Are you looking for an exciting and diverse career that can take you anywhere? If so, accounting should be at the very top of your list. With plenty of courses available to international students, studying accounting in Australia has never been easier. Additionally, a qualification in accounting could just be your ticket to a global career, higher education and many more incredible opportunities.
If you’re thinking of pursuing a future in this dynamic and exciting sector, read on to discover our top five best reasons to study accounting.
1. You’ll enjoy a diverse range of career opportunities
Many people think accounting is just about taxation and auditing, but that couldn’t be further from the truth. In fact, an accounting qualification can open up a whole world of diverse and exciting careers for you. You can explore any number of exciting roles, including management accounting, forensic accounting, business analysis, risk management and payroll just to name a few.
In addition to a wide variety of professional pathways, becoming an accountant can open the door to nearly any industry. Some of these include exciting, ever-growing sectors like sustainability, entrepreneurism, and financial technology (aka fintech), which includes cutting-edge areas like blockchain and cryptocurrencies.
Eager to know what accounting role would best suit your skills, experience and passions? Take the accounting career quiz to find out!
2. An accounting career can take you anywhere
Would you like a career that can take you around the world? A career in accounting could be the perfect fit.
Not only are accounting professionals needed all around the world, but there are accounting certifications you can get that are internationally recognised, such as those offered by ACCA Global. With this type of qualification, you can launch your global accounting career and grow it anywhere, be it at home or abroad.
If you hope to launch your long-term career in Australia, studying accounting could be the key. Accounting jobs in Australia fall on the Government’s skilled occupation list, which means a qualification could make you eligible to apply for a skilled migration visa.
Read more: Top 10 Skills You Need to Have as an Accountant in Australia
3. Accounting is in consistently high demand
There are plenty of things to consider when selecting your future career, but one of the most important things to look at is the number of jobs available in your chosen field. As a consistently high-demand role in the country, you can expect to find plenty of accounting jobs in Australia. The level of demand is expected to continue into the future, with roles expected to grow by 9.2 per cent by 2026.
Not only are there plenty of jobs, but accounting offers you the significant potential to grow your career. While many executive roles are currently held by the Baby Boomer generation, these positions will open up as these workers retire. As a result, there will be room to quickly move up in your organisation when you hold an accounting position.
4. You’ll gain highly transferable skills
You might need some skills to start your accounting degree, like competency in mathematics and English. But did you know that becoming an accountant will help you develop a wide range of other skills too? Transferable skills are those which you can take with you across various roles and industries, and will therefore be beneficial throughout your working life. Whether you end up working in an executive role, running your own business or working with multinational corporations, these are the skills that will always come in handy.
Becoming an accountant will equip you with a wealth of transferable skills from very early on in your career. You’ll develop hard skills, such as report writing and working with specialised computer programs, as well as soft skills like communication, resilience and teamwork.
As an accountant, you’ll also have opportunities to continue learning through associations like ACCA Global, undertaking Continuing Professional Development (CPD) every year. This is hugely beneficial, as it helps you grow as a professional and keeps you up-to-date on changes and developments in the accounting world.
5. It can open the door to further study
When it comes to further study options, an accounting degree means that the sky’s the limit! With a breadth of top-tier accounting courses in Australia, the hardest decision you’ll make is which path to follow.
For instance, if you have an undergraduate degree in accounting, your next step might be completing a postgraduate program, such as a Master of Business Administration or a Master of Accounting, to help you stand out in a competitive job market. When researching these courses, remember to explore the requisites to study a master’s of accounting.
Read more: What Are the Requirements to Study Accounting in Australia?
