Start date
  • November, 2021
  • 10 weeks
  • € 1.760
  • The Hague Graduate School, location Poseidon
Program type
  • Master Module
Time investment
  • 14 hours a week
Interested? Request more information or sign up.

Reasons for choosing this master module

  • Obtaining an MBA module certificate acknowledges your master level and shows you are capable of solving complex problems and analysing business data.
  • This Finance module is part of the core programme of the MBA and will give you a head start in your company or while managing or starting your business.
  • Students highly value the competency of the lecturer, who will motivate and engage the students with real examples from professional practice, based on his own experience as well as global case studies.
  • The classroom sessions are dynamic and start at the basics, quickly moving on to managerial and strategic decision making in only 10 weeks.
  • Students are encouraged to share best practices from professional practice.
  • An MBA module gives you plenty of opportunity to increase your network amongst the international community as you will be joining the cohort enrolled in the entire programme.

    Blended Learning

    At The Hague Graduate School we focus on offering you quality education with personal attention in a blended setting. Our education is offered in a mix of online and on-campus lectures and gatherings. For more information about blended education at The Hague Graduate School, please check the extra information on this page.

    Take a look at the FAQs for all your questions about the coronavirus.

    For you?

    After finishing this module, you will have the skills and knowledge to advise management on strategic decisions from a long-term accounting, value, performance and risk perspective. To fulfill this objective, you will be familiar with and will know how to apply a toolkit of concepts, theories, models and methods. The relevant decisions related to strategic planning and control, anticipating on the economic situation concern major shifts in the direction of the company, such as acquiring new businesses, selling existing businesses, changing the portfolio of products or markets or restructuring the business. Additionally, you will gain insight in the international financial environment and decision making regarding risk diminishing decisions.

    This module of the Master of Business Administration programme includes the fundamental courses of financial and management accounting and includes practical examples and activities that will give the student the skills and knowledge to identify, analyze, interpret, evaluate and communicate  information to help an organization manage its resources and achieve strategic goals.

    Financial Accounting

    Financial Accounting is concerned with the preparation and analysis of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders. The course enables students to give advice and support the Strategic Management of a firm based on these financial disciplines.

    Management Accounting

    Management Accounting is about making better business decisions; the practical understanding of key drivers for adding value to a business, and how these are tied to the decision-making process. It’s about helping people run their businesses more efficiently and effectively in order to achieve the desired outcomes such as increasing returns or delivering improved services.

    This module gives access to Finance 2: Corporate Finance.

    Program Courses

    Session 1: Introduction to the course, the Balance Sheet
    Session 2: Income statement, Cash Flow Statement and Journal Entry accounting
    Session 3: Financial Accounting Exercise  
    Session 4: Financial Statement Analysis  
    Session 5: Management accounting, cost allocation and cost-volume-profit analysis
    Session 6: Variable costing, responsibility, relevance and transfer pricing
    Session 7: Budgeting
    Session 8: Investment decisions

    Assessment with exam (100% of module grade) in week 10 (tba, February 2021)

    Your investment

    In time:

    • Self-study per week: 10 hours
    • Study load per week: 4 hours
    • Period of total study: 10 weeks (ex holidays)

    In money:

    • Payment in one go: € 1.760
    • Books: € 140
    • Total investment: € 1.900

    Nice to know:

    • Dutch students are exempt from VAT (btw).
    • Parts of the programme costs can be deductible. For more information, please check:

    Admission requirements

    These are the requirements for this programme:

    • Bachelor degree
    • Final transcript
    • 3 years relevant professional work experience
    • Mandatory intake interview
    • Motivation Statement
    • Recommendation letter
    • Resumé / Curriculum Vitae
    • Able to apply course work to professional practice

    English language requirements

    As our international programmes are taught entirely in English, candidates must demonstrate a good command of the English language, both spoken and written. You can view the English language requirements in this document.

    Contact the admissions office ( for more information.

    Upon completion

    After the last session you are required to hand in an assignment and upon successful completion, you will receive a MBA module certificate. This certificate gives you an exemption from this class should you chose to commence with the Master of Business Administration. At the end of the class, you can continue with more masterclasses from either the MBA, or our other offered master programmes.

    The certificate is valid for 5 years. After following a maximum of 4 Masterclasses, you choose if you want to follow the full master programme.


    If you have any further questions about admission requirements, enrolment or content of the program, please check the frequently asked questions or contact us: 

    Telephone: + 31 (0)70 445 8900
    (Mon.-Fri. from 8:30 am to 5 pm)