Course Brief

Profit and loss accounts and balance sheets give insights into the financial strength of competitors but you have to know what you are looking for.

Many managers do not even know the financial position of their own organisation. To decide how much to charge for your products you have to know how much they cost, notoriously difficult to determine.

Effective decisions require an understanding of financial and management accounting techniques plus their strengths and weaknesses.


  • 50 - 60 Contact Hours

Topics Covered

  • An introduction to accounting and the accounting equation.
  • The profit and loss account.
  • The balance sheet.
  • The cash flow statement.
  • Framework for financial reporting.
  • Interpretation of financial statements.
  • Emerging issues and managerial options in reporting.
  • An introduction to cost and management accounting.
  • Cost characteristics and behaviour.
  • Allocating costs to jobs and processes.
  • Costs for decision making.
  • Budgeting.
  • Standard costing.
  • Accounting for divisions.
  • Investment decisions.
  • New developments in management accounting.
  • MBA with Specialism in Oil and Gas Management

     

                  

     

    It takes skill, determination and, of course, specialist knowledge.

    Our specialist MBAs give you just that depth of understanding.

    This programme encompasses the same seven core courses of the standard MBA, but, instead of the two elective courses, you take four specialist courses in oil and gas management.

    This new MBA specialism will provide you with the cutting edge management skills that are needed by every successful manager to today’s competitive world, plus a detailed knowledge and expertise that is specifically relevant to the oil and gas industry.

    The specialism is based on a pioneering work done by Edinburgh Business School developing the content in close association with industry practitioners, and it has been extensively market tested. The ‘students’ will be experienced managers, or those aspiring to work in public or private oil and gas producers, service providers and specialist engineering organisations.

    You work towards your MBA on a course-by-course basis. After completing three courses, you are eligible for a Postgraduate Certificate in Business Administration, and after six courses for a Postgraduate Diploma in Business Administration.

     

    ACCREDITATION

     

    WHY CHOOSE THE EDINBURGH BUSINESS SCHOOL (EBS) HERIOT-WATT MASTERS’ PROGRAMMES AT SBCS GLOBAL LEARNING INSTITUTE?

    There are two tuition intakes per year for all courses:

    • January - May
    • July - November

     

    EVENTS

     

    REGISTRATION PERIOD FOR THE JANUARY 2020 SEMESTER:

    • Saturday, November 16th , 2019 to Saturday, January 11th, 2020.

     

    MASTER'S PREMIUM INFORMATION SESSION:

    • Saturday, November 23rd, 2019

     

    SEMESTER STARTS:

    • January 12th, 2020

    For further information:

    EBS Prospectus

     

  • MSc. Financial Management

     

                  

     

    The MSc. in Financial Management is targeted at finance professionals and other professionals who want to develop a career in financial management, and who require a wide-ranging understanding of financial techniques and their application - but do not require high-level mathematical understanding of finance theories.

    The MSc. offers specialist study in the areas of corporate finance, investments and risk management. It will give students a relevant practical knowledge of finance that can be put into use straight away.

    Careers in finance depend upon a strong understanding of the foundations of finance, investment behaviour and the dynamic nature of finance, and the MSc. will provide a strong preparation for a career in a wide variety of positions within the finance profession.

    ACCA members can gain a fast-track entry through free-of-charge credit transfer and exemption when they matriculate for the MSc. in Financial Management or the MBA programme offered by Edinburgh Business School, Heriot-Watt University.

    Entitlement to credit transfer or exemption will be assessed on an individual basis. A maximum of four exemptions from the nine-module programme may be available.

     

    ACCREDITATION

     

    WHY CHOOSE THE EDINBURGH BUSINESS SCHOOL (EBS) HERIOT-WATT MASTERS’ PROGRAMMES AT SBCS GLOBAL LEARNING INSTITUTE?

    There are two tuition intakes per year for all courses: