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Bachelor of Business - Major in Accounting

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About the course

Learn the international language of business. The MIT Bachelor of Business, major in Accounting, gives you the skills to work in a broad range of accounting and financial roles, anywhere in the world.

Take a detailed study of the accounting discipline, such as data analytics, the use of cloud-based digital technologies, forensic accounting, various theories and models of accounting, and the roles and traditions of accounting.

This course is accredited by industry peak bodies, including CPA Australia (CPAA), Chartered Accountants Australia and New Zealand (CA ANZ) and the Institute of Public Accountants (IPA).

Change your world and transform Accounting with Capstone Project

As part of Bachelor of Business (Major in Accounting) degree, you will have access to MIT's Capstone Project unit:

  • BB330 - Industry Based Capstone Project.

MIT’s School of Business has designed this unit to provide you with real world, experience, working for an industry client. The Industry Experience unit will require you to undertake project work for 150 hours in the trimester. The unit will provide you with 'Work-ready' industry knowledge. You will work with the Industry client in the field of Accounting through analysis, design, development and implementation using Project Management tools. You will tackle real world complex problems with technical and creative skills.

Our past students have worked on capstone project such as:

  • OH&S - Development of Market Segmentation and Analysis for an OH&S App
  • Ride-share - Development of three statement Forecast based Financial Model for a ride-share company
  • Environment - Pricing Model Analysis and Research for HR Payroll System for a Green Project
  • Sanitation - Development of Marketing Plan and Digital Marketing Strategy for an environmentally sustainable Sanitation Project
  • Education - Digital Marketing Strategy Development for International Students Well-being project
  • Travel - Research / Integration of CRM for travel industry

As an MIT student, you will have access to the state-of-the-art labs and facilities. All MIT’s labs are equipped with the latest software to hone your skill. You will also get access to MIT’s Library of the latest books/ eBooks and hundreds of online Academic publications that will keep you knowledgeable of the latest and greatest. With 24 hour digital access, you are never too far away from the latest news and journals in the academic/research space.

Learn from experts

Our school attracts some of the best minds in the Business and Accounting Field, Applied Data mining/ Big Data Analytics in Business and Economic expert Dr. Ken Mardaneh, and Mortgage/ Real Estate and Capital Markets Expert Dr. Jingjing (Justine) Wang.

 

Level Higher Degree Course (Undergraduate)
Approval Status This course is approved by TEQSA under the Higher Education Standards Framework.
Australian Quality Framework (AQF) recognition The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 7

Overview

UAC Code 570110
VTAC Code 9470194732 (DFP)
9470194733 (IFP)
Duration 3 Years (6 Trimesters) Full-Time or Equivalent Part-Time
Intake March, July, November
Campus Melbourne (City)
Sydney (City)
Study mode On Campus

 


Job Prospects

‌
Moderate
 
‌
1400

Average Weekly Pay*

 

 

* Based on Accountants job outlook published at joboutlook.gov.au

 


  • Course details
  • Entry requirements
  • Fees and charges
  • Industry Experience
  • Apply Now

Course Details

The Bachelor of Business major in Accounting course comprises: common core units, a major strem of accounting and elective units. In order to graduate from the degree students must complete 360 credit points overall.  Each unit is worth 15 credit points and full-time students undertake 4 units per semester.

Course Structure

Year 1

Semester 1
  • BB101 Business Communications
  • BB103 Management Principles
  • BB104 Introductory Accounting
  • BB105 Marketing Principles
Semester 2
  • BN110 Information Technology for Users in Organisations (CPA accredited unit)
  • BB106 Economic Principles (CPA accredited unit)
  • BB107 Commercial Law (CPA accredited unit)
  • BB108 Business Statistics (CPA accredited unit)

