Master of Professional Accounting

Postgraduate coursework

Open new doors in your career by expanding your skills and knowledge in business and finance. Apply to study Master of Professional Accounting.

Key facts

Duration

1.5 years full-time or part-time equivalent

Key dates

Direct applications to Deakin for Trimester 1 2019 close 17 February 2019

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

Course information

Deakin's Master of Professional Accounting covers engaging areas such as corporate and management accounting, commercial law, corporations law, accounting theory, economics, and finance. Open to graduates from both accounting and non-accounting background, you’ll be given the opportunity to become associate members of CPA Australia or to enter the Chartered Accountants Australia and New Zealand to undertake the CA program.

The accounting profession has recently seen a trend of shifting roles from predominantly providing financial information towards wide-ranging advisory services. Graduating with a Master of Professional Accounting from Deakin opens the door to a huge variety of business careers. Today’s accountants are regarded as providers of business management information – a role perfectly suited to graduates of this professional accounting course.

Read More

Course structure

To complete the Master of Professional Accounting, students must attain a total of 12 credit points, consisting of 12 credit points of core units. Most units (think of units as 'subjects') are equal to 1 credit point.

Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature.

12

Core units

0

Elective units

12

Total units

Core units

  • Accounting for Management MAA703 1, 2, 4
  • Financial Accounting MAA716 1, 2
  • Advanced Accounting Principles and Practice MAA725 1, 2
  • Professional Research and Analysis MAA753
  • Governance and Fraud MAA763
  • Business Law MLC707 1, 2, 4
  • Accounting MPA701 1, 2
  • Finance MPF753 1, 2, 4
  • Principles of Income Tax Law MLC703 2,3,4
  • Economics for Managers MPE781 1,2
  • MPM701/MPM701ABusiness Process Management 1,2,^
  • Corporate Auditing MAA705 2,3,4
  • Notes:

    1 Required by CPA Australia for Associate (foundation level) Membership.

    2 Required by the Chartered Accountants Australia and New Zealand for entry to the CA Program.

    3For candidates who have completed an accredited degree in Australia, this unit may be taken as part of the CPA program. Other students must complete the unit before becoming an Associate Member of CPA Australia

    4 For candidates who would like to obtain exemptions to the Association of Chartered Certified Accountants (ACCA) program.

    ^MPM701A is a Start Anytime unit.

    Key information

    Award granted
    Master of Professional Accounting
    Year
    2019 course information
    Deakin code
    M720
    CRICOS code?
    073435B
    Level
    Higher Degree Coursework (Masters and Doctorates)
    Approval status
    This course is approved by the University under the Higher Education Standards Framework.
    Australian Qualifications Framework (AQF) recognition
    The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.

    Campuses by intake

    Campus availability varies per trimester. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Read more to learn where this course will be offered throughout the year.

    Trimester 1 - March

    • Start date: March
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 2 - July

    • Start date: July
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 3 - November

    • Start date: November
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus
    Students who have commenced before T1 2019, please refer to the 2018 handbook, or the handbook archives, for the relevant course structure.

     

    Additional course information

    Domestic students enrolled in certain postgraduate coursework programs may be eligible for student income support through Youth Allowance and Austudy.

    Further information can be found at Deakin University's Fees website.

    Course duration - additional information

    Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

    Mandatory student checks

    Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

    Workload

    As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

    Participation requirements

    Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

    Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.

    Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

    Work experience

    This course provides students the opportunity to complete one or more elective work integrated learning units.

    [More information: WIL Programs]

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    Entry requirements

    Entry information

    Deakin University offers admission to postgraduate courses through a number of Admission categories.
    In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.

    All applicants must meet the minimum English language requirements.

    Minimum admission criteria:

    • Bachelor degree, major or other qualification at a higher AQF level in a related discipline, with a minimum Weighted Average Mark (WAM) of 60% OR
    • Bachelor degree in any discipline with a minimum WAM of 60% plus two years relevant work experience

    For more information on the Admission Criteria and Selection (Higher Education Courses) Policy visit Deakin Policy Library.

    Credit for prior learning

    The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.

    You can also refer to the Recognition of Prior Learning System which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place
    $28,200 for 1 yr full-time - Full-fee paying place
    Learn more about fees and your options for paying.
    Estimated tuition fee - (CSP)?
    Not applicable

    The available fee places for this course are detailed above.

    Tuition fees are determined by your enrolment:

    • If you are offered a full fee paying place, your tuition fees are calculated based on your course.
    • If you are offered a Commonwealth supported place, your tuition fees are calculated depending on the units you choose. Not all courses at Deakin have Commonwealth supported places available.

    The 'Estimated tuition fee' is provided as a guide only based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Recognition of Prior Learning.

    * One year full-time study load is typically represented by eight credit points of study. Each unit you enrol in has a credit point value. The 'Estimated tuition fee' is calculated by adding together 8 credit points of a typical combination of units for your course.

    You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.

    Learn more about fees and available payment options.

    FEE-HELP calculator

    What is FEE-HELP?

    FEE-HELP loans cover up to 100% of tuition fees for eligible students. By taking out a FEE-HELP loan, the government pays your tuition fees directly to Deakin, and the balance is repaid from your employment income - but only once you're earning over $51,956.

    Please note: fees shown by the calculator are indicative only and based on 2019 rates. Actual fees may vary. We advise confirming fees with Prospective Student Enquiries prior to enrolment.

