M.Sc. Accounting, Organisations and Institutions

  • On Campus
  • 10 months
  • EUR23186 Year (Non-EEA)
  • English (Find a course)
London School of Economics and Political Science | London, United Kingdom
The programme has been designed to meet the needs of high level graduates, who do not necessarily have a background in accounting, to gain a comprehensive foundation and subsequent depth in the field, allowing access to a wide variety of careers broadly related to accounting.

Description of Accounting, Organisations and Institutions


This innovative and distinctive programme provides the opportunity to study at the interface between accounting, organisations and institutions from a rigorous interdisciplinary social science perspective. The programme does not require a background in accounting, and students with an initial training in the humanities or the social or natural sciences are encouraged to apply. It is aimed at those aspiring to careers in accounting, auditing and assurance, financial management, risk management, management control, management consultancy, and regulation, in a variety of for-profit and non-profit organisations globally. The degree also provides a thorough preparation for academic research in the field of accounting.

About the MSc programme

The programme has been designed to meet the needs of high level graduates, who do not necessarily have a background in accounting, to gain a comprehensive foundation and subsequent depth in the field, allowing access to a wide variety of careers broadly related to accounting. The programme is aimed at people with good undergraduate degrees, and you should normally possess at least a good upper second class honours degree or equivalent. A short focussed introductory course on quantitative methods and technical accounting issues will be held at the beginning of the programme. Thereafter, you take examined courses up to a total of four full units.

Key features of the programme are:

  • A stimulating and intellectually demanding approach to analysing the key issues facing accounting within the global economy.
  • The opportunity to study accounting and its organisational and institutional significance in one of the world´s leading social science institutions and departments of accounting.
  • Blends LSE´s tradition of developing the highest level of analytical skills with a focus on practice.
  • Introduces students to key design issues for accounting and management control systems and their operation and regulation in both the for-profit and non-profit sectors.
  • Explores the interface between accounting, risk management systems and accountability.
  • Provides exposure to the operational and strategic significance of accounting within modern organisations.
  • Introduces students to the different ways in which accounting shapes modern organisations and institutions across a range of different contexts.
  • Pays particular attention to the problems confronting accounting for hybrid and inter-organisational processes and structures.
  • Aimed at those exceptional individuals aspiring to the highest levels of seniority, whether in accounting firms, management consultancies, or government and regulatory institutions.

Detailed Course Facts

Application deadline None - rolling admissions
Tuition fee
  • EUR 23186 Year (Non-EEA)
  • EUR 23186 Year (EEA)

£20,496 EU&Overseas

Start date September  2016
Credits (ECTS) 90 ECTS
Duration full-time 10 months
Delivery mode On Campus
Educational variant Full-time

Course Content

Compulsory courses

(* half unit)

  • Accounting, Organisations and Institutions
  • Management Accounting and Financial Accounting: Decisions, Control, Reporting and Disclosure~


Courses to the value of two full units from the following:

  • Management Accounting, Strategy and Organisational Control #
  • Accounting, Strategy and Control* #
  • Accountability, Organisations and Risk Management*
  • Valuation and Security Analysis*
  • Accounting in the Global Economy*
  • Institutions, Environmental Change and Development*
  • Institutions and the Global Environment*
  • The Long-Run Analysis of Firms and Industries*
  • The Historical Context of Business*
  • The Rise and Decline of Economic Policy in Twentieth-Century Europe
  • The Development and Integration of the World Economy in the 19th and 20th Centuries
  • International Economic Institutions since World War I*
  • Corporate Governance
  • Regulation of Financial Markets
  • Regulation, Risk and Economic Life
  • Economic Sociology*
  • Law of International Economic and Financial Sanctions*
  • Risk and Governance: A Sociological Approach*
  • Any other course with the approval of the programme director

To reflect the strong research orientation of the programme, students must write a 6,000 word long essay which accounts for 50% of the mark of Compulsory course 1

~ Students with a substantive and verifiable background in accounting must do either Management Accounting, Strategy and Organisational Control or Corporate Financial Reporting as Compulsory course 2

# May not be taken together

Please note that options taken outside the Department of Accounting may be subject to availability.

English Language Requirements

CAE score
200(Grade A)
TOEFL paper-based test score (read more)
TOEFL iBT® test (read more)

IMPORTANT NOTE: Per 6 April 2015 only the English language tests from IELTS and Trinity College London are accepted for Tier 4 Visa applications to the United Kingdom. Other tests (including TOEFL, TOEIC, Pearson, City & Guilds) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. Since the Trinity College London language tests must be taken in one of their exam centres in the UK, IELTS is now the only language test accepted for Tier 4 visas to the UK that can be taken worldwide.

The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.

Requirements for Accounting, Organisations and Institutions

Minimum entry requirement: 2:1 honours degree or equivalent in any discipline

English language requirements

If your first language is not English or if the language of instruction of your previous degree is not English, we ask you to provide evidence of your command of English. You should include your test scores, if available, in the relevant section of the application form. If you receive an offer of admission, it will be subject to proof of your score. English tests must be less than two years old at the time of application. If you have not yet taken the test, your application can be considered in its absence, but any offer will be conditional on your achieving the required score.

Each programme in the prospectus lists the level of English required for admission; either Standard or Higher. Programmes in the Law Department have yet higher requirements - details in the individual programme entries.


  • IELTS (International English Language Testing System) with a minimum score of 7.0
  • TOEFL (Test of English as a Foreign Language) with a minimum score of 627 in the paper test or 107 in the internet based test Other test scores may be acceptable if you have already obtained them.

You should supply evidence of your English test with your application and if you are made an offer we will indicate whether we will accept your score or if we require one of the tests above. You may be required to achieve a higher score at the discretion of the selectors. If you have not yet taken any English test, we recommend that you take the IELTS, TOEFL or LSE test.

Work Experience for Accounting, Organisations and Institutions

No work experience is required.

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