Cheap accounting courses in Canada for international students: Canada has always made its place in the top list when it comes to quality education. Apart from the quality education, welcoming immigration policies and diverse culture attract a huge population of international students as well. Accounting is one of the lucrative fields that provides a good ROI and is a top choice for students who want to secure stable employment.
In this blog, we will explore cheap accounting courses in Canada for international students, focusing on affordable institutions, scholarships, and cost-saving strategies.
Table of contents
- Why Study Accounting in Canada?
- Factors to Consider When Choosing a Cheap Accounting Course
- List of Cheap Accounting Courses in Canada for International Students
- 1. Centennial College (Toronto, Ontario)
- 2. Seneca College (Toronto, Ontario)
- 3. Humber College (Toronto, Ontario)
- 4. George Brown College (Toronto, Ontario)
- 5. University of Manitoba (Winnipeg, Manitoba)
- 6. Memorial University of Newfoundland (St. John’s, Newfoundland and Labrador)
- 7. University of Regina (Regina, Saskatchewan)
- 8. Yorkville University (Online & In-Class Options)
- Online & Short-Term Accounting Courses for Budget-Friendly Learning
- Scholarships and Financial Aid for International Students
- Tips to Save Money While Studying in Canada
- FAQs
Why Study Accounting in Canada?
Canada is a top destination for accounting students due to its strong job market, high-quality education, and opportunities for career growth. With a rising demand for finance professionals, international students can benefit from affordable courses, work opportunities, and pathways to permanent residency.
1. Growing Demand for Accountants
The Canadian job market consistently shows a strong demand for accountants, bookkeepers, and finance professionals. Accounting careers offer stability and growth, making it an attractive field for students.
2. Career Opportunities and Earnings
Graduates of accounting programs can work as financial analysts, auditors, tax consultants, or certified accountants. Entry-level salaries typically range between CAD 40,000 to CAD 60,000 per year, with higher salaries for certified professionals.
3. Pathway to Permanent Residency
Many international students use their accounting qualifications to gain work experience in Canada, which can contribute to their eligibility for permanent residency through programs like the Canadian Experience Class (CEC) under Express Entry.
Factors to Consider When Choosing a Cheap Accounting Course
When selecting an affordable accounting course, consider:
- Tuition Fees – Look for institutions with low tuition rates and payment flexibility.
- Accreditation – Ensure the course is recognised by CPA Canada or relevant industry bodies.
- Course Duration – Shorter courses may be more cost-effective.
- Location – Some provinces have lower living costs, making education more affordable.
- Work Opportunities – Choose a course that allows you to work part-time while studying.
List of Cheap Accounting Courses in Canada for International Students
Here are some Canadian institutions offering cost-effective accounting programs:
1. Centennial College (Toronto, Ontario)
Centennial College offers a Diploma in Business Accounting, a two-year program designed to provide students with foundational knowledge in financial accounting, taxation, and business ethics. The college has strong industry ties, providing students with networking opportunities and internships. With affordable tuition fees and financial aid options, it is a great choice for international students looking for quality education at a lower cost.
| Feature | Details |
| Location | Toronto, Ontario |
| Tuition Fee (per year) | CAD 15,000 |
| Ranking | Top 50 Colleges in Canada |
| Top Accounting Course | Diploma in Business Accounting |
| Acceptance Rate | ~65% |
2. Seneca College (Toronto, Ontario)
Seneca College’s Accounting Diploma is a two-year program that prepares students for entry-level roles in accounting and finance. The curriculum includes financial reporting, auditing, and computerised accounting systems. Seneca College offers hands-on learning experiences through real-world projects, making it a practical and cost-effective choice for international students.
| Feature | Details |
| Location | Toronto, Ontario |
| Tuition Fee (per year) | CAD 14,000 |
| Ranking | Top 30 Colleges in Canada |
| Top Accounting Course | Accounting Diploma |
| Acceptance Rate | ~70% |
3. Humber College (Toronto, Ontario)
Humber College provides a three-year Business Administration – Accounting program that offers both theoretical and practical training in accounting. The program allows students to gain work experience through internships and co-op opportunities, enhancing their employability. Humber’s affordable tuition and strong industry connections make it a desirable choice for aspiring accountants.
| Feature | Details |
| Location | Toronto, Ontario |
| Tuition Fee (per year) | CAD 16,000 |
| Ranking | Top 20 Colleges in Canada |
| Top Accounting Course | Business Administration – Accounting |
| Acceptance Rate | ~75% |
4. George Brown College (Toronto, Ontario)
George Brown College offers a two-year Business Accounting Diploma that prepares students for careers in bookkeeping, payroll administration, and financial services. The program provides hands-on experience with industry-standard software and offers strong employer connections for job placements. Its location in downtown Toronto also provides easy access to job opportunities.
| Feature | Details |
| Location | Toronto, Ontario |
| Tuition Fee (per year) | CAD 14,500 |
| Ranking | Top 25 Colleges in Canada |
| Top Accounting Course | Business Accounting Diploma |
| Acceptance Rate | ~68% |
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5. University of Manitoba (Winnipeg, Manitoba)
The University of Manitoba’s Bachelor of Commerce (Accounting) program is a four-year degree that provides students with essential accounting and finance skills. The university offers co-op education, allowing students to gain paid work experience while studying. With relatively low tuition fees and a strong reputation, it is an excellent choice for budget-conscious students.
