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Studying Finance and Accounting

Businesses see a lot of in-flows and out-flows of cash on a daily basis. This money could be what the companies pay to their employees, shareholders, suppliers, branches and offices or the government as taxes and tariff. The other side of this is the money coming in from customers, government as tax rebates and returns from investments. In addition to these companies also need to forecast their revenue and prepare a budgets and raise money and capital for various projects.

Making these transactions, accounting for money spent and received and funding projects are complex and time-consuming. That is why companies need suitably qualified finance and accounting professionals to keep on top of all things financial.

Some of the most popular universities in the Netherlands include:

  • University of Twente
  • Radboud University, Nijmegen
  • Maastricht School of Management
  • CEG (affiliated to University of Amsterdam and Amsterdam University of Applied Sciences)

Salary and Career Prospects

Finance and accounting graduates find work in all sectors, including IT and tech, accountancy and professional services, retail and hospitality, banks and the government.

Some of the roles graduates take up are Business Controller, Finance Officer, Credit Controller, Tax Assessor, Auditor Accounts Payable Officer and Accounts Receivable Officer.

Salaries vary based on job role, industry, experience, qualifications, skills and location. As a guide, finance and accounting professionals earn around €43,000 a year (34 lakhs INR).

Why study in the Netherlands?

The Netherlands is fast establishing itself as a popular destination for international students. Its universities are among the most prestigious in the world, with 12 ranking in top 250 in QS World Rankings 2019.

The Netherlands or Holland, as it’s also known, is among the world’s most developed and industrialised countries. It has spawned conglomerates like Shell, ING Group, Unilever and Phillips. In addition to these, several tech, banking and financial services giants like Cisco, Tesla, HSBC and Microsoft operate out of here.

Amsterdam, the capital, is among the world’s biggest and most beautiful cities. Running along its pretty canals are spectacular museums and art galleries, grand hotels, cafes and restaurants, luxury retail stores and entertainment venues.

The country is a popular tourist destination, with millions of tourists drawn to its tulip gardens, historic cities, beautiful palaces and scenic countryside views complete with windmills.

Dutch is the national language, although most people living in big cities can speak fluent English.

International graduates are able to apply for a post-study work permit lasting one year.

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