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MSc Accounting and Finance

About the MSc programme

The programme is based in the Department of Accounting and has an established reputation for excellence extending for over five decades. This programme is appropriate for those interested in careers across a wide range of sectors and organisations in accounting, finance, management and management consultancy, academia, or the public sector.

Programme details

The programme allows specialisation through the appropriate choice of courses along designated pathways in Finance, International Accounting and Finance, or Accounting and Financial Management.

The MSc assumes an academic background in the following subjects prior to entry: financial reporting, management accounting, finance, economics and quantitative methods. Admission to the programme may be conditional upon taking one or more courses in these areas to strengthen your background. This may be a course undertaken at the LSE Summer School or an approved distance learning or web-based equivalent. Given the high competition for places on this programme, applicants who indicate an interest in the MSc Accounting and Finance specifically as their first choice will maximise their prospect of admission to the programme.

A short, focused, introductory course on quantitative methods and technical accounting will be held at the beginning of the programme. Thereafter you take examined courses up to a total of four full units. The average number of contact hours per week is 12 hours, which includes lectures and seminars. Office hours with faculty and academic advisers provide further support to students on the programme.

You should ordinarily possess at least a good upper second class honours degree in accounting and finance or a related subject from a UK university, or have reached a similar standard in an overseas degree. All applicants without a UK undergraduate degree must submit GMAT test scores with their application. The overall GMAT score should normally be in excess of 650 points. Applicants with UK undergraduate degrees, particularly those whose quantitative skills are not demonstrated by their undergraduate studies, may be asked to submit GMAT scores. Students currently studying on the Diploma in Accounting and Finance programme at LSE are not required to submit GMAT scores.

In exceptional circumstances, applicants without a UK degree may be exempted from submitting GMAT scores. This may include cases where the requirement proves difficult for the individual to meet (eg, the test not being offered in the applicant's home country, or where test centres only have limited spaces available for testing). When this is the case, applicants should complete and submit the online GMAT waiver form. Candidates are advised that approvals of such requests for a waiver are stringent and seldom granted.

Compulsory courses   

(* half unit) 

  • Either Corporate Finance and Asset Markets which examines the fundamental concepts and tools underlying modern finance, both in the asset markets and the corporate finance side or both Asset Markets A* which equips students with the fundamental concepts and tools underlying the assets markets side of modern finance and Corporate Finance A* (or another course with permission) which covers a range of topics in corporate finance including capital budgeting techniques, capital structure decisions, dividend policy, decision to go public and mergers and acquisitions.

Students will be expected to choose a total of two further units from a range of options. Students admitted to this MSc cannot retrospectively switch to the MSc Accounting, Organisations and Institutions programme due to differing admission requirements.

Please read the following important information before referring to full details of course options found in the Programme Regulations.

The programme regulations available are for the current academic session and may be subject to change before the beginning of the next academic year. For more information about course availability in the next academic session, please contact the relevant academic department. The School reserves the right at all times to withdraw, suspend or alter particular courses and syllabuses, and to alter the level of fees. Courses are on occasion capped (limited to a maximum number of students) or subject to entry conditions requiring the approval of the course convenor. The School cannot guarantee that places on specific courses will be available.

Graduate destinations

Our graduates pursue careers across a wide range of sectors worldwide. Graduates have been employed by the major financial services, accountancy and advisory firms, as well as corporations, think tanks and government and public sector organisations around the world. Each year, some graduates from the programme also become entrepreneurs or join start-ups, while others pursue doctoral studies in accounting at LSE or other leading universities.



Application code: N4U1 (check availability|)

Start date: 24 September 2015

Duration: 9 months full-time, 21 months part-time (9 month master's programmes are not compliant with the Bologna process which may affect the extent to which they are 'recognised'. For more information on Bologna please see - Bologna process|)

Intake/applications in 2013: 176/1,212

Minimum entry requirement: 2:1 degree in accounting and finance or related subject (see entry requirements|)

English requirement: Standard (see English requirements|)

GRE/GMAT requirement: GMAT is required for all students without a UK undergraduate degree. The GMAT is recommended for all students with UK undergraduate degrees, particularly those whose quantitative skills are not demonstrated by their undergraduate studies

Fee level: UK/EU £23,976; Overseas £24,456

Financial support: Graduate Support Scheme (see Fees and financial support|)

Application deadline: None – rolling admissions

A photo of Georgios Poulis, an LSE student|