A master’s in accounting allows international students to improve their career prospects by equipping them with the 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. 16 out of the top 100 universities in the world for studying accounting and finance courses are also in the UK (QS World University Rankings by Subject 2025).
Learn more about postgraduate accounting courses below and begin your application by arranging a free consultation with StudyIn today.
Gaining an MS Accounting Degree
To study for an MS accounting degree in the UK, students must first study for an MSc in Accounting and Finance, the most popular master’s degree in accounting. However, universities like Cambridge provide the Master of Accounting (MAcc).
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.
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 day-to-day issues as an accountant.
Entry requirements for Master’s in Accounting
Applicants typically require a first or upper-second-class honours degree (2:1 or international equivalent) in accounting, finance, or a highly quantitative subject to study postgraduate courses in the UK. Students often need to secure a competitive GMAT or GRE score, particularly for elite business schools, with a strong performance in the quantitative sections. Proficiency in English is also required, usually evidenced by an IELTS score of 6.5 to 7.0.
Documents required for Master’s in Accounting
- Personal statement
- Transcripts of all educational qualifications
- Updated CV
- Passport copy
- Passport size photographs
- Financial documents (loans taken, income tax details, bank statements)
Top Five UK Universities for Master’s in Accounting
According to the QS World University Rankings, the top universities to study master’s in accounting in the UK are:
Renowned globally for its academic and research prowess, the University of Oxford is among the highly acclaimed universities for accounting studies. Located in the historic city of Oxford, this institution offers a Master of Science in Taxation, providing students with an in-depth understanding of financial reporting, auditing, and corporate finance. Oxford graduates are highly sought-after by top accounting firms and financial institutions globally.
- Suggested course: MSc in Taxation
- Entry requirements: A first-class or strong upper second-class undergraduate degree (2:1) in a relevant discipline, usually with evidence of quantitative ability and a high GPA.
Located in the heart of London, LSE is renowned for its economics, finance, and accounting expertise. The institution offers a Master of Science in Accounting and Finance, attracting ambitious students from around the globe. LSE’s programme focuses on critical thinking and analytical skills, preparing graduates for accounting, consulting, and financial analysis roles across various sectors.
- Suggested course: MSc Accounting and Finance
- Entry requirements: An upper second-class honours degree (2:1) or international equivalent in a subject with a strong accounting and finance background. GMAT is often required for non-UK graduates.
The University of Cambridge offers a Master of Philosophy in Accounting, a programme highly regarded for its interdisciplinary approach and cutting-edge research in accounting theory and practice. Situated in the picturesque city of Cambridge, students benefit from access to leading experts in the field and unparalleled networking opportunities with industry leaders.
- Suggested course: MPhil in Finance
- Entry requirements: A UK First-class honours degree or international equivalent in a highly quantitative subject. Applicants must demonstrate exceptional academic standing.
As one of the world’s top business schools, LBS offers a Master of Science in Accounting and Financial Management, blending rigorous academic training with practical insights from industry practitioners. Situated in the vibrant city of London, students benefit from LBS’s extensive corporate connections and access to London’s financial hub, enhancing their career prospects in accounting and beyond.
- Suggested course: Masters in Finance
- Entry requirements: A strong undergraduate degree in a relevant field and a competitive GMAT/GRE score. Significant relevant work experience is typically required for this specific programme.
Known for its focus on innovation and entrepreneurship, Imperial College London offers a Master of Science in Accounting and Finance, integrating cutting-edge research with practical applications in accounting and financial management. Located in London, students at Imperial benefit from a dynamic learning environment and opportunities to collaborate with leading experts in technology and finance.
- Suggested course: MSc Finance & Accounting
- Entry requirements: A first or 2:1 honours degree in a quantitative discipline such as Finance, Economics, Mathematics, or Engineering. Strong performance in quantitative modules is essential.
Explore Your Options
At StudyIn, we specialise in helping students secure places at the UK’s most prestigious institutions. Whether you are aiming for the London School of Economics or the University of Oxford, our consultants provide tailored support for your personal statement, GMAT preparation advice, and comprehensive visa guidance.
Learn more by arranging a free consultation today.
FAQs
Is a GMAT score mandatory for all UK accounting master’s?
Not all universities require a GMAT, but it is highly recommended and often mandatory for top-tier institutions like LSE, Oxford, and London Business School. Having a high score can significantly strengthen your application even at universities where it is optional.
Can I study accounting if my bachelor’s was not in finance?
Most MSc Accounting and Finance programmes require a background in a quantitative subject. If your degree was in an unrelated field (like humanities), you might need to complete a Graduate Diploma or a Pre-Masters course in accounting before applying for the full MSc.
Are there professional exemptions (ACCA/CIMA) with these degrees?
Many UK Master’s degrees in accounting are accredited by professional bodies. Depending on the modules you choose, you may be eligible for exemptions from several ACCA or CIMA fundamental-level exams, fast-tracking your path to becoming a Chartered Accountant.
What is the average salary for accounting graduates in the UK?
Graduate salaries in accounting are very competitive, often starting between £28,000 and £35,000, while those entering the “Big Four” firms in London can expect higher starting packages and rapid salary progression upon qualification.
