If you aspire to pursue a career in accounting and are looking for financial assistance to study abroad, you’re in the right place. In this comprehensive guide, we will highlight the top 10 international scholarships for students interested in accounting. These scholarships offer various forms of support, including fully funded opportunities, tuition waivers, internships, fellowships, and grants. Whether you are from a developing country, Africa, or elsewhere, these scholarships can make your accounting education dreams a reality.
Why Study Accounting Abroad?
Accountancy is a lucrative field that equips students with the knowledge and skills needed to become proficient account managers and record-keepers for businesses. In today’s world, the demand for accountants is on the rise, making it an attractive career option. However, the cost of education can be a significant barrier for many students. Scholarships provide a crucial financial lifeline for those pursuing an accounting degree.
1. MasterCard Worldwide Special Support Program
The United Negro College Fund offers the MasterCard Worldwide Special Support Program. This scholarship targets college sophomores or juniors studying business administration, finance, accounting, marketing, or information systems and technology. To be eligible, students must maintain a GPA of at least 3.0 and demonstrate financial need. The award amount ranges from $2,000 to $3,000, with varying application deadlines.
2. AICPA Scholarship for Minority Accounting Students
The American Institute of Certified Public Accountants (AICPA) sponsors this scholarship, designed for African American, Native American, Latino, or Asian American students majoring in accounting. Eligible applicants should be full-time students with a minimum of 30 credits, including at least six in accounting. A GPA of 3.3 or higher, a desire to become a CPA, and a record of leadership and volunteer experience are also required. The scholarship can award up to $5,000.
3. Pennsylvania Society of Public Accountants Scholarship
For full-time undergraduate students in Pennsylvania pursuing a major in accounting, the Pennsylvania Society of Public Accountants offers scholarships ranging from $1,000 to $2,000. Applicants must have completed at least 60 credits of their degree program, possess a GPA of 3.0 or higher, demonstrate strong leadership skills, engage in extracurricular activities, and show financial need.
4. University of Otago Master of Professional Accounting Scholarships for International Students
The University of Otago in New Zealand hosts this scholarship program for international students aspiring to obtain a Master’s degree in professional accounting. The scholarship is valued at NZ$10,000 and offers a unique opportunity to study accounting in one of New Zealand’s premier universities.
5. Richard E. Bangert Business Award
The Independent College of Washington presents the Richard E. Bangert Business Award, open to students attending ICW member institutions. It’s designed for rising undergraduate juniors or seniors majoring in business or related fields. Applicants must demonstrate financial need to be eligible for the $1,000 scholarship, with applications due by March 15 each year.
6. The MillerCoors National Scholarship
The Adelante US Educational Leadership Fund offers a $3,000 scholarship for college juniors or seniors majoring in business, marketing, economics, or communications. Eligible students must maintain a GPA of at least 3.0, be full-time students, and attend partnering institutions.
7. Frank L. Greathouse Government Accounting Scholarship
This $6,000 scholarship targets undergraduate or graduate students enrolled full-time in programs preparing them for careers in government finance. Applicants should be in the process of completing their junior year at the time of scholarship award and must submit a recommendation from their academic advisor or the chair of the accounting program.
8. AICPA/Accountemps Student Scholarship
This scholarship is exclusively for American Institute of Certified Public Accountants (AICPA) student affiliate members majoring in accounting, finance, or information systems. Applicants should maintain a GPA of 3.0 or higher, be enrolled full-time as undergraduate or graduate students, and have completed at least 30 semester hours, including six in accounting. Five scholarships of $2,500 each are awarded annually.
9. Fukunaga Scholarship Foundation
Hawaii residents majoring in business administration or other business-related fields can apply for this scholarship. Applicants must attend an accredited four-year institution to be eligible. The scholarship offers annual awards of $4,000, with the potential for renewal for up to four years.
10. Ford Motor Company Tribal Scholarship
This $3,000 scholarship is intended for students planning to major in math, business, science, engineering, teacher training, or environmental science. Eligible applicants should maintain a GPA of at least 3.0, demonstrate leadership, a commitment to the American Indian community, and preferably attend a Michigan tribal college. Students must also have American Indian, Alaskan Native, or Hawaiian Native heritage.
Top Universities Offering Accounting Scholarships for International Students
If you’re considering pursuing accounting at the university level, it’s essential to know which institutions offer relevant scholarships. Here are some top universities around the world known for providing accounting scholarships to international students:
- The University of Texas, San Antonio, College of Business.
- The University of Illinois, Urbana-Champaign College of Business.
- Brigham Young University, Marriot School.
- The University of Pennsylvania, Wharton School of Business.
- Indiana University, Kelly School of Business.
- The University of Notre Dame, Mendoza College of Business.
- University of Michigan, Ann Arbor, Ross School of Business.
- Stanford University, Graduate School of Business.
- The University of Southern California, Leventhal School of Accounting.
- University of Sydney, Australia.
- The University of Manchester.
- The University of Toronto.
- London School of Economics.
- New York University.
