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
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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
Actuarial studies
If you’re taking the Bachelor of Actuarial Science, you could be eligible for certain exemptions from the Foundation and Associateship Programs when applying for membership of the Actuaries Institute. Details of exemption requirements can be found here.
Banking and finance
Membership of the Financial Services Institute of Australasia (FINSIA)
As a student at Monash Business School you may be eligible for membership of FINSIA. Get in touch with FINSIA directly for more information.
CFA Program of the CFA Institute
As a student at Monash Business School you may be eligible for entry to the CFA Program. Talk directly to the CFA Institute for more.
Eligible courses include:
2014 and prior
- Bachelor of Accounting
- Bachelor of Business
- Bachelor of Business (Accounting)
- Bachelor of Business (Banking and finance)
- Bachelor of Business and Commerce
- Bachelor of Commerce
- Bachelor of Commerce (Accounting)
- Bachelor of Commerce (Accounting and finance)
- Bachelor of Commerce Scholars Program
- And associated double degrees
From 2015
- Bachelor of Commerce
- Bachelor of Commerce Specialist (Finance specialisation)
- Associated double degrees
Business analytics
Students completing a major in business analytics are eligible to apply for Graduate Statistician accreditation with the Statistical Society of Australia.
Human resource management
Australian Human Resources Institute (AHRI)
As a student at Monash Business School you may be eligible for entry to the AHRI. You should speak to AHRI directly for more information.
Eligible courses include:
- Bachelor of Business
- Associated double degrees
Management
Member status with the Australian Institute of Management (AIM)
If you’re a current student or graduate with a major in management you may apply for Member, Associate Fellow, Fellow or Student membership with the AIM.
Eligible courses include:
2014 and prior
- Bachelor of Business
- Bachelor of Commerce
- Bachelor of Business and Commerce
- Bachelor of Commerce Scholars program
- Bachelor of Business (Management) and Bachelor of Business (Marketing)
- And associated double degrees
From 2015
- Bachelor of Business
- Associated double degrees
Marketing
Australian Marketing Institute (AMI)
When you graduate from Monash Business School you may be eligible for associate membership of the Australian Marketing Institute (AMI) at the special graduate rate. If you’re graduating with either a marketing major or a specialisation you may be eligible for entry to the CPM. Get in touch with AMI directly for more information.
Eligible courses include:
2014 and prior
- Bachelor of Business
- Bachelor of Commerce
- Bachelor of Business and Commerce
- Bachelor of Commerce Scholars program
- Bachelor of Business (Marketing)
- Bachelor of Business (Management) and Bachelor of Business (Marketing)
- Associated double degrees
From 2015
- Bachelor of Business
- Bachelor of Business Specialist (Marketing specialisation)
- Bachelor of Business Administration
- Bachelor of Commerce
- Associated double degrees
In 2016 the Bachelor of Marketing was accredited by the Australian Marketing Institute (AMI).
Taxation
Registering as a Tax Agent with the Tax Practitioners Board may be possible following completion of a Monash Business School degree. Students should refer to the Tax Practitioners Board for more information.
The following units have been added to the qualifications list on the Tax Practitioners Board website as introductory Australian taxation law subjects:
- BTC3150 Taxation law
- BTF3931 Taxation law
- BTG3221 Taxation law and practice
- BTW3221 Taxation law and practice
Eligible courses include:
2014 and prior
- Bachelor of Business (Law)
- Bachelor of Business and Commerce
- Bachelor of Business
- Bachelor of Commerce
- Bachelor of Commerce Scholars program
- Associated double degrees
From 2015
- Bachelor of Business
- Associated double degrees
Graduate
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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
Actuarial studies
If you're taking the Master of Actuarial Studies, you could be eligible for certain exemptions from the Foundation and Associateship Programs when applying for membership of the Actuaries Institute. Details of exemption requirements can be found here.
Banking and finance
Any course at Monash Business School can make you eligible for membership to FINSIA (Financial Services Institute of Australiasia) and the CFA Institute’s CFA Program. You should contact these bodies directly for more information.
Eligible courses include:
2014 and prior
- Master of Business (Banking and Finance)
- Master of Applied Finance
From 2015
- Master of Banking and Finance
- Master of Applied Finance
Human resource management
If you’re studying a Graduate Diploma in Human Resource Management or a master of Human Management, you could be eligible for entry to the Australia Human Resources Institute (AHRI). You should contact AHRI directly for more information.
Eligible courses include:
- Graduate Diploma in Human Resource Management
- Master of Human Resource Management
Management
If management studies are part of your degree, you can apply for membership with the Australian Institute of Management (AIM). Depending on your student status, you can apply for a Member, Associate Fellow, Fellow or Student membership.
Eligible courses include:
- Master of Business
- Master of Management
Taxation
If you’re studying a Master of Business or Master of Business Law, the following units can get you closer to a qualification with the Tax Practitioners Board:
- BTF5965 Taxation Law qualifies as an introductory Australian taxation law subject
- BTF5235 Workplace and investment taxation qualifies as an advanced Australian taxation law subject
Eligible courses include:
- Master of Business
- Master of Business Law
Marketing
If you took an undergraduate degree at Monash Business School, with a major or specialisation in marketing, you could be eligible for a special rate on associate membership to the Australian Marketing Institute (AMI). Find out more about undergraduate professional recognition.
Eligible courses include:
2015 and prior
- Master of Advanced Marketing
- Master of Marketing
- Master of Business
From 2016
- Master of Marketing
- Master of Business
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