RMIT University
Master of Professional Accounting
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Designed primarily for students from non-accounting backgrounds who want to develop an understanding of the technical and social dimensions of accounting and business.
Course overview
The Master of Professional Accounting program combines core accounting studies with authentic learning experiences delivered through industry-informed, work-integrated learning subjects and global study tours. This experience provides you with opportunities to solve accounting problems in diverse contexts, critically applying your knowledge and skills while considering social, ethical, economic, regulatory and global perspectives.
You’ll also learn valuable professional skills, such as the ability to justify and communicate accounting advice to different audiences and how to apply research methods to design innovative solutions to problems in contemporary business practice.
The program is suited to current workers who have progressed into a role that requires accounting knowledge, as well as people contemplating a career in accounting for the first time.
CSP Subsidised Fees Available
This program has a limited quota of Commonwealth Supported Places (CSP). The indicative CSP price is calculated based on first year fees for EFT. The actual fee may vary if there are choices in electives or majors.
Key facts
What you will study
To earn the Master of Professional Accounting, students must complete a total of 192 credit points. Unless otherwise indicated, each course is worth 12 credit points.
At RMIT University, the terms “course” and “courses” may also be used to refer to individual “subjects” or units of study.
Core courses
Complete the following courses:
- Accounting, Accountability and Society
- Business and Corporations Law
- Financial Decision Making
- Visualising and Communicating Insights in Business
- Corporate Accounting
- Business Research Design
- Quantitative Methods for Economic Analysis
- Strategic Management Control Systems
Entry requirements
Two-year duration
- Applicants must have an Australian bachelor's degree (or equivalent), or higher-level qualification, in any discipline from a recognised tertiary institution.
1.5-year duration (with advanced standing)
Applicants must have one of the following:
- An Australian bachelor's degree (or equivalent), or higher-level qualification, in a business or related discipline from a recognised tertiary institution.
- An Australian bachelor's degree (or equivalent), or higher-level qualification, from a recognised tertiary institution in any discipline, plus a minimum of two years of relevant work experience.
- RMIT's Graduate Certificate in Professional Accounting.
Notes:
- You do not need to make a separate application for advanced standing (1.5-year duration). RMIT will assess your eligibility for advanced standing as part of your program application. However, if you would also like to be assessed for Recognition of Prior Learning, you must submit a detailed CV with your application. All assessments are made on a case-by-case basis.
- If your qualification was completed more than 10 years ago, you will need to provide evidence of ongoing professional work and/or professional development in the same discipline as the program for which you are seeking entry.
English language requirements
You must meet the University's minimum English language requirements to be eligible for a place in this program. Contact the university for more information.
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
Upon successful completion of this program, you will be able to :
Upon successful completion of the Master of Professional Accounting, you will have developed the capabilities to work as an accountant in a range of diverse organisations. Throughout your studies, you will build your knowledge, application, judgment and communication skills in the accounting discipline within a broad business context.
As a graduate, you will be able to integrate theoretical and technical accounting knowledge, covering auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law, taxation law and more. Under supervision, you will not only utilise various perspectives—social, ethical, economic, regulatory and global—to solve complex accounting problems, but also communicate your analysis, discoveries and recommendations to both accountants and non-accountants.
Through the work-integrated learning component of this degree, you will have the opportunity to demonstrate what you have learned throughout your studies and identify areas of expertise and improvement.
As an autonomous and accountable professional, you will also seek constructive feedback throughout your career and use this to identify lifelong learning opportunities.
Fees and CSP
Estimated first-year tuition fee in 2026: From $4,738 to $17,399 (Commonwealth Supported Place).
Estimated first-year tuition fee in 2026: $35,520 (domestic full-fee paying place).
Additional expenses:
- Student services and amenities fee (SSAF): $373 maximum fee for 2026.
- Other items related to your program include field trips, textbooks and equipment.
All costs are calculated using current rates and are based on a study load of 96 credit points (normally eight units) per year.
A student’s fee may vary depending on:
- The number of courses or subjects studied per term.
- The choice of major or specialisation.
- Choice of courses or subjects.
- 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.
Commonwealth Supported Places
The Australian Government allocates a certain number of CSPs to the universities each year, which are then distributed to students based on merit.
If you're a Commonwealth Supported Student (CSS), you'll only need to pay a portion of your tuition fees. This is known as the student contribution amount – the balance once the government subsidy is applied. This means your costs are much lower.
Limited CSP spaces are offered to students enrolled in selected postgraduate programs.
Your student contribution amount is:
- Calculated per subject you're enrolled in.
- Dependent on the study areas they relate to.
- Reviewed and adjusted each year.
HECS-HELP loans are available to CSP students to pay the student contribution amount.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university program.