Checkout the Masters in Accounting in Australia....
Mar 24, 2025 02:05:07
Globally recognized degrees
Strong job market with high demand for accountants
Opportunity for post-study work visa (up to 3–4 years)
Pathway to PR (Permanent Residency)
Modern curriculum with industry integration
University |
QS Rank (2024) |
Program Name |
Duration |
|---|---|---|---|
|
University of Melbourne |
#14 (Accounting & Finance) |
Master of Management (Accounting) |
2 years |
|
UNSW Sydney |
#19 (Accounting & Finance) |
Master of Professional Accounting |
1.5–2 years |
|
University of Sydney |
#21 (Accounting & Finance) |
Master of Professional Accounting |
1.5–2 years |
|
Monash University |
#23 (Accounting & Finance) |
Master of Professional Accounting |
2 years |
|
Australian National University (ANU) |
#35 (Overall) |
Master of Accounting |
1.5–2 years |
|
University of Queensland |
#50 (Overall) |
Master of Commerce (Accounting) |
1.5–2 years |
Bachelor’s degree (any discipline, preferably with quantitative subjects)
Minimum GPA: 2.5 – 3.0 out of 4 or equivalent
English proficiency:
IELTS 6.5 (no band less than 6.0) or TOEFL iBT 90+
Some universities may ask for GMAT (not mandatory for most)
Type |
Estimated Cost (AUD) |
|---|---|
|
Tuition Fee (annual) |
AUD 36,000 – AUD 52,000 |
|
Living Expenses (annual) |
AUD 21,000 – AUD 25,000 |
|
Health Insurance (OSHC) |
AUD 500 – AUD 700 per year |
Australia Awards Scholarship
University-specific International Student Scholarships (Up to 30% tuition reduction)
Destination Australia Scholarship
Research Training Program (RTP) for research-based masters
Temporary Graduate Visa (subclass 485)
2–4 years work permit after graduation
Can lead to skilled migration pathways
Accountant / Tax Consultant
Auditor (Internal & External)
Financial Analyst
Forensic Accountant
Management Accountant
Average salary: AUD 65,000 – AUD 90,000 per year (Entry-level)
University |
Program Name |
Duration |
Intakes |
|---|---|---|---|
|
University of Melbourne |
Master of Management (Accounting) |
2 years |
February, July |
|
UNSW Sydney |
Master of Professional Accounting |
1.5–2 years |
February, June, September |
|
University of Sydney |
Master of Professional Accounting |
1.5–2 years |
February, July |
|
Monash University |
Master of Professional Accounting |
2 years |
February, July |
|
Australian National University (ANU) |
Master of Accounting |
1.5–2 years |
February, July |
|
University of Queensland |
Master of Commerce (Accounting) |
1.5–2 years |
February, July |
|
University of Western Australia (UWA) |
Master of Professional Accounting |
2 years |
February, July |
|
Macquarie University |
Master of Professional Accounting |
2 years |
February, July |
|
Deakin University |
Master of Professional Accounting |
1.5–2 years |
March, July, November |
|
RMIT University |
Master of Professional Accounting |
2 years |
February, July |
|
University of Technology Sydney (UTS) |
Master of Professional Accounting |
1.5–2 years |
February, July |
|
Griffith University |
Master of Professional Accounting |
1.5–2 years |
February, July |
|
Curtin University |
Master of Professional Accounting |
2 years |
February, July |
|
La Trobe University |
Master of Professional Accounting |
2 years |
February, July |
|
University of South Australia (UniSA) |
Master of Professional Accounting |
2 years |
February, July |
Bachelor’s degree (in any discipline for most programs)
IELTS 6.5 (no band below 6.0) or equivalent
No GMAT required (unless specifically mentioned by the university)
A Bachelor’s degree from a recognized university.
Most universities accept a degree in any discipline (not limited to commerce).
Some programs may prefer applicants with quantitative, business, or finance backgrounds.
Minimum GPA: Varies between 2.5 to 3.0 out of 4.0 (or equivalent).
Test |
Minimum Score |
|---|---|
|
IELTS |
Overall 6.5, with no band less than 6.0 |
|
TOEFL iBT |
Overall score 79–90 (minimum 20 in each section) |
|
PTE Academic |
Overall 58–64, no less than 50 in each skill |
Updated CV/Resume
Statement of Purpose (SOP) or Personal Statement
Letters of Recommendation (optional for some universities)
Passport copy
Some universities may ask for a GMAT (rarely, only for top competitive programs).
Not mandatory for most programs.
However, universities may consider relevant experience if academic grades are borderline.
