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Masters in Accounting in Australia: Top colleges, Fees, Eligibility, Scholarships, and Salary

Lakshmi Singh • 12 Mins read • 13 Aug 25

Masters in Accounting in Australia

If you are considering study accounting for international students in one of the world’s most stable and opportunity-rich economies, Masters in Accounting Australia 2025 should be high on your list. Both commerce graduates and students from non-accounting backgrounds are eligible to pursue Masters in Accounting in Australia. It simply translates into there is also Masters of Accounting in Australia for non-accounting background. 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
Accepted Exams	TOEFL, IELTS, Duolingo
Intake Seasons	February, July, sometimes November
Popular Specializations	Forensic Accounting Taxation Auditing Financial Accounting Management Accounting
Course Structure	Core accounting subjects Electives Capstone project 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:

Specialization	Key Focus Areas
Financial Accounting	• External reporting • Financial statement analysis • Compliance
Management Accounting	• Cost control • Budgeting • Internal financial planning
Auditing and Assurance	• Internal audit procedures • External audits • Risk management
Taxation	• Australian tax law • International tax law • Tax planning & compliance
Forensic Accounting	• Fraud investigation • Legal support • Financial crime detection
Accounting Information Systems	• Technology in accounting • Financial systems • Data security
Data Analytics in Accounting	• Financial data analysis • Predictive modeling • Decision support
Sustainability and ESG Accounting	• Corporate responsibility • Environmental reporting • Social impact reporting
Public Sector Accounting	• Government accounting • Budgeting for public services • Non-profit finance
International Accounting	• IFRS standards • Cross-border accounting • Multinational reporting

Masters in Accounting in Australia 2025: University Ranking

Australia is home to some top-ranked universities for Masters in Accounting in Australia. UNSW, Melbourne, Sydney and Queensland University are among Australia’s research-intensive universities with global reputations. CPA accredited Accounting courses in Australia are there. Universities like UNSW and Sydney are also accredited with CPA Australia, CA ANZ, ACCA, AACSB, and EQUIS.

Look at the table below for the best Accounting universities in Australia QS ranking:

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 Deadlines

Staying updated with the Masters in Accounting in Australia admission deadlines is crucial for a smooth master of Accounting in Australia intake 2025. 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 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 information on master of Accounting in Australia fees in INR.

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 of Masters in Accounting in Australia scholarship details for Indian students:.

Scholarship	Provider	Eligibility	Award Value
Global Excellence Scholarship	University of Western Australia (UWA)	International students with UWA offer high academic scores	Up to AUD 24,000 (postgrad) / AUD 48,000 (undergrad)
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	25% tuition reduction
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	25% tuition reduction
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 for Indian students:

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 Entry Requirements for Indian Students

This section highlights the Masters in Accounting in Australia entry requirements for international students.

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 Test for Masters in Accounting in Australia

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

Masters in Accounting in Australia Additional Criteria

SOP: Required.
CV/Resume: Sometimes requested.
Work Experience: Usually not mandatory but preferred for advanced/competitive programs.

Visa (GTE) Criteria For Masters in Accounting in Australia

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 for pursuing Masters in Accounting in Australia for Indian students.

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 that encompasses CPA accredited accounting courses in Australia:.

Core Subjects in Masters in Accounting in Australia

These core subjects of masters in Accounting in Australia 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 in Masters in Accounting in Australia

Integrated Accounting Project
Research Methods in Accounting
Industry Internship or Consulting Project

Electives/Specializations in Masters in Accounting in Australia

Forensic Accounting
Business Analytics
Sustainability Accounting
International Financial Management
ERP Systems and Accounting
Digital Transformation in Finance

Comparison of University-Wise Curricula of Master in Accounting in Australia

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 online application process for masters in Accounting in Australia.

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 in Australia

Students can choose between different career paths after completing Masters in Accounting in Australia. Moreover, the option of part-time jobs for accounting students in Australia are also there. 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 Masters in Accounting in Australia 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 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 vs Masters in Professional Accounting in Australia

Here we have given a comparison table between Masters in Accounting in Australia and Masters in Professional Accounting in Australia:

Aspects	MAcc	MPA
Target Audience	Accounting or business graduates Aimed at specialization + research	Students from any background Ideal for career changers
Program Focus	Advanced/specialized topics May include research components	Broad accounting skills Covers core areas
Accreditation	May or may not meet CPA/CA ANZ	Meets CPA Australia, CA ANZ, ACCA
Entry Requirements	Background in commerce or accounting	No prior accounting needed
Career Paths	Specialist roles Academic or consulting	Accountant, auditor, analyst, CFO
Duration	1–2 years full-time	1.5–2 years full-time
Coursework	Financial reporting Accounting theory Research electives	Financial accounting Audit, law, finance Business electives

Masters in Accounting 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, Accounting degree with post study work visa in Australia 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 About Masters in Accounting in Australia

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 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. How long does Master of Accounting take in Australia?

Ans. Masters of Accounting in Australia spans 1.5 to 2 years full-time. There are also some 1-year options for relevant backgrounds.

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.

Ques. Can I study Masters of Accounting in Australia without commerce degree?

Ans. Yes. The masters in Accounting in Australia is designed for non-commerce students or career changers.