Masters in Accounting and Finance in UK

The United Kingdom has established itself as an accounting and finance education centre. The Master of Finance degree at UK universities is a challenging curriculum with high expectations. Masters in Accounting and Finance in the United Kingdom have set a new standard in the world of education, allowing international students, such as Indian students, to master advanced finance skills and develop knowledge.

Accountants and financial experts are needed worldwide to help businesses make informed, strategic decisions that will allow them to expand and thrive in a competitive market. A master's degree in Accounting and finance in the UK will teach you how to make these crucial investment decisions in various business situations.

Masters in Accounting and Finance in UK: Course Highlights

Program

MSc 

Course

Accounting and Finance 

Duration of the Course

1 to 2 years 

Eligibility

English Language Proficiency is necessary for eligibility.

Entrance Exams

TOEFL, IELTS 

Tuition Fees

22,000 GBP

Jobs

Accountant, financier, hedge funds manager, Bank manager, etc.

Average Salary

110,000 GBP

Why Masters in Accounting and Finance in UK?

The UK is home to some of the best business schools in the world. These universities will give you the knowledge and the opportunity to build a solid social network. Students come from all over the world to the UK to study. This creates an attractively diverse population in the student body. 

Who Should take Masters in Accounting and Finance in UK?

Studying Masters in Accounting and Finance is open to students with bachelor's degrees in Accounts, finance, or any other related field.

Some courses accounting and Finance courses are:

  • MSc Accounting and Finance
  • MSc Finance
  • MSc Quantitive finance
  • MSc Accounting. 

Top Universities In Uk For Masters In Accounting And Finance

University Name

QS World Ranking 

City

University of West London

25

London 

Manchester Metropolitan University

41

Manchester

Coventry University 

56

Coventry 

University of Central Lancashire

104

Lancashire 

Leeds Beckett University

120

Leeds

Cost of Studying Masters in Accounting and Finance in UK

The cost of a master's degree in Accounting and Finance in the United Kingdom varies based on the university's location. If you opt to study in the UK, you'll have to pay for student visa fees, application fees, and more. Due to the exclusive and supplementary educational services given by private institutions, studying at a private university in the UK is more expensive for international students.

Tuition Fees

University Name 

Program 

Duration 

Tuition Fees in INR 

University of Edinburgh 

MSc Accounting and Finance

1 to 2 years

26.9 Lakhs

University of West London 

MSc Quantitive finance 

1 to 2 years

29.7 Lakhs 

University of Manchester 

MSc Finance

1 to 2 years 

25.3 Lakhs 

University of Leeds 

MSc Accounting 

1 to 2 years 

25.1 Lakhs

University of Warwick 

MSc Accounting and Finance

1 to 2 years

28.5 Lakhs

Cost of Living in UK

While the cost of living in any region is determined by your personal preferences, the cost of living in the United Kingdom is determined by the city in which you reside. Although it is challenging to decide on an exact price for what will be spent, we can estimate the cost of living. 

These are tabulated below: 

Kind Of Expenses

Amount in GBP

Student accommodation

500

Food expenses

200

Transportation Charges

150

Entertainment 

100

Internet charges 

70

Clothing 

50

Restaurant meal

25

Eligibility Criteria to Study Masters in Accounting and Finance in UK

  • A bachelor's degree in accounting, finance, or a related field from a recognised institution is required.
  • Suppose the candidate has never previously studied at an undergraduate or postgraduate level in the United Kingdom. In that case, several universities in the United Kingdom consider the GRE mandatory.
  • If you are a non-native English speaker, you must take a language proficiency test such as the IELTS, TOEFL, or PTE to demonstrate your language skills.

Exams Required to Study Masters in Accounting and Finance in UK

University Name

Accepted Exams 

Minimum Band Requirement 

University of Edinburgh

IELTS 

7.0

University of West London 

IELTS 

7.0

University of Surrey

IELTS 

6.5

Coventry University 

IELTS 

6.5

Leeds Beckett University

IELTS

6.5

University of Manchester 

IELTS 

7.0

Scholarships for Masters in Accounting and Finance in UK

Name of the Scholarship 

Details 

Eligibility

Amount In GBP

Business School International MSc Scholarship

Scholarship given by University of Edinburgh 

Must be an international student 

10,000

MSc Finance Future Leaders Scholarship

International scholarship given by Imperial College 

Must be an international student

25,000

Alliance MBA Masters Scholarships for International Students

International scholarship given by University of Manchester 

Must be an international student 

10,000

Global Accounting and Finance Scholarship

University of Bristol academic scholarship given to international students 

Must be an international student 

5000

WBS Scholarships

University of Warwick scholarship for outstanding international students

Must be an international student 

9000

Jobs after Masters in Accounting and Finance in UK

Accounting and finance are two areas of study that can lead to various professional opportunities for those with postgraduate degrees. Masters in Accounting and Finance prepare students for different prospective employers in finance, investment, accounting, and banking.

Here are just a few of the jobs you could get after finishing your master's in finance and accounting:

Job Profile 

Salary in GBP

Writer 

80,000

Proofreader 

70,000

Portfolio Manager

100,000

Hedge Funds manager 

200,000

Investment Banker

100,000

How to Apply for Masters in Accounting and Finance in UK?

  • The first step in applying for a Masters in Accounting and Finance in the United Kingdom is to search for the university that best fits you and your budget.
  • Next, research the application dates for the UK universities and institutes to which you plan to apply. As an Indian student, you should start the application process at least a year to six months in advance to allow adequate time to complete the admission examinations and English tests and submit your application by the deadline.
  • International candidates must submit their IELTS and TOEFL exam scores as part of the third phase in the UK university admissions process. This is done to guarantee that you have proof of English competence.
  • The next step in your application process is to collect all relevant test results and papers. Students should start composing their Statement of Purpose, get letters of recommendation from teachers and supervisors, and compile financial records and other documents, such as test results.
  • After gathering your documents, begin filling out application forms on the university's websites. Students who wish to apply to UK institutions that accept direct applications should first visit the university's official website. They will need to select courses, pay tuition, and begin the application process online.

Still unclear about anything? Well, not to worry. Contact AECC Global and get your queries answered today!

AECC Global is one of the world's leading educational consultancies with versatile expert professionals ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.


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