Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

How Professional Year Program Helps Accounting Graduates?

Author: Catherine Walsh
by Catherine Walsh
Posted: Dec 06, 2016

Australia is the third most preferred destination for international students to continue their higher education. Students can improve career prospects training on a quality education system in top-ranked universities. The Australian government has allotted $200 million scholarships to the deserving foreign students studying in the country. Additionally, overseas students find employment opportunities after completing graduation from universities.

Professional Year Program for International Graduates

Australia is a developed country with a sound economic growth. Consistent economic growth has produced enormous job opportunities in different sectors. But the country lacks skilled professionals needed to perform economic activities in industries. Engineering, accounting, and IT sectors are the worst affected as local graduates aren’t enough to meet the rising demand in these areas.

The Professional Year in Australia has been initiated to increase the supply of qualified and skilled workers to the local market. It has been designed for accounting, engineering, and IT graduates to impart training and make eligible for employment in the Australian workplace. Respective professional bodies of universities create this program with the approval of Department of Immigration and Border Protection (DIBP). It is an outstanding program for overseas graduates to get skill for the jobs and qualify for Permanent Residence visa earning five migration points.

Professional Year in Accounting

Accounting is one of the most sought after careers in the business world of today. Accountants are taking part in financial decision-making apart from creating annual reports these days. In fact, they work to interpret the numbers into with feasible financial strategies for the businesses. A qualified accountant can see the impending problems and take precautionary measures to avoid them. Hence businesses need qualified accountants to take care of financial problems and increase profits.

Accountants need to have experience, qualification, analytical reasoning ability, and skills to be successful in this profession. Fresh accounting graduates lack these qualities and face problems in getting jobs in the industry. Recruiters demand real work experience and knowledge besides qualification from the candidates. International graduates should join in the Professional Year in Accounting to get skills and to be eligible for the local market. It is formally known as Skilled Migration Internship Program – Accounting. The industry specific training module is created by CPA Australia, the Institute of Chartered Accountants in Australia, and the Institute of Public Accountants. The program consists of formal training and an accounting internship for 12-weeks with a local company to improve career prospects for the graduates.

Benefits of Joining the PY Accounting Program for Graduates:

  • Qualify for five migration points supporting PR
  • Learn work culture
  • Be ready for the Australian market
  • Learn teamwork, customer service, and official communication
  • Improve interview techniques
  • Add value to your CV
  • Get a Professional Year certificate
  • Become an official member of accounting body
  • Get job assistance after successful completion of the program

Benefits of Hiring Education Consultants

Australia has 1100 premier education institutions offering over 22000 courses in diverse fields. Selection of a career path and courses need to be done after prolong contemplation. It is better to consult with an education expert before making your decision. Indian education consultants offer guidance and help to clients to achieve their goals in life. Contact us to hire our education experts for assistance in starting a successful career in Australia.

About the Author

Catherine Walsh is a content writer at Splashsys Webtech. She loves writing about information technology, fiction, and search engine marketing information. In the free time, she loves exploring the internet to dig out interesting facts and ideas.

Rate this Article
Leave a Comment
Author Thumbnail
Please or Join to add a comment.
Author: Catherine Walsh

Catherine Walsh

New Zealand

Member since: Nov 03, 2014
Published articles: 153

Related Articles