Bachelor of Accounting

Overview

Designed to equip you with in-depth knowledge of this essential field, the Bachelor of Accounting will prepare you for a challenging and varied career.

Offering practical knowledge through core studies in both accounting and law, the skills you acquire through this degree will enable you to analyse and evaluate data and information throughout the accounting discipline. Beyond enterprise, you will explore business and future technology, digital literacy, social impact and the role of business in society, economics, sustainability, and more.

Why study accounting at RMIT?

RMIT University is ranked in the top 10 universities in Oceania and in the top 100 universities globally for accounting and finance. ^{[QS rankings by subject 2022]}

Experiential learning

Through industry engagement, build an e-portfolio to consolidate your learning journey and launch your career.

Work-ready skills

Address real-world challenges and formulate innovative accounting and business solutions.

Specialist expertise

Choose to undertake accounting and law subjects or a a four-subject minor in an expansive range of business disciplines

Tailored to your interests

You will have the option to undertake accounting and law subjects to hone your expertise, or expand your knowledge with a four-subject minor in a range of business disciplines. These focussed subjects will give you the tools to pursue an exciting and specialised career.

Minors

Behavioural Business
Behavioural Science for Future Leaders
Blockchain Enabled Business
Business Analytics
Business and Technology
Cyber Security
Data Insights
Digital Business Development
Digital Supply Chain
Economics
Entrepreneurship
Finance
Financial Planning
Global Business
Global Procurement and Sourcing
Industrial Relations
Business Information Systems
Innovation and Enterprise
International Development
Law and Emerging Technology
Logistics and Supply Chain
Managing Global Teams
Management and Change
Marketing
New Business Creation
Open Innovation
People and Organisation
Social Impact
Supply Chain Analytics
Study and Work

Details

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How you will learn

The Bachelor of Accounting is predominately taught in a blended learning environment. This includes both classroom teaching and online learning formats.

Learning and teaching

Throughout this degree, teaching styles may include guest lecturers, tutorials, class presentations, and group and student-led discussions.

You may work independently or in a team to conduct research, solve problems, analyse and respond to case studies, prepare or respond to briefs, write original research or case study reports, or participate in managing a company in a computer-based business simulation.

This style of learning is designed to provide an environment where you can ask questions and seek feedback as well as contribute to class discussion and apply theory to practice.

Assessment methods

This degree incorporates the use of authentic assessment. This is an approach to assessment where you are asked to perform real-world tasks to demonstrate the application of knowledge and skills. Authentic assessment requires you to perform tasks that meet the needs of industry so that you are work ready.

Your assessment will typically come in the form of assignments and projects. These may be either research or problem based, and will provide you with experience in effectively researching, writing and presenting your findings to a range of audiencees. Your assignments will help develop your skills in communication and reasoning, and will offer you the opportunity to receive feedback on your learning and skills development.

You may also be assessed through written and oral exams, presentations, and in-class activities.

Blended learning options

Courses offered as part of blended learning programs include a meaningful blend of online, on-campus, and workplace based learning tailored to the type of study you undertake. This learning is active, prioritising tasks that involve exploration and development of skills and knowledge through interaction and engagement.

Online aspects provide positive benefits such as flexibility and adaptability using digital activities and materials, while also strengthening the interaction and connection with timetabled and on-campus experiences such as tutorials, practicals, or workshops.

Learn more about blended learning at RMIT

Industry connections

This degree includes several work integrated learning (WIL) subjects. In these subjects, you will engage in activities that integrate theoretical learning with practical application and will engage you in meaningful and consequential learning activities.

These subjects involve interacting with industry, government and community organisations through relevant projects and work placements.

The WIL designated subjects in the Bachelor of Accounting are:

BUSM2577 Integrated Perspectives on Business Problems (12 credit points)
BUSM2582 Business Graduate Folio (12 credit points)
ACCT1048 Financial Accountability and Reporting (12 credit points)
ACCT1028 Strategic Accounting and Leadership (12 credit points).

International opportunities

Global work, exchange and study experiences

RMIT offers a range of opportunities for our students to study abroad through global work, exchange and study experiences with over 165 partner universities worldwide.

