What knowledge will I acquire with this Master's?
The purpose of the Master's degree is the knowledge of the different elements that make up the set of financial management and financial information itself: reading, interpretation, and analysis, thus covering two areas of interest, the economic-financial itinerary in the field of international financial management.
Is this degree official according to the regulations required by the European Higher Education Area?
Students who have possession of an official Spanish university degree or another issued by a higher education institution of the European Higher Education Area that empowers in the country issuing the degree for access to Master's degrees.
The Master's Degree in International Accounting and Financial Management at the Rey Juan Carlos University pursues the following objectives:
The training of professionals specialized in advanced studies in accounting and finance, with significant legal training in taxation and the rest of the legal system related to the company, nationally and internationally,
The preparation of managers trained to direct, manage, and collaborate in positions related to the following professional activities, both in national and international markets:
In companies: Economic-financial management, Administrative management (billing, purchases, sales and warehouse management, logistics, etc.), accounting and tax management, management control, etc.
In independent professional firms: accounting and tax advisor, systems and organization consulting, strategic consulting, foreign trade consulting.
In public administrations and the non-profit sector: inspection and tax administration, inspection in supervisory entities, management and administration of public entities of the central, autonomous and local administration, management and administration of non-profit and social economy entities.
CG01 - Provide sufficient knowledge to facilitate, after completing a specific training cycle in social science research, their incorporation into the development of multicultural research work and teams in the fiscal, legal, and economic-financial field.
CG02 - Increase professional qualification skills regarding the reading and interpretation of complex economic information and international regulations regarding taxation, accounting, law, provided by markets, companies, and national and multinational groups of companies, using both English as well as Spanish.
CG03 - Increase professional qualification skills regarding the adoption of complex decisions in situations of uncertainty, of an accounting or fiscal nature, development of strategic approaches in the medium and long term, management of different scenarios, and development of simulation models.
CG04 - Increase professional qualification skills regarding the selection of the use of scarce resources in a global world, ethical commitment, and corporate social responsibility in national and international business.
CG05 - Increase professional qualification skills regarding the preparation of justified fiscal, legal, economic, and financial reports, in which they are able to communicate their conclusions clearly, making original contributions, using new technologies to both specialized and non-specialized audiences.
CG06 - Know the relationship between the analysis and valuation of financial instruments with their accounting record; as well as the operating mechanisms of the primary and derivative financial instruments and their recognition in the company's accounting. It will analyze and synthesize the information from the financial markets for accounting purposes.
CE01 - Proficiency at an advanced level of national and international accounting regulations, with a detailed study of IAS, IFRS, and comparative study with FASB.
CE02 - Ability to know in-depth and analyze the international economic environment both at the macroeconomic and microeconomic levels.
CE03 - Ability to perform microeconomic analysis with the tools of international economic analysis.
CE04 - Ability to analyze and interpret the main indicators and international analysis techniques and the microeconomic environment
CE05 - Ability to adapt the accounting information of any company to international accounting regulations.
CE06 - Capacity for analysis, evaluation, and supervision of the different methods to eliminate international double taxation, as well as in the different existing agreements
CE07 - Ability to identify the different management control systems and their characteristics, taking into account the organizational structure of the economic unit
CE08 - Ability to apply the information that emerges from the different models of internal accounting information to the needs of the organization's management control
CE09 - Ability to select the degree of decentralization of each organizational unit according to the strategy to be developed
CE10 - Ability to advise based on the specific characteristics of an operation, the procedures, and payment instruments to be used. Mastery at an advanced level of current regulations in international contracting, solving problems specific raised in terms of payment conditions, delivery conditions, and arbitration
CE11 - Advanced level mastery of the different international payment methods, with the ability to identify risks in international transactions and propose solutions to specific problems derived from them
CE12 - Ability to analyze and assess the risks of the different documentary credits in international transactions, making decisions on the most appropriate conditions for specific cases raised
CE13 - Ability to solve conflicts and international problems in the field of competition, proposing concrete solutions in a justified manner applying the current regulations in European Competition Law
CE14 - Ability to plan and carry out the process leading to lower, defer or even eliminate tax burdens, complying with existing tax provisions
CE15 - Ability to classify, record, and value in accounting the different financial instruments in their corresponding categories
CE16 - Ability to understand and analyze the principles of corporate social responsibility management in national and international companies.
CE17 - Ability to develop and implement international business sustainability systems proposed by the Global Reporting Initiative (GRI)
CE18 - Ability to identify and evaluate the legal elements that order bankruptcy procedures that take place in a global business environment
CE19 - Ability to organize work in a company and capture the theoretical knowledge acquired
CE20 - Ability to search, find and organize bibliographic sources referring to a line of research that, at the student's choice, should focus on legislation and bibliographic sources in the international sphere
CE21 - Ability to clearly express the objectives, methodology followed, and conclusions on a research topic focused on the subjects of the training itinerary, framed in the international sphere
CE22 - Ability to interpret, understand and develop economic and legal texts in English
The requirements for access to the proposed degree are according to article 16, Royal Decree 1393/2007, modified by Royal Decree 861/2010, of July 2:
To access the official Master's degrees, it will be necessary to hold an official Spanish university degree or another issued by a higher education institution belonging to another State that is part of the European Higher Education Area that empowers there to access teachings of Master.
Likewise, graduates in accordance with educational systems outside the European Higher Education Area will be able to access without having their qualifications approved, after verification by the University that they accredit a level of training equivalent to the corresponding official Spanish university degrees and empower in the country issuing the degree for access to postgraduate education. Access by this means will not imply, in any case, the homologation of the previous degree that the interested party is in possession, nor its recognition for other purposes than that of taking the Master's degrees.
General access criteria:
The specific degrees that will facilitate access to the Master are the following:
Degree in Business Administration and Management
Degree in Accounting and Finance
Degree in law
Degree in Management and Public Administration
Degrees that are not included in the previous list are excluded.
Students from the Degree in Law must demonstrate that they have acquired skills in the accounting area through their professional career, providing documentation that proves it.
The conditions or special access tests:
In the event that the demand exceeds the places offered, an assessment of the curriculum will be made based on the following score:
Degree compatible with Master's studies: 10 points
10 hours of training in accounting, economics, and/or law areas: 0.5 points
3 months of experience in positions related to Accounting, economics, and/or Law: 1 point
Places will be awarded to the highest scores
The selection of applicants is made by the Head of the Master and will be through the presentation of a standardized curriculum with the specific profile required. For the selection, compatibility criteria of the studies with which it is accessed, academic record and professional experience will be met.
Offer of places: 30 places. If the minimum number of students foreseen is not reached in a course, the University may choose not to open the teaching group.
International economic environment
Taxation and international planning
Corporate Social Responsibility in national businesses and
English for international management
Management control systems in international markets
International trade: coverage of
risks and means of payment
European competition law
Master's final project