BSc Accounting and Finance

  • Undergraduate
  • Department of Accounting
  • UCAS code NN34
  • Starting 2020
  • UK/EU full-time: Open from September
  • Overseas full-time: Open from September
  • Location: London

The undergraduate BSc Accounting & Finance programme is topically focused on accounting and finance but is fundamentally grounded in other core social science disciplines as well as practically connected to the social sciences through optional courses and LSE100.

Specifically, in addition to developing core knowledge and skills in accounting and finance, you will learn to analyse how accounting and finance is concerned with a range of institutional and organisational processes of calculation, reporting, and evaluation. You will also learn to appreciate the interdependencies between accounting and accountability, financial management and risk, performance management and sustainability, governance and regulation, policy making and change, among other key fundamental concepts related to, implicated in, or affected by accounting and finance. You will learn to critically evaluate the use and suitability of accounting and finance techniques in different contexts. You will gain a deep understanding of the nature of organisations in the economy and society, and the crucial role that accounting and finance play in societies, economies, institutions, markets, organisations, and even individual behaviours.

This diverse social science approach to accounting and finance makes our graduating students highly sought after by a wide range of organisations globally in any area related to accounting or finance, and even beyond into other areas. Recent graduates of this programme have gone on to work in the areas of professional accountancy, investment banking, investment analysis, management consultancy and financial management, but also in the public sector as well as into further academic study. If you successfully complete the degree, then depending on the optional courses you have taken, you may be eligible for exemptions for some examinations of the professional accountancy bodies.

Watch a video about the Department of Accounting.

Programme details

Key facts

 BSc Accounting and Finance
Academic year (2020/21) 28 September 2020 to 18 June 2021
Application deadline 15 January 2020
Duration Three years full-time
Applications/offers/intake 2018 1,737/277/141
Tuition fee UK/EU fee: £9,250 for the first year
Overseas fee: £21,570 per year
Usual standard offer A-level: grades A A A

International Baccalaureate: Diploma with 38 points including 6 6 6 at Higher level

Please see the ‘Assessing your application’ section below for detailed information and guidance on entry requirements.

Programme requirement

GCSE pass at grade A or 7, or above in Mathematics, or A-level at grade A or above in Mathematics (or equivalent)

English language requirements Proof of your English language proficiency may be required

For more information about tuition fees, usual standard offers and entry requirements, see the fees and funding and assessing your application sections below. 

Assessing your application

We welcome applications from all suitable qualified prospective students and want to recruit students with the very best academic merit, potential and motivation, irrespective of their background. The programme guidance below should be read alongside our general entrance requirements information.

We carefully consider each application on an individual basis, taking into account all the information presented on the UCAS application form, including your:

- academic achievement (including predicted and achieved grades)
- subject combinations
- personal statement
- teacher’s reference
- educational circumstances

You may also have to provide evidence of your English proficiency, although you do not need to provide this at the time of your application to LSE. See our English language requirements page.

What we are looking for in an application for BSc Accounting and Finance

Academic achievement

Successful applicants for this programme are usually predicted a minimum of A A A in their A-levels (or 38 and above International Baccalaureate Diploma Programme (IB) points, with 6 6 6 in Higher level subjects). Mathematics A-level or IB HL (or equivalent) is desirable but is not essential for this programme. However, if Mathematics is not taken as an A-level, applicants must have achieved at least an A grade (or 7) at GCSE (or equivalent).

Competition for places at the School is high. This means that even if you are predicted or if you achieve the grades that meet our usual standard offer, this will not guarantee you an offer of admission. Usual standard offers are intended only as a guide, and in some cases applicants will be asked for grades which differ from this.

We express our standard offers and, where applicable, programme requirements, in terms of A-levels and the IB, but we consider applications from students with a range of qualifications including BTECs, Foundation Courses and Access to HE Diplomas as well as a wide range of international qualifications.

Information about accepted international qualifications
Information about other accepted UK qualifications

Subject combinations

We consider the combination of subjects you have taken, as well as the individual scores. We believe a broad mix of traditional academic subjects to be the best preparation for studying at LSE and expect applicants to have at least two full A-levels or equivalent in these subjects.

The majority of successful applicants will have taken Mathematics as an A-level or equivalent although this is not compulsory. Candidates not offering Mathematics at A-level or equivalent must have an A (or 7) in GCSE Mathematics and should be confident in their mathematical ability. If you do not have A-level Mathematics (or equivalent), you will take tailored first-year courses in mathematics and statistics to develop your mathematical skills.