| Feature | Details |
| Location | Winnipeg, Manitoba |
| Tuition Fee (per year) | CAD 18,000 |
| Ranking | Top 20 Universities in Canada |
| Top Accounting Course | Bachelor of Commerce (Accounting) |
| Acceptance Rate | ~80% |
6. Memorial University of Newfoundland (St. John’s, Newfoundland and Labrador)
Memorial University offers a Bachelor of Business Administration with an accounting concentration, one of the most affordable business programs in Canada. The program focuses on financial management, tax planning, and business law. The university’s low tuition fees and various scholarship options make it an attractive option for international students.
| Feature | Details |
| Location | St. John’s, Newfoundland |
| Tuition Fee (per year) | CAD 11,500 |
| Ranking | Top 25 Universities in Canada |
| Top Accounting Course | Bachelor of Business Administration (Accounting) |
| Acceptance Rate | ~60% |
7. University of Regina (Regina, Saskatchewan)
The University of Regina’s Bachelor of Business Administration – Accounting Major provides students with a strong foundation in financial reporting, auditing, and taxation. The university has strong industry connections, offering students networking and internship opportunities. With reasonable tuition fees and a supportive learning environment, it is a great choice for international students.
| Feature | Details |
| Location | Regina, Saskatchewan |
| Tuition Fee (per year) | CAD 20,000 |
| Ranking | Top 30 Universities in Canada |
| Top Accounting Course | Bachelor of Business Administration – Accounting |
| Acceptance Rate | ~65% |
8. Yorkville University (Online & In-Class Options)
Yorkville University offers a Bachelor of Business Administration in Accounting with both online and in-class options. The program is designed for flexibility, allowing students to complete their degree at an accelerated pace. Yorkville’s affordable tuition and career-focused curriculum make it a practical choice for students balancing work and studies.
| Feature | Details |
| Location | Online & Various Locations |
| Tuition Fee (per year) | CAD 20,000 |
| Ranking | Private University |
| Top Accounting Course | Bachelor of Business Administration (Accounting) |
| Acceptance Rate | ~85% |
Online & Short-Term Accounting Courses for Budget-Friendly Learning
For students looking for an even more affordable way to study accounting, online platforms offer certifications at lower costs:
- Coursera: Offers online accounting courses from institutions like the University of Toronto.
- edX: Provides free and paid courses on bookkeeping and finance.
- LinkedIn Learning: Short-term certifications in financial accounting and bookkeeping.
Scholarships and Financial Aid for International Students
Several universities and colleges offer scholarships for international students:
- Ontario Graduate Scholarship (OGS): For graduate-level students in Ontario.
- Memorial University Scholarships: Various financial aid programs for international students.
- University of Manitoba International Student Scholarships: Merit-based tuition reductions.
- External Scholarships: Organizations like CPA Canada and ACCA offer funding to aspiring accountants.
Tips to Save Money While Studying in Canada
- Work Part-Time: International students can work up to 20 hours per week during semesters and full-time during breaks.
- Choose Affordable Housing: Living in shared accommodations or outside major cities can lower costs.
- Utilize Student Discounts: Many businesses, including public transport and grocery stores, offer discounts to students.
- Buy Used Books & Digital Resources: Instead of new textbooks, consider second-hand books or online materials.
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Studying accounting in Canada is a smart choice for international students looking for quality education at an affordable cost. With numerous budget-friendly colleges and universities, strong job prospects, and opportunities for permanent residency, Canada offers a promising future for aspiring accountants.
By choosing the right institution and exploring scholarships, students can make their education both cost-effective and rewarding. For booking the best student accommodation abroad to start your study abroad experience, you can contact Fly Homes at 1800572118.
FAQs
Some of the most affordable colleges include Centennial College, Seneca College, and George Brown College, which offer diploma programs in accounting at lower tuition fees.
Memorial University of Newfoundland is one of the most affordable universities, offering a Bachelor of Business Administration (Accounting) at approximately CAD 11,500 per year.
Yes, international students can work up to 20 hours per week during the academic term and full-time during scheduled breaks with a valid study permit.
Graduates can work as accountants, auditors, tax consultants, financial analysts, and bookkeepers. The demand for accounting professionals in Canada is consistently high.
Yes, many universities and colleges offer scholarships to international students based on academic merit, financial need, or extracurricular achievements.
Yes, institutions like Yorkville University offer online accounting programs, and platforms like Coursera, edX, and LinkedIn Learning provide certification courses in accounting.
Most colleges and universities require an IELTS score of 6.0 to 6.5 for admission into accounting programs. Some institutions may also accept TOEFL or Duolingo scores.
Yes, an accounting diploma can lead to entry-level jobs in bookkeeping, payroll administration, and financial services. However, a degree or CPA certification can improve job prospects.
The cost of living varies by city, but on average, international students spend between CAD 10,000 to 15,000 per year on accommodation, food, and other expenses.
Yes, international students can apply for PR through programs like the Canadian Experience Class (CEC) under Express Entry, provided they gain relevant work experience after graduation.
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