Postgraduate Course

MSc Accounting and Finance

MSc Accounting and Finance

Overview

The details
Accounting and Finance
October 2026
Full-time
1 year
Colchester Campus

What is the MSc Accounting and Finance degree?

The MSc Accounting and Finance develops your existing knowledge of accounting and finance, preparing you to become an agile and confident financial professional.

You'll build your understanding of advanced accounting and corporate finance, combining theory with practice while exploring the role of fair finance and ethical accounting in managing financial risk.

Why this course

Develop your knowledge across the complementary disciplines of accounting and finance, building a broader understanding of an organisation's financial position and the decisions that shape it.

You'll explore advanced accounting and corporate finance while developing the analytical skills to understand financial reporting, corporate analysis and investment decisions.

Choose from a range of optional modules to tailor your studies towards your professional interests and ambitions.

Who should apply

  • Those looking to build on existing knowledge of accounting and finance
  • Analytical thinkers interested in financial reporting and corporate analysis
  • Those interested in developing their understanding of corporate finance and investment
  • Future financial professionals looking to develop their knowledge of ethical accounting and finance

What you'll learn

  • Accounting and corporate finance: Explore recent developments in theoretical approaches to accounting and corporate finance
  • Financial reporting: Develop your understanding of financial reporting and corporate analysis
  • Research methods: Explore quantitative and qualitative approaches to empirical research
  • Portfolio management: Develop your understanding of portfolio management and financial decision-making
  • Ethical finance: Consider the role of ethical awareness in accounting, finance and risk management

Your learning experience

  • Theory and practice: Develop your understanding of accounting and finance by combining theoretical knowledge with practical application
  • Financial analysis: Build your ability to understand and analyse financial information
  • Research skills: Explore quantitative and qualitative approaches to financial and accounting research
  • Flexible study: Choose from optional modules to tailor your studies towards your professional ambitions

Careers and outcomes

An MSc Accounting and Finance develops knowledge and skills that can support careers in areas including:

  • Financial analysis
  • Management
  • Public administration
  • Accountancy

Employers of Accounting and Finance graduates

Recent graduates have progressed to organisations including:

  • The Government of Pakistan
  • Brit College
  • Dytex Cotfabr
  • Capital Markets Intelligence
  • Credit Data Research
  • Pension Insurance Corporation
  • BNP Paribas
  • Preservation Capital Partners

Career support

Our Student Support team works closely with the University's Employability and Careers service to provide careers information, advice and CV support.

They can help you find work experience, internships, placements and voluntary opportunities, as well as providing access to employer talks on campus.

We also work closely with the Essex Startups team to support students looking to develop their own business ideas.

Professional accreditation

Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.

Why we're great.
  • Further your understanding of accounting and finance with this specialist programme.
  • Work with world-leading experts in both accounting and finance, who bring their research into your teaching.
  • Learn how accounting and finance practitioners play an essential role in ethical and sustainable business.

Course content

Course structure

We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists. Please be aware that we are planning changes to our first year to make it more relevant to your chosen course.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The following modules are based on the current course structure and may change in response to new curriculum developments and innovation.

We understand that deciding where and what to study is a very important decision for you. We'll make all reasonable efforts to provide you with the courses, services and facilities as described on our website and in line with your contract with us. However, if we need to make material changes, for example due to significant disruption, we'll let our applicants and students know as soon as possible.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

Status What this means
Core
You must take the set module for this component and you must pass. No failure can be permitted.
Core with Options
You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.
Compulsory
You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Compulsory with Options
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Optional
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

HR 100  4  FY

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number. 

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

  • AU: Autumn term
  • SP: Spring term
  • SU: Summer term
  • FY: Full year 
  • AP: Autumn and Spring terms
  • PS: Spring and Summer terms
  • AS: Autumn and Summer terms

COMPONENT 01: CORE WITH OPTIONS

BE980-7-FY or BE989-7-FY
(60 CREDITS)

COMPONENT 02: CORE WITH OPTIONS

BE951-7-AU or BE953-7-AU
(20 CREDITS)

COMPONENT 03: COMPULSORY

Issues in Financial Reporting
(20 CREDITS)

Demonstrate a critical understanding of major current issues in financial accounting and reporting. You develop an awareness of financial reporting theory, the problematic nature of accounting measurements and disclosures, corporate disclosure regulation, the implications of market efficiency for financial reporting, and the potential role of accounting information in social reporting and collective bargaining.

