Diploma of Accounting - FNS50217
Quick facts
Student type:
Quick facts
-
Entry score
Not applicable
-
Duration
Full-time 6 months -
Location
Melbourne City -
Fees
Next intake
February, JulyEntry score
IELTS 5.5
Duration
Full-time 6 monthsLocation
Melbourne CityFees
AU$11,000 (2021 annual)
Next intake
February, July
Overview
Details
In this program you will undertake structured learning activities and authentic assessments within a Practice Firm environment that simulates real-world job roles.
Most of your face-to-face learning will take place in RMIT's Swanston Academic Building which features innovative learning spaces interspersed with retail and social spaces resulting in a stimulating environment for students.
In addition to the simulated business environment, RMIT offers a variety of other learning and teaching approaches including seminars, workshops, presentations, group discussions and project work.
Through RMIT University’s online learning portal, myRMIT, you will be able to access online learning resources, collaborate with teachers 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 supervised tests, reports, oral presentations, group projects, and practical assignments.
RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.
In addition to industry events, 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 Industry Advisory Committee includes representatives of major accounting and bookkeeping professional bodies (Association Accounting Technicians, Institute Certified Bookkeepers, Institute Public Accountants and CPA Australia) as well as high-profile industry practitioners from a broad cross-section of small and large organisations.
The Diploma program comprises 11 units (6 core and 5 elective units).
Major areas of study include:
- Leadership and management
- Financial management using advanced spreadsheeting
- Taxation for individuals
- Budgeting and management accounting
- Company financial accounting
- Internal controls
*There are entry requirements into this program
Choose a program structure
| Title | Location | Duration | Plan code | CRICOS | ||
|---|---|---|---|---|---|---|
| Diploma of Accounting | City Campus |
Six months full time study
|
Six months full time
|
C5390 | 099256B |
Choose a program structure
Program code: C5390
National curriculum code: FNS50217
Career
This program is designed for those wishing to undertake further studies in accounting, having already completed entry level studies in the Certificate IV. It introduces students for the first time to a range of common accounting specialist job roles and provides the basis for articulation into the Advanced Diploma of Accounting.
Those gaining employment at the conclusion of this program are likely to work as bookkeepers/BAS agents, assistant accountants, payroll officers or accounts clerks.
Graduates from the Diploma are encouraged to undertake the Advanced Diploma of Accounting, particularly if they wish to ultimately pursue a career as a tax agent, but also if they wish to undertake higher education studies in a related Bachelor program.
Course accreditation or membership offered by professional bodies signals to employers the quality and relevance of RMIT's courses and opens up career pathways and networks.
Professional bodies accredit or recognise courses as meeting professional and academic standards deemed to be essential for a new graduate entering into that profession. An accredited course will either enable the graduate to enter directly into a professional qualifications program or provide the graduate with exemptions or credit towards a post university professional qualification.
Statutory accreditation
This type of accreditation is where a statutory body must approve a course of study in order for a graduate to practise in that profession.
Membership
Professional bodies or associations are representative organisations of professions that provide membership and other career development support to its members. Many professional bodies offer membership opportunities for students and new graduates with benefits such as career advice, networking within the profession and access to resources not available through the university. The aim of these benefits is to assist with your transition from university into the profession.
Diploma of Accounting
Current course accreditations and information about membership and development opportunities for students and graduates.
Association of Accounting Technicians (AAT)
Membership and opportunities
- Student eligible for membership category: Student
- Graduate eligible for membership category: Affiliate
Visit the Association of Accounting Technicians website
Institute of Public Accountants (IPA)
Membership and opportunities
- Graduate eligible for membership category: Graduate
Visit the Institute of Public Accountants website
Chartered Institute of Management Accountants (CIMA)
TAFE programs in accounting satisfy the academic requirements for entry into the CIMA Program.
Membership and opportunities
- Graduate is eligible for specified credit in the CIMA program of up to 2 modules
Visit the Chartered Institute of Management Accountants website
Admissions
Completion of the FNSSS00014 Accounting Principles Skill Set;
OR
Completion of FNS40615 Certificate IV in Accounting or equivalent;
OR
Completion of FNS40215 Certificate IV in Bookkeeping or equivalent;
OR
Completion of FNS40217 Certificate IV in Accounting and Bookkeeping
You must have successfully completed the Certificate IV in Accounting and Bookkeeping at RMIT University, or an equivalent program at other institution.
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.
