Masters in Accounting in Saudi Arabia

Checkout the Masters in Accounting in Saudi Arabia....

Standyou Team
Standyou Team

Apr 05, 2025 02:28:07

Masters in Accounting in Saudi Arabia for International Students


 Top Universities Offering Accounting Programs

  1. King Saud University (KSU) – Riyadh
    One of the oldest and most prestigious universities. Offers graduate programs in Accounting under the College of Business Administration.

  2. King Abdulaziz University (KAU) – Jeddah
    Known for its international student programs. Offers Accounting at postgraduate level.

  3. Imam Mohammad Ibn Saud Islamic University (IMSIU) – Riyadh
    Offers business-related postgraduate degrees including Accounting.

  4. Prince Sultan University – Riyadh
    A private university offering English-taught business programs.

  5. King Fahd University of Petroleum and Minerals (KFUPM) – Dhahran
    Mostly known for engineering and sciences, but also offers high-quality business programs.


 Program Overview

  • Duration: Typically 1.5 to 2 years

  • Language: Many postgraduate programs, especially in private universities, are taught in English

  • Curriculum: Advanced courses in financial accounting, managerial accounting, auditing, taxation, and research methods.


 Eligibility for International Students

  • Bachelor’s degree in Accounting or related field

  • English proficiency (e.g., TOEFL/IELTS) – especially for English-taught programs

  • Academic transcripts

  • Letters of recommendation

  • Personal statement or study plan

  • Some programs may require an entrance exam or interview


 Tuition & Scholarships

  • Tuition fees can vary widely depending on the university (public vs. private)

  • Saudi government and universities offer scholarships to international students, which may cover tuition, living expenses, and health insurance


 Living in Saudi Arabia as a Student

  • Students usually live in university dorms or private housing

  • Cost of living is moderate compared to Western countries

  • Cultural norms are important: it's a conservative country, so understanding local customs is key


 Why Study Accounting in Saudi Arabia?

  • Growing economy with a strong demand for accounting professionals

  • Access to one of the largest markets in the Middle East

  • Government investment in higher education and Vision 2030 initiatives

  • Unique exposure to Islamic finance principles (offered in some programs)
     

Universities in Saudi Arabia


Universities Offering Masters in Accounting in Saudi Arabia


 Public Universities

  1. King Saud University (KSU) – Riyadh

    • Offers Master of Accounting through the College of Business Administration.

    • One of the top-ranked and oldest institutions in Saudi Arabia.

  2. King Abdulaziz University (KAU) – Jeddah

    • Offers Master in Accounting and has programs available in English.

    • Actively accepts international students and offers government scholarships.

  3. Imam Mohammad Ibn Saud Islamic University (IMSIU) – Riyadh

    • Offers postgraduate degrees in Accounting and Islamic finance.

    • Some programs may integrate Shariah-compliant financial practices.

  4. King Khalid University – Abha

    • Offers a Master’s in Accounting with emphasis on contemporary practices and local regulations.

  5. Qassim University – Qassim

    • Offers a Master’s in Accounting with focus on regional and international accounting standards.

  6. Taibah University – Medina

    • Offers graduate business programs including Accounting, targeting both local and foreign students.

  7. King Faisal University – Al-Ahsa

    • Offers graduate programs in the College of Business, including Accounting.

  8. Islamic University of Madinah

    • Known for religious studies, but also offers programs in economics and accounting – primarily male students, and includes international admissions.


 Private Universities & Institutions

  1. Prince Sultan University – Riyadh

    • Offers graduate programs in business and accounting with English as the medium of instruction.

    • Very international-student friendly.

  2. Al Yamamah University – Riyadh

    • Offers a Master’s in Accounting and Auditing as part of its business school.

    • Courses are typically aligned with global accounting practices.

  3. Effat University – Jeddah

    • A private women’s university that offers Master’s degrees in business-related fields.

    • Welcomes international female students.

