The UK is one of the best places to consider getting a degree in accounting and finance. The country has a long history of financial competence and is home to some of the best universities in the world that provide globally renowned accounting and finance degrees. In this in-depth blog, we will go through the top universities for accounting and finance in the UK with a special emphasis on the London School of Economics and Political Science, the University of Aberdeen, the University of Warwick, the University of Edinburgh, and the University of Bath. These universities have been ranked top in the country for accounting and finance by the “Guardian” for the current year. To further assist you in starting this educational adventure, we will go into detail about the general admission requirements and fees for overseas students.
Overview: Top Universities for Accounting and Finance in the UK
| Number of universities | 115 (source: Guardian) |
| Number of courses | 843 (source: Guardian) |
| Course levels | Undergraduate and graduate |
| Duration | 3-4 years (undergraduate) and 1-2 years (graduate) |
| Annual tuition fees for international students | £20,000 to 38,000 |
Why Study Accounting and Finance in the UK?
Internationally ranked universities: The UK boasts a rich academic heritage, with accounting and finance universities consistently ranking among the world’s best. The London School of Economics and Political Science, the University of Aberdeen, the University of Warwick, the University of Edinburgh, and the University of Bath have been ranked top in the country for accounting and finance.
Dynamic learning environment: The top-tier faculty, facilities, and cutting-edge curriculum provide a dynamic environment for students to learn. The educational curricula for accounting and finance are designed to boost critical thinking, and problem-solving through interactive teaching methods.
Ample opportunities for networking and internships: The UK’s business landscape is a hub of global commerce and innovation. It offers ample opportunities for internships, networking, and hands-on experiences to students. This exposure widens the career prospects of accounting and finance graduates.
Diversity: Accounting and finance universities in the UK have a vibrant international community with ample diversity beneficial for today’s interconnected world.
Post-study work visa: The UK offers a post-study work visa that allows international graduates to work in the UK after completing their degrees. International students can also work while studying in the country.
Wide employment options: The UK being a global financial hub offers plenty of employment opportunities for accounting and finance graduates. HSBC Holdings, Lloyds Banking Group, Aon Plc, Prudential, Standard Chartered, etc., are some of the largest UK companies that hire accounting and finance graduates.
Rankings: Top Universities for Accounting and Finance in the UK
| University Name | Guardian Ranking 2023 |
| London School of Economics and Political Science | 1 |
| University of Aberdeen | 2 |
| University of Warwick | 3 |
| University of Edinburgh | 4 |
| University of Bath | 5 |
| University of Glasgow | 6 |
| Bangor University | 7 |
| Durham University | 8 |
| University of Leeds | 9 |
| University of Strathclyde | 10 |
Top Universities for Accounting and Finance in the UK
London School of Economics and Political Science
The London School of Economics and Political Science, frequently referred to as LSE, is a world-renowned institution that excels in the field of accounting and finance. Established in 1895, it is a public research university located in London, England and a member institution of the University of London. LSE consistently ranks first in the UK and is among the top universities in the world for accounting and finance. It boasts a distinguished faculty with expertise in various areas of accounting and finance. The institution is also home to several research centers and institutes, fostering groundbreaking research in these fields. LSE’s Department of Accounting delivers undergraduate and postgraduate programs in accounting and finance.
| Course Name | Duration | Annual Tuition Fees |
| BSc Accounting and Finance | 3 years | £27,192 |
| MSc Accounting and Finance | 9 months | £34,128 |
University of Aberdeen
The University of Aberdeen, situated in Scotland, was founded in 1495 as a public research university. It is another esteemed institution offering excellent programs in accounting and finance. The university is the 2nd best university in the country for Accountancy and Finance (The Guardian University Guide 2023). The university’s faculty members are actively engaged in research in areas such as corporate finance, financial markets, and accounting practices.
The University of Aberdeen offers an integrated honors degree program and an MSc program in accounting and finance.
| Course Name | Duration | Annual Tuition Fees |
| Accountancy and Finance, MA | 4 years | £20,800 |
| Accounting and Finance, MSc | 1-2 years | £27,000 |
University of Warwick
The University of Warwick is a public research university located in Coventry. It is renowned for its strong programs in accounting and finance, consistently ranking among the top institutions in the UK. It is home to 9,500+ students from over 147 countries worldwide. The university’s dedicated faculty is involved in cutting-edge research in areas such as business and leadership, management, medicine, etc.
