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Monash University

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Professional recognition - Faculty of Business and Economics

The Faculty of Business and Economics offers both specialist and generalist degrees that enable graduates to satisfy educational requirements for professional registration or membership. During the course of their studies, students should be careful to ensure the units they take are those required for the profession of their choice. The following information provides details of the units required for selected professional registration or membership. Students granted credit are advised that each professional body reserves the right to reject an application for membership if the credit is not in accord with its guidelines.

Accounting

The faculty offers specially designed programs that enable candidates to satisfy educational requirements of CPA Australia (CPAA), The Institute of Chartered Accountants in Australia (ICAA) and the National Institute of Accountants (NIA). The on-campus programs at the Caulfield campus are the Master of Professional Accounting, which is a pathway to associate membership of CPAA and the NIA and the Master of Business (Accounting) which is a pathway for advancement from associate membership to CPA status.

CPA Australia: associate membership of CPA Australia and National Institute of Accountants.

The following list of units satisfy the educational requirements of CPAA and the NIA. Students enrolled in the 12-unit Master of Professional Accounting or 16-unit Master of Professional Accounting (Advanced) must include all the units in their program. Candidates who do not hold an Australian bachelor degree or an overseas qualification deemed by Australian Educational International, National Office of Overseas Skills Recognition (AEI-NOOSR) to be equivalent to an Australian bachelor degree must complete the 16-unit Master of Professional Accounting.

Caulfield: on-campus

The Institute of Chartered Accountants in Australia (ICAA): entry to the Chartered Accountants Program

The following list of units is accredited by the ICAA. Graduates who hold an Australian bachelor degree or an overseas qualification deemed by AEI-NOOSR to be equivalent to an Australian bachelor degree and complete successfully all the units will satisfy the educational requirements for admission to the Chartered Accountants Program. It should be noted that full membership of the ICAA requires completion of mentored work experience and the Chartered Accountants Program, which comprises four technical modules and one final integrative module.

Caulfield: on-campus

Gippsland: off-campus

Banking, finance and securities industries: membership of the Financial Services Institute of Australasia (FINSIA)

Graduates of the Master of Applied Finance and Master of Business (Banking and Finance) meet the educational components of the criteria for membership at the senior associate (SA Fin) level.

Membership of The Finance and Treasury Association Ltd

Graduates of the Master of Applied Finance and Master of Business (Banking and Finance) meet the education criteria for membership at Certified Finance and Treasury Professional (CFTP) level.

Management: affiliate status with the Australian Institute of Management (AIM)

Many of the postgraduate programs offered by the faculty satisfy the educational qualifications for affiliate status. Affiliates can advance to member within five years or less if they can meet AIM's requirement of proven management achievement.

Marketing: associate membership of the Australian Marketing Institute (AMI)

Graduates who major in marketing will satisfy the educational requirements for admission as an associate member. Membership of AMI is graded into categories which reflect members' practical experience, professional achievements and formal education. Associate members are encouraged to upgrade their status as their career progresses.

Risk management: membership of the Risk Management Institution of Australasia (RMIA)

Master of Risk Management graduates who have five years of recognised work experience in area of risk management will satisfy the educational requirements for admission as a Member of RMIA.