Year 2

Semester 3
  • BA204 Financial Accounting (CPA accredited unit)
    (Pre-requisite(s) BB104 Introductory Accounting)
  • BA206 Accounting Information Systems and Cloud Technologies (CPA accredited unit)*
    (Pre-requisite(s) BB104 Introductory Accounting)
  • BA217 Company Law (CPA accredited unit)
    (Pre-requisite(s) BB107 Commercial Law)
  • School of Business Elective 1
Semester 4
  • BA214 Corporate Accounting (CPA accredited unit)
    (Pre-requisite(s) BA204 Financial Accounting)
  • BA215 Taxation Law (CPA accredited unit)
    (Pre-requisite(s) BB107 Commercial Law)
  • BA216 Management Accounting for Planning and Control (CPA accredited unit)
    [Pre-requisite: BB104 Introductory Accounting]
  • School of Business Elective 2

Year 3

Semester 5
  • BA301 Introduction to Finance (CPA accredited unit)
    (Pre-requisite(s) BB108 Business Statistics)
  • BA302 Accounting Theory (CPA accredited unit)
    (Pre-requisite(s) BA214 Corporate Accounting)
  • BA303 Forensic Accounting and Fraud Detection
    [Co-requisite: BA302]
  • BB313 Critical Thinking and Decision Making
Semester 6
  • BA313 Auditing (CPA accredited unit)
    (Pre-requisite(s) BA214 Corporate Accounting)
  • BB330 Industry Based Capstone Project*
    [Pre-requisite: must have successfully completed a minimum of 12 units]
  • School of Business Elective 3
  • School of Business Elective 4

Students are to select from the list of Business Electives. Students must complete the pre-requisite/s (if any) prior to undertaking a unit.

Electives:

Any Bachelor of Business unit from another specialisation stream may be taken as an elective, subject to meeting pre- and co-requisites. The following units are recommended, however, not all electives may be available in all semesters.

  • BA218 Data Analytics and Business Intelligence
    [Pre-requisite: BN110]
  • BA219 Electronic Commerce and Enterprise Systems
    [Pre-requisite: BN110]
  • BB208 Business Ethics and Sustainability
    [Pre-requisite: BB103]
  • BB212 Human Resource Development
    [Pre-requisite: BB103]
  • BB329 Integrated Strategy
    [Pre-requisites: BB103, BB104, BB105 & BN110]
  • BK203 Business to Business Marketing
    [Pre-requisite: BB105]
  • BK208 Digital Marketing Foundations
    [Pre-requisites: BB105 & BN110]
  • BK213 Services Marketing
    [Pre-requisite: BB105]
  • BK301 Brand Strategy
    [Pre-requisite: BB105]
  • BM202 Organisational Behaviour
    [Pre-requisite: BB103]
  • BM203 Project Management
    [Pre-requisites: BB103 & BN110]
  • BM214 International Business Management
    [Pre-requisite: BB103]
  • BM301 Startup Entrepreneurship
    [Pre-requisites: BB105, BB103, BB104 & must have successfully completed a minimum of 16 units]
  • BM311 Entrepreneurship in a Digital Age
    [Pre-requisite: BB103]

*Additional Fees

BA206 Accounting Information Systems and Cloud Technology utilises cloud-based accounting software. When studying this unit, the student will incur a fee (currently $33) for access to the cloud-based accounting software. The student is responsible for payment of the fee.

 

*Industry Experience

It is mandatory for awarding of the Bachelor of Business degree that the student undertake the final trimester BB330 Industry Based Capstone Project unit. If a third party is required to find a project for the student, the student will incur a fee (currently $330). The industry based project is designed to provide students with real world experience, working for an industry client on a project focussed within their discipline of study.

Some remarks:

  • The program is available each intake but note that some units of study are subject to quotas and minimum enrolment requirements.
  • Not all units of study are available every Trimester, and changes in program structure occur from time to time.

Program structures and units are subject to change through the process of regular course revision. There is no guarantee that every unit will be offered in any particular trimester.

