The course

UCAS code
4 years
Delivery type

This Accountancy and Finance degree is accredited by all major UK professional bodies and achieved over 90% student satisfaction in the National Student Survey 2018. Gain professional experience in our Bloomberg Trading Room.



Heriot-Watt was the second highest ranked university in Scotland for undergraduate accountancy and finance degrees in the Guardian University League Table 2019. 

Our MA (Hons) Accountancy and Finance degree offers you the chance to develop the skills 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.

Whilst studying this degree programme you will be encouraged to enhance your employability skills through the use of Heriot-Watt's state-of-the-art Bloomberg Trading Room which opened on Edinburgh campus in 2018.


Bloomberg Experiential Learning Partner

Heriot-Watt University is accredited as a Bloomberg Experiential Learning Partner, recongising us as a leader in experiential learning in the area of finance.

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

Detailed course information

Course content

Detailed course guide

Year 1

Semester 1

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

Semester 2

  • Enterprise and its Business Environment
  • The Economy
  • 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:

  • 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
  • Professional and Critical Theory
  • Contemporary Issues in Finance
  • Equity Markets & Fund Management
  • 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:

  • 74% are working
  • 4% are studying
  • 13% are working and studying.

Managerial/professional position

  • 85% of those working are in a professional/managerial position six months after graduating.


  • The average salary of students six months after graduating: £20000
  • 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
  • Managers, directors and senior officials
  • Elementary occupations
  • Childcare and related personal services

Entry requirements

Year 1

Standard entry requirements
  • Highers AAAB (over two sittings)
  • A-Levels BBB
  • Int. Baccalaureate 29 points
  • BTEC DDM (Business/Accountancy/Finance preferred)
  • HNC B in graded unit

Minimum entry requirements*

  • Highers BBBC
  • A-Levels BCC

* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish students depending on their circumstances. Our minimum requirements will apply if you:

  • live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20), or
  • are care experienced.

We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements

Year 2

Advanced Highers BB (including at least one: Accountancy, Business, Economics, Maths plus AAAB at Higher)
A-Levels ABB (including at least one of: Accountancy, Business, Economics, Maths)
Int. Baccalaureate 34 points (including at least one of: Accountancy, Business, Economics, Maths at Higher Level 5)
HNC A in graded unit (Accounting)
HND BB in graded units (Accounting or Business)

Year 3

  • HND AA in graded units (Accounting)

Additional information

English language requirements

If English is not your first language, you will have to show us that your English is good enough to succeed on your course. Please refer to our English language requirements.


Tuition fees for 2019 entry (by residency status)
Status* Scotland / EU** England / Northern Ireland / Wales*** International
Fee Paid by SAAS £9,250 £14,640

* 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).

*** 'Rest of the UK' (RUK) students entering at Level 1 receive a fee waiver of one year's tuition fee. Normally this will be the final year, or a year during which students study abroad (either at a partnership institution, or at one of Heriot-Watt's overseas campuses).

Additional costs

You may incur additional costs in the course of your studies at Heriot-Watt over and above tuition fees in an academic year. Depending on your programme of study, these may include: protective equipment, field trips, professional memberships, studio fees, required course texts or other study resources.

Scholarships and bursaries

Featured scholarships

Bursaries for students from England, Northern Ireland or Wales starting undergraduate degree courses in 2020

In addition to government 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:

Merit Awards for international students starting undergraduate degree courses in 2019

If you are an international fee-paying, self-funded applicant and have achieved, or are on course to achieve, the minimum entry requirements for the programme you wish to study you may be eligible for:

View our full range of undergraduate scholarships.