Accounting graduates (hopefully like you) who completed their studies can become accountants who record, classify, summarise, interpret and communicate the financial information about a business. Based on the Australian Government Australian Careers website, the average weekly earnings for accountants is 20% higher than the other occupations’ average wage and the job prospects are very promising. For instance, big employers of accountants include property and business services industry, finance and insurance companies, and government departments. Thus lots of opportunities for you!
While, finance major graduates who finished their programme can choose to become financial managers whose concern include the commercial activity of providing funds and capital. According to the Australian Government Australian Careers website, the job prospects for financial managers are very good and the average weekly earnings for this occupation is 39% higher than the average wage of other occupations. Property and business services industry, finance and insurance companies, and government departments, are among the industries that need finance graduates.
Eligibility to Study Accounting and Finance in Australia
Many students are interested to study Accounting and Finance for a variety of reasons. However, students who are interested to study in Australia should understand the various requirements to obtain a degree in this country. Malaysian undergraduates should have a minimum score in Sijil Tinggi Pelajaran Malaysia (STPM) based on the number of subjects completed in the same academic year. The scores required are 7 for one subject, 4 for two subjects, 4 for three subjects and 3 for four or more subjects.
In addition, Malaysian students who score a minimum Grade Point Average (GPA) of 2.0 in the Malaysian Matriculation Certificate (Matrikulasi) are entitled to study accounting and finance in Australia. Moreover, Malaysian Independent Chinese Secondary Schools Unified Examination Certificate (UEC) with minimum aggregate score of 20 or less in total of best five subjects excluding English, Chinese and Bahasa Malaysia, is one of the entry requirements to study Finance and Accounting courses in Australia.
The Cost to Study Accounting and Finance in Australia
One of the biggest reasons why Malaysian students are interested in studying Accounting and Finance in Australia is the cost. There are a lot of affordable colleges in that country and this is good news for anyone who is interested in paying for quality education as you will get what you expect. The cost to study Accounting and Finance in Australia for international students is approximately from AU$ 15,000 to AU$ 33,000 (USD 11,300 to USD 24,700). Ultimately, moving abroad to study is a big decisions, so always be sure to think about this before pursuing your degree there.