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Heriot-Watt University

Economics and Accountancy

UCAS Code: LN14

Master of Arts (with Honours) - MA (Hons)

Entry requirements


A level

B,B,C

For entry to Year 2: ABB with at least one of the following preferred: Accounting, Business or Economics.

International Baccalaureate Diploma Programme

29

For entry to Year 2: 34 points including Maths or Economics at Higher Level 5.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

DDM

in relevant subject (Accountancy, Business, Economics, Finance preferred) for entry to Year 1. For entry to Year 2: DDD in relevant subject (Accountancy, Business, Economics, Finance preferred).

Scottish Advanced Higher

B,B

with AABB at Higher to include Maths entry to Year 2.

Scottish HNC

Pass

HNC (Accounting or Business preferred) with B in graded unit for entry to Year 1.

Scottish HND

Pass

For Year 2 entry: HND (Accounting or Business) with BB in graded units.

Scottish Higher

A,A,B,B

UCAS Tariff

96-120

We've calculated how many Ucas points you'll need for this course.

About this course


Course option

4.0years

Full-time | 2021

Subjects

Economics

Accountancy

Economics at Edinburgh Business School is underpinned by the work of globally active researchers and has the 3rd highest levels of student satisfaction in the UK (NSS2019). This joint degree prepares you to make a difference with specialist knowledge.
MA (Hons) Economics and Accountancy at Edinburgh Business School will give you the skills to investigate, analyse and answer global economic questions and a specialist understanding of accounting theories and practice.
This degree does not require prior knowledge of the core disciplines of economics and accountancy. Study begins at an introductory level and the degree has a flexible structure to enable students to tailor their studies so that they can pursue their own interests.
As a result, graduates are able to embark upon successful careers, especially in accounting, banking, finance, the civil service and a wide range of management roles, or pursue further study in economics and related disciplines.
Your learning will be underpinned by the knowledge of highly respected economists who design and teach our courses with a real-world focus that stems directly from their global research into economic issues.
Accounting courses are taught with an industry-focus by academics and experienced practitioners and many are accredited by major professional bodies in the UK.

Accreditation
Heriot-Watt University is accredited as a Bloomberg Experiential Learning Partner, recognising us as a leader in experiential learning in the area of finance.

Tuition fees

Select where you currently live to see what you'll pay:

Channel Islands
£9,250
per year
England
£9,250
per year
EU
£15,384
per year
International
£15,384
per year
Northern Ireland
£9,250
per year
Scotland
£1,820
per year
Wales
£9,250
per year

The Uni


Course location:

Edinburgh Campus

Department:

Economics

TEF rating:
Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

87%
high
Economics
80%
med
Accountancy

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Economics

Teaching and learning

95%
Staff make the subject interesting
99%
Staff are good at explaining things
92%
Ideas and concepts are explored in-depth
88%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

73%
Library resources
81%
IT resources
88%
Course specific equipment and facilities
93%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

87%
UK students
13%
International students
76%
Male students
24%
Female students
90%
2:1 or above
4%
Drop out rate

Most popular A-Levels studied (and grade achieved)

B
B
B

Accounting

Teaching and learning

76%
Staff make the subject interesting
93%
Staff are good at explaining things
84%
Ideas and concepts are explored in-depth
74%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

88%
Library resources
86%
IT resources
87%
Course specific equipment and facilities
87%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

47%
UK students
53%
International students
29%
Male students
71%
Female students
75%
2:1 or above
2%
Drop out rate

Most popular A-Levels studied (and grade achieved)

C
C
C

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Economics

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£24,000
med
Average annual salary
100%
high
Employed or in further education
75%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

35%
Business, finance and related associate professionals
23%
Business, research and administrative professionals
9%
Other elementary services occupations

This is a degree in demand, as business increasingly needs workers who can examine and explain complex data. And yet the number of economics graduates fell by nearly 10% last year, which means demand is even greater. As so many economic grads go into banking and finance, it's not surprising that over half of all 2015's economics graduates who did go into work were working in London. And don't think it's just the finance industry that's interested in these graduates - there's a significant number who enter the IT industry to work with data as analysts and consultants. It's quite common for economics graduates to go into jobs such as accountancy and management consultancy which may require you to take more training and gain professional qualifications - so don’t assume you won’t have to take any more exams once you leave uni. And the incentive to take them, of course, is better pay, which will be on top of an already healthy average starting salary of over £30,000 for graduates working in the capital.

Accounting

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£20,000
med
Average annual salary
92%
low
Employed or in further education
79%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

47%
Business, research and administrative professionals
25%
Business, finance and related associate professionals
8%
Administrative occupations: finance

You don't have to be an accountant if you take this degree, but over half of graduates take a look at the rewards on offer for accountancy trainees and go into the job. Many others go into other parts of the finance industry as advisors or book-keepers, and some go into management or marketing. London is very popular for accountancy graduates going into their first job, but it's also quite common to work in Scotland, with Glasgow a perennial hotbed of Scottish accountancy recruitment. If you want to find a job in finance as an accountancy graduates, recruitment agencies were particularly important last year, so try to get in touch with one as soon as you can to improve your chances.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Economics

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£24k

£24k

£27k

£27k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

Business & administrative studies

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£20k

£20k

£24k

£24k

£26k

£26k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA).

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

Have a question about this info? Learn more here

Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here