Monash University

Postgraduate - Course

Students who commenced study in 2014 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

print version

This course entry applies to students commencing this course in 2014 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleMProfAcc
CRICOS code061311B
Total credit points required72
Standard duration of study (years)1.5 years FT, 3 years PT
Study mode and locationOn-campus (Caulfield)
Admission, fee and application details
Contact details

Caulfield Student Services

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Dr Stephen Smith


  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.


This course is designed for students who wish to meet the academic requirements for admission as an associate member of both CPA Australia and the Associate Membership of, or entry into, the Chartered Accountants' Program of The Institute of Chartered Accountants in Australia. Students in this advanced course have the opportunity to broaden their practical and theoretical knowledge and skills in accounting and related business areas, and to study at a more advanced level.


Upon successful completion of this course it is expected that graduates will:

(a.) be critical and creative scholars who:

  • produce innovative solutions to problems
  • apply research skills to business challenges
  • communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

  • engage in an internationalised world
  • exhibit cross-cultural competence
  • demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve

(d.) have advanced knowledge to master's level in accounting

Credit for prior studies

Students may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications.

Maximum credit allowed

36 credit points

Professional recognition

Refer to the faculty's Professional recognition of coursesProfessional recognition of courses ( page in this Handbook.


This course consists of seven compulsory units and five electives.


Students must complete:

(a.) seven units (42 points):

  • ACF5955 Management accounting
  • ACF5950 Introductory accounting
  • ACF5953 Financial accounting
  • ACF5956 Advanced financial accounting
  • BFF5954 Business finance
  • BTF5950 Business and corporations law
  • MGX5991 Personal development - critical thinking and communication

(b.) two units (12 points) from the following:

(c.) a further three graduate-level units (18 points) from the remaining units listed in (b.) or from units offered by any department in the Faculty of Business and Economics.

These units can be identified using the browse units toolbrowse units tool ( in the current edition of the handbook. The level of the unit is indicated by the first number in the unit code; postgraduate units are those that commence with the number 5.

Progression to further studies

Students who successfully complete the Master of Professional Accounting may be eligible for admission to 0503 Master of Business (Accounting) subject to satisfying the appropriate entry requirementsentry requirements (

Alternative exit(s)

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

  • 1679 Graduate Certificate in Business after successful completion of 24 points of study
  • 0748 Graduate Diploma in Accounting after successful completion of 48 points of study.


Master of Professional Accounting