Confirmation of Enrolment (CoE) from an Australian university
Proof of financial capacity
Valid passport
Overseas Student Health Cover (OSHC)
Genuine Temporary Entrant (GTE) statement
Program Type |
Duration |
Who is it for? |
|---|---|---|
|
Master of Professional Accounting |
1.5 years (Full-time) |
For students with a prior background in business/accounting or excellent academic results. |
|
Master of Professional Accounting |
2 years (Full-time) |
For students from non-accounting backgrounds or those needing a comprehensive foundation. |
|
Combined/Extended programs |
2–2.5 years |
Some universities offer double majors or extended coursework. |
|
Part-time study options |
Up to 4 years |
Available for domestic students; international students must study full-time. |
Main intakes: February and July
Some universities also offer November or March intakes (e.g., Deakin University, Macquarie University)
University |
Program Name |
Duration |
Mode |
|---|---|---|---|
|
Deakin University |
Master of Professional Accounting |
1.5–2 years |
Fully online or on-campus |
|
RMIT University (Online) |
Master of Professional Accounting |
2 years (flexible) |
100% online |
|
University of New England (UNE) |
Master of Professional Accounting |
1.5–2 years |
Fully online |
|
Charles Sturt University (CSU) |
Master of Professional Accounting |
1.5–2 years |
Fully online or mixed-mode |
|
University of Southern Queensland (USQ) |
Master of Professional Accounting |
1.5–2 years |
Online or on-campus |
|
Edith Cowan University (ECU) |
Master of Professional Accounting |
2 years |
Online or on-campus |
|
James Cook University (JCU Online) |
Master of Professional Accounting |
2 years |
Fully online (accelerated) |
Bachelor’s degree in any field
English proficiency (IELTS 6.5 or equivalent)
No GMAT required
Relevant work experience (optional but beneficial for some online professional programs)
Flexible, self-paced or accelerated formats
Study from your home country
Ideal for career changers and working professionals
Often shorter term completion (as quick as 12–18 months in accelerated modes)
Intake |
Start Month |
Application Period |
|---|---|---|
|
Semester 1 |
February/March |
Apply between August to November (previous year) |
|
Semester 2 |
July |
Apply between February to May (same year) |
|
Trimester 3 / Summer Intake |
October/November (few universities) |
Apply between May to August (same year) |
University |
Intakes |
Application Deadlines |
|---|---|---|
|
University of Melbourne |
February, July |
October (for Feb intake), April (for July intake) |
|
UNSW Sydney |
February, June, September |
October, March, and May (varies by intake) |
|
University of Sydney |
February, July |
November (for Feb), May (for July) |
|
Monash University |
February, July |
October (for Feb), May (for July) |
|
Australian National University (ANU) |
February, July |
November (for Feb), May (for July) |
|
University of Queensland |
February, July |
November (for Feb), May (for July) |
|
Macquarie University |
February, July, November |
November, May, and September |
|
Deakin University |
March, July, November |
December, May, and September |
|
RMIT University |
February, July |
December (for Feb), May (for July) |
|
Griffith University |
February, July |
November (for Feb), May (for July) |
|
University of Technology Sydney (UTS) |
February, July |
December (for Feb), May (for July) |
Apply 6–9 months before intake to avoid delays.
Some universities close early if seats fill quickly.
Allow time for visa processing (can take 2–3 months).
Check if your program has rolling admissions or fixed deadlines.
