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Master Accounting
Welcome

Prof. dr. Eddy Cardinaels
Master of Accounting Program director
e.cardinaels@uvt.nl
Why Accounting?

The secret syrup formula for Coca-ColaÂŽ was
created in 1886 by Dr. John S. Pemberton, a
pharmacist in Atlanta; Frank Robinson, the
bookkeeper, penned the famous trademark
symbol Coca-Cola and marketed the product.
Robinson, together with other business
partners founded the Georgia corporation
now known as the Coca-Cola Company.

Accountant
=
Business partner
Why Accounting?

Financial accounting choices and effects
Lending, banks, shareholders, government

Financial bonuses, performance evaluation
Systems to increase shareholder value!
A controller assists in many operational,
tactical, and strategic decisions.
Why accounting in Tilburg?
Tilburg: world class research reputation
1. London Business School
2. Tilburg University
3. INSEAD
Source: UTD Dallas, 2012, accounting journals

World class research facilities
Computerized library & databases  master thesis
Active Academic Staff  engaged in the public debate
Why accounting in Tilburg?

Prof. Dr. Jan Bouwens as Columnist
On CEO compensation, on the role of accountants,
Crisis and responsibility of bank managers

Dr. Stephan Hollander
Importance of conference calls for Stock market

Contemporaneous topics in teaching
Why accounting in Tilburg?
MCs Accounting program = TOP
• Top researchers and successful partners from Big4
• Academic reflection versus training for practice

Elsevier ranking
Accountancy ranked
number one in 2012
Course structure – New Program
Professional track (RA/RC)
Career focus: Register Accountant
RA =Dutch term for CPA or CA,
Focus: External Reporting, Auditing,
FINANCIAL accounting, Investments
Recommended elective = FSA
Professional track (RA/RC)
International career as controller
Dutch: Register Controller (RC)
Corporate Controller, Financial Manager, Accountant for firms,
Consulting Agencies, Banks, Governments etc…

Focus: Internal reporting & control
management accounting
Elective: Adv. Man. Accounting
CFA track (unique)

2. CFA track (unique)

Career as financial professional
equity or bond analyst, M&A specialist, pension
funds, banks, etc.  Investment banking

What is “Chartered Financial Analyst” (CFA) ?
■ A self-study curriculum with three levels of
examinations
■ Relevant education based on a practitioner-driven
global body of investment knowledge
■ Ethical and professional standards emphasized
■ Exam locations worldwide, incl. Amsterdam
CFA option in Accounting
CFA Program Candidate Body of Knowledge
(CBOK)™

We cover
70%
of CBOK
We offer you…
• Personal approach  Two Tracks
• Excellent education, Innovative teaching methods
• Top instructors (research/practice)
• Contacts with society (media, business)

• Development of skill sets
• Interactive teaching, discussion skills
• Presentation skills (class/thesis)
• Critical thinking, Hands on mentality

• Excellent career opportunities
Life after our MSc Accounting
Excellent opportunities for post-master education
Register Controller, Register Accountant, and plenty of others

Job opportunities: 80 to 90% accept offer before graduation
Master Accounting Instructors
Research Master Accounting
For top students:
-

Analytical skills, statistical skills , RBL

-

Economics of business and accounting

-

Critical thinking about corporate valuations
management accounting and role of accounting

Career Opportunities:
-

Prepare for PhD, Academic professorship

-

International Career at top company

-

Companies are looking for you (Big Data)

-

Personal approach and hands-on mentality
Visit us this evening at the Information Market

School of Economics and Management
Research Master Accounting
Placements:
In business (also RA):
•

•

Current PhDs: Five students

•
•

Folkert Botma:
Duff & Phelps Corp.

In science

Michal Matejka:
Associate Professor of
Accounting, Arizona State univ.
Valeri Nikolaev:
Associate Professor of
Accounting, Chicago Booth
School of Business
Edith Leung: Visiting scholar at
Chicago, now assistant professor
at Erasmus University, Rotterdam

Shuai Kou:
Philips Cooperation
•

•

Wieteke Numan:
Senior manager at De
Nederlandsche Bank
•

School of Economics and Management

17
University Teacher Degree
Teacher of Economics or Management & Organization

Content: Didactics, internships, practical research assignments
Duration: 1 year full-time study (60 ECTS)
Costs: The statutory rate (1906 euro) and one year extra scholarship
More information
www.tilburguniversity.edu/master/lerarenopleiding
A.A.M. Driessen a.a.m.driessen@tilburguniversity.edu

Or visit us this evening at the Information Market

University Teacher Degree

18
TiSEM Career Services
Guiding you in your career planning process
• Career Advice
• Career Workshop
• Internships
• TiSEM Career Mentor Program

Simone Hofland (K204)
Career Services Officer
13 466 4203

s.b.hoflandlokin@tilburguniversity.edu
www.tilburguniversity.edu/studentcareerservices
TiSEM Career Services

19
TiSEM Alumni Relations
Alumni are our most important ambassadors and our goal is
to continue to support our alumni to succeed in their
professional lives by providing opportunities to
- Expand Your Future
- Knowledge
- Skills
- Network
As a student, you can benefit from the experiences of the
thousands of alumni in the network
Pam Dupont
Alumni Officer
013 466 3603
alumni-tisem@tilburguniversity.edu
http://www.tilburguniversity.edu/alumni-tisem
TiSEM Alumni Relations

