Diploma of Accounting - FNS50217
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
|Diploma of Accounting||City Campus||
Six months full time study
Six months full time
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Program code: C5390
National curriculum code: FNS50217
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.
Completion of the FNSSS00014 Accounting Principles Skill Set;
Completion of FNS40615 Certificate IV in Accounting or equivalent;
Completion of FNS40215 Certificate IV in Bookkeeping or equivalent;
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.
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 50 (with minimum score 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)
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$5,000* per annum
- 2019 full-fee place: AU$7,000* 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.