Study this programme anywhere in the world and receive a fully accredited University of London degree

University of London

Small Navigation Menu

Primary Menu

Professional Accountancy

MSc and PGCert

Gain a University of London master's degree and your ACCA professional qualification at the same time. This is the only master's degree with ACCA recognition. Available anywhere in the world, it prepares you for senior roles and helps you to stand out from the crowd.

If you're a current ACCA student, you can gain a master's degree alongside your professional qualification. If you've already completed your professional exams, boost your qualification cost-effectively with our prestigious master's degree.

Watch Nigerian graduate Etidu share her experience of studying with us via distance-learning.

This programme covers strategic financial issues that are important for financial officers, managers, managers and analysts involved with finance-related activities. Gain an understanding of key issues and applied methodologies relating to strategic management accounting and evaluating risk.

There are two pathways to achieve the master’s degree, depending on which entrance requirements you meet.

Local teaching support

You can receive local support from a local teaching centre, use the dropdown to find your nearest centre.

Programme details

PGCert: ACCA students without the two Strategic Professional Essentials (SBL and SBR) have to complete two modules.

MSc Pathway 1: ACCA students with the two Strategic Professional Essentials (SBL and SBR) have to complete three modules.

MSc Pathway 2: ACCA Members and Affiliates have to complete two modules.

View Modules

January 2020 intake
Application open30 September 2019
Application deadline02 December 2019
Registration deadline09 December 2019
July 2020 intake
Application open23 March 2020
Application deadlineTBC
Registration deadline22 June 2020

You can study this online programme from anywhere in the world. Each module is studied over 22 weeks. You receive comprehensive learning materials and a choice of tuition options.

Study materials

We provide you with all of the resources and study materials you need to complete the course successfully, including the essential reading for each module. You can access these through the Virtual Learning Environment (VLE) on a range of devices.

Our online learning resources typically include multimedia content, activities and exercises (e.g. multiple choice quizzes, reflective exercises and self-assessment questions), as well as facilities for you to interact with your tutor and fellow students. You'll also receive access to two short introductory modules that help you get the most from your studies.

Online support

When you register, we will give you access to your Student Portal. You can then access your University of London email account and other key resources:

  • The Online Library provides access to over 100 million academic electronic items comprising E-books, E-journals, conference proceedings, etc. In addition, students can request items which are not held in the library via the library's Inter-Library loans service with the British Library.
  • Senate House Library provides free reference access for all registered distance and flexible learning students.

Tutor support

All students receive tutor support and feedback while studying this programme. Tutors introduce the modules, respond to queries, monitor discussions and provide guidance on assessments.

  • Web-supported learning: if you register for a module as a web-supported learner, you join an online tutor group.
  • Institution-supported learning: if you enrol for a module with a local teaching centre, you receive face-to-face tuition. This option is currently available in six countries.

Time commitment

Study at your own pace, either part-time or full-time. You can complete the MSc in as little as six months or take up to five years. Each module is studied over a 22-week session, requiring an average of 10-15 hours per week. Modules run twice per year starting in January and July.


Each module includes a mix of formative and summative assessments. Formative assessments help to measure your progress but do not count towards your grade. Summative assessments do count towards the final grade. They include coursework and a project or written exam. Exams are usually held in June and December.

All elements of assessment for a module must be completed in the same study session.

When will your marks be recognised?

If you sit an exam in December, you can expect to see this reflected on your ACCA transcript in April. In you sit an exam in June, it should be updated by October.

What qualifications do you need?

  • PGCert: you must be a current ACCA student with passes in all nine Applied Knowledge and Applied Skills papers.*
  • Pathway 1: you must be a current ACCA student with passes in all nine Applied Knowledge and Applied Skills papers and the two Strategic Professional Essentials (SBL and SBR).*
  • Pathway 2: you must be a current ACCA Member or Affiliate, with passes in all nine Applied Knowledge and Applied Skills papers, the two Strategic Professional Essentials (SBL and SBR) and two Strategic Professional options from AFM, APM, ATX and AAA.*

[*] or earlier forms (e.g. 'F' and 'P' papers).

Without exams?

If you’re an ACCA Member without any Professional Level exams, you should contact ACCA to ask about your eligibility.

Over five years?

If your last ACCA pass was over five years ago, you’ll need to demonstrate that your Continuing Professional Development (CPD) record meets ACCA policy, including an up-to-date CPD declaration.

You’ll also need to complete a certified online preparation course. It takes about 3-5 hours a week over four weeks (although you can complete it faster). There is a fee of US$49 to take the test and receive the certificate.

Sign up for 'Issues for the Finance Professional'

English Language requirements

You meet the language requirement if you meet one of the following:

  • You have passed the English version of the nine ACCA Applied Knowledge and Applied Skills papers (or gained exemption by completing an English-language undergraduate degree approved by ACCA).
  • You have passed the English version of either of the Strategic Professional Essentials (SBL or SBR), or equivalent.
  • You are a current ACCA Member or Affiliate.

Alternatively, you’ll need one of the following from the past three years:

  • IELTS: 6.5 overall, with 6.0 in the written test.
  • TOEFL iBT: 92 overall, with 22+ in reading and writing and 20+ in speaking and listening.
  • Pearson Test (Academic): 59 overall, with 59+ in reading and writing and 54+ in speaking and listening.
  • Cambridge Certificate of Proficiency in English.
  • Cambridge Certificate of Advanced English (grade C or above).