Explore global opportunities

Learning outcomes

The knowledge and skills you will acquire throughout this associate degree and how they can be applied in your career are described in the learning outcomes.

Electives and course plan

Year 1

In your first year of study, you will undertake multiple core subjects that form the basis of more specialised accounting knowledge. You will explore decisionmaking in business, financial accounting, economics and quantitative analysis, and more.

Year 2

In second year, you will delve deeper into the accounting discpline with studies in accounting data analytics, cost analysis, financial accountability and reporting, taxation, and more. You will also choose elective subjects in accounting and law, or from a range of business minors. These include:

Behavioural Business
Behavioural Science for Future Leaders
Blockchain Enabled Business
Business Analytics
Business and Technology
Cyber Security
Data Insights
Digital Business Development
Digital Supply Chain
Economics
Entrepreneurship
Finance
Financial Planning
Global Business
Global Procurement and Sourcing
Industrial Relations
Business Information Systems
Innovation and Enterprise
International Development
Law and Emerging Technology
Logistics and Supply Chain
Managing Global Teams
Management and Change
Marketing
New Business Creation
Open Innovation
People and Organisation
Social Impact
Supply Chain Analytics
Study and Work

Year 3

For third year, you will undertake capstone subjects in strategic accounting and graduate folio development. You will also study auditing, accounting perspectives, and organisational behaviour, as well as more subjects in accounting and law, or your business minor. You will also get to choose one university elective subject.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Bachelor of Accounting

Program code: BP351

Title

Location

Duration

Plan code

CRICOS

Bachelor of Accounting

City Campus

3 years full-time or 6 years part-time Domestic Students; 3 years full-time International Students

BP351

110718B

Location

City Campus

Duration

3 years full-time or 6 years part-time Domestic Students; 3 years full-time International Students

Plan code

BP351

CRICOS

110718B

View plan

Bachelor of Accounting

City Campus

3 years full-time

BP351

110718B

Location

City Campus

Duration

3 years full-time

Plan code

BP351

CRICOS

110718B

View plan

Note: International student visa holders can only study full-time.

Find RMIT on VTAC

Career

As a graduate of this degree, you may find work as an accountant, auditor, or tax agent. You will also be prepared for a transformative role in this diverse field.

New occupations in accounting are emerging as the result of disruptions and megatrends. These roles have formed due to high demand for specialised knowledge in areas such as big data, data analysis, digitalisation, artificial intelligence (AI) and automation, and the green and circular economies.

Alternatively, you may choose to pursue further study or research.

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Professional recognition and accreditation

This program is currently not accredited.

The Bachelor of Accounting is closely linked to industry. This takes place in various forms.

In the curriculum, some courses are designed as work integrated learning (WIL) courses involving discipline related industry projects as part of learning.

The College of Business and Law has established Industry Advisory Committees comprising of high-profile industry representatives. The role of the committees ensures the College of Business and Law's links with industry standards and practices remain current.

Admissions

You must have successfully completed an Australian Year 12 (or equivalent qualification).

Prerequisites

Victorian Certificate of Education (VCE) units 3 and 4: a study score of at least 30 in English (EAL) or at least 25 in English other than EAL or equivalent studies.

Guaranteed ATAR

This course has a Guaranteed ATAR (excluding adjustment factors).

This means that if you receive an ATAR equal to or above this and meet the course pre-requisites, we will guarantee you an offer in this course.

If you receive an ATAR below this guarantee, you may still receive an offer, depending on the availability of places in this course and whether you are eligible to receive any adjustment factors.

Please note: For VTAC applicants to receive an offer, this course must be your highest eligible preference.

Rankings and adjustment factors

Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement plus any adjustment factors.

Adjustment factors include equity access schemes and/or subject adjustments.

We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.

Selection criteria by applicant type

Please select the highest level of education you have or will be completing in order to find out the selection criteria that applies to you, in addition to meeting the above entry requirements.

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I am an applicant with recent secondary education (current or within the past two years)

Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement. You will be ranked on your ATAR plus any adjustment factors.

