Ultimate Reasons for Studying Professional Year Accounting

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After graduating in the accounting field from an Australian educational institution, the international student becomes eligible for the Professional Year Accounting Program. With the help of this program, they can discover some great career opportunities in Australia.

The Professional Year (PY) Accounting program is designed for overseas students holding an Australian accounting degree as a pathway from universities to employment in Australia. It is a skill migration internship program promoted by the Department of Home Affairs to meet the skill shortage in Australia.

This program is developed by CPA Australia (Certified Practising Accountant), the Institute of Chartered Accountants (ICA) and the Institute of Public Accountants (IPA).



What is Professional Year Accounting Program?

The Professional Year (PY) accounting program is a 44-week program (32 weeks of learning and 12 weeks of internship) combining formal learning and workplace experience for freshly graduated overseas students in Australia.

This program will enhance the technical skills to secure a professional career in the Australian workforce. Moreover, after completing the program, the international students will gain 5 extra PR points on the Department of Home Affairs points test.

Ultimate Reasons

Some of the ultimate reasons for studying the PY accounting program are as follows.

  • Gain 5 extra migration PR points on the Department of Home Affairs points test.
  • Accounting graduates must fulfil the skills assessment.
  • Highlight résumé with a certificate of completion from a recognized organisation.
  • Provide various employment options in and outside Australia.
  • Regular career guidance during and after completion of the course.
  • Understand the Australian workplace environment and culture.
  • Enhance accounting skills to excel in professional careers.
  • Receive Professional Year certificate.
  • Gain theoretical and practical knowledge.
  • Assist graduates to achieve excellent outcomes in the challenging accounting job market.
  • Get practical work experience from a reputed Australian company.
  • Grow a professional network with industry-relevant leaders, influencers and colleagues.

Eligibility Criteria

To enrol for the Professional Year accounting program, the international student must:

  • hold or apply for a subclass 485 (Temporary Graduate Visa) with a minimum year validity.
  • be under the age of 50.
  • possess academic qualifications and skills listed on the Skilled Occupation List (SOL).
  • holds an Australian accounting degree in the last 6 months with a minimum study of 2 years.
  • have proof of English language proficiency test results (PTE overall score of 65 or more in each module, IELTS overall score of 6 or equivalent in each module, etc.).
  • provide evidence of skills assessment from recognised accounting associations.

Summary

There are some of the ultimate reasons given above for studying the Professional Year accounting program, along with eligibility criteria. This PY program is highly beneficial for overseas students planning to complete graduation in Australia. The international students will improve their professional skills and knowledge to understand the Australian workplace environment & culture and increases their chances of becoming an Australian PR.

If one needs to figure out whom to contact, where and how to enrol for the PY program, one can contact Asia Pacific Group (APG). They are one of the most trusted and recognised education and migration service providers in Australia, India and the Philippines. Feel free to get in touch with them.

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