Undergraduate study - 2022 entry
Open to the world

MA Accounting and Business

UCAS code: NN14

Duration: 4 years

Delivery: Full-time

School: Business School

College: Arts, Humanities & Social Sciences

Accreditation
Study abroad

Introducing MA Accounting and Business

Combine the study of accounting and business to prepare for the social, political and cultural challenges facing contemporary businesses, governments and not-for-profit organisations.

You will develop the personal and professional competences required to work across a range of roles in contemporary business including:

  • accountancy and finance
  • strategy
  • marketing
  • human resource management
  • data analytics
  • entrepreneurship and innovation

Taught by world-leading industry professionals and researchers, you can specialise in areas of business such as:

  • Global Business
  • Entrepreneurship and New Venture Creation
  • Eco Innovation
  • Future of Work
  • Theories and Techniques of Persuasion

Accounting

Accountancy is the fastest-growing area of business activity. The ability to measure financial information and make projections affects economic and organisational decision-making at all levels. Financial accountants report on the performance of an organisation, and management accountants provide financial information to help with planning and strategy.

Environment for learning

We offer a supportive and encouraging environment where you can grow and develop. Our student experience team offer an extensive range of pastoral and professional provision to support you on your undergraduate journey.

We provide many and varied opportunities for you to engage in co- and extra-curricular activities. Our dedicated Student Development Team can help you develop a range of essential business graduate competencies.

Further development opportunities

You may take undergraduate Edinburgh Awards supported by an alumni professional mentor and trained coaches:

  • Personal and Professional Development (Year 2)
  • Effective and Responsible Leadership (Year 3 or 4)

Edinburgh Award

You can also participate in a large number of business societies, business events and peer-support schemes.

Accreditation

Our School and programmes are accredited by a range of world-leading business education organisations and professional bodies, and we have strong links to the world of practice through research, consultancy and teaching.

This ensures that our School and programmes are:

  • attuned to world-leading thinking and practice in Business Education
  • actively and continuously engaging with, and responding to the needs of employers

It also ensures that you will be work-ready and prepared for entering the diverse range of globally available career opportunities post-graduation.

Details of our accreditation and rankings

This programme holds double accreditation from international ranking bodies:

  • Association to Advance Collegiate Schools of Business (AACSB)
  • European Quality Improvement System (EQUIS)

This Accounting and Business programme is also accredited by the:

  • Institute of Chartered Accountants of Scotland (ICAS)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Association of Chartered Certified Accountants (ACCA)
  • Chartered Institute of Public Finance & Accountancy (CIPFA)
  • Association of International Accountants (AIA)
  • Chartered Institute of Management Accountants (CIMA)

Professional accountancy membership

If you decide to undertake a professional accounting examination with an accountancy organisation (after you graduate), the proposed structure of the degree programme will allow you to be exempt from a number of subjects.

You can apply to join via the graduate entry route and will be awarded the appropriate exemptions (based upon our existing accreditation arrangements with the respective accountancy organisation) when you enrol for their professional examinations.

Professional membership to a professional accountancy organisation is subject to:

  • the terms and conditions specified
  • passing the required examinations
  • having a minimum period of work-related experience (as stipulated by the accountancy organisation)

Other terms and conditions may also apply. Check with the relevant accountancy organisation for full details.

Successful completion of the examinations and attainment of professional membership status with a professional accountancy organisation is regarded as a highly coveted and respected accounting qualification worldwide.

Year 1

Your studies will focus on key themes of understanding the nature of business including:

  • organisational forms
  • the impact of globalisation and global inequality
  • the shift to a low-carbon economy
  • the impact of technology and digital disruption

You will gain an insight into the practice of management by using examples of widely-used concepts and techniques in local businesses and the day-to-day role of managers. This will include guest lectures, cases and recorded interviews, developed in partnership with local organisations.

You will study Global Challenges for Business and The Business of Edinburgh which introduce key concepts of management and business including:

  • strategy
  • finance
  • marketing
  • management of people

Accounting

You will take two accounting courses where you will:

  • examine the basic principles and underlying concepts of accounting
  • explore the ways in which accounting statements and financial information can be used to improve the quality of decision-making
  • learn how accounting relates to the broader context of the strategic and operational aspects of business

You will also:

  • produce financial statements from the relevant transactions and events affecting organisations
  • analyse, interpret and facilitate the use of accounting information
  • relate accounting to the broader context of the strategic and operational aspects of organisations.

The study of internal management accounting systems places particular emphasis on cost calculation and control, and the provision of information for managerial decision-making and performance evaluation.

Economics

To complement your business and accounting, Economic Principles and Applications introduce you to the broad principles and applications of economics. If you would like to progress your study of economics further into your Year 2, you should choose Economics 1.

Year 2

You will broaden your knowledge of essential business subjects through the study of a compulsory course in statistical analysis and data interpretation.

