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Master of Accounting (B6038)

CRICOS Code: 112793H

Mode and location

Caulfield on campus

Entry Requirements

An Australian bachelor degree (or equivalent) with a major in accounting with at least a high credit (65%) average or equivalent Grade Point Average (GPA).
An Australian bachelor degree (or equivalent) with a major in accounting with at least a high credit (65%) average or equivalent GPA that meets the entry requirements of a professional accounting organisation*
OR
an Australian bachelor degree (or equivalent) with a major in accounting with at least a high credit (65%) average or equivalent Grade Point Average (GPA) and an Australian graduate certificate / honours degree (or equivalent)
OR
an Australian bachelor degree (or equivalent) with a major in accounting and two years relevant professional experience**
OR
an Australian bachelor degree (or equivalent) with a major in accounting and full membership of a professional accounting organisation*
*Professional accounting organisations: Chartered Accountants Australia + New Zealand (CA ANZ) or CPA Australia or Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA), Institute of Public Accountants (IPA) or a recognised equivalent professional accounting program.

Professional accreditation

This degree is accredited by relevant Australian professional bodies. Refer to the professional recognition webpage .

Requirements

The course comprises 72 credit points structured into two parts: Part A. Mastery knowledge (48 credit points, Part B. Electives (24 credit points). If you are admitted at entry level 1 you complete Part A and Part B. If you are admitted at entry level 2 you complete Part A only.

Units are 6 credit points unless otherwise stated.

You must complete either a coursework or research pathway.
a. Coursework pathway
You must complete the following seven units (42 credit points):
- ACF5100 Strategic management accounting
- ACF5120 Forensic accounting and fraud examination
- ACF5150 Financial reporting issues
- ACF5330 Integrated systems for business enterprises
- ACF5080 Management control systems*
- ACF5130 Financial statement analysis and business valuation*
- ACF5320 Business analytics*
You must complete one Capstone experience unit* (6 credit points) from the following:
Capstone experience units
- ACF5350 Applied contemporary accounting
- ACX5951 International study program in accounting
- BEX5001 Industry placement
- BEX5012 Industry placement (12 credit points)**
*If you meet the academic prerequisites, pass the application and selection process and are selected into the research pathway you must undertake four of the Honours level units listed below. These units replace ACF5080 Management control systems, ACF5130 Financial statement analysis and business valuation, ACF5320 Business analytics, and the capstone experience unit.
**BEX5012 is a 12 credit point unit, if you undertake this as your capstone experience you will only need to complete 18 credit points in Part B.a

b. Research pathway*
If you are undertaking the research pathway, you must complete:
- ACX4000 Research methods
and three units (18 credit points) from the following list:
- ACX4040 Issues in accounting information systems
- ACX4050 Issues in auditing and assurance
- ACX4070 Issues in financial accounting
- ACX4090 Issues in management accounting
Additionally, as specified in Part B (b.), you must complete ACF5003 Research project 1 (12 credit points) and ACF5004 Research project 2 (12 credit points)
You must complete either a. or b. (If you are completing the research pathway you must complete b).
a. Coursework pathway
You must complete four elective units (24 credit points) at level 5 from the Faculty of Business and Economics, which could include study tours, consulting projects or industry placements. In addition, units may be selected from across the University as long as you have met the prerequisites and there are no restrictions on enrolling in the units.
If you wish to complete the Fast track route to the CIMA professional qualification, you will need to complete ACF5000 and BFF5902 using two of your four elective units.
You are recommended to complete one of the following themes using your elective units.
Data Analytics
- ETC5512 Wild-caught data
- ETC5513 Collaborative & Reproducible Practices
- ETC5242 Statistical thinking
- ETC5550 Applied forecasting (prerequisite ETC5242 Statistical Thinking)
Sustainability
- ACX5800 Accounting for climate change
- ACX5900 Accounting for sustainability
- BEX5200 Climate change & carbon management strategies
- BTF5910 Corporate sustainability regulation
Governance and Risk Management
- BTF5111 Technology risk and regulations in the digital era
- MGF5020 Business ethics in a global environment
- BTF5000 Corporate governance, risk and social responsibility
- BTX5914 Scandal: Risk, Ethics and the Law
Forensic Accounting
- ACF5120 Forensic Accounting and Fraud Examination
- ACF5080 Management Control Systems
- ACF5320 Business Analytics
- BTF5000 Corporate governance, risk and social responsibility
Valuation
- ACF5130 Financial Statement Analysis and Valuation
- BFF5255 Investment analytics in python
- BFF5580 Mergers and Acquisitions
- BFF5520 Financial theory
OR
b. Research pathway
You must complete:
- ACF5003 Research project 1 (12 credit points)
- ACF5004 Research project 2 (12 credit points)
*Research pathway
The research pathway in the Master of Accounting is available to you on application only. To be eligible to apply, you must meet the following prerequisite:
Completion of the following four units with an overall minimum Weighted Average Mark (WAM) of 70, with no mark of less than 60 for any unit.
- ACF5100 Strategic management accounting
- ACF5120 Forensic accounting and fraud examination
- ACF5150 Financial reporting issues
- ACF5330 Integrated systems for business enterprises
The Course Coordinator will invite you (via email) to apply for the research pathway prior to November of each year. The application process will require submission of a statement of purpose, and eligible candidates will be shortlisted for interview by a three member academic panel convened by the Course Coordinator.

Due to availability of units and progression requirements, the research pathway is available to full-time students who commence the course at:
- Entry level 1 commencing semester two of an academic year
Part-time students interested in the research pathway should contact the Course Coordinator.

Monash Business School