Master of Professional Accounting and Finance
2025 Deakin University Handbook
| Award granted | Master of Professional Accounting and Finance |
|---|---|
| Deakin course code | M794 |
| Course version | 2 |
| Faculty | Faculty of Business and Law |
| Course Information | For students who commenced from 2018 to 2020 |
| Campus | Offered to continuing students only |
| Duration | 2 years full-time or part-time equivalent |
| CRICOS code | 096841J Burwood (Melbourne) |
| Australian Qualifications Framework (AQF) recognition | The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9 |
Offered to continuing students only. Students should contact a Student Adviser in Student Central for course, course maps and enrolment information. | |
Course sub-headings
- Course overview
- Indicative student workload
- Professional recognition
- Course learning outcomes
- Course rules
- Course structure
- Work experience
- Fees and charges
Course overview
This Masters program is a combined course which allows you to exit with the accounting units necessary to take the next step in relation to the professional accounting bodies and to have a strong knowledge in finance. Specialising in Accounting and Finance, this course meets the needs of employers and professional bodies operating in these discipline areas.
You cover a range of relevant areas including portfolio management and international finance, financial and management accounting, income tax law, auditing, fraud and governance and more.
Studying appropriate units within this course will also help make you eligible for entry as an associate member of CPA Australia among other professional recognition.
Indicative student workload
As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.
Professional recognition
Completion of the appropriate selection of units within the Master of Professional Accounting and Finance can:
- grant eligibility for entry as an associate member of CPA Australia;
- meet the educational requirements for entry into the CA program of the Chartered Accountants Australia and New Zealand (CA ANZ);
- meet the educational requirements for the Institute of Public Accountants
- allow students to enter the Certified Management Accountants (CMA) study program.
Course learning outcomes
| Deakin Graduate Learning Outcomes | Course Learning Outcomes |
|---|---|
| Discipline-specific knowledge and capabilities | Demonstrate an advanced and integrated understanding of current and emerging accounting and finance concepts and practices in contemporary business. |
| Communication | Use advanced communication skills to justify and communicate complex accounting and finance concepts and ideas to accountants, finance professionals and other business related occupations. |
| Digital literacy | Be able to apply appropriate digital technologies to find, use, manage and disseminate complex financial and accounting data, information and ideas. |
| Critical thinking | Use a specialised set of high order cognitive and critical analysis skills expected of accounting and finance professionals in contemporary business to evaluate, synthesise and justify complex ideas and recommendations. |
| Problem solving | Develop solutions to real world and ill-defined problems faced by accounting and finance professionals in business. |
| Self-management | Use acquired skills to undertake own work and learning and conduct independent research. |
| Teamwork | Develop teamwork skills and facilitate a positive team environment by working with and learning from others on accounting and international finance issues. |
| Global citizenship | Engage ethically, professionally and productively in a professional accounting, international finance and business context in light of changing global perspectives. |
Approved by Faculty Board
Course rules
To complete the Master of Professional Accounting and Finance students must pass 16 credit points and meet the following course rules to be eligible to graduate:
-
DAI001 Academic Integrity Module (0-credit-point compulsory unit) in their first study period
-
15 credit points of core units
-
1 credit point course elective unit
Students are required to meet the University's academic progress and conduct requirements. See the enrolment codes and terminology to help make sense of the University's vocabulary.
Course structure
Compulsory 0-credit module
To be completed in the first trimester of study:
| DAI001 | Academic Integrity and Respect at Deakin replaces MAI010 |
Core units
| MAA701 | Accounting [replaces MPA701]1,2, |
| MAA703 | Accounting for Management 1,2,4, |
| MAA705 | Corporate Auditing 2,3,4, |
| MAA716 | Financial Accounting 1,2, |
| MAA725 | Advanced Accounting Principles and Practice 1,2,4, |
| MAA763 | Governance and Fraud |
| MAF702 | Financial Markets and Digital Innovations |
| MAF703 | Applied Corporate Finance |
| MAF707 | Investments and Portfolio Management |
| MAF759 | Financial Data Analytics |
| MLC703 | Principles of Income Tax Law 1,2,3,4, |
| MLC707 | Business Law 1,2,4, |
| MAF752 | Principles of Finance [replaces MPF753]1,2,4, |
| MPT781/MPE781 | Economics for Managers 1,2, |
| MAA789 | Accounting Systems and Analytics |
Notes
1 Required by CPA Australia for Associate (foundation level) Membership.
2 Required by the Chartered Accountants Australia and New Zealand for entry to the CA Program.
3 Candidates have the option of either completing MAA705 and/or MLC703 in the CPA Program. All other core curriculum areas must be completed for admission as an Associate member of CPA Australia.
4 For candidates who would like to obtain exemptions to the Association of Chartered Certified Accountants (ACCA) foundation level program.
Students should carefully note the trimesters when units are offered to ensure that all required units can be completed in the appropriate time frame. Students who wish to enter the CA or CPA programs or apply for exemptions to the ACCA program are advised that it is their responsibility to ensure that they take the appropriate units required for entry.
Students who have completed prior undergraduate or graduate units in accounting or other core knowledge areas are advised to have their qualifications assessed by their preferred professional organisation to ensure they complete the correct units.
Please note: The eligibility of students for membership of the accrediting body is subject to meeting the requirements of that body. Deakin makes no representations that individuals will meet those requirements.
Students should consult with a course adviser to identify any additional requirements for membership for each professional body, and also consult with the professional body.
Course electives
One credit point from:
| MAA753 | Professional Research and Analysis |
| MAF760 | International Finance |
| MPE707 | International Banking and Finance |
| MWL716 | Consultancy Experience |
| MWL705 | Business for Social Impact |
| MWL717 | Entrepreneurship Experience |
| MWL718 | Internship |
Work experience
This course provides students the opportunity to complete one or more elective work integrated learning units.
More information: WIL Programs
Further information
Student Central can help you with course planning, choosing the right units and explaining course rules and requirements.
- Contact Student Central
Fees and charges
Fees and charges vary depending on your course, the type of fee place you hold, your commencement year and your study load. To find out about the fees and charges that apply to you, visit the Current students fees website or our handy Fee estimator to help estimate your tuition fees.