Master of Professional Accounting
Course summary for local students
|Award granted||Master of Professional Accounting|
|Campus||Offered at Burwood (Melbourne)|
|Length||1.5 years full-time or part-time equivalent|
|Next available intake|
March (Trimester 1), July (Trimester 2), November (Trimester 3)
|Indicative annual fee 2015||$23,920 - Full-fee paying place|
Postgraduate Student Administration
|CRICOS course code||073435B|
|Deakin course code||M720|
Students who commenced this course prior to 2012 should discuss unit selections with their enrolment officer.
- Course overview
- Professional recognition
- Fees and charges
- Career opportunities
- Course rules
- Course structure
- Entry requirements - general
- Entry requirements - specific
- Credit for prior learning - general
- How to apply
Deakin's Master of Professional Accounting aims to provide graduates from an accounting or non-accounting background with the opportunity to undertake studies leading toward associate membership of CPA Australia or entry into the Institute of Chartered Accountants to undertake the CA program.
As part of the course you will study areas such as corporate and management accounting, commercial law, corporate auditing, corporations law, accounting theory, information systems for business, economics and finance.
Graduating with a Master of Professional Accounting from Deakin will open the door to many employment opportunities and a huge variety of business careers. Recently the accounting profession has seen a fundamental shift from a role that was seen as providing financial information and number crunching towards a wide-ranging advisory role. Today's accountants are now seen as providers of business management information.
Successful completion of the Graduate Certificate of Accounting or the Graduate Diploma of Accounting allows articulation into the Master of Professional Accounting.
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 Institute of Chartered Accountants in Australia (ICAA), 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.
Fees and chargesdeakin.edu.au/fees.
Fee paying place - Domestic (DFP)
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.
Fee paying places are available to domestic students. Domestic students are those who are Australian citizens, New Zealand citizens or holders of a permanent visa.
* The 'indicative annual course fee' cited has been provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2015, and reflects the cost involved in undertaking a full-time quota of units within the specified discipline.
The actual fees charged by Deakin University will depend upon the discipline from which each individual unit is chosen, and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2015 can be viewed from the Unit Search.
Please note that the fees per unit/credit point may increase annually due to rises in the cost of course delivery and service.
Deakin assumes no responsibility for persons relying on 'indicative course fees' to calculate the total future cost of their course.
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.
The Master of Professional Accounting requires completion of 12 credit points comprising 8 credit points of core units and 4 credit points of elective units.
|MAA703||Accounting for Management1, 2, 4|
|MAA716||Financial Accounting1, 2|
|MAA725||Advanced Accounting Principles and Practice1, 2|
|MAA753||Professional Research and Analysis for Accountants|
|MAA763||Governance and Fraud|
|MLC707||Commercial and Corporations Law1, 2|
|MPT753/MPF753||Finance1, 2, 4 #|
Select 4 credit points of units from:
|MAA705||Corporate Auditing2, 3, 4|
|MAA744||Strategic Management Accounting|
|MLC703||Principles of Income Tax Law2, 3|
|MPM701||Business Process Management1, 2|
|MPT781/MPE781||Economics for Managers1, 2 #|
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.
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.
For more information on the Deakin Admissions Policy visit The Guide.
Entry requirements - specific
Completion of a tertiary program equivalent to not less than 3 years of full-time study at a university or other approved educational institution. Completion of the Graduate Certificate or Graduate Diploma of Professional Accounting will also allow articulation into the Master of Professional Accounting.
Credit for prior learning - general
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.
How to apply
Applications must be made directly to the University through the Applicant Portal. Details of available courses and application closing dates can be found on the Apply webpage. Please note that closing dates may vary for individual courses.
Your course may require further information in support of your application. Please refer to the faculty information website for further details.
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.
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.