This study examines whether the undergraduate accounting students in a Malaysian public university are experiencing stress and if yes, seeks to understand the reasons as to why the students experience stress during their course of study. Using a case study qualitative approach, this study found two main themes that relate to high stress level among the accounting students namely, academic related and non-academic related. Most of the students agreed that the main cause to their high stress level is attributed by their academic study. They agreed that overload of subjects and deadlines of submitting assignments and projects are the main causes for stress. In addition, irrelevant subjects and time spent to attend to academic events and activities have caused them to study last minute and consequently, put them under stress. The way they have to study for their degree is also very much different from the way they studied during their diploma. The students noted that much of their study during their diploma was based on memorizing compared to the degree level that requires application and critical thinking. Surprisingly, the students noted that accounting is not their preferred course. In relation to non-academic, the students experience stress as they have consistent thoughts of what their future may be, whether they would be able to obtain a job upon graduation and also on the current economy and political situation. The findings in this study sheds some lights to the university and the academics on the reasons to the students‟ high stress level and subsequently, provide some strategies to assist the students in overcoming their stress level and improve their performance.