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

Professional Accountancy 2022


Available to study anywhere in the world

This programme is aimed at career minded finance professionals who want to stand out from the crowd and complement their professional skills with master’s level understanding and skills applied to accountancy and finance subject areas.

Japanese accountant working in an office
The programme uses Icarus, an award-winning experiential learning tool developed by UCL School of Management academics.

The programme is available to those who are a member of a listed professional accountancy body.

By studying this programme students will:

  • develop an advanced understanding of financial models and management techniques.
  • understand complex models and concepts underpinning financial decisions that underpin assumptions of value creation within organisations.
  • understand the complex internal and external relationships for organisations when management make decisions.
  • be able to assimilate, identify and critically appraise data used for financial decisions at a strategic level in organisations.
  • identify and evaluate options to solving business issues, developing team work and leadership skills through simulated real-world business and management situations.

Programme details

Programme structure, modules and specification

The MSc Professional Accountancy consists of:

  • Two elective modules (15 credits each)
  • One Capstone project module (30 credits).

View modules

Key dates

April 2022 intake
Application open 20  December 2021
Application deadline 07 March 2022
Registration deadline 21 March 2022
Programme starts April 2022

How you study

This programme is offered fully online and allows you to flexibly fit your studies around your schedule. You can choose to study individual modules on a pay-as-you-go basis and build up your qualification at your own pace.

Each module runs over a 10-week session followed by an assessment submission point, with the exception of the Capstone Project module, which runs over two 10-week sessions with two assessment points.

The programme uses Icarus, an award-winning simulation developed by UCL School of Management academics, as an experiential learning tool analysing and exploring a wide range of accounting, finance and strategic management related challenges.

Study materials

The programme is offered online and is fully supported by a Virtual Learning Environment (VLE). All essential resources, activities, videos, discussions and support are provided through the VLE, which can be accessed from a range of devices.

You can fit your studies around your work commitments to complete the programme successfully and there is no need to purchase additional textbooks.

Online support

The programme is delivered online and there is no requirement to come to the UK as part of your studies. Our flexible online programme allows you to work around your own schedule and leads to a globally-recognised qualification.

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

  • Virtual Learning Environment (VLE) - provides access to the online Reach Out forum so you can collaborate with fellow students, links to electronic study materials, and the Student Guide which covers advice from starting through to graduation.
  • The Online Library - provides access to over 100 million academic electronic items comprising E-books, E-journals, conference proceedings. Plus items not held in the library can be requested 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.
  • Access to academic support and feedback - tutors introduce the modules, respond to queries, monitor discussions and provide guidance on assessments.

Student support

You will have access to support through:

  • The Student Advice Centre – provides support for application and Student Portal queries.
  • TalkCampus – a peer support service that offers a safe and confidential way to talk about whatever is on your mind at any time of day or night.
  • Student Relationship Managers (SRMs) - are here to support and advise you throughout your studies. They aim to ensure that you are fully up-to-date with important and useful information about how best to complete your studies.

Tutor support

All students receive online tutor support while studying this programme. Tutors introduce the modules, respond to academic queries, monitor and facilitate discussions and anchor students each week of their studies to help them stay on track.

Time commitment

The flexible approach to learning allows you to complete the MSc in a minimum of six months (subject to module availability) to a maximum of five years. You can study at your own pace, adjusting the intensity of learning to suit your needs.


During your study period you will undertake a summative assessment for each module. Each module contains more about coursework and marks.

Entry requirements

What qualifications do you need?

To satisfy the entrance requirements to register for the MSc, you must have fulfilled the membership requirements of a listed professional accountancy body.

English Language requirements

You will meet the English language requirement if you have one of the following:

  • passed the English versions of your professional accountancy body qualifications
  • are a current member of an agreed professional accountancy body
  • have a bachelor’s degree, which is considered at least comparable to a UK upper second-class honours degree from an institution acceptable to the university assessed in English.

If you do not meet any of the above, you must have passed, within the past three years, a test of proficiency in English language, from an organisation acceptable to the University. This standard must be met before you register for the MSc.

Or you have one of the following English language proficienty tests 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

For this programme, you will need regular access to a computer with an internet connection and a web browser. For the Capstone Project, you will need one of the following supported platforms:

  • Mobile platforms of iOS, Android and Windows 10 support
  • iOS support OS version 8+
  • Android support API level 19+ Version 4.4 - 4.4.4
  • Windows 10 UWP version
  • Icarus (Professional Accountancy) App (latest version)
  • Other specialised software may be made available by the University if required.