 

Aim and Objectives

The Bachelor of Business major in Accounting aims to provide graduates who will:

  • Demonstrate a broad and coherent knowledge of the accountancy discipline in the global context;
  • Possess an up-to-date body of specialist accounting knowledge both theoretical and technical;
  • Be able to apply International Accounting Standards, Australian Accounting Standards and Conceptual Framework and have the ability to remain up-to-date with changes in regulations and reporting requirements;
  • Be able to analyse and evaluate the financial position and performance of an organisation through the examination of financial and non-financial data;
  • Possess the technical and theoretical knowledge, competency and skills required to become a member of the Australian accounting professional bodies, CPA Australia (CPAA), Chartered Accountants Australia and New Zealand (CAANZ) and Institute of Public Accountants (IPA)
  • Be able to work effectively in a team environment and communicate knowledge, skills and ideas to others in different contexts: organisational, industry and globally;
  • Be able to apply knowledge and skills to demonstrate autonomy, well-developed judgement and responsibility;
  • Be ethically aware and possess appropriate professional skills for a career in accountancy;
  • Exhibit the MIT Graduate attributes

 

AQF Level 7

Summary: Graduates at this level will have broad knowledge and skills for professional work and/or further learning.
Knowledge: Graduates at this level will have broad and coherent theoretical and technical knowledge with depth in one or more disciplines or areas of practice [K1]
Skills: Graduates at this level will have well-developed cognitive, technical and communication skills to select and apply methods and technologies to:
  1. Analyse and evaluate information to complete a range of activities [S1]
  2. Analyse, generate and transmit solutions to unpredictable and sometimes complex problems [S2]
  3. Transmit knowledge, skills and ideas to others [S3]
Application of knowledge and skills: Graduates at this level will apply knowledge and skills to demonstrate autonomy, judgement and defined responsibility: Graduates at this level will apply knowledge and skills to demonstrate autonomy, well-developed judgement and responsibility:
  1. In contexts that require self-directed work and learning [A1]
  2. Within broad parameters to provide specialist advice and functions [A2]

 

 

Accreditation

The Bachelor of Business (Accounting major) and Master of Professional Accounting courses are accredited by CPA Australia (CPAA) (see www.cpacareers.com.au), Chartered Accountants Australia and New Zealand (CA ANZ)(see www.charteredaccountants.com.au), and IPA - Institute of Public Accountants (see www.publicaccountants.org.au). Upon successful completion of the course graduates will be eligible to apply for associate membership of both CPAA and IPA; and entry to both the CPA Program of CPAA and the CA Program of CA ANZ.

 

Entry Requirements

  1. Applicants must meet the academic entry requirements including pre-requisites for their chosen course, and
  2. Applicants must meet the minimum English language requirement for their chosen course, and
  3. Applicants must be 18 years of age as at the commencement date of their chosen course or unit.

 

Admission Criteria for applicants with recent secondary education

(including current year 12 and graduates from 2018 and 2017)

  • Successful completion of your HSC ( Higher Secondary Certificate) or the equivalent in your state or territory, or
  • Successful completion of the International Baccalaureate.

Pre-requisites: Units 3 and 4: a study score of at least 20 in any English in VCE or equivalent
Recommended: a study score of at least 20 in any Mathematics in VCE or equivalent

Admission Criteria for Non-year 12 applicants

(including applicants with higher education study, applicants with a vocational education and training (VET) study, applicants with a Bridging and enabling course and applicants with work and life experience)

Non-year 12 Prerequisite
Compulsory: As for Year 12 or equivalent.

Applicants with higher education study

Applicants are eligible for admission if they have satisfactorily completed at least six months of full-time equivalent study at a recognised Higher Education institution or provider.

Applicants who do not meet this requirement will be assessed on a case by case basis, on their previous academic history, which may include their:

  • Recent higher education study results, or
  • VCE study scores, and
  • a personal statement outlining motivation to study the course, details of personal circumstances

Applicants with a vocational education and training (VET) study

Applicants are eligible for admission if they have satisfactorily completed a one-year VET (Vocational Education Training) Australian Qualifications Framework accredited award at Diploma or above. Applicants must also meet any pre-requisites prescribed for the course.

Applications with Work and Life Experience

1. Requirements for applicants who did not complete Year 12:

Applicants under this category will be assessed on a case by case basis on one or more of the following:

  • Substantial relevant work experience that demonstrates that the applicant has satisfied the entry requirements for the course, or
  • Completion of any relevant non-formal courses, and
  • A personal statement outlining your motivation to study the course and details of personal circumstances including your life and work experience. Applicants should provide any aspect of their personal history that may support their application, including community service, work experience, and achievements.

