Accounting and Finance

Study mode:On campus Study type:Full-time Languages: English
Local:$ 33 k / Year(s) Foreign:$ 24.7 k / Year(s)  
30 place StudyQA ranking:7817 Duration:12 months

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The programme is a comprehensive and intensive investigation into key areas in accounting and finance. Designed for those with a quantitative background, it is both academically rigorous and closely in line with professional practice.

It is especially useful for those graduates with work experience in accounting looking to gain essential practical skills in finance - and, of course, vice versa. Although the compulsory core courses ensure a good balance between both accounting and finance study, the option courses give students the opportunity to specialise - tailoring their studies towards their chosen career.

Studying accounting and finance in Edinburgh gives students the opportunity to base themselves at the heart of the UK's second largest financial centre.

Many of Europe's leading financial institutions have their headquarters here, a fact that we make full use of on the MSc programme. We regularly bring guest speakers to the School to talk directly to accounting and finance students on real, current practice. The School also maintains good relationships with a number of accounting and finance professionals who will be on hand to provide advice on research and career opportunities. It is essential connections like these that characterise the dynamic nature of this strongly vocational programme.

Our strong connection to industry is exemplified by our work in the Centre for Financial Markets Research, and the Institute of Public Sector Accounting Research. Bringing together leading academics and practitioners, the centres are a keen theatre of debate, creating new thoughts, new ideas for both the theoretical study and practical application of accounting, finance and investment.

The MSc in Accounting and Finance runs for one calendar year, starting in mid-September. A comprehensive induction week provides an introduction to the School, the Programme and the University. Designed to be both informative and fun, it enables you to get acquainted with your fellow classmates.

The taught component of the programme consists of eight courses in total, four in the first semester and four in the second semester. These are the foundation upon which the whole MSc is built and ensures a common basis of knowledge across the different areas.

In Semester 2, you also begin to tailor your studies towards your career interests, through the selection of one or two option courses.

Finally, your MSc dissertation brings all this learning together in a piece of work unique to each student.

Before applying for a programme, please consider the the minimum academic and English language requirements. There is high competition for entry to many of our programmes. As a result, you may increase your chances of success by considering ways in which you can support your application.Academic requirementsUK 1st class or 2:1 honours degree from a good university in one of the subjects below, or an equivalent overseas qualification.Academic backgroundAn undergraduate degree in accounting, finance or a related discipline is normally required.Degrees in quantitative disciplines (e.g. economics or mathematics) or business studies will be considered if you can demonstrate a strong background in accounting and finance throughout your degree.Supporting your applicationYou should be able to demonstrate some evidence of mathematical ability.Relevant work experience is not required but may increase your chances of acceptance.Relevant professional qualifications will be considered.Preference will be given to those with grades above the minimum requirements due to strong competition for places on this programme.Applications from current undergraduatesFinal year undergraduate students are welcome to apply, so long as your studies will be completed prior to the MSc programme commencement date.Equivalent overseas qualificationsThe minimum academic requirement is a UK 2:1/1st honours degree in a related subject or an equivalent overseas qualification. Some examples of equivalent qualifications are as follows.Canada – mid B+; 3.3+ (4 point scale); 7.3/8+ (9 point scale)China – 80-85%+; B+Germany – 2.5+ (reverse 5 point scale); Sehr Gut/GutIndia – 1st Class degree (60%+)Nigeria – 2:1South Africa – 2:1/1stUSA – GPA 3.25+ (4 point scale) English Language Requirements IELTS band: 7 CAE score: (read more) Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever. 80 (Grade A) TOEFL iBT® test: 100 IMPORTANT NOTE: Since April 2014 the ETS tests (including TOEFL and TOEIC) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

  • ✔️ Flexible study schedule
  • ✔️ Experienced teachers
  • ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Highly Skilled Workforce Scholarships

A number of Highly Skilled Workforce Scholarships are available. Each scholarship will cover full tuition fees for the programme and is available to Scottish-domiciled UK nationals and to all EU nationals. It will be awarded on the basis of academic merit and benefits to the student. Applicants should apply online using the University’s Postgraduate Master’s Online Scholarship Application Form, choosing the UK/EU Master's Scholarships option.

