IDECES Study Abroad

Master of Business Accounting Sample SOP

Source: IDEC Student (THA21ANI) 

I am Applicant Name, a young, energetic, dedicated and determined student targeting my aim  with a full sense of responsibility. I am a resident of …………., Nepal and was born on ………… 19XX as a first child to my parents. My family has always been an inspiration to me and guided  me along the path of my career. Having been blessed with such a supportive family, I have  decided to seek further education and a career in the field of accounting and pursue my dream of  holding an international degree by getting enrolled in University name, Sydney, Australia to  study Masters in Business (Accounting). 

I have completed my schooling from …………….. School………. in the year 20XX with XX%.  After that, I joined an intermediate level in ……………. Higher Secondary School in the  …………stream. Later, I could not grow interested in the subject and realized that I am not a  science person. However, I gave my best and completed an intermediate level in 20XX securing  XX%. Then I changed my faculty and joined BBA with major finance in …………………. International College, affiliated to …………. University and completed the program in 20XX 

with XX CGPA. During the BBA program that consists of four years course with a total of eight  semesters, I got an opportunity to work as an intern in ………………….Bank ., ………, as a  partial fulfillment and requirement of the course for the period of 2 months. The internship  helped me to have a close insight into the practical knowledge of the workplace. As soon as I  completed the bachelor level, I prepared for IELTS and took the IELTS exam on ………….. 20XX and scored an overall band score of ………… with listening ……….., reading …………, 

writing …….and speaking ……….. 

There are varied reasons that influenced me to choose Australia as my education destination.  Besides its friendly, laid-back nature and an excellent education system, the fact that schools and  employees all over the world recognize degrees from Australian schools encouraged me to  choose Australia. Australia is currently the third most popular destination for international  students, behind the US and UK. The Australian education system is carefully regulated by the  Australian government in order to maintain a high standard of education. Even though Australia  is among the country with the highest living standard in the world, living expenses and tuition  costs are considerably lower here in comparison to the US and UK. Australia also provides  international students the facility to work part-time while they study, allowing them to make up  for their living costs, which I consider is the most significant privilege to international students.  One of the most appealing aspects of the country for international students is the country’s  impressive technology and research resources of which students can take advantage of, as well as  the availability of a large number of choices of universities and schools, which provide  qualitative, practical and future-oriented education. My reasons for not choosing other countries  like the USA, UK and Canada are quite clear. In US the tuition fee is very costly, even some  Americans choose to study in other countries because of the sky-high tuition rates and most of  the US colleges require GRE/GMAT scores for admission, which are quite competitive and time consuming. Whereas, in Canada to get used to and adjusted in its cold weather can be a bit of a  problem for international students. Likewise, in the UK the cost of living is relatively higher as  well as public transport becomes quite pricey for international students. In contrast, Australia is  in every way a suitable destination for education, either be it in terms of tuition fees, climate or  the cost of living. The specification of the standards for education qualification is done via the 

Australian Qualifications Framework (AQF). Australia follows ESOS (Education Services for  Overseas Student) Act 2000 which ensures that students have access to tuition assurance which  also includes an element like tuition protection services where the fees I have collected are safe  and secured. So, everything here is legalized and secured. 

Initially, I had set my mind to study post-graduation in accounting in Nepal. There are also some  good universities in my home country, but not all of these Nepalese universities have  international recognition. In addition, universities over here in Nepal provide limited courses like  MBS and MBA and these courses are not flexible enough. On top of that, the Nepalese education  system and its universities lack adequate human and material resources for skill development.  The curriculum is not updated and students are taught the same old curriculum for years. The  pace of development of the teaching and learning system in Nepal is relatively low compared to  global development. Though theoretical knowledge is emphasized upon, there is a lack of scope,  area, and required resources for its application in practical settings and the platform for personal  exposure is confined. Moreover, problems like population explosion, non-participation of the  private sector, scarcity of qualified manpower, political instability, inefficient educational  management system and poor implementation of policies and programs, etc. are plaguing the  educational system of Nepal. Because of all these impact reasons I gave up on the thought of  continuing further education in Nepal. 

