Master of Science [M.Sc] (Accounting and Finance)
Field of Study:
₹23.5 L/Yr
University of Greenwich M.Sc Accounting and Finance is a 1-year full-time postgraduate programme located in London, UK. The course is accredited by four leading professional bodies: ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants), ICAEW (Institute of Chartered Accountants in England and Wales), and IFA (Institute of Financial Accountants). The programme costs £19,450 per year (approximately 24.65 lakhs INR) for international students and equips graduates with advanced skills in financial accounting, management accounting, financial analysis, and corporate finance. Indian students can apply for September or January intakes with a student visa that permits 20 hours of part-time work during term time.
Current Admission Status (April 2026): Applications for September 2026 intake are open with rolling admissions. January 2027 intake applications will open in August 2026. Early applications are recommended as scholarships are limited and competitive.
- Why Study M.Sc Accounting and Finance at University of Greenwich
- Tuition Fees for M.Sc Accounting and Finance
- Cost of Living in London (2026)
- Admissions Requirements & Process
- Curriculum Overview
- Professional Accreditations & Recognition
- Scholarships & Financial Aid
- Placements & Career Outcomes
- Return on Investment (ROI) Analysis
- FAQs
Why Study M.Sc Accounting and Finance at University of Greenwich
- Quad Accreditation: The degree is accredited by ACCA, CIMA, ICAEW, and IFA, providing exemptions from professional exams and enabling faster progression to Chartered Accountant status compared to non-accredited degrees.
- Bloomberg Trading Floor: Access to industry-standard Bloomberg Terminal software and real-time financial data provides hands-on experience with tools used by investment banks and financial institutions globally.
- International Accounting Standards: Curriculum based on latest International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS), making graduates immediately relevant to multinational corporations and global accounting firms.
- Strong Placement Rate: 72% of graduates secure employment in highly skilled roles within 15 months, with average starting salaries of £28,000-£35,000 (35.5-44.3 lakhs INR) in accounting and finance positions.
- CFA Certificate Recognition: The programme is recognized for the CFA Certificate in Sustainable Investing, providing additional professional credentials valued by investment firms and financial institutions.
Tuition Fees for M.Sc Accounting and Finance
| Fee Component | Currency | INR (April 2026) |
|---|---|---|
| Annual Tuition (International) | £19,450 | 24.65 lakhs |
| Total for 1 Year | £19,450 | 24.65 lakhs |
Exchange Rate Note: Conversion based on live GBP to INR rate of 1 GBP = 126.63 INR (April 16, 2026). Rates fluctuate; confirm with your bank before payment.
Key Insight: The total tuition is a one-time payment for the 12-month programme. No additional tuition is charged for part-time study options (2 years), though the per-credit cost remains the same.
Cost of Living in London (2026)
| Expense Category | Monthly Cost (GBP) | Monthly Cost (INR) |
|---|---|---|
| Accommodation | £600-£900 | 76,000-1.14 lakhs |
| Food & Groceries | £200-£300 | 25,000-38,000 |
| Transport (Student Pass) | £35-£50 | 4,400-6,300 |
| Utilities & Internet | £80-£120 | 10,000-15,000 |
| Social & Miscellaneous | £100-£150 | 12,600-19,000 |
| Total Monthly | £1,015-£1,520 | 1.28-1.93 lakhs |
Total for 12 Months: £12,180-£18,240 (approximately 15.4-23.1 lakhs INR)
On-Campus Accommodation
| Residence Type | Weekly Cost (GBP) | Monthly Cost (INR) | Inclusions |
|---|---|---|---|
| Standard Room (Greenwich) | £126-£146 | 16,000-18,500 | Wi-Fi, utilities, gym access, 24-hour security |
| Premium Room (McMillan Village) | £175-£211 | 22,000-27,000 | En-suite, common areas, on-campus gym |
Note: On-campus accommodation is available to international students on a first-come, first-served basis. Booking early (6-8 months before intake) is essential.
Off-Campus Accommodation
| Area | Weekly Cost (GBP) | Monthly Cost (INR) | Distance from Campus |
|---|---|---|---|
| Charlton (Shared Flat) | £100-£130 | 12,600-16,500 | 5-10 min bus |
| Greenwich (Private Studio) | £150-£200 | 19,000-25,000 | Walking distance |
| Woolwich (Shared House) | £90-£120 | 11,400-15,200 | 10-15 min bus |
Part-Time Work: Students can earn £11-£12 per hour (minimum wage) working 20 hours weekly during term, generating approximately £880-£960 monthly (1.1-1.2 lakhs INR), which covers 50-60% of living costs.
