Have you ever wondered how accounting is becoming one of the fastest-growing professions in Australia? Beyond just balancing numbers, being an accountant involves a diverse set of skills and knowledge.
If you aspire to become a certified accountant in Australia, the journey begins with gaining the right education and experience. In this blog, we have compiled a list of the top universities that play a crucial role in this field by offering the necessary guidance and qualifications to excel in this field.
Accounting in Australia: Things to Consider
If you want to pursue your career as an accountant and become a member of a professional accreditation body such as a CPA, you may be considering pursuing an accounting undergraduate degree. Some, however, opt to contribute further to their initiative and obtain a master's degree. Additional optional accountant certifications, including CA (Chartered Accountant) or ACCA (Chartered Certified Accountants Association), also exist. As for professions other than accountant or auditor, some require additional qualifications (academic and/or professional) for bachelor's graduates in accounting.
The classification of accountants is classified into several types: public accountant, manager / corporate accountant, government accountant, chartered accountant (in private or public practice), forensic accountant, and CPA (Chartered Professional Accountant).
General Requirements for Studying Accounting in Australia
Admission Requirements
Various universities set distinct criteria for admission. Nevertheless, the basic requirements for pursuing an accounting program in Australia are quite similar across different universities.
For a Bachelor's degree, the entrance criteria include -
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achieving good grades in grades 9-12
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English proficiency is crucial, with a required IELTS score of 6.5 or above, or a TOEFL score of 90 and above
For those aiming for a Master's degree, the prerequisites encompass having -
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Bachelor's Degree with a minimum duration of three years
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applicants are often required to take standardized tests such as the GMAT with a score range of 580-600 or higher
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English proficiency is also a key factor, necessitating an IELTS score of 6.5 or above, or a TOEFL score of 90 and above
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full-time work experience of 2-3 years, along with the submission of a published work or portfolio, might be additional requirements for Master's degree admission.
Visa Requirements
Studying accounting in Australia doesn't need extra paperwork or steps, just the usual visa requirements like submitting your application, going through interviews, providing biometrics, and so on. The checklist for international students to get a student visa includes:
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Keep your passport valid throughout your study in Australia.
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Have the offer letter from the university you've chosen.
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Take an English proficiency test like
PTE or IELTS.
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Show proof that you have enough money to support yourself.
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Have Overseas Student Health Cover.
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Include any other necessary documents mentioned on the Department of Home Affairs visa checklist.
Top Universities To Study Accounting in Australia
Below we summarized the top universities in Australia for international students to study accounting, which also include some of the more affordable and high-quality degree programs. The highest-ranked of these schools are The University of Melbourne (14th in the world rankings), The University of New South Wales (=19th in the world rankings), and The University of Sydney (=19th in the world rankings).
| No. |
University |
QS World Rankings 2023-24 |
|
1
|
The University of New South Wales (UNSW Sydney)
|
=19
|
|
2
|
The University of Sydney
|
=19
|
|
3
|
Monash University
|
42
|
|
4
|
The University of Western Australia
|
72
|
|
5
|
The University of Adelaide
|
89
|
|
6
|
University of Technology Sydney
|
90
|
|
7
|
Macquarie University
|
=130
|
|
8
|
RMIT University
|
140
|
Conclusion
This article outlines the steps to pursue a degree in Australia in the field of accounting, offering essential information for prospective students. If you are planning to study in Australia and seek guidance, PFEC Global is ready to assist you!
Our team provides personalized and dedicated support, including student visa services for Australia. Let our experienced consultants address your questions and ensure a seamless journey towards achieving your educational aspirations. For further information, please contact us at 096 09 800 300 (Dhanmondi), 096 09 800 700 (Banani), 096 09 800 400 (Chittagong), every Saturday to Thursday from 9:30 AM to 5:30 PM.
Frequently Asked Questions (FAQs)
How much does it cost to pursue an accounting degree in Australia?
Answer: The tuition fee for a Bachelor in Accounting program varies, ranging from 135,000 AUD to 150,000 AUD.
What is the top accounting school in Australia?
Answer: According to the QS World University Rankings by Subject 2023 (Accounting & Finance): The University of New South Wales, has an overall score of 82.4.
Is Australia a suitable place to study accounting?
Answer: Australia is an ideal destination for studying accounting, boasting some of the world's top accounting schools.
Which accounting courses in Australia lead to permanent residency (PR)?
Answer: Accounting courses that qualify for PR in Australia include the Bachelor in Accounting and Master in Accounting.
What career opportunities come with an accounting degree in Australia?
Answer: A degree in accounting opens up diverse job prospects, including roles such as accountant, management consultant, entrepreneur, and more.
