Top Accounting Universities in Australia

Top Accounting Universities in Australia

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Ramala BhandariThu Nov 11 2021

An accounting degree obtained from Australia is highly regarded throughout the world. The universities in Australia offer diplomas, bachelor degrees, master degrees, graduate certificates and diplomas and PhD in the fields of accounting. 

Bachelor degree in Accounting from top accounting Universities in Australia is accredited by Certified Practising Accountants Australia (CPA Australia) and Chartered Accountants Australia and New Zealand (CAANZ). 

Additionally, it also satisfies the admission requirements of a professional body like the Institute of Public Accountants (IPA).

Master of Professional Accounting is accredited by the Association of Chartered Certified Accountants (ACCA), CPA Australia and Chartered Accountants Australia and New Zealand (CAANZ). 

As a result, once you graduate, you will get highly paid jobs in the sectors of accounting and commerce. 

In this guide, you will find about the most popular universities for accounting in Australia: tuition fees, scholarships, eligibility criteria and what not. 

Top Universities for Accounting in Australia

These are the top universities in Australia for accounting and finance programs.

Ranking in Australia

Global Ranking

University

Location

1

10

University of Melbourne

Parkville, Australia

2

10

University of New South Wales (UNSW Sydney)

Sydney, Australia

3

18

University of Sydney

Sydney, Australia

4

23

Monash University

Melbourne, Australia

5

27

Australian National University

Canberra, Australia

6

38

University of Queensland

Brisbane, Australia

7

51-100

Macquire University

Sydney, Australia

8

51-100

RMIT University

Melbourne, Australia

9

51-100

University of Adelaide

Adelaide, Australia

10

51-100

University of Western Australia

Perth, Australia

11

51-100

University of Technology Sydney

Haymarket, Australia

12

101-150

Curtin University

Perth, Australia

13

101-150

Deakin University

Geelong, Australia

14

101-150

La Trobe University

Melbourne, Australia

15

101-150

Queensland University of Technology (QUT)

Brisbane, Australia

16

101-150

University of South Australia

Magill, Australia

17

151-200

University of Wollongong

Wollongong, Australia

Top Accounting Universities in Australia: Bachelor of Accounting

Graduates with an Accounting or Accounting and Finance Major may be eligible to apply for membership of CPA Australia (CPAA), Chartered Accountants Australia and New Zealand (CAANZ), the Association of Chartered Certified Accountants (ACCA) or the Institute of Public Accountants (IPA).

Bachelor of Accounting Programs

University

Bachelor of Accountancy programs

RMIT University

Bachelor of Business (Accountancy)

Bachelor of Business (Professional Accountancy)

La Trobe University

Bachelor of Accounting

Bachelor of Business (Accounting & Finance)

Bachelor of Business (Accounting)

Queensland University of Technology

Bachelor of Business in Accountancy

Federation University Australia

Bachelor of Professional Accounting

University of New Castle

Bachelor of Business/ Bachelor of Commerce

Bachelor of Commerce/ Bachelor of Innovation and Entrepreneurship

Bachelor of Commerce/ Bachelor of laws

Bachelor of Commerce

Bachelor of Commerce (Honours)

Bachelor of Commerce/ Bachelor of Business Analytics

Western Sydney University

Bachelor of Business (Accounting)

Bachelor of Accounting/ Diploma of Law

University of Canberra

Bachelor of Accounting

Bachelor of Commerce (Accounting and Finance)

Swinburne University

Bachelor of Accounting

Majors: 

  • Accounting
  • Accounting and Financial Planning

Australian National University

Bachelor of Accounting

University of South Australia

BComm (Accounting) (Pathway to Master of Management) (Advertising and Brand Management)

Monash University

Bachelor of Accounting

Eligibility

Document Checklist

  • The academic document such as transcripts, character certificates and provisional certificates of +2 and class 10.
  • Valid English Language Scores
  • Statement of Purpose
  • Letter of Recommendations if asked by the university
  • Application fees
  • Identification documents like passport
  • Proof of funds (Financial documents from sponsor letter to tuition fee payment receipt to property papers )

Academic Requirements

Students need to successfully complete high school/ Australian 12-year education or its international equivalent with a minimum of 50%. While some universities specifically ask for mathematics and English paper at the intermediate level, knowledge of Mathematics and English is a huge plus in almost every university. 

