Top Master’s Degree in Accounting Programs in the UK

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Master’s in Accountancy in the UK

Have you recently finished your undergraduate studies, yet still are undecided on the career path that you wish to pursue? Earning a Master’s degree can help to specialise your skills in an effort to make you that much more coveted by prospective employers. However, most feel that earning such a degree locks you into a particular profession or industry. Yet that depends on the type of graduate program you pursue. How would you like to earn a degree that can open op job opportunities in business, government, healthcare and even law enforcement? The ideal academic discipline to offer such flexibility may just be…accounting?

Accounting may not seem to be such a flexible or even exciting field, yet once you start to contemplate the many applications that it can have in various industries, your opinion may quickly change. The skills and knowledge that you gain through a Master’s in accountancy program are highly sought after, and may automatically place you at the front of the line when it comes to filling jobs related to money and finance. Where should you seek such a degree? The United Kingdom offers some of the best accounting graduate degree programs in the world.

What is a Master’s Program in Accountancy?

Most of the Master’s in Accountancy programs offered in the UK take only one year to complete. This may help making the decision to postpone your entry to your career to continue your studies that much easier. To gain admission into such a program, you need to at least have an undergraduate degree or its equivalent. Many schools require that to be Honours degree. If you are coming from a country that subscribes to a different degree philosophy, that is an undergraduate degree supported by strong marks and superior academic performance. In many cases, a graduate school entrance examination such as the Graduate Management Admission Test (GMAT) is not required, but may help to bolster your resume.

The early coursework offered by accounting graduate programs in the UK focuses on developing foundational knowledge in the areas of finance, accounting, markets and securities. Such knowledge is often conveyed through core curriculum such as:

  • Corporate financial strategies
  • Economic valuation
  • Investment portfolio management
  • Ethics and professional standards of conduct

Once you have completed your core courses, you typically will move on to an electives module. The coursework in this portion of your program can be customised to bolster your knowledge of a particular area of accounting to how the principles of accountancy apply to a specific industry. Some of the electives available to you may include:

  • Corporate law and tax strategies
  • Advanced financial statistics and analytics
  • Enterprise risk management
  • Private equity and venture capital
  • Studies in mergers and acquisitions
  • Domestic and international monetary regulatory policies

The culmination of your studies is usually a applied economics research project. Such a project is usually coordinated by an academic advisor and allows you to the chance to professional expertise to support your academic achievements.

What Are the Benefits of Getting a Master’s in Accountancy?

Your Master’s degree in accountancy will help prepare you to fill potentially lucrative positions much faster than other graduate degree options. For example, a Master’s in business administration can take anywhere from two-three years to complete. Plus, other advanced degrees often require that you have professional experience prior to applying. Conversely, you can typically pursue a Master’s in accountancy immediately upon completion of your undergraduate studies.

The UK offers several world-class accountancy graduate degree programs for you to choose from. The following schools all rank in the top 30 of the Times World University Rankings of Master’s degree in accountancy programs:

  • The University of Oxford
  • The Imperial College Business School
  • Keele University
  • The London School of Economics and Political Science
  • The University of Edinburgh
  • King’s College London

What Kind of Career Can You Expect with a Master’s in Accountancy?

Two of the fundamental skills acquired when earning a Master’s in Accountancy in the UK are financial analysis and auditing. It is these skills that are so highly coveted by a range of different professional disciplines. They have application not just in business, but in taxation, planning and even criminal investigation. Given the wide range of work your newly acquired accounting skills may apply to, your Master’s degree could qualify you to work as a certified public accountant, and enrolled agent or auditor, a corporate budgeting analyst, or a forensic accountant.

A Master’s degree in accounting earned in the UK may help position you to fill important roles in a wide array of industries. Such a degree may help to put you in a job where you really can make a difference in people’s private lives and for the public’s welfare.  

