Study Accounting in Australia - Comprehensive Guide!

Study Accounting in Australia - Comprehensive Guide!

Thinking about studying accounting in Australia? It’s a great choice! Australia has some of the best accounting universities in the world. Degrees from these universities are globally recognized. You can also get professional certifications like CPA Australia.

International students choose Australia for many reasons. The country has top universities, excellent job opportunities, and a welcoming environment. You can even apply for a post-study work permit to stay and work after graduation.

In this article, you’ll learn everything about how to study accounting in Australia. We’ll cover all the details to help you out with it.

Why Study Accounting in Australia?

Studying accounting comes with many benefits. In a country like Australia, there are even more opportunities. Let’s take a quick look at why international students choose Australia for accounting.

High-Quality Education

Australian universities are known for their world-class education. Many universities rank among the best in the world for accounting. They offer modern facilities, expert professors, and industry connections.

CPA Australia Certification

If you want to become a Certified Practising Accountant (CPA), Australia is a great place to study. Universities offer courses that prepare students for the CPA Australia certification.

Global Career Opportunities

An Australian accounting degree is recognized globally. Graduates can work in Australia, the UK, Canada, the US, and other countries. Many multinational companies recruit accounting graduates from Australian universities.

Multicultural Environment

Australia is home to students from all over the world. The country is safe, diverse, and welcoming. International students feel comfortable in cities like Sydney, Melbourne, and Brisbane.

Post-Study Work Permit and Positive Immigration

Australia offers a post-study work permit for international students. After graduation, students can stay and work for two to four years. Accounting is also a skilled occupation on Australia’s immigration list. It can make it easier for international students to obtain permanent residency.

Best Universities to Study Accounting in Australia

Here is our complete list of the top 10 Universities to Study Accounting in Australia. Our ranking criteria are mostly based on the QS World University ranking and the subject-wise ranking.

1. University of New South Wales

UNSW is among the top universities worldwide. It ranks 19th in the QS World University Rankings 2025. Its accounting and finance programs hold the 20th spot globally. Many successful people studied here, including Rebel Wilson and Scott Morrison. The university has a 60% acceptance rate for international students.

The UNSW Business School offers strong accounting programs. The faculty includes experienced professors and industry experts. Students gain practical knowledge with internships and networking events.

Campus life is vibrant. Over 300 student clubs keep things fun. Sports, wellness programs, and study spaces help students balance life and work. Career services support job placements and internships. If you want to study accounting in Australia, UNSW is a great choice!

Entry Requirements

Undergraduate:

• Degree: Bachelor of Commerce (Accounting Major)
• Certificate: Australian Year 12 or equivalent
• SAT: 1130+

Graduate:

• Degree: Bachelor’s degree in any field
• GPA: Credit average
• GMAT: 550+

English Proficiency:

• IELTS: Overall 6.5, at least 6.0 in each section
• TOEFL iBT: 90+

Tuition Fee:

Undergraduate: Around AUD 27,000 per year

Postgraduate: Around AUD 40,000 per year

2. University of Melbourne

The University of Melbourne ranks 13th globally in the latest QS World Rankings. It holds the 24th position for Accounting. The Faculty of Business and Economics offers top programs in accounting. Students gain hands-on experience through practicums and industry projects. The university partners with top firms, including the Big 4.

The campus provides excellent facilities. Libraries offer research resources and quiet study areas. Sports facilities include a gym, pool, and an athletics track. Over 200 clubs give students a rich campus life. The international acceptance rate is around 70-80%.  They find a welcoming and resourceful learning environment.

Entry Requirements

Undergraduate

• Degree: High school diploma or equivalent
• Certificate: Equivalent to the Victorian Certificate of Education (VCE)
• SAT: 1250+

Graduate

• Degree: Bachelor’s in a related field
• Certificate: Minimum Weighted Average Mark (WAM)
• GMAT: 680+

English Proficiency

• IELTS: 6.5 (Undergraduate), 7.0 (Graduate)
• TOEFL: 79 (Undergraduate), 94 (Graduate)
• PTE Academic: 58 (Undergraduate), 65 (Graduate)

Tuition Fees

Undergraduate: AUD 45,000 per year

Graduate: AUD 50,000 per year

3. University of Sydney

The University of Sydney ranks 18th in the world in the QS World Rankings. The acceptance rate for international students is 30%. It holds the 28th position globally in accounting and finance. It offers the most demanding programs in accounting. Moreover, the university provides real-life experience through industry engagement, simulations, and practicums. It also offers multiple libraries with extensive study spaces.