Adjustment factors available only to applicants currently studying Year 12

School Network Access Program (SNAP)

The SNAP access scheme is designed to increase tertiary participation by giving priority access to RMIT diploma and degree programs to eligible applicants currently studying Year 12 at a SNAP partner school.

Adjustment factors available only to applicants currently studying Year 12 or whose highest qualification is a completed Year 12.

Subject adjustments

A study score of 25 in any Business, any Information Technology, any Mathematics or Psychology equals 1 aggregate point per study.
A study score of 35 in any English equals 2 aggregate points per study.
Overall maximum of 8 points.

Regional adjustments

RMIT automatically allocates adjustment factors to applicants from a low socio-economic status area for all programs that select primarily on ATAR.
Low socio-economic status areas are determined by applying the Australian Bureau of Statistics (ABS) Socio-Economic Index for Areas (SEIFA) Index of Education and Occupation.

Equity access schemes

Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
If you are applying through VTAC you should apply for the Special Entry Access Scheme.
If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

I am an applicant with Vocational Education and Training study

We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.

Successful completion of any Australian Diploma or Advanced Diploma (or equivalent) will meet the minimum entry requirements for this course.

Special Tertiary Admissions Test (STAT)

You may satisfy the academic requirements by completing the STAT multiple choice.

If you are applying to RMIT as an applicant with vocational education training, you may sit the STAT multiple choice if you:

are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program.

STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.

Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.

You may be eligible for the following adjustment factors:

Equity access schemes

Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
If you are applying through VTAC you should apply for the Special Entry Access Scheme.
If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

I am an applicant with Higher Education study

Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., GPA (including any adjustment factors).

We will consider your entire academic record to determine your eligibility for entry. Previous fail grades in similar courses may affect your eligibility.

successful completion of an Australian higher education diploma (or equivalent overseas qualification); or
successful completion of at least four courses (subjects) at an Australian associate degree (or equivalent) and no double-fail in any required course of the receiving degree; or
successful completion of at least two courses (subjects) at an Australian undergraduate level (or equivalent) and no double-fail in any required course of the receiving degree.

Special Tertiary Admissions Test (STAT)

You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with higher education study, you may sit the STAT multiple choice if you:

are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program

Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.

Personal statement

If you have been excluded from a program due to academic progress you are encouraged to submit a personal statement outlining the strategies you will adopt to ensure academic success.

If you are applying to RMIT through VTAC you can complete and submit the VTAC personal statement via your online VTAC account.

If you are applying direct to RMIT you can upload your completed personal statement via your online direct application.

You may be eligible for the following adjustment factors:

Equity access schemes

Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
If you are applying through VTAC you should apply for the Special Entry Access Scheme.
If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

I am an applicant with Work and Life Experience

Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., Special Tertiary Admission Test (STAT) score (including any adjustment factors).

You must have successfully completed an Australian Year 12 (or equivalent qualification) and meet the stated prerequisites.

Work and life experience does not provide any additional consideration for entry to this program. You may satisfy the academic requirements by completing the STAT multiple choice.

Special Tertiary Admissions Test (STAT)

You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with work or life experience, you may sit the STAT multiple choice if you:

are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program

Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.

You may be eligible for the following adjustment factors:

Equity access schemes

Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
If you are applying through VTAC you should apply for the Special Entry Access Scheme.
If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Additional information

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ATAR profile

This degree is new for semester 1 2023 and as such no ATAR profile information is currently available.

Student profile

This degree is new for semester 1 2023 and as such no student profile information is currently available.

*ATAR refers to the lowest selection rank to which an offer was made (including consideration of any adjustments) for current and recent Year 12 applicants.

RMIT is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your undergraduate study options. Find out more about admission to RMIT.

You need to satisfy all of the following requirements to be considered for entry into this degree.

Academic requirements

You must have successfully completed an Australian Year 12 or an equivalent senior secondary school qualification with a minimum average of 65% (see calculator below).

Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.

Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.

Entry score calculator

Select a study location*

Select a qualification gained*

Minimum Score Required

Don’t meet the requirements?

Learn about your pathway options

Prerequisites

There are no prerequisite subjects required for entry into this qualification.

Selection tasks

A selection task is not required for entry into this qualification.

English language requirements

To study this course you will need to complete one of the following English proficiency tests:

IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.

