Last Updated on August 28, 2023
- Department of Accounting
- UCAS code NN34
- Starting 2022
- Home full-time: Open from September
- Overseas full-time: Open from September
- Location: Houghton Street, London
The undergraduate BSc Accounting & Finance programme is topically focused on accounting and finance but is fundamentally grounded in other core social science disciplines as well as practically connected to the social sciences through optional courses and LSE100.
Specifically, in addition to developing core knowledge and skills in accounting and finance, you will learn to analyse how accounting and finance is concerned with a range of institutional and organisational processes of calculation, reporting, and evaluation. You will also learn to appreciate the interdependencies between accounting and accountability, financial management and risk, performance management and sustainability, governance and regulation, policy making and change, among other key fundamental concepts related to, implicated in, or affected by accounting and finance. You will learn to critically evaluate the use and suitability of accounting and finance techniques in different contexts. You will gain a deep understanding of the nature of organisations in the economy and society, and the crucial role that accounting and finance play in societies, economies, institutions, markets, organisations, and even individual behaviours.
This diverse social science approach to accounting and finance makes our graduating students highly sought after by a wide range of organisations globally in any area related to accounting or finance, and even beyond into other areas. Recent graduates of this programme have gone on to work in the areas of professional accountancy, investment banking, investment analysis, management consultancy and financial management, but also in the public sector as well as into further academic study. If you successfully complete the degree, then depending on the optional courses you have taken, you may be eligible for exemptions for some examinations of the professional accountancy bodies.
Watch a video about the Department of Accounting.
Visit the Department of Accounting Virtual Undergraduate Open Day page to find out more about studying in the department, access virtual resources and watch event recordings from our Virtual Undergraduate Open Day.
|Academic year (2022/23)||26 September 2022 – 16 June 2023|
|Application deadline||26 January 2022|
|Duration||Three years full-time|
For information about tuition fees, usual standard offers and entry requirements, see the sections below.Entry requirements
A strong set of GCSE grades including the majority at A (or 7) and A* (or 8-9)
GCSE English Language and Mathematics grades should be no lower than B (or 6)
We also consider your overall GCSE subject profile
38 points overall. 666 in higher level subjects, including 6 in higher level Mathematics
Contextual admissions IB grades*
37 points overall. 665 in higher level subjects, including 6 in higher level Mathematics
AAA with A in Mathematics
Contextual admissions A-level grades*
AAB with A in Mathematics
*Read our UG Admissions Information to learn more about contextual admissions.
- We consider the combination of subjects you have taken, as well as the individual scores.
- We believe a broad mix of traditional academic subjects to be the best preparation for studying at LSE and expect applicants to have at least two full A-levels or equivalent in these subjects.
- Further Mathematics is seen as a fourth or additional subject: students offering only Mathematics, Further Mathematics and one other subject at A-level or equivalent are not normally considered.
- Previous study of Accounting, at GCSE, A-level, or equivalent, is not required and is neither advantageous nor disadvantageous.
- Accounting A-level is viewed as a ‘traditional academic subject’ for the purpose of applying to BSc Accounting and Finance only.
- The programme has a significant qualitative component and applications are encouraged from students who have taken essay-based subjects at A-level or equivalent.
Competition for places at the School is high. This means that even if you are predicted or if you achieve the grades that meet our usual standard offer, this will not guarantee you an offer of admission. Usual standard offers are intended only as a guide, and in some cases applicants will be asked for grades which differ from this.
We express our standard offers and, where applicable, programme requirements, in terms of A-levels and the IB, but we consider applications from students with a range of qualifications including BTECs, Foundation Courses and Access to HE Diplomas as well as a wide range of international qualifications.
Information about accepted international qualifications
Information about other accepted UK qualificationsAssessing your application
We welcome applications from all suitable qualified prospective students and want to recruit students with the very best academic merit, potential and motivation, irrespective of their background. The programme guidance below should be read alongside our general entrance requirements information.
We carefully consider each application on an individual basis, taking into account all the information presented on the UCAS application form, including your:
– academic achievement including predicted and achieved grades (See ‘Entry requirements’ for programme specific information)
– subjects and subject combinations (See ‘Entry requirements’ for programme specific information)
– personal statement (See below for programme specific information)
– teacher’s reference
– educational circumstances
You may also have to provide evidence of your English proficiency, although you do not need to provide this at the time of your application to LSE. See our English language requirements page.
