How to apply

Overview

The details

Course: Professional Accounting

Start date: October 2025

Study mode: Full-time

Duration: 1 year

Location: Colchester Campus

Based in: Essex Business School

Accounting is the measurement and processing of financial and non-financial data within an organisation. At Essex, we encourage you to challenge the perception of accounting within shifting global markets.

MSc Professional Accounting is our flagship Masters degree of our accounting disciplines at Essex Business School. Accounting at Essex goes well beyond the preparation of financial statements. We teach you to be accountable, act ethically and make financial decisions that positively impact both organisations and society.

This course will advance your knowledge of accounting in both depth and scope. You will master core areas of accounting, such as:

management accounting
financial reporting
corporate governance
reporting and analysis

We take a critical view of both financial reporting and management accounting, so that you can be perfectly placed to lead financial decision-making in your chosen industry. You work with students and staff from across the globe, preparing you to work in international markets. MSc Accounting aims to inspire a business-minded and socially driven Essex accounting graduate.

At Essex Business School we champion ethical management and sustainable business. We believe accounting information is the foundation for successful decision-making and further develop your practical accounting skills and theoretical knowledge so you can make a positive impact in the workplace.

Professional accreditation

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.

Why we're great.

We teach you to be accountable, act ethically and make financial decisions that positively impact both organisations and society.
The experience and findings of our world-leading experts in accounting will feature throughout your teaching.
Extend your knowledge of accounting with this specialist course.

Our expert staff

Essex Business School has a number of established research strengths in accounting, including:

accounting in emerging economies
sustainable accounting
governance
global development
public sector accounting
regulation and reporting

Our researchers make a significant impact on the lives of people all around the world, with past and current research projects covering five continents.

The experience and findings of our experts will feature throughout your teaching. For example, you'll hear from Professor Teerooven Soobaroyen, Professor of Accounting at Essex Business School.

Professor Soobaroyen's research focuses on the connection between accounting, accountability and governance in the context of companies in developing or emerging economies, corporate foundations, the public sector, charities, non-governmental organisations and higher education institutions.

His focus on accounting in emerging economies resulted in the founding of a specialist research journal, the Journal of Accounting in Emerging Economies, of which he is Associate Editor. He was recently elected President of the British Accounting and Finance Association (BAFA).

Two research centres support the research activities taking place in the accounting group. They organise seminars by external invited speakers; Essex Business School staff and research students; co-ordinate workshop programmes; and schedule bi-annual conferences of international renown. These offer a further excellent opportunity for you to engage with the very latest research and ideas in the field of accounting.

The Essex Accounting Centre conducts distinctive world-class research, with a particular focus on accounting research applied in developing countries, including topics such as social responsibility and corporate governance; management accounting change; and corruption and accountability.

Our new interdisciplinary centre, the Centre for Accountability and Global Development (CAGD), is a dynamic hub for social justice research, with a particular focus on accountability across all sectors in both developed and emerging economies. The Centre contributes to impactful global development through rigorous research and engagement with the policy community, which complements the existing research strengths and expertise established within the Essex Accounting Centre.

Specialist facilities

Our MSc Professional Accounting is based at our Colchester Campus.

You'll be studying at Essex Business School, home to the first zero carbon business school in the UK– demonstrating our sustainable approach to business first-hand.

Set around a lush winter garden, with shared spaces to encourage collaborative working, you'll find a wealth of inspiring teaching and study zones:

a virtual trading floor with Bloomberg Financial Market Labs, where you'll gain hands-on experience and learn how to model financial data in a practical setting
access to company reporting databases, Passport (GMID) and NEXIS advance UK
learn in modern lecture theatres with ‘listen again' recording to aid your study
utilise study booths in our winter garden and versatile break out areas for group working throughout the building
study skills support provided by the Essex Business School Learning Team
networking opportunities with visiting businesses and careers events
Bonds café and adjacent foyer to enjoy on-site fresh food and drink

You'll also benefit from fantastic University facilities located close by, including our state-of-the-art Silberrad Student Centre, complete with an open-access 24-hour Learning Hub and a cutting-edge media centre.

Our building is located on the Knowledge Gateway, home to some of the region's most exciting enterprises in the science, technology and creative sectors. The Knowledge Gateway provides potential networking and career opportunities for students directly on campus.

Your future

Our courses are designed to foster the business leaders of the future who, through creativity, innovation and ethical awareness, can meet the many challenges that the international business world continues to present.

Many of our students enjoy roles in areas such as financial analysis, management, public administration and accountancy.

They progress to work for high-profile organisations and innovative SMEs such as:

KPMG
Grant Thornton LLP
Ministry of Taxes of the Republic of Azerbaijan
ERS Insurance Group
Groupon
Credit Data Research, an SME finance provider
Coast Digital, an award-winning marketing agency
Humanity First UK

Our Student Support team work closely with the University's Employability and Careers service to help you with careers information and advice and CV support. They will help you find work experience, internships, placements and voluntary opportunities and provide access to employer talks on campus. We also work closely with the Essex Startups team to support our budding entrepreneurs get their business ideas off the ground.

“I have developed an interest in environmental accounting and business sustainability matters. This mainly because I was exposed to "Issues in Financial Reporting" module which discuss variety of very recent topics in accounting. Moreover, there a supportive atmosphere for environment friendly practices and concepts at the University of Essex, this further motivated to conduct research in environmental accounting and business sustainability.”