For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.

Don't meet the English language test scores? Complete an English for Academic Purposes (EAP) Advanced Plus Certificate at RMIT English Worldwide.

Pathways

Animated character in front of RMIT pixel, with a flying degree above their head

Understanding pathways

Even though there are no formal pathways into this course, there are often other ways you can gain entry. For more information, use our Pathways finder or contact Study@RMIT to discuss your options.

Explore pathway finder

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Pathway options

Even though there are no formal pathways into this course, there are often other ways you can gain entry.

Contact Study@RMIT to discuss your options

Credit and recognition of prior learning

Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

Find out if you might be eligible

Further study

When you successfully complete this degree, you may be eligible for entry into an RMIT Honours or Postgraduate degree.

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Pathway options

You can gain entry to this degree from RMIT Foundation Studies or a range of vocational study programs.

Credit and recognition of prior learning

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Further study

When you successfully complete this program, you may be eligible for entry into an RMIT Honours or Postgraduate degree.

Fees

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Fee summary

2023 indicative fees

In 2022, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$4,124 to AU$15,142*.

Additional expenses

Student services and amenities fee (SSAF): AU$326 maximum fee for 2023.
Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment

Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.

Fees are adjusted on an annual basis and these fees should only be used as a guide.

Defer your payment

You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.

Learn more about fees for undergraduate study.

Paying your fees and applying for refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

New government eligibility rules in 2022 - low completion rates

From 2022, there are new government rules about eligibility for higher education student funding as part of the Australian Government’s Job-ready Graduates legislation. If you're starting a program in or after 2022 and are enrolled in a Commonwealth supported place (CSP) or have a HECS-HELP or FEE-HELP loan, these changes affect you. For details, please see Low completion rate and government funding.

Commonwealth supported places

If you are offered a Commonwealth supported place, your tuition fees are subsidised by the Australian Government.

Your share of the fee (student contribution) is set on an annual basis by the government and is determined by the discipline areas (bands) of your individual enrolled courses, not the overall program.

How much can I expect to pay for my Commonwealth supported place?

The Australian Government has introduced changes to university funding and student contribution fees under its Job-ready Graduates Package.

The fees in the table below apply to students who commence their program in 2023. Fees for continuing students are available at fees for Commonwealth supported students.

Each course (subject) falls into a band. The band determines the student contribution amount for the course.

Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.

You can learn how to calculate your exact tuition fees for units from different bands at Fees for Commonwealth supported students.

Maximum student contribution amount for Commonwealth supported places in 2023 for commencing students

Student contribution band by course (subject)	Maximum annual student contribution amount (per EFTSL) in 2023
Education, Postgraduate Clinical Psychology, English, Mathematics, Statistics, Nursing, Indigenous and Foreign Languages, Agriculture	$4,124 per standard year $515 per standard (12 credit point) course
Allied Health, Other Health, Built Environment, Computing, Visual and Performing Arts, Professional Pathway Psychology, Professional Pathway Social Work, Engineering, Surveying, Environmental Studies, Science, Pathology	$8,301 per standard year $1,037 per standard (12 credit point) course
Dentistry, Medicine, Veterinary Science	$11,800 per standard year $1,475 per standard (12 credit point) course
Law, Accounting, Administration, Economics, Commerce, Communications, Society and Culture	$15,142 per standard year $1,892 per standard (12 credit point) course

Fee assistance

HECS-HELP Loans

The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.

SA-HELP Loans

You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.

How does a HELP loan work?

If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.

You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.

For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.

Additional expenses

In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

The SSAF is calculated based on your enrolment load and the maximum fee for 2023 is $326.

For more information about calculating your actual SSAF see Paying SSAF.

You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.

Scholarships

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

Explore scholarships

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Fee summary

The annual tuition fee for 2023 is AU$40,320.

The total indicative tuition fee for 2023 commencement is AU$120,960

View tuition fees for future years

Other costs

In addition to tuition fees you also need to pay for:

Student services and amenities fee (SSAF) in each calendar year.
Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
Some programs incur additional expenses.

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Important fee information

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

Scholarships

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

Explore scholarships

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

Visit our Frequently Asked Questions