Admissions Requirements & Process
Intake & Deadlines
| Intake | Application Opens | Application Deadline | Course Start Date |
|---|---|---|---|
| September 2026 | January 2026 | Rolling (spaces fill by July) | September 14, 2026 |
| January 2027 | August 2026 | Rolling (spaces fill by November) | January 11, 2027 |
Note: Rolling admissions mean applications are reviewed continuously; early submission increases scholarship chances.
Eligibility Criteria (Indian Students)
- Academic: Bachelor's degree (honours) with minimum 2:2 (60%) or above from any Indian university. Graduates from top-tier universities (Delhi, Mumbai, Pune, Bangalore, Madras, Calcutta) with 55% minimum may be considered.
- Subject Background: Degree in Commerce, Accounting, Finance, Economics, Business, Engineering, or related quantitative field is preferred. Non-accounting graduates with strong mathematics background may be considered.
- Work Experience: Applicants without a degree but with professional qualifications (CA, CPA, ACCA) or 4+ years of full-time work experience in accounting or finance may be considered individually.
Application Process
- Submit online application via University of Greenwich portal or through UCAS.
- Provide official bachelor's degree transcripts with English translation (if originally in Hindi/regional language).
- Submit 2 academic or professional references (from professors, managers, or accounting professionals).
- Write a 250-word personal statement explaining career goals and why Greenwich's programme aligns with your objectives.
- Pay non-refundable application fee of £25 (approximately 3,200 INR).
Processing Time: 2-4 weeks for decision after complete application submission.
English Language Proficiency Requirements
| Test | Minimum Score | Validity |
|---|---|---|
| IELTS (Academic) | 6.0 overall, 5.5 in each skill | 2 years |
| TOEFL iBT | 80 overall | 2 years |
| PTE Academic | 59 overall | 3 years |
| Standard XII English Waiver | 65% in English (not applicable to Punjab, Haryana, UP, Uttarakhand) | N/A |
Note: If you scored 65% or above in English during Standard XII (and not from restricted states), you may be exempt from IELTS/TOEFL.
Curriculum Overview
The M.Sc Accounting and Finance curriculum combines theoretical foundations with practical, industry-aligned skills across 120 credits (1 year full-time).
- Compulsory Modules: Accounting for Performance and Control (30 credits), International Financial Accounting and Reporting (30 credits), Principles of Finance (30 credits), Research Methods (15 credits), Foundations of Scholarship (15 credits), Dissertation (45 credits).
- Specialization Electives (15 credits): Choose from Financial Analysis and Valuation, International Assurance, or Sustainable Finance and Investment.
- Assessment: Essays (40%), examinations (30%), dissertation (30%). Practical learning includes real data analysis using accounting software, financial modelling, and case studies from multinational corporations.
- Industry Tools: Training in Bloomberg Terminal, SPSS, Excel financial modelling, and international accounting software used by Big 4 firms (Deloitte, KPMG, PwC, EY).
Professional Accreditations & Recognition
Quad Accreditation: The degree is accredited by ACCA, CIMA, ICAEW, and IFA, providing exemptions from professional exams and enabling faster progression to Chartered Accountant status.
IFRS and IAS Alignment: Curriculum based on latest International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS), ensuring graduates are immediately relevant to multinational corporations.
CFA Certificate Recognition: The programme is recognized for the CFA Certificate in Sustainable Investing, providing additional professional credentials valued by investment firms.
Accounting and Finance Ranking: University of Greenwich is ranked 72nd in Accounting and Finance in the UK by Complete University Guide 2026 and 301-400 globally in Business and Economics by Times Higher Education (2026).
Scholarships & Financial Aid
| Scholarship | Award Amount | Eligibility | Deadline |
|---|---|---|---|
| International Scholarship Award | £2,500 (tuition discount) | Indian, Sri Lankan, Bangladeshi, Pakistani, Nigerian, Ghanaian students with offer letter | Rolling (apply within 2 weeks of offer) |
| Greenwich Progression Bursary | £3,000 | Greenwich alumni or final-year undergraduates | Case-by-case |
| Early Applicant Postgraduate Scholarship | £3,500 | International postgraduate taught students | Automatic upon admission |
Application Process: Scholarships are automatically considered upon admission; no separate application required. Early applicants have higher chances due to limited funding.
Placements & Career Outcomes
| Career Role | Average Salary (15 months post-graduation) | Salary in INR | Employment Rate |
|---|---|---|---|
| Financial Accountant | £28,000-£35,000 | 35.5-44.3 lakhs | 72% |
| Management Accountant | £29,000-£36,000 | 36.7-45.6 lakhs | 70% |
| Audit Associate | £27,000-£33,000 | 34.2-41.8 lakhs | 75% |
| Financial Analyst | £30,000-£38,000 | 38-48.2 lakhs | 68% |
| Corporate Finance Analyst | £31,000-£40,000 | 39.3-50.6 lakhs | 65% |
Overall Placement Rate: 72% of graduates employed in highly skilled roles within 15 months.