Personal characteristics, skills and attributes
For this programme, we are looking for students who demonstrate the following skills:
– strong analytical abilities
– high level of numeracy
– an ability to evaluate and critically assess complex issues
– an ability to communicate complex ideas with clarity
– attention to detail
– intellectual curiosity
– an interest in both accounting and finance
In addition to demonstrating the above personal characteristics, skills and attributes, your statement should be original, interesting and well-written and should outline your enthusiasm and motivation for the programme.
You should explain whether there are any aspects of particular interest to you, how this relates to your current academic studies and what additional reading or relevant experiences you have had which have led you to apply. We are interested to hear your own thoughts or ideas on the topics you have encountered through your exploration of the subject at school or through other activities. Some suggestions for preliminary reading can be found above in the preliminary reading section, but there is no set list of activities we look for; instead we look for students who have made the most of the opportunities available to them to deepen their knowledge and understanding of their intended programme of study.
You can also mention extra-curricular activities such as sport, the arts or volunteering or any work experience you have undertaken. However, the main focus of an undergraduate degree at LSE is the in-depth academic study of a subject and we expect the majority of your personal statement to be spent discussing your academic interests.
Every undergraduate student is charged a fee for each year of their programme.
The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students’ Union. It does not cover living costs or travel or fieldwork.
The 2022 tuition fee for new Home students has not yet been set. As a guide the 2021 fee for Home students is £9,250 per year. The Home student undergraduate fee may rise in line with inflation in subsequent years.
The 2022 tuition fee for international students has not yet been set. As a guide the 2021 fee for overseas students is £22,430 per year. Once announced, the overseas tuition fee will remain at the same amount for each subsequent year of your full-time study regardless of the length of your programme. This information applies to new overseas undergraduate entrants starting their studies from 2022 onwards.
The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.
Scholarships, bursaries and loans
The School recognises that the cost of living in London may be higher than in your home town or country. LSE provides generous financial support, in the form of bursaries and scholarships to UK, EU and overseas students.
In addition, UK Government support, in the form of loans, is available to UK and some EU students. Some overseas governments also offer funding.
The degree involves studying courses to the value of 12 units, over three years, plus LSE100. Half of these are in accounting and finance, and half in related disciplines. You will have the opportunity to specialise to a certain degree in various fields within accounting and finance.
In your first year, you will take introductory courses in accounting and finance, economics, mathematics and statistics. In addition, you will also take LSE100. You may also be able to take an outside option depending on your other choices.
(* indicates half-unit course)
Elements of Accounting and Finance
Will introduce you to the preparation, uses and limitations of accounting information and to some issues in finance and investment.
There are two versions of this course: EC1A3 and EC1A5. Students will be advised about the most appropriate version to take depending on academic background or future course choices.
Quantitative Methods (Mathematics)*
Develops the basic mathematical tools necessary for further study in economics and related disciplines.
Quantitative Methods (Statistics)*
Develops elementary statistical tools necessary for further study in management and economics.
Optional courses to the value of one unit
Elementary Statistical Theory
Provides a precise treatment of introductory probability theory, statistical ideas, methods and techniques.
An introductory-level course if you wish to use mathematics seriously in social science, or in any other context.
A half unit, running across Michaelmas and Lent Term in the first year, LSE100 is compulsory for all LSE undergraduate students, and is designed to build your capacity to tackle multidimensional problems through research-rich education.
In your second year, you will take an accounting course and a Principles of Finance course. Depending on your academic background you’ll take a minimum of two economics courses. Please note that the format of the LSE100 course is under review.
Accounting Theory and Practice
Provides an in-depth knowledge and understanding in accounting theories and practices underlying major accounting issues.
Principles of Finance I
Examines companies’ longer term investment decisions, and the ways in which these may be financed in the financial markets.
Principles of Finance II
A more quantitative course examining companies’ longer term investment decisions, and the ways in which these may be financed in the financial markets.
Courses to the value of one unit from the following:
There are two versions of this course: EC2A3 and EC2A5. Students will be advised about the most appropriate version to take depending on academic background or future course choices.
There are two versions of this course: EC2B3 and EC2B5. Students will be advised about the most appropriate version to take depending on academic background or future course choices.
Introduction to econometrics to teach students the theory and practice of empirical research in economics
Students will be advised whether they are able to take this course depending on academic background or future course choices.
In your third year, you will take one compulsory accounting course, one compulsory finance course and will choose between two further accounting courses. You will take an outside option to the value of one unit from an approved list, and choose two accounting courses from a choice of five.
Contemporary Issues in Financial Accounting*
Considers the key areas of topical interests in financial accounting and the impact of accounting regulation on financial statements, in an international context.
Results Accountability and Management Control for Strategy Implementation*
Considers both the decision-facilitating and decision-influencing roles of management accounting.
