Thinking to Study Finance and Accounting in Australia? But first, answer me- are you a money lover? Is money, business, and management something that interests you? (don’t be ashamed, we all like money, right?) <\/p>\n\n\n\n
Having an interest in Finance and Accounting might make a good career choice for you if you study<\/a> one. Explore what studying in this field can offer you in Australia. <\/p>\n\n\n\n In addition, Australia has many more courses to offer, like\u00a0Engineering<\/a>,\u00a0MBA<\/a>,\u00a0Medicine<\/a>,\u00a0Nursing<\/a>,\u00a0and many more. If you want to know about these courses, read them on our blog. You can even watch it on our YouTube channel available freely.\u00a0<\/p>\n\n\n\n The world of accounting and finance revolves around money. The importance of accounting lies in providing updates on the company’s financial health. Reports provide information about progress and threatening problems for the company. It is common to group them together as the same field of study, but there are differences between the two areas of expertise. <\/p>\n\n\n\n Finance focuses only on the management of monetary funds of a business, including assets and liabilities, and planning for future growth. On the other hand, accounting analyzes a wide range of information for various aspects of a company. <\/p>\n\n\n\n It has only two major fields, although universities offer a wide range of courses, such as a Bachelor of Accounting with Law, a Bachelor of Accounting and Entrepreneurship, a Bachelor of Finance and Management, a Bachelor of Finance and Marketing program, etc. <\/p>\n\n\n\n It pertains to the preparation, evaluation, and management of financial records in businesses. The degrees in this field prepare students for specialized careers that typically involve analyzing and utilizing financial information to evaluate the financial position of businesses. <\/p>\n\n\n\n The topic of accounting can be further divided into specialized topics such as auditing, taxation, assessment, international accounting, forensic accounting, and management accounting. <\/p>\n\n\n\n A finance career typically involves managing current and future figures within a business, making it slightly more lucrative than an accounting career. Further studies in finance include corporate finance, financial evaluation, behavioral finance, capital markets, investment management, and many others that can help you become more specialized in this area. <\/p>\n\n\n\n Students studying Accounting and Finance will develop many essential skills that are applicable to jobs related to the degree. There are some skills that will help you to stand out in an extremely competitive field: <\/p>\n\n\n\n The accounting and finance field relies heavily on numerical skills since it deals with money and figures. <\/p>\n\n\n\n Accounting involves a lot of mathematical operations like addition, subtraction, multiplication, and division most of the time, as well as a lot of accounting equations in different forms needed to prepare a balance sheet and the double-entry accounting system. <\/p>\n\n\n\n An accountant solves problems by managing cash flow, collecting debts, and improving business records. A finance professional analyzes which markets and products are profitable and which products to sell to succeed. <\/p>\n\n\n\n The accounting and finance industry is fast-paced, and clear communication is essential for productivity. Communicating effectively, both orally and in writing, is crucial to avoiding miscommunication at work and increasing productivity. <\/p>\n\n\n\n The Top 10 Universities to study accounting are listed below, including some of the more affordable and high-quality programs. <\/p>\n\n\n\n This list of Accounting-related degrees continues our “Affordable Universities” series for different Bachelor’s degrees. There are a number of Bachelor’s degrees in accounting, including minors in accounting and related areas of study, as well as Bachelor’s programs that lead to careers as accountants, auditors, or some of the alternate careers.