The Master of Science in Accounting & Finance at the University of Peradeniya is a two-year, research-driven postgraduate degree conducted over four semesters, designed for professionals seeking advanced specialization in accounting and finance.
The programme demands completion of 60 credits, including a significant thesis component in the final semester. It is delivered in English, with weekend classes to accommodate working professionals, and offers a blend of rigorous coursework, research methodology, and scholarly writing training aimed at developing comprehensive expertise in the field
A holder of Master of Science in Accounting & Finance should be a competent, versatile and self- directed person with an advanced knowledge of Accounting & Finance, an individual who possesses technical and analytical skills to provide innovative solutions, an effective communicator with soft skills to disseminate such solutions among diverse user categories in generating value for an organization, and a researcher with ethical spirit in order to plan and implement tasks in an independent and professional manner.
Applicants must meet one of the following criteria:
Hold a Bachelor’s Honours degree (Class or CGPA above 3.00) from a recognized university in Sri Lanka or abroad.
Hold a Bachelor’s Honours degree (any class) from a recognized university, plus at least one year of executive-level work experience.
Hold a non-honours Bachelor’s degree (or equivalent) from a recognized university, plus at least two years of executive-level work experience.
Hold a recognized professional qualification (e.g., Attorney‑at‑Law; finalist/member of ICASL, CIMA, ACCA, CMA, CIM UK, SLIM, IPM, CIB UK/Sri Lanka, CIE UK/Sri Lanka, or ICSA) plus at least two years of executive-level work experience.
Any other educational or professional credentials (with relevant work experience) that the Faculty’s Higher Degrees Committee deems equivalent.
The candidates who successfully completed the Postgraduate Diploma in Accounting & Finance and Postgraduate Diploma in Management programs of the Faculty of Management, University of Peradeniya is eligible to enroll in the M.Sc. in Accounting & Finance, M.Sc. in Management and MBA programs via transferring credits earned at the Postgraduate Diploma level immediately after completion of that level. When a candidate registers for the M.Sc. or MBA o programs through transfer of credits earned at the Postgraduate Diploma level, he/she shall be deprived of the rights to claim the Postgraduate Diploma qualification. In addition, lateral entry is available for those who have graduated with a postgraduate diploma in the relevant field through the credit transfer facility.
Semester | Course Code | Course Title | C/O | Credits |
---|---|---|---|---|
One | MGT 5103 | Business Economics | C | 3 |
MGT 5104 | Business Mathematics & Statistics | C | 3 | |
MGT 5105 | Business Communication | C | 2 | |
MGT 5106 | Financial Accounting | C | 2 | |
MGT 5107 | Organizational Management | C | 2 | |
Credits Requirement in Semester 1 | 12 | |||
Two | MGT 5205 | Management Accounting | C | 3 |
MGT 5206 | Auditing & Assurance | C | 3 | |
MGT 5207 | Taxation | C | 3 | |
MGT 5208 | Corporate Finance | C | 3 | |
MGT 5209 | Research Project | C | 1 | |
Credits Requirement in Semester 2 | 13 | |||
Three | MGT 6311 | Research Methodology for Business | C | 4 |
MGT 6312 | Academic Writing | C | 1 | |
MGT 6313 | Financial Reporting | C | 3 | |
MGT 6315 | Portfolio Management | C | 3 | |
MGT 6317 | Accounting Theory | C | 3 | |
Credits Requirement in Semester 3 | 14 | |||
Four | MGT 6499 | M.Sc. Thesis | C | 21 |
Credits Requirement in Semester 4 | 21 | |||
Total | 60 |
After registration, complete the online application form specific to the MSCAF programme and upload all required documents, including academic transcripts, certificates, service letters (if applicable), and a scanned payment slip.
A non-refundable application fee of Rs. 3,000 must be paid to the following account:
Account Name: Faculty of Management Research and Funds
Account Number: 057-1001-6002-6737
Bank: People’s Bank, Peradeniya Branch
Payment Slip Upload Instruction:
Before uploading, the payment slip or receipt must be renamed using your application registration number (e.g., PGUM001234
). This helps the administration to easily match your payment with your application.
Once the payment is made and the slip is renamed, upload it to the application portal and complete your submission. The Postgraduate Unit will review your application, and shortlisted candidates may be invited for an interview.
👉 Click the Apply button to begin your application: