With the rapid growth of economies all around the world, accountants are in demand more than ever. New technologies and bookkeeping tools have certainly made it easier for small businesses to manage various accounting tasks, but this has not eliminated the need for accountants’ altogether.
Well-trained accountants have many skills to offer, including tax compliance support, budgeting, forensic auditing, regulation compliance, and consulting. As professionals, they are vital to the growth of domestic and international companies.
Why study accounting courses in Australia
What’s the benefit of studying accounting in Australia as opposed to any other country?
With the advent of capable accounting systems and tools, there has been a shift in the roles of accountants and an increased emphasis on their business skills as opposed to their number-crunching powers. Universities in Australia have positively responded to this demand. Here are some benefits of choosing to study accounting in Australia:
- Access to world-class courses: Australian educational providers now focus on training accountants that can operate in global markets and their trainees receive overseas recognition.
- Professional accounting bodies: Students can receive recognition from three of the most respected professional accounting bodies, including the Institute of Public Accountants, Institute of Chartered Accountants, and CPA Australia.
- Access to cutting-edge technology: Education providers throughout the country have invested in offering modern technologies and curriculum to their students. They also get access to the best research tools and internship opportunities at globally recognized companies.
- Working in Australia: Studying accounting in Australia may provide an easier path to working in the country as accountants are in demand in virtually all industries. Students who study accountancy in Australia will also have a competitive edge and high employment prospects back home.
What are the accounting course fees?
The fees for your accounting course in Australia will differ depending on the university you decide to join and the business course. On average, for an undergraduate accounting degree, students pay about AU$30,000.
Cheaper universities tend to be based in regional areas that are classified as outside the major cities such as Sydney, Melbourne, and Brisbane. The government has also taken various steps to encourage international students to enroll in regional institutions by offering scholarships and after-study work permit incentives. For instance, students may receive a partial or full-tuition scholarship. They can have their health, board, and airfare costs covered.
Which accounting courses in Australia can students choose?
International students can explore various study options that come with different study periods. The diploma in accounting, for instance, is a 6-month full-time course. Bachelor of Business and Commerce courses span three-year periods and allows students to pick areas of specialty within the practices, such as accounting.
If you hold a bachelor’s degree and at least 5 years of experience, you may apply for the graduate certificate in professional accounting, which takes 6 months and spans two-trimesters. Bachelor’s degree holders may also apply for the Masters of Commerce of Business, a full-time course that takes 12 months to complete. Other pathways include:
- Graduate Certificate In Internal Auditing
- Graduate Certificate In Financial Analysis
- Graduate Certificate In Taxation
- Graduate Certificate In Business Leadership
- Graduate Certificate In Business Administration
Where can I find more information on studying accounting in Australia?
You will need professional advice about the best courses to enroll in based on your budget and expectations. International students will also require assistance with Visa applications and the logistics of relocating to Australia for their studies. It’s important to seek help from a reputable company that helps students with their education.
