Accountancy and Business Management at Aberdeen will help you gain a strong advantage in pursuing a career in business and finance. You will gain a thorough grounding in the theory and practice of accountancy and will acquire the business knowledge and skills to manage the challenges of fast-moving regional, national and global economies.
This programme is studied on campus.
You will gain a strong foothold in accountancy and develop the analysis and evaluation skills required to process accounting information in a modern economy.
Your studies in Business Management will complement your learning in Accountancy, giving you a strong ‘people’ perspective and a wide understanding of how organisations function as well as the challenges they face as business becomes increasingly global.
Your skills will develop within the confines of a dynamic learning and research environment, inspired by staff from a range of professional backgrounds and financial markets. You will learn how complex organisations operate and will benefit from being involved in real-life scenarios.
You will have access to professional training facilities such as our virtual trading room and the Thomson Reuters Eikon trading floor, which is used by major financial service companies across the world.
You will thrive in the international, dynamic environment of our Business School with classmates from 45 nationalities creating a truly global experience. The support you will receive from teaching staff and dedicated careers advisers will help you to develop as an individual with the skills and attributes sought by employers from a range of businesses.
Key Programme Information
At a Glance
- Learning Mode
- On Campus Learning
- Degree Qualification
- 48 months
- Study Mode
- Full Time
- Start Month
- UCAS Code
What You'll Study
- Year 1
- Academic Writing for Business (AW1003)
This compulsory evaluation is designed to find out if your academic writing is of a sufficient standard to enable you to succeed at university and, if you need it, to provide support to improve. It is completed on-line via MyAberdeen with clear instructions to guide you through it. If you pass the evaluation at the first assessment it will not take much of your time. If you do not, you will be provided with resources to help you improve. This evaluation does not carry credits but if you do not complete it this will be recorded on your degree transcript.
- Accounting and Accountability (AC1011) - 15 Credit Points
This course introduces the theoretical and contextual foundation of accounting. It does not involve any technical aspects of accounting or bookkeeping but provides an introduction to the political, economic, institutional, professional and managerial context of accounting. The main content includes:
- Socio-political and economic mechanisms of accountability; theories of accountability.
- Constitution of organisations and the role of accounting within organisations.
- Constitution of accounting as a business function: how accounting is organised within organisations.
- Constitution of Accountancy as a Profession: how accountancy is organised as a profession.
- Sustainability and accounting: how accounting is reorganised to address sustainability issues.
- The Economics of Business and Society (EC1006) - 15 Credit Points
This course is an introductory course in microeconomics where we study the decision making of individual actors (consumers, employees, firms, governments, etc.) in an economy. Actors must make decisions about behaviours because they face scarce resources, but often they find that trading with other actors in markets can increase the wellbeing of all parties. This course models and examines the nature of these interactions, highlighting when they work well and when they fail to increase wellbeing and what might be the solution to these failures.
- Finance 1: Finance, Risk and Investment (FI1004) - 15 Credit Points
This foundation course in finance, risk and investment is the requisite for several degree programmes and for level 2 real estate and finance courses. The module considers the nature and operation of investment markets, focusing on three asset classes; shares, bonds and real estate. It looks at the characteristics of these investment options in terms of their risks and returns. The module introduces basic financial mathematics: time value of money, calculation of present values and investment rates of return. Finally, it considers the role of financial institutions and regulatory bodies in personal finance, where consumers and financial markets interact.
- Managing Organizations (MS1009) - 15 Credit Points
The aim of this course is to introduce students to the fundamentals of management, the internal structure and processes of organisations. Students will understand the main functions of management, what management is, what managers do and the factors that influence behaviour and performance of managers and other employees within an organisation.
The course will introduce a range of theories, research and real-life illustrations of a diverse range of management practices and organisational behaviour. The course will cover areas of: Staffing, Groups and Teams, Leadership and Management, Human Resource Management, Organisational Structure, Culture and Change, Communication, Marketing, Branding and Organisational Processes.
- Accounting and Entrepreneurship (AC1515) - 15 Credit Points
This is an introduction to accounting which aims to provide an understanding of how organisations – particularly small and medium sized businesses – capture, create and use accounting information both to guide their activities internally within the management function and to communicate their financial performance and position to external users of the accounts. This course allows students to develop practical and analytical skills through a problem-solving approach to accounting-related aspects of business performance reporting and control, particularly in relation to bookkeeping, accounts preparation, budgeting and management accounting.
