Best Universities in Australia for Accounting

Admit Abroad - Best Universities in Australia for Accounting

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Accounting as a field holds immense promise. Every firm needs an accountant to manage its finances. A person who has a knack for cracking numbers can do really well in the accounting sector. However, the place where you accomplish your course in accounting is critical too. Australia as a country maintains strong credentials for students wishing to study abroad. Accounting in Australia is a popular course, yet not every University can give you the exposure you need. Here we will share with you the best Universities in Australia for accounting and other fields.

List of Best Universities in Australia for Accounting


University of New South Wales 

As per the QS top Universities rankings, the University of New South Wales gets the top position in Accounting. The university was founded in 1849, but before that, it was operating as a research institute named as Sydney Mechanics Institute. 

Eventually, they expanded into teaching other courses. This was followed by the UNSW faculty of commerce operations starting in 1955. Now it has become more of a business school and boasts of offering 42 programs. 

Accounting courses offered by UNSW

  • Bachelor of Commerce
  • Bachelor of Economics

Entry requirements for the course

In order to apply for the Bachelor of commerce, a student must have an ATAR (Australian tertiary admission rankings) of 93. The course duration is three years and needs 144 credit points to clear, 

Similarly, the Bachelor of Economics needs an ATAR of 91. The duration and credit points are the same as a Bachelor of Commerce degree.

Apart from the above, the UNSW offers many alternate pathways to move ahead in the career. Their main pathway program is called “UNSW Gateway” and allows students to choose the path that suits them.

Possible career paths for the Bachelor of Commerce degree

Some career options you can pursue after pursuing the Bachelor of Commerce degree at UNSW are:

  • Accountant
  • Auditor
  • Data Analyst
  • Consultant
  • Financial advisor
  • Human resource consultant
  • Investment banker
  • Tax advisor

Possible career paths for the Bachelor of Economics degree

  • Economic forecaster
  • Graduate Economist
  • Policy advisor
  • Management consultant
  • Superannuation advisor
  • Statistical analyst
  • Economic forecaster
  • Graduate economist

Cost of bachelor of commerce

The cost of completing the bachelor of commerce degree from UNSW is AUD 34,000 (18 lakhs INR)

Cost of bachelor of Economics

The cost of completing of bachelor of Economics degree from UNSW is AUD 34,000 (18 lakhs INR)

University of Melbourne

As per QS top universities rankings, the University of Melbourne comes in the second position among Universities offering accounting degrees.  Found in 1853, and the second oldest university on the list of the Best universities in Australia. 

In 1855 the University of Melbourne started offering Economics courses. So they have one of the best experiences in the area. In the year 1924, they established the Faculty of business and economics, and the following year, the Bachelor of Commerce course was introduced.

The main accounting and finance course offered by the University of Melbourne is the Bachelor of Commerce. This would be a three-year degree course coming with an optional honors path. 

One reason why the course is popular is that you can major in many specializations such as:

  • Accounting
  • Actuarial studies
  • Economics
  • Finance
  • Marketing
  • Management

Entry requirements for the course

In order to enter the course, the student must have an ATAR of 95. There is a program called Access Melbourne that is basically for students who want to study at University but do not have the requisite ATAR. 

Cost of completing the course

The overall cost of completing the course is AUD 44,000 (24 lakhs INR)

Possible career paths for the Bachelor of Commerce degree

  • Accountant
  • Data Analyst
  • Business Analyst
  • Actuary
  • HR Executive
  • Researcher
  • Digital marketing manager

Subjects you will have to complete

In the Bachelor of Commerce degree, you will have to complete 24 subjects, i.e., eight subjects per year. Apart from that, there are seven compulsory core units that the student has to complete. These core units are:

  • Introductory Microeconomics 
  • Quantitative Methods 1 
  • Accounting Reports and Analysis
  • Introductory Macroeconomics
  • Principles of Finance
  • Organizational Behaviour
  • Quantitative Methods 2

The university also offers scholarships to the meritorious students of the course. 

One such scholarship is the Commerce Achievement scholarship for students scoring above 98 ATAR. Its value is around AUD 26,500 and living allowance for the duration of the course.

University of Sydney

As per QS top Universities rankings, the University of Sydney comes at position three for finance and accounting courses. The university was first launched in 1850 and is hence it ranks first on the list of oldest and Best universities in Australia. At the University of Sydney, 47000 students and 3700 staff make it a hub of activity.

The accounting and finance-related programs that the University of Sydney offers are:

  • Bachelor of Commerce
  • Bachelor of Economics

Both the courses are three-year degrees, and you have to secure 144 credit points for them. The subjects are slightly different, but the overall stricture is quite similar. 

Entry requirements

To get into the Bachelor of Commerce, a student must have an ATAR of 96. This degree is most suitable for those who really want to get into accounting and finance. There is an option to major in any of the two.

