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Overview

MSc Accounting & Finance has been developed in partnership with the Association of Chartered Certified Accountants (ACCA) and prepares you for a successful career in finance and accounting in various business environments.

The MSc in Accounting & Finance (ACCA Route) build upon your first business / accounting related degree and offers both full time and part time opportunities to study towards a Master’s degree and, at the same time, prepare you for the ACCA’s professional exams.

Career prospects

Graduates will have many career options in finance and accounting, including senior management posts, in industry and commerce e.g. financial accountant, business analyst, financial analyst, treasurer, risk manager, internal auditor, and management accountant.

Students may wish to fully complete their professional accreditation with ACCA as the primary aim of this programme is to accelerate careers in the accountancy profession. The ACCA qualification ultimately leads to professional recognition and, with industry experience, to chartered and certified status.

Other progression routes include a research career or further study with an MBA, PhD, or DBA.

Association of Chartered Certified Accountants (ACCA)

This MSc prepares students for the rigours of professional level examinations that are required at the advanced level of the ACCA professional programme.

ACCA is one of the world’s leading professional accounting bodies. ACCA has more than 200,000 fully qualified members and 486,000 students in 180 countries worldwide.

Find out more about ACCA

Entry Requirements

What qualifications do you need?

We welcome Scottish, UK and international students and consider all applicants on an individual basis.

Don’t worry if your qualifications are not listed here, we take a range of factors into account when assessing your application and are happy to consider other alternative combinations of qualifications and experience

If you are applying with an EU or non-EU qualification, please check our Postgraduate Entry Requirements page which gives more information about country-specific entry requirements.

Academic Requirements

  • A Bachelor of Accounting Honours degree (BAcc(Hons)) at 2:1 classification, or above, or a related Honours degree in Accounting / Finance also at 2:1 classification, or above.
  • Applicants must also be in possession of exemptions from the ACCA ‘applied knowledge level’ modules (formerly known as papers F1 to F3) and the ‘applied skills level’ modules (formerly known as F4 to F9), or be in the process of applying for these exemptions. The exemptions must be in place before enrolment on the programme. Evidence of the exemptions must be provided.

English Language Requirements

English language requirements for most courses

For applicants whose first language is not English, the University sets a minimum English Language proficiency level. The qualifications below must have been gained within two years of the start of your course.

General English language requirements at UWS: International English Language Testing System (IELTS) Academic module (not General Training)

  • overall score 6.0
  • no sub-test less than 5.5

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall; no sub-test less than 169
  • Trinity College London Integrated Skills in English: ISEII with the minimum of a Pass in all sub-tests
  • PTE Pearson Academic English: An overall score of 54 with no element below 51 (for programmes that require IELTS 6.0 with no element below 5.5). An overall score 61 with no element below 51 (for programmes that require IELTS 6.5 with no element below 6.0)

 

IELTS Score Exceptions (DBA, Certificate of Higher Education, PhD, etc.)

For our research degrees (MRes, MPhil, PhD, DBA, DProf), applicants are required to have an IELTS score as follows:

  • overall score of 6.5
  • no sub-test less than 6.0

For Health, Nursing & Midwifery courses that lead to professional registration with the Nursing & Midwifery Council, applicants are required to have an IELTS score as follows:

  • overall score of 7.0
  • no sub-test less than 7.0

For our Certificate of Higher Education courses, applicants are required to have an IELTS score as follows:

  • overall score of 5.0
  • no sub-test less than 4.5

 

TOEFL IBT

TOEFL IBT*: 78; no sub-test less than:

  • Reading: 17;
  • Listening: 17;
  • Speaking: 17;
  • Writing: 17

* Please note that TOEFL is still acceptable for admission to this programme for both home/EU and international students.
For international students, the Home Office has confirmed that the University can choose to use TOEFL to make its own assessment of English language ability for visa applications to degree level courses. We therefore still accept TOEFL tests taken in the last two years for admission to this programme.

 

West African Senior School Certificate of Education (WASSCE)

West African Senior School Certificate of Education (WASSCE) including acceptance of WAEC Scratchcard*

  • C6 or above in English

*UWS will accept a WAEC scratchcard confirming that an applicant has achieved C6 or above as evidence of meeting English language requirement from Nigeria if the student graduated within the last 5 years. After 5 years applicants would be required to provide the WAEC Certificate.

 

Pre-sessional courses

Applicants who do not meet the minimum English language requirements have the option to study one of our preparatory and pre-sessional English courses. The UWS courses available are:

  • 10 week pre-sessional - entry criteria UKVI IELTS 5.0 with no element below 4.5.
  • 5 week pre-sessional - entry criteria UKVI IELTS 5.5 with no element below 5.5.
  • English Language for University Study - entry criteria UKVI IELTS with score of 4.0 in all elements (10 month course), or 4.5 with no score below 4.0 (7 month course).

Course details

There are four core modules on the taught element of the Master’s programme:

  • Strategic Business Leader (ACCA Route) (core, 30 credits)
  • Strategic Business Reporting (ACCA Route) (core, 20 credits)
  • Advanced Financial Management (ACCA Route) (core, 10 credits)
  • Advanced Performance Management (ACCA Route) (core, 20 credits)

You will also take one optional 20 credit module from a list of related modules.

Successful completion of the taught modules allows you to proceed to the master's dissertation module. This can either take the form of a formal, research-informed dissertation, or as an agreed and approved work-based project from which a researched report will be completed.

Teaching & Assessment

The core modules will use a flipped classroom approach as their learning and teaching strategy, with students supporting each other through collaboration and group work.

