MSc Accounting

• Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% to 70% 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.
  • TOEFL: A minimum overall score of 92, with at least 23 in Listening, Reading, Speaking, and Writing.
  • PTE Academic: A minimum overall score of 62 with no individual score below 59.
• 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 meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Durham University offers a range of scholarships and bursaries to both domestic and international students.

Durham University Scholarships and Bursaries: These are awarded to both undergraduate and postgraduate students based on academic excellence, financial need, or specific criteria such as subject area or country of origin.

Durham International Scholarships: These are awarded to exceptional international students who are pursuing undergraduate or postgraduate studies at the university. The scholarship covers a portion of tuition fees and is renewable for the duration of the course.

Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.

College-Specific Scholarships: Some colleges at Durham University offer scholarships and bursaries to their students, such as the Van Mildert College Music Scholarship and the St. Mary's College Travel Grant.

Departmental Scholarships: Some academic departments at Durham University offer scholarships specifically for international students. These scholarships may be discipline-specific or focused on supporting students from specific regions or countries. 

Vice-Chancellor's Scholarships: The Vice-Chancellor's Scholarships are prestigious scholarships awarded to exceptional international students across all academic disciplines. These scholarships cover the full tuition fees and provide a generous living allowance for the duration of the program. The selection process is highly competitive and based on academic merit and leadership potential.

Durham University in the UK offers an MSc in Accounting program that provides students with a comprehensive understanding of accounting principles, financial management, and business analysis. Graduates of the program are well-equipped with the knowledge and skills to pursue successful careers in accounting and related fields.  

Accounting Firms: Many graduates of the MSc Accounting program pursue careers in accounting firms, including the Big Four (Deloitte, PwC, KPMG, and EY) and other prominent national and international accounting firms. These firms offer various opportunities in auditing, taxation, financial advisory, and consulting. Graduates often begin their careers as trainee accountants and can progress to senior positions and management roles.

Financial Services: The MSc Accounting program prepares students for roles in the financial services industry. Graduates can work in banks, investment firms, asset management companies, and insurance companies. They can pursue careers in areas such as financial analysis, risk management, investment banking, and financial planning.

Corporate Finance: Many companies have internal accounting departments or finance teams that handle financial planning, budgeting, and analysis. Graduates of the MSc Accounting program can work in these departments, contributing to financial decision-making, strategic planning, and performance evaluation. They can also pursue careers in corporate finance, mergers and acquisitions, and financial control.

Public Sector and Non-Profit Organizations: The MSc Accounting program equips students with the skills necessary to work in the public sector and non-profit organizations. Graduates can pursue careers in government agencies, regulatory bodies, educational institutions, healthcare organizations, and charities. They can contribute to financial management, budgeting, compliance, and financial reporting in these sectors.

Management Consulting: The analytical and problem-solving skills developed during the MSc Accounting program make graduates well-suited for roles in management consulting firms. They can provide financial and strategic advice to clients, conduct financial analysis, and assist in business process improvement. Management consulting firms value the expertise of individuals with accounting backgrounds in areas such as financial due diligence, restructuring, and performance optimization.

Entrepreneurship and Start-ups: Some graduates of the MSc Accounting program choose to start their own businesses or work in start-up environments. The program provides them with a strong foundation in financial management, accounting principles, and business planning, enabling them to manage finances effectively and make informed business decisions.

Professional Certification: The MSc Accounting program at Durham University provides the necessary knowledge and skills for students to pursue professional accounting certifications such as ACCA (Association of Chartered Certified Accountants) or CIMA (Chartered Institute of Management Accountants). These certifications enhance career prospects and open doors to a wide range of accounting and finance roles globally.

Career Progression: Graduates of the MSc Accounting program have excellent prospects for career progression. With experience and further professional qualifications, they can advance to senior positions such as financial controllers, finance directors, CFOs (Chief Financial Officers), or partners in accounting firms. Some may also choose to pursue academic or research careers in accounting and finance.