Corporate Governance, Risk Management and Financial Audit*
Introduces core concepts and practices of auditing, and provides a critical analysis of auditing practices and their role in organisational governance.
Corporate Finance, Investments and Financial Markets
The course will cover a broad range of topics, with both a theoretical and an empirical emphasis. These include topics in corporate finance, investments and performance evaluation and international finance.
Two courses from a range of accounting options, to a total value one unit
For the most up-to-date list of optional courses please visit the relevant School Calendar page.
You must note however that while care has been taken to ensure that this information is up-to-date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.
You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated undergraduate course and programme information page. Information for international students
LSE is an international community, with over 140 nationalities represented amongst its student body in 2019. We celebrate this diversity through everything we do.
If you are applying to LSE from outside of the UK then take a look at our Information for International students.
1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page.
2) Go to the International Students section of our website.
3) Select your country.
4) Select ‘Undergraduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page.Teaching and assessment
Format and contact hours: You will usually have about 12 to 15 hours of lectures and classes each week, but you will also have to work hard on your own – reading, writing essays or working on class assignments. Hours vary according to courses and you can view indicative details in the Calendar within the Teaching section of each course guide.
LSE Teaching: LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, LSE teaching fellows and graduate teaching assistants who are usually doctoral research students. You can view indicative details for the teacher responsible for each course in the relevant course guide.
Academic mentor: You will have an academic mentor who is a member of staff from the Department of Accounting. Their role is to follow your progress and deal with any concerns you might have.
Other academic support: There are many opportunities to extend your learning outside the classroom and complement your academic studies at LSE. LSE LIFE is the School’s centre for academic, personal and professional development. Some of the services on offer include: guidance and hands-on practice of the key skills you will need to do well at LSE: effective reading, academic writing and critical thinking; workshops related to how to adapt to new or difficult situations, including development of skills for leadership, study/work/life balance and preparing for the world of work; and advice and practice on working in study groups and on cross-cultural communication and teamwork.
Disability and Wellbeing Service: LSE is committed to enabling all students to achieve their full potential and the School’s Disability and Wellbeing Service provides a free, confidential service to all LSE students and is a first point of contact for all disabled students.
- The standard teaching day runs from 09:00-18:00; Monday to Friday. Teaching for undergraduate students will not usually be scheduled after 12:00 on Wednesdays to allow for sports, volunteering and other extra-curricular events.
- The lecture and seminar timetable is published in mid-August and the full academic timetable (lectures/seminars and undergraduate classes) is published by mid-September and is accessible via the LSE Timetables webpages.
- Undergraduate student personal timetables are published in LSE for You (LFY). For personal timetables to appear, students must be registered at LSE, have successfully signed up for courses in LFY and ensured that their course selection does not contain unauthorised clashes.
- Every effort is made to minimise changes after publication, once personal timetables have been published any changes are notified via email.
Formative unassessed coursework:
All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others.
Feedback on coursework is an essential part of the teaching and learning experience at the School. Class teachers must mark formative coursework and return it with feedback to you normally within two weeks of submission (when the work is submitted on time).
Summative assessment (assessment that counts towards your final course mark and degree award)
Summative assessment is usually assessed by written examinations at the end of each academic year. Some courses also have written examinations in January while others are assessed partly by essays or other work submitted during the year. Please note that assessment on individual courses can change year to year. An indication of the current formative coursework and summative assessment for each course can be found in the relevant course guide.
You will also receive feedback on any summative coursework you are required to submit as part of the assessment for individual courses (except on the final version of submitted dissertations). You will normally receive this feedback before the examination period.
We’re here to help and support you throughout your time at LSE, whether you need help with your academic studies, support with your welfare and wellbeing or simply to develop on a personal and professional level.
Whatever your query, big or small there are a range of people you can speak to and who will be happy to help.
Academic mentors – an academic member of staff who you will meet with at least once a term and who can help with any academic, administrative or personal questions you have. (See Teaching and assessment).
Academic support librarians – they will be able to help you navigate the library and maximise its resources during your studies.
Accommodation service – they can offer advice on living in halls and offer guidance on private accommodation related queries.
Class teachers and seminar leaders – they will be able to assist with queries relating to a specific course you are taking.
Disability and Wellbeing Service – the staff are experts in long term health conditions, sensory impairments, mental health and specific learning difficulties. They offer confidential and free services such as student counselling, a peer support scheme, arranging exam adjustments and run groups and workshops.
IT help – support available 24 hours a day to assist with all of your technology queries.
