Master Program Accounting and Control



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Master Program and The Master program & concentrates on the variety of questions facing (non) financial information. The program focuses on preparing, controlling, auditing, and analyzing financial information. We do so by offering knowledge and insights into international financial information processes, regulation, theory and practical applications. The department s instructors draw on their own practical experiences, academic research in which they are involved, recently published literature and current practical developments in the field of accounting, controlling and financial management. The & program deals with financial and non-financial information both internally and externally in an international environment. & students specialize in, ling or. General route Block 1 Sept-Oct Theory Information Systems (RA/RC) or Corporate Finance A (FM) Block 2 Nov-Dec Analysis & Block 3 Feb-Mar (Sept- Aug) Block 4 April-May * * T H E S I S *Every route has its own obligatory Master Program Elective

Three tracks within the Master Program & track Students who specialize in are trained to prepare, audit and present financial company information to external stakeholders. Most of the students find jobs at the Big Four audit and accounting companies or in large multinational firms. Moreover students in accounting have a strong background in financial information systems and international reporting standards. Many of the students enroll in the Post Initial Master Accountancy to become a registered auditor (RA). Master Program &, track 2004-200 Block 1 Block 2 Block 3 Block 4 Theory cc1, ects Information Systems cc1, ects Analysis cc2, ects & cc2, ects FSB/FMC 1 ( Process Design and Redesign) Auditing theory Investor relations & communication Topics in 2 mpe, 10 ects Bold: minimum requirements to finish the master program &, track, Theory, Information Systems, Analysis, &, Topics in International, one Master elective and master thesis. 1 & 2 Master program elective mpe = master program elective, me = master elective, cc1 and cc2 = core course 1 and core course 2 More information? Please contact: Program coordinator &, Drs. B. van den Brand (bbrand@fbk.eur.nl) See for more information the Post Initial Master Accountancy section.

ling track Students who specialize in ling are trained to control and analyze financial information and non-financial information in order to support management and CFO. The controller is an important team player in the management team. Most of the students find jobs in multinational firms or in management consulting firms. Moreover students in controlling have a strong background in financial information systems, controlling and international aspects of controlling. The Master Program of the students enrolls in the Post Initial Master ling or in the International Post Initial Master ling to acquire a title such as registered controller (RC) Master Program &, ling track 2004 200 Block 1 Block 2 Block 3 Block 4 Theory cc1, ects Information Systems cc1, ects Analysis cc2, ects & cc2, ects FSB/FMC 1 ( Process Design and Redesign) Auditing theory Investor relations & communication International controlling 2 mpe, 10 ects Bold: minimum requirements to finish the master program &, ling track, Theory, Information Systems, Analysis, &, International ling, one Master elective and a master thesis. 1 & 2 Master program elective mpe = master program elective, me = master elective, cc1 and cc2 = core course 1 and core course 2 More information? Please contact: Program coordinator &, Drs. B. van den Brand (bbrand@fbk.eur.nl) See for more information the Post Initial Master ling section.

management track The financial manager route is designed to the role of Chief Officer (CFO) or Chief Investment Officer (CIO). Students who specialize in are trained to analyze financial issues in companies. The financial manager is an important team player in the management team, his prime responsibility being analyzing both finance and accounting information. In business life the CFO is held responsible for accounting, control and treasury. The curriculum is a mix of courses from & and Finance & Investments Master Program &, track 2004-200 Block 1 Block 2 Block 3 Block 4 Theory cc1, ects Corporate Finance A cc1, ects Analysis cc2, ects & cc2, ects Investor relations & communication* mpe, 10 ects International controlling Topics in Bold: minimum requirements to finish the master program &, track, Theory, Corporate Finance, Analysis, &, Investor relations & communication, one Master elective and a Master thesis. *Master program elective mpe = master program elective, me = master elective, cc1 and cc2 = core course 1 and core course 2 More information? Please contact: Program coordinator &, Drs. B. van den Brand (bbrand@fbk.eur.nl)

