Bachelor of Accounting in Canada is offered as a specialization for two degrees, Bachelor in Commerce and Bachelor of Business Administration. The subjects and syllabus of the program depends upon the credits offered, spanning around 4 years. Indian students seeking admission to the program need a higher secondary certificate or equivalent. The top accounting universities in Canada require a minimum aggregate of 70% or above in CBSE or an equivalent exam. For admission to the program, international applicants must demonstrate an IELTS score of 6.5 with 6.0 in each section.
The average tuition fee for Bachelor of Accounting in Canada ranges between 16,500 to 47,000 CAD (~ INR 10.03 to 28.5 lakhs). Bachelor of Accounting in Canada has a high return on investment. Graduates with a Bachelor of Accountancy degree typically earn an average salary of 65,000 CAD (39.24 lakhs INR) per annum. Deloitte, PwC, RBC Financial Group are some of the top recruiters employing Bachelor of Accounting graduates in Canada.
Explore: High Paying Jobs in Canada
Highlights
Courses Available | Bachelor in Commerce (Accounting) | Bachelor of Business Administration |
Course Type | Full Time |
Program Duration | 3-4 years |
Eligibility Criteria | 70% or above in Higher Secondary |
English proficiency Requirements | IELTS: 6.5 overall (6.0 in every band) or equivalent |
Tuition Fees Range | 16,500 to 47,000 CAD (~ INR 10.03 to 28.5 lakhs) |
Average Annual Salary | 65,000 CAD (39.24 lakhs INR) |
Top Recruiters | Deloitte LLP, RBC Financial Group, PwC, Home Trust Company, Manulife Financial, Molson Coors Canada, Nestle Purina Petcare |
Top Universities for Bachelor of Accounting in Canada
Below mentioned are the upcoming deadlines for accounting-related courses across top 9 universities in Canada as per their respective school:
University | Program | Application Deadline | Annual Tuition Fees (CAD) |
---|---|---|---|
University of Toronto | Bachelor of Commerce in Accounting Specialist | May 1, 2023 | 60,000 |
University of British Columbia | Bachelor of Commerce | January 15, 2023 | 22,000 |
University of Alberta | Bachelor of Commerce in Accounting | Fall: April 1, 2023 | Winter: September 1, 2023 | 37,842 |
McMaster University | Bachelor of Commerce | Fall: January 12, 2023 | Supplementary Admission: February 1, 2023 | 31,000 |
University of Waterloo | Bachelor of Accounting and Financial Management | February 1, 2023 | 44,000 to 48,000 |
University of Calgary | Bachelor of Commerce | Fall: April 15, 2023 | 29,000 |
Queen’s University at Kingston | Bachelor of Commerce | February 1, 2023 | 19,000 |
Dalhousie University | Bachelor of Commerce | April 1, 2023 | 16,500 |
University of Ottawa | Bachelor of Commerce Accounting | April 30, 2023 | 47,000 |
Why Study Bachelor of Accounting in Canada?
- Bachelor of Accounting in Canada is offered by several renowned universities ranked within top 300 in QS World Rankings, 2023.
- Students planning to pursue the course can do it at much lesser costs in Canada in comparison to countries like UK and Canada.
- Canada is a country with high immigration capacity and a plethora of job opportunities across the Business and Accounting sector. Students have a higher chance of availing Canada PR as compared to countries like Canada.
- Accounting services industry in Canada is experiencing an annual change of 8.9%. This will boost the job opportunities for international students in this field.
Bachelor of Accounting in Canada Admissions
The top universities in Canada offer Bachelor of Accounting admissions in Fall and Winter terms. A summer intake is offered by a few universities with a limited number of seats. Students with a HSC or equivalent degree and a minimum overall aggregate of 60-85% are encouraged to apply to the program.
