Professional recognition

Professional recognition is the formal acknowledgement of your professional status, and in some cases, gives you the right to practice in the profession of your choice. Many of our degrees meet the criteria for accreditation, exemption or membership with relevant professional institutions or industry bodies.

If you’re interested in a particular membership, make sure you’re studying the appropriate course as detailed below. Our course advisers can help you make sure that the units you select will qualify you for membership of the organisation that represents your profession. It’s also a good idea to contact professional bodies directly to talk about membership and entrance requirements. Some double degrees may enable you to be eligible for membership of more than one professional body, which may not be listed below.

Undergraduate View

Many of our degrees meet the criteria for entry into professional membership bodies.

If you're interested in a particular membership, make sure you're studying the necessary course. You can find advice on unit selections from our course advisors.

It's a good idea to contact professional bodies directly to talk about membership and entrance requirements. Some double degrees may enable you to be eligible for membership of more than one professional body, which may not be listed below.

If you've been granted credit, just remember that a professional body can reject an application for membership if the credit doesn't meet their guidelines.

Accounting

Many of the undergraduate accounting programs at Monash University meet the Professional Accounting Accreditation Guidelines Australia and New Zealand. These guidelines cover the technical and professional competency areas and learning outcomes set by CPA Australia and Chartered Accountants Australia and New Zealand (CAANZ).

A Monash Accounting undergraduate degree may give you membership or entry to the following bodies:

Entry to the ACCA professional qualification with up to 9 fundamental level paper exemptions. Use the exemption calculator to find out if you’re eligible. The Accelerate program is a special arrangement between ACCA and Monash University, which gives you the opportunity to register and start preparing professional level exams with ACCA prior to graduation.

Associate membership of and entry to the CPA Program of CPA Australia. Access the list of accredited courses to see what units you need to complete.

Entry to the Chartered Accountants Program of the Chartered Accountants Australia and New Zealand. Access the list of accredited courses to see what units you need to complete.

Associate membership of the Institute of Public Accountants (IPA).

Exemptions from Chartered Institute of Management Accountants (CIMA) papers up to and including the "operational level of the CIMA Qualification Framework".

CIMA Fast-Track Program
For the first time CIMA is offering a fast-track pathway for Bachelor level students who gain a distinction or above-average mark in their undergraduate bachelor degree. Our A-Star programme is designed for high-achieving students who want to gain the CIMA qualification after graduating from an Accounting qualification. It is a unique one-exam pathway for you to become a Charted Global Management Accountant (CGMA) designation holder. You will be invited to attend an intensive workshop conducted by CIMA trainers to help you prepare for the Strategic Case Study exam. After passing this exam and gaining at least 3 years of relevant work experience, you will apply for CIMA membership and become a CGMA designation holder.

Eligible courses include:

Bachelor of Accounting
Bachelor of Business
Bachelor of Business Administration
Bachelor of Commerce
Bachelor of International Business.

Actuarial studies

Banking and finance

Business analytics

Human resource management

Management

Marketing

Taxation

Graduate View

As a Monash Business School graduate, you could be eligible for accreditation, exemption or membership with one of the professional institutions or industry bodies listed below.

It’s a good idea to look into these bodies directly before choosing your units, so you can make sure your studies cover any prerequisites.

Double degrees

Depending on your subjects, a double degree could make you eligible for membership to more than one professional body (including some that aren’t listed here).

Credits

If you’ve been granted credits, a professional body can reject your application for membership if they don’t meet requirements.

Accounting

Our graduate-level Master of Professional Accounting program meets the Professional Accounting Accreditation Guidelines Australia and New Zealand. These guidelines cover the technical and professional competency areas and learning outcomes set by CPA Australia and Chartered Accountants Australia and New Zealand (CAANZ).

Please see below for further details on how students graduating from the Master of Professional Accounting and Master of Accounting may be eligible for membership or entry to a major national and international accounting professional body.

Master of Professional Accounting students may be eligible for various levels of membership or entry to the following professional bodies:

Entry to the ACCA professional qualification with up to 9 fundamental level paper exemptions. Access the exemption calculator to find out your eligibility. The Accelerate program is a special arrangement between ACCA and Monash University, which provides the opportunity to register and start preparing professional level exams with ACCA prior to graduation.
Associate membership of and entry to the CPA Program of CPA Australia. Access the list of accredited courses to see what units you need to complete.
Entry to the Chartered Accountants Program of the Chartered Accountants Australia and New Zealand. Access the list of accredited courses to see what units you need to complete.
Associate membership of the Institute of Public Accountants (IPA).
For Master of Professional Accounting students, exemptions from Chartered Institute of Management Accountants (CIMA) papers up to and including the Management level of the CIMA Qualification Framework, with the exception of the Management Case Study Exam.

Master of Accounting students may be eligible for:

Exemptions from all Chartered Institute of Management Accountants (CIMA) papers with the exception of the final Strategic Case Study exam. For information on this special agreement between Monash University and CIMA and the list of required units that need to be completed visit the CIMA Monash University Master of Accounting web page.

Eligible courses include:

Master of Accounting
Master of Professional Accounting