Localfund.com - All about Fund and Investment
*Home>>>Investment Account

I am planning to study masters in accounting from australia. What are the job prospects post completion?


I am planning to study masters in accounting from australia. I do not have any hardcore accounting background however have studied basic accounting in school and college. In addition i have over 5 years of work experience however all of it has been with the customer services industry. I am a bit sceptical about finding a job and what kind of jobs will I be able to get upon completion of this course. As this course is on the shortage occupations list in australia, my goal is to stay back in australia and work in the finance sector. What kind of jobs will I be able to get after this course and after a few years can I move towards investment banking ? Also, what other credits or subjects do I need to study to become a chartered accountant? Thanks .....

I am planning to study masters in accounting from australia. I do not have any hardcore accounting background however have studied basic accounting in school and college. In addition i have over 5 years of work experience however all of it has been with the customer services industry. I am a bit sceptical about finding a job and what kind of jobs will I be able to get upon completion of this course. As this course is on the shortage occupations list in australia, my goal is to stay back in australia and work in the finance sector. What kind of jobs will I be able to get after this course and after a few years can I move towards investment banking ? Also, what other credits or subjects do I need to study to become a chartered accountant in australia?

Getting a masters in accounting is a great idea. As far as what you need to become a chartered accountant, feel free to ask one of your professors when you start classes. It's different in every country so it's best to check with someone who holds that position in your own country. Remember accounting isn't just keeping the books straight, it's also being able to help the customer or client make decisions to make their financial matters more efficient; it's not only about helping them out with their taxes but showing them a way to minimize taxes in upcoming years legally. I do happen to know that there is a general shortage of business professors. Many older professors are retiring and there's a big age gap among these professors. At least here in the states that shortage has led to high starting salaries for professors in business, especially in accounting, so you may want to look into whether that's the case in Australia as well. Basically accountants have a few options, go into taxes, into auditing, consulting, the private sector, and education. Have fun and good luck with your masters.

Accountents are almost as bad as lawyers

In the U.S., you need a masters in accounting to sit for the CPA exam (certified public accountant). You need a total of 150 credits.

The exam is administered by states, so there isn't one that would allow you to practice anywhere in the U.S., although many states offer reciprocity.

Tags
  Investment Company   Investment Calculator   Investment Bank   Investment Advice   Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund
Related information
  • Does anyone know anything about V-Lane Traffic?

    Please check out this site first. ...

  • Choosing between MF Gowth vs Dividend Option?

    Hi, You should invest in MFs for atleast 3 years.You can opt for Dividend only if you invest in Sector/Theme MFs. Becuase they do not perform well all the time.They have some cycles where as fo...

  • How a company will lose when its share price go down?

    Actually when you buy stock you aren't buying it from the company you're buying it from another investor. The company only makes money when it sells off the stock initially (an initial pu...

  • Filing Taxes as a Co-Owner?

    You should split all the expenses. On Form 1040, Sch E Page list all of your share of the expenses. For depreciation you calculate the total property cost then subtract out the land portion. T...

  • Credit card usage right before bankruptcy filing?

    If you file a chapter 13, you can probably account for that in your bankruptcy plan, but in a chapter 7 you will definitely be facing an adversary proceeding. I suspect you probably have to file a...

  • IRA with T.Rowe Price now, should I move it to Vanguard later?

    Both are great firms. T. Rowe Price is my favorite of the two. The way they do their "target" funds is much better than Vanguard (active funds vs. passive index's). Stick with T. ...

  • What to do with low fixed for the life of the loan transfer balance?

    Yes, you can earn 1% on the bank's money, but that's only $150 for the year. Don't get hit with any fees, or that 1% will quickly disappear. If you show that you invested in somethin...

  • What does "Not FDIC Insured" & "No Bank Gurantee" mean?

    Banks offer both FDIC-insured accounts and investment products that are not FDIC-insured. You're looking at the investment products.

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster