Accounting - B6002

Accounting

Expert master degree

Bring your accounting expertise into sharper focus with a Master of Accounting.

In this degree you’ll gain advanced accounting knowledge and expand on the expertise acquired throughout your undergraduate studies, which will help you take the next step in your accounting career.

You’ll develop key skills across specialist fields of practice, ranging from accounting information systems and financial accounting, to forensic accounting, auditing and management accounting. You’ll also combine high-level research with practical experience and cover the latest applications to further expand your accounting expertise and boost your career potential.

The course also offers you a fast-track route to complete your professional recognition with the Chartered Institute of Management Accountants (CIMA).

At a glance

Course Details

Location
  • On-campus at Caulfield: Full time & part time
Duration
1, 1.5 or 2 years full-time depending on prior qualifications. See entry requirements
Start date
Semester One (February), Semester Two (July)
Qualification
Master of Accounting
Course Handbook

If your undergraduate degree has inspired you to take your study further and gain advanced knowledge and expertise across the field of accounting, this is your opportunity.

In the Master of Accounting, you’ll gain the skills to successfully operate as a specialist in the accounting profession. You’ll also combine research with practical experience, and cover the latest applications to further develop your accounting expertise.

Accreditation and professional recognition
The Monash-CIMA collaboration provides a fast track route to acquire both a Master of Accounting and the Chartered Institute
of Management Accountants (CIMA) professional qualification at the same time. To do this, you just need to choose the three
CIMA pathway units as your electives in Part C (one unit is already a required unit in Part B).

By doing this, you may be eligible for exemptions from all CIMA papers, except the Strategic Case Study. After passing the Strategic Case Study exam, you will only need to submit three years’ practical experience to apply for CIMA membership, and gain both the ACMA and CGMA designations.
Find out more

Students have the option of doing a research pathway, work integrated learning, study abroad or units which offer credit towards some of the professional bodies." - Ralph Kober (Associate Professor, Department of Accounting)

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum Entry Requirements (Domestic students)

Qualifications

Depending on prior qualifications:

Entry level 1:
96 points to complete

Duration: 2 years full-time, 4 years part-time

An Australian bachelor degree or an equivalent qualification with a major in accounting and achieved a Weighted Average Mark (WAM) of 65 or an equivalent Grade Point Average as approved by the Monash Business School.

Admission is competitive and applicants will be ranked and selected based on their entire academic record.

Entry level 2:
72 points to complete

Duration: 1.5 years full-time, 3 years part-time

Applicants must meet the requirements for admission at entry level 1 and have completed a qualification which satisfies the educational requirements for entry to one of the following professional accounting programs or a recognised professional accounting program approved by the faculty;

  • Chartered Accountants Program of Chartered Accountants Australia and New Zealand (CA ANZ)
  • CPA Program of CPA Australia
  • IPA Program of the Institute of Public Accountants (IPA)
  • Professional Level of the Association of Chartered Certified Accountants (ACCA)

Entry level 3:
48 points to complete

Duration: 1 year full-time, 2 years part-time

Applicants must meet the requirements for admission at entry level 1 and have completed an Australian graduate certificate in accounting (or equivalent).

OR

Applicants must meet the requirements for admission at entry level 1 and have completed a one-year honours degree in accounting (or equivalent) having achieved at least a second class division A (or equivalent).

OR

Applicants must meet the requirements for admission at entry level 1 and have completed one of the following, or a recognised professional accounting program approved by the:

  • Practical Experience Program of CA ANZ
  • CPA Program including the Your Experience requirements
  • Mentored Experience Program (MEP) of the IPA
  • Professional ACCA Qualification including the Practical Experience Requirements (PER)
  • Chartered Institute of Management Accountants (CIMA) Professional qualification, which entities use of the Chartered Global Management Accountant (CGMA) designation.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Extra Requirements

Applicants must prepare a Candidate Statement in which they are required to demonstrate that they possess the motivation and academic skills required to successfully complete the program.

Admission is competitive and all applications will be ranked and selected based on their entire academic record and the Candidate Statement.

The course is structured in three parts: Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B6002

Apply

Semester two (July)

Apply directly to Monash using course code B6002

Apply

Closing date

Applications for semester two close 20 July 2020.

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page

Fees

Fees are subject to change annually.

Note Please note: The fee information displayed is based on the 2021 rates and should only be used as a guide.

Full fee

Fees are per 48 credit points which represents a standard full-time course load for a year.

A$30,200

Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP to assist you to pay all or part of your tuition fees.

Scholarships

We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other costs and fees

For information on other study costs and fees, see other study costs.