Academics have the roles of guides/facilitators in the learning, thus encouraging a learning partnership approach.

Problem-solving will be a key element of the learning and teaching approach, with case studies used in the core modules to simulate real-life financial and business scenarios and used to identify, exemplify, analyse and criticise theory and practice of accounting & finance.

UWS's Virtual Learning Environment (Moodle) will provide additional support materials but students will also have access to the extensive learning tools devised by ACCA for study at the professional level.

Learning is supported by our highly qualified and skilled professional accounting and finance team and by excellent materials prepared by both the University and by ACCA.

ASSESSMENT (Core Modules)

  • Unseen case study-focused exams: 70%
  • Coursework assignments: 30%

The exams will follow the format and style of the ACCA examinations, and you will eligible to sit the relevant ACCA exam following completion of the equivalent Master’s module.

Course Structure

Find out more about the structure, learning outcomes, compulsory and optional modules in this course.

MSc Accounting & Finance (ACCA) course structure

Postgraduate Tuition Fees

MSc Accounting & Finance - ACCA (Scottish Campuses) 2019/20

Scottish & EU

£6,850 per year of study

English, Northern Irish & Welsh

£6,850 per year of study

Channel Islands & Isle of Man

£6,850 per year of study

International (Non-EU)

£12,600 per year of study

More on current & future tuition fees

Student Awards Agency Scotland (SAAS) postgraduate tuition fee and living cost loans may be available for eligible (Scottish/EU) students. Check SAAS website for more information.

Additional Costs & Sources of Funding

The cost of attending university is an investment in your future career.

In addition to tuition fees and living expenses, some courses involve extra costs like study materials, field trips, equipment and uniforms.

Fortunately, there is a great deal of financial support available to help students meet the cost of their study. This ranges from:

  • statutory government loans to pay for tuition fees
  • scholarships for Scottish, EU and International (non-EU) students
  • bursaries to help towards living expenses

The sections below provide details of additional costs that your course may involve along with any financial support that may be available.

You can also find additional information in our Postgraduate Money, Fees & Funding section.

Additional Costs

Students on certain degrees will incur some additional costs not covered by their tuition fees. These could be for things like specialist equipment, study materials, work placements, graduation, membership of relevant organisations or costs related to carrying out fieldwork.

For students on course with an element of fieldwork, there may also be extra costs for travel and accommodation.

Please contact the course leader for details of the additional costs associated with this course.

Tuition fee includes fee and examination course materials for the 4 x ACCA exams – Strategic Business Leader, Strategic Business Reporting, Advanced Financial Management and Advanced Management Accounting.

Tuition Fees & Living Cost Support

Tuition Fees & Additional Costs

Tuition fees are calculated based on where you are from and what you are studying. Some courses also involve additional costs, such as mandatory field trips, equipment or studying abroad.

Find out how much it will cost you to study at UWS as a postgraduate student.

Funding for Scottish Students

Scottish students studying at postgraduate level at UWS are entitled to various funds and support towards tuition fees and living costs.

Find out more.

Funding for English, Welsh & Norther Irish Students

English, Welsh and Northern Irish students studying at postgraduate level at UWS are entitled to various funds and support towards tuition fees and living costs.

Find out more.

Funding for EU Students

EU students studying at postgraduate level of UWS may be eligible for SAAS funding, as well as support to meet the costs of childcare and various sources of additional funding.

Find our more.

Funding for International Students

There are several scholarship and incentive schemes available to international students studying at postgraduate level at UWS, as well as support to meet the costs of childcare and various sources of additional funding.

Find out more.

Other Financial Support

Discretionary & Childcare Funds

UWS administer a range of discretionary and childcare funds. These are designed to support students who are experiencing financial difficulty or struggling to meet the costs of childcare.

Find out more.

Benefits & Tax Credits

Becoming a student can have an impact on your entitlement to certain benefits. It may mean you are no longer eligible to claim a benefit you have been receiving, or your new income from student funding may affect the amount you are able to receive.

Find out more.

Additional Financial Support

If there isn’t a statutory source of funding for you or your course, or you are in need of additional financial support, you may wish to consider more alternative sources of funding such as trust funds and scholarships.

Find out more.

Money & Debt Advice

Choosing to become a student can have a big impact on your budget and you may need to reassess your spending to account for a reduced income. We’ve put together some guidance to help you manage your money and make the right financial choices for you and your family.

Find out more.

How to apply

Postgraduate courses (MA, MSc, MEd, MBA, DBA, PG Cert, PG Dip, etc.) & some Post-experience courses (CertHE, BA, Grad Cert, Grad Dip, etc.)

All students should apply directly to the University through our online application system. Before you apply, you should check that you meet our entry requirements and you should have all your supporting documents ready.

The first stage of the process is to create a profile; you don't have to complete the application in one session - you can complete it in stages by saving each section and return to complete it at a later date.

You will need to upload documents with your applications, which may include transcripts and degree certificates.

Most courses don't have a formal closing date, but they will close when they are full; apply early to avoid disappointment. There may also be funding deadlines that apply to you.

Before you begin your application, it is important to read the Postgraduate & Post-Experience application step-by-step guide for a smooth process.

 

An ATAS certificate is not required for overseas students applying for this course.

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Research at UWS

With cutting edge facilities, specialist knowledge and world-leading and internationally excellent expertise, we aim to develop research outputs that have a tangible, early and positive impact on society across the globe.

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We will always try to make sure that we publish accurate course information but we do not accept responsibility for any mistakes or omissions. We will also try to make sure that we deliver our courses in line with our published information. However, we may not always be able to do so and you can find further information about this in our enrolment terms and conditions.