DEGREE OF MASTER IN ACCOUNTANCY - M.ACCTY. UNDER THE AUSPICES OF THE FACULTY OF ECONOMICS, MANAGEMENT AND ACCOUNTANCY [ S.L.327.126 1 SUBSIDIARY LEGISLATION 327.126 BYE-LAWS FOR THE DEGREE OF MASTER IN ACCOUNTANCY - M.ACCTY. - UNDER THE AUSPICES OF THE FACULTY OF ECONOMICS, MANAGEMENT AND ACCOUNTANCY 28th December, 2012 LEGAL NOTICE 483 of 2012, as amended by Legal Notices 209 of 2013, 350 of 2015 and 242 of 2025. 1.
(1)The title of these bye-laws is the Bye-Laws of 2012 for the Degree of of Master in Accountancy – M.Accty. - under the auspices of the Faculty of Economics, Management and Accountancy.
(2)Citation and interpretation. In these bye-laws, unless the context otherwise requires - "the Board" means the Board of the Faculty of Economics, Management and accountancy; "the course" means the programme of study leading to the degree of Master in Accountancy – M.Accty; "the Degree" means the Degree of Master in Accountancy – M.Accty; "the Postgraduate Diploma" means the Postgraduate Diploma in Accountancy; and "the Principal Regulations" means the General Regulations for University Postgraduate Awards. S.L. 327.328 2. These bye-laws shall apply to courses commencing in October 2017 or later. Applicability. Amended by: L.N. 209 of 2013; L.N. 350 of 2015. 3. The Course shall be open to applicants in possession of:
(1)the Bachelor of Commerce degree from this University with one of the two main areas of study being Accountancy, obtained with a Category II classification and with a minimum average mark of 60% obtained in the study-units of Years 2 and 3 of the Accountancy main area of study; or:
(2)the degree of Bachelor of Science (Honours) in Accountancy and Information Systems, obtained with at least Second Class Honours and with a minimum average mark of 60% in the Accountancy study-units.
(3)the Bachelor of Accountancy (Honours) degree or the Bachelor of Arts (Honours) degree in Accountancy (both awarded after successful completion of the three-year Bachelor of Commerce degree course) obtained with at least Second Class Honours, who shall be eligible to apply for a programme of study of 40 ECTS credits; or Requirements for admission. Substituted by: L.N. 209 of 2013; L.N. 350 of 2015. Amended by: L.N. 242 of 2025. 2 [ S.L.327.126 DEGREE OF MASTER IN ACCOUNTANCY - M.ACCTY. UNDER THE AUSPICES OF THE FACULTY OF ECONOMICS, MANAGEMENT AND ACCOUNTANCY
(4)the Bachelor of Accountancy (Honours) degree or the Bachelor of Arts (Honours) degree in Accountancy (both awarded after successful completion of the three-year Bachelor of Commerce degree course) obtained with Third Class Honours, subject to the submission of a portfolio covering at least 3 years’ experience in the accountancy field, or a certificate showing that they are holders of the Certified Public Accountant Warrant issued by the Accountancy Board (Malta), who shall be eligible to apply for a programme of study of 40 ECTS credits.
(5)Senate, on the recommendation of the Board, shall determine the number of applicants that may be allowed to register for the 40 ECTS-credit programme, depending on the availability of resources. The number of available places shall be announced at the time of the call for applications.
(6)When the number of applicants that may be admitted to the 40 ECTS-credit programme is limited in terms of paragraph
(4)of this bye-law, and the number of applicants who satisfy the requirements specified in paragraphs
(2)and
(3)of this bye-law exceeds the number of places available, selection shall be made solely on the basis of academic merit achieved in the Bachelor of Accountancy (Honours) or the Bachelor of Arts (Honours) in Accountancy degrees. Course duration. Substituted by: L.N. 209 of 2013. Re-numbered and substituted by: L.N. 350 of 2015. 4.
(1)The course shall extend over four semesters of fulltime study, comprising study-units to which 120 ECTS credits are assigned. Programme of study. Amended by: L.N. 209 of 2013. Re-numbered by: L.N. 350 of 2015. 5.