Computer requirements

We set minimum basic computer requirements because your study resources are accessed via the Student Portal and it is vital that you can access this regularly.

More about computer requirements.

The fee you pay depends on three factors:

  • Whether you choose web-supported or Recognised Teaching Centre supported learning.
  • Whether you live in a developing (Band A) or developed (Band B) nation.See the list of Band A and B countries [PDF]
  • The qualification or pathway on which you register (requiring two or three modules).

Because you complete the degree with as few as two modules, both options are very competitively priced compared to other academic degrees.

Professional Accountancy full programme fees (indicative totals*)2020 study sessions
Band A countries:
PGCert (two modules, independent web-supported student)2950
MSc (Pathway 1, web-supported student)4225
Band B countries:
MSc (Pathway 2, Recognised Teaching Centre supported student)3170
Pay per module2020 study sessions
Independent web-supported students:
Module fee (Band A)1475
Module fee (Band B)1700
Recognised Teaching Centre supported students:
Module fee (Band A)1360
Module fee (Band B)1585
Module continuation fee (if you do not complete in the six-month session) Band A and B countries680
See details below for costs you may incur with parties which are external to the University of London, for example, examination centre charges and locally imposed taxes. You should budget for these accordingly.

Disclaimer: Currency conversion tool.

*The indicative full programme fee includes all module and continuation fees payable to the University of London for the duration of your study, as well as online tutor support. This fee does not include applications for Recognition of Prior Learning, local exam centre fees and fees payable to University of London Recognised Teaching Centres.

Fees are subject to annual review. These include study materials and entry into assessments.

The higher ‘web-supported learning’ fee includes support from a University of London online tutor. If you opt for ‘Recognised Teaching Centre supported learning’, you pay a smaller fee to the University and a separate fee to a local teaching centre for face-to-face tuition. Contact your local teaching centre directly for information about fees.

The module continuation fee is the cost per module if you defer an examination or need to retake assessments. It includes all study materials, entry into assessments, and online tutor support.

Additional Costs

You will also need to budget for:

  • Exams (Pathway 1, MSc/PGCert): exam centres around the world charge a fee for hosting your exams. Contact your local centre for details.
  • Tuition: as described, teaching institutions charge for face-to-face tuition if you choose to take modules with institution-supported learning.
  • Preparatory Costs: if your most recent ACCA pass was over five years ago, you’ll need to complete an online preparation course ($49).

How to pay your fees.

Some fees are non-refundable. Please see the refund and compensation policy for further details. 

Please note: all student fees shown are net of any local VAT, Goods and Services Tax (GST) or any other sales tax payable by the student in their country of residence. Where the University is required to add VAT, GST or any other sales tax at the local statutory rate, this will be added to the fees shown during the payment process. For students resident in the UK, our fees are exempt from VAT.

Our MSc Professional Accountancy enables you to combine your professional qualifications with a world-class academic degree that will prepare you for the next step in your career.

Providing global access to a prestigious master’s qualification as part of ACCA’s professional qualification will offer our students and members the opportunity to enhance their employability even further.

Alan Hatfield, Executive Director – Strategy and Development, ACCA

Continuing Professional Development

One hour of learning equates to one CPD unit. Your studies could easily provide your full 40 units for one year. You can even carry forward 21 units to the next year.

What do employers think of our graduates?

In some countries, qualifications earned by distance and flexible learning may not be recognised by certain authorities or regulators for the purposes of public sector employment or further study. We advise you to explore the local recognition status before you register, even if you plan to receive support from a local teaching institution.

Assessments and academic direction are provided by the School of Management at University College London (UCL). UCL is ranked seventh in the world by QS World University Rankings 2018.

We provide the learning content for the modules you study, drawing upon our knowledge, expertise and experience. It looks at practical challenges, identifying and applying ideas and models as responses and solutions.

Alan Parkinson, Deputy Director (Education), UCL School of Management.

Association of Chartered Certified Accountants (ACCA)

ACCA is the world’s leading body for professional accountants, with over 170,000 members and 436,000 students in 180 countries. It holds joint membership of other international accountancy bodies and its qualifications are recognised by key regulatory and education authorities around the world.

Programme Director

Lynsie Chew is Senior Teaching Fellow in Accounting in the UCL School of Management. She specialises in Accounting, Financial Management and International Financial Systems, and is co-editor/co-author of three Pearson Custom textbooks. She engages in international scholarly activity in numerous fields within accounting and education.

Without the cost of moving to London, studying for your University of London degree anywhere in the world represents excellent value for money. However, there may be additional sources of support depending on where you live and how you choose to study.

Masters in Professional Accountancy does not meet the UK Postgraduate Loans course eligibility criteria and is not listed on the Student Loans Company Course Management Service.

More on funding your study.

Can I get sponsored?

If you're employed, your employer may be willing to cover part/all of the programme fees if you can make a compelling case as to how this programme will boost your contribution to the workplace.

Download our template and complete your business case to present to your employer.

More on employer sponsorship

A master's in six months.

Shagufa Jamaldeen - Professional Accountancy - Dubai

"The programme content of the Master’s degree was relevant and addressed global issues that finance professionals are facing in the workplace."

A master's degree in six months - Shagufa's story

Show story