STATEMENT OF PURPOSE

Why I decided to go for an international institution in Australia rather than to pursue my

further education from India or any other abroad country?

Considering India as my first option for my higher studies I searched various premier institutions
and courses offered in them for pursuing higher education in the field of accounting and
commerce including:

 Christ (Deemed to Be University) (www.christuniversity.in)-Bangalore:-

o Course:-Master of Commerce, Selection criteria:-Skill assessment, Personal
Interview and Academic Performance
 Mount Carmel College (www.mountcarmelcollegeblr.co.in)-Bangalore:-
o Course:-Master of Commerce, Selection criteria:-Based on Merit List
 St. Xavier College (Autonomous) (College with Potential for Excellence 2006 and
College of Excellence 2014) (www.sxccal.edu), Kolkata:-
o Course:-Master of Commerce (Specialisation in Accounting and
Finance),selection criteria:-Based on Admission test
 Institute of Business Studies and Research (www.ibsar.ac.in)-Navi Mumbai: -
o Course:-Master of Commerce, selection criteria:-Graduate degree and a valid
score in either of these exams:-CAT/XAT/MAT/GMAT or ATMA
 Jain University (www.jainuniversity.ac.in)Bangalore:-
o Course:-Master of Commerce (with specialisation in either of these areas:-
Financial Analysis with KPMG International Accounting Practices or Financial
Analysis), selection criteria-based on PGCET/KMAT or Jain Entrance
 Lovely Professional University (www.lpu.in):-
o Course:-Master of Commerce (Specialisation is offered in Accounting),
selection criteria:-Based on Merit list in qualifying exam.

After assessing these parameters: - Limited seats availability, Requirements for Admission,
Selection Criteria and Caste Based Reservation Policies I came to notice that it is quite a
harder task for me to ascertain admission in these.

I preferred these institutions in India because of their reputation, industrial trainings and
after getting graduated placements options in top companies of India.

So, the best option for me to pursue my higher studies in field of accounting, an abroad
qualification would be a lenient option to enrolled in (an international qualification one has to just
satisfy the essential academic and English Language requirements) and to acquire a competent
skill set that would enables me for availing best opportunities in top MNCs.

Among international education providers Australia, Canada, USA and UK are most renowned
countries who are home to various top ranked universities and offer a best class education and
non-replaceable lifestyle.

Considering USA, UK and Canada to study at, I explored following Universities and courses:-

 Butler University(USA)(www.butler.edu):-
 Course offered:-Master of Professional Accounting.
 Duration of course and admission requirements are major concerns to get enrolled in this
University.
  Rady School of Management (University of California San Diego)
(www.rady.ucsd.edu) (USA):-
 Course offered:-Master of professional Accountancy
 Intake is available for 2019, so is the reason behind not choosing this option.

 Coventry University(UK)(www.coventry.ac.uk):-
 Course Offered:-MSc Professional Accounting
 Entry requirements for the course are the reason for not opting this course.

Another major concern to pursue education in USA or UK is costs associated with allied
qualifications and living arrangements.

 University of Saskatchewan (Edwards School of Business) ( www.usask.ca):-

 Course offered: - Master of Professional Accounting
 Admission requirements (Adequate Knowledge of Canadian accounting, auditing and tax
and English language proficiency) are quite stringent to get enrolled in this University.
 Brock University(Goodman School of University)(www.brocku.ca):-
 Course Offered:-Master of Professional Accounting(ISP)
 Admission requirements are (Four Year bachelor Degree and an IELTS score of
6.5(overall) with no band less than 6.00) not compatible according to my profile.

Moreover, while considering Canada to pursue my study I noticed that it is one of the renowned
destination for me to pursue my further education at because of its research oriented education
and best place to live in because of its multi-lingual society along with lower costs as compared to
USA and UK but when I considered weather conditions I found that Canadian climatic conditions
are not compatible for one who belongs to a country where moderate climatic conditions prevails.

In recent past years the count of students who are opting Australia for higher studies has shown
an unusual hike. On exploring about Australia I Noticed following facts about it:

Because of its vibrant and varied cultural settings and friendly natives Australia is offering a
companionable society to live in. Australia is housing universities which are holding positions
among top universities of world. Australia offers a diverse range of courses to international
students at various universities. Most of the courses and trainings offered to international students
are regulated by Australian Qualification Framework (AQF) and Education services for
Overseas Students (ESOS), systems for regulating education policies authorized by Australian
Government. Education provided in Australia is integrating the intensive research and industrial
practices and thus able to transform one’s abilities into actual working skills. Australian
qualifications are acceptable and recognized all over the world.

Australia is offering world class living facilities in considerably lower cost. A number of
scholarships are offered to international students by Australian Governments and Universities
to help them out with their living expenses. Also working permissions while on student visa help
them further to manage their expense without any worry.

