The European Education Directory

Masters program in Accounting and Finance?

By Dr. Konstantinos Drakos, Associate Professor, Member of the Administrative Committee of the MSc in Accounting and Finance
and Dr. Seraina Anagnostopoulou, Assistant Professor, AUEB, Greece
Athens University of Economics and Business (AUEB)

Why study for a Masters program in Accounting and Finance?

Accounting and Finance are two of the most rapidly developing scientific fields, both at research and professional levels. MSc programs in Accounting and Finance give students understanding of concepts in accounting, finance and the financial markets. A successful career in these areas requires a high level of understanding of the theory and practice of accounting and finance, in order to be able to evaluate company and managerial performance.

In addition, financial markets have reached a very high degree of complexity, which requires the study of sophisticated and academically rigorous concepts, in order to be able to adapt to the rapidly changing needs of a successful career in finance. At the same time, the use of accounting information is indispensable for undertaking financial analysis, which can be an asset for a career in areas of finance, and particularly the investment banking industry. Studying accounting and finance at postgraduate level is also meant to provide a solid academic background for career advancement in all areas of the accounting profession.

Moreover, an MSc program in Accounting and Finance provides the fundamental knowledge required for pursuing a research degree (Ph.D.) in the corresponding fields.

Career Opportunities

In today’s rapidly growing economy, it is considered essential for business executives who are looking to excel themselves and develop their skills to the highest level, to have specialised up-to-date scientific knowledge in the areas of accounting and finance, in order to secure top-level professional positions in the management structure.

Thus, students holding a Masters degree in Accounting and Finance have the potential to follow distinguished careers in accounting, auditing, commercial and investment banking, insurance companies, financial services and consulting amongst others.

Athens University of Economics and Business (AUEB)

Athens University of Economics and Business was founded back in 1920 and is the oldest Greek University in the scientific fields of business and economics, thus playing a leading role in upgrading the knowledge and professional skills of the scientific and executive workforce of Greece. Entry into the undergraduate and graduate study programmes offered by AUEB is highly competitive, as the University has a very distinguished and strong reputation in the country.

AUEB’s Department of Accounting and Finance was established in 1999 and from then on, it has gained great popularity amongst students as well employers from the business community. It is noteworthy that the Department has been ranking first for many years, in terms of students’ preferences among similar Departments in the country.

The Postgraduate Program in Accounting and Finance began operating in October 2004. The Program offers Master of Science (MSc) and Doctor of Philosophy (PhD) degrees in Accounting and Finance. The goal of the Program is not only to provide high-quality scientific knowledge in the fields of Accounting and Finance, focusing on contemporary international trends along with the utilisation of new technologies, but also to provide the skills necessary for its graduates to compete effectively for the highest positions in the European and global market for accounting and finance professionals. Currently the program’s graduates are employed by key private companies and major public organisations, such as commercial and investment banks, financial institutions, brokerage firms, consulting firms, insurance companies, real estate agencies, auditing firms, accounting firms and universities, in Greece and abroad.

For further information about AUEB’s Postgraduate program in Accounting and Finance, please contact the program’s Secretariat Office at or visit

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