  4. Dar Al-Hekma University – Jeddah

    • Another top private women’s university offering business degrees, including accounting.
       

Study in Saudi Arabia


Eligibility Criteria for Masters in Accounting in Saudi Arabia


 General Eligibility Requirements

  1. Bachelor’s Degree

    • A recognized Bachelor's degree in Accounting, Finance, or a related field.

    • Some universities may accept degrees in Business Administration with sufficient accounting coursework.

  2. Academic Performance

    • Minimum GPA requirement varies, but usually around 2.75 out of 4.0 or equivalent (some require 3.0 or higher).

    • Strong academic record is favored for competitive programs or scholarships.

  3. English Language Proficiency (for English-taught programs)

    • TOEFL iBT (usually minimum 65–80) or

    • IELTS (usually 5.5–6.5 minimum)

    • May be waived if the previous degree was taught in English.

  4. Arabic Language Proficiency (for Arabic-taught programs)

    • Some public universities require international students to know basic Arabic.

    • Others may offer a language preparatory program before academic study.


 Required Documents

  • Bachelor’s Degree Certificate & Transcript (official and attested)

  • English or Arabic proficiency test scores

  • Valid Passport

  • Recent Passport-sized Photos

  • Updated CV/Resume

  • Statement of Purpose or Study Plan

  • Letters of Recommendation (usually 2)

  • Medical Report (for visa and university health clearance)

  • Police Clearance Certificate (in some cases)


 Additional Admission Factors

  • Entrance Exam / Interview

    • Some universities may conduct an internal entrance exam or interview (online or in-person).

  • Work Experience (Optional)

    • Not usually required, but can strengthen your application, especially for MBA or executive-style programs.

  • Research Proposal

    • May be requested if applying to a thesis-based Master’s program.
       

Business, Management & Economics in Saudi Arabia


Course Duration of Masters in Accounting in Saudi Arabia


 Standard Duration

  •  1.5 to 2 years (Full-time study)
    Most Master’s programs in Accounting fall within this range.


 Program Structure Types

  1. Coursework-Based Program (Non-Thesis)

    • Duration: Around 1.5 years (3 semesters)

    • Includes core courses + electives + capstone project

    • Focused on professional practice

  2. Thesis-Based Program

    • Duration: 2 years (4 semesters)

    • Includes research methods courses + core accounting subjects + a thesis

    • Suitable for students planning to pursue a PhD or academic career


 Credit Hours

  • Most programs require 30–36 credit hours to graduate

    • Core Accounting courses

    • Electives (e.g., Auditing, Taxation, Financial Reporting)

    • Research or practical project (if applicable)
       

BBA in Saudi Arabia


Online Masters in Accounting in Saudi Arabia


 Universities in Saudi Arabia Offering Online or Distance Learning in Accounting

1. King Abdulaziz University (KAU) – Jeddah

  • Offers some distance learning graduate programs in business and economics, including Accounting-related subjects.

  • Known for its Deanship of e-Learning and Distance Education.

  • May offer blended or fully online formats.

2. Arab Open University (AOU) – Riyadh & other branches

  • Offers programs in Business Administration with Accounting concentration.

  • Follows a blended learning model (online + some in-person sessions).

  • Recognized across Gulf countries, including Saudi Arabia.

3. Saudi Electronic University (SEU) – Nationwide

  • While SEU doesn’t yet offer a full Master’s in Accounting, it does offer related Master’s programs like:

    • Master of Business Administration (MBA) with accounting/finance courses

    • Programs are fully online or hybrid

    • Courses are taught in English, designed with international standards


 Things to Know About Online Study in KSA

  • Online degrees are increasingly accepted but may still carry less weight than traditional degrees in some public sectors.

  • Programs may include live virtual lectures, recorded sessions, online exams, and group work.

  • You’ll need stable internet, and some programs may require you to attend exams or seminars in person (depending on the university).


