Course Overview

Employer Cloud

Chartered Accountants Ireland Exemptions

This programme has been developed with reference to the Chartered Accountants Ireland (CAI) syllabus. Therefore, significant exemptions from the CAI examinations are available. Graduates of the MAcc are granted full exemption from CAI’s CAP2 examinations, provided that they have full exemption from CAI’s CAP1 examinations before taking the MAcc.

MAcc graduates’ success in recent professional examinations 

Our graduates consistently achieve very high places in the Final Admitting Examination of Chartered Accountants Ireland and in the final examination of the Irish Tax Institute (AITI). In the recent professional exams, our graduates Aisling Curtin and Sarah Finnegan obtained second and third place respectively in CAI’s Final Admitting Examination and Nora Cosgrove was placed second in the final examinations of the Irish Taxation Institute.

KPMG-led Analytics Summer School

The MAcc programme now includes summer school on “Audit and Accounting in the 21st Century: Data & Analytics, Artificial Intelligence and Related Technological Tools”.

kpmg  

 The class are pictured with Laurence May (KPMG Director) during the KPMG Summer School

KPMG Guest Speaker

 Mr. Damien Flanagan, Director R&D Incentives and Capital Allowances Practice KPMG delivering seminar to Masters of Accounting students “Research in Practice: The KPMG Innovation Monitor”.

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Applications and Selections

Applications are made online via the NUI Galway Postgraduate Applications System

Who Teaches this Course

The following staff from the Accountancy and Finance Discipline at NUI Galway are involved in teaching the MAcc program:

In addition, staff from the Discipline of Management and the Discipline of Business Information Systems each contribute a module to the program.

Visiting lecturers from the accounting profession, industry, and academia also contribute to the program. 

Requirements and Assessment

In each module there is a combination of continuous assessment and end-of-semester exam. Depending on the module, the continuous assessment typically consists of interim exam, student presentations, case studies, written reports, and structured debates. The end-of semester exams are held in December and April/May each year. 

In addition, students complete EITHER two summer schools (typically held in May/June each year) OR a dissertation (which involves ongoing work with a supervisor throughout the year and a final submission at the end of July).

Key Facts

Entry Requirements

The minimum entry requirement is a H2.1 honours degree (NFQ Level 8) in Business or Commerce, with a significant specialisation in Accounting. Students are required to have full (or nearly full) exemptions from the CAI’s CAP1 examinations before embarking on the MAcc programme.


Additional Requirements

Duration

1 year, full-time

Next start date

September 2022

A Level Grades ()

Average intake

35

QQI/FET FETAC Entry Routes

Closing Date

Offers are made on a rolling basis.

NFQ level

Mode of study

ECTS weighting

90

Award

CAO

Course code

1AY1

Course Outline

In addition to the Curriculum below students complete EITHER two summer schools OR a research dissertation. Recent and forthcoming summer schools include:

  • Management Control Systems and Innovation.
  • Audit and Accounting in the 21st Century: Data & Analytics, Artificial Intelligence and Related Technological Tools
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Further Education

Exemptions: Graduates of the MAcc are granted full exemption from CAI’s CAP2 examinations, provided they have full exemption from CAI’s CAP1 examination before taking the MAcc.

Why Choose This Course?

Career Opportunities

A wide range of career choices are open to graduates, in particular in the accounting and tax consultancy professions. Most participants on the programme are sponsored (and subsequently employed) by major accounting firms, such as KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young 

100% Employment

Chartered Accountants Ireland exemptions

This programme has been developed with reference to the Chartered Accountants Ireland (CAI) syllabus. Therefore, significant exemptions from the CAI examinations are available. Graduates of the MAcc are granted full exemption from CAI’s CAP2 examinations, provided that they have full exemption from CAI’s CAP1 examinations before taking the MAcc.

MAcc graduates success in recent professional examinations 

Our graduates consistently achieve very high places in the Final Admitting Examination of Chartered Accountants Ireland and in the final examination of the Irish Tax Institute (AITI). In the recent professional exams, our graduates Aisling Curtin and Sarah Finnegan obtained second and third place respectively in CAI’s Final Admitting Examination and Nora Cosgrove was placed second in the final examinations of the Irish Taxation Institute.

KPMG-led Analytics Summer School

NUI Galway collaborates with Big Four industry partner KPMG on the KPMG-led Analytics Summer School entitled “Audit and Accounting in the 21st Century: Data & Analytics, Artificial Intelligence and Related Technological Tools”.

