PG Diploma in Accounting in Canada: A Complete Guide on Post Graduate Diploma in Accounting in Canada for international Students

Diploma in accounting in Canada is one of the highly chosen programs among the international population. Let's find out why:

• Excellent job opportunities: To study PG Diploma in Accounting in Canada, universities and colleges provide both domestic and international students with excellent job opportunities upon graduation. The average salary observed for account graduates in Canada stands at 52,876 CAD per annum.
• Research centric universities: Providing the best infrastructure, universities known for accounting in Canada have stood out across nations.
• Outstanding scope: The scope of accounting is set to rise by a further 10% increase in the coming years, thereby providing accounting graduates with an excellent value associated with their post graduate diploma in accounting in Canada.
• Affordable course: The diploma in accounting in Canada can be considered as an affordable course providing quality education, and relevant industry exposures.

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The post graduate diploma in accounting in Canada for international students is usually a 1-3 year course which is crisp and unique in its offerings. Some of the program specifics associated with the courses are:

• Strategic performance management
• Integration and team management
• Taxation
• Corporate finance
• Financial statement analysis
• Corporate governance
• Accounting for non governmental and nonprofit organizations
• Information technology & systems

Let us tabulate some key aspects of the diploma in accounting in Canada for international students:

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Let us now check out the requirements and eligibility criteria to study Diploma in accounting in Canada for international students:

1. Academic transcripts along with bachelor's degree (if required)
2. English proficiency test scores
3. GMAT or GRE Scores
4. Additional requirements 

Talking about the diploma in accounting in Canada requirements briefly, let's start with:

1.    Academic transcripts along with bachelor's degree

The graduate diploma in accounting Canada accounts for the basic requirement of submitting academic transcripts for each level of study you’ve pursued. When applying for a postgraduate diploma in Accounting in Canada, and other PG level diploma and certificate courses, you should have a bachelor's degree in a 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 an English proficiency proof in terms of IELTS, TOEFL, PTE or other tests. The minimum IELTS requirement to study accounting diploma courses in Canada is a score of 6.5 or above, depending on the university/ program you choose.

3.    GRE or GMAT Scores

When applying to a PG Diploma in accounting in Canada, top universities may also ask for GMAT or GRE scores.

4.    Additional Requirements

Additional requirements such as an interview, along with work experience, statement of purpose (SOP), and a Resume/ CV can also be asked by your university depending on the program you choose.

The application process for applying to some of the famous accounting universities in Canada has been discussed briefly below:

• Choose your course and a university to start your accounting degree at the PG/ UG level in Canada.
• Submit the application form along with the application fee.
• Submit all the required documents including transcripts, bachelor's degree (if required), along with 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.

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Accounting studies in Canada at the PG level can be summed up as innovative, rewarding and filled with out of the box experiences. We have curated below the list for the best universities to study post graduate diploma in accounting in Canada:

Though a PG Diploma will cost you less than a masters degree in accounting, and is usually of a duration of 1-1.5 years; a PG Diploma in Accounting in Canada will be less valuable as a degree as compared to a masters in accounting degree in Canada.

Meaning, a masters in accounting degree will open more doors for you in terms of excellent employment opportunities and a high pay scale as compared to a PG Diploma in Accounting in Canada.

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The diploma in accounting in Canada for international students cost approximately in the range of 5,000 CAD to 20,000 CAD, and similarly graduate certificate programs also lie in the same range.

The average annual cost of living in Canada ranges between 10,000-12,000 CAD. The rent for living on-campus is around 3,000-7,500 CAD per year which is quite budget friendly compared to off-campus accommodation that costs 8,000-9,000 CAD per year.

Numerous scholarships are available to pursue the best colleges for accounting in Canada, including a lot of university-specific, privately funded and government funded scholarships are available for international students.

Given below are some scholarships to aid your accounting studies in Canada:

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Let us also make you explore some career options after pursuing diploma in accounting in Canada:

• Higher education in various specializations 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, consultant

A PG Diploma in accounting from a Canadian college/ university will definitely cost you less, and impart you with excellent knowledge in terms of great educational experiences. Not only will you be able to get hold of exemplary career opportunities in Canada, you will also be able to pursue higher education in the field of accounting quite easily.