Presentation of the Master Accounting that Tilburg School of Economics and Management of Tilburg University offers.

1. MSc ACCOUNTING
INFORMATION EVENING
Annual report of IKEA

2. WELCOME
Dr. S. (Stephan) Hollander
Program Director MSc Accounting
s.hollander@tilburguniversity.edu
Drs. M.T.H. (Mira) Gorris
Program Coordinator MSc Accounting
m.t.h.gorris@tilburguniversity.edu
Drs. R.C.W. (Rob) Eken
Program Coordinator Post-Master Accounting
r.c.w.eken@tilburguniversity.edu

3. Which teaching methods?
ROAD-MAP
Why MSc Accounting?
Why Tilburg University?
Career
perspectives?
Which tracks?
Which courses?
Internships?
Guest lectures?
Contact w/ companies?
Etc.
Which teachers?

4. What?
Accounting is the language of business; dealing with generating, analyzing and
communicating information about a company’s past activities and forecasting its
future performance. If you want to understand a firm’s business or assess its
value, you have to understand accounting! Distancing accounting from the
stereotype of back-room number crunching
WHY ACCOUNTING?
Did you know?
In “Accountant Stereotypes in Movies Distributed in North America in the
Twentieth Century,” Accounting, Organizations and Society 31 (2006):
characters with CPAs or CAs are more likely to be heroes

5. Our program offers a basic understanding of business management,
with a focus on accounting; providing students with background,
deep knowledge, and highly-developed skills in the areas of
financial accounting, management accounting and control, accounting
information systems, and auditing
Professional (RA/RC) track
- Strong focus on role of accounting for internal and external purposes
- Excellent preparation for a range of careers including auditing, tax
consulting, management consulting, corporate controller
- Stepping stone to (E)PMA, Executive Master of Finance and Control
CFA® track
- Offers a mix of core accounting and finance courses, with an emphasis
on corporate valuation
MSC ACCOUNTING

6. Europe’s No. 1 re accounting research
- Tilburg University
- London Business School
- Erasmus University
- INSEAD
World class research/education facilities
- Master thesis: library, databases, laboratory
- Research-active staff, engaged in public debate
 Prof. Dr. J.F.M.G. (Jan) Bouwens on CEO compensation, role of
auditors, financial crisis, responsibility of bank managers
 Prof. Dr. L.A.G.M (Laurence) van Lent on the link between
masculinity, testosterone and financial misreporting
WHY TILBURG?

7. Tilburg’s MSc Accounting program = TOP!
- Renowned academics
- Leading practictioners
 Prof. Dr. L. (Leo) van der Tas, EY, ESMAs Corporate
Reporting Consultative Working Group
 Prof. Dr. J. (John) van Kollenburg, BDO
Contemporary topics
 Stock-based compensation as incentive tool
 New accounting/auditing standards
 Interactive communication tools (e.g., conference calls)
WHY TILBURG?

8. Tilburg’s MSc Accounting program = TOP!
- Renowned academics
- Leading practictioners
TiU’s Msc. Accounting
Practice Meets Academia
 Prof. Dr. L. (Leo) van der Tas, EY, ESMAs Corporate
Reporting Consultative Working Group
 Prof. Dr. J. (John) van Kollenburg, BDO
Contemporary topics
WHY TILBURG?
Our teachers:
Mix of professionals/academics
Our objective:
Problem solving/academic reflection
Our assignments:
Real-life cases/academic writing

9. COURSE STRUCTURE

10. TEACHING FACULTY

11. CAREER PERSPECTIVES
Policy makers, government
Tax authority
Credit analyst
Mutual fund manager
Chief Executive Officer
Chief Financial Officer
Loan officer
Security analyst
Auditor
Audit committee
Business reporter
Business consultant
Corporate controller
M&A specialist
Investor
Supervisory board (AFM, SEC)
Financial manager
Business valuator
Internal auditor
Member of Board of Directors
Investor relations officer
Treasurer