Top Employers: Grant Thornton, KPMG, Deloitte, PwC, EY, Barclays Investment Bank, HSBC, Lloyds Banking Group, Accenture, BDO.
Return on Investment (ROI) Analysis
| Metric | Amount (GBP) | Amount (INR) |
|---|---|---|
| Total Investment (Tuition + Living) | £31,630-£37,690 | 40.1-47.8 lakhs |
| Average Starting Salary (Year 1) | £30,000 | 38 lakhs |
| Average Salary (Year 3) | £40,000-£50,000 | 50.6-63.3 lakhs |
| Break-Even Period | 18-24 months | 18-24 months |
| 5-Year Earnings Gain vs. India Salary | £100,000-£160,000 | 1.27-2.03 crores |
ROI Insight: Graduates typically recover their investment within 18-24 months and earn 2-2.5x more than equivalent accounting professionals in India over 5 years, accounting for currency differences and career progression. Newly qualified chartered accountants in the UK earn £55,000-£70,000 annually compared to ₹8-12.5 lakhs in India.
Summary: University of Greenwich's M.Sc Accounting and Finance offers Indian students an affordable, quad-accredited pathway to UK accounting and finance careers. With 72% placement rates, professional body accreditations (ACCA, CIMA, ICAEW, IFA), and total investment of 40-48 lakhs INR, graduates achieve ROI within 18-24 months and earn 1.27-2.03 crores more than India-based accounting professionals over 5 years. Early application (by May 2026 for September intake) maximizes scholarship chances and accommodation availability.
FAQs
Ques. What is the difference between ACCA, CIMA, ICAEW, and IFA accreditation on the M.Sc Accounting and Finance degree?
Ans. All four accreditations are valuable but serve different career paths. ACCA is globally recognized and best for international careers. CIMA focuses on management accounting and is strong in corporate finance roles. ICAEW (ACA) is the most prestigious in the UK and best for audit and practice roles. IFA is suited for smaller firms and independent practice. The M.Sc provides exemptions from exams for all four, allowing you to choose your preferred qualification path after graduation based on your career goals.
Ques. Is the M.Sc Accounting and Finance from University of Greenwich recognized in India for jobs or further studies?
Ans. Yes. The degree is recognized by Indian multinational companies (Accenture, Deloitte, KPMG, Capgemini, TCS, Infosys) and government bodies. However, most graduates work in the UK or other countries post-graduation due to better salaries (2-2.5x higher) and visa sponsorship opportunities. If returning to India, the UK master's degree combined with ACCA/CIMA qualification significantly enhances credibility for senior accounting and finance roles.
Ques. Can I pursue professional accounting qualifications (ACCA, CIMA, ICAEW) after completing the M.Sc?
Ans. Yes. The M.Sc provides exemptions from several professional exams, allowing you to complete ACCA, CIMA, or ICAEW qualifications faster and at lower cost. Most graduates complete their professional qualification within 2-3 years post-graduation while working. The combination of M.Sc plus professional qualification (e.g., ACCA) significantly boosts career prospects and salary, with newly qualified chartered accountants earning £55,000-£70,000 annually in the UK.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹2347037 (GBP 18700) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living expenses | ₹2302857 (GBP 18348) |
| Total Cost | ₹2302857 (GBP 18348) |
Fee per Credit: $ 103
Important Dates
Start month: September; January
Scores Required
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| International Students Early Confirmation Scholarship | £4,000 | Must have a offer a place to begin a course in September 2025 intake only |
| International Scholarship Award | £2,500 | Eligible international students with a January 2026 offer receive a first-year tuition discount—non-deferrable, non-transferable, and must accept within 21 days. |
Key Resources for Your Study Abroad Journey
Course Guides
1 Year Masters Programs in UK for International Students
Masters in Accounting in UK: Fees 2024, Top Colleges, Placement and salaries
Masters in UK: Top Universities, Admission Requirements, Tuition Fees, and Scholarships
MBA in Finance in UK: Universities, Fees, Eligibility & Salary
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Greenwich International Scholarships Award | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student₹ 1.3 L/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Saltire Scholarships | Scholarship per student₹ 10 L/Yr$8,000 | Level Of StudyMaster | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| India Postgraduate Taught Master’s Scholarship | Scholarship per student₹ 4.5 L/Yr$3,555 | Level Of StudyMaster | TypeCollege-Specific |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline For September Intake (14th Aug 2026) Application Deadline For November Intake (2nd Oct 2026) | INR 24.7 L/Yr GBP 19,700 /Yr |
|
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