The study of accounting and accountancy is critical in today’s global economy. It’s no wonder that accounting is one of the most stable and rewarding occupations you can pursue, as skilled accountants are essential to any successful firm.
When it comes to accounting, the study of money flow is crucial. In this course, financial transactions are analyzed, processed and measured, and the results are presented visually. Those that are very organized, analytical, and have a fascination with numbers might consider this career path.
It’s a terrific way to learn about universities and accounting schools around the world by going abroad and pursuing a degree in accounting. Here, we will be looking at some of the best countries to study accounting abroad. Having more options means you’ll be able to learn while immersing yourself in a different culture and way of life.
Best Countries to Study Accounting Abroad
- Reasons: Diversity, finance and business center, and high job demand.
Malaysia, a multiethnic, multicultural, and multilingual culture, has risen to the top of the list of offshore manufacturing and service-based operation sites in the globe. The nation’s capital, Kuala Lumpur, is a financial, real estate, and business center as well as a destination for the arts and media. Demand for accountants is expected to rise sharply in the next five years, according to CFOs, partners, and senior accountants, making Malaysia an attractive country to study accounting.
University of Nottingham Malaysia Campus, Monash University, Heriot-Watt Malaysia campus, Taylor’s University, and Asia Pacific University are all excellent options if you’re thinking about studying accounting there.
2. New Zealand
- Reasons: High job demand, excellent education system, excellent quality of life, and work opportunities.
As New Zealand’s commercial investments and international commerce grow, so does the demand for financial and accounting expertise. As a result of the lack of qualified finance workers in the area, numerous companies are even actively recruiting from abroad, so it’s a good idea to study accounting in this country.
In addition, New Zealand also boasts of its excellent education system. Along with a multicultural environment, good quality of life, students can even work while studying. It’s little wonder that the country is one of the most popular choices for those looking to study abroad.
Consider Auckland University of Technology, University of Canterbury, Massey University, University of Otago, and the University of Auckland if you want to study accounting in New Zealand.
- Reasons: Highly employable, excellent graduate prospects, work placement, and flexibility.
There are quite a number of universities that offer recent accounting and finance degree course graduates work as trainee accountants or tax advisers in the Big 4 or Top 10 accountancy firms.
Accounting and finance degrees also provide students with the option of completing a year of work experience. Employers value work placements because they help students gain essential job experience and skills, as well as establish contacts in the industry. They also help students build confidence in both their personal and professional abilities, which can help them find work after graduation. Before graduating, students can get some on-the-job experience. Ireland is an excellent country to pursue accounting because of internship opportunities that will offer an advantage in the employment market.
In Ireland, you should think about studying accounting at the following institutions: National University of Ireland Galway; University College Cork; Dublin City University; Technological University Dublin; and Maynooth University.
4. South Africa
- Reasons: Renowned accounting organization, finance sector, high job demand, and high salary.
SAICA, or the South African Institute of Chartered Accountants, is a world-renowned accounting organization. The country’s robust banking sector has piqued international interest, and the great demand for experienced accountants means that those seeking work in accounting and finance may anticipate a competitive wage.
There are several universities in South Africa where you can study accounting if you are interested: the University of Witwatersrand, University of Johannesburg, Stellenbosch University, University of Pretoria, and North-West University
- Reasons: Finance sector, high job demand, easy entry requirements, and collaboration with private companies.
Singapore is another great country to study accounting because its goal is to become the Asia-Pacific region’s premier accountancy center. Their open immigration policy makes it easy for foreigners to enter the city-state, and the city-state is frequently recognized as one of the finest places to live, work, or study. Because of its pro-business stance, government agencies collaborate extensively with private sector organizations to boost the economy.
The economy and need for accountants are both growing in Singapore, a major financial powerhouse with increasing international commerce and foreign direct investment. A career in finance or accounting can be started in this city because of its large English-speaking population and economic linkages to Western countries.
In Singapore, you should think about studying accounting at the following institutions: National University of Singapore, Nanyang Technological University, Singapore Management University, Singapore Management of Institute, and James Cook University.
6. The United Arab Emirates
- Reasons: Excellent living standards, work advantages, and accounting standards.
The United Arab Emirates (UAE) continues to draw international students from all over the world because of its open business environment, excellent level of living, pleasant climate, low cost of living, and friendly residents.
Working in Dubai, one of the most populous cities in the United Arab Emirates, has several advantages, including the fact that salaries are tax-free and that the city is a popular tourist destination. Accountants and finance experts from throughout the world are drawn to this country because of its diverse population, fast-changing skyline, and the implementation of International Financial Reporting Standards (IFRS).
Studying accounting in the United Arab Emirates can be accomplished at one of the following institutions: Hult International Business School, University of Dubai, Murdoch University International Study Center, Emirates Institute for Banking and Financial Studies, London Business School.
- Reasons: High job demand, low cost of living, and excellent student life.
In the years since Romania joined the EU, its economy has grown at a remarkable pace. It’s no surprise that accountants and auditors are critical to Romania’s economic progress. You should consider studying at Romania, a good choice for studying accounting.
Romania’s current cost of living is relatively low. Furthermore, Bucharest, Romania’s vibrant capital, is jam-packed with eateries and nightlife venues, including clubs and pubs as well as museums and even parks. Job prospects are high with well-known businesses such as Citibank, Renault, and Visa in the area.
These Romanian universities are recommended if you’re thinking about studying accounting there: the University of Bucharest, Babes-Bolyai University, Alexandru Ioan Cuza University, and the West University of Timisoara.