Do you want to know the top universities to study accounting in Asia?
Asia could be the most vibrant continent in the world. It presents limitless opportunities, one reason to study on the continent. From the world’s top universities to great education systems, a wealth of culture, buzzing cities, and a lot more to provide you with a great study abroad experience.
If you are wondering whether you should study in Asia, here are some reasons that might change your mind. Also, we will list the 13 top universities to study accounting in Asia.
Table of contents
- Why Study in Asia?
- 1. You learn to be independent
- 2. To improve your language skills
- 3. For networking
- 5. You cultivate 21st-century skills
- 6. For its affordability
- 7. You get to experience the rich and diverse cultures
- 8. It looks good on your resume
- 9. You get to experience the quality of Asian education systems
- 10. You have some of the best places to travel around
- What is the Cost of Studying in Asia?
- Why Should I Study Accounting In Asia?
- What Do Accountants Do?
- Are Accountants In Demand In Asia?
- What are the Top Universities to Study Accounting in Asia?
- 1. Universiti Malaya
- 2. AL-Fabi Kazakh National University
- 3. National University of Singapore
- 4. Newhuadu Business University
- 5. The Hong Kong Polytechnic University
- 6. Xi’an Jiaotong-Liverpool University
- 7. Nanyang Technological University
- 8. European University of Cyprus
- 9. Almaty Management University
- 10. L.N. Gumilyov Eurasian National University
- 11. Chinese University of Hong Kong (CUHK):
- 12. University of New South Wales (UNSW):
- 13. University of Auckland (New Zealand)
- 14. The MARA University of Technology
Why Study in Asia?
Should I study in Asia? There are many benefits of leaving the comfort of your home to study in other continents or countries. For Asia, here are some reasons to get your fantastic study abroad experience here:
1. You learn to be independent
You would agree that leaving away from a familiar environment is quite challenging and an excellent opportunity to learn to be independent.
Also, you will make discoveries about yourself and develop the skills you need to live an independent life.
2. To improve your language skills
Living in Asia will help you cultivate new language skills to develop your portfolios creatively. Imagine having basic conversational skills in a foreign language.
This will be of great benefit to your future regardless of whatever career you decide to choose.
However, even if you do not get to learn a new foreign language, living in Asia completely will help you to improve your existing English language skills.
3. For networking
One of the perks of studying abroad is meeting new people and building up your network among locals and other international students.
These connections can blossom into lifelong relationships and enrich your professional and personal life.
5. You cultivate 21st-century skills
Studying in Asia will quickly help you to cultivate 21st-century skills, the top four of which are:
- Critical thinking
Studying in Asia will help you master the skills you need to thrive in this millennium.
6. For its affordability
The living cost in Asia is quite affordable compared to Europe or the US. This means you can live and study in this content without breaking your piggy bank.
7. You get to experience the rich and diverse cultures
Asia is rich in various cultures, all of which offer life-changing experiences when you immerse yourself in them. These can range from the art of food, architecture and many others that are always awe-inspiring. The good thing about studying in Asia is that you will never run out of sights to see or an attraction to experience.
8. It looks good on your resume
Generally, studying abroad looks good on a resume. Then what about learning in some of the top universities in a flourishing continent like Asia?
Employers are usually impressed by graduates from universities in this continent. Most times, it matters more where you go as employers generally actively look out for adventurous students. They believe that the more your study abroad destination differs from your home country, the more you will be able to learn and grow. Also, the more you will demonstrate your abilities and capacity to adapt and be flexible.
RECOMMENDED: How to Write an Irresistible Study Abroad Essay
9. You get to experience the quality of Asian education systems
Universities in Asia offer quality education systems. The continent aims to equip students with the skills to strive against other applicants successfully. These universities have continually received top marks in international rankings.
10. You have some of the best places to travel around
If you are an adventurer, Asia is the place to be. It has a lot of places in store for you to discover and explore. Also, it offers cheap transportation to travel within the continent. How else to live two dreams at a time; studying and traveling?
What is the Cost of Studying in Asia?
The cost of studying in Asia can vary widely depending on your chosen country and institution. Some countries, such as Japan and South Korea, have relatively high tuition costs, while others, such as China and India, have lower costs. Additionally, living expenses can also vary depending on the location and lifestyle of the student. We advise you to check the specific cost of tuition and living expenses for the country and institution you are interested in attending.
Why Should I Study Accounting In Asia?
Asia is a great place to start a professional accounting career or to study Accounting and Finance programs. It is well-known and intended to comprehensively understand the concepts and methods used in accounting and related fields.
The course allows students to create specialized expertise in an accounting and finance setting, whether in business or government. The award includes both specialized areas, such as tax, forensics, and investment, and an in-depth knowledge of the main topics for students looking to enter the accounting profession.
There are several reasons why you may want to consider studying accounting in Asia:
- Job opportunities: Many Asian countries have rapidly growing economies and a high demand for accounting professionals. This means that there may be more job opportunities for graduates of accounting programs in Asia.
- Cultural experience: Studying in Asia will allow you to immerse yourself in a new culture, learn a new language, and gain a global perspective on business and accounting.
- Quality of education: Many universities in Asia have vital accounting programs and are ranked highly in global rankings.
- Cost-effective: Studying in Asia may be more affordable than studying in other parts of the world, especially regarding tuition fees and living expenses.
- Networking: studying in Asia also gives you a chance to make contacts and network with professionals in the accounting industry in the region.
It’s worth noting that studying accounting in Asia may also have its challenges, such as language barriers, cultural differences, and different accounting standards. It’s essential to research and consider if studying accounting in Asia is the right fit for you.
Studying accounting provides you with skills and knowledge that can be implemented in industries. It is a field that is never out of line because, as far as there are businesses, accountants will always have jobs.
What Do Accountants Do?
Basically, accounting involves dealing with actual revenues, transactions, and observable finances. They are great at keeping track of figures.
The primary role of an accountant is to prepare and examine financial records.
Also, an accountant ensures the accuracy of an individual’s or business’s financial records. An accountant’s role may also include:
- Providing auditing services
- Organizing financial records
- Reviewing statements for accuracy
- Ensuring records and reports correspond with the law
- Computing taxes owed, preparing tax returns, and ensuring quick payment
- Inspecting and keeping account books and accounting systems up to date
- Suggesting ways to ensure overheads reductions and increase revenues and profits
Are Accountants In Demand In Asia?
Accountants are in demand in many countries in Asia. The rapid economic growth in many Asian countries has led to an increased need for accounting professionals to help manage the financial aspects of businesses. Additionally, many Asian countries are implementing stricter financial regulations and cracking down on financial fraud, increasing the demand for accountants.
Some countries in Asia, such as China and India, have an exceptionally high demand for accountants due to their large populations and rapidly growing economies. Other countries in the region, such as Singapore, Hong Kong, and Japan, have a high demand for accounting professionals due to their status as financial hubs in Asia.
It’s worth noting that the demand for accountants may vary depending on the specific country and region, and it’s essential to research the job market for accounting professionals in the specific location you are interested in. Additionally, with the implementation of technology in accounting, the job market is changing, and the demand for accountants with knowledge in the technology field, such as data analytics, blockchain, and AI, is increasing.
RELATED POST: 7 Top Universities in South Korea in 2023
What are the Top Universities to Study Accounting in Asia?
Here’s a rundown of the best universities you can study accounting in Asia:
1. Universiti Malaya
The University of Malaya is one of the top universities to study accounting in Asia. It is set southwest of Kuala Lumpur, Malaysia’s capital city.
This university is about 100 hundred years old and offers some of the best educational experiences in Asia.
2. AL-Fabi Kazakh National University
Al-Farabi Kazakh National University is one of Asia’s best and oldest universities. It is about 100 years old and offers an outstanding study experience. It is the top institution of the Republic of Kazakhstan’s higher education system.
Al-Farabi Kazakh National University has the best educational, spiritual and innovative potential. Also, scientific and production potential, all primarily aimed at training specialists of the highest qualifications.
It offers a variety of programs at different specialties and academic levels. The University has 16 active facilities, 67 departments, 32 scientific research institutions and centers, and a techno-park. Also, it has over 2000 professors, scientific candidates, doctors, and Ph.Ds.
3. National University of Singapore
Also, about 100 years old, the National University of Singapore is another one of the best universities in Asia. It is one of the highest-ranking universities in Asia and offers the highest approach to education and research.
This University is Singapore’s first university to offer an accounting degree from the 1960s. Its Business School has received the Accounting and Corporate Regulatory Authority’s (ACRA) accreditation for its Bachelor of Business Administration (Accountancy) program.
This University provides academic degrees at various undergraduate, graduate, and postgraduate levels. However, this is one of the most expensive institutions in the continent, although studying here will be worth the pay.
4. Newhuadu Business University
Newhuadu Business University/School is a public educational institution in Asia. Founded by the Newhall Foundation, it is a world-class business institute.
It offers the best business education to its students. This university is famous for its outstanding quality of teaching and faculty.
5. The Hong Kong Polytechnic University
The Hong Kong Polytechnic University is one of the top-ranking universities in the Asian Pacific region. It offers an innovation-driven education to students from all over the world.
Also, the university awards scholarships to the most genius and recognized students based on merits. It currently has a student population of nearly 32,000 and 3,600 members.
6. Xi’an Jiaotong-Liverpool University
Xi’an Jiaotong-Liverpool University is one of the top universities to study accounting in Asia. It is an international university geared towards offering an innovation-driven education to students.
It is an independent institute. However, it draws upon two patents universities for guidance and experience. This University offers undergraduate, graduate, and postgraduate degrees to students from all over the world.
7. Nanyang Technological University
Nanyang Technological University is a university known to offer a variety of programs to its students worldwide. It is about 25 years old and provides a creative and innovation-driven learning program.
Also, the university is famed as the best accounting college in Asia. On a ranking of research productivity in Accounting in a 2005 article, this university ranked the top business school in Singapore and the top 3 in Australasia.
Furthermore, this university is Singapore’s only business school and Asia’s third to have the European Quality Improvement System and Association of Advance Collegiate Schools of Business (AACS accreditations.
8. European University of Cyprus
Established in 1961, the European University of Cyprus is invariably one of the leading universities in Cyprus. It is one of the best universities to study accounting in Asia. It offers undergraduate, graduate, and doctorate degrees to students from all over the world.
The European university stays were granted to the European Institutions in Cyprus in 2007. Afterward, it formed six different schools; each named the school of humanities and social sciences, medicine, arts, and educational sciences, etc.
9. Almaty Management University
The establishment of this university began with the creation of the Almaty School, formed in 1988. It has become one of the best accounting universities in Asia. Furthermore, the university offers a variety of programs to its students at the graduate and postgraduate levels.
Almaty Management University is one of Kazakhstan’s first private universities. It is recognized internationally, accredited globally, and an award-winning university in Kazakhstan. It offers programs in various fields, such as economics, management, accounting, etc., to over 3,500 students. This university conducts classes in Kazakh, English, Russian, and around 20 degrees specializations.
10. L.N. Gumilyov Eurasian National University
Set in Astana, the L.N. Gumilyov Eurasian National University is considered one of the best universities to study accounting in Asia. It is about 25 years old, has 13 faculties, and offers various programs to its students.
The University also offers nearly 167 degree programs and 250 English courses taught by highly professional teachers.
The university is said to have one of the best facilities as the institution’s faculty includes Ph.D. professors and doctors.
11. Chinese University of Hong Kong (CUHK):
Chinese University of Hong Kong (CUHK) is Asia’s first accounting school accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the International and the Federation of Schools of Accountancy.
It offers a variety of degree programs to its students, which include:
- BBA in Professional Accountancy (PAC)
- Postgraduate of Professional Accountancy (PDPA)
- Master of Accountancy(MAcc)
- Executive Master of Professional Accountancy (EMPAcc)
- Master/Doctor of Philosophy (MPhil/Ph.D.)
12. University of New South Wales (UNSW):
The University of New South Wales was ranked the first in the world by the journal Accounting and Finance from 1998-2005. It is one of the top universities to study accounting in Asia. According to the Review of Quantitative Finance and Accounting, in a study of accounting schools in Asia-Pacific, the university ranked No. 1 for 12 years from 1991-2002.
13. University of Auckland (New Zealand)
The University of Auckland is an exceptional university that doubles as one of the best to study accounting in Asia. The University of Auckland Business School’s Department of Accounting and Finance has ranked in the top 50.
It offers the:
- MCom programs
At this university, students who major in accounting in the BCom or BBIM degrees can meet the academic requirements for attaining membership to these professional bodies:
- CPA Australia
- New Zealand Institute of Chartered Accountants (NZICA)
14. The MARA University of Technology
The Mara University of Technology was established in 1956. Set in the urban setting of the city of Shah Alam, it is a public, non-profit, and very large higher-education institution. It has campus branches in the following locations:
- Petaling Jaya
- Puncak Alam City
The University is officially recognized and endorsed by the Kementerian Pendidikan Tinggi (Ministry of Higher Education of Malaysia). It offers courses and programs in various fields at undergraduate, graduate, and postgraduate levels.
First, it is about what you studied and where you studied. Accounting is one of the most in-demand occupations in the world. Studying at top universities in Asia looks great on your resume and could set you apart in the job market.
We hope this article answers your questions about studying accounting in Asia. Kindly share so that others can benefit from this information.
An accountant finalizes the financial data into a complete financial statement that can be used by other parties such as banks, employees, suppliers, stockholders, etc.
There are so many reasons you might want to study in Asia. Here are a few:
Providing auditing services
Organizing financial records
Reviewing statements for accuracy
Ensuring records and reports correspond with the law
Computing taxes owed, preparing tax returns, and ensuring quick payment
Inspecting and keeping account books and accounting systems up to date
Suggesting ways to ensure overhead reductions and increase revenues and profits.
Universities in Asia offer top-quality education at affordable costs. If you want to study accounting, here are 14 top universities to study accounting in Asia:
AL-Fabi Kazakh National University
National University of Singapore
Newhuadu Business University
The Hong Kong Polytechnic University
Xi’an Jiaotong-Liverpool University
Nanyang Technological University
European University of Cyprus
Almaty Management University
L.N. Gumilyov Eurasian National University
Chinese University of Hong Kong (CUHK):
University of New South Wales (UNSW):
University of Auckland (New Zealand)
The MARA University of Technology