The programme runs over the course of semester 2, from January to June where a series of guest speakers come into NUI Galway to talk to students about their experiences incorporating data analytics tools and techniques in industry and practice. Students must complete a reflective learning journal based on a critical analysis of these guest speakers and an individual essay submission. The final element of this course concludes with a six-day summer school programme in June – one day of student group presentations and five days where students gain practical experience in the application of data analytics tools and techniques, gain more insights from guest speakers working in practice and industry and undertake case studies using KPMG software tools. The Summer School uses KPMG tools which were developed to harness the power of technology and bring greater vigour, precision and meaningful insights to the increasing age of data.

Students have heard from a number of guest speakers throughout the programme including: Marie Joyce, CFO at National Toll Roads; Mathieu D'Aquin, Professor of Informatics at Insight Centre for Data Analytics; Joe Smyth, Vice-President of R&D AI Group at Genesys; Mark Gantly, Senior R&D Director Software Defined and Cloud Group at Hewlett Packard Enterprise; and Gearoid Hynes, Head of Product at Orreco.

The purpose of this course is to give participants a rich understanding of the use of software and cognitive technologies to analyse audit and accounting data. This programme gives students an opportunity to see how data and analytics are used in a practical setting, bringing meaning, life and understanding into accounting information, giving NUI Galway students a significant advantage when entering the professional accountancy working environment. The programme prepares students for leadership roles in the accounting profession and in business by equipping them with the necessary technical and analytical skills reflecting the growing importance of analytics for a successful career in audit and accounting.

Management of Organisational Performance Summer School 

The purpose of this summer school is to give participants a rich understanding of the complexities surrounding the operation of management accounting and control systems in firms that pursue innovation-based strategies. While management accounting and control systems have traditionally been conceived as tools for managers to carry out ex-post verifications to make sure that pre-set objectives (generally financial in nature) have been achieved, the challenge for innovative firms is to effectively use management accounting and control systems to manage the tension between the achievement of pre-established goals and the simultaneous fostering of creative innovation. The course reviews the key ongoing debates regarding the management of this tension and examines the extent to which and how management accounting and control systems are actually used in innovative firms. 

Who’s Suited to This Course

The MAcc programme could be for you if you hold (or expect to graduate shortly with) at least a 2.1 honours primary degree with a significant specialisation in accounting and expect to have full (or nearly full exemptions) from the CAP1 examinations of CAI. The majority of students on the program are sponsored by accounting firms who intended to employ them to train as chartered accountants upon graduation from the MAcc.

Learning Outcomes

 

Work Placement

Study Abroad

Related Student Organisations

Course Fees

Fees: EU

€10,110 p.a. 2022/23

Fees: Tuition

€9,970 p.a. 2022/23

Fees: Student levy

€140 p.a. 2022/23

Fees: Non EU

€17,240 p.a. 2021/22

*EU Fees are comprised of Tuition + Student Levy

Student Levy: €140 - payable by all students and is not covered by SUSI. Further detail here https://su.nuigalway.ie/

Find out More

Programme Director
Mr John Currie
E: john.currie@nuigalway.ie

Programme Administrator
Ms Melissa O’Hea
T: +353 91 492 308
E: accounting@nuigalway.ie

Quick Links

What our Employers Say

Marie

Marie Joyce |   Chief Financial Officer, NTR plc

The finance function is a key driver of analytics and plays a leadership role rather than a supporting role.
Colm

Colm Gorman |   Head of KPMG

Since its inception, KPMG has sponsored students on the Master of Accounting programme in NUI Galway. We are delighted with the results. In its graduates, KPMG looks for rounded individuals with well-developed thinking and interpersonal skills. We really notice these skills in those who have completed the Master of Accounting in NUI Galway. It is the combined focus on technical skills development and personal development that we believe prepares students well for a career in business

What our Students and Graduates Say

Sarah

Sarah Gavin |   Master of Accounting Scholar 2020-21

In completing the masters in accounting I can say that it successfully prepares you for the working world as a trainee accountant. The course has provided us with exemptions for the CAP 2 exams. As well as the academic modules, the course has given me the practical skills that is needed for completing the daily tasks in an accountant’s role. It has also provided us with excellent workshops to help us prepare for the FAE’s which I will have to sit to become a chartered accountant. The teaching staff at NUIG are incredibly supportive, they have also made themselves available to us if we have queries and questions about career paths and opportunities. We have also been given great opportunities to give our input into the structure of the course. Being awarded a scholarship from NUIG has enabled me to focus solely on my academics and achieve the best results possible in my exams without financial worry.
Ellen