Further Mathematics is seen as a fourth or additional subject: students offering only Mathematics, Further Mathematics and one other subject at A-level or equivalent are not normally considered.

Previous study of Accounting, at GCSE, A-level, or equivalent, is not required and is neither advantageous nor disadvantageous. Students offering Accounting should be aware that it is considered a non-preferred A-level  by LSE and should be offered with two traditional academic subjects at A level or equivalent.

The programme has a significant qualitative component and applications are encouraged from students who have taken essay-based subjects at A-level or equivalent.

Find out more about subject combinations.

Personal characteristics, skills and attributes

For this programme, we are looking for students who demonstrate the following skills:

- strong analytical abilities
- high level of numeracy
- an ability to evaluate and critically assess complex issues
- an ability to communicate complex ideas with clarity
- attention to detail
- intellectual curiosity
- an interest in both accounting and finance

Personal statement

In addition to demonstrating the above personal characteristics, skills and attributes, your statement should be original, interesting and well-written and should outline your enthusiasm and motivation for the programme.

You should explain whether there are any aspects of particular interest to you, how this relates to your current academic studies and what additional reading or relevant experiences you have had which have led you to apply. We are interested to hear your own thoughts or ideas on the topics you have encountered through your exploration of the subject at school or through other activities. Some suggestions for preliminary reading can be found above in the preliminary reading section, but there is no set list of activities we look for; instead we look for students who have made the most of the opportunities available to them to deepen their knowledge and understanding of their intended programme of study.

You can also mention extra-curricular activities such as sport, the arts or volunteering or any work experience you have undertaken. However, the main focus of an undergraduate degree at LSE is the in-depth academic study of a subject and we expect the majority of your personal statement to be spent discussing your academic interests.

Please also see our general guidance about writing personal statements

Programme structure and courses

The degree involves studying courses to the value of 12 units, over three years, plus LSE100. Half of these are in accounting and finance, and half in related disciplines. You will have the opportunity to specialise to a certain degree in various fields within accounting and finance. Please note that the LSE100 course is under review.

First year

In your first year, you will take introductory courses in accounting and finance, economics, mathematics and statistics, as well as LSE100 which is taught in the Lent term only. You may also be able to take an outside option depending on your choice of mathematics and statistics courses. If you have A level Economics or equivalent, you will take Economics B; otherwise, you will take Economics A. Please note that the LSE100 course is under review. 

(* indicates half-unit course)

Elements of Accounting and Finance
Will introduce you to the preparation, uses and limitations of accounting information and to some issues in finance and investment.

Economics A
Provides a foundation in economics, primarily for those without significant background in the subject. 
Economics B
An introductory course in microeconomics and macroeconomics.

Route A: for students without A-level Mathematics, or equivalent

Statistical Methods for the Social Sciences
A basic foundation in elementary statistical methods, theory and statistical reasoning.

Basic Quantitative Methods
Provides students with the elementary mathematical tools that are needed to study Economics. 

Route B: for students with A-level Mathematics, or equivalent

Quantitative Methods (Mathematics)*
Develops the basic mathematical tools necessary for further study in economics and related disciplines.
Quantitative Methods (Statistics)*
Develops elementary statistical tools necessary for further study in management and economics.
Optional courses to the value of one unit


Elementary Statistical Theory
Provides a precise treatment of introductory probability theory, statistical ideas, methods and techniques.
Mathematical Methods
An introductory-level course if you wish to use mathematics seriously in social science, or in any other context.

Beginning in the Lent term, LSE100 is compulsory for all LSE undergraduate students, and introduces you to the fundamental elements of thinking like a social scientist. Please note that the LSE100 course is under review. 

Second year

In your second year, you will take an accounting course and a Principles of Finance course, depending on your quantitative background. You will take either Microeconomic Principles I or Macroeconomic Principles and will select a fourth course from a range of options. You will also continue to take LSE100, in the Michaelmas term only. Please note that the LSE100 course is under review. 

Accounting Theory and Practice
Provides an in-depth knowledge and understanding in accounting theories and practices underlying major accounting issues.

Principles of Finance I

Examines companies' longer term investment decisions, and the ways in which these may be financed in the financial markets.
Principles of Finance II
A more quantitative course examining companies' longer term investment decisions, and the ways in which these may be financed in the financial markets.

