Learn how to help organisations compete more successfully through better strategy and financial management, in the UK or internationally. This course has a real-world focus and your studies benefit from strong links to professional bodies such as the ACCA, CIMA and ACT.
We designed this course for the personal and professional development of graduates who want to work in accounting, strategy, finance and management fields.
It is also suitable for other professionals wishing to fill the role of financial management in a private or government organisation.
Strategic financial management integrates the financial management function into business strategy and every other part of an organisations operation.
Applying strategic financial management knowledge and skills improves an organisations effectiveness and efficiency. In today’s highly competitive business environment, both private and government organisations are increasingly putting more emphasis in this area to achieve their objectives.
The course emphasises business awareness, proactive and logical thinking, research and critical analysis to help managers make sound strategic financial decisions on a global scale.
A distinctive course feature is its focus on present-day national and global developments in business strategy, management, accounting and finance.
By studying updated literature, worldwide events, case studies and companies’ financial accounts, you learn how real organisations operate and the strategies and decisions they implement.
You complete in-depth research into various industries when producing presentations, coursework, assessments and dissertations. This real world focus provides immediate value to your present or potential employers.
Helping an organisation compete more successfully through better strategy and financial management can be a rewarding career, in the UK or internationally.
The team delivering the course has strong links with the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA) and Association of Corporate Treasurers (ACT).
CIMA fast track route
International students who are CIMA passed finalists or qualified accountants can convert their CIMA qualifications to a UK masters on our MSc Financial Management – CIMA Fast Track Route.
Successfully completing the international treasury management module gives you an additional professional qualification awarded by the Association of Corporate Treasurers (ACT).
2017 entry requirements
You normally need one of the following in a relevant subject
• a good honours degree
• a recognised postgraduate qualification
• an equivalent recognised professional qualification
Relevant subjects include • accounting • banking • business management • business administration • economics • finance • financial services • global trade/business
If you don’t have such academic qualifications we may consider your application individually, based on your personal, professional and work experience and other formal qualifications. You may also be able to claim credit points which can reduce the amount of time it takes to complete your qualification at Sheffield Hallam. Find out more
Overseas applicants from countries whose first language is not English must normally produce evidence of competence in English. An IELTS score of 6.0 with 5.5 in all skills (or equivalent) is the standard for non-native speakers of English. If your English language skill is currently below an IELTS score of 6.0 with a minimum of 5.5 in all skills we recommend you consider a Sheffield Hallam University Pre-sessional English course which will enable you to achieve an equivalent English qualification.
If you do not meet the above criteria you can apply for the Graduate Diploma in Business and English. After passing this diploma we automatically offer you a place on one of our business-related masters degrees.
International and European entry qualifications
If you are an International or non-UK European student, you can find out more about the country specific qualifications we accept on our international qualifications page.
September start – typically 12 months
January start – typically 15 months but it can be completed in 12 months
Typical modules may include
|Semester one – postgraduate certificate||
Methods of enquiry
Financial risk management
|Semester two – postgraduate diploma||
Corporate governance and ethics
Strategic management accounting for performance enhancement
* Successfully completing the international treasury management module gives you an additional professional qualification awarded by the Association of Corporate Treasurers (ACT). If you choose this module there is an ACT registration fee in addition to your course fees, which you are invoiced separately for.
The options available are subject to demand.
|Semester three - MSc||
Organisations can only sustain and develop their competitiveness by acquiring and effectively using resources.
Successfully completing this course, equips you with financial management knowledge and skills sought by organisations worldwide.
The range of career opportunities includes • finance manager • financial controller • business strategist • financial analyst • strategic accountant • consultant • strategy or financial journalist • researcher • educator.
Home / EU student
Please note tuition fees may increase in each subsequent academic year of your course, subject to government regulations on fee increases and in line with inflation. More information can be found in the ‘Tuition Fee Increases’ section of our Fees Regulations (PDF, 2.10 MB)
2016/17 academic year
Typically £6,300 for the course including CIMA professional membership and exam fee
Postgraduate loans of up to £10,000 are available across the majority of subject areas.
2017/18 academic year
Typically £6,400 for the course including CIMA professional membership and exam fee
2016/17 academic year
Typically £12,800 for the course, plus an additional fee of £600 if you choose to study the optional module international treasury management
2017/18 academic year
Typically £13,250 for the course
Additional course costs
This link allows you to view estimated costs associated with the main activities on specific courses. These are estimates and, as such, are only an indication of additional course costs. Actual costs can vary greatly depending on the choices you make during your course.
Any offer of a place to study is subject to your acceptance of the University’s Terms and Conditions and student Regulations.