2. Requirements for applicants who completed Year 12 more than two years ago:

Applicants who completed their Year 12 studies more than two years ago but have not completed any VET or higher education studies are assessed according to their Year 12 results.

Applicants with Bridging and enabling course

Applicants are eligible for admission if they have satisfactorily completed a Foundation Studies program offered by a university, a TAFE or a private provider accredited as compliant with the Australian National Standards for Foundation Programs.

Additional Information

Aboriginal and Torres Strait Islander people

Aboriginal and Torres Strait Islander applicants are assessed in the same way as applicants under the above categories.

Domestic applicants with overseas qualifications

Applicants with overseas qualifications need to establish whether their qualifications are equivalent to Australian qualifications. VTAC will advise MIT of the level of course in terms of the Australian Qualifications Framework according to NOOSR (the National Office for Overseas Skills Recognition) guidelines.

The Admissions Officer at MIT will then assess whether the qualification is suitable for entry into that course according to the course entry requirements.

English Language Requirements

Applicants with overseas qualifications must satisfy English language requirements in addition to meeting the academic requirements for the course.
Applicants with the following qualifications/English Language Tests may satisfy English requirements.

First Language English

If you completed Senior Secondary or Tertiary studies from a country where English is the first language.

Independent English Language Test Score

You need to achieve the minimum scores as shown below.

IELTS AcademicTOFEL ibtPTE AcademicCambridge CAE
Overall score 6.0 (no band less than 5.5)Overall score 60-78 with minimum scores: Reading 12, Listening 11,  Speaking 17, Writing 20Overall score 50 with (no score less than 46)CAE Score of 169 ( no band less than 162)

 

MIT English Language Placement Test

You may sit for an MIT English Language Placement Test. Students who achieve an overall score of 160 in the test will satisfy English language requirements for undergraduate courses.

Pathways

If you do not meet our entry requirements, you may be able to gain entry to this course by completing Foundation Studies or Diploma programs offered by a university, a TAFE or a private provider accredited as compliant with the Australian National Standards for Foundation Programs.

TAFE/VET Diploma and Advanced graduates may be eligible to apply for Credit Transfer.  You can get up to one-year credit transfer for a relevant Diploma and up to 1.5 years for a relevant Advanced Diploma

 

Credit Transfer

Credit transfer provide students with credit for learning already achieved. Applicants are assessed on a case-by-case basis. Learn more about credit transfer.

Applications for credit transfer must be made before or during orientation and enrolment week.

 

Recognition of Prior Learning

Recognition of prior learning (RPL) allows students to gain credit towards their course based on their prior learning (including formal, informal and non‐formal learning). Applicants are assessed on a case-by-case basis. Learn more about credit transfer.

Applications for Recognition of Prior Learning must be made before or during orientation and enrolment week.

 

Study now, pay later - with FEE-HELP

Students studying at MIT may be eligible for FEE-HELP. FEE-HELP is a loan scheme that assists eligible fee-paying students to pay their tuition fees. An eligible person may borrow up to the FEE-HELP limit to pay tuition fees over their lifetime.

For further information about FEE-HELP, click here or visit studyassist.gov.au

 

Tuition Fees

For 2018-19 fee information visit mit.edu.au/study-with-us/tuition-fees.

 

Additional Fee

It is mandatory for awarding of the Bachelor of Networking degree that the student undertake the final year project units: BN301 Industry Based Project 1 and BN304 Industry Based Project 2. If a third party is required to find a project for the student, the student will incur a fee. The industry based project is designed to provide students with real world experience, working for an industry client on a project focussed within their discipline of study.

 

Financial Assistance

Youth and student allowances

For details on Youth Allowance, Austudy and ABSTUDY, visit humanservices.gov.au

  • Admissions Policy and Procedure
  • Appeals and grievances procedures

 

Where to get further information

  • Tertiary Education Quality Standards Agency (TEQSA) (https://www.teqsa.gov.au)
  • Quality Indicators for Teaching and Learning (QILT) (https://www.qilt.edu.au)
  • Australian Qualifications Framework (https://www.aqf.edu.au)

 

Industry Experience

It is mandatory for awarding of the Bachelor of Business degree that the student undertake the final trimester BB330 Industry Based Capstone Project unit. If a third party is required to find a project for the student, the student will incur a fee (currently $330). The industry based project is designed to provide students with real world experience, working for an industry client on a project focussed within their discipline of study.