- The Context of Business (MS1509) - 15 Credit Points
In The Context of Business, you will be introduced to the external context in which businesses operate. The course is designed to explore the political, economic, sociocultural, technological, ethical and market influences on business. It examines the role and place of business in an increasingly globalized world by looking at the ways in which businesses respond to their environment through innovation, strategy, operations and marketing. The aim of the course is to give an overview of issues that are relevant to the modern business environment and to prepare you for further study by stressing learning skills relevant across disciplines.
- Professional Skills Part 1 (PD1001)
This course, which is prescribed for level 1 students and optional for level 2 students, is studied entirely online and covers topics relating to careers and employability, equality and diversity and health, safety and wellbeing. During the course you will learn about the Aberdeen Graduate Attributes, how they are relevant to you and the opportunities available to develop your skills and attributes alongside your University studies. You will also gain an understanding of equality and diversity and health, safety and wellbeing issues. Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’ (non-completion will be recorded as ‘Not Achieved’). The course takes approximately 3 hours to complete and can be taken in one sitting, or spread across a number of weeks and it will be available to you throughout the academic year.This course, which is prescribed for level 1 students and optional for level 2 students and above, is studied entirely online and covers topics relating to careers and employability, equality and diversity and health, safety and wellbeing. During the course you will learn about the Aberdeen Graduate Attributes, how they are relevant to you and the opportunities available to develop your skills and attributes alongside your University studies. You will also gain an understanding of equality and diversity and health, safety and wellbeing issues. Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’ (non-completion will be recorded as ‘Not Achieved’). The course takes approximately 3 hours to complete and can be taken in one sitting, or spread across a number of weeks and it will be available to you throughout the academic year
Select a further 30 credit points from courses of choice.
- Year 2
- Management Accounting 2 (AC2031) - 15 Credit Points
This course extends the operational tools and techniques introduced in AC1514. It develops more complex problem-solving techniques in the planning, control and decision-making process. It shows how quantitative methods and analytical techniques can be applied in management accounting solutions to management problems. It also emphasises the diverse industrial, commercial and not-for-profit settings in which management accountants work. It seeks to develop in students an understanding the organisational context as well as the nature of management accounting information. The focus is to enhance students’ problem-solving and communication skills, and develop their ability to select and apply appropriate techniques in specific contexts.
- Finance 2: Business Finance (FI2004) - 15 Credit Points
The main aim of this course is to develop a sound understanding of fundamental principles underlying the theory and practice of finance, thereby providing a strong basis for further study of advanced finance theory and cognate disciplines. The course introduces students to important concepts in finance: principles of assets pricing, concept of risk and return, theory of interest rates and pricing fixed income securities, evaluation of investment project with a focus on embedded real options. It equips students with good analytical skills in order to understand the implications of financial decisions by understanding the fundamentals that govern them.
- Managing Customers and Markets (MS2005) - 30 Credit Points
This course provides students with an overview of the underpinning concepts of marketing, and the requirements for the development of a market oriented organisation. Specifically introduces the basic concepts of buyer behaviour, market research, the marketing mix and the strategic context of marketing. The linkages between marketing and other key functional areas of management, notably operations and human resource management are highlighted by this course, encouraging the adoption of a systems perspective.
- Financial Accounting 2 (AC2530) - 15 Credit Points
The objective of FA2 is to build upon material introduced in first year in order to develop students' technical skills in financial statement preparation. Students will gain an appreciation of the regulatory framework for financial reporting. They will examine the usefulness of financial statement information, by looking at the form and content of accounts produced by partnerships and public limited companies. Students will explore how to account for basic transactions through the implementation of current accounting standards and apply their knowledge in both the manual and the computerised environment, the latter through the SAGE accounting package.
- Understanding Statistics (PO2508) - 15 Credit Points
This course aims to provide students with an understanding of statistical concepts and methods relevant to accounting, management, finance, real estate and economics. The course is intended to enable students
i) To understand the principles of descriptive statistics, index construction, statistical inference, correlation, regression and time series analysis
ii) To apply statistical techniques to the analysis of accounting, business and economic issues and interpret findings
iii) To identify important sources of data in accounting, business and economics
- Operations Management (MS2511) - 15 Credit Points
Operations is the part of management that considers processes rather than people and focuses on the organisation rather than its environment.