Continue your study of Accounting, and a choice of courses in:

  • finance
  • marketing
  • innovation and entrepreneurship
  • organisation studies
  • international business
  • business analytics
  • organising for social change
  • business economics
  • business simulation

You may also choose other courses or continue with your studies in other subject areas from across the University (subject to availability and timetabling constraints).

Year 3

As you progress to the Honours level, you will take a compulsory course in Strategic Management and help prepare for your Dissertation (in Year 4) by extending your Business Research Methods training.

You will continue to specialise in your chosen area of accounting by studying:

  • Advanced Financial Accounting
  • Auditing and Management Accounting Applications

Optional courses

You will also choose one more specialist Honours courses in business, building on the knowledge and skills you gained in your Year 2. Examples of choices include:

  • global business
  • marketing
  • innovation and entrepreneurship
  • business economics
  • human resource management

Year 4

Your Management Honours Dissertation is central to year 4. You will conduct an independent research project on a topic of your choosing that is closely linked to your degree programme.

Your Dissertation will give you the opportunity to develop skills such as:

  • advanced project management
  • critical-thinking skills
  • cognitive skills
  • analytical skills
  • creativity
  • evaluative and written communication skills
  • developing, building and presenting arguments to a wider audience

You will be allocated a Dissertation advisor who will offer advice and guidance throughout your Management Honours Dissertation. You can also attend Dissertation support sessions and hangouts where you can:

  • share your experiences
  • learn from each other
  • get timely advice form the Dissertation team

You will also study two more Honours courses in both Accounting and Business.

Programme structure

Find out more about the compulsory and optional courses in this degree programme.

To give you an idea of what you will study on this programme, we publish the latest available information. However, please note this may not be for your year of entry, but for a different academic year.

Programme structure (2021/22)

Our facilities

The Business School is located in a dedicated Business School building in George Square, in the middle of the central campus.

All business teaching takes place across the central campus. However, you may be required (based on your course selection) to travel to the King’s Buildings if you are studying courses in Science and Engineering.

You will have access to:

  • specialist business resources in the central Main Library (books, journals, databases)
  • dedicated student experience and student development support

For specialist business analytics, business research and finance related courses, we have dedicated teaching labs (and associated software and databases). We also have our own Business School Cafe.

Study abroad

Studying abroad is a fantastic opportunity to gain an insight into the global business dimension, and the cultures and languages of the individual markets we deal with.

Depending on your degree, a year abroad might be compulsory or optional. To be inspired, read stories by Edinburgh students about their experiences abroad.

Student experiences abroad

Partner universities

A wide range of international experiences are available, including studying abroad at one of our partner universities and business schools in:

  • Australia
  • New Zealand
  • Canada
  • China
  • Japan
  • Singapore
  • Europe
  • USA

Business School partner universities (subject to change)

Your choice of partner university will depend on your degree programme/availability of courses in the subject area.

The benefits of studying abroad

Living and studying abroad will give you the opportunity to try new things such as:

  • learning a language
  • taking on new challenges
  • enhancing your academic perspective
  • visiting new places
  • meeting new people

Your self-confidence will improve and you will develop valuable skills for the future, all of which are highly valued by employers.

All Business School students have the option of studying abroad. However, you will need a strong academic performance in Year 1 (minimum first-year average 55 to 60%) to be offered a place at one of our partner universities/business schools.

How will I learn?

Teaching and learning employed within the Business School (and in other Schools where you may take courses outside the business area) embrace a variety of different methods including:

  • lectures (led by a lecturer or guest speaker, with usually a large number of students attending at one time)
  • computer laboratories (smaller groups of students attending to learn software packages and data interpretation and analysis)
  • workshops (smaller groups of students working with a tutor on particular practical problem-based learning)
  • tutorials (tutors engaging small groups of students in discussion and analysis, and where you might undertake peer group projects and presentations)
  • one-to-one meetings with course lecturers/tutors/directors of studies;
  • independent learning throughout your studies (in particular for your Honours dissertation research)

You will be taught by:

  • experienced subject-specific lecturers
  • industry professionals
  • research-led academics
  • internationally renowned guest speakers

We have a number of leading academics who have designed and developed courses specific to their research, particularly at Years 3 and 4.

Support for learning

We offer a motivating and encouraging environment where you can grow and develop as an independent learner.

You will be allocated a personal tutor in your first year and they will guide and support you throughout your studies, and our dedicated student experience team also offer an extensive range of pastoral and professional provision to ensure your personal and academic well-being.

We also have an excellent peer support service who can help you develop your study skills. The university offers a ‘one-stop shop’ – EdHelp – where you can get help and advice on everything from finance to counselling, accommodation, and accessing IT and library resources.

EdHelp

Teaching during Covid-19

We are delivering hybrid teaching for on-campus students during the 2020-2021 academic year. Our teaching model for 2021-2022 will depend on Covid-19 restrictions at the time. We will provide you with regular updates on what to expect throughout the application process.

How will I be assessed?

Courses are assessed by a diverse and innovative range of methods and often take the form of formative work, which provides you with on-going feedback, as well as summative assessment, on which your final course grade is achieved.

