Many students who want to study abroad choose accounting courses as their major. Not surprisingly, accounting is quite a predominant course taught in Canada. Available at some of the top universities in Canada, accounting as a discipline is quite popular among international students.
One of the best advantages of studying accounting in Canada is that it has high employability with a starting salary of approximately CAD 43,546 per annum (INR 26,79,640). Moreover, studying at some of the best accounting colleges in Canada will land you jobs at top recruiters like Google, Deloitte, Apple, and lots more!
If you’re serious about pursuing a career in accounting in Canada, this blog is definitely for you. To get more help with your application process and standardised exams, explore Yocket Premium now! With Yocket Premium, you get expert help from the very first and crucial step of profile evaluation to shortlisting universities, from providing a platform to build a community of peers with similar interests to pre-departure services.
Why Study Accounting Courses in Canada?
Accounting courses in Canada are one of the highly chosen programs among international students. Let's find out why:
- Excellent job opportunities: Accounting universities in Canada provide both domestic and international students with excellent job opportunities upon graduation. The average salary observed for account graduates in Canada stands at CAD 52,876 per annum (INR 32,53,774).
- Quality Education: Providing the best infrastructure, the best universities in Canada for accounting stand out across nations. Canada is popular for providing international students with outstanding educational as well as industrial experiences.
- Abundance of courses and specialisations: Numerous accounting universities in Canada offer students various types of specialisations like taxation, administration, etc., at study levels like PG, UG, and doctoral. These universities also offer some of the most popular diploma and certificate programs in accounting.
Suggested: What are the job opportunities after graduation in Canada?
Overview of Accounting Courses in Canada
Let us tabulate some key aspects of the accounting program in Canada:
|
Duration |
2-5 years |
|
Level of Study |
PG/UG/Doctoral |
|
Type |
Full-time / Part-time |
|
Mode |
Online / Offline |
|
Average Tuition Fee for International Students |
CAD 20,000 to 40,000 per year (INR 12,30,719 to 24,61,438) |
|
Top Universities |
● University of Toronto ● McGill University ● University of British Columbia ● York University ● McMaster University |
Specialisations and Degrees in Accounting Courses in Canada for International Students
Accounting courses in Canada for international students are in high demand precisely due to the numerous degree programs available, including UG, PG, and doctoral, as well as certificate and diploma courses. Accounting programs in Canada are also offered in various specialisations, like:
- Taxation
- Forensic Accounting
- Professional Accounting
- Banking
- Business administration
- Entrepreneurship
- Analytics
Some of the most popular degree programs offered at accounting universities in Canada are:
- Masters in Accounting
- BBA Accounting
- BCom Accounting
- LLM Taxation
- Certificate in Accounting
- Diploma in Accounting
- Graduate Diploma in Accounting
Suggested Articles:
Eligibility and Admission Requirements to Study Accounting in Canada
Let us now check out the requirements and eligibility criteria to study the best accounting courses in Canada:
- Academic Requirements
- English proficiency test scores
- GMAT or GRE Scores
- Additional requirements
Let us briefly talk about some of the requirements for accounting courses requirements in Canada.
1. Academic Requirements
The most basic requirement to apply to all accounting courses in Canada for international students is to have academic transcripts for every level of study. If you're applying to a PG program in accounting, you should have a bachelor's degree in any related field. Some prerequisite subjects for a majority of accounting programs in Canada are:
- Mathematics
- Advanced functions
- Calculus
- English
2. English Proficiency Test Scores
It is essential for you, as international students, to have proof of English proficiency in terms of IELTS, TOEFL, PTE, or other tests. The minimum IELTS requirement to study accounting courses in Canada is a score of 6.5 or above, depending on the university/ program you choose.
3. GRE or GMAT Scores
Some accounting universities in Canada may also ask for your GMAT/GRE scores if you apply to accounting courses at the PG level.
4. Additional Requirements
Additional requirements, such as an interview, along with work experience, a statement of purpose (SOP), and a Resume/ CV, can also be asked by your university, depending on the program you choose.
Suggested: Detailed Eligibility Criteria and Requirements to Study in Canada!
Application Process to Study Accounting Courses in Canada
The standard application process for applying to some of the famous accounting universities in Canada is discussed briefly below:
- Choose your course and a university to start your accounting degree in Canada.
- Submit the application form along with the application fee.
- Submit all the required documents, including transcripts, bachelor's degree (if required), and additional requirements like SOP, resume, LORs, and proof of work experience, as asked by the particular university.
- You may also be asked for an interview process.
- Apply for a scholarship or financial aid, if available, at the university.
- Wait for the admission decision.
Suggested: How to Apply to Canadian Universities?
Cost of Studying Accounting in Canada
The tuition fees for accounting in Canada depend entirely on the degree and study level you choose. Diploma and certificate courses in accounting range from CAD 5,000 to 20,000 per annum (INR 3,07,680 to 12,30,719), whereas UG degree programs lie in the range of CAD 20,000 to 60,000 per annum (INR 12,30,719 to 36,92,157). The PG-level programs, on the other hand, lie somewhere between CAD 30,000 to 40,000 per annum (INR 18,46,078 to 24,61,438).
