Due to the high salaries, job stability, and recognition they offer, finance and accounting positions have always been in great demand. A respectable university degree in accounting or finance can open up several high-paying work opportunities in the industry.
It is essential for several institutions, including banks, governmental organisations, and financial corporations, and there are several areas of specialisation in finance and accounting. You must have a high aptitude for statistics and the capacity to analyse, compare, and understand data to operate in this sector.
Canada is the finest country to study finance and accounting due to the abundance of career opportunities, scholarship opportunities, and top-notch educational facilities. The leading institutions in Canada provide a variety of accounting courses that you may pick from. Let's first examine why you must get an accounting degree in Canada.
Canadian Accounting Overview
The category of professional degrees with the highest immigration capacity includes auditing and accounting. International graduates come to Canada to take advantage of advanced accounting and related subject courses.
In Canada, accountants can expect to make an average of $55,011 annually, with the highest-earning tier exceeding $75,000 annually. Because both Canada and the USA adhere to the same accounting standards and generally accepted accounting principles, studying accounting in Canada might lead to employment prospects in the same sector in the USA (GAAP).
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Although there are significant discrepancies in the accounting rules, you may understand them as you progress through the study. Additionally, studying for the CPA test in Canada might help you prepare for the US CPA exam.
You won't be able to request a review of your Canadian CPA test results in the US. However, taking accounting classes in Canada will help you prepare for the equivalent test in the USA.
10 Best Accounting and Finance Universities in Canada
- University of Toronto
The University of Toronto is ranked 16th in the world by U.S. News and World Report's University Rankings. Because it blends accounting and finance, the Masters in Accounting and Finance Program (MAccFin), offered in Ontario, is the top programme in North America. Similar to this, additional courses are designed to provide students with practice knowledge, assist them in learning the most recent information, and help them prepare for a brighter future.
- McGill university
McGill University began as a government-funded research facility and has since grown to become one of the top universities in the nation. The campus is filled with cutting-edge amenities. McGill University offers two Graduate Certificate programmes in Financial Planning and CPA Professional Education, as well as a Diploma in Accounting for overseas students.
- Queen's university
With more than 150 undergraduate and graduate programmes available, including accounting and finance, Queen's University was founded in 1841. The Smith Business School is affiliated with Queen's University and specialises in offering accounting, business, and finance courses.
- British Columbia University
The University Of British Columbia (UCB) provides theory- and application-based courses in accounting and finance. These courses are designed to enhance students' business foundations and critical thinking skills. Along with opportunities to select from Dual Courses merging Bachelor's and Master's courses, there are courses like Master in Business Administration, Management, and Business Analytics.
- University of York
York University is a well-known institution in Canada that provides excellent accounting courses. Additionally, it is renowned for providing outstanding financial help to students. A certificate in accounting or a course in advanced professional accounting is options. York University also offers online courses in both of the subjects mentioned above.
- Centennial University
Centennial College was initially only a straightforward community college, but it has since developed into a top-tier organisation that provides several accounting courses in Canada. International students are drawn to the college to study business accounting, payroll, business administration, and strategic management.
- McMaster university
Since 1887, McMaster University has been providing high-quality education. It is renowned for several esteemed programmes, including a few Masters in accounting in Canada programmes. You can select among diploma programmes, certificate programmes geared toward becoming a CPA, speciality programmes (Auditing, Taxation, etc.), and fundamental studies.
- Humber University
Humber College offers numerous accounting courses to domestic and international students in Canada. Certificate programmes are available in professional accounting, financial planning, and account management. There are more than 44 courses available for a Master's degree, and the environment encourages critical thinking.
- University of Alberta
One of the best universities in the nation is considered to be UAlberta. Its cutting-edge facilities and distinguished faculty make it a preferred university for Masters in Accounting in Canada. Depending on your desired subject, you can study at the Accounting and Business Analytics Department or the Department of Commerce.
- University of Waterloo
The University of Waterloo has won praise for its emphasis on experiential learning and its influence on students' social-cognitive development. Along with Master's Accounting Courses, Canada offers PhD in Accounting, Master of Taxation, and Master of Quantitative Finance.
These are Canada's best schools and institutions for accounting programmes. In any of these universities, you may quickly obtain information on the admissions procedure and other specifics of your chosen programmes.
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