If your personal Christmas is April 16 and you can’t resist cheap cheeseburgers on tax day, you’ve come to the right place. Accounting majors know that breadth of experience counts. Financial systems are a business way of life, and those models aren’t confined by borders. As world trade increases and more enterprises look abroad, an understanding of modern international business and governmental agency account systems is a MUST. With options to get accounting degrees abroad everywhere from Tokyo to London, earning an accounting degree has never been more adventurous.
Why Earn Your Degree Abroad
Becoming a globetrotting CPA is easier than you think. In fact, it comes highly recommended, too. As globalization leads to more and more countries accepting the International Financial Reporting Standards (IFRS), demand for financial professionals with global business experience is skyrocketing. Accepting an international assignment vis-à-vis an accounting degree abroad program is your ticket to career advancement.
Many high-brow clients are increasingly demanding professionals with global experience too, so public accounting firms and multinational businesses are responding. Entry-level candidates with study abroad experience under their belt are being recognized as valuable additions to teams and high-priority recruits; what more applicants who earned a full degree abroad in accounting?
Accounting majors learn how to gather, record, analyze, interpret, and communicate information about financial performance and risks. Where better to apply those forecasting skills than on the world stage?
While a great number of accounting degrees can be earned all over the world, a good amount of accounting degree programs are located in England, and of that number, a good majority are located in London. One important factor to keep in mind when deciding where to earn your accounting degree abroad is what your price range is, and what specialty you want to get your degree in. London offers almost everything anyone could want academically, however, it’s the most expensive place to live in the world.
From London to Liverpool, England is one of the most, if not THE most popular places to study abroad, and for good reason. British academic institutions are without rival, there is no need to learn a second language if you’re a native English speaker, and the English people themselves are charming and hilarious. If you chose to earn a degree in London you’ll find the most elite universities and accounting degree programs, which are harder to get into, are more expensive, and require more work, but are the most prestigious. While in other cities, such as York or Brighton, you’ll have a bit of an easier time, you won’t necessarily get the branded recognition you’d get from a university in London.
In Asia, there are several places to choose from for your accounting degree, including Thailand and Malaysia. These accounting degree programs are for the more adventurous, or those looking to live and learn in a non-traditional location. Universities in Asia tend to be more focused on preparing you for a career rather than pure academic study. For example, Asia Pacific University in Kuala Lumpur emphasizes individual development and creativity. Along with having respected institutions, Asia has some amazing outdoors activities considering jungles and white sand beaches abound.
If you don’t mind speaking Spanish daily, then check out accounting degree programs available in South America. In Peru, you can earn your accounting degree in an amazing tropical city with a rich history of indigenous and colonial background. Meanwhile in Argentina, you can trek through Patagonia while studying the turbulent financial history of one of South America’s most prominent countries.
Accounting Degree Programs
You might think that earning your accounting degree abroad would limit you to only a certain number of universities, but think again! There are quite a few universities to choose from, and of those, many offer different degree program lengths which each present their own advantages. Popular international universities with accounting degree programs include the University of Stirling in Europe, the American University of Rome, and Macquarie University in Australia.
Most accounting degree programs offer the gamut when it comes to course options and specializations. Popular classes include information systems, auditing, computer systems, cost accounting, economics, finance, government accounting, and even management and marketing.
Lucky for you, fluency in a foreign language is not required for all accounting degrees abroad. Students who are simply fluent in numbers, tax filings, and asset-liability balance sheets, or who identify as analytical and attentive to detail, often succeed in accounting degree programs abroad.
Benefits & Challenges
The benefits of earning your accounting degree abroad include finishing your degree in less than four years; how’s THAT for a balanced worksheet? Not only are you saving time, but you’re saving money, too. For graduate students already in the workforce, this is an absolute perk! We didn’t even mention the amazing exotic foods you’ll be able to chow down on when cramming for tests or the lasting benefit of professional networking for future international employment opportunities yet!
However, life abroad as an accounting student isn’t all peaches and cream (and tax-evasion-free). Learning entirely new tax systems can be overwhelming at first, especially if you are unsure if you’d even like to live in your degree destination in the future. Have you ever tackled a financial audit in a foreign currency or language? It may not be easy, but it is a worthwhile experience nonetheless.
You’re more than a bean counter! Before you jump headfirst into a life of balancing books and suits and ties and conservative skirts, have a little adventure. Get your accounting degree abroad and jump start an international career in finance!