Master's in accounting courses allow students to improve their career prospects by equipping them with skills and knowledge that they will need to build a future in the accounts and finance industry.
Be it for academic progress or forging a career as an accountant, a master’s degree in accounting courses helps students understand how financial decisions are made in a business environment and their repercussions on the broader society of financial and corporate decision-making. The UK is home to 45,000+ accounting firms, 300+ banks and 3.1 million companies, meaning career opportunities for accountancy graduates are plenty.
Learn more about master's in accounting below and begin your application by arranging a free consultation with SI-UK India today.
Gaining MSc Accounting Degree in the UK
To complete a master’s degree in accounting from the UK, students must study an MSc in Accounting and Finance, the most popular accounting master’s course. To study for an MSc in accounting and finance, candidates need sound technical accounting knowledge and have completed their bachelor’s degree in accounting or relevant courses.
At the master’s level, students will be provided with theoretical and practical knowledge to help them build and brush up their existing skills and accounting knowledge. The course is designed to improve intellectual and transferable skills, including presentation, analysis, appraisal, and research skills.
MSc in accounting and finance addresses the issues present within the business scenario and how to overcome the social, technical, and economic challenges. After completing the course, students will be familiar with the theoretical complexities of accounts and finance. Candidates will also earn the required theoretical knowledge and practical skills to resolve the day-to-day issues as accountants.
- MBA Accounting
MBA Accounting trains students for managerial positions in an accounting organisation. Important topics covered under the MBA in Accounting are Management Accounting, Financial Management, Managerial Economics, Research Methodology, and Human Resource Management.
Entry Requirements
To study a postgraduate course in accounting across any UK university, international students need to have a bachelor’s degree in Business, Mathematics or Accountancy from a recognised university with a 60% or above score.
Candidates must have a high CGPA score of 7.5 or 8/10 to apply to the top UK universities for accounting.
- Typical International Baccalaureate requirements: Minimum 35 points.
- Typical A-level requirements: AAB and studying at least one in Accountancy, Business, or Mathematics.
- Typical English language requirements
- IELTS: 6.5 overall with at least 6.0 in each component
- Pearson Test of English (PTE) Academic: 62 overall, with at least 59 in each component
- TOEFL-iBT: Score of 79-93 or above
Documents required to apply
- Letter of Recommendation (LOR)
- Statement of Purpose (SOP)
- Transcripts of all educational qualifications
- Scores of Accepted English Language Test
- Updated CV
- Passport copy
- Passport size photographs
- Financial documents (loans taken, income tax details, bank statements)
Cost of studying a master's in accounting
The cost of studying for a master’s in accounting depends on the course types and fees. The average fees for studying for a master’s in accounting can begin at £14,000 and go as high as £65,150.
Top Universities for Master's in Accounting in the UK
According to the Guardian University Guide 2024, the top universities to study a master's in accounting in the UK are:
- London School of Economics
- University of Warwick
- Durham University
- University of Manchester
- Bangor University
- University of Edinburgh
- University of Aberdeen
- University of West London
- University College London
- Liverpool John Moores University
Study Master's in Accounting in the UK
To learn more about studying accounting master's in the UK, book your free consultation with SI-UK India's study abroad experts today.