MCom/MPAcc

To qualify for the combined award, Master of Commerce and Master of Professional Accounting, a student must successfully complete a total of 16 units of study (96 credit points), comprising:

• eight compulsory units (48 credit points) as listed in Table A;
• a major (four advanced / 6000 coded units) in one of the subject areas listed in Table B; and
• either a second major, or four elective units* from Table B (including up to three foundation / 5000 coded units).

* Please Note. Students who wish to complete the requirements for CPA or ICAA accreditation must complete a defined set of elective units of study. Please refer to the information under the heading Accreditation requirements below for details of these required units of study.

Table A (Compulsory Professional Accounting Units)

• ACCT5001 Accounting Principles
• ACCT5002 Managerial Accounting and Decision Making
• CLAW5001 Legal Environment of Business
• FINC5001 Capital Markets and Corporate Finance
• ACCT6001 Intermediate Financial Reporting
• ACCT6007 Contemporary Issues in Auditing
• ACCT6010 Advanced Financial Reporting
• CLAW6002 Corporations Law

Table B (Commerce subject areas for majors and electives)

Please Note:

1. Although the same unit of study may be listed under more than one subject area (e.g. CLAW6026 is listed under Accounting, Business Law & Taxation), advanced (6000 coded) units of study cannot be counted towards more than one major. Students should also note that advanced units which are compulsory for the Master of Professional Accounting cannot also be counted towards major requirements (e.g. ACCT6001, ACCT6007, ACCT6010 and CLAW6002 which are listed under the Accounting major for the Master of Commerce, cannot be counted towards a major in Accounting within this combined degree).
2. For some of the majors listed above, students will need to complete particular foundation / 5000 level units of study as prerequisites. The required prerequisite units (where applicable) are listed in the requirements for each major.

Professional accounting accreditation requirements

CPA Australia accreditation

Students who wish to apply for CPA Australia accreditation must complete in addition to the eight (8) compulsory units, the following units of study as electives in the Master of Professional Accounting program.

• CLAW6026 Concepts of Australian Taxation *
• ECMT5001 Principles of Econometrics
• ECON5003 Economics for Accountants OR both ECON5001 Microeconomic Theory and ECON5002 Macroeconomic Theory
• Either INFS5000 Business Information Systems OR INFS6001 BIS Management

ICAA accreditation

Students who wish to apply for ICAA accreditation must complete in addition to the eight (8) compulsory units of study, the following elective unit of study as part of the required 4 electives in the Master of Professional Accounting program:

• CLAW6026 Concepts of Australian Taxation

Other professional bodies'accreditation options

Australian Computer Society(ACS)accreditation program

Students planning to satisfy the entry requirements of the ACS should include in their award course a prescribed set of units of study, including a major in Business Information Systems.The required units of study are listed below:

• The unit of study Business Information Systems (INFS5000); and
• At least five (5) advanced Business Information Systems (INFS 6000 level) elective units of study (30 credit points)

For further information, click on the following link: ACS accreditation.

Australian Human Resources Institute (AHRI) accreditation

AHRI is the national association representing human resource management professionals and is Australia's leading human resources professional body. All courses incorporating a major/specialisation in Employment Relations and Human Resource Management are AHRI-accredited. Students wishing to satisfy the requirements for professional membership of AHRI should include this major in their course. The required units of study for the major listed under the major Employment Relations and Human Resource Management.

Students should check the particular requirements for accreditation with CPA Australia or ICAA to ensure that they select the appropriate elective units of study. Students wishing to have accreditation with CPA or ICAA should refer to the information under the heading Accreditation requirements for details of the required elective units of study they will need to complete.

Degree progression examples

The following tables illustrate degree progression examples for:

1. the generic Master of Commerce and Master of Professional Accounting;
2. the required units for CPA Australia accreditation requirements in the Master of Commerce and Master of Professional Accounting; and
3. the units required for ICAA accreditation requirements in the Master of Commerce and Master of Professional Accounting..

Please Note. The information listed in these program of study examples are meant as a guide only. Students should always check the requirements for individual units of study. Students are advised to plan their degree based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree. (In these examples "MCom" refers to the Master of Commerce)

1. Master of Commerce and Master of Professional Accounting (generic program of study example)

Please Note: This example shows only the basic generic compulsory requirements for the combined degree. If students wish to meet CPA or ICAA requirements they they must complete additional specific elective units of study as illustrated in the following program of study examples.

2. CPA Accreditation Requirements

The following program of study illustrates the progression of a full-time student completing four units of study per semester to meet CPA accreditation requirements in the Master of Commerce and Master of Professional Accounting.

Please Note:

1. * Students must complete all these units of study. All of these units are offered for both Semester 1 and Semester 2 enrolments and have no prerequisite requirements. Therefore they can be completed in any order.
2. This program of study is meant to be a guide only. Students may be able to undertake the required units of study for this degree in a different sequence to that listed above. Students should also note that this example has been developed using 2008 offerings of units of study and there is no guarantee that the units listed above will be offered in the same semesters in the years after 2008. Units of study listed above may also be available in Summer or Winter School sessions.
3. The options for a Commerce major are restricted if students choose to follow this CPA accreditation. Students can complete the following majors: Accounting, Business and Security, Business Information Systems, Business Law, Business Statistics, Finance, Governance, International Business, Organisational Analysis and Strategy, Quantitative Finance, Strategic Management, Supply Chain and Logistics Management, Taxation, and Transport Management.

