Accounting Courses | UK | Universities, Eligibility and Jobs

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MOEC

29 July 2022

1325

Overview

Accounting is the process of managing the finances of an organisation. It is a multidisciplinary subject that draws from various fields such as information technology, law, statistics, business and economics. Accounting plays a significant role in any organization, as it helps determine the profit and loss. The other roles it plays are managing funds and ensuring optimum use and allocation of monetary resources. If you are looking to study in UK then you can contact us. In this blog you will get to know all about the accounting courses in the UK.

A degree in accounting will educate you on topics like Principles of Financial Accounting, Managerial Accounting, Financial Management, Quantitative methods and analysis, mathematical and deductive reasoning, systems analysis, etc

Benefits of pursuing Accounting Courses from UK

Here are some unavoidable reasons to pursue an accounting degree from the UK:

1. UK - financial capital of the world

UK is famous as the finance capital of the world. So undoubtedly it’s the best the place to learn about finance and accounting. There are numerous top ranking business schools in London that are the pioneers in the finance industry.

2. The Big FOUR

The Big Four accounting firms refer to Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young. These are the 4 largest professional services firms in the world offering accounting services such as auditing, taxing, consulting etc. Three out of the four have their headquarters in London expect for KPMG that has in Netherlands. So what better place to acquire an accounts degree than UK.

3. Internships Opportunities

Industry experts at the universities aim to provide a conclusive and comprehensive syllabus from the initial days enabling the students to gain in-depth knowledge of the subject and score easy internships early on in their career. It help universities to inculcate the best skill-set in the students helping them perform their best on the job.

4. International Accreditations

Courses offered by the universities in UK accredited by professional bodies such as ACCA, CPA, CIMA, etc. Pursuing professionally accredited courses will act a bonus for the students while applying for jobs in the UK.

Top Accounting Courses in UK

One can choose from the plethora of accounting courses depending on their preference of sub-fields, duration (full-time or part-time) from a diverse range of accounting courses available in universities in the UK. Here is the list of top options for an accounting course:

Accounting with finance

The MSc in Accounting and Finance course will teach you the fundamentals of financial accounting as well as how to apply them in the workplace. The course will help you to develop an international perspective and knowledge of various subjects like economics, mathematics, political science, psychology, and sociology. In this course, you will be equipped with skills like cash flow management, tech-savvy, reading financial statements, analysing financial statements, etc.

Accounting with Business

This course focus on the broad context of how accounting operates within the global business world. While pursuing this course, you will gain expertise in areas including management accounting, entrepreneurial finance, business operations, international business, e-business, leadership, etc.

Accounting with economics

In this course, you will get an opportunity to explore economic theory and policy in relation to accounting principles. This is the perfect course for the ones who are interested in making a career in banking, finance government, international organisations, management consultancy and economic consultancy.

Eligibility Criteria for Accounting Courses in UK

Students who wish to go for accounting courses in the UK should meet the following requirements:

  • When going for a bachelor's, education of 10+2 years is required.
  • When going for a master's, education of 16 years is required, with 12 years of schooling and four years of a bachelor's first-class degree in a relevant field.
  • If you have a bachelor's degree in any other field with proficiency in the fundamentals of accounting, you can still apply for the program.
  • Appear for any of the English proficiency exams such as IELTS, PTE, TOEFL, etc. (Minimum score required will vary from different courses and universities)
  • Work experience in accounting-related courses such as audit, finance, computer science, engineering, applied mathematics or other relevant fields is an added advantage to securing admission to the program.


Documents required

  • Bachelor’s degree if applicable
  • Academic transcripts of all semesters in bachelors (all translated into the English language if otherwise)
  • Letter of Recommendation (LOR)
  • Statement of Purpose (SOP)
  • English proficiency exam result
  • Financial affidavits as proof of funding
  • Valid passport
  • GMAT score (if required by the particular institute).

Jobs in Accounting in UK

After pursuing the accounting courses in the UK, the students can work with a plethora of top companies such as the BIG FOUR (Deloitte, EY, KPMG, PwC), JPMorgan, Goldman Sachs, Citi, Morgan Stanley, etc. The roles that you can pick are as follows:

  • External auditor
  • Stockbroker
  • Actuaries
  • Data Analysts,
  • Arbitrators
  • Tax Advisors, etc.

Top Universities in UK for Accounting

  • Birmingham city University
  • University of Oxford
  • University of Cambridge
  • London Business School
  • University of Warwick
  • University of Leicester
  • London Schools of Economics
  • University of Bristol
  • Imperial College London
  • University of Leeds

Take counselling from our study abroad experts for more information on the admission process to study in the UK and the UK Student Visa application process, as we offer complete guidance from beginning to end. For further information, please contact application02@meridean.org or call 1800-1230-00011.

 

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