Masters in accounting job prospects

I am planning to study masters in accounting from australia. I do not have any hardcore accounting background however have studied basic accounting in school and college. In addition i have over 5 years of work experience however all of it has been with the customer services industry. I am a bit sceptical about finding a job and what kind of jobs will I be able to get upon completion of this course. As this course is on the shortage occupations list in australia, my goal is to stay back in australia and work in the finance sector. What kind of jobs will I be able to get after this course and after a few years can I move towards investment banking ? Also, what other credits or subjects do I need to study to become a chartered accountant? Thanks …..
I am planning to study masters in accounting from australia. I do not have any hardcore accounting background however have studied basic accounting in school and college. In addition i have over 5 years of work experience however all of it has been with the customer services industry. I am a bit sceptical about finding a job and what kind of jobs will I be able to get upon completion of this course. As this course is on the shortage occupations list in australia, my goal is to stay back in australia and work in the finance sector. What kind of jobs will I be able to get after this course and after a few years can I move towards investment banking ? Also, what other credits or subjects do I need to study to become a chartered accountant in australia?

Answer
Getting a masters in accounting is a great idea. As far as what you need to become a chartered accountant, feel free to ask one of your professors when you start classes. It’s different in every country so it’s best to check with someone who holds that position in your own country. Remember accounting isn’t just keeping the books straight, it’s also being able to help the customer or client make decisions to make their financial matters more efficient; it’s not only about helping them out with their taxes but showing them a way to minimize taxes in upcoming years legally. I do happen to know that there is a general shortage of business professors. Many older professors are retiring and there’s a big age gap among these professors. At least here in the states that shortage has led to high starting salaries for professors in business, especially in accounting, so you may want to look into whether that’s the case in Australia as well. Basically accountants have a few options, go into taxes, into auditing, consulting, the private sector, and education. Have fun and good luck with your masters.