Program mission 

The mission of the MoA Program is to prepare competent and effective Accounting professionals who will help to give direction to their organizations and to lead them to sustainable success. 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;
  • Students understand the relationships between Accounting and related fields;
  • A professional and responsible attitude about the social and ethical aspects of business and science;
  • Mastering self- study techniques and critical reflection.

 

Learning Outcomes

  • Students will have acquired knowledge of theories and concepts of Management Accounting, Financial Accounting, Financial Reporting, Auditing and concepts of related disciplines including Leadership, Ethics, Organization Management, Strategic Management and Corporate Governance.
  • Students will be able to interpret financial information to identify financial and non-financial opportunities and challenges.
  • Students will be able to integrate different perspectives to solve complex problems with knowledge and insight in the field of Accounting.
  • Students will be able to analyze an Accounting and Control System and understand the role of Accounting in decision-making processes.
  • Students will be able to judge Accounting and Control Systems to meet the strategic needs of an organization including an estimate of the financial and non-financial risks to which an organization is exposed.
  • Students will be able to present and explain results from financial reports and perform a small-scale financial audit.
  • Students will have a professional and responsible attitude towards social and ethical aspects of business and science.
  • Students will demonstrate behaviors necessary and apply critical reflection to become successful in the field of accounting.

 

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More information?

Contact Farzia Sjinga
MoA Program Manager
Telephone:
+597 422532
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 modules are characterized as Foundation, Core, Focus and Master Thesis Trajectory.

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 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

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 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
  1. a completed and duly signed application form providing the candidate’s personal data, educational record and employment record
  2. copies of certificates and academic transcripts
  3. curriculum vitae
  4. personal motivational letter
  5. Two (2) reference letters from employers or other professionals
  6. copy of a valid ID and passport
  7. one passport size picture
  8. 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.
Nova accreditatie