Studying Accounting in Russia

Accounting in Russia is one of the important and in-demand, high-paying professions. Due to the need for accountants in various fields, studying accounting in Russia can offer numerous job opportunities for individuals pursuing this field. Considering the affordable cost of accounting studies in Russia, it can be a suitable option for those wishing to study abroad. Educational migration to Russia for this field will also pave the way for greater success and can help increase job prospects. The absence of difficult entrance exams for universities in Russia has attracted many students to pursue studies in this country. This article aims to thoroughly explore the various aspects of studying and working as an accountant in Russia. If you have chosen this country for studying and working in accounting, stay with us until the end of this article from Elm Vira. Studying Accounting in Russia It’s important to note that studying accounting in Russia is one of the most successful academic programs at various levels of education in the country. Accounting in Russia is guided and supported by the Association of Chartered Accountants one of the oldest professional international organizations in the world. Additionally, graduates who wish to pursue a master’s degree to earn the ACCA diploma are exempt from eight out of the fourteen mandatory preliminary exams in this field. This advantage can significantly reduce the cost, time, and money for students studying accounting in Russia, while an ACCA certificate is globally recognized. Unique textbooks designed by teachers from prestigious Russian universities serve as learning and teaching materials for accounting and financial subjects in these programs. These textbooks are published by leading Russian publishers and are nationally recognized. It is also worth mentioning that students have the opportunity to create a personalized educational path by choosing specific courses related to their career interests. This academic program is designed with professional standards and employer feedback regarding the skills and job performance of graduates in the professional activities they pursue. Additionally, you can study accounting in Russia using modern accounting software that you will be taught during your studies.

بهترین دانشگاه‌های تحصیل حسابداری در روسیه

Best Universities for Studying Accounting in Russia In Russia, accounting is typically defined by the rules that govern how accounting records should be maintained. The IFRS (International Financial Reporting Standards) for preparing consolidated financial statements by domestic and foreign companies became mandatory in 2012. The Financial University under the Government of the Russian Federation (FinU) is one of the oldest higher education institutions in Russia specializing in finance and economics. It is important to note that accounting is also taught at this university. Founded in 1919, the Financial University has expanded to include branches across all regions of Russia and offers various programs at all levels of education. The university’s programs are updated regularly, and new courses and facilities are introduced each year. It also provides various programs at different levels for international students. Additionally, the cost of studying accounting in Russia at this university is quite affordable. Below are some of the best universities for studying accounting in Russia:

St. Petersburg University
National Research University – Higher School of Economics
Financial Academy under the Government of the Russian Federation
Moscow State University
Plekhanov Russian University of Economics
Russian Presidential Academy of National Economy and Public Administration

Advantages of Studying Accounting in Russia As you may know, studying in Russia is one of the best and least risky immigration methods. Pursuing education in this country can increase your chances of obtaining permanent residence or finding a job after graduation. Studying accounting in Russia is available at all academic levels, and the affordable cost of education, the availability of preparatory language courses, and the opportunity to work part-time while studying are some of the advantages of studying in Russia. Additionally, the country offers scholarships to students at all levels. Due to the growing demand for accountants in Russia, several advanced universities have dedicated themselves to teaching and training accountants. It is worth mentioning that many of these universities are recognized by Iran’s Ministry of Science, which means that students can return to Iran after graduation and find employment. The absence of difficult entrance exams makes it easier for students to gain admission to their desired programs. Students can also enter through Russian language courses and then apply for their chosen programs. During their studies in accounting, students can also participate in internships at companies or budget institutions and complete specific programs, earning diplomas and certificates upon completion. A higher education degree in finance or economics can open opportunities to apply for senior accountant positions. Upon graduation, students with accounting, auditing, analysis, and finance expertise will have qualifications that align with these fields.