 Admission Requirements (Typical)

  • Bachelor’s degree in Accounting or Business

  • English proficiency (IELTS/TOEFL for English-taught programs)

  • Resume/CV

  • Personal statement

  • Possibly an interview (online)
     

Masters in Economics in Saudi Arabia


Intakes & Application Deadlines for Masters in Accounting in Saudi Arabia


 Main Intakes

  1. Fall Intake (First Semester)

    • Starts: September

    • Applications: February to May/June

    • This is the primary intake with the most seats and scholarship options.

  2. Spring Intake (Second Semester) (offered by some universities)

    • Starts: January or February

    • Applications: September to November

    • Not all universities offer spring intake for graduate programs. It’s more common in private or electronic universities.


 Application Deadlines (Estimated)

University

Intake

Application Period (Approx.)

King Saud University (KSU)

Fall

Feb – May

King Abdulaziz University (KAU)

Fall

Feb – June (especially for scholarships)

Saudi Electronic University (SEU)

Fall & Spring

Jan – Mar (Fall), Sep – Oct (Spring)

Prince Sultan University

Fall

March – June

Arab Open University (AOU)

Fall & Spring

Varies by branch, usually one month before semester start


Tuition Fees for Masters in Accounting in Saudi Arabia


 Public Universities

University

Estimated Tuition Fees (per year)

Notes

King Saud University (KSU)

8,000 – 12,000 SAR (~$2,100 – $3,200)

May be free for scholarship students

King Abdulaziz University (KAU)

10,000 – 15,000 SAR (~$2,600 – $4,000)

Offers full scholarships to internationals

Imam Mohammad Ibn Saud University

Around 10,000 SAR (~$2,600)

May vary by program type

King Khalid University / Qassim University / Taibah University

8,000 – 12,000 SAR (~$2,100 – $3,200)

Affordable and sometimes free under grants


 Private Universities

University

Estimated Tuition Fees (per year)

Notes

Prince Sultan University

40,000 – 60,000 SAR (~$10,600 – $16,000)

One of the most prestigious private universities

Al Yamamah University

45,000 – 55,000 SAR (~$12,000 – $14,700)

Offers Accounting & Auditing specialization

Effat University (women only)

35,000 – 45,000 SAR (~$9,300 – $12,000)

Scholarships available for high performers

Dar Al-Hekma University (women only)

35,000 – 50,000 SAR (~$9,300 – $13,300)

Often includes access to international programs


 Other Costs to Consider

Item

Estimated Cost (Annual)

Housing (Dorm or Rent)

10,000 – 25,000 SAR ($2,600 – $6,600)

Food & Transport

6,000 – 10,000 SAR ($1,600 – $2,600)

Books & Supplies

1,500 – 3,000 SAR ($400 – $800)


Cost of doing Masters in Accounting in Saudi Arabia


 1. Tuition Fees

 Public Universities (Subsidized / Affordable)

  • 8,000 – 15,000 SAR/year
    ($2,100 – $4,000 USD)

  • Total for 2 years16,000 – 30,000 SAR
    ($4,200 – $8,000 USD)

 Private Universities (More Expensive)

  • 35,000 – 60,000 SAR/year
    ($9,300 – $16,000 USD)

  • Total for 2 years70,000 – 120,000 SAR
    ($18,600 – $32,000 USD)


 2. Living Expenses (Annual Estimate)

Category

Monthly (SAR)

Annual (SAR)

USD Equivalent

Housing (rent/dorm)

1,500 – 2,500

18,000 – 30,000

$4,800 – $8,000

Food

800 – 1,200

9,600 – 14,400

$2,500 – $3,800

Transportation

300 – 500

3,600 – 6,000

$950 – $1,600

Internet/Utilities

200 – 400

2,400 – 4,800

$640 – $1,280

Personal Expenses

300 – 600

3,600 – 7,200

$950 – $1,900


 3. Additional Costs

Item

Cost (SAR)

Notes

Visa & Residency (Iqama)

