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The language of business is accounting. It’s like a company report card that helps you figure out how successful your firm is. Accounting is used by businesses to conduct financial studies that are required for future planning and decision-making. It is the process of capturing, analyzing, summarizing, evaluating, and disseminating a company’s financial data. In reality, an accounting degree will help you be more productive when solving problems, and you can pursue accounting as a career if you enjoy working with numbers.
Accounting is still one of the most popular courses in Australia. One of the reasons for this is that Australia is always on the lookout for accountants. The evident need for accounting-related courses is all the more generally recognized, given the rising demand in the labor market. The approval of the CPA qualification by the ICAI and vice versa has added to the course’s popularity, particularly in India.
In Australia, the education system offers a variety of specialized Accounting Courses in a variety of subjects.
1.Cutting-edge technology: Accountancy students in Australia are taught utilizing the most cutting-edge technology available in the industry. Educators invest in the development of systems, applications, and studies.
2.Highly trained instructors: There is a good probability of finding professional accounting educators from various ethnic origins. International students are exposed to a variety of subjects, allowing them to have a better understanding of practices in other countries.
3.Accountants in Australia are accredited by three (3) professional accounting bodies: CPA Australia, Institute of Chartered Accountants, and Institute of Public Accountants. Completing a validated degree is the only way to join CPA Australia and the Institute of Chartered Accountants as an associate member.
4.High employment possibilities: Accountancy graduates in Australia have excellent job prospects. In the foreseeable future, there will be no scarcity of accounting employment openings. This, too, ensures the security of work.
5.Global demand: As the global economy grows, so does the demand for accounting graduates. Due to international recognition, holders of degrees/qualifications from Australian education providers are faring well.
6.Work in every industry: Accountancy professionals are needed in any business, therefore there are more possibilities to pick from than in other careers.
7.Mateship: One of the benefits of being an international student in Australia is that students who share a common enthusiasm for their field of study go through the journey together, forming relationships that will last a lifetime.
| S.No | University | QS 2022 Ranking | Annual Tuition (AUD) |
| 1 | Australian National University | 27 | 47,800 |
| 2 | University of Sydney | 38 | 49,000 |
| 3 | University of New South Wales (UNSW) | 43 | 35,600 |
| 4 | Monash University | 58 | 45,800 |
| 5 | University of Queensland | 47 | 44,272 |
| 6 | University of Western Australia | 93 | 42,300 |
| 7 | University of Adelaide | 108 | 44,000 |
| 8 | University of Technology Sydney | 133 | 41,136 |
| 9 | University of Newcastle | 134 | 31,980 |
| 10 | Deakin University | 283 | 28,600 |
You must also send the following documents with your program application package:
Chartered accountant is one of the professional options that you may consider after earning an accounting degree.
According to Australian government regulations, students need an additional $20,290 AUD each year to cover living expenses in addition to their university tuition fees. It also advises that, depending on the type and city, accommodation might cost anything from 5 to 440 AUD each week. The following are some of the other living expenditures in Australia:
The cost of living in Australia for students is listed below. The costs listed below are for a week. (AUD/week)
There is a lot to say about the island nation that is known for its global academic reputation, a diverse range of disciplines, pleasant weather, and a safe environment. One of the main reasons why people opt to study in Australia is because of this. The country is one of the most pleasant and welcoming places to pursue higher education, with degrees recognized all over the world. One of the most tempting characteristics of studying in Australia is that the educational system focuses a larger emphasis on practical knowledge.. So buckle up and prepare to dive into this vast ocean of information, adventure, and learning.
Our hope is that this article gave you an overview of accounting scope for those who wish to study in Australia. If you do have any further queries or questions, do reach out to our experts and get your study abroad journey started today.
