Masters in Accounting in Australia: Top colleges, Fees, Eligibility, Scholarships, and Salary
Masters in Accounting in AustraliaIf you are considering a Master of Accounting in one of the world’s most stable and opportunity-rich economies, Australia should be high on your list. Both commerce graduates and students from non-accounting backgrounds are eligible to pursue Masters in Accounting in Australia. Master of Accounting programs in Australia are accredited by leading professional bodies such as CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), and the Association of Chartered Certified Accountants (ACCA). These accreditations highlight the financial expertise, strategic thinking, and industry-ready skills the course provides.
Top-ranked universities like University of Melbourne, University of New South Wales (UNSW), Monash University, University of Queensland, Australian National University (ANU), and University of Sydney offer comprehensive Masters in Accounting programs to students worldwide. The tuition fee ranges from AUD 38,000 to AUD 52,000 yearly, with program durations spanning 1.5 to 2 years.
Australia has a lot of scholarship options too, including government-funded aid like Australia Awards Scholarships and merit-based grants from individual universities. These scholarships fluctuate from AUD 5,000 to AUD 25,000. Masters in Accounting in Australia graduates can pursue careers in CPA practice, auditing, or financial management, with average starting salaries ranging from AUD 55,000 to AUD 70,000 annually.
If you are also planning to study Masters in Accounting course in Australia, this guide is really going to help you. We have specified every aspect of the program, from eligibility to the visa process.
Masters in Accounting in Australia: Quick Overview
The table below highlights some very crucial information about Masters in Accounting in Australia.
Particulars | Details |
Duration | 1.5 to 2 years (Full-time) |
Top Universities | University of Melbourne, UNSW Sydney, University of Sydney, Monash University, ANU |
Average Tuition Fee | ₹18-30 Lakhs Yearly |
Average Living Cost | AUD 20,000 - AUD 27,000 Yearly |
Intake Seasons | February, July, sometimes November |
Popular Specializations | Forensic Accounting, Taxation, Auditing, Financial Accounting, Management Accounting |
Course Structure | Core accounting subjects, electives, capstone project or internship |
Grading System | GPA scale (7.0), Letter Grades (HD to F) |
Study Mode | Full-time, on-campus |
Masters in Accounting Specializations in Australia 2025
Here we have listed Masters in accounting specializations in Australia:
- Financial Accounting: External reporting, financial statement analysis, and compliance.
- Management Accounting: Cost control, budgeting, and internal financial planning.
- Auditing and Assurance: Internal and external audit procedures, risk management.
- Taxation: Australian and international tax law, planning, and compliance.
- Forensic Accounting: Fraud investigation, legal support, and financial crime detection.
- Accounting Information Systems: Use of technology and systems in financial reporting.
- Data Analytics in Accounting: Application of data analysis in financial decision-making.
- Sustainability and ESG Accounting: Corporate responsibility, environmental and social reporting.
- Public Sector Accounting: Government and non-profit financial practices.
- International Accounting: Global standards like IFRS and multinational financial reporting.
Masters in Accounting Australia 2025: University Ranking
Australia is home to some top-ranked universities for Masters in Accounting in Australia. UNSW, Melbourne, Sydney, Monash, ANU, and Queensland University are among Australia’s research-intensive universities with global reputations. Moreover, universities like UNSW and Sydney are also accredited with CPA Australia, CA ANZ, ACCA, AACSB, and EQUIS.
Look at the table below for the top colleges for Masters in Accounting in Australia along with their national and global rankings.
Rank | Global Uni Rank (QS 2025) | University |
20 | 19 | UNSW Sydney |
24 | 13 | University of Melbourne |
24 | 25 | University of Sydney |
37 | 37 | Monash University |
42 | 30 | Australian National University |
61 | 40 | University of Queensland |
Masters in Accounting in Australia: Important Dates and Events
Staying updated with the key deadlines is crucial for a smooth Masters in Accounting in Australia admission process. Explore this section to get informed about important application dates and visa timelines.
Important Dates of Top Universities for Masters in Accounting in Australia
Here are the application deadlines of top universities in Australia offering Masters in Accounting programs.