Mohammed Solyman Yousef Omran, MSc Accounting

Entry requirements

UK entry requirements

A 2:2 degree in any discipline. Your degree must include:

One module in Financial Accounting

AND

One module in Management Accounting

A professional qualification such as ACCA, CIMA or any other Professional accounting qualification recognised by IFAC (International Federation of Accountants) may compensate for the absence of an academic degree equivalent. To see if your professional qualification is recognised, click here: IFAC website

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

Sorry, the entry requirements for the country that you have selected are not available here. Please contact our Graduate Admissions team at pgquery@essex.ac.uk to request the entry requirements for this country.

English language requirements

If English is not your first language, we require IELTS 6.5 overall with a minimum component score of 5.5

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.

Structure

Course structure

We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists. Please be aware that we are planning changes to our first year to make it more relevant to your chosen course.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The following modules are based on the current course structure and may change in response to new curriculum developments and innovation.

We understand that deciding where and what to study is a very important decision for you. We'll make all reasonable efforts to provide you with the courses, services and facilities as described on our website and in line with your contract with us. However, if we need to make material changes, for example due to significant disruption, we'll let our applicants and students know as soon as possible.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

Status	What this means
Core	You must take the set module for this component and you must pass. No failure can be permitted.
Core with Options	You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.
Compulsory	You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Compulsory with Options	You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Optional	You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

100

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number.

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

AU: Autumn term
SP: Spring term
SU: Summer term
FY: Full year
AP: Autumn and Spring terms
PS: Spring and Summer terms
AS: Autumn and Summer terms

COMPONENT 01: CORE

Research Methods in Accounting

(20 CREDITS)

This module equips you with a critical understanding of research methods and methodologies in the field of accounting. You develop the skills needed to explore issues in accounting and identify, choose and implement research designs and strategies.

View Research Methods in Accounting on our Module Directory

COMPONENT 02: COMPULSORY

Advanced Financial Reporting

(20 CREDITS)

View Advanced Financial Reporting on our Module Directory

COMPONENT 03: COMPULSORY

Management Accounting

(20 CREDITS)

Management accounting provides information required for decision-making, planning and control and cost management. You examine a range of contemporary issues in management accounting such as activity-based costing, strategic management accounting and other management accounting issues. You also evaluate contemporary approaches of management control theories to understand the current practices of management accounting locally and globally.

View Management Accounting on our Module Directory

COMPONENT 04: COMPULSORY

Corporate Reporting and Analysis

(20 CREDITS)

This module introduces you to financial reporting, governance, regulation, and analysis of financial statements. You also gain an understanding of the role of published financial statements in aiding users in their decision-making.

View Corporate Reporting and Analysis on our Module Directory

COMPONENT 05: COMPULSORY

Financial Decision Making

(20 CREDITS)

This module introduces you to management accounting and management control principles, investment appraisal and financial control principles, and market and managerial behaviours. You examine a range of issues that relate to financial and managerial decision-making, including incremental costing, budgeting, activity-based costing, capital structure and long term financing, and financial analysis of commercial projects.

View Financial Decision Making on our Module Directory

COMPONENT 06: COMPULSORY

Management and Strategy

(20 CREDITS)

This module is designed to encourage students to reflect on a variety of issues relating to management and business strategy. It will introduce students to the basics of management such as dealing with teams, culture and organisational management structures. It will then introduce students to managing strategically, covering topics that involve the analysis of the external and internal environments of the business as well as avenues for implementation. Consequently, the module offers an insight into a range of current business issues, management dilemmas, ethical considerations, and general governance issues relating to the strategic direction of organisations. Overall, the module provides an introduction to management and strategy and a critical examination of its application in practice.

View Management and Strategy on our Module Directory

COMPONENT 07: CORE WITH OPTIONS

(60 CREDITS)

Teaching

You learn via a combination of lectures, seminars, group and individual tasks and directed independent study.
Tailor the content of your course to more closely fit your interests and aspirations.
Courses focus on practical applications and links with industry.
We run an open seminar series.

Assessment

Regular assessment is by coursework, presentations, case studies, group work, tests and examinations

Dissertation

You submit a 15,000 word dissertation.

Fees and funding

Home/UK fee

£15,000

International fee

£23,500

Masters fees and funding information

Research (e.g. PhD) fees and funding information

What's next

We hold Open Days for all our applicants throughout the year. Our Colchester Campus events are a great way to find out more about studying at Essex, and give you the chance to:

tour our campus and accommodation
find out answers to your questions about our courses, student finance, graduate employability, student support and more
meet our students and staff

If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing tours@essex.ac.uk and we’ll arrange an individual campus tour for you.

2025 Open Days (Colchester Campus)

Wednesday 19 March 2025 - Postgraduate Open Evening

Find out more

You can apply for this postgraduate course online. Before you apply, please check our information about necessary documents that we'll ask you to provide as part of your application.

We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

For information on our deadline to apply for this course, please see our ‘how to apply' information.

A sunny day with banners flying on Colchester Campus Square 4.

Set within 200 acres of award-winning parkland - Wivenhoe Park and located two miles from the historic city centre of Colchester – England's oldest recorded development. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.

Find out more

View from Square 2 outside the Rab Butler Building looking towards Square 3

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tour allows you to explore the Colchester Campus from the comfort of your home. Check out our accommodation options, facilities and social spaces.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.

Find out more

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications. The University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.