It offers undergraduate and graduate programs in this field providing the skills, knowledge, and confidence to operate effectively in the fast-paced global financial market.
| Course Name | Duration | Annual Tuition Fees |
| Accounting and Finance (BSc) | 3 years | £29,830 |
| Accounting and Finance (with Foundation Year) | 4 years | £29,830 |
| Accounting and Finance (with Placement Year) | 4 years | £29,830 |
| Accounting and Finance (MSc) | 1 year | £38,000 |
University of Edinburgh
Founded in 1583, The University of Edinburgh is a public research university based in Edinburgh, Scotland. It is one of the oldest and most prestigious institutions in the UK and offers exceptional programs in accounting and finance.
The Business School at the University of Edinburgh delivers the following programs in accounting and finance. These courses are taught by distinguished faculty engaged in cutting-edge research in finance, accounting, and related fields.
| Course Name | Duration | Annual Tuition Fees |
| MA Accounting and Finance | 4 years | £26,500 |
| Accounting and Finance MSc | 1 year | £39,500 |
University of Bath
The University of Bath, located in the picturesque city of Bath, was established in the year 1966. This public university is highly renowned for its outstanding programs in accounting and finance. The university also offers degrees in subjects including engineering, humanities, management, science, and social science.
The courses in accounting and finance are offered by the School of Management at the University of Bath. These courses are
| Course Name | Duration | Annual Tuition Fees |
| Accounting and Finance
BSc (Hons) |
3 years | £25,700 |
| Accounting and Finance
BSc (Hons) with work placement |
4 years | £25,700 |
| Accounting and Finance
MSc |
1 year | £32,000 |
Admission Requirements for Accounting and Finance in the UK
Undergraduate Courses
High school education: Accounting and finance universities in the UK require students to have high school level education which can be International Baccalaureate Diploma, A levels, international qualifications, etc.
English language proficiency: Submitting English language proficiency scores is compulsory for applicants whose first language is not English. UK universities accept IELTS normally with a minimum overall grade of 6.5 (no individual band less than 5.5).
Other admission requirements: As a part of the admission process, international students are also required to have a study visa, a valid passport, reference letters, a statement of purpose, etc. They must also provide financial proof to cover their fees and living expenses in the UK.
Graduate Courses
Bachelor’s education: Accounting and finance universities in the UK require students to have an undergraduate education to be admitted to graduate-level courses. Students must have a bachelor’s degree in accounting and finance or any other related field from an accredited university.
GRE/GMT: Many universities ask applicants without a UK undergraduate degree to submit GRE/GMAT test scores with their application.
English language proficiency: Submitting English language proficiency scores is compulsory for applicants whose first language is not English. Students can prove their English language proficiency through standardized tests like IELTS or TOEFL. Universities usually require a minimum IELTS score of 7.0 or equivalent.
Other admission requirements: International students are also required to submit transcripts, a study visa, a valid passport, reference letters (at least two academic references), a statement of purpose, etc. Some programs may require an interview as part of the admission process.
Job Opportunities
A degree in accounting and finance in the UK opens up a variety of professional opportunities. It is a highly versatile degree since all businesses require someone to manage their accounting and finances and offer attractively lucrative salaries. Here is a list of common roles to help you in your job search:
- Chartered accountant
- Tax accountant
- Financial advisor
- Economist
- Chief financial officer (CFO)
- Investment analyst
- Risk manager
- Equity analyst
- Hedge fund analyst
- Financial controller
- Business analyst
- Mortgage adviser
All finance jobs require excellent data analysis and mathematics skills which can be gained with work experience. The salary of a fresh graduate in the accounting and finance field in the UK starts at £24,000 per year and can go up to £34,000 yearly depending on the experience and skills (Glassdoor).
Conclusion
In the epilogue, the UK boasts a plethora of prestigious universities for candidates aspiring to pursue a degree in accounting and finance. Among the top institutions in this field are the London School of Economics and Political Science, the University of Aberdeen, the University of Warwick, the University of Edinburgh, and the University of Bath. Each of these universities offers a unique academic experience, renowned faculty, and exceptional resources for students interested in this dynamic and crucial field.
Being a global financial hub, the UK continues to attract international businesses and investments, and accounting and finance graduates find themselves well-positioned to capitalize on the numerous career opportunities in various sectors. The skills and expertise gained through an accounting and finance program in the UK establish a robust groundwork for thriving in the ever-changing and cutthroat global business arena. For more information, reach out to our experts at Gyanberry. Book your free video call or fill out this form.
