However, if we only look at the accounting and finance majors in business, the University of New South Wales ranks first, with a global ranking of 15, the University of Melbourne ranks second, with a global ranking of 16, followed by the University of Sydney, Monash University and the Australian National University. It can be seen that the five universities of Australia's eight universities are all in the top 40 in the world, but the order is slightly different, which also shows that the strength of Australia's eight universities is excellent.