The campus includes a fitness gym, a six-lane heated indoor pool, and sports fields. Students can also participate in cultural activities in clubs and public lectures. All these make the University of Sydney a top choice for students worldwide.

Entry Requirements

Undergraduate

• Degree: High school diploma or equivalent
• Certificate: Equivalent to VCE
• SAT: 1050+

Graduate

• Degree: Bachelor’s in a related field
• Certificate: Minimum WAM requirement
• GMAT: 600+ (may require)

English Proficiency

IELTS: 6.5 (Undergrad), 7.0 (Graduate)

TOEFL: 79 (Undergrad), 94 (Graduate)

PTE Academic: 58 (Undergrad), 65 (Graduate)

Tuition Fees

Undergraduate: AUD 53,600 per year

Graduate: AUD 55,100 per year

4. University of Queensland

The University of Queensland (UQ) ranks 40th in the world. It ranks 54th globally for Accounting and Finance. UQ offers approximately 26 programs in accounting. The acceptance rate for international students is around 39-40%, which is quite accessible.

UQ provides learning spaces, research help, and student support. Students also get study skills workshops, social programs, and tech support. Moreover, the university welcomes 55% of international students.

Overall, UQ is a great place to study accounting. It offers strong programs, good rankings, and top research facilities. The university also supports students with excellent services and resources.

Entry Requirements

Undergraduate

• Degree: Equivalent to the Queensland Year 12 General subjects with a grade of C or higher in Units 3 and 4.
• SAT: 1000+

Graduate

• Degree: Completing an undergraduate degree with a minimum Weighted Average Mark (WAM).
• GMAT: 550+

English Proficiency

• IELTS: 6.5+ (No band less than 6.0) (Undergraduate), 7.0+ (No band less than 6.5) (Graduate)
• TOEFL: 79+ (Undergraduate), 94+ (Graduate)
• PTE Academic: 58+ (Undergraduate), 65+ (Graduate)

Tuition Fee

Undergraduate: AUD 44,288 per year

Graduate: AUD 50,000 per year

5. Monash University

Monash University ranks 37th in the world in the latest QS Rankings. It ranks 35th globally for Accounting and Finance. The university accepts about 40% of international students. Many famous people studied here, like actor Julian McMahon and politician Bill Shorten.

Monash offers top accounting programs. Students can study for a Bachelor of Commerce with an Accounting major. There are also postgraduate options, like the Master of Professional Accounting and a doctoral program. Expert teachers guide students using modern tools.

Students get strong support. They get research help, study spaces, workshops, and technical support. The university also has sports facilities, clubs, and cultural events.

For international students, Monash is a great choice. It offers strong academics, career opportunities, and great campus life.

Entry Requirements

Undergraduate:

• Degree: Bachelor of Commerce with an Accounting major
• Certificate: Similar to the Victorian Certificate of Education (VCE)

Graduate:

• Degree: Master of Professional Accounting or other programs
• Certificate: A strong undergraduate degree with a good WAM

English Proficiency:

• IELTS: 6.5 for undergrad, 7.0 for grad programs
• TOEFL: 79 for undergrad, 94 for grad programs

Tuition Fees:

Undergraduate: Around AUD 45,000 per year

Graduate: Around AUD 50,000 per year

6. Australian National University

The Australian National University (ANU) ranks 30th globally in the QS World Rankings. For Accounting and Finance, it ranks 57th. The university has notable alumni, including former Australian Prime Ministers Bob Hawke and Kevin Rudd. The acceptance rate for international students is 35%.

ANU offers top accounting programs. Students can pursue a Bachelor of Accounting, Master of Accounting, or a Doctoral Program in Accounting. The university also provides a Graduate Certificate in Business and a Graduate Diploma in Tax. Experts teach these courses with industry experience.

