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EducationMaster's and PhD degree programmesAccountancy and Controlling
Header image Accountancy and Controlling

Accountancy and Controlling

How can you help managers to prepare their company for the future? And how do you assure that information is useful and reliable?

The MSc Accountancy & Controlling emphasizes the importance of high-quality information. In today's world, such information is crucial for all kinds of decisions. For instance, shareholders have to decide whether to continue their investment in particular companies, tax authorities must determine the amount of taxes to be paid by different organizations, and managers need to assess whether the strategy followed by their company is successful. These and other decisions have major implications for individuals, organizations and society as a whole. Therefore, they require relevant, reliable and timely information. In the MSc Accountancy & Controlling, you will learn how to design information systems which produce such information. In addition, you will learn to assess the quality of information and of information systems. Special attention will be paid to the implications of sustainability issues for information systems, opportunities and threats due to innovations in information technology, and ways to detect fraud. Many graduates of the MSc Accountancy & Controlling further specialise by following an executive master programme.

Facts & Figures
Degree
MSc in Accountancy and Controlling
Course type
Master
Duration
12 months (60 ECTS)
Croho code
60643
Language of instruction
English
Start
February, September
Faculty
Economics and Business
AACSB accreditedAccreditation EQUIS
Why study this programme in Groningen?

The programme prepares you for a role as an accountant or controller in a dynamic world which faces major developments in IT and increasingly emphasises sustainability issues. This is an internationally accredited programme, providing high-quality teaching that meets both AACSB and EQUIS standards, which only one percent of universities worldwide achieve.

Groningen is the only place in the Netherlands where you can gain a second Master's degree in Accountancy, the Executive Master of Accountancy (EMA). ► https://www.rug.nl/feb/ema

Programme

The programme has two profiles to choose from: Accountancy (with a focus on the information needs of external stakeholders, such as shareholders) and Controlling (with a focus on the needs of managers and other internal stakeholders).

The two profiles share two courses (10 EC in total) on Accounting Information Systems and one course on Strategy (5 EC). In addition, Accountancy students specialise in Auditing (10 EC) and Financial Accounting (10 EC). Controlling students specialise in Management Accounting and Control (15 EC) and Financial Management (5 EC). Both profiles are rounded off with a thesis (20 EC), for which students prepare themselves in a course on research methods (5 EC). The data collection for the thesis can be combined with an internship.

Periods
CoursesCourse Catalog >12
Accountancy: Advanced Accounting Information Systems (5 EC)
Accountancy: Auditing Theory (5 EC)
Accountancy: Financial Accounting Theory (5 EC)
Accountancy: IT in Control (5 EC)
Accountancy: Research in Accounting and Control (5 EC)
Accountancy: Strategic & Organizational Design (5 EC)
Controlling: Advanced Accounting Information Systems (5 EC)
Controlling: Management Accounting Techniques (5 EC)
Controlling: Research in Accounting and Control (5 EC)
Controlling: Strategic & Organizational Design (5 EC)
Controlling: Value-Based Management (5 EC)
ControllingManagement Accounting Change (5 EC)
Accountancy: Auditing Research (5 EC)
Accountancy: International Financial Accounting (5 EC)
Accountancy: Master's Thesis Accountancy (20 EC)
Controlling: IT in Control (5 EC)
Controlling: Master's Thesis A&C (20 EC)
Controlling: Research in Management Control (5 EC)
Programme options
Double Degree Master China and the World Economy (specialization)

2 year Double Degree programme in Groningen and Fudan University Shanghai

More information about this option

Master Internship (specialization)

Opportunity for an internship between February and June. You will be rewarded 15 ECTS on top of your programme. Your thesis will be postponed to the first semester of next study year.

More information about this option

Study abroad

  • Study abroad is unaccommodated
Entry requirements

Admission requirements

Specific requirementsMore information
previous education

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in the field of Business Economics or Business Administration with a specialisation in Accountancy & Controlling; the contents of the programme has to meet specific requirements.

To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained. For more information, see: https://www.rug.nl/feb/apply-msc

If you have any questions concerning admission, please contact our Admissions Office: https://www.rug.nl/admissions or send an email to admission@rug.nl.

other admission requirements

Not meeting the pre-education requirements for direct entry? Please read more about our Pre-MSc programmes: https://www.rug.nl/feb/premaster

Transfer options

Study programmeOrganizationTransition
All Universities of applied sciences

Via a pre-master

More information:

Other HBO programmes

Deficiency programme More information:

  • Pre-MSc in A&C for HBO other programmes
AccountancyAll Universities of applied sciences

Deficiency program

More information:

Deficiency programme

More information:

  • HBO Accountancy with a pass mark on the Overall Test, upon completion of the Pre-MSc in A&C for HBO-AC
  • HBO Accountancy without a pass mark on the Overall Test, upon completion of the Pre-MSc in A&C for HBO-BE
Finance and ControlAll Universities of applied sciences

Deficiency program

More information:

Deficiency programme

More information:

  • HBO Bedrijfseconomie, upon completion of the Pre-MSc in A&C for HBO-BE
Study programmeOrganizationTransition
International BusinessUniversity of Groningen

Additional requirements

More information:

Deficiency programme

More information: Contact study advisor

Business AdministrationUniversity of Groningen

No additional requirements

More information:

Profile Accountancy & Controlling

Business AdministrationUniversity of Groningen

Additional requirements

More information:

Profiles Business and Management and Technology Management.

