Accounting is the study of keeping financial records, conducting internal audits, and recording transactions. Creating and reporting financial documentation to managers, stakeholders, firm owners, and external auditors is another aspect of accounting.
Managerial accounting and financial accounting are the two primary areas of accounting. The former exclusively produces reports that are distributed internally, employs approximations, and forecasts future financial conditions. The latter produces financial statements that are distributed both privately and publicly, as well as internally and externally (with stakeholders). It typically analyses historical data and financial activities and only works with actual numbers, not estimates.
Business Information Systems, Commercial Law, Financial Reporting, Money and Banking, Business Law, Micro- and Macroeconomics, Legal Obligations, Taxation Theory, Business Ethics, etc. are among the subjects covered in accounting courses for students.
Graduates in accounting can select from a variety of careers, including those as an accountant, payroll clerk, economist, tax adviser, management consultant, retail banker, auditor, treasury analyst, cost estimator, anti-money laundering specialist, and chief financial officer.
Study Bachelor Programs in Accounting in Turkey
Finances, numbers, and corporate structure are the focus of the accounting programme. You'll discover how to create balance sheets, quarterly reports, annual financial statements, and declarations regarding a company's financial success. The job outlook is excellent because practically all major corporations require accounting professionals.
You will deal with group accounting, cost analyses, and capital market theories in the first semester in Turkey. The following step is to carry out cost and performance calculations in group projects or to compute cash flows. Attending planning and management lectures will teach you everything you need to know about the various management theories, as well as growth and internationalisation techniques.
Advantages of Accounting and Financial Management Study in Turkey
For international students, studying accounting and financial management in Turkey has benefits. Turkey holds a significant role in the financial sector and is one of the nations that is constantly growing.
Due to the rising development and demand for experienced accountants and specialists, studying financial management in Turkey has become more important than ever. As a result, a student may combine theoretical knowledge and practical experience through their studies in Turkey.
Fees of Studying Accounting and Financial Management in Turkey
The costs of pursuing a financial management major in Turkey are considered typical in comparison to other nations. In private universities, they are typically between $3000 and $5,000, and if you have a scholarship, they will be less.
Master's and PhD in Accounting and Financial Management in Turkey
Accounting postgraduate studies aim to equip students for the practical field and improve their competence in a variety of disciplines, such as:
Accounting and Auditing
Government and National Accounting
Accounting Information Systems
Study the Feasibility of Projects
Career Opportunities in Accounting
The controller or the balance sheet and asset accountant are two examples of typical positions. However, a degree in accounting also allows you to work as an internal auditor or in cash management. You might also start your own consulting business or educate yourself to become a tax expert.
Supervising and preparing financial and tax information for businesses, organisations, and governmental bodies, as well as assisting one-on-one clients in getting ready for tax day, examining tax forms, and summarising their current financial situation are all responsibilities of a graduate accounting student.
Best Universities Offering The Most Popular Bachelor Programs in Accounting in Turkey
One of Turkey's top universities, Altnbaş University, saw quick growth and development into a major global research institution. With its solid relationships and expertise in establishing and exchanging them, the university hopes to rank among Turkey's top educational institutions. The university also has numerous agreements with more than 120 other universities in 23 different countries, as well as a partnership with more than 50 businesses and recognised universities in the European Union. This adds to the many shared experiences between them and other universities and enhances the university's standing.
The Fayza School of Waqf established Işık University in 1996. It is regarded as one of the universities with the best track records for sustaining themselves after being founded. There are two campuses for the university, one of which is in the European section's Maslak neighbourhood and the other in Şile. Işık University is well known for being one of the most significant research institutions in Turkey. It has a truly global experience, all programmes are taught in English, and it prepares students for academic or professional roles.
Ankara, Turkey, serves as the primary location for Gazi University. Mustafa Kemal Atatürk founded it as the Gazi Teacher Training Institute in 1926. The university's goal is to educate people who can lead society and respect national, spiritual, cultural, and human values. They also aim to contribute to society's lifelong education and development process by producing knowledge through ground-breaking research, sharing it, and applying it in the real world.
Istanbul Bilgi University
From 2006 to 2019, Istanbul Bilgi University collaborated with Laureate Education, one of the world's largest education networks, to improve the quality of education and scientific research and to compete on a global scale. Three campuses make up Istanbul Bilgi University: Kustepe, Dolapdere, and Santral Istanbul.
One of the greatest Turkish universities for overseas students is Ozyegin University, a more recent institution. It is modelled after MIT and Cambridge and has a vision for a life-changing learning environment. The institution offers degrees in law, business, social science, engineering, and architecture. Additionally, it provides educational facilities for modern languages, gastronomy, and culinary arts.
