Master of Accounting and Financial Management

The item you are viewing is Phasing out

Overview

Our Master of Accounting and Financial Management gives you a solid foundation in every aspect of business accounting and financial management. You'll also develop your expertise through a range of advanced accounting and finance subjects, which are designed to build your professional skills. It's an ideal course if you have … For more content click the Read more button below. You'll learn:Financial and management accountingRecognise and apply the accounting principles that govern the preparation, presentation and communication of accounting information. Learn how to use accounting software to record business transactions.Financial managementGain a thorough knowledge of a firm's short and long-term investment decisions.EconomicsLearn a variety of economic concepts and how to apply them in business and policy-making.Company and commercial lawExplore the core principles of contract law, consumer protection and the law of negligence. Understand how to work with different business structures.TaxExamine Commonwealth income tax legislation and the implications of income tax on individuals and businesses.AuditingUnderstand concepts involved in the auditing process and integrate them with practical applications.

It's an ideal course if you have an undergraduate degree and want to gain your professional accounting certification, as well as hone your finance skills.

You'll learn:

Financial and management accounting
- Recognise and apply the accounting principles that govern the preparation, presentation and communication of accounting information. Learn how to use accounting software to record business transactions.
Financial management
- Gain a thorough knowledge of a firm's short and long-term investment decisions.
Economics
- Learn a variety of economic concepts and how to apply them in business and policy-making.
Company and commercial law
- Explore the core principles of contract law, consumer protection and the law of negligence. Understand how to work with different business structures.
Tax
- Examine Commonwealth income tax legislation and the implications of income tax on individuals and businesses.
Auditing
- Understand concepts involved in the auditing process and integrate them with practical applications.

Portfolio

Arts, Social Sciences & Commerce (Pre 2022)

School

Course coordinator

Kate Ashman

Location(s)

Melbourne (Bundoora)

CRICOS code

052343B

Course instance contact

Helen Yang

Course duration (full time)

2 years

Study level

Postgraduate

AQF level

Level 9 - Masters Degree

Available only as an exit award

Study options

Domestic

International onshore

Completion requirements

Students must complete 16 subjects, as outlined in the course structure (240 credit points).
All subjects are worth 15 credit points.
The subjects are listed in the preferred order of study.
This degree is designed to be completed in 1.5 years of full-time study (with advanced standing) or 2 years of full-time study (without advanced standings).
LTU0AIM is a not-for-credit subject that you are required to complete at the commencement of your first semester. The subject is designed to enhance your knowledge and awareness of issues concerning academic integrity.

Course structure
240 credit points

Level one120 credit points

Core120 credit points

Level two120 credit points

Core90 credit points

Electives30 credit points

Course intended learning outcomes

On successful completion you will be able to:

Develop advanced knowledge in accounting and financial management principles through education and research which is innovative, responsible and engaged, and can be applied in a range of professional and scholarly contexts

Convey focused and sustained arguments supported by literature appropriate for both professional and academic contexts

Present complex ideas in a persuasive, authoritative and professional voice

Effectively formulate their own opinions and integrate the opinions of others into cogent arguments

Critically reflect upon and analyse complex disciplinary problems

Apply theoretical frameworks to interpret academic research in order to develop insights which are verifiable and scholarly

Use complex problem-solving techniques to critically review business problems from a range of stakeholder perspectives

Exercise effective teamwork skills to develop solutions to complex business problems

Gather, critically review and use information to meet outcomes and to generate new information

10.

Critically formulate a considered position, employing a range of frameworks, which addresses societal, economic, political, cultural or global concerns

Career outcomes

Graduates with specialisations and who are working toward professional membership are highly regarded by prospective employers. Use your accounting and finance skills in a diverse range of roles in commercial and public sector organisations, including:

Investment officer
- Provide businesses with strategic investment advice. Identify business opportunities and secure investments that grow their impact.
Management accountant
- Manage accounting records, financial statements and tax returns for individuals, companies, trusts and super funds. Provide financial advice and formulate business plans.
Finance business partner
- Use your accounting skills to connect business units with both operations and management. Provide support and analysis, and become a trusted adviser who adds value in decision-making.
Auditor
- Ensure businesses comply with internal control procedures and legal standards.
Financial manager
- Take responsibility for budget planning and support executive decision-making with quality financial advice.
Financial controller
- Oversee business finances and make key decisions on operations and spending.

Professional recognition

The Master of Accounting and Financial Management is accredited by CPA Australia, Chartered Accountants Australia and New Zealand (CAANZ), and by the Chartered Institute of Management Accountants (CIMA). Students are required to complete specific subjects in order to graduate with the CPA Australia and CAANZ accredited qualification. Contact the relevant professional body for details. Professional registration may require an application to the professional body and may have additional or ongoing requirements beyond the completion of the degree. Please contact the relevant professional body for details.

Graduates of the Master of Accounting and Financial Management may apply for membership with the Institute of Public Accountants (IPA) and the Association of Chartered Certified Accountants (ACCA). Membership may be subject to additional or ongoing requirements beyond completion of the degree. Please contact the relevant professional body for details.

Handbook