Preparing your application

Before applying, ensure that you complete your application accurately, answer relevant questions and attach your academic and other supporting documents. 

You must determine whether you meet prerequisites. See the relevant course information page for more information on prerequisites.

  • Certified copies of your academic documents (e.g., Year 12 study score, transcript, certificate/s)
  • Evidence of English language skills (if you completed studies from a  non-English speaking country)
  • Employment related documents e.g. employment certificate, reference letter, resume(where applicable)
  • Any relevant professional/personal development course certificates
  • Personal Statement (where applicable)
  • Bio-data page of your passport or birth certificate or citizenship

For information on key dates for applying and receiving offers for courses through UAC, visit UAC website

How to Apply?

If you studied Year 12 in 2019

If you have studied Year 12 in 2019 you must apply through UAC

Apply through UAC

If you did not study Year 12 in 2019, or are applying for Postgraduate courses

If you did not study Year 12 in 2019 and are applying for undergraduate course /or if you are applying for Postgraduate courses you apply directly to MIT Sydney through MIT's online Application Portal.

Apply Direct Now

 

What to do after you have applied

The application processing time for direct applications is five working days after receiving the application at MIT. It may take longer during peak periods.

If you applied through UAC, offers are released at different times. For more information on VTAC offer rounds and important dates, please visit the UAC page.

Depending on your application method, if your application is successful, you will receive:

  • Offer through your UAC account if you applied through UAC
  • Offer by email if you applied directly to MIT

How to accept your offer

Whether you received direct offer or UAC offer, you will need to attend the offer acceptance and enrolment date specified in your offer to accept your offer and enrol in units.

Deferment of offer

You can defer up to 12 months. If you wish to defer studies, you must do so before the offer acceptance and enrollment date specified in your offer letter.

Download the Deferral Form here

For more indormation, call (03) 8600 6700 or email enquiries@mit.edu.au

About the course

Learn the international language of business. The MIT Bachelor of Business, major in Accounting, gives you the skills to work in a broad range of accounting and financial roles, anywhere in the world.

Take a detailed study of the accounting discipline, such as data analytics, the use of cloud-based digital technologies, forensic accounting, various theories and models of accounting, and the roles and traditions of accounting.

This course is accredited by industry peak bodies, including CPA Australia (CPAA), Chartered Accountants Australia and New Zealand (CA ANZ) and the Institute of Public Accountants (IPA).

Change your world and transform Accounting with Capstone Project

As part of Bachelor of Business (Major in Accounting) degree, you will have access to MIT's Capstone Project unit:

  • BB330 - Industry Based Capstone Project.

MIT’s School of Business has designed this unit to provide you with real world, experience, working for an industry client. The Industry Experience unit will require you to undertake project work for 150 hours in the trimester. The unit will provide you with 'Work-ready' industry knowledge. You will work with the Industry client in the field of Accounting through analysis, design, development and implementation using Project Management tools. You will tackle real world complex problems with technical and creative skills.

Our past students have worked on capstone project such as:

  • OH&S - Development of Market Segmentation and Analysis for an OH&S App
  • Ride-share - Development of three statement Forecast based Financial Model for a ride-share company
  • Environment - Pricing Model Analysis and Research for HR Payroll System for a Green Project
  • Sanitation - Development of Marketing Plan and Digital Marketing Strategy for an environmentally sustainable Sanitation Project
  • Education - Digital Marketing Strategy Development for International Students Well-being project
  • Travel - Research / Integration of CRM for travel industry

As an MIT student, you will have access to the state-of-the-art labs and facilities. All MIT’s labs are equipped with the latest software to hone your skill. You will also get access to MIT’s Library of the latest books/ eBooks and hundreds of online Academic publications that will keep you knowledgeable of the latest and greatest. With 24 hour digital access, you are never too far away from the latest news and journals in the academic/research space.

