Teachers – Want a Private Education For Your Children But You Cannot Afford It?

You need to teach overseas! Pick a country, any country, and there will be at least one international school there. International Schools offer private education for expatriate’s children worldwide. And, while most of the parents have to pay school fees, one of the conditions nearly always included in the contracts of international teachers is free education for the teachers’ children. There are over 4000 international schools worldwide, all requiring teachers to staff them, many of them offering excellent quality private education.

Picking a school that suits both your children’s needs and yours can be challenging, but it is possible. In a recent interview I conducted with international teachers, Maggie Hos-McGrane, an international teacher of 19 years experience said that after she had completed her research she’d found only 30 of the more than 4000 international schools suited both her and her children. If you have children, here are some things you should consider when applying for teaching posts abroad in international schools.

Is the school a profit making enterprise?

There are a number of different kinds of international schools to choose from, some are run by a board and are not designed to make a profit, and others are run by an individual or company in order to make a profit.

As a teacher you will be concerned that the school’s educational philosophy matches your own. As a parent you want to insure that your children’s education is the priority of the school, rather than the amount of money spent on educational materials and the effect that will have on the school’s owner’s profit.

There are some directors or owners of international schools that may be more interested in the financial benefits of running a school than the education benefits to the students. Be aware, both as a prospective employee and as a parent.

Is the school accredited?

International schools can become accredited by an organization that sets educational and operational standards for international education institutions. One such organization is the Council of International Schools (CIS). In order for an international school to become accredited by CIS, they must go through a rigorous appraisal process which looks at the staff and management, the facilities and, the quality of teaching and learning in the school.

If an international school is accredited, then you can be confident that the quality of education provided by the school is high. Most schools that are accredited by an organization like CIS advertise their status on their webpage, brochures and stationery.

Other organizations that offer accreditation for international schools are NEASC, COBISEC, ISCIS and the Association of Christian Schools International, to name a few.

How many students are in the school?

This is particularly of concern for parents of high school aged children as the number of students in a school may affect the number of subject choices offered at higher levels. For example, if there are only 30 students in the graduating class, then the school will have to limit the number of subjects being offered to make it cost effective. This can often affect profit and non-profit making schools alike.

Additionally, the number of students in the school can affect the number and type of extra curricular activities offered, and therefore your child’s opportunities to experience team sports and other activities that are usually run after school.

When a school has a large number of students, this can also mean that the school is more likely to have a well-stocked library, well equipped laboratories, up-to-date computer equipment and outdoor activity areas. This is usually true of larger schools simply because there is a larger pot of money to fund these facilities from.

On the other hand a school that has thousands of students, while usually offering a wide variety of subjects and activities for students, can often be an anonymous place for children. It is up to you to decide what a good balance is for you and your family.

Which curricula do the schools subscribe to?

There are international schools abroad that offer what is essentially a national curriculum. In fact, in the case of many British schools abroad, it’s even called the National Curriculum.

You can find international schools that are running the national curriculum from America, the UK, Australia, Canada, France (usually taught in French), and so on. Securing a teaching contract in an international school that offers the national curriculum that you and your children are used to will help ease the transition. However, you are not limited by the curricula that you have taught in the past, international schools are generally looking for good teachers and realize that teachers can adapt and teach any curriculum.

When you are looking for a good school for your children, you may run up against some curricula that you haven’t come across before. For example, there is the school wide system offered by the International Baccalaureate Organisation (IBO). The IBO offers the Primary Years Programme up to Year 6, the Middle Years Programme from Years 7 to 11, and the Diploma Years Programme for Years 12 and 13.

Which examinations will your children be working towards?

There are a number of examinations available for international school students, and you will need to understand the options before making any decisions about accepting an employment contract.

I mentioned the IBO previously as being a school wide programme. However many schools adopt bits and pieces of the programme. You may find that an international school offers the Diploma for the upper two years but offers the British IGCSE for Years 10 and 11. IGCSE is an examination based qualification, and the IBO Middle Years Programme has no formal examination assessment, students get a certificate and a record of achievement. Some international schools have a mix and match attitude to the curricula offered.

International schools that run national curricula tend to prepare students for the related national exams. American schools overseas run a mixture of state curricula and AP courses.

In this article I have listed just a few of the factors you’ll need to consider if you would like to get a private education for your children by teaching overseas. While I don’t have any children of my own, many of my colleagues do, and they believe that the education their children are receiving abroad is better than what they could get back home, wherever home may be.

Benefits of Hiring an International Educational Consultancy

Educational consultants are experts who provide individual guidance to students in their search for the perfect college, and help them with applications, scholarships and the entire process of college admissions. These consultants study the admission processes of colleges and universities, and gain knowledge about the basic minimum requirements to determine the simplest processes of gaining admission. They interact with admissions officers in various colleges to ensure that they have current knowledge of any changes that take place on campuses. They provide reliable information and educational planning for the student’s career. They also give advice to students and counsel them about the best course that would be optimally suited to their talents and inclination.

A high quality international education consultant is needed for achieving and developing international student enrollments. These consultants organize education consultancy fairs and exhibitions to set up an environment for a meeting between consultants and students. They offer programs for personality enhancement which is aimed at developing personality of participants including communication skills, leadership skills, presentation skills etc. By working closely with the students, the consultant develops an understanding of their capabilities, requirements and placements needs.