<\/p>\n\n\n\n According to the type of qualification, it is necessary to meet different entry requirements for universities in Australia. Here are the general entry requirements for universities in Australia: <\/p>\n\n\n\n Bachelor in these degrees can lead to a wide variety of careers. The majority of graduates in this field become accountants or auditors (internal or external), but there are other opportunities as well. There are several types of accountants: public, management\/corporate, government, chartered accountants (in private or public practice), forensic, and CPAs (Chartered Professional Accountants). However, furthermore, courses are listed below: <\/p>\n\n\n\n The study durations vary depending on the study level and are as follows:<\/p>\n\n\n\n With a degree in accountancy and finance, you may be able to find jobs in related fields, including those directly related to your degree and others where your degree would be useful. Here are a few examples: <\/p>\n\n\n\n A combination of experience, personal skills, and qualifications primarily determine salaries for Accountants. <\/p>\n\n\n\n Furthermore, a company’s industry and size can also influence the remuneration. <\/p>\n\n\n\n The finance function continues to evolve in times of uncertainty as technology continues to automate many aspects of the accounting process. Therefore, a candidate’s familiarity with the latest software and data management techniques will help determine an appropriate Accountant’s salary. <\/p>\n\n\n\nStudy Finance and Accounting in Australia – what is it all about?<\/strong><\/mark>\u00a0<\/h2>\n\n\n\n
Accounting and Finance: Major fields<\/strong><\/mark>\u00a0<\/h2>\n\n\n\n
Accounting<\/mark><\/strong> <\/h3>\n\n\n\n
Finance<\/mark><\/strong> <\/h3>\n\n\n\n
What skills are needed to Study Finance and Accounting in Australia<\/strong><\/mark><\/h2>\n\n\n\n
Ability to work with <\/mark><\/strong>numb<\/span><\/font>ers.<\/mark><\/strong> <\/h3>\n\n\n\n
An analytical approach to solving problems.<\/mark><\/strong> <\/h3>\n\n\n\n
Communication skills: Oral and written.<\/strong>\u00a0<\/mark><\/h3>\n\n\n\n
A list of the top ten universities to Study Finance and Accounting in Australia<\/strong><\/mark><\/h2>\n\n\n\n
No.<\/strong><\/td> University<\/strong><\/td> QS World
Rankings
2017\/2018<\/strong><\/td><\/tr>1.<\/td> The University of New South Wales (UNSW Sydney)<\/td> 11<\/td><\/tr> 2.<\/td> The University of Melbourne<\/td> 14<\/td><\/tr> 3.<\/td> The University of Sydney<\/td> 20<\/td><\/tr> 4.<\/td> The Australian National University (ANU)<\/td> 23<\/td><\/tr> 5.<\/td> Monash University<\/td> 26<\/td><\/tr> 6.<\/td> The University of Queensland (UQ)<\/td> 39<\/td><\/tr> 7.<\/td> Macquarie University<\/td> 51-100<\/td><\/tr> 8.<\/td> The University of Adelaide<\/td> 51-100<\/td><\/tr> 9.<\/td> The University of Western Australia (UWA)<\/td> 51-100<\/td><\/tr> 10.<\/td> University of Technology Sydney (UTS)<\/td> 51-100<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n What are the best places to study accounting in Australia? (Undergraduate\/Graduate Studies)<\/mark><\/strong> <\/h2>\n\n\n\n
University<\/strong><\/td> Area<\/strong><\/td> Annual Fee
2017\/2018