University of Gloucestershire

Cheltenham, United Kingdom

  • 105SchoolApply Rank
  • USD 17,415Average Tuition
  • 0Acceptance Rate

University of Gloucestershire (Gloucestershire) has multiple campuses across Gloucestershire and Cheltenham, United Kingdom. Students at Gloucestershire are offered a wide range of master’s degree programs through its 8 academic schools, including: School of Art and Design; School of Liberal and Performing Arts; School of Natural and Social Sciences; and the School of Media....

University of West London

London, United Kingdom

  • 117SchoolApply Rank
  • USD 14,013Average Tuition
  • 0Acceptance Rate

University of West London with campuses in Ealing and Brentford in London, UK offers undergraduate and postgraduate studies through its eight schools: the London School of Film, Media & Design; Claude Littner Business School; School of Computing and Engineering; London College of Hospitality and Tourism; Ealing Law School; London College of Music; College of Nursing, Midwifery and Healthcare; School of Psychology, Social Care and Human Sciences....

Bath Spa University

Bath, United Kingdom

  • 124SchoolApply Rank
  • USD 16,869Average Tuition
  • 89%Acceptance Rate

Bath Spa University (Bath Spa) has campuses located in Newton Park and Sion Hill, Bath, United Kingdom. Bath Spa also has a campus located in the market town of Corsham. Bath Spa offers over a 100 master’s degree programs across its 4 academic schools, namely: Bath Business School; Bath School of Art and Design; College of Liberal Arts; and the Institute for Education....

Abertay University

Dundee, United Kingdom

  • 135SchoolApply Rank
  • USD 18,804Average Tuition

Abertay University is a public university located in Dundee, Scotland. Abertay offers a wide range of taught and research master's degree programs across its various schools namely: School of Design and Informatics, Dundee Business School and School of Social and Health Sciences....

Buckinghamshire New University

High Wycombe, United Kingdom

  • 150SchoolApply Rank
  • USD 12,864Average Tuition
  • 0Acceptance Rate

Buckinghamshire New University (Bucks) is a modern university that has campuses in High Wycombe, Uxbridge and Aylesbury. Bucks offers industry focused degree programmes in the creative and cultural industries, management and information management sectors....

University of Wolverhampton

Wolverhampton, United Kingdom

  • 168SchoolApply Rank
  • USD 15,891Average Tuition
  • 0Acceptance Rate

The University of Wolverhampton offers more than 500 courses through 18 schools and institutes. Located Wolverhampton, England, the university offers bachelor's and master's degree programs. Some of the schools and institutes available include the School of Humanities, School of Biology, Chemistry and Forensic Science, and the Institute of Sport....

University of East Anglia

Norwich, United Kingdom

  • 176SchoolApply Rank
  • USD 19,632Average Tuition
  • 0Acceptance Rate

University of East Anglia, established in 1963, is a modern research-intensive University located in Norwich in England, UK. The University offers a number of master's degree programs through its four faculties of Arts & Humanities, Medicine & Health Sciences, Science and Social Sciences....

University of Dundee

Dundee, United Kingdom

  • 177SchoolApply Rank
  • USD 19,964Average Tuition
  • 80%Acceptance Rate

The University of Dundee (DU) is a public research university located in the city of Dundee, Scotland. The University has dedicated faculties through which it delivers master's degree programs to both local and international students ...

Queen's University Belfast

Belfast, United Kingdom

  • 178SchoolApply Rank
  • USD 18,158Average Tuition
  • 0Acceptance Rate

Queen's University Belfast (Queen's) is a public institution located along the University Road in Belfast, Northern Ireland, UK. Queen's offers a wide range of master's degree programs across its three academic faculties namely: Arts, Humanities and Social Sciences; Engineering and Physical Sciences; and Medicine, Health and Life Sciences....

Anglia Ruskin University

Cambridge, United Kingdom

  • 251SchoolApply Rank
  • USD 17,998Average Tuition
  • 0Acceptance Rate

Anglia Ruskin University (ARU) has 4 campuses located in Cambridge, London, Chelmsford and Peterborough, United Kingdom. ARU offers over a 100 master’s degree programs across its 4 academic faculties, namely: Arts, Law and Social Sciences; Health, Social Care and Education; Science and Technology; Medical Science; and the Lord Ashcroft International Business School. ...