Microeconomic Principles I
This is an intermediate course in microeconomic analysis.
Macroeconomic Principles
This is an intermediate course in macroeconomic analysis.

Outside options to the value of one unit

Continuing on from the Lent term of the previous year, LSE100 is compulsory for all LSE undergraduate students, and introduces you to the fundamental elements of thinking like a social scientist. Please note that the LSE100 course is under review. 

Third year

In your third year, you will take one compulsory accounting course, one compulsory finance course and will choose between two further accounting courses. You will take an outside option to the value of one unit from an approved list, and choose two accounting courses from a choice of five.

Contemporary Issues in Financial Reporting*
Considers the impact of political, technological, social, and ethical influences on corporate financial reporting and accounting regulation, in both national and international contexts. 

Financial Management and Organisational Control*
Considers both the decision-facilitating and decision-influencing roles of management accounting.
Auditing, Risk Management and Governance*
Introduces core concepts and practices of auditing, and provides a critical analysis of auditing practices and their role in organisational governance. 

Corporate Finance, Investments and Financial Markets
The course will cover a broad range of topics, with both a theoretical and an empirical emphasis. These include topics in corporate finance, investments and performance evaluation and international finance.

Two courses from a range of accounting options, to a total value one unit

Outside options to the value of one unit

You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.

You must note however that while care has been taken to ensure that this information is up-to-date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated undergraduate course and programme information page. 

Teaching and assessment


You will usually have about 12 to 15 hours of lectures and classes each week, but you will also have to work hard on your own – reading, writing essays or working on class assignments. Hours vary according to courses and you can view indicative details in the Calendar within the Teaching section of each course guide

LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, LSE teaching fellows and graduate teaching assistants who are usually doctoral research students. You can view indicative details for the teacher responsible for each course in the relevant course guide.

You will have an academic mentor who is a member of staff from the Department of Accounting. Their role is to follow your progress and deal with any concerns you might have. There are many opportunities to extend your learning outside the classroom and complement your academic studies at LSE. LSE LIFE is the School’s centre for academic, personal and professional development. Some of the services on offer include: guidance and hands-on practice of the key skills you will need to do well at LSE: effective reading, academic writing and critical thinking; workshops related to how to adapt to new or difficult situations, including development of skills for leadership, study/work/life balance and preparing for the world of work; and advice and practice on working in study groups and on cross-cultural communication and teamwork.

LSE is committed to enabling all students to achieve their full potential and the School’s Disability and Wellbeing Service provides a free, confidential service to all LSE students and is a first point of contact for all disabled students.

Your timetable

The lecture and seminar timetable is published in mid-August and the full academic timetable (lectures/seminars and undergraduate classes) is published by mid-September and is accessible via the LSE Timetables webpages.

Undergraduate student personal timetables are published in LSE for You (LFY). For personal timetables to appear, students must be registered at LSE, have successfully signed up for courses in LFY and ensured that their course selection does not contain unauthorised clashes.

Every effort is made to minimise changes after publication, once personal timetables have been published any changes are notified via email.

The standard teaching day runs from 09:00-18:00; Monday to Friday. Teaching for undergraduate students will not usually be scheduled after 12:00 on Wednesdays to allow for sports, volunteering and other extra-curricular events. 


All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others.

Summative assessment is usually assessed by written examinations at the end of each academic year. Some courses also have written examinations in January while others are assessed partly by essays or other work submitted during the year. Please note that assessment on individual courses can change year to year. An indication of the current formative coursework and summative assessment for each course can be found in the relevant course guide.

Feedback on coursework is an essential part of the teaching and learning experience at the School. Class teachers must mark formative coursework and return it with feedback to you normally within two weeks of submission (when the work is submitted on time). You will also receive feedback on any summative coursework you are required to submit as part of the assessment for individual courses (except on the final version of submitted dissertations). You will normally receive this feedback before the examination period. 

Find out more about LSE’s teaching and assessment methods

Preliminary reading

The websites of the professional accountancy bodies listed below often contain insightful resources where you can gain a better understanding of the sector and the field of accounting and finance, and about various careers in these or related areas.