University |
Program Name |
Annual Tuition Fees (AUD) |
Total Program Fees (Approx.) |
|---|---|---|---|
|
University of Melbourne |
Master of Management (Accounting) |
AUD 48,000 – 52,000 |
AUD 96,000 – 104,000 |
|
UNSW Sydney |
Master of Professional Accounting |
AUD 49,000 – 51,000 |
AUD 73,500 – 102,000 |
|
University of Sydney |
Master of Professional Accounting |
AUD 50,000 – 52,000 |
AUD 75,000 – 104,000 |
|
Monash University |
Master of Professional Accounting |
AUD 45,000 – 48,000 |
AUD 90,000 – 96,000 |
|
Australian National University (ANU) |
Master of Accounting |
AUD 47,000 – 49,500 |
AUD 70,500 – 99,000 |
|
University of Queensland |
Master of Commerce (Accounting) |
AUD 46,000 – 48,000 |
AUD 69,000 – 96,000 |
|
Macquarie University |
Master of Professional Accounting |
AUD 42,000 – 45,000 |
AUD 84,000 – 90,000 |
|
RMIT University |
Master of Professional Accounting |
AUD 39,500 – 42,000 |
AUD 79,000 – 84,000 |
|
Deakin University |
Master of Professional Accounting |
AUD 38,000 – 41,000 |
AUD 57,000 – 82,000 |
|
Griffith University |
Master of Professional Accounting |
AUD 36,500 – 39,000 |
AUD 54,000 – 78,000 |
|
Curtin University |
Master of Professional Accounting |
AUD 39,000 – 42,000 |
AUD 78,000 – 84,000 |
|
University of South Australia (UniSA) |
Master of Professional Accounting |
AUD 36,000 – 39,500 |
AUD 72,000 – 79,000 |
|
University of Newcastle |
Master of Professional Accounting |
AUD 37,000 – 40,000 |
AUD 74,000 – 80,000 |
Expense |
Estimated Cost (AUD) |
|---|---|
|
Student Visa (subclass 500) |
AUD 710 |
|
Overseas Student Health Cover (OSHC) |
AUD 500 – 700 per year |
|
Living Expenses |
AUD 21,000 – 25,000 per year (as per Australian visa guidelines) |
Australia Awards Scholarships (full or partial funding)
University-specific international scholarships (15% to 50% fee reduction)
Destination Australia Scholarships for studying in regional campuses
Type of University |
Annual Tuition Fees (AUD) |
Total for 2 Years (AUD) |
|---|---|---|
|
Top-ranked universities (Melbourne, UNSW, Sydney, ANU) |
AUD 46,000 – 52,000 |
AUD 92,000 – 104,000 |
|
Mid-tier universities (Monash, UQ, Macquarie, RMIT) |
AUD 38,000 – 45,000 |
AUD 76,000 – 90,000 |
|
Affordable universities (Deakin, Griffith, UniSA) |
AUD 36,000 – 40,000 |
AUD 72,000 – 80,000 |
Expense Type |
Estimated Annual Cost (AUD) |
|---|---|
|
Accommodation (shared) |
9,000 – 14,000 |
|
Food & groceries |
4,000 – 6,000 |
|
Transport (public) |
1,200 – 2,000 |
|
Utilities (electricity, internet) |
1,000 – 1,500 |
|
Personal expenses & leisure |
2,000 – 3,000 |
|
Total Living Expenses (Per Year) |
21,000 – 25,000 |
Expense |
Cost (AUD) |
|---|---|
|
Visa application fee (subclass 500) |
AUD 710 |
|
Overseas Student Health Cover (OSHC) |
AUD 500 – 700 per year |
|
Flight tickets (one-way) |
AUD 1,000 – 1,500 (depends on country) |
Category |
Low Range (AUD) |
High Range (AUD) |
|---|---|---|
|
Tuition Fees (2 years) |
AUD 72,000 |
AUD 104,000 |
|
Living Expenses (2 years) |
AUD 42,000 |
AUD 50,000 |
|
Other Costs (visa, insurance, travel) |
AUD 2,500 |
AUD 3,500 |
|
Total Estimated Cost |
AUD 116,500 |
AUD 157,500 |
Apply for scholarships (up to 50% reduction available at some universities).
Choose universities in regional areas (lower living costs & additional PR points).
Find part-time jobs (allowed up to 48 hours per fortnight on a student visa).
Choose universities based on ranking, tuition fees, intake, location, and scholarship opportunities.
Common intakes: February, July, and in some universities, November.
Bachelor’s degree (in any discipline, minimum GPA 2.5–3.0 out of 4.0)
English proficiency: IELTS 6.5 (no band less than 6.0) or equivalent TOEFL/PTE
Some universities may ask for work experience or GMAT (rare for most accounting programs).
Academic transcripts and degree certificates (certified copies)
English proficiency test results (IELTS/TOEFL/PTE)
Updated CV/Resume
Statement of Purpose (SOP)
Letters of Recommendation (optional but recommended)
Passport copy
Portfolio or additional documents (if asked by the university)
Go to the university’s official website and apply through the international student portal.
Pay application fee (varies from AUD 50–150, some universities waive this during special offers).
If accepted, you will receive either:
Conditional Offer Letter (if documents or test scores are pending)
Unconditional Offer Letter (if all requirements are met)
Accept the offer online and pay the tuition deposit (varies between AUD 5,000 – AUD 10,000 depending on the university).
After deposit payment, the university issues your CoE, which is needed to apply for your student visa.
Gather documents: CoE, proof of funds, health insurance (OSHC), passport, GTE statement.
Apply via the Australian Immigration website.
Book flights and secure accommodation.
Attend pre-departure orientations (offered by many universities).
