under the auspices of the Faculty of Economics, Management and Accountancy

L.N. 209 of 2013

EDUCATION ACT

(CAP. 327)

Bye-Laws of 2013 to amend the Bye-Laws of 2012 in terms of the

General Regulations for University Postgraduate Awards, 2008 for the

Degree of Master in Accountancy – M.Accty. -

under the auspices of the Faculty of Economics, Management and Accountancy

IN EXERCISE of the powers conferred upon him by articles 74 (5) and 75

(6) of the Education Act (Cap. 327), the Chancellor of the University of Malta has

promulgated the following bye-laws made by the Board of the Faculty of Economics,

Management and Accountancy in virtue of the powers conferred upon it by article

81(1)(c) of the said Act and which have been approved by the Senate of the University

of Malta as required by article 81 (2) of the said Act

Citation

These bye-laws may be cited as the Bye-Laws of 2013 to amend the

Bye-Laws of 2012 in terms of the General Regulations for University Postgraduate

Awards, 2008 for the Degree of Master in Accountancy – M.Accty. – and shall be read

and construed as one with the Bye-Laws of 2012 in terms of the General Regulations

for University Postgraduate Awards, 2008 for the Degree of Master in Accountancy

– M.Accty. – under the auspices of the Faculty of Economics, Management and

Accountancy, published as Legal Notice 483 of 2012, hereinafter referred to as “the

principal bye-laws”.

Applicability

These bye-laws shall apply to courses commencing in October 2013 or

later.

Amendment to bye-law 3 of the principal bye-laws

For bye-law 3 of the principal bye-laws there shall be substituted the

following

“Requirements for Admission

3. (1)

The Course shall be open to applicants in possession of

(a) the degree of Bachelor of Commerce from this University with at least

Category II, and have obtained a minimum average mark of 65% in the study-units

assigned to the second and third year of the Accountancy main area of study; or

(b) an equivalent qualification in Accountancy awarded by another university

or professional accountancy body, provided that such applicants may be required to

follow a preparatory programme as directed by the Board.

(2) Applicants in possession of the degree of Bachelor of Accountancy

(Honours) or the degree of Bachelor of Arts (Honours) in Accountancy with at least

Second Class Honours shall be eligible to apply for a 40 ECTS-credit programme of

study.

(3) Applicants in possession of the degree of Bachelor of Accountancy

(Honours) or the degree of Bachelor of Arts (Honours) in Accountancy with Third

Class Honours shall be eligible to apply for a 40 ECTS-credit programme of study

provided that they submit a portfolio covering at least three years’ practice in the

accountancy field.

(4) 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.

(5) When the number of applicants that may be admitted to the 40 ECTS-

credit Course 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.”

Amendment to bye-law 4 of the principal bye-laws

For paragraph (1) of bye-law 4 of the principal bye-laws there shall be

substituted the following

“(1) Applicants admitted under sub-paragraph (b) of paragraph (1) of bye-law

3 may be required to complete a preparatory programme, comprising study-units to

which not less than 30 ECTS credits are assigned, with an overall average mark of

55% or better, prior to their registration as regular students on the Course.”

Amendment to bye-law 5 of the principal bye-laws

For bye-law 5 of the principal bye-laws there shall be substituted the

following

“Course Duration

5. (1)

The Course shall extend over four semesters of full-time study.

(2) The programme of study for graduates in possession of the degree

of Bachelor of Accountancy (Honours) or the degree of Bachelor of Arts (Honours)

in Accountancy shall extend over a maximum of four consecutive semesters of part-

time study.”

Amendment to bye-law 6 of the principal bye-laws

The following paragraph (5) shall be added after paragraph (4) of bye-

law 6 of the principal bye-laws

“(5) The programme of study referred to in paragraphs (2) and (3) of bye-law

3 which shall comprise study-units to which a total of 40 ECTS credits are assigned,

shall be determined by the Board and approved by Senate.”

Amendment to bye-law 7 of the principal bye-laws

For paragraph (2) of bye-law 7 of the principal bye-laws there shall be

substituted the following

“(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,

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.”

Amendment to bye-law 8 of the principal bye-laws

For paragraph (1) of bye-law 8 of the principal bye-laws there shall be

substituted the following

“(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.”

Amendment to bye-law 10 of the principal bye-laws

Bye-law 10 of the principal bye-laws shall be renumbered as paragraph

(1) of bye-law 10.

The following paragraph (2) shall be added after paragraph (1) of bye-

law 10 of the principal bye-laws

“(2) The Final Weighted Average Mark for the purpose of the classification

of the Degree for students who follow the 40 ECTS-credit 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.”

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