The University of Newcastle, Australia

About accounting and finance

If you study a degree within accounting and finance, you’ll develop a dynamic understanding of the complex finance industry. In a world with tough economic challenges, problem solvers are in high demand. The Australian Government Job Outlook predicts there will be 50,000 additional openings in this area leading up to 2020.

Commercial activity and financial management are components of every field and industry, involving the legal, economic, political, social and technological systems that support business activities. A university degree in accountancy and finance will best prepare you for work within this ever-changing industry.

Why study accounting and finance at UON?

  • Get hands-on accountancy skills - our programs are shaped around global learning, work placements, internships and entrepreneurial approaches to study.
  • Build overseas financial experience with a range of international immersion activities like exchange, placements, study tours and short courses.
  • Study in NeW Space, our new $95 million facility in Newcastle business district. Experience new-age learning and collaboration and idea sharing.
  • Our graduates get jobs with a 92% employment rate for Commerce students.
  • Be recognised - enjoy professional accreditation with numerous major bodies and professional organisations including CPA Australia, CA Australia and New Zealand and the Association of Chartered Certified Accountants (ACCA).
Video: Daisy is finding new opportunities in accounting and finance.
$140 billion ? financial services is the largest contributor to Australian economy

Undergraduate accounting and finance degrees

We understand that sometimes you don't know exactly which degree you'd like to pursue, but you know which field or major excites you. Use these areas of interest to narrow down your study options based on your interests and career goals.

All degrees

Degree name Selection rank
Bachelor of Business
Bachelor of Business / Bachelor of Commerce
Bachelor of Commerce
Bachelor of Commerce (Honours)
Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship
Bachelor of Commerce / Bachelor of Laws (Honours)

Accounting

Studying accounting as part of your degree will teach you the systematic and comprehensive recording of financial transactions. Within an Accounting major, you’ll learn to measure and analyse not only what is happening in organisations, but also the broader financial environment. As an accountant, you are involved in assessing the financial validity and future of organisations, as well as its investments, acquisitions, taxation, opportunities and threats.

Career examples

  • Accountant
  • Business Analyst
  • Forensic Accountant
  • Payroll Supervisor

Degrees

  1. Bachelor of Commerce (major in Accounting)
  2. Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship

Economics

In an Economics major you study the production, consumption and transfer of wealth. This area focuses on things like global economies, government spending, interest rates and government regulations. Economists analyse real-world problems such as sustainable economic growth, economic management and climate change and build models for planning and prediction of future events.

This specialisation is highly valued across industries and opens up doors all over the world.

Career examples

  • Economic Analyst
  • Social Statistician
  • Economist
  • Risk Analyst

Degrees

  1. Bachelor of Commerce (major in Economics)
  2. Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship
  3. Bachelor of Development Studies (major in Globalisation and Economic Development)

Finance

A Finance major is concerned with the study of managing money efficiently. It focuses on cash flow; asset and risk management; capital markets; portfolio theory; international finance; and forecasting and budgeting. It looks at pricing assets based on their risk level and expected rate of return.

Finance professionals can be involved in a range of industries including the stock market, banking or financial planning.

Career examples

  • Financial Analyst
  • Fund Manager
  • Investment Banker
  • Stockbroker

Degrees

  1. Bachelor of Commerce (major in Finance)
  2. Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship

Combined degrees

Studying a combined degree gives you two qualifications at once. The advantage is that you graduate with two degrees in less time than doing them separately. You may also gain a competitive edge in the employment market as employers are increasingly looking for staff with diverse skill-sets.

Degrees

  1. Bachelor of Business / Bachelor of Commerce
  2. Bachelor of Business / Bachelor of Innovation and Entrepreneurship
  3. Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship
  4. Bachelor of Commerce / Bachelor of Laws (Honours)
  5. Bachelor of Development Studies / Bachelor of Business
  6. Bachelor of Development Studies / Bachelor of Social Science
Scholarships Apply for an accounting and finance scholarship

Experience

NeW Space

Take a look at what it will be like to study in NeW Space, UON's $95 million landmark education precinct under development in the heart of Newcastle's CBD. The precinct will host a range of University-supported activities including business and law programs, digital library services and information commons and collaborative learning and research spaces.

Meet Sarah

Sarah speaks about her experience studying at The University of Newcastle's Central Coast campus, and how her degree has prepared her for a great career on the coast.

Biggie and Dex talk commerce

Learn what opportunities are open to you with a Bachelor of Commerce at UON.

Meet Angus

Commerce student Angus talks about what it's like to study a commerce degree at UON.

Browse degrees by study area

Assocation to Advance Collegiate Schools of Business

The Newcastle Business School is accredited with the Association to Advance Collegiate Schools of Business (AACSB), earned by fewer than 5% of the world's business programs. AACSB is the premier, and longest-standing, international accrediting body for business programs and is the international benchmark for excellence in business education.