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Ever envisioned yourself at the forefront of financial expertise, delving into the world of accounting? Perhaps you're already navigating the path to becoming a certified accountant. Did you know that Australia presents itself as an opportune hub for accounting professionals?

If you're contemplating a Master of Professional Accounting, we've got you covered in this blog! Discover the top colleges in Australia that pave the way for a successful career in accounting.

Why Study Master鈥檚 of Professional Accounting in Australia?

While the dynamic field of public practice accounting undeniably positions accounting as a premier career choice in Australia, this is just the tip of the iceberg. Numerous other compelling factors contribute to the prominence of accounting as a sought-after profession in the country. Here, we delve into the various reasons.

• The demand for accounting currently stands at 84,000, and projections indicate a continual surge over the next five years, with an anticipated annual growth of more than 17,000 new jobs.
• Eight Australian universities rank among the top 100 globally, and a considerable portion of them maintain a 100% acceptance rate.
• Students have the flexibility to engage in part-time work for up to 20 hours per week and up to 40 hours during holiday seasons. This provides them with valuable work experience and supplementary income while pursuing their studies.
• Choose Australia for your accounting master's degree to blend theoretical knowledge with practical application. Benefit from strong support networks, including tutors and internships, at the best universities, establishing a solid foundation for success in accounting and finance.

Top 15 Colleges for Master of Professional Accounting in Australia for International Students

Below is a curated list that highlights the top 10 colleges for MPA in Australia and Master of accounting in Australia fees, each distinguished for its commitment to shaping globally competitive accounting professionals through innovative curriculum, esteemed faculty, and a supportive learning environment.

Also Read: Top 10 Colleges in Melbourne for International Students

Master of Professional Accounting in Australia Syllabus

Different universities in Australia have different course syllabus, however, here is general information based on these universities such as Deakin University, University of South Australia, Victoria University, Swinburne University of Technology, and Melbourne Institute of Technology.

Also Read: How to Write The Best SOP for an Australian Student Visa?

Explore: Cost of Studying In Australia For Indian Students In 2023

Eligibility Criteria for Pursuing Masters in Accounting in Australia

To pursue a Master's in Accounting in Australia, candidates typically need to meet specific criteria. Here are a few eligibility requirements that you should take note of. However, students are advised to check the specific requirements of the university they intend to apply to for accurate information.

• Valid passport
• International student visa for travel to Australia
• Bachelor鈥檚 degree in Accounting or related field with a minimum aggregate of 50%
• Successful clearance of the Certified Public Accountant (CPA) examination
• Minimum IELTS score of 6.5 (reading, writing, and spoken) for English proficiency
• Criteria may vary among universities; applicants are advised to check specific requirements with their chosen institution.

*CPA Exam: In Australia, professional accounting students are required to complete the Certified Public Accountant (CPA) exam to practice public accountancy, particularly in fields like financial analysis, management accounting, treasury management, and financial reporting.

The CPA exam comprises four parts: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).

Admission Requirements for Professional Accounting Master鈥檚 in Australia

Here are the admission requirements, apart from the below list some universities may also consider professional experience or the completion of specific accounting certifications as valuable assets in the admission process.

• Confirmation of Enrollment (CoE) from the applied university
• Letter of Offer confirming successful application
• Certificate of Genuine Temporary Entrant (GTE) indicating a genuine intent for study
• Overseas Student Health Cover (OSHC) for medical needs during the stay in Australia
• Proof of funds demonstrating financial sufficiency for education and stay
• Character certificate with no criminal record
• Completed medical health checkup certificate ensuring good health for travel
• Fulfilling these criteria ensures a smooth visa application process for Indian students pursuing education in Australia.

Step-by-Step Application Process for Securing Admission to MPA Courses in Australia

Below are the Enrollment procedures for pursuing the Master of Professional Accounting (MPA) Program in Australia. It is essential to adhere to the following process:

• Step 1: Select reputable universities offering the Master's in Professional Accounting program in Australia.
• Step 2: Review the latest eligibility criteria on the university's official website for applying to the course.
• Step 3: Complete the application form and remit the associated application fee.
• Step 4: Submit all required documents to the university via email, aligning with the specified application prerequisites.
• Step 5: Successfully participate in and pass the student application interview conducted by the university.
• Step 6: Initiate the student visa application process at least three months before the commencement date.

Scholarships to Study for an Accounting Master's Degree in Australia

Many Australian universities provide scholarships, and even the most affordable Master of Professional Accounting courses in Australia are eligible for such financial assistance. Below, we have outlined commonly offered and chosen scholarships for international students.

Here are some of the other scholarships that Australian students can benefit from Top 18 Scholarships in Australia for Indian Students

Job Opportunities After Completing Master of Professional Accounting in Australia

There are various careers upon completing your Master of Professional Accounting in Australia. Benefit from a wealth of job opportunities, ranging from roles in financial management, and auditing, to consulting, as you gain specialized skills highly sought in the global market.

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