Some of the assessment methods you may experience are:

  • blogs (written and/or video)
  • business plan and/or feasibility analysis
  • case study analysis
  • computer-based timed assignments
  • consultancy reports
  • reflective diaries/journals
  • essays
  • exams – these might be closed book, multiple choice, oral (group or individual), short questions, seen case study/unseen exam question, open book, timed submission, etc.
  • pitches
  • portfolios (paper and/or online)
  • posters
  • presentations (face-to-face/video; group and individual)
  • projects (group and individual)
  • technical workshops
  • workbooks
  • the dissertation

Many of your assessments will involve industry engagement, real case examples, and practical solutions to contemporary business problems.

A very small number of courses are assessed using only a single, written examination or coursework assignment. Most courses employ two or more different forms of assessment, and a growing number combine both individual and group-based activities to develop both subject-specific knowledge and transferable skills.

Accounting and business graduates are highly valued by employers across the world and graduates of our programmes are highly sought after by a wide range of employers.

Our graduates secure employment in a diverse range of fields, the most popular being:

  • accountancy
  • management
  • consulting
  • finance
  • marketing
  • human resources

Accountancy graduates can train to become a qualified accountant through a traineeship with an accountancy or commercial firm. Alternatively you can choose a career in taxation, finance or banking.

During your time as a student in the Business School and following graduation, the Careers Service will help you fully develop your potential and achieve your future goals.

Careers Service

Standard entry requirement

The standard entry requirement is:

  • SQA Highers: AAAAA-AAAA (achievement by end of S5 preferred). BBB must be achieved in one year of S4-S5.
  • A Levels: AAA - ABB.
  • IB: 37 points with 666 at HL - 34 points with 655 at HL.

Minimum entry requirement

The minimum entry requirement for widening access applicants is:

  • SQA Highers: ABBB by end of S6. BBB must be achieved in one year of S4-S5.
  • A Levels: ABB.
  • IB: 34 points with 655 at HL.

More information for widening access applicants

Required subjects

The grades used to meet our entry requirements must include:

  • SQA: Highers: no specific Higher subjects required. National 5s: Mathematics at B and English at C.
  • A Levels: no specific A Level subjects required. GCSEs: Mathematics at B or 6 and English at C or 4.
  • IB: HL: no specific subjects required. SL: English at 5 and either Mathematics at 5 or Mathematical Studies at 6.

Find out more about entry requirements

International applicants

We welcome applications from students studying a wide range of international qualifications.

Entry requirements by country

International Foundation Programme

If you are an international student and your school qualifications are not accepted for direct entry to the University you may be eligible for admission to this degree programme through our International Foundation Programme.

International Foundation Programme

Mature applicants

We welcome applications from mature students and accept a range of qualifications.

Mature applicant qualifications

You must demonstrate a level of English language competency at a level that will enable you to succeed in your studies, regardless of your nationality or country of residence.

SQA, GCSE and IB

For SQA, GCSE and IB students, unless a higher level is specified in the stated entry requirements, a pass is required in English at the following grades or higher:

  • SQA National 5 at C
  • SQA Standard Grade at 3
  • SQA Intermediate 1 at A
  • SQA Intermediate 2 at C
  • GCSE/IGSCE at C or 4
  • Level 2 Certificate Grade C
  • IB Standard Level at 5 (English ab initio is not accepted for entry)

English language tests

We accept the following English language qualifications at the grades specified:

  • IELTS Academic module overall 7.0 with 6.0 in each component
  • TOEFL-iBT (including Special Home Edition) 100 or above with 20 in each section. We do not accept TOEFL MyBest Score to meet our English language requirements.
  • Cambridge English: Advanced or Proficiency overall 185 with 169 in each component
  • Trinity ISE: ISE III with a pass in all four components

We also accept a wider range of international qualifications and tests.

English language qualifications must be no more than three and a half years old from the start date of the degree you are applying to study, unless you are using IELTS, TOEFL, or Trinity ISE, in which case it must be no more than two years old.

English language requirements

As this degree is very popular, we strongly recommend that international students apply by 15 January 2022 as we can't guarantee to consider all applications after this date.

This information is part of a government initiative to enhance the material that higher education institutions provide about their degree programmes.

It is one of many sources of information which will enable you to make an informed decision on what and where to study.

Please note that some programmes do not have Discover Uni data available.

Tuition Fees

Tuition fees for MA Accounting and Business

Additional costs

If studying abroad in Year 3 is a compulsory part of your degree programme (International Business), your costs will vary depending on the country/partner university. Additional costs may include:

  • insurance
  • visa requirements
  • accommodation
  • internet access
  • travel

In Year 4 you will undertake a Dissertation as a compulsory assessment component. Depending on the field of study you choose, there may be costs associated with:

  • undertaking surveys
  • travel
  • conducting interviews

Details of student living costs

Funding

For more information on how much it will cost to study with us and the financial support available see our fees and funding information.

Fees and funding