Monash University

Postgraduate - Course

Students who commenced study in 2015 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.

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This course entry applies to students commencing this course in 2015 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics.

Course code0790
Managing facultyBusiness and Economics
Abbreviated titleMProfAcc
CRICOS code082336G
Total credit points required96
Standard duration of study (years)2 years FT, 4 years PT
Study mode and locationOn-campus (Caulfield)
Admission, fee and application details
Contact details


Course coordinator

Dr Andrzej Ceglowski


  • 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 Institute of Public Accountants in Australia, or entry into the Chartered Accountants' Program of The Institute of Chartered Accountants Australia. Students in this course have the opportunity to develop their practical and theoretical knowledge and skills in accounting and related business areas to a masters level.


These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate AttributesAustralian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate Attributes (

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.) demonstrate a mastery of professional accounting and be able to apply both theoretical and practical knowledge and skills in applied accounting situations.

Credit for prior studies

Students may be eligible for up to 48 credit points for previous graduate level studies. Credits or exemptions up to 24 credit points may be granted for previous undergraduate studies.

Maximum credit allowed

48 credit points

Professional recognition

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


This course consists of:

  • four business foundation units
  • ten specialisation mastery units
  • two accounting electives.


Graduates with a non-business undergraduate degree must complete:

(a.) four business foundation units (24 points):

All students must complete:

(b.) ten specialisation mastery units (60 points):

* This capstone unit and other designated specialisation mastery units incorporate the application of research principles including research methods applicable to the accounting practitioner's field of work.

(c.) two electives from the following list (12 points):

  • ACF5080 Business accounting: Strategic issues
  • ACF5120 Forensic accounting and fraud examination
  • ACF5130 Financial statement analysis and business valuation
  • ACF5150 Financial reporting issues
  • ACF5330 Integrated systems for business enterprises
  • ACX5951 International study program in accounting
  • other related units as approved by the course coordinator

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
  • 3848 Graduate Diploma in Business after successful completion of 48 points of study.


Master of Professional Accounting