Masters in Accounting in New Zealand for Indian Students

Accounting and finance are mostly a game of numbers, and the experts in these fields evaluate and audit everything that has to do with numbers, or more specifically, money. This is an expanding platform for job prospects because managing finances is important in all endeavours, large and small. This is a field with a high probability of work prospects. By furthering your education in New Zealand, you will thereby be giving yourself a global platform. New Zealand is a popular choice for students looking to study abroad due to its internationally acclaimed educational system.

Why Study Masters In Accounting In New Zealand?

  • Best Quality Global Education: A few New Zealand universities are renowned internationally for their MS programmes, research, and student-centred teaching methodologies.
  • Less Expensive (in comparison to Universities in the US or UK): A MS would cost anything from 15 to 35 lakhs INR annually.
  • Diverse Culture: New Zealand is a multicultural country with a strong cultural foundation in its educational system.
  • Quality of Life: New Zealand, one of the most sophisticated and forward-thinking nations in the world, provides countless options for picturesque travel and leisure activities while completing your studies.

Masters In Accounting In New Zealand: Course Highlights

Duration

1.5-3 years

Type

Full-time / Part-time

Mode

Online / Offline

English Language Eligibility

IELTS - 6.5, TOEFL, PTE

Entry Level Exams

GRE, GMAT

Suggested More:

Universities for Masters in Accounting In New Zealand

University

QS Ranking 2022

University of Auckland

106

Victoria University of Wellington

201-250

University of Canterbury

301-350

University of Otago

301-350

University of Waikato

301-350

Masters In Accounting In New Zealand: Eligibility

Depending on the course, each institution may have different precise entry criteria. The most typical prerequisites for most institutions are summarised as follows:

  • You must earn a Bachelor of Science with Honors or a Postgraduate Diploma in Science in a subject area related to your chosen area of specialisation. The minimum GPA requirement is 4.0, while individual institutions may have different criteria.
  • To demonstrate your command of the English language, you must achieve the minimum needed IELTS score.
  • Admission to master's programmes in New Zealand requires the GRE. While many Kiwi universities also recognise the GMAT, it is mostly necessary for management programmes.

Masters In Accounting in New Zealand: Admission process

Step one: Additional paperwork is necessary

Step two: Start your application online.

Step three: Pay course's application fees

Want to know about the Application Process? Click Here

Masters In Accounting in New Zealand: Documents Required

  • Official transcripts of grades
  • Official mark sheets and a certificate of completion of the programme
  • Proof of your ability to speak English
  • A copy of a passport or birth certificate

Scholarships for Masters In Accounting In New Zealand

Name of scholarship

Description

New Zealand International Doctoral Research Scholarships (NZIDRS)

These government-funded scholarships are available to Indian students who want to study for a PhD in New Zealand. University tuition fees, related student fees, a living allowance of up to $25,000 tax-free, and three years of health insurance are all covered by this award. (However, it may change depending on the type of school provider.)

New Zealand Commonwealth Scholarships

Indian students may apply for the Commonwealth Scholarship and Fellowship Plan when they apply for a master's or PhD. (CSFP). The programme will pay for travel insurance, tuition, living expenses, and establishment subsidies. This scholarship has a lot of advantages, including:

Whole price of tuition

A weekly allocation for living expenditures of NZ$491

Setup for covering cost 3,000 New Zealand dollars.

Research expenses and medical and travel insurance for graduate students

NZ-GRADS New Zealand Global Research Alliance Doctoral Scholarship

If you want to finish your PhD in farm emission science, check out the new NZ-GRADS programme that the Global Research Alliance on Agricultural Greenhouse Gas Emissions has started. For a period of three years (36 months), it covers the following costs:

tuition costs of up to NZD 10,000 annually

a yearly allowance for offsetting costs of NZD 28,000 annually (tax-free)

Medical coverage of up to NZD 700 annually

Visa application fees cannot exceed $1,000.

return airfare to New Zealand, up to a maximum of $6,000

Amount for research up to $1,500

To begin the application process, feel free to contact your IDP international education advisor.

