performance against a plan, analyzing business performance and market conditions to create forecasts.

Financial Manager:

TFinancial managers can work in a variety of industries and are overall responsible for the financial health of the company. They create plans and set goals as well as produce financial reports for the company, thus helping senior management make tactical and strategic decisions by providing periodic reports.

Admission requirements

Candidates are admitted on a competitive selection basis.

In order to be eligible for admission to the MoA 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. English Proficiency
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. Successful completion of the Admission Required Leveling Courses
All applicants must successfully complete the leveling courses.
e. Submit mandatory documents
  1. a completed and duly signed application form providing the candidate’s personal data, educational record and employment record
  2. copies of (university or HBO) certificates and academic transcripts
  3. curriculum vitae
  4. two letters of reference from the referees indicated in the application form
  5. copy of a valid passport
All letters and documents must be submitted in English.

Deadlines

Application deadline
The application deadline is  October 01, 2020

Application Fee

The admission fee is € 300 and should be paid before the start of the required leveling courses.

Program tuition Fee

The tuition fee amounts to € 12.500 (including costs of textbooks and other study material).

Funding

Payment of the Program tuition Fee (incl. books and study material) :
a. Full payment at once
b. Two installments: 50% two weeks before the start of the program
50% à within six months after the first installment
c. A free of interest periodic installment agreement with FHR

 

We expect each participant to arrange own funding of the tuition fee or through sponsorship of his/her employer

 

Alternative funding options are available through:
  • Study financing from Nationale Ontwikkelingsbank (NOB)
*The above mentioned fees may be converted to Surinamese dollars based on the Centrale Bank Exchange sales rate on the day of payment.
Nova accreditatie