Learn from experts

Our school attracts some of the best minds in the Business and Accounting Field, Applied Data mining/ Big Data Analytics in Business and Economic expert Dr. Ken Mardaneh, and Mortgage/ Real Estate and Capital Markets Expert Dr. Jingjing (Justine) Wang.

 

Level Higher Degree Course (Undergraduate)
Approval Status This course is approved by TEQSA under the Higher Education Standards Framework.
Australian Quality Framework (AQF) recognition The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 7

Overview

CRICOS Course Code 067439D (VIC)
072668D (NSW)
Duration 3 Years (6 Trimesters) Full-Time
Intake March, July, November
Campus Melbourne (City)
Sydney (City)
Study mode On Campus

 

 


Job Prospects

‌
Moderate
 
‌
1400

Average Weekly Pay*

 

 

* Based on Accountants job outlook published at joboutlook.gov.au

 


 
  • Course Details
  • Career Opportunities
  • Entry Requirements
  • Industry Experience
  • Apply Now

Course Details

The Bachelor of Business major in Accounting course comprises: common core units, a major strem of accounting and elective units. In order to graduate from the degree students must complete 360 credit points overall. Each unit is worth 15 credit points and full-time students undertake 4 units per semester.

Course Structure

Year 1

Semester 1
  • BB101 Business Communications
  • BB103 Management Principles
  • BB104 Introductory Accounting
  • BB105 Marketing Principles
Semester 2
  • BN110 Information Technology for Users in Organisations (CPA accredited unit)
  • BB106 Economic Principles (CPA accredited unit)
  • BB107 Commercial Law (CPA accredited unit)
  • BB108 Business Statistics (CPA accredited unit)

Year 2

Semester 3
  • BA204 Financial Accounting (CPA accredited unit)
    (Pre-requisite(s) BB104 Introductory Accounting)
  • BA206 Accounting Information Systems and Cloud Technologies (CPA accredited unit)*
    (Pre-requisite(s) BB104 Introductory Accounting)
  • BA217 Company Law (CPA accredited unit)
    (Pre-requisite(s) BB107 Commercial Law)
  • School of Business Elective 1
Semester 4
  • BA214 Corporate Accounting (CPA accredited unit)
    (Pre-requisite(s) BA204 Financial Accounting)
  • BA215 Taxation Law (CPA accredited unit)
    (Pre-requisite(s) BB107 Commercial Law)
  • BA216 Management Accounting for Planning and Control (CPA accredited unit)
    [Pre-requisite: BB104 Introductory Accounting]
  • School of Business Elective 2

Year 3

Semester 5
  • BA301 Introduction to Finance (CPA accredited unit)
    (Pre-requisite(s) BB108 Business Statistics)
  • BA302 Accounting Theory (CPA accredited unit)
    (Pre-requisite(s) BA214 Corporate Accounting)
  • BA303 Forensic Accounting and Fraud Detection
    [Co-requisite: BA302]
  • BB313 Critical Thinking and Decision Making
Semester 6
  • BA313 Auditing (CPA accredited unit)
    (Pre-requisite(s) BA214 Corporate Accounting)
  • BB330 Industry Based Capstone Project*
    [Pre-requisite: must have successfully completed a minimum of 12 units]
  • School of Business Elective 3
  • School of Business Elective 4

Students are to select from the list of Business Electives. Students must complete the pre-requisite/s (if any) prior to undertaking a unit.

Electives:

Any Bachelor of Business unit from another specialisation stream may be taken as an elective, subject to meeting pre- and co-requisites. The following units are recommended, however, not all electives may be available in all semesters.

