Master of Professional Accounting - Fact Sheet

MASTER OF PROFESSIONAL ACCOUNTING

FAST FACTS

Caulfield 2 years Full time or part time Day and evening classes February and July CRICOS: 082336G COURSE CODE: B6011

Looking to add accounting to your business toolkit?

Complement your undergraduate studies, gain professional accreditation and graduate career ready.

Course structure

The Master of Professional Accounting is perfect if you’re a young professional or a recent graduate.

In this degree, you’ll cover the full spectrum of business, financial and management accounting – giving you a broad understanding that’ll complement your other studies.

You’ll also spend time learning the latest business practices while developing a more general professional skill set.

The course is structured in three parts.

Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies.

Part A. Advanced preparatory (24 credit points)

Part B. Mastery knowledge (60 credit points)

Part C. Application studies (12 credit points)

Four units: – Introduction to financial accounting – Business communication for accounting professionals – Economics – Business statistics

Nine units: – Strategic management accounting – Accounting information systems – Financial accounting – Management accounting – Advanced financial accounting – Auditing and assurance – Business finance – Business and company law – Taxation law One capstone experience from the following: – Integrated accounting – International study program in accounting – Industry placement* (6 or 12 points)

You must complete two units of electives from the following list: – Management control systems – Forensic accounting and fraud examination – Financial statement analysis and business valuation – Financial reporting issues – Integrated systems for business enterprises – Applied contemporary accounting – Case studies in risk management – Global financial markets – Corporate treasury management – Introduction to risk management – Integrated accounting – Business analytics – Business insights from data analysis – Engaging with international business – Australia – Advanced derivatives – International study program in accounting – Industry placement (12 points)

* Students who select to undertake the 12 point option as their capstone experience will only need to complete one unit (6 points) for Part C.

“After realising that quantitative and accounting skills were crucial for being a competent professional, I chose Monash because it was offering one of the topnotch accounting programs for graduates from a non-accounting background.

The world revolves around numbers and anyone who plans to work in the corporate environment, or open their own business, should understand how numbers work.”

BOGDAN TURINSKYI Master of Professional Accounting

Entry requirements

Where could it lead?

An Australian bachelor degree (or equivalent) with a Weighted Average Mark (WAM) of 60 or an equivalent GPA as determined by the School. You’ll be ranked and selected based on your entire academic record.

This degree will strengthen your CV for any business role, working alongside other studies to give you a more comprehensive picture of the way businesses operate across public, private and government sectors. You’ll also be qualified to take an accounting role.

Applicants who have completed relevant discipline units in an Australian bachelor degree (or equivalent qualification) may be eligible for credit for advanced preparatory units on the basis of recognised prior learning (RPL).

ENGLISH LANGUAGE REQUIREMENTS

All applicants must demonstrate English language proficiency at the required standard

> IELTS (Academic): 6.5 overall, no band lower than 6.0, or equivalent approved English test; OR > Tertiary study undertaken in an English medium institution; OR > Other acceptable measures include a combination of approved qualifications and residence/work experience within in an English speaking country > See https://www.monash.edu/admissions/english-language-requirements Don’t meet the English language requirements?

Apply for the Monash Bridging Program monashcollege.edu.au/courses/english/monash-english-bridging

Accreditation and professional recognition By studying this course you will qualify for associate membership with leading accounting institutions and industry bodies, such as CPA Australia, the Institute of Public Accountants, and entry into the Chartered Accountant’s Program of the Institute of Chartered Accountants Australia and New Zealand.

Why choose Monash Business School?

A degree from Monash Business School comes with global recognition, to help you launch a successful career wherever you land. We hold the prestigious ‘triple accreditation’ with the world’s three major business school accreditation bodies – putting us in the top 1% of business schools worldwide.

But that’s not the only reason our graduates stand out. In an industry characterised by disruption, we’ll challenge you to broaden your outlook, think more creatively and put innovative ideas to the test.

RANKED NO.36 IN THE WORLD

RANKED NO.58 IN THE WORLD

RANKED NO.75 IN THE WORLD

QS World University Rankings by Subject 2020

QS World University Rankings 2020

Times Higher Education World University Rankings 2020

monash.edu/business The information in this flyer was correct at the time of publication (July 2020). Monash University reserves the right to alter this information should the need arise. You should always check with the relevant faculty office when considering a course.