Top 200 worldwide for accounting and finance
#2 business school in Melbourne for career impact
Top 3 business school in Melbourne
Why choose professional accounting at Deakin
Advance your career with an industry-aligned degree that equips you to practise as a qualified accountant while boosting your capability with extended expertise. Study at the #1 university in the state of Victoria for graduate business employment, and build required skills and knowledge across financial reporting, management accounting, auditing, taxation, finance and business law. Extend your learning in accounting and finance through elective units or choose from business specialisations, ranging from AI for business to property and real estate.
Through applied and industry-informed learning, including optional work-integrated learning experiences, you will strengthen your ability to interpret complex financial information, support decision-making and contribute to organisational performance. Graduate with advanced accounting capability, ready to progress towards professional accreditation and pursue roles across accounting, finance and business advisory.
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Proven employability
Build advanced accounting skills at the #1 Melbourne university for career impact and prepare for professional roles across accounting, finance and business.
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Degrees shaped by employers
Develop expertise in financial reporting, auditing, taxation, analytics and business law through a curriculum informed by industry.
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Globally accredited business school
Deakin Business School holds AACSB and EQUIS accreditations, recognised international standards for business education.
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Practical learning for every student
Apply your knowledge through practice-based learning and graduate with the skills that employers value.
Connected to industry
Deakin’s strong industry connections help shape your learning. Build practical experience in real workplace contexts through work-integrated learning, mentoring and networking opportunities. Industry advisory boards also help shape our degrees, which means what you study is current, relevant and aligned to what your future employers need.
Deakin puts employability first
Career outcomes
Build advanced accounting expertise, preparing you for senior accounting, advisory and financial leadership roles across industries and sectors.
Management accountant
Analyse financial performance, prepare budgets, forecasts and management reports. Advise leaders on costs, risks and opportunities to improve efficiency, profitability and business performance.
- $115k
Typical Australian annual salary
- 8.4%
Projected job growth in 5 years
- 4/5
Job satisfaction
Financial accountant
Prepare financial statements, maintain accurate records and ensure compliance with accounting standards and regulations. Analyse financial data to support reporting, budgeting and business decisions.
- $110k
Typical Australian annual salary
- 8.4%
Projected job growth in 5 years
- 3.7/5
Job satisfaction
Other jobs
- Business or financial analyst
- Taxation consultant
- Risk and compliance manager
- Corporate governance officer
“The course is fantastic, providing a great entry point into the field of accounting. Deakin has provided me some of the best learning experiences I have ever had.”
JohnMaster of Professional Accounting
FAQs
The cost of studying at Deakin depends on your degree, units and study load – tuition fees are listed on degree pages under the fees and scholarships tab. Beyond tuition, you will need to budget for Overseas Student Health Cover (OSHC), accommodation, transport, groceries and textbooks. Find out more about the cost of living in Australia, use the Study Australia calculator to estimate living expenses and explore international scholarships which may help to reduce your tuition costs.
Deakin offers a range of merit-based scholarships that can reduce your postgraduate tuition fees by 20%, 25%, 50% or 100% for the duration of your degree. Eligibility varies by scholarship and the degree you choose, but you will automatically be considered for most scholarships when you apply to Deakin. Use the Find a scholarship tool and filter by 'citizenship' to see what is available to you, or explore Australia Awards scholarships if you are from an eligible country.
It depends on the degree and how you study. Graduate certificates typically take six months full time or one year part time. Graduate diplomas usually take one year full time and masters degrees typically take one to two years full time. Recognition of prior learning can reduce your study time. Check the degree page for full details.
Australia is widely regarded as one of the safest and most welcoming countries in the world for students, with strong legal protections, reliable public services and a multicultural community. In fact, Melbourne is ranked the #4 student city in the world! At Deakin, you will be part of a supportive community, with 24/7 help, dedicated campus security and practical tools to help you feel safe, confident and connected. Deakin’s SafeZone app also connects you directly to campus security and support services if you ever need help. Find out more about studying in Australia.
We value your experience and qualifications. That is why every new degree application at Deakin is assessed for recognition of prior learning (RPL). Through RPL, Deakin can assess your previous study and life experience and may award course credit that could reduce your study duration, as well as the cost of your study. Qualifications from universities and private tertiary institutions worldwide are considered, as is informal learning related to your degree. Use the RPL calculator to see how much credit you may be eligible for.