Moreover, the university supports students with study spaces, research help, and workshops. There are also many libraries and social engagement events that enhance student life.

Entry Requirements

Undergraduate:

Degree: High school completion with good grades.

Certificate: Equivalent to the Victorian Certificate of Education (VCE).

SAT: 1170+

Graduate:

Degree: Undergraduate degree with a minimum WAM.

GMAT: 550+ for some programs.

English Proficiency:

IELTS: 6.5+ (Undergraduate), 7.0+ (Graduate).

TOEFL: 80+ (Undergraduate), 94+ (Graduate).

Tuition Fee:

Undergraduate: AUD 39,024 per year.

Graduate: AUD 39,024 per year.

7. University of Western Australia

The University of Western Australia (UWA) ranks #77 in the QS World University Rankings 2025. It stands among the top universities in Australia. The international student acceptance rate is around 38%.

The accounting programs include a Bachelor of Commerce (Accounting). For postgraduates, UWA offers a Master of Professional Accounting and a Doctor of Philosophy (Accounting and Finance). Expert faculty members teach these programs. Students also get career support and access to modern libraries and labs.

Entry Requirements

Undergraduate:

Degree: High school completion (equivalent to Australian Year 12)

SAT: 1150+

Graduate:

Degree: Bachelor’s degree in a relevant field

GMAT: 550+

English Proficiency:

IELTS: 6.5

TOEFL iBT: 82

PTE Academic: 64

Tuition Fees

Undergraduate: AUD 35,400 per year

Postgraduate: AUD 35,400 per year

8. Deakin University

Deakin University ranks 197 in the latest QS World University Rankings. It has a 75% acceptance rate for international students. The accounting programs are designed with industry input. Professors are experts with real-world experience. The curriculum follows research-based updates. Students get hands-on learning in modern facilities.

Deakin has four campuses with advanced learning spaces. Its business school campus is in Burwood, Melbourne, Australia. This campus offers a vibrant community. Accounting students also benefit from career support services.

For international students, Deakin offers strong support. The university helps with visas, housing, and networking. It provides industry exposure through internships. Deakin gives students a global edge.

Entry Requirements

Undergraduate

Degree: High school completion certificate.

Graduate

Degree: Bachelor’s in a related field

GMAT: 550+ (some programs)

English Proficiency

IELTS: 6.5 (graduate), 6.0 (undergraduate)

TOEFL: 65+

Tuition Fees

Undergraduate: Around AUD 30,200 per year

Graduate: Around AUD 46,200 per year

Comparison of Best Universities to Study Accounting in Australia

Here is the table with the comparison of the best universities to study Accounting in Australia:

University	QS World Ranking	QS Ranking for Accounting	Top Offered Programs in Accounting	Tuition Fees (Undergraduate / Graduate)	International Students Acceptance Rate
University of New South Wales	19	20	Bachelor of Commerce (Accounting Major), Master of Accounting	AUD 27,000 / AUD 40,000	60%
University of Melbourne	13	24	Bachelor of Commerce, Master of Accounting	AUD 45,000 / AUD 50,000	70-80%
University of Sydney	18	28	Bachelor of Commerce, Master of Professional Accounting	AUD 53,600 / AUD 55,100	30%
University of Queensland	40	54	Bachelor of Commerce, Master of Accounting	AUD 44,288 / AUD 50,000	39-40%
Monash University	37	35	Bachelor of Commerce (Accounting Major), Master of Accounting	AUD 45,000 / AUD 50,000	40%
Australian National University	30	57	Bachelor of Accounting, Master of Accounting	AUD 39,024 / AUD 39,024	35%
University of Western Australia	77	Belong to top 100	Bachelor of Commerce (Accounting), Master of Professional Accounting	AUD 35,400 / AUD 35,400	38%
Deakin University	197	Belong to the top 200	Bachelor of Commerce (Accounting Major), Master of Accounting	AUD 30,200 / AUD 46,200	75%

How to Study Accounting in Australia for International Students

Before you start studying accounting in Australia, you must understand the admission process and requirements. We’ve already mentioned the entry requirements for each university earlier. Here’s a quick overview of what you actually need commonly.

