Study Accounting abroad

Studying accounting abroad will open up excellent career prospects for you. Academic programs in leading universities in Europe and the United States are developed taking into account international standards and trends in the economy, in addition, the courses compare favorably with a practical orientation and opportunities to undergo an excellent internship in a large company. In order to get an accountant's education abroad, foreigners, first of all, are sent to top universities in Europe and the United States. Bachelor's and master's degree programs are in high demand and provide good career prospects after graduation. Another popular option is to study accounting at the stage of secondary education, in the best private boarding schools in the world.

Specialists with higher education in accounting and finance with good experience and a prestigious diploma are in great demand in the international labour market. This is one of the most sought-after professions, as without experienced accountants, no company can work. Today, accounting and finance specialists work in various fields: banks, investment funds, hotel chains, and corporations.

The advantages of studying accounting and finance abroad:

• High salaries
• Graduates have the most profitable career options
• Actual knowledge in economics, mathematics, political science, sociology, political science, etc.
• Focus on practice and quality internships
• Wide career opportunities
• Most universities draw up their programs in the context of the global development of this field.
• Prestigious diplomas of international standard, which are highly appreciated by employers.

Accounting involves the process of tracking cash transactions throughout the course of a firm, analyzing the organization’s work for costs and revenues, and looking for ways to optimize it. Therefore, modern successful organizations cannot cope without an accounting department and always need new specialists. The tasks of the department include: commodity circulation, analysis of income, production expenses, tax payments.

Consider the main features of studying accounting abroad:

• Differentiation of courses and programs
• Learning process
• Prospects for graduation
• Admission Requirements

Programs in this specialty differ significantly from country to country - each state has historically formed its own standards of profession. Differences may be find in qualifications, so we recommend that you study the certification system of accountants in the country where you intend to study.

Generally speaking, at Bachelor's programs in universities, students learn to collect data, analyze and interpret them, and communicate information about the financial situation of the company. Majors are more or less associated with calculations, tables and numbers:

• Accounting
• Audit
• Information accounting systems
• Business law
• Tax accounting
• Budget accounting
• Cost accounting.

The process of studying abroad is quite complicated, requiring a mathematical mindset and financial investment. Therefore, the profession of an accountant is best suited for students with a good memory, analytical mindset, high level of stress tolerance, perseverance, willingness to work hard, with communication skills and mind flexibility.

After graduation, most students find work in the following specialties:

• Accountant
• Auditor
• Budget analyst
• Financial analyst
• Financial Manager
• Specialists are consultants in banking, brokerage insurance, financial trading, investment analysis and taxes.

As a rule, leading universities abroad offer academic programs in the specialty “Accounting” on a paid basis, there are some exceptions when educational institutions set budget places. A good chance to alleviate your financial situation is to apply for a scholarship grant.

Admission conditions directly depend on the country of study, the minimum requirements for admission to the undergraduate program are as follows:

• High school diploma
• Results of an international language exam.

TOP-10 popular countries for studying accounting abroad:

• Great Britain
• USA
• Canada
• Malaysia
• Australia
• New Zealand
• Singapore
• Germany
• Hong Kong
• Netherlands.

Depending on the student’s age and education, there is an opportunity to undergo studying in the following main programs:

• Undergraduate
• Master
• MBA courses.

At the Bachelor's courses, students will receive fundamental general knowledge: the basics of finance, accounting, political science, etc. In the first courses, students are often not required to choose a specialization, students will be able to do this later, after taking introductory disciplines and having passed practice.

Those specialists who realized the need for deepening knowledge and would like to receive a narrower specialty go to master courses. Here students get more information on applied subjects. Due to their practical orientation and knowledge in a narrow professional field, specialists with a Master's degree have good chances for career growth.

MBA - Master of Business Administration - allows you to get the most prestigious diploma in business education.

The rankings and tops of universities published by respectable portals and publications can greatly facilitate your difficult task, choosing the right university. So QS World University Rankings by Subject published a list of the best universities for the study of accounting, which includes the following 10 educational institutions:

• Harvard university
• Massachusetts Institute of Technology
• Stanford University
• University of Oxford
• London School of Economics and Political Science (LSE)
• University of Pennsylvania
• University of Chicago
• University of Cambridge
• University of California, Berkeley (UCB)
• University of Melbourne
• The university of New South Wales
• New York University (NYU)
• Columbia University
• London Business School
• Yale University
• Hong Kong University of Science and Technology (HKUST)
• National University of Singapore (NUS)
• University of Sydney
• University of California, Los Angeles (UCLA)
• University of Manchester.

You can get acquainted with university programs, prices, enrollment conditions and other features on SMAPSE portal. Company managers are ready to provide you with a free consultation on the issue of choosing an educational institution and preparing for admission.

In private boarding schools in the world, the best academic programs with specialized studies, which have proven their effectiveness, operate. The ranking of the best schools for the study of accounting includes: