Groningen, Netherlands
DURATION
1 year
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
15 Oct 2025*
EARLIEST START DATE
01 Sep 2025
TUITION FEES
EUR 20,800 / per year **
STUDY FORMAT
On-Campus
* Dutch I EU/EEA and non-EU/EEA students
** for Non-EU|for EU/EEA EUR 2,530
Key Summary
Introduction
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?
The MSc Management Accounting and Control concentrates on enabling managers to achieve organizational goals. During this programme, you will gain knowledge about management accounting and financial management techniques. These techniques are used to provide (non-)financial information for decision-making 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, human behaviour 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. Therefore, the Management Accounting and Control programme will enable you to connect the information needs of managers to state-of-the-art knowledge about human behaviour.
Why study this programme in Groningen?
Unique features of the programme are its business orientation and its possibility to tailor the programme to your personal plans and interests. In fact, this is one of the few master programmes which places financial issues in a broader business context.
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 Financial Reporting, HRM, IT, Marketing, and Healthcare, in such a way that they fit your personal interests and career plans. Moreover, you will have ample opportunities to broaden your scope in a way that fits your personal interests and career plans, by selecting electives from a large set of business administration courses.
The programme has been internationally accredited by the AACSB and EQUIS, ensuring a high-quality education, which only 1% of universities reach worldwide.
Curriculum
Year 1
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 for decision-making and 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, human behaviour, and culture.
During the programme you follow four mandatory courses (5 EC each): 1) Management Accounting Techniques, 2) Management Accounting Change, 3) Financial Management for MAC, and 4) Research in Management Control.
You can choose three electives, from the field of Business administration, including electives in Financial Reporting, Business ethics, HRM, ICT, Healthcare, Marketing and Innovation (5 EC each). Your master's thesis is based on, for example, interviews, a case study, a survey, or an experiment. Many students combine their data collection with an internship.
Courses
- 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 MAC (20 EC)
- Research & Skills for MSc BA (5 EC)
- Research in Management Control (5 EC)
Programme options
- Double Degree Master Chinese Economy and Finance (Shanghai) (specialization)
- Sustainable Society Focus Area (specialization)
- Digital Business Focus Area (specialization)
- Energy Focus Area (specialization)
- Master Internship (specialization)
Study abroad
- Study abroad is optional
Management Accounting and Control facilitates but does not organise an international exchange.
Admissions
Gallery
Career Opportunities
Job prospects
As a graduate, you are qualified for various types of jobs, ranging from financial and general management positions to positions as a consultant or business advisor. Alumni of the programme work for national as well as international companies, and both for-profit and non-profit organizations, including government institutions.
Employers value Management Accounting and Control graduates because of their analytical and communicative skills, and their ability to combine an understanding of management accounting and control issues with knowledge of the business.
As a graduate, your degree will be highly valued in the labour market. The Faculty of Economics and Business is internationally accredited and belongs to the 1% of business schools around the world accredited by both EQUIS and AACSB.
FEB Career Services
When you become a student at the faculty, we want to support you in developing your career and strengthen your employability skills. You can count on a dedicated on-campus Career Services team offering you a wide range of courses, workshops, events and career-related support during your studies. Everything you need to enter the labour market.
Job examples
- Assistant manager/management trainee, project manager, eventually leading to general manager
- Management accountant or (business) controller, eventually leading to financial manager
- Junior consultant in the field of financial management, risk management, performance management or change management, eventually leading to senior consultant
Accreditations
Program Admission Requirements
Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.
Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.