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EducationMaster's and PhD degree programmesBusiness AdministrationManagement Accounting and Control
Header image Management Accounting and Control

Management Accounting and Control

How to support managers when they are pursuing the organizational strategy? Which information is useful to them, and how does this information affect the behaviour of employees?

MSc Management Accounting and Control (the new name of the current Organizational & Management Control) concentrates on enabling managers to achieve organizational goals. It involves studying the effectiveness and other implications of control practices. During this programme you will gain knowledge about accounting and financial management techniques. These techniques are used to provide (non-)financial information and to develop planning and control systems. You will also develop the skills needed to communicate the information in an effective manner. The techniques will be placed in a context of broader issues, such as strategy and culture, and special attention will be paid to changes in accounting systems. You will explore subjects like management accounting, financial management, management control and management of change. A combination of teaching and assessment methods is used. Every year, around 60 students follow the programme.

Important to know

As of September 1, 2019, the name of the Organizational & Management Control profile of the MSc Business Administration will change to Management Accounting and Control. With this name change, the goal is to provide you with a clearer understanding of what this master programme has to offer. The MSc BA Management Accounting and Control will enable you to connect the information needs of managers (i.e. Management Accounting) to state-of-the-art knowledge about human behaviour (i.e. Management Control). The new name highlights the accounting content of the programme, which is valued strongly by employers. Moreover, as the new name is more similar to that of comparable programmes, it will be easier for employers to recognise it. Therefore, the new name will add value to your diploma in the labour market. Please note that the content of the study programme will remain the same. This means that you will still be able to decide for yourself if you select financially-oriented electives, or choose a more general business orientation.

Facts & Figures
Degree
MSc in Business Administration
Course type
Master
Duration
12 months (60 ECTS)
Croho code
60644
Language of instruction
English
Start
February, September
Faculty
Economics and Business
Why study this programme in Groningen?

You become a financial expert who supports managers in their decision making and change processes. The programme offers you the opportunity to select courses from areas, such as HRM, IT, Marketing, and Healthcare, in such a way that they fit your career plans. Besides, it is an internationally accredited programme, ensuring a high quality education that meets both the AACSB and EQUIS standards, which only one percent of universities reach worldwide.

Programme

During the programme you follow four mandatory courses (5 EC each): 1 Management Accounting Change, 2 Management Accounting Techniques, 3 Financial Management for MA, 4 Research in Management Control You can choose three electives, from the fields of Business ethics, HRM, ICT, Healthcare, Marketing and Operations (5 EC each). Your master's thesis is based on, for example, a survey, an experiment, interviews, or a case study. The data collection can be combined with an internship.

CoursesCourse Catalog >
Elective(s) MSc BA MAC (15 EC) (15 EC)
Financial Management for MAC (5 EC)
Management Accounting Change (5 EC)
Management Accounting Techniques (5 EC)
Master's Thesis BA (20 EC)
Research & Skills for MSc BA (5 EC)
Research in Management Control (5 EC)

Curriculum

This programme offers you the chance to learn more about management accounting and financial management. Insights from these fields are used to provide (non-)financial information and to develop systems for planning and controlling organizational activities. The techniques and systems used to produce this information will be placed in the context of general management and related issues, such as strategy, and changes to these.

Programme options
Digital Business Focus Area (specialization)

Focus your MSc on Digital Business and gain specialised knowledge in the field. There are two steps to the Digital Business Focus Area-

1) complete two of eight chosen electives 2) write and round off an MSc thesis on a digital business topic

More information about this option

Energy Focus Area (specialization)

Focus your MSc on Energy and open up extra career opportunities. There are two steps to the Energy Focus Area-

1) complete two of four chosen electives 2) write and round off an MSc thesis on an energy topic

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 your next study year.

More information about this option

Study abroad

  • Study abroad is optional

All tracks facilitate but do not organize an international exchange.

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 one of the following - or closely related - fields: Business Administration, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management, Management 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

Admission requirements

Specific requirementsMore information
certified competences

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

grade list

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

language test

TOEFL internet based (IBT): 90, IELTS Academic: 6.5; for specific scores, see: https://www.rug.nl/feb/apply-msc

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 one of the following - or closely related - fields: Business Economics, Business Administration, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management, Management 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

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

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

As a graduate you are qualified for various types of jobs. You may find work in national and international companies, non-profit organizations or government institutions. Employers value Management Accounting and Control students because of their analytical and communicative skills, and their ability to combine an understanding of management accounting and control systems with knowledge of the business.

Because all our programmes are EQUIS and AACSB accredited, a standard which only one percent of universities reach worldwide, your degree will be highly valued on the labour market.

FEB Career Services
To support you in developing your career and strengthen your employability skills, our FEB Career Services empowers you to achieve lifelong success through various career services during your studies. Check: FEB Career Services

Job examples

  • Assistant manager/management trainee, project manager, eventually leading to general manager
  • Financial officer, management accountant or controller, eventually leading to financial manager
  • Junior consultant in the field of financial management, quality management or change processes, eventually leading to senior consultant
Research

Linking education to research and career preparation

Our education is strongly rooted in both organizational practice and academic research. This means that you will learn, not only how to apply particular performance measurement and decision-making techniques, but also how these techniques impact the behaviour of people in organizations. This focus on human behaviour in real-life organizational contexts also implies that your training will be based on the latest developments in the field of management control.

Moreover, by conducting both practically-oriented and research assignments, you will develop an analytical and critical mind as well as problem-solving capabilities, which are important qualities in any future career.

Your teachers will be researchers active in the field of management control. In collaboration with external partners, they conduct research projects on, for instance, risk management, leadership, health care and lean operations. Some examples are:

  • Martijn van der Steen investigates management control in the context of fighting missions of the Royal Dutch Air force
  • Sakshi Girdhar examines controls and practices in big auditing firms
  • Paula van Veen and Sandra Tillema study the impact of personality traits on the role of controllers in a banking organization
Apply nowBrochureEventsContact
Master's week - Faculty of Economics and BusinessNettelbosje 2More information

Contact

If you want to know more about the programme Management Accounting and Control, please contact:

Study associations

EBF

The Economics and Business Faculty association (EBF) is the faculty association for all students studying at the faculty of Economics and Business of the University of Groningen.
The EBF is your partner during your time in Groningen by organising events that support you with your studies and help you prepare for your future career.
https://www.ebfgroningen.nl/

Risk

Risk is the study association for the financially interested students at the Faculty of Economics and Business of the University of Groningen.
Risk has set itself the goal to close the gap between theory and practice in the areas of Finance, Accountancy and Controlling, Management Accounting and Control, and International Financial Management. Risk also organises activities to enhance the contacts between its members, the academic personnel and businesses.
https://www.riskgroningen.nl/
Read more
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.