• Academic Qualifications. For a bachelor’s degree, you need to complete high school. A strong GPA (around 70-80%) is preferred. For a master’s, a relevant undergraduate degree is required.
• English Proficiency. If English isn’t your first language, then you need to provide proof of a language test. Most universities accept IELTS (6.5-7.0) or TOEFL (80-100) scores.
• Personal Statements.
• Recommendation letters.
• Master’s programs require GMAT scores.
• To study in Australia, you need a Subclass 500 Student Visa.

Application Process

Applying to a Canadian university is straightforward. Here’s how it works:

• Choose a Program. Find an accounting course that matches your career goals.
• Check Admission Requirements. Meet the academic and language criteria.
• Prepare Your Documents. Gather transcripts, test scores, a personal statement, and recommendation letters.
• Apply Online. Submit applications through the university’s website or via an education agent.
• Pay the Application Fee. Fees usually range from AUD 100 to 150 per application.
• Wait for an Offer Letter. You will receive your Confirmation of Enrollment if accepted.

Pathway from Undergraduate to CPA in Australia

If you want to become a Certified Practising Accountant in Australia, follow these steps:

Earn an Accounting Degree

First, you need to complete an accounting degree. You can get a bachelor’s in accounting or something related, like finance or business. Make sure the program is accredited by CPA Australia. This degree will give you the knowledge you need for the next steps.

Complete the CPA Program

After finishing your degree, you must enroll in the CPA Program. This program has six subjects that cover topics like financial reporting, tax, and strategy. You will also complete practical tasks and exams to show your skills.

Gain Work Experience

You must have worked for at least three years in a related job. Jobs like accountant, auditor, or financial analyst will help you. The work you do must meet CPA Australia’s requirements. This gives you real-world experience in accounting.

Meet CPA Australia Requirements

After completing the education and work experience, you can apply for your CPA. Submit your application to CPA Australia with proof of your degree and experience. You will also need to pass exams to show you are ready to practice as a CPA in Australia.

Cost of Studying Accounting in Australia

Tuition fees for accounting programs in Australia vary. It will mostly depend on the universities and the level of study. Here’s a summary of the tuition fees for some of the top universities offering accounting programs:

University	Undergraduate Tuition Fee (AUD/year)	Graduate Tuition Fee (AUD/year)
University of New South Wales	27,000	40,000
University of Melbourne	45,000	50,000
University of Sydney	53,600	55,100
University of Queensland	44,288	50,000
Monash University	45,000	50,000
Australian National University	39,024	39,024
University of Western Australia	35,400	35,400
Deakin University	30,200	46,200

Estimated Cost of Studying Accounting in Australia for International Students

Program Level	Average Tuition (AUD/year)	Scholarships Available	Financial Aid Options
Undergraduate	27,000 – 53,600	Scholarships are available at most universities (e.g., UNSW, Melbourne, UQ)	Limited, often merit-based and competitive
Graduate	39,024 – 55,100	Various scholarships for postgraduate students	Merit-based, need-based, and external funding options
Diploma	20,000 – 30,000	Few scholarships for diploma students	Some universities offer financial support for diploma programs

Scholarships and Financial Aid for International Students

Studying in Australia can be comparatively costly. Thankfully, there are many scholarships and financial aid programs available to help international students. These scholarships are available for both undergraduate and postgraduate accounting programs in Accounting.

Some scholarships are based on academic performance. Others might be available depending on financial need. There are also scholarships for students from specific countries or regions. Many of these scholarships apply to accounting degrees as well.

So many scholarships and financial aid options are available for international students in Australia. Many of them are also applicable to accounting studies. For example,

• Australia Awards Scholarships
• Research Training Program (RTP)
• University-specific scholarships

While there are scholarship options available, competition is very high. Also, the amount of financial aid for international students is limited compared to domestic students.