(1)The programme of study shall comprise study-units to which a total of 120 ECTs credits are assigned, of which 90 ECTs credits are assigned to taught study-units and 30 ECTs credits assigned to the dissertation study-unit.
(2)The course for applicants applying in terms of paragraphs
(2)and
(3)of bye-law 3 shall extend over a maximum period of four consecutive semesters of part-time study, comprising study-units to which 40 ECTS credits are assigned.
(2)Students who obtain 60 ECTs credits assigned to taught study-units with an average mark of at least 50% and do not proceed with the course, or having proceeded do not successfully complete the dissertation, shall be eligible for the award of the Postgraduate Diploma.
(3)In cases where students lack essential knowledge in the area of research methodology, the Board may require students admitted to the course to follow and pass supplementary study-unit/s in the said area to which a maximum of 10 ECTs credits are assigned in addition to the programme of study specified in paragraph
(1)of this bye-law.
(4)The programme of study shall be published by the Board after approval by senate, normally not less than eight months prior to the commencement of the course. DEGREE OF MASTER IN ACCOUNTANCY - M.ACCTY. UNDER THE AUSPICES OF THE FACULTY OF ECONOMICS, MANAGEMENT AND ACCOUNTANCY [ S.L.327.126 3
(5)The programme of study referred to in bye-law 3
(2)and
(3)which shall comprise study-units to which a total of 40 ECTscredits are assigned, shall be determined by the Board and approved by Senate. 6.
(1)The assessment of each taught study-unit shall be completed by the end of the semester in which the teaching of the study-unit is held.
(2)Students who in the course of the academic year fail in the assessment of not more than 20 ECTs credits for taught study-units shall be given the opportunity to re-sit the failed assessments during the september supplementary examination session: Assessment and progress. Amended by: L.N. 209 of
- Re-numbered by: L.N. 350 of
- Provided that students registered on the 40 ECTs-credit programme shall be given the opportunity to re-sit the failed assessments if they fail not more than 10 ECTs credits for taught study-units during the course of the academic year.
(3)Students who fail in more than the number of credits permitted under paragraph
(2)of this bye-law or students who after re-assessment fail to obtain credit for any study-unit shall be deemed to have failed the course. 7.
(1)Students registered on the full-time course shall be required to submit an individual dissertation of approximately 25,000 words in accordance with the guidelines issued by the Board. Dissertation. Amended by: L.N. 209 of 2013. Re-numbered by: L.N. 350 of 2015.
(2)Work on the dissertation shall be undertaken during the third and fourth semester of the course. Each student shall be assigned a supervisors who shall provide guidance and advice on a regular basis during the period of study.
(3)A provisional title of the dissertation and a detailed research proposal shall be submitted to the Board for approval by the end of the second semester. 8.
(1)Students shall be required to have regular contact with their supervisor.
(2)Supervisors shall submit to the Board progress reports for students under their supervision at the end of each semester of studies. Such reports may include recommendations to either (
- a)extend the period of study in order to enable the student to complete the dissertation; or (
- b)terminate studies prematurely if the supervisor deems this to be proper in the circumstances, provided that: (
- i)the extension of the study period referred to in (
- a)shall be in accordance with the provisions of Principal Regulations; and (
- ii)the Board may not terminate studies prematurely according to (
- b)until it has first given the student a chance to be heard. Supervisor. Re-numbered by: L.N. 350 of 2015. 4 [ S.L.327.126 Classification of the Awards. Amended by: L.N. 209 of 2013. Re-numbered by: L.N. 350 of 2015. DEGREE OF MASTER IN ACCOUNTANCY - M.ACCTY. UNDER THE AUSPICES OF THE FACULTY OF ECONOMICS, MANAGEMENT AND ACCOUNTANCY 9.
(1)The Final Weighted average Mark for the purpose of the classification of the Postgraduate Diploma and of the Degree shall be based on the results obtained in all the components of the programme of study, all credits being weighted equally.
(2)The Final Weighted Average Mark for the purpose of the classification of the Degree for students who follow the 40 ECTscredit programme of study shall also be based on the results obtained in all the components of the programme of study, all credits being weighted equally.