LSE Faith Centre – home to LSE’s diverse religious activities and transformational interfaith leadership programmes, as well as a space for worship, prayer and quiet reflection. It includes Islamic prayer rooms and a main space for worship. It is also a space for wellbeing classes on campus and is open to all students and staff from all faiths and none.
Language Centre – the centre specialises in offering language courses targeted to the needs of students and practitioners in the social sciences. We offer pre-course English for Academic Purposes programmes; English language support during your studies; modern language courses in 9 languages; proofreading, translation and document authentication and language learning community activities.
LSE Careers – with the help of LSE Careers, you can make the most of the opportunities that London has to offer. Whatever your future career plans, LSE Careers will work with you, connecting you to opportunities and experiences from internships and volunteering to networking events and employer and alumni insights.
LSE Library – Founded in 1896, the British Library of Political and Economic Science is the major international library of the social sciences. It stays open late, has lots of excellent resources and it’s a great place to study. As an LSE student, you’ll have access to a number of other academic libraries in Greater London and nationwide.
LSE LIFE – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom, offer one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision, and provide drop-in sessions for academic and personal support. (See ‘Teaching and assessment).
LSE Students’ Union (LSESU) – they offer academic, personal and financial advice and funding.
Sardinia House Dental Practice – offers discounted private dental services to LSE students.
St Philips Medical Centre – based in Pethwick-Lawrence House the centre provides NHS Primary Care services to registered patients.
Student Services Centre – our staff here can answer general queries and can point you in the direction of other LSE services.
Student advocates and advisers – we have a School Senior Advocate for Students and an Adviser to Women Students who can help with academic and pastoral matters.Student lifeAs a student at LSE you’ll be based at our central London campus. Find out what our campus and London have to offer you on academic, social and career perspective.
Student societies and activities
Your time at LSE is not just about studying, there are plenty of ways to get involved in extracurricular activities. From joining one of over 200 societies, or starting your own society, to volunteering for a local charity, or attending a public lecture by a world-leading figure, there is a lot to choose from.
LSE is based on one campus in the centre of London. Despite the busy feel of the surrounding area, many of the streets around campus are pedestrianised, meaning the campus feels like a real community.
Life in London
London is an exciting, vibrant and colourful city. It’s also an academic city, with more than 400,000 university students. Whatever your interests or appetite you will find something to suit your palate and pocket in this truly international capital. Make the most of career opportunities and social activities, theatre, museums, music and more.
Want to find out more? Read why we think London is a fantastic student city, find out about key sights, places and experiences for new Londoners. Don’t fear, London doesn’t have to be super expensive: hear about London on a budget.Student stories
Shu Juin Lim, BSc Accounting and Finance (2016-2019), Malaysia
“The programme covers the learning of both Accounting and Finance in depth and breadth, demonstrating how both are intertwined from financial statements to financial analysis, complemented with the knowledge from the economics syllabus. I particularly like the variety of choices to choose from for our outside option, and I had the chance to delve into Management, Psychology and Statistics within these three years. The LSE is undeniably competitive, but that serves as an excellent platform for students to exchange ideas and information, plan for their career paths and start ahead, especially with the support of the career centre. My experience here has been amazing with the support from the department’s staff and friends. These are the lifelong bonds that I will treasure and cherish. I truly appreciate the challenges, support and opportunities from the LSE.”
Maksim Danilov, BSc Accounting and Finance (2017-2020), Russia
“My programme allows students to tailor their degree to their needs by providing a vast array of modules to choose from in accounting, finance, economics, law, and many other fields. I feel like this adaptability, combined with the high quality of education, gives us a deeper understanding of subjects that we are personally interested in, which, in my experience, is quite unique. There is also a lot of support directed at students to help them with any issues they might have, academic or otherwise, and the department always seeks to improve our experience here. Outside of academia, there are plenty of opportunities for us to unwind, from amazing public lectures organised by the departments and societies so diverse that people are bound to find something suitable for them, to more conventional ways to relax with the LSE community.”
Sarah Otter, BSc Accounting and Finance (2017-2020), Germany
“I was particularly drawn to the unique structure of the Accounting and Finance programme at LSE as it gives us a lot of choice throughout the three years and covers a very broad range of Financial Accounting, Managerial Accounting and Finance. Having such a good overview makes it much easier to choose in which areas I want to specialise in the following years. My favourite accounting modules were in year 2 of studies. I particularly enjoyed the practical approach, where we worked together in groups to produce a management report to a case study and applied many of the theoretical concepts to real-life cases. In my opinion, the significant advantage of LSE is the great career prospects, as we have lots of companies coming to campus, which makes it significantly easier to gain work experience early on.”
