Accounting Courses in UK: Top Universities, Fees, Requirements, Eligibility & Scholarships

The UK offers comprehensive programs for students pursuing Accounting courses in UK or a Masters in Accounting in UK, focusing on finance, auditing, and taxation. Top universities include London School of Economics, University of Manchester, and University of Edinburgh. Tuition ranges from £20,000–£35,000 (₹22–38 lakh) per year, and students can study Accounting in UK with scholarships and professional accreditation opportunities to gain practical experience.

The demand for accounting courses in the UK is relatively high, with thousands of students enrolling every year. The duration of the courses varies depending on the level of study, with undergraduate courses taking 3-4 years, master's courses taking 1-2 years, and doctorate courses taking 3-4 years.

 There are typically two intakes yearly, one in September and the other in January. The average tuition fee for international students ranges from £14,000 to £35,000 per year, depending on the university and the course.

Read on to learn about the top accounting universities in the UK and the necessary details before selecting accounting courses in the UK.

Why Study Accounting in the UK?

Studying accounting in the UK has numerous advantages. Here are some of the reasons why it is worth considering:

• The UK has a reputation for providing high-quality education, and its universities are ranked among the best in the world.
• The UK accounting courses are recognized globally, and the qualification obtained is highly valued by employers.
• The UK has some of the top accounting firms, providing opportunities for students to gain practical experience through internships and placements.
• The diverse and multicultural society offers a unique cultural experience for international students.
• The country offers various scholarships and financial aid options for international students.

Accounting Courses in the UK Highlights

 Best Universities for Accounting in the UK 2023

The following table covers a comprehensive list of details of the best universities in the UK for Accounting. 

Level of Study

Bachelor's Degree

An accounting bachelor's degree is a three-year strong foundation in accounting principles and practices program. The courses offered at this level include financial accounting, management accounting, auditing, taxation, and more. The essential eligibility criteria for a bachelor's degree is that students must have a qualifying certification from a recognized educational institution from class 12th or high school with an accounting or financial background and a score of 60-70% test scores IELTS- 6.0-6.5, TOEFL- 100, GRE-320 and GMAT- 650 and must have the subjects of accountancy/mathematics/business. The application process involves filling out an online application form and submitting supporting documents such as transcripts, personal statements, and letters of recommendation, and passing the interview. The accounting in UK fees is around £25,000 to £35,000 per year.

Master's Degree

The master's accounting courses in UK program is designed for students with a bachelor's degree in accounting or a related field. The program typically takes one to two years to complete and includes courses in advanced accounting, financial reporting, and accounting research. The basic eligibility requirements include an Upper second-class honors degree (2:1) or equivalent in accounting, finance, or a similar field in the bachelor's degree program. Also, the GPA should be between 7 and 8.5. The application process starts with filling out the application form and submitting academic transcripts, resumes, two to three LOR, essays or SOP, and financial documents. Master accounting in the UK fees is around £35,000 to £45,000 per year.

Doctorate Degree

The doctorate program in accounting is designed for students to pursue a career in academia or research. The program typically takes three to four years to complete and includes courses in accounting theory, research methods, and data analysis. To be eligible, universities require a degree classification with a grade point average of 65% or above. A master's dissertation with distinction in accounting, finance, or a similar field is required. Degrees in quantitative fields (such as economics or mathematics) or business studies will be considered if you have a solid experience in accounting and finance throughout your degree. To enroll in the top universities in the UK, submit a compelling application with academic achievement, a statement of academic purpose, references, a sample of written work, and an outline research proposal. The accounting in UK fees is around £25,000 to £35,000 per year.

Scholarships for Accounting Courses in the UK

Chevening Scholarships: 

Chevening Scholarships is awarded to outstanding students worldwide to pursue a master's degree in the UK. The scholarship covers tuition fees, living expenses, and travel costs.

Commonwealth Scholarships

Commonwealth Scholarships are awarded to students from Commonwealth countries to pursue a master's or doctorate degree in the UK. The scholarship covers tuition fees, living expenses, and travel costs. 

Gates Cambridge Scholarship

This scholarship is offered to outstanding students to pursue a Master's or Doctoral degree at the University of Cambridge. The scholarship covers tuition fees, living expenses, and travel costs.  

Rhodes Scholarships

This scholarship is offered to outstanding students from around the world to pursue a Master's or Doctoral degree at the University of Oxford. 

British Council Scholarship 

This scholarship is offered to outstanding students from around the world to pursue a Master's or Doctoral degree in the UK. The scholarship covers tuition fees, living expenses, and travel costs.

Job Scope after Completing Accounting in the UK

Completing an accounting course in the UK provides students with numerous career opportunities. Here are the best accounting in UK jobs with the average salary offered in 2023:

• Chartered Accountant: Chartered accountant operates in all areas of business and finance, such as auditing, taxation, financial management, and general management. Some work in public practice, while others work in the commercial sector or for government agencies. 
• Financial Analyst: A financial analyst is responsible for analyzing financial data, evaluating investment opportunities, and creating financial models.
• Management Accountants: They operate in both the public and private sectors. The accountant prepares data for companies to utilize for budgeting and planning by gathering and calculating data. The accountant is also responsible for risk management, planning, strategizing, and decision-making.
• Tax Accountant: Tax accountants specialize in the laws, rules, and regulations governing the preparation and computation of federal, state, and municipal taxes. Tax accountants offer a wide range of tax-related services to individuals and organizations, including the preparation and filing of tax returns.
• Internal Auditor: A qualified expert provided with giving impartial and objective evaluations of a company's financial and operational business activities is known as an internal auditor (IA). They ensure businesses adhere to the right processes and operate smoothly.
• Financial Manager: A Financial Manager is a professional in charge of an organization's financial health. To ensure long-term success, they do reliable data analysis and advise top management on profit-maximizing ideas.
• Forensic Accountants: CPAs who work for insurance firms, financial institutions, and law enforcement organizations are called forensic accountants. A forensic accountant is responsible for investigating financial crimes, analyzing financial data, and presenting findings in court.