4402 - Master of Business and Master of Professional Accounting

The double degree is intended to provide students the opportunity to gain knowledge and skills in accounting, to specialise in a second area of business of specific interest to them while also gaining an understanding of the broad range of contemporary business topics and their relevance to the business environment. Students also have the opportunity to participate in a unique suite of units that build skills and knowledge in personal development and corporate social responsibility, to increase their employment opportunities in public practice and industry.

The learning goals associated with this course are to:

• develop the ability to identify problems, to synthesise, analyse, summarise and classify data and qualitative information, to evaluate and weigh evidence, arguments and ethics, to apply specialist skills and knowledge to global business issues; and to work out solutions to simulated business cases and problems
• develop the ability to locate, evaluate and reference needed data and qualitative information stored electronically and physically and to use state-of-the-art technology to make high quality, persuasive and appropriate spoken and written presentations
• develop the ability to work independently and to lead and participate in teams from diverse cultural and social backgrounds
• develop the knowledge of the accounting profession and the need to pursue life-long learning to be an effective leader and provide service to local, national and international communities
• develop an understanding of contemporary issues within the various disciplines of local and global business
• attain knowledge and skills associated with understanding and applying business theory, concepts and practice locally, regionally, internationally and globally.

This course comprises six compulsory units and 10 electives.

(a.) Students must complete three units (18 points) in personal development and corporate social responsibility as follows:

(i.) one of the following units (6 points):

• GSB9001 Personal development - critical thinking and communication
• GSB9002 Personal development - managing self and relationships
• GSB9003 Personal development - professional advancement

(ii.) one of the following units (6 points):

• BTX5000 Corporate governance
• BTX5040 Legal aspects of corporate social responsibility
• MGX5030 Corporate social responsibility

(iii.) one further unit (6 points) from the units in (i.) or (ii.)

(b.) Students must complete the following six compulsory units (36 points):

• AFX9500 Introductory accounting
• AFX9530 Financial accounting
• AFX9540 Business finance
• AFX9550 Management accounting
• AFX9560 Advanced financial accounting
• BTX9500 Business and corporations law

(c.) Students must complete a further seven elective units (42 points) as follows:

(i.) at least three of the following units (18 points):

• AFX9510 Quantitative methods
• AFX9520 Accounting information systems and financial modelling
• AFX9570 Auditing and assurance
• BTX9651 Taxation law
• ECF9530 Economics

(ii.) a further four graduate units (24 points) from the Faculty of Business and Economics subject to the following condition:

• a research option is available with permission of the course coordinator. Students enrolling in the research option will be required to complete the units MGX5000, MGX5901 and MGX5900 as part of their elective component.

Students seeking associate membership of CPA Australia upon graduation must include the following units under requirement (c) in the course requirements section:

• AFX9510 Quantitative methods
• AFX9520 Accounting information systems and financial modelling
• ECF9530 Economics

Students seeking admission to the Chartered Accountants Program upon graduation must include the following units under requirement (c) in the course requirements section:

• AFX9570 Auditing and assurance
• BTX9651 Taxation law

Upon successful completion of the course graduates will satisfy the educational requirements for admission as an associate member of CPA Australia and the National Institute of Accountants, and entry to the CPA program of CPA Australia and the Chartered Accountants Program of The Institute of Chartered Accountants in Australia.

Students wishing to exit the Master of Business and Master of Professional Accounting early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

• Graduate Certificate in Business after successful completion of 24 points of study
• Graduate Diploma in Business after successful completion of 48 points of study
• either of the single masters degrees subject to satisfying the requirements of the single degree.

Master of Business

Master of Professional Accounting