    Estimate your FEE-HELP repayments

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    Your estimated FEE-HELP repayments

    • $* is the 2019 estimated tuition fee for a Master of Professional Accounting (12 credit points) at Deakin
    • is the annual FEE-HELP payment, based on your current salary
    • of your current salary be spent on FEE-HELP

    *Disclaimer

    Deakin University (Deakin):

    • gives no warranty and accepts no responsibility for the currency, accuracy or the completeness of the information provided;
    • advises users that no reliance should be placed upon on the information provided, and;
    • instructs users that they should confirm the actual course fee with Prospective Student Enquiries prior to enrolment.

    This tool provides indicative information about the fees that will be payable in respect of courses and subjects offered to prospective students domiciled in Australia during the periods indicated.

    Please note that the fees shown by the calculator are indicative only and actual fees may vary. Users are advised to confirm the actual course fee with Prospective Student Enquiries prior to enrolment.

    The estimated course fee is based on the tuition fee costs applicable to a domestic full time student commencing the course in Trimester 1 and studying full time for the duration of the course but:

    • does not include non-tuition costs that may apply, such as Student Services and Amenities Fees (SSAF);
    • does not take into account any scholarships or bursaries awarded to the student (including the 15% Deakin Alumni Postgraduate Course Fee Bursary);
    • assumes the maximum number of units that need to be successfully completed actual number completed may be reduced if Credit for Prior Learning is granted;
    • assumes that no exceptional, or non-typical, circumstances apply to the proposed course of study;
    • assumes that the options that the user selects are appropriate for the course of study that they intend to undertake;
    • where fees are estimated for future years those fee will be subject to annual increases in accordance with increases in the cost of course delivery.

    Scholarship options

    A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.

    Search or browse through our scholarships

    Postgraduate bursary

    If you’re a Deakin alumnus commencing a postgraduate award course, you may be eligible to receive a 15% reduction per unit on your enrolment fees. Your Immediate Family Members may also be eligible to apply for this bursary.

    Learn more about Deakin’s 15% postgraduate bursary

    Apply now

    How to apply

    Apply direct to Deakin

    Applications can be made directly to the University through the Applicant Portal if you are only applying for one course. For information on the application process and closing dates, see the how to apply web page. Please note that closing dates may vary for individual courses.

    Apply through Deakin
    Need more information on how to apply?

    For more information on the application process and closing dates, see the How to apply webpage. If you're still having problems, please contact us for assistance.


    Register your interest to study at Deakin

    Please complete the Register your interest form to receive further information about our direct application opportunities.


    Faculty contact information

    Faculty of Business and Law - student advisers
    Tel 03 9244 6555
    Email buslaw@deakin.edu.au

    Why choose Deakin

    Career outcomes

    Graduates of this course would typically seek employment in areas of accounting such as financial accounting, auditing, taxation, management accounting, public sector accounting, forensic accounting or commercial law. However accountants can choose to work in a range of different environments depending on their own skills and preferences. They can choose to work in large firms, small public practices, industry, government, law firms, management consultancies, banking and financial services, not-for-profit organisations (NPOs) or educational organisations. Many also set up their own businesses.

    Given the fundamental shift of accountants towards a wide-ranging advisory role, career opportunities are also becoming available in other vocations including working as financial planners, investment advisers, market analysts, tax consultants, advisers in mergers and acquisitions, in corporate recovery and insolvency, treasury banking, e-commerce or information technology.

    Professional recognition

    Completion of the appropriate selection of units within the Master of Professional Accounting grants eligibility for entry as an associate member of CPA Australia, and meets the educational requirements for entry into the CA program of the Chartered Accountants Australia and New Zealand (CA ANZ), the Institute of Public Accountants (IPA), Professional Accounting Program (PEP). Upon completion of appropriate program units, it is also possible to receive exemptions from the Association of Chartered Certified Accountants (ACCA) towards the ACCA qualification. Completion of this qualification will allow students to enter the Certified Management Accountants (CMA) study program.

    Students should carefully note the trimesters when units are offered to ensure that all required units can be completed in the appropriate time frame.

    Students who wish to enter the CA, CPA programs or exemptions to the ACCA program are advised that it is their responsibility to ensure that they take the appropriate units required for entry.

    Students who have completed prior undergraduate or graduate units in accounting or other core knowledge areas are advised to have their qualifications assessed by their preferred professional organisation to ensure they complete the correct units.

    Please note: The eligibility of students for membership of any of the accounting accrediting bodies is subject to meeting the requirements of that body. Deakin makes no representations that individuals will meet those requirements.

    Students should consult with a course adviser to identify any additional requirements for membership for each professional body, and also consult with the professional body.

    Course learning outcomes

    Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.

    Graduate Learning Outcome Course Learning Outcome
    Discipline specific knowledge and capabilities Demonstrate an advanced and integrated understanding of current and emerging accounting concepts and practices in contemporary business.
    Communication Use advanced communication skills to justify and communicate complex accounting concepts and ideas to both accountants and non-accountants
    Digital literacy Select and apply appropriate digital technologies to find, use, manage and disseminate complex accounting and business data, information and ideas.
    Critical thinking Use a specialised set of high order cognitive and critical analysis skills expected of accounting professionals in contemporary business to evaluate, synthesise and justify complex ideas and recommendations.
    Problem solving Develop solutions to real world and ill-defined problems faced by accounting professionals in business.
    Self-management Use acquired skills to undertake own work and learning and conduct independent research.
    Teamwork Collaborate and communicate in teams to interpret decision-relevant information and develop accounting and business advice and ideas.
    Global citizenship Engage ethically, professionally and productively in a professional accounting and business context in light of changing global perspectives.
       

     


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