Accounts & Finance


What is Accounting & Finance?

Accounting & Finance is concerned with the concepts of money, business and management, with an emphasis on professional careers in this area.
The terms 'Accounting' and 'Finance' are not necessarily synonymous with one another. Accounting is concerned with a range of information analysis, for many different aspects of a business. Finance on the other hand is concerned solely with the monetary funds of said business.

Why study Accounting & Finance?

This type of degree is particularly appropriate for those who enjoy mathematics but who also long to apply these skills to the context of business and increase one's awareness of everything that goes with it, be it management, business law or economics.
Another benefit to Accounting & Finance is the potential for joint honours, and studying abroad. Joint honours allows a student to put their eggs in more than one basket, and provides variety to the university experience, while the opportunity to study abroad allows students to see more of the world while simultaneously developing their knowledge in their course, in this case Accounting & Finance.

What are the postgraduate opportunities?

Postgraduates have tons of opportunities in both jobs and further education. Countless institutions offer MA Accounting & Finance, MSc Accounting & Finance, as well as Pre-Masters Accounting, PgDip in Business Management and Accounting. Use our Course Chooser to refine your search for Postgraduate Accounting & Finance courses.

What are the jobs opportunities?

Jobs for Accounting & Finance graduates can often be found in the big multinational professional services firms, such as PricewaterhouseCoopers (PwC), Deloitte and KPMG.
These are large companies, employing hundreds of thousands of professionals in accountancy, auditing, investment banking and many other fields. Due to their size and reputation, these companies tend to have very strict and high level entry standards.
Insurance companies are also big employers, as are high street banks.

Among the jobs that are directly related to an Accounting & Finance degree are:

  • Accounting Technician
  • Chartered Accountant
  • Forensic Accountant
  • Investment Banker
  • Stockbroker
  • Tax Adviser

A degree in Accounting & Finance is also useful in the following jobs:

  • Actuary
  • Data Analyst
  • Economist
  • Retail Banker

Reasons to Study an Accounting & Finance Degree

  • Excellent graduate prospects
  • Graduate schemes
  • The world needs its accountants
  • You could work in any industry
  • Internationally diverse cohort
  • Joint honours
  • Real-life application
  • Year abroad opportunities

Typical employers

Opportunities are widely available with:

  • Accountancy Firms
  • Building Societies
  • High Street Banks
  • Insurance Companies
  • Investment Banks
  • Management Consultancies
  • Public Sector Employers
  • Year Abroad Opportunities

Master’s in Accounting Salary

A master’s in accounting (MACC) degree will offer you a strong foundation in accounting for a variety of good-paying accounting jobs. This degree is usually the choice for professionals who want to work as accountants, auditors, forensic accountants, actuaries, bookkeepers or tax advisors.

Below are some of the occupations and salaries that you can expect with a master’s in accounting:


An accountant is a professional who keeps and tracks financial and tax records. Accountants ensure that all financial records for a person or organization are accurate and that all taxes have been paid on a timely basis. Accountants regularly assess financial operations for an organization and ensure that the company or entity is operated in an efficient fashion.

There are several types of accountants:

  • • Public accountants: They perform many types of auditing, tax, accounting and consulting jobs. Their top clients can consist of individuals, corporations and governments. These accountants work with financial documents that their clients must disclose by federal law, which include balance sheet statements and tax forms. Most public accountants are Certified Public Accountants (CPA).
  • • Management accountants: These are also referred to as cost, industrial, managerial or private accountants. They record and analyze tax and financial information for the company that they work for. They often work on performance evaluation and budgeting.
  • • Government accountants: They are responsible for maintaining and examining financial and tax records for government agencies. They also may audit private individuals and businesses that are subject to taxation and government regulation.

The Bureau of Labor Statistics states that the median salary for all accountants in 2016 was $68,150. The top 10% earned in excess of $120,000 per year. Below are median salaries for accountants by major industries:

  • • Finance and insurance: $72,900
  • • Management of enterprise sand companies; $70,700
  • • Accounting, tax preparation, bookkeeping: $68,100
  • • Government: $65,800
Budget Analyst

Another common occupation for professionals with a master’s degree in accounting is budget analyst. These analysts assist public and private organizations to organize their money and finances. They are responsible for preparing budget reports and monitoring how the organization spends its money.

The median salary for budget analysts according to BLS is $73,800. The top 10% earn a salary of $111,400. The breakdown for salaries by industry is as follows:

  • • Scientific, technical and professional services: $81,500
  • • Federal government: $78,700
  • • Local government: $69,400
  • • Educational services: $64,800

Other Master’s in Accounting Salaries

Other median salaries for master’s of accounting holders according to are:

  • • Staff accountant: $50,500
  • • Senior accountant: $66,200
  • • Accountant: $51,300
  • • Assistant controller: $86,200
  • • Senior internal auditor: $74,400
  • • Accounting manager: $78,000
  • • Financial controller: $81,700
  • • CPA: $60,800
  • • Chief financial officer: $121,000

Master’s in Finance

A master’s in finance is often the best option for professionals who want to enjoy careers as financial consultants, personal finance advisors, financial managers, insurance officers or investment bankers.

Below are salaries that you may expect with a master’s degree in finance:


An actuary is a finance professional who analyzes the financial costs of uncertainty and risk in business situations. Actuaries use statistics, mathematics and financial theory to assess risks of potential events. Their work assists businesses in making policies that reduce the cost and impact of risk. Actuary work is essential for the proper function of the insurance industry.

The median salary for actuaries according to BLS data is $100,600. The top 10% earn more than $186,000 per year. Median salaries by industry are:

  • • Professional, technical and scientific services: $104,500
  • • Finance and insurance: $101,000
  • • Government: $95,500
  • • Management of enterprises and companies: $93,300
Financial Manager

Financial managers are responsible for the financial oversight of a business or organization. They make financial reports, direct how investments are made, and develop financial strategies and plans to enhance the long term financial goals of the organization.

Some of the most common types of financial managers are:

  • • Controllers: Direct how financial reports are prepared and summarize the financial position of the organization
  • • Treasurers and finance officers: Direct the budget of the organization to meet financial goals.
  • • Credit managers: Oversee the credit business of the organization.
  • • Cash managers: Control and monitor the cash flow of the company to meet investment and business goals.
  • • Risk managers: Control financial risks by utilizing strategies to reduce the chance of financial loss.

BLS reports the median salary for financial managers was $121,700 in 2016. The top 10% could earn a salary of $208,000. The industry breakdown was as follows:

  • • Professional, scientific and technical services: $142,000
  • • Management of enterprises and companies: $140,000
  • • Manufacturing: $121,000
  • • Finance and insurance: $117,800
  • • Government: $109,000

Other Master’s in Finance Salaries reports the following median salaries for professionals with a master’s degree in finance:

  • • Financial analyst: $62,000
  • • Senior financial analyst: $80,100
  • • Finance manager: $91,700
  • • Financial controller: $80,600
  • • Chief financial officer: $156,000
  • • Senior accountant: $71,600
  • • Finance director: $120,000

The most sought-after countries