Financial and Managerial Accounting

The Bachelor's degree program in Financial and Managerial Accounting at the Berlin School of Economics and Law offers students a comprehensive education in the principles and practices of accounting, finance, and management decision-making. Designed to prepare graduates for diverse careers in corporate finance, auditing, consulting, and financial analysis, this program combines theoretical foundations with practical application. Throughout the course of study, students gain in-depth knowledge of financial accounting standards, managerial accounting techniques, and the regulatory environment governing financial reporting. Emphasis is placed on developing analytical skills, problem-solving abilities, and proficiency in accounting software, enabling students to efficiently analyze financial data, prepare accurate reports, and support strategic management decisions. The program also covers topics such as cost accounting, internal controls, tax regulations, and financial statement analysis, equipping students with a broad understanding of the financial landscape. Additionally, students learn about corporate governance, ethics in accounting, and international financial reporting standards, preparing them to work in globalized markets. The curriculum incorporates case studies, project work, and internships to ensure practical relevance and real-world experience. Graduates of this program are well-equipped to pursue professional certifications like CPA or ACCA, and many go on to roles in auditing firms, financial departments of corporations, consultancy agencies, or start their own businesses. The program is taught by experienced faculty with academic expertise and industry background, ensuring students receive up-to-date and relevant instruction. Located in Berlin, a vibrant economic hub, the university provides ample networking opportunities with industry professionals and access to a dynamic job market. The Bachelor's in Financial and Managerial Accounting at Berlin School of Economics and Law is an ideal choice for individuals interested in mastering the skills necessary for effective financial management and accounting functions in a competitive global economy. Students graduate with a solid foundation and are prepared to further their education or enter the workforce confidently.

Educational organisation

The Master's programme is basically divided into two parts:

First study period - foundation courses:
Advanced Financial Accounting, Advanced Managerial Accounting, International Corporate Finance, Data Analysis in an Accounting Context, Elective (one chosen from Business Process Management, Financial Risk Management, IT-Applications in Accounting, Macroeconomics for Accountants), Tutorials I + II
The foundation courses enable students to extend their knowledge acquired during their undergraduate studies and to develop further expertise in financial and managerial accounting and related subjects. In addition, a range of additional courses are provided in electives and tutorials.

Second study period - specialisation and Master's Thesis:
Special Issues of Financial Accounting, Special Issues of Management Accounting, Elective (one chosen from Financial Systems in Developing Economies, Institutional Economics/Governance, Managerial Economics, Business Simulation/Applied Management), Research Methodology Seminar, Master's Thesis
The specialisations build on the foundation courses to provide specialised skills to meet challenges in the chosen career sector. In addition to the completion of the specialisation modules, students should complete their degree during this study period by submitting the Master's thesis and defending it in an oral exam.

All core modules are organised as blocked courses. Each module (64 contact hours) will be provided in Vietnam by German professors within the time frame of nine days (four framing weekend days, each with 11 contact hours, five working days with four hours each in the evening).

Study abroad unit(s)

The Master in Financial and Managerial Accounting can be studied either at the Banking Academy of Vietnam in Hanoi or at Ho Chi Minh City Open University. In line with the developing cooperation between the Federal Republic of Germany and the Socialist Republic of Vietnam, the programme is offered jointly by the Berlin School of Economics and Law and the two Vietnamese universities.

Forms of assessment

Combined assessment in each course, one written part e.g. written exam or seminar paper, one oral part e.g. oral exam or presentation; to be chosen individually by the lecturer. Seven credit points are granted for all foundation and specialisation courses, six or seven credit points respectively are granted for the electives, five credit points are granted for the tutorials and the research methodology seminar, 25 credit points are granted for completion of the Master's thesis (including oral assessment).

Course objectives

The programme prepares students for positions as accounting and controlling specialists or executive managers in consulting or auditing firms or in international companies.
It is primarily designed for graduates from Vietnam who have completed a career-oriented first degree (BA or BSc) and would like to study for a postgraduate degree awarded by a renowned German university.

Language requirements

Applicants must provide proof of good English language skills equivalent to a TOEFL certificate of at least 64 points (Internet-based test) or 180 points (computer-based test), IELTS overall band score 5.5, or other equivalent certificates.