12. Elective: Advanced Management Accounting
Register controller (RC)
Career?
Registeraccountant (RA, CPA)
Elective: Financial Statement Analysis
PROFESSIONAL TRACK

13. Why pay $104 billion* for Facebook?
*) IPO offering price on May 18, 2012
FINANCIAL STATEMENT ANALYSIS

14. Latest scientific insights on:
- Executive compensation (options, bonus)
- Subjective performance evaluation
- Designing business units
- Promoting cooperation between units
- $1 CEO salaries
- Recruitment practices in family firms
- Et cetera
ADVANCED MANAGEMENT ACCOUNTING

15. Financial professional
E.g., equity analyst, bond analyst, M&A specialist, investment banking
Certified Financial Analyst
- A self-study curriculum with three levels of examinations
- Relevant education based on practitioner-driven global body of
investment knowledge
- Emphasis on ethical and professional standards
- Worldwide examination locations (including Amsterdam)
What do we offer?
- Excellent preparation for CFA-Level 1 exam
- Possibility to participate in Global Challenge
- Chance to win one of five scholarships
- Admission to TiU’s CFA events
CFA TRACK

16. CFA TRACK
CFA Program
Candidate Body
of Knowledge
We cover 70%
of CBOK

17. Education tailored to your needs
- Two tracks, Professional and CFA track, each with electives
- Guest lectures
Teaching methods
- Teaching-award winning instructors
- Ideal mix of practitioners and academics
- Interactive classes
Meet practice
- Company in-house days
- Real-life cases, writing consulting proposals, analyst report, etc.
Develop your skill set
- Critical mind, problem solving ability (how?), academic reflection (why?)
- Soft skills: presentation, discussion
EDUCATION

18. POST-MASTER
Post-Master Accountancy (PMA)
- Three years, part-time on Fridays
- No classes in January-April (“busy season”)
- Language? Dutch
- Where? Tilburg
- www.tilburguniversity.edu/pma
European PMA
- Two-year program, blocks of 2 weeks
- RA title + (e.g., Spain, USA)
- Language? English
- Where? May (Netherlands), July (Spain), November
(Romania)
- www.tilburguniversity.edu/epma

19. Top students
- Develop analytical skills, econometric/statistical skills
- Economics of business and accounting
- Academic reflection on corporate valuation, management accounting
and the role of accounting
- Personal approach: one-on-one supervision
Career opportunities
- Prepare for Ph.D, Professor of Accounting
- Top position at (international) company
- Big data analyzing skills (much wanted!)
Placements
- In business: Duff & Phelps, Philips, De Nederlandsche Bank
- In academics: University of Chicago, Nanyang Technological University
RESEARCH MASTER

20. Student Career Center and Alumni Services
Guiding you in your career planning process:
- Career advice
- Career workshops
- Internships
- TiSEM Career Mentor Program
- Center of Entrepreneurship
- www.tilburguniversity.edu/careercenter
CAREER SUPPORT
Contact
- www.tilburguniversity.edu/alumni-tisem

21. Master Student for a Day
Experience what it is really like to study at Tilburg School of
Economics and Management:
- Attend a lecture
- Get in touch with other students
- Check out our campus, facilities and services
Who?
HBO and WO students (from other universities)
More information and registration
www.tilburguniversity.edu/education/masters-student-for-a-day-tisem/
WANNA TRY?

22. All students
You can enroll using Studielink
Non-TiSEM students
Non-TiSEM students, who want to enroll in a
(pre-) Master program also need to submit an
application for admission
More information?
www.tilburguniversity.edu/education/masters-programmes/
ADMISSION
admissionprocedure/feb/

23. QUESTIONS?
Dr. S. (Stephan) Hollander
Program Director MSc Accounting
s.hollander@tilburguniversity.edu
Drs. M.T.H. (Mira) Gorris
Program Coordinator MSc Accounting
m.t.h.gorris@tilburguniversity.edu
Drs. R.C.W. (Rob) Eken
Program Coordinator Post-Master Accounting
r.c.w.eken@tilburguniversity.edu