3 Best Industries for Masters of Accounting Graduates



Are you considering a Master of Accounting (MAcc)? A MACc is a great way to jumpstart your career, as graduates are hired in a wide variety of industries.

Enrolling in a high-level MAcc program like the Master of Accounting at the University of Hong Kong (HKU) School of Business will open up opportunities beyond the traditional roles of the accounting industry. You will gain knowledge and acquire a diverse set of skills that can make you attractive to a wide range of recruiters.

Here are three of the best industries for Master of Accounting graduates.

Technology: Jobs for Technology Accounting Graduates

Technology is one of the most popular industries for business school graduates, and recruiters love to hire from the business school talent pool.

This includes accounting; According to the Graduate Management Admission Council (GMAC), 44% of recruiters planned to hire MAcc graduates in 2021.

Recruiters appreciate the range of skills you acquire during a Masters in Accounting. At HKU, the core curriculum of the program includes modules on economics, data and analytics, as well as corporate governance and social responsibility (CSR).

Acquiring expertise in these areas could open up opportunities such as joining the internal accounting department of a technology company. Students in the HKU Accounting Masters class of 2021 joined tech companies such as Huawei after graduation.

Alternatively, you can use your skills to launch a career in fintech. The HKU Master of Accounting includes a range of elective courses and a final course allowing students to specialize in an Accounting, Fintech and Innovation stream.

“This course enables students to gain a deeper understanding of the transformation of the accounting industry, focusing on new technologies for data analysis and upcoming financial technology,” said the program director, the teacher Kai Wai Hui. (Photo).

Whether it is implementing your financial skills in financial technology or as an accountant for a technology company, you will find plenty of opportunities in technology after earning your Masters in Accounting.

Investment banking: jobs for finance accounting graduates

With such a focus on financial literacy, it’s no surprise that investment banks are hiring MAcc graduates. Along with accounting, finance is the number one recruiting area for accounting graduates; 69% of companies planned to hire MAcc graduates in 2021, according to GMAC.

Among the most recent promotions for HKU’s Masters of Accounting, some of the biggest recruiting firms included top Chinese investment banks such as China International Capital Corporation (CICC) and Hai Tong.

While students who wish to launch a career in investment banking benefit from the finance-focused program, they are also excited by the program’s location in Hong Kong. The Finance Institute ranks Hong Kong as the best city in Asia for careers in investment banking and one of the best in the world.

About a third of HKU Master of Accounting students stay in Hong Kong after graduation. To help them land positions in the city’s investment banking sector, HKU’s Career Department provides guidance to students, including one-on-one coaching, career development workshops, career fairs and guest speaker sessions with alumni and industry leaders.

“Our students enjoy strong professional support to ensure a competitive advantage in the market,” explains Professor Wai Hui.

Students also have the option of immersing themselves in Hong Kong’s financial industry during the full-time internship periods over the summer, or part-time alongside the course. About a third of the students took this opportunity and completed an internship this year.

Accounting: Jobs for Accounting Graduates with the Big Four

Of course, enrolling in a Master of Accounting also opens up a range of opportunities in the accounting industry.

The largest joint recruitment industry for MAcc graduates, accounting firms, including the big four of PwC, Deloitte, KPMG and EY, offer a variety of roles. These range from auditing and taxation to analysis and accounting.

The HKU program ensures that students have the skills and expertise necessary to excel in these careers.

The program begins with a boot camp, ensuring that all students have the economic and statistical knowledge necessary to complete the course. Then, core modules in advanced financial accounting, tax planning and planning, and auditing and business services prepare students for the plethora of roles available in the accounting industry.

For those focusing on accounting careers, the Managerial Decision-Making and Corporate Governance stream offers management accounting expertise designed to prepare students for the roles of management accounting and CFO. For the Financial Reports and Valuation component, the final synthesis course also offers a specialization in valuation and fundamental analysis where students can further develop their expertise in financial accounting.

The quality of the program is recognized by the Big Four, which are among the largest recruiters of HKU Master of Accounting graduates. Students are also supported in obtaining these roles through the program’s close links with industry.

“We have an exclusive partnership with the global body of the accounting profession ACCA and KPMG,” explains Professor Wai Hui, “this offers students the opportunity to gain academic and practical knowledge within the industry. ”

While many students who enroll in a master’s degree in accounting are looking to pursue a career in the industry, your plan may change over the course of your degree, or you may decide to use your accounting skills across industries after you graduate. ‘graduation.

Pursuing a high-level MACc program ensures that no matter what decision you make when you exit the program, you will have a wide range of options to choose from.



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