The Master of Accounting and Finance is a 72-unit program offered by the College of Business, Government and Law.
Applicants must have completed a Bachelor’s degree or equivalent qualification in any discipline (other than accounting degree accredited in Australia) from an approved tertiary institution.
Applicants with an Australian accredited degree in accounting are not eligible for admission into the Master of Accounting and Finance). However, the Dean (Education) may, under certain circumstances and subject to specific conditions, admit others who can show evidence of fitness for candidature.
The course is designed to provide a strong foundation of business, accounting and finance knowledge, competencies and capabilities to support ethical, global business management and leadership of organisations. Students will be exposed to the application of theory to a range of organisation types including private sector business organisations, not-for-profit organisations and public organisations. Through experiential learning techniques students will develop knowledge and competencies to conduct independent research, carry out industry and discipline related projects, and relate their learning to authentic accounting and financial problems and issues encountered by organisations.
Students successfully completing this course will be able to:
- explain the role of accounting and financial management to strategic and operational planning and decision making within an organisation including reference to and recognise taxation and other legal issues relevant to business
- apply the professional accounting body ethical standards to professional and business scenarios and critically evaluate the role of theory in informing accounting and finance practice
- apply technical finance and accounting skills to process transactions and construct accounts for a variety of organisations, including sole traders, partnerships and companies
- apply accounting and finance theory and concepts to produce reports to inform management and strategic planning, control and decision making
- critically appraise the impact of fiscally responsible and sustainable compliance with legal, regulatory and governance obligations
- critically analyse diverse business scenarios by applying accounting information system concepts and auditing principles and processes, and financial control and planning theory and practices
- apply appropriate research methods to investigate and formulate financial securities and investment, financial conrtrol and risk mitigation strategies for diverse organisations
- manage time, tasks, self and others effectively to complete projects individually and in collaboration with a diverse team
- explain theoretical concepts and complex ideas in both written and verbal formats appropriate for a range of specialist and non-specialist stakeholder audiences
Program of study
To qualify for the Master of Accounting and Finance, a student must complete 72 units with a grade of P or NGP or better in each topic, according to the following program of study. Not all topics are necessarily available in a given year.
Core - Year 1 & 2 topics
63 units of core topics:
BUSN9019 Applied Research Methods in Business (4.5 units)
BUSN9113 Accounting Fundamentals (4.5 units)
BUSN9114 Information Systems and Accounting Processes (4.5 units)
BUSN9115 Quantitative Methods (4.5 units)
BUSN9116 Economics for Business (4.5 units)
BUSN9117 Management and Cost Accounting (4.5 units)
BUSN9118 Financial Accounting Issues (4.5 units)
BUSN9119 Financial Management (4.5 units)
BUSN9120 Corporate Accounting (4.5 units)
BUSN9123 Principles of Commercial Law (4.5 units)
BUSN9130 Derivatives and Risk Management (4.5 units)
BUSN9131 Applied Security Analysis and Valuation (4.5 units)
BUSN9132 New Venture Finance and Private Equity (4.5 units)
BUSN9223 Investments and Portfolio Management (4.5 units)
Option - Year 1 & 2 topics
9 units from the following:
BUSN9121 Auditing and Assurance (4.5 units) *
BUSN9122 Perspectives on Taxation Law (4.5 units) *#
BUSN9126 Industry Placement (4.5 units)^
BUSN9145 Enterprise and Innovation Project (4.5 units)
BUSN9229 Sustainability and Ethics in Management (4.5 units)
BUSN9241 International Business Finance and Banking (4.5 units)
BUSN9409 Academic English for Business (4.5 units)
^ Enrolment into these topics requires approval from the Program Director
* Students who wish to undertake the Chartered Accountants Program must complete BUSN9121 Auditing and Assurance and BUSN9122 Perspectives on Taxation Law as their electives to meet CAANZ entry requirements.
# Students who wish to undertake the CPA Australia Program must complete BUSN9122 Perspectives on Taxation Law as one of their electives to meet CPA Australia entry requirements.