Istanbul University was established in 1846, making it one of Turkey's first universities. It provides programmes in astronomy, mathematics, science, and other disciplines. It offers a wide variety of subject options and has a long history of producing experts who have made contributions to science and the arts.
This private university, founded in 1997, is located in Ankara, the nation's capital. The bulk of the programmes offered by Atilim University are taught in English. Numerous other organisations have given it tremendous honours, and Time Higher Education named it one of the top 500 universities in the world in 2016. Around 9,000 students attend Atilim University, which offers a variety of undergraduate and graduate programmes.
İstanbul Medipol University
The university's innovative curriculum prepares students with advanced degrees and those who want to promote science and technology. It is one of the most prestigious private universities in Turkey and well-known on a national and worldwide level as a result of its higher degree of accreditation. Every learner now has access to a cutting-edge learning setting with top-notch technology.
Istanbul-based Bogazici University is a significant research university. Christopher Robert established it in 1863, and over 20,000 students are now enrolled at the university. Bogazici has six campuses in the main Istanbul region. At this top-notch institution in Turkey, international students can study applied science, humanities, engineering, education, and other disciplines in English! Six faculties, two schools that grant undergraduate degrees, and six institutes that grant postgraduate degrees make up the university.
Yeditepe University was established in Atasehir, Istanbul, in 1996. This university is ranked 2972nd globally and 38th in Turkey. The languages of Turkish, English, French, and German are taught at the university.
In response to Turkey's demand for high-quality higher education institutions, Baskent University was founded in 1993 by its founding president, Prof. Dr. Mehmet Haberal, in collaboration with the "Turkish Foundation for Organ Transplantation and Burn Treatment" and the "Haberal Education Foundation." Since its founding, the university has made contributions to Turkey's educational and cultural development. It also makes contributions to its services, which centre primarily on teaching and research that adhere to international standards and competition requirements.
The stunning campus, comprehensive academic assistance, and well-stocked labs at Turkey's Koc University have made it popular among students, both local and international. This institution was founded in 1992 and is located in Istanbul. It is now ranked 13th in Turkey and 1433rd globally, and it only provides English-language courses.
Bahçeşehir University (BAU)
The goal of Bahçeşehir University is to advance knowledge on a regional and national scale. Students at Bahceşehir University are expected to be committed to advancing respect for others' rights, to be considerate of and appreciative of diversity among people, and to engage in a healthy exchange of ideas. It is also regarded as one of Turkey's top universities.
Beykent University is a university that quickly became well-known and developed its own staff, giving students the finest possible educational experience. This institution was founded in Istanbul in 1997 and is now ranked 71st in Turkey and 4472nd overall.
Kadir Has University
Kadir Has University, a publicly supported institution of higher learning, is situated in Fatih City, inside the Istanbul Municipality. Since its founding in 1997, this Turkish university has grown to become a notable institution within the nation. It has six main faculties, which provide programmes in engineering, communication, economics, art, and design. The university's unique graduate school is in charge of overseeing the academic development of postgraduate students. There are more than 50 distinct degrees offered by these faculties.
As one of the top universities in Turkey today, Hacettepe University, founded in 1967, continues to make contributions to social development and universal values in the fields of science, technology, and the arts with its 16 faculties, 15 institutes, 4 vocational schools, 2 colleges, 1 conservatory, and 98 research and application centres.
Most Popular Accounting Programmes for International Students in Istanbul
Accounting and Auditing
Banking and Finance
Study Abroad in English
You might need proof of English competence in order to apply to one of the Turkish universities. The Pearson Test of English (PTE), the TOEFL (Test of English as a Foreign Language), the CAE (Cambridge Advanced English), and the IELTS (International English Language Testing System) are just a few of the standard English proficiency tests that are available from the British Council and IDP. With more than 500 test places offered by the British Council and acceptance by more than 9,000 organisations worldwide, IELTS is among the most popular of these exams.
Management, Organisation & Leadership
Human Resource Management
Supply Chain Management & Logistics
Business Intelligence & Analytics
Corporate Social Responsibility
Master in Business Administration (MBA)
Master in Management (MIM)
Study in Turkey
Turkey has one of the most fascinating histories and cultural characteristics, having formerly been the centre of one of the greatest empires in history. It has a distinctive ethnic and cultural blend when it comes to food, art, language, and history because of its intriguing, transcontinental location. Without a doubt, international students prefer Turkey. Turkey's educational system is stable, efficient, and cost-effective, and its academic standards are quite high. Turkey now competes with the top universities worldwide.