The course

UCAS code
Up to 4 years
Delivery type



Our Accountancy and Finance course offers you the chance to develop the skills necessary for a successful career in accountancy and financial services. If you graduate from this accountancy course, you’ll have the opportunity to work in a wide range of professional, commercial and industrial areas – offering the foundation for a variety of business and management careers.

Heriot-Watt is the top ranked university in Scotland for undergraduate accountancy and finance degrees in Guardian University League Tables 2018.


As our flagship accounting degree, this accountancy and finance course is accredited by a number of institutions for exemptions from some professional examinations:

Course content

   Detailed course guide
Year 1

Semester 1

  • Management in a Global Context
  • Introductory Microeconomics
  • Introduction to Accounting
  • Elective (Accounting Profession & Practice *)

Semester 2

  • Enterprise and its Business Environment
  • Introductory Macroeconomics
  • Introduction to Finance
  • Elective

* Denotes a course required by the professional accountancy bodies for accreditation purposes

Year 2

Semester 1

  • Financial Reporting
  • Financial Markets Theory
  • Quantitative Methods
  • Elective (Commercial Law *)

Semester 2

  • Management Accounting in Organisations
  • Corporate Financial Theory
  • Option (Social & Environmental Accounting *)
  • Elective (Business Entities *)

* Denotes a course required by the professional accountancy bodies for accreditation purposes

Year 3

Semester 1

  • Management Accounting Techniques & Decisions
  • Auditing and Assurance
  • Elective (Accounting Information *)

Choose one from:

  • International Bond & Currency Markets
  • Mergers & Acquisitions

Semester 2

  • Contemporary Issues in Financial Accounting
  • Research Methods
  • Elective (Taxation *)

Choose one from:

  • Financial Derivatives
  • Managing Corporate Value

* Denotes a course required by the professional accountancy bodies for accreditation purposes

Year 4

Semester 1

Choose three from:

  • Professional and Critical Theory
  • Accounting Theory
  • Public Sector Accounting
  • Managerial Accounting: Decision-Making
  • Agency Theory and Corporate Governance
  • Risk Management & Derivatives
  • Level 4 Economics course, subject to pre-requisites

Semester 2

Choose three from:

  • International Accounting
  • Corporate Reporting
  • Contemporary Issues in Taxation
  • Accounting History
  • Contemporary Issues in Finance
  • Equity Markets & Fund
  • Level 4 Economics course, subject to pre-requisites

Across both semesters

  • Dissertation


Work and study

This is what our MA (Hons) Accountancy and Finance students are doing six months after graduating:

  • 80% are working
  • 10% are studying
  • 10% are working and studying.

Managerial/professional position

  • 90% of those working are in a professional/managerial position six months after graduating.


  • The average salary of students six months after graduating: £17000
  • The average UK salary of students six months after graduating from a similar course: £20000


These are the most common jobs students go into six months after graduating:

  • Business, research and administrative professionals
  • Business and public service associate professionals
  • Administrative occupations

Entry requirements

Year 1

  • Highers AAAB
  • A-Levels BBB
  • HNC B in graded unit
  • Int. Baccalaureate 29 points

Year 2

  • A-Levels ABB in relevant subjects
  • Advanced Highers BB in relevant subjects, plus AAAB at Higher.
  • HNC Relevant HNC. A in graded unit.
  • HND BB in graded units, relevant HND.
  • Int. Baccalaureate 34 points plus relevant subjects
  • Additional information Please note that level 1 entry is the normal route for those wishing to gain the maximum number of available exemptions from professional examinations of accountancy bodies such as ACCA and ICAS.

Year 3

  • HND Relevant HND. AA in graded units.

Additional information

  • Intermediate 2 / National 5 / GCSE English and Mathematics are required for entry to all levels of our Accountancy and Finance programmes.

Fees and funding

Tuition fees for 2017 entry (by residency status)
Status* Scotland / EU** England / Northern Ireland / Wales International
Fee Paid by SAAS £9,250 £13,770

* Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees.

** European Union countries, not including England, Northern Ireland or Wales.

Scholarships and bursaries

Featured scholarships

Bursaries for students from England, Northern Ireland or Wales starting undergraduate degree courses in 2018

In addition to government maintenance loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible students from England, Northern Ireland or Wales:

View our full range of undergraduate scholarships.

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