20
Questions?

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Master Accounting

  • 2. Welcome Prof. dr. Eddy Cardinaels Master of Accounting Program director e.cardinaels@uvt.nl
  • 3. Why Accounting? The secret syrup formula for Coca-ColaÂŽ was created in 1886 by Dr. John S. Pemberton, a pharmacist in Atlanta; Frank Robinson, the bookkeeper, penned the famous trademark symbol Coca-Cola and marketed the product. Robinson, together with other business partners founded the Georgia corporation now known as the Coca-Cola Company. Accountant = Business partner
  • 4. Why Accounting? Financial accounting choices and effects Lending, banks, shareholders, government Financial bonuses, performance evaluation Systems to increase shareholder value! A controller assists in many operational, tactical, and strategic decisions.
  • 5. Why accounting in Tilburg? Tilburg: world class research reputation 1. London Business School 2. Tilburg University 3. INSEAD Source: UTD Dallas, 2012, accounting journals World class research facilities Computerized library & databases  master thesis Active Academic Staff  engaged in the public debate
  • 6. Why accounting in Tilburg? Prof. Dr. Jan Bouwens as Columnist On CEO compensation, on the role of accountants, Crisis and responsibility of bank managers Dr. Stephan Hollander Importance of conference calls for Stock market Contemporaneous topics in teaching
  • 7. Why accounting in Tilburg? MCs Accounting program = TOP • Top researchers and successful partners from Big4 • Academic reflection versus training for practice Elsevier ranking Accountancy ranked number one in 2012
  • 9. Professional track (RA/RC) Career focus: Register Accountant RA =Dutch term for CPA or CA, Focus: External Reporting, Auditing, FINANCIAL accounting, Investments Recommended elective = FSA
  • 10. Professional track (RA/RC) International career as controller Dutch: Register Controller (RC) Corporate Controller, Financial Manager, Accountant for firms, Consulting Agencies, Banks, Governments etc… Focus: Internal reporting & control management accounting Elective: Adv. Man. Accounting
  • 11. CFA track (unique) 2. CFA track (unique) Career as financial professional equity or bond analyst, M&A specialist, pension funds, banks, etc.  Investment banking What is “Chartered Financial Analyst” (CFA) ? ■ A self-study curriculum with three levels of examinations ■ Relevant education based on a practitioner-driven global body of investment knowledge ■ Ethical and professional standards emphasized ■ Exam locations worldwide, incl. Amsterdam
  • 12. CFA option in Accounting CFA Program Candidate Body of Knowledge (CBOK)™ We cover 70% of CBOK
  • 13. We offer you… • Personal approach  Two Tracks • Excellent education, Innovative teaching methods • Top instructors (research/practice) • Contacts with society (media, business) • Development of skill sets • Interactive teaching, discussion skills • Presentation skills (class/thesis) • Critical thinking, Hands on mentality • Excellent career opportunities
  • 14. Life after our MSc Accounting Excellent opportunities for post-master education Register Controller, Register Accountant, and plenty of others Job opportunities: 80 to 90% accept offer before graduation
  • 16. Research Master Accounting For top students: - Analytical skills, statistical skills , RBL - Economics of business and accounting - Critical thinking about corporate valuations management accounting and role of accounting Career Opportunities: - Prepare for PhD, Academic professorship - International Career at top company - Companies are looking for you (Big Data) - Personal approach and hands-on mentality Visit us this evening at the Information Market School of Economics and Management
  • 17. Research Master Accounting Placements: In business (also RA): • • Current PhDs: Five students • • Folkert Botma: Duff & Phelps Corp. In science Michal Matejka: Associate Professor of Accounting, Arizona State univ. Valeri Nikolaev: Associate Professor of Accounting, Chicago Booth School of Business Edith Leung: Visiting scholar at Chicago, now assistant professor at Erasmus University, Rotterdam Shuai Kou: Philips Cooperation • • Wieteke Numan: Senior manager at De Nederlandsche Bank • School of Economics and Management 17
  • 18. University Teacher Degree Teacher of Economics or Management & Organization Content: Didactics, internships, practical research assignments Duration: 1 year full-time study (60 ECTS) Costs: The statutory rate (1906 euro) and one year extra scholarship More information www.tilburguniversity.edu/master/lerarenopleiding A.A.M. Driessen a.a.m.driessen@tilburguniversity.edu Or visit us this evening at the Information Market University Teacher Degree 18
  • 19. TiSEM Career Services Guiding you in your career planning process • Career Advice • Career Workshop • Internships • TiSEM Career Mentor Program Simone Hofland (K204) Career Services Officer 13 466 4203 s.b.hoflandlokin@tilburguniversity.edu www.tilburguniversity.edu/studentcareerservices TiSEM Career Services 19
  • 20. TiSEM Alumni Relations Alumni are our most important ambassadors and our goal is to continue to support our alumni to succeed in their professional lives by providing opportunities to - Expand Your Future - Knowledge - Skills - Network As a student, you can benefit from the experiences of the thousands of alumni in the network Pam Dupont Alumni Officer 013 466 3603 alumni-tisem@tilburguniversity.edu http://www.tilburguniversity.edu/alumni-tisem TiSEM Alumni Relations 20