University | Application Deadline (2025–26) |
Deakin University | October 26, 2025 (Trimester 3) |
University of Adelaide | September 26, 2025 (tentative) |
University of Western Australia | Rolling Admissions |
Macquarie University | July 7, 2025 (Session 2) |
University of Melbourne | October 2025 |
University of Sydney | October 2025 |
Australian National University (ANU) | October 15, 2025 |
Visa Timeline for Studying Masters in Accounting in Australia for Indian Students
Go through the visa timeline for applying to Masters in Accounting in Australia:
- Jul-Sep 2025: Shortlist universities, take IELTS/PTE, prepare SOP, LORs, and transcripts
- Sep-Nov 2025: Submit applications
- Nov-Dec 2025: Receive offer, accept, pay deposit, get CoE
- Dec 2025-Jan 2026: Apply for student visa, submit documents, medicals
- Jan-Feb 2026: Get visa, book travel, attend orientation
- Mid-Feb 2026: Course begins in Australia
Tuition Fees for Masters in Accounting Programs in Australia 2025
The total cost of studying Masters in Accounting in Australia includes both tuition and living expenses. This section provides a brief overview of tuition fees and living costs.
Masters in Accounting Tuition Fees in Australia
Look at the table below for the fee information for Masters in Accounting in Australia.
University | Tuition Fees | Tuition Fees |
Deakin University | 43,600 | ₹24 Lakhs |
University of Adelaide | 49,900 | ₹28 Lakhs |
University of Western Australia | 34,900 | ₹19 Lakhs |
Macquarie University | 58,800 | ₹33 Lakhs |
University of Melbourne | 52,448 | ₹29 lakhs |
University of Sydney | 58,800 | ₹33 Lakhs |
The Australian National University | 48,035 | ₹27 Lakhs |
Griffith University | 37,000 | ₹21 Lakhs |
Edith Cowan University | 36,150 | ₹20 Lakhs |
Curtin University | 36,403 | ₹20 Lakhs |
Cost of Living for Masters Students in Australia 2025
Living in Australia as an international student means budgeting smart. Look at the table below for a detailed breakdown of the cost of living in Australia for Indian students.
Expense Type | Average Annual Cost (AUD) | Approx. Cost in INR |
Accommodation | 20,400 | ₹11 Lakhs |
Meals | 8,400 | ₹4 Lakhs |
Health Insurance | 480 | ₹25,000 |
Personal Expenses | 6,000 | ₹3Lakhs |
Total | 46,080 | ₹25 Lakhs |
Australian Accounting Masters Programs with Scholarships 2025
Money can be a constraint while pursuing Masters in Accounting in Australia due to the high tuition fees of some colleges. But students can get generous scholarships based on their academic performance. Go through the table below for scholarship details of Masters in Accounting in Australia.
Scholarship | Provider | Eligibility | Award Value |
Global Excellence Scholarship | University of Western Australia (UWA) | International students with UWA offer and high academic scores | |
Global Citizens Scholarship | University of Adelaide | Offer holders for international coursework programs | 15-30% tuition reduction |
India Future of Change Scholarship | University of New South Wales (UNSW) | Indian citizens with UNSW offer | AUD 10,000 Yearly |
Sydney Scholars India Equity Scholarship | University of Sydney | Indian students with financial need | Up to AUD 60,000 |
Vice-Chancellor’s International Scholarship | Griffith University | High-achieving international postgraduate coursework applicants | 50% tuition reduction |
International Student Academic Excellence | Griffith University | Highly academic international students | |
Australian Qualification International | Edith Cowan University | Past Australian-qualified students enrolling in 2025–26 courses | 20% tuition reduction |
VU Sydney International Scholarship | Victoria University (Sydney and Brisbane) | International onshore/offshore business/postgrad students | |
Kaplan Business School Scholarships | Kaplan Business School | Strong academic merit in business-related fields | Tuition fee reductions |
My Fortress Accounting Scholarship | James Cook University | Accounting graduate students | - |
Why Choose a Masters in Accounting in Australia?
