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Study Abroad Expert - Answered on May 30, 2023

Asked on - May 20, 2023Hindi

I am going to study Master of Professional Accounting in Australia. I have planned to return and work in India. Is Master of Professional Accounting having good scope in India ?
Ans: Hello Raval,

First and foremost, thank you for contacting us. In India, the Master of Professional Accounting (MPA) degree may present favorable job chances. Accounting experts are in high demand everywhere, including India, as businesses need knowledgeable individuals to oversee their financial operations, uphold legal compliance, and offer strategic financial counsel. Your ability to fulfill the demands of the accounting sector can be enhanced by pursuing an MPA.

The MPA degree may have strong employment prospects in India for the following reasons:

1. Rising demand: The demand for trained accountants has been rising gradually along with the expansion of enterprises and the growth of the Indian economy. This tendency is expected to continue, making now an excellent time to start a career in accounting.

2. Adhering to regulations: The regulatory and reporting framework in India's commercial environment is becoming more complex. To assure compliance and aid businesses in navigating these rules, qualified accountants knowledgeable in financial reporting, auditing, and taxation are highly sought-after.

3. International trade and investment: Significant foreign investment is flowing into India, and numerous global businesses are establishing themselves there. These businesses frequently require specialists that understand international accounting standards and can manage international financial operations. Your ability to work in these globally connected contexts can be enhanced by earning an MPA degree.

4. Professional acclaim: Pursuing an MPA from a renowned Australian university might boost your professional credibility and raise your chances of landing lucrative job prospects in India. Studying abroad might give you a comprehensive viewpoint and a competitive edge in the job market with employers frequently respecting globally recognized qualifications.

5. Various professional paths: An MPA degree provides a variety of professional options in India, including employment with public accounting firms, business finance divisions, governmental organizations, non-profits, and consultancy firms. You might also think about going into academics or opening your own accounting firm.

The MPA degree has high career prospects in India, but it's critical to keep up with the most recent accounting trends, laws, and innovations. You can enhance your career by networking, acquiring hands-on experience through internships or part-time jobs, and earning appropriate professional certifications (like the Chartered Accountant certificate in India).

For more information, you can visit our website.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.


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