BusinessBecause spoke to master’s graduate Ed Yixiang Wang and Professor Kai Wai Hui about how the degree prepares graduates for careers in accounting, auditing, consulting, and finance, meeting the growing demand for tech-savvy professionals.
Choose a program that gives you a good grounding in accounting
Ed pursued his Macct at Hong Kong University (HKU). HKU’s program is designed to provide students with a solid knowledge base and the practical skills they will need in their careers.
A MAcct will give students a foundation in accounting expertise, taking in finance, management, auditing, law and taxes.
Ed, from China’s Shandong province, says it was important for him to complete a master’s degree in order to secure the level of employment he aspired to. “My reason to study was partly cultural… it’s important to have a higher degree, but I had learned accounting in my bachelor’s, and it was my area of interest.”
"The Master of Accounting program is designed to equip students with a comprehensive and versatile skill set essential for success in the dynamic accounting and finance industries," says Professor Hui. The program will help graduates develop expertise in areas including financial valuation and strategy, ESG reporting, and risk management.
Develop a 360-degree view of business… and AI
Studying at HKU, consistently ranked among the best business schools in Asia, gave Ed not only the knowledge he needed to secure his Certified Public Accountant (CPA) license, but knowledge of business more generally, he says. “You not only learn accounting rules and policies, but you learn how to read financial reports and how to analyze the data they contain.”
Of his CPA Ed (right) notes that studying at HKU entitled him to nine course exemptions meaning he only had to take four course examinations in order to secure the qualification—allowing him to fast track his career progression. 
"The accounting and finance industry is undergoing rapid transformation driven by technological advancements, evolving regulations, and shifting market demands," observes Professor Hui (below). "Beyond technological progress, increased emphasis on data analytics and risk management has also reshaped industry practices. Additionally, regulatory frameworks are becoming more complex, requiring professionals to stay informed, agile, and adaptable.
"Our program is designed to proactively address these industry shifts. The curriculum continuously integrates emerging trends and technological innovations, ensuring students develop relevant technical skills such as data analytics, financial analysis, and risk assessment. We also emphasize ethical practices, regulatory compliance, and strategic thinking to equip students with the confidence to navigate an evolving landscape."
A MAcct will help you develop a network of fellow professionals
Networking was also a highlight of HKU’s program. Ed went on to secure his first post-master’s role—preparing financial statements at a private equity and fund administrator—through a fellow student. The job acted as a springboard to his current position with CSOP Asset Management in Hong Kong.
A MAcct can also connect students with professionals already working in their area of interest, as well as academics and past alumni.
A MAcct will help develop softer skills, too
A MAcct program not only teaches accountancy skills but communication and leadership skills, preparing students to interact effectively with colleagues and clients.
Ed adds that one of the most important things he learned on his program was how to learn. “Knowing how to acquire knowledge is a great skill. Not everything I learned during my studies is relevant to my work, but I learned how to learn new things, and in my job I need to learn new things every day,” he says. He is, for example, currently writing code and recognizes that the skills he acquired at HKU help him keep up with the fast pace of technological change. “Learning better time management was also key,” he adds.
Flexibility
As with many industries, advances in tech are changing the worlds of accounting, auditing, and consulting. A MAcct can help equip students with the flexibility and agility to adapt to these changes.
The program emphasizes the critical role that emerging technologies play in shaping the future of the accounting profession. As new technologies such as artificial intelligence (AI), machine learning, blockchain, and bots continue to evolve, they are fundamentally transforming how accounting, finance, and related industries operate
"This course prepares students to understand and navigate these technological shifts by first introducing key innovations and their underlying principles," concludes Professor Hui. "Beyond technical knowledge, students will also cultivate important career perspectives, learning how to position themselves at the forefront of technological advancements within the accounting profession."
