B6011 Master of Professional Accounting

The course is structured in two parts: Part A. Mastery knowledge and Part B. Electives

Part A. Mastery knowledge

These units will equip you with business foundation skills and knowledge, examining accounting, law, economics and statistics and will develop your capacity as a critical accounting professional. You will be able to apply your knowledge of a specialist study to provide discipline-based solutions to professional accounting environments.

Part B. Electives

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development and give you the skills to practice effectively as an accountant.

Master's entry points

Depending on prior qualifications you may receive entry level credit (a form of block credit) which determines your point of entry to the course:

• If you are admitted at entry level 1 you complete 96 credit points, comprising Part A and Part B.
• If you are admitted at entry level 2 you complete 72 credit points, comprising Part A.

Note: Students eligible for credit for prior studies may elect not to receive the credit and complete the higher point option.

Course progression map

The course progression map provides guidance on unit enrolment for each semester of study.

The course comprises 96 credit points structured into two parts: Part A. Mastery knowledge (72 credit points) and Part B. Electives (24 credit points).

Part A. Mastery knowledge (72 credit points)

a. You must complete the following eleven units (66 credit points)

• ACF5950 Introduction to financial accounting
• ECX5953 Economics
• ETX5900 Business statistics
• ACF5904 Accounting information systems
• ACF5953 Financial accounting
• ACF5955 Management accounting
• ACF5956 Advanced financial accounting
• ACF5957 Auditing and assurance
• BFF5954 Business finance
• BTF5955 Business and company law
• BTF5965 Taxation law

b. You must complete the following capstone unit (6 credit points)

• ACF5510 Integrated accounting

Part B. Electives (24 credit points)

You must complete four units (24 credit points) at level 5 from the Faculty of Business and Economics, which could include study tours, consulting projects or industry placements. In addition, units may be selected from across the University as long as you have met the prerequisites and there are no restrictions on enrolling in the units. 

You can enrich your degree by honing your academic and professional skills through the Monash Innovation Guarantee (MIG). The MIG is your unique opportunity to collaborate with renowned industry leaders and design innovative solutions that result in real social change. MIG will give you the leadership skills you will need to adapt and thrive in a rapidly changing world and is your chance to make connections before you graduate. The MIG unit may be credited in place of a free elective as a 6 credit point unit option. For information on eligibility please see FREE.

You are recommended to complete four units from one of the following themes below:

Data Analytics

ETC5512 Wild-caught data
ETC5513 Collaborative & Reproducible Practices
ETC5242 Statistical thinking
ETC5550 Applied forecasting

Sustainability

ACX5800 Accounting for climate change
ACX5900 Accounting for sustainability
BEX5200 Climate change & carbon management strategies
BTF5910 Corporate sustainability regulation

Governance and Risk Management

BTF5111 Technology risk and regulations in the digital era
MGF5020 Business ethics in a global environment
BTF5000 Corporate governance, risk and social responsibility
BTX5914 Scandal: Risk, Ethics and the Law

Forensic Accounting

ACF5120 Forensic Accounting and Fraud Examination
ACF5080 Management Control Systems
ACF5320 Business Analytics
BTF5000 Corporate governance, risk and social responsibility

Valuation

ACF5130 Financial Statement Analysis and Valuation
BFF5525 Quantitative and data analysis in Python 
BFF5580 Mergers and Acquisitions
BFF5520 Financial theory