Master of Professional Accounting

Overview

  • Program code: MC194
  • GC119, GD153, Graduate Certificate in Professional Accounting, Graduate Diploma in Professional Accounting

  • Campus: City campus or online via OUA

Apply through VTAC
Apply direct to RMIT
Information for international applicants

A professionally accredited accounting program aimed at graduates of non-accounting disciplines who want to broaden their career prospects.

In order to meet accreditation requirements, you’ll need to complete compulsory curriculum areas designated by CPA Australia and the Institute of Chartered Accountants in Australia.

Our program offers studies in the core areas of accounting and business and social, environmental, cultural and ethical issues that affect contemporary business environments.

Duration

1.5 years full-time or 3 years part-time (with advanced standing)
2 years full-time or 4 years part-time (without advanced standing)

For further information about this transitional arrangement and program duration see the 2-year masters enhanced study options page.

Program structure and features

Learning and teaching

RMIT's Swanston Academic Building features wireless connection to printers, the web and specialist learning resources, interactive lecture and tutorial spaces, lectorial theatres, small-group rooms and other innovative learning spaces as well as retail and social spaces.

RMIT offers a variety of learning and teaching approaches including lectures, seminars, studios, workshops, presentations, group discussions and syndicate work. These are primarily in English. You will have access to online resources through the myRMIT student portal.

Ongoing assessment throughout the semester includes examinations, essays, reports, presentations, group projects, research projects, quizzes and tests, blog journals and practical assignments.

This program is also offered through Open Universities Australia (OUA). To study in online mode, please apply through OUA.

Program structure

You must complete 192 credit points, which equals 16 courses (12 credit points each). If you are granted advanced standing, this will be reduced to 12 courses (12 credit points each). The program is structured in stages to enable you to:

  • gain a solid background in business
  • undertake coursework specific to accounting
  • combine core discipline knowledge with electives to consolidate the knowledge you have gained through your studies
  • cover compulsory curriculum areas designated by CPA Australia and the Institute of Chartered Accountants in Australia to meet accreditation requirements
  • develop more general professional capabilities so you can apply your knowledge in a work context.

Management and Cost Accounting is a compulsory work-integrated learning course studied in the first year of the program.

Please refer to the following program guides for further detail:

Handbook (program guide)

To see what students are currently studying and to access additional program and course information, visit the program handbook (program guide).

Industry connections

This program has been developed in consultation with stakeholders including: employers, professional bodies, alumni and students, the International Federation of Accountants (IFAC), CPA Australia and the Institute of Chartered Accountants in Australia.

Guiding the development of the College of Business, both nationally and internationally, is an Industry Advisory Board of high-profile executives chaired by Gerhard Vorster, Chief Strategy Officer, Deloitte. The Board creates a strategic bridge between the latest in technology and design thinking and business.

RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.

Career

Graduates work in the following sectors:

  • Public accounting practice - supporting staff teams in areas such as auditing, taxation, management consulting, business services and receivership.
  • Commercial and government organisations - in roles such as treasury, internal audit, strategic business planning, financial reporting and management accounting.

Graduate roles may include:

  • reporting to senior management on the resources of the organisation
  • monitoring the cash flow and financial resources of the organisation
  • advising business on strategies for increased profits - providing financial advice
  • preparing financial reports, reconciling accounts and maintaining registers and records
  • evaluating business plans
  • refining financial systems
  • providing taxation advice
  • running a small business.

Professional recognition and accreditation

The Master of Professional Accounting (MPA) is specifically designed to comply with the accreditation requirements of the professional accounting bodies in Australia: CPA Australia and the Institute of Chartered Accountants in Australia.

Successful completion of specific courses within the MPA entitles you to apply for associate membership of CPA Australia, the Institute of Chartered Accountants in Australia and the Institute of Public Accountants.

You must then undertake the chosen professional body’s qualification program and gain 3 years’ relevant practical experience to gain full membership.

Global opportunities

International study toursare a unique feature of the program allowing you to combine an overseas travel and cultural experience with the completion of either a 12 or 24 credit point course in intensive mode. If you are planning to include a study tour as part of your program, you are advised to check that you have the required number of student electives or credit points available.

Each year, the School of Accounting conducts international study tours to Thailand and offers 2 multi-country international study programs to Europe and North America.

Entry requirements

You must meet the University entry requirements for this type of program.

If you satisfy the following requirements you will be eligible for selection; however, there is no guarantee that you will be selected as demand for the program varies each intake.

Program entry requirements

An Australian bachelor degree or equivalent in any discipline, except accounting, from a recognized tertiary institution with a minimum grade point average (GPA) of 1.0 (out of 4.0)/50%/Pass.

Prerequisites

None

Selection tasks

None

How to apply

Fees

Tuition fees vary according to each program and are adjusted annually.

There are 2 tuition fee types:

  • full fees where you will be responsible for the full cost
  • Commonwealth supported place (CSP) fees where your tuition fee is shared between you and the Commonwealth Government if you meet the eligibility criteria. There are only a small number of CSPs available.

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.

As a Commonwealth supported student, you may be able to either:

  • pay all or part of your student contribution up front and receive a 10% discount, or
  • defer payment through the HECS-HELP loan scheme.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds. Learn more about RMIT Scholarships.

Other fees

In addition to tuition fees you will also pay the Student services and amenities fee (SSAF). You may be able to defer the fee through the SA-HELP loan scheme.

There may be other additional expenses and administrative fees associated with your studies.

Pathways

Advanced standing

Applicants who are selected for commencement in 2014 with advanced standing will receive exemptions for the first 4 common business courses.

For further information about this transitional arrangement and program duration see the 2-year masters enhanced study options page.

Credit and exemptions

Applicants who have successfully completed postgraduate business or management studies at another institution may be eligible to have these assessed as credits or exemptions granted toward this program.

Credits and exemptions will be assessed consistent with the principles of the RMIT University’s Recognition of Prior Learning and Credit Transfer Policy.

Exit points

Upon successful completion of 4 discipline-specific courses, you may exit with a Graduate Certificate; upon successful completion of 8 discipline-specific courses, you may exit with a Graduate Diploma.

Further study

Business research programs are offered at Master and Doctoral level.

Learn more about pathways or if you are eligible for credit transfer and recognition of prior learning.

Owning school

Accounting

Contact details


Info Corner
330 Swanston Street (cnr La Trobe Street)
Melbourne VIC 3000
Tel. +61 3 9925 2260
Make an enquiry

Information for prospective students

Information sessions are run throughout the year. For details visit the College of Business Postgraduate studies page.

For further information about 2-year master by coursework programs offered by the College of Business, please visit the 2-year masters enhanced study options page.

Download this information as a PDF brochure (Requires Acrobat Reader).

Disclaimer

Although RMIT endeavours to ensure the accuracy of this information, there is no guarantee it will remain accurate all year. Applicants are advised to confirm program details with the appropriate school before making an application.