SEG Scholarship

The Soshi Educational Group is responsible for funding this scholarship programme. For undergraduates (via A and B scholarships and other programmes), it promotes the study of geophysics & related geosciences (C scholarships)

NZD 7,000 per year for Scholarship A, NZD

5,000 per year for Scholarship B, and NZD

3,000 per year for SEG Scholarship C.  

The award is valid for a year.

Palmerston North City Mayor's Goodwill Ambassador Scholarship

The Palmerston North City Council is funding it in order to advertise Palmerston North as an ideal place for overseas students. It is offered for undergraduate, graduate, and career-based/vocational courses. 

The scholarship is worth NZD 1,000 toward the cost of tuition for the first year.

Cost of Studying Masters In Accounting In New Zealand

In New Zealand, an MS in accounting may cost between INR 15 and 35 lakhs annually. The price varies according to the sort of master's degree, with certain higher-priced fields including geothermal engineering, medicine, and health sciences costing an average of INR 15-20 lakh per year. Information on scholarships available to international students can be found on the web pages of individual universities.

Jobs & After Masters In Accounting In New Zealand

Graduates will be able to synthesise and analyse various theoretical approaches to accounting themes, conduct independent research on projects related to accounting, and explain their findings. They will also be able to critically reflect on philosophical issues in accounting. The MPA satisfies the academic prerequisites for applying for membership in CPA Australia and the New Zealand Institute of Chartered Accountants (NZICA). Graduates can find employment with chartered accounting firms, smaller accounting firms, government agencies, non-profit organisations, as well as private businesses like those that provide banking and financial services.

Job Position

Description

Average Salary Package

Accountant

assembling and analysing account data to prepare liability, asset, and capital account entries. Entering account information to record financial transactions and analysing accounting alternatives to report financial actions in their ultimate form.

INR 3,50,000

Chief Accounting Officer

in charge of an organization's accounting department. held accountable for a company's financial reporting and accounting processes.

INR 8,00,000

Forensic Accountants

investigates fraud by analysing the financial statements of a firm using abilities in auditing, accounting, and investigative work.

INR 4,00,000

Auditing Manager

Organising and supervising internal audits in accordance with the annual audit plan is their responsibility, and they frequently oversee a team of auditors.

INR 9,50,000

Strategic Planning Director

Organises a firm's strategic development and plans to reach certain organizational goals, by taking into account the industrial trends, companies' budget and business policies, which becomes profitable in the long term.

INR 15,00,000

New Zealand Student Visa process

To enter New Zealand for a master's degree, foreign students need a student visa. The fee-paying student visa is the most popular type of visa. There are numerous job paths available to overseas students who are thinking about working in New Zealand after their study abroad programme is over. For Masters's students who have spent at least 30 weeks studying in New Zealand, a post-study employment visa with a 3-year option is available. Since the post-study visa's rules have changed, you are no longer required to work exclusively for one employer. You can now work for any employer.

Well, that was extensive coverage but we have got more information for you at AECC global. AECC Global is the right place for you to expedite your education endeavours with assistance in all aspects from finding accredited courses, to an ideal destination and a leading institution. The expert counsellors provide guidance and will bring your dreams to life.

FAQs About Masters in Accounting in New Zealand

Is a Master's degree in Accounting worth it?

Yes, it is worth taking a Master's degree in Accounting as it helps you get a better-paid job not only in New Zealand but also in other countries.

How do I study Master's in Accounting in New Zealand?

If you have an excellent academic record and a good English Proficiency Test score, you can apply to any university offering a Master's in Accounting through their official website.

Is New Zealand a good option for Master's?

Yes, New Zealand is one of the preferred destinations for Master's, and you will find an increased number of international students taking up the program.


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