Institute of Chartered Accountants in England and Wales (ICAEW) 
Institute of Chartered Accountants of Scotland (ICAS) 
Association of Chartered Certified Accountants (ACCA) 
Chartered Institute of Management Accountants (CIMA) 
Chartered Institute of Public Finance and Accountancy (CIPFA) 

Student stories

Shu Juin Lim, BSc Accounting and Finance (2016-2019), Malaysia

Shu Juin LIM 170x230

"The programme covers the learning of both Accounting and Finance in depth and breadth, demonstrating how both are intertwined from financial statements to financial analysis, complemented with the knowledge from the economics syllabus. I particularly like the variety of choices to choose from for our outside option, and I had the chance to delve into Management, Psychology and Statistics within these three years. The LSE is undeniably competitive, but that serves as an excellent platform for students to exchange ideas and information, plan for their career paths and start ahead, especially with the support of the career centre. My experience here has been amazing with the support from the department's staff and friends. These are the lifelong bonds that I will treasure and cherish. I truly appreciate the challenges, support and opportunities from the LSE."

Maksim Danilov, BSc Accounting and Finance (2017-2020), Russia

"My programme allows students to tailor their degree to their needs by providing a vast array of modules to choose from in accounting, finance, economics, law, and many other fields. I feel like this adaptability, combined with the high quality of education, gives us a deeper understanding of subjects that we are personally interested in, which, in my experience, is quite unique. There is also a lot of support directed at students to help them with any issues they might have, academic or otherwise, and the department always seeks to improve our experience here. Outside of academia, there are plenty of opportunities for us to unwind, from amazing public lectures organised by the departments and societies so diverse that people are bound to find something suitable for them, to more conventional ways to relax with the LSE community."

Sarah Otter, BSc Accounting and Finance (2017-2020), Germany

SArah OTTER 170x230

"I was particularly drawn to the unique structure of the Accounting and Finance programme at LSE as it gives us a lot of choice throughout the three years and covers a very broad range of Financial Accounting, Managerial Accounting and Finance. Having such a good overview makes it much easier to choose in which areas I want to specialise in the following years. My favourite accounting modules were in year 2 of studies. I particularly enjoyed the practical approach, where we worked together in groups to produce a management report to a case study and applied many of the theoretical concepts to real-life cases. In my opinion, the significant advantage of LSE is the great career prospects, as we have lots of companies coming to campus, which makes it significantly easier to gain work experience early on."

Faraz Ahmad Piracha, BSc Accounting and Finance (2018-2021), Pakistan

Faraz Ahmad PIRACHA 170x230

“I studied A-Level Mathematics, Physics and Chemistry in Islamabad, Pakistan. This is my first time studying in the UK. I chose LSE as it has a world-wide academic reputation. LSE is very diverse, so you can meet people from all around the world. The BSc Accounting and Finance is a unique opportunity to study the principles of accounting, finance and economics which can be applied in the modern world. It is a challenging learning experience for me and it has encouraged me to work hard! The teachers and lecturers are very friendly and always ready to help. You go to them with 100 problems, they will definitely give you 1000 solutions.”

Kailash Karupiah, BSc Accounting and Finance, Malaysia

Watch Kailash's video

Bryan Thor Yen Jun, BSc Accounting and Finance, Malaysia

Watch Bryan's video

Fees and funding

Every undergraduate student is charged a fee for each year of their programme.

The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

Tuition fees

UK/EU* students:

The 2020 tuition fee for new UK/EU students is £9,250 for the first year.

The UK/EU undergraduate fee may rise in line with inflation in subsequent years.

*The UK Government confirmed in May 2019 that the fee level for EU undergraduate new entrants in 2020/21 will be the same as Home UK for the duration of their undergraduate degree programme. Further information can be found on website.

Overseas students:

The 2020 tuition fee for new overseas students is £21,570 per year.

The overseas tuition fee will remain at the same amount for each subsequent year of your full time study regardless of the length of your programme. This information applies to new overseas undergraduate entrants in 2020 only.

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home (UK/EU) or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Scholarships, bursaries and loans

The School recognises that the cost of living in London may be higher than in your home town or country. LSE provides generous financial support, in the form of bursaries and scholarships to UK, EU and overseas students. 

In addition, UK Government support, in the form of loans, is available to UK and some EU students. Some overseas governments also offer funding.

Further information on tuition fees, cost of living, loans and scholarships.



Every undergraduate programme of more than one year duration will have UNISTATS data. The data allows you to compare information about individual programmes at different higher education institutions.

Please note that programmes offered by different institutions with similar names can vary quite significantly. We recommend researching the programmes you are interested in and taking into account the programme structure, teaching and assessment methods, and support services available.

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