19 August 2025
4 minutes read
10 Accounting Scholarships To Study Abroad For Indian Students
19 August 2025
4 minutes read
Key Takeaways
- Accounting scholarships to study abroad can cut tuition costs by half or even fully cover them, making global education possible without massive loans.
- Choosing scholarships that match your profile matters more than applying to every option you find online.
- Strong essays, internships, and proof of commitment to the accounting profession often decide who becomes a scholarship recipient.
When students walk into our office and tell us they want to study accounting abroad, we don’t sugarcoat it. Actually… we cannot. An undergraduate degree in the US can easily cost 35 lakhs a year, and even the so-called affordable European schools will set you back 20 lakhs plus living expenses. I’ve seen parents drain retirement funds and students sign off on loans they’ll be repaying till their forties. That’s not a career plan, that’s a financial trap.
I also know this: the smartest students don’t just chase admissions, they chase scholarships. Real financial aid can cut that bill in half, sometimes even cover it completely. I’ve worked with students who once thought studying in UK or New York was a fantasy, only to graduate debt-free because they grabbed the right award at the right time.
In this blog I’m sharing ten scholarships that I’d actually recommend to my own students opportunities in accounting and finance that give you a fair shot at studying abroad without selling your future to a bank.
| Scholarship | Level | Eligibility Snapshot | What It Covers |
|---|---|---|---|
| Inlaks Shivdasani Foundation | Master’s / PhD | Indian citizen, under 30, first-class degree (65–70%), confirmed admission abroad | Tuition, living expenses, travel, health allowance up to USD 100,000 |
| Fulbright-Nehru Master’s Fellowship | Master’s (USA) | Indian citizen, ≥55% in bachelor’s, minimum 3 years work experience, leadership record, no prior US degree | Tuition, living costs, J-1 visa, airfare, health insurance |
| Australia Awards Scholarships | Master’s | Indian student from a developing nation, accepted into Australian institution, must return to India after study | Tuition, living allowance, airfare, health insurance |
| Tata Scholarship at Cornell University | Undergraduate | Indian citizen, schooled in India, admitted to Cornell UG, demonstrated financial need | Full tuition and living expenses |
| GREAT Scholarships (UK) | Postgraduate | Indian citizen, bachelor’s degree, offer from a UK university, English proficiency | Up to £10,000 tuition support, health allowance, one-way travel |
| Erasmus Mundus Joint Master’s | Master’s (Europe) | Indian citizen, ≤12 months in EU in last 5 years, meets target group criteria, strong academics | Tuition, living stipend, travel, insurance |
| Charpak Master’s Scholarship (France) | Master’s | Indian student, ≤30 years, admitted to a French institution | Tuition waiver up to €5,000, living allowance, visa and housing help |
| National Overseas Scholarship (Govt. of India) | Master’s / PhD | Indian from SC/ST or landless labourer background, ≤35 years, family income ≤ ₹8 lakh, ≥60% marks | Tuition, maintenance allowance (USD 15,400 or GBP 9,900 annually), contingency, airfare, insurance |
| Macquarie University Early Acceptance | UG / PG (Australia) | Indian student admitted early to Macquarie University | AUD 10,000 per year (~25% of tuition) |
| DAAD EPOS MIDE (Germany) | Master’s | From a developing country, ≥2 years work experience, committed to contributing to home country’s development | Tuition, monthly stipend, travel, health insurance |
How To Get An Accounting Scholarship To Study In Abroad?
While researching this blog, I noticed most sites ranking high on Google only drop names of scholarships to study abroad. No one shows the way to actually win them. And here’s the truth: not every scholar fits every scholarship program. Each accounting student has a profile that matches only certain scholarship opportunities. Applying to all only hurts your odds.
I’ve guided students long enough to know accounting scholarships are about focus, not luck.
1. Match Your Profile To The Right Scholarship Program
Accounting majors applying for undergraduate scholarship awards shouldn’t waste time on accounting doctoral fellowships. AICPA Foundation grants, for instance, are for accounting scholars pursuing the CPA exam and a career in public accounting. Always check eligibility, criterion, and renewal rules tied to accounting credits or GPA before you apply.
2. Prove More Than Grades
Scholarship recipients aren’t picked only for marks in a degree in accounting. Committees look for signs of commitment to the accounting profession—internships, CPA exam prep, leadership in a college of business. Merit means showing you’re ready for a full-time accounting career, not just studying accounting.
3. Treat The Essay Like A Pitch
Most scholarship essays read the same. That’s why recipients stand out by writing like they’re pitching a client. Show how your accounting program links to solving problems in the accounting industry. Mention projects, internships, or public accounting work. Make it specific, not generic.
4. Respect Deadline And Details
Miss a deadline or skip a criterion, and your scholarship application is dead. Financial aid offices don’t excuse mistakes. Upload every transcript, follow every instruction, and if the scholarship program says join the AICPA, do it. Precision is non-negotiable.
5. Think Beyond Tuition
Good scholarships for accounting students cover tuition. Great ones give mentoring, CPA networks, renewable funding for multiple academic years. International scholarships in accounting and finance can place you among accounting scholars worldwide, which matters long after graduation.
Conclusion
If you take one thing away from this, let it be this: don’t chase every award. Focus on the ones aligned with your journey in accounting and finance. Read the fine print, respect the deadlines, and treat your essay as proof that you belong in the accounting profession.
The students who win are not the ones who apply to everything; they are the ones who know which scholarship available is theirs to claim. Becoming an accountant with a global outlook is not just about getting into a top university, it’s about surviving the cost without losing years of your life to debt.
I know you still have questions, doubts, and maybe even confusion about which scholarships are right for you. That’s exactly where we can help. At Ambitio, our experts work one-on-one with students to map the right path, shortlist the best scholarships, and guide you through every step of the process. Book a 1-Hour call with our expert for No-Money.
FAQs
What types of scholarships are available for studying accounting abroad?
Merit-based, need-based, country-specific, university-specific, and private organization scholarships are common.
Can international students get fully funded scholarships for accounting studies abroad?
Yes, many scholarships cover full tuition, living expenses, and sometimes travel costs.
Are there scholarships specifically for accounting majors?
Yes, some scholarships are exclusively for accounting students at different degree levels, including undergraduate and postgraduate.
What are typical eligibility criteria for accounting scholarships abroad?
Strong academic records, leadership potential, financial need, and sometimes specific citizenship or region.
Can I apply for scholarships based on my interest in specialized accounting fields?
Yes, scholarships may be available for areas like forensic accounting, management accounting, or auditing.
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