English test scores

If you are an international student from an English non-speaking country, English test scores are mandatory requirements for study in Australia. 

The minimum English test score required to study bachelor of accounting in most Australian Universities are:  

  • IELTS: 6.0, with a minimum of 6.0 in each band
  • TOEFL: 60-75, with a minimum subscore of 15
  • PTE: 50, with a minimum subscore of 50

Nonetheless, some universities ask cut-off IELTS Score of 6.5 with no section score less than 6.0 or an equivalent score in other tests. 

Top Accounting Universities in Australia: Bachelor of Accounting Tuition Fees

University

Annual fees in AUD

Swinburne University

33,100

University of Canberra

32,800

University of New Castle

30,735

Flinders University

33,700

Deakin University

35,800

University of New South Australia

32,600

University of New South Wales

44,880

University of Melbourne

44,746

University of Adelaide

43,000

University of Western Australia

39,500

Top Accounting Universities in Australia: Master of Accounting

Master of Accounting Programs

University

Courses

University of New South Australia

Master of Finance (Financial Planning)

University of Melbourne 

Master of Management (Accounting and Finance)

Master of Management (Accounting)

Master of Tax

University of Adelaide

Master of Accounting and Finance

Master of Accounting

Master of Professional Accounting

Master of Accounting and Marketing

Master of Advanced Economics

Master of Applied Finance

Master of Finance and Business Economics

University of Sydney

Master of Commerce

Master of Professional Accounting

Master of Commerce (extension)

University of Western Australia

Master of Applied Finance

Master of Profesional Accounting

Master of Profesional Accounting (Chartered Accounting)

Master of Economics

Deakin University

Master of Commerce

Master of Financial Planning

Master of International Finance

Master of Professional Accounting

Eligibility

Document Checklist

  • Academic documents of all of schools and colleges attended before (Bachelor, High school and class 10). The academic documents need to meet the requirements listed below. The academic document includes transcripts, character certificates and provisional certificates. 
  • English Langauge Scores- Should be valid
  • Statement of Purpose
  • Experience letter for gap
  • Letter of Recommendations if asked by the university
  • Identification documents like passport
  • Proof of funds (Financial documents from sponsor letter to tuition fee payment receipt to property papers )

Academic Requirements

To study Master of Accounting in Australian Universities, applicants need to pass 3-4 year bachelor degree or international equivalent in disciplines such as Accounting, Actuarial Studies, Business, Business information systems, Computing Science, Economics, Finance, International Business, Management, Marketing, Mathematics, Statistics with a minimum of 50%. 

Applicants with degrees in other fields can also apply if they have relevant professional experience of a minimum of 2 years. 

General English test scores

The international students from English, not speaking countries need to take the English proficiency test and bring minimum scores of:  

  • IELTS: 6.0- 6.5, with a minimum of 6.0 in each band
  • TOEFL: 70-85, with a minimum subscore of 18
  • PTE: 50-58, with a minimum subscore of 50

Top Accounting Universities in Australia: Master of Accounting Fees

University

Annual tuition fees in AUD

University of Sydney

52,500

University of Adelaide

47,500

Monash University

45,800

Australian National University

45,360

University of Canberra

33,000

University of Queensland

44,272

University of Southern Queensland

23,000

University of Melbourne

45,824

University of Western Australia

33,400

Graduate Accounting Certificates

  • A Graduate Certificate in Financial Planning
  • Graduate Diploma in Financial Planning
  • Graduate Diploma in professional accounting
  • Graduate Diploma in applied finance
  • Graduate Diploma in Applied Economics
  • Graduate Diploma in Commerce
  • Graduate Diploma in Tax
  • Graduate Diploma in Commerce

Top Accounting Universities in Australia: PhD in Accounting

PhD in Accounting Programs

University

Doctorate

University of Melbourne

Doctoral Program in Accounting

Doctoral program in Economics

Doctoral program in Finance

Curtin University

Doctor of Philosophy- Accounting

University of Sydney

Doctor of Philosophy (Business)

