What Makes International Students Study Accounting in Australia?

There can be two ways to think and talk about the accounting profession in Australia: one from the perspective of international students studying in Australia, and the second from the approach native students have for the profession.

The picture gets clear when you study the latest reports of some renowned newspapers in the country. A report published in the Sunday Morning Herald reveals that the number of native students studying accounting in Australia has gone down by 20 percent since 2001.

On the contrary, the number of overseas undergraduates studying accounting courses in Melbourne and other major Australian cities has increased by 500 percent between 2001 to 2014.

The numbers clearly show that there is no dearth of world-class accounting institutions, job opportunities, or placement options in Australia. A stable economy and abundant opportunities are waiting for the accounting graduates. Native students’ ‘annoyance’ towards accounting profession has paved the way for the ones who are going to get their degrees in the upcoming years.

The Australian government has taken initiatives, such as professional year in accounting, to enhance the practical skills as well as theoretical knowledge of international accounting graduates in Australian universities.

Apart from the government schemes and programs offered by the universities, there are many reasons behind why accounting profession is attracting international students in Australia. We shed some light upon the major ones:

Career Options: Accountancy provides a pathway for various job titles, including bankers, taxation officers, auditors, forensic accountants, investment managers, entrepreneurs, traders, investment analysts, financial advisors, and management consultants etc.

Latest Technology: Accountancy students in Australia are taught using the cutting-edge technology available in the field. Institutions offering accounting courses in Sydney and other cities invest in developing systems, applications and research. 

High Employment Prospects: Accounting graduates in Australia can avail the benefits of high employment prospects as there is no shortage of accounting job vacancies.

Global Demand: With the progress of world economy, the need of accountancy graduated will grow stronger. Due to worldwide recognition of Australian diplomas and degrees, the situation will be favourable for Australian degree holders.

If you have some more questions regarding top accounting institutes, courses or programs, contact our expert education consultants at AECC Global.

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Created on Sep 18th 2017 04:44. Viewed 705 times.

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