Studying for a degree in accounting and finance may not exactly be the most glamorous way to spend your university years, with many students favouring business and management degrees as a way to get into a high-paid career in banking or finance.
However, both accounting and finance are a good way to get a lucrative job working on Wall Street or in the City of London, and count many well-known figures in the world of finance as graduates.
Every year, education company QS produces a comprehensive ranking of the world’s best universities, broken down by region and subject. QS’s latest ranking was released in March, and it includes some interesting data about which universities provide the best education in the sphere of accounting and finance.
A university’s ranking is based on the institution’s reputation with academics and employers, and the number of research citations the school gets per paper published in a specific discipline — in this case, accounting and finance. They’re tallied, and each university given a score out of 100.
Predictably, many of the highest ranked institutions are in the USA, but European universities held their own, despite generally having far less money than their transatlantic cousins. Business Insider decided to take a look at which European institutions performed the best.
You can check out the highest-ranked universities in Europe for getting a degree in accounting and finance below. Overall scores are in brackets.
=13. (50) University of Edinburgh: 74.6 — As a city, Edinburgh has produced some of the world’s greatest monetary thinkers, including the father of modern economics, Adam Smith. It’s no surprise then that the university’s accounting and finance degrees are amongst the best in Europe. Sir David Tweedie, a member of the Accounting Hall of Fame (yes, it exists) is an alumnus of the university.
=13. (50) University of Amsterdam: 74.6 — Amsterdam’s accounting and finance degrees are the second best in the Netherlands, according to QS. Notable alumni of the university include several Dutch and Belgian prime ministers, and former Dutch finance minister Wim Duisenberg.
12. (44) Imperial College London: 78.0 — Imperial is probably best known for its degrees in subjects like engineering, material science, and physics, but the university’s accounting and finance degrees are also pretty good. It has climbed two places in QS’ overall ranking from 46th in 2016 to 44th now.
11. (43) Erasmus University Rotterdam: 78.5 — Erasmus is the best-ranked university for accounting and finance in the Netherlands. It’s home of the Tinbergen Institute, named for 1969 Nobel laureate Jan Tinbergen, who worked at the school. This year the university’s finance degrees scored particularly highly in the citations categories.
10. (41) University of Warwick: 79.3 — Despite being the tenth best university in Europe for accounting and finance, there are five universities in the UK ranked above Warwick by QS. However, the university is still a pretty great place to study, and its business school has produced numerous famous financial alumni, including the former IMF European chief Reza Moghadam, and the CFO of Rolls-Royce, David Smith.
9. (40) Copenhagen Business School: 79.6 — Far and away Denmark’s best provider of accounting and finance degrees, Copenhagen Business School scored particularly highly in the citations category. The university was also ranked as the 13th best in the world for business and management, according to QS.
8. (37) HEC Paris School of Management: 79.9 — Located in the southern suburbs of Paris, HEC is France’s second best ranked university in this field. QS scored it highly for both academic and employer reputations.
7. (27) Università Commerciale Luigi Bocconi: 81.1 — Officially Italy’s best university for studying accounting and finance, Bocconi, located is located in Milan. It has produced a whole host of well-known alumni, including former Italian prime minister Mario Monti, Harvard professors, and CEOs at major Italian companies.
6. (22) INSEAD: 82.9 — France’s best university for finance degrees also has campuses in Singapore and Abu Dhabi, but its the Fontainebleau campus that makes this list. It falls one place from 2015′s global rankings, despite an employer reputation score of 88.3 from QS. Credit Suisse CEO Tidjane Thiam attended the university in the 1980s.
5. (19) University of Manchester: 84.2 — Every one of the top 5 accounting and finance degrees in Europe is provided by a UK university, with Manchester rounding out the top 5. The university scored particularly highly in the citations category of QS’ ranking.
4. (9) London Business School: 88.8 — As a solely postgraduate focused business university, it isn’t surprising that LBS scores so highly in QS’ accounting and finance category. Famous alumni include former HSBC CEO Dyfrig John, and the CEOs of numerous other FTSE 100 companies. The school was 2nd overall in QS’ ranking for business and management.
3. (7) University of Cambridge: 90.0 — With an overall score of 90 from QS, Cambridge’s accounting and finance degrees are the third best in Britain, and in Europe. It scored relatively lowly in the citations category, but obtained a nearly perfect score for employer reputation.
2. (5) University of Oxford: 91.9 — Oxford wins the Oxbridge battle when it comes to accounting and finance, thanks in large part to a perfect score of 100 in the employer reputation category, as well as a very high academic reputation score.
1. (4) London School of Economics and Political Science: 92.8 — Just as it did with economics degrees, the LSE comes out on top in Europe when it comes to accounting and finance, according to QS. Every year hundreds of LSE graduates go on to work for some of the world’s most prestigious accountancy firms like Deloitte, EY, and KPMG.
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