Post Initial Master Accountancy and ling Most of the Dutch Universities offer Post Initial Master Programs in Accountancy and ling. The discussion on below refers to EURAC, unless otherwise stated. In all situations we suggest that students have finished their bachelor and master program offered by the Rotterdam School of (FBK/IBA). Post Initial Master ling The EUR offers a Post Initial Master ling. The courses are taught in Dutch. For more international oriented students UniMaas and UvA offers the Post Initial Master International ling. Entrance criteria (for EURAC) - Two years of relevant experience - - Bachelor elective: Introduction to taxation (Belastingrecht) - - Master program and - CC1 + CC2 + International ling - Master elective: FSB ( Process Design and Redesign) Post Initial Master Accountancy The EUR offers a Post Initial Master Accountancy. The courses are taught in Dutch. The Post Initial Master consists of two parts; the theoretical part (two years) and the audit-practice part (three years). To start with the theoretical part, students must fulfill only the Master Criteria. The audit-practice (praktijkopleiding) could start when ACI-2 (see Entrance Criteria) has been finished. Entrance Criteria, students started at September 2004: Master criteria: - Master program and - CC1 + CC2 - Master Elective: FSB/FMC ( Process Design and Redesign) - Master Elective: Auditing Theory - Master Elective: Topics in (dispensation for Werkcollege required at EURAC) - Master thesis preferable in the field of financial reporting/accounting, containing a practical/empirical part to fulfill the requirements of Business Process Design/Ontwerp, to writing a thesis (referaat) for the Post Initial Master.

Bachelorcriteria (first two not necessary to enter the Post Initial Master Accountancy, but necessary to finish) - Bachelor elective: Calculations (Financiële rekenkunde) - Bachelor elective: Introduction to taxation (Belastingrecht) - Bachelor elective: FIS (Voortgezetboekhouden) Additional EURAC requirements Compared to the Post Initial Master Accountancy of UvA (Amsterdam) and UvT (Tilburg), EURAC requires some additional courses (not sponsored, organized, recognized and taught by FBK/RSM). These courses can be done during the first year of Post Initial Master Accountancy. - ACI 2 (Boekhouden, FIS II, previous ACI2a en 2b). - Fiscaal Concernrecht - Fiscaal Ondernemerschap To start with the Post Initial Master Accountancy minimum requirements are CC1 + CC2, Master elective: FSB ( Process Design and Redesign), Auditing Theory, Topics in International and the Master thesis. track, advised route Block 1 Block 2 Block 3 Block 4 Topics in Statement Theory Analysis 10 Information Systems & process design and redesign (FSB/FMC)10 Auditing Theory 10 (Week 2-11) Voortgezet Boekhouden I (bachelor elective) T H E S I S

Finally Bachelor electives: (all taught in Dutch) The courses Voortgezet Boekhouden I and II (English name: Information Systems / Bookkeeping) will be offered from 2004-200. The course Belastingrecht (English name: Introduction to Taxation) will be offered. The course Financiële rekenkunde (English name Calculations) will not be offered as a Bachelor Elective in 2004-200. Students who did not pass Financiële rekenkunde (English name Calculations) have to follow the course Voortgezet Boekhouden I (English name Information Systems / Bookkeeping), also advised route of the Track. Bachelor electives: changes Bachelor electives 2003 2004 Bachelor electives Financiële rekenkunde Belastingrecht Bachelor electives 2004-200 Belastingrecht Voortgezet boekhouden I Voortgezet Boekhouden II Master program and changes & Theory (previous published letter) This announcement is ONLY relevant for those students who did " " last year (all others may ignore this announcement!!) One of the most frequently asked questions is: Is Theory a substitute for? Answer: NO! As you noticed the content and organization of the two courses are completely different. The general rule is that students who registered for the Master in & before January, 1st 2004 (Major ) are required to pass the " " exam for their Master's

Degree. For these students an extra re-exam will be organised. In addition, we plan to organize one or two sessions " " during which you can ask questions in relationship to the preparation for the exam. All dates will be communicated via SIN. There is one important exception to the general rule: Students who failed for 3 or 4 of the courses of CC1 and CC2, are considered "newly registered students". These students have to take " Theory". Finally, students who enrolled in the program during Master Elective 1 or Master Elective 2 in 2004 have to take the course " Theory". Auditing Theory & Fiscaal ondernemerschap This announcement is ONLY relevant for those students who did "Auditing Theory & Fiscaal ondernemerschap" last year and did not pass their exam (all others may ignore this announcement!!) Due to changes in the Master program of FEW, this may be relevant for you. Failed for Auditing Theory ects, and or Fiscaal ondernemerschap, ects (Master elective 1 & 2) could be replaced by: - Topics in (2004 200) 10 ects - Or Auditing Theory (2004 200) 10 ects. Information Systems, Corporate Finance A, Analysis, &, Investor Relations & Communication and International ling Students who did not pass the exam on one of these courses have to participate actively in one or more of these courses completely, including cases/papers/assignments (no dispensation for cases/papers/assignments of last year). FMC/FSB Students who did not pass FSB in 2003-2004, should contact dr. K Achterberg.