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Accessibility statement

Building upon some of the concepts highlighted in the OU level 1 and 2 accounting modules, this module uses different perspectives to engage you in learning about management accounting and international finance. You'll gain a varied and interesting toolkit of theories and techniques to apply in organisations.

The first part of the module covers management accounting which is concerned with providing information and analysis to managers to help them plan, evaluate and control activities in order to achieve an organisation’s objectives.

The international perspective of the second part of the module will help you gain a deeper understanding and skills in the field of financial management, reflecting closely on a highly globalised and integrated real-world business environment.

You’ll get help and support from an assigned tutor throughout your module.

They’ll help by:

Online tutorials run throughout the module. While they’re not compulsory, we strongly encourage you to participate. Where possible, we’ll make recordings available.

Course work includes:

You’ll have access to a module website, which includes:

You can study this module on its own or use the credits you gain towards an Open University qualification.

B391 is an option module in our:

Management accounting and international finance starts once a year – in October.

This page describes the module that will start in October 2026.

We expect it to start for the last time in October 2028.

As a student of The Open University, you should be aware of the content of the academic regulations, which are available on our Student Policies and Regulations website.

No prerequisite study is required, although we recommend studying Financial accounting in context (B293) and Financial analysis and decision making (B294).

If you have any doubt about the suitability of the module, please speak to an adviser.

The OU strives to make all aspects of study accessible to everyone, and this Accessibility Statement outlines what studying B391 involves. You should use this information to inform your study preparations and any discussions with us about how we can meet your needs.

To find out more about what kind of support and adjustments might be available, contact us or visit our Disability support website.

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No current presentation

There may be extra costs on top of the tuition fee, such as set books, a computer and internet access.

If your income is not more than £25,000 or you receive a qualifying benefit, you might be eligible for help with some of these costs after your module has started.

The Open University Student Budget Accounts Ltd (OUSBA) offers a convenient 'pay as you go' option to pay your OU fees, which is a secure, quick and easy way to pay. Please note that The Open University works exclusively with OUSBA and is not able to offer you credit facilities from any other provider. All credit is subject to status and proof that you can afford the repayments.

You pay the OU through OUSBA in one of the following ways:

Joint loan applications

If you feel you would be unable to obtain an OUSBA loan on your own due to credit history or affordability issues, OUSBA offers the option to apply for a joint loan application with a third party. For example, your husband, wife, partner, parent, sibling or friend. In such cases, OUSBA will be required to carry out additional affordability checks separately and/or collectively for both joint applicants who will be jointly and severally liable for loan repayments.

As additional affordability checks are required when processing joint loan applications, unfortunately, an instant decision cannot be given. On average, the processing time for a joint loan application is five working days from receipt of the required documentation.

Read more about Open University Student Budget Accounts (OUSBA).

Studying with The Open University can boost your employability. OU courses are recognised and respected by employers for their excellence and the commitment they take to complete. They also value the skills that students learn and can apply in the workplace.

Over 30,000 employers have used the OU to develop staff so far. If the module you’ve chosen is geared towards your job or developing your career, you could approach your employer to see if they will sponsor you by paying some or all of the fees.

You can pay part or all of your tuition fees upfront with a debit or credit card when you register for each module.

We accept American Express, Mastercard, Visa and Visa Electron.

We know that sometimes you may want to combine payment options. For example, you may wish to pay part of your tuition fee with a debit card and pay the remainder in instalments through an Open University Student Budget Account (OUSBA).

Please note: your permanent address/domicile will affect your fee status and, therefore, the fees you are charged and any financial support available to you. The fee information provided here is valid for modules starting before 31 July 2026. Fees typically increase annually. For further information about the University's fee policy, visit our

Fee Rules

This module will next start in the 2026/27 academic year and will open for registration on the 25th of March.