2,000 – 4,000

One-time or annual

Health Insurance

1,500 – 3,000

Often required for visa

Books & Supplies

1,500 – 3,000

Depends on the university

Flight Tickets (Round Trip)

2,000 – 4,000

From most regions


 Estimated Total Cost (2 Years)

University Type

Tuition + Living (2 Years)

USD Equivalent

Public (with no scholarship)

86,000 – 120,000 SAR

$22,900 – $32,000

Public (with scholarship)

35,000 – 60,000 SAR

$9,300 – $16,000

Private

140,000 – 180,000+ SAR

$37,300 – $48,000+


 Scholarships = Big Savings

  • Full tuition

  • Monthly stipend (up to 1,900 SAR/month)

  • Accommodation & healthcare

  • Visa & travel assistance


Admission Process for Masters in Accounting in Saudi Arabia


 Step-by-Step Admission Process

1.  Choose a University & Program

  • Research universities that offer Master’s in Accounting (e.g., KAU, KSU, SEU, Prince Sultan University).

  • Decide if you prefer English-taught or Arabic-taught programs.

  • Check if the university offers scholarships for international students.


2.  Prepare Required Documents

Required Document

Notes

Bachelor’s Degree

In Accounting or a related field (attested & translated if needed)

Academic Transcript

Showing GPA (minimum often 2.75 – 3.0 out of 4)

English Proficiency Test

IELTS (5.5–6.5) or TOEFL (65–80 iBT) – required for English programs

Personal Statement

Explaining your goals, interest in accounting, and why Saudi Arabia

CV / Resume

Include academic background, work experience (if any)

Letters of Recommendation

Usually 2 from professors or employers

Passport Copy

Valid for at least 1 year

Medical Report

Sometimes required during visa process

Police Clearance

Some universities ask for it during visa processing


3.  Apply Online

  • Go to the university’s official portal.

  • Create an account and submit the online application.

  • Upload all required documents.

  • Pay application fee (if applicable).

  • Choose if applying with or without a scholarship.

 Application Timeline:

  • Fall Intake (September): Apply between February – June

  • Spring Intake (January/February): Apply between September – November (available in some universities)


4.  Entrance Exam or Interview (if required)

  • Some programs may require:

    • Online entrance test (basic accounting, quantitative skills)

    • Interview (to assess academic motivation and language skills)


5.  Admission Decision

  • If accepted, you'll receive an official admission letter.

  • If you applied for a scholarship, you’ll be notified of the result separately.


6.  Student Visa Application

After admission:

  • The university helps issue a student visa invitation letter.

  • Apply for a residency visa (Iqama) through the Saudi embassy in your country.

  • Submit medical check-up results and police clearance if required.


7.  Travel & Enrollment

  • Arrive in Saudi Arabia before semester starts.

  • Complete final registration, medical check-up, and orientation at the university.


Scholarships for doing Masters in Accounting in Saudi Arabia


 1. King Abdulaziz University (KAU) Scholarship – Jeddah

What it Covers:

  • Full tuition waiver

  • Monthly stipend (up to 1,900 SAR / ~$500)

  • Free accommodation and meals

  • Healthcare

  • Airfare tickets (entry and return)

  • Research funding (in some cases)

Eligibility:

  • Bachelor’s degree in Accounting or related field

  • Good academic record (GPA 3.0+/4.0 preferred)

  • English language proficiency (IELTS/TOEFL if English-taught)

  • Under 35 years old


 2. King Saud University (KSU) Graduate Scholarship – Riyadh

Benefits:

  • Free tuition

  • Monthly allowance

  • Free housing (often on-campus)

  • Health services

  • Annual airfare ticket (round trip)

Notes:

