MC194 - Master of Professional Accounting

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Plan: MC194EXE15 - Master of Professional Accounting
Campus: City Campus

Overview

Program details
Purpose of the Program
Articulation and pathways
Entrance requirements
External accreditation and industry links
Student expenses and charges in addition to fees
Library, IT and specialist resources

Program details

Award title: Master of Professional Accounting
Award abbreviation: MProfAcc
Total credit points: 192
Career: PGRD
Duration: 2 years full-time or part-time equivalent (or 1.5 years FT or PT equivalent with advanced standing)
Location: Melbourne City campus
Owning school: Accounting, Information Systems and Supply Chain (665H)
Owning school URL: www.rmit.edu.au/about/schools-colleges/accounting-information-systems-and-supply-chain
ASCED code: 080101
CRICOS code: 077509A

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Purpose of the Program

The Master of Professional Accounting provides you with practical and theoretical knowledge, skills and expertise to become a literate and analytical practitioner in accounting. This program is designed for graduates of non-accounting disciplines who wish to broaden their career prospects.  The Master of Professional Accounting aims to develop essential knowledge and skills in core areas of accounting and business with an appreciation of the social, environmental, cultural and ethical issues impacting on contemporary business environments.

You will experience a variety of learning experiences which may include: lectures and tutorials, assignments, presentations and collaborative projects.  Assessment includes formal examinations, written assignments, both on an individual, and group basis, in-class tests evaluations of case studies and completion of projects.

The capstone course OMGT2386 Global Multidisciplinary Business Project will give you the opportunity to critically reflect on this program’s curriculum. These courses will promote the integration and synthesis of a range of knowledge and skills gained in the program and the application of these in discipline related real-world scenarios leading to work readiness or entry to graduate studies.

The core research course of this program is BUSM4448 Business Research Design. This course is designed to develop your knowledge of research principles and methods and how to apply them within the contemporary business environment. You will have the opportunity to conduct a research project/proposal and further develop your skills in research methodology.

Graduates may gain employment in various sectors including public accounting practice, commercial and government organisations and in a wide range of roles.

This program will be delivered on-campus.

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Articulation and pathways

1. Students admitted with the equivalent of an Australian Bachelor degree or higher level qualification in business (or a related discipline) will be exempted from completing three (3) Business and Law courses (36 credit points) from the optional course list and OMGT2386 Global Multidisciplinary Business Project (12 credit points). Students will be required to complete an additional twelve (12) courses (144 credit points) in order to qualify for the degree. 

 
2. Students who successfully complete the RMIT Graduate Certificate in Professional Accounting will be exempted from completing the four (4) discipline courses completed in the Graduate Certificate in Professional Accounting and will be required to complete an additional twelve (12) courses (144 credit points) in order to qualify for the degree. 

Please refer to the Masters Advanced Standing Credit Procedure for additional information regarding the recency of previous qualifications. 
 
Credit outside of the above arrangements will be assessed consistently with the RMIT University credit policy and procedures. If you wish to apply for a credit transfer/RPL, please refer to Apply for credit. 

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Entrance requirements

Academic Entrance requirements

Australian Bachelor degree or equivalent or higher level qualification in any discipline.

Entrance requirements for international onshore applicants

All non-Australian residents and overseas full-fee paying students are required to meet RMIT English language requirements. For more information on these requirements and acceptable English Language tests please see www.rmit.edu.au/international/english-equivalent.

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External accreditation and industry links

This program is accredited by the professional bodies listed in the table below. Specified credit/exemptions towards professional qualifications offered as part of the accreditation is subject to the applicant meeting the set criteria defined by each professional body. Any application for credit/exemption should be made directly to the professional body and is the graduate's responsibility.

The professional bodies may offer membership for students and/or graduates as a career enabler which could include opportunities for networking and access to discipline specific resources. Application for membership is the student/graduate's responsibility.

