Watson also appeared in the 2007 television adaptation of the novel Ballet Shoes and lent her voice to The Tale of Despereaux (2008). After the last Harry Potter film, she took on starring and supporting roles in My Week with Marilyn (2011), The Perks of Being a Wallflower (2012) and The Bling Ring (2013), made an appearance as an exaggerated version of herself in This Is the End (2013), and played the title character's adopted daughter in Noah (2014).

From 2011 to 2014, Watson split her time between working on films and continuing her education, graduating from Brown University with a bachelor's degree in English literature in May 2014. Her modelling work has included campaigns for Burberry and Lancôme. She also lent her name to a line of clothing for People Tree. She was honoured by the British Academy of Film and Television Arts in 2014, winning British Artist of the Year.