Accounting and finance deals mainly with the concepts of money, business and management, and how all of these individual elements can effectively work together. You will have opportunities to develop your knowledge of how financial information is understood and applied within organisations, and how it is reported internally and externally. You will be encouraged to explore the modern economy, the nature of business and how accounting and finance fit in with these. Your studies will increase your knowledge and understanding of financial and accounting information, with an emphasis on professional development.
About Accounting and Finance
At postgraduate level, you can expect to be awarded a Master of Science (MSc), Master of the Arts (MA), or Master of Research (MRes). In some cases, an institution might offer a Master of Accounting (MAcc), which is a graduate professional degree. Further study will award you with a degree such as a Master of Philosophy (MPhil), or Doctor of Philosophy (PhD).
Some courses might be accredited by a professional body in the area. For example, certain UK universities offer degrees are approved or accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), or the Association of Chartered Certified Accountants (ACCA), among others.
A postgraduate degree will normally take one to two years to complete.
Postgraduate course annual tuition fees are set by the institution, which means that they can differ. Postgraduate programmes are generally less expensive than undergraduate programmes. You will find detailed fee information on the institution webpage.
Typical Annual Tuition Fees
- Postgraduate - £8,250
During a postgraduate degree, such as an MSc, you will be able to build on and develop the knowledge that you gained at undergraduate level. The modules you study will be around more complex and specialist areas of accounting and finance. You will cover both the more traditional subjects, as well as exploring more contemporary areas and concepts. Modules and specialisms might include corporate finance, management accounting for decision making, asset pricing, portfolio investment and management, and international accounting practice and regulation. Assessment methods might include written work, group projects, presentations, and a major research project.
For a postgraduate degree, most universities will require you to have an undergraduate degree in accounting, finance, or a closely related subject.
Typical Entry Requirements
- Degree Requirements - 2:1 or higher
- Required/Desired Subjects - Finance, Accounting, Mathematics, Business, Economics
- Other Entry Requirements - some institutions might consider relevant work experience if you do not meet the academic entry requirements