University of South Australia

Doctor of Philosophy- Commerce

Eligibility

Document Checklist

  • Academic documents such as transcripts, character certificates and provisional certificates of masters, bachelor, and intermediate levels 
  • English Langauge Scores- Should be valid
  • Statement of Purpose
  • Experience letter for gap
  • Letter of Recommendations if asked by the university
  • Identification documents like passport
  • Proof of funds (Financial documents from sponsor letter to tuition fee payment receipt to property papers )
  • GRE (310-324)/GMAT (360-380) scores

Academic Requirements

  • Applicants need to hold a bachelor degree in relevant discipline with a minimum of 75% or international equivalent in final year subjects. 
  • Applicants need to complete a thesis-based master degree or master degree with a substantial research component or equivalent and also complete a thesis.
  • Candidates need to find and finalize the supervisor. However, for some universities like the University of Sydney, you need not find a supervisor before applying since the business school of Sydney will do that for applicants during the admission process. 
  • For some universities, submitting a research proposal is also an admission Requirement.
  • Personal statement
  • 2-3 referee reports

English test scores

The international students from English not speaking countries need to take the English proficiency test and bring the following cut-off scores for consideration into admission. 

  • IELTS: IELTS Academic of 6.5- 7.0, with a minimum of 6.0 in each band
  • TOEFL: 79-94, with a minimum subscore of 19 in each band
  • PTE: 58-65, with a minimum subscore of 50

Top Accounting Universities in Australia: PhD in Accounting Fees

University

Annual tuition fees in AUD

University of Melbourne

45,824

RMIT University

36,480

University of New South Wales

35,040

University of Sydney

50,000

University of South Australia

35,900

Top Accounting Universities in Australia: Scholarships Available

University

Scholarship

Value and Eligibility

Deakin University

Vice-Chancellor’s Academic Excellence Scholarship

Eligibility: ATAR Score of 95 and more

Value: 100% of tuition fee waiver and AUD 5,000 per year as stipend. 

Deakin Student Support Scholarship

Value: $5,000 paid per year as cash or towards tuition or a combination

Deakin Student Support Scholarship

Value: up to $10,000 per year

Deakin Achieving Potential Scholarship

Value: Up to 50% waiver in tuition fees

Deakin Sanctuary Scholarships

Value: $5,000 paid per year as cash or towards tuition or a combination

Deakin International Merit Scholarship (South Asia- Onshore)

Value: 20 or 25% discount on your tuition fees

Australian National University

American Australian Association Arts Fund

Up to USD 20,000

ANU Chancellor’s International Scholarship

25% to 50% tuition fee waiver for the entire study period. 

ANU College of Business and Economics Community Engagement Award

Value: One-off payment of AUD 1000

Number of Scholarships: 4

ANU College of Business and Economics International Graduate Scholarship

50% waiver in tuition fees

ANU College of Business and Economics International Scholarship for Foundation Studies

Value: 50% waiver in tuition fees

Number of Scholarships: 2

Griffith University

Griffith Remarkable Scholarship

50% waiver in tuition fees

 

Global Study Awards

Varies

Other than this also there are other financial aids for eligible students. For example, all the candidates who get an offer for a graduate research program at the University of Melbourne receive a yearly living stipend of AUD 31,200 and tuition fees waived for up to 5 years. 

Top Accounting Universities in Australia: Scope and Career Opportunities

Accounting graduates can find career opportunities and employment in a wide range of areas including:

  • Accounting firms
  • Financial management firms
  • Investment advisory organisations
  • Financial planning firms
  • Government departments
  • Self-employment.

An accounting school in Australia prepares graduates for careers in the accounting, investment and finance industries. Graduates may be employed by small or large companies worldwide, including private practices, government-owned entities and banks in the accounting roles listed below:

  • Accountant
  • Financial analyst
  • Financial consultant
  • Investment analyst
  • Financial manager
  • Financial broker
  • Chief financial officer
  • Accounts officer
  • Auditor
  • Tax accountant
  • Financial accountant
  • Management accountant
  • Financial controller

The table below demonstrates the accounting jobs available in Australia and the average salary per annum earned by accounting professionals. 

Job title

Salary range per year in AUD

Financial Analyst

47,000- 65,000

Financial Manager

60,000-92,500

Accountant

45,000-76,000

Auditor

40,000- 80,000

Tax Accountant

50,000- 70,000

Forensic Accountant

40,000- 65,000

Investment Consultant

52,000-67,000

Business Analyst

48,000- 82,000

 

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