More about computer requirements


Your fees to pay depends on whether you live in a developing (Band A) or developed (Band B) nation - see Countries and Regions list [PDF].

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

The programme fees below refer to the April 2022 session only and are effective from 01 December 2021. These may increase by up to 5% per year.

Important: the table below does not include fees payable to a third party, such as or fees charged by your local examination centre, or local VAT, Goods and Services Tax (GST) or sales tax.

Application fee  
Application fee (non-refundable) 107
The application fee (non-refundable) is payable when you make your application for the MSc, PGDip, PGCert or Individual modules taken on a standalone basis. If your application is successful, you will receive an offer inviting you to register. The application fee is separate to other fees listed.
Offer validity: All offers for this programme are valid for the session in which you apply. If you do not complete registration for the given session then on request we will reissue your offer for the following three subsequent sessions. If you would like your offer reissued then you should contact us(Opens in new window). After the subsequent third session the offer has expired, meaning if you would like to then complete registration you would need to submit a new application.
MSc full programme fee 2021-2022
Band A countries 3200
Band B countries 4333
MSc indicative totals* 2021-2022
Band A countries (web-supported) 3307
Band B countries (web-supported) 4440
Pay per module 2021-2022
Web-supported learners:
Band A 15-credit module 800
Band A 30-credit project module 1600
Band B 15-credit module 1083
Band B 30-credit project module 2167
*The MSc indicative totals given represent the amount you would expect to pay if you were to complete the MSc degree in the minimum period of time (six months, subject to module availability), without resits, and with a year-on-year increase of 5%. These totals do not reflect the cost of any additional tuition support you may choose to take, applications for Recognition of Prior Learning or the fee levied by your local examination centre.

Disclaimer: Currency conversion tool.Some fees are non-refundable. Please see the refund and compensation policy for further details.

How fees work

Your fees include study materials and entry into assessments.

The full programme fee includes all module and continuation fees for the duration of your study, as well as online tutor support. By paying in full at the beginning of your programme, you receive a discount on paying per module and avoid any annual fee increases.

With pay per module, you pay for each module as you register for it. The ‘web-supported learning’ fee includes support from a University of London online tutor.

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

Additional Costs

You will also need to budget for:

  • Textbooks (could extend to around £300 per year)
  • Exam centre fees, which are paid directly to the venues where you sit your exams
  • Tuition costs if you study at a Recognised Teaching Centre.

How to pay your fees.

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.

Further information on Sales Tax.

Your payment provider may apply additional transaction fees. (If in doubt, please check with them before making a payment.)

Further information about fee payment options can be found in the “How to pay your fees” link above.

Career opportunities

Our MSc Professional Accountancy is targeted at career minded finance professionals who wish to complement their professional skills with master’s level understanding and skills applied to accountancy and finance subject areas.

Enhancing your professional profile is an ever-present need in our ever-changing world. Building upon your professional qualification with a master's degree from a prestigious global institution such as UoL is now possible - offering a fast-track opportunity gateway to future possibilities.

Continuing Professional Development (CPD)

Some professional accountancy bodies may recognise MSc learning hours as equivalent to CPD units. Please check with your professional body on specific CPD equivalency conversion.

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.

Academic leadership

Academics at University College London's (UCL) School of Management provide the direction for the MSc programme, design the modules, develop the learning content, plus set and mark the assessments.

UCL (University College London) is one of the most prestigious universities in the world. Ranked in the top 10 four years running, in the QS World University Rankings® 2022 UCL is ranked 8th in the world.

Programme Director

Professor Lynsie Chew leads the UCL's School of Management's Digital Education team. Lynsie has won four awards for teaching quality and her specialisms are in Accounting, Financial Management and International Financial Systems. She is co-editor/co-author of six Pearson Custom textbooks. She is also a Faculty Advisor at Harvard Medical School, and engages in international scholarly activity in numerous fields within accounting and education.

Deputy Programme Director

Professor Alan Parkinson is Professor of Financial Education at UCL and School Deputy Director and leads the Finance, Accounting and Economics Teaching Team. With extensive experience of curriculum planning and design, he also works regularly with international companies on a consulting basis, and on Executive Education programmes. He is Visiting Professor at Ecole des Ponts in Paris, and a Faculty Adviser at Harvard Medical School.

Funding your study

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 or all of the programme fees if you can make a compelling case as to how this programme will boost your contribution to the workplace. Full details and a template available for students regarding sponsoring.

More details about sponsoring plus info to complete your business case to present to your employer.

What our students think


agreed the reality of their programme was what they expected or better.


were satisfied overall with the quality of the programme.


agreed the flexibility of the programme met their needs.