The cost of living in Canada for students is usually around CAD 900 to 1500 per month (INR 55,382 to 92,303) in addition to program fees. This estimate is based on a single person's basic needs, which include lodging, groceries, clothing, public transit, and other miscellaneous expenses.
Top 8 Universities to Study Accounting in Canada
If you choose to pursue accounting in Canada, you are bound to have an innovative, rewarding, and out-of-the-box experience. Below, we have curated a list of the top 8 universities in Canada for accounting studies:
|
Universities |
QS World University Ranking 2024 |
Popular Programs Offered |
Average Tuition Fee for International Students |
|
21 |
B. Com. Accounting Masters in Accounting and Finance BBA Management and Accounting Master of Forensic Accounting
|
CAD 35,000/ year INR 21,53,758/year |
|
|
34 |
Ph.D. Accounting B. Com. Accounting Diploma in Accounting |
CAD 20,000 - 30,000/ year INR 12,30,719 - 18,46,078/year |
|
|
30 |
Graduate Certificate in Professional Accounting
|
CAD 40,000 - 59,690 (Total) INR 24,61,438 - 36,73,080 (Total) |
|
|
353 |
Master of Accounting (M. Acc.) Post Graduate Certificate in Accounting Post Graduate Certificate in Advanced Professional Accounting |
CAD 18,000/ year INR 11,07,647/year |
|
|
189 |
Ph.D. Accounting Graduate Diploma in Financial Accountancy |
CAD 10,000 - 15,000/ year INR 6,15,360 - 9,23,039/year |
|
|
209 |
B. Com. Accounting Certificate in Accounting |
CAD 51,275/ year INR 31,55,255/year |
|
|
111 |
Master of Accounting (M. Acc.) Ph.D. in Accounting |
CAD 25,200/ year INR 15,50,705/year |
|
|
141 |
Certificate in Professional Accounting Certificate in Accounting Management of Services |
CAD 29,400/ year INR 18,09,156/year |
Scholarships to Study Best Accounting Courses in Canada
Numerous scholarships are available to pursue the best colleges for accounting in Canada, including many university-specific, privately funded and government-funded scholarships for international students.
Given below are some scholarships to aid your accounting studies in Canada:
|
Scholarships |
Eligibility |
Award |
|
C.Douglas Mellor Prize, McGill University |
● Graduate certificate in financial accounting student ● Outstanding academics |
CAD 2,200 INR 1,35,370 |
|
Kenneth F Byrd Prize, McGill University |
● Graduate certificate in financial accounting student ● Outstanding academics |
CAD 250 INR 15,380 |
|
Principal’s Scholarship, Queen’s University |
International Applicants showing high academic performance |
CAD 4,000 INR 2,46,140 |
|
Principal’s International Scholarship India, Queen’s University |
● Indian applicants ● 3.5 GPA |
CAD 20,000 INR 12,30,710 |
|
Bourse H Marcel Caron Scholarship, HEC Montreal |
Student in BBA Accounting demonstrating financial need |
CAD 2,000 INR 1,23,070 |
Suggested: Scholarship for Indian Students to Study in Canada!
Career Opportunities after Pursuing Accounting in Canada
Upon pursuing an accounting course in Canada, you can definitely get into corporate giants like Deloitte, Accenture, Microsoft, Google, Apple, etc. The average base salary for accounting graduates in Canada has been observed as CAD 52,876 per annum (INR 32,53,774).
Here are some career options for you after a post-graduation in accounting in Canada:
- Higher education in various specialisations like taxation, auditing, banking, etc
- Pursue Chartered Professional Accounting (CPA)
- Get employed at various corporate giants
- Start a business/ venture of your own
- Become an educator in the field of accounting
- Become an auditor, accountant, financial analyst, tax specialist, or consultant
For a better understanding of what careers post various accounting courses in Canada look like, we have tabulated some top accounting recruiters in Canada for the job profile of accountant, with their average salaries:
|
Top Recruiters |
Average Annual Salary |
|
Ernst & Young |
CAD 54,054 (INR 33,26,264) |
|
Deloitte |
CAD 45,505 (INR 28,00,193) |
|
Grant Thornton LLP |
CAD 41,369 (INR 25,45,680) |
|
KPMG |
CAD 47,500 (INR 29,22,957) |
Suggested: Top 10 Highest Paying Jobs in Canada!
From the Desk of Yocket
Accounting is a popular course pursued by international students in Canada. The benefits in terms of the cost-to-earnings ratio are quite impressive. The accounting degree is one that is rigorous but well-rounded, opening up a sea of opportunities for you.
Every student deserves to get the best possible help from experienced professionals. To learn more about pursuing accounting in Canada and make your own strategy to secure a seat at the best university, book a consultation call today! Get in touch with our experts today to get help with profile evaluation, shortlisting universities, admission processes, and many more!
