University of Essex
Accounting and Financial Management MSc
University of Essex

Course modalities offered

Key Course Facts

Student Reviews

Below you can see course specific reviews of 275 graduates of Accounting and Financial Management MSc and other courses in Economics at University of Essex for each of the survey questions in comparison to the average for all UK degree courses in Economics.

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 £27000 £29000 £36500
25-75 percentile range £24000 - £30000 £21000 - £36500 £30500 - £48500


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £30101 £31974 £42762
25-75 percentile range £25019 - £35263 £24892 - £42048 £30343 - £57314

Course Description

Financial decision making impacts every business decision within an organisation, which ultimately has an impact on local and global economies, so it is imperative that accountants ensure their actions benefit a business’ bottom line, without negatively impacting society.

MSc Accounting and Financial Management is designed for those who have not studied accounting before, but have a degree in business, economics or another related subject. We provide a comprehensive grounding in corporate analysis and reporting, as well as building your confidence in financial decision-making. Your studies can be tailored to suit your preferred career direction in industry, commerce or professional services by choosing from optional modules.

You cover topics including:

  • theories of financial reporting
  • management accounting and control
  • theoretical and critical approaches to accounting and financial management
  • analysis of financial statements

Essex Business School, where this course is based, is home to a number of cutting-edge financial research centres and institutes where the academics leading your course can share their latest research findings:

  • The Essex Finance Centre (EFiC) works with leading financial services firms and public sector organisations, governments and policy institutions to produce work that makes real-world impact across the globe.
  • Our Centre for Work, Organisation and Society organises regular events, which provide you with access to academic and industry expertise, as well as the opportunity to network with scholars from around the world.

Our students can use industry-leading Bloomberg data in Essex Business School’s virtual trading floor. This state-of-the-art facility gives you access to the same tools used by traders and business analysts worldwide, offering a fantastic opportunity to hone your practical skills in finance and management.

Essex Business School is a member of the Chartered Financial Analyst (CFA) Institute University Affiliation Program.

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 Accounting and Financial Management MSc at University of Essex

22% Business, Research and Administrative Professionals
18% Leisure, travel and related personal service occupations
14% Managers, directors and senior officials
12% Elementary occupations
7% Administrative occupations
6% Business and Financial Project Management Professionals
2% Teaching Professionals
2%
2% Business and public service associate professionals
2% Elementary occupations

Grading Distribution

Students of the course received the following grades

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Economics

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • Graduate Degrees
    • 6.0
    • Undergraduate Degrees
Get advice on which foundation courses are best for you to still study Accounting and Financial Management, MSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Entry requirements for this course can be found on the University of Essex website.

Costs

Tuition Fees Accounting and Financial Management MSc

England UK £14300 year 1
Northern Ireland £14300 year 1
Scotland £14300 year 1
Wales £14300 year 1
Channel Islands £14300 year 1
Ireland £14300 year 1
EU £22400 year 1
International £22400 year 1

Additional fee information

Fees displayed are for 2024-25 entry. Fees for part-time courses are calculated pro-rata to the relevant full-time fee.

Tuition fees may be subject to annual increases in each year of study in line with inflation.

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.

University Rankings

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

Rankings of University of Essex in related subject specific rankings.

Business

    • #6 
    • #76 
    Finance
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 29 university rankings of University of Essex

About University of Essex

The University of Essex, is a public, research university where curiosity prevails and thinking outside the box isn’t just encouraged, it’s expected. Based in the county of the same name, Essex, the main campus is located in Wivenhoe Park, near Colchester. It is home to the university’s three faculties, Humanities, Science & Health and Social Sciences, as well as a very large community of local rabbits, and other small fauna typical of the English countryside.

List of 921 Bachelor and Master Courses from University of Essex - Course Catalogue

Student composition of University of Essex

undergraduates:
12070
postgraduates:
3690
Total:
15760
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Where is this programme taught

Colchester Campus
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