Educational consultants assist the students in applying for financial loans or arranging the necessary funding. Students need help in arranging well organized financial documents within the given time and in the required format. It is the responsibility of an education consultant to plan and assist students and educational organizations with the best educational planning methods. They help in choosing the most suitable institution, arrange accommodation facility and also book air tickets. Thus we can see that international consultants are a one stop shop catering to all the requirements of the student till they are safely ensconced in their preferred destination. Through specific training, the students are able to sharpen their skills and meet the minimum requirements for successful admissions. They prepare a systematic progress report on each and every student and inform their progress to the parents. International education guide and organizations also offer personality development programs that help the students to sail successfully through campus interviews, internship and personal interviews.

A degree from an internationally acclaimed university is of high value in your career path. Successful students can earn their place in reputed organizations and advance their career rapidly. It is clear that the international education consultants plays a vital role in guiding the students along the right career direction in various spheres of education.

Globalization and Its Impact on Accounting Education

Globalization, defined by dictionary.com as ‘worldwide integration and development,’ is a movement that has affected many industries worldwide. One of the main industries affected by globalization is the accounting industry, including college accounting education. College accounting education has been affected by the 150 credit hour requirement to sit for the CPA, and the issue of Generally Accepted Accounting Principles (GAAP) vs. International Financial Reporting Standards (IFRS). The accounting industry has been affected by the changes in accounting education and the consequent learning gaps between students from different countries.

The United States has recently implemented a 150 credit hour requirement in order for students to be able to sit for the CPA exam. This requirement was put in place to improve the preparation of students for the profession and increase their chances of success on the CPA exam. Before this rule, students were only required to have 120 credits before they could take the exam. The additional 30 credits is beneficial to students because it allows them to become more well-rounded students by taking more accounting courses, learning more about the accounting profession, and pursuing an MBA.

While the 150 credit hour rule is beneficial to the students that it applies to, the rule does not apply to all accounting students worldwide, therefore creating a learning gap in accounting education. In some countries outside of the United States, an accounting degree is the only prerequisite required to sit for the CPA exam. This learning gap is magnified as a result of accounting firms following the trend of globalization and expanding their practice into multiple countries. The result will be accounting students from different countries having the same qualifications, but varying technical skills and knowledge.

Another way that accounting education has been affected by globalization is the conflict between GAAP and IFRS. GAAP is the set of accounting principles used in United States, and American companies are required to follow GAAP standards when reporting and analyzing financial information. Students in the United States will have to learn the GAAP principles, but these principles will not be enforced internationally.

The result of this would be American students learning two sets of accounting principles: GAAP and IFRS. IFRS is used internationally by over one hundred countries to report their financial statements. The use of IFRS is supported by the International Accounting Education Standards Board, which was established to “serve the public interest by the world-wide advancement of education and development for professional accountants leading to harmonized standards (Needles, S70).”

The goal of IFRS is to create a uniform set of standards for all countries so they can compare financial statements internationally. The immediate way to make this happen would be to withdrawal GAAP from use in the United States and switch to IFRS. Though this method would solve the issue of the conflicting sets of standards, it would cause a multitude of other problems within college accounting education. Professors would need to learn the new IFRS rules, and then re-work their class structures and learning objectives accordingly. Also, new textbooks would have to be produced with information on the updated IFRS rules, and less emphasis on the GAAP principles. While an immediate change to IFRS from GAAP in the United States would be problematic, a change over time is the goal that should be pursued. “The Securities Exchange Commission has announced that it will attempt to abandon the use of GAAP and move towards IFRS (Scanlan).” The production of new textbooks would have to begin almost immediately so the textbooks could be circulated to schools around the United States within the next few years. New courses addressing the change from the use of GAAP to the use of IFRS would then have to be implemented into school curriculums within the same time period of the textbooks being circulated.

The switch from the use of GAAP to IFRS should also be a goal that is being worked towards in the professional accounting industry. Several benefits would come from achieving this goal, such as providing a common framework that supports the globalization of capital markets, allowing financial performance to be better understood globally, and strengthening accounting practice internationally. “It is encouraging that the majority of the Fortune Global 500 companies are likely to use IFRS (or word-for-word IFRS equivalents) by 2015 (Needles 603).”

Overall, globalization’s impact on accounting education and the accounting industry has been substantial, and cannot be ignored. The 150 credit hour rule, which is not currently enforced in all countries, has created a knowledge gap between professionals who have been educated in different countries. The trend of accounting firms expanding their business internationally has forced the United States to acknowledge the idea of adopting a set of accounting principles that is recognized internationally. As a result, the accounting education practice in the United States will have to adjust to match the trends of the accounting industry. In the end, the changes caused by globalization will help the accounting industry in the United States become more internationally friendly, as well as help accounting students become more prepared to take on the challenges they will face when they get into the industry.

Works Cited

Needles, Belverd E. “Accounting Education: The Impact of Globalization.”Accounting Education 19.6 (2010): 601-05. Business Source Complete [EBSCO]. Web. 12 Oct. 2015.

Needles, Belverd E. “International Education Standards (IES): Issues of Implementation A Report on the Third IAAER Globalization Roundtable.” Accounting Education 17.(2008):69-79. Business Source Premier. Web. 12 Oct. 2015.

Scanlan, Bill. “Globalization’s Impact on Accounting Education.”Articlesbase. Articlesbase Ltd., 09 Nov. 2011. Web. 08 Nov. 2015.