Here are some top reasons why you should choose Masters in Accounting in Australia:
Globally Recognised, Aussie-Approved
Australian accounting degrees are respected worldwide and aligned with CPA, ACCA, and CA courses. That means you're not just studying for one country, but you're preparing for global practice.
High ROI
With average starting salaries of AUD 60K-80K, accounting graduates hit the job market with a strong return on investment.
Recruiters-Ready
Australian universities do not just teach accounting but they train you in analytics, business intelligence and digital finance. The syllabus is future-focused and thus job-ready.
Realistic Experience
Internships, case-based learning, and strong industry links are part of the curriculum. It’s not just classroom theory; it's hands-on experience.
Work Visa
With the Post-Study Work Visa, you get up to 2-4 years to work in Australia after graduating. More time to build your career and maybe even settle down.
Study in Multicultural Classrooms
From India to Brazil and South Africa to China, Australian classrooms are global. The exposure you get here builds more than just a résumé.
Also Check:
Other Popular Countries for Studying Masters in Accounting
Masters in Accounting in Australia 2025: Entry Requirements for Indian Students
This section highlights the eligibility criteria for Masters in Accounting in Australia.
Academic Requirements
- Bachelor’s degree in any discipline from a recognized university.
- Minimum 60–70% GPA or equivalent.
English Language Proficiency
IELTS/TOEFL and PTE are accepted as English proficiency test. Students must have the required marks:
Test | Minimum Score |
IELTS | 6.5 overall (no band < 6.0) |
TOEFL iBT | 79–90 |
PTE | 58–64 |
Additional Criteria
- SOP: Required.
- CV/Resume: Sometimes requested.
- Work Experience: Usually not mandatory, but preferred for advanced/competitive programs.
Visa (GTE) Criteria
- Meet genuine temporary entrant norms.
- Provide proof of funds, a valid passport, and academic documents.
Masters in Accounting in Australia: Cutoff
Getting into Masters in Accounting in Australia is competitive but not impossible. If your academic record is strong and you have met all the eligibility requirements, you are all set for admission. Here are the basic score requirements for graduation and the language proficiency test.
University | Academic Requirement | IELTS Score |
Deakin University | 4.0 GPA out of 7.0 | 7 |
University of Adelaide | Undergraduate degree in any discipline | 6.5 |
University of Western Australia | Bachelor’s degree with minimum 50% (UWA recognized) | 6.5 |
Macquarie University | AQF Level 7 bachelor’s degree or equivalent | 6.5 |
University of Melbourne | Undergraduate degree in any discipline | 6.5 |
University of Sydney | Bachelor’s degree or equivalent with minimum 65% | 7.0 |
Masters in Accounting in Australia: Syllabus
Masters in Accounting programs in Australia are multidimensional and include interdisciplinary domains for holistic development of the students. Take a look at the syllabus of Masters in Accounting in Australia.
Core Subjects
These core courses are like foundational units that help students to gain professional knowledge.
- Financial Accounting and Reporting
- Management Accounting
- Accounting Information Systems
- Auditing and Assurance
- Corporate Finance
- Business Law and Ethics
- Economics for Business
- Quantitative Methods for Business
- Taxation Law
- Governance, Risk, and Compliance
- Strategic Cost Management
Professional Development Programs
- Integrated Accounting Project
- Research Methods in Accounting
- Industry Internship or Consulting Project
Electives / Specializations
- Forensic Accounting
- Business Analytics
- Sustainability Accounting
- International Financial Management
- ERP Systems and Accounting
- Digital Transformation in Finance
Comparison of University-Wise Curricula of Master of Accounting Programs
We have made a comparison table of the Master of Accounting curricula at UNSW, UTS, and Monash University.
University | Core Subjects | Electives | Final Project |
UNSW | Financial Reporting, Business Law, Managerial Accounting | Analytics, Taxation, Financial Literacy | Research Report / Industry Placement |
UTS | Auditing, Financial Management, Ethics in Accounting | Forensic Accounting, Digital Accounting | Capstone Project |
Monash | Financial Accounting, Cost Control, Law for Accountants | Data Analytics, Business Valuation | Internship / Research Project |
How to Apply for a Masters in Accounting in Australia 2025?
