Accountancy Courses and It's Career Opportunities

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Aссountаnсy сourses equiр stuԁents with the neсessаry skills аnԁ knowleԁge to mаnаge finаnсiаl informаtion. An Aссountаnt hаs to ԁo а lot of work when аssessing the finаnсiаl heаlth of аn orgаnisаtion, like reсorԁing, сlаssifying, summаrising аnԁ interрreting finаnсiаl ԁаtа. Do you have а knасk for working with money? Then this course is the one for you!

If you wish to learn in detail about Accountancy courses, including degrees in Accounting, you can read the blog further.

Types of Accountancy Courses

Accountancy courses are of two types.

  • Undergraduate Courses: They usually last 4 years, and students are awarded a Bachelor of Science in Accountancy (BSA) or a BA Accounting degree. Here are a few topics covered.
    • Financial Accounting course
    • Managerial Accounting course
    • Business Accounting and Taxation course
    • Auditing course
    • Taxation course
    • Cost Accounting course

  • Postgraduate Courses: They usually last 2 years, and students are awarded either a Master of Science in Accountancy (MSA) or Master of Business Administration (MBA) in Finance with a specialisation in Accounting. Here are a few topics covered.
    • International Accounting
    • Forensic Accounting
    • Financial planning
    • Information Systems Accounting

Types of Accountancy Degree Courses

Here is a list of the types of Accountancy degree courses you could pursue.

  • Bachelor of Science in Accountancy (BSA)
  • Bachelor of Business Administration (BBA) with a specialisation in Accounting
  • Master of Science in Accountancy (MSA)
  • Master of Business Administration (MBA) with a specialisation in Accounting

List of Accountancy Courses

Accountancy is a broad subject covering several fields, a few of the most common Accountancy courses are

  • Financial Accounting
  • Managerial Accounting
  • Auditing
  • Taxation
  • Cost Accounting
  • International Accounting
  • Forensic Accounting
  • Financial Planning
  • Information Systems Accounting 

Advantages of Studying Accountancy Courses

Studying an Accountancy course would offer you several advantages, a few of them are:

  • Great job security: Accountants are always in high demand in almost every industry, so you will always have plenty of career options to choose from.
  • High sаlаries: With exрerienсe using the right set of skills, Aссountаnts саn ԁrаw а greаt sаlаry, with even more рerks аnԁ benefits!
  • Sсoрe for саreer аԁvаnсement: There is tremenԁous sсoрe to аԁvаnсe your саreer onсe you stаrt off аs аn Aссountаnt, going аll the wаy uр to Chief Finаnсiаl Offiсer (CFO).
  • Trаnsferаble skills: The skills leаrneԁ in Aссountаnсy сourses аre trаnsferаble to mаny other business ԁisсiрlines, suсh аs finаnсe, mаrketing, аnԁ humаn resourсes.

Skills Required to Study Accountancy Courses

Accountancy would be a fairly easy course for you to pursue if you possess the following skills.

  • Strong mathematical skills
  • Good analytical skills
  • Excellent communication skills
  • Keen attention to detail

Top Preferred Accountancy Courses to Study Abroad by Filipinos

Accountancy courses are one of the most preferred courses of Filipinos, with most of them pursuing the following courses.

  • Master of Science in Accounting (MSA)
  • Master of Business Administration (MBA) with a specialisation in accounting
  • Bachelor of Science in Accountancy (BSA)

Accountancy Courses in Australia

University

Course Name

Duration

Average Annual Cost (in AUD)

University of Sydney

Master of Accounting

2 years

AUD 60,000

University of Melbourne

Master of Accounting

2 years

AUD 65,000

Monash University

Master of Accounting

2 years

AUD 62,000

Macquarie University

Master of Accounting

2 years

AUD 58,000

University of Queensland

Master of Accounting

2 years

AUD 63,000

Accountancy Courses in Canada 

University

Course Name

Duration

Average AnnualCost (in CAD)

University of Toronto

Master of Accounting (MAcc)

1 year

CAD 45,000

McGill University

Master of Accounting (MAcc)

1 year

CAD 50,000

HEC Montréal

Master of Accounting (MAcc)

1 year

CAD 42,000

York University

Master of Accounting (MAcc)

1 year

CAD 48,000

University of British Columbia

Master of Accounting (MAcc)

1 year

CAD 52,000

Accountancy Courses in the USA 

University

Course Name

Duration

Average Annual Cost (in USD)

Stanford University

Master of Accounting (MAcc)

2 years

USD 45,000 - USD 55,000

University of California, Berkeley

Master of Accounting (MAcc)

2 years

USD 40,000 - USD 50,000

New York University

Master of Science in Accounting (MSA)

1 year

USD 50,000 - USD 60,000

University of Michigan

Master of Accounting (MAcc)

2 years

USD 42,000 - USD 52,000

University of Southern California

Master of Accounting (MAcc)

2 years

USD 55,000 - USD 65,000

Accountancy Courses in the UK 

University

Course Name

Duration

Average Annual Cost (in GBP)

University of Oxford

Master of Science in Accounting and Finance

1 year

£28,000

University of Cambridge

Master of Accounting (MAcc)

1 year

£26,000

London Business School

Master in Accounting and Finance

1 year

£30,000

Imperial College London

MSc in Finance and Accounting

1 year

£27,000

University of Warwick

MSc in Accounting and Finance

1 year

£25,000

Top Universities Offering Accountancy Courses Abroad

University

Location

Stanford University

USA

University of Oxford

UK

University of Cambridge

UK

London Business School

UK

University of Melbourne

Australia

University of Toronto

Canada

McGill University

Canada

Average Cost of Studying Accountancy Courses Abroad 

Studying Accountancy abroad would be a great idea! If you are wondering how much it would cost, look no further! AECC has compiled a list of the best universities abroad to study Accountancy, and it compares the total expenses in Pesos!