Faraz Ahmad Piracha, BSc Accounting and Finance (2018-2021), Pakistan
“I studied A-Level Mathematics, Physics and Chemistry in Islamabad, Pakistan. This is my first time studying in the UK. I chose LSE as it has a world-wide academic reputation. LSE is very diverse, so you can meet people from all around the world. The BSc Accounting and Finance is a unique opportunity to study the principles of accounting, finance and economics which can be applied in the modern world. It is a challenging learning experience for me and it has encouraged me to work hard! The teachers and lecturers are very friendly and always ready to help. You go to them with 100 problems, they will definitely give you 1000 solutions.”
Kailash Karupiah, BSc Accounting and Finance, Malaysia
Bryan Thor Yen Jun, BSc Accounting and Finance, Malaysia
The websites of the professional accountancy bodies listed below often contain insightful resources where you can gain a better understanding of the sector and the field of accounting and finance, and about various careers in these or related areas:
Association of Chartered Certified Accountants (ACCA)
Chartered Institute of Management Accountants (CIMA)
Chartered Institute of Public Finance and Accountancy (CIPFA)
Institute of Chartered Accountants in England and Wales (ICAEW)
Institute of Chartered Accountants of Scotland (ICAS)
International Federation of Accountants (IFAC)
The following are some books, papers, videos that you might want to read to gain further insights into the subject:
Bakan, J. (2005) The Corporation: The Pathological Pursuit of Profit and Power.
House of Commons (2019) The Future of Audit.
ICAEW (2018) Blockchain and the future of accountancy.
Klein, N. (2015) This Changes Everything: Capitalism vs. the Climate.
KPMG and Tax Havens for the Rich: The Untouchables – the fifth estate.
Quick Careers Facts for the Department of Accounting
Median salary of our UG students six months after graduating: £34,000
Top 5 sectors our students work in:
- Financial service activities
- Legal and accounting activities
- Computer programming and consultancy
- Public administration and defence
The data was collected as part of the Graduate Outcomes survey, which is administered by the Higher Education Statistics Agency (HESA). Graduates from 2017-18 were the first group to be asked to respond to Graduate Outcomes. Median salaries are calculated for respondents who are paid in UK pounds sterling.
Recent graduates of this programme have gone on to work in the areas of professional accountancy, investment banking, investment analysis, management consultancy and financial management, the public sector, as well as further academic study.
If you successfully complete the degree, then depending on the optional courses you have taken, you may be eligible for exemptions from some examinations of the professional accountancy bodies.
- Anis Abdullah
BSc Accounting and Finance, 2011
Senior Associate, PwC
The BSc Accounting and Finance is a practical, technical degree which would be useful in any sector or industry. joined corporate finance with PwC after graduation and worked primarily for public sector clients in health and transport, with clients such as the Department for Transport and the NHS. I’m involved in advising clients on transactions, policy shaping around the structures and funding for infrastructure projects and considering financial implications of these policies. I am now a chartered accountant and I’m taking on more responsibilities to manage teams in exciting projects. I’m also developing technical knowledge in a sector which is instrumental to the future of the UK economy. LSE’s academic approach was rigorous and technical and the lecturers were very knowledgeable – a lot of the theories I learnt during my studies apply regularly to the line of work I’m in.
- Support for your career
This programme is accredited by the following bodies for the purpose of exemptions from some professional examinations:
- Association of Chartered Certified Accountants (ACCA)
- Chartered Institute of Management Accountants(CIMA) through the Accredited degree accelerated route
- Chartered Institute of Public Finance and Accountancy (CIPFA)
- Institute of Chartered Accountants in England (ICAEW)
Discover more about being an LSE student – meet us in a city near you, visit our campus or experience LSE from home.
Experience LSE from home
Webinars, videos, student blogs and student video diaries will help you gain an insight into what it’s like to study at LSE for those that aren’t able to make it to our campus. Experience LSE from home.
Come on a guided campus tour, attend an undergraduate open day, drop into our office or go on a self-guided tour. Find out about opportunities to visit LSE.
LSE visits you
Student Marketing and Recruitment travels throughout the UK and around the world to meet with prospective students. We visit schools, attend education fairs and also hold Destination LSE events: pre-departure events for offer holders. Find details on LSE’s upcoming visits.Discover Uni data
Every undergraduate programme of more than one year duration will have Discover Uni data. The data allows you to compare information about individual programmes at different higher education institutions.
Please note that programmes offered by different institutions with similar names can vary quite significantly. We recommend researching the programmes you are interested in and taking into account the programme structure, teaching and assessment methods, and support services available.