Professional Body Accreditation Description Membership and Opportunities

CPA Australia

www.cpaaustralia.com.au

Program satisfies the academic requirements for direct entry into the CPA Australia program.
  • Students and graduates eligible to join CPA Australia Network
  • Graduates eligible to enrol in CPA Australia program
  • Graduates eligible for membership category: Associate

Chartered Accountants Australia and New Zealand [CAANZ]

www.charteredaccountantsanz.com

Program satisfies the academic requirements for entry into the CA program.
  • Students eligible for membership category: Student Affiliate
  • Graduates eligible to enrol in CA program
  • Graduates eligible for membership category: Student Affiliate

Association of Chartered Certified Accountants [ACCA]

www.accaglobal.com

Program satisfies the academic requirements for entry into the ACCA Qualification program.
  • Students eligible for accelerate program and can register and prepare for ACCA professional level exams prior to graduation
  • Graduates eligible for specified credit in the ACCA Qualification program  of up to 9 fundamental level papers

Chartered Institute of Management Accountants [CIMA]

www.cimaglobal.com

Program satisfies the academic requirements to be streamed inot the Advance Route 2 pathway for the CIMA qualification.
  • Students can enrol in the CIMA program with specified credit for all papers except the Management Case Study Exam [MCSE] which can be taken in the last semester of the Master's program. The CIMA qualification will be awarded on confirmation of the awarding of the degree
  • Graduates can enrol in CIMA program and is eligible for specified credit for all papers except for the MCSE

The Association of International Accountants [AIA]

www.aiaworldwide.com

Program satisfies the academic requirements for entry into AIA professional qualification programs.
  • Graduates eligible for specified credit of up to 9 papers

Institute of Public Accountants [IPA]

www.publicaccountants.org.au

Not Applicable
  • Graduates eligible to apply for IPA program
  • Graduates eligible for membership category: Associate or Graduate Associate

Institute of Chartered Accountants in England and Wales [ICAEW]

www.icaew.com

Program satisfies the academic requirements for entry into the Associate Chartered Accountant (ACA) program
  • ICAEW has a long standing Reciprocal Membership Agreement (RMA) with Chartered Accountants of Australia and New Zealand (CA ANZ).
  • If your degree is listed on CA ANZ list of ‘Accredited Tertiary Courses’ for the relevant year you may apply for the 8 CPL credits to those with relevant academic qualifications.
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Student expenses and charges in addition to fees

Once you are enrolled as a student in this program you will need to allow for expenses other than university tuition fees.  Additional expenses may relate to the purchase of lecture notes, textbooks, stationery, consumables such as printer paper, fees levied by commercial internet service providers for internet access outside of the university campus, and other relevant costs.

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Library, IT and specialist resources

RMIT Library provides extensive resources, services and study space. All RMIT students have access to scholarly resources including course related material, books, e-books, journals and databases. Computers, printers and group study rooms are available at each Melbourne Library location. You can access the Internet and Library e-resources. You can also access the RMIT University wireless network in the Library. Contact Ask the Library for assistance and further information www.rmit.edu.au/library.

Study Support is available for assistance with assignment preparation, academic writing, information literacy, referencing, maths and study skills.

Online learning tools and content

As a student in this program, you may access online learning tools and content for your program and associated courses from the student portal www.rmit.edu.au/students.

Services available to you as a student at RMIT University

RMIT University provides a wide range of resources and opportunities to assist your learning and wellbeing so you can achieve your study and career goals. Services are available face to face and online assisting with: 

  • transition to tertiary study and learning 
  • study skills, academic skills including literacy, mathematics and basic sciences if relevant 
  • enabling assistance if you have a disability, long term medical condition or other form of disadvantage which may impact on your learning 
  • career development and employment 
  • living and wellbeing (including advice on health, housing and financial matters) 
  • opportunities for scholarships, leadership and study abroad. 

We also offer a dedicated support service for Aboriginal and Torres Strait Islander students. You can find more information at www.rmit.edu.au/students/support-services/indigenous.

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