  • BA218 Data Analytics and Business Intelligence
    [Pre-requisite: BN110]
  • BA219 Electronic Commerce and Enterprise Systems
    [Pre-requisite: BN110]
  • BB208 Business Ethics and Sustainability
    [Pre-requisite: BB103]
  • BB212 Human Resource Development
    [Pre-requisite: BB103]
  • BB329 Integrated Strategy
    [Pre-requisites: BB103, BB104, BB105 & BN110]
  • BK203 Business to Business Marketing
    [Pre-requisite: BB105]
  • BK208 Digital Marketing Foundations
    [Pre-requisites: BB105 & BN110]
  • BK213 Services Marketing
    [Pre-requisite: BB105]
  • BK301 Brand Strategy
    [Pre-requisite: BB105]
  • BM202 Organisational Behaviour
    [Pre-requisite: BB103]
  • BM203 Project Management
    [Pre-requisites: BB103 & BN110]
  • BM214 International Business Management
    [Pre-requisite: BB103]
  • BM301 Startup Entrepreneurship
    [Pre-requisites: BB105, BB103, BB104 & must have successfully completed a minimum of 16 units]
  • BM311 Entrepreneurship in a Digital Age
    [Pre-requisite: BB103]

*Additional Fees

BA206 Accounting Information Systems and Cloud Technology utilises cloud-based accounting software. When studying this unit, the student will incur a fee (currently $33) for access to the cloud-based accounting software. The student is responsible for payment of the fee.

 

*Industry Experience

It is mandatory for awarding of the Bachelor of Business degree that the student undertake the final trimester BB330 Industry Based Capstone Project unit. If a third party is required to find a project for the student, the student will incur a fee (currently $330). The industry based project is designed to provide students with real world experience, working for an industry client on a project focussed within their discipline of study.

Some remarks:

  • The program is available each intake but note that some units of study are subject to quotas and minimum enrolment requirements.
  • Not all units of study are available every Trimester, and changes in program structure occur from time to time.

Program structures and units are subject to change through the process of regular course revision. There is no guarantee that every unit will be offered in any particular trimester.

 

Aim and Objectives

The Bachelor of Business major in Accounting aims to provide graduates who will:

  • Demonstrate a broad and coherent knowledge of the accountancy discipline in the global context;
  • Possess an up-to-date body of specialist accounting knowledge both theoretical and technical;
  • Be able to apply International Accounting Standards, Australian Accounting Standards and Conceptual Framework and have the ability to remain up-to-date with changes in regulations and reporting requirements;
  • Be able to analyse and evaluate the financial position and performance of an organisation through the examination of financial and non-financial data;
  • Possess the technical and theoretical knowledge, competency and skills required to become a member of the Australian accounting professional bodies, CPA Australia (CPAA), Chartered Accountants Australia and New Zealand (CAANZ) and Institute of Public Accountants (IPA)
  • Be able to work effectively in a team environment and communicate knowledge, skills and ideas to others in different contexts: organisational, industry and globally;
  • Be able to apply knowledge and skills to demonstrate autonomy, well-developed judgement and responsibility;
  • Be ethically aware and possess appropriate professional skills for a career in accountancy;
  • Exhibit the MIT Graduate attributes

 

AQF Level 7

Summary: Graduates at this level will have broad knowledge and skills for professional work and/or further learning.
Knowledge: Graduates at this level will have broad and coherent theoretical and technical knowledge with depth in one or more disciplines or areas of practice [K1]
Skills: Graduates at this level will have well-developed cognitive, technical and communication skills to select and apply methods and technologies to:
  1. Analyse and evaluate information to complete a range of activities [S1]
  2. Analyse, generate and transmit solutions to unpredictable and sometimes complex problems [S2]
  3. Transmit knowledge, skills and ideas to others [S3]
Application of knowledge and skills: Graduates at this level will apply knowledge and skills to demonstrate autonomy, judgement and defined responsibility: Graduates at this level will apply knowledge and skills to demonstrate autonomy, well-developed judgement and responsibility:
  1. In contexts that require self-directed work and learning [A1]
  2. Within broad parameters to provide specialist advice and functions [A2]

 

 

Accreditation

The Bachelor of Business (Accounting major) and Master of Professional Accounting courses are accredited by CPA Australia (CPAA) (see www.cpacareers.com.au), Chartered Accountants Australia and New Zealand (CA ANZ)(see www.charteredaccountants.com.au), and IPA - Institute of Public Accountants (see www.publicaccountants.org.au). Upon successful completion of the course graduates will be eligible to apply for associate membership of both CPAA and IPA; and entry to both the CPA Program of CPAA and the CA Program of CA ANZ.