Australia is providing an ample space for research and innovation and provides an opportunity
for students to carry out their own projects which might results into something beneficial for the
society.
Also the weather of Australia is similar to my home country and thus offers an easy settlement.

Thus, because of its Multi cultural societyglobal reputation in the field of research and
education, Quality of education, world class infrastructural and educational resources,
working opportunities while on study visa and post study working permissions and
suitable climate, Australia is best option to pursue higher studies at.

Reason to choose Southern Cross University:

I have decided with the best thought of doing my Masters of professional Accountingfrom a
reputed in university/college which would give me not only a degree but also a new style of
learning with international standards, innovative methods of self-development skills and the ability
of survival among the fittest. And I searched on different University/ Colleges and found Southern
Cross University as most suitable for me.  While searching on Southern Cross University also
searched about other institutes who are offering Masters of professional accounting and compared
all of them. I found below listed universities:

Name of University Website

College

Flinders University www.flinders.edu.au

University of www.uow.edu.au
Wollongong

Curtin University

www.curtin.edu.au/

Murdoch www.murdoch.edu.au
University

University of www.adelaide.edu.au
Adelaide

Southern Cross www.scu.edu.au

University

Fee difference is not substantial when I compare my course package with others. I found their
course contents are nearly the same with higher price. So, I decided to study at Southern Cross
University as it is one of the affordable Universities with an excellent education and all the basic
facilities in the city like transportation services etc. It is offering Masters of professional accounting
course with much better facilities and services. In addition to this there are other reasons to
choose Bachelor of Business at Southern Cross University are:

 Professional recognition:- TheMPA major is accredited by Chartered Accountants of

Australia and New Zealand and CPA Australia. Students may apply for membership of
the Institute of Public Accountants.

The Finance major is aligned with the Australian Securities and Investments Commission
(ASIC) RG146 accreditation requirements and Southern Cross University provides
authorised assessment for certification.
  Ranking: Southern Cross University has risen strongly in Times Higher Education
World University Rankings in 2018 and is now recognized among the top 500
universities in the world.It is ranked among the top 5 most affordable universities in
Australia. SCU has the 3rd lowest international tuition fees for business and 4th lowest for
arts.

 International Student Support:- SCU International is committed to assisting international

students and have been recognised for their outstanding support in the International
Student Barometer (ISB).

 Culture, sport and recreation: - It offers a wide range of sporting, recreational and cultural
activities, with something for everyone. To keep up to date on the latest UniLife news,
events, opportunities, clubs and programs please ‘like’ UniLife on Facebook.

 Teaching methods: - On-campus I will experience a variety of teaching approaches

including lectures, tutorials, online activities and podcast virtual classes. The method of
teaching may vary from unit to unit. Lectures may be streamed live or pre-recorded; either
way students can download a recording at their convenience. Each week, I can progress
my learning by following activities, readings and case studies laid out, step-by-step, in a
website for each unit.

 Equipment and facilities: - Southern Cross University provides students with modern well-
equipped teaching spaces such as lecture theatres, classrooms, and studios or laboratories
tailored to meet the needs of specific study disciplines. Contemporary audio-visual
equipment is standard in most teaching venues, and students have access to computer
labs for individual study purposes.

 Professional placement: Students may choose, as electives, one or two double-weighted

internship units. Internships provide invaluable experience and professional networking
opportunities. 

 Campus Location: - My selected campus is located on Hay Street in the central business
district in East Perth. My campus is well serviced by buses, trains and ferries. Moreover, I
am aware about the Mike card that would help me to travel through local transportation.

Consequently, discovering Southern Cross University much reasonable and in addition the quality
instruction SCU gives, I surely understood that it at top and thus the choice to run with SCU is very
good for me.

Study location:-

Melbourne is Australia’s biggest University City and one of the renowned study abroad
destinations globally. Also it holds position among most liveable cities in Australia as well as
World. It houses varied cultural society offering a best culture to live in.

Climate of Melbourne city is moderate similar to my home country because of its exposure to
southern oceans. Living expenses of Melbourne city are also lower as compared to Sydney and
Darwin cities (www.studentcities.com.au) offering cheap and efficient public transport along with a
range of entertainment options.

After Sydney, Melbourne is major financial hub for Australia and thus having a strong job market
with an ample of working opportunities for students to work under obligations of student visa
conditions.

Course structure of Master of Professional Accounting at Southern cross university SCU)-

Melbourne:-

The course structure comprises of diverse aspects of accounting and finance. The program has
been designed to develop and enhance the accounting and financial management skills to
function efficiently within the private businesses and public agencies while working in areas of
auditing, taxation and corporate governance.

The study related to research oriented methods for business will impart enough competence and
confidence to an individual for working in world of accounting and finance.

Thus the course is perfect blend of subjects to transform an individual’s abilities to Accounting,
Taxation and Auditing working skills.

