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Masters in Accounting – Top Universities, Requirements & Career Scope (2025)

masters-in-accounting-best-universities-types-requirements

 What Is a Master's in Accounting?

A Master's in Accounting is a postgraduate degree that prepares students for high-level careers in finance, audit, taxation, and business management. It is ideal for commerce or ABM graduates from the Philippines who want to gain international credentials.

Common degrees:
  • Master of Accounting (MAcc)
  • Master of Professional Accounting (MPA)
  • MSc in Accountancy

Why Study Accounting Abroad?

  • Gain a globally recognised qualification
  • Boost your chances for CPA, CA, ACCA certification
  • Get post-study work rights and possible PR in countries like Canada, Australia, and UK
  • Access better job roles in audit, fintech, and global consulting

Top Universities for Masters in Accounting (2025)

Country Best Universities Notable Programs
Australia Monash University, UNSW, Deakin Master of Professional Accounting
Canada University of Toronto, York, Concordia Master of Accounting, MMPA
UK University of Glasgow, Manchester, Leeds MSc Accounting and Finance
USA University of Illinois, NYU, USC Master of Accountancy, MSAcc
New Zealand University of Auckland, Otago MProfAcctg

Entry Requirements for a Master's in Accounting

Requirement Details
Bachelor’s Degree Accounting, Finance, or ABM-related
GPA 2.5 – 3.0 or above (varies by university)
IELTS / TOEFL / PTE IELTS 6.5 or equivalent (some accept Duolingo)
Letters of Recommendation 1–2 academic or professional
Statement of Purpose (SOP) Career goals + motivation for the course
CV/Resume For experienced or professional applicants
Need help writing SOPs? Visit: How to Write SOP for Masters Abroad

Tuition Fees & Duration

Country Duration Avg. Tuition per Year (PHP)
Australia 1.5 – 2 years ₱950,000 – ₱1.4M
Canada 1 – 2 years ₱850,000 – ₱1.3M
UK 1 year ₱1.1M – ₱1.5M
USA 1.5 – 2 years ₱1.5M – ₱2.2M
New Zealand 1 – 1.5 years ₱900,000 – ₱1.3M

Scholarships are available for high-performing applicants.

Career Options After a Master's in Accounting

Role Average Global Salary (PHP/year)
Financial Analyst ₱1.5M – ₱2.2M
Auditor / Internal Auditor ₱1.3M – ₱2.0M
Tax Consultant ₱1.2M – ₱1.8M
Cost Accountant ₱1.0M – ₱1.6M
Management Accountant ₱1.4M – ₱2.1M
Forensic Accountant ₱1.6M – ₱2.3M

Many graduates pursue CPA, ACCA, or CMA credentials post-degree.

Conclusion

A Master's in Accounting from an international university opens doors to high-paying jobs, globally recognised credentials, and long-term immigration benefits.

AECC can help you:

  • Choose the right university and country
  • Prepare your documents, SOP, and LOR
  • Apply for scholarships and visa

Start your journey to become a global accountant with AECC Philippines today.

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