Monash University
Master of Professional Accounting
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
This course will give you a deeper understanding of the key concepts, tools and practices that reflect current business accounting.
Course overview
The Master of Professional Accounting is the ideal next step if you’re looking to add accounting to your business toolkit – and equip yourself with the skills to practise the discipline professionally.
This two-year program will give you a deeper understanding of the key concepts, tools and practices that reflect current business accounting – so you’ll be more than capable of making the discipline part of your own career.
Key facts
What you will study
To qualify for the award of Master of Professional Accounting, students must complete a total of 96 credit points.
Core subjects:
- Introduction to financial accounting (6 credit points)
- Economics (6 credit points)
- Business statistics (6 credit points)
- Accounting information systems (6 credit points)
- Financial accounting (6 credit points)
- Management accounting (6 credit points)
- Advanced financial accounting (6 credit points)
- Auditing and assurance (6 credit points)
- Business finance (6 credit points)
- Business and company law (6 credit points)
- Taxation law (6 credit points)
Capstone
- Integrated accounting
Electives
- Data analytics
- Sustainability
- Governance and risk management
- Forensic accounting
- Valuation
Entry Requirements
Entry level 1
An Australian bachelor's degree (or equivalent) with at least a credit (60%) average or equivalent Grade Point Average (GPA)
Entry level 2
- An Australian bachelor's degree (or equivalent) in Business, Economics, Commerce, Law, Humanities, Arts, Social Science or Science with at least a credit (60%) average or equivalent Grade Point Average (GPA).
- An Australian bachelor's degree (or equivalent) with at least a credit (60%) average or equivalent Grade Point Average (GPA) and an Australian graduate certificate (or equivalent).
- An Australian bachelor's honours degree (or equivalent) with at least a credit (60%) average or equivalent Grade Point Average (GPA).
- An Australian bachelor degree (or equivalent) and two years relevant professional experience.
* Applicants applying on the basis of work experience are required to provide a detailed curriculum vitae, outlining their employment history and professional experience.
Applicants who have completed relevant discipline units in an Australian bachelor degree (or equivalent qualification) may be exempted from undertaking mastery knowledge units and will be able to choose an alternative unit, in consultation with the Course Director.
English 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.
You need satisfactory completion of one of the following:
- The equivalent of an Australian VET Certificate IV course (AQF Level 4), or higher, that has been approved by the faculty as requiring sufficient English skills
- Study in an English medium educational institution equivalent to at least 24 Monash credit points (one semester of full-time study) at Australian VET diploma level (AQF Level 5) or higher
- At least two units of higher education study (to a minimum 12 points), of which at least one is an English-rich unit, taken as part of an award or non-award course
- An Australian masters by research or doctoral degree, or equivalent, from an English medium institution.
The University does not accept competency-based qualifications as meeting English language requirements.
English test
If you don’t meet the Monash English requirement for a course at an Australian campus (but you meet all other admission requirements), reach out to your faculty to discuss your options. You may be asked to complete an internal assessment or one of the following English tests with the approval of the faculty dean (or a nominee):
- IELTS (Academic)
- IELTS One Skill Retake (Academic)
- IELTS Online
- Internet-based TOEFL
- TOEFL iBT Paper Edition
- Pearson Test of English (Academic)
- C1 Advanced
- C2 Proficiency
- STAT English
Recognition of prior learning
Depending upon prior qualifications, students may receive credit for part of the course. Contact the university for more details.
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 a mastery of professional accounting and be able to apply both theoretical and practical knowledge and skills in applied accounting situations.
Fees and FEE-HELP
Average 2025 first-year fee: $37,100 (domestic fee-paying)
The estimated per-unit fee is calculated using the annual average first-year fee. It is typically represented on a full-time study load of 48 credit points.
Some units may have additional fees for required materials or services. Student fees shown are subject to change. Contact the university directly to confirm.
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; and
- eligibility for government-funded loans
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.