Diploma of Accounting
Improve your career prospects in your current accounting role or prepare for further studies by completing specialist courses in tax, budgeting and financial performance and reporting.
By successfully completing RMIT’s vocational education qualifications in accounting you can meet the minimum educational requirements for registered tax agent and BAS services set by the National Tax Practitioners Board.
In this program you will be able to undertake structured learning activities and assessments within a Practice Firm environment that simulates actual job roles.
Most of your classes will be held in RMIT's Swanston Academic Building which features innovative learning spaces interspersed with retail and social spaces resulting in a stimulating environment for students.
RMIT offers a variety of learning and teaching approaches including lectures, seminars, workshops, presentations, group discussions and project work.
Through RMIT University’s online learning portal, myRMIT, you will be able to view online resources and learning activities created by lecturers, access course materials via Blackboard, collaborate with lecturers and fellow students, and access your student email account. Educational software, the Learning Hub, resources and printers are accessible on campus via the RMIT wireless network using your own laptop, tablet or smart phone or via computer facilities on-campus. You will be able to access the same software from home using myDesktop.
Find out more about student computing at RMIT.
Ongoing assessment throughout the semester includes examinations, essays, reports, oral presentations, group projects, and practical assignments.
Industry guest speakers are invited to speak about current issues and will provide you with an experienced perspective on study topics and work-simulated scenarios.
The Program Advisory Committee includes major accounting bodies (AAT, ICB and IPA) and high profile industry practitioners from organisations such as Victoria Police, City of Greater Geelong, FTI Consulting, Sage Handisoft, MV Anderson, Worrells and similar organisations. We also have a strong relationship and engagement with CPA Australia.
RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.
The diploma is suited to school leavers and current workers, including those already working in the accounting industry but have limited experience.
Through this program, you will develop both core and specialised skills to succeed in all fields of industry and commerce.
Topics covered include:
- Preparing and processing financial reports
- Payroll and tax
- Budgeting and forecasting
- Management accounting
- Contract and consumer law
Choose a program structure
|Diploma of Accounting||City Campus||
One year full time study
One year full time
Choose a program structure
Program code: C5374
National curriculum code: FNS50215
RMIT’s Diploma of Accounting prepares students to work at a para-professional level.
- BAS Agents
- Accounts Assistants
- Payroll Assistants
- Accounting Clerks
- Payroll Officers
Graduates will also have skills in preparing, implementing and controlling financial budgets, forecasting, financial reporting, computerised accounting systems, and providing management accounting information.
They're employed in accounting, accounting-support or accounting technician roles where typical responsibilities may include managing small teams, preparing tax returns, maintaining accounting and control systems, and recording and compiling summaries of financial transactions for reporting, as well as management and business performance purposes.
On successful completion of the diploma, graduates meet the minimum educational requirements for registered tax agent and BAS services set by the national Tax Practitioners Board under the Tax Agent Services Act (2009). Other conditions apply including a designated period of experience. Graduates seeking tax agent and BAS agent registration should check current registration requirements with the Board as this is regularly reviewed.
Graduates are encouraged to progress to Advanced Diploma studies. Advanced Diploma graduates can become a qualified Chartered Accountant (CA) or Certified Practising Accountant (CPA) with further study.
This course may change in 2019 due to revision of the National Training Package.
The Diploma of Accounting is accredited by the Chartered Institute of Management Accountants (CIMA).
Professional bodies may offer students and/or graduates membership, opportunities for entry into professional qualification programs and other career enhancing benefits.
For further details about accreditation and information about membership and opportunities for students and graduates, please visit our accreditation and membership page.
Current Year 12: Successful completion of Australian Year 12 or equivalent; or the Australian Senior VCAL Certificate.
This program does not select on ATAR.
Non Year 12: Completion of post-secondary studies; or at least 6 months’ work experience.
You must have successfully completed an Australian Year 12 (or equivalent senior secondary school qualification).
Visit the Entry requirements by country page to find the equivalent to an Australian Year 12.
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.
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 5.5 (with no individual band below 5.0)
- TOEFL (Paper based): minimum score of 530 (TWE 3.5)
- TOEFL (Internet Based Test - IBT): minimum overall score of 71 (with minimum of 17 in all sections)
- Pearson Test of English (Academic) (PTE A)): minimum score of 42 (with no communication band less than 36)
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 Upper Intermediate Certificate at RMIT English Worldwide.
Graduates of the RMIT Diploma of Accounting can apply for exemptions from these programs, subject to meeting each program's entry requirements:
- Bachelor of Business (Accountancy)
- Bachelor of Business (Economics and Finance)
- Bachelor of Business (Economics and Finance) (Applied)
- Bachelor of Business (Entrepreneurship)
- Bachelor of Business (Financial Planning)
- Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy)
- Bachelor of Business (Human Resource Management)
- Bachelor of Business (Information Systems)
- Bachelor of Business (Information Systems) (Applied)
- Bachelor of Business (International Business)
- Bachelor of Business (International Business) (Applied)
- Bachelor of Business (Logistics and Supply Chain Management)
- Bachelor of Business (Logistics and Supply Chain Management) (Applied)
- Bachelor of Business (Management)
- Bachelor of Business (Marketing)
- Bachelor of Business (Marketing) (Applied)
- Bachelor of Business (Professional Accountancy)
Graduates of the RMIT Diploma of Accounting can progress to the RMIT Advanced Diploma of Accounting.
The Victorian State Government has announced that from January 2019, that they will waive the tuition fee of 30 priority courses and 18 pre-apprenticeship courses at TAFE institutes, which includes this program.
This fee waiver will only be available for eligible students who will commence one of these qualifications in 2019.
Visit Free TAFE for priority courses for further information on what this means and whether it may affect you.
If you have any questions you can contact our Info Corner team.
The tuition fees you will pay for this program will depend on whether you are offered a Victorian Government subsidised place or a full-fee place. To find out if you are eligible for a government subsidised place, follow the steps at How to check if you are eligible.
- 2019 government subsidised place: AU$8,500* per annum
- 2019 full-fee place: AU$10,750* per annum
*Fees shown are indicative only and subject to change given individual circumstances at the time of enrolment.
Use our fee finder to get an estimate of your fees for this program.
Tuition fees are adjusted on an annual basis and these fees should only be used as a guide. Learn more about fees for vocational study.
VET Student Loans
The Australian Government provides financial assistance via the VET Student Loans scheme (VSL), which allows eligible students in eligible programs to defer payment of their tuition fees, up to the maximum loan amount for their program.
How does a VET Student Loan work?
If your VSL application is successful, the Australian Government will pay RMIT your tuition fees on your behalf, up to the maximum loan amount for your program.
If your program is eligible for the VSL scheme and has a loan cap that doesn’t cover the total amount of the tuition fees for your program, then you’ll need to pay RMIT the difference once you exceed the cap.
Your VET Student Loan becomes part of your Higher Education Loan Program (HELP) debt. You will start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is adjusted each year (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.
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 2019 is $303.
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.
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.