Employment opportunities in Hong Kong for postgraduate students of accountancy continue to remain strong, despite the current European financial crisis and low growth rates in other countries of the developed world.
Hong Kong's relationship with China is one of the main reasons that graduates with a master's in accountancy remain highly sought after. China's ongoing high growth rates have resulted in the creation of greater opportunities for employment in service sectors such as wealth management, investment, finance, banking, and insurance.
'The market outlook for the accounting industry in Hong Kong is continuing to be positive, due to factors such as the large number of IPOs on the mainland and Hong Kong, the growing use of international accounting standards in China, and rising business opportunities in East Asia attracting more international accounting firms to have a presence in Hong Kong,' says Dr Ben-Hsien Bao, programme director at the Graduate School of Business at the Hong Kong Polytechnic University (PolyU).
'As a result, our graduates are able to work for one of the Big 4 accounting firms or other CPA firms as senior accountants, managers or partners; as mid-level or senior-level managers in accounting or related fields at various organisations,' he adds.
PolyU offers a master's of science in accountancy that aims to help students update their basic knowledge of accounting, connect more closely with relevant contemporary theories in accounting practice, and further develop their analytical and decision-making skills.
'Our programme benefits students by providing them with opportunities to acquire relevant and updated accounting knowledge and skills, to develop a professional network within their field, and enable them to perform their work more efficiently and effectively in order to obtain future career advancement,' explains Bao.