Entry requirements
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 (Internet Based Test - IBT): minimum overall score of 50 (with minimum of 5 in Reading, 5 in Listening, 14 in Speaking and 15 in Writing)
- Pearson Test of English (Academic) (PTE (A)): minimum score of 42 (with no communication band less than 36)
- Cambridge English: Advanced (CAE): minimum of 162 with no less than 154 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) Upper Intermediate Certificate at RMIT English Worldwide.
Pathways
This course offers pathway into further study at RMIT
Undertaking a certificate, diploma, advanced diploma or associate degree can help you meet the entry requirements for your preferred degree. These qualifications often provide credit, reducing the duration of your bachelor degree and helping you get the degree you want.
Graduates of this course will be eligible for exemptions from the courses below, subject to meeting the entry requirements. For more information, explore our Pathway finder, or contact Study@RMIT.
- Bachelor of Business (International Business) (Applied)
- Bachelor of Business (Entrepreneurship)
- Bachelor of Business (Professional Accountancy)
- Bachelor of Business (Economics and Finance) (Applied)
- Bachelor of Business (Information Systems) (Applied)
- Bachelor of Business (Marketing) (Applied)
- Bachelor of Business (Logistics and Supply Chain Management) (Applied)
- Bachelor of Business (Management)
- Bachelor of Business (Economics and Finance)
- Bachelor of Business (Marketing)
- Bachelor of Business (International Business)
- Bachelor of Business (Accountancy)
- Bachelor of Business (Logistics and Supply Chain Management)
- Bachelor of Business (Human Resource Management)
- Bachelor of Business (Information Systems)
- Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy)
- Bachelor of Business (Financial Planning)
- Bachelor of Business (Digital Business)
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. Find out if you might be eligible.
When you successfully complete the Diploma of Accounting you are guaranteed entry into the Advanced Diploma of Accounting.
Alternatively, you may be eligible for entry into other RMIT vocational study or undergraduate programs.
Fees
Free TAFE for priority courses
The Victorian Government is currently waiving tuition fees for this program for students who meet eligibility requirements for government subsidised places.
JobTrainer courses
JobTrainer is a joint initiative between the Commonwealth and State Government which provides additional funding for free or low-fee (20% of the listed tuition fee) training courses for young people and job seekers. Eligible applicants will be able to access up to one full qualification and one short course or skill set under the JobTrainer fund.
Visit Free TAFE for priority courses for further information on what this means and whether you may be eligible.
If you have any questions you can contact Study@RMIT.
The tuition fees below will apply if you are not receiving a Free TAFE or JobTrainer fee waiver.
2021 fees
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.
- 2021 government subsidised place: AU$5,500* per annum
- 2021 full-fee place: AU$8,500* per annum
*Fees shown are indicative only and subject to change given individual circumstances at the time of enrolment.
Fee finder
Use our fee finder to get an estimate of your fees for this program.
Additional expenses
- Student services and amenities fee (SSAF): AU$313 maximum fee for 2021.
- Other items related to your program, including field trips, textbooks and equipment.
Annual fee adjustment
The student tuition fees as displayed by the fee finder are indicative only and subject to change given individual circumstances at enrolment. Fees are adjusted on an annual basis and these fees should only be used as a guide.
Eligibility Exemption criteria
**The Victorian Government is currently waiving three (3) eligibility criteria around prior qualifications. This means that more people who want to study a vocational education program at RMIT, and who have studied previously, will be able to access a government subsidised place in a program. Find out how to check your eligibility
Defer your payment
The Australian Government provides financial assistance via the VET Student Loans scheme, which allows eligible students in eligible programs to defer payment of their tuition fees, up to the maximum loan amount for their program.
Learn more about fees for vocational study.
Payments and 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.
VET Student Loans
The Australian Government provides financial assistance via the VET Student Loans scheme, 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 VET Student Loan application is successful, the Australian Government will pay RMIT your tuition fees on your behalf, up to the maximum loan amount for your program.
Your VET Student Loan becomes part of your VETSL debt. You will start repaying your accumulated VETSL 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.
For more information see VET Student Loans or Study Assist.
Vet Student Loan cap
If your program is eligible for the VET Student Loan 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 by the due date once you exceed the cap.
It’s easy for you to keep track of your VET Student Loan debt, and you can choose to make upfront payments at any time before the census date.
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 2021 is $313.
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.
The total indicative tuition fee for 2021 commencement is AU$11,000.
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.
Applying for refunds
For information on how to apply for a refund as a continuing international student, please see Refunds.