  • Offered for a variety of programs including Accounting

  • Arabic proficiency may be required if the program is not in English


 3. Islamic University of Madinah Graduate Scholarship

For international male students only

  • Covers tuition, housing, monthly stipend, and medical care

  • Includes transportation and visa processing support

  • Relevant for students interested in Islamic finance and accounting principles


 4. Saudi Electronic University (SEU) – Competitive Tuition Support

  • Tuition discounts for high-achieving students

  • Flexible installment plans

  • Some programs are more affordable compared to private universities


 5. Ministry of Education (MoE) – Saudi Government Scholarships

What it includes:

  • Full tuition

  • Monthly stipend

  • Health insurance

  • Flight tickets

  • Cultural & academic support

How to Apply:

  • Apply directly to the university

  • Select the scholarship option during the application

  • The university submits your name to the Ministry for final approval


 Eligibility Criteria (Common for Most Scholarships)

  • Bachelor's degree in a related field (Accounting, Finance, Business, etc.)

  • Minimum GPA: Often 2.75–3.0 out of 4.0

  • Valid passport

  • Under 35 years old (typical upper limit)

  • Good moral conduct and physical/mental health

  • Not currently receiving another scholarship in KSA

  • English or Arabic proficiency depending on program


Career after Masters in Accounting in Saudi Arabia


 Top Career Paths After Master’s in Accounting

Role / Title

Description

Financial Accountant

Handle financial reporting, statements, and compliance

Auditor (Internal or External)

Work in corporate or audit firms (e.g., KPMG, PwC, EY)

Tax Consultant / Advisor

Help businesses comply with VAT, Zakat, and corporate taxes

Management Accountant

Budgeting, forecasting, and financial planning for businesses

Forensic Accountant

Investigate financial discrepancies and fraud cases

Accounting Lecturer or Researcher

Academic role in universities or research centers

CFO / Financial Manager (long-term)

Strategic leadership in finance departments


 Top Sectors Hiring Accounting Graduates in Saudi Arabia

  1. Big Four Accounting Firms

    • PwC, Deloitte, KPMG, Ernst & Young (EY)

    • Offices in Riyadh, Jeddah, and Dhahran

  2. Government and Public Sector

    • Ministry of Finance, General Auditing Bureau, Saudi Central Bank

    • High demand for auditors, analysts, and financial managers

  3. Banking & Finance

    • Al Rajhi Bank, SNB, Riyad Bank, and SAMA

    • Roles in compliance, auditing, and financial planning

  4. Multinational Companies (MNCs)

    • Aramco, SABIC, Ma’aden, and NEOM

    • Strategic finance, budgeting, and corporate accounting roles

  5. Startups & Tech Sector

    • Growing demand for accountants in fintech and e-commerce firms

    • Opportunities in Riyadh’s tech scene


 Salary Expectations (Monthly Average)

Position

Fresh Grad

2–5 Years Exp

Senior Level

Accountant

6,000 – 9,000 SAR

10,000 – 14,000 SAR

16,000+ SAR

Auditor

8,000 – 12,000 SAR

13,000 – 18,000 SAR

20,000+ SAR

Tax Consultant

9,000 – 12,000 SAR

14,000+ SAR

20,000+ SAR

Finance Manager / CFO

N/A

20,000+ SAR

30,000+ SAR

Lecturer (University)

10,000 – 16,000 SAR

With additional benefits like housing allowance

 


 Professional Certifications (Optional but Recommended)

  • CPA (Certified Public Accountant – US)

  • CMA (Certified Management Accountant)

  • CIA (Certified Internal Auditor)

  • SOCPA (Saudi Organization for Certified Public Accountants – local license)


 Work Opportunities Beyond KSA

  • UAE (Dubai, Abu Dhabi)

  • Qatar, Bahrain, Oman, and Kuwait

  • Multinational corporations globally

  • You’ll be competitive for jobs in firms needing Arabic-speaking professionals with knowledge of Islamic finance or VAT/Zakat regulations


Optional Career Paths

  • Entrepreneurship – Start your own accounting or consulting firm

  • PhD in Accounting – Continue into academia or research

  • Consulting – Work with business clients on performance improvement

  • Government advisory roles – Especially in audit or finance ministry departments