Academic requirements

• A first degree in business or economics (minimum of 180 credit points or a four-year Bachelor's degree)
• Applicants with a Bachelor's degree in social sciences, economics, and law may be admitted if they can demonstrate practical experience and a solid academic basis in accounting.
• Students with other foreign Bachelor's degrees may be admitted if they are entitled to study a Master's programme at the Vietnamese partner university and meet all other admission requirements.
• Evidence of having successfully completed undergraduate courses in financial accounting and/or managerial accounting
• Good English language skills equivalent to a TOEFL certificate of at least 64 points (iBT), 180 points (cbt), IELTS overall band score 5.5, or other equivalent certificates
• Letter of motivation with curriculum vitae in English
• One year of relevant professional experience, preferably in the context of one of the major subjects of the study programme
• Successfully passed application interview

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Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Program Title: Financial and Managerial Accounting
Institution: Berlin School of Economics and Law
Degree Level: Bachelor's
Mode of Study: Full-time
Duration: Typically 3 years (6 semesters)
Language of Instruction: English and German (depending on specific course requirements)

The programme in Financial and Managerial Accounting at the Berlin School of Economics and Law offers students a comprehensive understanding of accounting principles and practices essential for financial decision-making in various organizations. It prepares graduates for careers in accounting, auditing, financial consulting, and managerial positions within both the private and public sectors. The curriculum emphasizes both theoretical foundations and practical skills, including financial statement analysis, cost accounting, management control, and the application of accounting software.

Students enrolled in the program benefit from a mixture of lectures, case studies, internships, and project work, facilitating applied learning and an understanding of real-world financial issues. The program also provides opportunities for study abroad and double degree options, enhancing international competitiveness and cultural awareness.

The Berlin School of Economics and Law is committed to providing high-quality education, with a focus on practical relevance and employability. The program's financing options include tuition fee structures, scholarship opportunities, and student financial aid schemes. Tuition fees are set according to university policies and are payable per semester; exact current fees can be obtained from the university’s official site.

Various financial aid options, such as scholarships for outstanding students, are available and are usually awarded based on academic performance or financial need. The university also offers counseling regarding student loan schemes and part-time work opportunities to support students financially during their studies.

International students might qualify for specific scholarship programs aimed at promoting global diversity and academic excellence. Additionally, students are encouraged to seek external funding sources, including government grants or private scholarships, tailored to their country of origin.

The university's policies ensure transparency regarding tuition fees and financial support structures. Prospective students should review the official cost and aid information, and consider applying early to access the full range of financial assistance. Overall, the program is designed to be accessible to motivated students, with various financial support mechanisms in place to help reduce economic barriers to higher education.

Financial and Managerial Accounting at the Berlin School of Economics and Law is a comprehensive program designed to equip students with essential skills in financial analysis, reporting, and managerial decision-making. The curriculum emphasizes a solid foundation in accounting principles, including the preparation and interpretation of financial statements, cost accounting, and budgeting techniques. Students learn to analyze financial data to support strategic business decisions and enhance organizational performance. The program combines theoretical knowledge with practical application through case studies, group projects, and internships, enabling graduates to apply their skills effectively in various business contexts. Special attention is given to contemporary issues such as digital transformation in accounting, regulatory compliance, and sustainability reporting. The program aims to prepare students for careers in accounting, finance, consultancy, and corporate management sectors. It is taught by experienced faculty members with expertise in both academic research and industry practice, ensuring that students receive relevant and up-to-date knowledge. The program is suitable for individuals seeking to deepen their understanding of accounting processes or to pursue professional certifications in the field. Upon completion, graduates are well-positioned to take on roles such as financial analyst, internal auditor, management accountant, or financial controller. The program also offers opportunities for networking and professional development through partnerships with industry organizations and participation in national and international conferences. Students benefit from modern facilities, including dedicated accounting laboratories and access to advanced financial software tools. The workload involves coursework, exams, presentations, and a final thesis project, fostering analytical, problem-solving, and communication skills. Overall, the program aligns with the evolving demands of the global financial environment, preparing students for successful careers in both the public and private sectors.