After carrying out a lot of research about different cities in Australia I decided to choose NSW,  Sydney as a destination for my further study. Sydney is Australia’s oldest and largest city built  around a huge harbor and hosts many tourist attractions as well as a number of beaches, bays and  a couple of national parks. It has a humid subtropical climate, shifting from mild and cold in  winter to warm and hot in summer, with no extreme seasonal difference as the weather is  moderated by proximity to the ocean. 

From extensive research, I came to conclude that receiving an International Degree in Master of  Business (Accounting) from University name, Sydney, Australia will surely help me in achieving  my goals. The course is designed in such a manner that it touches and gives depth knowledge in  an advanced international specialization. University name has the expertise and experience to  help students reach their goals. Furthermore, quality education, teaching methods as well as  experienced lecturers at university name will certainly help me to sharpen my knowledge and  skills. To be very honest, the best part is we will not get all the above-mentioned combinations of  course of Master of Business Accounting at any institution in Nepal or elsewhere in the country.  University name has campuses across Melbourne’s Central and Western Suburbs. university  name, Sydney is located in Level 1, 160-166 Sussex Street, Sydney. University name also  provides courses in various fields like Arts, Education, Law and Justice, Business, Engineering  and Science, Sports and Exercise, Computers and IT etc. University name is a dual-sector  tertiary institution, which provides courses in both higher education and Technical and Further  Education (TAFE). University name is ranked in the Top 2% of universities worldwide  according to Times Higher Education, World University Rankings 2017-18. Along with this,  University name has also gained other many more rankings like 

University name engineering and computer subjects are ranked among state’s best in the 2018  World University Subject Rankings.

University name is also ranked as 56 in the World’s Top Universities aged under 50 in the Times  Higher Education Young Universities Rankings (2017) and 55 in the Asia Pacific the inaugural  Times Higher Education Asia-Pacific University Rankings (2017). University name courses are in-demand internationally, with many students studying University  name degrees through international University partners in China, Malaysia, Vietnam, Singapore,  and Myanmar. 

In 2017, the University name Master of Business Administration was ranked in Tier 1 by  London-based CEO Magazine. And many more…. Because of all these achievements University name is recognized as the most competitive and  internationally accepted University. University name emphasizes research that is relevant to the  community, industry, and government – both nationally and internationally. University name is  truly a university with diverse features and internationally accepted university. So, by  researching and analyzing various factors like course contents, tuition fees, location and  duration, international recognition, I finally got convinced myself in choosing University name,  for my higher education. 

Beside University name, I also did several types of research for other colleges providing a  master’s degree in the accounting field. I did a comparison of tuition fees, course structures,  location and entry requirements by different education providers of Australia. Most universities  like University name, University name and University name also provide Master’s Program in  Accounting but were amazed when comparing the fee structure of these universities with  University name. University name is very much affordable with respect to the above-mentioned  universities. University name annual fee is AUD $ XXXXX per year while the University  name estimated annual fee is AUD $ XXXXX. Likewise, the estimated annual fee of University  name is AUD $ XXXXX, whereas the University name estimated annual tuition fee is AUD $ XXXXX. Similarly talking about the course structure, the course of University name is far better  and is focused not only on accounting specialization but also on providing knowledge about  other business courses too which other mentioned universities do not provide. Therefore,  studying at University name can be very beneficial in both academic and financial wise. 

In this 21st century’s versatile world nothing is certain and is the same applies to every financial  company and organization. The current market structure is always increasing which can result in  an uncertain future for the financial organizations. Forecasting the uncertainties and taking the  required measures to see them off is very important for the organizations, and this is where  accounting comes into play. Just as language is universal to people, so is accounting in business  because it deals with interpreting and communicating information about a company’s past events  and forecasting the future. For a business to survive and grow it is crucial to have a proper  accounting practice as it ensures the accuracy of financial statements complying with the existing  laws and regulations which eventually results in improved business efficiency, reduce cost,  enhance the revenue and undertake profit-making decisions with the owners, investors or the  managers of the company. It is because of this recognition and importance of accounting the  majority of students graduating from business background decides to seek further education in  the field of accounting. With better knowledge and training of accounting and related subjects,  an individual can develop a strong career in today’s modern business and financial organizations.  Hence, with the help of Master of Business (Accounting), I can receive the full package in regard  to accounting and it helps me to get great career opportunities after the completion of this course.