Year 1 Subjects(Semester 1):

 Accounting Concepts and Practices

 Information Systems; Design and Development for Accountants
 Business Economics
 Commercial Law

Year 1 Subjects (Semester 2):

1. Research and Statistical Methods for Business

2. Corporate Accounting
3. Cost and Management Accounting
4. Corporate Law

Year 2 Subjects(Semester 1):

1. Financial Accounting
2. Auditing and Assurance Services
3. Financial Management
4. Taxation, Law and Practice

Year 2 Subjects (Semester 2):

1. Business, Society and The Planet

And
2. Three Business electives

Learning Outcomes of Master of Professional Accounting:-

After completing Master of Professional Accounting,I can efficiently perform in following areas:

 Performing various accounting techniques to offer solution for issues encountered

in actual workplace.
 Effectively perform Taxation and Auditing tasks.
 Effectively design and develop IT systems for accountants.
 Can advise solutions for financial issues
 Can propose most effective business ideas, in the same time considering its impact
on society and planet.
Academic relevance to the course of Master of Professional Accounting with my previous
studies and work profile:-

In my previous qualification (Bachelor of Commerce) I have studied the subjects; Accounting,

Economics, Auditing, Taxation studies and Business studies. After completing my under-
graduation I worked as an accountant at Modulex Technologies. Hence to pursue qualification in
accounting domain for further studies is quite relevant to my previous studies and work history.

Scope of accounting in India and my future prospects in same field(In India and Abroad):-

Indian economy has emerged as the fastest growing major economy according to Central
Statistics Organisation (CSO) and International Monetary Fund (IMF) and is expected to be
one of the three economic powers of the world in coming decade, a consequence of its democracy
and partnerships. Being one of the fastest growing economies in the world Indian economy is
responsible for expansion of existing financial services sector and engagement of new
financial entities in India including: Commercial banks, insurance companies, non-banking
financial companies, mutual funds and smaller financial entities.

FDI inflows has reached US$208.99 billion during the period of 2014-2017( a result of 100%
FDI reform) with major contribution in fields of computer software and hardware, construction,
telecommunications and trading. It is expected that e-commerce market would grow from
US$200 billion by 2026 from US$38.5 billion (a result of increasing smart phone and
internet penetration).

Indian banking sector has also shown a growth in Bank credit various reforms in banking
including; bank recapitalisation, QIP (Qualified institutional Placements), credit availability
of to micro, small and medium enterprises. Banks including; HDFC, ICICI and AXIS are also
developing their banking systems for more efficient banking solutions.

GST reform implemented by Indian government has led to increase in tax payers and thus has
facilitated the creation of working opportunities for accounting and taxation professionals.
(www.ibef.org).

In nutshell after assessing all parameters (development of businesses, inclusion of new financial
organisations and development of existing one anddevelopment of e-commerce platform, GST
reform and easy foreign investment policies) related to Indian economy,the Indian economy is
expected to be growing in vast dimensions in coming decades. This has facilitated the creation of
working opportunities for professionals engage in accounting, audit and taxation as every small
size to larger organisation would seek most efficient individuals to present best solutions for their
financial needs.

After gaining handsome experience in accounting domain, the best part to pursue further career in
the same field would be at an abroad destination.

Job roles to work in accounting, auditing, finance and taxationwith above said qualification domain
are:

 Financial Analyst
 Accountant
 Compliance Officer
 Accounting Head
 Taxation accountant
  Auditor
 Accounting Manager(Trainee)

The salary packages for respective job roles are ranging from 60,000AUD to 72,000AUD per
annum and an enormous hike in perks with increasing experience. Thus with the above said
qualifications I can expect better job opportunities in India and abroad for working in accounting,
taxation and auditing.
Student Visa Conditions:

While my stay in Australia for my entire study period I will meet all student visa conditions
proposed by DIBP stated below:

 I can't work more than 40 hours per fortnight while my study period and I can't start working
until my course of study commences.

 I must maintain my OHSC for entire duration of study of period in Australia.

 I must notify my address to my education provider within seven days of my arrival in

Australia and any change in my address within seven days of change and also any change
in education provider within seven days of receiving the electronic confirmation of
enrolment certificate.

 I must continue to satisfy all the requirements for grant of my student visa.

 I would have to maintain 80% of my attendance during my studies.

Conclusion

My ultimate aim is to become a successful business professional. I believe knowledge of Accounts

and business is must for any successful businessman. I trust that my effort, laborious entity will
enable me to get success in this competitive world. With sufficient finical resources, I can well
afford my education in Australia & achieve the aim of getting good professional education leading
to good career opportunities and growth. I am confident to give marvellous results to my parent
which they deserve to get in return of their valuable investment on me. I hope you could
understand the importance of overseas qualification for me and will give me opportunity to explore
the work.

Hope for prompt and positive response for my Student Visa Application.

Warm Regards

Amit Pal Singh