We study processes and process types: when we produce goods or provide services through projects, jobs, batches or by mass production or mass services. We study layout–how facilities are arranged–, capacity and inventory–how much we can make and when to store–, supply chains, project management, quality and improvement.
The course considers theories such as lean and just-in-time but also practice. You will need a calculator besides the ability to write reports.
Select a further 15 credit points from courses of choice.
- Year 3
- Financial Accounting 3 (AC3049) - 15 Credit Points
This course builds upon the material in Financial Accounting 2. The aim of the course is to strengthen practical and analytical accounting skills through the study of accounting problems and to develop the ability to critically appraise conventional accounting practice through an understanding of alternative accounting theories and their application to topical issues in financial accounting.
- Management Accounting 3 (AC3054) - 15 Credit Points
Building upon the material in Management Accounting 2, the course examines in greater detail behavioural, managerial, and strategic aspects of management accounting and management control. The course content includes management accounting issues pertaining to:
- Strategic management accounting
- Operational management issues including quality management
- Performance evaluation and management systems
- Management control systems, and
- Advance decision making techniques such as decision-trees, learning curves and project evaluation and review techniques
- Auditing (AC3557) - 30 Credit Points
The objective of the course is to allow students to develop an understanding of financial statement audit processes and the role of auditors in society. Students will gain an understanding of the history, and legal and professional frameworks within which audit operates. They will gain an appreciation of audit techniques , the role of judgment and ethical requirements and will explore current developments in the profession. There is regular interaction with local accountancy firms. The course requires a high degree of personal study and students will be required to prepare individual and group presentations which are key audit skills.
- Select Research Methods for Business (MS3553) where taking a dissertation in Business Management.
- Select further credit points to gain 60 credits in Business Management Level 3 courses.
- Research Methods for Business (MS3553) - 30 Credit Points
This course introduces students to what is involved in undertaking research into business phenomena. It introduces philosophical issues in the theory of knowledge, ethical issues in research conduct, and considers quantitative and qualitative methods in turn, addressing issues in sampling and design, details of specific approaches, and considerations in data analysis. The course is taught through weekly lectures and an extended two hour tutorial every fortnight, with two pieces of coursework and a two hour written exam. The emphasis throughout is on understanding the conceptual underpinning of different methods, and their strengths and limitations in research.
- Year 4
- Accounting Theory (AC4033) - 30 Credit Points
The content is organised into three main areas covering mainstream, positive and critical theoretical literature in accounting related to:
• Financial reporting practices and regulations
• Management accounting practices and history
• Accounting research methodologies
One of the following Options:
- Dissertation in Accountancy (AC4528)
- Business Strategy (MS4536)
- Select further credit points from level 4 Business Management courses to gain 60 credits
- Select further credit points from level 4 Business School courses to gain total of 120 credits.
- Dissertation in Management Studies (MS4539)
- Select further credit points from level 4 Business Management courses to gain 60 credits
- Select further credit points from level 4 Business School courses to gain total of 120 credits
- Dissertation in Accountancy (AC4528) - 30 Credit Points
All Accountancy and Finance students must undertake a dissertation. Students taking a joint degree may undertake the dissertation in either discipline, but not both. It is designed to show that you are able to:
Carry out a substantial piece of research on a chosen subject without close supervision
Critically analyse and evaluate work carried out by others
Reach your own conclusions based upon your analysis and evaluation of relevant evidence, whether this is prior research only or prior research coupled with your own research.
Write-up the results of your work in a clear, coherent and logical way.
- Business Strategy (MS4536) - 30 Credit Points
This course is about business strategy and covers a broad range of topics that come under the general heading of “Business Strategy” or “Strategic Management”. The course has been designed to help you gain an understanding of the key areas of strategic management including an understanding of: what strategic management is and why it is important; the different types of strategic analysis tools available; the difference between corporate, business and functional strategy; the complex issues associated with the implementation of strategy; the concept of strategic fit; and the role for strategic leadership in shaping and implementing strategy.
