Master of Professional Accounting

Postgraduate coursework

Work towards opening new doors in your career by expanding your skills and knowledge in business and finance with a Master of Professional Accounting. New structure for 2021, available online.

Key facts

English language requirements

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


The time and cost can be reduced based on your previous qualifications and professional experience. This means you can fast track the masters degree from 2 years down to 1.5 years, or even 1 year duration. See entry requirements below for more information.

Current Deakin Students

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

Course overview

Expand your depth of knowledge and career opportunities by studying the Master of Professional Accounting. You'll graduate with the specialised skills and knowledge to practise as an accountant, specialising in your chosen field of business.

Are you ready to make your mark on the finance sector?

Whether you're looking to upgrade your existing qualifications or move into a new professional field altogether, Deakin’s Master of Professional Accounting enables you to make either possibility a reality.

Open to students from both accounting and non-accounting backgrounds, you’ll have the opportunity to complete the necessary studies to become an associate member of CPA Australia, to enter the Chartered Accountants Australia and New Zealand to undertake the CA program, or to enter the IPA professional program.

Now is the perfect time to draw on your prior career experience and add layers of new knowledge to become a sought-after expert in your field. Some of the key areas you'll study include:

  • Auditing
  • Financial accounting
  • Management accounting
  • Accounting systems and analytics
  • Economics
  • Finance
  • Law


Influenced by our advisory board, made up of members of peak professional bodies and active accounting professionals, the course content you’ll study is updated and maintained through extensive industry research, including the research developed by our Deakin-IPA SME research centre, which is dedicated to driving key insights for small-to-medium enterprises.

Learn from academics who leverage their specific expertise and up-to-date research to embed progressive learning throughout your course journey, giving you the ability to work on contemporary case studies with a real-world application.

As a graduate, you'll have the option to complement your primary studies in professional accounting with a specialisation in a wide range of business-related fields. Designed to meet industry demand for skilled professionals with a breadth of transferrable skills, a specialisation can help deepen your knowledge in a particular business field and benefit your future career.

Modern-day employers are seeking professionals with not only strong theoretical knowledge and expertise, but also a breadth of transferrable skills. So, whether you're wanting to build your finance skills or focus on IT, real estate or the arts, we offer the right specialisation to broaden your skill set. Some of your options include:

  • Artificial Intelligence for Business
  • Arts and Cultural Industries
  • Cyberlaw
  • Finance
  • Financial Planning
  • Human Resource Management
  • International Trade and Business
  • Management Consulting
  • Marketing
  • Project Management
  • Property and Real Estate
  • Supply Chain Management.

Not sure which specialisation to pursue? You won't have to decide until you've commenced the course, giving you the chance to explore the many options that may benefit your future career.

Read More

Course information

Award granted
Master of Professional Accounting

2022 course information

Deakin code
CRICOS code?
102876K Burwood (Melbourne)
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.

Course structure

The Master of Professional Accounting 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.

To complete the Master of Professional Accounting, students must attain a total of 16 credit points, consisting of 11 credit points of core units and 5 credit points of electives, plus completion of the compulsory 0-credit point module, MAI010 Academic Integrity Module. Most units (think of units as 'subjects') are equal to 1 credit point.


Core units


Elective units


Total units

Core units

  • Accounting 1, 2
  • Finance 1, 2, 4
  • Economics for Managers 1,2
  • Business Law 1, 2, 4
  • Accounting for Management 1, 2, 4
  • Accounting Systems and Analytics 1,2
  • Principles of Income Tax Law 2,3,4
  • Corporate Auditing 2,3,4
  • Financial Accounting 1, 2
  • Professional Research and Analysis
  • Advanced Accounting Principles and Practice 1, 2
  • 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.

    Compulsory 0-credit point module

    To be completed in the first trimester of study:-

  • Academic Integrity Module
  • Elective Units

    The remaining 5 credit points may be selected from:

    • A faculty-wide specialisation (excluding Accounting specialisation)
    • postgraduate units offered by the University (subject to availbility)
    • postgraduate Work Integrated Learning units:
  • Consultancy Experience
  • Cultural Experience
  • Entrepreneurship Experience
  • Internship

  • Specialisations

    Faculty-wide specialisations (details also found here.)

    Refer to the details of each specialisation for availability.

    New in 2022:

    Course Specific Specialisation

    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:
      • Melbourne (Burwood)
      • Cloud Campus

    Trimester 2 - July

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

    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.

    Additional course information

    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.


    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:

    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.

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    Entry requirements

    Entry information

    Depending on your previous qualifications and professional experience, your course will be 1, 1.5 or 2 years duration.

    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 weighted average mark of 60, or
    • Bachelor degree or higher in a related discipline, with a minimum weighted average mark of 60, plus two years relevant work experience, or
    • Graduate Certificate, graduate diploma or higher in a related discipline, or
    • Evidence of academic capability judged to be equivalent

    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 weighted average mark of 60, or
    • Bachelor degree in any discipline, with a minimum weighted average mark of 60, plus two years relevant work experience, or
    • Evidence of academic capability judged to be equivalent

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

    • Bachelor degree or other qualification at a higher AQF level in any discipline, with a minimum weighted average mark of 60, or
    • Successful completion of a masters qualifying program (MQP) with a minimum overall average of 60 in the discipline units
    • Evidence of academic capability judged to be equivalent

    *A 'related discipline' award for this course is a Bachelor degree in Commerce or Management or Business with a major sequence in Accounting.

    ^Relevant work experience is experience gain in accounting/finance, management and business roles

    Please note: Examples evidence of academic capability: CPA Australia or other professional qualifications gained in accounting/finance, management and business disciplines. All applicants must meet the minimum English Language requirements.

    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. (more details)

    Deakin University offers admission to postgraduate courses through a number of Admission categories. To be eligible for admission to this program, applicants must meet the course requirements.

    All applicants must 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 the Deakin Policy Library.

    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.

    Recognition of prior learning

    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 Recognition of 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 Recognition of Prior Learning.
    Your Recognition of 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 Recognition of Prior Learning System which outlines the credit that may be granted towards a Deakin University degree.

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place

    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 eight 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 tuition fees.

    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 10% reduction per unit on your enrolment fees.

    Learn more about the 10% Deakin alumni discount

    Apply now

    Apply through Deakin

    Applications can be made directly to the University through StudyLink Connect - Deakin University's International Student Application Service. For information on the application process and closing dates, see the How to apply web page.

    Deakin International office or Deakin representative

    Fill out the application form and submit to a Deakin International office or take your application form to a Deakin representative for assistance

    Need more information on how to apply?

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


    Career outcomes

    The Master of Professional Accounting is constantly reviewed, and where necessary revised, to ensure it meets the most up-to-date standards and expectations of professional accounting bodies.

    With real-world skills and awareness of current trends, you’ll be ready to hit the ground running in your chosen field.

    As a graduate of this course, you can seek employment in areas of accounting such as:

    • financial accounting
    • auditing
    • taxation
    • management accounting
    • public sector accounting
    • forensic accounting.

    As a qualified accountant, you can choose to work in a range of different settings depending on your skills and preferences, such as:

    • large firms
    • small public practices
    • all levels of government
    • law firms
    • banking and financial services
    • not-for-profit organisations
    • educational organisations
    • self-employment.

    Given the fundamental shift of accountants moving towards wide-ranging advisory roles, career opportunities are also becoming available in other vocations, including roles as:

    • investment advisers
    • market analysts
    • tax consultants
    • advisers in mergers and acquisitions
    • corporate recovery and insolvency
    • treasury banking
    • e-commerce or information technology.

    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 is in the top 1% of business schools globally and 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.

    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 Integrate advanced theoretical and technical knowledge of current and emerging accounting concepts and practices in contemporary business contexts
    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