Master of Accounting

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 Chemendy Banda
MoA Program Manager
Telephone:
+597 424501
Email: pm.moa@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.

Note: Distance learning will be carried out as a substitute for face-face learning during the COVID-19 Pandemic to avoid delays in the program.

Program Structure

The program consists of 70 ECTS and is lectured over 2.5 years in 9 modules, 3 Master classes, 2 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.

The program is Internationally Accredited by the International Accreditation Council for Business Education (IACBE) en Nationally by Nationaal Orgaan voor Accreditatie (NOVA).

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.

Block	Description	Course	ECTS
Admission Required Leveling Courses	The Leveling courses serve to provide you with basic skills required for successful participation in the program.	Business English	0
		Academic Skills	0
		foundations of Business Finance	0
		Foundations of Micro-Economics	0
		Foundations of Accounting	0
		Foundations of Quantitative Research Techniques and Statistics	0
Program Curriculum
Foundation	The foundation modules relate to Management Accounting and form the basic content of the program.	Financial Accounting	5
		Strategy, Leadership and Organization	5
		Corporate Governance	5
		Master Class 1	3
Core	The core modules deal with the decision environment in organizations and are therefore not just the core to the understanding of Management accounting, but important to make use of the context.	Strategic Management Accounting and Control	5
		Internal Control and Accounting Information Systems	5
		Financial Reporting and Analysis	5
		Master Class 2	3
Focus	The focus modules cover skills that are critical for an effective Management Accountant.	Advanced Financial Accounting	5
		Auditing and Assurance Services	5
		Financial Risk Management	5
		Research Method	3
Thesis Trajectory	The objective of the Master Thesis is to select and articulate an accounting problem, develop a framework within which to analyze the problem and provide meaningful recommendations for management.	Thesis writing workshop 1	3
Thesis Trajectory		Thesis writing workshop 2	3

*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

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 Hogeschool Taal (B1 & B2 level), TOEFL or from another Equivalent Test.

d. Successful completion of the Admission Required Leveling Courses

All applicants must successfully complete the leveling courses before June 25, 2022.

e. Submit mandatory documents

a completed and duly signed application form providing the candidate’s personal data, educational record and employment record
copies of certificates and academic transcripts
curriculum vitae
personal motivational letter
Two (2) reference letters from employers or other professionals
copy of a valid ID and passport
one passport size picture
Proof of payment of the application fee of €300 and a payment plan for the tuition fee of €12.500.

All letters and documents must be submitted in English.

Deadlines

Application deadline

The application deadline is June 30, 2022

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% to be paid at the start of the program
50% to be paid six months after the program has started

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

*The above mentioned fees may be converted to Surinamese dollars based on the Centrale Bank Exchange sales rate on the day of payment.

Program mission

Learning Goals

Learning Outcomes

Contact Chemendy Banda MoA Program Manager Telephone: +597 424501 Email: pm.moa@fhrinstitute.sr

Target population

Mode of Delivery

Program Structure

Title upon completion

Block

Description

Course

ECTS

Admission Required Leveling Courses

The Leveling courses serve to provide you with basic skills required for successful participation in the program.

Business English

0

Academic Skills

0

foundations of Business Finance

0

Foundations of Micro-Economics

0

Foundations of Accounting

0

Foundations of Quantitative Research Techniques and Statistics

0

Program Curriculum

Foundation

The foundation modules relate to Management Accounting and form the basic content of the program.

Financial Accounting

5

Strategy, Leadership and Organization

5

Corporate Governance

5

Master Class 1

3

Core

The core modules deal with the decision environment in organizations and are therefore not just the core to the understanding of Management accounting, but important to make use of the context.

Strategic Management Accounting and Control

5

Internal Control and Accounting Information Systems

5

Financial Reporting and Analysis

5

Master Class 2

3

Focus

The focus modules cover skills that are critical for an effective Management Accountant.

Advanced Financial Accounting

5

Auditing and Assurance Services

5

Financial Risk Management

5

Research Method

3

Thesis Trajectory

The objective of the Master Thesis is to select and articulate an accounting problem, develop a framework within which to analyze the problem and provide meaningful recommendations for management.

Thesis writing workshop 1

3

Thesis writing workshop 2

3