The application process of Masters in Accounting in Australia is hassle-free. You just need to follow a set of steps, and you are already in the race. Go through this step-by-step admission process.
Check Eligibility
- Bachelor’s degree with minimum 50-65%
- English test score: IELTS 6.5 or TOEFL/PTE equivalent
Prepare Required Documents
- Academic transcripts and degree certificate
- IELTS/TOEFL/PTE scores
- SOP
- Resume/CV
- Letters of Recommendation
- Passport copy
Apply to Universities
- Submit applications through the university website
- Pay application fee
Receive Offer Letter
- Conditional or Unconditional offer from the university
- Accept the offer and pay initial tuition deposit
Get Confirmation of Enrolment (CoE)
- Issued by university after deposit payment
- Required for student visa application
Apply for Student Visa (Subclass 500)
- Apply via Australian immigration portal
- Submit CoE, passport, proof of funds, health insurance, SOP
Visa Outcome and Travel
- Visa processing time: 4 to 8 weeks
- Book flights and arrive in Australia
Job Prospects After Masters in Accounting Australia
Students can choose between different career paths after completing Masters in Accounting in Australia. Below are the job roles offered to graduates of Master of Accounting programs in Australia in 2025.
- Accountant
- Junior Accountant
- Management Accountant
- business analyst
- Auditor
- finance manager
- taxation officer
- Accounting Assistant
- Forensic Accountant
- Financial Controller
- Chief Financial Officer (CFO)
Average Salary for Accounting Graduates in Australia After Masters
Students should note that salaries vary by location, experience, and certifications. Look at the table below for the salary insights after completing the Masters in Accounting program in Australia.
Job Title | Average Annual Salary (AUD) |
Accountant | 60,000 - 80,000 |
Financial Analyst | 75,000 - 90,000 |
Auditor | 70,000 - 85,000 |
Tax Consultant | 65,000 - 80,000 |
Management Accountant | 80,000 - 95,000 |
Corporate Treasurer | 90,000 - 120,000 |
Budget Analyst | 70,000 - 85,000 |
Forensic Accountant | 85,000 - 100,000 |
Finance Manager | 100,000 |
Accreditation for Masters in Accounting Programs in Australia
Masters in Accounting in Australia is accredited by various organizations, making it globally accepted and value-laden.
- CPA Australia
- Chartered Accountants Australia and New Zealand (CA ANZ)
- Association of Chartered Certified Accountants (ACCA)
- Institute of Public Accountants (IPA)
Masters in Accounting Programs in Australia: Conclusion
A Masters in Accounting in Australia is your gateway to some of the brightest futures in the fields of CPA, auditing, or financial management. Accreditation, placements, affordable tuition fees, and scholarships in Australia make it the perfect destination when your goal is to level up your accounting career at the postgraduate level.
Frequently Asked Questions
Ques. Can I apply for a Masters in Accounting in Australia if I don’t belong to a commerce background?
Ans. Yes. It is one of the best things about Australian accounting programs that they're designed for both commerce graduates and students from other disciplines. Just make sure you meet the GPA and English language criteria.
Ques. What’s the average cost of doing Masters in Accounting in Australia?
Ans. The tuition fee ranges from AUD 38,000 to AUD 52,000 per year, depending on the university. On top of that, living expenses can be around AUD 20,000-27,000 yearly. So yes, it’s an investment but with solid ROI post-graduation.
Ques. Do I need work experience to apply?
Ans. No. Most universities don’t make work experience mandatory. But if you have some, it definitely adds value, especially for competitive programs or if you're eyeing scholarships.
Ques. Is there a stay-back option after completing my Masters degree?
Ans. Yes. With the Post-Study Work Visa, you can stay in Australia for 2 to 4 years after graduation.
Ques. What kind of jobs can I get after graduating?
Ans. Graduates get roles like accountant, auditor, financial analyst, forensic accountant, and eventually CFO. Starting salaries range between AUD 60,000 and AUD 95,000 and go higher with experience.