Master of Professional Accounting and Law

Postgraduate coursework

Deakin's Master of Professional Accounting and Law provides a range of coherent, multidisciplinary studies in a range of business and law disciplines.

Key facts

Duration

Depending on your professional experience and previous qualifications, the Master of Professional Accounting and Law is typically 1, 1.5 or 2 years duration.

  • 1 year full time (2 years part time) – 8 credit points
  • 1.5 years full time (3 years part time) – 12 credit points
  • 2 years full time (4 years part time) – 16 credit points

Deakin courses can also be studied part time over a longer period.

 

Current Deakin Students

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

Course information

The accounting profession has recently seen a fundamental shift from a role that was seen as providing financial information and number crunching towards a multi-disciplinary advisory role. Similarly, many law firms increasingly favour graduates who display accounting and financial acumen.

Deakin's Master of Professional Accounting and Law (MPAL) course provides an advanced, integrated, and coherent set of multidisciplinary studies in a range of business and law disciplines, encompassing areas such as accounting, finance, commercial law and business taxation. Graduates will possess a skill-set covering accounting and related business law subjects, including superannuation, business taxation and financial services regulation.

The course offers graduates a pathway to gain entry to professional accounting bodies such as the CPA Australia, the Institute of Public Accountants, Chartered Accountants Australia and New Zealand and exemptions from the Association of Chartered Certified Accountants (ACCA).

Graduates with a Master of Professional Accounting and Law will have multi-disciplinary skills with the ability to solve complex business issues in multiple markets.

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Course structure

The Master of Professional Accounting and Law is typically 8, 12 or 16 credit points. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money.
For students undertaking 16 credit points, you study 13 credit points of core units and 3 credit points of elective 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.

13

Core units

3

Elective units

16

Total units

Core units

  • Academic Induction for Professional Accounting and Law MLM070 #
  •  

    Plus

  • Accounting MPA701 1,2
  • Accounting for Management MAA703 1, 2, 4
  • Corporate Auditing MAA705 2, 3, 4
  • Financial Accounting MAA716 1, 2
  • Advanced Accounting Principles and Practice MAA725 1, 2
  • Economics for Managers MPE781 1,2
  • Finance MPF753 1,2,4
  • MPM701/MPM701ABusiness Process Management *1, 2
  • Principles of Income Tax Law MLC703
  • Business Law MLC707 1, 2, 4
  • Corporations Law MLM731
  • Corporate Governance MLM706
  • Research Methodology MLM705
  • * MPM701A is a Start Anytime unit

    #Online Induction is compulsory for all students. The Induction is available at Cloud Course Site. All students must complete the online induction on foundations of law within the first trimester of their enrolment. Upon successful completion of the induction, student services are automatically notified and students receive an acknowledgement of their competition of induction.

    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.
    3 For 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 ACCA program.

    Elective units

    Select 1 credit point from the Accounting elective list and select 2 credit points of units from the Law elective list:

    Accounting electives:

  • Strategic Management Accounting MAA744
  • Governance and Fraud MAA763
  • Integrated Reporting and Value Creation MAA767
  • Law electives:

  • Corporate Insolvency Law and Policy MLC713
  • Superannuation Law and Policy MLM727
  • Business Taxation Law and Policy MLC709
  • Financial Services Regulation MLM717
  • Key information

    Award granted
    Master of Professional Accounting and Law
    Year
    2019 course information
    Deakin code
    M749
    CRICOS code?
    099101K
    Level
    Higher Degree Coursework (Masters and Doctorates)
    Approval status
    This course is approved by the University under the Higher Education Standards Framework.
    Australian Quality 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

    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.

    Clinical unit (MLM718) requires compulsory attendance.

    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 does not require students to complete compulsory work integrated learning units.

    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.

    Entry information
    Admission to study postgraduate coursework at Deakin is based on recognition of your
    professional experience and previous qualifications.

    1 year full time (2 years part time) – 8 credit points
    Admission is based on:

    • Bachelor honours (AQF8) degree in a related discipline, with a minimum WAM of 60, and two years relevant work experience, or
    • Graduate certificate or graduate diploma in a related discipline , with a minimum WAM of 60, and two years relevant work experience

    1.5 years full time (3 years part time) – 12 credit points
    Admission is based on:

    • Bachelor degree in a related discipline, with a minimum WAM of 60, and two years relevant work experience

    2 years full time (4 years part time) – 16 credit points
    Admission is based on:

    • Bachelor Degree, major or other qualification at a higher AQF level in a related discipline, with a minimum WAM of 60, or
    • Bachelor Degree in any discipline with a minimum WAM of 60, and two years relevant work experience

    All applicants must also meet the minimum English language requirements.

    Please note that meeting the minimum admission requirements does not guarantee selection,which is based on merit, likelihood of success and availability of places in the course.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 Credit for 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 Credit for 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 and Law (16 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.


    Entry pathways

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    Tap image to expand

    *A shorter course duration is available to students entering from a same discipline background.  A ‘same discipline’ award for this course is a Bachelor degree in Accounting or Finance or a Bachelor degree in Commerce or Business with a major sequence in Accounting and/or Finance.

    ^ Relevant work experience is business experience either in an accounting and/or finance role or in a managerial position with business oversight responsibilities in an accounting and/or finance related field, such as financial accounting, management accounting and controllership, tax advisory, financial consulting and financial analysis.

    # Students from a common law background may receive additional exemptions if they have completed areas in the program.

    Alternative exits

    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 Master of Professional Accounting and Law 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). 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 integrated understanding of current and emerging accounting and related legal concepts and practices
    Communication Demonstrate skills to justify and analyse complex accounting and legal problems and present to both accountants and lawyers
    Digital literacy Apply appropriate software and internet technologies to analyse financial and regulatory information
    Critical thinking Apply in-depth analytical skills to evaluate financial and regulatory information expected of business professionals within a legal framework
    Problem solving Develop solutions to real world problems faced by accounting and legal professionals in business environment
    Self-management Use acquired skills to organise own learning including the conduct of independent research and justification of decision choices
    Teamwork Collaborate and communicate in groups to interpret decision-relevant information and develop suitable business recommendations
    Global citizenship Engage ethically, professionally and productively in a professional accounting and business context in light of changing global perspectives.
       

     

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