A Bachelor of Economics, on the other hand, requires an ATAR of 91. 

Cost of the course

For the Bachelor of Commerce degree, the cost is AUD 33000 (18 lakhs INR)

For the  Bachelor of Economics degree, the cost is AUD 33000 (18 lakhs INR)

Career possibilities Bachelor of commerce

  • Accountant
  • Business Analyst
  • Economist
  • Financial dealer
  • Broker

Core Units and majors Bachelor of commerce

  • Future of Business
  • Quantitative Business Analysis
  • Accounting, Business, and Society
  • Leading and Influencing in Business

Career possibilities Bachelor of Economics

  • Accountant
  • Banker
  • Economic analyst
  • Business consultant
  • Financial manager
  • Social policy advisor
  • Researcher
  • Industrial relations specialist

Monash University

Next on the list is Monash University. It is located in Melbourne and was established in 1958. Initially, the University was more focussed on Science and technology streams. In the last few years, however, they added other subjects like economics, education, engineering, law, etc.

Monash encourages many student exchange programs. The university offers the following three courses for accounting and finance stream students:

  • Bachelor of Accounting
  • Bachelor of Banking and Finance 
  • Bachelor of Commerce

All the degrees are for three years and need 144 credit points for completion.

Entry requirements

For Bachelor of accounting and bachelor of Banking and Finance courses, the ATAR required is 75. However, for the Bachelor of Commerce, you must have an ATAR of 86.  If you do not have sufficient ATAR, you could go for their Diploma of Business. 

Cost of completing the course

The cost of completing a Bachelor of accounting is AUD 44,000 (24 lakhs INR)

Bachelor of banking and finance- AUD 44,000 ( 24 lakhs INR)

Bachelor of commerce- AUD 30,000 (16 lakhs INR)

Career possibilities- Bachelor of accounting

  • Accountant
  • Financial analyst
  • Finance manager
  • Business analyst
  • Business and financial consultant
  • Medical Biller
  • Communications specialist
  • Business manager
  • Private Investigators for Insurance frauds etc.

Career possibilities- Bachelor of banking and finance

  • Financial markets broker
  • Loan officer
  • Financial analyst
  • Bank customer service offer
  • Finance manager
  • Financial planner
  • Company secretary
  • Business analyst
  • Marketing specialist
  • Mergers and acquisition advisor

Career possibilities- Bachelor of commerce

  • Accountant
  • Consultant
  • Actuary
  • Auditor
  • Marketing manager/coordinator
  • Financial controller
  • Financial analyst

Australian National University

Australian National University ANU is also a top contender in the Accounting and finance teaching streams.  It was established in 1946 by the Federal Parliament. Since 1960 they have been using four research schools, namely:

  • Research School of Physical Science
  • John Curtin School of Medical Research
  • The Research School of Social Sciences 
  • Research School of Pacific Studies.

There are four courses that the ANU offers for finance and accounting students. These are:

  • Bachelor of Accounting
  • Bachelor of Finance
  • Bachelor of Finance, Economics, and Statistics (Honours) 
  • Bachelor of Commerce

Entry requirements

For the first two courses, you need to have an ATAR of 80. The courses are for three years and need 144 credit points. On the other hand, the Bachelor of Finance, Economics, and Statistics (Honours) is a four-year course. 

Again Bachelor of commerce is a three-year degree with an ATAR requirement of 80. 

Cost of completing the course

  • Bachelor of Accounting- AUD 45,000 (24 lakhs INR)
  • Bachelor of Finance- AUD 45,000 (24 lakhs INR)
  • Bachelor of Finance, Economics, and Statistics (Honours) – AUD 45,000 (24 lakhs INR)
  • Bachelor of Commerce-AUD 34,00 (18 lakhs INR)

Career possibilities- All courses 

  • Business risk analyst
  • Auditor
  • Consultant
  • Systems analyst
  • Marketing coordinator
  • Business development manager
  • Tax accountant
  • Financial accountant
  • Investment analyst
  • Business analyst
  • Account manager
  • Credit analyst
  • Government advisor

In order to make study costs reasonable, ANU provides multiple scholarships. Do enquire about them before you apply. 


Summing up

Studying accounting in Australia holds numerous possibilities for a student. However, proper guidance is required so as to avoid any mistakes. At Admit Abroad, we are there to explain all the prerequisites needed to enter the courses.

We will slowly show you all the steps that would help you grab a seat in the course. Our experienced counselors would be there to solve all your queries and show you the correct direction to proceed. Contact us today to know everything about applying for an accounting course in Australia.

Our hope is that this article gave you an overview of the Best Universities in Australia for those who wish to study in Australia. If you do have any further queries or questions, do reach out to our experts and get your study abroad journey started today.