Máster Universitario en Dirección Financiera y Contable

Critical vision and a comparative international approach to accounting regulations (Spanish Reporting Standards and International Financial Reporting Standards).
Comparison with the Generally Accepted Accounting Principles US GAAP.
Review of the most recent research in Spanish accounting and international accounting.
Analysis of the latest trends and repercussions for the company.

Accounting requirements for the preparation and presentation of consolidated financial statements, requiring entities to consolidate the businesses it controls.
Comparison with International Financial Reporting Standards.
Review of most recent research in consolidated financial statement.

Auditing principles, norms, and procedures.
Critical vision and a comparative international approach to auditing regulations.
Internal auditing and internal control.
Comparison with International Standards on Auditing.
Review of the most recent research in auditing.
Responsibilities and functions of the independent auditor.

Review of the most recent research in business analysis.
Economic and financial analysis of the company. One-dimensional and multidimensional models.
Financial statement analysis identifying business needs and determining solutions to business problems.
Working capital analysis. Relationship between working capital and the cash conversion cycle.
Analysis of the profit generating capacity. Analysis of cost and revenue of the firm which determines whether or not the firm is profiting.
Economic value creation. 

Relationship between cost accounting, financial accounting, and management accounting.
Review of the most recent research in management accounting.
Activity based costing and activity based management.
Cost management information for strategic management purpose.
Cost structure and business models.
Cost reduction and continuous improvement.

Relationship between information systems and business processes.
Budgeting and management process: effective budgeting systems in practice.
Review of the most recent research in budgetary management.
Management control system techniques.
Performance measures.
Strategic planning and management system and the balanced scorecard.
Management control system techniques: long and short range planning.
Case studies in management control systems.

Methods used to analyse securities and make investment decisions: fundamental analysis and technical analysis.
Fundamental analysis and the determination of the underlying health of a company by examining financial statements.
Technical analysis involving the use of charts for forecasting the direction of stock prices.
Stock Market and financial markets.

Best practices in cash management.
Review of the most recent research in cash management and credit management.  

Taxation optimization strategies: tax planning opportunities to help meet financial objectives.

Relationship between firm investment and financial status.
Assessment for investment proposals by taking into account the level of risk, investment strategies, and assessment of results.
Indicators for measuring value added from investment.
Project finance and the long-term financing.

Latest trends in qualitative techniques in financial statement analysis.
Review of the most recent research on consolidated financial statements.
Latest trends in qualitative techniques in financial statement analysis.
Insolvency prediction models.
Credit scoring and credit rating models.
Analysis of individual corporations with aggregates and sectoral ratios.

Financial system and strategies for mobilizing funds for investment.
Macroeconomic factors affecting business environment.
Review of most recent research in Spanish, European, and international financial systems.

Financial operation and corporate objectives: agency theory and good governance codes.
Estimating financial needs, capitalization, and debt policies.
Dividend policies.
Short and long term business financial strategy.
Evaluation instruments for businesses.

Stock market (IPOs, takeovers, etc.).
Bond issue.
Hybrids.
Syndicated loans.
Project finance.
Securitization.
Private Equity (venture capital).

Concept, typology, and processes in acquisition, fusion, and division operations.
Due diligence.
Negotiation and closing operations.
Post-purchase and post-sale management.

Futures.
Options.
Financial swaps.
The European and international financial system.
Investment and financing operations in foreign currencies.

International finance management.
Treasury management.
Foreign exchange and cash flow hedge.
Enterprise risk management.

Digitalization of Finances.
Fundamentals of Blockchain.
Principles on which cryptocurrencies are based.

The Master in Accounting and Financial Management (specialization in Corporate Finances) includes a curricular internship. This internship is part of the academic course contents. The internship is considered as an additional subject that must be satisfactorily completed in order to pass the course. 

With the Master's Final Project students integrate and combine all the subjects of the Master, applying the acquired knowledge to real companies.