Accounting

Specialization

Accountants are responsible for recording, reporting, analysing, interpreting, and communicating financial transactions and financial information related to a business, organisation, or individual. Bookkeepers are focused explicitly on recording daily financial transactions. An accountant analyses financial data, creates financial reports, and advises management to strengthen the entity's financial position and performance.

Scope & Opportunities

In addition, they have to guarantee precision, uniformity, and adherence to legal and regulatory requirements. Additionally, they offer guidance on other financial issues and taxes. Students can also choose to study accounting in Abarod, as it will help them become familiar with the cultural diversity in different countries.

Study Accounting Abroad: Key Features

Feature	Information
Total Number of Universities	Varies by country
Best Countries to Pursue Accounting	USA, UK, Canada, Australia, Germany, Ireland
Courses Available	Bachelor's, Master's, PhD
Duration	3-4 years (Bachelor's), 1-2 years (Master's), 3-5 years (PhD)
Exams Required	SAT/ACT (Bachelor's), GRE/GMAT (Master's/PhD)
Annual Tuition Fees	INR 20,00,000 - INR 70,00,000
Average Salary per annum	INR 40,00,000 - INR 1,00,00,000
Intakes Available	Fall, Spring
Top Universities	Harvard, Stanford, MIT, London School of Economics, University of Chicago, University of Melbourne
Top Scholarships	Fulbright, Rhodes, Chevening, DAAD, Erasmus Mundus
Top Career Opportunities	Auditor, Financial Analyst, Tax Consultant, Forensic Accountant, Management Accountant

Best Accounting Colleges in the World for Indian Students

University Name	QS World University Rankings 2024 (Accounting)	Annual Tuition Fees (INR)
Harvard University	1	INR 42,00,000
Stanford University	2	INR 48,00,000
Massachusetts Institute of Technology (MIT)	3	INR 41,00,000
University of Chicago	4	INR 41,00,000
London School of Economics	5	INR 33,00,000
University of Melbourne	6	INR 30,00,000
University of Oxford	7	INR 30,00,000
University of Cambridge	8	INR 33,00,000
University of Toronto	9	INR 30,00,000
National University of Singapore (NUS)	10	INR 18,00,000

Eligibility Requirement for Accounting

Eligibility Criteria	Minimum Score/Requirement
Educational Qualifications	Completed 12th grade with high scores in relevant subjects
Standardised Tests	SAT: 1400+ / ACT: 30+ / GRE: 320+ / GMAT: 650+
Language Proficiency Test	TOEFL: 90+ / IELTS: 6.5+ / PTE: 65+
Immigration Requirements	Valid passport, student visa
Work Experience	Not typically required for undergraduate; 1-2 years preferred for postgraduate

Top Programs in Accounting Abroad

University Name	Programs Offered
Harvard University	Bachelor of Arts in Economics, Master of Business Administration (MBA)
Stanford University	Bachelor of Arts in Economics, Master of Business Administration (MBA)
Massachusetts Institute of Technology (MIT)	Bachelor of Science in Management, Master of Finance
University of Chicago	Bachelor of Arts in Economics, Master of Business Administration (MBA)
London School of Economics	Bachelor of Science in Accounting and Finance, Master of Science in Accounting
University of Melbourne	Bachelor of Commerce in Accounting, Master of Management (Accounting)
University of Oxford	BA in Economics and Management, MSc in Financial Economics
University of Cambridge	BA in Economics, MPhil in Finance and Economics
University of Toronto	Bachelor of Commerce in Accounting, Master of Management and Professional Accounting
National University of Singapore (NUS)	Bachelor of Business Administration (Accountancy), Master of Science in Accounting

Cost of living & studying Accounting Abroad

Country	Average Annual Tuition Fee Range (INR)	Estimated Annual Cost of Living (INR)
USA	INR 40,00,000 - INR 60,00,000	INR 12,00,000 - INR 20,00,000
UK	INR 25,00,000 - INR 60,00,000	INR 15,00,000 - INR 25,00,000
Canada	INR 18,00,000 - INR 35,00,000	INR 10,00,000 - INR 15,00,000
Australia	INR 22,00,000 - INR 45,00,000	INR 12,00,000 - INR 18,00,000
Germany	INR 10,00,000 - INR 25,00,000	INR 8,00,000 - INR 14,00,000
Ireland	INR 15,00,000 - INR 30,00,000	INR 12,00,000 - INR 18,00,000

Admissify offers comprehensive guidance and support for Indian students aspiring to study accounting abroad. Their services include personalised counselling, assistance with university applications, scholarship guidance, visa support, and help with accommodation arrangements. Admissify's extensive partnerships with top universities ensure students receive the best opportunities to achieve their academic and career goals.