in AUD<\/strong><\/td><\/tr> University of New South Wales (UNSW Sydney)<\/td> NSW<\/td> $39,360<\/td><\/tr> Monash University<\/td> VIC<\/td> $39,100<\/td><\/tr> Australian National University<\/td> CAN<\/td> $39,024<\/td><\/tr> University of Sydney<\/td> NSW<\/td> $38,500<\/td><\/tr> University of Melbourne<\/td> VIC<\/td> $36,832<\/td><\/tr> University of Queensland<\/td> QLD<\/td> $36,336<\/td><\/tr> University of Western Australia<\/td> WA<\/td> $36,000<\/td><\/tr> University of Adelaide<\/td> SA<\/td> $35,500<\/td><\/tr> Macquarie University<\/td> NSW<\/td> $34,726<\/td><\/tr> Bond University<\/td> QLD<\/td> $33,640<\/td><\/tr> University of Technology Sydney<\/td> NSW<\/td> $31,560<\/td><\/tr> Deakin University<\/td> VIC<\/td> $30,800<\/td><\/tr> University of Canberra<\/td> CAN<\/td> $30,450<\/td><\/tr> Curtin University<\/td> NSW, WA<\/td> $30,000<\/td><\/tr> RMIT University<\/td> VIC<\/td> $28,800<\/td><\/tr> University of Wollongong<\/td> NSW<\/td> $28,716<\/td><\/tr> University of South Australia<\/td> SA<\/td> $28,400<\/td><\/tr> Queensland University of Technology<\/td> WA, QLD<\/td> $27,867<\/td><\/tr> Edith Cowan University<\/td> WA<\/td> $27,700<\/td><\/tr> University of Tasmania<\/td> TAS<\/td> $27,600<\/td><\/tr> University of South Queensland<\/td> QLD<\/td> $27,040<\/td><\/tr> James Cook University<\/td> QLD<\/td> $27,500<\/td><\/tr> La Trobe University<\/td> NSW<\/td> $27,000<\/td><\/tr> Swinburne University of Technology<\/td> VIC<\/td> $26,900<\/td><\/tr> University of Newcastle<\/td> NSW<\/td> $26,600<\/td><\/tr> Griffith University<\/td> QLD<\/td> $26,500<\/td><\/tr> Flinders University<\/td> VIC<\/td> $26,100<\/td><\/tr> University of Western Sydney<\/td> NSW<\/td> $25,480<\/td><\/tr> Victoria University<\/td> VIC<\/td> $25,200<\/td><\/tr> University of New England<\/td> NSW<\/td> $25,000<\/td><\/tr> The University of North Dame<\/td> WA<\/td> $24,714<\/td><\/tr> Federation University Australia<\/td> VIC<\/td> $24,700<\/td><\/tr> Australian Catholic University<\/td> QLD, VIC, NSW<\/td> $24,512<\/td><\/tr> Central Queensland University (CQU)<\/td> QLD<\/td> $23,760<\/td><\/tr> Charles Sturt University<\/td> NSW<\/td> $22,800<\/td><\/tr> University of Sunshine Coast<\/td> QLD<\/td> $22,400<\/td><\/tr> Southern Cross University<\/td> VIC<\/td> $20,560<\/td><\/tr> Charles Darwin University<\/td> DAR<\/td> $20,440<\/td><\/tr> Kaplan Business School<\/td> SA, QLD, NSW, VIC<\/td> $15,600<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Entry requirements and qualifications for Studying Finance and Accounting in Australia<\/strong><\/mark>\u00a0<\/h2>\n\n\n\n
Qualification<\/strong><\/td> Requirements<\/strong><\/td><\/tr> Foundation<\/td> IELTS Academic: 5.0 – 6.5
TOEFL PB: 500 – 550
TOEFL IBT: 45 – 80 (*writing not less than 18)
PTE Academic: 42 – 54 (*writing not less than 42)
CAE: 41 – 52
SPM: aggregate of 30-35 or less across 5 academic subjects<\/td><\/tr>Diploma<\/td> IELTS Academic: 5.5 – 6.0
TOEFL PBT: 527 – 550
TOEFL IB: 46 – 68 (*writing not less than 22)
PTE Academic: 54 (each section must be more than 46)
CAE: 52STPM\/ A-level: 2 passes
UEC: aggregate of 30 or less across 6 subjects<\/td><\/tr>Bachelor\u2019s Degree<\/td> IELTS Academic: 6.0 – 6.5
TOEFL PBT: 550
TOEFL IB: 60 – 75 (*writing not less than 20)
PTE Academic: 50 (each section must be more than 42)
CAE: 52
Matrikulasi: CGPA 2.0 and above
STPM: CGPA 3.0 and above
UEC: aggregate score of 20 or less across five subjects (excluding English, Chinese and Malay)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nCourses Available in this field: <\/mark><\/strong><\/h2>\n\n\n\n
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Duration of the study program<\/mark><\/strong> <\/h2>\n\n\n\n
Study Levels<\/strong><\/td> Duration<\/strong><\/td><\/tr> Foundation<\/td> 1 year<\/td><\/tr> Diploma<\/td> 6 months – 1 year<\/td><\/tr> Bachelor\u2019s Degree<\/td> 3 years<\/td><\/tr> Master\u2019s Degree<\/td> 1 – 2 years<\/td><\/tr> PhD<\/td> 3 – 4 years<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Job Opportunities after Study of Finance and Accounting in Australia<\/mark><\/strong> <\/h2>\n\n\n\n
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Salary of Accountants in Australia after Study of Finance and Accounting in Australia<\/mark><\/strong><\/h2>\n\n\n\n
Accountants’ salaries in Australia: How to negotiate<\/strong><\/mark>\u00a0<\/h2>\n\n\n\n