- Business Management Dissertation (MS4540) - 30 Credit Points
Students in this course conduct independent research under the guidance of a supervisor. They can select their own dissertation topic or choose one of a range of topics offered by staff within Management Studies. Students undertake a qualitative and/or quantitative piece of empirical research and produce a dissertation at the end of the process. This course provides them with an opportunity to develop a range of generic and research-specific skills including critical thinking, argumentation, writing, time management, review of literature, research design, and data analysis.
We will endeavour to make all course options available; however, these may be subject to timetabling and other constraints. Please see our InfoHub pages for further information.
How You'll Study
- Individual Projects
Students are assessed by any combination of three assessment methods:
- coursework such as essays and reports completed throughout the course;
- practical assessments of the skills and competencies they learn on the course; and
- written examinations at the end of each course.
The exact mix of these methods differs between subject areas, years of study and individual courses.
Honours projects are typically assessed on the basis of a written dissertation.
- View detailed learning and assessment information for this programme
How the programme is taught
The typical time spent in scheduled learning activities (lectures, tutorials, seminars, practicals), independent self-study or placement is shown for each year of the programme based on the most popular course choices selected by students.
How the programme is assessed
The typical percentage of assessment methods broken down by written examination, coursework or practical exams is shown for each year of the programme based on the most popular course choices selected by students.
Learning Methodscheduled: 24%
Learning Methodscheduled: 22%
Learning Methodscheduled: 20%
Learning Methodscheduled: 10%
Why Study Accountancy and Business Management?
- This programme combines two highly employable subject areas, developing your skills, knowledge and theory. You will be able to draw upon your experience across your career within financial business administration.
- An MA (Hons) Accountancy and Business Management gives you a wide range of career options, such as administration, chartered accountancy, events management, hospitality, HR, recruitment and training, investment banking and management, management consultancy, marketing, retailing and wholesaling, transport management, accountancy and finance.
- You will learn through a variety of styles, including practical assessments.
You will find all the information you require about entry requirements on our dedicated 'Entry Requirements' page. You can also find out about the different types of degrees, changing your subject, offers and advanced entry.
The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.
Please note: entry requirements are different for 2018 and 2019 entry.
Entry Requirements (2018):
SQA Highers - AABB
A Levels - BBB
S Grade/GCSE - Maths
IB - 32 points, including 5, 5, 5 at HL
ILC - 5H with 3 at H2 AND 2 at H3 OR AAABB, obtained in a single sitting. (B must be at B2 or above)
Advanced Entry - Available only with experiential or other qualifications at post A Level or Advanced Higher Standard.
Entry Requirements (2019):
Entry requirements for 2019 will be displayed here shortly.
Further detailed entry requirements for Arts and Social Sciences degrees.
English Language Requirements
To study for an Undergraduate degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:
OVERALL - 6.0 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0
OVERALL - 78 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21
OVERALL - 54 with: Listening - 51; Reading - 51; Speaking - 51; Writing - 54
Cambridge English Advanced & Proficiency:
OVERALL - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169
Fees and Funding
You will be classified as one of the fee categories below.
For international students (all non-EU students) the tuition fee charged upon entry will apply to all years of study; however, most international students will be eligible for a fee waiver in their final year via the International Undergraduate Scholarship.
Most RUK students (England, Wales and Northern Ireland) on a four year honours degree will be eligible for a full-fees waiver in their final year. Scholarships and other sources of funding are also available.
|Home / EU||£1,820|
|Students Admitted in 2018/19 Academic Year|
|Students Admitted in 2018/19 Academic Year|
International non-EU Applicants
- In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. Any additional fees for a course can be found in our Catalogue of Courses.
- For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our InfoHub Tuition Fees page.
Our Funding Database
View all funding options in our Funding Database.
Careers in Accountancy and Business Management are in high demand globally, especially within private global industry where there is opportunity to work across countries or as a consultant and advisor upon further study.
The University of Aberdeen courses are accredited by the Institute of Chartered Accountants of Scotland (ICAS), Chartered Institute of Management Accountants (CIMA), Association of Chartered Certified Accountants (ACCA) which can form part of a direct path to being granted exemptions from the examinations necessary to get professional qualification status.
This degree holds accreditation from
Information About Staff Changes
You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. Staff changes will occur from time to time; please see our InfoHub pages for further information.
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