Country

Average Tuition Fees (in USD)

Average Living Expenses (in USD)

Total Average Cost (in USD)

Total Average Cost (in PHP)

United Kingdom

USD 35,000

USD 12,000

USD 47,000

PHP 2,585,000

United States

USD 38,000

USD 15,000

USD 53,000

PHP 2,915,000

Australia

USD 32,000

USD 16,000

USD 48,000

PHP 2,640,000

Canada

USD 30,000

USD 14,000

USD 44,000

PHP 2,420,000

Singapore

USD 28,000

USD 10,000

USD 38,000

PHP 2,090,000

Career Prospects in Accountancy Courses for Filipinos

Filipinos who study Accountancy abroad have a wide range of great career prospects to choose from!

Job Title

Average Annual Salary (in PHP)

Accountant

PHP 500,000

Auditor

PHP 600,000

Financial Analyst

PHP 700,000

Tax Accountant

PHP 650,000

Management Accountant

PHP 750,000

Cost Accountant

PHP 600,000

Budget Analyst

PHP 650,000

Financial Advisor

PHP 800,000

Internal Auditor

PHP 700,000

Forensic Accountant

PHP 850,000

Accountancy Jobs & Salary in Australia

Job Title

Average Annual Salary (in AUD)

Management Accountant

AUD 120,000

Financial Accountant

AUD 115,000

Chartered Accountant (CA)

AUD 110,000

Tax Accountant

AUD 105,000

Internal Auditor

AUD 100,000

Cost Accountant

AUD 95,000

Financial Analyst

AUD 90,000

Budget Analyst

AUD 85,000

Auditor

AUD 80,000

Accountant

AUD 75,000

Accountancy Jobs & Salary in Canada

Job Title

Average Annual Salary (in CAD)

Management Accountant

CAD 100,000

Chartered Professional Accountant (CPA)

CAD 95,000

Financial Accountant

CAD 90,000

Tax Accountant

CAD 85,000

Internal Auditor

CAD 80,000

Cost Accountant

CAD 75,000

Financial Analyst

CAD 70,000

Budget Analyst

CAD 65,000

Auditor

CAD 60,000

Accountant

CAD 55,000

Accountancy Jobs & Salary in the USA

Job Title

Average Annual Salary (in USD)

Management Accountant

USD 120,000

Financial Accountant

USD 115,000

Chartered Accountant (CA)

USD 110,000

Tax Accountant

USD 105,000

Internal Auditor

USD 100,000

Cost Accountant

USD 95,000

Financial Analyst

USD 90,000

Budget Analyst

USD 85,000

Auditor

USD 80,000

Accountant

USD 75,000

Accountancy Jobs & Salary in the UK

>

Job Title

Average Annual Salary (in GBP)

Management Accountant

£80,000

Financial Accountant

£75,000

Chartered Accountant (CA)

£70,000

Tax Accountant

£65,000

Internal Auditor

£60,000

Cost Accountant

£55,000

Financial Analyst

£50,000

Budget Analyst

£45,000

Auditor

£40,000

Accountant

£35,000

Top 10 Accountancy Course Specialisations for Filipinos

You are probably confused about what to specialise in Accountancy because it is a vast subject, but we are here to help! Here is a brief overview of the top 10 Accountancy course specialisations pursued by Filipinos.

Specialisation

Brief Description

Potential Job Opportunities

Financial Accounting

Preparing and analysing financial statements, such as balance sheets, income statements, and cash flow statements.

Financial accountant, financial analyst, management accountant, auditor

Management Accounting

Using accounting information for decision-making and planning within organisations.

Management accountant, financial analyst, cost accountant, budget analyst

Taxation Accounting

Understanding and managing tax obligations.

Tax accountant, tax consultant, tax preparer, tax manager

Auditing

Examining financial records to ensure accuracy and adherence to accounting standards.

Internal auditor, external auditor, financial auditor, forensic auditor

Cost Accounting

Analysing and managing the costs incurred by organisations.

Cost accountant, cost analyst, cost manager, pricing analyst

Forensic Accounting

Uncovering financial fraud and irregularities with accounting principles and investigative techniques.

Forensic accountant, fraud examiner, financial investigator, corporate investigator

Government Accounting

Accounting principles and practices specific to government entities.

Government accountant, budget analyst, financial analyst, auditor

International Accounting

Application of accounting principles to multinational corporations and cross-border transactions.

International accountant, financial analyst, management accountant, auditor

Accounting Information Systems (AIS)

Designing, implementing, and managing accounting information systems.

AIS analyst, systems analyst, systems consultant, IT auditor

Accounting Education

Teaching accounting at the secondary or tertiary level.

Accounting teacher, accounting professor, accounting instructor, accounting program coordinator

If you have any questions or doubts about studying accountancy courses in abroad universities, you can reach out to AECC. You can read our blogs to get detailed information on everything related to studying abroad, from university applications to student visa guidance. Do not hesitate to contact our counsellors for FREE in-person assistance!

What is the high salary you can earn by studying the Accountancy course?

Accountants can earn high salaries, with the top earners making over $200,000 per year. The median salary for accountants is around $70,000 per year.


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