Ellen Grant |   Master of Accounting Scholar 2020-21

I would absolutely recommend studying the Master of Accounting programme at NUI Galway. The programme is based on the CAP2 syllabus and provides a wide range of exemptions. The coursework is very much aligned to equip students with the skills they will need for their future careers with a specific emphasis on group work and an entire module dedicated to practical skills in Semester 2. This year has been a completely different experience due to the move to virtual learning. However, the lecturers and coordinators have done absolutely everything to facilitate a seamless transition. The teaching staff have been nothing but supportive and have created an open and safe environment for student contributions and feedback. The small class size also means there is a real opportunity to get to know almost everyone, which is something you don’t necessarily get with every course. Finally, it must be said that Galway city is an amazing location to study from. The weather may be unpredictable at times however, it more than makes up for it on the good days.
Emma

Emma Cummins |   Master of Accouting Scholar 2020-21

On completing a level eight Bachelors of Commerce (Accounting) degree in NUIG, I decided to apply for a place in the Master of Accounting programme. Upon securing a place, I applied for a scholarship having met the eligible criteria of achieving a H1. The scholarship process was straightforward which involved filling out a form and writing a short personal statement. The scholarship helped partly finance my studies. The masters cover a range of modules including tax, audit, financial reporting and finance. On completing the masters CAP2 exemptions will apply. The skills for accounting module provide an insight on case studies in the FAEs which will be beneficial in the near future.
Hanhui

Hanhui Wang |   Senior Auditor in Banking Sector

Courses arranged in this programme are essential and helpful for my future career in accountancy. I like that this study year is a challenge for me. I believe the year will help me develop my professional knowledge and skills and will greatly improve my job prospects. All staff teaching on this programme have excellent professional knowledge and teaching skills. They are nice, enthusiastic and helpful to me. I enjoy being here and am having a really good time in Galway. I regard Galway as my second hometown.
Zhang

Zhang Xiaolin |   M.Acc graduate 2016

The subjects in this Master of Accounting programme are very appropriate for your future career. You get to develop and practice your presentation and research skills through various assignments. From the programme, you will not only acquire knowledge but you will also develop an ability to solve real world problems. There is a good mix of international and national students in the class. The group work on various courses allowed me to experience working on problems with students from different cultural backgrounds. Staff are all very professional and friendly. The staff know that as an international student you live far away from your family and friends and they try to help and encourage you.
Alphonsa

Alphonsa Cherukodath |   M.Acc graduate 2016

This programme has helped me to gain practical knowledge through problem solving in the various accounting and finance modules. It has made me more professionally competent as a result of the presentations, case study analysis and debates that are all part of the programme. The teaching faculty of the programme are very professional and all have industry experience which helps me to understand the topics more easily. Galway is a diversified city with very good infrastructural facilities and people are very friendly. The weather in the city was a completely new experience, but I have adjusted!"
Ciarán

Ciarán O’Donnell |   Associate, Ernst & Young

“I would certainly recommend studying the Master of Accounting degree at NUI Galway. My experience and time at Galway was without a doubt a positive and very enjoyable one. The facilities at the J.E Cairnes Business School are top class and are entirely conducive to an effective study environment. The programme lecturers are very much approachable, friendly, and hardworking. Furthermore the course offers a great platform for developing those skills necessary in progressing in the workplace and also with the professional exams. Lastly it needs to be mentioned that Galway City itself is a fantastic location to study in and the contacts you develop during the program are, in my opinion, invaluable.”

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Recognised By:

Chartered-Accountants-IrelandR

Irish Accountancy Awards 2019

Finalist of Irish Accountancy Awards 2019Irish Accountancy Awards 2019

Downloads

  • Business Postgraduate Programmes 2022 - 2023

    Business Postgraduate Programmes 2022 - 2023 PDF (4.7 MB)

  • Business Undergraduate Programmes 2020

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  • Postgraduate Taught Prospectus 2022

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  • Professional Accounting Body Exemptions

    Professional Accounting Body Exemptions PDF (8 KB)