University of Aberdeen
Accountancy and Economics MA (Hons)
University of Aberdeen

Key Course Facts

Student Reviews

Below you can see course specific reviews of 80 graduates of Accountancy and Economics MA (Hons) and other courses in Economics at University of Aberdeen for each of the survey questions in comparison to the average for all UK degree courses in Economics.

Overall student satisfaction
74 /100
80 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Economics

Important: Salary data below is not course specific, but contains data of all students of Economics at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £26000 £28000 £37000
25-75 percentile range £23000 - £30000 £21000 - £37500 £26500 - £50500


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £27715 £27758 £35844
25-75 percentile range £23440 - £32465 £21680 - £36020 £26019 - £47995

Course Description

Studying Accountancy and Economics at Aberdeen is a great way to prepare for a sparkling career in international finance, business, politics, media and a variety of other sectors. You will gain a thorough grounding in the theory and practice of accountancy, set within the wider perspective of the global economy. You will be taught by leading international economists whose work influences government policy.

You will develop a solid understanding of accountancy and develop the analytical and evaluation skills required to process accounting information in a modern economy. You will study the microeconomics of business and society, the macroeconomics of the world economy and will learn about economic challenges in a variety of political, social and historical contexts.

You will have access to professional training facilities, such as our virtual Thomson Reuters Eikon trading floor, which is used by major financial service companies across the world. This technology integrates real activity in financial markets directly into our students’ courses. Your skills will develop in a dynamic learning and research environment, inspired by staff with a wide range of professional backgrounds, both in accountancy and finance. You will be taught by leading international economists, such as Professor Alex Kemp, who is a world authority on oil and gas markets and an adviser to the Scottish Government and health economists, whose work influences Scottish and UK policy decisions on public health issues.

You will thrive in the international, dynamic environment of our Business School with classmates from 45 nationalities creating a truly global experience. You will be supported by teaching staff and dedicated careers advisers, who will help you develop as an individual with the skills and attributes sought by employers in business, government, education and private consulting.

Accountancy and Economics are two diverse subjects that will provide you with a solid understanding of how the world's largest organisations process financial information. You'll learn about the factors that influence wealth and will study topics such as academic writing, risk, and investment, microeconomics, statistics, and entrepreneurship.

4th best UK University for Accountancy and Finance (The Complete University Guide 2021)

Accredited by the Institute of Chartered Accountants Scotland (ICAS) for the purpose of exemption from some professional examinations.

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Accountancy and Economics MA (Hons) at University of Aberdeen

25% Business, Research and Administrative Professionals
15% Process, plant and machine operatives
15% Business and public service associate professionals
10% Managers, directors and senior officials
10% Finance Professionals
10% Protective service occupations
5% Artistic, literary and media occupations
5% Sales occupations

Grading & Study Time

**Students are assessed by any combination of three assessment methods:** Coursework such as essays and reports completed throughout the course; Practical assessments of the skills and competencies they learn on the course; Written examinations at the end of each course. The exact mix of these methods differs between subject areas, years of study and individual courses. Honours projects are typically assessed on the basis of a written dissertation.

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Economics

Qualification requirements

Including one in a relevant subject/science (90 UCAS tariff points)

English language requirements

test Grade Additional Details
IELTS (Academic) 6

Overall - 6.0 with: Listening - 5.5 or above; Reading - 5.5 or above; Speaking - 5.5 or above; Writing - 6.0 or above.

IELTS Indicator or IELTS General Training are not accepted

TOEFL (iBT) 78

TOEFL iBT and TOEFL Home Edition (online) - DI code is 0818: Overall 78 with: Listening - 17 or above; Reading - 18 or above; Speaking - 20 or above; Writing - 21 or above.

PTE Academic 59

Overall - 59 with: Listening - 59 or above; Reading - 59 or above; Speaking - 59 or above; Writing - 59 or above.

Online Test is not accepted

Trinity ISE

Pass overall at ISE II with a distinction in writing and merit in the other three skills.

Institution's Own Test

Academic English Pre-sessional Programmes - Pass (valid for one year) OR Academic English Preparation Programme - Pass at Level Four (valid for one year)

Cambridge English Advanced

Overall - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing -169.

Cambridge English Proficiency

Overall - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing -169.

When you are thinking about studying overseas, it is important that you understand all the costs involved and budget accordingly. It is essential to budget for your studies prior to leaving your home country and to arrange all your funding for BOTH your tuition fees and your living costs.

View the University of Aberdeen Online Prospectus programme page to find out about any scholarships and funding you may be eligible to apply for.
Get advice on which foundation courses are best for you to still study Accountancy and Economics, MA (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Accountancy and Economics MA (Hons)

Ireland £9250 year 1
EU £21900 year 1
Scotland £1820 year 1
England UK £9250 year 1
Northern Ireland £9250 year 1
Wales £9250 year 1
Channel Islands £21900 year 1
International £21900 year 1
EU £20800 year 1
Channel Islands £9250 year 1
International £20800 year 1

Additional fee information

EU/International Applicants: When you are thinking about studying overseas, it is important that you understand all the costs involved and budget accordingly. It is essential to budget for your studies prior to leaving your home country, and arrange all your funding for BOTH your tuition fees and your living costs.

Average student cost of living in the UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

How to apply

Application deadline:

January 1, 2025

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Possible Entry Points:

  • year 1 (Default entry point)

University Rankings

Positions of University of Aberdeen in top UK and global rankings.

Rankings of University of Aberdeen in related subject specific rankings.

Business

    • #3 
    • #151 
    Finance
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 29 university rankings of University of Aberdeen

About University of Aberdeen

Dating back to the year 1495 we find the University of Aberdeen, located in the Scottish city of the same name. The main site of this ancient institution is Old Aberdeen, where students in the arts and social sciences as well as the physical sciences carry out their learning. Meanwhile on the significantly more modern campus site Foresterhill, learners in the medical and research fields occupy their own purpose-built buildings, such as Suttie Centre.

List of 511 Bachelor and Master Courses from University of Aberdeen - Course Catalogue

Where is this programme taught

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