View Issues in Financial Reporting on our Module Directory

COMPONENT 04: COMPULSORY

Portfolio Management
(20 CREDITS)

Understand the process of portfolio management. You cover the main concepts such as efficient diversification, managing risk exposures, and the valuation of financial assets that are at the core of managing investment portfolios, and pay special attention to the practicalities of the implementation of these concepts.

View Portfolio Management on our Module Directory

COMPONENT 05: OPTIONAL

EBS (Colchester Campus) option from list
(20 CREDITS)

COMPONENT 06: OPTIONAL

EBS (Colchester Campus) option from list
(40 CREDITS)

COMPONENT 07: COMPULSORY

Postgraduate Mathematics Preparation
(0 CREDITS)

This module covers topics in mathematics that are required in Masters-level finance courses at the University of Essex. You focus on the basics of linear algebra, differential calculus including optimisation and dynamics.

View Postgraduate Mathematics Preparation on our Module Directory

COMPONENT 08: COMPULSORY

Professional and Academic Development (PAD)
(0 CREDITS)

Build the academic, research and professional skills needed to succeed at postgraduate level and beyond. This module supports your transition to master’s study by developing independent learning, research and critical thinking skills, alongside ethical and effective use of AI as a learning tool. You’ll also enhance your employability and professional practice, gaining the confidence and capabilities required for graduate-level roles and advanced academic work.

View Professional and Academic Development (PAD) on our Module Directory

Teaching

  • Tailor the content of your course to more closely fit your interests and aspirations
  • Courses focus on practical applications and links with industry
  • We run an open seminar series, which our Masters students are welcome to attend
  • learn in an international environment; our Masters students join us from more than 40 countries

Assessment

  • Regular assessment is by coursework, presentations, case studies, group work, tests and examinations

Dissertation

  • You submit a 15,000 word dissertation.

Entry requirements

UK entry requirements

A 2:2 degree in any discipline. Your degree must include:

  • One module in Financial Accounting

AND

  • One module in Management Accounting

A professional qualification such as ACCA, CIMA or any other Professional accounting qualification recognised by IFAC (International Federation of Accountants) may compensate for the absence of an academic degree equivalent. To see if your professional qualification is recognised, click here: IFAC website

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

Sorry, the entry requirements for the country that you have selected are not available here. Please contact our Graduate Admissions team at pgquery@essex.ac.uk to request the entry requirements for this country.

English language requirements


If English is not your first language, we require IELTS 6.5 overall with a minimum component score of 5.5

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.

Fees and funding

Home/UK fee

£15,750

International fee

£24,675

Scholarships and financial support

There may be scholarships, bursaries or discounts available to help with the cost of this course.

Fees and funding guide

Masters fees and funding information

Research (e.g. PhD) fees and funding information

What's next

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Open Days

We hold Open Days for all our applicants throughout the year. Our Colchester Campus events are a great way to find out more about studying at Essex, and give you the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing tours@essex.ac.uk and we’ll arrange an individual campus tour for you.

2026 Open Days (Colchester Campus)

  • Saturday 17 October 2026 - October Open Day
  • Saturday 7 November 2026 - November Open Day
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Applying

You can apply for this postgraduate course online. Before you apply, please check our information about necessary documents that we'll ask you to provide as part of your application.

We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

For information on our deadline to apply for this course, please see our ‘how to apply' information.

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Visit Colchester Campus

Set within 200 acres of award-winning parkland - Wivenhoe Park and located two miles from the historic city centre of Colchester – England's oldest recorded development. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.


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Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360-degree virtual tour allows you to explore our University from the comfort of your home. Check out our Colchester virtual tour to see accommodation options, facilities and social spaces.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications. The University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

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