Australia is consistently ranked among the world’s top destinations for international students, and with good reason. The country’s robust education system, dynamic economy, and close ties to global financial markets make it an ideal location to study accounting and finance.
Studying accounting and finance in Australia offers international students a unique opportunity to gain a strong understanding of both local and international financial regulations and business practices. Australian universities deliver a wide range of qualifications at all levels—diploma, undergraduate, postgraduate, and doctoral—alongside diverse specialisations and accreditations from professional bodies such as CPA Australia, CA ANZ, and ACCA.
While accounting focuses on the accurate reporting and analysis of financial data for businesses and organisations, finance takes a broader approach, examining the generation, management, and strategic use of capital. Both disciplines are highly analytical and closely linked to real-world economic activities, including investing, budgeting, lending, and corporate decision-making.
Graduates from accounting and finance programmes in Australia develop expertise in financial modelling, critical thinking, data analysis, and regulatory compliance, skills that are in high demand in industries ranging from banking and consultancy to government and multinational corporations.
Types of Accounting and Finance Degrees
Diploma in Accounting and Finance
A diploma in accounting and finance is a practical, entry-level qualification designed to introduce students to the fundamental principles of finance, accounting systems, and business administration. The course typically includes:
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Financial statement preparation
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Budgeting and forecasting
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Financial reporting standards
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Basic taxation and payroll functions
This qualification serves as a stepping stone into employment or further study. Diploma graduates may work as accounts clerks, tax agents, payroll officers, or use the qualification to progress to a bachelor’s degree in accounting or finance.
Bachelor’s in Accounting and Finance
The Bachelor of Accounting and Finance (often abbreviated as BAF or similar) is an undergraduate qualification typically completed over three years. The course develops a well-rounded understanding of core business disciplines and financial systems, covering areas such as:
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Financial and management accounting
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Auditing and assurance
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Corporate finance
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Investment analysis
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Business law
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Risk management and taxation
Many Australian universities also embed professional accreditation pathways into their accounting and finance degrees, preparing students to meet the requirements of organisations such as CPA Australia or Chartered Accountants ANZ.
Master’s in Accounting and Finance
A Master’s in Accounting and Finance is a postgraduate degree aimed at those who wish to deepen their understanding of complex financial concepts, frameworks, and analytical techniques. Often open to both commerce and non-commerce graduates, this degree provides:
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Advanced training in financial reporting and performance analysis
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Exposure to international accounting standards and corporate governance
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Skills in financial planning, data-driven decision-making, and ethical leadership
Students build strong numeracy, communication, and teamwork capabilities and often work on real-world case studies or capstone research projects.
Doctorate in Accounting and Finance
The PhD in Accounting and Finance is a research-focused qualification for students aiming to contribute original research to the field. This rigorous programme includes:
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In-depth study of financial theory, auditing, corporate governance, and capital markets
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Doctoral-level coursework in research methodology and statistics
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Independent research under academic supervision leading to a thesis
Graduates of PhD programmes often pursue academic careers as lecturers or professors, or take up senior research positions in the public or private sector, including roles in government finance departments, think tanks, or international consultancies.
Scholarships
Australia offers a wide range of scholarships, grants, and bursaries that can help and support financially when studying in Australia.
| Scholarship | Offered by | Award |
| Global Curtin Scholarships – Australian Year 12 Scholarship | Curtin University | 25% off first-year tuition fee. |
| ANU PhD Scholarships | The Australian National University | $34,000 |
| Richard Cullen and Siu-Kuen Chan Scholarship at International House | The University of Melbourne | $7,000 |
| ANU College of Business and Economics Postgraduate Merit Scholarship | Australian National University | 50% domestic fee tuition waiver |
| Undergraduate Academic Excellence International Scholarship | University of Technology Sydney | 25% domestic fee tuition waiver |
Jobs and Careers
The Bureau of Labour Statistics (BLS) projects that roles for financial advisors – a popular job for graduates with a bachelor of finance will grow by 4% from 2019-2029. In addition, graduates in accounting and finance in Australia can enjoy lucrative career opportunities, earning an average median annual salary of $87,850. Some top jobs in the field of finance include:
- Chartered accountants
- Stockbrokers
- Actuary
- Tax advisers
- Investment banker
Salary
The average accounting and finance salary in Australia is $99,500 annually. Entry-level positions start with an average wage of $82,611 annually, while the most experienced workers make up to $161,850 annually. Here is a pay scale range for each job designation –
| Job Profile | Average Pay Scale |
| Chartered accountants | $197,600 |
| Business consultants | $74,100 |
| Tax advisor | $118,750 |
| Economist | $114,590 |
| Company Secretary | $120,000 |
| Stockbroker | $90,000 |
Top Universities for Accounting and Finance in Australia
To learn more about the accounting and finance universities in Australia, find details on the top-ranking Accounting and Finance courses in the QS World University Rankings by Subject 2025 below:
- The University of New South Wales
- The University of Melbourne
- The University of Sydney
- Monash University
- Australian National University
- The University of Queensland
- Macquarie University
- Deakin University
- RMIT University
- University of Western Australia
Study Accounting and Finance in Australia
If you want to study for an accounting degree in Australia, arrange a free consultation today. Our expert team can assist with course selection, scholarship availability and how to apply. You’re in good hands.
FAQs
What is the difference between accounting and finance?
Accounting refers to the day-to-day cash flow in and out of a business or institution. On the other hand, finance is a broader term that refers to managing assets and liabilities and planning future growth.
Why is Australia the preferred destination for accounting and finance courses?
Australia is known for its strong economy and global business connections, which can open doors of opportunities after completing their degree from an Australian university. In addition, the average accounting and finance salary in Australia is $99,500 annually.
Why should you study accountancy in Australia?
Australia offers high employment possibilities. The graduates can expect excellent job prospects, as the country offers the most popular study options with strong industry growth and higher potential earnings.
What are accounting and finance employment opportunities?
The average pay scale for accounting in Australia is $99,500 annually. Entry-level positions start with an average wage of $82,611 annually, while the most experienced workers make up to $161,850 annually. Some popular career options include business development manager, chartered accountant, data analyst, and economist.