Australia is generally known for its stunning natural landscapes, unique culture, diversity of living things, and, of course, its top-notch education system.
This country with a population of 2.66 crores, is home to some of the world-recognized universities like The University of Melbourne, The University of Sydney, UNSW Sydney and more. However, when it comes to Masters in Accountancy in Australia what this country has to offer, we will find out in this article.
Masters in Accounting in Australia is a postgraduate program that prepares students for leadership and managerial roles in business. The program is internationally recognized and can lead to a variety of career paths.
Admission Requirements to Study Masters in Accounting in Australia
Let us take a look at the eligibility criteria cum admission requirements for the study Masters in Accountancy in Australia:
There are many colleges and universities in Australia that of MS in Accountancy and each of them has its own criteria for granting admission to resident and international students for Master in Accounting courses. To get accurate details of the admission requirements of the university you are applying you should check their official website and contact their representatives.
However, the basic requirements are listed below:
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Any related/relevant subject equivalent to Graduation or Graduation course in Accounting
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Official academic transcript of academic qualifications completed so far
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IELTS Score: Minimum 6.5 in each test band
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Personal Statement or SOP
Top universities in Australia for a Master’s in Accounting
Now, after knowing the eligibility let’s take a look at the best colleges and universities in Australia for Masters in Accounting
UNSW is ranked 19th in the QS World University Rankings and 20th in Accounting & Finance for 2024. It offers a strong Master of Finance program that prepares students with practical skills and knowledge to succeed in the accounting field. The university’s global ranking reflects its high-quality education and reputation in finance and accounting.
Ranked 13th in the QS World University Rankings and 24th in Accounting & Finance for 2024, the University of Melbourne is known for its world-class education. In Accountancy and finance the university offers various courses like Master of Finance, Master of Finance (Enhanced), Master of Management (Accounting), Master of Banking and Finance Law, and Master of Management (Finance). These courses are designed to equip students with advanced accounting skills and prepare them for leadership roles in the finance industry.
The University of Sydney ranks 18th in the QS World University Rankings and 24th in Accounting & Finance for 2024. Under Business School it offers a comprehensive Master of Professional Accounting and Business Performance course that focuses on providing students with deep knowledge in accounting, taxation, and auditing. This program opens doors to top career opportunities in accounting. Under its Law school, it offers a Master of Taxation course as well.
Monash University is ranked 37th in the QS World University Rankings and 35th in Accounting & Finance for 2024. It offers a well-structured Master’s in Accountancy program that combines theory with practice. The university also offers a Master of Financial Mathematics (1 year), Master of Financial Mathematics (1.5 years), and Master of Financial Mathematics (2 years).
ANU holds the 30th spot in the QS World University Rankings and 42nd in Accounting & Finance for 2024. Its Master’s in Accountancy program focuses on analytical skills and technical expertise, providing students with a strong foundation for a successful accounting career. The university offers various Master’s courses in finance and accounting including but not limited to Master of Accounting, Master of Applied Accounting, Master of Applied Accounting and Master of Financial Management, Master of Applied Economics, Master of Applied Finance, Master of Economics, Master of Finance, Master of Financial Economics, Master of Financial Management, Master of Professional Accounting.
Ranked 40th in the QS World University Rankings and 61st in Accounting & Finance for 2024, the University of Queensland offers a Master’s in Accountancy program that is highly regarded for its comprehensive curriculum. Students gain critical skills in financial reporting and management accounting.
University of Technology Sydney is a well-recognized university and it offers various UG, PG, MBA, and PhD courses. The University offers various courses in Accounting and Finance, such as Master of Finance Master of Finance (Extension) Master of Financial Analysis Master of Professional Accounting Master of Professional Accounting (Extension) Master of Quantitative Finance. UTS is ranked 88th in the QS World University Rankings and 90th in Accounting & Finance.
RMIT University is ranked 123rd in the QS World University Rankings and 100th in Accounting & Finance for 2024. The university offers Master of Business (Accountancy), Master of Business (Economics, Finance & Marketing), Master of Finance, and Master of Professional Accounting courses. This Accountancy course at RMIT provides students with essential accounting skills, preparing them for careers in financial management, auditing, and corporate finance.
Deakin University is known for its strong academic offerings in accounting and finance. The Master of Finance and Master of Professional Accounting programs are designed to develop students’ expertise in both the theoretical and practical aspects of accounting. Deakin is ranked among the top universities in the subject of Accounting & Finance for 2024.
Macquarie University is located in Sydney and it is ranked in the 101-150 range for Accounting & Finance in the 2024 QS World Rankings. The University offer around 18 courses related to finance and accounting, some of the most common ones are Master of Accounting, Master of Applied Finance, Master of Banking and Finance, Master of Finance, Master of Professional Accounting
Cost of Studying Masters in Accounting in Australia
Costs of studying Masters in Accounting in Australia vary from university to university. However, the average fee for MS Accounting courses in Australia is estimated at approx. AUD 21,000 per year.
This cost is only the tuition fees, not the total cost of living and studying in Australia, which may also include other living expenses, such as accommodation, food, transportation, and other expenses.
After completing Masters in Accounting in Australia you can make a successful career as an accountant, business analyst, auditor, finance manager, company director, board member, chief executive officer, partner in business, etc.
Conclusion
So, now you know the top universities, eligibility, and cost to study Masters in Accountancy in Australia. However, checking out each university, discovering their eligibility requirements and applying for them can be a lengthy process. Therefore, the best way to consider this is to connect with study abroad consultants.
Connecting with study abroad consultants can help you choose a preferred university as well as a preferred course. These experienced advisors can also help with scholarship and admission applications, visa approval and other essential details that are important to meet your study abroad goals.
So what else are you looking for? Connect with the experts at Meridean Overseas and make your study abroad dream come true.
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