Visa for Studying Accounting in Russia For studying in Russia, international students need a student visa, including those planning to study accounting. It is important to note that Russia is not a member of the European Union or EFTA, so the EU visa exemption does not apply to European students. However, citizens of Commonwealth of Independent States (CIS) countries—such as Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Ukraine, Abkhazia, Moldova, South Ossetia, Tajikistan, and Uzbekistan—are exempt from this rule. Students can begin applying for their visa after receiving admission to a university in Russia and no later than 45 days before their planned arrival in the country. Visa processing typically takes between two to three weeks and can be done at a visa center or Russian embassy. The initial student visa for Russia is valid for 90 days, and there is the possibility of extending it for one year. Afterward, it can be renewed continuously for the duration of the studies. Required documents for obtaining a student visa to study accounting in Russia include:

An official invitation letter from the chosen university or GUVM (Main Directorate for Migration Affairs)
A valid passport with at least 18 months of validity from the visa issuance date
A certificate showing a negative HIV status
A printed application form to submit to the embassy, consulate, or visa center

Additionally, students must register their entry with the local GUVM office within seven days of arriving in Russia.

Cost of Accounting Studies in Russia Tuition fees for international students and the cost of studying accounting in Russia can vary between institutions. It is also important to note that the minimum tuition fee set by the Ministry of Education in Russia cannot be lower than the amount invested by the Russian government for each student in education. In general, tuition fees for studying accounting in Russia are as follows:

Bachelor’s programs can cost between 220,000 RUB and 240,000 RUB per year.
Specialist programs can cost between 220,000 RUB and 240,000 RUB per year.
Master’s programs can range from 240,000 RUB to 260,000 RUB per year, with some programs reaching up to 450,000 RUB per year.
Postgraduate programs can cost between 72,000 RUB and 250,000 RUB per year.

Accounting Studies in Russia; Student Accommodation Costs As previously mentioned, the cost of accounting studies in Russia is quite affordable for international students. However, the cost of student accommodation in Russia can vary depending on the location, facilities, and type of accommodation chosen by the student. It ranges from 150 RUB to 35,000 RUB (Russian rubles), which is equivalent to about $2.6 to $612 per year. Among Russian cities, Moscow and St. Petersburg are considered the best cities for studying, but they are also the most expensive cities to live in. When considering accommodation options, several factors come into play. It is recommended that students conduct further research as soon as possible before making decisions about studying accounting in Russia. Accounting Studies in Russia; Accountant Residency in Russia Despite the affordable cost of accounting studies in Russia, students can work 10 to 20 hours per week during their studies with a work permit. However, obtaining this work permit incurs additional costs, typically around 3,500 rubles. Proficiency in the Russian language can significantly increase job opportunities during this time. It is important to note that after completing their studies in Russia, foreign nationals can only stay in the country if they have a work permit or a Russian work visa. After receiving a job offer from an employer, accounting students in Russia can apply to change their visa to a work visa. Additionally, after 5 years of temporary residency in Russia, students can apply for permanent residency.

Accountant Income in Russia The income of accountants in Russia depends on several factors, with experience being one of the most significant determinants. Another influencing factor is the level of education. For example, someone with a high school diploma in accounting will earn around 52,200 RUB per month, while a person with a bachelor’s degree in accounting can expect to earn 58,900 RUB. An individual with a master’s degree can earn 77,500 RUB, which is 24% less than someone with a Ph.D. in the same field. Gender also plays a role in determining salaries. Male accountants earn, on average, 6% more than their female counterparts. The following table shows the correlation between experience and salary in more detail: TitleIncome (RUB)Income in USD Accountant (0-2 years experience) 42,900 658 Accountant (2-5 years of experience) 54,200 888 Accountant (5-10 years of experience) 71,500 1,172 Accountant (10-15 years of experience) 84,100 1,379 Accountant (15-20 years of experience) 93,100 1,526 Conclusion As explained, studying accounting in Russia offers excellent opportunities for students. Many international students choose Russia for their studies, particularly because the cost of accounting programs is relatively affordable. Moreover, students can continue their stay in Russia after graduation if they meet the residency requirements. In general, the number of students migrating for higher education in Russia is high, thanks to the country’s reputable universities and their strong global rankings. If you are interested in more information about studying or immigrating to Russia, feel free to contact us at Elm Vira for a free consultation.

میانگین امتیازات 5 از 5

Vote count: 1 Vote