MSc Professional Accounting and Corporate Governance

Year of Entry


Application Deadline

Application Closed

Mode of Study


Mode of Funding


Intermediate Award

Postgraduate Diploma and Postgraduate Certificate in Professional Accounting and Corporate Governance

Indicative Intake Target


Minimum No. of Credits Required

Master's Degree: 36, Postgraduate Diploma: 24, Postgraduate Certificate: 12

Class Schedule

Professional Accounting Stream (PA Stream†): Weekday daytime and evenings and/or Saturday daytime; Corporate Governance Stream (CG Stream†): Weekday evenings and Saturday afternoons. Evening classes normally start at 7:00pm with a duration of 3 hours.

Normal Study Period

Full-time: 1 year (PA Stream†)
Part-time: 2 years (PA Stream† & CG Stream†)

Maximum Study Period

Full-time: 2.5 years;
Part-time/Combined mode: 5 years

Mode of Processing

Applications are processed on a rolling basis. Review of applications will start before the deadline and continue until all places are filled. Early applications are therefore strongly encouraged.
Programme Leader
Dr Zheng WANG
PhD (Maryland)
+852 3442 5204
+852 3442 0349
General Enquiries
AC General Office
+852 3442 7760
+852 3442 0349
Programme Aims and Objectives

The MScPACG programme aims to provide an active learning environment to develop students for leadership positions in the professional accounting and corporate governance area in Hong Kong and the Greater China region.

Entrance Requirements

For Professional Accounting Stream, applicants must:

  • hold a non-accounting degree from a recognised university;
  • hold an equivalent qualification acceptable to CityU.

For Corporate Governance Stream, applicants must:

  • hold a degree from recognised universities or professional membership from recognized institutions; or
  • hold an equivalent qualification acceptable to CityU.

Applicants whose entrance qualification is obtained from an institution where the medium of instruction is NOT English should also fulfill the following minimum English proficiency requirement:

  • Score 550 (paper-based test) or 59 (revised paper-delivered test) or 79 (Internet-based test) in the Test of English as a Foreign Language (TOEFL); or
  • Overall band score of 6.5 in International English Language Testing System (IELTS); or
  • Score 450 in the new College English Test (CET6) of Chinese mainland; or
  • Other equivalent qualifications.


Course Description

Core Courses — Advanced Taxation; Corporate Governance; Economics for Business; Financial Management; and Law Relating to Business and Companies.


Required Courses

Participants can choose one of the following two streams:

  • Professional Accounting Stream — Accounting Information Systems; Auditing; Corporate Accounting; Cost and Management Accounting; Financial and Management Accounting; Financial Reporting; Quantitative Decision Making Techniques.
  • Corporate Governance Stream — Business Ethics for Professional Accountants and Company Secretaries; Corporate Accounting I; Corporate Accounting II; Companies and Securities Regulations and Practice; Corporate, Employment and Business Law; Human Resources Management; Strategic Management and Business Policy.


Electives (Optional)

Professional Accounting Stream (two courses from the following):

  • Business Ethics for Professional Accountants and Company Secretaries
  • Business Management for Accountants
  • Companies and Securities Regulations and Practice
  • Corporate, Employment and Business Law
  • Human Resources Management
  • Professional Internship
  • Strategic Management Accounting
  • Strategic Management and Business Policy

Corporate Governance Stream (two courses from the following):

  • Accounting Information Systems
  • Auditing
  • Cost and Management Accounting
  • Professional Internship
  • Quantitative Decision Making Techniques

Note: The course list and curriculum are subject to change and periodic review. The programme information updated by the Department on December 18, 2019.

Professional Accreditation

Hong Kong Institute of Certified Public Accountants (HKICPA)

This programme is an accredited programme by the HKICPA.  Graduates of the programme are required to pass the subjects as indicated in the approved curriculum (refer to the website at http://www.cb.cityu.edu.hk/ac/programmes/postgraduateAndRD/) in order to qualify for exemption of the relevant Associate Modules of the new Qualification Programme (QP).

Only those students who have studied and passed in the subjects with substantial coverage relevant to Modules of the Associate Level of the new QP and completed the academic qualification(s) within the last five years are eligible for exemption of the Modules concerned*. The final decision rests with the HKICPA.

*The exemption is subject to fulfilling the requirements of HKICPA.

To learn more about the new QP, you may wish to refer to the Position Paper of the new QP, which was released in January 2017 (link appended below):




Association of Chartered Certified Accountants (ACCA)

Professional Accounting Stream is also recognized by the ACCA for a possible maximum exemption of 9 papers# from its professional examination scheme.

# The exemption list is subject to periodic review by ACCA.


CPA Australia

CPA Australia has accredited this programme since 2015.


Hong Kong Institute of Chartered Secretaries (HKICS) and Institute of Chartered Secretaries and Administrators (ICSA)

Corporate Governance Stream graduates may enjoy full exemption from the professional examinations of the HKICS and the ICSA**.

**The full exemption is subject to fulfilling the requirements of HKICS.



Subject to funding and annual approval, admitted applicants are automatically considered for three types of scholarships (hence, no separate application is necessary):

  • AC Entrance Scholarships
  • AC Academic Excellence Scholarships
  • AC Internship Awards (for Professional Accounting Stream)

For details, please visit AC website at http://www.cityu.edu.hk/ac under Programmes & Courses.

Bonus Features

Applicants who meet the entry requirements but wish to exit early from the programme may apply for the Postgraduate Diploma or Postgraduate Certificate of the programme after completion of the designated courses and number of credit units.

†Part-time mode for Corporate Governance Stream. Combined mode for Professional Accounting Stream.
† Combined mode: Local students taking programmes in combined mode can attend full-time (12-18 credit units per semester) or part-time (no more than 11 credit units per semester) study in different semesters without seeking approval from the University. For non-local students, they will be admitted to these programmes for either full-time or part-time studies. Non-local students must maintain the required credit load for their full-time or part-time studies and any changes will require approval from the University.