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QS Rank:

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37

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University of Melbourne

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Victoria

Australia

The Bachelor of Commerce in Accounting at the University of Melbourne is a distinguished program that equips students with a profound understanding of accounting principles and practices. This prestigious degree not only emphasizes theoretical knowledge but also focuses on practical skills essential for thriving in a dynamic business environment. The curriculum is meticulously crafted to provide a robust foundation in both accounting and broader business concepts, ensuring that graduates are well-prepared to meet the challenges of the global marketplace.

Throughout the program, students engage in a variety of modules including Financial Reporting, Management Accounting, Auditing, and Taxation Law. Each course is designed to build analytical and problem-solving skills, which are crucial for a successful career in accounting. Furthermore, students will explore contemporary issues such as corporate governance and ethics, enhancing their ability to operate responsibly in the business world.

The University of Melbourne prides itself on offering hands-on learning experiences through case studies, team projects, and real-world simulations. This approach is complemented by the opportunity to engage in internships with leading firms, providing invaluable industry exposure. In addition to accounting principles, the program also integrates critical aspects of business management, finance, and strategic decision-making, which are essential for graduates aspiring to hold leadership positions in their future careers.

With a faculty composed of highly experienced professionals and scholars, students benefit from expert instruction and mentorship. Faculty members are not only well-versed in academic theory but also possess substantial industry experience, allowing them to provide insights that bridge the gap between study and practice. The teaching methodology incorporates interactive learning, encouraging students to participate actively in discussions, enhancing their understanding and retention of course material.

The Bachelor of Commerce in Accounting program also offers numerous research opportunities, allowing students to engage in groundbreaking projects that contribute to the field's body of knowledge. With state-of-the-art facilities and access to various academic resources, students are empowered to explore topics of interest deeply, guided by faculty experts. This research component is particularly beneficial for those considering further academic pursuits or specialized roles in accounting and finance.

Why Study Accounting at the University of Melbourne

  • This program is one of the most preferred by international students, reflecting its global recognition and reputation.
  • Students receive extensive hands-on learning experience through internships, preparing them effectively for real-world challenges.
  • The University features high-end classrooms that foster an engaging learning environment, complemented by a curriculum designed to challenge and inspire.
  • Students have access to a plethora of internship and job opportunities tailored to equip them with skills necessary for successful careers in accounting.
  • The program prepares students for a variety of critical roles in the finance sector, ensuring a strong alignment with industry requirements and expectations.

The university recognizes the importance of practical experience, which is why it actively facilitates internship placements. Students have the opportunity to work with prominent organizations such as Deloitte, KPMG, EY, and PwC. These internships provide students with essential industry experience, enabling them to apply theoretical knowledge in real-world setups. Additionally, mentoring programs connect students with industry professionals, enhancing their networking opportunities and career readiness.

Upon graduation, students from the Bachelor of Commerce in Accounting program are well-equipped to pursue various career paths. Graduates often find roles as Accountants, Financial Analysts, Compliance Analysts, and Investment Analysts, among others. The median base salary for graduates is approximately AUD 60,000, indicating the lucrative nature of careers stemming from this program. Alumni have reported successful placements in highly regarded firms, showcasing the program's effectiveness in preparing students for the workforce.

Alumni success stories further underscore the program's quality and relevance. Many graduates have advanced to prominent positions in leading firms, attributing their professional success to the comprehensive education and support received during their studies. This network of successful alumni serves as an invaluable resource for current students, providing insights and potential job placements in competitive industries.

The Bachelor of Commerce in Accounting not only meets academic requirements but also emphasizes the importance of ethical practice in business. The program integrates discussions on corporate governance and ethical decision-making, preparing students to navigate the complexities of the financial world responsibly. Learning these principles ensures that graduates are not only skilled professionals but also conscientious contributors to their organizations and society.

Admission to this esteemed program requires a minimum Australian Tertiary Admission Rank (ATAR) of 80.00, alongside completed VCE subjects that include English and Mathematics Methods. Students who do not initially meet these criteria may still have pathways through the university's Supplementary Admission Scheme, which evaluates academic potential comprehensively.

Proficiency in English is necessary for international students, with required scores from standardized tests like IELTS, TOEFL, or PTE. This emphasis on language competency ensures that all students can fully engage with course content and discussions throughout their studies.

The Bachelor of Commerce in Accounting at the University of Melbourne truly stands out for its holistic approach to education, blending rigorous academic training with practical experience and ethical considerations. The combination of a strong faculty, innovative teaching methods, and a rich array of resources makes this program an ideal choice for aspiring accountants. Graduates leave with not only the skills required for their profession but also the confidence and ethical grounding to succeed in their careers.

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Duration

36 Months

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Median Salary

$55,000

Ranking

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#25

US World and News Report

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#33

The World University Rankings

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#37

QS World University Rankings

Class Profile

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Class Size

200

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Average Age

22

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Average Work Experience

1 Years

Diversity

Asia:

25%

Africa:

5%

Oceania:

5%

Europe:

20%

North America:

15%

South America:

10%

Others:

20%

Career Outcomes

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Median Earnings After Graduation

$55,000 / year

Prospective Job Roles

Investment Analyst

Compliance Analyst

Credit Analyst

Financial Analyst

Accountant

Auditor

Data Analyst

Risk Analyst

Business Analyst

Financial Planner

Management Accountant

Cost Accountant

Tax Accountant

Controller

Treasurer

Budget Analyst

Forensic Accountant

CFO

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    58

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  • TOEFL

    79

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Deadlines

Fees and Funding

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Tuition Fees

$42,520 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Melbourne offers a variety of scholarships for students studying accounting. These scholarships are based on academic merit, financial need, or a combination of both. The university also offers scholarships from external organizations, such as the Australian Accounting Association and the Institute of Chartered Accountants Australia and New Zealand.
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    Australian Accounting Association

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    Institute of Chartered Accountants Australia and New Zealand

FAQs

  • A student can complete Accounting at University of Melbourne with in 36.

  • The application fee to pursue Accounting at University of Melbourne is AUD 100 for international students.

  • The annual tuition fee to pursue Accounting at University of Melbourne is AUD 42520.

  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Melbourne. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Melbourne requirements before submitting a score.

  • Accounting can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of University of Melbourne, they can easily pursue Accounting. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at University of Melbourne can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Melbourne website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at University of Melbourne by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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