Graduate Diploma of Professional Accounting

Course summary for international students

Year2016 course information
Award granted Graduate Diploma of Professional Accounting
CampusOffered at Burwood (Melbourne)
Cloud (online)Yes
Length1 year full time or part time equivalent
Next available intake

March (Trimester 1), July (Trimester 2), November (Trimester 3)

Fee paying annual fee - commencing 2016No fees defined
CRICOS course code073434C
LevelPostgraduate (Graduate Certificate and Graduate Diploma)
IELTS Requirement

IELTS overall score of 6.5 (with no band score less than 6) or equivalent

Deakin course code M696
Faculty contactsDeakin International
Tel +61 3 9627 4877
Online enquiry

M696 was previously titled Graduate Diploma of Accounting.

Course sub-headings

Course overview

The Graduate Diploma of Professional Accounting provides you with the opportunity to undertake graduate studies towards membership of CPA Australia or entry into the CA Program.

The course will provide you with the skills, technical knowledge and understanding required in accounting and finance, and their application within the broader world of business.

Upon completing the Graduate Diploma of Professional Accounting you can progress to the Master of Professional Accounting, Master of Commerce, or Master of Professional Accounting/Master of Commerce.

Cloud (online) studies

Deakin offers many courses which can be studied by distance education overseas.

However, international students living in Australia must, in each compulsory trimester (that is, Trimesters 1 and 2), enrol in at least one unit that is offered as a Campus located unit and can, in addition enrol in units offered via Cloud (online). International students are not permitted to do more than 25% of their total course via Cloud (online) learning. Best practice is to enrol in mostly Campus located units in each compulsory trimester.

In a non-compulsory trimester (Trimester 3), international students may study Cloud (online) units only.

Fees and charges

Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is considered a standard full time load for one year. Each unit you study has an EFTSL value. You can add these together to calculate your study load each year. Depending on enrolment, you may be enrolled in more than or less than the one EFTSL each year.

Fee paying place - International (IFP)
A fee paying place is one for which the University does not receive any Government funding. As such, students enrolled in these places are required to contribute the full cost of their course.

Fees for international students apply to persons living in Australia with Temporary Resident status, provided that there is no limitation on study and persons living abroad who are not Australian citizens and do not have Permanent Resident status in Australia.

The actual course fees charged by Deakin University, is based on the course and the study load (EFTSL) being undertaken. The study load (EFSTL) value of each unit offered in 2016 can be viewed from the Unit Search.

The fees per course/unit/credit point may be otherwise subject to an annual increase due to rises in the cost of course delivery and service.

This indicative and annual course fees provided are a guide only. No representation is made that the information provided is current or accurate. Deakin assumes no responsibility for persons relying on indicative course fees to calculate the total future cost of their course. Applicants can email au for more information about 2016 fees.

Career opportunities

As an accounting graduate you may find employment in major international accounting firms, investment banks and virtually every area of business and government.

Course rules

The Graduate Diploma of Professional Accounting requires students to complete 8 credit points of units comprising 6 credit points of core units and 2 credit points of elective units.

Commerce graduates will normally be precluded from one or more of the units and will be required to undertake substitute units.

Completion of the Graduate Diploma of Professional Accounting and selecting the correct combination of units in one of our professionally accredited courses, provides the opportunity for students to be eligible to apply for admission to the:

CA Program of the Chartered Accountants Australia and New Zealand (CAANZ)
Associate membership for the CPA Program, CPA Australia

IPA Program for the Institute of Public Accountants (IPA)
Exemptions may apply for the Association of Chartered Certified Accountants (ACCA).

Students should consult with a Faculty course adviser to identify the units required by each professional body, and also consult with the professional body. Eligibility may depend on work place experience.


Course structure

Core units

MAA703Accounting for Management 1, 2, 4

MAA716Financial Accounting 1, 2

MAA725Advanced Accounting Principles and Practice 1, 2

MLC707Commercial and Corporations Law 1, 2

MPA701Accounting 1, 2

MPT753/MPF753Finance 1, 2, 4 #

Elective units

Select 2 credit points of units from:

MAA705Corporate Auditing 2, 3, 4

MLC703Principles of Income Tax Law 2, 3, 4

MPT781/MPE781Economics for Managers 1, 2 #

MPM701Business Process Management 1, 2

or units from the Master of Professional Accounting, Master of International Finance and the Master of Financial Planning .

Other postgraduate units may be taken subject to the approval of the Course Team Chair.

# MPT code denotes study tour version of the unit.

1 Required by CPA Australia for Associate (foundation level) Membership.
2 Required by the Institute of Chartered Accountants in Australia 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.

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 and that Deakin makes no representations that individuals will meet those requirements.

Course Learning Outcomes

Graduate Learning Outcome Course Learning Outcome
Discipline specific knowledge and capabilities Demonstrate conceptual knowledge of advanced accounting and techniques in auditing and financial management including applications to complex real-world problems.
Communication Draft and present user- friendly reports that clarifies the merits and weaknesses of alternate solutions and makes defensible recommendations.
Digital literacy Not explicitly addressed as a learning outcome in this award.
Critical thinking Identify potential alternative accounting and financial solutions and evaluate both financial and non-financial costs and benefits of such solutions.
Problem solving Determine ways to resolve a firm’s financial and non-financial constraints through appropriate match with the theoretical solutions and develop a structured implementation plan.
Self-management Not explicitly addressed as a learning outcome in this award.
Teamwork Not explicitly addressed as a learning outcome in this award.
Global citizenship Not explicitly addressed as a learning outcome in this award.

Entry requirements - general

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. The minimum requirements are successful completion of a three-year undergraduate degree, or equivalent, from an approved university or other educational institution or successful completion of other equivalent qualifications gained by examination, or approved professional or industrial experience. International students must also meet the English language requirements.

Entry requirements - specific

Standard Admission:

- A 3 year bachelor's degree or AQF equivalent

Alternative Admission:

- A Deakin Business and Law Postgraduate Qualifying Program (PQP):

  • applicants must have successfully completed all four PQP units and achieved a minimum credit grade of 60 per cent for each discipline-based unit undertaken.

Successful completion of M506 Graduate Certificate of Professional Accounting allows students to articulate into this course.

IELTS / English language requirements

Please note that English language requirements exist for entry to this course and you will be required to meet the English language level requirement that is applicable in the year of your commencement of studies.

It is the students’ responsibility to ensure that she/he has the required IELTS score to register with any external accredited courses.

Credit for prior learning - general

If you have completed previous studies which you believe may reduce the number of units you have to complete at Deakin, indicate in the appropriate section on your application that you wish to be considered for credit for prior learning. You will need to provide a certified copy of your previous course details so your credit can be determined. If you are eligible, your offer letter will then contain information about your credit for prior learning.
Your credit for prior learning is formally approved prior to your enrolment at Deakin during the Enrolment and Orientation Program. You must bring original documents relating to your previous study so that this approval can occur.

You can also refer to the Credit for Prior Learning System which outlines the credit that may be granted towards a Deakin University degree.

How to apply

Tracking your application
If you have already applied and wish to enquire about your application please refer to the relevant area through which you originally applied.

  • If you applied through a Deakin representative please contact your representative.
  • If you applied through a Deakin International office please contact

Further study

M720 Master of Professional Accounting
D706 Master of Professional Accounting/Master of Commerce
M705 Master of Commerce

Credit for Prior Learning

Credit for prior learning into the Graduate Diploma of Professional Accounting may be granted to students who have successfully completed appropriate postgraduate studies.  There are negotiated credit for prior learning arrangements in place for CPA members.