Deadline: This scholarship has two rounds of applications with deadlines of 1 May 2015 and 30 June 2015

Contact: scholarships@ed.ac.uk

Business School scholarships

Business School Commonwealth Scholarships

The Business School will offer five scholarships, each with a value of £10,000. The scholarships are available to students who are nationals of Commonwealth countries.

Deadline: The deadline for 2014 has passed. Please contact the office for further advice.

Contact: msc@business-school.ed.ac.uk

Business School European Scholarships

The Business School will offer up to ten European scholarships, each with a value of either £5,000 or £7,000. The scholarships are available to students who are nationals of European Economic Area countries.

Deadline: The deadline for 2014 has passed. Please contact the office for further advice.

Contact: msc@business-school.ed.ac.uk

Business School Latin American Scholarships

The Business School will offer five LATAM scholarships, each with a value of £10,000. The scholarships are available to students who are nationals of selected Latin American countries.

Deadline: The deadline for 2014 has passed. Please contact the office for further advice.

Contact: msc@business-school.ed.ac.uk

University of Edinburgh scholarships

Edinburgh Global Master's Scholarships

The University of Edinburgh will offer 40 Master's scholarships to students who are nationals of countries outwith the EU for postgraduate study in any subject offered by the University for the 2014-2015 academic session. Fifteen scholarships will have a value of £5,000 each, while a further fifteen scholarships will have a value of £3,000 each. These scholarships will be tenable for one academic year and will be deducted from tuition fees.

Deadline: Wednesday 1st of April 2015

Contact: scholarships@ed.ac.uk

UK/EU Master's Scholarships

A number of Master's Scholarships are available for the 2014-2015 academic session at the University of Edinburgh. Scholarships are available to UK and EU students already accepted on a full-time Master's degree programme in any subject offered by the University. The scholarships will cover the UK/EU tuition fee up to £8,100. The award of your scholarship will be automatically deducted from your tuition fee.

Deadline: Friday 1st of May 2015

Contact: scholarships@ed.ac.uk

Edinburgh Santander Master's Scholarships

Fifteen Edinburgh Santander Scholarships are available to students from eligible countries for postgraduate Master's study in any subject offered by the University. Each scholarship will have a value of £5,000.

Deadline: Wednesday 1st of April 2015

Contact: scholarships@ed.ac.uk

Other scholarship and funding opportunities

University of Edinburgh Graduate Discount Scheme

The University of Edinburgh offers a 10% discount in postgraduate tuition fees for all alumni who have graduated with an undergraduate degree from the University of Edinburgh.

Deadline: None

Contact: scholarships@ed.ac.uk

External scholarships

Chevening Scholarships

The Chevening Scholarship Scheme, funded by the Foreign and Commonwealth Office (FCO), targets the future generation of leaders, decision-makers and opinion-formers early in their careers. Globally, mora than 1,500 new scholarships will be awarded this year.

Deadline: Saturday 15th of November 2014

Contact: scholarships@ed.ac.uk

Commonwealth Scholarships

Commonwealth Scholarships are available for students from developing Commonwealth countries. These scholarships are funded by the UK Department for International Development (DFID). Interested students must apply to the nominating agency in their Commonwealth country of residence.

Deadline: See Commonwealth Scholarships webpage

Contact: scholarships@ed.ac.uk

Accreditation

The University of Edinburgh maintains good relationships with a number of accounting and finance professionals. There will be several guest lecturers from within the accounting and finance industry, and there will be the opportunity for students to meet with practitioners to discuss issues related to research or career opportunities.

MSc Accounting and Finance participates in the CFA Institute ® CFA Program Partner Initiative ("CFA PP"). This means that the MSc in Accounting and Finance is judged by the Institute as covering in some way at least 70 per cent of the CFA curriculum. The degree will therefore assist those who choose to study for the CFA qualification.

As a CFA Program Partner we are also required to teach a module on ethics and standards of professional practice. This will be done via workshops that will comprise a combination of lecture material, case studies, group discussion and guest lectures.

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