Deakin offers a wide range of support to help you settle in and succeed throughout your studies – we are ranked the #1 university in Melbourne for student support. You can access 1:1 study support, English language support, career planning help, disability services and free counselling, as well as financial assistance if you need it. On campus, the SafeZone app and 24/7 security services mean help is always within reach. You can explore the full range of support services for international students or start an online chat with a student ambassador before you arrive.
To enrol in a postgraduate degree at Deakin, many degrees require a minimum IELTS score of 6.0 (or equivalent). Some degrees require higher scores, so check the entry requirements tab on the degree page for details. You may also meet the requirement through recent secondary or university study completed in English, or by demonstrating five or more years of living and working in an English-speaking country. Eligibility is assessed on a case-by-case basis. If you do not yet meet the requirement, the Deakin University English Language Institute (DUELI) offers pathway programs to help develop your English reading, writing, listening and speaking skills. Completion of DUELI’s English for Academic Purposes can give you the minimum English language requirements for most Deakin degrees.
Deakin’s postgraduate degrees are designed to advance your career, whether you want to deepen expertise in your field, move into a specialist role or shift direction entirely. All our degrees are shaped by industry partners, so what you learn reflects what employers need now and into the future. We’re proud to be the #1 university in Melbourne for international student graduate employment. With flexible study options and financial support available, Deakin helps you gain the skills, recognition and confidence to reach your next professional goal.
*Deakin references data from a range of government, higher education and reputable media sources. Learn more about our achievements on our University rankings page, or explore our sources page for supporting references.
What will I study in the Master of Professional Accounting?
Over two years, you will progress from foundational accounting knowledge to advanced professional practice, building expertise across accounting, regulation and analytics. You will graduate with advanced capability to interpret complex financial data and contribute to strategic business decisions.
Build core accounting and financial knowledge
Understand financial reporting and management accounting
Build capability in analysing financial performance and supporting organisational decisions.
Develop finance and analytical skills
Learn financial methods and data analysis to support evidence-based decision-making.
Explore regulatory and legal frameworks
Study taxation and business law that underpin professional accounting practice.
Advance and apply professional accounting expertise
Extend into advanced accounting practice
Explore auditing, advanced accounting principles and professional research.
Build analytics and systems capability
Develop expertise in accounting systems, analytics and data-driven decision-making.
Apply learning in practice
Undertake applied or work-integrated learning experiences to strengthen professional capability.
Course structure
To complete the Master of Professional Accounting, you must pass 8, 12 or 16 credit points. The number of credit points required may vary, depending on your entry point or how much credit you receive as recognition of prior learning (RPL) based on your professional experience and previous qualifications.
Most units are equal to one credit point. As a full-time student you will study four credit points per trimester and usually undertake two trimesters per year.
Are you a current student? For course information that applies to the year you started your degree, visit the handbook.
All students are required to meet the University's academic progress and conduct requirements
Units
Foundational
Intermediate
Advanced
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.
To be completed in the first trimester of study:-
Mix and match Deakin stackable short courses (0.5 credit point microcredentials) to earn up to 1 credit point of open electives, subject to eligibility. Any stacking must add up to a whole number to be used for credit. For more information, visit the Deakin stackable short course options.
The remaining 4 credit points may be selected from a range of postgraduate level study options including:
Recommended elective units^ that extend specific accounting and financial knowledge (subject to availability)
Other postgraduate units, including Work Integrated Learning (WIL) units, offered by the University (subject to availability)
Deakin stackable short courses (0.5cp microcredentials)
Any unit listed in the Postgraduate business specialisations
The following electives are strongly recommended for Master of Professional Accounting students seeking to extend specific accounting-related knowledge and employability skills in areas of sustainability and client analysis.
^Recommended electives:
Recommended WIL electives that can be studied to extend professional development and general employability skills:
Professional recognition
The course team and teaching staff have well-established links with relevant professional bodies both in Australia and overseas. Continuous effort is made to ensure the Master of Professional Accounting curriculum design and delivery keep abreast of industry needs and developments in the profession.
