Research course

Accounting and Finance

Lancaster University · Accounting and Finance

Entry requirements

A Masters degree with 70% overall and 70% in the dissertation element is required. In exceptional circumstances, an upper second class honours degree with relevant research experience is accepted. Graduate Management Admissions Test (GMAT) score is often required for non-UK qualifications.

Months of entry

January, October, July, April

Course content

The degree includes research training, directed study and a thesis. The first year of the PhD programme consists of ten assessed modules, plus a preliminary research project that will contribute to your final thesis. Progression to Year two and three of the programme is contingent on your first year performance. The thesis aims to develop researchers for positions as world class academics in leading universities, or intellectually and technically demanding roles in business and the public sector.

You will learn specialist skills and develop insights necessary to become productive researchers of international standard, as well as gaining a wide scholarly perspective on finance, accounting and other management areas. We emphasise communication and presentation skills, which are absolutely necessary for effective dissemination of research and teaching.

The University is a member of the North West Doctoral Training Centre (NWDTC) established by the Economic and Social Research Council (ESRC). As part of this initiative our accounting and finance students take research training modules offered by Manchester University on a reciprocal basis. This permits students to take more specialised courses closer to their specific research interests.


  • Accounting Theory
  • Finance Theory
  • Econometrics
  • Quantitative and Programming Techniques
  • Research Methodology

Department specialisms

Research areas: • Accounting: bank accounting, financial reporting, accounting-based valuation, and governance and management control. • Finance: corporate finance, financial markets, financial econometrics and derivative pricing. Research activity over the years has been supported by a range of external funding bodies including the European Commission, the Economic and Social Research Council (ESRC), the Leverhulme Trust, the Institute of Chartered Accountants in England and Wales (ICAEW), INQUIRE, and the Nuffield Foundation. The International Centre for Research in Accounting (ICRA), an independently financed unit within the Department, also provides financial support for research relevant to the practice of accounting.

Information for international students

IELTS: 7.0 or equivalent (minimum element scores apply).

Fees and funding

Please visit our website for information on: Postgraduate Fees & Funding

Qualification and course duration


full time
36 months

Course contact details

Postgraduate Coordinator
+44 (0)1524 510 733