MA Accounting and Finance
UCAS code: NN43
Duration: 4 years
School: Business School
College: Arts, Humanities & Social Sciences
Introducing MA Accounting and Finance
The study of accountancy and finance provides an extremely strong platform to build a career within or outside the commercial world. Accountants play a crucial role in business. Their ability to measure financial information and make projections affects economic 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.
Accountancy is the fastest growing area of business activity. Equally the world of finance is a crucial aspect of contemporary business. This programme therefore offers a thorough understanding of both these disciplines.
This programme is 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)
You will study Accountancy 1A, an Introduction to Financial Accounting, and Accountancy 1B, an Introduction to Management Accounting.
You will also study Introduction to Financial Markets, Economic Principles and Economic Applications as well as Global Challenges for Business which introduces key concepts of management and business including strategy, finance, marketing and the management of people.
You will study Accountancy 2A, which deals with some of the more complex aspects of financial accounting, such as the preparation of financial statements and Accountancy 2B, which examines the more complex areas of management accounting.
You will learn about cost management topics and costing systems, including activity-based costing, transfer pricing and divisional performance.
You will study Introduction to Corporate Finance as well as Business Research Methods I: Introduction to Data Analysis and Career Development Planning.
The courses Applications of Finance and Business Analytics and Information Systems are recommended or you may choose one or two options from the following business courses: Organisational Behaviour; Business Economics; HR Management; International Business; Marketing; Business Simulation; Innovation and Entrepreneurship, Organising for Social Change: Creating Value and Impact.
You may take one or two course options in another subject area, subject to availability and timetabling constraints. The Business Law course is a further option taught by the School of Law and deals with the main areas of law relevant to accounting, economics and business.
You will study the compulsory courses Advanced Financial Accounting, Auditing, Management Accounting Applications and Investment and Securities Markets.
If your dissertation topic is in accounting you will take the compulsory course Business Research Methods II: Applications and Analysis; if your topic is in finance, your compulsory course will be Research Methods in Finance. You will also study one other course in finance or Decision Analytics.
You will choose two accounting courses from a range of options including Advanced Management Accounting; Audit Practice; Taxation Practices; Accounting and Everyday Life. You will also choose two courses in finance, for example, Corporate Finance, Futures and Options. You will also complete an accounting or finance based research dissertation.
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.
Teaching takes place across the Central Area campus. You will have access to all the University's libraries and computer facilities. Honours students have access to the Business School's Undergraduate Resource Centre, on level 11 of David Hume Tower.
The University's Business School exchange programme offers exciting opportunities to study abroad in Year 3 at one of our partner universities in Asia, Australia and New Zealand, Canada or the USA.
In Year 3, you may also study abroad through the University's international exchange programme. To participate in an exchange programme you need a strong academic performance in Year 1.
How will I learn?
Courses are taught through a combination of lectures, tutorials and computer workshops.
How will I be assessed?
You will be assessed on presentations, reports, essays, exams and individual and group projects.
Find out more about this programme's aims, what you will learn, how you will be assessed and what skills and knowledge you will develop.
To give you an idea of what to expect from 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.
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.
Some of our graduates decide to follow a different direction and pursue employment in management positions in the public and private sectors.
Typical offer range
The typical offer is likely to be:
- SQA Highers: AAAAA - ABBB.
- A Levels: AAB - ABB.
- IB: 43 points (grades 776 at HL) - 34 points (grades 655 at HL).
The access threshold for a contextual offer is:
- SQA Highers: ABBB.
- A Levels: ABB.
- IB: 34 points (grades 655 at HL).
Detailed requirements for all applicants
To be considered for an offer of a place all applicants must meet the following requirements:
- SQA Highers: ABBB by end of S5 or ABBBB/AABB from S4-S6. BBB must be achieved in a single sitting by end of S5. National 5 Mathematics at Grade B and English at Grade C.
- A Levels: ABB. GCSEs: Mathematics at Grade B or 6 and English at Grade C or 4.
- IB: Award of Diploma with 34 points overall and Grades 655 in HL subjects. SL: Mathematics at 5 or Mathematical Studies at 6 and English at 5.
We welcome applications from students studying a wide range of international qualifications.
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.
We welcome applications from mature students and accept a range of qualifications.
You must provide evidence that your written and spoken English is at a level that will enable you to succeed in your studies.
English language tests
If English is not your first language, you must have one of the following qualifications as evidence of your spoken and written English:
- IELTS Academic module overall 7.0 with 6.0 in each component
- TOEFL-iBT 100 or above with 20 in each section
- Cambridge English: Advanced or Proficiency overall 185 with 169 in each component
- Pearson Test of English (Academic): Total 67 with at least 56 in each "Communicative Skills" section
- Trinity ISE: ISE III with a pass in all four components
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 Grade C
- SQA Standard Grade 3
- SQA Intermediate 1 Grade A
- SQA Intermediate 2 Grade C
- GCSE Grade C or 4
- Level 2 Certificate Grade C
- IB Standard Level Grade 5 (English ab initio is not accepted for entry)
As this degree is very popular, we strongly recommend that international students apply by 15 January 2019.
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 Unistats data available.
If studying abroad in Year 3, your costs will vary by country. In Year 4 you will undertake a dissertation and, depending on the field of study you choose, there may be costs associated with undertaking surveys and conducting interviews.
For more information on how much it will cost to study with us and the financial support available see our fees and funding information.