Deakin Business School holds both AACSB and EQUIS accreditations. These prestigious accreditations are awarded to business schools that meet strict standards of quality, academic and professional excellence, and demonstrate a commitment to ongoing improvement and innovation in their courses, ensuring our graduates are employable worldwide.
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)
• 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 you to enter the Certified Management Accountants (CMA) study program.
What to expect while studying
You may be able to study available units in the optional third trimester to fast-track your degree, however your course duration may be extended if there are delays in meeting course requirements, such as completing a placement.
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.
You can expect to participate in a range of teaching activities each week. This could include lectures, seminars, online interactions, or professional experiences for Work Integrated Learning (WIL) units. 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.
Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning, collaborative online international learning arrangements or collaborative research training arrangements.
Placement can occur at any time, including during standard holiday breaks. Learn about key dates at Deakin.
This course does not require students to complete compulsory work integrated learning units.
At Deakin, we're committed to ensuring an inclusive environment that supports all students to belong, thrive and succeed. We work closely with students, where needed, to identify potential barriers to participation and where possible, provide tailored support so students can engage with learning and assessment activities.
If you are neurodivergent, have a disability, health condition or mental health condition that may impact your study or participation in university life, and want to know how Deakin could support you, contact our Domestic students (opens in a new window) or International students (opens in a new window) or Disability Resource Centre (opens email client) teams for a collaborative and confidential discussion. This discussion is to support you to make plans for your studies and future career and will not have any bearing on your application to the course.
When can I start?
When you study depends on your course, location and available intakes. Check the table to see when you can start and how study is offered throughout the year.
Students who have commenced before T1 2021 (course M720 Master of Professional Accounting), please refer to the 2020 handbook, or the handbook archives, for the relevant course structure.
Your course learning outcomes describe the knowledge, skills and capabilities you’ll develop and be able to demonstrate by the time you graduate. Built into your course through your units and assessments, they provide a clear picture of what you’ll be equipped to know, understand and do – preparing you to apply your learning with confidence beyond university.
| Course Learning Outcomes |
|---|
| Integrate advanced theoretical and technical knowledge of current and emerging accounting concepts and practices in contemporary business contexts |
| Use advanced communication skills to justify and communicate complex accounting concepts and ideas to both accountants and non-accountants |
| Select and apply appropriate digital technologies to find, use, manage and disseminate complex accounting and business data, information and ideas |
| 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 |
| Develop solutions to real world and ill-defined problems faced by accounting professionals in business |
| Use acquired skills to undertake own work and learning and conduct independent research |
| Collaborate and communicate in teams to interpret decision-relevant information and develop accounting and business advice and ideas |
| Engage ethically, professionally and productively in a professional accounting and business context in light of changing global perspectives |
- Award granted
- Master of Professional Accounting
- Year
2027 course information
- Deakin code
- M742
- CRICOS code?Commonwealth Register of Institutions and Courses for Overseas Students
- 102876K Burwood (Melbourne)
- Level
- Higher Degree Coursework (Masters and Doctorates)
- Australian Qualifications Framework (AQF) recognition
The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9
Fees
Estimated tuition fee
$48,000
for 1 yr full-time AUD
The estimated tuition fee above is based on a typical first-year full-time enrolment of 8 credit points and is provided as a guide only. Your tuition fees are determined by your course and unit enrolment. Your tuition fees will vary depending on your study load, the course duration, and any approved recognition of prior learning.
Save 10% as a Deakin alumni
We love welcoming Deakin alumni back to continue their journey with us. If you're starting a postgraduate award course, you may be eligible for a 10% discount on your enrolment fees, applied per unit. It's our way of supporting your next step.
Scholarships
Deakin scholarships recognise your hard work and achievements. Our support can ease the financial pressure of studying in Australia so you stay focused on your success. Numbers are limited, so apply early for the best chance.
Apply now
Apply directly to Deakin
Applications can be made directly to the University through StudyLink Connect - Deakin University's International Student Application Service.
We recommend engaging with a Deakin Authorised Agent who can assist you with the process and submit the application.
Recognition of prior learning
We value your previous study and experience. Recognition of prior learning enables you to get credit for what you've already achieved. When you apply, we'll consider your previous study and experience for recognition of prior learning.