  • Deficiency programme

More information: Contact study advisor

Economics and Business EconomicsUniversity of Groningen

Additional requirements

More information:

Deficiency programme

More information: Contact study advisor

Admission requirements

Specific requirementsMore information
certified competences

GMAT/GRE; for specific scores (and exemptions), see https://www.rug.nl/feb/gmat-gre

grade average

A certified grade list(s) is considered in the evaluation.

previous education

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in the field of Business Economics or Business Administration with a specialisation in Accountancy & Controlling; the contents of the programme has to meet specific requirements; for instance, it needs to include courses in Auditing and Accounting information systems (or Internal Control).

To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained. For more information, see: https://www.rug.nl/feb/apply-msc

If you have any questions concerning admission, please contact our Admissions Office: https://www.rug.nl/admissions or send an email to admission@rug.nl.

other admission requirements

Not meeting the pre-education requirements for direct entry? Please read more about our Pre-MSc programmes: www.rug.nl/feb/premaster

Language requirements

ExamMinimum score
C1 Advanced (formerly CAE)C1
C2 Proficiency (formerly CPE)C2
IELTS overall band6.5
IELTS writing6.5
IELTS speaking6
TOEFL paper based580
TOEFL computer based237
TOEFL internet based90

Registration procedure

Students have to apply via Studielink and the Online Application System (OAS) of the University of Groningen. You need to apply for the programme of your choice in order to for the Admissions Office to evaluate your educational background and assess your eligibility. Your application will be assessed on an individual basis.

Application deadlines

Type of studentDeadlineStart course
Dutch students15 October 201901 February 2020
01 June 202001 September 2020
15 October 202001 February 2021
EU/EEA students15 October 201901 February 2020
01 May 202001 September 2020
15 October 202001 February 2021
non-EU/EEA students15 October 201901 February 2020
01 May 202001 September 2020
15 October 202001 February 2021
Tuition fees
NationalityYearFeeProgramme form
EU/EEA2019-2020€ 2083full-time
non-EU/EEA2019-2020€ 14650full-time

Practical information for:

After your studies

Job prospects

Your Master's programme is a good basis for many positions in both the private and the public sector, including the positions of auditor and controller (or management accountant). While working, you can specialize further by following an executive master programme.

Many auditors start their career at one of the Big Four auditing firms: KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young. Companies have their annual accounts audited by this kind of firms. Auditors examine the overall organisation of the company. They get a picture of its internal controls, look at its accounting information systems and test the reliability of these systems by conducting random sample checks and data analyses. Controllers are employed by companies themselves. Their tasks include preparing the annual accounts and other reports. They are also one of the people the auditor talks to when assessing the information systems of companies. In addition, controllers are responsible for preparing budgets, making cost price calculations, assessing investment proposals and designing performance measurement systems. Strategic decision-making, IT solutions and risk management are also examples of subjects a controller deals with.

For more information about your job prospects as a graduate, please check FEB Career Services.

If you finish the Accountancy profile, you can combine your job with following the Executive Master programme of Accountancy (EMA). This programme lasts one and a half years and is combined with a three-year practical internship. On completion, you will be entitled to use the title Executive Master and the Dutch qualification of 'registeraccountant'. If you finished the Controlling profile, you can choose to follow the Executive Master programme of Finance and Control (EMFC). This programme lasts two years. On completion, you will be entitled to use the title Executive Master in Finance & Control and the Dutch equivalent 'registercontroller'.

For more information about these executive master programmes: Executive masters

Job examples

  • Financial manager
  • Consultant in the domain of financial management / information systems
  • Auditor
  • Controller
Research

Linking education to research and career preparation

The master Accountancy & Controlling focuses on both practically-oriented and academic research. On the one hand, you will become familiar with the outcomes of research in the fields of audit quality, management control, internal control, IT, financial reporting and corporate governance. On the other hand, you will perform practically-oriented assignments as well as research assignments yourself, which will help you to develop your academic skills.

The team of lecturers is a mix of practitioners and active researchers. Their research projects – often in collaboration with external parties – are focusing on: integrated reporting, voluntary disclosure, Corporate Social Responsibility, risk management, the role of controllers, board composition and more.

Some examples are:

  • Yasemin Karaibrahimoglu, Vlad Porumb and Dick de Waard investigate the impact of long-form auditor’s reports on investors and lenders
  • Martijn van der Steen investigates management control in the context of fighting missions of the Royal Dutch Air force
  • Nancy Kamp-Roelands and Dick de Waard investigate the possibilities of integrated reporting in SMEs
  • Reggy Hooghiemstra, Dennis Veltrop and Floor Rink study the effects of multiple team membership on audit quality


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Master's week - Faculty of Economics and BusinessNettelbosje 2More information

Contact

If you want to know more about the programme Accountancy and Controlling, please contact:

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  • 
						Testimonial of Toine Schouteten

    Wherever you are, there is always a need for people to check if things add up

    – Toine Schouteten
    Read more

    “In order to understand the significant added value that the MSc in A&C offers, I always rely on examples that don't appear at first to relate directly to my studies. I've undertaken a number of extra-curricular activities during my time in Groningen and it has proved very valuable for me to be educated at the academic intersection of finance, auditing and internal control. Whether it was in a political position, during my internship in Kenya or now that I am writing my thesis on the subject of governing the global diamond and diamond jewellery value chain, there is and always will be a demand for people who can understand financial and non-financial information and explain to others why something should or should not be done. In the words of a Dutch ambassador I once spoke to, 'Wherever you are, there is always a need for people to check if things add up'. If you are looking for a sound academic base for doing this, I would encourage you to apply for the MSc in Accountancy & Controlling.”

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Study support

Studying means working independently and planning your studies yourself. But successful studying depends on many different factors, so it is understandable that you may need to consult an impartial expert to discuss your study progress and personal circumstances that influence your studies. The faculty's study advisors are available to help you. Obviously, everything discussed with the study advisor remains confidential.