About the course

Propel your career towards becoming a professional accountant with the MIT Master of Professional Accounting (MPA). This course is designed to produce accountants who are work ready and able to add value in the complex global business environment. Learn how to apply accounting theory to real-world cases.

Explore the profession’s latest thinking, techniques and practices. This course also develops the “soft skills” employers are looking for, such as great communication, decision making, collaboration, problem solving, self-direction and leadership.

Change your world and transform the industry Capstone Project

As part of Master of Professional Accounting degree, you will have access to MIT's industry based Capstone Project:

MA618 - Industry Based Capstone Project.

MIT’s School of Business have designed this unit to provide you with 'Work-Ready' skills through 150 hours of project work. You will be working with Industry client and solving the real-world challenges faced by clients in the Accounting field. You will research, develop, test and present your solution in an industry accepted format through the use of Project Management tools.

Our past students have worked on capstone project such as:

Rental Industry - Development of forecasting budget plan to track PnL for a real-estate agency
HR management - Development of financial modelling and Excel Spreadsheet mitigation and migration to Xero for an Member management Event Web Portal
Online Marketplace - Development of Three-way forecast with competitor analysis for an Online Marketplace Application
Farming - Development of Sustainability analysis with financial forecast for Farming Machinery Maintenance Industry
Health Services - Audit of Income sources and strategy development for revenue autonomy for a Health and Safety App

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 accounting field, like Auditing (Production and Performance) and Public Sector Accountability expert Associate Professor Michael De Martinis, and Financial Reporting / Corporate Governace expert Dr. Jayasinghe Hewa Dulige (PhD).

Level	Higher Degree Course (Masters)
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 9

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Overview

CRICOS Course Code	057028F (VIC) 072673G (NSW)
Duration	2 Years (4 Trimesters) Full-Time or Equivalent Part-Time (Domestic Students only)
Intake	March, July, November
Campus	Melbourne (City) Sydney (City)
Study mode	On Campus

Aim and Objectives

The Master of Professional Accounting aims to provide graduates who will:

Possess a body of knowledge in accounting that demonstrates a thorough understanding of the discipline and its application
Possess the technical knowledge, competency and skills required to become members of the relevant professional bodies
Be capable of independent and life-long learning
Exercise critical thinking and problem solving skills
Be able to analyse and adapt knowledge to different contexts
Be ethically aware and possess appropriate professional skills
Be culturally aware and able to adapt to diverse environments
Demonstrate initiative and professional responsibility

Teaching Methodology

Small classes provide an interactive learning climate where students are able to interact with Lecturers in lectures, seminars, workshops and tutorials. Further, graduates will demonstrate superior business communication skills by completion of a unit in professional Communication in Trimester 1 followed by a further Unit in Professional Communication in Trimester 3.

Course Structure

In order to graduate from the Master of Professional Accounting students must complete 16 units (240 credit points). Each unit is worth 15 credit points and full-time students undertake 4 units per semester.

Graduates of the Graduate Diploma of Accounting can be admitted into the second year of the program with 120 Credit Points.

MPA students are required to complete the following study program.

Year 1

Semester 1

MA501 Foundations of Accounting *
MA503 Economics
MA508 Business Statistics
MA509 Accounting Information Systems *

Semester 2

MA506 Business & Company Law
MA511 Financial Accounting & Reporting (pre-requisite MA501)
MA514 Business Finance (pre-requisiteMA508)
MA515 Managerial Accounting (pre-requisite MA501)

Year 2

Semester 3

MA601 Theory & Current Issues in Accounting (pre-requisite MA511)
MA611 Auditing (pre-requisite MA506 & MA511)
MA613 Taxation Law (pre-requisite MA506)
MA609 Business Analytics and Data Intelligence (pre-requisite MA508)

Semester 4

MA618 Industry Based Capstone Project* (pre-requisite: Must have successfully completed a minimum of 10 units.)
MA619 Accounting Research (pre-requisite MA601 & MA515)
Elective 1
Elective 2

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.

*Additional Fees

MA501 Foundations of Accounting and MA509 Accounting Information Systems utilise cloud-based accounting software. When studying these units, the student will incur a fee per unit (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 Master of Professional Accounting degree that the student undertake the final trimester MA618 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.

Career Opportunities

Graduates will be able to be employed in the following fields of professional accounting:

Public accounting
Auditing, internal and external
Management Consulting
Taxation
Teaching
Business Administration
Management Accounting
Financial Accounting
Forensic Accounting

Accreditation and Recognition

The Master of Professional Accounting is accredited by the Tertiary Education Quality and Standards Agency (TEQSA) - www.teqsa.gov.au.

Professional accreditation and memberships

The Master of Professional Accounting course is 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 Requirement

Applicants must have successfully completed the equivalent of a 3 year Australian Bachelor degree and have a demonstrated language competence with an IELTS of 6.5 overall with no individual band below 6.0

Mature age applicants can be considered for admission on a case-by-case basis having regard to prior study, employment and professional experience.

Graduates of the Graduate Diploma of Accounting can be admitted into second year of the program with 120 Credit Points.

International Students - English Language Requirement

English language Proficiency tests	Results Required
IELTS (Academic)	Overall score 6.5 (no band less than 6.0) or equivalent

For further information, see the links below:

Industry Experience

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

Student Stories

Abhishek Negi

Master of Professional Accounting

Despite not being from an accounting background, I’ve managed to excel in my course due to the support I’ve received from my professors...

Have questions?

Speak to our Course Advisor today.

1800 648 669

Note: MIT is open Mon-Fri 9am to 5pm, excluding public holidays.

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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