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Monash University

Master of Accounting

  • Delivery: Face to Face
  • Study Level: Postgraduate
  • Duration: 12 months
  • Course Type: Master's

The course also offers you a fast-track route to completing your professional recognition with the Chartered Institute of Management Accountants (CIMA).

Course overview

If you're seeking advanced knowledge and expertise in accounting, this course is for you. Designed to provide you with the skill set required to successfully operate as a specialist in the accounting profession, it is suitable for accounting graduates and accountants who wish to extend their knowledge and develop high level expertise across key fields of accounting.

The course also offers you a fast-track route to completing your professional recognition with the Chartered Institute of Management Accountants (CIMA).

Key facts

Delivery
Face to Face
Course Type
Master's
Duration
More Information
Can be studied part time
12 months (Full time)
Price Per Unit
From $4,638
More Information
The estimated per-unit fee is calculated using the annual average first-year fee. It is based on a full-time study load of 48 credit points (eight units).
Campus
Caufield
Intake
New start dates announced soon
Units
12
Fees
More Information
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.
FEE-HELP

What you will study

To complete the Master of Accounting, you must complete 12 units (72 credit points). It consists of Part A. Mastery Knowledge eight units (48 credit points) and Part B. Electives four units (24 credit points).

Mastery Knowledge

You must complete either a coursework or research pathway.

a. Coursework pathway

Complete the following units:

  • Strategic management accounting (6 credit points)
  • Forensic accounting and fraud examination (6 credit points)
  • Financial reporting issues (6 credit points)
  • Integrated systems for business enterprises (6 credit points)
  • Management control systems (6 credit points)
  • Financial statement analysis and business valuation (6 credit points)
  • Business analytics (6 credit points)

Capstone unit

Complete one of the following units:

  • Applied contemporary accounting (6 credit points)
  • Accounting study tour (6 credit points)
  • Industry placement (6 credit points)
  • Industry placement (12 credit points)

OR

b. Research pathway

Core units

Complete the following units:

  • Strategic management accounting (6 credit points)
  • Forensic accounting and fraud examination (6 credit points)
  • Financial reporting issues (6 credit points)
  • Integrated systems for business enterprises (6 credit points)

Honour research units

Complete the following units:

  • Research methods (6 credit points)
  • Issues in financial accounting and auditing (6 credit points)
  • Issues in management accounting and systems (6 credit points)

Honour level unit

Complete one of the following units:

  • Management control systems (6 credit points)
  • Financial statement analysis and business valuation (6 credit points)
  • Business analytics (6 credit points)
  • Accounting for climate change (6 credit points)
  • Accounting for sustainability (6 credit points)
Electives

Entry requirements

Entry level 1: 72 points to complete

Duration: 1.5 years full-time, 3 years part-time

  • An Australian bachelor's degree (or equivalent) with a major in accounting with at least a high credit (65%) average or equivalent Grade Point Average (GPA).

Entry level 2: 48 points to complete

Duration: 1 year full-time, 2 years part-time

Applicants must have one of the following:

  • An Australian bachelor's degree (or equivalent) with a major in accounting with at least a high credit (65%) average or equivalent GPA that meets the entry requirements of a professional accounting organisation*
  • An Australian bachelor's degree (or equivalent) with a major in accounting with at least a high credit (65%) average or equivalent Grade Point Average (GPA) and an Australian graduate certificate/honours degree (or equivalent)
  • An Australian bachelor's degree (or equivalent) with a major in accounting and two years of relevant professional experience**
  • An Australian bachelor's degree (or equivalent) with a major in accounting and full membership of a professional accounting organisation*

*Professional accounting organisations: Chartered Accountants Australia + New Zealand (CA ANZ) or CPA Australia or Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA), Institute of Public Accountants (IPA) or a recognised equivalent professional accounting program.

**Applicants applying based on work experience are required to provide a detailed curriculum vitae outlining their employment history and professional experience.

English language requirements

For entry to Monash University, you must meet the minimum English language requirements. You can do this by completing one of the qualifications listed on their website.

If you've completed several measures of English proficiency over a period of time, the highest valid measure will be accepted as long as it's been taken within the required time limitations.

University entrance requirements

Minimum entrance requirements apply for admission to Monash University Australia.

Recognition of Prior Learning

You may be able to get credit for your course based on prior formal, non-formal or informal learning. To apply, you will need to provide supporting documentation outlined by the university. Contact the university for more information.

Outcomes

Learning outcomes

  • Be critical and creative scholars who:
    • Produce innovative solutions to problems.
    • Apply research skills to business challenges.
    • Communicate effectively and perceptively.
  • Be responsible and effective global citizens who:
    • Engage in an internationalised world
    • Exhibit cross-cultural competence
    • Demonstrate ethical values
  • Have a comprehensive understanding of their discipline and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve
  • Demonstrate judgement, integrity and creativity in the application of advanced knowledge and skills in accounting to existing and emerging events.

Fees and FEE-HELP

Average 2025 first-year fee: $37,100 (domestic full-fee paying place)

All costs are calculated using current rates and are based on a study load of 24 credit points (normally four units) per semester or 48 credit points (normally eight units) per year.

A student’s annual fee may vary in accordance with:

  • The number of units studied per term. 
  • The choice of major or specialisation.
  • Choice of units. 
  • Credit from previous study or work experience.
  • Eligibility for government-funded loans.

Student fees shown are subject to change. Contact the university directly to confirm.

FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.