Master of Professional Accounting and Finance
2019 Deakin University Handbook
| Year | 2019 course information |
|---|---|
| Award granted | Master of Professional Accounting and Finance |
| Course Map | This course map is for new students commencing from Trimester 1 2019. This course map is for new students commencing from Trimester 2 2019. This course map is for new students commencing from Trimester 3 2019. Course maps for commencement in previous years are available on the Course Maps webpage or please contact a Student Adviser. |
| Campus | Offered at Burwood (Melbourne) |
| Cloud Campus | Yes |
| Duration | Depending on your professional experience and previous qualifications, the Master Professional Accounting and Finance is typically 1, 1.5 or 2 years duration.
|
| CRICOS course code | 096841J Burwood (Melbourne) |
| Deakin course code | M794 |
| Approval status | This course is approved by the University under the Higher Education Standards Framework. |
| Australian Qualifications Framework (AQF) recognition | The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9. |
Course sub-headings
- Course overview
- Indicative student workload
- Professional recognition
- Participation requirements
- Mandatory student checks
- Pathways
- Alternative exits
- Fees and charges
- Course Learning Outcomes
- Course rules
- Course structure
- Work experience
- Research and research-related study
Course overview
Complete a combined Masters while achieving a recognised professional accounting and/or finance qualification.
Specialising in Accounting and Finance, this course meets the needs of employers and professional bodies operating in this area.
Aside from core units in areas such as portfolio management, income tax law and corporate finance, you can choose electives relevant to your career and personal goals. For example, you can learn more about international finance, modelling techniques for finance or work integrated learning (WIL).
Studying this course will 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 (CAANZ);
- meet the educational requirements for the Institute of Public Accountants
- allow students to enter the Certified Management Accountants (CMA) study program.
Participation requirements
Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.
Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.
Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.
Mandatory student checks
Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.Pathways
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.
Alternative exits
| Graduate Certificate of Finance (M530) | |
| Graduate Certificate of Professional Accounting (M506) | |
| Graduate Diploma of Finance (M630) | |
| Graduate Diploma of Professional Accounting (M696) |
Fees and charges
Fees and charges vary depending on your course, your fee category and the year you started. To find out about the fees and charges that apply to you, visit the Current students fees website.
Course Learning Outcomes
| Graduate Learning Outcome | Course Learning Outcome |
| 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. |
Course rules
The Master of Professional Accounting and Finance is typically 8, 12 or 16 credit points. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money.
For students undertaking 16 credit points, you study 15 credit points of core units and a 1 credit point elective unit, plus completion of MAI010 Academic Integrity (0 -credit point compulsory unit). Most units (think of units as ‘subjects’) are equal to 1 credit point.
Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature.
Course structure
Course structure
Course structure
Core units
| MAI010 | Academic Integrity (0 credit points) |
| MPA701 | Accounting 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 |
| MAF703 | Applied Corporate Finance |
| MAF707 | Investments and Portfolio Management |
| MAF759 | Analytical Methods |
| MLC703 | Principles of Income Tax Law 1,2,3,4 |
| MLC707 | Business Law 1, 2, 4 |
| MPF753 | Finance 1, 2, 4 |
| MPT781/MPE781 | Economics for Managers 1, 2, |
| MPM701/MPM701A | Business Process Management 1, 2, * |
* MPM701A is a Start Anytime unit
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 OR 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 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 structure
Elective units
Restricted elective (one of):
| MAA753 | Professional Research and Analysis |
| MAF711 | Modelling Techniques for Finance |
| MAF760 | International Finance |
| MPE707 | International Banking and Finance |
| MWL702 | Business Practicum |
| MWL703 | Team Internship |
| MWL704 | Work Based Learning |
Work experience
This course provides students the opportunity to complete one or more elective work integrated learning units.
More information: WIL Programs
Other course information
Course duration - additional information
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.
Research and research-related study
This course includes 1cp equivalent research-related study as well as learning embedded across a number of units where student achievement is demonstrated in specific assessment tasks.