 

Career Opportunities

What is Accounting?

Accounting is the “language of business”; a system that collects, measures, and communicates all relevant financial information that an entity or a business requires for managing, reporting, resource allocation, and decision making purposes. Accounting is how business records, verifies, and reports values of assets, liabilities, income and expenses.

What do Accountants do?

Being an Accountant is much more than just crunching numbers. Accountants are strategic business advisers and valued member of management teams, and increasingly progress to senior management or board positions. Besides recording business transactions, bookkeeping and preparing financial statements, accountants also: provide advice on interpretation and application of financial data, participate with senior management in strategies for mergers, acquisitions and future direction of the organisation, compute cost and efficiency gains from new technologies, analyse the growth opportunities for new products, develop management information system to facilitate organisational control, decision making and reporting on organisational financial performance.

What do I study?

The Accounting major, which can be undertaken as part of the Bachelor of Business, will prepare you for one of the most sought after business professions. Accounting major units focus on financial and management accounting, specialised accounting applications, audit and assurance, and corporate and taxation law.

The final year capstone industry based project will be based on a real application in industry or in an organisation. This project will allow you to bring together and strengthen the knowledge and skills you have gained during the program.

Related courses:

Bachelor of Business (Majors in: Accounting, Marketing, and Management)

Graduate Diploma of Accounting

Master of Professional Accounting

What are the career opportunities?

As a graduate of the Bachelor of Business Accounting major, students may find employment in areas of corporate accounting, financial accounting/reporting, managerial accounting, auditing and assurance, taxation, and investments, within all areas of commerce, industry, and government.

Career roles and options include: Graduate Accountant, Certified Practicing Accountant on completion of the CPA program, Chartered Accountant on completion of the CA program, Credit Controller, Credit Analyst, Auditor, Financial Analyst or Consultant, Financial Planner on completion of further financial planning qualifications, Finance Manager, Investment Analyst/Consultant, Investment Manager, Business Analyst/Consultant, Corporate Secretary, Taxation Consultant, Taxation Agent on completion of Tax Agent qualification, Systems Accountant and Forensic Accountant.

Entry Requirement

Minimum requirements: Successful completion of Year 12 or equivalent
Pre-requisite: None

 

International Students - English Language Requirement

English language Proficiency testsResults Required
IELTS (Academic)Overall score 6.0 (no band less than 5.5) or equivalent

 

Industry Experience

It is mandatory for awarding of the Bachelor of Business degree that the student undertake the final trimester BB330 Industry Based Capstone Project unit. If a third party is required to find a project for the student, the student will incur a fee (currently $330). The industry based project is designed to provide students with real world experience, working for an industry client on a project focussed within their discipline of study.

How to Apply?

If you are not in Australia

All International students who are not in Australia must apply through our registered agents.

Find a registered agent in your country

If you are in Australia

All International students who are currently in Australia may apply directly to MIT Sydney.

Apply Direct Now

 


 

Student Stories

Levi Butler

Bachelor of Business

One of the first thing my degree at MIT taught me is how to think critically and showed me just how valuable this trait is in the business world.

 

Lachlan McInnes

Bachelor of Business

 I’ve found that I have a better understanding of what I’m learning in my degree because of the way real life examples are constantly used in our classes

 

Hamael  Malik

Bachelor of Business

The lecturers have always motivated me to think beyond the box and shown a keen interest in my future – something that has driven me to excel.

 

Grishma Manandhar

Bachelor of Business

My degree has given me a lot of knowledge and skills that I know will be useful in my career goal as an accountant in a big firm.

 

Carolyne Kioko

Bachelor of Business

I’ve studied at another university in Australia so I can say with confidence that I’ve had the best study experience at MIT Sydney

 

Brie  Dancak

Bachelor of Business

My degree has provided me with so many levels of practical experience and insider knowledge even before I’ve graduated! 

 

 


Have questions?

Speak to our Course Advisor today.

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Disclaimer

Even though MIT endeavours to provide correct information, this information may change throughout the year. You are strongly advised to verify the accuracy of this information with the relevant schools before making a decision.

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