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Masters (MS) in Accounting Abroad

Overview

Accounting is the measurement, processing, communication and analysis of financial information of enterprises like businesses and corporations. It has been colloquially referred to as the Language of Business, as it measures the results of an organization’s economic activities and conveys these compilations to a variety of users.

A Masters degree of Professional Accounting can also be obtained from Australian universities to qualify for the Australian CPA, IPA or CA. This speciality program usually runs 1-2 years in length and contains 10-12 three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate Accounting courses or a combination of Accounting courses, Management, Tax, Leadership and other graduate business electives. The program is designed not only to prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.

Course Structure

There are topics and modules you can expect to study on any accounting program, including:

  • Financial reporting
  • Management accounting
  • Auditing theory and practice
  • Accounting information systems
  • Macroeconomics
  • Microeconomics
  • Business law
  • Principles of taxation

Course Subjects

Students pursuing Masters in Accounting get to know the basic principles of accounting and their applications. Some of the subjects covered in the program are:

  • Financial Accounting
  • Management Accounting
  • Auditing
  • Accounting Information Systems
  • Tax Accounting
  • Economics
  • Business IT skills

Top Specializations

There are several avenues for Accounting students while determining their speciality. Some of them include:

  • Tax Accounting
  • Financial Accounting
  • Auditing and Forensic Accounting Services
  • Management or Managerial Accounting

Core Skills

Basic Soft Skills for Accountants :

  • Strong written and oral communication.
  • Organization and attention to detail.
  • Analytical and problem solving skills.
  • Time management.
  • Systems analysis.
  • Mathematical and deductive reasoning.
  • Critical thinking.
  • Active learning.

Requirements

BaThe requirements for a Masters in Accounting are generally same for most of the universities.The prerequisites generally are:

  • GMAT (or GRE) Score
  • TOEFL/IELTS/PTE
  • 2-3 years of relevant work experience
  • Background in Accounting and Commerce

Top Scholarships

Accounting scholarships 2021 - 2022

  • Orange Knowledge Programme Netherlands
  • GMAT international awards in International Accounting, Audit & Control, France
  • Undip Scholarships Indonesia Diponegoro University
  • Japan Africa Dream Scholarship (JADS) Program AfDB 2021-22
    85% Scholarship for Online programs at IU International University of Applied Sciences, Germany
  • Joint Japan World Bank Graduate Scholarship Program 2021-2022
  • Ireland MSc Merit-Based Awards, 2021-22
  • Fulbright Foreign Student Scholarship Program USA
  • New Zealand Aid Programme 2021-2022 Scholarships for international students
  • Australia Awards Scholarships for International Students
  • Global Korea Scholarship - Funded by Korean Government
  • BrWellington Accounting Scholarships - for Australian and NZ Citizens and PR holders

Work Opportunities

Some of the potential jobs that you could get after completing a Masters degree in Accounting are:

  • Auditor
  • Financial Analyst
  • Forensic Accountant
  • Managerial Accountant
  • Chief Financial Officer
  • Corporate Controller

FAQs