3. ICAA Accreditation Requirements

The following program of study illustrates the progression of a full-time student completing four units of study per semester to meet ICAA accreditation requirements in the Master of Commerce and Master of Professional Accounting.

Please Note: This program of study is meant to be a guide only. Students may be able to undertake the required units of study for this degree in a different sequence to that listed above. Students should also note that this example has been developed using 2008 offerings of units of study and there is no guarantee that the units listed above will be offered in the same semesters in the years after 2008. Units of study listed above may also be available in Summer or Winter School sessions.

Sample illustrative programs of study

Please click on the links below to download some of the common major/unit of study combinations for the Master of Commerce and Master of Professional Accounting.

Please Note. The information listed in these program of study examples are meant as a guide only. Students should always check the requirements for individual units of study and majors. Students are advised to plan their degree based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree..

• Master of Commerce and Master of Professional Accounting with a major in Accounting
• Master of Commerce and Master of Professional Accounting with a major in Banking
• Master of Commerce and Master of Professional Accounting with a major in Business and Security
• Master of Commerce and Master of Professional Accounting with a major in Business and Society
• Master of Commerce and Master of Professional Accounting with a major in Business Decision Sciences
• Master of Commerce and Master of Professional Accounting with a major in Business Information Systems
• Master of Commerce and Master of Professional Accounting with a major in Business Law
• Master of Commerce and Master of Professional Accounting with a major in Business Statistics
• Master of Commerce and Master of Professional Accounting with a major in Economics
• Master of Commerce and Master of Professional Accounting with a major in Employment Relations and Human Resource Management
• Master of Commerce and Master of Professional Accounting with a major in Entrepreneurship
• Master of Commerce and Master of Professional Accounting with a major in Finance
• Master of Commerce and Master of Professional Accounting with a major in Governance
• Master of Commerce and Master of Professional Accounting with a major in International Business
• Master of Commerce and Master of Professional Accounting with a major in Marketing
• Master of Commerce and Master of Professional Accounting with a major in Organisational Analysis and Strategy
• Master of Commerce and Master of Professional Accounting with a major in Quantitative Finance
• Master of Commerce and Master of Professional Accounting with a major in Strategic Management
• Master of Commerce and Master of Professional Accounting with a major in Supply Chain and Logistics Management
• Master of Commerce and Master of Professional Accounting with a major in Taxation
• Master of Commerce and Master of Professional Accounting with a major in Transport Management

For possible combinations of majors available under the combined degree please refer to the information below:

Master of Commerce and Master of Professional Accounting: Possible major combinations

For entry into this degree, students must have completed a bachelor’s degree, graduate diploma/certificate or equivalent from a recognised tertiary institution with a minimum credit (65 per cent) average.

For details of the English language requirements for entry into this course, please refer to the section headed English Language Requirements under the Admissions page on this website.

Part-time:Students undertake one or two units per semester, typically completing the program in four to six years.

and handbook

For more detailed course information, requirements and resolutions for this course in 2008, students should refer to the Faculty of Economics and Business Handbook's updates errata page.

The following is a list of the compulsory Professional Accounting units of study from the Faculty of Economics and Business which are available for enrolment this year.

For details of the current availability of non-Faculty of Economics and Business units of study,(such as GOVT units), please refer to the University's Online Unit of Study Handbook

For details of the available elective units and required units for the Commerce major, please refer to the subject areas listed under Table B above.

• ACCT5001 Accounting Principles
• ACCT5002 Managerial Accounting & Decision Making
• ACCT6001 Intermediate Financial Reporting
• ACCT6007 Contemporary Issues in Auditing
• ACCT6010 Advanced Financial Reporting
• CLAW5001 Legal Environment of Business
• CLAW6002 Corporations Law
• FINC5001 Capital Markets and Corporate Finance

• Accounting (Master of Commerce and Master of Professional Accounting)
• Banking (Master of Commerce and combined Master of Commerce programs)
• Business and Security (Master of Commerce and combined Master of Commerce programs)
• Business and Society (Master of Commerce and combined Master of Commerce programs)
• Business Decision Sciences (Master of Commerce and combined Master of Commerce programs)
• Business Information Systems (Master of Commerce and combined Master of Commerce programs)
• Business Law (Master of Commerce and Master of Professional Accounting)
• Business Statistics (Master of Commerce and combined Master of Commerce programs)
• Economics (Master of Commerce and combined Master of Commerce programs)
• Employment Relations and Human Resource Management (Master of Commerce and combined Master of Commerce programs)
• Entrepreneurship (Master of Commerce and combined Master of Commerce programs)
• Finance (Master of Commerce and combined Master of Commerce programs)
• Governance (Master of Commerce and combined Master of Commerce programs)
• International Business (Master of Commerce and combined Master of Commerce programs)
• Marketing (Master of Commerce and combined Master of Commerce programs)
• Organisational Analysis and Strategy (Master of Commerce and combined Master of Commerce programs)
• Quantitative Finance (Master of Commerce and combined Master of Commerce programs)
• Strategic Management (Master of Commerce and combined Master of Commerce programs)
• Supply Chain and Logistics Management (Master of Commerce and combined Master of Commerce programs)
• Taxation (Master of Commerce and combined Master of Commerce programs)
• Transport Management (Master of Commerce and combined Master of Commerce programs)