MSc Accounting and Finance

Postgraduate Entry Requirements:

• Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of  50 to 55% or equivalent.
• English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
  • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
  • TOEFL: A minimum overall score of 90.
  • PTE Academic: A minimum overall score of 62 with no individual score below 51.
• Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

• academic marksheets & transcripts
• letters of recommendation
• a personal statement - SOP
• passport
• other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.

The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.  

1. Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
2. International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
3. Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
4. Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
5. Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
6. Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.

It is important to note that scholarship availability, eligibility criteria, and application processes may change over time. 

Graduates of the MSc Accounting and Finance program have excellent career prospects in the accounting, finance, and business sectors. 

1. Financial Accounting: Graduates can pursue careers in financial accounting, working in public accounting firms or corporate finance departments. They can take on roles such as financial analyst, financial accountant, financial controller, or financial reporting specialist. They are responsible for preparing financial statements, conducting financial analysis, and ensuring compliance with accounting standards and regulations.

2. Management Accounting: Graduates can work as management accountants in organizations, providing financial insights and analysis to support managerial decision-making. They can be involved in budgeting, cost analysis, performance evaluation, and strategic planning.

3. Auditing and Assurance: Graduates can pursue careers in auditing firms, performing audits and assurance services for clients. They can become auditors, internal auditors, or risk assurance professionals, ensuring that financial statements and internal controls are accurate and compliant with regulations.

4. Corporate Finance: Graduates can find employment in corporate finance departments of companies, focusing on financial planning, capital budgeting, mergers and acquisitions, or treasury management. They can be involved in financial strategy development, investment evaluation, and fundraising activities.

5. Financial Analysis: Graduates can work as financial analysts in financial institutions, investment firms, or consulting companies. They can analyze financial data, evaluate investment opportunities, and provide recommendations to clients or senior management.

6. Taxation: Graduates can pursue careers in taxation, working in accounting firms, tax departments of corporations, or government agencies. They can become tax consultants, tax advisors, or tax analysts, providing guidance on tax planning, compliance, and optimization.

7. Financial Regulation and Compliance: Graduates can work in regulatory bodies, financial institutions, or consulting firms, ensuring compliance with financial regulations and managing risk. They can assess and mitigate risks, contribute to the development of regulatory frameworks, or work in compliance and risk management roles.

8. Research and Academia: Graduates can choose to pursue further studies at the doctoral level and embark on research or academic careers. They can contribute to the field of accounting and finance through research, publish scholarly articles, and teach at universities or research institutions.