Popular Scholarships for International Students Studying Accounting in Australia

Scholarship Name	Amount	Eligibility
Australia Awards Scholarships	Full tuition fees, travel expenses, living costs, health insurance	Exceptional academic background, citizen of a participating country, return to home country after studies
Research Training Program (RTP)	Tuition fee offset, living stipends, OSHC expenses	Research-based master's and Doctorate programs, all countries eligible
Deakin Vice-Chancellor’s International Scholarship	Up to 100% of tuition fees	At least 85% of the average score in previous studies meets Deakin University requirements.
Melbourne Research Scholarships	Full fee offset, living allowance of $31,200 per year, OSHC, relocation grant	Masters and doctoral research studies at the University of Melbourne
Charles Darwin University Scholarships	Up to 50% tuition fee	Undergraduate, Masters, PhD, and training programs at Charles Darwin University
Griffith University Scholarships	Fully funded or partially funded	Undergraduate, postgraduate, or postdoctoral studies at Griffith University
University of Newcastle International Excellence Scholarship	Up to AUD $24,000 over a 4-year degree	International full-fee paying student, eligible for CRICOS-registered course, meets financial obligations, no other university scholarship.
Sydney International Undergraduate Academic Excellence Scholarship	100% tuition fees and Student Services Amenities Fee	International students who applied for and enrolled in a full-time degree, with no previous tertiary studies

Career Opportunities after Studying Accounting in Australia

Graduating with an accounting degree in Australia opens many career doors. Accounting skills are in demand in Australia and worldwide. You can work in several fields and roles. Qualifications from Australian universities are highly respected. Many international students stay in Australia after graduation to gain experience and start their careers.

After completing your degree, there are many job options in accounting. Some of the popular career choices include:

• Public Accountant
• Forensic Accountant
• Management Accountant
• Tax Accountant
• Auditor
• Financial Analyst
• Corporate Treasurer
• Consultant

Post-Graduation Career Prospects

Accounting jobs are really in high demand across various industries. Be it financial services, healthcare, or corporate sectors. Australia even offers competitive salaries for accounting jobs, with entry-level positions averaging around AUD 60,000 annually. Bustling cities like Sydney and Melbourne are hubs for financial business and offer numerous job opportunities for accountants.

Also, Australia has a strong demand for skilled accountants. Accounting is often listed on the Skilled Occupation List (SOL) for visa sponsorship.

Australia offers a Temporary Graduate Visa (subclass 485) for international students. This visa allows you to live and work in Australia for up to 4 years after graduation. It’s a great way to gain work experience in Australia. You can apply for permanent residency through the Skilled Migration Program if you want to stay longer.

Frequently Asked Questions

How long does it take to study accounting in Australia?

A Bachelor's degree in accounting takes 3 years in Australia. a Master of Professional Accounting (MPA) degree takes two years to complete. Some advanced professional accounting courses can be completed in 1.5 years.

What are the eligibility criteria for international students to study accounting in Australia?

Students need a Year 12 certificate(equivalent to VCE). They must have an IELTS score of 6.5. No band should be below 6.0.

What is the cost of studying accounting in Australia for international students?

Tuition fees range from AUD 20,000 to AUD 80,000 per year. The cost depends on the university and course.

Which accounting course is best for international students in Australia?

The best course depends on career goals. Options include Bachelor's, Master's, and diplomas.

Can I stay in Australia after completing my accounting degree?

Yes, accounting graduates can apply for a post-study work visa.

What is the process for international students to become a CPA in Australia?

Students need an approved degree, work experience, and CPA exam success.

How long does it take to become a CPA in Australia?

It takes about 6 years, including education and work experience.

Are internships available for accounting students in Australia?

Yes, many universities and firms offer internships for students.

What are the top universities for studying accounting in Australia?

Top universities include the University of Melbourne, UNSW, Sydney, and ANU.

What is the scope of accounting careers in Australia after graduation?

Graduates can work in firms, banks, and government offices. Job demand is strong.

Conclusion

Now you have enough information on how to study accounting in Australia and what you need. With top universities, affordable living costs, and strong career prospects, it’s an excellent choice. The country supports students with scholarships, financial aid, and post-graduation work options. Whether you want to become an accountant, auditor, or financial analyst, Australia provides great opportunities. Studying accounting here can be a lifetime investment for your future!

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