Step |
Ideal Time to Complete |
|---|---|
|
Research & shortlisting |
9–12 months before intake |
|
English tests (IELTS/TOEFL) |
8–10 months before intake |
|
Document preparation & SOP |
7–9 months before intake |
|
Application submission |
6–8 months before intake |
|
Offer letter & acceptance |
4–6 months before intake |
|
Visa application |
3–4 months before intake |
|
Travel preparation |
1–2 months before intake |
Scholarship |
Coverage |
Eligibility |
|---|---|---|
|
Australia Awards Scholarship |
Full tuition fees, living allowance, travel cost, OSHC |
Students from eligible developing countries; strong academic record and leadership potential |
|
Destination Australia Scholarship |
Up to AUD 15,000 per year |
International students studying in regional Australia campuses |
|
Research Training Program (RTP) |
Tuition fees + stipend (for research-based masters) |
Available for research-focused master's programs |
University |
Scholarship Name |
Benefit |
|---|---|---|
|
University of Melbourne |
Melbourne Graduate Scholarship |
25%–50% tuition fee reduction |
|
UNSW Sydney |
International Student Award |
15% tuition fee reduction for the full program |
|
University of Sydney |
Vice-Chancellor’s International Scholarships |
Up to AUD 40,000 towards tuition fees |
|
Monash University |
Monash International Merit Scholarship |
AUD 10,000 per year |
|
ANU (Australian National University) |
ANU College of Business & Economics International Graduate Scholarship |
50% tuition fee waiver |
|
University of Queensland (UQ) |
UQ International High Achievers Scholarship |
Up to 50% tuition fee reduction |
|
Macquarie University |
Macquarie Vice-Chancellor's International Scholarship |
Up to AUD 10,000 tuition fee reduction |
|
Deakin University |
Deakin Vice-Chancellor's International Scholarship |
50% tuition waiver or 25% partial |
|
RMIT University |
RMIT International Excellence Scholarship |
20% tuition fee reduction |
|
Griffith University |
Griffith Remarkable Scholarship |
50% tuition fee reduction |
|
Curtin University |
Curtin International Merit Scholarship |
25% tuition fee reduction |
|
University of South Australia (UniSA) |
International Merit Scholarship |
25% tuition fee reduction |
Outstanding academic record (usually 70% or above in undergraduate studies)
English proficiency (IELTS/TOEFL)
Statement of Purpose explaining why you deserve the scholarship
Some scholarships may require proof of leadership or community involvement
Apply early (scholarship deadlines are often 3–4 months before course start date)
Write a strong, goal-oriented SOP
Maintain a high GPA and highlight extracurricular achievements
Apply for multiple scholarships where possible
Job Role |
Average Salary (AUD/year) |
Description |
|---|---|---|
|
Chartered Accountant |
AUD 75,000 – 120,000 |
Specializes in tax, audits, and compliance for corporations and clients. |
|
Public Accountant |
AUD 65,000 – 90,000 |
Handles financial statements, tax returns, and financial advisory for individuals/small businesses. |
|
Financial Analyst |
AUD 75,000 – 110,000 |
Analyzes financial data, market trends, and helps businesses make informed decisions. |
|
Auditor (Internal & External) |
AUD 70,000 – 115,000 |
Ensures financial accuracy and compliance within organizations or as third-party auditors. |
|
Tax Consultant |
AUD 70,000 – 100,000 |
Advises on tax regulations, returns, and strategies for optimization. |
|
Management Accountant |
AUD 80,000 – 120,000 |
Helps companies plan budgets, forecast finances, and manage cost structures. |
|
Forensic Accountant |
AUD 90,000 – 140,000 |
Specializes in financial crime detection, fraud investigation, and dispute resolution. |
|
Corporate Treasurer |
AUD 100,000 – 150,000 |
Manages company funds, investment decisions, and financial risk. |
Big 4 Accounting Firms: Deloitte, PwC, KPMG, EY
Government agencies (ATO, ASIC)
Major banks (Commonwealth Bank, ANZ, NAB, Westpac)
Financial services & consulting firms
Multinational corporations and public companies
Degree |
Post-study visa duration |
|---|---|
|
Master’s degree (by coursework) |
2 – 3 years (Temporary Graduate Visa Subclass 485) |
|
Regional study completion |
Extra 1 year of post-study work rights |
Accounting is on Australia’s Skilled Occupation List (SOL). After graduation, you can:
Apply for PR through Skilled Independent Visa (subclass 189) or State Nomination Visa (subclass 190)
Complete a Professional Year Program to earn additional points for PR
Gain work experience under post-study work visa, which enhances PR chances
Australian Taxation and Law knowledge
Financial reporting (IFRS standards)
Advanced Excel, SAP, MYOB, QuickBooks
Data analytics (increasingly valued in accounting roles)
Strong communication and problem-solving skills