Bachelor of Accounting in Canada Eligibility
For admission to Bachelor of Accounting in Canada, international students need a competitive score in higher secondary certificate or equivalent. The admission requirements of the program are as follows:
- GPA: Overall minimum aggregate of 60-85% (Differs across universities)
- English Proficiency: Minimum IELTS score of 6.5 overall with 6.0 band scores
- Statement of Purpose: SOP for Canada (600 to 700 words)
- Resume: An updated CV or Resume is required at some universities
- Financial Documentation: Students must demonstrate proof of financial availability to pursue the program
Check: Exams to Study in Canada
Bachelor of Accounting in Canada Admission Requirements
Universities do not budge in their specifics, so the student applying must have the following essentials before applying to their preferential university:
University | Degree/ GPA Requirements | Minimum IELTS Score |
---|---|---|
University of Toronto | Average of 73% in prerequisite course | Priority for students with single-attempt marks | 6.5 overall (no band below 6.0) |
University of British Columbia | B2 CBSE grade (61-80%) | 6.5 overall (no band below 6.5) |
University of Alberta | Minimum cumulative GPA of 3.5 out of 4.0 (89-90%) | 6.5 with 6.0 in each band |
McMaster University | No minimum requirement | 6.5 overall (no band below 6.5) |
University of Waterloo | 85% overall | 6.5 overall |
University of Calgary | No minimum requirement | 6.5 overall |
Queen’s University at Kingston | English and Mathematics in Standard XII with 80% | 6.5 overall |
Dalhousie University | 75% overall | 6.5 (no band less than 6.0) |
University of Ottawa | 70% or Grade B | Mathematics courses in Higher Secondary Education | Statement of Purpose | Resume/ CV | Financial Documentation | 6.5 overall | French Proficiency |
Bachelor of Accounting in Canada Fees
The tuition fees of studying Bachelor in Commerce/ Business Administration across the top universities of Canada is mentioned below:
University | Annual Fees (CAD) | Fees for Indian Students (in INR) |
---|---|---|
University of Toronto | 60,000 | 36.4 lakhs |
University of British Columbia | 22,000 | 13.5 lakhs |
University of Alberta | 37,842 | Program-based model |
McMaster University | 31,000 | 19 lakhs |
University of Waterloo | 44,000 to 48,000 | 27 to 29 lakhs |
University of Calgary | 29,000 | 17.65 lakhs |
Queen’s University at Kingston | 19,000 | 11.7 lakhs |
Dalhousie University | 16,500 | 10 lakhs |
University of Ottawa | 47,000 | 28.7 lakhs |
Also Check: Cost of Studying in Canada
Cost of Living in Canada
To organize the finances strategically, students must have a basic idea of expected expenses in Canada. The average cost of living in Canada for an international student :
Particulars | Annual Cost (CAD) | Expenses (in INR) |
---|---|---|
On-campus Accommodation (some even have meal plans) | 3,000 to 8,000 | 1.8 to 5.07 lakhs |
Private Renting | 896 to 2,000 | 54,000 to 1.2 lakhs |
Homestay | 397 to 797 | 24,000 to 0.48 lakhs |
Electricity, water, heating and cooling | 175 | 10,000 |
Public Transportation (per month) | 89 | 5,000 |
Gym Membership | 21 to 99 | 1,000 – 6,000 |
Eating out at a restaurant | 14 to 29 | 1,000 – 2,000 |
Movie | 12 to 20 | 1,000 |
Bachelor of Accounting in Canada Scholarships
International students pursuing undergraduate programs in Canada often require financial assistance to fund their education. The universities and various organizations offer several scholarships for international students in Canada providing up to full tuition expenses. Some of the popular scholarships to study Bachelor of Accounting in Canada are provided here:
Scholarship | Eligibility | Award Details |
---|---|---|
University of Toronto Scholars Program | Outstanding students taking admission or ongoing studies considered based on their average during admission | 7,500 CAD |
UBC International Major Entrance Scholarship | International students coming from a secondary school | Applying by January 15 | Variable amount based on fund availability |
University of Waterloo International Student Entrance Scholarship | International students with 90% average | Admission Information Form (AIF) and Euclid Math Contest results (Mathematics students only) | 10,000 CAD |
University of Calgary International Entrance Award | Undergraduate international students entering in Fall | GPA of 2.6 out of 4.0 (79-80%) | 20,000 CAD |
University of Ottawa President’s Scholarship for International Students | Undergraduate students with 92% or higher admission average | 30,000 CAD |
Bachelor of Accounting in Canada Placements
Students pursuing accounting usually end up taking successful jobs as accountants for various firms and top MNCs. Others go for higher education or pursue other professional degrees in Medicine, Law, Education, Veterinary Medicine among others.