Once I complete this intended course, I believe I will have the proper knowledge and the right set  of skills that will enable me to establish a strong career in the field of business accounting. After  completion of the Master of Business (Accounting), I would like to apply for Post Study Work  Experience to make the most of the Australian exposure and experience, get the confidence, and  increase my competitiveness on return to my home country. In Nepal, qualified accountants are  high in demand and there are a number of firms that offer jobs with good pay. Having an  international degree will make me more competent and demanding in Nepal and Master of  Business (Accounting) from Australian University will be my Unique Selling Proposition to  potential job providers in the Nepalese market. Although in the initial phase, I expect the pay to  be around NRS. 50,000 to 70,000 per month as an Accountant for a couple of years but once I  gain some experience here, there could be potential job openings in different Multinational  Companies like Coca-Cola, Unilever, Chaudhary Group, in A grade banks like Nabil Bank,  Standard Chartered Bank, Everest Bank, and also in donor agencies and NGOs like World Bank,  Asian Development Bank, UNICEF which provides salary above NRS. 100,000 monthly for  qualified accountants under different career options like Finance Manager, Budget Analyst,  Senior Accountant, etc. After working and gaining professional experience for some years I also  would like to see myself opening up my own Accounting Firm to provide accounting services to  organizations and moreover create job opportunities which are very essential in context Nepal. 

Talking about my marriage and spouse history, I got married to Name. He is working as an  account and finance manager in one of the renowned transport companies named Monica  Transport Company Private Limited. He is very honest, punctual, hardworking and highly  dedicated towards his job. He has completed intermediate level in commerce faculty from  Tribeni Higher Secondary School, Dhankuta, Nepal with a percentage of XX in 20XX A.D. He  had joined BBA in Zenith International College, but as he was working along with carrying out  his studies, so he could not give proper time to his study and could not complete the course. As  we were admitted to the same college for our bachelor level and he was a batch senior to me, we  came to know each other and soon became friends. With passing days we realized that we are in  love with each other and decided to tie the knot after three years of our love relationship. My  husband has always been very supportive and has always motivated me to excel in my education  as well as every other good thing I take up. He has also has been supporting my desire of getting  an international degree. As it will be really challenging for me to go alone to a totally new place,  Australia, which is very far away from home, we want to accompany each other during my stay  and study in Australia. His presence will give me full support to adjust in a totally new  environment and also will make me feel more secure, confident and encouraged to pursue my  master’s degree. The only reason for his company would be to support and motivate me so that I  could finish my intended studies within proper time with proper grades. Therefore, I want to start  my education journey in Australia with my husband. 

As per the financial arrangement of my proposed education, my parents and in-laws will sponsor  my study and stay in Australia. As per my family, my father’s name is Parent Name, he is  working as a government officer and my mother’s name is Name and she is a proprietor of a  retail shop as well as an excellent housewife. My father in law Name is a Proprietor of a retail  shop and my mother in law is an excellent wife.

I am well known about the visa conditions and obligations that I have to follow during my stay in  Australia. I must maintain 80 percent of attendance, I need to clear 50 percent in each subject, I  cannot work more than 40 hours per fortnight and I will not work as i am applying for the study  visa, I must maintain the health insurance until I and my husband remain in Australia. I must  notify the university within 7 days if I change my address or contact details and so on. 

I would like to assure you that I will be under the rules of visa subclass 500 and I will give my  best effort in learning and developing knowledge and skills regarding my subject matter. I will  finish my intended course at the exact time with good grades and will return back to my home  country for achieving my future goal. 

Thank you  

Yours sincerely, 

Applicant Name