Master of Professional Accounting and Master of Business Law - 2019

This is a double degree course leading to two master's degrees: the Master of Professional Accounting and the Master of Business Law.

In this double degree, you will develop your knowledge and expertise in accounting and develop the skills to address the wide range of legal issues that arise in contemporary business. You have the opportunity to focus on specific fields of accounting practice, including accounting information systems, financial accounting, forensic accounting, auditing and management accounting, alongside study of the legal environment and its impact on business practice in corporate governance, financial regulation, Asian and international business, human resources and workplace relations, marketing and taxation.

The course is designed for graduates and for those who need specialist legal knowledge in their roles, such as those in regulatory, compliance or risk management positions, who want to combine this knowledge with an advanced accounting qualification.

The course is taught by a team of qualified academic staff and includes guest lectures and workshops from industry experts and leading practitioners, to ensure your knowledge reflects current practice.

These course outcomes are aligned the Australian Qualifications Framework level 9 and Monash Graduate AttributesAustralian Qualifications Framework level 9 and Monash Graduate Attributes (http://www.monash.edu.%20au/pubs/handbooks/alignmentofoutcomes.html).

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

1. be critical and creative scholars who:
   • produce innovative solutions to problems
   • apply research skills to business challenges
   • communicate effectively and perceptively
2. be responsible and effective global citizens who:
   • engage in an internationalised world
   • exhibit cross-cultural competence
   • demonstrate ethical values
3. 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
4. demonstrate a mastery of professional accounting and be able to apply both theoretical and practical knowledge and skills in applied accounting situations, and have advanced knowledge to master's level in business law.

This degree is accredited by relevant Australian professional bodies. Refer to the Monash Business School professional recognitionprofessional recognition (https://www.monash.edu/business/future-students/graduate-study-options/after-you-graduate/professional-recognition) page.

Double degree courses include all the features of the component degree courses, except that electives may be reduced or redirected.

The Master of Professional Accounting and the Master of Business Law are each structured in three parts, Part A. Advanced preparatory studies, Part B. Mastery knowledge and Part C. Application studies. In the double degree course you complete:

Part A. Advanced preparatory studies (24 points)

These studies will introduce you to professional accounting studies at an advanced level. They are intended for students whose previous qualification is not in a cognate field.

Part B. Mastery knowledge (96 points)

The professional accounting studies will develop your capacity as a critical accounting professional able to apply your knowledge of a specialisation to provide discipline-based solutions to professional environments.

The business law studies provide a comprehensive study of core business law disciplines and the impact they have on decision-making in organisations. You will develop your capacity to apply your knowledge to provide discipline-based solutions to legal problems and risks arising in contemporary business.

The double degree comprises 120 points structured into two parts: Part A. Advanced preparatory studies (24 points), and Part B. Mastery knowledge (96 points). All students complete Part A and B.

The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2019handbooks/maps/map-b6015.pdf) provides guidance on unit enrolment for each semester of study.

Units are 6 points unless otherwise stated.

Part A. Advanced preparatory studies (24 points)

You must complete:

• ACF5950 Introduction to financial accounting
• ECF5953 Economics
• ETF5900 Business statistics
• MGF5962 Principles of management

Part B. Mastery knowledge (96 points)

You must complete:

• ACF5100 Strategic management accounting
• ACF5510 Integrated accounting
• ACF5904 Accounting information systems
• ACF5953 Financial accounting
• ACF5955 Management accounting
• ACF5956 Advanced financial accounting
• ACF5957 Auditing and assurance
• BFF5021 Case studies in risk management
• BFF5902 Introduction to risk management
• BFF5954 Business finance
• BTF5000 Corporate governance
• BTF5001 Business regulation and compliance
• BTF5501 Corporations law
• BTF5801 Masters research paper
• BTF5903 Law and business decisions
• BTF5965 Taxation law

You may exit this course early and apply to graduate with one of the following awards, provided you have satisfied the requirements for that award during your enrolment in this master's course:

• Graduate Certificate of Business after successful completion of 24 credit points of study with a minimum of 18 credit points at level 4 or above
• Graduate Diploma of Business after successful completion of 48 credit points of study with a minimum of 36 credit points at level 4 or above
• Master of Professional Accounting after successful completion of 96 credit points of study including all of the requirements for Part A, Part B and Part C for the single degree
• Master of Business Law after successful completion of 96 credit points of study including all of the requirements for Part A, Part B and Part C for the single degree.