Explore: High Paying Jobs in Canada
The average salary for a Bachelor of Business Administration & Accounting and a Bachelor of Commerce is 65,000 CAD (39.24 lakhs INR) per year according to Payscale. Following is the salary range for some common designations:
Professions | Annual Salary (CAD) | Salary Equivalent for Indian Students (in INR) |
---|---|---|
Financial Controller | 64,500 | 39 lakhs |
Accountant | 51,000 | 30.84 lakhs |
Senior Accountant | 65,000 | 39.31 lakhs |
Finance Controller | 82,000 | 49.59 lakhs |
Financial Analyst | 64,000 | 38.70 lakhs |
Staff Accountant | 65,000 | 39.31 lakhs |
Accounting Manager | 69,000 | 41.73 lakhs |
Assistant Controller | 69,000 | 41.73 lakhs |
Also Check: Part Time Jobs in Canada
Students can also gain work experience by exploring their career interests as they evolve. Some of the top employers of Bachelor of Accounting in Canada are PwC, Deloitte LLP, RBC Financial Group, Home Trust Company, Manulife Financial, Molson Coors Canada, Nestle Purina Petcare among others.
Bachelor of Accounting in Canada Subjects
The syllabus for the Bachelor of Accounting includes subjects focused on Accounts, Finance and related streams. Students can choose from the following subjects:
- Advanced Financial Accounting
- Financial Accounting
- Advanced Corporate Accounting
- Elements of Operations Research
Note: These are only a few among various subjects offered to the international students.
Bachelor of Accounting in Canada: Return on Investments
A comparison between the annual tuition fees for Bachelor of Accounting at top universities in Canada and their graduate salaries are provided below:
University | Annual Fees (CAD) | Average Salary (CAD) |
---|---|---|
University of Toronto | 60,000 | 69,000 |
University of British Columbia | 22,000 | 51,000 |
University of Alberta | 37,842 | 53,700 |
Queen’s University at Kingston | 19,000 | 65,000 |
Dalhousie University | 16,500 | 58,000 |
University of Ottawa | 47,000 | 50,000 |
Know More: Rising Job Vacancies in Canada
Canada Work Permit
Students getting employed in Canada must possess an employer-specific work permit. To apply, students must have a copy of the employment contract, a copy of the labor market impact assessment (LMIA), and an offer of employment number. And then, they can apply online for a work permit with an application fee of 155 CAD (9,373 INR).
Check: Post Graduation Work Permit in Canada
Canada is among the best places to pursue Bachelor of Accounting as it provides substantial returns and excellent placement options. The chances of securing admission to the top universities in Canada are high for students satisfying application requirements, as the universities have generous acceptance rates.
FAQs
Ques. What are the English language requirements for pursuing a Bachelor of Accounting in Canada?
Ans. Students who wish to pursue a Bachelor of Accounting in Canada must have a minimum IELTS score of 6.5 overall with and scores of 6.0 or equivalent.
Ques. What is the cost of studying for a Bachelor of Accounting in Canada?
Ans. The cost of pursuing a Bachelor of Accounting in Canada ranges around 16,500 to 47,000 AUD (9 to 30 lakhs INR) per annum.
Ques. Who are the top employers of Bachelor of Accounting graduates in Canada?
Ans. Some top employers who hire Bachelor of Accounting graduates in Canada are PwC, Home Trust Company, RBC Financial Group, Deloitte LLP, Molson Coors Canada, Manulife Financial, Nestle Purina Petcare among various others.
Ques. What are the job roles pursued by Bachelor of Accounting graduates in Canada?
Ans. After completing a Bachelor of Accounting in Canada, career opportunities are as an accountant, financial controller, finance director, financial analyst, chief financial officer, among others.
Ques. How much salary is offered after completing the Bachelor of Accounting in Canada?
Ans. The average salary of the Bachelor of Business Administration/ Commerce graduates is 65,000 CAD (39.24 lakhs INR) per year, as per Payscale.